XML 37 R28.htm IDEA: XBRL DOCUMENT
v3.23.2

Securities (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2023
Securities [Abstract] |
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities |
| June 30, 2023
|  |  |  | Gross |  | Gross |  |  | Allowance |  |  |
| Amortized |  | Unrealized |  | Unrealized |  |  | for Credit |  | Fair
| Cost |  | Gains |  | Losses |  |  | Losses |  | Value
| (In Thousands)
Available for Sale: |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. Treasury securities | $ | 45,147 |  | $ | - |  | $ | (3,178) |  | $ | - |  | $ | 41,969
U.S. Government agencies |  | 21,325 |  |  | - |  |  | (2,818) |  |  | - |  |  | 18,507
States and political subdivisions |  | 152,140 |  |  | - |  |  | (25,621) |  |  | - |  |  | 126,519
Mortgage-backed securities- |  |  |  |  |  |  |  |  |  |  |  |  |  |
government sponsored entities |  | 254,410 |  |  | - |  |  | (37,784) |  |  | - |  |  | 216,626
Total debt securities | $ | 473,022 |  | $ | - |  | $ | (69,401) |  | $ | - |  | $ | 403,621
| 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 |
| June 30, 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 | $ | 17,350 |  | $ | (415) |  | $ | 24,619 |  | $ | (2,763) |  | $ | 41,969 |  | $ | (3,178)
U.S. Government agencies |  | 4,783 |  |  | (112) |  |  | 13,724 |  |  | (2,706) |  |  | 18,507 |  |  | (2,818)
States and political subdivisions |  | 8,013 |  |  | (253) |  |  | 118,016 |  |  | (25,368) |  |  | 126,029 |  |  | (25,621)
Mortgage-backed securities-government sponsored entities |  | 24,147 |  |  | (1,630) |  |  | 192,479 |  |  | (36,154) |  |  | 216,626 |  |  | (37,784)
| $ | 54,293 |  | $ | (2,410) |  | $ | 348,838 |  | $ | (66,991) |  | $ | 403,131 |  | $ | (69,401)
| 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 | $ | 11,727 |  | $ | 11,588
Due after one year through five years |  | 43,492 |  |  | 40,448
Due after five years through ten years |  | 54,494 |  |  | 44,947
Due after ten years |  | 108,899 |  |  | 90,012
|  | 218,612 |  |  | 186,995
Mortgage-backed securities-government sponsored entities |  | 254,410 |  |  | 216,626
| $ | 473,022 |  | $ | 403,621
Gross Realized Gains and Losses on Sales of Securities Available-for-Sale |
| Three Months |  | Six Months
| Ended June 30, |  | Ended June 30,
| 2023 |  | 2022 |  | 2023 |  | 2022
Gross realized gains | $ | — |  | $ | — |  | $ | 4 |  | $ | —
Gross realized losses |  | (212) |  |  | — |  |  | (213) |  |  | —
Net realized gains (losses) | $ | (212) |  | $ | — |  | $ | (209) |  | $ | —
Proceeds from sales of securities | $ | 1,363 |  | $ | — |  | $ | 3,345 |  | $ | —

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 fair value of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in unrealized loss position, without allowance for credit loss. Includes beneficial interest in securitized financial asset. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 55 -Paragraph 8 -URI https://asc.fasb.org/extlink&oid=121590138&loc=SL82922954-210456 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27290-111563 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 30 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=124269663&loc=SL82922888-210455 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionFairValueTableTextBlock
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_MarketableSecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the proceeds from sales of available-for-sale securities and the gross realized gains and gross realized losses that have been included in earnings as a result of those sales. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126970911&loc=d3e27357-111563 + Details
Name: | us-gaap_ScheduleOfRealizedGainLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration