XML 62 R37.htm IDEA: XBRL DOCUMENT v3.20.1
Note 3 - Investment Securities (Tables)
12 Months Ended
Dec. 31, 2019
Notes Tables  
Unrealized Gain (Loss) on Investments [Table Text Block]
   
At December 31, 2019
 
 
 
(dollars in thousands)
 
 
Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
Losses
   
 
Fair
Value
 
                                 
U.S. Government agencies
  $
38,743
    $
1
    $
(439
)   $
38,305
 
Collateralized mortgage obligations
   
329,492
     
2,368
     
(422
)    
331,438
 
Agency mortgage-backed securities
   
98,953
     
82
     
(98
)    
98,937
 
Municipal securities
   
4,064
     
18
     
-
     
4,082
 
Corporate bonds
   
69,499
     
79
     
(3,298
)    
66,280
 
Total securities available for sale
  $
540,751
    $
2,548
    $
(4,257
)   $
539,042
 
                                 
U.S. Government agencies
  $
94,913
    $
482
    $
(294
)   $
95,101
 
Collateralized mortgage obligations
   
416,177
     
7,603
     
(793
)    
422,987
 
Agency mortgage-backed securities
   
133,752
     
1,782
     
(513
)    
135,021
 
Total securities held to maturity
  $
644,842
    $
9,867
    $
(1,600
)   $
653,109
 
   
At December 31, 201
8
 
 
 
(dollars in thousands)
 
 
Amortized
Cost
   
Gross
Unrealized
Gains
   
Gross
Unrealized
Losses
   
 
Fair
Value
 
                                 
Collateralized mortgage obligations
  $
197,812
    $
567
    $
(2,120
)   $
196,259
 
Agency mortgage-backed securities
   
39,105
     
5
     
(611
)    
38,499
 
Municipal securities
   
20,807
     
64
     
(232
)    
20,639
 
Corporate bonds
   
62,583
     
87
     
(3,396
)    
59,274
 
Asset-backed securities
   
6,433
     
-
     
(90
)    
6,343
 
Total securities available for sale
  $
326,740
    $
723
    $
(6,449
)   $
321,014
 
                                 
U.S. Government agencies
  $
107,390
    $
-
    $
(3,772
)   $
103,618
 
Collateralized mortgage obligations
   
500,690
     
570
     
(5,793
)    
495,467
 
Agency mortgage-backed securities
   
153,483
     
-
     
(5,245
)    
148,238
 
Total securities held to maturity
  $
761,563
    $
570
    $
(14,810
)   $
747,323
 
Investments Classified by Contractual Maturity Date [Table Text Block]
   
Available for Sale
   
Held to Maturity
 
 
(dollars in thousands)
 
Amortized
Cost
   
Fair
Value
   
Amortized
Cost
   
Fair
Value
 
Due in 1 year or less
  $
3,790
    $
3,795
    $
-
    $
-
 
After 1 year to 5 years
   
39,653
     
39,435
     
20,048
     
20,073
 
After 5 years to 10 years
   
65,863
     
62,617
     
74,865
     
75,028
 
After 10 years
   
3,000
     
2,820
     
-
     
-
 
Collateralized mortgage obligations
   
329,492
     
331,438
     
416,177
     
422,987
 
Agency mortgage-backed securities
   
98,953
     
98,937
     
133,752
     
135,021
 
Total
  $
540,751
    $
539,042
    $
644,842
    $
653,109
 
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Table Text Block]
(dollars in thousands)
 
201
9
   
201
8
   
201
7
 
                         
Beginning Balance, January 1
st
  $
-
    $
274
    $
937
 
Reductions for securities sold during the period
   
-
     
(274
)    
(663
)
Ending Balance, December 31
st
  $
-
    $
-
    $
274
 
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]
   
At December 31, 201
9
 
   
Less than 12 months
   
12 months or more
   
Total
 
 
(dollars in thousands)
 
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
 
                                                 
U.S. Government agencies
  $
28,136
    $
439
    $
-
    $
-
    $
28,136
    $
439
 
Collateralized mortgage obligations
   
63,384
     
328
     
6,164
     
94
     
69,548
     
422
 
Agency mortgage-backed securities
   
2,924
     
13
     
6,411
     
85
     
9,335
     
98
 
Municipal securities
   
-
     
-
     
-
     
-
     
-
     
-
 
Corporate bonds
   
2,820
     
180
     
51,882
     
3,118
     
54,702
     
3,298
 
Total Available for Sale
  $
97,264
    $
960
    $
64,457
    $
3,297
    $
161,721
    $
4,257
 
   
At December 31, 201
9
 
   
Less than 12 months
   
12 months or more
   
Total
 
 
(dollars in thousands)
 
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
 
                                                 
U.S. Government agencies
  $
33,092
    $
220
    $
3,703
    $
74
    $
36,795
    $
294
 
Collateralized mortgage obligations
   
24,211
     
18
     
64,324
     
775
     
88,535
     
793
 
Agency mortgage-backed securities
   
14,044
     
33
     
52,132
     
480
     
66,176
     
513
 
Total Held to Maturity
  $
71,347
    $
271
    $
120,159
    $
1,329
    $
191,506
    $
1,600
 
   
At December 31, 2018
 
   
Less than 12 months
   
12 months or more
   
Total
 
 
(dollars in thousands)
 
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
 
                                                 
Collateralized mortgage obligations
  $
58,883
    $
270
    $
83,377
    $
1,850
    $
142,260
    $
2,120
 
Agency mortgage-backed securities
   
1,134
     
10
     
16,768
     
601
     
17,902
     
611
 
Municipal securities
   
1,549
     
7
     
12,154
     
225
     
13,703
     
232
 
Corporate bonds
   
-
     
-
     
53,189
     
3,396
     
53,189
     
3,396
 
Asset backed securities
   
6,343
     
90
     
-
     
-
     
6,343
     
90
 
Total Available for Sale
  $
67,909
    $
377
    $
165,488
    $
6,072
    $
233,397
    $
6,449
 
   
At December 31, 2018
 
   
Less than 12 months
   
12 months or more
   
Total
 
 
(dollars in thousands)
 
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
   
Fair
Value
   
Unrealized
Losses
 
                                                 
U.S. Government agencies
  $
5,351
    $
26
    $
98,267
    $
3,746
    $
103,618
    $
3,772
 
Collateralized mortgage obligations
   
44,574
     
475
     
173,467
     
5,318
     
218,041
     
5,793
 
Agency mortgage-backed securities
   
-
     
-
     
119,243
     
5,245
     
119,243
     
5,245
 
Total Held to Maturity
  $
49,925
    $
501
    $
390,977
    $
14,309
    $
440,902
    $
14,810