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Note 8 - Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2023
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) 

June 30, 2023

                

Hedged Loans

 $25,624      25,624    

Investment securities available-for-sale:

                

U.S. Treasury and other U.S. government agencies

  6,540   6,540       

U.S. Government sponsored enterprises

  149,358      149,358    

Mortgage-backed securities

  414,542      414,542    

Asset-backed securities

  42,886      42,886    

Corporate bonds

  2,381      2,381    

State and municipal securities

  184,134      184,134    

Total investment securities available-for-sale

  799,841   6,540   793,301    

Mortgage loans held for sale

  5,389      5,389    

Derivative instruments

  4,643      4,643    

Other investments

  2,047         2,047 

Total assets

 $837,544   6,540   828,957   2,047 
                 

Derivative instruments

 $          

Total liabilities

 $          
                 
                 

December 31, 2022

                

Hedged Loans

 $25,452      25,452    

Investment securities available-for-sale:

                

U.S. Treasury and other U.S. government agencies

  6,497   6,497       

U.S. Government sponsored enterprises

  145,212      145,212    

Mortgage-backed securities

  444,438      444,438    

Asset-backed securities

  45,250      45,250    

Corporate bonds

  2,403      2,403    

State and municipal securities

  179,012      179,012    

Total investment securities available-for-sale

  822,812   6,497   816,315    

Mortgage loans held for sale

  3,355      3,355    

Derivative instruments

  4,705      4,705    

Other investments

  1,965         1,965 

Total assets

 $858,289   6,497   849,827   1,965 
                 

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) 

June 30, 2023

                

Other real estate owned

 $          

Collateral dependent loans (¹)

  4,887         4,887 

Total

 $4,887         4,887 

December 31, 2022

                

Other real estate owned

 $          

Collateral dependent loans (¹)

  638         638 

Total

 $638         638 
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 June 30,

 
  

2023

  

2022

 
  

Other Assets

  

Other Liabilities

  

Other Assets

  

Other Liabilities

 

Fair value, April 1

 $2,007     $2,024    

Total realized gains (losses) included in income

  40      2    

Change in unrealized gains/losses included in other comprehensive income for assets and liabilities still held at June 30

            

Purchases, issuances and settlements, net

            

Transfers out of Level 3

            

Fair value, June 30

 $2,047     $2,026    

Total realized gains (losses) included in income related to financial assets and liabilities still on the consolidated balance sheet at June 30

 $40     $2    
  

For the Six Months Ended June 30,

 
  

2023

  

2022

 
  

Other Assets

  

Other Liabilities

  

Other Assets

  

Other Liabilities

 

Fair value, January 1

 $1,965     $2,034    

Total realized gains (losses) included in income

  82      (8)   

Change in unrealized gains/losses included in other comprehensive income for assets and liabilities still held at June 30

            

Purchases, issuances and settlements, net

            

Transfers out of Level 3

            

Fair value, June 30

 $2,047     $2,026    

Total realized gains (losses) included in income related to financial assets and liabilities still on the consolidated balance sheet at June 30

 $82     $(8)   
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)

 

June 30, 2023

                    

Financial assets:

                    

Cash and cash equivalents

 $187,669   187,669   187,669       

Loans, net

  3,347,312   3,202,440         3,202,440 

Mortgage servicing rights

  1,188   1,526      1,526    

Financial liabilities:

                    

Deposits

  4,162,918   3,629,530         3,629,530 
                     

December 31, 2022

                    

Financial assets:

                    

Cash and cash equivalents

 $104,789   104,789   104,789       

Loans, net

  3,088,344   2,992,161         2,992,161 

Mortgage servicing rights

  1,065   1,252      1,252    

Financial liabilities:

                    

Deposits

  3,892,705   3,210,581         3,210,581