Note 6 - Offsetting Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Offsetting Assets [Table Text Block]

(in thousands)
Offsetting of Assets
							Gross Amount Not
					Net Amount		Offset in the Balance Sheet
					of Assets		Financial
	Gross Amount		Gross Amount		Presented		Instruments		Cash
	of Recognized		Offset in the		in the		Received as		Received as			Net
	Assets		Balance Sheet		Balance Sheet		Collateral		Collateral			Amount
June 30, 2023
Interest rate swaps	$	30,093	$	-	$	30,093	$	-	$	-		$	30,093
Interest rate swaptions		17,957		-		17,957		-		(2,150	)		15,807
Interest rate caps		211		-		211		-		-			211
Interest rate floors		3,844		-		3,844		-		-			3,844
TBA securities		219		-		219		-		(219	)		-
	$	52,324	$	-	$	52,324	$	-	$	(2,369	)	$	49,955
December 31, 2022
Interest rate swaps	$	4,983	$	-	$	4,983	$	-	$	-		$	4,983
Interest rate swaptions		33,398		-		33,398		-		(12,489	)		20,909
Interest rate caps		1,119		-		1,119		-		-			1,119
TBA securities		672		-		672		-		(532	)		140
	$	40,172	$	-	$	40,172	$	-	$	(13,021	)	$	27,151

Offsetting Liabilities [Table Text Block]

(in thousands)
Offsetting of Liabilities
							Gross Amount Not
					Net Amount		Offset in the Balance Sheet
					of Liabilities		Financial
	Gross Amount		Gross Amount		Presented		Instruments
	of Recognized		Offset in the		in the		Posted as			Cash Posted			Net
	Liabilities		Balance Sheet		Balance Sheet		Collateral			as Collateral			Amount
June 30, 2023
Repurchase Agreements	$	4,201,717	$	-	$	4,201,717	$	(4,171,128	)	$	(30,589	)	$	-
Interest rate swaptions		10,284		-		10,284		-			-			10,284
Interest rate floors		2,573		-		2,573		-			-			2,573
TBA securities		18		-		18		-			(18	)		-
	$	4,214,592	$	-	$	4,214,592	$	(4,171,128	)	$	(30,607	)	$	12,857
December 31, 2022
Repurchase Agreements	$	3,378,445	$	-	$	3,378,445	$	(3,365,104	)	$	(13,341	)	$	-
Interest rate swaps		-		-		-		-			-			-
Interest rate swaptions		5,982		-		5,982		-			-			5,982
TBA securities		1,179		-		1,179		-			(1,179	)		-
	$	3,385,606	$	-	$	3,385,606	$	(3,365,104	)	$	(14,520	)	$	5,982