v3.26.1
Debt Securities Available for Sale (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Amortized Cost and Fair Value of Debt Securities Available for Sale

The following tables reflect the amortized cost and fair value of debt securities available for sale as of June 30, 2026:

 

2026
      Gross  Gross   
   Amortized  Unrealized  Unrealized  Fair
   Cost  Gains  (Losses)  Value
                 
U.S. Treasuries & Govt. - sponsored agencies  $26,753   $0   $(976)  $25,777 
State and Municipal   56,729    221    (2,856)   54,094 
Mortgage Backed   50,853    101    (4,396)   46,558 
Collateralized Mortgage Obligations (CMOs)   22,619    32    (1,469)   21,182 
                     
   $156,954   $354   $(9,697)  $147,611 

 

The following tables reflect the amortized cost and fair value of debt securities available for sale as of December 31, 2025:

 

2025
      Gross  Gross   
   Amortized  Unrealized  Unrealized  Fair
   Cost  Gains  (Losses)  Value
                 
U.S. Treasuries & Govt. - sponsored agencies  $31,744   $0   $(943)  $30,801 
State and Municipal   60,070    257    (2,846)   57,481 
Mortgage Backed   49,175    299    (4,103)   45,371 
Collateralized Mortgage Obligations (CMOs)   21,753    120    (1,319)   20,554 
                     
   $162,742   $676   $(9,211)  $154,207 
Schedule of Amortized Cost and Fair Value of Debt Securities

 

   Amortized Cost   Fair Value 
Due in one year or less  $12,209   $12,080 
Due after one year through five years   35,491    34,558 
Due after five years through ten years   19,058    17,954 
Due after ten years   16,724    15,279 
    83,482    79,871 
Mortgage Backed   50,853    46,558 
Collateralized Mortgage Obligations   22,619    21,182 
   $156,954   $147,611 
Schedule of Debt Securities with Unrealized Losses

Debt securities with unrealized losses as of June 30, 2026 not recognized in income are as follows:

 

2026
   Less than 12 Months   12 Months or More   Total 
  

Fair

Value

   Unrealized Loss  

Fair

Value

   Unrealized Loss  

Fair

Value

   Unrealized Loss 
                         
U.S. Treas. & Gov’t - sponsored agencies  $987   $6   $24,790   $970   $25,777   $976 
State and Municipal   7,136    31    25,841    2,825    32,977    2,856 
Mortgage Backed   8,555    213    28,282    4,183    36,837    4,396 
CMOs   5,506    77    11,157    1,392    16,663    1,469 
                               
Total  $22,184   $327   $90,070   $9,370   $112,254   $9,697 

 

Debt securities with unrealized losses as of December 31, 2025 not recognized in income are as follows:

 

2025

   Less than 12 Months   12 Months or More   Total 
  

Fair

Value

   Unrealized Loss  

Fair

Value

   Unrealized Loss  

Fair

Value

   Unrealized Loss 
U.S. Treas. & Gov’t - sponsored agencies  $0   $0   $30,801   $943   $30,801   $943 
State and Municipal   3,335    8    29,054    2,838    32,389    2,846 
Mortgage Backed   1,886    44    30,879    4,059    32,765    4,103 
CMOs   1,970    3    12,110    1,316    14,080    1,319 
                               
Total  $7,191   $55   $102,844   $9,156   $110,035   $9,211