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Note 4 - Securities (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]

September 30, 2025

 

Amortized
Cost

 

 

Gross
Unrealized
Gains

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

U.S. government agencies and corporations

 

$

322,309

 

 

$

-

 

 

$

26,437

 

 

$

295,872

 

States and political subdivisions

 

 

177,617

 

 

 

-

 

 

 

25,612

 

 

 

152,005

 

Mortgage-backed securities

 

 

181,664

 

 

 

32

 

 

 

4,033

 

 

 

177,663

 

Corporate debt securities

 

 

5,507

 

 

 

-

 

 

 

564

 

 

 

4,943

 

Total securities available for sale

 

$

687,097

 

 

$

32

 

 

$

56,646

 

 

$

630,483

 

 

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

 

Gain (Loss) on Securities [Table Text Block]

 

 

Less Than 12 Months

 

 

12 Months or More

 

September 30, 2025

 

Fair
Value

 

 

Gross
Unrealized
Losses

 

 

Fair
Value

 

 

Gross
Unrealized
Losses

 

U.S. government agencies and corporations

 

$

-

 

 

$

-

 

 

$

295,872

 

 

$

26,437

 

State and political subdivisions

 

 

-

 

 

 

-

 

 

 

151,620

 

 

 

25,612

 

Mortgage-backed securities

 

 

50,254

 

 

 

396

 

 

 

101,193

 

 

 

3,637

 

Corporate debt securities

 

 

-

 

 

 

-

 

 

 

4,943

 

 

 

564

 

Total temporarily impaired securities

 

$

50,254

 

 

$

396

 

 

$

553,628

 

 

$

56,250

 

 

 

 

Less Than 12 Months

 

 

12 Months or More

 

December 31, 2024

 

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

 

Investments Classified by Contractual Maturity Date [Table Text Block]

September 30, 2025

 

Amortized Cost

 

 

Fair Value

 

Available for Sale:

 

 

 

 

 

 

Due in one year or less

 

$

21,930

 

 

$

21,781

 

Due after one year through five years

 

 

224,100

 

 

 

213,221

 

Due after five years through ten years

 

 

223,667

 

 

 

196,423

 

Due after ten years

 

 

217,400

 

 

 

199,058

 

Total securities available for sale

 

$

687,097

 

 

$

630,483