Note 11 - Assets and Liabilities Measured and Reported at Fair Value (Tables)

3 Months Ended

Mar. 31, 2020

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

	Fair Value Measurements Using						Total
March 31, 2020 (in thousands)	Level 1		Level 2		Level 3		Fair Value
Assets:
Securities available for sale:
Government sponsored enterprise obligations	$	—	$	205,923	$	—	$	205,923
Mortgage backed securities - government agencies		—		226,572		—		226,572
Obligations of states and political subdivisions		—		13,318		—		13,318
Total Securities available for sale		—		445,813		—		445,813
Interest rate swaps		—		9,508		—		9,508
Total assets	$	—	$	455,321	$	—	$	455,321
Liabilities:
Interest rate swaps	$	—	$	9,924	$	—	$	9,924

	Fair Value Measurements Using						Total
December 31, 2019 (in thousands)	Level 1		Level 2		Level 3		Fair Value
Assets:
Securities available for sale:
U.S. Treasury and other U.S. government obligations	$	49,897	$	—	$	—	$	49,897
Government sponsored enterprise obligations		—		209,944		—		209,944
Mortgage backed securities - government agencies		—		193,861		—		193,861
Obligations of states and political subdivisions		—		17,036		—		17,036
Total Securities available for sale		49,897		420,841		—		470,738
Interest rate swaps		—		2,696		—		2,696
Total assets	$	49,897	$	423,537	$	—	$	473,434
Liabilities:
Interest rate swaps	$	—	$	2,767	$	—	$	2,767

Fair Value Measurements, Nonrecurring [Table Text Block]

									Losses recorded
									Three months
	Fair Value Measurements Using						Total		ended
March 31, 2020 (in thousands)	Level 1		Level 2		Level 3		Fair Value		March 31, 2020
Collateral dependent loans	$	—	$	—	$	778	$	778	$	—
Other real estate owned		—		—		493		493		—

									Losses recorded
									Three months
	Fair Value Measurements Using						Total		ended
December 31, 2019 (in thousands)	Level 1		Level 2		Level 3		Fair Value		March 31, 2019
Impaired loans	$	—	$	—	$	7,253	$	7,253	$	(3	)
Other real estate owned		—		—		493		493		—

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

March 31, 2020
(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Weighted Average
Collateral dependent loans	$	778	Appraisal	Appraisal discounts		14.5	%
Other real estate owned		493	Appraisal	Appraisal discounts		17.1

December 31, 2019
(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Weighted Average
Impaired loans - collateral dependent	$	7,253	Appraisal	Appraisal discounts		60.3	%
Other real estate owned		493	Appraisal	Appraisal discounts		17.1

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

(in thousands)	Carrying				Fair Value Measurements Using
March 31, 2020	amount		Fair value		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents	$	254,511	$	254,511	$	254,511	$	—	$	—
Mortgage loans held for sale		8,141		8,353		—		8,353		—
Federal Home Loan Bank stock		11,284		11,284		—		11,284		—
Loans, net		2,895,223		2,929,957		—		—		2,929,957
Accrued interest receivable		8,563		8,563		8,563		—		—
Liabilities
Non-interest bearing deposits	$	858,883	$	858,883	$	858,883	$	—	$	—
Transaction deposits		1,917,009		1,917,009		—		1,917,009		—
Time deposits		422,986		429,930		—		429,930		—
Securities sold under agreement to repurchase		32,366		32,366		—		32,366		—
Federal funds purchased		9,747		9,747		—		9,747		—
FHLB advances		69,191		71,362		—		71,362		—
Accrued interest payable		419		419		419		—		—

(in thousands)	Carrying				Fair Value Measurements Using
December 31, 2019	amount		Fair value		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents	$	249,724	$	249,724	$	249,724	$	—	$	—
Mortgage loans held for sale		8,748		8,923		—		8,923		—
Federal Home Loan Bank stock		11,284		11,284		—		11,284		—
Loans, net		2,818,225		2,841,767		—		—		2,841,767
Accrued interest receivable		8,534		8,534		8,534		—		—
Liabilities
Non-interest bearing deposits	$	810,475	$	810,475	$	810,475	$	—	$	—
Transaction deposits		1,891,246		1,891,246		—		1,891,246		—
Time deposits		432,217		434,927		—		434,927		—
Securities sold under agreement to repurchase		31,895		31,895		—		31,895		—
Federal funds purchased		10,887		10,887		—		10,887		—
FHLB advances		79,953		80,906		—		80,906		—
Accrued interest payable		640		640		640		—		—