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Note 5 - Derivatives (Tables)
 9 Months Ended
Sep. 30, 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

 

September 30, 2025

        

Investment securities (1)

 $57,882  $2,118 

Total

 $57,882  $2,118 
         

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]
  

September 30, 2025

 
      

Fair Value

 

Cash flow and fair value hedges:

 

Notional

  

Asset

  

Liability

 

Interest rate swaps

 $280,000  $1,714  $665 

Non-hedging derivatives:

            

Fallout adjusted interest rate lock commitments with customers

  45,889   275   — 

Mandatory and best effort forward commitments with investors

  11,737   —   28 

Forward TBA mortgage-backed securities

  68,000   30   — 

Interest rate swaps – customer swap positions

  716   —   59 

Interest rate swaps – dealer offsets to customer swap positions

  716   59   — 
  

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 September 30,

 
  

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

 $16,797  $4,309  $15,314  $3,243 

Net gains (losses) on fair value hedging relationships:

                

Interest rate swaps – securities

                

Recognized on hedged items

 $—  $241  $—  $2,432 

Recognized on derivatives designated as hedging instruments

  —   (241)  —   (2,432)

Net interest income recognized on cash flows of derivatives designated as hedging instruments

  —   280   —   433 

Net income recognized on fair value hedges

 $—  $280  $—  $433 

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

 $527  $—  $1,151  $— 

Net income recognized on cash flow hedges

 $527  $—  $1,151  $— 
  

Nine Months Ended September 30,

 
  

2025

  

2024

 
  

Interest

      

Interest

     
  

Expense

  

Interest

  

Expense

  

Interest

 
  

Deposits and

  

Income

  

Deposits and

  

Income

 
  

Borrowings

  

Securities

  

Borrowings

  

Securities

 

Total amounts presented on the Consolidated Statements of Income

 $48,223  $11,459  $44,416  $10,660 

Net gains (losses) on fair value hedging relationships:

                

Interest rate swaps – securities

                

Recognized on hedged items

 $—  $2,181  $—  $1,044 

Recognized on derivatives designated as hedging instruments

  —   (2,181)  —   (1,044)

Net interest income recognized on cash flows of derivatives designated as hedging instruments

  —   822   —   1,272 

Net income recognized on fair value hedges

 $—  $822  $—  $1,272 

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

 $1,812  $—  $4,021  $— 

Net income recognized on cash flow hedges

 $1,812  $—  $4,021  $— 
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 September 30, 2025

                        

Interest rate swaps

 $1,997  $224  $1,773  $—  $—  $1,773 
                         

At December 31, 2024

                        

Interest rate swaps

 $7,844  $538  $7,306  $—  $740  $6,566 
Offsetting Liabilities [Table Text Block]
        Net Amounts of          
      

Gross Amounts

  

Liabilities

  

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 liabilities

 

Liabilities

  

Balance Sheets

  

Balance Sheets

  

Instruments

  

Posted

  

Net Amount

 

At September 30, 2025

                        

Interest rate swaps

 $718  $53  $665  $—  $660  $5 
                         

At December 31, 2024

                        

Interest rate swaps

 $—  $—  $—  $—  $—  $—