Note 8 - Deposits and Borrowed Funds

3 Months Ended

Mar. 31, 2026

Deposits and Borrowed Funds [Text Block]

Note 8: Deposits and Borrowed Funds

The following table provides additional detail regarding deposits.

	Deposits
	At March 31,		At December 31,
	2026		2025
	(In thousands)
Noninterest-bearing	$	2,135,925	$	2,252,490
Interest-bearing:
Transaction		939,285		907,124
Savings		1,643,599		1,613,384
Time deposits less than $100 thousand		39,031		39,845
Time deposits $100 thousand through $250 thousand		18,736		19,708
Time deposits more than $250 thousand		7,176		7,468
Total deposits	$	4,783,752	$	4,840,019

Demand deposit overdrafts of $735 thousand and $769 thousand were included as loan balances at March 31, 2026 and December 31, 2025, respectively. Interest expense for aggregate time deposits with individual account balances in excess of $100 thousand was $11 thousand in the three months ended March 31, 2026 and $17 thousand in the three months ended March 31, 2025.

The following table provides additional detail regarding short-term borrowed funds.

	Repurchase Agreements (Sweep) Accounted for as Secured Borrowings
	Remaining Contractual Maturity of the Agreements
	Overnight and Continuous
	At March 31,		At December 31,
	2026		2025
Repurchase agreements:	(In thousands)
Collateral securing borrowings:
Agency residential MBS	$	16,757	$	17,799
Corporate securities		395,694		398,465
Total collateral carrying value	$	412,451	$	416,264
Total short-term borrowed funds	$	144,456	$	137,298

At March 31, 2026, the Company had access to borrowing from the Federal Reserve up to $765,854 thousand based on the collateral pledged at March 31, 2026. The Company had a $60,000 thousand line of credit with a correspondent bank at March 31, 2026. There were no borrowings from the Federal Reserve Bank or correspondent banks at March 31, 2026.