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Note 12 - Disclosure of Financial Instruments Not Reported at Fair Value (Tables)
3 Months Ended
Mar. 31, 2021
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]

(in thousands)

 

Carrying

           

Fair Value Measurements Using:

 

March 31, 2021

 

amount

   

Fair value

   

Level 1

   

Level 2

   

Level 3

 
                                         

Assets

                                       

Cash and cash equivalents

  $ 332,981     $ 332,981     $ 332,981     $     $  

Mortgage loans held for sale

    6,579       6,726             6,726        

Federal Home Loan Bank stock

    10,228       10,228             10,228        

Loans, net

    3,584,442       3,618,075                   3,618,075  

Accrued interest receivable

    12,998       12,998       12,998              
                                         

Liabilities

                                       

Non-interest bearing deposits

  $ 1,370,183     $ 1,370,183     $ 1,370,183     $     $  

Transaction deposits

    2,462,072       2,462,072             2,462,072        

Time deposits

    367,707       370,126             370,126        

Securities sold under agreement to repurchase

    51,681       51,681             51,681        

Federal funds purchased

    8,642       8,642             8,642        

Federal Home Loan Bank advances

    24,180       24,792             24,792        

Accrued interest payable

    249       249       249              

(in thousands)

 

Carrying

           

Fair Value Measurements Using:

 

December 31, 2020

 

amount

   

Fair value

   

Level 1

   

Level 2

   

Level 3

 
                                         

Assets

                                       

Cash and cash equivalents

  $ 317,945     $ 317,945     $ 317,945     $     $  

Mortgage loans held for sale

    22,547       23,389             23,389        

Federal Home Loan Bank stock

    11,284       11,284             11,284        

Loans, net

    3,479,676       3,513,916                   3,513,916  

Accrued interest receivable

    13,094       13,094       13,094              
                                         

Liabilities

                                       

Non-interest bearing deposits

  $ 1,187,057     $ 1,187,057     $ 1,187,057     $     $  

Transaction deposits

    2,409,173       2,409,173             2,409,173        

Time deposits

    392,404       395,734             395,734        

Securities sold under agreement to repurchase

    47,979       47,979             47,979        

Federal funds purchased

    11,464       11,464             11,464        

Federal Home Loan Bank advances

    31,639       33,180             33,180        

Accrued interest payable

    391       391       391