Note 9 - Fair Value Measurements (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Notes Tables |
|
| Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
| |
|
At June 30, 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
|
|
$ |
167,015 |
|
|
$ |
- |
|
|
$ |
167,015 |
|
|
$ |
- |
|
|
Agency commercial MBS
|
|
|
1,130,815 |
|
|
|
- |
|
|
|
1,130,815 |
|
|
|
- |
|
|
Securities of U.S. Government sponsored entities
|
|
|
296,531 |
|
|
|
- |
|
|
|
296,531 |
|
|
|
- |
|
|
Obligations of states and political subdivisions
|
|
|
40,431 |
|
|
|
- |
|
|
|
40,431 |
|
|
|
- |
|
|
Corporate securities
|
|
|
1,796,083 |
|
|
|
- |
|
|
|
1,796,083 |
|
|
|
- |
|
|
Collateralized loan obligations
|
|
|
208,302 |
|
|
|
- |
|
|
|
208,302 |
|
|
|
- |
|
|
Total debt securities available for sale
|
|
|
3,639,177 |
|
|
|
- |
|
|
|
3,639,177 |
|
|
|
- |
|
|
Equity securities held for trading
|
|
|
255 |
|
|
|
255 |
|
|
|
- |
|
|
|
- |
|
|
Total securities measured at fair value
|
|
$ |
3,639,432 |
|
|
$ |
255 |
|
|
$ |
3,639,177 |
|
|
$ |
- |
|
| |
|
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 Six
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Months Ended
|
|
| |
|
At June 30, 2026
|
|
|
June 30, 2026
|
|
| |
|
Carrying Value
|
|
|
Level 1
|
|
|
Level 2
|
|
|
Level 3
|
|
|
Total Losses
|
|
| |
|
(In thousands)
|
|
|
Loans:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Commercial
|
|
$ |
342 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
342 |
|
|
$ |
93 |
|
|
Total assets measured at fair value on a nonrecurring basis
|
|
$ |
342 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
342 |
|
|
$ |
93 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 June 30, 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
|
|
$ |
301,934 |
|
|
$ |
301,934 |
|
|
$ |
301,934 |
|
|
$ |
- |
|
|
$ |
- |
|
|
Debt securities held to maturity
|
|
|
807,846 |
|
|
|
790,440 |
|
|
|
- |
|
|
|
790,440 |
|
|
|
- |
|
|
Loans
|
|
|
658,043 |
|
|
|
652,020 |
|
|
|
- |
|
|
|
- |
|
|
|
652,020 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial Liabilities:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Deposits
|
|
$ |
4,772,777 |
|
|
$ |
4,771,255 |
|
|
$ |
- |
|
|
$ |
4,710,838 |
|
|
$ |
60,417 |
|
|
Securities sold under repurchase agreements
|
|
|
131,813 |
|
|
|
131,813 |
|
|
|
- |
|
|
|
131,813 |
|
|
|
- |
|
| |
|
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 |
|
|
|
- |
|
|