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Note 6 - Fair Value Measurements (Tables) | 6 Months Ended
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Jun. 30, 2022
Notes Tables |
Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
|  | Quoted Prices |  |  |  |  |  |  |  |  |  |  |  |  |
|  | In Active |  |  | Significant |  |  |  |  |  |  |  |  |
|  | Markets for |  |  | Other |  |  | Significant |  |  |  |  |
|  | Identical |  |  | Observable |  |  | Unobservable |  |  | Balance |
(Dollars in thousands) |  | Assets |  |  | Inputs |  |  | Inputs |  |  | at Date |
|  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Indicated |
Equity Securities Held at Fair Value - June 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  | $ | 6,462 |  |  | $ | - |  |  | $ | 1,826 |  |  | $ | 8,288 |
Investment Securities, Available for Sale - June 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Treasury notes and bonds |  | $ | - |  |  | $ | 83,643 |  |  | $ | - |  |  | $ | 83,643 |
State and municipal |  |  | - |  |  |  | 256,661 |  |  |  | - |  |  |  | 256,661 |
Mortgage-backed |  |  | - |  |  |  | 211,128 |  |  |  | - |  |  |  | 211,128 |
Corporate |  |  | - |  |  |  | 1,238 |  |  |  | - |  |  |  | 1,238 |
Asset-backed securities |  |  | - |  |  |  | 13,472 |  |  |  | - |  |  |  | 13,472 |
Total |  | $ | - |  |  | $ | 566,142 |  |  | $ | - |  |  | $ | 566,142 |
Derivative Instruments - June 30, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivative contracts - assets |  | $ | - |  |  | $ | 14,209 |  |  | $ | - |  |  | $ | 14,209 |
Interest rate derivative contracts - liabilities |  | $ | - |  |  | $ | 2,393 |  |  | $ | - |  |  | $ | 2,393 |
Equity Securities Held at Fair Value - December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  | $ | 6,724 |  |  | $ | - |  |  | $ | 1,768 |  |  | $ | 8,492 |
Investment Securities, Available for Sale - December 31, 2021 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government and federal agency |  | $ | - |  |  | $ | 2,008 |  |  | $ | - |  |  | $ | 2,008 |
U. S. Treasury notes and bonds |  |  | - |  |  |  | 91,979 |  |  |  | - |  |  |  | 91,979 |
State and municipal |  |  | - |  |  |  | 514,797 |  |  |  | 20,050 |  |  |  | 534,847 |
Mortgage-backed |  |  | - |  |  |  | 433,115 |  |  |  | - |  |  |  | 433,115 |
Corporate |  |  | - |  |  |  | 19,642 |  |  |  | 1,000 |  |  |  | 20,642 |
Asset-backed securities |  |  | - |  |  |  | 16,294 |  |  |  | - |  |  |  | 16,294 |
Total |  | $ | - |  |  | $ | 1,077,835 |  |  | $ | 21,050 |  |  | $ | 1,098,885 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
|  | Six Months Ended |
(Dollars in thousands) |  | June 30, |
|  | 2022 |  |  | 2021 |
Equity Securities Held at Fair Value |  |  |  |  |  |  |  |
Balance, January 1 |  | $ | 1,768 |  |  | $ | 1,485 |
Total realized and unrealized gains included in noninterest income |  |  | (5 | ) |  |  | (39 | )
Net purchases, sales, calls, and maturities |  |  | 63 |  |  |  | 220 |
Net transfers into Level 3 |  |  | - |  |  |  | - |
Balance, June 30 |  | $ | 1,826 |  |  | $ | 1,666 |
Amount of total losses for the period included in earning attributable to the change in unrealized gains (losses) relating to assets and liabilities still held at June 30 |  | $ | (5 | ) |  | $ | (39 | )
Investment Securities, Available for Sale |  |  |  |  |  |  |  |
Balance, January 1 |  | $ | 21,050 |  |  | $ | 11,423 |
Total unrealized gains included in other comprehensive income |  |  | - |  |  |  | (264 | )
Net purchases, sales, calls, and maturities |  |  | - |  |  |  | 1,966 |
Net transfers into Level 3 |  |  | - |  |  |  | - |
Transfer to held to maturity |  |  | (21,050 | ) |  |  | - |
Balance, June 30 |  | $ | - |  |  | $ | 13,125 |
Amount of total losses for the period included in earning attributable to the change in unrealized gains (losses) relating to assets and liabilities still held at June 30 |  | $ | - |  |  | $ | (250 | )
Fair Value Measurements, Nonrecurring [Table Text Block] |
|  |  |  |  |  | Quoted Prices |  |  |  |  |  |  |  |  |
|  |  |  |  |  | In Active |  |  | Significant |  |  |  |  |
|  |  |  |  |  | Markets for |  |  | Other |  |  | Significant |
|  | Balances at |  |  | Identical |  |  | Observable |  |  | Unobservable |
(Dollars in thousands) |  | Dates |  |  | Assets |  |  | Inputs |  |  | Inputs |
|  | Indicated |  |  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |
Impaired Loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2022 |  | $ | 2,687 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,687 |
December 31, 2021 |  | $ | 5,433 |  |  | $ | - |  |  | $ | - |  |  | $ | 5,433 |
Other Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2022 |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
December 31, 2021 |  | $ | 194 |  |  | $ | - |  |  | $ | - |  |  | $ | 194 |
Mortgage Loan Servicing Rights |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2022 |  | $ | 4,679 |  |  | $ | - |  |  | $ | 4,679 |  |  | $ | - |
December 31, 2021 |  | $ | 4,666 |  |  | $ | - |  |  | $ | 4,666 |  |  | $ | - |

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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 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
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- Definition Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class 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://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 (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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- Definition Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19279-110258 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 (c) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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