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 September 30, 2022 December 31, 2021 September 30, 2022 Amortized Cost Gross Unrealized Gains Gross Unrealized (Losses) Fair Value Securities available for sale: U.S. Treasury securities $ 19,953 $ — $ (2,422 ) $ 17,531 U.S. agency and mortgage-backed securities 122,190 113 (16,000 ) 106,303 Obligations of states and political subdivisions 64,472 20 (11,923 ) 52,569 Total securities available for sale $ 206,615 $ 133 $ (30,345 ) $ 176,403 Securities held to maturity: U.S. Treasury securities $ 37,994 $ — $ (638 ) $ 37,356 U.S. agency and mortgage-backed securities 101,321 — (9,351 ) 91,970 Obligations of states and political subdivisions 12,579 — (1,701 ) 10,878 Corporate debt securities 3,000 — (284 ) 2,716 Total securities held to maturity $ 154,894 $ — $ (11,974 ) $ 142,920 Total securities $ 361,509 $ 133 $ (42,319 ) $ 319,323 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 September 30, 2022 December 31, 2021 September 30, 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 $ 17,531 $ (2,422 ) $ — $ — $ 17,531 $ (2,422 ) U.S. agency and mortgage-backed securities 33,107 (2,596 ) 64,184 (13,404 ) 97,291 (16,000 ) Obligations of states and political subdivisions 33,128 (6,055 ) 17,036 (5,868 ) 50,164 (11,923 ) Total securities available for sale $ 83,766 $ (11,073 ) $ 81,220 $ (19,272 ) $ 164,986 $ (30,345 ) Securities held to maturity: U.S. Treasury securities $ 28,517 $ (395 ) $ 8,839 $ (243 ) $ 37,356 $ (638 ) U.S. agency and mortgage-backed securities 68,723 (6,595 ) 18,242 (2,756 ) 86,965 (9,351 ) Obligations of states and political subdivisions 9,104 (1,576 ) 1,774 (125 ) 10,878 (1,701 ) Corporate debt securities 2,716 (284 ) — — 2,716 (284 ) Total securities held to maturity $ 109,060 $ (8,850 ) $ 28,855 $ (3,124 ) $ 137,915 $ (11,974 ) Total securities $ 192,826 $ (19,923 ) $ 110,075 $ (22,396 ) $ 302,901 $ (42,319 ) 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 On September 1, 2022, third 2022. may At September 30, 2022 rage re-pricing term of the portfolio was 6.1 years a September 30, 2022 December 31, 2021 re six eight December 31, 2021 December 31, 2021 September 30, 2022 not The amortized cost and fair value of securities at September 30, 2022 may Available for Sale Held to Maturity Amortized Cost Fair Value Amortized Cost Fair Value Due within one year $ - $ - $ 907 $ 902 Due after one year through five years 17,612 16,341 44,214 43,113 Due after five years through ten years 53,590 48,051 27,267 24,698 Due after ten years 135,413 112,011 82,506 74,207 $ 206,615 $ 176,403 $ 154,894 $ 142,920 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 September 30, 2022 The composition of restricted securities at September 30, 2022 December 31, 2021 September 30, 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 $566 thousand a September 30, 2022 December 31, 2021 |