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Note 15 - Financial Derivatives (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
  

June 30, 2022

  

December 31, 2021

 
  (In thousands) 

Cash flow swap hedges:

        

Notional

 $119,136  $119,136 

Weighted average fixed rate-pay

  2.61%  2.61%

Weighted average variable rate-receive

  1.40%  0.16%
         

Unrealized gain/(loss), net of taxes (1)

 $882  $(3,276)
  

Three months ended

  

Six months ended

 
  

June 30, 2022

  

June 30, 2021

  

June 30, 2022

  

June 30, 2021

 

Periodic net settlement of swaps (2)

 $484  $731  $1,172  $1,442 
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
  

June 30, 2022

  

December 31, 2021

 

 

 

(In thousands)

 
Fair value swap hedges:        

Notional

 $901,388  $729,280 

Weighted average fixed rate-pay

  2.01%  2.65%

Weighted average variable rate spread

  0.67%  1.31%

Weighted average variable rate-receive

  1.54%  1.43%
         

Unrealized gain/(loss), net of taxes (1)

 $23,375  $(1,013)
  

Three months ended

  

Six months ended

 
  

June 30, 2022

  

June 30, 2021

  

June 30, 2022

  

June 30, 2021

 

Periodic net settlement of swaps (2)

 $(1,328) $(2,387) $(3,089) $(4,774)
Derivatives Not Designated as Hedging Instruments [Table Text Block]

 

 

June 30, 2022

  

December 31, 2021

 

 

 

(In thousands)

 
Derivative financial instruments not designated as hedging instruments:   

Notional amounts:

        

Option contracts

 $202  $676 

Spot, forward, and swap contracts with positive fair value

 $134,895  $181,997 

Spot, forward, and swap contracts with negative fair value

 $105,824  $51,782 

Fair value:

        

Option contracts

 $2  $3 

Spot, forward, and swap contracts with positive fair value

 $344  $1,113 

Spot, forward, and swap contracts with negative fair value

 $(914) $(327)