Securities

Schedule of amortized cost and estimated fair value of securities, by the earlier of contractual maturity or expected maturity


	March 31, 2022
	Amortized
(Dollars in thousands)	Cost		Fair Value
Due in one year or less	$	56,457	$	53,744
Due after one year through five years		278,190		268,883
Due after five years through ten years		94,042		88,462
Due after ten years		4,885		4,443
	$	433,574	$	415,532

Schedule of securities in an unrealized loss position

Securities in an unrealized loss position at March 31, 2022, by duration of the period of the unrealized loss, are shown below.

Less Than 12 Months

12 Months or More

Total

Fair

Unrealized

Fair

Unrealized

Fair

Unrealized

(Dollars in thousands)

Value

Loss

Value

Loss

Value

Loss

U.S. Treasury securities

$

24,200

$

519

$

—

$

—

$

24,200

$

519

U.S. government agencies and corporations

41,083

2,599

29,078

3,213

70,161

5,812

Mortgage-backed securities

151,040

7,102

26,199

1,737

177,239

8,839

Obligations of states and political subdivisions

54,328

2,408

6,875

534

61,203

2,942

Corporate and other debt securities

16,520

488

963

36

17,483

524

Total temporarily impaired securities

$

287,171

$

13,116

$

63,115

$

5,520

$

350,286

$

18,636

Securities in an unrealized loss position at December 31, 2021, by duration of the period of the unrealized loss, are shown below.


	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
(Dollars in thousands)	Value		Loss		Value		Loss		Value		Loss
U.S. government agencies and corporations	$	46,561	$	945	$	10,604	$	394	$	57,165	$	1,339
Mortgage-backed securities		126,873		1,127		5,178		74		132,051		1,201
Obligations of states and political subdivisions		16,578		224		2,703		56		19,281		280
Corporate and other debt securities		8,925		121		—		—		8,925		121
Total temporarily impaired securities	$	198,937	$	2,417	$	18,485	$	524	$	217,422	$	2,941