v3.25.2
Note 2 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Marketable Securities [Table Text Block]
  

June 30, 2025

  

December 31, 2024

 
      

Gross

              

Gross

         
  

Amortized

  

Unrealized

      

Fair

  

Amortized

  

Unrealized

      

Fair

 
  

Cost

  

Gains

  

(Losses)

  

ACL

  

Value

  

Cost

  

Gains

  

(Losses)

  

ACL

  

Value

 
  

(In Thousands)

     

Available-for-Sale:

                                        

U.S. government and agency

obligations

 $4,587  $77  $(115) $-  $4,549  $5,298  $85  $(188) $-  $5,195 

U.S. treasury obligations

  48,632   -   (4,210)  -   44,422   52,592   -   (5,679)  -   46,913 

Municipal obligations

  128,187   1   (13,366)  -   114,822   131,109   1   (13,233)  -   117,877 

Corporate obligations

  3,250   -   (102)  -   3,148   4,249   -   (87)  -   4,162 

Mortgage-backed securities

  28,785   120   (1,199)  -   27,706   29,867   21   (1,653)  -   28,235 

Collateralized mortgage

obligations

  88,693   53   (5,544)  -   83,202   89,313   11   (6,701)  -   82,623 

Asset-backed securities

  7,123   51   -   -   7,174   7,511   83   (9)  -   7,585 

Total

 $309,257  $302  $(24,536) $-  $285,023  $319,939  $201  $(27,550) $-  $292,590 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

June 30, 2025

 
  

Amortized

  

Fair

 
  

Cost

  

Value

 
  

(In Thousands)

 

Due in one year or less

 $2,475  $2,457 

Due from one to five years

  38,189   35,842 

Due from five to ten years

  83,389   73,993 

Due after ten years

  67,726   61,823 
   191,779   174,115 

Mortgage-backed securities

  28,785   27,706 

Collateralized mortgage obligations

  88,693   83,202 

Total

 $309,257  $285,023 
Gain (Loss) on Securities [Table Text Block]
  

June 30, 2025

 
  

Less Than 12 Months

  

12 Months or Longer

 
      

Gross

      

Gross

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

 
  

(In Thousands)

 

U.S. government and agency obligations

 $-  $-  $1,815  $(115)

U.S. treasury obligations

  -   -   44,422   (4,210)

Municipal obligations

  12,079   (725)  102,187   (12,641)

Corporate obligations

  -   -   3,148   (102)

Mortgage-backed securities and collateralized mortgage obligations

  10,229   (106)  78,931   (6,637)

Asset-backed securities

  -   -   200   - 

Total

 $22,308  $(831) $230,703  $(23,705)
  

December 31, 2024

 
  

Less Than 12 Months

  

12 Months or Longer

 
      

Gross

      

Gross

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

 
  

Value

  

Losses

  

Value

  

Losses

 
  

(In Thousands)

 

U.S. government and agency obligations

 $-  $-  $1,749  $(188)

U.S. treasury obligations

  -   -   46,914   (5,679)

Municipal obligations

  14,678   (261)  102,521   (12,972)

Corporate obligations

  -   -   4,163   (87)

Mortgage-backed securities and collateralized mortgage obligations

  10,984   (188)  85,392   (8,166)

Asset-backed securities

  1,993   (9)  -   - 

Total

 $27,655  $(458) $240,739  $(27,092)