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Note 29 - Fair Value of Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		*December 31, 2024*
(dollars in thousands)		*Level 1*				*Level 2*				*Level 3*				*Total*
Trading		$	3,309			$	—			$	—			$	3,309
Available-for-sale
U.S. treasury and government agencies			—			30,707					—			30,707
Mortgage backed securities
Residential agency			—			503,706					—			503,706
Commercial			—			1,251					—			1,251
Asset backed securities			—			19					—			19
Corporate bonds			—			52,370					—			52,370
Total available-for-sale investment securities		$	—			$	588,053			$	—			$	588,053
Servicing rights		$	—			$	—			$	7,918			$	7,918
Other assets
Derivatives		$	—			$	9,105			$	—			$	9,105
Other liabilities
Derivatives		$	—			$	8,600			$	—			$	8,600

		*December 31, 2023*
(dollars in thousands)		*Level 1*				*Level 2*				*Level 3*				*Total*
Available-for-sale
U.S. treasury and government agencies		$	—			$	1,120			$	—			$	1,120
Mortgage backed securities
Residential agency			—				435,594				—				435,594
Commercial			—				1,353				—				1,353
Asset backed securities			—				25				—				25
Corporate bonds			—				48,644				—				48,644
Total available-for-sale investment securities		$	—			$	486,736			$	—			$	486,736
Other assets
Derivatives		$	—			$	8,512			$	—			$	8,512
Other liabilities
Derivatives		$	—			$	9,180			$	—			$	9,180

Fair Value Measurements, Nonrecurring [Table Text Block]

		*December 31, 2024*
(dollars in thousands)		*Level 1*				*Level 2*				*Level 3*				*Total*
Collateral dependent loans		$	—			$	—			$	34,088			$	34,088

		*December 31, 2023*
(dollars in thousands)		*Level 1*				*Level 2*				*Level 3*				*Total*
Collateral dependent loans		$	—			$	—			$	3,998			$	3,998
Foreclosed assets			—				—				32				32
Servicing rights			—				—				2,062				2,062

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

				*December 31, 2024*
(dollars in thousands)												*Weighted*
Asset Type	*Valuation Technique*	*Unobservable Input*		*Fair Value*				*Range*				*Average*
Individually evaluated	Appraisal value	Property specific adjustment		$	34,088				10 - 35	%			28.9	%
Servicing rights	Discounted cash flows	Prepayment speed assumptions			7,918				103 - 495				165
		Discount rate							10.5	%			10.5	%

				*December 31, 2023*
(dollars in thousands)												*Weighted*
Asset Type	*Valuation Technique*	*Unobservable Input*		*Fair Value*				*Range*				*Average*
Individually evaluated	Appraisal value	Property specific adjustment		$	3,998				10.0	%			10.0	%
Foreclosed assets	Appraisal value	Property specific adjustment ⁽¹⁾			32				N/A				N/A
Servicing rights	Discounted cash flows	Prepayment speed assumptions			2,062				85 - 151				104
		Discount rate							11.1	%			11.1	%

Fair Value, by Balance Sheet Grouping [Table Text Block]

		*December 31, 2024*
		*Carrying*				*Estimated Fair Value*
(dollars in thousands)		*Amount*				*Level 1*				*Level 2*				*Level 3*				*Total*
Financial Assets
Cash and cash equivalents		$	61,239			$	61,239			$	—			$	—			$	61,239
Investment securities held-to-maturity			275,585				—				236,986				—				236,986
Loans, net			3,932,605				—				—				3,872,186				3,872,186
Accrued interest receivable			20,075				20,075				—				—				20,075
Bank-owned life insurance			36,033				—				36,033				—				36,033
Servicing rights			7,918				—				—				7,918				7,918
Financial Liabilities
Noninterest-bearing deposits		$	903,466			$	—			$	903,466			$	—			$	903,466
Interest-bearing deposits			2,767,979				—				2,767,979				—				2,767,979
Time deposits			706,965				—				696,976				—				696,976
Short-term borrowings			238,960				238,960				—				—				238,960
Long-term debt			59,069				—				59,078				—				59,078
Accrued interest payable			11,343				11,343				—				—				11,343

		*December 31, 2023*
		*Carrying*				*Estimated Fair Value*
(dollars in thousands)		*Amount*				*Level 1*				*Level 2*				*Level 3*				*Total*
Financial Assets
Cash and cash equivalents		$	129,893			$	129,893			$	—			$	—			$	129,893
Investment securities held-to-maturity			299,728				—				258,617				—				258,617
Loans, net			2,723,740				—				—				2,590,535				2,590,535
Accrued interest receivable			15,700				15,700				—				—				15,700
Bank-owned life insurance			33,236				—				33,236				—				33,236
Financial Liabilities
Noninterest-bearing deposits		$	728,082			$	—			$	728,082			$	—			$	728,082
Interest-bearing deposits			1,955,967				—				1,955,967				—				1,955,967
Time deposits			411,562				—				408,910				—				408,910
Short-term borrowings			314,170				314,170				—				—				314,170
Long-term debt			58,956				—				57,437				—				57,437
Accrued interest payable			6,826				6,826				—				—				6,826