XML 35 R24.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Note 6 - Debt Securities (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

2024:

         

Gross

   

Gross

         
   

Amortized

    Unrealized    

Unrealized

    Estimated  
   

Cost

   

Gains

   

Losses

   

Fair Value

 
                                 

U.S. government treasuries

  $ 213,801     $ 8     $ (13,481 )   $ 200,328  

U.S. government agencies

    99,124       2       (6,861 )     92,265  

U.S. government mortgage-backed securities

    112,244       1       (14,086 )     98,159  

State and political subdivisions

    285,410       55       (22,610 )     262,855  

Corporate bonds

    75,102       5       (5,509 )     69,598  
    $ 785,681     $ 71     $ (62,547 )   $ 723,205  

2023:

         

Gross

   

Gross

         
   

Amortized

    Unrealized    

Unrealized

    Estimated  
   

Cost

   

Gains

   

Losses

   

Fair Value

 
                                 

U.S. government treasuries

  $ 213,646     $ 29     $ (13,587 )   $ 200,088  

U.S. government agencies

    99,455       2       (6,842 )     92,615  

U.S. government mortgage-backed securities

    115,988       -       (14,124 )     101,864  

State and political subdivisions

    292,475       93       (22,677 )     269,891  

Corporate bonds

    77,139       11       (5,219 )     71,931  
    $ 798,703     $ 135     $ (62,449 )   $ 736,389  
Investments Classified by Contractual Maturity Date [Table Text Block]
   

Amortized

   

Estimated

 
   

Cost

   

Fair Value

 
                 

Due in one year or less

  $ 93,493     $ 91,733  

Due after one year through five years

    387,739       361,233  

Due after five years through ten years

    183,240       163,988  

Due after ten years

    8,965       8,092  
    $ 673,437     $ 625,046  

U.S. government mortgage-backed securities

    112,244       98,159  

Total

  $ 785,681     $ 723,205  
Schedule of Realized Gain (Loss) [Table Text Block]
   

Three Months Ended

 
   

March 31,

 
   

2024

   

2023

 

Proceeds from sales of securities available-for-sale

  $ 2,049     $ -  

Gross realized gains on securities available-for-sale

    -       -  

Gross realized losses on securities available-for-sale

    (165 )     -  
Gain (Loss) on Securities [Table Text Block]
   

Less than 12 Months

   

12 Months or More

   

Total

 

2024:

 

Estimated

Fair Value

   

Unrealized

Losses

   

No. of Securities

   

Estimated

Fair Value

   

Unrealized

Losses

   

No. of Securities

   

Estimated

Fair Value

   

Unrealized

Losses

 
                                                                 

Securities available-for-sale:

                                                               

U.S. government treasuries

  $ 4,491     $ (19 )     2     $ 193,044     $ (13,462 )     118     $ 197,535     $ (13,481 )

U.S. government agencies

    1,913       (18 )     2       85,896       (6,843 )     75       87,809       (6,861 )

U.S. government mortgage-backed securities

    124       (1 )     1       97,580       (14,085 )     155       97,704       (14,086 )

State and political subdivisions

    9,083       (125 )     20       247,740       (22,485 )     473       256,823       (22,610 )

Corporate bonds

    3,115       (110 )     4       65,492       (5,399 )     81       68,607       (5,509 )
    $ 18,726     $ (273 )     29     $ 689,752     $ (62,274 )     902     $ 708,478     $ (62,547 )
   

Less than 12 Months

   

12 Months or More

   

Total

 

2023:

 

Estimated

Fair Value

   

Unrealized

Losses

   

No. of Securities

   

Estimated

Fair Value

   

Unrealized

Losses

   

No. of Securities

   

Estimated

Fair Value

   

Unrealized

Losses

 
                                                                 

Securities available-for-sale:

                                                               

U.S. government treasuries

  $ -     $ -       -     $ 196,432     $ (13,587 )     121     $ 196,432     $ (13,587 )

U.S. government agencies

    1,986       (11 )     2       90,137       (6,831 )     78       92,123       (6,842 )

U.S. government mortgage-backed securities

    467       (12 )     4       101,265       (14,112 )     155       101,732       (14,124 )

State and political subdivisions

    9,054       (73 )     18       251,286       (22,604 )     474       260,340       (22,677 )

Corporate bonds

    3,117       (108 )     4       67,816       (5,111 )     84       70,933       (5,219 )
    $ 14,624     $ (204 )     28     $ 706,936     $ (62,245 )     912     $ 721,560     $ (62,449 )