Note 7 - Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

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

	Assets and Liabilities Measured at Fair Value on a Recurring Basis
	(In Thousands)
	Total Carrying Value in the Consolidated Balance Sheet		Quoted Market Prices in an Active Market (Level 1)		Models with Significant Observable Market Parameters (Level 2)		Models with Significant Unobservable Market Parameters (Level 3)
March 31, 2020
Investment securities available-for-sale:
U.S. Government sponsored enterprises	$	52,938		—		52,938		—
Mortgage-backed securities		254,216		—		254,216		—
Asset-backed securities		26,330		—		26,330		—
State and municipal securities		73,740		—		73,740		—
Total investment securities available-for-sale		407,224		—		407,224		—
Mortgage loans held for sale		22,183		—		22,183		—
Mortgage banking derivatives		503		—		503		—
Bank owned life insurance		31,945		—		—		31,945
Total assets	$	461,855		—		429,910		31,945
Mortgage banking derivatives	$	385		—		385		—
Total liabilities	$	385		—		385		—
December 31, 2019
Investment securities available-for-sale:
U.S. Government sponsored enterprises	$	59,579		—		59,579		—
Mortgage-backed securities		267,313		—		267,313		—
Asset-backed securities		27,229		—		27,229		—
State and municipal securities		67,024		—		67,024		—
Total investment securities available-for-sale		421,145		—		421,145		—
Mortgage loans held for sale		18,179		—		18,179		—
Mortgage banking derivatives		328		—		328		—
Bank owned life insurance		31,762		—		—		31,762
Total assets	$	471,414		—		439,652		31,762
Mortgage banking derivatives	$	23		—		23		—
Total liabilities	$	23		—		23		—

Fair Value Measurements, Nonrecurring [Table Text Block]

	Assets and Liabilities Measured at Fair Value on a Non-Recurring Basis
	(In Thousands)
	Total Carrying Value in the Consolidated Balance Sheet		Quoted Market Prices in an Active Market (Level 1)		Models with Significant Observable Market Parameters (Level 2)		Models with Significant Unobservable Market Parameters (Level 3)
March 31, 2020
Other real estate owned	$	697		—		—		697
Impaired loans, net (¹)		1,498		—		—		1,498
Total	$	2,195		—		—		2,195
December 31, 2019
Other real estate owned	$	697		—		—		697
Impaired loans, net (¹)		3,916		—		—		3,916
Total	$	4,613		—		—		4,613

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

	Valuation Techniques (2)	Significant Unobservable Inputs	Weighted Average
Impaired loans	Appraisal	Estimated costs to sell	10%
Other real estate owned	Appraisal	Estimated costs to sell	10%

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	For the Three Months Ended March 31,
	2020				2019
	Other Assets		Other Liabilities		Other Assets		Other Liabilities
Fair value, January 1	$	31,762		—	$	30,952		—
Total realized gains included in income		183		—		199		—
Change in unrealized gains/losses included in other comprehensive income for assets and liabilities still held at March 31		—		—		—		—
Purchases, issuances and settlements, net		—		—		—		—
Transfers out of Level 3		—		—		—		—
Fair value, March 31	$	31,945		—	$	31,151		—
Total realized gains included in income related to financial assets and liabilities still on the consolidated balance sheet at March 31	$	183		—	$	199		—

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

	Carrying/ Notional		Estimated		Quote Market Prices in an Active Market		Models with Significant Observable Market Parameters		Models with Significant Unobservable Market Parameters
(in Thousands)	Amount		Fair Value (¹)		(Level 1)		(Level 2)		(Level 3)
March 31, 2020
Financial assets:
Cash and cash equivalents	$	177,217		177,217		177,217		—		—
Loans, net		2,131,731		2,141,796		—		—		2,141,796
Restricted equity securities		4,680		NA		NA		NA		NA
Accrued interest receivable		7,027		7,027		—		1,534		5,493
Financial liabilities:
Deposits		2,485,537		2,349,761		—		—		2,349,761
Federal Home Loan Bank borrowings		20,808		21,485		—		—		21,485
Accrued interest payable		3,214		3,214		—		—		3,214
December 31, 2019
Financial assets:
Cash and cash equivalents	$	159,770		159,770		159,770		—		—
Loans, net		2,057,175		2,053,212		—		—		2,053,212
Restricted equity securities		4,680		NA		NA		NA		NA
Accrued interest receivable		5,945		5,945		5		1,647		4,293
Financial liabilities:
Deposits		2,417,605		2,210,038		—		—		2,210,038
Federal Home Loan Bank borrowings		23,613		23,860		—		—		23,860
Accrued interest payable		3,814		3,814		—		—		3,814