v3.26.3
Note 2 - Securities (Tables)
9 Months Ended
Sep. 30, 2026
Notes Tables  
Schedule of Available-for-sale and Held-to-Maturity Securities Reconciliation [Table Text Block]

(dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Estimated Fair Value

  

Allowance for Credit Losses

 

Available for Sale

                    

Municipal bonds

 $91,412  $—  $(18,654) $72,758  $— 

U.S. government agency issued asset-backed securities (ABS agency)

  11,151   19   —   11,170   — 

Corporate issued asset-backed securities (ABS corporate)

  21,093   7   (12)  21,088   — 

Corporate issued debt securities (Corporate debt)

  61,575   286   (1,670)  60,191   — 

U.S. Small Business Administration securities (SBA)

  4,915   22   (14)  4,923   — 

Mortgage-backed securities:

                    

U.S. government agency issued mortgage-backed securities (MBS agency)

  105,381   32   (14,196)  91,217   — 

Non-agency issued mortgage-backed securities (MBS non-agency)

  52,798   —   (3,957)  48,841   — 

Total securities available for sale

 $348,325  $366  $(38,503) $310,188  $— 

(dollars in thousands)

 

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Estimated Fair Value

  

Allowance for Credit Losses

 

Available for Sale

                    

Municipal bonds

 $92,148  $—  $(11,896) $80,252  $— 

ABS agency

  11,927   28   (12)  11,943   — 

ABS corporate

  7,963   2   (4)  7,961   — 

Corporate debt

  39,772   251   (1,222)  38,801   — 

SBA

  6,293   18   (18)  6,293   — 

Mortgage-backed securities:

                    

MBS agency

  101,618   379   (10,341)  91,656   — 

MBS non-agency

  36,128   4   (2,728)  33,404   — 

Total securities available for sale

 $295,849  $682  $(26,221) $270,310  $— 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
  

Less Than Twelve Months

  

Twelve Months or Longer

  

Total

 

(dollars in thousands)

 

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

 

Available for Sale

                        

Municipal bonds

 $—  $—  $(18,654) $72,658  $(18,654) $72,658 

ABS corporate

  (12)  8,032   —   —   (12)  8,032 

Corporate debt

  (552)  25,953   (1,118)  21,435   (1,670)  47,388 

SBA

  (8)  883   (6)  596   (14)  1,479 

Mortgage-backed securities:

                        

MBS agency

  (1,013)  32,124   (13,183)  52,531   (14,196)  84,655 

MBS non-agency

  (284)  27,093   (3,673)  21,748   (3,957)  48,841 

Total available-for-sale in a loss position

 $(1,869) $94,085  $(36,634) $168,968  $(38,503) $263,053 
  

Less Than Twelve Months

  

Twelve Months or Longer

  

Total

 

(dollars in thousands)

 

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

  

Gross Unrealized Losses

  

Fair Value

 

Available for Sale

                        

Municipal bonds

 $—  $—  $(11,896) $80,252  $(11,896) $80,252 

ABS agency

  —   —   (12)  4,116   (12)  4,116 

ABS corporate

  —   —   (4)  958   (4)  958 

Corporate debt

  (8)  993   (1,214)  27,570   (1,222)  28,563 

SBA

  (5)  643   (13)  2,380   (18)  3,023 

Mortgage-backed securities:

                        

MBS agency

  (31)  3,871   (10,310)  57,375   (10,341)  61,246 

MBS non-agency

  —   —   (2,728)  31,154   (2,728)  31,154 

Total available-for-sale in a loss position

 $(44) $5,507  $(26,177) $203,805  $(26,221) $209,312 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

September 30, 2026

  

December 31, 2025

 

(dollars in thousands)

 

Amortized Cost

  

Estimated Fair Value

  

Amortized Cost

  

Estimated Fair Value

 

Available for Sale

                

Mortgage-backed securities:

                

Due within one year

 $4,245  $4,234  $4,602  $4,603 

Due after one through five years

  27,192   26,483   6,912   6,856 

Due after five through ten years

  7,974   7,882   7,215   7,012 

Due after ten years

  118,768   101,459   119,017   106,589 

Total mortgage-backed securities

  158,179   140,058   137,746   125,060 

All other investment securities:

                

Due within one year

  10,986   10,954   1,000   959 

Due after one through five years

  15,561   14,626   24,082   23,620 

Due after five through ten years

  77,609   69,897   45,356   41,453 

Due after ten years

  85,990   74,653   87,665   79,218 

Total all other investment securities

  190,146   170,130   158,103   145,250 

Total investment securities

 $348,325  $310,188  $295,849  $270,310