Note 15 - Mortgage Banking Activities (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

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

	Three months ended						Nine months ended
	September 30,						September 30,
(in thousands)	2024			2023			2024			2023
Balance, beginning of period:	$	6,438		$	7,069		$	6,056		$	2,606
Origination of mortgage loans held for sale		27,278			30,775			78,742			86,100
Proceeds from the sale of mortgage loans held for sale		(29,737	)		(31,814	)		(81,844	)		(83,422	)
Net gain realized on sale of mortgage loans held for sale		843			505			1,868			1,251
Balance, end of period	$	4,822		$	6,535		$	4,822		$	6,535

Interest and Other Income [Table Text Block]

	Three months ended						Nine months ended
	September 30,						September 30,
(in thousands)	2024			2023			2024			2023
Net gain realized on sale of mortgage loans held for sale	$	843		$	505		$	1,868		$	1,251
Net change in fair value recognized on loans held for sale		30			(81	)		61			(65	)
Net change in fair value recognized on rate lock loan commitments		37			(186	)		185			40
Net change in fair value recognized on forward contracts		(218	)		214			(109	)		340
Net gain recognized		692			452			2,005			1,566
Net loan servicing income		827			1,031			2,605			3,338
Amortization of mortgage servicing rights		(536	)		(822	)		(1,856	)		(2,345	)
Change in mortgage servicing rights valuation allowance		-			-			-			-
Net servicing income recognized		291			209			749			993
Other mortgage banking income		129			153			323			323
Total mortgage banking income	$	1,112		$	814		$	3,077		$	2,882

Changes in Carrying Amount of MSRs [Table Text Block]

	Three months ended						Nine months ended
	September 30,						September 30,
(in thousands)	2024			2023			2024			2023
Balance, beginning of period	$	12,197		$	14,116		$	13,082		$	15,219
Additions for mortgage loans sold		247			264			682			684
Amortization		(536	)		(822	)		(1,856	)		(2,345	)
Impairment		—			—			—			—
Balance, end of period	$	11,908		$	13,558		$	11,908		$	13,558

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

	September 30, 2024				December 31, 2023
(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	$	4,671	$	4,822	$	5,965	$	6,056
Included in other assets:
Rate lock loan commitments	$	10,545	$	377	$	4,345	$	174
Mandatory forward contracts		13,500		7		-		-
Included in other liabilities
Mandatory forward contracts	$	-	$	-	$	6,750	$	(43	)