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v3.25.1

Note 5 - Derivatives (Tables) | 3 Months Ended
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Mar. 31, 2025
Notes Tables |
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] |
Line item in the Consolidated Balance Sheets in which the hedged item is included |  | Carrying Amount of the Hedged Assets |  |  | Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets |
March 31, 2025 |  |  |  |  |  |  |  |
Investment securities (1) |  | $ | 56,903 |  |  | $ | 3,907 |
Total |  | $ | 56,903 |  |  | $ | 3,907 |
December 31, 2024 |  |  |  |  |  |  |  |
Investment securities (1) |  | $ | 55,701 |  |  | $ | 4,299 |
Total |  | $ | 55,701 |  |  | $ | 4,299 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] |
|  | March 31, 2025 |
|  |  |  |  |  | Fair Value |
Cash flow and fair value hedges: |  | Notional |  |  | Asset |  |  | Liability |
Interest rate swaps |  | $ | 265,000 |  |  | $ | 4,242 |  |  | $ | 256 |
Non-hedging derivatives: |  |  |  |  |  |  |  |  |  |  |  |
Fallout adjusted interest rate lock commitments with customers |  |  | 35,328 |  |  |  | 439 |  |  |  | — |
Mandatory and best effort forward commitments with investors |  |  | 12,401 |  |  |  | — |  |  |  | 60 |
Forward TBA mortgage-backed securities |  |  | 47,000 |  |  |  | — |  |  |  | 166 |
Interest rate swaps - customer swap positions |  |  | 716 |  |  |  | — |  |  |  | 50 |
Interest rate swaps - dealer offsets to customer swap positions |  |  | 716 |  |  |  | 50 |  |  |  | — |
|  | December 31, 2024 |
|  |  |  |  |  | Fair Value |
Cash flow and fair value hedges: |  | Notional |  |  | Asset |  |  | Liability |
Interest rate swaps |  | $ | 340,000 |  |  | $ | 7,244 |  |  | $ | — |
Non-hedging derivatives: |  |  |  |  |  |  |  |  |  |  |  |
Fallout adjusted interest rate lock commitments with customers |  |  | 16,905 |  |  |  | 103 |  |  |  | — |
Mandatory and best effort forward commitments with investors |  |  | 6,829 |  |  |  | 31 |  |  |  | — |
Forward TBA mortgage-backed securities |  |  | 31,000 |  |  |  | 180 |  |  |  | — |
Interest rate swaps - customer swap positions |  |  | 716 |  |  |  | — |  |  |  | 61 |
Interest rate swaps - dealer offsets to customer swap positions |  |  | 716 |  |  |  | 62 |  |  |  | — |
Derivative Instruments, Gain (Loss) [Table Text Block] |
|  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
|  | Interest Expense Deposits and Borrowings |  |  | Interest Income Securities |  |  | Interest Expense Deposits and Borrowings |  |  | Interest Income Securities |
Total amounts presented on the Consolidated Statements of Income |  | $ | 15,321 |  |  | $ | 3,485 |  |  | $ | 12,882 |  |  | $ | 3,883 |
Net gains (losses) on fair value hedging relationships: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps - securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized on hedged items |  | $ | — |  |  | $ | 392 |  |  | $ | — |  |  | $ | (1,225 | )
Recognized on derivatives designated as hedging instruments |  |  | — |  |  |  | (392 | ) |  |  | — |  |  |  | 1,225 |
Net interest income recognized on cash flows of derivatives designated as hedging instruments |  |  | — |  |  |  | 297 |  |  |  | — |  |  |  | 418 |
Net income recognized on fair value hedges |  | $ | — |  |  | $ | 297 |  |  | $ | — |  |  | $ | 418 |
Net gain on cash flow hedging relationships: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps - brokered deposits and borrowings |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Realized gains (pre-tax) reclassified from accumulated other comprehensive loss into net income |  | $ | 574 |  |  | $ | — |  |  | $ | 1,722 |  |  | $ | — |
Net income recognized on cash flow hedges |  | $ | 574 |  |  | $ | — |  |  | $ | 1,722 |  |  | $ | — |
Offsetting Assets [Table Text Block] |
|  |  |  |  |  | Gross Amounts |  |  | Net Amounts of Assets |  |  | Gross Amounts Not Offset |
|  | Gross Amounts |  |  | Offset in the |  |  | Presented in the |  |  | in the Consolidated Balance Sheets |
|  | of Recognized |  |  | Consolidated |  |  | Consolidated |  |  | Financial |  |  | Cash Collateral |  |  |  |  |
Offsetting of derivative assets |  | Assets |  |  | Balance Sheets |  |  | Balance Sheets |  |  | Instruments |  |  | Received |  |  | Net Amount |
At March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 4,327 |  |  | $ | 35 |  |  | $ | 4,292 |  |  | $ | — |  |  | $ | — |  |  | $ | 4,292 |
At December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 7,844 |  |  | $ | 538 |  |  | $ | 7,306 |  |  | $ | — |  |  | $ | 740 |  |  | $ | 6,566 |
Offsetting Liabilities [Table Text Block] |
|  |  |  |  |  | Gross Amounts |  |  | Net Amounts of |  |  | Gross Amounts Not Offset |
|  | Gross Amounts |  |  | Offset in the |  |  | Liabilities Presented in |  |  | in the Consolidated Balance Sheets |
|  | of Recognized |  |  | Consolidated |  |  | the Consolidated |  |  | Financial |  |  | Cash Collateral |  |  |  |  |
Offsetting of derivative liabilities |  | Liabilities |  |  | Balance Sheets |  |  | Balance Sheets |  |  | Instruments |  |  | Posted |  |  | Net Amount |
At March 31, 2025 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | 567 |  |  | $ | 311 |  |  | $ | 256 |  |  | $ | — |  |  | $ | 80 |  |  | $ | 176 |
At December 31, 2024 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |

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