v3.26.1
Note 3 - Investment Securities (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Marketable Securities [Table Text Block]
  

June 30, 2026

 
  

Amortized

  

Unrealized

  

Unrealized

  

Allowance for

  

Fair

 

(dollars in thousands)

 

Cost

  

Gains

  

Losses

  

Credit Losses

  

Value

 

Available-for-sale

                    

U.S. Treasury and agencies

 $13,275  $  $(41) $  $13,234 

Mortgage backed securities

                    

Residential agency

  485,442   94   (5,883)     479,653 

Asset backed securities

  14            14 

Corporate bonds

  42,984   39   (1,733)     41,290 

Total available-for-sale investment securities

  541,715   133   (7,657)     534,191 

Held-to-maturity

                    

Obligations of state and political agencies

  106,571   1   (6,676)  68   99,896 

Mortgage backed securities

                    

Residential agency

  136,060      (20,722)  47   115,338 

Total held-to-maturity investment securities

  242,631   1   (27,398)  115   215,234 

Total investment securities

 $784,346  $134  $(35,055) $115  $749,425 
  

December 31, 2025

 
  

Amortized

  

Unrealized

  

Unrealized

  

Allowance for

  

Fair

 

(dollars in thousands)

 

Cost

  

Gains

  

Losses

  

Credit Losses

  

Value

 

Available-for-sale

                    

U.S. Treasury and agencies

 $406  $  $(1)    $405 

Mortgage backed securities

                    

Residential agency

  476,334   988   (576)     476,746 

Asset backed securities

  15            15 

Corporate bonds

  39,982      (3,053)     36,929 

Total available-for-sale investment securities

  516,737   988   (3,630)     514,095 

Held-to-maturity

                    

Obligations of state and political agencies

  111,866   1   (6,462)  72   105,405 

Mortgage backed securities

                    

Residential agency

  142,705      (20,101)  51   122,604 

Total held-to-maturity investment securities

  254,571   1   (26,563)  123   228,009 

Total investment securities

 $771,308  $989  $(30,193) $123  $742,104 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
      

June 30, 2026

 
      

Less than 12 Months

  

Over 12 Months

  

Total

 
  

Number of

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

 

(dollars in thousands)

 

Holdings

  

Losses

  

Value

  

Losses

  

Value

  

Losses

  

Value

 

Available-for-sale

                            

U.S. Treasury and agencies

  7  $(40) $12,852  $(1) $334  $(41) $13,186 

Mortgage backed securities

                            

Residential agency

  55   (5,858)  439,937   (25)  1,540   (5,883)  441,477 

Asset backed securities

  3      12      1      13 

Corporate bonds

  6         (1,733)  34,767   (1,733)  34,767 

Total available-for-sale investment securities

  71  $(5,898) $452,801  $(1,759) $36,642  $(7,657) $489,443 
      

December 31, 2025

 
      

Less than 12 Months

  

Over 12 Months

  

Total

 
  

Number of

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

 

(dollars in thousands)

 

Holdings

  

Losses

  

Value

  

Losses

  

Value

  

Losses

  

Value

 

Available-for-sale

                            

U.S. Treasury and agencies

  2  $(1) $198  $  $199  $(1) $397 

Mortgage backed securities

                            

Residential agency

  39   (541)  317,084   (35)  4,908   (576)  321,992 

Asset backed securities

  1            1      1 

Corporate bonds

  8   (4)  478   (3,049)  36,452   (3,053)  36,930 

Total available-for-sale investment securities

  50  $(546) $317,760  $(3,084) $41,560  $(3,630) $359,320 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

Held-to-maturity

  

Available-for-sale

 
  

Carrying

  

Fair

  

Amortized

  

Fair

 

(dollars in thousands)

 

Value

  

Value

  

Cost

  

Value

 

Due within one year or less

 $13,675  $13,569  $  $ 

Due after one year through five years

  58,952   55,527   2,647   2,573 

Due after five years through ten years

  28,741   26,133   39,070   37,416 

Due after 10 years

  5,203   4,667   14,556   14,549 
   106,571   99,896   56,273   54,538 

Mortgage-backed securities

                

Residential agency

  136,060   115,338   485,442   479,653 

Total investment securities

 $242,631  $215,234  $541,715  $534,191 
Investment [Table Text Block]
  

June 30,

  

December 31,

 

(dollars in thousands)

 

2026

  

2025

 

Federal Reserve

 $8,631  $8,631 

FHLB

  19,604   17,968