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Note 8 - Deposits and Borrowed Funds | 6 Months Ended
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Jun. 30, 2025
Notes to Financial Statements |
Deposits and Borrowed Funds [Text Block] | Note 8: Deposits and Borrowed Funds The following table provides additional detail regarding deposits.
|  | Deposits |
|  | At June 30, |  |  | At December 31, |
|  | 2025 |  |  | 2024 |
|  | (In thousands) |
Noninterest-bearing |  | $ | 2,175,841 |  |  | $ | 2,333,389 |
Interest-bearing: |  |  |  |  |  |  |  |
Transaction |  |  | 894,774 |  |  |  | 953,863 |
Savings |  |  | 1,603,974 |  |  |  | 1,642,360 |
Time deposits less than $100 thousand |  |  | 43,659 |  |  |  | 47,585 |
Time deposits $100 thousand through $250 thousand |  |  | 20,877 |  |  |  | 25,368 |
Time deposits more than $250 thousand |  |  | 8,410 |  |  |  | 9,285 |
Total deposits |  | $ | 4,747,535 |  |  | $ | 5,011,850 |
Demand deposit overdrafts of $612 thousand and $591 thousand were included as loan balances at June 30, 2025 and December 31, 2024, respectively. Interest expense for aggregate time deposits with individual account balances in excess of $100 thousand was $14 thousand and $31 thousand for the three and six months ended June 30, 2025, respectively, and $20 thousand and $41 thousand for the three and six months ended June 30, 2024, respectively. The following table provides additional detail regarding short-term borrowed funds.
|  | Repurchase Agreements (Sweep) Accounted for as Secured Borrowings |
|  | Remaining Contractual Maturity of the Agreements |
|  | Overnight and Continuous |
|  | At June 30, |  |  | At December 31, |
|  | 2025 |  |  | 2024 |
Repurchase agreements: |  | (In thousands) |
Collateral securing borrowings: |  |  |  |  |  |  |  |
Agency residential MBS |  | $ | 19,668 |  |  | $ | 21,284 |
Corporate securities |  |  | 372,072 |  |  |  | 412,921 |
Total collateral carrying value |  | $ | 391,740 |  |  | $ | 434,205 |
Total short-term borrowed funds |  | $ | 101,210 |  |  | $ | 120,322 |
At June 30, 2025, the Company had access to borrowing from the Federal Reserve up to $703,398 thousand based on the collateral pledged at June 30, 2025. The Company had a $60,000 thousand line of credit with a correspondent bank at June 30, 2025. There were no borrowings from the Federal Reserve Bank or correspondent banks at June 30, 2025. At June 30, 2025, the Company’s estimated unpledged collateral qualifying debt securities totaled $1,683,788 thousand.

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