Note 24 - Mortgage Banking Activities (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

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

Years ended December 31, (in thousands)	2023			2022			2021
Balance, beginning of period:	$	2,606		$	8,614		$	22,547
Origination of mortgage loans held for sale		105,912			129,193			157,304
Loans held for sale acquired		—			3,559			3,071
Proceeds from the sale of mortgage loans held for sale		(104,152	)		(139,281	)		(177,910	)
Net gain on sale of mortgage loans held for sale		1,690			521			3,602
Balance, end of period	$	6,056		$	2,606		$	8,614

Interest and Other Income [Table Text Block]

Years ended December 31, (in thousands)	2023			2022			2021
Net gain realized on sale of mortgage loans held for sale	$	1,690		$	521		$	3,602
Net change in fair value recognized on loans held for sale		33			-			-
Net change in fair value recognized on rate lock loan commitments		23			1,821			-
Net change in fair value recognized on forward contracts		150			(1,102	)		-
Net gain recognized		1,896			1,240			3,602
Net loan servicing income		4,387			4,200			1,448
Amortization of mortgage servicing rights		(2,961	)		(3,072	)		(1,092	)
Change in mortgage servicing rights valuation allowance		-			-			-
Net servicing income recognized		1,426			1,128			356
Other mortgage banking income		383			842			766
Total mortgage banking income	$	3,705		$	3,210		$	4,724

Changes in Carrying Amount of MSRs [Table Text Block]

Years ended December 31, (in thousands)	2023			2022			2021
Balance, beginning of period	$	15,219		$	4,528		$	2,710
Added from acquisition		—			12,676			1,662
Additions for mortgage loans sold		824			1,087			1,248
Amortization		(2,961	)		(3,072	)		(1,092	)
Impairment		—			—			—
Balance, end of period	$	13,082		$	15,219		$	4,528

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

	December 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	$	5,965	$	6,056		$	2,548	$	2,606
Included in other assets:
Rate lock loan commitments	$	4,345	$	174		$	5,599	$	137
Mandatory forward contracts		–		–			6,581		47
Included in other liabilities:
Mandatory forward contracts	$	6,750	$	(43	)	$	–	$	–