Note 15 - Derivatives and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Derivative Instruments [Table Text Block]

		Carrying Amount of the Hedged Assets		Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets
	(In thousands)
Line item in the Consolidated Balance Sheets where the hedged item is included:
September 30, 2024
Investment securities (1)	$	51,433	$	1,433
Loans receivable (2)		101,579		1,579
Total	$	153,012	$	3,012
December 31, 2023
Investment securities	$	51,054	$	1,054
Total	$	51,054	$	1,054

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

			Fair Value
	Notional Amount		Other Assets		Other Liabilities
		(In thousands)
September 30, 2024
Fair value hedges:
Interest rate swaps - securities	$	50,000	$	—	$	1,310
Interest rate swaps - loans		100,000		—		1,439
December 31, 2023
Fair value hedges:
Interest rate swaps - securities	$	50,000	$	—	$	1,002

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

	Three Months Ended September 30,					Nine Months Ended September 30,
	2024			2023		2024			2023
	(In thousands)
Total amounts recognized in interest on investment securities	$	3,786		$	3,368	$	11,367		$	9,886
Total amounts recognized in interest and fees on loans receivable (1)		23,536			—		70,036			—
Net gains (losses) on fair value hedging relationships
Interest rate swaps - securities
Recognized on hedged items	$	1,338		$	—	$	1,433		$	392
Recognized on derivatives designated as hedging instruments		(1,102	)		—		(1,350	)		(254	)
Interest rate swaps - loans
Recognized on hedged items (1)		562			—		1,579			—
Recognized on derivatives designated as hedging instruments (1)		(300	)		—		(1,544	)		—
Net income recognized on fair value	$	498		$	—	$	118		$	138
(1) Fair value hedge on loans initiated in 2024. Amounts presented for 2023 are limited to the fair value hedge on securities.