XML 45 R36.htm IDEA: XBRL DOCUMENT
v3.22.2

Note 13 - Fair Value (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2022
Notes Tables |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
|  | June 30, 2022 |
|  | 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 |  | $ | 423 |  |  | $ | - |  |  | $ | 423 |  |  | $ | - |
U.S. Treasury Notes |  |  | 134,243 |  |  |  | - |  |  |  | 134,243 |  |  |  | - |
Municipal securities |  |  | 24,454 |  |  |  | - |  |  |  | 24,454 |  |  |  | - |
Corporate Notes |  |  | 39,105 |  |  |  |  |  |  |  | 39,105 |  |  |  |  |
Agency mortgage-backed securities |  |  | 89,542 |  |  |  | - |  |  |  | 89,542 |  |  |  | - |
Total available-for-sale debt securities |  |  | 287,767 |  |  |  | - |  |  |  | 287,767 |  |  |  | - |
Equity securities |  |  | 55 |  |  |  | - |  |  |  | 55 |  |  |  | - |
Fair value loans |  |  | 12,480 |  |  |  | - |  |  |  | - |  |  |  | 12,480 |
Deferred compensation assets |  |  | 4,803 |  |  |  | 4,803 |  |  |  | - |  |  |  | - |
Deferred compensation liabilities |  |  | 4,803 |  |  |  | 4,803 |  |  |  | - |  |  |  | - |
|  | December 31, 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 |  | $ | 466 |  |  | $ | - |  |  | $ | 466 |  |  | $ | - |
Municipal securities |  |  | 28,794 |  |  |  | - |  |  |  | 28,794 |  |  |  | - |
Corporate notes |  |  | 9,919 |  |  |  | - |  |  |  | 9,919 |  |  |  | - |
Agency mortgage-backed securities |  |  | 37,113 |  |  |  | - |  |  |  | 37,113 |  |  |  | - |
Total available-for-sale debt securities |  |  | 76,292 |  |  |  | - |  |  |  | 76,292 |  |  |  | - |
Equity securities |  |  | 55 |  |  |  | - |  |  |  | 55 |  |  |  | - |
Fair value loans |  |  | 13,106 |  |  |  | - |  |  |  | - |  |  |  | 13,106 |
Deferred compensation assets |  |  | 5,245 |  |  |  | 5,245 |  |  |  | - |  |  |  | - |
Deferred compensation liabilities |  |  | 5,245 |  |  |  | 5,245 |  |  |  | - |  |  |  | - |
Derivative liabilities |  |  | 837 |  |  |  | - |  |  |  | 837 |  |  |  | - |
Fair Value Measurements, Nonrecurring [Table Text Block] |
|  | June 30, 2022 |
|  | Total |  |  | Fair Value Measurements Using |
|  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
(Amounts in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent assets with specific reserves |  | $ | 766 |  |  | $ | - |  |  | $ | - |  |  | $ | 766 |
OREO |  | $ | 579 |  |  | $ | - |  |  | $ | - |  |  | $ | 579 |
|  | December 31, 2021 |
|  | Total |  |  | Fair Value Measurements Using |
|  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
(Amounts in thousands) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent assets with specific reserves |  | $ | 2,312 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,312 |
OREO |  |  | 1,015 |  |  |  | - |  |  |  | - |  |  |  | 1,015 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
|  |  |  | Discount Range |
| Valuation | Unobservable |  | (Weighted Average) |
| Technique | Input |  | June 30, 2022 |
Collateral dependent assets with specific reserves | Discounted appraisals(1) | Appraisal adjustments(2) |  |  | 0% to 0% (0%) |
OREO | Discounted appraisals(1) | Appraisal adjustments(2) |  |  | 10% to 95% (71%) |
|  |  |  | Discount Range |
| Valuation | Unobservable |  | (Weighted Average) |
| Technique | Input |  | December 31, 2021 |
Collateral dependent assets with specific reserves | Discounted appraisals(1) | Appraisal adjustments(2) |  |  | 0% to 11% (6%) |
OREO | Discounted appraisals(1) | Appraisal adjustments(2) |  |  | 0% to 87% (32%) |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  | June 30, 2022 |
|  | Carrying |  |  |  |  |  |  | Fair Value Measurements Using |
(Amounts in thousands) |  | Amount |  |  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 398,242 |  |  | $ | 398,242 |  |  | $ | 398,242 |  |  | $ | - |  |  | $ | - |
Debt securities available for sale |  |  | 287,767 |  |  |  | 287,767 |  |  |  | - |  |  |  | 287,767 |  |  |  | - |
Equity securities |  |  | 55 |  |  |  | 55 |  |  |  | - |  |  |  | 55 |  |  |  | - |
Loans held for investment, net of allowance |  |  | 2,299,798 |  |  |  | 2,163,191 |  |  |  | - |  |  |  | - |  |  |  | 2,163,191 |
Derivative financial assets |  |  | 126 |  |  |  | 126 |  |  |  | - |  |  |  | 126 |  |  |  | - |
Interest receivable |  |  | 8,433 |  |  |  | 8,433 |  |  |  | - |  |  |  | 8,433 |  |  |  | - |
Deferred compensation assets |  |  | 4,803 |  |  |  | 4,803 |  |  |  | 4,803 |  |  |  | - |  |  |  | - |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  |  | 325,273 |  |  |  | 325,872 |  |  |  | - |  |  |  | 325,872 |  |  |  | - |
Securities sold under agreements to repurchase |  |  | 2,635 |  |  |  | 2,635 |  |  |  | - |  |  |  | 2,635 |  |  |  | - |
Interest payable |  |  | 197 |  |  |  | 197 |  |  |  | - |  |  |  | 197 |  |  |  | - |
Deferred compensation liabilities |  |  | 4,803 |  |  |  | 4,803 |  |  |  | 4,803 |  |  |  | - |  |  |  | - |
|  | December 31, 2021 |
|  | Carrying |  |  |  |  |  |  | Fair Value Measurements Using |
(Amounts in thousands) |  | Amount |  |  | Fair Value |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 677,439 |  |  | $ | 677,439 |  |  | $ | 677,439 |  |  | $ | - |  |  | $ | - |
Debt securities available for sale |  |  | 76,292 |  |  |  | 76,292 |  |  |  | - |  |  |  | 76,292 |  |  |  | - |
Equity securities |  |  | 55 |  |  |  | 55 |  |  |  | - |  |  |  | 55 |  |  |  | - |
Loans held for investment, net of allowance |  |  | 2,137,711 |  |  |  | 2,108,513 |  |  |  | - |  |  |  | - |  |  |  | 2,108,513 |
Interest receivable |  |  | 7,900 |  |  |  | 7,900 |  |  |  | - |  |  |  | 7,900 |  |  |  | - |
Deferred compensation assets |  |  | 5,245 |  |  |  | 5,245 |  |  |  | 5,245 |  |  |  | - |  |  |  | - |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Time deposits |  |  | 354,863 |  |  |  | 352,000 |  |  |  | - |  |  |  | 352,000 |  |  |  | - |
Securities sold under agreements to repurchase |  |  | 1,536 |  |  |  | 1,536 |  |  |  | - |  |  |  | 1,536 |  |  |  | - |
Interest payable |  |  | 314 |  |  |  | 314 |  |  |  | - |  |  |  | 314 |  |  |  | - |
Deferred compensation liabilities |  |  | 5,245 |  |  |  | 5,245 |  |  |  | 5,245 |  |  |  | - |  |  |  | - |
Derivative liabilities |  |  | 837 |  |  |  | 837 |  |  |  | - |  |  |  | 837 |  |  |  | - |

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. + 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 (bbb) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssetsMeasuredOnNonrecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 https://asc.fasb.org/extlink&oid=123594938&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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 https://asc.fasb.org/extlink&oid=126976982&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 https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
Name: | us-gaap_ScheduleOfFairValueAssetsAndLiabilitiesMeasuredOnRecurringBasisTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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