Note 3 - Securities (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

	March 31, 2024
			Gross		Gross
			Unrealized		Unrealized
	Amortized		Holding		Holding		Fair
(in thousands)	Cost		Gains		Losses		Value
Available-for-sale debt securities:
U.S. treasuries	$	36,864	$	-	$	3,950	$	32,914
Obligations of state and political subdivisions		217,185		25		21,470		195,740
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		85,865		-		13,062		72,803
Collateralized mortgage obligations - commercial		3,604		-		234		3,370
Mortgage-backed securities		18,241		2		2,712		15,531
Private collateralized mortgage obligations		72,680		54		6,432		66,302
Corporate debt securities		35,050		-		3,486		31,564
Asset-backed securities		23,127		134		47		23,214
Negotiable certificates of deposit		744		-		62		682
Total available-for-sale debt securities	$	493,360	$	215	$	51,455	$	442,120

	December 31, 2023
			Gross		Gross
			Unrealized		Unrealized
	Amortized		Holding		Holding		Fair
(in thousands)	Cost		Gains		Losses		Value
Available-for-sale debt securities:
U.S. treasuries	$	36,852	$	-	$	3,675	$	33,177
Obligations of state and political subdivisions		220,181		52		20,437		199,796
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		87,405		-		13,198		74,207
Collateralized mortgage obligations - commercial		3,613		-		227		3,386
Mortgage-backed securities		18,872		4		2,430		16,446
Private collateralized mortgage obligations		76,912		78		6,838		70,152
Corporate debt securities		35,055		-		3,769		31,286
Asset-backed securities		21,768		67		145		21,690
Negotiable certificates of deposit		744		-		70		674
Total available-for-sale debt securities	$	501,402	$	201	$	50,789	$	450,814

Investments Classified by Contractual Maturity Date [Table Text Block]

	March 31, 2024
	Amortized		Fair
(in thousands)	Cost		Value
Amounts maturing in:
One year or less	$	19,976	$	19,739
After one year through five years		74,125		68,842
After five years through ten years		90,604		78,344
After ten years		105,138		93,975
Collateralized mortgage obligations		162,149		142,475
Mortgage-backed securities		18,241		15,531
Asset-backed securities		23,127		23,214
Total available-for-sale debt securities	$	493,360	$	442,120

Realized Gain (Loss) on Investments [Table Text Block]

	Three Months Ended March 31,
(in thousands)	2024		2023
Available-for-sale debt securities:
Gross proceeds received on sales	$	-	$	7,054
Gross realized gains		-		162
Gross realized losses		-		-

	Three Months Ended March 31,
(in thousands)	2024			2023
Net losses recognized on equity securities	$	(413	)	$	(508	)
Less: net (losses) gains realized on equity securities sold		-			-
Unrealized losses on equity securities	$	(413	)	$	(508	)

Gain (Loss) on Securities [Table Text Block]

	March 31, 2024
	Less than 12 Months						12 Months or Greater						Total
	Number				Gross		Number				Gross		Number				Gross
	of		Fair		Unrealized		of		Fair		Unrealized		of		Fair		Unrealized
(dollars in thousands)	Securities		Value		Losses		Securities		Value		Losses		Securities		Value		Losses
U.S. treasuries		-	$	-	$	-		17	$	32,914	$	3,950		17	$	32,914	$	3,950
Obligations of state and political subdivisions		-		-		-		192		193,356		21,470		192		193,356		21,470
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		-		-		-		42		72,803		13,062		42		72,803		13,062
Collateralized mortgage obligations - commercial		-		-		-		3		3,370		234		3		3,370		234
Mortgage-backed securities		-		-		-		12		15,440		2,712		12		15,440		2,712
Private collateralized mortgage obligations		5		4,551		23		51		56,630		6,409		56		61,181		6,432
Corporate debt securities		-		-		-		29		30,564		3,486		29		30,564		3,486
Asset-backed securities		-		-		-		8		6,057		47		8		6,057		47
Negotiable certificates of deposit		-		-		-		3		682		62		3		682		62
Total available-for-sale debt securities		5	$	4,551	$	23		357	$	411,816	$	51,432		362	$	416,367	$	51,455

	December 31, 2023
	Less than 12 Months						12 Months or Greater						Total
	Number				Gross		Number				Gross		Number				Gross
	of		Fair		Unrealized		of		Fair		Unrealized		of		Fair		Unrealized
(dollars in thousands)	Securities		Value		Losses		Securities		Value		Losses		Securities		Value		Losses
U.S. treasuries		-	$	-	$	-		17	$	33,177	$	3,675		17	$	33,177	$	3,675
Obligations of state and political subdivisions		1		2,121		16		193		195,153		20,421		194		197,274		20,437
U.S. government/government-sponsored agencies:
Collateralized mortgage obligations - residential		-		-		-		42		74,207		13,198		42		74,207		13,198
Collateralized mortgage obligations - commercial		-		-		-		3		3,386		227		3		3,386		227
Mortgage-backed securities		1		3,800		54		12		12,552		2,376		13		16,352		2,430
Private collateralized mortgage obligations		3		5,670		131		52		58,846		6,707		55		64,516		6,838
Corporate debt securities		1		1,467		33		29		29,819		3,736		30		31,286		3,769
Asset-backed securities		2		3,482		15		10		9,660		130		12		13,142		145
Negotiable certificates of deposit		-		-		-		3		674		70		3		674		70
Total available-for-sale debt securities		8	$	16,540	$	249		361	$	417,474	$	50,540		369	$	434,014	$	50,789

Investment [Table Text Block]

	March 31,		December 31,
(in thousands)	2024		2023
Stock in Federal Home Loan Bank of Pittsburgh	$	9,354	$	8,804
Stock in Atlantic Community Bankers Bank		10		10
Total restricted securities, at cost	$	9,364	$	8,814