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 )