Note 22 - Fair Value (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023:
Securities AFS:
U.S. treasuries and govt. sponsored agency securities	$	14,973	$	—	$	14,973	$	—
Residential mortgage-backed and related securities		59,196		—		59,196		—
Municipal securities		170,987		—		170,987		—
Asset-backed securities		15,423		—		15,423		—
Other securities		39,076		—		39,076		—
Securities trading		22,369		—		—		22,369
Derivatives		187,341		—		187,341		—
Total assets measured at fair value	$	509,365	$	—	$	486,996	$	22,369
Derivatives	$	215,735	$	—	$	215,735	$	—
Total liabilities measured at fair value	$	215,735	$	—	$	215,735	$	—
December 31, 2022:
Securities AFS:
U.S. govt. sponsored agency securities	$	16,981	$	—	$	16,981	$	—
Residential mortgage-backed and related securities		66,215		—		66,215		—
Municipal securities		193,178		—		193,178		—
Asset-backed securities		18,728		—		18,728		—
Other securities		45,858		—		45,858		—
Derivatives		177,631		—		177,631		—
Total assets measured at fair value	$	518,591	$	—	$	518,591	$	—
Derivatives	$	200,701	$	—	$	200,701	$	—
Total liabilities measured at fair value	$	200,701	$	—	$	200,701	$	—

			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, 2023:
Loans/leases evaluated individually	$	33,656	$	—	$	—	$	33,656
OREO		1,455		—		—		1,455
	$	35,111	$	—	$	—	$	35,111
December 31, 2022:
Loans/leases evaluated individually	$	30,765	$	—	$	—	$	30,765
OREO		144		—		—		144
	$	30,909	$	—	$	—	$	30,909

Schedule of assets measured at fair value, valuation techniques

	Quantitative Information about Level Fair Value Measurements
	Fair Value		Fair Value
	December 31,		December 31,
	2023		2022		Valuation Technique	Unobservable Input	Range
	(dollars in thousands)
Loans/leases evaluated individually	$	33,656	$	30,765	Appraisal of collateral	Appraisal adjustments	-10.00	%	to	-30.00	%
OREO		1,455		144	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, 2023				As of December 31, 2022
	Hierarchy	Carrying		Estimated		Carrying		Estimated
	Level	Value		Fair Value		Value		Fair Value
		(dollars in thousands)
Cash and due from banks	Level 1	$	97,123	$	97,123	$	59,723	$	59,723
Federal funds sold	Level 2		35,450		35,450		56,910		56,910
Interest-bearing deposits at financial institutions	Level 2		104,919		104,919		67,360		67,360
Investment securities:
HTM	Level 2		683,504		680,279		587,142		535,636
AFS	Level 2		299,655		299,655		340,960		340,960
Trading	Level 3		22,369		22,369		—		—
Loans/leases receivable, net	Level 3		31,163		33,656		28,486		30,765
Loans/leases receivable, net	Level 2		6,425,053		6,125,433		6,022,679		5,896,443
Derivatives	Level 2		187,341		187,341		177,631		177,631
Deposits:
Nonmaturity deposits	Level 2		5,504,323		5,504,323		5,199,633		5,199,633
Time deposits	Level 2		1,009,682		996,746		784,584		766,294
Short-term borrowings	Level 2		1,500		1,500		129,630		129,630
FHLB advances	Level 2		435,000		437,178		415,000		415,000
Subordinated notes	Level 2		233,064		240,235		232,662		250,613
Junior subordinated debentures	Level 2		48,731		40,397		48,602		41,545
Derivatives	Level 2		215,735		215,735		200,701		200,701