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Note 4 - Securities (Tables) | 6 Months Ended
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Jun. 30, 2019
Notes Tables |
Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block] |
|  |  |  |  |  |  |  |  |  | Gross |  |  | Gross |
|  | Amortized |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  | Cost |  |  | Fair Value |  |  | Gains |  |  | Losses |
|  | (In thousands) |
Securities held-to-maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Municipals |  | $ | 52,242 |  |  | $ | 54,131 |  |  | $ | 1,889 |  |  | $ | - |
Total other securities |  |  | 52,242 |  |  |  | 54,131 |  |  |  | 1,889 |  |  |  | - |
FNMA |  |  | 7,944 |  |  |  | 8,038 |  |  |  | 94 |  |  |  | - |
Total mortgage-backed securities |  |  | 7,944 |  |  |  | 8,038 |  |  |  | 94 |  |  |  | - |
Total |  | $ | 60,186 |  |  | $ | 62,169 |  |  | $ | 1,983 |  |  | $ | - |
|  |  |  |  |  |  |  |  |  | Gross |  |  | Gross |
|  | Amortized |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  | Cost |  |  | Fair Value |  |  | Gains |  |  | Losses |
|  | (In thousands) |
Securities held-to-maturity: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Municipals |  | $ | 24,065 |  |  | $ | 22,508 |  |  | $ | - |  |  | $ | 1,557 |
Total other securities |  |  | 24,065 |  |  |  | 22,508 |  |  |  | - |  |  |  | 1,557 |
FNMA |  |  | 7,953 |  |  |  | 7,366 |  |  |  | - |  |  |  | 587 |
Total mortgage-backed securities |  |  | 7,953 |  |  |  | 7,366 |  |  |  | - |  |  |  | 587 |
Total |  | $ | 32,018 |  |  | $ | 29,874 |  |  | $ | - |  |  | $ | 2,144 |
|  |  |  |  |  |  |  |  |  | Gross |  |  | Gross |
|  | Amortized |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  | Cost |  |  | Fair Value |  |  | Gains |  |  | Losses |
|  | (In thousands) |
Corporate |  | $ | 130,000 |  |  | $ | 122,036 |  |  | $ | - |  |  | $ | 7,964 |
Municipals |  |  | 18,908 |  |  |  | 19,141 |  |  |  | 233 |  |  |  | - |
Mutual funds |  |  | 12,042 |  |  |  | 12,042 |  |  |  | - |  |  |  | - |
Collateralized loan obligations |  |  | 100,324 |  |  |  | 99,650 |  |  |  | 60 |  |  |  | 734 |
Other |  |  | 1,303 |  |  |  | 1,303 |  |  |  | - |  |  |  | - |
Total other securities |  |  | 262,577 |  |  |  | 254,172 |  |  |  | 293 |  |  |  | 8,698 |
REMIC and CMO |  |  | 370,689 |  |  |  | 372,761 |  |  |  | 3,181 |  |  |  | 1,109 |
GNMA |  |  | 734 |  |  |  | 790 |  |  |  | 56 |  |  |  | - |
FNMA |  |  | 96,445 |  |  |  | 96,445 |  |  |  | 572 |  |  |  | 572 |
FHLMC |  |  | 83,731 |  |  |  | 84,485 |  |  |  | 1,012 |  |  |  | 258 |
Total mortgage-backed securities |  |  | 551,599 |  |  |  | 554,481 |  |  |  | 4,821 |  |  |  | 1,939 |
Total securities available for sale |  | $ | 814,176 |  |  | $ | 808,653 |  |  | $ | 5,114 |  |  | $ | 10,637 |
|  |  |  |  |  |  |  |  |  | Gross |  |  | Gross |
|  | Amortized |  |  |  |  |  |  | Unrealized |  |  | Unrealized |
|  | Cost |  |  | Fair Value |  |  | Gains |  |  | Losses |
|  | (In thousands) |
Corporate |  | $ | 130,000 |  |  | $ | 118,535 |  |  | $ | - |  |  | $ | 11,465 |
Municipals |  |  | 46,231 |  |  |  | 46,574 |  |  |  | 343 |  |  |  | - |
Mutual funds |  |  | 11,586 |  |  |  | 11,586 |  |  |  | - |  |  |  | - |
Collateralized loan obligations |  |  | 88,396 |  |  |  | 86,751 |  |  |  | - |  |  |  | 1,645 |
Other |  |  | 1,256 |  |  |  | 1,256 |  |  |  | - |  |  |  | - |
Total other securities |  |  | 277,469 |  |  |  | 264,702 |  |  |  | 343 |  |  |  | 13,110 |
REMIC and CMO |  |  | 382,632 |  |  |  | 376,340 |  |  |  | 885 |  |  |  | 7,177 |
GNMA |  |  | 785 |  |  |  | 826 |  |  |  | 41 |  |  |  | - |
FNMA |  |  | 94,069 |  |  |  | 91,693 |  |  |  | 72 |  |  |  | 2,448 |
FHLMC |  |  | 90,377 |  |  |  | 89,094 |  |  |  | 113 |  |  |  | 1,396 |
Total mortgage-backed securities |  |  | 567,863 |  |  |  | 557,953 |  |  |  | 1,111 |  |  |  | 11,021 |
Total securities available for sale |  | $ | 845,332 |  |  | $ | 822,655 |  |  | $ | 1,454 |  |  | $ | 24,131 |
Investments Classified by Contractual Maturity Date [Table Text Block] |
|  | Amortized |  |  |  |  |
Securities held-to-maturity: |  | Cost |  |  | Fair Value |
|  | (In thousands) |
Due in one year or less |  | $ | 1,180 |  |  | $ | 1,180 |
Due after ten years |  |  | 51,062 |  |  |  | 52,951 |
Total other securities |  |  | 52,242 |  |  |  | 54,131 |
Mortgage-backed securities |  |  | 7,944 |  |  |  | 8,038 |
Total |  | $ | 60,186 |  |  | $ | 62,169 |
|  | Amortized |  |  |  |  |
Securities available for sale: |  | Cost |  |  | Fair Value |
|  | (In thousands) |
Due after one year through five years |  | $ | 10,000 |  |  | $ | 9,683 |
Due after five years through ten years |  |  | 137,910 |  |  |  | 130,259 |
Due after ten years |  |  | 102,625 |  |  |  | 102,188 |
Total other securities |  |  | 250,535 |  |  |  | 242,130 |
Mutual funds |  |  | 12,042 |  |  |  | 12,042 |
Mortgage-backed securities |  |  | 551,599 |  |  |  | 554,481 |
Total |  | $ | 814,176 |  |  | $ | 808,653 |
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block] |
|  | At June 30, 2019 |
|  | Total |  |  | Less than 12 months |  |  | 12 months or more |
|  |  |  |  |  |  |  |  |  | Unrealized |  |  |  |  |  |  | Unrealized |  |  |  |  |  |  | Unrealized |
|  | Count |  |  | Fair Value |  |  | Losses |  |  | Fair Value |  |  | Losses |  |  | Fair Value |  |  | Losses |
|  |  |  |  |  | (Dollars in thousands) |
Available for sale securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  |  | 16 |  |  | $ | 122,036 |  |  | $ | 7,964 |  |  | $ | 19,720 |  |  | $ | 280 |  |  | $ | 102,316 |  |  | $ | 7,684 |
CLO |  |  | 10 |  |  |  | 80,046 |  |  |  | 734 |  |  |  | 80,046 |  |  |  | 734 |  |  |  | - |  |  |  | - |
Total other securities |  |  | 26 |  |  |  | 202,082 |  |  |  | 8,698 |  |  |  | 99,766 |  |  |  | 1,014 |  |  |  | 102,316 |  |  |  | 7,684 |
REMIC and CMO |  |  | 19 |  |  |  | 126,261 |  |  |  | 1,109 |  |  |  | 38,059 |  |  |  | 95 |  |  |  | 88,202 |  |  |  | 1,014 |
FNMA |  |  | 5 |  |  |  | 60,396 |  |  |  | 572 |  |  |  | - |  |  |  | - |  |  |  | 60,396 |  |  |  | 572 |
FHLMC |  |  | 2 |  |  |  | 40,398 |  |  |  | 258 |  |  |  | - |  |  |  | - |  |  |  | 40,398 |  |  |  | 258 |
Total mortgage-backed securities |  |  | 26 |  |  |  | 227,055 |  |  |  | 1,939 |  |  |  | 38,059 |  |  |  | 95 |  |  |  | 188,996 |  |  |  | 1,844 |
Total |  |  | 52 |  |  | $ | 429,137 |  |  | $ | 10,637 |  |  | $ | 137,825 |  |  | $ | 1,109 |  |  | $ | 291,312 |  |  | $ | 9,528 |
|  | At December 31, 2018 |
|  | Total |  |  | Less than 12 months |  |  | 12 months or more |
|  |  |  |  |  |  |  |  |  | Unrealized |  |  |  |  |  |  | Unrealized |  |  |  |  |  |  | Unrealized |
|  | Count |  |  | Fair Value |  |  | Losses |  |  | Fair Value |  |  | Losses |  |  | Fair Value |  |  | Losses |
|  | (Dollars in thousands) |
Held-to-maturity securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Municipals |  |  | 1 |  |  | $ | 19,940 |  |  | $ | 1,557 |  |  | $ | - |  |  | $ | - |  |  | $ | 19,940 |  |  | $ | 1,557 |
Total other securities |  |  | 1 |  |  |  | 19,940 |  |  |  | 1,557 |  |  |  | - |  |  |  | - |  |  |  | 19,940 |  |  |  | 1,557 |
FNMA |  |  | 1 |  |  |  | 7,366 |  |  |  | 587 |  |  |  | - |  |  |  | - |  |  |  | 7,366 |  |  |  | 587 |
Total mortgage-backed securities |  |  | 1 |  |  |  | 7,366 |  |  |  | 587 |  |  |  | - |  |  |  | - |  |  |  | 7,366 |  |  |  | 587 |
Total securities held-to-maturity |  |  | 2 |  |  | $ | 27,306 |  |  | $ | 2,144 |  |  | $ | - |  |  | $ | - |  |  | $ | 27,306 |  |  | $ | 2,144 |
Available for sale securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Corporate |  |  | 16 |  |  | $ | 118,535 |  |  | $ | 11,465 |  |  | $ | 19,113 |  |  | $ | 888 |  |  | $ | 99,422 |  |  | $ | 10,577 |
Municipals |  |  | 3 |  |  |  | 4,220 |  |  |  | - |  |  |  | 4,220 |  |  |  | - |  |  |  | - |  |  |  | - |
CLO |  |  | 11 |  |  |  | 86,752 |  |  |  | 1,645 |  |  |  | 86,752 |  |  |  | 1,645 |  |  |  | - |  |  |  | - |
Total other securities |  |  | 30 |  |  |  | 209,507 |  |  |  | 13,110 |  |  |  | 110,085 |  |  |  | 2,533 |  |  |  | 99,422 |  |  |  | 10,577 |
REMIC and CMO |  |  | 39 |  |  |  | 243,756 |  |  |  | 7,177 |  |  |  | 17,308 |  |  |  | 200 |  |  |  | 226,448 |  |  |  | 6,977 |
GNMA |  |  | 1 |  |  |  | 51 |  |  |  | - |  |  |  | 51 |  |  |  | - |  |  |  | - |  |  |  | - |
FNMA |  |  | 14 |  |  |  | 85,046 |  |  |  | 2,448 |  |  |  | 6,372 |  |  |  | 17 |  |  |  | 78,674 |  |  |  | 2,431 |
FHLMC |  |  | 3 |  |  |  | 51,288 |  |  |  | 1,396 |  |  |  | 10,116 |  |  |  | 95 |  |  |  | 41,172 |  |  |  | 1,301 |
Total mortgage-backed securities |  |  | 57 |  |  |  | 380,141 |  |  |  | 11,021 |  |  |  | 33,847 |  |  |  | 312 |  |  |  | 346,294 |  |  |  | 10,709 |
Total securities available for sale |  |  | 87 |  |  | $ | 589,648 |  |  | $ | 24,131 |  |  | $ | 143,932 |  |  | $ | 2,845 |  |  | $ | 445,716 |  |  | $ | 21,286 |
Schedule of Realized Gain (Loss) [Table Text Block] |
|  | For the three months ended |  |  | For the six months ended |
|  | June 30, |  |  | June 30, |
|  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
|  | (In thousands) |
Gross gains from the sale of securities |  | $ | 423 |  |  | $ | - |  |  | $ | 423 |  |  | $ | - |
Gross losses from the sale of securities |  |  | (438 | ) |  |  | - |  |  |  | (438 | ) |  |  | - |
Net losses from the sale of securities |  | $ | (15 | ) |  | $ | - |  |  | $ | (15 | ) |  | $ | - |

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