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Note 3 - Securities (Tables)
9 Months Ended
Sep. 30, 2024
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]

(dollars in thousands)

 

Amortized Cost

   

Gross

Unrealized

Gains

   

Gross Unrealized Losses

   

Fair Value

 

Available-for-sale securities:

                               

U.S. agencies

  $ 96,862     $ 226     $ (3,106 )   $ 93,982  

Collateralized mortgage obligations

    26,388       65       (355 )     26,098  

Municipalities

    322,063       1,671       (17,522 )     306,212  

SBA pools

    940       1       (1 )     940  

Corporate debt

    43,500       10       (2,477 )     41,033  

Asset backed securities

    49,637       59       (629 )     49,067  
    $ 539,390     $ 2,032     $ (24,090 )   $ 517,332  

(dollars in thousands)

 

Amortized Cost

   

Gross

Unrealized

Gains

   

Gross

Unrealized

Losses

   

Fair Value

 

Available-for-sale securities:

                               

U.S. agencies

  $ 84,678     $ 11     $ (4,430 )   $ 80,259  

Collateralized mortgage obligations

    9,108       0       (444 )     8,664  

Municipalities

    345,981       2,792       (19,865 )     328,908  

SBA pools

    1,394       3       (2 )     1,395  

Corporate debt

    47,500       9       (3,992 )     43,517  

Asset backed securities

    56,613       133       (1,411 )     55,335  
    $ 545,274     $ 2,948     $ (30,144 )   $ 518,078  
Gain (Loss) on Securities [Table Text Block]

(dollars in thousands)

         

Less than 12 months

   

12 months or more

   

Total

 

Description of Securities

 

Number

of

Securities

   

Fair

Value

   

Unrealized Loss

   

Fair

Value

   

Unrealized Loss

   

Fair

Value

   

Unrealized Loss

 

U.S. agencies

    37     $ 4,966     $ (119 )   $ 57,899     $ (2,987 )   $ 62,865     $ (3,106 )

Collateralized mortgage obligations

    6       8,286       (7 )     3,568       (348 )     11,854       (355 )

Municipalities

    93       28,246       (139 )     183,696       (17,383 )     211,942       (17,522 )

SBA pools

    3       128       0       160       (1 )     288       (1 )

Corporate debt

    11       0       0       39,023       (2,477 )     39,023       (2,477 )

Asset backed securities

    14       8,143       (21 )     17,625       (608 )     25,768       (629 )

Total temporarily impaired securities

    164     $ 49,769     $ (286 )   $ 301,971     $ (23,804 )   $ 351,740     $ (24,090 )

(dollars in thousands)

         

Less than 12 months

   

12 months or more

   

Total

 

Description of Securities

 

Number

of

Securities

   

Fair Value

   

Unrealized Loss

   

Fair Value

   

Unrealized Loss

   

Fair Value

   

Unrealized Loss

 

U.S. agencies

    51     $ 190     $ (3 )   $ 79,556     $ (4,427 )   $ 79,746     $ (4,430 )

Collateralized mortgage obligations

    6       4,791       (1 )     3,873       (443 )     8,664       (444 )

Municipalities

    106       44,859       (453 )     178,812       (19,412 )     223,671       (19,865 )

SBA pools

    4       116       0       472       (2 )     588       (2 )

Corporate debt

    13       0       0       41,508       (3,992 )     41,508       (3,992 )

Asset backed securities

    19       2,123       (8 )     32,535       (1,403 )     34,658       (1,411 )

Total temporarily impaired securities

    199     $ 52,079     $ (465 )   $ 336,756     $ (29,679 )   $ 388,835     $ (30,144 )
Investments Classified by Contractual Maturity Date [Table Text Block]

(dollars in thousands)

 

Amortized

   

Fair

 
   

Cost

   

Value

 

Available-for-sale securities:

               

Due in one year or less

  $ 89,461     $ 86,651  

Due after one year through five years

    155,826       153,114  

Due after five years through ten years

    185,793       172,544  

Due after ten years

    108,310       105,023  
    $ 539,390     $ 517,332