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Securities (Tables)
6 Months Ended
Jun. 30, 2024
Securities [Abstract]  
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities

June 30, 2024

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

for Credit

Fair

Cost

Gains

Losses

Losses

Value

(In Thousands)

Available for Sale:

U.S. Treasury securities

$

41,257

$

-

$

(2,342)

$

-

$

38,915

U.S. Government agencies

27,551

21

(2,628)

-

24,944

States and political subdivisions

150,525

-

(23,877)

-

126,648

Mortgage-backed securities-

government sponsored entities

241,933

-

(34,862)

-

207,071

Total debt securities

$

461,266

$

21

$

(63,709)

$

-

$

397,578

December 31, 2023

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

for Credit

Fair

Cost

Gains

Losses

Losses

Value

(In Thousands)

Available for Sale:

U.S. Treasury securities

$

55,968

$

14

$

(2,382)

$

-

$

53,600

U.S. Government agencies

18,486

-

(2,490)

-

15,996

States and political subdivisions

151,764

-

(22,285)

-

129,479

Mortgage-backed securities-government

sponsored entities

240,600

-

(33,416)

-

207,184

Total debt securities

$

466,818

$

14

$

(60,573)

$

-

$

406,259

Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position

June 30, 2024

Less than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Treasury securities

$

-

$

-

$

34,929

$

(2,342)

$

34,929

$

(2,342)

U.S. Government agencies

5,979

(24)

15,943

(2,604)

21,922

(2,628)

States and political subdivisions

536

(14)

124,897

(23,863)

125,433

(23,877)

Mortgage-backed securities-government sponsored entities

14,375

(128)

192,696

(34,734)

207,071

(34,862)

$

20,890

$

(166)

$

368,465

$

(63,543)

$

389,355

$

(63,709)

December 31, 2023

Less than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Treasury securities

$

-

$

-

$

40,833

$

(2,382)

$

40,833

$

(2,382)

U.S. Government agencies

-

-

15,996

(2,490)

15,996

(2,490)

States and political subdivisions

2,261

(12)

125,452

(22,273)

127,713

(22,285)

Mortgage-backed securities-government sponsored entities

-

-

207,184

(33,416)

207,184

(33,416)

$

2,261

$

(12)

$

389,465

$

(60,561)

$

391,726

$

(60,573)

Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

Available for Sale

Amortized Cost

Fair Value

(In Thousands)

Due in one year or less

$

23,400

$

23,141

Due after one year through five years

39,178

36,130

Due after five years through ten years

76,727

63,253

Due after ten years

80,028

67,983

219,333

190,507

Mortgage-backed securities-government sponsored entities

241,933

207,071

$

461,266

$

397,578

Gross Realized Gains and Losses on Sales of Securities Available-for-Sale

Three Months

Six Months

Ended June 30,

Ended June 30,

2024

2023

2024

2023

Gross realized gains

$

$

$

$

4

Gross realized losses

(212)

(213)

Net realized gains (losses)

$

$

(212)

$

$

(209)

Proceeds from sales of securities

$

$

1,363

$

$

3,345