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Note 12 - Fair Value (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

March 31, 2025

 
  

Total

  

Fair Value Measurements Using

 

(Amounts in thousands)

 

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Available-for-sale debt securities

                

U.S. Treasury securities

 $10,921  $-  $10,921  $- 

Municipal securities

  12,467   -   12,467   - 

Corporate Notes

  27,827      27,827    

Agency mortgage-backed securities

  78,444   -   78,444   - 

Total available-for-sale debt securities

  129,659   -   129,659   - 

Equity securities

  55   -   55   - 

Fair value loans

  2,808   -   -   2,808 

Derivative assets

  84   -   84   - 

Deferred compensation assets

  9,255   9,255   -   - 

Deferred compensation liabilities

  10,761   10,761   -   - 
  

December 31, 2024

 
  

Total

  

Fair Value Measurements Using

 

(Amounts in thousands)

 

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Available-for-sale debt securities

                

U.S. Treasury securities

 $55,769  $-  $55,769  $- 

Municipal securities

  13,837   -   13,837   - 

Corporate notes

  27,542   -   27,542   - 

Agency mortgage-backed securities

  72,701   -   72,701   - 

Total available-for-sale debt securities

  169,849   -   169,849   - 

Equity securities

  55      55    

Fair value loans

  2,993         2,993 

Derivative assets

  116      116    

Deferred compensation assets

  8,571   8,571       

Deferred compensation liabilities

  10,189   10,189       
Fair Value Measurements, Nonrecurring [Table Text Block]
   

March 31, 2025

 
   

Total

   

Fair Value Measurements Using

 
   

Fair Value

   

Level 1

   

Level 2

   

Level 3

 

(Amounts in thousands)

                               

Collateral dependent assets with specific reserves

  $ 1,156     $ -     $ -     $ 1,156  

OREO

    298       -       -       298  
   

December 31, 2024

 
   

Total

   

Fair Value Measurements Using

 
   

Fair Value

   

Level 1

   

Level 2

   

Level 3

 

(Amounts in thousands)

                               

Collateral dependent assets with specific reserves

  $ 531     $ -     $ -     $ 531  

OREO

    521       -       -       521  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
        Discount Range  
 

Valuation

Unobservable

 

(Weighted Average)

 
 

Technique

Input

 

March 31, 2025

 
             

Collateral dependent assets with specific reserves

Discounted appraisals(1)

Appraisal adjustments(2)

   

0% (0%)

 

OREO

Discounted appraisals(1)

Appraisal adjustments(2)

   

20% to 67% (62%)

 
       

Discount Range

 
 

Valuation

Unobservable

 

(Weighted Average)

 
 

Technique

Input

 

December 31, 2024

 
             

Collateral dependent assets with specific reserves

Discounted appraisals(1)

Appraisal adjustments(2)

    0% (0%)  

OREO

Discounted appraisals(1)

Appraisal adjustments(2)

   

20% to 74% (61%)

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

March 31, 2025

 
   

Carrying

           

Fair Value Measurements Using

 

(Amounts in thousands)

 

Amount

   

Fair Value

   

Level 1

   

Level 2

   

Level 3

 

Assets

                                       

Cash and cash equivalents

  $ 414,682     $ 414,682     $ 414,682     $ -     $ -  

Debt securities available-for-sale

    129,659       129,659       -       129,659       -  

Equity securities

    55       55       -       55       -  

Loans held for investment, net of allowance

    2,348,915       2,151,524       -       -       2,151,524  

Derivative financial assets

    84       84       -       84       -  

Interest receivable

    9,306       9,306       -       856       9,027  

Deferred compensation assets

    9,255       9,255       9,255       -       -  
                                         

Liabilities

                                       

Time deposits

    234,957       232,741       -       232,741       -  

Securities sold under agreements to repurchase

    908       908       -       908       -  

Interest payable

    838       838       -       838       -  

Deferred compensation liabilities

    10,761       10,761       10,761       -       -  
   

December 31, 2024

 
   

Carrying

           

Fair Value Measurements Using

 

(Amounts in thousands)

 

Amount

   

Fair Value

   

Level 1

   

Level 2

   

Level 3

 

Assets

                                       

Cash and cash equivalents

  $ 377,454     $ 377,454     $ 377,454     $ -     $ -  

Debt securities available-for-sale

    169,849       169,849       -       169,849       -  

Equity securities

    55       55       -       55       -  

Loans held for investment, net of allowance

    2,381,264       2,177,891       -       -       2,177,891  

Interest receivable

    9,207       9,207       -       1,246       9,635  

Deferred compensation assets

    8,571       8,571       8,571       -       -  

Derivative assets

    116       116       -       116       -  
                                         

Liabilities

                                       

Time deposits

    240,541       238,262       -       238,262       -  

Securities sold under agreements to repurchase

    906       906       -       906       -  

Interest payable

    880       880             880        

Deferred compensation liabilities

    10,189       10,189       10,189