XML 49 R39.htm IDEA: XBRL DOCUMENT v3.20.2

Note 15 - Fair Value (Tables)

9 Months Ended

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				-				-

X

- 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

Name:	us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=121572278&loc=d3e13467-108611

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 (a)
-URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration