XML 57 R47.htm IDEA: XBRL DOCUMENT v3.23.3
Note 14 - Disclosure of Financial Instruments Not Reported at Fair Value (Tables)
9 Months Ended
Sep. 30, 2023
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

Carrying

           

Fair Value Measurements Using:

 

September 30, 2023 (in thousands)

 

amount

   

Fair value

   

Level 1

   

Level 2

   

Level 3

 
                                         

Assets

                                       

Cash and cash equivalents

  $ 193,037     $ 193,037     $ 193,037     $     $  

HTM debt securities

    445,205       397,418             397,418        

Federal Home Loan Bank stock

    26,241       26,241             26,241        

Loans, net

    5,539,009       5,263,127                   5,263,127  

Accrued interest receivable

    23,777       23,777       23,777              
                                         

Liabilities

                                       

Non-interest bearing deposits

  $ 1,714,918     $ 1,714,918     $ 1,714,918     $     $  

Transaction deposits

    3,824,732       3,824,732             3,824,732        

Time deposits

    863,157       852,693             852,693        

Securities sold under agreement to repurchase

    113,894       113,894             113,894        

Federal funds purchased

    11,518       11,518             11,518        

Subordinated debentures

    26,641       25,988             25,988        

FHLB advances

    350,000       345,101             345,101        

Accrued interest payable

    1,836       1,836       1,836              
   

Carrying

           

Fair Value Measurements Using:

 

December 31, 2022 (in thousands)

 

amount

   

Fair value

   

Level 1

   

Level 2

   

Level 3

 
                                         

Assets

                                       

Cash and cash equivalents

  $ 167,367     $ 167,367     $ 167,367     $     $  

HTM debt securities

    473,217       431,833             431,833        

Federal Home Loan Bank stock

    10,928       10,928             10,928        

Loans, net

    5,132,387       4,914,770                   4,914,770  

Accrued interest receivable

    22,157       22,157       22,157              
                                         

Liabilities

                                       

Non-interest bearing deposits

  $ 1,950,198     $ 1,950,198     $ 1,950,198     $     $  

Transaction deposits

    3,968,963       3,968,963             3,968,963        

Time deposits

    472,091       459,467             459,467        

Securities sold under agreement to repurchase

    133,342       133,342             133,342        

Federal funds purchased

    8,789       8,789             8,789        

Subordinated debentures

    26,343       26,460             26,460        

FHLB advances

    50,000       50,000             50,000        

Accrued interest payable

    660       660       660