Note 8 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

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)
September 30, 2022
Hedged Loans	$	25,101		—		25,101		—
Investment securities available-for-sale:
U.S. Treasury and other U.S. government agencies		13,478		13,478		—		—
U.S. Government sponsored enterprises		148,854		—		148,854		—
Mortgage-backed securities		453,408		—		453,408		—
Asset-backed securities		39,730		—		39,730		—
Corporate bonds		2,379		—		2,379		—
State and municipal securities		181,303		—		181,303		—
Total investment securities available-for-sale		839,152		13,478		825,674		—
Mortgage loans held for sale		3,555		—		3,555		—
Derivative instruments		5,146		—		5,146		—
Other investments		2,073		—		—		2,073
Total assets	$	875,027		13,478		859,476		2,073
Derivative instruments	$	147		—		147		—
Total liabilities	$	147		—		147		—
December 31, 2021
Hedged Loans	$	28,717		—		28,717		—
Investment securities available-for-sale:
U.S. Treasury and other U.S. government agencies		7,221		7,221		—		—
U.S. Government sponsored enterprises		159,230		—		159,230		—
Mortgage-backed securities		461,777		—		461,777		—
Asset-backed securities		46,713		—		46,713		—
Corporate bonds		2,575		—		2,575		—
State and municipal securities		220,069		—		220,069		—
Total investment securities available-for-sale		897,585		7,221		890,364		—
Mortgage loans held for sale		11,843		—		11,843		—
Derivative instruments		1,855		—		1,855		—
Other investments		2,034		—		—		2,034
Total assets	$	942,034		7,221		932,779		2,034
Derivative instruments	$	—		—		—		—
Total liabilities	$	—		—		—		—

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)
September 30, 2022
Other real estate owned	$	—		—		—		—
Collateral dependent loans (¹)		643		—		—		643
Total	$	643		—		—		643
December 31, 2021
Other real estate owned	$	—		—		—		—
Impaired loans, net (¹)		668		—		—		668
Total	$	668		—		—		668

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

	Valuation Techniques (1)	Significant Unobservable Inputs	Weighted Average
Collateral dependent 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 September 30,
	2022				2021
	Other Assets		Other Liabilities		Other Assets		Other Liabilities
Fair value, July 1	$	2,026		—	$	—		—
Total realized gains (losses) included in income		47		—		20		—
Change in unrealized gains/losses included in other comprehensive income for assets and liabilities still held at September 30		—		—		—		—
Purchases, issuances and settlements, net		—		—		2,000		—
Transfers out of Level 3		—		—		—		—
Fair value, September 30	$	2,073		—	$	2,020		—
Total realized gains (losses) included in income related to financial assets and liabilities still on the consolidated balance sheet at September 30	$	47		—	$	20		—

	For the Nine Months Ended September 30,
	2022				2021
	Other Assets		Other Liabilities		Other Assets		Other Liabilities
Fair value, January 1	$	2,034		—	$	—		—
Total realized gains (losses) included in income		39		—		20		—
Change in unrealized gains/losses included in other comprehensive income for assets and liabilities still held at September 30		—		—		—		—
Purchases, issuances and settlements, net		—		—		2,000		—
Transfers out of Level 3		—		—		—		—
Fair value, September 30	$	2,073		—	$	2,020		—
Total realized gains (losses) included in income related to financial assets and liabilities still on the consolidated balance sheet at September 30	$	39		—	$	20		—

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)
September 30, 2022
Financial assets:
Cash and cash equivalents	$	95,572		95,572		95,572		—		—
Loans, net		2,928,644		2,862,636		—		—		2,862,636
Mortgage servicing rights		1,016		1,194		—		1,194		—
Financial liabilities:
Deposits		3,745,656		3,021,826		—		—		3,021,826
December 31, 2021
Financial assets:
Cash and cash equivalents	$	453,418		453,418		453,418		—		—
Loans, net		2,444,282		2,439,539		—		—		2,439,539
Financial liabilities:
Deposits		3,555,071		3,227,520		—		—		3,227,520