XML 58 R47.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Note 14 - Disclosure of Financial Instruments Not Reported at Fair Value (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

Carrying

           

Fair Value Measurements Using:

 

June 30, 2024 (in thousands)

 

amount

   

Fair value

   

Level 1

   

Level 2

   

Level 3

 
                                         

Assets

                                       

Cash and cash equivalents

  $ 204,351     $ 204,351     $ 204,351     $     $  

HTM debt securities

    380,726       347,886       150,183       197,703        

Federal Home Loan Bank stock

    31,462       31,462             31,462        

Loans, net

    5,988,808       5,763,994                   5,763,994  

Accrued interest receivable

    28,539       28,539       28,539              
                                         

Liabilities

                                       

Non-interest bearing deposits

  $ 1,482,514     $ 1,482,514     $ 1,482,514     $     $  

Transaction deposits

    4,029,917       4,029,917             4,029,917        

Time deposits

    1,056,807       1,051,053             1,051,053        

Securities sold under agreement to repurchase

    152,948       152,948             152,948        

Federal funds purchased

    10,029       10,029             10,029        

Subordinated debentures

    26,806       25,914             25,914        

FHLB advances

    400,000       393,347             393,347        

Accrued interest payable

    2,155       2,155       2,155              
   

Carrying

           

Fair Value Measurements Using:

 

December 31, 2023 (in thousands)

 

amount

   

Fair value

   

Level 1

   

Level 2

   

Level 3

 
                                         

Assets

                                       

Cash and cash equivalents

  $ 265,959     $ 265,959     $ 265,959     $     $  

HTM debt securities

    439,837       408,519       198,327       210,192        

Federal Home Loan Bank stock

    16,236       16,236             16,236        

Loans, net

    5,691,664       5,520,059                   5,520,059  

Accrued interest receivable

    26,830       26,830       26,830              
                                         

Liabilities

                                       

Non-interest bearing deposits

  $ 1,548,624     $ 1,548,624     $ 1,548,624     $     $  

Transaction deposits

    4,138,847       4,138,847             4,138,847        

Time deposits

    983,277       976,841             976,841        

Securities sold under agreement to repurchase

    152,991       152,991             152,991        

Federal funds purchased

    12,852       12,852             12,852        

Subordinated debentures

    26,740       26,746             26,746        

FHLB advances

    200,000       200,047             200,047        

Accrued interest payable

    2,094       2,094       2,094