Note 21 - Fair Value Measurement (Tables)
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12 Months Ended |
Dec. 31, 2019 |
|---|
| Notes Tables |
|
| Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block] |
| |
|
Fair Value Measurements at December 31, 2019 Using |
|
| |
|
Quoted Prices in |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Active Markets |
|
|
Significant Other |
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|
Significant |
|
|
|
|
|
| |
|
for Identical |
|
|
Observable Inputs |
|
|
Unobservable |
|
|
|
|
|
| |
|
Assets (Level 1) |
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|
(Level 2) |
|
|
Inputs (Level 3) |
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|
Total |
|
| Assets Measured on a Recurring Basis: |
|
(In Thousands) |
|
| Available-for-sale securities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury securities |
|
$ |
- |
|
|
$ |
49,210 |
|
|
$ |
- |
|
|
$ |
49,210 |
|
| Government agency securities |
|
|
|
|
|
|
18,386 |
|
|
|
|
|
|
|
18,386 |
|
| Mortgage-backed securities |
|
|
- |
|
|
|
474,054 |
|
|
|
- |
|
|
|
474,054 |
|
| State and municipal securities |
|
|
- |
|
|
|
57,272 |
|
|
|
- |
|
|
|
57,272 |
|
| Corporate debt |
|
|
- |
|
|
|
153,881 |
|
|
|
6,596 |
|
|
|
160,477 |
|
| Total assets at fair value |
|
$ |
- |
|
|
$ |
752,803 |
|
|
$ |
6,596 |
|
|
$ |
759,399 |
|
| |
|
Fair Value Measurements at December 31, 2018 Using |
|
| |
|
Quoted Prices in |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Active Markets |
|
|
Significant Other |
|
|
Significant |
|
|
|
|
|
| |
|
for Identical |
|
|
Observable Inputs |
|
|
Unobservable |
|
|
|
|
|
| |
|
Assets (Level 1) |
|
|
(Level 2) |
|
|
Inputs (Level 3) |
|
|
Total |
|
| Assets Measured on a Recurring Basis: |
|
(In Thousands) |
|
| Available-for-sale securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury securities |
|
$ |
- |
|
|
$ |
58,428 |
|
|
$ |
- |
|
|
$ |
58,428 |
|
| Government agency securities |
|
|
|
|
|
|
18,565 |
|
|
|
|
|
|
|
18,565 |
|
| Mortgage-backed securities |
|
|
- |
|
|
|
304,304 |
|
|
|
- |
|
|
|
304,304 |
|
| State and municipal securities |
|
|
- |
|
|
|
105,994 |
|
|
|
- |
|
|
|
105,994 |
|
| Corporate debt |
|
|
- |
|
|
|
96,375 |
|
|
|
6,518 |
|
|
|
102,893 |
|
| Total assets at fair value |
|
$ |
- |
|
|
$ |
583,666 |
|
|
$ |
6,518 |
|
|
$ |
590,184 |
|
|
| Fair Value Measurements, Nonrecurring [Table Text Block] |
| |
|
Fair Value Measurements at December 31, 2019 Using |
|
| |
|
Quoted Prices in |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Active Markets |
|
|
Significant Other |
|
|
Significant |
|
|
|
|
|
| |
|
for Identical |
|
|
Observable |
|
|
Unobservable |
|
|
|
|
|
| |
|
Assets (Level 1) |
|
|
Inputs (Level 2) |
|
|
Inputs (Level 3) |
|
|
Total |
|
| Assets Measured on a Nonrecurring Basis: |
|
(In Thousands) |
|
| Impaired loans |
|
$ |
- |
|
|
|
- |
|
|
$ |
33,344 |
|
|
$ |
33,344 |
|
| Other real estate owned and repossessed assets |
|
|
- |
|
|
|
- |
|
|
|
8,178 |
|
|
|
8,178 |
|
| Total assets at fair value |
|
|
- |
|
|
|
- |
|
|
$ |
41,522 |
|
|
$ |
41,522 |
|
| |
|
Fair Value Measurements at December 31, 2018 Using |
|
| |
|
Quoted Prices in |
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Active Markets |
|
|
Significant Other |
|
|
Significant |
|
|
|
|
|
| |
|
for Identical |
|
|
Observable |
|
|
Unobservable |
|
|
|
|
|
| |
|
Assets (Level 1) |
|
|
Inputs (Level 2) |
|
|
Inputs (Level 3) |
|
|
Total |
|
| Assets Measured on a Nonrecurring Basis: |
|
(In Thousands) |
|
| Impaired loans |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
30,463 |
|
|
$ |
30,463 |
|
| Other real estate owned |
|
|
- |
|
|
|
- |
|
|
|
5,169 |
|
|
|
5,169 |
|
| Total assets at fair value |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
35,632 |
|
|
$ |
35,632 |
|
|
| Fair Value, by Balance Sheet Grouping [Table Text Block] |
| |
|
December 31, |
|
| |
|
2019 |
|
|
2018 |
|
| |
|
Carrying Amount |
|
|
Fair Value |
|
|
Carrying Amount |
|
|
Fair Value |
|
| |
|
(In Thousands) |
|
| Financial Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Level 1 Inputs: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
$ |
530,127 |
|
|
$ |
530,127 |
|
|
$ |
458,050 |
|
|
$ |
458,050 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Level 2 Inputs: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt securities available for sale |
|
$ |
752,803 |
|
|
$ |
752,803 |
|
|
$ |
583,666 |
|
|
$ |
583,666 |
|
| Equity securities |
|
|
- |
|
|
|
- |
|
|
|
894 |
|
|
|
894 |
|
| Federal funds sold |
|
|
100,473 |
|
|
|
100,473 |
|
|
|
223,845 |
|
|
|
223,845 |
|
| Mortgage loans held for sale |
|
|
6,302 |
|
|
|
6,312 |
|
|
|
120 |
|
|
|
121 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Level 3 Inputs: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt securities available for sale |
|
$ |
6,596 |
|
|
$ |
6,596 |
|
|
$ |
6,518 |
|
|
$ |
6,518 |
|
| Debt securities held to maturity |
|
|
250 |
|
|
|
250 |
|
|
|
- |
|
|
|
- |
|
| Loans, net |
|
|
7,184,867 |
|
|
|
7,132,542 |
|
|
|
6,464,899 |
|
|
|
6,398,604 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Financial Liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Level 2 Inputs: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Deposits |
|
$ |
7,530,433 |
|
|
$ |
7,534,984 |
|
|
$ |
6,915,708 |
|
|
$ |
6,910,176 |
|
| Federal funds purchased |
|
|
470,749 |
|
|
|
470,749 |
|
|
|
288,725 |
|
|
|
288,725 |
|
| Other borrowings |
|
|
64,703 |
|
|
|
65,048 |
|
|
|
64,666 |
|
|
|
64,613 |
|
|