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Note 9 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Financial Assets		At September 30, 2025
Securities available-for-sale:		Level 1				Level 2				Level 3				Total
U.S. agency securities		$	—			$	17,988			$	—			$	17,988
Corporate securities			—				15,451				—				15,451
Municipal bonds			—				70,705				—				70,705
Mortgage-backed securities			—				197,222				—				197,222
Asset-backed securities			—				10,329				—				10,329
Mortgage loans held for sale, at fair value			—				38,579				—				38,579
Loans receivable, at fair value			—				12,571				—				12,571
Derivatives:
Interest rate lock commitments with customers			—				—				275				275
Forward TBA mortgage-backed securities			—				30				—				30
Interest rate swaps - cash flow and fair value hedges			—				1,714				—				1,714
Interest rate swaps - dealer offsets to customer swap positions			—				59				—				59
Total assets measured at fair value		$	—			$	364,648			$	275			$	364,923
Financial Liabilities
Derivatives:
Interest rate swaps - customer swap positions		$	—			$	(59	)		$	—			$	(59	)
Interest rate swaps - cash flow and fair value hedges			—				(665	)			—				(665	)
Mandatory and best effort forward commitments with investors			—				—				(28	)			(28	)
Total liabilities measured at fair value		$	—			$	(724	)		$	(28	)		$	(752	)

Financial Assets		At December 31, 2024
Securities available-for-sale:		Level 1				Level 2				Level 3				Total
U.S. agency securities		$	—			$	17,138			$	—			$	17,138
Corporate securities			—				15,126				—				15,126
Municipal bonds			—				70,344				—				70,344
Mortgage-backed securities			—				167,186				—				167,186
Asset-backed securities			—				11,381				—				11,381
Mortgage loans held for sale, at fair value			—				27,835				—				27,835
Loans receivable, at fair value			—				12,728				—				12,728
Derivatives:
Mandatory and best effort forward commitments with investors			—				—				31				31
Interest rate lock commitments with customers			—				—				103				103
Forward TBA mortgage-backed securities			—				180				—				180
Interest rate swaps- cash flow and fair value hedges			—				7,244				—				7,244
Interest rate swaps - dealer offsets to customer swap positions			—				62				—				62
Total assets measured at fair value		$	—			$	329,224			$	134			$	329,358
Financial Liabilities
Derivatives:
Interest rate swaps - customer swap positions		$	—			$	(61	)		$	—			$	(61	)
Total liabilities measured at fair value		$	—			$	(61	)		$	—			$	(61	)

Fair Value Measurements, Nonrecurring [Table Text Block]

		September 30, 2025
		Level 1				Level 2				Level 3				Total
Collateral dependent loans		$	—			$	—			$	9,349			$	9,349
MSRs			—				—				21,691				21,691

		December 31, 2024
		Level 1				Level 2				Level 3				Total
Collateral dependent loans		$	—			$	—			$	1,130			$	1,130
MSRs			—				—				21,043				21,043

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

Level 3				Significant						Weighted Average Rate
Fair Value		Valuation		Unobservable						September 30,				December 31,
Instruments		Techniques		Inputs		Range				2025				2024
RECURRING
Interest rate lock commitments with customers		Quoted market prices		Pull-through expectations			80% - 99%				89.9	%			94.0	%
Individual forward sale commitments with investors		Quoted market prices		Pull-through expectations			80% - 99%				89.9	%			94.0	%
NONRECURRING
Collateral dependent loans		Fair value of underlying collateral		Discount applied to the obtained appraisal			0% - 25%				12.0	%			—	%
MSRs		Industry sources		Pre-payment speeds			0% - 50%				8.3	%			8.3	%

Fair Value, Assets (Liabilities) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

						Purchases												Net change in				Net change in
Three Months Ended		Beginning				and				Sales and				Ending				fair value for				fair value for
September 30, 2025		Balance				Issuances				Settlements				Balance				gains/(losses) (1)				gains/(losses) (2)
Interest rate lock commitments with customers		$	409			$	864			$	(998	)		$	275			$	(134	)		$	—
Individual forward sale commitments with investors			(162	)			(92	)			226				(28	)			134				—
September 30, 2024
Interest rate lock commitments with customers		$	378			$	1,587			$	(1,673	)		$	292			$	(86	)		$	—
Individual forward sale commitments with investors			(316	)			(1,138	)			1,377				(77	)			239				—

						Purchases												Net change in				Net change in
Nine Months Ended		Beginning				and				Sales and				Ending				fair value for				fair value for
September 30, 2025		Balance				Issuances				Settlements				Balance				gains/(losses) (1)				gains/(losses) (2)
Interest rate lock commitments with customers		$	103			$	3,104			$	(2,932	)		$	275			$	172			$	—
Individual forward sale commitments with investors			31				(345	)			286				(28	)			(59	)			—
September 30, 2024
Interest rate lock commitments with customers		$	329			$	3,245			$	(3,282	)		$	292			$	(37	)		$	—
Individual forward sale commitments with investors			(188	)			(1,117	)			1,228				(77	)			(111	)			—

Fair Value, by Balance Sheet Grouping [Table Text Block]

		September 30, 2025								December 31, 2024
Financial Assets		Carrying				Fair				Carrying				Fair
Level 1 inputs:		Amount				Value				Amount				Value
Cash and cash equivalents		$	61,280			$	61,280			$	31,635			$	31,635
Certificates of deposit at other financial institutions			—				—				1,727				1,727
Level 2 inputs:
Securities available-for-sale, at fair value			311,695				311,695				281,175				281,175
Securities held-to-maturity, gross			31,606				32,142				8,500				8,144
Loans held for sale, at fair value			38,579				38,579				27,835				27,835
FHLB stock, at cost			7,975				7,975				15,621				15,621
Forward TBA mortgage-backed securities			30				30				180				180
Loans receivable, at fair value			12,571				12,571				12,728				12,728
Interest rate swaps - cash flow and fair value hedges			1,714				1,714				7,244				7,244
Interest rate swaps - dealer offsets to customer swap positions			59				59				62				62
Level 3 inputs:
Loans receivable, gross			2,617,086				2,525,412				2,521,093				2,385,213
MSRs, held at lower of cost or fair value			8,506				21,691				9,204				21,043
Mandatory and best effort forward commitments with investors			—				—				31				31
Fair value interest rate locks with customers			275				275				103				103
Financial Liabilities
Level 2 inputs:
Time deposits			1,299,774				1,300,722				1,028,896				1,024,663
Borrowings			129,305				128,100				307,806				307,408
Subordinated notes, excluding unamortized debt issuance costs			50,000				48,654				50,000				45,504
Interest rate swaps - cash flow and fair value hedges			665				665				—				—
Interest rate swaps - customer swap positions			59				59				61				61
Level 3 inputs:
Mandatory and best effort forward commitments with investors			28				28				—				—

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