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

December 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

$

55,968

$

14

$

(2,382)

$

$

53,600

U.S. Government agencies

18,486

(2,490)

15,996

States and political subdivisions

151,764

(22,285)

129,479

Mortgage-backed securities-

government sponsored entities

240,600

(33,416)

207,184

Total debt securities

$

466,818

$

14

$

(60,573)

$

$

406,259

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

December 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

$

$

$

40,833

$

(2,382)

$

40,833

$

(2,382)

U.S. Government agencies

15,996

(2,490)

15,996

(2,490)

States and political subdivisions

2,261

(12)

125,452

(22,273)

127,713

(22,285)

Mortgage-backed securities-government sponsored entities

207,184

(33,416)

207,184

(33,416)

$

2,261

$

(12)

$

389,465

$

(60,561)

$

391,726

$

(60,573)

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

Amortized

Fair

Cost

Value

(In Thousands)

Due in one year or less

$

28,999

$

28,836

Due after one year through five years

42,636

39,606

Due after five years through ten years

70,136

57,770

Due after ten years

84,447

72,863

226,218

199,075

Mortgage-backed securities - government sponsored entities

240,600

207,184

$

466,818

$

406,259