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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

$