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SECURITIES (Tables)

6 Months Ended

Jun. 30, 2021

SECURITIES

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


(In Thousands)		June 30, 2021
					Gross			Gross
					Unrealized			Unrealized
		Amortized			Holding			Holding			Fair
		Cost			Gains			Losses			Value

Obligations of the U.S. Treasury		$	22,981		$	106		$	(14)		$	23,073
Obligations of U.S. Government agencies			24,764			866			(257)			25,373
Obligations of states and political subdivisions:
Tax-exempt			127,122			5,258			(70)			132,310
Taxable			58,921			1,849			(242)			60,528
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities			50,397			1,039			(108)			51,328
Residential collateralized mortgage obligations			44,536			1,042			(3)			45,575
Commercial mortgage-backed securities			51,555			2,334			(195)			53,694
Total available-for-sale debt securities		$	380,276		$	12,494		$	(889)		$	391,881


(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


June 30, 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		$	6,994		$	(14)		$	0		$	0		$	6,994		$	(14)
Obligations of U.S. Government agencies			12,242			(257)			0			0			12,242			(257)
Obligations of states and political subdivisions:
Tax-exempt			11,127			(70)			0			0			11,127			(70)
Taxable			11,957			(230)			531			(12)			12,488			(242)
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities			19,905			(108)			0			0			19,905			(108)
Residential collateralized mortgage obligations			5,210			(3)			0			0			5,210			(3)
Commercial mortgage-backed securities			7,987			(195)			0			0			7,987			(195)
Total temporarily impaired available-for-sale debt securities		$	75,422		$	(877)		$	531		$	(12)		$	75,953		$	(889)


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						Six Months Ended
		June 30,			June 30,			June 30,			June 30,
		2021			2020			2021			2020
Gross realized gains from sales		$	4		$	0		$	4		$	52
Gross realized losses from sales			(2)			0			(2)			(52)
Net realized gains		$	2		$	0		$	2		$	0

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


(In Thousands)		June 30, 2021
		Amortized			Fair
		Cost			Value
Due in one year or less		$	14,515		$	14,605
Due from one year through five years			48,413			49,640
Due from five years through ten years			55,176			57,185
Due after ten years			115,684			119,854
Sub-total			233,788			241,284
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies:
Residential pass-through securities			50,397			51,328
Residential collateralized mortgage obligations			44,536			45,575
Commercial mortgage-backed securities			51,555			53,694
Total		$	380,276		$	391,881