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Note 15 - Fair Value (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		March 31, 2020
		Total				Fair Value Measurements Using
(Amounts in thousands)		Fair Value				Level 1				Level 2				Level 3
Available-for-sale debt securities
U.S. Agency securities		$	615			$	-			$	615			$	-
Municipal securities			69,281				-				69,281				-
Mortgage-backed Agency securities			37,857				-				37,857				-
Total available-for-sale debt securities			107,753				-				107,753				-
Equity securities			55				55				-				-
Fair value loans			9,509				-				-				9,509
Deferred compensation assets			3,550				3,550				-				-
Deferred compensation liabilities			3,550				3,550				-				-
Derivative liabilities			1,268				-				1,268				-

		December 31, 2019
		Total				Fair Value Measurements Using
(Amounts in thousands)		Fair Value				Level 1				Level 2				Level 3
Available-for-sale debt securities
U.S. Agency securities		$	5,034			$	-			$	5,034			$	-
Municipal securities			86,878				-				86,878				-
Mortgage-backed Agency securities			77,662				-				77,662				-
Total available-for-sale debt securities			169,574				-				169,574				-
Equity securities			55				55				-				-
Fair value loans			10,358				-				-				10,358
Deferred compensation assets			3,990				3,990				-				-
Deferred compensation liabilities			3,990				3,990				-				-
Derivative liabilities			510								510

Fair Value Measurements, Nonrecurring [Table Text Block]

		March 31, 2020
		Total				Fair Value Measurements Using
		Fair Value				Level 1				Level 2				Level 3
(Amounts in thousands)
Impaired loans, non-covered		$	2,236			$	-			$	-			$	2,236
OREO			2,502				-				-				2,502

		December 31, 2019
		Total				Fair Value Measurements Using
		Fair Value				Level 1				Level 2				Level 3
(Amounts in thousands)
Impaired loans, non-covered		$	1,828			$	-			$	-			$	1,828
OREO

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

			Valuation		Unobservable		Discount Range (Weighted Average)
			Technique		Input		March 31, 2020					December 31, 2019
Impaired loans, non-covered			Discounted appraisals (1)		Appraisal adjustments (2)		21%	to	69%	(44%)		22%	to	36%	(26%)
OREO			Discounted appraisals (1)		Appraisal adjustments (2)		0%	to	77%	(23%)		15%	to	100%	(8%)

Fair Value, by Balance Sheet Grouping [Table Text Block]

		March 31, 2020
		Carrying								Fair Value Measurements Using
(Amounts in thousands)		Amount				Fair Value				Level 1				Level 2				Level 3
Assets
Cash and cash equivalents		$	241,613			$	241,613			$	241,613			$	-			$	-
Debt securities available for sale			107,753				107,753				-				107,753				-
Equity securities			55				55				55				-				-
Loans held for investment, net of allowance			2,075,588				2,032,738				-				-				2,032,738
FDIC indemnification asset			2,433				1,014				-				-				1,014
Interest receivable			6,117				6,117				-				6,117				-
Deferred compensation assets			3,550				3,550				3,550				-				-
Liabilities
Time deposits			473,242				476,655				-				476,655				-
Securities sold under agreements to repurchase			1,348				1,348				-				1,348				-
Interest payable			932				932				-				932				-
FHLB and other borrowings			1,000				1,000				-				1,000				-
Derivative financial liabilities			1,268				1,268				-				1,268				-
Deferred compensation liabilities			3,550				3,550				3,550				-				-

		December 31, 2019
		Carrying								Fair Value Measurements Using
(Amounts in thousands)		Amount				Fair Value				Level 1				Level 2				Level 3
Assets
Cash and cash equivalents		$	217,009			$	217,009			$	217,009			$	-			$	-
Debt securities available for sale			169,574				169,574				-				169,574				-
Equity securities			55				55				55				-				-
Loans held for sale			263				263				-				-				263
Loans held for investment, net of allowance			2,096,035				2,068,257				-				-				2,068,257
FDIC indemnification asset			2,883				1,201				-				-				1,201
Interest receivable			6,677				6,677				-				6,677				-
Deferred compensation assets			3,990				3,990				3,990				-				-
Liabilities
Time deposits			515,622				512,134				-				512,134				-
Securities sold under agreements to repurchase			1,601				1,601				-				1,601				-
Interest payable			472				472				-				472				-
Derivative liabilities			510				510				-				510				-
Deferred compensation liabilities			3,990				3,990				3,990				-				-

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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