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Available-for-Sale Securities (Tables)
12 Months Ended
Dec. 31, 2022
Available-for-Sale Securities [Abstract]  
Schedule of amortized cost and fair values with gross unrealized gains and losses of available-for-sale securities
       Gross   Gross     
($ in thousands)  Amortized   Unrealized   Unrealized     
   Cost   Gains   Losses   Fair Value 
December 31, 2022:                
U.S. Treasury and Government agencies  $7,636   $
               -
   $    (872)  $6,764 
Mortgage-backed securities   241,741    4    (35,910)   205,835 
State and political subdivisions   12,862    10    (1,769)   11,103 
Other corporate securities   17,200    
-
    (2,122)   15,078 
                     
Totals  $279,439   $14   $(40,673)  $238,780 

 

       Gross   Gross     
   Amortized   Unrealized   Unrealized     
   Cost   Gains   Losses   Fair Value 
December 31, 2021:                
U.S. Treasury and Government agencies  $8,986   $          135   $(16)  $9,105 
Mortgage-backed securities   231,057    614    (3,537)   228,134 
State and political subdivisions   12,352    536    (9)   12,879 
Other corporate securities   13,200    2    (61)   13,141 
                     
Totals  $265,595   $1,287   $(3,623)  $263,259 

 

Schedule of amortized cost and fair value of securities available-for-sale by contractual maturity
   Amortized   Fair 
($ in thousands)  Cost   Value 
         
Within one year  $1,092   $1,080 
Due after one year through five years   1,882    1,814 
Due after five years through ten years   25,490    22,470 
Due after ten years   9,234    7,581 
    37,698    32,945 
Mortgage-backed securities   241,741    205,835 
           
Totals  $279,439   $238,780 

 

Schedule of securities with unrealized losses
($ in thousands)  Less than 12 Months   12 Months or Longer   Total 
December 31, 2022  Fair Value   Unrealized
Losses
   Fair Value   Unrealized
Losses
   Fair Value   Unrealized
Losses
 
                         
U.S. Treasury and Government agencies  $3,788   $(452)  $2,974   $(420)  $6,762   $(872)
Mortgage-backed securities   52,351    (5,234)   153,055    (30,676)   205,406    (35,910)
State and political subdivisions   7,461    (1,370)   1,268    (399)   8,729    (1,769)
Other corporate securities   12,015    (1,736)   2,564    (386)   14,579    (2,122)
                               
Totals  $75,615   $(8,792)  $159,861   $(31,881)  $235,476   $(40,673)

 

   Less than 12 Months   12 Months or Longer   Total 
December 31, 2021  Fair Value   Unrealized
Losses
   Fair Value   Unrealized
Losses
   Fair Value   Unrealized
Losses
 
                         
U.S. Treasury and Government agencies  $3,397   $(16)  $
-
   $
-
   $3,397   $(16)
Mortgage-backed securities   183,727    (2,856)   18,566    (681)   202,293    (3,537)
State and political subdivisions   1,673    (9)   
-
    
-
    1,673    (9)
Other corporate securities   6,889    (61)   
-
    
-
    6,889    (61)
                               
Totals  $195,686   $(2,942)  $18,566   $(681)  $214,252   $(3,623)