XML 48 R29.htm IDEA: XBRL DOCUMENT v3.22.0.1
2. Investment Securities (Tables)
12 Months Ended
Dec. 31, 2021
2. Investment Securities  
Investment securities available for sale

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 December 31, 2020

 

 

 

 Amortized Cost

 

 

 Gross Unrealized Gains

 

 

 Gross Unrealized Losses

 

 

 Fair Value

 

Mortgage-backed securities

 

$143,095

 

 

 

2,812

 

 

 

593

 

 

 

145,314

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

7,384

 

 

 

331

 

 

 

208

 

 

 

7,507

 

State and political subdivisions

 

 

87,757

 

 

 

4,758

 

 

 

87

 

 

 

92,428

 

Total

 

$238,236

 

 

 

7,901

 

 

 

888

 

 

 

245,249

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

 Less than 12 Months

 

 

 12 Months or More

 

 

 Total

 

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

U.S. Treasuries

 

$7,889

 

 

 

75

 

 

 

-

 

 

 

-

 

 

 

7,889

 

 

 

75

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

5,232

 

 

 

15

 

 

 

3,263

 

 

 

170

 

 

 

8,495

 

 

 

185

 

Mortgage-backed securities

 

 

131,483

 

 

 

2,477

 

 

 

19,632

 

 

 

542

 

 

 

151,115

 

 

 

3,019

 

State and political subdivisions

 

 

80,076

 

 

 

1,981

 

 

 

5,922

 

 

 

276

 

 

 

85,998

 

 

 

2,257

 

Total

 

$224,680

 

 

 

4,548

 

 

 

28,817

 

 

 

988

 

 

 

253,497

 

 

 

5,536

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

 Less than 12 Months

 

 

 12 Months or More

 

 

 Total

 

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

 

 Fair Value

 

 

 Unrealized Losses

 

Mortgage-backed securities

 

$80,827

 

 

 

565

 

 

 

4,762

 

 

 

28

 

 

 

85,589

 

 

 

593

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

 

-

 

 

 

-

 

 

 

4,193

 

 

 

208

 

 

 

4,193

 

 

 

208

 

State and political subdivisions

 

 

7,126

 

 

 

87

 

 

 

-

 

 

 

-

 

 

 

7,126

 

 

 

87

 

Total

 

$87,953

 

 

 

652

 

 

 

8,955

 

 

 

236

 

 

 

96,908

 

 

 

888

 

Amortized cost and estimated fair value of investment securities available for sale by contractual maturity

December 31, 2021

 

 

 

 

 

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 Amortized Cost

 

 

 Fair Value

 

Due within one year

 

$8,051

 

 

 

8,081

 

Due from one to five years

 

 

11,759

 

 

 

12,274

 

Due from five to ten years

 

 

127,903

 

 

 

129,832

 

Due after ten years

 

 

40,307

 

 

 

39,210

 

Mortgage-backed securities

 

 

218,402

 

 

 

217,152

 

Total

 

$406,422

 

 

 

406,549

 

Fair value measurements of investment securities available for sale using Level 3 significant unobservable inputs

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

Fair Value Measurements

 

 

Level 1 Valuation

 

 

Level 2 Valuation

 

 

Level 3 Valuation

 

U. S Treasuries

 

$7,889

 

 

 

-

 

 

 

7,889

 

 

 

-

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

$14,267

 

 

 

-

 

 

 

14,267

 

 

 

-

 

Mortgage-backed securities

 

$217,152

 

 

 

-

 

 

 

217,152

 

 

 

-

 

State and political subdivisions

 

$167,241

 

 

 

-

 

 

 

167,241

 

 

 

-

 

(Dollars in thousands)

 

 

 

 

 

 

 

 

 

 

December 31, 2020

 

 

 

Fair Value Measurements

 

 

Level 1 Valuation

 

 

Level 2 Valuation

 

 

Level 3 Valuation

 

Mortgage-backed securities

 

$145,314

 

 

 

-

 

 

 

145,314

 

 

 

-

 

U.S. Government

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

sponsored enterprises

 

$7,507

 

 

 

-

 

 

 

7,507

 

 

 

-

 

State and political subdivisions

 

$92,428

 

 

 

-

 

 

 

92,428

 

 

 

-