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Note 16 - Financial Derivatives (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]
  

December 31, 2023

  

December 31, 2022

 

Fair value swap hedges:

 

($ in thousands)

 

Notional

 $1,156,007  $874,034 

Weighted average fixed rate-pay

  2.01%  2.12%

Weighted average variable rate spread

  0.32%  0.68%

Weighted average variable rate-received

  5.41%  2.61%
         

Net gain/(loss) (1)

 $7,935  $38,589 
  

Year ended

 
  

December 31, 2023

  

December 31, 2022

 

Periodic net settlement of SWAPs (2)

 $29,514  $3,107 
Derivatives Not Designated as Hedging Instruments [Table Text Block]

Derivative financial instruments

 

December 31, 2023

  

December 31, 2022

 

not designated as hedging instruments:

 

(In thousands)

 

Notional amounts:

        

Option contracts

 $  $ 

Forward, and swap contracts with positive fair value

 $775,324  $668,422 

Forward, and swap contracts with negative fair value

 $752,250  $765,639 

Fair value:

        

Forward, and swap contracts with positive fair value

 $39,010  $50,467 

Forward, and swap contracts with negative fair value

 $(38,807) $(50,962)