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Note 3 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 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)

 

June 30, 2023

                    

Investment securities available-for-sale:

                    

Federal agency obligations

 $54,102  $-  $(10,949) $43,153  $- 

Residential mortgage pass-through securities

  465,856   80   (56,810)  409,126   - 

Commercial mortgage pass-through securities

  25,364   -   (4,154)  21,210   - 

Obligations of U.S. states and political subdivisions

  152,614   109   (18,884)  133,839   - 

Corporate bonds and notes

  4,000   -   (41)  3,959   - 

Asset-backed securities

  1,422   -   (41)  1,381   - 

Other securities

  151   -   -   151   - 

Total securities available-for-sale

 $703,509  $189  $(90,879) $612,819  $- 
                     

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]
  

June 30, 2023

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

        

Due in one year or less

 $2,000  $2,000 

Due after one year through five years

  4,388   4,339 

Due after five years through ten years

  2,574   2,558 

Due after ten years

  203,176   173,435 

Residential mortgage pass-through securities

  465,856   409,126 

Commercial mortgage pass-through securities

  25,364   21,210 

Other securities

  151   151 

Total securities available-for-sale

 $703,509  $612,819 
Schedule of Unrealized Loss on Investments [Table Text Block]
  

June 30, 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

 $43,154  $(10,949) $4,565  $(347) $38,589  $(10,602)

Residential mortgage pass-through securities

  395,195   (56,810)  130,196   (5,818)  264,999   (50,992)

Commercial mortgage pass-through securities

  21,210   (4,154)  -   -   21,210   (4,154)

Obligations of U.S. states and political subdivisions

  116,310   (18,884)  22,408   (1,320)  93,902   (17,564)

Corporate bonds and notes

  1,959   (41)  1,959   (41)  -   - 

Asset-backed securities

  1,381   (41)  381   (17)  1,000   (24)

Total temporarily impaired securities

 $579,209  $(90,879) $159,509  $(7,543) $419,700  $(83,336)
  

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)