XML 32 R23.htm IDEA: XBRL DOCUMENT v3.22.2
Note 2 - Securities (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
  

Amortized

Cost

  

Gross

Unrealized

Gains

  

Gross

Unrealized

Losses

  

Fair

Value

 

June 30, 2022

                

U.S. Government agency debt obligations

 $453,512,000  $0  $(46,177,000

)

 $407,335,000 

Mortgage-backed securities

  40,676,000   56,000   (4,368,000

)

  36,364,000 

Municipal general obligation bonds

  145,002,000   190,000   (7,519,000

)

  137,673,000 

Municipal revenue bonds

  24,287,000   18,000   (2,539,000

)

  21,766,000 

Other investments

  500,000   0   0   500,000 
                 
  $663,977,000  $264,000  $(60,603,000

)

 $603,638,000 
                 

December 31, 2021

                

U.S. Government agency debt obligations

 $398,874,000  $266,000  $(8,769,000

)

 $390,371,000 

Mortgage-backed securities

  41,906,000   549,000   (652,000

)

  41,803,000 

Municipal general obligation bonds

  133,894,000   4,092,000   (392,000

)

  137,594,000 

Municipal revenue bonds

  22,289,000   331,000   (145,000

)

  22,475,000 

Other investments

  500,000   0   0   500,000 
                 
  $597,463,000  $5,238,000  $(9,958,000

)

 $592,743,000 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
  

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

Value

  

Unrealized

Loss

  

Fair

Value

  

Unrealized

Loss

  

Fair

Value

  

Unrealized

Loss

 

June 30, 2022

                        

U.S. Government agency debt obligations

 $176,893,000  $17,028,000  $230,442,000  $29,149,000  $407,335,000  $46,177,000 

Mortgage-backed securities

  23,935,000   2,259,000   11,372,000   2,109,000   35,307,000   4,368,000 

Municipal general obligation bonds

  90,305,000   5,551,000   16,284,000   1,968,000   106,589,000   7,519,000 

Municipal revenue bonds

  12,823,000   1,454,000   7,088,000   1,085,000   19,911,000   2,539,000 
                         
  $303,956,000  $26,292,000  $265,186,000  $34,311,000  $569,142,000  $60,603,000 
  

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

Value

  

Unrealized

Loss

  

Fair

Value

  

Unrealized

Loss

  

Fair

Value

  

Unrealized

Loss

 

December 31, 2021

                        

U.S. Government agency debt obligations

 $274,287,000  $5,274,000  $110,053,000  $3,495,000  $384,340,000  $8,769,000 

Mortgage-backed securities

  23,184,000   652,000   24,000   0   23,208,000   652,000 

Municipal general obligation bonds

  40,748,000   392,000   0   0   40,748,000   392,000 

Municipal revenue bonds

  12,843,000   137,000   414,000   8,000   13,257,000   145,000 
                         
  $351,062,000  $6,455,000  $110,491,000  $3,503,000  $461,553,000  $9,958,000 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Weighted

Average

Yield

  

Amortized

Cost

  

Fair

Value

 
             

Due in 2022

  1.35% $3,750,000  $3,738,000 

Due in 2023 through 2027

  1.14   266,931,000   250,890,000 

Due in 2028 through 2032

  1.84   311,780,000   277,595,000 

Due in 2033 and beyond

  2.33   40,340,000   34,551,000 

Mortgage-backed securities

  2.04   40,676,000   36,364,000 

Other investments

  3.88   500,000   500,000 
             

Total available for sale securities

  1.60% $663,977,000  $603,638,000