Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block] | Note 2. The Company invests in U.S. Treasury securities, U.S. agency and mortgage-backed securities, obligations of state and political subdivisions, and corporate debt securities. Amortized costs and fair values of securities at March 31, 2022 December 31, 2021 March 31, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 59,797 $ — $ (2,276 ) $ 57,521 U.S. agency and mortgage-backed securities 171,513 140 (10,392 ) 161,261 Obligations of states and political subdivisions 70,165 148 (6,211 ) 64,102 Corporate debt securities 2,011 — (2 ) 2,009 Total securities available for sale $ 303,486 $ 288 $ (18,881 ) $ 284,893 Securities held to maturity: U.S. agency and mortgage-backed securities $ 69,367 $ — $ (2,812 ) $ 66,555 Obligations of states and political subdivisions 9,273 12 (543 ) 8,742 Corporate debt securities 3,000 — — 3,000 Total securities held to maturity $ 81,640 $ 12 $ (3,355 ) $ 78,297 Total securities $ 385,126 $ 300 $ (22,236 ) $ 363,190 December 31, 2021 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 39,871 $ 37 $ (250 ) $ 39,658 U.S. agency and mortgage-backed securities 177,131 1,085 (1,837 ) 176,379 Obligations of states and political subdivisions 71,037 910 (509 ) 71,438 Corporate debt securities 2,019 1 — 2,020 Total securities available for sale $ 290,058 $ 2,033 $ (2,596 ) $ 289,495 Securities held to maturity: U.S. agency and mortgage-backed securities $ 26,392 $ 124 $ (53 ) $ 26,463 Obligations of states and political subdivisions 7,049 118 (13 ) 7,154 Total securities held to maturity $ 33,441 $ 242 $ (66 ) $ 33,617 Total securities $ 323,499 $ 2,275 $ (2,662 ) $ 323,112 At March 31, 2022 December 31, 2021 March 31, 2022 Less than 12 months 12 months or more Total Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Securities available for sale: U.S. Treasury securities $ 57,521 $ (2,276 ) $ — $ — $ 57,521 $ (2,276 ) U.S. agency and mortgage-backed securities 126,499 (7,605 ) 26,536 (2,787 ) 153,035 (10,392 ) Obligations of states and political subdivisions 43,821 (5,529 ) 5,003 (682 ) 48,824 (6,211 ) Corporate debt securities 2,009 (2 ) — — 2,009 (2 ) Total securities available for sale $ 229,850 $ (15,412 ) $ 31,539 $ (3,469 ) $ 261,389 $ (18,881 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ 66,555 $ (2,812 ) $ — $ — $ 66,555 $ (2,812 ) Obligations of states and political subdivisions 5,991 (543 ) — — 5,991 (543 ) Total securities held to maturity $ 72,546 $ (3,355 ) $ — $ — $ 72,546 $ (3,355 ) Total securities $ 302,396 $ (18,767 ) $ 31,539 $ (3,469 ) $ 333,935 $ (22,236 ) December 31, 2021 Less than 12 months 12 months or more Total Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Fair Value Unrealized (Loss) Securities available for sale: U.S. Treasury securities $ 29,656 $ (250 ) $ — $ — $ 29,656 $ (250 ) U.S. agency and mortgage-backed securities 109,950 (1,335 ) 14,749 (502 ) 124,699 (1,837 ) Obligations of states and political subdivisions 34,611 (500 ) 1,009 (9 ) 35,620 (509 ) Total securities available for sale $ 174,217 $ (2,085 ) $ 15,758 $ (511 ) $ 189,975 $ (2,596 ) Securities held to maturity: U.S. agency and mortgage-backed securities $ 5,411 $ (53 ) $ — $ — $ 5,411 $ (53 ) Obligations of states and political subdivisions 999 (13 ) — — 999 (13 ) Total securities held to maturity $ 6,410 $ (66 ) $ — $ — $ 6,410 $ (66 ) Total securities $ 180,627 $ (2,151 ) $ 15,758 $ (511 ) $ 196,385 $ (2,662 ) The tables above provide information about securities that have been in an unrealized loss position for less than twelve twelve 1 2 not 3 not not not At March 31, 2022 were 125 out of 146 U.S. agency and mortgage-backed securities, 12 out of 12 U.S. Treasury securities, 70 out of 119 obligations of states and political subdivisions, and zero 2 rage re-pricing term of the portfolio was 5.7 years a March 31, 2022 December 31, 2021 re six eight December 31, 2021 December 31, 2021 March 31, 2022 not The amortized cost and fair value of securities at March 31, 2022 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ 810 $ 811 $ 3,019 $ 3,022 Due after one year through five years 56,795 55,128 6,501 6,449 Due after five years through ten years 66,160 63,379 11,373 10,892 Due after ten years 179,721 165,575 60,747 57,934 $ 303,486 $ 284,893 $ 81,640 $ 78,297 Federal Home Loan Bank, Federal Reserve Bank, and Community Bankers’ Bank stock are generally viewed as long-term investments and as restricted securities, which are carried at cost, because there is a minimal market for the stock. Therefore, when evaluating restricted securities for impairment, their value is based on the ultimate recoverability of the par value rather than by recognizing temporary declines in value. The Company does not March 31, 2022 The composition of restricted securities at March 31, 2022 December 31, 2021 March 31, 2022 December 31, 2021 Federal Home Loan Bank stock $ 796 $ 701 Federal Reserve Bank stock 980 980 Community Bankers’ Bank stock 132 132 $ 1,908 $ 1,813 The Company also holds limited partnership investments in Small Business Investment Companies (SBICs), which are included in other assets in the Consolidated Balance Sheets. The limited partnership investments are measured as equity investments without readily determinable fair values at their cost, less any impairment. The amounts included in other assets for the limited partnership investments were $529 thousand a March 31, 2022 December 31, 2021 |