Quarterly report [Sections 13 or 15(d)]

Note 2 - Securities Available for Sale (Tables)

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Note 2 - Securities Available for Sale (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]

September 30, 2025

 

U.S. Treasury notes

   

U.S. government agency obligations

   

Municipal obligations

   

Mortgage-backed residential obligations

   

Collateralized mortgage obligations

   

Total available-for-sale

 
   

(Dollars in thousands)

 

1 year or less

  $     $     $ 79     $     $ 717     $ 796  

1 to 5 years

    7,077       6,366       1,322       8,235       17,849       40,849  

5 to 10 years

          2,150       3,206       15,716       6,841       27,913  

After 10 years

                7,323       578       2,102       10,003  

Fair value

    7,077       8,516       11,930       24,529       27,509       79,561  

Gross unrealized gains

    1                               1  

Gross unrealized losses

    (3 )     (748 )     (2,056 )     (3,185 )     (2,714 )     (8,706 )

Amortized cost

  $ 7,079     $ 9,264     $ 13,986     $ 27,714     $ 30,223     $ 88,266  

December 31, 2024

 

U.S. government agency obligations

   

Municipal obligations

   

Mortgage-backed residential obligations

   

Collateralized mortgage obligations

   

Total available-for-sale

 
   

(Dollars in thousands)

 

1 year or less

  $ 1,000     $     $     $     $ 1,000  

1 to 5 years

    3,047       1,452       8,971       15,086       28,556  

5 to 10 years

    4,610       2,401       15,794       7,786       30,591  

After 10 years

          7,883       1,150       2,069       11,102  

Fair value

    8,657       11,736       25,915       24,941       71,249  

Gross unrealized gains

                             

Gross unrealized losses

    (1,062 )     (2,367 )     (4,766 )     (3,842 )     (12,037 )

Amortized cost

  $ 9,719     $ 14,103     $ 30,681     $ 28,783     $ 83,286  
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]
   

Less than 12 Months

   

12 Months or Longer

   

Total

 
   

(Dollars in thousands)

 
   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 
   

Value

   

Losses

   

Value

   

Losses

   

Value

   

Losses

 

September 30, 2025

                                               

U.S. Treasury notes

  $ 4,501     $ 3     $     $     $ 4,501     $ 3  

U.S. government agency obligations

                7,516       748       7,516       748  

Municipal obligations

                11,930       2,056       11,930       2,056  

Mortgage-backed residential obligations

                24,529       3,185       24,529       3,185  

Collateralized mortgage obligations

    2,613       22       24,896       2,692       27,509       2,714  

Total

  $ 7,114     $ 25     $ 68,871     $ 8,681     $ 75,985     $ 8,706  

December 31, 2024

                                               

U.S. government agency obligations

  $     $     $ 8,657     $ 1,062     $ 8,657     $ 1,062  

Municipal obligations

    467       28       11,269       2,339       11,736       2,367  

Mortgage-backed residential obligations

                25,915       4,766       25,915       4,766  

Collateralized mortgage obligations

                24,941       3,842       24,941       3,842  

Total

  $ 467     $ 28     $ 70,782     $ 12,009     $ 71,249     $ 12,037