Note 18 - Fair Value Measurements and Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]

(dollars in thousands)	Fair Value Measurements Using:
September 30, 2023	Level 1		Level 2		Level 3		Total
Assets measured at fair value:
On a recurring basis:
Securities available for sale
Government agency securities	$	—	$	7,894	$	—	$	7,894
SBA agency securities		—		7,261		—		7,261
Mortgage-backed securities		—		33,437		—		33,437
Collateralized mortgage obligations		—		138,694		—		138,694
Commercial paper		—		129,073		—		129,073
Corporate debt securities		—		29,806		—		29,806
Municipal securities		—		8,213		—		8,213
Interest Rate Lock Contracts		—		—		9		9
Forward Mortgage Loan Sale Contracts		—		—		16		16
	$	—	$	354,378	$	25	$	354,403
On a non-recurring basis:
Other real estate owned	$	—	$	—	$	284	$	284

December 31, 2022	Level 1		Level 2		Level 3		Total
Assets measured at fair value:
On a recurring basis:
Securities available for sale
Government agency securities	$	—	$	4,495	$	—	$	4,495
SBA agency securities		—		2,411		—		2,411
Mortgage-backed securities		—		42,928		—		42,928
Collateralized mortgage obligations		—		111,593		—		111,593
Commercial paper		—		49,537		—		49,537
Corporate debt securities		—		37,012		—		37,012
Municipal securities		—		8,854		—		8,854
Forward Mortgage Loan Sale Contracts		—		—		18		18
	$	—	$	256,830	$	18	$	256,848
On a non-recurring basis:
Other real estate owned	$	—	$	—	$	577	$	577

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

		September 30, 2023				December 31, 2022
	Fair Value	Carrying		Fair		Carrying		Fair
(dollars in thousands)	Hierarchy	Value		Value		Value		Value
Financial Assets:
Cash and due from banks	Level 1	$	330,791	$	330,791	$	83,548	$	83,548
Interest-earning deposits in other financial institutions	Level 1		600		600		600		600
Investment securities - AFS	Level 2		354,378		354,378		256,830		256,830
Investment securities - HTM	Level 2		5,214		4,750		5,729		5,563
Mortgage loans held for sale	Level 1		62		57		—		—
Loans, net	Level 3		3,078,522		3,023,903		3,295,373		3,251,464
Equity securities	Level 3		22,235		22,235		22,238		22,238
Servicing assets	Level 3		8,439		19,486		9,521		21,712
Accrued Interest Receivable	Level 1/2/3		14,008		14,008		14,536		14,536
		Carrying		Fair		Carrying		Fair
Derivative assets:		Value		Value		Value		Value
Interest Rate Lock Contracts	Level 3	$	9	$	9	$	—	$	—
Forward Mortgage Loan Sale Contracts	Level 3		16		16		18		18
		Carrying		Fair		Carrying		Fair
Financial Liabilities:		Value		Value		Value		Value
Deposits	Level 2	$	3,154,072	$	3,120,299	$	2,977,683	$	2,960,529
FHLB advances	Level 3		150,000		142,576		220,000		210,470
Long-term debt	Level 3		174,019		130,154		173,585		132,709
Subordinated debentures	Level 3		14,884		14,561		14,720		14,195
Accrued Interest Payable	Level 2/3		11,333		11,333		3,711		3,711