v3.26.1
Note 3 - Securities (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

     

(In Thousands of Dollars)

 

Cost

  

Gains

  

Losses

  

Fair Value

 

March 31, 2026

                

U.S. Treasury and U.S. government sponsored entities

 $104,720  $29  $(9,851) $94,898 

State and political subdivisions

  716,934   1,710   (92,688)  625,956 

Corporate bonds

  32,213   140   (280)  32,073 

Mortgage-backed securities

  635,441   610   (83,320)  552,731 

Collateralized mortgage obligations

  182,586   617   (6,543)  176,660 

Small Business Administration

  2,009   0   (129)  1,880 

Totals

 $1,673,903  $3,106  $(192,811) $1,484,198 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

     

(In Thousands of Dollars)

 

Cost

  

Gains

  

Losses

  

Fair Value

 

December 31, 2025

                

U.S. Treasury and U.S. government sponsored entities

 $104,737  $45  $(9,487) $95,295 

State and political subdivisions

  589,236   2,632   (88,171)  503,697 

Corporate bonds

  13,171   163   (289)  13,045 

Mortgage-backed securities

  629,376   731   (82,973)  547,134 

Collateralized mortgage obligations

  186,494   1,461   (5,739)  182,216 

Small Business Administration

  2,210   0   (140)  2,070 

Totals

 $1,525,224  $5,032  $(186,799) $1,343,457 
Gain (Loss) on Securities [Table Text Block]
  

Three Months Ended

 
  

March 31,

 

(In Thousands of Dollars)

 

2026

  

2025

 

Proceeds

 $0  $23,901 

Gross gains

  0   0 

Gross losses

  0   (1,334)
Investments Classified by Contractual Maturity Date [Table Text Block]
  

March 31, 2026

 

(In Thousands of Dollars)

 

Amortized Cost

  

Fair Value

 

Maturity

        

Within one year

 $4,668  $4,644 

One to five years

  77,267   72,915 

Five to ten years

  209,826   194,283 

Beyond ten years

  562,106   481,085 

Mortgage-backed, collateralized mortgage obligations and Small Business Administration securities

  820,036   731,271 

Total

 $1,673,903  $1,484,198 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
  

Less than 12 Months

  

12 Months or Longer

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 

(In Thousands of Dollars)

 

Value

  

Loss

  

Value

  

Loss

  

Value

  

Loss

 

March 31, 2026

                        
                         

U.S. Treasury and U.S. government sponsored entities

 $1,159  $(11) $92,833  $(9,840) $93,992  $(9,851)

State and political subdivisions

  155,312   (2,308)  404,333   (90,380)  559,645   (92,688)

Corporate bonds

  18,386   (30)  6,805   (250)  25,191   (280)

Mortgage-backed securities

  74,431   (958)  427,583   (82,362)  502,014   (83,320)

Collateralized mortgage obligations

  56,177   (1,184)  69,827   (5,359)  126,004   (6,543)

Small Business Administration

  0   0   1,880   (129)  1,880   (129)

Total

 $305,465  $(4,491) $1,003,261  $(188,320) $1,308,726  $(192,811)
  

Less than 12 Months

  

12 Months or Longer

  

Total

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

 

(In Thousands of Dollars)

 

Value

  

Loss

  

Value

  

Loss

  

Value

  

Loss

 

December 31, 2025

                        
                         

U.S. Treasury and U.S. government sponsored entities

 $100  $0  $93,211  $(9,487) $93,311  $(9,487)

State and political subdivisions

  6,302   (1,360)  432,053   (86,811)  438,355   (88,171)

Corporate bonds

  2,962   (44)  6,293   (245)  9,255   (289)

Mortgage-backed securities

  48,965   (313)  437,859   (82,660)  486,824   (82,973)

Collateralized mortgage obligations

  50,887   (621)  69,006   (5,118)  119,893   (5,739)

Small Business Administration

  0   0   2,070   (140)  2,070   (140)

Total

 $109,216  $(2,338) $1,040,492  $(184,461) $1,149,708  $(186,799)