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Note 18 - Fair Value Measurements and Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] |
|  | Fair Value Measurements Using: |  |  |  |  |
December 31, 2024 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets measured at fair value: |  | (dollars in thousands) |  |  |  |  |
On a recurring basis: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Government agency securities |  | $ | — |  |  | $ | 21,042 |  |  | $ | — |  |  | $ | 21,042 |
SBA agency securities |  |  | — |  |  |  | 26,764 |  |  |  | — |  |  |  | 26,764 |
Mortgage-backed securities |  |  | — |  |  |  | 55,677 |  |  |  | — |  |  |  | 55,677 |
Collateralized mortgage obligations |  |  | — |  |  |  | 197,132 |  |  |  | — |  |  |  | 197,132 |
Commercial paper |  |  | — |  |  |  | 78,685 |  |  |  | — |  |  |  | 78,685 |
Corporate debt securities |  |  | — |  |  |  | 31,815 |  |  |  | — |  |  |  | 31,815 |
Municipal securities |  |  | — |  |  |  | 9,075 |  |  |  | — |  |  |  | 9,075 |
|  | $ | — |  |  | $ | 420,190 |  |  | $ | — |  |  | $ | 420,190 |
On a non-recurring basis: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent individually evaluated loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Construction and land development loans |  | $ | — |  |  | $ | — |  |  | $ | 35,176 |  |  | $ | 35,176 |
Commercial real estate loans (1) |  |  | — |  |  |  | — |  |  |  | 7,007 |  |  |  | 7,007 |
SBA loans |  |  | — |  |  |  | — |  |  |  | 66 |  |  |  | 66 |
|  | $ | — |  |  | $ | — |  |  | $ | 42,249 |  |  | $ | 42,249 |
December 31, 2023 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets measured at fair value: |  | (dollars in thousands)
On a recurring basis: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available for sale |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Government agency securities |  | $ | — |  |  | $ | 8,161 |  |  | $ | — |  |  | $ | 8,161 |
SBA agency securities |  |  | — |  |  |  | 13,217 |  |  |  | — |  |  |  | 13,217 |
Mortgage-backed securities |  |  | — |  |  |  | 34,652 |  |  |  | — |  |  |  | 34,652 |
Collateralized mortgage obligations |  |  | — |  |  |  | 149,626 |  |  |  | — |  |  |  | 149,626 |
Commercial paper |  |  | — |  |  |  | 73,105 |  |  |  | — |  |  |  | 73,105 |
Corporate debt securities |  |  | — |  |  |  | 30,691 |  |  |  | — |  |  |  | 30,691 |
Municipal securities |  |  | — |  |  |  | 9,509 |  |  |  | — |  |  |  | 9,509 |
Interest Rate Lock Contracts |  |  | — |  |  |  | — |  |  |  | 32 |  |  |  | 32 |
Forward Mortgage Loan Sale Contracts |  |  | — |  |  |  | — |  |  |  | 14 |  |  |  | 14 |
|  | $ | — |  |  | $ | 318,961 |  |  | $ | 46 |  |  | $ | 319,007 |
On a non-recurring basis: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Collateral dependent individually evaluated loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate loans |  | $ | — |  |  | $ | — |  |  | $ | 10,209 |  |  | $ | 10,209 |
SBA loans |  |  | — |  |  |  | — |  |  |  | 1,148 |  |  |  | 1,148 |
|  | $ | — |  |  | $ | — |  |  | $ | 11,357 |  |  | $ | 11,357 |
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block] |
December 31, 2024 |  | Fair Value |  | Valuation Techniques |  | Unobservable Input(s) |  | Range |
|  | (dollars in thousands) |
Collateral dependent loans: |  |  |  |  |  |  |  |  |  |  |
Construction and land development loans |  | $ | 35,176 |  | Market approach |  | Adjustments (2) |  |  | (19%) to 5% |
Commercial real estate loans (1) |  |  | 7,007 |  | Market approach |  | Adjustments (2) |  |  | (41%) to 4% |
SBA loans |  |  | 66 |  | Market approach |  | Adjustments (2) |  |  | (4%) to 11% |
Total |  | $ | 42,249 |  |  |  |  |  |  |  |
December 31, 2023 |  | Fair Value |  | Valuation Techniques |  | Unobservable Input(s) |  | Range |
|  | (dollars in thousands) |
Collateral dependent loans: |  |  |  |  |  |  |  |  |  |  |
Commercial real estate loans |  | $ | 10,209 |  | Market approach |  | Adjustments (1) |  |  | (36%) to 28% |
SBA loans |  |  | 1,148 |  | Market approach |  | Adjustments (1) |  |  | 26% to 33% |
Total |  | $ | 11,357 |  |  |  |  |  |  |  |
Fair Value, by Balance Sheet Grouping [Table Text Block] |
|  |  | December 31, 2024 |  |  | December 31, 2023 |
| Fair Value |  | Carrying |  |  | Fair |  |  | Carrying |  |  | Fair |
| Hierarchy |  | Value |  |  | Value |  |  | Value |  |  | Value |
Financial Assets: |  |  | (dollars in thousands) |
Cash and due from banks | Level 1 |  | $ | 257,745 |  |  | $ | 257,745 |  |  | $ | 431,373 |  |  | $ | 431,373 |
Interest-earning deposits in other financial institutions | Level 1 |  |  | 600 |  |  |  | 600 |  |  |  | 600 |  |  |  | 600 |
Investment securities - AFS | Level 2 |  |  | 420,190 |  |  |  | 420,190 |  |  |  | 318,961 |  |  |  | 318,961 |
Investment securities - HTM | Level 2 |  |  | 5,191 |  |  |  | 4,948 |  |  |  | 5,209 |  |  |  | 5,097 |
Loans held for sale | Level 2 |  |  | 11,250 |  |  |  | 11,250 |  |  |  | 1,911 |  |  |  | 1,845 |
Loans, net | Level 3 |  |  | 3,005,501 |  |  |  | 2,942,026 |  |  |  | 2,989,958 |  |  |  | 2,918,296 |
Equity securities (1) | Level 3 |  |  | 22,944 |  |  |  | 22,944 |  |  |  | 23,392 |  |  |  | 23,392 |
Investment in FHLB stock | Level 2 |  |  | 15,000 |  |  |  | 15,000 |  |  |  | 15,000 |  |  |  | 15,000 |
Servicing assets | Level 3 |  |  | 6,985 |  |  |  | 13,761 |  |  |  | 8,110 |  |  |  | 14,883 |
Accrued interest receivable (1) | Level 1/2/3 |  |  | 14,582 |  |  |  | 14,582 |  |  |  | 13,743 |  |  |  | 13,743 |
|  |  | Notional |  |  | Fair |  |  | Notional |  |  | Fair |
Derivative assets: |  |  | Value |  |  | Value |  |  | Value |  |  | Value |
Interest Rate Lock Contracts (1) | Level 3 |  | $ | — |  |  | $ | — |  |  | $ | 1,255 |  |  | $ | 32 |
Forward Mortgage Loan Sale Contracts (1) | Level 3 |  |  | — |  |  |  | — |  |  |  | 1,104 |  |  |  | 14 |
|  |  | Carrying |  |  | Fair |  |  | Carrying |  |  | Fair |
Financial Liabilities: |  |  | Value |  |  | Value |  |  | Value |  |  | Value |
Deposits | Level 2 |  | $ | 3,083,789 |  |  | $ | 3,078,409 |  |  | $ | 3,174,760 |  |  | $ | 3,181,495 |
FHLB advances | Level 3 |  |  | 200,000 |  |  |  | 198,783 |  |  |  | 150,000 |  |  |  | 144,891 |
Long-term debt | Level 3 |  |  | 119,529 |  |  |  | 109,463 |  |  |  | 119,147 |  |  |  | 83,864 |
Subordinated debentures | Level 3 |  |  | 15,156 |  |  |  | 14,975 |  |  |  | 14,938 |  |  |  | 14,566 |
Accrued interest payable | Level 2/3 |  |  | 7,950 |  |  |  | 7,950 |  |  |  | 11,671 |  |  |  | 11,671 |

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