Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block] |
The following table summarizes the Company’s portfolio of securities held-to-maturity at June 30, 2021: | | | | | | | | | | | | | | | | | | | | | Gross | | Gross | | | Amortized | | | | | Unrecognized | | Unrecognized | | | Cost | | Fair Value | | Gains | | Losses | | | | (In thousands) | Securities held-to-maturity: | | | | | | | | | | | | | Municipals | | $ | 50,830 | | $ | 53,598 | | $ | 2,768 | | $ | — | Total other securities | | | 50,830 | | | 53,598 | | | 2,768 | | | — | | | | | | | | | | | | | | FNMA | | | 7,904 | | | 8,848 | | | 944 | | | — | Total mortgage-backed securities | | | 7,904 | | | 8,848 | | | 944 | | | — | | | | | | | | | | | | | | Allowance for Credit Losses | | | (844) | | | — | | | — | | | — | Total | | $ | 57,890 | | $ | 62,446 | | $ | 3,712 | | $ | — |
The following table summarizes the Company’s portfolio of securities held-to-maturity at December 31, 2020: | | | | | | | | | | | | | | | | | | | | | Gross | | Gross | | | Amortized | | | | | Unrecognized | | Unrecognized | | | Cost | | Fair Value | | Gains | | Losses | | | | (In thousands) | Securities held-to-maturity: | | | | | | | | | | | | | Municipals | | $ | 50,825 | | $ | 54,538 | | $ | 3,713 | | $ | — | Total other securities | | | 50,825 | | | 54,538 | | | 3,713 | | | — | | | | | | | | | | | | | | FNMA | | | 7,914 | | | 8,991 | | | 1,077 | | | — | Total mortgage-backed securities | | | 7,914 | | | 8,991 | | | 1,077 | | | — | | | | | | | | | | | | | | Allowance for Credit Losses | | | (907) | | | — | | | — | | | — | Total | | $ | 57,832 | | $ | 63,529 | | $ | 4,790 | | $ | — |
The following table summarizes the Company’s portfolio of securities available for sale at June 30, 2021: | | | | | | | | | | | | | | | | | | | | | Gross | | Gross | | | Amortized | | | | | Unrealized | | Unrealized | | | Cost | | Fair Value | | Gains | | Losses | | | | (In thousands) | Securities available for sale: | | | | | | | | | | | | | U.S Government Agencies | | $ | 6,206 | | $ | 6,218 | | $ | 15 | | $ | 3 | Corporate | | | 117,420 | | | 117,602 | | | 461 | | | 279 | Mutual funds | | | 12,585 | | | 12,585 | | | — | | | — | Collateralized loan obligations | | | 87,148 | | | 86,884 | | | 18 | | | 282 | Other | | | 1,495 | | | 1,495 | | | — | | | — | Total other securities | | | 224,854 | | | 224,784 | | | 494 | | | 564 | REMIC and CMO | | | 222,748 | | | 224,065 | | | 3,042 | | | 1,725 | GNMA | | | 12,033 | | | 11,802 | | | 39 | | | 270 | FNMA | | | 205,159 | | | 205,782 | | | 1,783 | | | 1,160 | FHLMC | | | 155,944 | | | 155,012 | | | 589 | | | 1,521 | Total mortgage-backed securities | | | 595,884 | | | 596,661 | | | 5,453 | | | 4,676 | Total securities available for sale | | $ | 820,738 | | $ | 821,445 | | $ | 5,947 | | $ | 5,240 |
The following table summarizes the Company’s portfolio of securities available for sale at December 31, 2020: | | | | | | | | | | | | | | | | | | | | | Gross | | Gross | | | Amortized | | | | | Unrealized | | Unrealized | | | Cost | | Fair Value | | Gains | | Losses | | | | (In thousands) | Securities available for sale: | | | | | | | | | | | | | U.S Government Agencies | | $ | 6,452 | | $ | 6,453 | | $ | 2 | | $ | 1 | Corporate | | | 130,000 | | | 123,865 | | | 131 | | | 6,266 | Mutual funds | | | 12,703 | | | 12,703 | | | — | | | — | Collateralized loan obligations | | | 100,561 | | | 99,198 | | | — | | | 1,363 | Other | | | 1,295 | | | 1,295 | | | — | | | — | Total other securities | | | 251,011 | | | 243,514 | | | 133 | | | 7,630 | REMIC and CMO | | | 175,142 | | | 180,877 | | | 5,735 | | | — | GNMA | | | 13,009 | | | 13,053 | | | 66 | | | 22 | FNMA | | | 143,154 | | | 146,169 | | | 3,046 | | | 31 | FHLMC | | | 63,796 | | | 64,361 | | | 648 | | | 83 | Total mortgage-backed securities | | | 395,101 | | | 404,460 | | | 9,495 | | | 136 | Total securities available for sale | | $ | 646,112 | | $ | 647,974 | | $ | 9,628 | | $ | 7,766 |
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Investments Classified by Contractual Maturity Date [Table Text Block] |
| | | | | | | | | Amortized | | | | Securities held-to-maturity: | | Cost | | Fair Value | | | | (In thousands) | Due after ten years | | $ | 50,830 | | $ | 53,598 | Total other securities | | | 50,830 | | | 53,598 | Mortgage-backed securities | | | 7,904 | | | 8,848 | Total held-to-maturity securities | | | 58,734 | | | 62,446 | Allowance for Credit Losses | | | (844) | | | — | Total held-to-maturity securities, net of allowance for credit losses | | $ | 57,890 | | $ | 62,446 |
| | | | | | | | | Amortized | | | | Securities available for sale: | | Cost | | Fair Value | | | | (In thousands) | Due after one year through five years | | $ | 30,000 | | $ | 30,242 | Due after five years through ten years | | | 159,551 | | | 159,243 | Due after ten years | | | 22,718 | | | 22,714 | Total | | | 212,269 | | | 212,199 | Mutual funds | | | 12,585 | | | 12,585 | Total other securities | | | 224,854 | | | 224,784 | Mortgage-backed securities | | | 595,884 | | | 596,661 | Total available for sale securities | | $ | 820,738 | | $ | 821,445 |
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Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block] |
| | | | | | | | | | | | | | | | | | | | | | | At June 30, 2021 | | | Total | | Less than 12 months | | 12 months or more | | | | | | | | Unrealized | | | | | Unrealized | | | | | Unrealized | | | Count | | Fair Value | | Losses | | Fair Value | | Losses | | Fair Value | | Losses | | | | (Dollars in thousands) | | | | | | | | | | | | | | | | | | | | | | Available for sale securities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | U.S Government Agencies | | 1 | | $ | 4,897 | | $ | 3 | | $ | 4,897 | | $ | 3 | | $ | — | | $ | — | Corporate | | 7 | | | 52,141 | | | 279 | | | 22,403 | | | 16 | | | 29,738 | | | 263 | Collateralized loan obligations | | 6 | | | 44,633 | | | 282 | | | — | | | — | | | 44,633 | | | 282 | Total other securities | | 14 | | | 101,671 | | | 564 | | | 27,300 | | | 19 | | | 74,371 | | | 545 | | | | | | | | | | | | | | | | | | | | | | REMIC and CMO | | 11 | | | 112,847 | | | 1,725 | | | 112,847 | | | 1,725 | | | — | | | — | GNMA | | 4 | | | 11,404 | | | 270 | | | 11,404 | | | 270 | | | — | | | — | FNMA | | 16 | | | 107,883 | | | 1,160 | | | 107,883 | | | 1,160 | | | — | | | — | FHLMC | | 10 | | | 85,084 | | | 1,521 | | | 85,084 | | | 1,521 | | | — | | | — | Total mortgage-backed securities | | 41 | | | 317,218 | | | 4,676 | | | 317,218 | | | 4,676 | | | — | | | — | | | | | | | | | | | | | | | | | | | | | | Total securities available for sale | | 55 | | $ | 418,889 | | $ | 5,240 | | $ | 344,518 | | $ | 4,695 | | $ | 74,371 | | $ | 545 |
| | | | | | | | | | | | | | | | | | | | | | | At December 31, 2020 | | | Total | | Less than 12 months | | 12 months or more | | | | | | | | Unrealized | | | | | Unrealized | | | | | Unrealized | | | Count | | Fair Value | | Losses | | Fair Value | | Losses | | Fair Value | | Losses | | | | (Dollars in thousands) | Available for sale securities | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | U.S Government Agencies | | 1 | | $ | 4,988 | | $ | 1 | | $ | 4,988 | | $ | 1 | | $ | — | | $ | — | Corporate | | 14 | | | 113,734 | | | 6,266 | | | — | | | — | | | 113,734 | | | 6,266 | Collateralized loan obligations | | 13 | | | 99,199 | | | 1,363 | | | 7,441 | | | 52 | | | 91,758 | | | 1,311 | Total other securities | | 28 | | | 217,921 | | | 7,630 | | | 12,429 | | | 53 | | | 205,492 | | | 7,577 | | | | | | | | | | | | | | | | | | | | | | GNMA | | 1 | | | 10,341 | | | 22 | | | 10,341 | | | 22 | | | — | | | — | FNMA | | 5 | | | 32,463 | | | 31 | | | 23,864 | | | 28 | | | 8,599 | | | 3 | FHLMC | | 3 | | | 30,095 | | | 83 | | | 30,095 | | | 83 | | | — | | | — | Total mortgage-backed securities | | 9 | | | 72,899 | | | 136 | | | 64,300 | | | 133 | | | 8,599 | | | 3 | | | | | | | | | | | | | | | | | | | | | | Total securities available for sale | | 37 | | $ | 290,820 | | $ | 7,766 | | $ | 76,729 | | $ | 186 | | $ | 214,091 | | $ | 7,580 |
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