Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Securities (Tables)

v3.22.2.2
Note 2 - Securities (Tables)
9 Months Ended
Sep. 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-

 

September 30, 2022

         

agency obligations

   

obligations

   

obligations

   

obligations

   

sale

 
   

(Dollars in thousands)

 

1 year or less

  $ 6,447     $ —     $ 927     $ —     $ 156     $ 7,530  

1 to 5 years

    5,809       10,783       4,824       22,163       25,232       68,811  

5 to 10 years

    —       8,721       2,698       14,389       10,015       35,823  

After 10 years

    —       —       10,594       —       2,509       13,103  

Fair value

    12,256       19,504       19,043       36,552       37,912       125,267  

Gross unrealized gains

    —       —       —       —       —       —  

Gross unrealized losses

    (181 )     (1,903 )     (3,979 )     (6,097 )     (5,148 )     (17,308 )

Amortized cost

  $ 12,437     $ 21,407     $ 23,022     $ 42,649     $ 43,060     $ 142,575  
                   

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

 

September 30, 2022

                                               

U.S. Treasury Notes

  $ 12,256     $ (181 )   $ —     $ —     $ 12,256     $ (181 )

U.S. government agency obligations

    15,628       (1,520 )     2,876       (383 )     18,504       (1,903 )

Municipal obligations

    18,820       (3,952 )     223       (27 )     19,043       (3,979 )

Mortgage-backed residential obligations

    21,554       (3,058 )     14,998       (3,039 )     36,552       (6,097 )

Collateralized mortgage obligations

    23,281       (2,427 )     13,978       (2,721 )     37,259       (5,148 )

Total

  $ 91,539     $ (11,138 )   $ 32,075     $ (6,170 )   $ 123,614     $ (17,308 )

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 )