INVESTMENT SECURITIES (Tables)

9 Months Ended

Sep. 30, 2021

INVESTMENT SECURITIES

Investment Securities

	September 30, 2021
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities	$	157,316	$	12,402	$	898	$	168,820
Agency collateralized mortgage obligations		203,680		3,688		1,637		205,731
States and political subdivisions		38,571		1,582		116		40,037
Small Business Administration securities		17,781		569		—		18,350
	$	417,348	$	18,241	$	2,651	$	432,938

	December 31, 2020
			Gross		Gross
	Amortized		Unrealized		Unrealized		Fair
	Cost		Gains		Losses		Value
	(In Thousands)
AVAILABLE-FOR-SALE SECURITIES:
Agency mortgage-backed securities	$	151,106	$	19,665	$	831	$	169,940
Agency collateralized mortgage obligations		168,472		8,524		375		176,621
States and political subdivisions		45,196		2,135		6		47,325
Small Business Administration securities		20,033		1,014		—		21,047
	$	384,807	$	31,338	$	1,212	$	414,933

Investments Classified by Contractual Maturity Date

	Amortized		Fair
	Cost		Value
	(In Thousands)
One year or less	$	—	$	—
After one through five years		1,002		1,045
After five through ten years		9,202		9,882
After ten years		28,367		29,110
Securities not due on a single maturity date		378,777		392,901
	$	417,348	$	432,938

Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value

	September 30, 2021
	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
	(In Thousands)
Agency mortgage-backed securities	$	10,084	$	(898)	$	—	$	—	$	10,084	$	(898)
Agency collateralized mortgage obligations		67,941		(963)		12,418		(674)		80,359		(1,637)
States and political subdivisions securities		8,578		(116)		—		—		8,578		(116)
	$	86,603	$	(1,977)	$	12,418	$	(674)	$	99,021	$	(2,651)

	December 31, 2020
	Less than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses
	(In Thousands)
Agency mortgage-backed securities	$	10,279	$	(831)	$	—	$	—	$	10,279	$	(831)
Agency collateralized mortgage obligations		12,727		(375)		—		—		12,727		(375)
Small Business Administration securities		—		—		—		—		—		—
States and political subdivisions securities		1,164		(6)		—		—		1,164		(6)
	$	24,170	$	(1,212)	$	—	$	—	$	24,170	$	(1,212)