v3.26.1
Note 9 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2026
Notes Tables  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
   

At March 31, 2026

 
   

Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2)

   

Significant Unobservable Inputs
(Level 3) (1)

 
   

(In thousands)

 

Debt securities available for sale:

                               

Agency residential MBS

  $ 177,308     $ -     $ 177,308     $ -  

Agency commercial MBS

    946,114       -       946,114       -  

Securities of U.S. Government sponsored entities

    298,502       -       298,502       -  

Obligations of states and political subdivisions

    45,422       -       45,422       -  

Corporate securities

    1,835,522       -       1,835,522       -  

Collateralized loan obligations

    293,987       -       293,987       -  

Total debt securities available for sale

    3,596,855       -       3,596,855       -  

Equity securities held for trading

    219       219       -       -  

Total securities measured at fair value

  $ 3,597,074     $ 219     $ 3,596,855     $ -  
   

At December 31, 2025

 
   

Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2)

   

Significant Unobservable Inputs
(Level 3) (1)

 
   

(In thousands)

 

Debt securities available for sale:

                               

Agency residential MBS

  $ 184,346     $ -     $ 184,346     $ -  

Agency commercial MBS

    707,560       -       707,560       -  

Securities of U.S. Government sponsored entities

    302,412       -       302,412       -  

Obligations of states and political subdivisions

    45,722       -       45,722       -  

Corporate securities

    1,804,080       -       1,804,080       -  

Collateralized loan obligations

    424,614       -       424,614       -  

Total debt securities available for sale

    3,468,734       -       3,468,734       -  

Equity securities held for trading

    466       466       -       -  

Total securities measured at fair value

  $ 3,469,200     $ 466     $ 3,468,734     $ -  
Fair Value Measurements, Nonrecurring [Table Text Block]
                                   

For the Three

 
                                   

Months Ended

 
   

At March31, 2026

   

March 31, 2026

 
   

Carrying Value

   

Level 1

   

Level 2

   

Level 3

   

Total Losses

 
   

(In thousands)

 

Loans:

                                       

Commercial

  $ 608     $ -     $ -     $ 608     $ -  

Total assets measured at fair value on a nonrecurring basis

  $ 608     $ -     $ -     $ 608     $ -  
                                   

For the

 
                                   

Year Ended

 
   

At December 31, 2025

   

December 31, 2025

 
   

Carrying Value

   

Level 1

   

Level 2

   

Level 3

   

Total Losses

 
   

(In thousands)

 

Loans:

                                       

Commercial

  $ 707     $ -     $ -     $ 707     $ -  

Total assets measured at fair value on a nonrecurring basis

  $ 707     $ -     $ -     $ 707     $ -  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

At March 31, 2026

 
   

Carrying Amount

   

Estimated Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2 )

   

Significant Unobservable Inputs
(Level 3 )

 

Financial Assets:

  (In thousands)  

Cash and due from banks

  $ 397,284     $ 397,284     $ 397,284     $ -     $ -  

Debt securities held to maturity

    799,558       784,304       -       784,304       -  

Loans

    685,053       683,792       -       -       683,792  
                                         

Financial Liabilities:

                                       

Deposits

  $ 4,783,752     $ 4,779,959     $ -     $ 4,718,809     $ 61,150  

Securities sold under repurchase agreements

    144,456       144,456       -       144,456       -  
   

At December 31, 2025

 
   

Carrying Amount

   

Estimated Fair Value

   

Quoted Prices in Active Markets for Identical Assets
(Level 1)

   

Significant Other Observable Inputs
(Level 2 )

   

Significant Unobservable Inputs
(Level 3 )

 

Financial Assets:

  (In thousands)  

Cash and due from banks

  $ 567,801     $ 567,801     $ 567,801     $ -     $ -  

Debt securities held to maturity

    819,574       812,580       -       812,580       -  

Loans

    714,909       716,439       -       -       716,439  
                                         

Financial Liabilities:

                                       

Deposits

  $ 4,840,019     $ 4,836,933     $ -     $ 4,772,998     $ 63,935  

Securities sold under repurchase agreements

    137,298       137,298       -       137,298       -