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Note 15 - Mortgage Banking Activities (Tables)
3 Months Ended
Mar. 31, 2022
Notes Tables  
Disclosure of Long-Lived Assets Held-for-sale [Table Text Block]
  

Three months ended

 
  

March 31,

 

(in thousands)

 

2022

 

Balance, beginning of period:

 $8,614 

Origination of mortgage loans held for sale

  35,829 

Loans held for sale acquired

  3,559 

Proceeds from the sale of mortgage loans held for sale

  (38,771)

Net gain on sale of mortgage loans held for sale

  92 

Balance, end of period

  9,323 
Interest and Other Income [Table Text Block]
  

Three months ended

 
  

March 31,

 

(in thousands)

 

2022

  

2021

 
         

Net gain realized on sale of mortgage loans held for sale

 $92  $1,196 

Net change in fair value recognized on loans held for sale

  (27)  - 

Net change in fair value recognized on rate lock loan commitments

  392   - 

Net change in fair value recognized on forward contracts

  179   - 

Net gain recognized

  636   1,196 
         

Loan servicing income

  702   255 

Amortization of mortgage servicing rights

  (481)  (252)

Change in mortgage servicing rights valuation allowance

  -   - 

Net servicing income recognized

  221   3 
         

Other mortgage banking income

  146   245 

Total Mortgage banking income

 $1,003  $1,444 
Changes in Carrying Amount of MSRs [Table Text Block]
  

Three months ended

 
  

March 31,

 

(in thousands)

 

2022

  

2021

 

Balance at beginning of period

 $4,528  $2,710 

MSRs acquired

  12,676    

Additions for mortgage loans sold

  154   407 

Amortization

  (481)  (252)

Impairment

      

Balance at end of period

 $16,877  $2,865 
Mortgage Loans Held for Sale and Mortgage Banking Derivatives [Table Text Block]
  

March 31, 2022

 

(in thousands)

 

Notional

Amount

  

Fair Value

 

Included in Mortgage loans held for sale:

        

Mortgage loans held for sale, at fair value

 $9,202  $9,323 
         

Included in other assets:

        

Rate lock loan commitments

 $63,421  $702 

Mandatory forward contracts

  12,564   94