Note 16 - Mortgage Banking Activities (Tables)

3 Months Ended

Mar. 31, 2023

Notes Tables

Disclosure of Long-Lived Assets Held-for-Sale [Table Text Block]

	Three months ended
	March 31,
(in thousands)	2023			2022
Balance, beginning of period:	$	2,606		$	8,614
Origination of mortgage loans held for sale		24,683			35,829
Loans held for sale acquired		—			3,559
Proceeds from the sale of mortgage loans held for sale		(21,107	)		(38,771	)
Net gain on sale of mortgage loans held for sale		215			92
Balance, end of period	$	6,397		$	9,323

Interest and Other Income [Table Text Block]

	Three months ended
	March 31,
(in thousands)	2023			2022
Net gain realized on sale of mortgage loans held for sale	$	215		$	92
Net change in fair value recognized on loans held for sale		50			(27	)
Net change in fair value recognized on rate lock loan commitments		330			392
Net change in fair value recognized on forward contracts		(47	)		179
Net gain recognized		548			636
Net loan servicing income		1,188			702
Amortization of mortgage servicing rights		(761	)		(481	)
Change in mortgage servicing rights valuation allowance		-			-
Net servicing income recognized		427			221
Other mortgage banking income		63			146
Total mortgage banking income	$	1,038		$	1,003

Changes in Carrying Amount of MSRs [Table Text Block]

	Three months ended
	March 31,
(in thousands)	2023			2022
Balance at beginning of period	$	15,219		$	4,528
MSRs acquired		—			12,676
Additions for mortgage loans sold		165			154
Amortization		(761	)		(481	)
Impairment		—			—
Balance at end of period	$	14,623		$	16,877

Mortgage Loans Held for Sale and Mortgage Banking Derivatives [Table Text Block]

	March 31, 2023					December 31, 2022
(in thousands)	Notional Amount		Fair Value			Notional Amount		Fair Value
Included in Mortgage loans held for sale:
Mortgage loans held for sale, at fair value	$	6,289	$	6,397		$	2,548	$	2,606
Included in other assets:
Rate lock loan commitments	$	12,861	$	468		$	5,599	$	137
Mandatory forward contracts		13,841		(71	)		6,581		47