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Note 6 - Debt Securities (Tables)
3 Months Ended
Mar. 31, 2023
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

2023:

     

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Estimated

 
  

Cost

  

Gains

  

Losses

  

Fair Value

 
                 

U.S. government treasuries

 $222,059  $-  $(16,546) $205,513 

U.S. government agencies

  110,426   3   (7,780)  102,649 

U.S. government mortgage-backed securities

  128,941   2   (14,817)  114,126 

State and political subdivisions

  317,306   141   (25,587)  291,860 

Corporate bonds

  80,851   3   (6,092)  74,762 
  $859,583  $149  $(70,822) $788,910 

2022:

     

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Estimated

 
  

Cost

  

Gains

  

Losses

  

Fair Value

 
                 

U.S. government treasuries

 $227,065  $-  $(19,468) $207,597 

U.S. government agencies

  110,370   4   (9,441)  100,933 

U.S. government mortgage-backed securities

  133,205   4   (16,468)  116,741 

State and political subdivisions

  317,179   27   (31,203)  286,003 

Corporate bonds

  82,177   7   (7,020)  75,164 
  $869,996  $42  $(83,600) $786,438 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Amortized

  

Estimated

 
  

Cost

  

Fair Value

 
         

Due in one year or less

 $49,835  $49,041 

Due after one year through five years

  411,718   384,474 

Due after five years through ten years

  256,813   230,655 

Due after ten years

  12,276   10,614 
  $730,642  $674,784 

U.S. government mortgage-backed securities

  128,941   114,126 

Total

 $859,583  $788,910 
Schedule of Realized Gain (Loss) [Table Text Block]
  

Three Months Ended

 
  

March 31,

 
  

2023

  

2022

 

Proceeds from sales of securities available-for-sale

 $-  $535 

Gross realized gains on securities available-for-sale

  -   35 

Gross realized losses on securities available-for-sale

  -   - 
Schedule of Unrealized Loss on Investments [Table Text Block]
  

Less than 12 Months

  

12 Months or More

  

Total

 
  Estimated  Unrealized  Estimated  Unrealized  Estimated  Unrealized 

2023:

 

Fair Value

  

Losses

  

Fair Value

  

Losses

  

Fair Value

  

Losses

 
                         

Securities available-for-sale:

                        

U.S. government treasuries

 $15,058  $(403) $190,455  $(16,143) $205,513  $(16,546)

U.S. government agencies

  16,815   (341)  85,231   (7,439)  102,046   (7,780)

U.S. government mortgage-backed securities

  9,232   (456)  104,381   (14,361)  113,613   (14,817)

State and political subdivisions

  65,599   (1,727)  209,541   (23,860)  275,140   (25,587)

Corporate bonds

  32,664   (1,313)  39,612   (4,779)  72,276   (6,092)
  $139,368  $(4,240) $629,220  $(66,582) $768,588  $(70,822)
  

Less than 12 Months

  

12 Months or More

  

Total

 
  Estimated  Unrealized  Estimated  Unrealized  Estimated  Unrealized 

2022:

 

Fair Value

  

Losses

  

Fair Value

  

Losses

  

Fair Value

  

Losses

 
                         

Securities available-for-sale:

                        

U.S. government treasuries

 $57,882  $(3,960) $147,215  $(15,508) $205,097  $(19,468)

U.S. government agencies

  61,821   (4,293)  38,492   (5,148)  100,313   (9,441)

U.S. government mortgage-backed securities

  45,440   (4,393)  70,854   (12,075)  116,294   (16,468)

State and political subdivisions

  181,640   (14,556)  97,907   (16,647)  279,547   (31,203)

Corporate bonds

  59,293   (4,281)  13,382   (2,739)  72,675   (7,020)
  $406,076  $(31,483) $367,850  $(52,117) $773,926  $(83,600)