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Note 24 - Mortgage Banking Activities (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Disclosure of Long-Lived Assets Held-for-sale [Table Text Block]

Years ended December 31, (in thousands)

 

2022

  

2021

  

2020

 

Balance, beginning of period:

 $8,614  $22,547  $8,748 

Origination of mortgage loans held for sale

  129,193   157,304   258,525 

Loans held for sale acquired

  3,559   3,071   - 

Proceeds from the sale of mortgage loans held for sale

  (139,281)  (177,910)  (249,439)

Net gain on sale of mortgage loans held for sale

  521   3,602   4,713 

Balance, end of period

 $2,606  $8,614  $22,547 
Interest and Other Income [Table Text Block]

Years ended December 31, (in thousands)

 

2022

  

2021

  

2020

 
             

Net gain realized on sale of mortgage loans held for sale

 $521  $3,602  $4,713 

Net change in fair value recognized on loans held for sale

  -   -   - 

Net change in fair value recognized on rate lock loan commitments

  1,821   -   - 

Net change in fair value recognized on forward contracts

  (1,102)  -   - 

Net gain recognized

  1,240   3,602   4,713 
             

Net loan servicing income

  4,200   1,448   922 

Amortization of mortgage servicing rights

  (3,072)  (1,092)  (446)

Change in mortgage servicing rights valuation allowance

  -   -   - 

Net servicing income recognized

  1,128   356   476 
             

Other mortgage banking income

  842   766   966 

Total mortgage banking income

 $3,210  $4,724  $6,155 
Changes in Carrying Amount of MSRs [Table Text Block]

Years ended December 31, (in thousands)

 

2022

  

2021

  

2020

 

Balance, beginning of period

 $4,528  $2,710  $1,372 

MSRs acquired

  12,676   1,662    

Additions for mortgage loans sold

  1,087   1,248   1,784 

Amortization

  (3,072)  (1,092)  (446)

Impairment

         
             

Balance, end of period

 $15,219  $4,528  $2,710 
Mortgage Loans Held for Sale and Mortgage Banking Derivatives [Table Text Block]
  

December 31, 2022

 

(in thousands)

 

Notional

Amount

  

Fair Value

 

Included in Mortgage loans held for sale:

        

Mortgage loans held for sale, at fair value

 $2,548  $2,606 
         

Included in other assets:

        

Rate lock loan commitments

 $5,599  $137 

Mandatory forward contracts

  6,581   47