Quarterly report pursuant to Section 13 or 15(d)

Note 2 - Securities (Tables)

v3.23.1
Note 2 - Securities (Tables)
3 Months Ended
Mar. 31, 2023
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-

 

March 31, 2023

         

agency obligations

   

obligations

   

obligations

   

obligations

   

sale

 
   

(Dollars in thousands)

 

1 year or less

  $ 3,920     $ 1,004     $ 529     $     $     $ 5,453  

1 to 5 years

    3,425       13,695       5,438       14,226       21,501       58,285  

5 to 10 years

          6,560       3,592       20,254       11,503       41,909  

After 10 years

                10,619       659       4,202       15,480  

Fair value

    7,345       21,259       20,178       35,139       37,206       121,127  

Gross unrealized gains

          47       15                   62  

Gross unrealized losses

    (110 )     (1,491 )     (2,422 )     (4,859 )     (4,528 )     (13,410 )

Amortized cost

  $ 7,455     $ 22,703     $ 22,585     $ 39,998     $ 41,734     $ 134,475  

 

                           

Mortgage-backed

   

Collateralized

         
   

U.S. Treasury Notes

   

U.S. government

   

Municipal

   

residential

   

mortgage

   

Total available-for-

 

December 31, 2022

         

agency obligations

   

obligations

   

obligations

   

obligations

   

sale

 
   

(Dollars in thousands)

 

1 year or less

  $ 2,433     $ 1,007     $ 528     $     $     $ 3,968  

1 to 5 years

    4,855       11,511       5,394       20,033       22,809       64,602  

5 to 10 years

          8,872       2,655       15,046       11,848       38,421  

After 10 years

                11,060       659       2,495       14,214  

Fair value

    7,288       21,390       19,637       35,738       37,152       121,205  

Gross unrealized gains

                6                   6  

Gross unrealized losses

    (155 )     (1,870 )     (2,972 )     (5,464 )     (5,105 )     (15,566 )

Amortized cost

  $ 7,443     $ 23,260     $ 22,603     $ 41,202     $ 42,257     $ 136,765  
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, 2023

                                               

U.S. Treasury Notes

  $ 7,345     $ 110     $     $     $ 7,345     $ 110  

U.S. government agency obligations

    8,272       219       11,890       1,272       20,162       1,491  

Municipal obligations

    6,859       437       11,112       1,985       17,971       2,422  

Mortgage-backed residential obligations

    2,144       165       32,995       4,694       35,139       4,859  

Collateralized mortgage obligations

    15,133       1,002       22,073       3,526       37,206       4,528  

Total

  $ 39,753     $ 1,933     $ 78,070     $ 11,477     $ 117,823     $ 13,410  

December 31, 2022

                                               

U.S. Treasury Notes

  $ 7,288     $ 155     $     $     $ 7,288     $ 155  

U.S. government agency obligations

    17,274       1,296       4,116       574       21,390       1,870  

Municipal obligations

    16,823       2,349       2,037       623       18,860       2,972  

Mortgage-backed residential obligations

    14,365       1,618       21,373       3,846       35,738       5,464  

Collateralized mortgage obligations

    21,449       2,014       15,703       3,091       37,152       5,105  

Total

  $ 77,199     $ 7,432     $ 43,229     $ 8,134     $ 120,428     $ 15,566