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Note 15 - Mortgage Banking Activities (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Disclosure of Long-Lived Assets Held-for-sale [Table Text Block]
  

Three months ended June 30,

  

Six months ended June 30,

 

(in thousands)

 

2022

  

2021

  

2022

  

2021

 

Balance, beginning of period:

 $9,323  $6,579  $8,614  $22,547 

Origination of mortgage loans held for sale

  43,814   50,692   79,643   119,431 

Loans held for sale acquired

  -   3,071   3,559   3,071 

Proceeds from the sale of mortgage loans held for sale

  (43,504)  (55,844)  (82,275)  (141,747)

Net gain on sale of mortgage loans held for sale

  412   922   504   2,118 

Balance, end of period

 $10,045  $5,420  $10,045  $5,420 
Interest and Other Income [Table Text Block]
  

Three months ended

  

Six months ended

 
  

June 30,

  

June 30,

 

(in thousands)

 

2022

  

2021

  

2022

  

2021

 
                 

Net gain realized on sale of mortgage loans held for sale

 $412  $922  $504  $2,118 

Net change in fair value recognized on loans held for sale

  70   -   43   - 

Net change in fair value recognized on rate lock loan commitments

  797   -   1,189   - 

Net change in fair value recognized on forward contracts

  (814)  -   (635)  - 

Net gain recognized

  465   922   1,101   2,118 
                 

Net loan servicing income

  1,215   333   1,917   588 

Amortization of mortgage servicing rights

  (856)  (174)  (1,337)  (426)

Change in mortgage servicing rights valuation allowance

  -   -   -   - 

Net servicing income recognized

  359   159   580   162 
                 

Other mortgage banking income

  471   222   617   467 

Total mortgage banking income

 $1,295  $1,303  $2,298  $2,747 
Changes in Carrying Amount of MSRs [Table Text Block]
  

Three months ended

  

Six months ended

 
  

June 30,

  

June 30,

 

(in thousands)

 

2022

  

2021

  

2022

  

2021

 

Balance at beginning of period

 $16,877  $2,865  $4,528  $2,710 

MSRs acquired

     1,662   12,676   1,662 

Additions for mortgage loans sold

  483   304   637   711 

Amortization

  (856)  (174)  (1,337)  (426)

Impairment

            
                 

Balance at end of period

 $16,504  $4,657  $16,504  $4,657 
Mortgage Loans Held for Sale and Mortgage Banking Derivatives [Table Text Block]
  

June 30, 2022

 

(in thousands)

 

Notional

Amount

  

Fair Value

 

Included in Mortgage loans held for sale:

        

Mortgage loans held for sale, at fair value

 $9,989  $10,045 
         

Included in other assets:

        

Rate lock loan commitments

 $17,951  $472 

Mandatory forward contracts

  18,459   44