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Note 5 - Derivatives (Tables)
3 Months Ended
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

  $     $     $     $     $     $