Note 6 - Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

Fair Value, Assets Measured on Recurring Basis [Table Text Block]

		Fair Value Measurements Using:
						Quoted Prices				Significant
						in Active				Other				Significant
						Markets for				Observable				Unobservable
						Identical Assets				Inputs				Inputs
(in thousands)		Total				(Level 1)				(Level 2)				(Level 3)
March 31, 2025:
Financial Assets:
Available-for-Sale Securities:
State and municipals		$	133,559			$	—			$	133,443			$	116
Pass-through mortgage securities			131,195				—				131,195				—
Collateralized mortgage obligations			141,287				—				141,287				—
SBA agency obligations			94,444				—				94,444				—
Corporate bonds			114,865				—				114,865				—
			615,350				—				615,234				116
Derivative - interest rate swaps			873				—				873				—
		$	616,223			$	—			$	616,107			$	116

Financial Liabilities:
Derivative - interest rate swaps		$	574			$	—			$	574			$	—

December 31, 2024:
Financial Assets:
Available-for-Sale Securities:
State and municipals		$	135,543			$	—			$	135,407			$	136
Pass-through mortgage securities			129,440				—				129,440				—
Collateralized mortgage obligations			145,059				—				145,059				—
SBA agency obligations			101,427				—				101,427				—
Corporate bonds			113,310				—				113,310				—
			624,779				—				624,643				136
Derivative - interest rate swaps			1,274				—				1,274				—
		$	626,053			$	—			$	625,917			$	136

Financial Liabilities:
Derivative - interest rate swaps		$	395			$	—			$	395			$	—

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

						Fair Value Measurements Using:
										Quoted Prices				Significant
										in Active				Other				Significant
										Markets for				Observable				Unobservable
		Carrying				Fair				Identical Assets				Inputs				Inputs
(in thousands)		Amount				Value				(Level 1)				(Level 2)				(Level 3)
March 31, 2025:
Financial Assets:
Cash and cash equivalents		$	67,555			$	67,555			$	67,555			$	—			$	—
Loans, net			3,135,626				2,900,997				—				—				2,900,997
Restricted stock			24,329				n/a				n/a				n/a				n/a
Accrued interest receivable			13,303				13,303				—				2,514				10,789

Financial Liabilities:
Checking deposits			1,072,766				1,072,766				1,072,766				—				—
Savings, NOW and money market deposits			1,587,030				1,587,030				1,587,030				—				—
Time deposits			635,789				634,364				—				634,364				—
Overnight advances			—				—				—				—				—
Other borrowings			360,000				360,382				—				360,382				—
Accrued interest payable			5,810				5,810				—				5,810				—

December 31, 2024:
Financial Assets:
Cash and cash equivalents		$	38,330			$	38,330			$	38,330			$	—			$	—
Loans, net			3,193,276				2,947,587				—				—				2,947,587
Restricted stock			27,712				n/a				n/a				n/a				n/a
Accrued interest receivable			13,407				13,407				—				2,701				10,706

Financial Liabilities:
Checking deposits			1,074,671				1,074,671				1,074,671				—				—
Savings, NOW and money market deposits			1,574,160				1,574,160				1,574,160				—				—
Time deposits			616,027				614,245				—				614,245				—
Overnight advances			—				—				—				—				—
Other borrowings			435,000				434,492				—				434,492				—
Accrued interest payable			7,672				7,672				—				7,672				—