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Note 11 - Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
  

At December 31, 2023

 
  

Fair Value

  

Quoted Prices in Active Markets for Identical Assets
(Level 1)

  

Significant Other Observable Inputs
(Level 2)

  

Significant Unobservable Inputs
(Level 3) (1)

 
  

(In thousands)

 

Debt securities available for sale:

                

Agency residential MBS

 $239,454  $-  $239,454  $- 

Securities of U.S. Government sponsored entities

  294,919   -   294,919   - 

Obligations of states and political subdivisions

  71,283   -   71,283   - 

Corporate securities

  1,909,548   -   1,909,548   - 

Collateralized loan obligations

  1,484,597   -   1,484,597   - 

Total debt securities available for sale

 $3,999,801  $-  $3,999,801  $- 
  

At December 31, 2022

 
  

Fair Value

  

Quoted Prices in Active Markets for Identical Assets
(Level 1)

  

Significant Other Observable Inputs
(Level 2)

  

Significant Unobservable Inputs
(Level 3) (1)

 
  

(In thousands)

 

Debt securities available for sale:

                

Agency residential MBS

 $286,048  $-  $286,048  $- 

Securities of U.S. Government sponsored entities

  290,853   -   290,853   - 

Obligations of states and political subdivisions

  82,004   -   82,004   - 

Corporate securities

  2,099,955   -   2,099,955   - 

Collateralized loan obligations

  1,572,883   -   1,572,883   - 

Total debt securities available for sale

 $4,331,743  $-  $4,331,743  $- 
Fair Value Measurements, Nonrecurring [Table Text Block]
                  

For the

 
                  

Year Ended

 
  

At December 31, 2023

  

December 31, 2023

 
  

Carrying Value

  

Level 1

  

Level 2

  

Level 3

  

Total Losses

 
  

(In thousands)

 

Loans:

                    

Commercial real estate

 $110  $-  $-  $110  $- 

Total assets measured at fair value on a nonrecurring basis

 $110  $-  $-  $110  $- 
                  

For the

 
                  

Year Ended

 
  

At December 31, 2022

  

December 31, 2022

 
  

Carrying Value

  

Level 1

  

Level 2

  

Level 3

  

Total Losses

 
  

(In thousands)

 

Loans:

                    

Commercial real estate

 $225  $-  $-  $225  $- 

Total assets measured at fair value on a nonrecurring basis

 $225  $-  $-  $225  $- 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

At December 31, 2023

 
  

Carrying Amount

  

Estimated Fair Value

  

Quoted Prices in Active Markets for Identical Assets
(Level 1)

  

Significant Other Observable Inputs
(Level 2 )

  

Significant Unobservable Inputs
(Level 3 )

 

Financial Assets:

 

(In thousands)

 

Cash and due from banks

 $190,314  $190,314  $190,314  $-  $- 

Debt securities held to maturity

  878,396   849,562   -   849,562   - 

Loans

  849,735   847,031   -   -   847,031 
                     

Financial Liabilities:

                    

Deposits

 $5,474,267  $5,474,012  $-  $5,377,465  $96,547 

Short-term borrowed funds

  58,162   58,162   -   58,162   - 
  

At December 31, 2022

 
  

Carrying Amount

  

Estimated Fair Value

  

Quoted Prices in Active Markets for Identical Assets
(Level 1)

  

Significant Other Observable Inputs
(Level 2 )

  

Significant Unobservable Inputs
(Level 3 )

 

Financial Assets:

 

(In thousands)

 

Cash and due from banks

 $294,236  $294,236  $294,236  $-  $- 

Debt securities held to maturity

  915,913   873,511   -   873,511   - 

Loans

  938,204   905,720   -   -   905,720 
                     

Financial Liabilities:

                    

Deposits

 $6,225,290  $6,224,791  $-  $6,094,535  $130,256 

Short-term borrowed funds

  57,792   57,792   -   57,792   -