v3.26.3
Note 10 - Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2026
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
  

September 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

 $-  $3,662  $-  $3,662 

U.S. treasury obligations

  43,472   -   -   43,472 

Municipal obligations

  -   117,639   -   117,639 

Corporate obligations

  -   983   -   983 

Mortgage-backed securities

  -   23,939   -   23,939 

Collateralized mortgage obligations

  -   76,990   -   76,990 

Asset-backed securities

  -   6,139   -   6,139 

Loans held-for-sale

  -   12,812   -   12,812 

Forward TBA mortgage-backed securities

  -   461   -   461 

Financial liabilities:

                

Interest rate lock commitments

  -   -   88   88 
  

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]
  

September 30, 2026

 
  

Level 1

  

Level 2

  

Level 3

  

Total Fair

 
  

Inputs

  

Inputs

  

Inputs

  

Value

 
  

(In Thousands)

 

Collateral-dependent loans individually evaluated, net of ACL

 $-  $-  $58  $58 

Other real estate owned and other repossessed assets

 $-  $-  $41  $41 
  

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

  

Nine Months Ended

 
  

September 30,

  

September 30,

 
  

2026

  

2025

  

2026

  

2025

 
  

Interest Rate Lock Commitments

  

Interest Rate Lock Commitments

 
  

(In Thousands)

  

(In Thousands)

 

Beginning balance

 $(70) $17  $(49) $(103)

Purchases and issuances

  (233)  (107)  (652)  (135)

Sales and settlements

  215   45   613   193 

Ending balance

 $(88) $(45) $(88) $(45)

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

 $(18) $(62) $(39) $58 
Fair Value, by Balance Sheet Grouping [Table Text Block]
  

September 30, 2026

 
  

Level 1

  

Level 2

  

Level 3

  

Total

  

Carrying

 
  

Inputs

  

Inputs

  

Inputs

  

Fair Value

  

Amount

 
  

(In Thousands)

 

Financial assets:

                    

Cash and cash equivalents

 $24,859  $-  $-  $24,859  $24,859 

FHLB stock

  -   12,097   -   12,097   12,097 

FRB stock

  -   4,131   -   4,131   4,131 

Loans receivable, gross

  -   -   1,701,406   1,701,406   1,717,378 

Mortgage servicing rights

  -   -   20,100   20,100   14,832 

Financial liabilities:

                    

Time certificates of deposit

  -   -   462,932   462,932   465,680 

FHLB advances and other borrowings

  -   -   196,387   196,387   196,759 

Other long-term debt

  -   -   44,645   44,645   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%