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Note 15 - Fair Value (Tables) | 9 Months Ended
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Sep. 30, 2020
Notes Tables |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
|  | September 30, 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 |  | $ | 572 |  |  | $ | - |  |  | $ | 572 |  |  | $ | - |
Municipal securities |  |  | 55,667 |  |  |  | - |  |  |  | 55,667 |  |  |  | - |
Mortgage-backed Agency securities |  |  | 34,733 |  |  |  | - |  |  |  | 34,733 |  |  |  | - |
Total available-for-sale debt securities |  |  | 90,972 |  |  |  | - |  |  |  | 90,972 |  |  |  | - |
Equity securities |  |  | 55 |  |  |  | 55 |  |  |  | - |  |  |  | - |
Fair value loans |  |  | 15,628 |  |  |  | - |  |  |  | - |  |  |  | 15,628 |
Deferred compensation assets |  |  | 3,752 |  |  |  | 3,752 |  |  |  | - |  |  |  | - |
Deferred compensation liabilities |  |  | 3,752 |  |  |  | 3,752 |  |  |  | - |  |  |  | - |
Derivative liabilities |  |  | 1,261 |  |  |  | - |  |  |  | 1,261 |  |  |  | - |
|  | 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 |  |  | 16,922 |  |  |  | - |  |  |  | - |  |  |  | 16,922 |
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] |
|  | September 30, 2020 |
|  | Total |  |  | Fair Value Measurements Using |
|  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
(Amounts in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Impaired loans, non-covered |  | $ | 3,114 |  |  | $ | - |  |  | $ | - |  |  | $ | 3,114 |
OREO |  |  | 2,103 |  |  |  | - |  |  |  | - |  |  |  | 2,103 |
|  | 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 |  |  | 3,969 |  |  |  | - |  |  |  | - |  |  |  | 3,969 |
| Valuation |  | Unobservable |  | Discount Range (Weighted Average) |
| Technique |  | Input |  | September 30, 2020 |  |  | December 31, 2019 |
Impaired loans, non-covered | Discounted appraisals(1) |  | Appraisal adjustments(2) |  |  | 3% to 42% (25%) |  |  |  | 22% to 36% (26%) |
OREO | Discounted appraisals(1) |  | Appraisal adjustments(2) |  |  | 0% to 77% (24%) |  |  |  | 15% to 100% (8%) |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  | September 30, 2020 |
|  | Carrying |  |  |  |  |  |  | Fair Value Measurements Using |
(Amounts in thousands) |  | Amount |  |  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 375,664 |  |  | $ | 375,664 |  |  | $ | 375,664 |  |  | $ | - |  |  | $ | - |
Debt securities available for sale |  |  | 90,972 |  |  |  | 90,972 |  |  |  | - |  |  |  | 90,972 |  |  |  | - |
Equity securities |  |  | 55 |  |  |  | 55 |  |  |  | 55 |  |  |  | - |  |  |  | - |
Loans held for investment, net of allowance |  |  | 2,167,718 |  |  |  | 2,123,823 |  |  |  | - |  |  |  | - |  |  |  | 2,123,823 |
FDIC indemnification asset |  |  | 1,598 |  |  |  | 666 |  |  |  | - |  |  |  | - |  |  |  | 666 |
Interest receivable |  |  | 9,151 |  |  |  | 9,151 |  |  |  | - |  |  |  | 9,151 |  |  |  | - |
Deferred compensation assets |  |  | 3,752 |  |  |  | 3,752 |  |  |  | 3,752 |  |  |  | - |  |  |  | - |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  |  | 436,882 |  |  |  | 440,283 |  |  |  | - |  |  |  | 440,283 |  |  |  | - |
Securities sold under agreements to repurchase |  |  | 956 |  |  |  | 956 |  |  |  | - |  |  |  | 956 |  |  |  | - |
Interest payable |  |  | 719 |  |  |  | 719 |  |  |  | - |  |  |  | 719 |  |  |  | - |
Derivative financial liabilities |  |  | 1,261 |  |  |  | 1,261 |  |  |  | - |  |  |  | 1,261 |  |  |  | - |
Deferred compensation liabilities |  |  | 3,752 |  |  |  | 3,752 |  |  |  | 3,752 |  |  |  | - |  |  |  | - |
|  | 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 |  |  |  | - |  |  |  | - |

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- Definition Tabular disclosure of assets and liabilities by class, including financial instruments measured at fair value that are classified in shareholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). Disclosures may include, but are not limited to: (a) the fair value measurements recorded and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements are categorized in their entirety (levels 1, 2, 3). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (bbb) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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