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Note 3 - Investment Securities Available for Sale (Tables)
9 Months Ended
Sep. 30, 2024
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

Available-for-Sale

 

September 30, 2024

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

Debt securities:

                

U.S. Treasury securities

 $3,998  $-  $(7) $3,991 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  243,643   2,287   (10,244)  235,686 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  134,642   1,609   (8,867)  127,384 

Obligations of states and political subdivisions

  95,330   1,137   (6,808)  89,659 
  $477,613  $5,033  $(25,926) $456,720 

Available-for-Sale

 

December 31, 2023

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

Debt securities:

                

U.S. Treasury securities

 $6,978  $-  $(98) $6,880 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  256,694   351   (21,114)  235,931 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  129,321   465   (13,834)  115,952 

Obligations of states and political subdivisions

  142,276   1,067   (12,925)  130,418 
  $535,269  $1,883  $(47,971) $489,181 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]

September 30, 2024

 

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 

Debt securities:

                        

U.S. Treasury securities

 $-  $-  $3,991  $7  $3,991  $7 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  4,357   2   101,187   10,242   105,544   10,244 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  9,310   106   60,454   8,761   69,764   8,867 

Obligations of states and political subdivisions

  1,941   11   50,544   6,797   52,485   6,808 
  $15,608  $119  $216,176  $25,807  $231,784  $25,926 

December 31, 2023

 

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 

Debt securities:

                        

U.S. Treasury securities

 $-  $-  $6,880  $98  $6,880  $98 

U.S. Government-sponsored agencies collateralized by mortgage obligations - residential

  43,924   279   160,383   20,835   204,307   21,114 

U.S. Government-agencies collateralized by mortgage obligations - commercial

  16,533   295   71,782   13,539   88,315   13,834 

Obligations of states and political subdivisions

  9,306   151   82,764   12,774   92,070   12,925 
  $69,763  $725  $321,809  $47,246  $391,572  $47,971 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Amortized Cost

  

Estimated Fair Value

 

Within one year

 $4,818  $4,809 

After one year through five years

  5,793   5,824 

After five years through ten years

  17,544   17,765 

After ten years

  71,173   65,252 

Investment securities not due at a single maturity date:

        

Government- agencies commercial mortgage-backed securities

  134,642   127,384 

Government-sponsored agencies residential mortgage-backed securities

  243,643   235,686 
  $477,613  $456,720