XML 35 R24.htm IDEA: XBRL DOCUMENT v3.22.1
Investment Securities (Tables)
 3 Months Ended
Mar. 31, 2022
Investments, Debt and Equity Securities [Abstract]  
Unrealized Gain (Loss) on Investments [Table Text Block]
   Amortized
Cost		   Gross
Unrealized
Gains		   Gross
Unrealized
Losses		   Fair
Value		   Allowance
for
Investment
Credit
Losses		 
   (dollars in thousands) 
March 31, 2022                    
                     
Securities available-for-sale                    
Federal agency obligations  $51,506   $46   $(3,003)  $48,549   $
      -
 
Residential mortgage pass-through securities   320,605    160    (19,789)   300,976    
-
 
Commercial mortgage pass-through securities   18,713    8    (1,313)   17,408    
-
 
Obligations of U.S. states and political subdivisions   144,474    446    (7,869)   137,051    
-
 
Corporate bonds and notes   5,477    35    (11)   5,501    
-
 
Asset-backed securities   2,364    7    (17)   2,354    
 
 
Other securities   191    
-
    
-
    191    
-
 
Total securities available-for-sale  $543,330   $702   $(32,002)  $512,030   $
-
 
                          
December 31, 2021                         
Securities available-for-sale                         
Federal agency obligations  $50,336   $649   $(625)  $50,360   $
-
 
Residential mortgage pass-through securities   317,111    1,868    (2,884)   316,095    
-
 
Commercial mortgage pass-through securities   10,814    118    (463)   10,469    
-
 
Obligations of U.S. states and political subdivisions   145,045    1,562    (982)   145,625    
-
 
Corporate bonds and notes   8,968    81    
-
    9,049    
-
 
Asset-backed securities   2,563    3    (2)   2,564    
-
 
Certificates of deposit   150    
-
    
-
    150    
-
 
Other securities   195    
-
    
-
    195    
-
 
Total securities available-for-sale  $535,182   $4,281   $(4,956)  $534,507   $
-
 

 
Investments Classified by Contractual Maturity Date [Table Text Block]
   March 31, 2022 
   Amortized
Cost		   Fair
Value		 
   (dollars in thousands) 
Securities available-for-sale:        
Due in one year or less  $3,391   $3,394 
Due after one year through five years   6,118    6,135 
Due after five years through ten years   4,694    4,774 
Due after ten years   189,618    179,152 
Residential mortgage pass-through securities   320,605    300,976 
Commercial mortgage pass-through securities   18,713    17,408 
Other securities   191    191 
Total securities available-for-sale  $543,330   $512,030 

 
Schedule of Unrealized Loss on Investments [Table Text Block]
   March 31, 2022 
   Total   Less than 12 Months   12 Months or Longer 
   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		 
   (dollars in thousands) 
Investment Securities Available-for-Sale:                        
Federal agency obligations  $43,257   $(3,003)  $43,257   $(3,003)  $
-
   $
-
 
Residential mortgage pass-through securities   284,118    (19,789)   223,718    (14,696)   60,400    (5,093)
Commercial mortgage pass-through securities   14,437    (1,313)   10,532    (483)   3,905    (830)
Obligations of U.S. states and political subdivisions   111,635    (7,869)   111,635    (7,869)   
-
    
-
 
Corporate bonds and notes   1,988    (11)   1,988    (11)   
-
    
-
 
Asset-backed securities   1,837    (17)   1,837    (17)   
-
    
-
 
Total temporarily impaired securities  $457,272   $(32,002)  $392,967   $(26,079)  $64,305   $(5,923)

 

   December 31, 2021 
   Total   Less than 12 Months   12 Months or Longer 
   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		   Fair
Value		   Unrealized
Losses		 
   (dollars in thousands) 
Investment Securities Available-for-Sale:                        
Federal agency obligations  $28,974   $(625)  $28,974   $(625)  $
-
   $
-
 
Residential mortgage pass-through securities   246,396    (2,884)   214,701    (2,111)   31,695    (773)
Commercial mortgage pass-through securities   8,370    (463)   4,682    (75)   3,688    (388)
Obligations of U.S. states and political subdivisions   89,473    (982)   89,473    (982)   
-
    
-
 
Asset-backed securities   802    (2)   802    (2)   
-
    
-
 
Total Temporarily Impaired Securities  $374,015   $(4,956)  $338,632   $(3,795)  $35,383   $(1,161)