XML 91 R35.htm IDEA: XBRL DOCUMENT
v3.22.4

SECURITIES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
SECURITIES |
Schedule of amortized cost and fair value of available-for-sale debt securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In Thousands) |  | December 31, 2022
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Unrealized | ​ | Unrealized | ​ | ​ | ​
​ |  | Amortized |  | Holding |  | Holding |  | Fair
​ |  | Cost |  | Gains |  | Losses |  | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Obligations of the U.S. Treasury | ​ | $ | 35,166 | ​ | $ | 0 | ​ | $ | (3,330) | ​ | $ | 31,836
Obligations of U.S. Government agencies | ​ | ​ | 25,938 | ​ | ​ | 0 | ​ | ​ | (2,508) | ​ | ​ | 23,430
Bank holding company debt securities | ​ | ​ | 28,945 | ​ | ​ | 0 | ​ | ​ | (3,559) | ​ | ​ | 25,386
Obligations of states and political subdivisions: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  |
Tax-exempt | ​ |  | 146,149 | ​ |  | 319 | ​ |  | (13,845) | ​ |  | 132,623
Taxable | ​ |  | 68,488 | ​ |  | 0 | ​ |  | (11,676) | ​ |  | 56,812
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential pass-through securities | ​ |  | 112,782 | ​ |  | 0 | ​ |  | (12,841) | ​ |  | 99,941
Residential collateralized mortgage obligations | ​ |  | 44,868 | ​ |  | 0 | ​ |  | (4,572) | ​ |  | 40,296
Commercial mortgage-backed securities | ​ |  | 91,388 | ​ |  | 0 | ​ |  | (11,702) | ​ |  | 79,686
Private label commercial mortgage-backed securities | ​ | ​ | 8,070 | ​ | ​ | 2 | ​ | ​ | (49) | ​ | ​ | 8,023
Total available-for-sale debt securities | ​ | $ | 561,794 | ​ | $ | 321 | ​ | $ | (64,082) | ​ | $ | 498,033
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In Thousands) |  | December 31, 2021
​ | ​ | ​ | ​ | ​ | Gross | ​ | Gross | ​ | ​ | ​
​ |  | ​ |  | Unrealized | ​ | Unrealized | ​ | ​ | ​
​ |  | Amortized |  | Holding |  | Holding |  | Fair
​ |  | Cost |  | Gains |  | Losses |  | Value
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Obligations of the U.S. Treasury | ​ | $ | 25,058 | ​ | $ | 52 | ​ | $ | (198) | ​ | $ | 24,912
Obligations of U.S. Government agencies | ​ | ​ | 23,936 | ​ | ​ | 563 | ​ | ​ | (408) | ​ | ​ | 24,091
Bank holding company debt securities | ​ | ​ | 18,000 | ​ | ​ | 18 | ​ | ​ | (31) | ​ | ​ | 17,987
Obligations of states and political subdivisions: | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  |
Tax-exempt | ​ |  | 143,427 | ​ |  | 4,749 | ​ |  | (148) | ​ |  | 148,028
Taxable | ​ |  | 72,182 | ​ |  | 1,232 | ​ |  | (649) | ​ |  | 72,765
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | ​ |  |  | ​ |  |  | ​ |  |  | ​ |  |
Residential pass-through securities | ​ |  | 98,048 | ​ |  | 705 | ​ |  | (572) | ​ |  | 98,181
Residential collateralized mortgage obligations | ​ |  | 44,015 | ​ |  | 437 | ​ |  | (205) | ​ |  | 44,247
Commercial mortgage-backed securities | ​ |  | 86,926 | ​ |  | 1,548 | ​ |  | (1,006) | ​ |  | 87,468
Total available-for-sale debt securities | ​ | $ | 511,592 | ​ | $ | 9,304 | ​ | $ | (3,217) | ​ | $ | 517,679
​
Schedule of gross unrealized losses and fair value of available-for-sale debt securities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31, 2022 |  | 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 | ​ | $ | 20,192 | ​ | $ | (1,939) | ​ | $ | 11,644 | ​ | $ | (1,391) | ​ | $ | 31,836 | ​ | $ | (3,330)
Obligations of U.S. Government agencies | ​ | ​ | 8,509 | ​ | ​ | (430) | ​ | ​ | 12,921 | ​ | ​ | (2,078) | ​ | ​ | 21,430 | ​ | ​ | (2,508)
Bank holding company debt securities | ​ | ​ | 14,248 | ​ | ​ | (1,697) | ​ | ​ | 11,138 | ​ | ​ | (1,862) | ​ | ​ | 25,386 | ​ | ​ | (3,559)
Obligations of states and political subdivisions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax-exempt | ​ | ​ | 106,204 | ​ | ​ | (11,023) | ​ | ​ | 15,153 | ​ | ​ | (2,822) | ​ | ​ | 121,357 | ​ | ​ | (13,845)
Taxable | ​ |  | 28,901 | ​ |  | (4,739) | ​ |  | 27,761 | ​ |  | (6,937) | ​ |  | 56,662 | ​ |  | (11,676)
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |
Residential pass-through securities | ​ | ​ | 45,410 | ​ | ​ | (4,226) | ​ | ​ | 54,531 | ​ | ​ | (8,615) | ​ | ​ | 99,941 | ​ | ​ | (12,841)
Residential collateralized mortgage obligations | ​ |  | 28,670 | ​ |  | (2,042) | ​ |  | 11,626 | ​ |  | (2,530) | ​ |  | 40,296 | ​ |  | (4,572)
Commercial mortgage-backed securities | ​ |  | 40,408 | ​ |  | (2,585) | ​ |  | 39,278 | ​ |  | (9,117) | ​ |  | 79,686 | ​ |  | (11,702)
Private label commercial mortgage-backed securities | ​ | ​ | 4,762 | ​ | ​ | (49) | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 4,762 | ​ | ​ | (49)
Total temporarily impaired available-for-sale debt securities | ​ | $ | 297,304 | ​ | $ | (28,730) | ​ | $ | 184,052 | ​ | $ | (35,352) | ​ | $ | 481,356 | ​ | $ | (64,082)
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 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 | ​ | $ | 18,886 | ​ | $ | (198) | ​ | $ | 0 | ​ | $ | 0 | ​ | $ | 18,886 | ​ | $ | (198)
Obligations of U.S. Government agencies | ​ | ​ | 9,735 | ​ | ​ | (264) | ​ | ​ | 4,856 | ​ | ​ | (144) | ​ | ​ | 14,591 | ​ | ​ | (408)
Bank holding company debt securities | ​ | ​ | 12,969 | ​ | ​ | (31) | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 12,969 | ​ | ​ | (31)
Obligations of states and political subdivisions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Tax-exempt | ​ | ​ | 17,852 | ​ | ​ | (141) | ​ | ​ | 549 | ​ | ​ | (7) | ​ | ​ | 18,401 | ​ | ​ | (148)
Taxable | ​ |  | 31,261 | ​ |  | (517) | ​ |  | 3,277 | ​ |  | (132) | ​ |  | 34,538 | ​ |  | (649)
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | ​ |  |  | ​ |  |  | ​ |  | ​ | ​ |  |  | ​ |  |  | ​ |  |
Residential pass-through securities | ​ | ​ | 71,451 | ​ | ​ | (572) | ​ | ​ | 0 | ​ | ​ | 0 | ​ | ​ | 71,451 | ​ | ​ | (572)
Residential collateralized mortgage obligations | ​ |  | 15,117 | ​ |  | (205) | ​ |  | 0 | ​ |  | 0 | ​ |  | 15,117 | ​ |  | (205)
Commercial mortgage-backed securities | ​ |  | 52,867 | ​ |  | (1,006) | ​ |  | 0 | ​ |  | 0 | ​ |  | 52,867 | ​ |  | (1,006)
Total temporarily impaired available-for-sale debt securities | ​ | $ | 230,138 | ​ | $ | (2,934) | ​ | $ | 8,682 | ​ | $ | (283) | ​ | $ | 238,820 | ​ | $ | (3,217)
​
Schedule of gross realized gains and losses from available-for-sale | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(In Thousands) | ​ | 2022 | ​ | 2021 | ​ | 2020
Gross realized gains from sales | ​ | $ | 48 | ​ | $ | 27 | ​ | $ | 222
Gross realized losses from sales | ​ |  | (28) | ​ |  | (3) | ​ |  | (53)
Net realized gains | ​ | $ | 20 | ​ | $ | 24 | ​ | $ | 169
Income tax provision related to net realized gains | ​ | $ | 4 | ​ | $ | 5 | ​ | $ | 35
​
Schedule of the amortized cost and fair value of available-for-sale debt securities by contractual maturity | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
(In Thousands) | ​ | December 31, 2022
​ | ​ | Amortized | ​ | Fair
​ |  | Cost |  | Value
Due in one year or less | ​ | $ | 13,568 | ​ | $ | 13,431
Due from one year through five years | ​ |  | 74,983 | ​ |  | 70,160
Due from five years through ten years | ​ |  | 89,023 | ​ |  | 79,404
Due after ten years | ​ |  | 127,112 | ​ |  | 107,092
Sub-total | ​ |  | 304,686 | ​ |  | 270,087
Mortgage-backed securities issued or guaranteed by U.S. Government agencies or sponsored agencies: | ​ |  |  | ​ |  |
Residential pass-through securities | ​ |  | 112,782 | ​ |  | 99,941
Residential collateralized mortgage obligations | ​ |  | 44,868 | ​ |  | 40,296
Commercial mortgage-backed securities | ​ |  | 91,388 | ​ |  | 79,686
Private label commercial mortgage-backed securities | ​ | ​ | 8,070 | ​ | ​ | 8,023
Total | ​ | $ | 561,794 | ​ | $ | 498,033
​

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 https://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 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 realized gains and losses on investments reported in the statement of income. + References No definition available. + Details
Name: | us-gaap_RealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of unrealized gains and losses on investments. + References No definition available. + Details
Name: | us-gaap_UnrealizedGainLossOnInvestmentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration