v3.25.2
Note 8 - Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Amounts Recognized in Other Comprehensive Income (Loss) [Table Text Block]
   

Three months ended

   

Six months ended

 
   

June 30,

   

June 30,

 
   

2025

   

2024

   

2025

   

2024

 
   

(in thousands)

   

(in thousands)

 
                                 

Available-for-sale securities:

                               

Change in fair value of available-for-sale securities

  $ (52 )   $     $ 21     $ (3 )

Reclassification adjustment for realized gains in net income

                       

Total

    (52 )           21       (3 )

Income tax benefit (expense)

    16             (4 )      

Net-of-tax amount

    (36 )           17       (3 )
                                 

Cash flow hedges:

                               

Change in fair value of cash flow hedges

  $ (788 )   $ 192     $ (1,833 )   $ 976  

Reclassification adjustment for cash flow hedge gains into net income

    (145 )     (227 )     (241 )     (378 )

Total

    (933 )     (35 )     (2,074 )     598  

Income expense benefit (expense)

    262       9       583       (168 )

Net-of-tax amount

    (671 )     (26 )     (1,491 )     430  
                                 

Other comprehensive (loss) income, net of tax

  $ (707 )   $ (26 )   $ (1,474 )   $ 427  
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
   

As of June 30, 2025

   

As of December 31, 2024

 
   

(in thousands)

 

Net unrealized holding loss on securities available-for-sale, net of tax

  $ (23 )   $ (40 )

Unrecognized SERP gain, net of tax

    70       70  

Unrecognized DFCP gain, net of tax

    75       75  

Fair value of cash flow hedges, net of tax

    (1,214 )     277  
                 

Accumulated other comprehensive (loss) income

  $ (1,092 )   $ 382