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Note 3 - Investment Securities (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
                  

Allowance

 
                  

for

 
      

Gross

  

Gross

      

Investment

 
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

  

Credit

 
  

Cost

  

Gains

  

Losses

  

Value

  

Losses

 
  

(dollars in thousands)

 

March 31, 2023

                    

Investment securities available-for-sale:

                    

Federal agency obligations

 $53,301  $1  $(9,787) $43,515  $- 

Residential mortgage pass-through securities

  469,925   322   (50,580)  419,667   - 

Commercial mortgage pass-through securities

  25,424   -   (3,464)  21,960   - 

Obligations of U.S. states and political subdivisions

  155,101   255   (17,060)  138,296   - 

Corporate bonds and notes

  4,000   -   (23)  3,977   - 

Asset-backed securities

  1,505   -   (51)  1,454   - 

Other securities

  132   -   -   132   - 

Total securities available-for-sale

 $709,388  $578  $(80,965) $629,001  $- 
                     

December 31, 2022

                    

Investment securities available-for-sale:

                    

Federal agency obligations

 $54,889  $-  $(10,439) $44,450  $- 

Residential mortgage pass-through securities

  475,263   178   (57,863)  417,578   - 

Commercial mortgage pass-through securities

  25,485   -   (4,381)  21,104   - 

Obligations of U.S. states and political subdivisions

  157,247   111   (14,462)  142,896   - 

Corporate bonds and notes

  7,000   -   (26)  6,974   - 

Asset-backed securities

  1,673   -   (33)  1,640   - 

Other securities

  242   -   -   242   - 

Total securities available-for-sale

 $721,799  $289  $(87,204) $634,884  $- 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

March 31, 2023

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

        

Due in one year or less

 $2,453  $2,453 

Due after one year through five years

  4,079   4,057 

Due after five years through ten years

  2,626   2,620 

Due after ten years

  204,749   178,112 

Residential mortgage pass-through securities

  469,925   419,667 

Commercial mortgage pass-through securities

  25,424   21,960 

Other securities

  132   132 

Total securities available-for-sale

 $709,388  $629,001 
Schedule of Unrealized Loss on Investments [Table Text Block]
  

March 31, 2023

 
  

Total

  

Less than 12 Months

  

12 Months or Longer

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

                        

Federal agency obligations

 $43,301  $(9,787) $2,798  $(209) $40,503  $(9,578)

Residential mortgage pass-through securities

  404,073   (50,580)  153,706   (4,627)  250,367   (45,953)

Commercial mortgage pass-through securities

  21,960   (3,464)  6,540   (460)  15,420   (3,004)

Obligations of U.S. states and political subdivisions

  118,428   (17,060)  26,397   (1,194)  92,031   (15,866)

Corporate bonds and notes

  1,977   (23)  1,977   (23)  -   - 

Asset-backed securities

  1,454   (51)  390   (21)  1,064   (30)

Total temporarily impaired securities

 $591,193  $(80,965) $191,808  $(6,534) $399,385  $(74,431)
  

December 31, 2022

 
  

Total

  

Less than 12 Months

  

12 Months or Longer

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

                        

Federal agency obligations

 $44,451  $(10,439) $20,517  $(1,831) $23,934  $(8,608)

Residential mortgage pass-through securities

  403,039   (57,863)  218,918   (13,869)  184,121   (43,994)

Commercial mortgage pass-through securities

  21,105   (4,381)  14,523   (2,304)  6,582   (2,077)

Obligations of U.S. states and political subdivisions

  133,265   (14,462)  47,446   (3,404)  85,819   (11,058)

Corporate bonds and notes

  4,973   (26)  4,973   (26)  -   - 

Asset-backed securities

  1,640   (33)  1,048   (16)  592   (17)

Total temporarily impaired securities

 $608,473  $(87,204) $307,425  $(21,450) $301,048  $(65,754)