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Note 22 - Fair Value of Assets and Liabilities (Tables)
9 Months Ended
Sep. 30, 2025
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

September 30, 2025

 

(dollars in thousands)

 

Level 1

  

Level 2

  

Level 3

  

Total

 

Trading

 $1,411  $  $  $1,411 

Available-for-sale

                

U.S. treasury and government agencies

    

446

     

446

 

Mortgage backed securities

                

Residential agency

    

479,837

     

479,837

 

Commercial

    

1,279

     

1,279

 

Asset backed securities

    

16

     

16

 

Corporate bonds

    

49,436

     

49,436

 

Total available-for-sale investment securities

 $  $531,014  $  $531,014 

Servicing rights

 $  $  $6,708  $6,708 

Other assets

                

Derivatives

 $  $11,097  $  $11,097 

Other liabilities

                

Derivatives

 $  $10,825  $  $10,825 
  

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 
Fair Value Measurements, Nonrecurring [Table Text Block]
   

September 30, 2025

 

(dollars in thousands)

 

Level 1

   

Level 2

   

Level 3

   

Total

 

Collateral dependent loans

                26,492       26,492  

Foreclosed assets

                467       467  
   

December 31, 2024

 

(dollars in thousands)

 

Level 1

   

Level 2

   

Level 3

   

Total

 

Collateral dependent loans

  $     $     $ 34,088     $ 34,088  
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]
       

September 30, 2025

 

(dollars in thousands)

                     

Weighted

 

Asset Type

Valuation Technique

Unobservable Input

 

Fair Value

   

Range

   

Average

 

Individually evaluated

Appraisal value

Property specific adjustment

    26,492       10 - 35 %     34.7 %

Foreclosed assets

Appraisal value

Property specific adjustment

    467       10.0 %     10.0 %

Servicing rights

Discounted cash flows

Prepayment speed assumptions

    6,708       121 - 656       223  
   

Discount rate

            10.3 %     10.3 %
       

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

September 30, 2025

 
   

Carrying

   

Estimated Fair Value

 

(dollars in thousands)

 

Amount

   

Level 1

   

Level 2

   

Level 3

   

Total

 

Financial Assets

                                       

Cash and cash equivalents

  $ 92,043     $ 92,043     $     $     $ 92,043  

Investment securities held-to-maturity

    259,225             230,597             230,597  

Loans, net

    4,039,948                   4,039,948       4,039,948  

Accrued interest receivable

    21,602       21,602                   21,602  

Bank-owned life insurance

    38,997             38,997             38,997  

Servicing rights

    6,708                   6,708       6,708  

Financial Liabilities

                                       

Noninterest-bearing deposits

  $ 776,791     $     $ 776,791     $     $ 776,791  

Interest-bearing deposits

    2,890,806             2,890,806             2,890,806  

Time deposits

    745,056             663,919             663,919  

Short-term borrowings

    200,000       200,000                   200,000  

Long-term debt

    59,154             59,379             59,379  

Accrued interest payable

    10,020       10,020                   10,020  
   

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