v3.26.1
Note 10 - Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

June 30, 2026

 
  

Level 1

  

Level 2

  

Level 3

  

Total Fair

 
  

Inputs

  

Inputs

  

Inputs

  

Value

 
  

(In Thousands)

 

Financial assets:

                

Available-for-sale securities:

                

U.S. government and agency obligations

 $-  $3,830  $-  $3,830 

U.S. treasury obligations

  44,098   -   -   44,098 

Municipal obligations

  -   125,665   -   125,665 

Corporate obligations

  -   997   -   997 

Mortgage-backed securities

  -   25,238   -   25,238 

Collateralized mortgage obligations

  -   79,549   -   79,549 

Asset-backed securities

  -   6,299   -   6,299 

Loans held-for-sale

  -   15,972   -   15,972 

Financial liabilities:

                

Forward TBA mortgage-backed securities

  -   21   -   21 

Interest rate lock commitments

  -   -   70   70 
  

December 31, 2025

 
  

Level 1

  

Level 2

  

Level 3

  

Total Fair

 
  

Inputs

  

Inputs

  

Inputs

  

Value

 
  

(In Thousands)

 

Financial assets:

                

Available-for-sale securities:

                

U.S. government and agency obligations

 $-  $4,155  $-  $4,155 

U.S. treasury obligations

  44,308   -   -   44,308 

Municipal obligations

  -   118,324   -   118,324 

Corporate obligations

  -   1,971   -   1,971 

Mortgage-backed securities

  -   26,494   -   26,494 

Collateralized mortgage obligations

  -   79,661   -   79,661 

Asset-backed securities

  -   6,779   -   6,779 

Loans held-for-sale

  -   7,452   -   7,452 

Financial liabilities:

                

Forward TBA mortgage-backed securities

  -   55   -   55 

Interest rate lock commitments

  -   -   49   49 
Fair Value Measurements, Nonrecurring [Table Text Block]
  

June 30, 2026

 
  

Level 1

  

Level 2

  

Level 3

  

Total Fair

 
  

Inputs

  

Inputs

  

Inputs

  

Value

 
  

(In Thousands)

 

Collateral-dependent loans individually evaluated, net of ACL

 $-  $-  $52  $52 
  

December 31, 2025

 
  

Level 1

  

Level 2

  

Level 3

  

Total Fair

 
  

Inputs

  

Inputs

  

Inputs

  

Value

 
  

(In Thousands)

 

Collateral-dependent loans individually evaluated, net of ACL

 $-  $-  $189  $189 
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
  

As of or For the

  

As of or For the

 
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 
  

2026

  

2025

  

2026

  

2025

 
  

Interest Rate Lock Commitments

  

Interest Rate Lock Commitments

 
  

(In Thousands)

  

(In Thousands)

 

Beginning balance

 $(101) $(28) $(49) $(103)

Purchases and issuances

  (173)  (10)  (419)  (28)

Sales and settlements

  204   55   398   148 

Ending balance

 $(70) $17  $(70) $17 

Unrealized gains (losses) related to items held during the period

 $31  $45  $(21) $120 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

June 30, 2026

 
  

Level 1

  

Level 2

  

Level 3

  

Total

  

Carrying

 
  

Inputs

  

Inputs

  

Inputs

  

Fair Value

  

Amount

 
  

(In Thousands)

 

Financial assets:

                    

Cash and cash equivalents

 $28,960  $-  $-  $28,960  $28,960 

FHLB stock

  -   5,001   -   5,001   5,001 

FRB stock

  -   4,131   -   4,131   4,131 

Loans receivable, gross

  -   -   1,544,163   1,544,163   1,558,344 

Mortgage servicing rights

  -   -   19,815   19,815   14,885 

Financial liabilities:

                    

Time certificates of deposit

  -   -   465,517   465,517   467,433 

FHLB advances and other borrowings

  -   -   52,150   52,150   52,102 

Other long-term debt

  -   -   44,401   44,401   45,155 
  

December 31, 2025

 
  

Level 1

  

Level 2

  

Level 3

  

Total

  

Carrying

 
  

Inputs

  

Inputs

  

Inputs

  

Fair Value

  

Amount

 
  

(In Thousands)

 

Financial assets:

                    

Cash and cash equivalents

 $62,962  $-  $-  $62,962  $62,962 

FHLB stock

  -   2,650   -   2,650   2,650 

FRB stock

  -   4,131   -   4,131   4,131 

Loans receivable, gross

  -   -   1,493,348   1,493,348   1,519,019 

Mortgage servicing rights

  -   -   20,302   20,302   15,043 

Financial liabilities:

                    

Time certificates of deposit

  -   -   461,201   461,201   462,172 

Federal Funds Purchased

  -   -   105   105   105 

FHLB advances and other borrowings

  -   -   38,447   38,447   37,917 

Other long-term debt

  -   -   43,905   43,905   45,155 
Impaired Loans and Real Estate and Other Repossessed Assets [Member]  
Notes Tables  
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
  

Principal

 

Significant

 

Range of

 
  

Valuation

 

Unobservable

 

Significant Input

 

Instrument

 

Technique

 

Inputs

 

Values

 
         

Collateral-dependent loans individually evaluated

 

Fair value of underlying collateral

 

Discount applied to the obtained appraisal

  

10 - 30%

 

Real estate and other repossessed assets

 

Fair value of collateral

 

Discount applied to the obtained appraisal

  

10 - 30%

 

Interest rate lock commitments

 

Internal pricing model

 

Pull-through expectations

  

85 - 96%