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Securities (Tables)
12 Months Ended
Dec. 31, 2022
Securities [Abstract]  
Schedule Of Amortized Cost And Approximate Fair Value Of Securities

2022

(in thousands)

Amortized

Unrealized

Fair

Cost

Gains

Losses

Value

Available for Sale:

Debt securities:

U.S. treasuries and government agencies

$

165,495

$

1

$

(24,814)

$

140,682

States and political subdivisions

23,480

4

(1,662)

21,822

Total debt securities

$

188,975

$

5

$

(26,476)

$

162,504

Mortgage-backed securities:

FNMA

$

75,921

$

-

$

(12,819)

$

63,102

FHLMC

46,922

-

(6,695)

40,227

GNMA

40,039

-

(6,580)

33,459

SBA

22,556

-

(2,419)

20,137

CMO

53,803

-

(8,906)

44,897

Total mortgage-backed securities

$

239,241

$

-

$

(37,419)

$

201,822

Total securities designated as available for sale

$

428,216

$

5

$

(63,895)

$

364,326

Held to Maturity:

Debt securities

States and political subdivisions

$

6,949

$

-

$

(140)

$

6,809

Total securities designated as held to maturity

$

6,949

$

-

$

(140)

$

6,809


2021

(in thousands)

Amortized

Unrealized

Fair

Cost

Gains

Losses

Value

Available for Sale:

Debt securities:

U.S. government agencies

$

99,005

$

199

$

(2,386)

$

96,818

States and political subdivisions

6,150

96

-

6,246

Total debt securities

$

105,155

$

295

$

(2,386)

$

103,064

Mortgage-backed securities:

FNMA

$

64,056

$

222

$

(1,068)

$

63,210

FHLMC

38,796

62

(424)

38,434

GNMA

31,814

15

(615)

31,214

SBA

17,919

343

(54)

18,208

CMO

52,488

175

(834)

51,829

Total mortgage-backed securities

$

205,073

$

817

$

(2,995)

$

202,895

Total securities designated as available for sale

$

310,228

$

1,112

$

(5,381)

$

305,959

Held to Maturity:

Debt securities

States and political subdivisions

$

3,165

$

17

$

(3)

$

3,179

Total securities designated as held to maturity

$

3,165

$

17

$

(3)

$

3,179

Scheduled Maturities Of Debt And Mortgage-Backed Securities

December 31, 2022

Amortized

Estimated

cost

fair value

(in thousands)

Debt securities available for sale:

Due in one year or less

$

6,849

$

6,780

Due after one year through five years

87,550

80,768

Due after five years through ten years

65,586

54,906

Due after ten years

28,990

20,050

188,975

162,504

Mortgage-backed securities

available for sale

239,241

201,822

Total

$

428,216

$

364,326

Debt securities held to maturity:

Due in one year or less

$

6,096

$

6,061

Due after one year through five years

441

407

Due after five years through ten years

412

341

Due after ten years

-

-

Total

$

6,949

$

6,809

Unrealized Losses On Securities

2022

Less than 12 months

12 months or longer

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

Value

Losses

Value

Losses

Value

Losses

(in thousands)

Available for Sale:

Debt securities:

U.S. government agencies

$

68,292

$

(5,929)

$

71,389

$

(18,885)

$

139,681

$

(24,814)

States and political subdivisions

19,540

(1,645)

418

(17)

19,958

(1,662)

Total debt securities

$

87,832

$

(7,574)

$

71,807

$

(18,902)

$

159,639

$

(26,476)

Mortgage-backed securities:

FNMA

$

23,242

$

(3,081)

$

39,860

$

(9,738)

$

63,102

$

(12,819)

FHLMC

11,927

(790)

28,300

(5,905)

40,227

(6,695)

GNMA

10,763

(1,298)

22,696

(5,282)

33,459

(6,580)

SBA

16,996

(1,971)

3,141

(448)

20,137

(2,419)

CMO

11,288

(673)

33,609

(8,233)

44,897

(8,906)

Total mortgage-backed securities

$

74,216

$

(7,813)

$

127,606

$

(29,606)

$

201,822

$

(37,419)

Held to Maturity:

Debt securities:

States and political subdivisions

$

6,627

$

(118)

$

182

$

(22)

$

6,809

$

(140)

Total temporarily impaired

securities

$

168,675

$

(15,505)

$

199,595

$

(48,530)

$

368,270

$

(64,035)

2021

Less than 12 months

12 months or longer

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

Value

Losses

Value

Losses

Value

Losses

(in thousands)

Available for Sale:

Debt securities:

U.S. government agencies

$

50,381

$

(884)

$

27,488

$

(1,502)

$

77,869

$

(2,386)

States and political subdivisions

-

-

-

-

-

-

Total debt securities

$

50,381

$

(884)

$

27,488

$

(1,502)

$

77,869

$

(2,386)

Mortgage-backed securities:

FNMA

$

48,008

$

(903)

$

2,941

$

(165)

$

50,949

$

(1,068)

FHLMC

35,851

(423)

76

(1)

35,927

(424)

GNMA

30,252

(615)

143

-

30,395

(615)

SBA

2,824

(25)

1,218

(29)

4,042

(54)

CMO

38,313

(833)

25

(1)

38,338

(834)

Total mortgage-backed securities

$

155,248

$

(2,799)

$

4,403

$

(196)

$

159,651

$

(2,995)

Held to Maturity:

Debt securities:

States and political subdivisions

$

1,782

$

(3)

$

-

$

-

$

1,782

$

(3)

Total temporarily impaired

securities

$

207,411

$

(3,686)

$

31,891

$

(1,698)

$

239,302

$

(5,384)