Note 12 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

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

	Fair Value Measurements at September 30, 2021 Using
	Balance at September 30,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2021		Level 1		Level 2		Level 3
Assets:
Securities available for sale:
U.S. Treasury	$	110,041	$	—	$	110,041	$	—
Federal agencies and GSEs		90,496		—		90,496		—
Mortgage-backed and CMOs		360,408		—		360,408		—
State and municipal		63,866		—		63,866		—
Corporate		19,138		—		19,138		—
Total securities available for sale	$	643,949	$	—	$	643,949	$	—
Loans held for sale	$	9,518	$	—	$	9,518	$	—
Liabilities:
Derivative - cash flow hedges	$	3,265	$	—	$	3,265	$	—

	Fair Value Measurements at December 31, 2020 Using
	Balance at December 31,		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	$	34,998	$	—	$	34,998	$	—
Federal agencies and GSEs		106,023		—		106,023		—
Mortgage-backed and CMOs		252,782		—		252,782		—
State and municipal		59,099		—		59,099		—
Corporate		13,189		—		13,189		—
Total securities available for sale	$	466,091	$	—	$	466,091	$	—
Loans held for sale	$	15,591	$	—	$	15,591	$	—
Liabilities:
Derivative - cash flow hedges	$	4,868	$	—	$	4,868	$	—

Fair Value Measurements, Nonrecurring [Table Text Block]

	Fair Value Measurements at September 30, 2021 Using
	Balance at September 30,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2021		Level 1		Level 2		Level 3
Assets:
Impaired loans, net of valuation allowance	$	22	$	—	$	—	$	22
Other real estate owned, net		213		—		—		213

	Fair Value Measurements at December 31, 2020 Using
	Balance at December 31,		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	$	268	$	—	$	—	$	268
Other real estate owned, net		958		—		—		958

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)	4.13% - 7.20%; 5.21%
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 September 30, 2021 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	$	518,401	$	518,401	$	—	$	—	$	518,401
Securities available for sale		643,949		—		643,949		—		643,949
Restricted stock		8,046		—		8,046		—		8,046
Loans held for sale		9,518		—		9,518		—		9,518
Loans, net of allowance		1,919,702		—		—		1,904,320		1,904,320
Bank owned life insurance		28,950		—		28,950		—		28,950
Accrued interest receivable		5,829		—		5,829		—		5,829
Financial Liabilities:
Deposits	$	2,862,081	$	—	$	2,864,242	$	—	$	2,864,242
Repurchase agreements		26,595		—		26,595		—		26,595
Junior subordinated debt		28,207		—		—		26,037		26,037
Accrued interest payable		424		—		424		—		424
Derivative - cash flow hedges		3,265		—		3,265		—		3,265

	Fair Value Measurements at December 31, 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	$	374,370	$	374,370	$	—	$	—	$	374,370
Securities available for sale		466,091		—		466,091		—		466,091
Restricted stock		8,715		—		8,715		—		8,715
Loans held for sale		15,591		—		15,591		—		15,591
Loans, net of allowance		1,993,653		—		—		1,992,326		1,992,326
Bank owned life insurance		28,482		—		28,482		—		28,482
Accrued interest receivable		7,193		—		7,193		—		7,193
Financial Liabilities:
Deposits	$	2,611,330	$	—	$	2,615,157	$	—	$	2,615,157
Repurchase agreements		42,551		—		42,551		—		42,551
Subordinated debt		7,500		—		7,522		—		7,522
Junior subordinated debt		28,130		—		—		21,696		21,696
Accrued interest payable		778		—		778		—		778
Derivative - cash flow hedges		4,868		—		4,868		—		4,868