Annual report [Section 13 and 15(d), not S-K Item 405]

Note 2 - Securities (Tables)

v3.26.1
Note 2 - Securities (Tables)
12 Months Ended
Dec. 31, 2025
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]

December 31, 2025

 

U.S. Treasuries

   

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

  $     $     $ 198     $     $ 1,412     $ 1,610  

1 to 5 years

    7,085       7,208       1,202       8,860       17,757       42,112  

5 to 10 years

          1,326       3,642       14,336       5,918       25,222  

After 10 years

                7,104       573       2,098       9,775  

Fair value

  $ 7,085     $ 8,534     $ 12,146     $ 23,769     $ 27,185     $ 78,719  

Gross unrealized gains

    4                         1       5  

Gross unrealized losses

    (7 )     (685 )     (1,829 )     (2,990 )     (2,552 )     (8,063 )

Amortized cost

  $ 7,088     $ 9,219     $ 13,975     $ 26,759     $ 29,736     $ 86,777  

December 31, 2024

 

U.S. Treasuries

   

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

 
   

Fair

   

Unrealized

   

Fair

   

Unrealized

   

Fair

   

Unrealized

 

December 31, 2025

 

Value

   

Losses

   

Value

   

Losses

   

Value

   

Losses

 
      (Dollars in thousands)

U.S. Treasuries

  $ 2,990     $ 7     $     $     $ 2,990     $ 7  

U.S. government agency obligations

    1,000       1       7,534       684       8,534       685  

Municipal obligations

                12,146       1,829       12,146       1,829  

Mortgage-backed residential obligations

                23,769       2,990       23,769       2,990  

Collateralized mortgage obligations

    1,530       24       24,654       2,528       26,184       2,552  

Total

  $ 5,520     $ 32     $ 68,103     $ 8,031     $ 73,623     $ 8,063  

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