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Note 3 - Investments (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Investment [Table Text Block]
  

December 31, 2024

 
              

Estimated

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

     

SECURITIES AVAILABLE-FOR-SALE

 

Cost

  

Gains

  

Losses

  

Values

  

ACL

 

U.S. agency securities

 $20,247  $45  $(3,154) $17,138  $ 

Corporate securities

  16,000   8   (882)  15,126    

Municipal bonds

  82,774      (12,430)  70,344    

Mortgage-backed securities

  178,740   415   (11,969)  167,186    

Asset-backed securities

  12,511   3   (1,133)  11,381    

Total securities available-for-sale

  310,272   471   (29,568)  281,175    
                     

SECURITIES HELD-TO-MATURITY

                    

Corporate securities

  8,500      (356)  8,144   45 

Total securities held-to-maturity

  8,500      (356)  8,144   45 
                     

Total securities

 $318,772  $471  $(29,924) $289,319  $45 
  

December 31, 2023

 
              

Estimated

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

     

SECURITIES AVAILABLE-FOR-SALE

 

Cost

  

Gains

  

Losses

  

Values

  

ACL

 

U.S. agency securities

 $21,151  $46  $(3,179) $18,018  $ 

Corporate securities

  13,000   613   (741)  12,872    

Municipal bonds

  138,803   42   (19,398)  119,447    

Mortgage-backed securities

  112,855   238   (11,845)  101,248    

Asset-backed securities

  42,886      (1,538)  41,348    

Total securities available-for-sale

  328,695   939   (36,701)  292,933    
                     

SECURITIES HELD-TO-MATURITY

                    

Corporate securities

  8,500      (834)  7,666   45 

Total securities held-to-maturity

  8,500      (834)  7,666   45 
                     

Total securities

 $337,195  $939  $(37,535) $300,599  $45 
Debt Securities, Held-to-Maturity, Allowance for Credit Loss [Table Text Block]

SECURITIES HELD-TO-MATURITY

 

For the Year Ended December 31,

 

Corporate Securities

 

2024

  

2023

  

2022

 

Beginning ACL balance

 $45  $31  $ 

Impact of adopting ASU 2016-13

        72 

Provision for (recapture of) credit losses

     14   (41)

Total ending ACL balance

 $45  $45  $31 
Debt Securities, Held-to-Maturity, Credit Quality Indicator [Table Text Block]
  

December 31,

 

Corporate securities

 

2024

  

2023

 

BBB/BBB-

 $8,500  $7,000 

BB+

     1,500 

Total

 $8,500  $8,500 
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]
  

December 31, 2024

 

Purpose or beneficiary

 

Carrying Value

  

Amortized Cost

  

Fair Value

 

State and local government public deposits

 $34,384  $40,343  $34,384 
Gain (Loss) on Securities [Table Text Block]
  

December 31, 2024

 
  

Less than 12 Months

  

12 Months or Longer

  

Total

 

SECURITIES AVAILABLE-FOR-SALE

 

Fair Value

  

Unrealized Losses

  

Fair Value

  

Unrealized Losses

  

Fair Value

  

Unrealized Losses

 

U.S. agency securities

 $  $  $15,093  $(3,154) $15,093  $(3,154)

Corporate securities

  6,781   (219)  5,337   (663)  12,118   (882)

Municipal bonds

  1,677   (10)  68,667   (12,420)  70,344   (12,430)

Mortgage-backed securities

  31,093   (241)  63,934   (11,728)  95,027   (11,969)

Asset-backed securities

  3,638   (41)  7,190   (1,092)  10,828   (1,133)

Total securities available-for-sale

  43,189   (511)  160,221   (29,057)  203,410   (29,568)
                         

SECURITIES HELD-TO-MATURITY

                        

Corporate securities

        8,144   (356)  8,144   (356)

Total securities held-to-maturity

        8,144   (356)  8,144   (356)
                         

Total securities

 $43,189  $(511) $168,365  $(29,413) $211,554  $(29,924)
  

December 31, 2023

 
  

Less than 12 Months

  

12 Months or Longer

  

Total

 

SECURITIES AVAILABLE-FOR-SALE

 

Fair Value

  

Unrealized Losses

  

Fair Value

  

Unrealized Losses

  

Fair Value

  

Unrealized Losses

 

U.S. agency securities

 $  $  $15,972  $(3,179) $15,972  $(3,179)

Corporate securities

  959   (41)  4,300   (700)  5,259   (741)

Municipal bonds

  3,922   (23)  113,577   (19,375)  117,499   (19,398)

Mortgage-backed securities

  20,662   (113)  67,376   (11,732)  88,038   (11,845)

Asset-backed securities

  33,211   (460)  8,137   (1,078)  41,348   (1,538)

Total securities available-for-sale

  58,754   (637)  209,362   (36,064)  268,116   (36,701)
                         

SECURITIES HELD-TO-MATURITY

                        

Corporate securities

        7,666   (834)  7,666   (834)

Total securities held-to-maturity

        7,666   (834)  7,666   (834)
                         

Total securities

 $58,754  $(637) $217,028  $(36,898) $275,782  $(37,535)
Investments Classified by Contractual Maturity Date [Table Text Block]
  

December 31, 2024

  

December 31, 2023

 

SECURITIES AVAILABLE-FOR-SALE

 

Amortized

  

Fair

  

Amortized

  

Fair

 

U.S. agency securities

 

Cost

  

Value

  

Cost

  

Value

 

Due within one year

 $  $  $922  $914 

Due after one year through five years

  4,962   4,575   3,947   3,544 

Due after five years through ten years

  10,975   9,193   11,972   10,139 

Due after ten years

  4,310   3,370   4,310   3,421 

Subtotal

  20,247   17,138   21,151   18,018 

Corporate securities

                

Due within one year

        1,000   1,004 

Due after one year through five years

  11,000   10,766   6,000   6,609 

Due after five years through ten years

  3,000   2,918   4,000   3,839 

Due after ten years

  2,000   1,442   2,000   1,420 

Subtotal

  16,000   15,126   13,000   12,872 

Municipal bonds

                

Due within one year

        1,013   1,003 

Due after one year through five years

  2,186   2,168   757   751 

Due after five years through ten years

  4,158   3,728   7,603   7,101 

Due after ten years

  76,430   64,448   129,430   110,592 

Subtotal

  82,774   70,344   138,803   119,447 

Mortgage-backed securities

                

Federal National Mortgage Association (“FNMA”)

  90,771   80,677   76,369   66,275 

Federal Home Loan Mortgage Corporation (“FHLMC”)

  48,765   47,773   32,311   31,376 

Government National Mortgage Association (“GNMA”)

  39,204   38,736   4,175   3,597 

Subtotal

  178,740   167,186   112,855   101,248 

Asset-backed securities

                

Due within one year

  203   200   198   196 

Due after one year through five years

  1,073   1,037   1,860   1,824 

Due after five years through ten years

  2,867   2,648   21,420   20,929 

Due after ten years

  8,368   7,496   19,408   18,399 

Subtotal

  12,511   11,381   42,886   41,348 

Total securities available-for-sale

  310,272   281,175   328,695   292,933 
                 

SECURITIES HELD-TO-MATURITY

                

Corporate securities

                

Due after five years through ten years

  8,500   8,144   8,500   7,666 

Total securities held-to-maturity

  8,500   8,144   8,500   7,666 

Total securities

 $318,772  $289,319  $337,195  $300,599 
Schedule of Realized Gain (Loss) [Table Text Block]
  

For the Year Ended

 
  

December 31, 2024

 
      

Gross

  

Gross

 
  

Proceeds

  

Gains

  

(Losses)

 

Securities available-for-sale

 $101,907  $215  $(8,051)