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)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]

March 31, 2025

 

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

  $     $     $     $ 880     $ 880  

1 to 5 years

    3,039       1,459       9,094       13,881       27,473  

5 to 10 years

    4,635       2,395       15,410       8,421       30,861  

After 10 years

          7,819       1,164       2,122       11,105  

Fair value

    7,674       11,673       25,668       25,304       70,319  

Gross unrealized gains

                             

Gross unrealized losses

    (866 )     (2,417 )     (4,034 )     (3,212 )     (10,529 )

Amortized cost

  $ 8,540     $ 14,090     $ 29,702     $ 28,516     $ 80,848  

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

 

March 31, 2025

                                               

U.S. government agency obligations

  $     $     $ 7,674     $ 866     $ 7,674     $ 866  

Municipal obligations

                11,673       2,417       11,673       2,417  

Mortgage-backed residential obligations

                25,668       4,034       25,668       4,034  

Collateralized mortgage obligations

                25,304       3,212       25,304       3,212  

Total

  $     $     $ 70,319     $ 10,529     $ 70,319     $ 10,529  

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