v3.26.1
Note 13 - Fair Value (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

 
  

Total

  

Fair Value Measurements Using

 

(Amounts in thousands)

 

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Available-for-sale debt securities

                

U.S. Agency securities

 $1,379  $-  $1,379  $- 

U.S. Treasury securities

  124,750  $-   124,750  $- 

Municipal securities

  7,007   -   7,007   - 

Corporate Notes

  19,673   -   19,673   - 

Agency mortgage-backed securities

  86,241   -   86,241   - 

Total available-for-sale debt securities

  239,050   -   239,050   - 

Equity securities

  55   -   55   - 

Fair value loans

  2,346   -   -   2,346 

Derivative assets

  47   -   47   - 

Deferred compensation assets

  13,265   13,265   -   - 

Deferred compensation liabilities

  14,797   14,797   -   - 
  

December 31, 2025

 
  

Total

  

Fair Value Measurements Using

 

(Amounts in thousands)

 

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Available-for-sale debt securities

                

U.S. Treasury securities

 $10,929  $-  $10,929  $- 

Municipal securities

  9,262   -   9,262   - 

Corporate notes

  24,560   -   24,560   - 

Agency mortgage-backed securities

  87,937   -   87,937   - 

Total available-for-sale debt securities

  132,688   -   132,688   - 

Equity securities

  55   -   55   - 

Fair value loans

  2,596   -   -   2,596 

Derivative assets

  41   -   41   - 

Deferred compensation assets

  10,951   10,951   -   - 

Deferred compensation liabilities

  12,479   12,479   -   - 
Fair Value Measurements, Nonrecurring [Table Text Block]
  

June 30, 2026

 
  

Total

  

Fair Value Measurements Using

 
  

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

(Amounts in thousands)

                

Collateral dependent assets with specific reserves

 $-  $-  $-  $- 

OREO

  52   -   -   52 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
 

June 30, 2026

 
 

Valuation

 

Unobservable

 

Discount Range

 
 

Technique

 

Input

 

(Weighted Average)

 
        

Collateral dependent assets with specific reserves

Discounted appraisals(1)

 

Appraisal adjustments(2)

  0% (0%) 

OREO

Discounted appraisals(1)

 

Appraisal adjustments(2)

  51% to 52% (51%) 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

June 30, 2026

 
  

Carrying

      

Fair Value Measurements Using

 

(Amounts in thousands)

 

Amount

  

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Assets

                    

Cash and cash equivalents

 $591,913  $591,913  $591,913  $-  $- 

Debt securities available-for-sale

  239,050   239,050   -   239,050   - 

Equity securities

  55   55   -   55   - 

Loans held for investment, net of allowance

  2,427,092   2,261,394   -   -   2,261,394 

Derivative financial assets

  47   47   -   47   - 

Interest receivable

  9,344   9,344   -   667   8,677 

Deferred compensation assets

  13,265   13,265   13,265   -   - 
                     

Liabilities

                    

Time deposits

  207,903   206,439   -   206,439   - 

Securities sold under agreements to repurchase

  2,924   2,924   -   2,924   - 

Interest payable

  547   547   -   547   - 

Deferred compensation liabilities

  14,797   14,797   14,797   -   - 
  

December 31, 2025

 
  

Carrying

      

Fair Value Measurements Using

 

(Amounts in thousands)

 

Amount

  

Fair Value

  

Level 1

  

Level 2

  

Level 3

 

Assets

                    

Cash and cash equivalents

 $512,240  $512,240  $512,240  $-  $- 

Debt securities available-for-sale

  132,688   132,688   -   132,688   - 

Equity securities

  55   55   -   55   - 

Loans held for investment, net of allowance

  2,283,994   2,105,996   -   -   2,105,996 

Interest receivable

  8,720   8,720   -   681   8,039 

Deferred compensation assets

  10,951   10,951   10,951   -   - 

Derivative assets

  41   41   -   41   - 
                     

Liabilities

                    

Time deposits

  200,368   198,815   -   198,815   - 

Securities sold under agreements to repurchase

  1,214   1,214   -   1,214   - 

Interest payable

  570   570   -   570   - 

Deferred compensation liabilities

  12,479   12,479   12,479   -   -