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Note 9 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2019
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   
At March 31, 2019
   
Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
(1)
   
(In thousands)
Equity securities  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual funds  
$
1,771
 
 
$
-  
 
 
$
1,771
 
 
$
-  
 
Total equity securities  
 
1,771
 
 
 
-  
 
 
 
1,771
 
 
 
-  
 
Debt securities available for sale  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury securities  
 
109,054
 
 
 
109,054
 
 
 
-  
 
 
 
-  
 
Securities of U.S. Government sponsored entities  
 
165,739
 
 
 
-  
 
 
 
165,739
 
 
 
-  
 
Agency residential MBS  
 
930,023
 
 
 
-  
 
 
 
930,023
 
 
 
-  
 
Non-agency residential MBS  
 
112
 
 
 
-  
 
 
 
112
 
 
 
-  
 
Agency commercial MBS  
 
1,837
 
 
 
-  
 
 
 
1,837
 
 
 
-  
 
Securities of U.S. Government entities  
 
1,081
 
 
 
-  
 
 
 
1,081
 
 
 
-  
 
Obligations of states and political subdivisions  
 
172,053
 
 
 
-  
 
 
 
172,053
 
 
 
-  
 
Corporate securities  
 
1,322,341
 
 
 
-  
 
 
 
1,322,341
 
 
 
-  
 
Total debt securities available for sale  
 
2,702,240
 
 
 
109,054
 
 
 
2,593,186
 
 
 
-  
 
Total  
$
2,704,011
 
 
$
109,054
 
 
$
2,594,957
 
 
$
-  
 
   
At December 31, 2018
   
Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
(1)
   
(In thousands)
Equity securities  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Mutual funds  
$
1,747
 
 
$
-  
 
 
$
1,747
 
 
$
-  
 
Total equity securities  
 
1,747
 
 
 
-  
 
 
 
1,747
 
 
 
-  
 
Debt securities available for sale  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
U.S. Treasury securities  
 
139,574
 
 
 
139,574
 
 
 
-  
 
 
 
-  
 
Securities of U.S. Government sponsored entities  
 
164,018
 
 
 
-  
 
 
 
164,018
 
 
 
-  
 
Agency residential MBS  
 
853,871
 
 
 
-  
 
 
 
853,871
 
 
 
-  
 
Non-agency residential MBS  
 
114
 
 
 
-  
 
 
 
114
 
 
 
-  
 
Agency commercial MBS  
 
1,842
 
 
 
-  
 
 
 
1,842
 
 
 
-  
 
Securities of U.S. Government entities  
 
1,119
 
 
 
-  
 
 
 
1,119
 
 
 
-  
 
Obligations of states and political subdivisions  
 
179,091
 
 
 
-  
 
 
 
179,091
 
 
 
-  
 
Corporate securities  
 
1,315,041
 
 
 
-  
 
 
 
1,315,041
 
 
 
-  
 
Total debt securities available for sale  
 
2,654,670
 
 
 
139,574
 
 
 
2,515,096
 
 
 
-  
 
Total  
$
2,656,417
 
 
$
139,574
 
 
$
2,516,843
 
 
$
-  
 
Fair Value Measurements, Nonrecurring [Table Text Block]
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
For the
Three Months Ended
    At March 31, 2019  
March 31, 2019
   
Carrying Value
 
Level 1
 
Level 2
 
Level 3
 
Total Losses
    (In thousands)
Other real estate owned  
$
43
 
 
$
-  
 
 
$
-  
 
 
$
43
 
 
$
-  
 
Impaired loans:  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial  
 
6,342
 
 
 
-  
 
 
 
-  
 
 
 
6,342
 
 
 
-  
 
Commercial real estate  
 
4,100
 
 
 
-  
 
 
 
-  
 
 
 
4,100
 
 
 
-  
 
Residential real estate  
 
197
 
 
 
-  
 
 
 
-  
 
 
 
197
 
 
 
-  
 
Consumer installment and other  
 
77
 
 
 
-  
 
 
 
-  
 
 
 
77
 
 
 
-  
 
Total assets measured at fair value on a nonrecurring basis  
$
10,759
 
 
$
-  
 
 
$
-  
 
 
$
10,759
 
 
$
-  
 
 
 
 
 
 

 
 
 
 

 
 
 
 

 
 
 
 

 
 
 
For the

Year Ended
    At December 31, 2018  
December 31, 2018
   
Carrying Value
 
Level 1
 
Level 2
 
Level 3
 
Total Losses
    (In thousands)
Other real estate owned  
$
350
 
 
$
-  
 
 
$
-  
 
 
$
350
 
 
$
-  
 
Impaired loans:  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial  
 
6,437
 
 
 
-  
 
 
 
-  
 
 
 
6,437
 
 
 
-  
 
Commercial real estate  
 
3,870
 
 
 
-  
 
 
 
-  
 
 
 
3,870
 
 
 
(240
)
Total assets measured at fair value on a nonrecurring basis  
$
10,657
 
 
$
-  
 
 
$
-  
 
 
$
10,657
 
 
$
(240
)
Fair Value, by Balance Sheet Grouping [Table Text Block]
 
 
At March 31, 2019
 
 
Carrying Amount
 
Estimated Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2 )
 
Significant Unobservable Inputs
(Level 3 )
Financial Assets:
 
(In thousands)
Cash and due from banks
 
$
421,788
 
 
$
421,788
 
 
$
421,788
 
 
$
-
 
 
$
-
 
Debt securities held to maturity
 
 
923,190
 
 
 
920,603
 
 
 
-
 
 
 
920,603
 
 
 
-
 
Loans
 
 
1,184,367
 
 
 
1,213,251
 
 
 
-
 
 
 
-
 
 
 
1,213,251
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
 
$
4,792,584
 
 
$
4,788,497
 
 
$
-
 
 
$
4,603,369
 
 
$
185,128
 
Short-term borrowed funds
 
 
58,317
 
 
 
58,317
 
 
 
-
 
 
 
58,317
 
 
 
-
 
 
 
At December 31, 2018
 
 
Carrying Amount
 
Estimated Fair Value
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2 )
 
Significant Unobservable Inputs
(Level 3 )
Financial Assets:
 
(In thousands)
Cash and due from banks
 
$
420,284
 
 
$
420,284
 
 
$
420,284
 
 
$
-
 
 
$
-
 
Debt securities held to maturity
 
 
984,609
 
 
 
971,445
 
 
 
-
 
 
 
971,445
 
 
 
-
 
Loans
 
 
1,185,851
 
 
 
1,184,770
 
 
 
-
 
 
 
-
 
 
 
1,184,770
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Deposits
 
$
4,866,839
 
 
$
4,862,668
 
 
$
-
 
 
$
4,671,588
 
 
$
191,080
 
Short-term borrowed funds
 
 
51,247
 
 
 
51,247
 
 
 
-
 
 
 
51,247
 
 
 
-