XML 49 R34.htm IDEA: XBRL DOCUMENT v3.24.0.1
Note 3 - Investment Securities (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 
  

(dollars in thousands)

 

December 31, 2023

                

Investment securities available-for-sale

                

Federal agency obligations

 $55,898  $189  $(10,761) $45,326 

Residential mortgage pass-through securities

  462,004   620   (51,433)  411,191 

Commercial mortgage pass-through securities

  25,240   -   (3,676)  21,564 

Obligations of U.S. states and political subdivisions​​

  148,795   415   (16,505)  132,705 

Corporate bonds and notes

  5,000   -   (27)  4,973 

Asset-backed securities

  1,260   -   (22)  1,238 

Other securities

  165   -   -   165 

Total investment securities available-for-sale

 $698,362  $1,224  $(82,424) $617,162 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 
  

(dollars in thousands)

 

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 investment securities available-for-sale

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

December 31, 2023

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

        

Due in one year or less

 $2,000  $1,980 

Due after one year through five years

  6,389   6,379 

Due after five years through ten years

  1,851   1,857 

Due after ten years

  200,713   174,026 

Residential mortgage pass-through securities

  462,004   411,191 

Commercial mortgage pass-through securities

  25,240   21,564 

Other securities

  165   165 

Total investment securities available-for-sale

 $698,362  $617,162 
Schedule of Realized Gain (Loss) [Table Text Block]
  

Years Ended December 31,

 
  

2023

  

2022

  

2021

 
  

(dollars in thousands)

 

Proceeds

 $-  $-  $5,185 

Gross gains on sale/redemption of investment securities

 $-  $-  $195 

Gross losses on sale/redemption of investment securities

  -   -   - 

Net gains on sales/redemptions of investment securities​​

  -   -   195 

Tax provision on net gains

  -   -   (48)

Net gains on sale/redemption of investment securities, after tax​​

 $-  $-  $147 
Unrealized Gain (Loss) on Investments [Table Text Block]
  

December 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 obligation

 $40,779  $(10,761) $1,689  $(65) $39,090  $(10,696)

Residential mortgage pass-through securities

  382,042   (51,433)  4,138   (51)  377,904   (51,382)

Commercial mortgage pass-through securities

  21,565   (3,676)  -   -   21,565   (3,676)

Obligations of U.S. states and political subdivisions

  101,189   (16,505)  1,340   (7)  99,849   (16,498)

Corporate bonds and notes

  4,973   (27)  2,993   (7)  1,980   (20)

Asset-backed securities

  1,238   (22)  -   -   1,238   (22)

Total temporarily impaired securities

 $551,786  $(82,424) $10,160  $(130) $541,626  $(82,294)
  

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 obligation

 $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)