v3.25.2
Note 2 - Securities (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Available-for-sale and Held-to-Maturity Securities Reconciliation [Table Text Block]
  

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Estimated Fair Value

  

Allowance for Credit Losses

 
  

(In thousands)

 

Available for Sale

                    

Municipal bonds

 $92,800  $  $(15,476) $77,324  $ 

U.S. government agency issued asset-backed securities (ABS agency)

  12,408      (110)  12,298    

Corporate issued asset-backed securities (ABS corporate)

  13,070   40   (5)  13,105    

Corporate issued debt securities (Corporate debt)

  58,309   125   (2,674)  55,760    

U.S. Small Business Administration securities (SBA)

  7,480   34   (10)  7,504    

Mortgage-backed securities:

                    

U.S. government agency issued mortgage-backed securities (MBS agency)

  107,161   228   (11,375)  96,014    

Non-agency issued mortgage-backed securities (MBS non-agency)

  44,978   7   (3,475)  41,510    

Total securities available for sale

 $336,206  $434  $(33,125) $303,515  $ 
  

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Estimated Fair Value

  

Allowance for Credit Losses

 
  

(In thousands)

 

Available for Sale

                    

Municipal bonds

 $93,212  $  $(15,336) $77,876  $ 

ABS agency

  12,944   16   (84)  12,876    

ABS corporate

  16,065   62   (5)  16,122    

Corporate debt

  58,106   55   (3,670)  54,491    

SBA

  8,664   18   (16)  8,666    

Mortgage-backed securities:

                    

MBS agency

  111,372   83   (12,758)  98,697    

MBS non-agency

  75,902   4   (4,290)  71,616    

Total securities available for sale

 $376,265  $238  $(36,159) $340,344  $ 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
  

Less Than Twelve Months

  

Twelve Months or Longer

  

Total

 
  

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

 
  

(In thousands)

 

Available for Sale

                        

Municipal bonds

 $  $  $(15,476) $77,324  $(15,476) $77,324 

ABS agency

  (3)  3,243   (107)  9,055   (110)  12,298 

ABS corporate

  (1)  1,510   (4)  1,555   (5)  3,065 

Corporate debt

        (2,674)  41,285   (2,674)  41,285 

SBA

        (10)  901   (10)  901 

Mortgage-backed securities:

                        

MBS agency

  (161)  7,613   (11,214)  55,175   (11,375)  62,788 

MBS non-agency

  (36)  4,330   (3,439)  34,163   (3,475)  38,493 

Total available-for-sale in a loss position

 $(201) $16,696  $(32,924) $219,458  $(33,125) $236,154 
  

Less Than Twelve Months

  

Twelve Months or Longer

  

Total

 
  

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

 
  

(In thousands)

 

Available for Sale

                        

Municipal bonds

 $  $  $(15,336) $77,876  $(15,336) $77,876 

ABS agency

  (21)  2,957   (63)  6,311   (84)  9,268 

ABS corporate

        (5)  2,798   (5)  2,798 

Corporate debt

        (3,670)  46,355   (3,670)  46,355 

SBA

  (16)  3,093         (16)  3,093 

Mortgage-backed securities:

                        

MBS agency

  (545)  26,531   (12,213)  51,181   (12,758)  77,712 

MBS non-agency

  (71)  9,352   (4,219)  57,470   (4,290)  66,822 

Total available-for-sale in a loss position

 $(653) $41,933  $(35,506) $241,991  $(36,159) $283,924 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

June 30, 2025

 
  

Available-for-Sale

 
  

Amortized Cost

  

Estimated Fair Value

 
  

(In thousands)

 

Mortgage-backed securities:

        

Due within one year

 $5,929  $5,851 

Due after one through five years

  10,404   10,373 

Due after five through ten years

  7,962   7,633 

Due after ten years

  127,844   113,667 

Total mortgage-backed securities

  152,139   137,524 

All other investment securities:

        

Due within one year

      

Due after one through five years

  26,013   25,046 

Due after five through ten years

  54,904   51,350 

Due after ten years

  103,150   89,595 

Total all other investment securities

  184,067   165,991 

Total investment securities

 $336,206  $303,515 
  

December 31, 2024

 
  

Available-for-Sale

 
  

Amortized Cost

  

Estimated Fair Value

 
  

(In thousands)

 

Mortgage-backed securities:

        

Due within one year

 $26,690  $26,509 

Due after one through five years

  11,564   11,539 

Due after five through ten years

  8,080   7,609 

Due after ten years

  140,940   124,656 

Total mortgage-backed securities

  187,274   170,313 

All other investment securities:

        

Due within one year

      

Due after one through five years

  21,559   20,751 

Due after five through ten years

  58,535   53,321 

Due after ten years

  108,897   95,959 

Total all other investment securities

  188,991   170,031 

Total investment securities

 $376,265  $340,344