Securities

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


	June 30, 2023
	Amortized
(Dollars in thousands)	Cost		Fair Value
Due in one year or less	$	105,361	$	103,859
Due after one year through five years		202,614		187,011
Due after five years through ten years		200,929		178,749
Due after ten years		24,556		21,265
	$	533,460	$	490,884

Schedule of securities in an unrealized loss position

Securities in an unrealized loss position at June 30, 2023, 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

$

—

$

—

$

52,018

$

1,652

$

52,018

$

1,652

U.S. government agencies and corporations

7,367

2

106,891

11,529

114,258

11,531

Mortgage-backed securities

13,295

452

155,560

19,093

168,855

19,545

Obligations of states and political subdivisions

37,749

483

63,862

5,928

101,611

6,411

Corporate and other debt securities

1,808

212

18,498

3,714

20,306

3,926

Total temporarily impaired securities

$

60,219

$

1,149

$

396,829

$

41,916

$

457,048

$

43,065

Securities in an unrealized loss position at December 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	$	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