Note 12 - Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

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

	Fair Value Measurements at March 31, 2023 Using
	Balance at March 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2023		Level 1		Level 2		Level 3
Securities available for sale:
U.S. Treasury	$	141,552	$	—	$	141,552	$	—
Federal agencies and GSEs		84,273		—		84,273		—
Mortgage-backed and CMOs		286,231		—		286,231		—
State and municipal		46,909		—		46,909		—
Corporate		27,442		—		27,442		—
Total securities available for sale	$	586,407	$	—	$	586,407	$	—
Loans held for sale	$	650	$	—	$	650	$	—
Derivatives - cash flow hedges	$	770	$	—	$	770	$	—

	Fair Value Measurements at December 31, 2022 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2022		Level 1		Level 2		Level 3
Securities available for sale:
U.S. Treasury	$	139,427	$	—	$	139,427	$	—
Federal agencies and GSEs		83,348		—		83,348		—
Mortgage-backed and CMOs		294,093		—		294,093		—
State and municipal		63,723		—		63,723		—
Corporate		27,471		—		27,471		—
Total securities available for sale	$	608,062	$	—	$	608,062	$	—
Loans held for sale	$	1,061	$	—	$	1,061	$	—
Derivative - cash flow hedges	$	1,325	$	—	$	1,325	$	—

Fair Value Measurements, Nonrecurring [Table Text Block]

	Fair Value Measurements at March 31, 2023 Using
	Balance at March 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2023		Level 1		Level 2		Level 3
Assets:
Individually assessed loans, net of valuation allowance	$	1,572	$	—	$	—	$	1,572
Other real estate owned, net		27		—		—		27

	Fair Value Measurements at December 31, 2022 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2022		Level 1		Level 2		Level 3
Assets:
Impaired loans, net of valuation allowance	$	7	$	—	$	—	$	7
Other real estate owned, net		27		—		—		27

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

Assets	Valuation Technique	Unobservable Input	Range; Weighted Average (1)
Individually assessed loans	Discounted appraised value	Selling cost	8.00% - 15%
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 March 31, 2023 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	$	103,430	$	103,430	$	—	$	—	$	103,430
Securities available for sale		586,407		—		586,407		—		586,407
Restricted stock		9,319		—		9,319		—		9,319
Loans held for sale		650		—		650		—		650
Loans, net of allowance		2,174,656		—		—		2,095,154		2,095,154
Derivative - cash flow hedges		770		—		770		—		770
Bank owned life insurance		29,853		—		29,853		—		29,853
Accrued interest receivable		6,750		—		6,750		—		6,750
Financial Liabilities:
Deposits	$	2,612,250	$	—	$	2,610,215	$	—	$	2,610,215
Repurchase agreements		63,220		—		63,220		—		63,220
Other short-term borrowings		25,000		25,000		—		—		25,000
Junior subordinated debt		28,359		—		—		24,112		24,112
Accrued interest payable		1,286		—		1,286		—		1,286

	Fair Value Measurements at December 31, 2022 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	$	73,340	$	73,340	$	—	$	—	$	73,340
Securities available for sale		608,062		—		608,062		—		608,062
Restricted stock		12,651		—		12,651		—		12,651
Loans held for sale		1,061		—		1,061		—		1,061
Loans, net of allowance		2,166,894		—		—		2,096,480		2,096,480
Bank owned life insurance		29,692		—		29,692		—		29,692
Derivative - cash flow hedges		1,325		—		1,325		—		1,325
Accrued interest receivable		7,255		—		7,255		—		7,255
Financial Liabilities:
Deposits	$	2,596,328	$	—	$	2,595,713	$	—	$	2,595,713
Repurchase agreements		370		—		370		—		370
Other short-term borrowings		100,531		—		100,531		—		100,531
Junior subordinated debt		28,334		—		—		24,479		24,479
Accrued interest payable		799		—		799		—		799