XML 68 R36.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Investments Debt And Equity Securities [Abstract] |
Available for Sale Securities | The amortized cost and fair value of available for sale securities and the related gross unrealized gains and losses recognized were as follows:
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities and obligations of U.S. government agencies |  | $ | 48,390 |  |  | $ | 30 |  |  | $ | (530 | ) |  | $ | 47,890 |
Obligations of states and political subdivisions |  |  | 281,247 |  |  |  | 17,696 |  |  |  | (107 | ) |  |  | 298,836 |
Mortgage-back securities in government sponsored entities |  |  | 211,660 |  |  |  | 2,938 |  |  |  | (1,450 | ) |  |  | 213,148 |
Total debt securities |  | $ | 541,297 |  |  | $ | 20,664 |  |  | $ | (2,087 | ) |  | $ | 559,874 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Fair Value |
2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities and obligations of U.S. government agencies |  | $ | 21,479 |  |  | $ | 220 |  |  | $ | (6 | ) |  | $ | 21,693 |
Obligations of states and political subdivisions |  |  | 208,013 |  |  |  | 21,000 |  |  |  | (1 | ) |  |  | 229,012 |
Mortgage-back securities in government sponsored entities |  |  | 106,824 |  |  |  | 5,963 |  |  |  | (28 | ) |  |  | 112,759 |
Total debt securities |  | $ | 336,316 |  |  | $ | 27,183 |  |  | $ | (35 | ) |  | $ | 363,464 |
Fair Value of Securities by Contractual Maturity | The amortized cost and fair value of securities at year end 2021 by contractual maturity were as follows. Securities not due at a single maturity date, primarily mortgage-backed securities, are shown separately.
|  | Available for sale |
|  | Amortized Cost |  |  | Fair Value |
Due in one year or less |  | $ | 3,786 |  |  | $ | 3,789 |
Due from one to five years |  |  | 32,034 |  |  |  | 32,121 |
Due from five to ten years |  |  | 61,675 |  |  |  | 63,083 |
Due after ten years |  |  | 232,142 |  |  |  | 247,733 |
Mortgage-backed securities in government sponsored entities |  |  | 211,660 |  |  |  | 213,148 |
Total securities available for sale |  | $ | 541,297 |  |  | $ | 559,874 |
Proceeds from Sales of Securities, Gross Realized Gains and Losses | Proceeds from sales of securities, gross realized gains and gross realized losses were as follows:
|  | 2021 |  |  | 2020 |  |  | 2019 |
Sale proceeds |  | $ | 1,810 |  |  | $ | 1,455 |  |  | $ | 17,570 |
Gross realized gains |  |  | 1,785 |  |  |  | 94 |  |  |  | 47 |
Gross realized losses |  |  | — |  |  |  | — |  |  |  | 43 |
Gains from securities called or settled by the issuer |  |  | 1 |  |  |  | — |  |  |  | 28 |
Securities with Unrealized Losses Not Recognized in Income | Debt securities with unrealized losses at year end 2021 and 2020 not recognized in income were as follows:
2021 |  | 12 Months or less |  |  | More than 12 months |  |  | Total |
Description of Securities |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
U.S. Treasury securities and obligations of U.S. government agencies |  | $ | 41,432 |  |  | $ | (473 | ) |  | $ | 2,014 |  |  | $ | (57 | ) |  | $ | 43,446 |  |  | $ | (530 | )
Obligations of states and political subdivisions |  |  | 25,797 |  |  |  | (107 | ) |  |  | — |  |  |  | — |  |  |  | 25,797 |  |  |  | (107 | )
Mortgage-backed securities in gov’t sponsored entities |  |  | 141,327 |  |  |  | (1,343 | ) |  |  | 3,123 |  |  |  | (107 | ) |  |  | 144,450 |  |  |  | (1,450 | )
Total temporarily impaired |  | $ | 208,556 |  |  | $ | (1,923 | ) |  | $ | 5,137 |  |  | $ | (164 | ) |  | $ | 213,693 |  |  | $ | (2,087 | )
2020 |  | 12 Months or less |  |  | More than 12 months |  |  | Total |
Description of Securities |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |  |  | Fair Value |  |  | Unrealized Loss |
U.S. Treasury securities and obligations of U.S. government agencies |  | $ | 6,501 |  |  | $ | (5 | ) |  | $ | 126 |  |  | $ | (1 | ) |  | $ | 6,627 |  |  | $ | (6 | )
Obligations of states and political subdivisions |  |  | 1,874 |  |  |  | (1 | ) |  |  | — |  |  |  | — |  |  |  | 1,874 |  |  |  | (1 | )
Mortgage-backed securities in gov’t sponsored entities |  |  | 5,755 |  |  |  | (28 | ) |  |  | — |  |  |  | — |  |  |  | 5,755 |  |  |  | (28 | )
Total temporarily impaired |  | $ | 14,130 |  |  | $ | (34 | ) |  | $ | 126 |  |  | $ | (1 | ) |  | $ | 14,256 |  |  | $ | (35 | )
Schedule of Net Gains and Losses on Equity Investments Recognized in Earnings and Portion of Unrealized Gains and Losses for Period that Relates to Equity Investments | The following table presents the net gains and losses on equity investments recognized in earnings at year-end 2021 and 2020, and the portion of unrealized gains and losses for the period that relates to equity investments held at year-end 2021 and 2020:
|  | 2021 |  |  | 2020 |
Net gains (losses) recognized on equity securities during the year |  | $ | 186 |  |  | $ | (57 | )
Less: Net gains realized on the sale of equity securities during the period |  |  | — |  |  |  | 6 |
Unrealized gains (losses) recognized in equity securities held at December 31 |  | $ | 186 |  |  | $ | (51 | )

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 -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + 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 realized and unrealized gain (loss) on investment in security. + References No definition available. + Details
Name: | us-gaap_GainLossOnInvestmentsTextBlock
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

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=123581744&loc=d3e27357-111563 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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=123581744&loc=d3e27290-111563 + Details
Name: | us-gaap_ScheduleOfUnrealizedLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration