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Securities (Tables)

12 Months Ended

Dec. 31, 2022

Securities

Summary of available for sale debt securities

December 31, 2022

Gross

Gross

Amortized

Unrealized

Unrealized

(Dollars in thousands)

Cost

Gains

Losses

Fair Value

U.S. Treasury securities

$

60,886

$

—

$

(2,053)

$

58,833

U.S. government agencies and corporations

143,241

—

(12,967)

130,274

Mortgage-backed securities

200,393

65

(20,540)

179,918

Obligations of states and political subdivisions

127,317

300

(6,790)

120,827

Corporate and other debt securities

25,291

—

(2,552)

22,739

$

557,128

$

365

$

(44,902)

$

512,591


		December 31, 2021
					Gross			Gross
		Amortized			Unrealized			Unrealized
(Dollars in thousands)		Cost			Gains			Losses			Fair Value
U.S. government agencies and corporations		$	69,583		$	41		$	(1,339)		$	68,285
Mortgage-backed securities			189,985			1,565			(1,201)			190,349
Obligations of states and political subdivisions			91,304			1,642			(280)			92,666
Corporate and other debt securities			21,648			246			(121)			21,773
		$	372,520		$	3,494		$	(2,941)		$	373,073

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


		December 31, 2022
		Amortized
(Dollars in thousands)		Cost			Fair Value
Due in one year or less		$	120,590		$	113,350
Due after one year through five years			276,622			257,306
Due after five years through ten years			152,015			134,619
Due after ten years			7,901			7,316
		$	557,128		$	512,591

Schedule of gross realized gains and losses and the proceeds


		Year Ended December 31,
(Dollars in thousands)		2022			2021			2020
Realized gains from sales, maturities and calls of securities:
Gross realized gains		$	—		$	42		$	38
Gross realized losses			—			—			—
Net realized gains		$	—		$	42		$	38
Proceeds from sales, maturities, calls and paydowns of securities		$	55,328		$	114,019		$	123,741

Schedule of securities in an unrealized loss position

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

$

50,556

$

1,368

$

8,277

$

685

$

58,833

$

2,053

U.S. government agencies and corporations

71,948

1,578

58,326

11,389

130,274

12,967

Mortgage-backed securities

73,301

5,441

104,563

15,099

177,864

20,540

Obligations of states and political subdivisions

60,838

2,434

32,120

4,356

92,958

6,790

Corporate and other debt securities

15,049

1,702

6,681

850

21,730

2,552

Total temporarily impaired securities

$

271,692

$

12,523

$

209,967

$

32,379

$

481,659

$

44,902


		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