Note 8 - Deposits and Borrowed Funds

6 Months Ended

Jun. 30, 2026

Deposits and Borrowed Funds [Text Block]

Note 8: Deposits and Borrowed Funds

The following table provides additional detail regarding deposits.

	Deposits
	At June 30,		At December 31,
	2026		2025
	(In thousands)
Noninterest-bearing	$	2,141,783	$	2,252,490
Interest-bearing:
Transaction		908,521		907,124
Savings		1,660,534		1,613,384
Time deposits less than $100 thousand		38,098		39,845
Time deposits $100 thousand through $250 thousand		17,158		19,708
Time deposits more than $250 thousand		6,683		7,468
Total deposits	$	4,772,777	$	4,840,019

Demand deposit overdrafts of $490 thousand and $769 thousand were included as loan balances at June 30, 2026 and December 31, 2025, respectively. Interest expense for aggregate time deposits with individual account balances in excess of $100 thousand was $10 thousand and $21 thousand for the three and six months ended June 30, 2026, respectively, and $14 thousand and $31 thousand for the three and six months ended June 30, 2025, respectively.

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 June 30,		At December 31,
	2026		2025
Repurchase agreements:	(In thousands)
Collateral securing borrowings:
Agency residential MBS	$	15,651	$	17,799
Corporate securities		395,904		398,465
Total collateral carrying value	$	411,555	$	416,264
Total short-term borrowed funds	$	131,813	$	137,298

At June 30, 2026, the Company had access to borrowing from the Federal Reserve up to $761,326 thousand based on the collateral pledged at June 30, 2026. The Company had a $60,000 thousand line of credit with a correspondent bank at June 30, 2026. There were no borrowings from the Federal Reserve Bank or correspondent banks at June 30, 2026.