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Note 7 - Securities Available for Sale (Tables)
9 Months Ended
Sep. 30, 2021
Notes Tables  
Schedule of Unrealized Loss on Investments [Table Text Block]
  

Less Than Twelve Months

  

Twelve Months or More

  

Total

 

(Dollars in thousands)

 

# of

Investments

  

Fair

Value

  

Unrealized

Losses

  

# of

Investments

  

Fair

Value

  

Unrealized

Losses

  

Fair

Value

  

Unrealized

Losses

 

September 30, 2021

                                

Mortgage backed securities:

                                

Federal National Mortgage  Association (FNMA)

  16  $72,635   (612)  1  $3,694   (51) $76,329   (663)

Federal Home Loan Mortgage Corporation (FHLMC)

  16   73,242   (517)  0   0   0   73,242   (517)

Other marketable securities:

                                

U.S. Government agency obligations

  7   34,911   (85)  0   0   0   34,911   (85)

Corporate preferred stock

  0   0   0   1   644   (56)  644   (56)

Total temporarily impaired securities

  39  $180,788   (1,214)  2  $4,338   (107) $185,126   (1,321)
  

Less Than Twelve Months

  

Twelve Months or More

  

Total

 

(Dollars in thousands)

 

# of

Investments

  

Fair

Value

  

Unrealized

Losses

  

# of

Investments

  

Fair

Value

  

Unrealized

Losses

  

Fair

Value

  

Unrealized

Losses

 

December 31, 2020

                                

Mortgage backed securities:

                                

FNMA

  1  $4,956   (3)  0  $0   0  $4,956   (3)

Other marketable securities:

                                

Corporate preferred stock

  0   0   0   1   630   (70)  630   (70)

Total temporarily impaired securities

  1  $4,956   (3)  1  $630   (70) $5,586   (73)
Debt Securities, Available-for-sale [Table Text Block]

(Dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Fair Value

 

September 30, 2021:

                

Mortgage-backed securities:

                

FNMA

 $111,267   751   (663)  111,355 

FHLMC

  83,244   172   (517)  82,899 

Collateralized mortgage obligations:

                

FNMA

  51   2   0   53 
   194,562   925   (1,180)  194,307 

Other marketable securities:

                

U.S. Government agency obligations

  39,990   83   (85)  39,988 

Corporate preferred stock

  700   0   (56)  644 
   40,690   83   (141)  40,632 
  $235,252   1,008   (1,321)  234,939 

(Dollars in thousands)

 

Amortized cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Fair Value

 

December 31, 2020

                

Mortgage-backed securities:

                

FNMA

 $68,699   1,313   (3)  70,009 

FHLMC

  31,025   327   0   31,352 

Collateralized mortgage obligations:

                

FNMA

  97   6   0   103 
   99,821   1,646   (3)  101,464 

Other marketable securities:

                

U.S. Government agency obligations

  45,029   204   0   45,233 

Municipal obligations

  725   1   0   726 

Corporate obligations

  37   0   0   37 

Corporate preferred stock

  700   0   (70)  630 
   46,491   205   (70)  46,626 
  $146,312   1,851   (73)  148,090 
Available-for-sale Securities [Member]  
Notes Tables  
Contractual Obligation, Fiscal Year Maturity [Table Text Block]

(Dollars in thousands)

 

Amortized

Cost

  

Fair

Value

 

Due less than one year

 $85,676   85,595 

Due after one year through five years

  124,263   124,119 

Due after five years through ten years

  24,576   24,544 

Due after ten years

  737   681 

Total

 $235,252   234,939