XML 35 R25.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

SECURITIES (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2024
SECURITIES |
Schedule of available for sale securities | The following is a summary of available for sale securities: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Estimated | ​
​ | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Fair Value | ​
March 31, 2024 |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  | ​
Obligations of U.S. Government sponsored agencies | ​ | $ | 30,389 | ​ | $ | — | ​ | $ | (3,344) | ​ | $ | 27,045 | ​
Obligations of states and political subdivisions | ​ | ​ | 63,576 | ​ | ​ | 16 | ​ | ​ | (6,026) | ​ | ​ | 57,566 | ​
Mortgage-backed securities | ​ | ​ | 36,733 | ​ | ​ | 1 | ​ | ​ | (1,959) | ​ | ​ | 34,775 | ​
Corporate notes | ​ |  | 20,662 | ​ |  | — | ​ |  | (1,628) | ​ |  | 19,034 | ​
Total available for sale securities | ​ | $ | 151,360 | ​ | $ | 17 | ​ | $ | (12,957) | ​ | $ | 138,420 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2023 | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​
Obligations of U.S. Government sponsored agencies | ​ | $ | 31,453 | ​ | $ | 4 | ​ | $ | (3,163) | ​ | $ | 28,294 | ​
Obligations of states and political subdivisions | ​ | ​ | 63,929 | ​ | ​ | 77 | ​ | ​ | (5,760) | ​ | ​ | 58,246 | ​
Mortgage-backed securities | ​ |  | 37,789 | ​ |  | 5 | ​ |  | (1,664) | ​ |  | 36,130 | ​
Corporate notes | ​ |  | 20,657 | ​ |  | — | ​ |  | (1,619) | ​ |  | 19,038 | ​
Certificates of deposit | ​ | ​ | 490 | ​ | ​ | — | ​ | ​ | (1) | ​ | ​ | 489 | ​
Total available for sale securities | ​ | $ | 154,318 | ​ | $ | 86 | ​ | $ | (12,207) | ​ | $ | 142,197 | ​
Schedule of held to maturity securities | The following is a summary of held to maturity securities:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | ​ |  | Gross |  | Gross |  | ​ | ​
​ | ​ | Amortized | ​ | Unrealized | ​ | Unrealized | ​ | Estimated
​ | ​ | Cost | ​ | Gains | ​ | Losses | ​ | Fair Value
March 31, 2024 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. Treasury securities | ​ | $ | 107,871 | ​ | $ | 671 | ​ | $ | (1,536) | ​ | $ | 107,006
Obligations of states and political subdivisions | ​ | ​ | 3,861 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3,861
Total held to maturity securities | ​ | $ | 111,732 | ​ | $ | 671 | ​ | $ | (1,536) | ​ | $ | 110,867
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2023 | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
U.S. Treasury securities | ​ | $ | 99,173 | ​ | $ | 1,372 | ​ | $ | (1,070) | ​ | $ | 99,475
Obligations of states and political subdivisions | ​ | ​ | 4,151 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,151
Total held to maturity securities | ​ | $ | 103,324 | ​ | $ | 1,372 | ​ | $ | (1,070) | ​ | $ | 103,626
​
Schedule of fair value and gross unrealized losses of securities | The following table shows the fair value and gross unrealized losses of securities with unrealized losses, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Less Than 12 Months | ​ | Greater Than 12 Months | ​ | Total
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Number
​ | Fair |  | Unrealized |  | Fair |  | Unrealized |  | Fair | ​ | Unrealized | ​ | of
​ | Value | ​ | Losses | ​ | Value | ​ | Losses | ​ | Value | ​ | Losses | ​ | Securities
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
March 31, 2024 - Available for Sale | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Obligations of U.S. Government sponsored agencies | $ | 8,519 | ​ | $ | (272) | ​ | $ | 18,526 | ​ | $ | (3,072) | ​ | $ | 27,045 | ​ | $ | (3,344) | ​ | 27
Obligations of states and political subdivisions | ​ | 8,919 | ​ | ​ | (96) | ​ | ​ | 43,014 | ​ | ​ | (5,930) | ​ | ​ | 51,933 | ​ | ​ | (6,026) | ​ | 70
Mortgage-backed securities |  | 7,116 | ​ |  | (202) | ​ |  | 27,532 | ​ |  | (1,757) | ​ |  | 34,648 | ​ |  | (1,959) |  | 107
Corporate notes |  | 4,962 | ​ |  | (35) | ​ |  | 12,940 | ​ |  | (1,593) | ​ |  | 17,902 | ​ |  | (1,628) |  | 10
Totals | $ | 29,516 | ​ | $ | (605) | ​ | $ | 102,012 | ​ | $ | (12,352) | ​ | $ | 131,528 | ​ | $ | (12,957) |  | 214
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
March 31, 2024 - Held to Maturity | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
U.S. Treasury securities | $ | 49,015 | ​ | $ | (527) | ​ | $ | 30,465 | ​ | $ | (1,009) | ​ | $ | 79,480 | ​ | $ | (1,536) | ​ | 51
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2023 - Available for Sale |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  |  |
Obligations of U.S. Government sponsored agencies | $ | 6,519 | ​ | $ | (173) | ​ | $ | 19,519 | ​ | $ | (2,990) | ​ | $ | 26,038 | ​ | $ | (3,163) | ​ | 24
Obligations of states and political subdivisions | ​ | 6,806 | ​ | ​ | (71) | ​ | ​ | 40,959 | ​ | ​ | (5,689) | ​ | ​ | 47,765 | ​ | ​ | (5,760) | ​ | 65
Mortgage-backed securities |  | 5,751 | ​ |  | (95) | ​ |  | 28,693 | ​ |  | (1,569) | ​ |  | 34,444 | ​ |  | (1,664) |  | 104
Corporate notes |  | 4,926 | ​ |  | (68) | ​ |  | 12,487 | ​ |  | (1,551) | ​ |  | 17,413 | ​ |  | (1,619) |  | 9
Certificate of deposits | ​ | — | ​ | ​ | — | ​ | ​ | 489 | ​ | ​ | (1) | ​ | ​ | 489 | ​ | ​ | (1) | ​ | 2
Totals | $ | 24,002 | ​ | $ | (407) | ​ | $ | 102,147 | ​ | $ | (11,800) | ​ | $ | 126,149 | ​ | $ | (12,207) | ​ | 204
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2023 - Held to Maturity |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |  |  |
U.S. Treasury securities | $ | 31,785 | ​ | $ | (99) | ​ | $ | 35,362 | ​ | $ | (971) | ​ | $ | 67,147 | ​ | $ | (1,070) | ​ | 49
Obligations of states and political subdivisions |  | — | ​ |  | — | ​ |  | 220 | ​ |  | — | ​ |  | 220 | ​ |  | — | ​ | 1
Totals | $ | 31,785 | ​ | $ | (99) | ​ | $ | 35,582 | ​ | $ | (971) | ​ | $ | 67,367 | ​ | $ | (1,070) | ​ | 50
​
Schedule of amortized cost and estimated fair value of securities by contract maturity | The following is a summary of amortized cost and estimated fair value of securities by contractual maturity as of March 31, 2024. Contractual maturities will differ from expected maturities for mortgage-backed securities because borrowers may have the right to call or prepay obligations without penalties. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Available for Sale | ​ | Held to Maturity
​ |  | Amortized |  | Estimated |  | Amortized |  | Estimated
​ | ​ | Cost | ​ | Fair Value | ​ | Cost | ​ | Fair Value
Due in one year or less | ​ | $ | 7,300 | ​ | $ | 7,260 | ​ | $ | 21,171 | ​ | ​ | 20,949
Due after one year through 5 years | ​ |  | 16,975 | ​ |  | 16,651 | ​ | ​ | 54,677 | ​ | ​ | 53,663
Due after 5 years through 10 years | ​ |  | 39,030 | ​ |  | 35,338 | ​ | ​ | 35,884 | ​ | ​ | 36,255
Due after 10 years | ​ |  | 51,322 | ​ |  | 44,396 | ​ | ​ | — | ​ | ​ | —
Subtotal | ​ |  | 114,627 | ​ |  | 103,645 | ​ | ​ | 111,732 | ​ | ​ | 110,867
Mortgage-backed securities | ​ |  | 36,733 | ​ |  | 34,775 | ​ | ​ | — | ​ | ​ | —
Total | ​ | $ | 151,360 | ​ | $ | 138,420 | ​ | $ | 111,732 | ​ | $ | 110,867

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-9 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-2 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-3 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479081/326-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-6 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479106/326-30-50-4 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about investment in debt security measured at amortized cost (held-to-maturity). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5B Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (aaa) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (f)(4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5 Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5A Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5A Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5A Reference 15: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5B Reference 16: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5B Reference 17: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5B Reference 18: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 320 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481800/320-10-50-5B + Details
Name: | us-gaap_HeldToMaturitySecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
Name: | us-gaap_InvestmentsClassifiedByContractualMaturityDateTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration