XML 57 R48.htm IDEA: XBRL DOCUMENT v3.23.3
Securities - Schedule of Amortized Cost of Securities and Their Estimated Fair Values (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Dec. 31, 2021
Available for sale securities:            
Amortized Cost $ 298,482   $ 263,519      
Gross Unrealized Gains 1,073   427      
Gross Unrealized Losses (7,231)   (9,442)      
Allowance for Credit Losses 0   0      
Fair Value 292,324   254,504      
Held to maturity securities:            
Fair Value 4,756   5,476      
Allowance for credit losses (2,890) $ (2,876) (2,444) $ (2,430) $ (2,355) $ (2,082)
Total held to maturity securities, net of ACL 3,311   4,077      
Mortgage-backed securities, residential            
Available for sale securities:            
Amortized Cost 49,346   55,329      
Gross Unrealized Gains 9   235      
Gross Unrealized Losses (6,173)   (4,931)      
Allowance for Credit Losses 0   0      
Fair Value 43,182   50,633      
Asset-backed securities            
Available for sale securities:            
Amortized Cost 1,243   6,389      
Gross Unrealized Gains 10   0      
Gross Unrealized Losses 0   (58)      
Allowance for Credit Losses 0   0      
Fair Value 1,253   6,331      
State and municipal            
Available for sale securities:            
Amortized Cost 5,217   13,553      
Gross Unrealized Gains 0   1      
Gross Unrealized Losses (189)   (116)      
Allowance for Credit Losses 0   0      
Fair Value 5,028   13,438      
CLO securities            
Available for sale securities:            
Amortized Cost 240,162   185,068      
Gross Unrealized Gains 1,047   161      
Gross Unrealized Losses (734)   (4,218)      
Allowance for Credit Losses 0   0      
Fair Value 240,475   181,011      
Held to maturity securities:            
Amortized Cost 6,201   6,521      
Gross Unrealized Gains 339   458      
Gross Unrecognized Losses (1,784)   (1,503)      
Fair Value 4,756   5,476      
Allowance for credit losses (2,890)   (2,444)      
Total held to maturity securities, net of ACL 3,311   4,077      
Corporate bonds            
Available for sale securities:            
Amortized Cost 768   1,270      
Gross Unrealized Gains 0   1      
Gross Unrealized Losses (19)   (8)      
Allowance for Credit Losses 0   0      
Fair Value 749   1,263      
SBA pooled securities            
Available for sale securities:            
Amortized Cost 1,746   1,910      
Gross Unrealized Gains 7   29      
Gross Unrealized Losses (116)   (111)      
Allowance for Credit Losses 0   0      
Fair Value $ 1,637   $ 1,828