Note 3 - Securities (Tables)
|
3 Months Ended |
Mar. 31, 2026 |
|---|
| Notes Tables |
|
| Debt Securities, Available-for-Sale [Table Text Block] |
|
(dollars in thousands)
|
|
Amortized Cost
|
|
|
Gross
Unrealized
Gains
|
|
|
Gross
Unrealized
Losses
|
|
|
Fair Value
|
|
|
Available-for-sale securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. agencies
|
|
$ |
117,652 |
|
|
$ |
220 |
|
|
$ |
(4,080 |
) |
|
$ |
113,792 |
|
|
Collateralized mortgage obligations
|
|
|
36,799 |
|
|
|
109 |
|
|
|
(386 |
) |
|
|
36,522 |
|
|
Municipalities
|
|
|
368,821 |
|
|
|
728 |
|
|
|
(26,811 |
) |
|
|
342,738 |
|
|
SBA pools
|
|
|
527 |
|
|
|
0 |
|
|
|
(3 |
) |
|
|
524 |
|
|
Corporate debt
|
|
|
36,500 |
|
|
|
2 |
|
|
|
(1,178 |
) |
|
|
35,324 |
|
|
Asset backed securities
|
|
|
26,832 |
|
|
|
3 |
|
|
|
(688 |
) |
|
|
26,147 |
|
| |
|
$ |
587,131 |
|
|
$ |
1,062 |
|
|
$ |
(33,146 |
) |
|
$ |
555,047 |
|
|
(dollars in thousands)
|
|
Amortized Cost
|
|
|
Gross Unrealized
Gains
|
|
|
Gross Unrealized
Losses
|
|
|
Fair Value
|
|
|
Available-for-sale securities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. agencies
|
|
$ |
104,672 |
|
|
$ |
472 |
|
|
$ |
(3,607 |
) |
|
$ |
101,537 |
|
|
Collateralized mortgage obligations
|
|
|
34,977 |
|
|
|
140 |
|
|
|
(324 |
) |
|
|
34,793 |
|
|
Municipalities
|
|
|
359,902 |
|
|
|
1,012 |
|
|
|
(22,446 |
) |
|
|
338,468 |
|
|
SBA pools
|
|
|
561 |
|
|
|
1 |
|
|
|
(3 |
) |
|
|
559 |
|
|
Corporate debt
|
|
|
41,500 |
|
|
|
21 |
|
|
|
(1,109 |
) |
|
|
40,412 |
|
|
Asset backed securities
|
|
|
28,428 |
|
|
|
37 |
|
|
|
(702 |
) |
|
|
27,763 |
|
| |
|
$ |
570,040 |
|
|
$ |
1,683 |
|
|
$ |
(28,191 |
) |
|
$ |
543,532 |
|
|
| Gain (Loss) on Securities [Table Text Block] |
|
(dollars in thousands)
|
|
|
|
|
|
Less than 12 months
|
|
|
12 months or more
|
|
|
Total
|
|
|
Description of Securities
|
|
Number of Securities
|
|
|
Fair
Value
|
|
|
Unrealized Loss
|
|
|
Fair
Value
|
|
|
Unrealized Loss
|
|
|
Fair
Value
|
|
|
Unrealized Loss
|
|
|
U.S. agencies
|
|
|
35 |
|
|
$ |
21,778 |
|
|
$ |
(428 |
) |
|
$ |
47,477 |
|
|
$ |
(3,652 |
) |
|
$ |
69,255 |
|
|
$ |
(4,080 |
) |
|
Collateralized mortgage obligations
|
|
|
7 |
|
|
|
12,021 |
|
|
|
(117 |
) |
|
|
2,981 |
|
|
|
(269 |
) |
|
|
15,002 |
|
|
|
(386 |
) |
|
Municipalities
|
|
|
121 |
|
|
|
85,059 |
|
|
|
(1,524 |
) |
|
|
220,606 |
|
|
|
(25,287 |
) |
|
|
305,665 |
|
|
|
(26,811 |
) |
|
SBA pools
|
|
|
5 |
|
|
|
118 |
|
|
|
(1 |
) |
|
|
363 |
|
|
|
(2 |
) |
|
|
481 |
|
|
|
(3 |
) |
|
Corporate debt
|
|
|
8 |
|
|
|
0 |
|
|
|
0 |
|
|
|
28,322 |
|
|
|
(1,178 |
) |
|
|
28,322 |
|
|
|
(1,178 |
) |
|
Asset backed securities
|
|
|
13 |
|
|
|
9,504 |
|
|
|
(19 |
) |
|
|
8,804 |
|
|
|
(669 |
) |
|
|
18,308 |
|
|
|
(688 |
) |
|
Total temporarily impaired securities
|
|
|
189 |
|
|
$ |
128,480 |
|
|
$ |
(2,089 |
) |
|
$ |
308,553 |
|
|
$ |
(31,057 |
) |
|
$ |
437,033 |
|
|
$ |
(33,146 |
) |
|
(dollars in thousands)
|
|
|
|
|
|
Less than 12 months
|
|
|
12 months or more
|
|
|
Total
|
|
|
Description of Securities
|
|
Number of
Securities
|
|
|
Fair Value
|
|
|
Unrealized
Loss
|
|
|
Fair Value
|
|
|
Unrealized
Loss
|
|
|
Fair Value
|
|
|
Unrealized
Loss
|
|
|
U.S. agencies
|
|
|
34 |
|
|
$ |
11,992 |
|
|
$ |
(312 |
) |
|
$ |
58,074 |
|
|
$ |
(3,295 |
) |
|
$ |
70,066 |
|
|
$ |
(3,607 |
) |
|
Collateralized mortgage obligations
|
|
|
7 |
|
|
|
8,188 |
|
|
|
(24 |
) |
|
|
5,849 |
|
|
|
(300 |
) |
|
|
14,037 |
|
|
|
(324 |
) |
|
Municipalities
|
|
|
120 |
|
|
|
46,898 |
|
|
|
(412 |
) |
|
|
261,876 |
|
|
|
(22,034 |
) |
|
|
308,774 |
|
|
|
(22,446 |
) |
|
SBA pools
|
|
|
5 |
|
|
|
135 |
|
|
|
(1 |
) |
|
|
379 |
|
|
|
(2 |
) |
|
|
514 |
|
|
|
(3 |
) |
|
Corporate debt
|
|
|
8 |
|
|
|
0 |
|
|
|
0 |
|
|
|
28,391 |
|
|
|
(1,109 |
) |
|
|
28,391 |
|
|
|
(1,109 |
) |
|
Asset backed securities
|
|
|
14 |
|
|
|
8,261 |
|
|
|
(33 |
) |
|
|
7,851 |
|
|
|
(669 |
) |
|
|
16,112 |
|
|
|
(702 |
) |
|
Total temporarily impaired securities
|
|
|
188 |
|
|
$ |
75,474 |
|
|
$ |
(782 |
) |
|
$ |
362,420 |
|
|
$ |
(27,409 |
) |
|
$ |
437,894 |
|
|
$ |
(28,191 |
) |
|
| Investments Classified by Contractual Maturity Date [Table Text Block] |
|
(dollars in thousands)
|
|
Amortized
|
|
|
Fair
|
|
| |
|
Cost
|
|
|
Value
|
|
|
Available-for-sale securities:
|
|
|
|
|
|
|
|
|
|
Due in one year or less
|
|
$ |
94,995 |
|
|
$ |
92,699 |
|
|
Due after one year through five years
|
|
|
185,548 |
|
|
|
172,674 |
|
|
Due after five years through ten years
|
|
|
148,967 |
|
|
|
136,650 |
|
|
Due after ten years
|
|
|
28,170 |
|
|
|
27,396 |
|
|
Subtotal
|
|
|
457,680 |
|
|
|
429,419 |
|
|
Mortgage-backed securities and collateralized mortgage obligations
|
|
|
129,451 |
|
|
|
125,628 |
|
|
Total
|
|
$ |
587,131 |
|
|
$ |
555,047 |
|
|