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Note 4 - Securities (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]

March 31, 2025

 

Amortized
Cost

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

U.S. government agencies and corporations

 

$

340,195

 

 

$

-

 

 

$

33,268

 

 

$

306,927

 

States and political subdivisions

 

 

177,944

 

 

 

-

 

 

 

30,332

 

 

 

147,612

 

Mortgage-backed securities

 

 

140,597

 

 

 

29

 

 

 

4,698

 

 

 

135,928

 

Corporate debt securities

 

 

6,508

 

 

 

-

 

 

 

722

 

 

 

5,786

 

Total securities available for sale

 

$

665,244

 

 

$

29

 

 

$

69,020

 

 

$

596,253

 

 

December 31, 2024

 

Amortized
Cost

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

U.S. government agencies and corporations

 

$

351,136

 

 

$

-

 

 

$

40,012

 

 

$

311,124

 

States and political subdivisions

 

 

178,106

 

 

 

-

 

 

 

32,372

 

 

 

145,734

 

Mortgage-backed securities

 

 

143,747

 

 

 

24

 

 

 

5,473

 

 

 

138,298

 

Corporate debt securities

 

 

6,507

 

 

 

-

 

 

 

764

 

 

 

5,743

 

U.S. treasury

 

 

1,000

 

 

 

-

 

 

 

1

 

 

 

999

 

Total securities available for sale

 

$

680,496

 

 

$

24

 

 

$

78,622

 

 

$

601,898

 

Investments Classified by Contractual Maturity Date [Table Text Block]

March 31, 2025

 

Amortized Cost

 

 

Fair Value

 

Available for Sale:

 

 

 

 

 

 

Due in one year or less

 

$

28,966

 

 

$

28,715

 

Due after one year through five years

 

 

220,924

 

 

 

208,049

 

Due after five years through ten years

 

 

233,126

 

 

 

199,321

 

Due after ten years

 

 

182,228

 

 

 

160,168

 

Total securities available for sale

 

$

665,244

 

 

$

596,253

 

Gain (Loss) on Securities [Table Text Block]

March 31, 2025

 

Less Than 12 Months

 

 

12 Months or More

 

 

Fair
Value

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

 

Gross
Unrealized
Losses

 

U.S. government agencies and corporations

 

$

-

 

 

$

-

 

 

$

306,927

 

 

$

33,268

 

State and political subdivisions

 

 

-

 

 

 

-

 

 

 

147,612

 

 

 

30,332

 

Mortgage-backed securities

 

 

1,386

 

 

 

18

 

 

 

109,515

 

 

 

4,680

 

Corporate debt securities

 

 

-

 

 

 

-

 

 

 

5,786

 

 

 

722

 

Total temporarily impaired securities

 

$

1,386

 

 

$

18

 

 

$

569,840

 

 

$

69,002

 

 

December 31, 2024

 

Less Than 12 Months

 

 

12 Months or More

 

 

Fair
Value

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

 

Gross
Unrealized
Losses

 

U.S. government agencies and corporations

 

$

-

 

 

$

-

 

 

$

311,124

 

 

$

40,012

 

State and political subdivisions

 

 

885

 

 

 

118

 

 

 

144,849

 

 

 

32,254

 

Mortgage-backed securities

 

 

5,336

 

 

 

28

 

 

 

115,011

 

 

 

5,445

 

Corporate debt securities

 

 

-

 

 

 

-

 

 

 

5,743

 

 

 

764

 

U.S. treasury

 

 

-

 

 

 

-

 

 

 

999

 

 

 

1

 

Total temporarily impaired securities

 

$

6,221

 

 

$

146

 

 

$

577,726

 

 

$

78,476