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Note 3 - Securities (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Debt Securities, Available-for-Sale [Table Text Block]
  

(Dollars in thousands)

 
      

Gross

  

Gross

  

Estimated

 
  

Cost

  

Unrealized

  

Unrealized

  

Fair

 
  

Basis

  

Gains

  

Losses

  

Value

 

December 31, 2022

                

U.S. government sponsored entities

 $8,883  $-  $(1,258)  7,625 

U.S. treasury securities

  389   -   -   389 

Collateralized mortgage obligations and residential mortgage-backed securities

  163,000   -   (28,884)  134,116 

Municipal securities

  281,032   7   (53,321)  227,718 

Collateralized debt obligations

  2,173   -   (1,125)  1,048 

Total securities available-for-sale

 $455,477  $7  $(84,588) $370,896 
  

(Dollars in thousands)

 
      

Gross

  

Gross

  

Estimated

 
  

Cost

  

Unrealized

  

Unrealized

  

Fair

 
  

Basis

  

Gains

  

Losses

  

Value

 

December 31, 2021

                

U.S. government sponsored entities

 $8,883  $-  $(214) $8,669 

U.S. treasury securities

  400   -   -   400 

Collateralized mortgage obligations and residential mortgage-backed securities

  187,279   961   (3,539)  184,701 

Municipal securities

  322,750   9,904   (527)  332,127 

Collateralized debt obligations

  2,173   -   (1,181)  992 

Total securities available-for-sale

 $521,485  $10,865  $(5,461) $526,889 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

(Dollars in thousands)

 
  

Available-for-sale

 
      

Estimated

 
  

Cost

  

Fair

 

December 31, 2022

 

Basis

  

Value

 

Due in one year or less

 $105  $105 

Due from one to five years

  4,868   4,493 

Due from five to ten years

  21,099   18,993 

Due over ten years

  266,405   213,189 

Collateralized mortgage obligations and residential mortgage-backed securities

  163,000   134,116 

Total

 $455,477  $370,896 
Schedule of Realized Gain (Loss) [Table Text Block]
  

(Dollars in thousands)

 
  

December 31,

  

December 31,

 
  

2022

  

2021

 
         

Proceeds

 $53,953  $43,756 

Gross gains

  733   2,010 

Gross losses

  (71)  (23)
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
  

(Dollars in thousands)

 
  Unrealized 
  

gain/(loss)

 

Ending balance, December 31, 2020

 $10,441 

Current period change

  (6,165)

Ending balance, December 31, 2021

 $4,276 
  

(Dollars in thousands)

 
  

Unrealized
gain/(loss)

 

Ending balance, December 31, 2021

 $4,276 

Current period change

  (68,576)

Ending balance, December 31, 2022

 $(64,300)
Unrealized Gain (Loss) on Investments [Table Text Block]
  

(Dollars in thousands)

     
  

Less than 12 months

  

12 months or longer

  

Total

     
  

Estimated

      

Estimated

      

Estimated

      

Percentage of

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Total Portfolio

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

  

in Loss Position

 

December 31, 2022

                            

U.S. government sponsored entities

 $-  $-  $7,625  $(1,258) $7,625  $(1,258)  100.0%

Collateralized mortgage obligations and residential mortgage-backed securities

  32,700   (4,955)  101,416   (23,929)  134,116   (28,884)  100.0%

Municipal securities

  171,581   (35,935)  52,961   (17,386)  224,542   (53,321)  98.6%

Collateralized debt obligations

  -   -   1,048   (1,125)  1,048   (1,125)  100.0%

Total temporarily impaired

 $204,281  $(40,890) $163,050  $(43,698) $367,331  $(84,588)  99.0%

Number of securities

      311       135       446     
  

(Dollars in thousands)

     
  

Less than 12 months

  

12 months or longer

  

Total

     
  

Estimated

      

Estimated

      

Estimated

      

Percentage of

 
  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Fair

  

Unrealized

  

Total Portfolio

 
  

Value

  

Losses

  

Value

  

Losses

  

Value

  

Losses

  

in Loss Position

 

December 31, 2021

                            

U.S. government sponsored entities

 $8,669  $(214) $-  $-  $8,669  $(214)  100.0%

Collateralized mortgage obligations and residential mortgage-backed securities

  126,373   (3,175)  8,109   (364)  134,482   (3,539)  72.8%

Municipal securities

  70,309   (527)  -   -   70,309   (527)  21.2%

Collateralized debt obligations

  -   -   992   (1,181)  992   (1,181)  100.0%

Total temporarily impaired

 $205,351  $(3,916) $9,101  $(1,545) $214,452  $(5,461)  40.7%

Number of securities

      133       5       138