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SECURITIES (Tables)

3 Months Ended

Mar. 31, 2021

SECURITIES

Schedule of amortized cost and fair value of available-for-sale debt securities at


(In Thousands)		March 31, 2021
					Gross			Gross
					Unrealized			Unrealized
		Amortized			Holding			Holding			Fair
		Cost			Gains			Losses			Value

Obligations of the U.S. Treasury		$	15,117		$	2		$	(34)		$	15,085
Obligations of U.S. Government agencies			24,763			670			(441)			24,992
Obligations of states and political subdivisions:
Tax-exempt			120,974			4,487			(343)			125,118
Taxable			51,823			1,397			(682)			52,538
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities			38,790			1,099			(132)			39,757
Residential collateralized mortgage obligations			52,715			1,299			(43)			53,971
Commercial mortgage-backed securities			53,528			1,949			(562)			54,915
Total available-for-sale debt securities		$	357,710		$	10,903		$	(2,237)		$	366,376


(In Thousands)		December 31, 2020
					Gross			Gross
					Unrealized			Unrealized
		Amortized			Holding			Holding			Fair
		Cost			Gains			Losses			Value

Obligations of the U.S. Treasury		$	12,184		$	0		$	(2)		$	12,182
Obligations of U.S. Government agencies			25,349			1,003			(8)			26,344
Obligations of states and political subdivisions:
Tax-exempt			116,427			6,000			(26)			122,401
Taxable			45,230			2,246			(24)			47,452
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities			36,853			1,323			0			38,176
Residential collateralized mortgage obligations			56,048			1,428			(9)			57,467
Commercial mortgage-backed securities			42,461			2,849			0			45,310
Total available-for-sale debt securities		$	334,552		$	14,849		$	(69)		$	349,332

Schedule of gross unrealized losses and fair value of available-for-sale debt securities


March 31, 2021		Less Than 12 Months						12 Months or More						Total
(In Thousands)		Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
		Value			Losses			Value			Losses			Value			Losses
Obligations of the U.S. Treasury		$	9,003		$	(34)		$	0		$	0		$	9,003		$	(34)
Obligations of U.S. Government agencies			12,058			(441)			0			0			12,058			(441)
Obligations of states and political subdivisions:
Tax-exempt			26,916			(343)			0			0			26,916			(343)
Taxable			19,588			(661)			524			(21)			20,112			(682)
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies,
Residential pass-through securities			9,884			(132)			0			0			9,884			(132)
Residential collateralized mortgage obligations			5,228			(43)			0			0			5,228			(43)
Commercial mortgage-backed securities			10,624			(562)			0			0			10,624			(562)
Total temporarily impaired available for sale debt securities		$	93,301		$	(2,216)		$	524		$	(21)		$	93,825		$	(2,237)


December 31, 2020		Less Than 12 Months						12 Months or More						Total
(In Thousands)		Fair			Unrealized			Fair			Unrealized			Fair			Unrealized
		Value			Losses			Value			Losses			Value			Losses
Obligations of the U.S. Treasury		$	9,159		$	(2)		$	0		$	0		$	9,159		$	(2)
Obligations of U.S. Government agencies			4,992			(8)			0			0			4,992			(8)
Obligations of states and political subdivisions:
Tax-exempt			3,811			(26)			0			0			3,811			(26)
Taxable			5,235			(24)			0			0			5,235			(24)
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies,
Residential collateralized mortgage obligations			2,861			(9)			0			0			2,861			(9)
Total temporarily impaired available-for-sale debt securities		$	26,058		$	(69)		$	0		$	0		$	26,058		$	(69)

Schedule of gross realized gains and losses from available-for-sale


(In Thousands)		Three Months Ended
		March 31,			March 31,
		2021			2020
Gross realized gains from sales		$	0		$	52
Gross realized losses from sales			0			(52)
Net realized gains		$	0		$	0

Schedule of the amortized cost and fair value of available-for-sale debt securities by contractual maturity


(In Thousands)		March 31, 2021
		Amortized			Fair
		Cost			Value
Due in one year or less		$	14,667		$	14,760
Due from one year through five years			45,128			46,421
Due from five years through ten years			51,245			52,787
Due after ten years			101,637			103,765
Sub-total			212,677			217,733
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities			38,790			39,757
Residential collateralized mortgage obligations			52,715			53,971
Commercial mortgage-backed securities			53,528			54,915
Total		$	357,710		$	366,376