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Available-For-Sale Securities (Tables)
6 Months Ended
Jun. 30, 2024
Available-for-Sale Securities [Abstract]  
Schedule of Amortized Cost and Appropriate Fair Values, Together With Gross Unrealized Gains and Losses, of Securities The amortized cost and appropriate fair values, together with gross unrealized gains and losses, of securities at June 30, 2024, and December 31, 2023, were as follows:
       Gross   Gross     
   Amortized   Unrealized   Unrealized     
($ in thousands)  Cost   Gains   Losses   Fair Value 
June 30, 2024                
                 
U.S. Treasury and Government agencies  $6,940   $
                -
   $(802)  $6,138 
Mortgage-backed securities   212,800    5    (35,186)   177,619 
State and political subdivisions   11,170    
-
    (1,507)   9,663 
Other corporate securities   17,200    
-
    (2,764)   14,436 
                     
Totals  $248,110   $5   $(40,259)  $207,856 
       Gross   Gross     
   Amortized   Unrealized   Unrealized     
   Cost   Gains   Losses   Fair Value 
December 31, 2023                
                 
U.S. Treasury and Government agencies  $7,339   $                 1   $(823)  $6,517 
Mortgage-backed securities   221,717    3    (32,853)   188,867 
State and political subdivisions   11,212    8    (1,322)   9,898 
Other corporate securities   17,200    
-
    (2,774)   14,426 
                     
Totals  $257,468   $12   $(37,772)  $219,708 
Schedule of Amortized Cost and Fair Value of Securities Available-For-Sale The amortized cost and fair value of securities available-for-sale at June 30, 2024, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties.
   Amortized   Fair 
($ in thousands)  Cost   Value 
         
Within one year  $956   $945 
Due after one year through five years   1,357    1,292 
Due after five years through ten years   25,421    21,692 
Due after ten years   7,576    6,308 
    35,310    30,237 
Mortgage-backed securities   212,800    177,619 
           
Totals  $248,110   $207,856 
Schedule of Securities With Unrealized Losses Securities with unrealized losses, aggregated by investment class and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2024, and December 31, 2023, are as follows:
($ in thousands)  Less than 12 Months   12 Months or Longer   Total 
June 30, 2024  Fair Value   Unrealized Losses   Fair Value   Unrealized Losses   Fair Value   Unrealized Losses 
                         
U.S. Treasury and Government agencies  $491   $(2)  $5,647   $(800)  $6,138   $(802)
Mortgage-backed securities   
-
    
-
    177,241    (35,186)   177,241    (35,186)
State and political subdivisions   1,321    (23)   8,342    (1,484)   9,663    (1,507)
Other corporate securities   363    (137)   14,073    (2,627)   14,436    (2,764)
                               
Totals  $2,175   $(162)  $205,303   $(40,097)  $207,478   $(40,259)
   Less than 12 Months   12 Months or Longer   Total 
December 31, 2023  Fair Value   Unrealized Losses   Fair Value   Unrealized Losses   Fair Value   Unrealized Losses 
                         
U.S. Treasury and Government agencies  $
           -
   $
                -
   $6,022   $(823)  $6,022   $(823)
Mortgage-backed securities   
-
    
-
    188,508    (32,853)   188,508    (32,853)
State and political subdivisions   
-
    
-
    8,541    (1,322)   8,541    (1,322)
Other corporate securities   
-
    
-
    13,926    (2,774)   13,926    (2,774)
                               
Totals  $
-
   $
-
   $216,997   $(37,772)  $216,997   $(37,772)