v3.25.1
Note 2 - Securities (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Fair

 

(Dollars in thousands)

 Cost  Gains  Losses  Value 

March 31, 2025

                

U.S. Government agency debt obligations

 $583,732  $1,380  $(37,703) $547,409 

Mortgage-backed securities

  30,848   8   (5,674)  25,182 

Municipal general obligation bonds

  192,160   483   (7,853)  184,790 

Municipal revenue bonds

  31,820   119   (2,237)  29,702 

Other investments

  500   0   0   500 
                 
  $839,060  $1,990  $(53,467) $787,583 
                 

December 31, 2024

                

U.S. Government agency debt obligations

 $542,676  $131  $(47,226) $495,581 

Mortgage-backed securities

  31,696   4   (6,332)  25,368 

Municipal general obligation bonds

  187,484   513   (7,827)  180,170 

Municipal revenue bonds

  31,066   89   (2,422)  28,733 

Other investments

  500   0   0   500 
                 
  $793,422  $737  $(63,807) $730,352 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
  

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 

(Dollars in thousands)

 Value  Loss  Value  Loss  Value  Loss 

March 31, 2025

                        

U.S. Government agency debt obligations

 $76,302  $685  $361,528  $37,018  $437,830  $37,703 

Mortgage-backed securities

  12   0   24,625   5,674   24,637   5,674 

Municipal general obligation bonds

  52,177   1,486   101,963   6,367   154,140   7,853 

Municipal revenue bonds

  2,369   21   20,967   2,216   23,336   2,237 

Other investments

  0   0   0   0   0   0 
                         
  $130,860  $2,192  $509,083  $51,275  $639,943  $53,467 
  

Less than 12 Months

  

12 Months or More

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 

(Dollars in thousands)

 Value  Loss  Value  Loss  Value  Loss 

December 31, 2024

                        

U.S. Government agency debt obligations

 $113,942  $2,379  $361,171  $44,847  $475,113  $47,226 

Mortgage-backed securities

  194   1   24,865   6,331   25,059   6,332 

Municipal general obligation bonds

  63,387   1,117   92,153   6,710   155,540   7,827 

Municipal revenue bonds

  2,840   28   21,865   2,394   24,705   2,422 

Other investments

  0   0   0   0   0   0 
                         
  $180,363  $3,525  $500,054  $60,282  $680,417  $63,807 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Amortized

  

Fair

 

(Dollars in thousands)

 

Cost

  

Value

 
         

Due in 2025

 $51,895  $51,218 

Due in 2026 through 2030

  456,080   432,090 

Due in 2031 through 2035

  253,116   232,846 

Due in 2036 and beyond

  46,621   45,747 

Mortgage-backed securities

  30,848   25,182 

Other investments

  500   500 
         

Total available for sale securities

 $839,060  $787,583