v3.26.1
Note 3 - Securities (Tables)
6 Months Ended
Jun. 30, 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

 

June 30, 2026

                

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

 $104,704  $19  $(10,213) $94,510 

State and political subdivisions

  714,596   2,962   (87,139)  630,419 

Corporate bonds

  27,820   246   (471)  27,595 

Mortgage-backed securities

  631,434   196   (83,977)  547,653 

Collateralized mortgage obligations

  178,792   301   (7,361)  171,732 

Small Business Administration

  1,925   0   (136)  1,789 

Totals

 $1,659,271  $3,724  $(189,297) $1,473,698 
      

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

  

Six Months Ended

 
  

June 30,

  

June 30,

 

(In Thousands of Dollars)

 

2026

  

2025

  

2026

  

2025

 

Proceeds

 $0  $0  $0  $23,901 

Gross gains

  0   0   0   0 

Gross losses

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

June 30, 2026

 

(In Thousands of Dollars)

 

Amortized Cost

  

Fair Value

 

Maturity

        

Within one year

 $1,286  $1,298 

One to five years

  106,550   99,140 

Five to ten years

  183,181   170,404 

Beyond ten years

  556,103   481,682 

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

  812,151   721,174 

Total

 $1,659,271  $1,473,698 
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

 

June 30, 2026

                        
                         

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

 $1,166  $(9) $92,442  $(10,204) $93,608  $(10,213)

State and political subdivisions

  95,438   (3,433)  406,107   (83,706)  501,545   (87,139)

Corporate bonds

  14,899   (244)  5,345   (227)  20,244   (471)

Mortgage-backed securities

  102,486   (1,716)  407,276   (82,261)  509,762   (83,977)

Collateralized mortgage obligations

  68,206   (1,649)  71,540   (5,712)  139,746   (7,361)

Small Business Administration

  0   0   1,789   (136)  1,789   (136)

Total

 $282,195  $(7,051) $984,499  $(182,246) $1,266,694  $(189,297)
  

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)