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Note 3 - Investment Securities (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Marketable Securities [Table Text Block]
           

Gross

   

Gross

         
   

Amortized

   

Unrealized

   

Unrealized

   

Fair

 

(In thousands)

 

Cost

   

Gains

   

Losses

   

Value

 
                                 

March 31, 2025

                               

Securities available for sale:

                               

Agency mortgage-backed securities

  $ 78,033     $ 106     $ 6,938     $ 71,201  

Agency CMO

    64,236       502       222       64,516  

Agency notes and bonds

    111,629       18       3,632       108,015  

Treasury notes and bonds

    16,828       -       135       16,693  

Municipal obligations

    146,525       396       15,628       131,293  
                                 

Total securities available for sale

  $ 417,251     $ 1,022     $ 26,555     $ 391,718  
                                 

Securities held to maturity:

                               

Other debt securities:

                               

Corporate notes

  $ 7,000     $ -     $ 2,409     $ 4,591  
                                 

Total securities held to maturity

  $ 7,000     $ -     $ 2,409     $ 4,591  
                                 

December 31, 2024

                               

Securities available for sale:

                               

Agency mortgage-backed securities

  $ 76,295     $ -     $ 8,354     $ 67,941  

Agency CMO

    47,821       197       500       47,518  

Agency notes and bonds

    122,834       6       4,760       118,080  

Treasury notes and bonds

    21,803       -       254       21,549  

Municipal obligations

    150,182       171       16,198       134,155  
                                 

Total securities available for sale

  $ 418,935     $ 374     $ 30,066     $ 389,243  
                                 

Securities held to maturity:

                               

Other debt securities:

                               

Corporate notes

  $ 7,000     $ -     $ 2,409     $ 4,591  
                                 

Total securities held to maturity

  $ 7,000     $ -     $ 2,409     $ 4,591  
Investments Classified by Contractual Maturity Date [Table Text Block]
   

Securities Available for Sale

   

Securities Held to Maturity

 
   

Amortized

   

Fair

   

Amortized

   

Fair

 
   

Cost

   

Value

   

Cost

   

Value

 

(In thousands)

                               
                                 

Due in one year or less

  $ 69,148     $ 67,850     $ -     $ -  

Due after one year through five years

    77,427       73,803       -       -  

Due after five years through ten years

    61,762       55,648       2,000       1,324  

Due after ten years

    66,645       58,700       5,000       3,267  
      274,982       256,001       7,000       4,591  

Mortgage-backed securities and CMO

    142,269       135,717       -       -  
                                 
    $ 417,251     $ 391,718     $ 7,000     $ 4,591  
Unrealized Gain (Loss) on Investments [Table Text Block]
   

Number of

           

Gross

 
   

Investment

   

Fair

   

Unrealized

 
   

Positions

   

Value

   

Losses

 

(Dollars in thousands)

                       

March 31, 2025:

                       

Securities available for sale:

                       

Continuous loss position less than twelve months:

                       

Agency mortgage-backed securities

    1     $ 928     $ 1  

Agency CMO

    3       6,654       60  

Agency notes and bonds

    2       1,992       9  

Muncipal obligations

    23       11,738       247  

Total less than twelve months

    29       21,312       317  
                         

Continuous loss position more than twelve months:

                       

Agency mortgage-backed securities

    93       58,330       6,937  

Agency CMO

    20       5,127       162  

Agency notes and bonds

    42       104,127       3,623  

Treasury notes and bonds

    7       16,693       135  

Muncipal obligations

    187       97,944       15,381  

Total more than twelve months

    349       282,221       26,238  
                         

Total securities available for sale

    378     $ 303,533     $ 26,555  
                         

Securities held to maturity:

                       

Continuous loss position more than twelve months:

                       

Corporate notes

    4     $ 4,591     $ 2,409  

Total more than twelve months

    4       4,591       2,409  
                         

Total securities held to maturity

    4     $ 4,591     $ 2,409  
   

Number of

           

Gross

 
   

Investment

   

Fair

   

Unrealized

 
   

Positions

   

Value

   

Losses

 

(Dollars in thousands)

                       

December 31, 2024:

                       

Securities available for sale:

                       

Continuous loss position less than twelve months:

                       

Agency mortgage-backed securities

    7     $ 8,008     $ 93  

Agency CMO

    11       19,211       215  

Agency notes and bonds

    7       4,830       57  

Muncipal obligations

    39       18,880       334  

Total less than twelve months

    64       50,929       699  
                         

Continuous loss position more than twelve months:

                       

Agency mortgage-backed securities

    93       59,933       8,261  

Agency CMO

    22       7,271       285  

Agency notes and bonds

    45       112,046       4,703  

Treasury notes and bonds

    8       21,549       254  

Muncipal obligations

    196       103,201       15,864  

Total more than twelve months

    364       304,000       29,367  
                         

Total securities available for sale

    428     $ 354,929     $ 30,066  
                         

Securities held to maturity:

                       

Continuous loss position less than twelve months:

                       

Corporate notes

    4     $ 4,591     $ 2,409  

Total less than twelve months

    4       4,591       2,409  
                         
                         

Total securities held to maturity

    4     $ 4,591     $ 2,409