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Note 15 - Derivatives and Hedging Activities (Tables) | 9 Months Ended
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Sep. 30, 2024
Notes Tables |
Schedule of Derivative Instruments [Table Text Block] |
|  |  | Carrying Amount of the Hedged Assets |  |  |  | Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets |
|  | (In thousands) |
Line item in the Consolidated Balance Sheets where the hedged item is included: |  |  |  |  |  |  |  |
September 30, 2024 |  |  |  |  |  |  |  |
Investment securities (1) |  | $ | 51,433 |  |  | $ | 1,433 |
Loans receivable (2) |  |  | 101,579 |  |  |  | 1,579 |
Total |  | $ | 153,012 |  |  | $ | 3,012 |
December 31, 2023 |  |  |  |  |  |  |  |
Investment securities |  | $ | 51,054 |  |  | $ | 1,054 |
Total |  | $ | 51,054 |  |  | $ | 1,054 |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] |
|  |  |  |  |  | Fair Value |
|  | Notional Amount |  |  | Other Assets |  |  | Other Liabilities |
|  |  | (In thousands) |
September 30, 2024 |  |  |  |  |  |  |  |  |  |  |  |
Fair value hedges: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps - securities |  | $ | 50,000 |  |  | $ | — |  |  | $ | 1,310 |
Interest rate swaps - loans |  |  | 100,000 |  |  |  | — |  |  |  | 1,439 |
December 31, 2023 |  |  |  |  |  |  |  |  |  |  |  |
Fair value hedges: |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps - securities |  | $ | 50,000 |  |  | $ | — |  |  | $ | 1,002 |
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] |
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
|  | (In thousands) |
Total amounts recognized in interest on investment securities |  | $ | 3,786 |  |  | $ | 3,368 |  |  | $ | 11,367 |  |  | $ | 9,886 |
Total amounts recognized in interest and fees on loans receivable (1) |  |  | 23,536 |  |  |  | — |  |  |  | 70,036 |  |  |  | — |
Net gains (losses) on fair value hedging relationships |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest rate swaps - securities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized on hedged items |  | $ | 1,338 |  |  | $ | — |  |  | $ | 1,433 |  |  | $ | 392 |
Recognized on derivatives designated as hedging instruments |  |  | (1,102 | ) |  |  | — |  |  |  | (1,350 | ) |  |  | (254 | )
Interest rate swaps - loans |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Recognized on hedged items (1) |  |  | 562 |  |  |  | — |  |  |  | 1,579 |  |  |  | — |
Recognized on derivatives designated as hedging instruments (1) |  |  | (300 | ) |  |  | — |  |  |  | (1,544 | ) |  |  | — |
Net income recognized on fair value |  | $ | 498 |  |  | $ | — |  |  | $ | 118 |  |  | $ | 138 |
(1) Fair value hedge on loans initiated in 2024. Amounts presented for 2023 are limited to the fair value hedge on securities. |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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