XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.21.1

INVESTMENT SECURITIES (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2021
INVESTMENT SECURITIES |
Schedule of amortized cost and fair value of securities available-for-sale and securities held-to-maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Unrealized/ | ​ | Unrealized/ | ​ | ​ | ​
​ | ​ | Amortized | ​ | Unrecognized | ​ | Unrecognized | ​ | ​ | ​
At March 31, 2021 |  | Cost |  | Gains |  | Losses |  | Fair Value
Debt securities available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage-backed securities | ​ | $ | 368,776 | ​ | $ | 1,540 | ​ | $ | (3,546) | ​ | $ | 366,770
Commercial mortgage-backed securities | ​ | ​ | 29,895 | ​ | ​ | 828 | ​ | ​ | (271) | ​ | ​ | 30,452
Asset-backed securities | ​ | ​ | 5,002 | ​ | ​ | — | ​ | ​ | (29) | ​ | ​ | 4,973
U.S. Government agency | ​ | ​ | 67,993 | ​ | ​ | — | ​ | ​ | (1,570) | ​ | ​ | 66,423
Securities issued by states and political subdivisions in the U.S | ​ | ​ | 11,909 | ​ | ​ | — | ​ | ​ | (539) | ​ | ​ | 11,370
Total securities available for sale | ​ | $ | 483,575 | ​ | $ | 2,368 | ​ | $ | (5,955) | ​ | $ | 479,988
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Held-to-maturity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | $ | 2,492 | ​ | ​ | 65 | ​ | ​ | — | ​ | ​ | 2,557
Total securities held-to-maturity | ​ | $ | 2,492 | ​ | $ | 65 | ​ | $ | — | ​ | $ | 2,557
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity investments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
CRA Mutual Fund | ​ | $ | 2,308 | ​ | ​ | — | ​ | ​ | (27) | ​ | ​ | 2,281
Total non-trading equity investment securities | ​ | $ | 2,308 | ​ | $ | — | ​ | $ | (27) | ​ | $ | 2,281
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Unrealized/ | ​ | Unrealized/ | ​ | ​ | ​
​ | ​ | Amortized | ​ | Unrecognized | ​ | Unrecognized | ​ | ​ | ​
At December 31, 2020 |  | Cost |  | Gains |  | Losses |  | Fair Value
Debt securities available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | $ | 192,163 | ​ | $ | 2,599 | ​ | $ | (74) | ​ | $ | 194,688
Commercial mortgage securities | ​ | ​ | 32,589 | ​ | ​ | 997 | ​ | ​ | (94) | ​ | ​ | 33,492
U.S. Government agency securities | ​ | ​ | 37,997 | ​ | ​ | — | ​ | ​ | (81) | ​ | ​ | 37,916
Total securities available for sale | ​ | $ | 262,749 | ​ | $ | 3,596 | ​ | $ | (249) | ​ | $ | 266,096
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Held-to-maturity securities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | ​ | 2,760 | ​ | ​ | 67 | ​ | ​ | — | ​ | ​ | 2,827
Total securities held to maturity | ​ | $ | 2,760 | ​ | $ | 67 | ​ | $ | — | ​ | $ | 2,827
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity investments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
CRA Mutual Fund | ​ | ​ | 2,299 | ​ | ​ | 14 | ​ | ​ | — | ​ | ​ | 2,313
Total non-trading equity investment securities | ​ | $ | 2,299 | ​ | $ | 14 | ​ | $ | — | ​ | $ | 2,313
​
Schedule of Realized Gain (Loss) on Sales and Calls of Securities |
​ | ​ | ​ | ​
​ | ​ | Three months ended March 31,
​ | ​ | 2020
Proceeds | ​ | $ | 20,975
Gross gains | ​ | $ | 975
Tax impact | ​ | $ | (387)
Schedule of amortized cost and fair value of debt securities classified by contractual maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Held-to-Maturity | ​ | Available-for-Sale
At March 31, 2021 |  | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Within one year | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
One to five years | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 47,993 | ​ | ​ | 47,092
Five to ten years | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 15,000 | ​ | ​ | 14,631
After ten years | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 16,909 | ​ | ​ | 16,070
Total | ​ | $ | — | ​ | $ | — | ​ | $ | 79,902 | ​ | $ | 77,793
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | $ | 2,492 | ​ | $ | 2,557 | ​ | ​ | 368,776 | ​ | ​ | 366,770
Commercial mortgage securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 29,895 | ​ | ​ | 30,452
Asset-backed securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 5,002 | ​ | ​ | 4,973
Total Securities | ​ | $ | 2,492 | ​ | $ | 2,557 | ​ | $ | 483,575 | ​ | $ | 479,988
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Held-to-Maturity | ​ | Available-for-Sale
At December 31, 2020 |  | Amortized Cost |  | Fair Value |  | Amortized Cost |  | Fair Value
Within one year | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | —
One to five years | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 37,997 | ​ | ​ | 37,916
Five to ten years | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Due after ten years | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | —
Total | ​ | $ | — | ​ | $ | — | ​ | $ | 37,997 | ​ | $ | 37,916
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | $ | 2,760 | ​ | $ | 2,827 | ​ | $ | 192,163 | ​ | $ | 194,688
Commercial mortgage securities | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 32,589 | ​ | ​ | 33,492
Total Securities | ​ | $ | 2,760 | ​ | $ | 2,827 | ​ | $ | 262,749 | ​ | $ | 266,096
​
Schedule of securities with unrealized/unrecognized losses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Less than 12 Months | ​ | 12 months or more | ​ | Total
​ | ​ | Estimated | ​ | Unrealized | ​ | Estimated | ​ | Unrealized | ​ | Estimated | ​ | Unrealized
At March 31, 2021 |  | Fair Value |  | Losses |  | Fair Value |  | Losses |  | Fair Value |  | Losses
Debt securities available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | $ | 233,408 | ​ | $ | (3,546) | ​ | $ | — | ​ | $ | — | ​ | $ | 233,408 | ​ | $ | (3,546)
Commercial mortgage securities | ​ | ​ | 9,520 | ​ | ​ | (270) | ​ | ​ | 383 | ​ | ​ | (1) | ​ | ​ | 9,903 | ​ | ​ | (271)
Asset-backed securities | ​ | ​ | 4,974 | ​ | ​ | (29) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 4,974 | ​ | ​ | (29)
U.S. Government agency securities | ​ | ​ | 66,423 | ​ | ​ | (1,570) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 66,423 | ​ | ​ | (1,570)
Securities issued by states and political subdivisions in the U.S | ​ | ​ | 11,370 | ​ | ​ | (539) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 11,370 | ​ | ​ | (539)
Total securities available for sale | ​ | $ | 325,695 | ​ | $ | (5,954) | ​ | $ | 383 | ​ | $ | (1) | ​ | $ | 326,078 | ​ | $ | (5,955)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Equity investments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
CRA Mutual Fund | ​ | $ | 2,281 | ​ | $ | (27) | ​ | $ | — | ​ | $ | — | ​ | $ | 2,281 | ​ | $ | (27)
Total equity investment securities | ​ | $ | 2,281 | ​ | $ | (27) | ​ | $ | — | ​ | $ | — | ​ | $ | 2,281 | ​ | $ | (27)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Less than 12 Months | ​ | 12 months or more | ​ | Total
​ | ​ | Estimated | ​ | Unrealized | ​ | Estimated | ​ | Unrealized | ​ | Estimated | ​ | Unrealized
At December 31, 2020 |  | Fair Value |  | Losses |  | Fair Value |  | Losses |  | Fair Value |  | Losses
Debt securities available for sale: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Residential mortgage securities | ​ | $ | 33,734 | ​ | ​ | (74) | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 33,734 | ​ | ​ | (74)
Commercial mortgage securities | ​ | ​ | 12,314 | ​ | ​ | (93) | ​ | ​ | 385 | ​ | ​ | (1) | ​ | ​ | 12,699 | ​ | ​ | (94)
U.S. Government agency securities | ​ | ​ | 37,916 | ​ | ​ | (81) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 37,916 | ​ | ​ | (81)
Total securities available-for-sale | ​ | $ | 83,964 | ​ | $ | (248) | ​ | $ | 385 | ​ | $ | (1) | ​ | $ | 84,349 | ​ | $ | (249)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​

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: | nonnum: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

X
- Definition Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27357-111563 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=121645371&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration