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Note 11 - Pledged Collateral Related to Securities Sold Under Repurchase Agreements
 3 Months Ended
Mar. 31, 2020
Notes to Financial Statements  
Secured Borrowings [Text Block]
11.
Pledged Collateral Related to Securities Sold Under Repurchase Agreements
 
The repurchase agreements mature daily and the following sets forth the pledged collateral at estimated fair value related to securities sold under repurchase agreements as of
March 31, 2020
and
December 31, 2019:
(in thousands)
 
   
2020
    
2019
  
   
Remaining Contractual Maturity of the
Agreements
  
   
Overnight
    
Overnight
  
                 
                 
Securities sold under agreements to repurchase:
                
U.S. government treasuries
   $
3,629
     $
3,528
  
U.S. government agencies
    
42,239
      
35,557
  
U.S. government mortgage-backed securities
    
20,763
      
19,614
  
                 
Total pledged collateral
   $
66,631
     $
58,699
  
 
In the event the repurchase agreements exceed the estimated fair value of the pledged securities available-for-sale, the Company has unpledged securities available-for-sale that
may
be pledged on the repurchase agreements.