Note 2 - Investment Securities (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
|---|
| Notes Tables |
|
| Schedule of Available-for-Sale Securities Reconciliation [Table Text Block] |
|
(in thousands)
|
|
Amortized
|
|
|
Unrealized
|
|
|
Fair
|
|
| June 30, 2025 |
|
cost |
|
|
Gains
|
|
|
Losses
|
|
|
value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
248,012 |
|
|
$ |
- |
|
|
$ |
(8 |
) |
|
$ |
248,004 |
|
|
Government sponsored enterprise obligations
|
|
|
82,169 |
|
|
|
119 |
|
|
|
(3,240 |
) |
|
|
79,048 |
|
|
Mortgage backed securities
|
|
|
655,139 |
|
|
|
29 |
|
|
|
(82,977 |
) |
|
|
572,191 |
|
|
Obligations of states and political subdivisions
|
|
|
125,223 |
|
|
|
3 |
|
|
|
(12,172 |
) |
|
|
113,054 |
|
|
Other
|
|
|
1,623 |
|
|
|
- |
|
|
|
(58 |
) |
|
|
1,565 |
|
|
Total available for sale debt securities
|
|
$ |
1,112,166 |
|
|
$ |
151 |
|
|
$ |
(98,455 |
) |
|
$ |
1,013,862 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
198,182 |
|
|
$ |
33 |
|
|
$ |
- |
|
|
$ |
198,215 |
|
|
Government sponsored enterprise obligations
|
|
|
88,895 |
|
|
|
110 |
|
|
|
(4,847 |
) |
|
|
84,158 |
|
|
Mortgage backed securities
|
|
|
696,767 |
|
|
|
- |
|
|
|
(105,790 |
) |
|
|
590,977 |
|
|
Obligations of states and political subdivisions
|
|
|
128,431 |
|
|
|
1 |
|
|
|
(14,198 |
) |
|
|
114,234 |
|
|
Other
|
|
|
2,686 |
|
|
|
- |
|
|
|
(156 |
) |
|
|
2,530 |
|
|
Total available for sale debt securities
|
|
$ |
1,114,961 |
|
|
$ |
144 |
|
|
$ |
(124,991 |
) |
|
$ |
990,114 |
|
|
| Debt Securities, Held-to-Maturity [Table Text Block] |
|
(in thousands)
|
|
Carrying
|
|
|
Unrecognized
|
|
|
Fair
|
|
| June 30, 2025 |
|
value |
|
|
Gains
|
|
|
Losses
|
|
|
value |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
1,985 |
|
|
$ |
- |
|
|
$ |
(40 |
) |
|
$ |
1,945 |
|
|
Government sponsored enterprise obligations
|
|
|
23,380 |
|
|
|
- |
|
|
|
(1,303 |
) |
|
|
22,077 |
|
|
Mortgage backed securities
|
|
|
182,615 |
|
|
|
3 |
|
|
|
(19,369 |
) |
|
|
163,249 |
|
|
Total held to maturity debt securities
|
|
$ |
207,980 |
|
|
$ |
3 |
|
|
$ |
(20,712 |
) |
|
$ |
187,271 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
153,850 |
|
|
$ |
- |
|
|
$ |
(741 |
) |
|
$ |
153,109 |
|
|
Government sponsored enterprise obligations
|
|
|
25,395 |
|
|
|
- |
|
|
|
(2,034 |
) |
|
|
23,361 |
|
|
Mortgage backed securities
|
|
|
190,926 |
|
|
|
2 |
|
|
|
(26,041 |
) |
|
|
164,887 |
|
|
Total held to maturity debt securities
|
|
$ |
370,171 |
|
|
$ |
2 |
|
|
$ |
(28,816 |
) |
|
$ |
341,357 |
|
|
| Investments Classified by Contractual Maturity Date [Table Text Block] |
| |
|
AFS Debt Securities
|
|
|
HTM Debt Securities
|
|
|
(in thousands)
|
|
Amortized cost
|
|
|
Fair value
|
|
|
Carrying value
|
|
|
Fair value
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Due within one year
|
|
$ |
257,665 |
|
|
$ |
257,556 |
|
|
$ |
24,863 |
|
|
$ |
23,530 |
|
|
Due after one year but within five years
|
|
|
33,170 |
|
|
|
31,969 |
|
|
|
- |
|
|
|
- |
|
|
Due after five years but within 10 years
|
|
|
92,360 |
|
|
|
82,127 |
|
|
|
- |
|
|
|
- |
|
|
Due after 10 years
|
|
|
73,832 |
|
|
|
70,019 |
|
|
|
502 |
|
|
|
492 |
|
|
Mortgage backed securities
|
|
|
655,139 |
|
|
|
572,191 |
|
|
|
182,615 |
|
|
|
163,249 |
|
|
Total
|
|
$ |
1,112,166 |
|
|
$ |
1,013,862 |
|
|
$ |
207,980 |
|
|
$ |
187,271 |
|
|
| Schedule of Unrealized Losses on Securities [Table Text Block] |
| |
|
AFS Debt Securities
|
|
| |
|
Less than 12 months
|
|
|
12 months or more
|
|
|
Total
|
|
|
(in thousands)
|
|
Fair
|
|
|
Unrealized
|
|
|
Fair
|
|
|
Unrealized
|
|
|
Fair
|
|
|
Unrealized
|
|
|
June 30, 2025
|
|
value
|
|
|
losses
|
|
|
value
|
|
|
losses
|
|
|
value
|
|
|
losses
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
248,004 |
|
|
$ |
(8 |
) |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
248,004 |
|
|
$ |
(8 |
) |
|
Government sponsored enterprise obligations
|
|
|
5,606 |
|
|
|
(26 |
) |
|
|
69,341 |
|
|
|
(3,214 |
) |
|
|
74,947 |
|
|
|
(3,240 |
) |
|
Mortgage-backed securities
|
|
|
15,277 |
|
|
|
(134 |
) |
|
|
550,235 |
|
|
|
(82,843 |
) |
|
|
565,512 |
|
|
|
(82,977 |
) |
|
Obligations of states and political subdivisions
|
|
|
4,683 |
|
|
|
(53 |
) |
|
|
97,939 |
|
|
|
(12,119 |
) |
|
|
102,622 |
|
|
|
(12,172 |
) |
|
Other
|
|
|
- |
|
|
|
- |
|
|
|
1,565 |
|
|
|
(58 |
) |
|
|
1,565 |
|
|
|
(58 |
) |
|
Total AFS debt securities
|
|
$ |
273,570 |
|
|
$ |
(221 |
) |
|
$ |
719,080 |
|
|
$ |
(98,234 |
) |
|
$ |
992,650 |
|
|
$ |
(98,455 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Government sponsored enterprise obligations
|
|
$ |
5,801 |
|
|
$ |
(49 |
) |
|
$ |
74,478 |
|
|
$ |
(4,798 |
) |
|
$ |
80,279 |
|
|
$ |
(4,847 |
) |
|
Mortgage-backed securities
|
|
|
23,159 |
|
|
|
(579 |
) |
|
|
567,818 |
|
|
|
(105,211 |
) |
|
|
590,977 |
|
|
|
(105,790 |
) |
|
Obligations of states and political subdivisions
|
|
|
9,181 |
|
|
|
(164 |
) |
|
|
101,407 |
|
|
|
(14,034 |
) |
|
|
110,588 |
|
|
|
(14,198 |
) |
|
Other
|
|
|
- |
|
|
|
- |
|
|
|
2,530 |
|
|
|
(156 |
) |
|
|
2,530 |
|
|
|
(156 |
) |
|
Total AFS debt securities
|
|
$ |
38,141 |
|
|
$ |
(792 |
) |
|
$ |
746,233 |
|
|
$ |
(124,199 |
) |
|
$ |
784,374 |
|
|
$ |
(124,991 |
) |
| |
|
HTM Debt Securities
|
|
| |
|
Less than 12 months
|
|
|
12 months or more
|
|
|
Total
|
|
|
(in thousands)
|
|
Fair
|
|
|
Unrecognized
|
|
|
Fair
|
|
|
Unrecognized
|
|
|
Fair
|
|
|
Unrecognized
|
|
|
June 30, 2025
|
|
value
|
|
|
losses
|
|
|
value
|
|
|
losses
|
|
|
value
|
|
|
losses
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
1,946 |
|
|
$ |
(40 |
) |
|
$ |
1,946 |
|
|
$ |
(40 |
) |
|
Government sponsored enterprise obligations
|
|
|
339 |
|
|
|
(4 |
) |
|
|
21,729 |
|
|
|
(1,299 |
) |
|
|
22,068 |
|
|
|
(1,303 |
) |
|
Mortgage-backed securities
|
|
|
12 |
|
|
|
- |
|
|
|
162,779 |
|
|
|
(19,369 |
) |
|
|
162,791 |
|
|
|
(19,369 |
) |
|
Total HTM debt securities
|
|
$ |
351 |
|
|
$ |
(4 |
) |
|
$ |
186,454 |
|
|
$ |
(20,708 |
) |
|
$ |
186,805 |
|
|
$ |
(20,712 |
) |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, 2024
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
U.S. Treasury and other U.S. Government obligations
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
153,109 |
|
|
$ |
(741 |
) |
|
$ |
153,109 |
|
|
$ |
(741 |
) |
|
Government sponsored enterprise obligations
|
|
|
396 |
|
|
|
(6 |
) |
|
|
22,965 |
|
|
|
(2,028 |
) |
|
|
23,361 |
|
|
|
(2,034 |
) |
|
Mortgage-backed securities
|
|
|
- |
|
|
|
- |
|
|
|
164,724 |
|
|
|
(26,041 |
) |
|
|
164,724 |
|
|
|
(26,041 |
) |
|
Total HTM debt securities
|
|
$ |
396 |
|
|
$ |
(6 |
) |
|
$ |
340,798 |
|
|
$ |
(28,810 |
) |
|
$ |
341,194 |
|
|
$ |
(28,816 |
) |
|