Note 12 - Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

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

	Fair Value Measurements at September 30, 2022 Using
	Balance at September 30,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2022		Level 1		Level 2		Level 3
Assets:
Securities available for sale:
U.S. Treasury	$	138,537	$	—	$	138,537	$	—
Federal agencies and GSEs		104,665		—		104,665		—
Mortgage-backed and CMOs		306,065		—		306,065		—
State and municipal		64,607		—		64,607		—
Corporate		28,010		—		28,010		—
Total securities available for sale	$	641,884	$	—	$	641,884	$	—
Derivative - cash flow hedges	$	1,498	$	—	$	1,498	$	—
Loans held for sale	$	2,852	$	—	$	2,852	$	—

	Fair Value Measurements at December 31, 2021 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2021		Level 1		Level 2		Level 3
Assets:
Securities available for sale:
U.S. Treasury	$	149,577	$	—	$	149,577	$	—
Federal agencies and GSEs		104,580		—		104,580		—
Mortgage-backed and CMOs		356,310		—		356,310		—
State and municipal		66,472		—		66,472		—
Corporate		15,528		—		15,528		—
Total securities available for sale	$	692,467	$	—	$	692,467	$	—
Loans held for sale	$	8,481	$	—	$	8,481	$	—
Liabilities:
Derivative - cash flow hedges	$	2,800	$	—	$	2,800	$	—

Fair Value Measurements, Nonrecurring [Table Text Block]

	Fair Value Measurements at September 30, 2022 Using
	Balance at September 30,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2022		Level 1		Level 2		Level 3
Assets:
Impaired loans, net of valuation allowance	$	161	$	—	$	—	$	161
Other real estate owned, net		143		—		—		143

	Fair Value Measurements at December 31, 2021 Using
	Balance at December 31,		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
Description	2021		Level 1		Level 2		Level 3
Assets:
Impaired loans, net of valuation allowance	$	7	$	—	$	—	$	7
Other real estate owned, net		143		—		—		143

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

Assets	Valuation Technique	Unobservable Input	Range; Weighted Average (1)
Impaired loans	Discounted appraised value	Selling cost	8.00% - 15%
Other real estate owned, net	Discounted appraised value	Selling cost	8.00%

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

	Fair Value Measurements at September 30, 2022 Using
	Carrying		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Fair Value
	Value		Level 1		Level 2		Level 3		Balance
Financial Assets:
Cash and cash equivalents	$	94,978	$	94,978	$	—	$	—	$	94,978
Securities available for sale		641,884		—		641,884		—		641,884
Restricted stock		8,383		—		8,383		—		8,383
Loans held for sale		2,852		—		2,852		—		2,852
Loans, net of allowance		2,100,226		—		—		2,013,036		2,013,036
Derivative - cash flow hedges		1,498		—		1,498		—		1,498
Bank owned life insurance		29,480		—		29,480		—		29,480
Accrued interest receivable		6,241		—		6,241		—		6,241
Financial Liabilities:
Deposits	$	2,690,870	$	—	$	2,691,681	$	—	$	2,691,681
Repurchase agreements		625		—		625		—		625
Junior subordinated debt		28,308		—		—		24,112		24,112
Accrued interest payable		334		—		334		—		334

	Fair Value Measurements at December 31, 2021 Using
	Carrying		Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs		Fair Value
	Value		Level 1		Level 2		Level 3		Balance
Financial Assets:
Cash and cash equivalents	$	510,868	$	510,868	$	—	$	—	$	510,868
Securities available for sale		692,467		—		692,467		—		692,467
Restricted stock		8,056		—		8,056		—		8,056
Loans held for sale		8,481		—		8,481		—		8,481
Loans, net of allowance		1,927,902		—		—		1,914,887		1,914,887
Bank owned life insurance		29,107		—		29,107		—		29,107
Accrued interest receivable		5,822		—		5,822		—		5,822
Financial Liabilities:
Deposits	$	2,890,353	$	—	$	2,892,487	$	—	$	2,892,487
Repurchase agreements		41,128		—		41,128		—		41,128
Junior subordinated debt		28,232		—		—		26,635		26,635
Accrued interest payable		392		—		392		—		392
Derivative - cash flow hedges		2,800		—		2,800		—		2,800