XML 34 R24.htm IDEA: XBRL DOCUMENT v3.21.2
Investment Securities (Tables)
 9 Months Ended
Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]  
Schedule of Investment Securities The amortized cost and estimated fair value of securities available for sale along with gross unrealized gains and losses are summarized as follows:
(dollars in thousands)
September 30, 2021Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Fair Value
Securities Available for Sale:
U.S. treasury securities$43,034 $— $(652)$42,382 
U.S. agency18,172 82 (165)18,089 
State, county & municipal securities199,074 486 (3,520)196,040 
Corporate debt securities39,448 120 (163)39,405 
Mortgage-backed securities525,507 3,952 (4,750)524,709 
$825,235 $4,640 $(9,250)$820,625 
December 31, 2020
Securities Available for Sale:
U.S. treasury securities$245 $— $— $245 
U.S. agency1,000 4 — 1,004 
State, county & municipal securities61,298 1,155 (65)62,388 
Corporate debt securities4,250 1 (1)4,250 
Mortgage-backed securities305,438 7,837 (348)312,927 
$372,231 $8,997 $(414)$380,814 
Schedule of Amortized Cost and Fair Value of Investment Securities by Contractual Maturity This is often the case with mortgage-backed securities, which are disclosed separately in the table below.
Securities Available for Sale
(dollars in thousands)Amortized CostFair Value
Due in one year or less$453 $453 
Due after one year through five years13,395 13,457 
Due after five years through ten years109,852 108,879 
Due after ten years176,028 173,127 
$299,728 $295,916 
Mortgage-backed securities525,507 524,709 
$825,235 $820,625 
Schedule of Continuous Unrealized Loss Position Information pertaining to securities with gross unrealized losses at September 30, 2021 and December 31, 2020 aggregated by investment category and length of time that individual securities have been in a continuous loss position, follows:
Less Than 12 Months12 Months or GreaterTotal
(dollars in thousands)Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses		Fair
Value		Gross
Unrealized
Losses
September 30, 2021
U.S. Treasury$42,382 $(652)$—$— $42,382 $(652)
U.S. agency8,473 (165)— — 8,473 (165)
State, county & municipal securities158,260 (3,446)2,476 (74)160,736 (3,520)
Corporate debt securities18,711 (163)— — 18,711 (163)
Mortgage-backed securities299,693 (4,520)13,837 (230)313,530 (4,750)
$527,519 $(8,946)$16,313 $(304)$543,832 $(9,250)
December 31, 2020
State, county & municipal securities$8,282 $(65)$— $— $8,282 $(65)
Corporate debt securities999 (1)— — 999 (1)
Mortgage-backed securities28,835 (77)3,949 (271)32,784 (348)
$38,116 $(143)$3,949 $(271)$42,065 $(414)