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