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Note 3 - Securities (Tables)
12 Months Ended
Dec. 31, 2023
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, 2023

                

U.S. government sponsored entities

 $8,884  $-  $(1,001) $7,883 

U.S. treasury securities

  -   -   -   - 

Collateralized mortgage obligations and residential mortgage-backed securities

  149,410   -   (25,946)  123,464 

Municipal securities

  278,813   60   (40,203)  238,670 

Collateralized debt obligations

  2,170   -   (813)  1,357 

Total securities available-for-sale

 $439,277  $60  $(67,963) $371,374 
  

(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 
Investments Classified by Contractual Maturity Date [Table Text Block]
  

(Dollars in thousands)

 
  

Available-for-sale

 
      

Estimated

 
  

Cost

  

Fair

 

December 31, 2023

 

Basis

  

Value

 

Due in one year or less

 $250  $249 

Due from one to five years

  10,433   9,325 

Due from five to ten years

  21,801   20,486 

Due over ten years

  257,383   217,850 

Collateralized mortgage obligations and residential mortgage-backed securities

  149,410   123,464 

Total

 $439,277  $371,374 
Schedule of Realized Gain (Loss) [Table Text Block]
  

(Dollars in thousands)

 
  

December 31,

  

December 31,

 
  

2023

  

2022

 
         

Proceeds

 $476  $53,953 

Gross gains

  -   733 

Gross losses

  (48)  (71)
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
  

(Dollars in thousands)

 
  

Unrealized
gain/(loss)

 

Ending balance, December 31, 2022

 $(64,300)

Current period change

  12,687 

Ending balance, December 31, 2023

 $(51,613)
  

(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, 2023

                            

U.S. government sponsored entities

 $-  $-  $7,883  $(1,001) $7,883  $(1,001)  100.0%

Collateralized mortgage obligations and residential mortgage-backed securities

  -   -   123,464   (25,946)  123,464   (25,946)  100.0%

Municipal securities

  -   -   229,595   (40,203)  229,595   (40,203)  96.2%

Collateralized debt obligations

  -   -   1,357   (813)  1,357   (813)  100.0%

Total temporarily impaired

 $-  $-  $362,299  $(67,963) $362,299  $(67,963)  97.6%

Number of securities

      -       434       434     
  

(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