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Note 5 - Investment Securities (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Marketable Securities [Table Text Block]
  

December 31, 2024

 
  

Amortized

  

Unrealized

  

Unrealized

  

Allowance for

  

Fair

 

(dollars in thousands)

 

Cost

  

Gains

  

Losses

  

Credit Losses

  

Value

 

Available-for-sale

                    

U.S. Treasury and agencies

 $30,691  $18  $(2) $  $30,707 

Mortgage backed securities

                    

Residential agency

  596,510   1   (92,805)     503,706 

Commercial

  1,350      (99)     1,251 

Asset backed securities

  19            19 

Corporate bonds

  57,986      (5,616)     52,370 

Total available-for-sale investment securities

  686,556   19   (98,522)     588,053 

Held-to-maturity

                    

Obligations of state and political agencies

  119,623      (11,638)  77   107,985 

Mortgage backed securities

                    

Residential agency

  156,093      (27,092)  54   129,001 

Total held-to-maturity investment securities

  275,716      (38,730)  131   236,986 

Total investment securities

 $962,272  $19  $(137,252) $131  $825,039 
  

December 31, 2023

 
  

Amortized

  

Unrealized

  

Unrealized

  

Allowance for

  

Fair

 

(dollars in thousands)

 

Cost

  

Gains

  

Losses

  

Credit Losses

  

Value

 

Available-for-sale

                    

U.S. Treasury and agencies

 $1,119  $4  $(3)    $1,120 

Mortgage backed securities

                    

Residential agency

  524,140   1   (88,547)     435,594 

Commercial

  1,476      (123)     1,353 

Asset backed securities

  26      (1)     25 

Corporate bonds

  57,993      (9,349)     48,644 

Total available-for-sale investment securities

  584,754   5   (98,023)     486,736 

Held-to-maturity

                    

Obligations of state and political agencies

  129,603      (12,613)  114   116,990 

Mortgage backed securities

                    

Residential agency

  170,125      (28,498)  99   141,627 

Total held-to-maturity investment securities

  299,728      (41,111)  213   258,617 

Total investment securities

 $884,482  $5  $(139,134) $213  $745,353 
Schedule of Realized Gain (Loss) [Table Text Block]
  

Year ended

 
  

December 31,

 

(dollars in thousands)

 

2024

  

2023

  

2022

 

Proceeds

 $130,415  $171,758  $ 

Realized gains

         

Realized losses

     (24,643)   
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
      

December 31, 2024

 
      

Less than 12 Months

  

Over 12 Months

  

Total

 
  

Number of

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

 

(dollars in thousands)

 

Holdings

  

Losses

  

Value

  

Losses

  

Value

  

Losses

  

Value

 

Available-for-sale

                            

U.S. Treasury and agencies

  1  $  $  $(2) $327  $(2) $327 

Mortgage backed securities

                            

Residential agency

  124   (1,715)  116,800   (91,090)  386,864   (92,805)  503,664 

Commercial

  1         (99)  1,251   (99)  1,251 

Asset backed securities

  3            18      18 

Corporate bonds

  12         (5,616)  52,370   (5,616)  52,370 

Total available-for-sale investment securities

  141  $(1,715) $116,800  $(96,807) $440,830  $(98,522) $557,630 
      

December 31, 2023

 
      

Less than 12 Months

  

Over 12 Months

  

Total

 
  

Number of

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

 

(dollars in thousands)

 

Holdings

  

Losses

  

Value

  

Losses

  

Value

  

Losses

  

Value

 

Available-for-sale

                            

U.S. Treasury and agencies

  1  $(3) $489  $  $  $(3) $489 

Mortgage backed securities

                            

Residential agency

  112      43   (88,547)  435,505   (88,547)  435,548 

Commercial

  1         (123)  1,353   (123)  1,353 

Asset backed securities

  3         (1)  25   (1)  25 

Corporate bonds

  12         (9,349)  48,644   (9,349)  48,644 

Total available-for-sale investment securities

  129  $(3) $532  $(98,020) $485,527  $(98,023) $486,059 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Held-to-maturity

  

Available-for-sale

 
  

Carrying

  

Fair

  

Amortized

  

Fair

 

(dollars in thousands)

 

Value

  

Value

  

Cost

  

Value

 

Due within one year or less

 $6,801  $6,730  $14,976  $14,980 

Due after one year through five years

  54,832   50,924   16,710   16,622 

Due after five years through ten years

  48,016   41,694   57,990   52,374 

Due after 10 years

  9,974   8,637   370   371 
   119,623   107,985   90,046   84,347 

Mortgage-backed securities

                

Residential agency

  156,093   129,001   596,510   503,706 

Total investment securities

 $275,716  $236,986  $686,556  $588,053 
Investment [Table Text Block]
  

December 31,

  

December 31,

 

(dollars in thousands)

 

2024

  

2023

 

Federal Reserve

 $7,519  $4,623 

FHLB

  13,656   16,566