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Note 5 - Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2022

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

Description		Total				Level 1				Level 2				Level 3
2022
U.S. government treasuries		$	200,887			$	200,887			$	-			$	-
U.S. government agencies			112,168				-				112,168				-
U.S. government mortgage-backed securities			142,507				-				142,507				-
State and political subdivisions			289,213				-				289,213				-
Corporate bonds			79,122				-				79,122				-
		$	823,897			$	200,887			$	623,010			$	-
2021
U.S. government treasuries		$	190,479			$	190,479			$	-			$	-
U.S. government agencies			116,014				-				116,014				-
U.S. government mortgage-backed securities			149,601				-				149,601				-
State and political subdivisions			292,859				-				292,859				-
Corporate bonds			82,050				-				82,050				-
		$	831,003			$	190,479			$	640,524			$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

Description		Total				Level 1				Level 2				Level 3
2022
Loans receivable		$	8,991			$	-			$	-			$	8,991
2021
Loans receivable		$	9,012			$	-			$	-			$	9,012
Other real estate owned			218				-				-				218
Total		$	9,230			$	-			$	-			$	9,230

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

		2022
		Estimated			Valuation			Range
		Fair Value			Techniques	Unobservable Inputs		(Average)
Loans receivable		$	8,991		Evaluation of collateral	Estimation of value		NM*

2021

Estimated

Valuation

Range

Fair Value

Techniques

Unobservable Inputs

(Average)

Loans receivable

$

9,012

Evaluation of collateral

Estimation of value

NM*

Other real estate owned

$

218

Appraisal

Appraisal adjustment

6%

-

8%

(7%)

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

			2022								2021
	Fair Value						Estimated								Estimated
	Hierarchy		Carrying				Fair				Carrying				Fair
	Level		Amount				Value				Amount				Value
Financial assets:
Cash and cash equivalents	Level 1		$	148,332			$	148,332			$	89,129			$	89,129
Interest-bearing time deposits	Level 1			16,419				16,419				16,922				16,922
Securities available-for-sale	See previous table			823,897				823,897				831,003				831,003
FHLB and FRB stock	Level 2			3,473				3,473				3,422				3,422
Loans receivable, net	Level 2			1,130,077				1,075,680				1,144,108				1,112,684
Accrued income receivable	Level 1			9,330				9,330				10,124				10,124
Financial liabilities:
Deposits	Level 2		$	1,959,893			$	1,961,384			$	1,878,019			$	1,880,137
Securities sold under agreements to repurchase	Level 1			39,902				39,902				39,851				39,851
FHLB advances	Level 2			-				-				3,000				3,071
Accrued interest payable	Level 1			292				292				353				353

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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