Note 14 - Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	December 31, 2021
	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	$	5,902	$	107,462	$	—	$	113,364
Agency bonds		—		1,920		—		1,920
ABS corporate		—		14,489		—		14,489
SBA		—		14,680		—		14,680
Corporate debt		6,061		53,728		—		59,789
MBS agency		—		79,962		—		79,962
MBS corporate		—		60,008		—		60,008
Equity investments		—		3,071		—		3,071
	$	11,963	$	335,320	$	—	$	347,283

	December 31, 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	$	—	$	127,862	$	—	$	127,862
ABS agency		—		63,820		—		63,820
ABS corporate		—		29,280		—		29,280
SBA		—		18,564		—		18,564
Corporate debt		—		32,970		2,540		35,510
MBS agency		—		62,683		—		62,683
MBS corporate		—		20,205		6,372		26,577
Equity investments		—		1,260		—		1,260
	$	—	$	356,644	$	8,912	$	365,556

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

December 31, 2020	Fair Value (In thousands)		Valuation Technique	Unobservable Input	Range (a)
Corporate debt	$	1,540	Consensus pricing	Offered quotes	89 - 91
				Comparability adjustments (%)	-0.7% - +1.3%
		1,000	Consensus pricing	Offered quotes	92 - 100
				Comparability adjustments (%)	-7.4% - 0%
MBS corporate		6,372	Consensus pricing	Offered quotes	104 - 107
				Comparability adjustments (%)	-1.5% - +1.5%
(a) Unobservable inputs were weighted by the relative fair value of the instruments.

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

	December 31, 2021
	Balance at January 1, 2021		Transfers Out of Level 3 (1)			Purchases		Unrealized		Total
	(In thousands)
Securities available for sale
Corporate debt	$	2,540	$	(2,540	)	$	—	$	—	$	—
MBS corporate		6,372		(6,372	)		—		—		—
	$	8,912	$	(8,912	)	$	—	$	—	$	—

	December 31, 2020
	Balance at January 1, 2020		Transfers Into Level 3 (1)		Purchases		Unrealized		Total
	(In thousands)
Securities available for sale
Corporate debt	$	—	$	1,540	$	1,000	$	—	$	2,540
MBS corporate		—		—		6,372		—		6,372
	$	—	$	1,540	$	7,372	$	—	$	8,912
(1) Transferred from Level 2 to Level 3 because of a lack of observable market data, resulting from little to no market activity for the securities.

Fair Value Measurements, Nonrecurring [Table Text Block]

	December 31, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Impaired loans	$	—	$	—	$	3,195	$	3,195

	December 31, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Impaired loans	$	—	$	—	$	5,511	$	5,511
Real estate owned and repossessed assets		—		—		2		2
	$	—	$	—	$	5,513	$	5,513

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

	December 31, 2020
	Fair Value		Valuation Technique	Unobservable Input	Range (Weighted-Average) (1)
	(In thousands)
Real estate owned and repossessed assets	$	2	Market comparable	Discount to appraisal		0% - 10%(5%)

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

	December 31, 2021
	Carrying		Estimated Fair		Fair Value Measurements Using:
	Amount		Value		Level 1		Level 2		Level 3
	(In thousands)
Financial assets
Cash and cash equivalents	$	126,016	$	126,016	$	126,016	$	—	$	—
Investment securities available for sale		344,212		347,283		11,963		335,320		—
Loans held for sale		760		760		—		760		—
Loans receivable, net		1,350,260		1,328,589		—		—		1,328,589
FHLB stock		5,196		5,196		—		5,196		—
Accrued interest receivable		5,289		5,289		—		5,289		—
Servicing rights on sold loans, net		3,282		3,820		—		—		3,820
Equity investments		3,071		3,071		—		3,071		—
Financial liabilities
Demand deposits	$	1,333,337	$	1,333,337	$	1,333,337	$	—	$	—
Time deposits		247,243		247,217		—		—		247,217
Borrowings		80,000		80,192		—		—		80,192
Subordinated debt, net		39,280		39,144		—		—		39,144
Accrued interest payable		393		393		—		393		—

	December 31, 2020
	Carrying		Estimated Fair		Fair Value Measurements Using:
	Amount		Value		Level 1		Level 2		Level 3
	(In thousands)
Financial assets
Cash and cash equivalents	$	65,155	$	65,155	$	65,155	$	—	$	—
Investment securities available for sale		364,296		365,556		—		356,644		8,912
Loans held for sale		3,753		3,753		—		3,753		—
Loans receivable, net		1,141,969		1,129,570		—		—		1,129,570
FHLB stock		5,977		5,977		—		5,977		—
Accrued interest receivable		6,966		6,966		—		6,966		—
Servicing rights on sold loans, net		2,120		2,189		—		—		2,189
Equity investments		1,260		1,260		—		1,260		—
Financial liabilities
Demand deposits	$	1,024,748	$	1,024,748	$	1,024,748	$	—	$	—
Time deposits		308,769		310,992		—		310,992		—
Borrowings		109,977		111,462		—		111,462		—
Accrued interest payable		53		53		—		53		—