v3.26.3
Debt Securities Available for Sale (Tables)
 9 Months Ended
Sep. 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 September 30, 2026:

 

2026
       Gross   Gross     
   Amortized   Unrealized   Unrealized   Fair 
   Cost   Gains   (Losses)   Value 
U.S. Treasuries & Govt. - sponsored agencies  $26,772   $0   $(1,040)  $25,732 
State and Municipal   56,704    48    (4,462)   52,290 
Mortgage Backed   49,082    0    (5,702)   43,380 
Collateralized Mortgage Obligations (CMOs)   21,500    0    (1,837)   19,663 
                     
   $154,058   $48   $(13,041)  $141,065 

 

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  $12,734   $12,635 
Due after one year through five years   35,002    33,787 
Due after five years through ten years   20,379    18,484 
Due after ten years   15,361    13,116 
    83,476    78,022 
Mortgage Backed   49,082    43,380 
Collateralized Mortgage Obligations   21,500    19,663 
   $154,058   $141,065 
Schedule of Debt Securities with Unrealized Losses

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

 

2026 
   Less than 12 Months   12 Months or More   Total 
   Fair   Unrealized   Fair   Unrealized   Fair   Unrealized 
   Value   Loss   Value   Loss   Value   Loss 
U.S. Treas. & Gov’t - sponsored agencies  $967   $26   $24,765   $1,014   $25,732   $1,040 
State and                              
Municipal   18,843    483    24,644    3,979    43,487    4,462 
Mortgage                             
Backed   17,059    784    26,321    4,918    43,380    5,702 
CMOs   9,308    296    10,355    1,541    19,663    1,837 
                               
Total  $46,177   $1,589   $86,085   $11,452   $132,262   $13,041 

 

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