XML 47 R31.htm IDEA: XBRL DOCUMENT v3.25.0.1
Securities (Tables)
12 Months Ended
Dec. 31, 2024
Securities [Abstract]  
Schedule of Amortized Cost Gross Unrealized Gains and Losses, and Fair Values of Securities

December 31, 2024

Gross

Gross

Allowance

Amortized

Unrealized

Unrealized

for Credit

Fair

Cost

Gains

Losses

Losses

Value

(In Thousands)

AVAILABLE FOR SALE:

U.S. Treasury securities

$

19,623

$

12

$

(37)

$

$

19,598

U.S. Government agencies

11,998

(634)

11,364

States and political subdivisions

106,677

(19,403)

87,274

Mortgage-backed securities-

government sponsored entities

301,992

115

(22,497)

279,610

Total debt securities

$

440,290

$

127

$

(42,571)

$

$

397,846

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

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, 2024

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

$

$

$

9,961

$

(37)

$

9,961

$

(37)

U.S. Government agencies

6,988

(10)

4,376

(624)

11,364

(634)

States and political subdivisions

1,164

(21)

85,620

(19,382)

86,784

(19,403)

Mortgage-backed securities-government sponsored entities

177,674

(1,313)

94,237

(21,184)

271,911

(22,497)

$

185,826

$

(1,344)

$

194,194

$

(41,227)

$

380,020

$

(42,571)

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)

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

$

19,623

$

19,598

Due after one year through five years

6,468

6,274

Due after five years through ten years

65,398

53,363

Due after ten years

46,809

39,001

138,298

118,236

Mortgage-backed securities - government sponsored entities

301,992

279,610

$

440,290

$

397,846