Note 3 - Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

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

As of and for the year ended December 31, 2023
	Unrealized gains
	(losses) on			Securities
	available-for-sale			transferred to
(dollars in thousands)	debt securities			held-to-maturity			Total
Beginning balance	$	(53,624	)	$	(17,528	)	$	(71,152	)
Other comprehensive income before reclassifications, net of tax		7,754			-			7,754
Amounts reclassified from accumulated other comprehensive income, net of tax		5,110			1,821			6,931
Net current-period other comprehensive income		12,864			1,821			14,685
Ending balance	$	(40,760	)	$	(15,707	)	$	(56,467	)

As of and for the year ended December 31, 2022
	Unrealized gains
	(losses) on			Securities
	available-for-sale			transferred to
(dollars in thousands)	debt securities			held-to-maturity			Total
Beginning balance	$	179		$	-		$	179
Other comprehensive loss before reclassifications, net of tax		(53,800	)		(18,867	)		(72,667	)
Amounts reclassified from accumulated other comprehensive income, net of tax		(3	)		1,339			1,336
Net current-period other comprehensive loss		(53,803	)		(17,528	)		(71,331	)
Ending balance	$	(53,624	)	$	(17,528	)	$	(71,152	)

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

Details about accumulated other	Amount reclassified from accumulated						Affected line item in the statement
comprehensive income components	other comprehensive income						where net income is presented
(dollars in thousands)	2023			2022
Unrealized (losses) gains on AFS debt securities	$	(6,468	)	$	4		Gain (loss) on sale of investment securities
Amortization of unrealized loss on held-to-maturity securities		(2,305	)		(1,695	)	Interest income on investment securities
Total reclassifications for the period		(8,773	)		(1,691	)	Income before income taxes
Income tax effect		1,842			355		Provision for income taxes
Total reclassifications for the period	$	(6,931	)	$	(1,336	)	Net income