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Note 3 - Investment Securities (Tables)
3 Months Ended
Mar. 31, 2024
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, 2024

                    

Investment securities available-for-sale:

                    

Federal agency obligations

 $76,953  $190  $(11,411) $65,732  $- 

Residential mortgage pass-through securities

  454,980   289   (58,848)  396,421   - 

Commercial mortgage pass-through securities

  25,178   -   (3,740)  21,438   - 

Obligations of U.S. states and political subdivisions

  147,553   166   (18,163)  129,556   - 

Corporate bonds and notes

  5,000   -   (29)  4,971   - 

Asset-backed securities

  1,167   -   (15)  1,152   - 

Other securities

  127   -   -   127   - 

Total investment securities available-for-sale

 $710,958  $645  $(92,206) $619,397  $- 
                     

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  $- 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

March 31, 2024

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(dollars in thousands)

 

Investment securities available-for-sale:

        

Due in one year or less

 $2,284  $2,269 

Due after one year through five years

  6,362   6,338 

Due after five years through ten years

  2,283   2,241 

Due after ten years

  219,744   190,563 

Residential mortgage pass-through securities

  454,980   396,421 

Commercial mortgage pass-through securities

  25,178   21,438 

Other securities

  127   127 

Total investment securities available-for-sale

 $710,958  $619,397 
Unrealized Gain (Loss) on Investments [Table Text Block]
  

March 31, 2024

 
  

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

 $49,276  $(11,411) $11,597  $(93) $37,679  $(11,318)

Residential mortgage pass-through securities

  368,077   (58,848)  3,345   (77)  364,732   (58,771)

Commercial mortgage pass-through securities

  21,437   (3,740)  -   -   21,437   (3,740)

Obligations of U.S. states and political subdivisions

  118,304   (18,163)  19,806   (389)  98,498   (17,774)

Corporate bonds and notes

  4,972   (29)  2,987   (14)  1,985   (15)

Asset-backed securities

  1,153   (15)  -   -   1,153   (15)

Total temporarily impaired securities

 $563,219  $(92,206) $37,735  $(573) $525,484  $(91,633)
  

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 obligations

 $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)