v3.25.1
Note 7 - Loan Servicing (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Servicing Assets at Fair Value [Table Text Block]
  

Three months ended

 
  

March 31,

 

(dollars in thousands)

 

2025

 

Balance at beginning of period

 $7,918 

Additions from loans sold with servicing rights retained

  54 

Change in fair value

  (621)

Balance at end of period

 $7,351 
Servicing Asset at Amortized Cost [Table Text Block]
  Three months ended, 
  March 31, 

(dollars in thousands)

 

2024

 

Servicing Assets:

    

Balance at beginning of period

 $2,052 

Additions, net of valuation reserve (1)

  300 

Amortization (2)

  (91)

Balance at end of period

  2,261 

Less valuation reserve (3)

  (296)

Balance at end of period, net of valuation reserve

 $1,965 

Fair value, beginning of period

 $2,314 

Fair value, end of period

 $2,062 
Schedule of Assumptions for Fair Value as of Balance Sheet Date of Assets or Liabilities that relate to Transferor's Continuing Involvement [Table Text Block]
  

March 31,

  

December 31,

 

(dollars in thousands)

 

2025

  

2024

 

Fair value of servicing rights

 $7,351  $7,918 

Weighted-average remaining term, years

  21.9   22.0 

Prepayment speeds

  11.5%  9.9%

Discount rate

  10.5%  10.5%