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Securities (Tables)
3 Months Ended
Mar. 31, 2023
Securities [Abstract]  
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities

March 31, 2023

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

for Credit

Fair

Cost

Gains

Losses

Losses

Value

(In Thousands)

Available for Sale:

U.S. Treasury securities

$

45,106

$

-

$

(2,674)

$

-

$

42,432

U.S. Government agencies

21,296

-

(2,656)

-

18,640

States and political subdivisions

153,899

(24,450)

-

129,449

Mortgage-backed securities-

-

government sponsored entities

261,920

(34,196)

-

227,724

Total debt securities

$

482,221

$

$

(63,976)

$

-

$

418,245

December 31, 2022

Gross

Gross

Amortized

Unrealized

Unrealized

Fair

Cost

Gains

Losses

Value

(In Thousands)

Available for Sale:

U.S. Treasury securities

$

45,066

$

-

$

(3,212)

$

41,854

U.S. Government agencies

21,266

-

(2,943)

18,323

States and political subdivisions

157,524

2

(29,674)

127,852

Mortgage-backed securities-government

-

sponsored entities

268,400

-

(37,502)

230,898

Total debt securities

$

492,256

$

2

$

(73,331)

$

418,927

Schedule of Investments' Gross Unrealized Losses and Fair Value Aggregated by Security Type and Length of Time that Individual Securities have been in a Continuous Unrealized Loss Position

March 31, 2023

Less than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Treasury securities

$

23,162

$

(449)

$

19,270

$

(2,225)

$

42,432

$

(2,674)

U.S. Government agencies

4,805

(91)

13,835

(2,565)

18,640

(2,656)

States and political subdivisions

16,673

(508)

110,786

(23,942)

127,459

(24,450)

Mortgage-backed securities-government sponsored entities

31,520

(1,675)

196,204

(32,521)

227,724

(34,196)

$

76,160

$

(2,723)

$

340,095

$

(61,253)

$

416,255

$

(63,976)

December 31, 2022

Less than 12 Months

12 Months or More

Total

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

Fair Value

Unrealized Losses

U.S. Treasury securities

$

25,733

$

(849)

$

16,121

$

(2,363)

$

41,854

$

(3,212)

U.S. Government agencies

8,321

(885)

10,002

(2,058)

18,323

(2,943)

States and political subdivisions

66,680

(11,194)

57,367

(18,480)

124,047

(29,674)

Mortgage-backed securities-government sponsored entities

102,361

(10,639)

128,537

(26,863)

230,898

(37,502)

$

203,095

$

(23,567)

$

212,027

$

(49,764)

$

415,122

$

(73,331)

Schedule of Amortized Cost and Fair Value of Debt Securities by Contractual Maturity

Available for Sale

Amortized Cost

Fair Value

(In Thousands)

Due in one year or less

$

8,861

$

8,760

Due after one year through five years

44,287

41,964

Due after five years through ten years

53,101

44,528

Due after ten years

114,052

95,269

220,301

190,521

Mortgage-backed securities-government sponsored entities

261,920

227,724

$

482,221

$

418,245

Gross Realized Gains and Losses on Sales of Securities Available-for-Sale

Three Months

Ended March 31,

2023

2022

Gross realized gains

$

4

$

Gross realized losses

(2)

Net realized gain

$

2

$

Proceeds from sales of securities

$

1,982

$