Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Securities (Tables)

v3.22.2
Note 2 - Securities (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
                           

Mortgage-backed

   

Collateralized

         
   

U.S. Treasury Notes

   

U.S. government

   

Municipal

   

residential

   

mortgage

   

Total available-for-

 

June 30, 2022

         

agency obligations

   

obligations

   

obligations

   

obligations

   

sale

 
   

(Dollars in thousands)

 

1 year or less

  $ 4,990     $ —     $ 871     $ —     $ 423     $ 6,284  

1 to 5 years

    2,440       8,771       4,955       29,242       22,659       68,067  

5 to 10 years

    —       9,290       3,022       11,174       8,673       32,159  

After 10 years

    —       —       11,382       —       3,355       14,737  

Fair value

    7,430       18,061       20,230       40,416       35,110       121,247  

Gross unrealized gains

    —       —       19       —       —       19  

Gross unrealized losses

    (48 )     (1,098 )     (2,646 )     (3,993 )     (3,221 )     (11,006 )

Amortized cost

  $ 7,478     $ 19,159     $ 22,857     $ 44,409     $ 38,331     $ 132,234  
                   

Mortgage-backed

   

Collateralized

         
   

U.S. government

   

Municipal

   

residential

   

mortgage

   

Total available-for-

 

December 31, 2021

 

agency obligations

   

obligations

   

obligations

   

obligations

   

sale

 
   

(Dollars in thousands)

 

1 year or less

  $ —     $ 1,631     $ 356     $ 1,064     $ 3,051  

1 to 5 years

    5,587       3,941       29,375       16,097       55,000  

5 to 10 years

    4,466       2,244       12,417       11,976       31,103  

After 10 years

    —       10,184       —       1,612       11,796  

Fair value

    10,053       18,000       42,148       30,749       100,950  

Gross unrealized gains

    73       423       259       279       1,034  

Gross unrealized losses

    (78 )     (14 )     (612 )     (443 )     (1,147 )

Amortized cost

  $ 10,058     $ 17,591     $ 42,501     $ 30,913     $ 101,063  
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

 

June 30, 2022

                                               

U.S. Treasury Notes

  $ 7,430     $ (48 )   $ —     $ —     $ 7,430     $ (48 )

U.S. government agency obligations

    16,993       (1,085 )     1,068       (13 )     18,061     $ (1,098 )

Municipal obligations

    14,949       (2,626 )     231       (20 )     15,180       (2,646 )

Mortgage-backed residential obligations

    26,310       (2,115 )     14,106       (1,878 )     40,416       (3,993 )

Collateralized mortgage obligations

    23,822       (1,705 )     11,288       (1,516 )     35,110       (3,221 )

Total

  $ 89,504     $ (7,579 )   $ 26,693     $ (3,427 )   $ 116,197     $ (11,006 )

December 31, 2021

                                               

U.S. government agency obligations

  $ 4,020     $ (62 )   $ 1,105     $ (16 )   $ 5,125     $ (78 )

Municipal obligations

    2,399       (8 )     247       (6 )     2,646       (14 )

Mortgage-backed residential obligations

    26,540       (535 )     2,781       (77 )     29,321       (612 )

Collateralized mortgage obligations

    16,715       (338 )     4,386       (105 )     21,101       (443 )

Total

  $ 49,674     $ (943 )   $ 8,519     $ (204 )   $ 58,193     $ (1,147 )