Note 16 - Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2020

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Fair Value Measurements at June 30, 2020 Using
	Balance at June 30,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2020		Level 1		Level 2		Level 3
Assets:
Securities available for sale:
U.S. Treasury	$	9,998	$	—	$	9,998	$	—
Federal agencies and GSEs		53,438		—		53,438		—
Mortgage-backed and CMOs		200,919		—		200,919		—
State and municipal		46,680		—		46,680		—
Corporate		11,488		—		11,488		—
Total securities available for sale	$	322,523	$	—	$	322,523	$	—
Liabilities:
Derivative - cash flow hedges	$	5,616	$	—	$	5,616	$	—

	Fair Value Measurements at December 31, 2019 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2019		Level 1		Level 2		Level 3
Assets:
Securities available for sale:
U.S. Treasury	$	14,987	$	—	$	14,987	$	—
Federal agencies and GSEs		128,114		—		128,114		—
Mortgage-backed and CMOs		184,240		—		184,240		—
State and municipal		42,154		—		42,154		—
Corporate		9,700		—		9,700		—
Total securities available for sale	$	379,195	$	—	$	379,195	$	—
Liabilities:
Derivative - cash flow hedges	$	2,658	$	—	$	2,658	$	—

Fair Value Measurements, Nonrecurring [Table Text Block]

	Fair Value Measurements at June 30, 2020 Using
	Balance at June 30,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2020		Level 1		Level 2		Level 3
Assets:
Impaired loans, net of valuation allowance	$	370	$	—	$	—	$	370
Other real estate owned, net		984		—		—		984
Repossessions		362		—		—		362

	Fair Value Measurements at December 31, 2019 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2019		Level 1		Level 2		Level 3
Assets:
Impaired loans, net of valuation allowance	$	759	$	—	$	—	$	759
Other real estate owned, net		1,308		—		—		1,308

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

Assets	Valuation Technique	Unobservable Input	Range; Weighted Average (1)
Impaired loans	Discounted appraised value	Selling cost	8.00%
	Discounted cash flow analysis	Market rate for borrower (discount rate)	3.50% - 9.80%; 5.12%
Other real estate owned, net	Discounted appraised value	Selling cost	8.00%

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

	Fair Value Measurements at June 30, 2020 Using
	Carrying		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Fair Value
	Value		Level 1		Level 2		Level 3		Balance
Financial Assets:
Cash and cash equivalents	$	251,605	$	251,605	$	—	$	—	$	251,605
Securities available for sale		322,523		—		322,523		—		322,523
Restricted stock		8,694		—		8,694		—		8,694
Loans held for sale		2,845		—		2,845		—		2,845
Loans, net of allowance		2,083,204		—		—		2,072,726		2,072,726
Bank owned life insurance		28,122		—		28,122		—		28,122
Accrued interest receivable		8,921		—		8,921		—		8,921
Financial Liabilities:
Deposits	$	2,431,776	$	—	$	2,436,267	$	—	$	2,436,267
Repurchase agreements		46,296		—		46,296		—		46,296
Subordinated debt		7,508		—		7,545		—		7,545
Junior subordinated debt		28,080		—		—		18,712		18,712
Accrued interest payable		1,004		—		1,004		—		1,004
Derivative - cash flow hedges		5,616		—		5,616		—		5,616

	Fair Value Measurements at December 31, 2019 Using
	Carrying		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Fair Value
	Value		Level 1		Level 2		Level 3		Balance
Financial Assets:
Cash and cash equivalents	$	79,582	$	79,582	$	—	$	—	$	79,582
Securities available for sale		379,195		—		379,195		—		379,195
Restricted stock		8,630		—		8,630		—		8,630
Loans held for sale		2,027		—		2,027		—		2,027
Loans, net of allowance		1,817,663		—		—		1,818,655		1,818,655
Bank owned life insurance		27,817		—		27,817		—		27,817
Accrued interest receivable		6,625		—		6,625		—		6,625
Financial Liabilities:
Deposits	$	2,060,547	$	—	$	2,062,823	$	—	$	2,062,823
Repurchase agreements		40,475		—		40,475		—		40,475
Subordinated debt		7,517		—		8,525		—		8,525
Junior subordinated debt		28,029		—		—		22,697		22,697
Accrued interest payable		1,213		—		1,213		—		1,213
Derivative - cash flow hedges		2,658		—		2,658		—		2,658