Note 22 - Fair Value (Tables)

12 Months Ended

Dec. 31, 2020

Notes Tables

Schedule of assets measured at fair value

			Fair Value Measurements at Reporting Date Using
			Quoted Prices		Significant
			in Active		Other		Significant
			Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Fair Value		(Level 1)		(Level 2)		(Level 3)
	(dollars in thousands)
December 31, 2020:
Securities AFS:
U.S. govt. sponsored agency securities	$	15,336	$	—	$	15,336	$	—
Residential mortgage-backed and related securities		132,842		—		132,842		—
Municipal securities		152,408		—		152,408		—
Asset-backed securities		40,683		—		40,683		—
Other securities		20,697		—		20,697		—
Derivatives		222,757		—		222,757		—
Total assets measured at fair value	$	584,723	$	—	$	584,723	$	—
Derivatives	$	229,270	$	—	$	229,270	$	—
Total liabilities measured at fair value	$	229,270	$	—	$	229,270	$	—
December 31, 2019:
Securities AFS:
U.S. govt. sponsored agency securities	$	20,078	$	—	$	20,078	$	—
Residential mortgage-backed and related securities		120,587		—		120,587		—
Municipal securities		48,257		—		48,257		—
Asset-backed securities		16,887		—		16,887		—
Other securities		4,886		—		4,886		—
Derivatives		87,827		—		87,827		—
Total assets measured at fair value	$	298,522	$	—	$	298,522	$	—
Derivatives	$	88,437	$	—	$	88,437	$	—
Total liabilities measured at fair value	$	88,437	$	—	$	88,437	$	—

			Fair Value Measurements at Reporting Date Using
			Quoted Prices		Significant
			in Active		Other		Significant
			Markets for		Observable		Unobservable
			Identical Assets		Inputs		Inputs
	Fair Value		Level 1		Level 2		Level 3
	(dollars in thousands)
December 31, 2020:
Impaired loans/leases	$	9,926	$	—	$	—	$	9,926
OREO		22		—		—		22
	$	9,948	$	—	$	—	$	9,948
December 31, 2019:
Impaired loans/leases	$	3,394	$	—	$	—	$	3,394
OREO		4,459		—		—		4,459
	$	7,853	$	—	$	—	$	7,853

Schedule of assets measured at fair value, valuation techniques

	Quantitative Information about Level Fair Value Measurements
	Fair Value		Fair Value
	December 31,		December 31,
	2020		2019		Valuation Technique	Unobservable Input	Range
	(dollars in thousands)
Impaired loans/leases	$	9,926	$	3,394	Appraisal of collateral	Appraisal adjustments	-10.00	%	to	-30.00	%
OREO		22		4,459	Appraisal of collateral	Appraisal adjustments	0.00	%	to	-35.00	%

Schedule of assets and liabilities measured at fair value

	Fair Value	As of December 31, 2020				As of December 31, 2019
	Hierarchy	Carrying		Estimated		Carrying		Estimated
	Level	Value		Fair Value		Value		Fair Value
		(dollars in thousands)
Cash and due from banks	Level 1	$	61,329	$	61,329	$	76,254	$	76,254
Federal funds sold	Level 2		9,080		9,080		9,800		9,800
Interest-bearing deposits at financial institutions	Level 2		86,596		86,596		147,891		147,891
Investment securities:
HTM	Level 2		476,165		521,277		400,646		426,545
AFS	Level 2		361,966		361,966		210,695		210,695
Loans/leases receivable, net	Level 3		9,191		9,926		3,143		3,394
Loans/leases receivable, net	Level 2		4,157,562		4,112,735		3,651,061		3,606,520
Derivatives	Level 2		222,757		222,757		87,827		87,827
Deposits:
Nonmaturity deposits	Level 2		4,138,478		4,138,478		3,184,726		3,184,726
Time deposits	Level 2		460,659		465,681		726,325		742,444
Short-term borrowings	Level 2		5,430		5,430		13,423		13,423
FHLB advances	Level 2		15,000		14,998		159,300		159,193
Subordinated notes	Level 2		118,691		122,406		68,394		68,563
Junior subordinated debentures	Level 2		37,993		30,618		37,838		30,477
Derivatives	Level 2		229,270		229,270		88,437		88,437