Note 6 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

	Fair Value Measurements Using:
			Quoted Prices		Significant
			in Active		Other		Significant
			Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
(in thousands)	Total		(Level 1)		(Level 2)		(Level 3)
September 30, 2023:
Financial Assets:
Available-for-Sale Securities:
State and municipals	$	132,595	$	—	$	132,483	$	112
Pass-through mortgage securities		133,032		—		133,032		—
Collateralized mortgage obligations		163,912		—		163,912		—
SBA agency obligations		129,719		—		129,719		—
Corporate bonds		104,245		—		104,245		—
		663,503		—		663,391		112
Derivative - interest rate swaps		6,026		—		6,026		—
	$	669,529	$	—	$	669,417	$	112
December 31, 2022:
Financial Assets:
Available-for-Sale Securities:
State and municipals	$	305,247	$	—	$	304,680	$	567
Pass-through mortgage securities		148,520		—		148,520		—
Collateralized mortgage obligations		113,394		—		113,394		—
Corporate bonds		106,252		—		106,252		—
	$	673,413	$	—	$	672,846	$	567

Fair Value, by Balance Sheet Grouping [Table Text Block]

	Level of	September 30, 2023				December 31, 2022
	Fair Value	Carrying				Carrying
(in thousands)	Hierarchy	Amount		Fair Value		Amount		Fair Value
Financial Assets:
Cash and cash equivalents	Level 1	$	56,199	$	56,199	$	74,178	$	74,178
Loans, net (1)	Level 3		3,225,210		2,922,691		3,280,301		3,064,849
Restricted stock	n/a		25,442		n/a		26,363		n/a
Financial Liabilities:
Checking deposits	Level 1		1,187,753		1,187,753		1,324,141		1,324,141
Savings, NOW and money market deposits	Level 1		1,644,235		1,644,235		1,661,512		1,661,512
Time deposits	Level 2		605,522		597,673		478,981		467,986
Short-term borrowings	Level 1		—		—		—		—
Long-term debt	Level 2		382,500		379,060		411,000		407,890