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v3.22.1

Note 2 - Securities (Tables) | 3 Months Ended
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Mar. 31, 2022
Notes Tables |
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block] |
|  | March 31, 2022 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
(Dollars in thousands) |  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Equity securities |  | $ | 8,100 |  |  | $ | 545 |  |  | $ | (363 | ) |  | $ | 8,282 |
|  | December 31, 2021 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
(Dollars in thousands) |  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
|  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
Equity securities |  | $ | 7,953 |  |  | $ | 665 |  |  | $ | (126 | ) |  | $ | 8,492 |
Debt Securities, Available-for-Sale and Held-to-Maturity [Table Text Block] |
|  | March 31, 2022 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
(Dollars in thousands) |  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
Available for Sale: |  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
U.S. Government and federal agency |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
U.S. Treasury notes and bonds |  |  | 93,154 |  |  |  | 8 |  |  |  | (6,671 | ) |  |  | 86,491 |
State and municipal |  |  | 334,907 |  |  |  | 443 |  |  |  | (22,962 | ) |  |  | 312,388 |
Mortgage-backed |  |  | 240,062 |  |  |  | 19 |  |  |  | (13,412 | ) |  |  | 226,669 |
Corporate |  |  | 1,255 |  |  |  | 4 |  |  |  | (4 | ) |  |  | 1,255 |
Asset-backed securities |  |  | 14,465 |  |  |  | - |  |  |  | (220 | ) |  |  | 14,245 |
Total |  | $ | 683,843 |  |  | $ | 474 |  |  | $ | (43,269 | ) |  | $ | 641,048 |
Held to Maturity: |  |  |  |  |  |  |  |  |  |  |  |
U.S. Government and federal agency |  | $ | 2,962 |  |  | $ | - |  |  | $ | (195 | ) |  | $ | 2,767 |
U.S. Treasury notes and bonds |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
State and municipal |  |  | 204,201 |  |  |  | 2 |  |  |  | (17,668 | ) |  |  | 186,535 |
Mortgage-backed |  |  | 204,165 |  |  |  | 30 |  |  |  | (13,533 | ) |  |  | 190,662 |
Corporate |  |  | 17,161 |  |  |  | - |  |  |  | (606 | ) |  |  | 16,555 |
Asset-backed securities |  |  | 1,429 |  |  |  | - |  |  |  | (37 | ) |  |  | 1,392 |
Total |  | $ | 429,918 |  |  | $ | 32 |  |  | $ | (32,039 | ) |  | $ | 397,911 |
Debt Securities, Available-for-Sale [Table Text Block] |
|  | December 31, 2021 |
|  |  |  |  |  | Gross |  |  | Gross |  |  |  |  |
(Dollars in thousands) |  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair |
Available for Sale: |  | Cost |  |  | Gains |  |  | Losses |  |  | Value |
U.S. Government and federal agency |  | $ | 2,001 |  |  | $ | 7 |  |  | $ | - |  |  | $ | 2,008 |
U.S. Treasury notes and bonds |  |  | 93,267 |  |  |  | 23 |  |  |  | (1,311 | ) |  |  | 91,979 |
State and municipal |  |  | 528,252 |  |  |  | 10,704 |  |  |  | (4,109 | ) |  |  | 534,847 |
Mortgage-backed |  |  | 441,383 |  |  |  | 781 |  |  |  | (9,049 | ) |  |  | 433,115 |
Corporate |  |  | 20,856 |  |  |  | 19 |  |  |  | (233 | ) |  |  | 20,642 |
Asset-backed securities |  |  | 16,387 |  |  |  | - |  |  |  | (93 | ) |  |  | 16,294 |
Total |  | $ | 1,102,146 |  |  | $ | 11,534 |  |  | $ | (14,795 | ) |  | $ | 1,098,885 |
Investments Classified by Contractual Maturity Date [Table Text Block] |
|  | Available for Sale Securities maturing within: |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Fair Value |
|  | Less than |  |  | 1 Year - |  |  | 5 Years - |  |  | More than |  |  | at March 31, |
(Dollars in thousands) |  | 1 Year |  |  | 5 Years |  |  | 10 Years |  |  | 10 Years |  |  | 2022 |
U.S. Government and federal agency |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
U.S. Treasury notes and bonds |  |  | 2,007 |  |  |  | - |  |  |  | 84,484 |  |  |  | - |  |  |  | 86,491 |
State and municipal |  |  | 17,913 |  |  |  | 34,667 |  |  |  | 185,902 |  |  |  | 73,906 |  |  |  | 312,388 |
Corporate |  |  | 501 |  |  |  | 508 |  |  |  | 246 |  |  |  | - |  |  |  | 1,255 |
Asset-backed securities |  |  | - |  |  |  | 10,305 |  |  |  | 3,940 |  |  |  | - |  |  |  | 14,245 |
Total debt securities |  |  | 20,421 |  |  |  | 45,480 |  |  |  | 274,572 |  |  |  | 73,906 |  |  |  | 414,379 |
Mortgage-backed securities |  |  | 13,689 |  |  |  | 84,660 |  |  |  | 119,303 |  |  |  | 9,017 |  |  |  | 226,669 |
Equity securities |  |  | - |  |  |  | 1,000 |  |  |  | - |  |  |  | 7,282 |  |  |  | 8,282 |
Total Available for Sale |  | $ | 34,110 |  |  | $ | 131,140 |  |  | $ | 393,875 |  |  | $ | 90,205 |  |  | $ | 649,330 |
|  | Held to Maturity Securities maturing within: |  |  |  |  |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Amortized Cost |
|  | Less than |  |  | 1 Year - |  |  | 5 Years - |  |  | More than |  |  | at March 31, |
(Dollars in thousands) |  | 1 Year |  |  | 5 Years |  |  | 10 Years |  |  | 10 Years |  |  | 2022 |
U.S. Government and federal agency |  | $ | - |  |  | $ | - |  |  | $ | 2,962 |  |  | $ | - |  |  | $ | 2,962 |
U.S. Treasury notes and bonds |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
State and municipal |  |  | 2,755 |  |  |  | 4,608 |  |  |  | 97,764 |  |  |  | 99,074 |  |  |  | 204,201 |
Corporate |  |  | - |  |  |  | 250 |  |  |  | 15,911 |  |  |  | 1,000 |  |  |  | 17,161 |
Asset-backed securities |  |  | - |  |  |  | 1,429 |  |  |  | - |  |  |  | - |  |  |  | 1,429 |
Total debt securities |  |  | 2,755 |  |  |  | 6,287 |  |  |  | 116,637 |  |  |  | 100,074 |  |  |  | 225,753 |
Mortgage-backed securities |  |  | 3,511 |  |  |  | 44,972 |  |  |  | 155,682 |  |  |  | - |  |  |  | 204,165 |
Equity securities |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total Held to Maturity |  | $ | 6,266 |  |  | $ | 51,259 |  |  | $ | 272,319 |  |  | $ | 100,074 |  |  | $ | 429,918 |
Gain (Loss) on Securities [Table Text Block] |
|  | Three Months Ended |
|  | March 31, |
|  | 2022 |  |  | 2021 |
Net gains and (losses) recognized during the period |  | $ | (356 | ) |  | $ | 608 |
Less: Net gains and (losses) recognized during the period on securities sold |  |  | — |  |  |  | — |
Unrealized gains and (losses) recognized during the reporting period on securities still held at the reporting date |  | $ | (356 | ) |  | $ | 608 |

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