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

9 Months Ended

Sep. 30, 2020

Notes Tables

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

	Fair Value Measurements Using						Total
September 30, 2020 (in thousands)	Level 1		Level 2		Level 3		Fair Value
Assets:
Available for sale debt securities:
Government sponsored enterprise obligations	$	—	$	141,881	$	—	$	141,881
Mortgage backed securities - government agencies		—		279,452		—		279,452
Obligations of states and political subdivisions		—		7,851		—		7,851
Total available for sale debt securities		—		429,184		—		429,184
Interest rate swaps		—		9,433		—		9,433
Total assets	$	—	$	438,617	$	—	$	438,617
Liabilities:
Interest rate swaps	$	—	$	9,708	$	—	$	9,708

	Fair Value Measurements Using						Total
December 31, 2019 (in thousands)	Level 1		Level 2		Level 3		Fair Value
Assets:
Available for sale debt securities:
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 available for sale debt securities		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		Nine months
	Fair Value Measurements Using						Total		ended		ended
September 30, 2020 (in thousands)	Level 1		Level 2		Level 3		Fair Value		September 30, 2020		September 30, 2020
Collateral dependent loans	$	—	$	—	$	8,278	$	8,278	$	—	$	—
Other real estate owned		—		—		612		612		—		—

									Losses recorded
									Three months		Nine months
	Fair Value Measurements Using						Total		ended		ended
December 31, 2019 (in thousands)	Level 1		Level 2		Level 3		Fair Value		September 30, 2019		September 30, 2019
Impaired loans	$	—	$	—	$	7,253	$	7,253	$	—	$	—
Other real estate owned		—		—		493		493		—		—

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

	September 30, 2020
(dollars in thousands)	Fair Value		Valuation Technique	Unobservable Inputs	Weighted Average
Collateral dependent loans	$	8,278	Appraisal	Appraisal discounts		7.2	%
Other real estate owned		612	Appraisal	Appraisal discounts		23.4

	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
September 30, 2020	amount		Fair value		Level 1		Level 2		Level 3
Assets
Cash and cash equivalents	$	291,003	$	291,003	$	291,003	$	—	$	—
Mortgage loans held for sale		23,611		24,299		—		24,299		—
Federal Home Loan Bank stock		11,284		11,284		—		11,284		—
Loans, net		3,421,980		3,463,411		—		—		3,463,411
Accrued interest receivable		13,782		13,782		13,782		—		—
Liabilities
Non-interest bearing deposits	$	1,180,001	$	1,180,001	$	—	$	1,180,001	$	—
Transaction deposits		2,176,840		2,176,840		—		2,176,840		—
Time deposits		397,677		402,093		—		402,093		—
Securities sold under agreement to repurchase		40,430		40,430		—		40,430		—
Federal funds purchased		9,179		9,179		—		9,179		—
Federal Home Loan Bank advances		56,536		58,095		—		58,095		—
Accrued interest payable		325		325		325		—		—

(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		—
Federal Home Loan Bank advances		79,953		80,906		—		80,906		—
Accrued interest payable		640		640		640		—		—