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Investment Securities (Tables)
6 Months Ended
Jun. 30, 2022
Investment Securities (Tables)  
Schedule Of Amortized Cost And Fair Value For Securities

 

 

 

 

 

Gross

 

 

Gross

 

 

 

 

 

 

Amortized

 

 

Unrealized

 

 

Unrealized

 

 

Fair

 

 

 

Cost

 

 

Gains

 

 

Losses

 

 

Value

 

June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

U. S. Treasuries

 

$125

 

 

$-

 

 

$-

 

 

$125

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U. S. Treasuries

 

$125

 

 

$-

 

 

$-

 

 

$125

 

Schedule Of Amortized Cost And Fair Value Of Securities Current

 

 

Amortized

Cost

 

 

Gross

Unrealized

Gains

 

 

Gross

Unrealized

Losses

 

 

Fair Value

 

June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government treasuries

 

$49,778

 

 

$-

 

 

$3,041

 

 

$46,737

 

U.S. Government sponsored enterprises

 

 

168,464

 

 

 

-

 

 

 

12,315

 

 

 

156,149

 

Securities issued by States and political subdivisions in the U.S.

 

 

47,416

 

 

 

-

 

 

 

3,730

 

 

 

43,686

 

Mortgage-backed obligations of federal agencies

 

 

192,525

 

 

 

106

 

 

 

21,601

 

 

 

171,030

 

Corporate debt security

 

 

30,550

 

 

 

640

 

 

 

1,969

 

 

 

29,221

 

Total Securities Available for Sale

 

$488,733

 

 

$746

 

 

$42,656

 

 

$446,823

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government treasuries

 

$29,847

 

 

$-

 

 

$365

 

 

$29,482

 

U.S. Government sponsored enterprises

 

 

134,466

 

 

 

-

 

 

 

752

 

 

 

133,714

 

Securities issued by States and political subdivisions of the U.S.

 

 

34,078

 

 

 

406

 

 

 

147

 

 

 

34,337

 

Mortgage-backed obligations of federal agencies

 

 

185,216

 

 

 

522

 

 

 

2,091

 

 

 

183,647

 

Corporate debt securities

 

 

22,555

 

 

 

372

 

 

 

225

 

 

 

22,702

 

Total Securities Available for Sale

 

$406,162

 

 

$1,300

 

 

$3,580

 

 

$403,882

 

Schedule Amortized Cost And Fair Value Of Securities, Maturity

 

 

Securities Held to Maturity

 

 

Securities Available for Sale

 

 

 

Amortized

 

 

Fair

 

 

Amortized

 

 

Fair

 

 

 

Cost

 

 

Value

 

 

Cost

 

 

Value

 

Due in one year or less

 

$125

 

 

$125

 

 

$4,833

 

 

$4,789

 

Due after one year through five years

 

 

-

 

 

 

-

 

 

 

210,477

 

 

 

198,311

 

Due after five years

 

 

-

 

 

 

-

 

 

 

107,718

 

 

 

97,741

 

Due after ten years

 

 

-

 

 

 

-

 

 

 

165,705

 

 

 

145,982

 

Total

 

$125

 

 

$125

 

 

$488,733

 

 

$446,823

 

Schedule Of Unrealized Losses

 

 

Less than 12 Months

 

 

More than 12 Months

 

 

Total

 

 

 

Fair

Value

 

 

Unrealized Losses

 

 

Fair

Value

 

 

Unrealized Losses

 

 

Fair

Value

 

 

Unrealized Losses

 

June 30, 2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government treasuries

 

$38,025

 

 

$1,843

 

 

$8,711

 

 

$1,198

 

 

$46,736

 

 

$3,041

 

U.S. Government sponsored enterprises

 

 

134,269

 

 

 

9,201

 

 

 

21,880

 

 

 

3,114

 

 

 

156,149

 

 

 

12,315

 

Securities issued by States and political subdivisions in the U.S.

 

 

43,686

 

 

 

3,730

 

 

 

-

 

 

 

-

 

 

 

43,686

 

 

 

3,730

 

Mortgage-backed obligations of federal agencies

 

 

131,930

 

 

 

17,112

 

 

 

34,388

 

 

 

4,489

 

 

 

166,318

 

 

 

21,601

 

Corporate debt security

 

 

19,749

 

 

 

1,851

 

 

 

1,132

 

 

 

118

 

 

 

20,881

 

 

 

1,969

 

Total

 

$367,659

 

 

$33,737

 

 

$66,111

 

 

$8,919

 

 

$433,770

 

 

$42,656

 

 

 

 

Less than 12 Months

 

 

More than 12 Months

 

 

Total

 

 

 

Fair

Value

 

 

Unrealized Losses

 

 

Fair

Value

 

 

Unrealized Losses

 

 

Fair

Value

 

 

Unrealized Losses

 

December 31, 2021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Government treasuries

 

$29,481

 

 

$365

 

 

$-

 

 

$-

 

 

$29,481

 

 

$365

 

U.S. Government sponsored enterprises

 

 

93,714

 

 

 

752

 

 

 

-

 

 

 

-

 

 

 

93,714

 

 

 

752

 

Securities issued by State and political subdivisions in the U.S.

 

 

13,308

 

 

 

147

 

 

 

-

 

 

 

-

 

 

 

13,308

 

 

 

147

 

Mortgage-backed obligations of federal agencies

 

 

126,501

 

 

 

1,871

 

 

 

10,074

 

 

 

220

 

 

 

136,575

 

 

 

2,091

 

Corporate debt security

 

 

8,825

 

 

 

225

 

 

 

-

 

 

 

-

 

 

 

8,825

 

 

 

225

 

Total

 

$271,829

 

 

$3,360

 

 

$10,074

 

 

$220

 

 

$281,903

 

 

$3,850

 

Schedule of Realized gains and losses

 

 

Three Months

Ended June 30,

2022

 

 

Six Month

Ended June 30,

2022

 

Realized gains (losses):

 

 

 

 

 

 

Gross realized gains

 

$-

 

 

$-

 

Gross realized losses

 

 

(97)

 

 

-

 

Net realized (losses)

 

$(97)

 

$-

 

Proceeds from sales of securities

 

$8,699

 

 

$-

 

 

 

Three Months

Ended June 30,

2021

 

 

Six Months

Ended June 30,

2021

 

Realized gains (losses):

 

 

 

 

 

 

Gross realized gains

 

$-

 

 

$-

 

Gross realized (losses)

 

 

-

 

 

 

-

 

Net realized (losses)

 

$-

 

 

$-

 

Proceeds from sales of securities

 

$-

 

 

$-