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Note 9 - Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   

At June 30, 2024

 
   

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

  $ 222,806     $ -     $ 222,806     $ -  

Securities of U.S. Government sponsored entities

    291,206       -       291,206       -  

U.S. Treasury securities

    4,820       4,820       -       -  

Obligations of states and political subdivisions

    69,758       -       69,758       -  

Corporate securities

    1,855,618       -       1,855,618       -  

Collateralized loan obligations

    1,255,110       -       1,255,110       -  

Total debt securities available for sale

  $ 3,699,318     $ 4,820     $ 3,694,498     $ -  
   

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

For the Six

 
                                   

Months Ended

 
   

At June 30, 2024

   

June 30, 2024

 
   

Carrying Value

   

Level 1

   

Level 2

   

Level 3

   

Total Losses

 
   

(In thousands)

 

Loans:

                                       

Commercial real estate

  $ 14     $ -     $ -     $ 14     $ -  

Total assets measured at fair value on a nonrecurring basis

  $ 14     $ -     $ -     $ 14     $ -  
                                   

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

At June 30, 2024

 
   

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

  $ 486,124     $ 486,124     $ 486,124     $ -     $ -  

Debt securities held to maturity

    860,868       817,071       -       817,071       -  

Loans

    815,890       813,272       -       -       813,272  
                                         

Financial Liabilities:

                                       

Deposits

  $ 5,131,440     $ 5,129,495     $ -     $ 5,042,434     $ 87,061  

Bank Term Funding Program borrowings

    200,000       200,112       -       200,112       -  

Securities sold under repurchase agreements

    100,167       100,167       -       100,167          
   

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  

Securities sold under repurchase agreements

    58,162       58,162       -       58,162       -