v3.26.1
Securities (Tables)
3 Months Ended
Mar. 31, 2026
Investments debt and equity securities [Abstract]  
Available-for-sale Securities [Table Text Block]
1 year
1 to 5
5 to 10
After 10
Fair
Gross Unrealized
Amortized
(Dollars in thousands)
or less
years
years
years
Value
Gains
Losses
Cost
March 31, 2026
Agency obligations (a)
$
552
34,328
17,761
52,641
4,862
$
57,503
Agency MBS (a)
20,274
18,399
118,069
156,742
19,141
175,883
State and political subdivisions
2,981
8,250
6,171
17,402
2,222
19,624
Total available-for-sale
$
552
57,583
44,410
124,240
226,785
26,225
$
253,010
December 31, 2025
Agency obligations (a)
$
35,580
18,204
53,784
4,727
$
58,511
Agency MBS (a)
20,112
16,171
125,644
161,927
19,063
180,990
State and political subdivisions
1,590
9,160
6,798
17,548
1
2,103
19,650
Total available-for-sale
$
57,282
43,535
132,442
233,259
1
25,893
$
259,151
(a) Includes securities issued by U.S. government agencies or government
-sponsored entities.
Expected lives of these
securities may differ from contractual maturities because (i) issuers may
have the right to call or repay such securities
obligations with or without prepayment penalties and (ii) loans included in Agency
MBS generally have the right to
prepay such loan in whole or in part at any time.
Available-for-sale Securities, Continuous Unrealized Loss Position [Table Text Block]
Less than 12 Months
12 Months or Longer
Total
Fair
Unrealized
Fair
Unrealized
Fair
Unrealized
(Dollars in thousands)
Value
Losses
Value
Losses
Value
Losses
March 31, 2026:
Agency obligations
$
52,641
4,862
$
52,641
4,862
Agency MBS
2,672
60
154,070
19,081
156,742
19,141
State and political subdivisions
1,627
8
13,680
2,214
15,307
2,222
Total
$
4,299
68
220,391
26,157
$
224,690
26,225
December 31, 2025:
Agency obligations
$
53,784
4,727
$
53,784
4,727
Agency MBS
161,840
19,063
161,840
19,063
State and political subdivisions
14,827
2,103
14,827
2,103
Total
$
230,451
25,893
$
230,451
25,893