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Note 6 - Debt Securities (Tables)
6 Months Ended
Jun. 30, 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

 $222,047  $-  $(17,891) $204,156 

U.S. government agencies

  109,329   3   (8,769)  100,563 

U.S. government mortgage-backed securities

  124,494   2   (15,430)  109,066 

State and political subdivisions

  300,573   42   (27,160)  273,455 

Corporate bonds

  77,715   -   (6,435)  71,280 
  $834,158  $47  $(75,685) $758,520 

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

 $64,234  $62,668 

Due after one year through five years

  409,635   378,356 

Due after five years through ten years

  226,621   200,824 

Due after ten years

  9,174   7,606 
  $709,664  $649,454 

U.S. government mortgage-backed securities

  124,494   109,066 

Total

 $834,158  $758,520 
Schedule of Realized Gain (Loss) [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2023

  

2022

  

2023

  

2022

 

Proceeds from sales of securities available-for-sale

 $1,353  $-  $1,353  $535 

Gross realized gains on securities available-for-sale

  11   -   11   35 

Gross realized losses on securities available-for-sale

  (4)  -   (4)  - 
Schedule of Unrealized Loss on Investments [Table Text Block]
  

Less than 12 Months

  

12 Months or More

  

Total

 

2023:

 

Estimated

Fair Value

  

Unrealized

Losses

  

Estimated

Fair Value

  

Unrealized

Losses

  

Estimated

Fair Value

  

Unrealized

Losses

 
                         

Securities available-for-sale:

                        

U.S. government treasuries

 $3,901  $(56) $200,255  $(17,835) $204,156  $(17,891)

U.S. government agencies

  6,830   (186)  93,144   (8,583)  99,974   (8,769)

U.S. government mortgage-backed securities

  2,212   (79)  106,525   (15,351)  108,737   (15,430)

State and political subdivisions

  49,104   (1,366)  216,949   (25,794)  266,053   (27,160)

Corporate bonds

  11,018   (371)  58,762   (6,064)  69,780   (6,435)
  $73,065  $(2,058) $675,635  $(73,627) $748,700  $(75,685)
  

Less than 12 Months

  

12 Months or More

  

Total

 

2022:

 

Estimated

Fair Value

  

Unrealized

Losses

  

Estimated

Fair Value

  

Unrealized

Losses

  

Estimated

Fair Value

  

Unrealized

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)