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Securities (Tables)
9 Months Ended
Sep. 30, 2023
Investments debt and equity securities [Abstract]  
Available-for-sale Securities [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1 year
1 to 5
5 to 10
After 10
Fair
Gross Unrealized
 
Amortized
(Dollars in thousands)
or less
years
years
years
Value
Gains
Losses
Cost
September 30, 2023
Agency obligations (a)
$
15,063
49,036
58,651
122,750
17,152
$
139,902
Agency MBS (a)
10,095
26,845
155,517
192,457
39,581
232,038
State and political subdivisions
300
981
15,488
41,310
58,079
8,717
66,796
Total available-for-sale
$
15,363
60,112
100,984
196,827
373,286
65,450
$
438,736
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2022
Agency obligations (a)
$
4,935
50,746
69,936
125,617
15,826
$
141,443
Agency MBS (a)
7,130
27,153
183,877
218,160
33,146
251,306
State and political subdivisions
300
642
15,130
45,455
61,527
11
5,681
67,197
Total available-for-sale
$
5,235
58,518
112,219
229,332
405,304
11
54,653
$
459,946
(a) Includes securities issued by U.S. government agencies or government-sponsored
 
entities.
Available-for-sale Securities, Continuous Unrealized Loss Position [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
Less than 12 Months
12 Months or Longer
Total
Fair
Unrealized
Fair
Unrealized
Fair
Unrealized
(Dollars in thousands)
Value
Losses
Value
Losses
Value
Losses
September 30, 2023:
Agency obligations
 
$
122,750
17,152
$
122,750
17,152
Agency MBS
84
3
192,373
39,578
192,457
39,581
State and political subdivisions
12,726
755
44,313
7,962
57,039
8,717
Total
 
$
12,810
758
359,436
64,692
$
372,246
65,450
 
 
 
 
 
December 31, 2022:
Agency obligations
 
$
55,931
4,161
69,686
11,665
$
125,617
15,826
Agency MBS
70,293
5,842
147,867
27,304
218,160
33,146
State and political subdivisions
44,777
2,176
13,043
3,505
57,820
5,681
Total
 
$
171,001
12,179
230,596
42,474
$
401,597
54,653
Schedule of Realized Gain (Loss) [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
Realized Gains and Losses
The following table presents the gross realized gains and losses on sales of securities.
Quarter ended September 30,
Nine months ended September 30,
 
(Dollars in thousands)
2023
2022
2023
2022
Gross realized gains
$
44
$
44
Realized gains, net
$
44
$
44