XML 35 R25.htm IDEA: XBRL DOCUMENT v3.20.2
Note 9 - Fair Value Accounting and Measurement (Tables)
9 Months Ended
Sep. 30, 2020
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

September 30, 2020

 
  Quoted Prices in Active Markets for Identical Assets or Liabilities  

Significant Other Observable Inputs

  Significant Unobservable Inputs     
  

(Level 1)

  

(Level 2)

  

(Level 3)

  

Total

 
  

(In thousands)

 

Securities available-for-sale

                

Municipal bonds

 $  $97,143  $  $97,143 

ABS agency

     73,618      73,618 

ABS corporate

     32,747      32,747 

Corporate debt

     33,230      33,230 

SBA

     23,864      23,864 

MBS agency

     92,402      92,402 

MBS corporate

     16,107      16,107 
  $  $369,111  $  $369,111 
  

December 31, 2019

 
  

Quoted Prices in Active

Markets for Identical Assets or Liabilities

  

Significant Other Observable Inputs

  

Significant Unobservable

Inputs

     
  

(Level 1)

  

(Level 2)

  

(Level 3)

  

Total

 
  

(In thousands)

 

Securities available-for-sale

                

Municipal bonds

 $  $39,282  $  $39,282 

ABS agency

     28,858      28,858 

ABS corporate

     40,855      40,855 

Corporate debt

     9,643      9,643 

SBA

     28,459      28,459 

MBS agency

     160,167      160,167 

MBS corporate

     8,316      8,316 
  $  $315,580  $  $315,580 
Fair Value Measurements, Nonrecurring [Table Text Block]
  

September 30, 2020

 
  

Level 1

  

Level 2

  

Level 3

  

Total

 
  

(In thousands)

 

Impaired loans

 $  $  $6,355  $6,355 
  

December 31, 2019

 
  

Level 1

  

Level 2

  

Level 3

  

Total

 
  

(In thousands)

 

Impaired loans

 $  $  $6,389  $6,389 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

September 30, 2020

 
          

Fair Value Measurements Using:

 
  

Carrying Amount

  

Estimated Fair Value

  

Level 1

  

Level 2

  

Level 3

 
  

(In thousands)

 

Financial assets

                    

Cash and cash equivalents

 $16,776  $16,776  $16,776  $  $ 

Investment securities available for sale

  369,111   369,111      369,111    

Loans held for sale

  4,754   4,754      4,754    
Loans receivable, net  1,061,417   1,055,850         1,055,850 

FHLB stock

  5,944   5,944      5,944    

Accrued interest receivable

  7,367   7,367      7,367    

Mortgage servicing rights, net

  1,545   1,710         1,710 
                     

Financial liabilities

                    

Demand deposits

 $960,916  $960,916  $960,916  $  $ 
Time deposits  293,540   296,123      296,123    
Borrowings  109,150   110,744      110,744    

Accrued interest payable

  51   51      51    
  

December 31, 2019

 
          

Fair Value Measurements Using:

 
  

Carrying Amount

  

Estimated Fair Value

  

Level 1

  

Level 2

  

Level 3

 
  

(In thousands)

 

Financial assets

                    

Cash and cash equivalents

 $48,739  $48,739  $48,739  $  $ 

Investment securities available for sale

  315,580   315,580      315,580    

Loans held for sale

  503   503      503    

Loans receivable, net

  878,437   858,101         858,101 

FHLB stock

  6,034   6,034      6,034    

Accrued interest receivable

  3,931   3,931      3,931    

Mortgage servicing rights, net

  871   1,486         1,486 
                     

Financial liabilities

                    

Demand deposits

 $693,565  $693,565  $693,565  $  $ 

Time deposits

  308,080   308,819      308,819    

Borrowings

  112,930   113,076      113,076    

Accrued interest payable

  373   373      373