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Note 14 - Financial Derivatives (Tables) | 6 Months Ended
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Jun. 30, 2024
Notes Tables |
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] |
|  | June 30, 2024 |  |  | December 31, 2023 |
|  | (In thousands) |
Fair value swap hedges: |  |  |
Notional |  | $ | 837,155 |  |  | $ | 1,156,007 |
Weighted average fixed rate-pay |  |  | 3.79 | % |  |  | 2.01 | %
Weighted average variable rate spread |  |  | 0.24 | % |  |  | 0.32 | %
Weighted average variable rate-receive |  |  | 5.58 | % |  |  | 5.41 | %
Net gain(1) |  | $ | 11,654 |  |  | $ | 7,935 |
|  | Three Months Ended |  |  | Six Months Ended |
|  | June 30, 2024 |  |  | June 30, 2023 |  |  | June 30, 2024 |  |  | June 30, 2023 |
Periodic net settlement of swaps (2) |  | $ | 3,634 |  |  | $ | 7,070 |  |  | $ | 10,475 |  |  | $ | 13,406 |
(1) the amount is included in other non-interest income. |
(2) the amount of periodic net settlement of interest rate swaps was included in interest income. |
Derivatives Not Designated as Hedging Instruments [Table Text Block] |
Derivative financial instruments not designated as hedging instruments: |  | June 30, 2024 |  |  | December 31, 2023 |
|  | (In thousands) |
Notional amounts: |  |  |  |  |  |  |  |
Forward, and swap contracts with positive fair value |  | $ | 810,871 |  |  | $ | 775,324 |
Forward, and swap contracts with negative fair value |  | $ | 735,358 |  |  | $ | 752,250 |
Fair value: |  |  |  |  |  |  |  |
Forward, and swap contracts with positive fair value |  | $ | 40,235 |  |  | $ | 39,010 |
Forward, and swap contracts with negative fair value |  | $ | (40,249 | ) |  | $ | (38,807 | )

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