XML 51 R31.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Investment Securities (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Investments, Debt and Equity Securities [Abstract] |
Schedule of Available for Sale Securities | The amortized cost and estimated fair value of securities available for sale along with gross unrealized gains and losses are summarized as follows:
(dollars in thousands) | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
December 31, 2021 |  |  |  |  |  |  |
U.S. treasury securities | $ | 88,638 |  |  | $ | — |  |  | $ | (1,087) |  |  | $ | 87,551 |
U.S. agency | 17,916 |  |  | 5 |  |  | (140) |  |  | 17,781 |
State, county and municipal securities | 252,632 |  |  | 877 |  |  | (3,356) |  |  | 250,153 |
Corporate debt securities | 48,153 |  |  | 520 |  |  | (265) |  |  | 48,408 |
Mortgage-backed securities | 539,172 |  |  | 2,160 |  |  | (7,061) |  |  | 534,271 |
Total debt securities | $ | 946,511 |  |  | $ | 3,562 |  |  | $ | (11,909) |  |  | $ | 938,164 |
(dollars in thousands) | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Fair Value
December 31, 2020 |  |  |  |  |  |  |
U.S. treasury securities | $ | 245 |  |  | $ | — |  |  | $ | — |  |  | $ | 245 |
U.S. agency | 1,000 |  |  | 4 |  |  | — |  |  | 1,004 |
State, county and municipal securities | 61,298 |  |  | 1,155 |  |  | (65) |  |  | 62,388 |
Corporate debt securities | 4,250 |  |  | 1 |  |  | (1) |  |  | 4,250 |
Mortgage-backed securities | 305,438 |  |  | 7,837 |  |  | (348) |  |  | 312,927 |
Total debt securities | $ | 372,231 |  |  | $ | 8,997 |  |  | $ | (414) |  |  | $ | 380,814 |
Schedule of Unrealized Loss on Investments | The gross unrealized losses and estimated fair value of securities aggregated by category and length of time that securities have been in a continuous unrealized loss position are summarized as follows:
| Less Than 12 Months |  | 12 Months or More |  | Total
(dollars in thousands) | Estimated Fair Value |  | Unrealized Losses |  | Estimated Fair Value |  | Unrealized Losses |  | Estimated Fair Value |  | Unrealized Losses
December 31, 2021 |  |  |  |  |  |  |  |  |  |  |
U.S. treasury securities | $ | 87,302 |  |  | $ | (1,087) |  |  | $ | — |  |  | $ | — |  |  | $ | 87,302 |  |  | $ | (1,087) |
U.S. agency | 10,969 |  |  | (140) |  |  | — |  |  | — |  |  | 10,969 |  |  | (140) |
State, county and municipal securities | 180,551 |  |  | (3,131) |  |  | 5,970 |  |  | (225) |  |  | 186,521 |  |  | (3,356) |
Corporate debt securities | 31,977 |  |  | (265) |  |  | — |  |  | — |  |  | 31,977 |  |  | (265) |
Mortgage-backed securities | 377,413 |  |  | (6,421) |  |  | 21,129 |  |  | (640) |  |  | 398,542 |  |  | (7,061) |
Total debt securities | $ | 688,212 |  |  | $ | (11,044) |  |  | $ | 27,099 |  |  | $ | (865) |  |  | $ | 715,311 |  |  | $ | (11,909) |
December 31, 2020 |  |  |  |  |  |  |  |  |  |  |
State, county and municipal securities | $ | 8,282 |  |  | $ | (65) |  |  | $ | — |  |  | $ | — |  |  | $ | 8,282 |  |  | $ | (65) |
Corporate debt securities | 999 |  |  | (1) |  |  | — |  |  | — |  |  | 999 |  |  | (1) |
Mortgage-backed securities | 28,835 |  |  | (77) |  |  | 3,949 |  |  | (271) |  |  | 32,784 |  |  | (348) |
Total debt securities | $ | 38,116 |  |  | $ | (143) |  |  | $ | 3,949 |  |  | $ | (271) |  |  | $ | 42,065 |  |  | $ | (414) |
Schedule of Investments Classified by Contractual Maturity Date | This is often the case with mortgage-backed securities, which are disclosed separately in the table below.
| Securities Available for Sale
(dollars in thousands) | Amortized Cost |  | Fair Value
Due in one year or less | $ | 453 |  |  | $ | 453 |
Due after one year through five years | 49,599 |  |  | 49,622 |
Due after five years through ten years | 144,692 |  |  | 143,011 |
Due after ten years | 212,595 |  |  | 210,807 |
| $ | 407,339 |  |  | $ | 403,893 |
Mortgage-backed securities | 539,172 |  |  | 534,271 |
| $ | 946,511 |  |  | $ | 938,164 |

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 marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. + References No definition available. + Details
Name: | us-gaap_MarketableSecuritiesTextBlock
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