XML 63 R49.htm IDEA: XBRL DOCUMENT
v3.23.1

Note 19 - Fair Value Measurements (Tables) | 12 Months Ended
--- | ---
Dec. 31, 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 |  |  |  |  |
(Dollars in thousands) |  | Assets |  |  | Inputs |  |  | Inputs |  |  | Balance at |
|  | (Level 1) |  |  | (Level 2) |  |  | (Level 3) |  |  | Date Indicated |
Equity Securities Held at Fair Value - December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity securities |  | $ | 6,024 |  |  | $ | - |  |  | $ | 2,542 |  |  | $ | 8,566 |
Investment Securities, Available for Sale - December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U. S. Government and federal agency |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
U. S. Treasury notes and bonds |  |  | 78,204 |  |  |  | - |  |  |  | - |  |  |  | 78,204 |
State and municipal |  |  | - |  |  |  | 229,938 |  |  |  | - |  |  |  | 229,938 |
Mortgage-backed |  |  | - |  |  |  | 208,563 |  |  |  | - |  |  |  | 208,563 |
Corporate |  |  | - |  |  |  | 711 |  |  |  | - |  |  |  | 711 |
Asset-backed Securities |  |  | - |  |  |  | 12,333 |  |  |  | - |  |  |  | 12,333 |
Total |  | $ | 78,204 |  |  | $ | 451,545 |  |  | $ | - |  |  | $ | 529,749 |
Derivative Instruments - December 31, 2022 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate derivative contracts - assets |  | $ | - |  |  | $ | 9,204 |  |  | $ | - |  |  | $ | 9,204 |
Interest rate derivative contracts - liabilities |  | $ | - |  |  | $ | 5,823 |  |  | $ | - |  |  | $ | 5,823 |
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 |  | $ | 91,979 |  |  | $ | 985,856 |  |  | $ | 21,050 |  |  | $ | 1,098,885 |
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block] |
(Dollars in thousands) |  |  |  |  |  |  |  |
|  | 2022 |  |  | 2021 |
Equity Securities Held at Fair Value |  |  |  |  |  |  |  |
Balance, January 1 |  | $ | 1,768 |  |  | $ | 1,485 |
Total realized and unrealized gains included in noninterest income |  |  | 161 |  |  |  | 166 |
Net purchases, sales, calls, and maturities |  |  | 613 |  |  |  | 117 |
Balance, December 31 |  | $ | 2,542 |  |  | $ | 1,768 |
Investment Securities, Available for Sale |  |  |  |  |  |  |  |
Balance, January 1 |  | $ | 21,050 |  |  | $ | 11,423 |
Total unrealized gains/(losses) included in other comprehensive income |  |  | - |  |  |  | 1,720 |
Net purchases, sales, calls, and maturities |  |  | - |  |  |  | 7,907 |
Transfer to held to maturity |  |  | (21,050 | ) |  |  | - |
Balance, December 31 |  | $ | - |  |  | $ | 21,050 |
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 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2022 |  | $ | 2,846 |  |  | $ | - |  |  | $ | - |  |  | $ | 2,846 |
December 31, 2021 |  | $ | 5,433 |  |  | $ | - |  |  | $ | - |  |  | $ | 5,433 |
Other Real Estate |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
December 31, 2022 |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
December 31, 2021 |  | $ | 194 |  |  | $ | - |  |  | $ | - |  |  | $ | 194 |

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 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
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_FairValueAssetsMeasuredOnRecurringBasisUnobservableInputReconciliationTextBlock
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