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Note 13 - Fair Value (Tables)

6 Months Ended

Jun. 30, 2021

Notes Tables

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

		June 30, 2021
		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		$	509			$	-			$	509			$	-
Municipal securities			36,829				-				36,829				-
Mortgage-backed Agency securities			42,504				-				42,504				-
Total available-for-sale debt securities			79,842				-				79,842				-
Equity securities			55				-				55				-
Fair value loans			13,520				-				-				13,520
Deferred compensation assets			4,800				4,800				-				-
Deferred compensation liabilities			4,800				4,800				-				-
Derivative liabilities			1,113				-				1,113				-

		December 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		$	551			$	-			$	551			$	-
Municipal securities			44,459				-				44,459				-
Mortgage-backed Agency securities			38,348				-				38,348				-
Total available-for-sale debt securities			83,358				-				83,358				-
Equity securities			55				-				55				-
Fair value loans			17,831				-				-				17,831
Deferred compensation assets			4,181				4,181				-				-
Deferred compensation liabilities			4,181				4,181				-				-
Derivative liabilities			1,131				-				1,131				-

Fair Value Measurements, Nonrecurring [Table Text Block]

		June 30, 2021
		Total				Fair Value Measurements Using
		Fair Value				Level 1				Level 2				Level 3
(Amounts in thousands)
Collateral dependent assets with specific reserves		$	3,084			$	-			$	-			$	3,084
OREO		$	1,324			$	-			$	-			$	1,324

		December 31, 2020
		Total				Fair Value Measurements Using
		Fair Value				Level 1				Level 2				Level 3
(Amounts in thousands)
Impaired loans, Pre-ASU 2016-13		$	979			$	-			$	-			$	979
OREO			2,083				-				-				2,083

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

	Valuation		Unobservable		(Weighted Average)
	Technique		Input		June 30, 2021
Collateral dependent assets with specific reserves	Discounted appraisals(1)		Appraisal adjustments(2)			0% to 37% (11%)
OREO	Discounted appraisals(1)		Appraisal adjustments(2)			0% to 77% (31%)

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

		June 30, 2021
		Carrying								Fair Value Measurements Using
(Amounts in thousands)		Amount				Fair Value				Level 1				Level 2				Level 3
Assets
Cash and cash equivalents		$	618,738			$	618,738			$	618,738			$	-			$	-
Debt securities available for sale			79,842				79,842				-				79,842				-
Equity securities			55				55				-				55				-
Loans held for investment, net of allowance			2,153,731				2,102,913				-				-				2,102,913
FDIC indemnification asset			-				-				-				-				-
Interest receivable			8,480				8,480				-				8,480				-
Deferred compensation assets			4,800				4,800				4,800				-				-
Liabilities
Time deposits			385,337				385,243				-				385,243				-
Securities sold under agreements to repurchase			994				994				-				994				-
Interest payable			366				366				-				366				-
Derivative financial liabilities			1,113				1,113				-				1,113				-
Deferred compensation liabilities			4,800				4,800				4,800				-				-

		December 31, 2020
		Carrying								Fair Value Measurements Using
(Amounts in thousands)		Amount				Fair Value				Level 1				Level 2				Level 3
Assets
Cash and cash equivalents		$	456,561			$	456,561			$	456,561			$	-			$	-
Debt securities available for sale			83,358				83,358				-				83,358				-
Equity securities			55				55				-				55				-
Loans held for sale			-				-				-				-				-
Loans held for investment, net of allowance			2,160,450				2,126,221				-				-				2,126,221
FDIC indemnification asset			1,223				509				-				-				509
Interest receivable			9,052				9,052				-				9,052				-
Deferred compensation assets			4,181				4,181				4,181				-				-
Liabilities
Time deposits			420,619				423,120				-				423,120				-
Securities sold under agreements to repurchase			964				964				-				964				-
Interest payable			582				582				-				582				-
Derivative liabilities			4,181				4,181				4,181				-				-
Deferred compensation liabilities			1,131				1,131				-				1,131				-

X

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