Annual report pursuant to Section 13 and 15(d)

Note 23 - Fair Value Measurement (Tables)

v3.8.0.1
Note 23 - Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2017
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
    Fair Value Measurements at December 31, 2017 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 and government sponsored agencies   $
-
    $
55,356
    $
-
    $
55,356
 
Mortgage-backed securities    
-
     
276,498
     
-
     
276,498
 
State and municipal securities    
-
     
134,849
     
-
     
134,849
 
Corporate debt    
-
     
64,877
     
6,500
     
71,377
 
Total assets at fair value   $
-
    $
531,580
    $
6,500
    $
538,080
 
    Fair Value Measurements at December 31, 2016 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 and government sponsored agencies   $
-
    $
46,254
    $
-
    $
46,254
 
Mortgage-backed securities    
-
     
227,190
     
-
     
227,190
 
State and municipal securities    
-
     
139,930
     
-
     
139,930
 
Corporate debt    
-
     
9,001
     
-
     
9,001
 
Total assets at fair value   $
-
    $
422,375
    $
-
    $
422,375
 
Fair Value Measurements, Nonrecurring [Table Text Block]
    Fair Value Measurements at December 31, 2017 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   $
-
     
-
    $
34,901
    $
34,901
 
Other real estate owned and repossessed assets    
-
     
-
     
6,701
     
6,701
 
Total assets at fair value    
-
     
-
    $
41,602
    $
41,602
 
    Fair Value Measurements at December 31, 2016 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   $
-
    $
-
    $
37,437
    $
37,437
 
Other real estate owned    
-
     
-
     
4,988
     
4,988
 
Total assets at fair value   $
-
    $
-
    $
42,425
    $
42,425
 
Fair Value, by Balance Sheet Grouping [Table Text Block]
    December 31,
    2017   2016
    Carrying Amount   Fair Value   Carrying Amount   Fair Value
    (In Thousands)
Financial Assets:                                
Level 1 Inputs:                                
Cash and cash equivalents   $
238,062
    $
238,062
    $
623,562
    $
623,562
 
                                 
Level 2 Inputs:                                
Debt securities available for sale   $
531,580
    $
531,580
    $
422,375
    $
422,375
 
Debt securities held to maturity    
-
     
-
     
25,052
     
25,431
 
Equity securities    
1,034
     
1,034
     
1,024
     
1,024
 
Federal funds sold    
239,524
     
239,524
     
160,435
     
160,435
 
Mortgage loans held for sale    
4,459
     
4,459
     
4,675
     
4,736
 
Bank owned life insurance contracts    
127,519
     
127,519
     
114,388
     
114,388
 
                                 
Level 3 Inputs:                                
Debt securities available for sale   $
6,500
    $
6,500
    $
-
    $
-
 
Debt securities held to maturity    
250
     
250
     
37,512
     
37,871
 
Loans, net    
5,791,855
     
5,747,342
     
4,859,877
     
4,872,689
 
                                 
Financial Liabilities:                                
Level 2 Inputs:                                
Deposits   $
6,091,674
    $
6,086,085
    $
5,420,311
    $
5,417,320
 
Federal funds purchased    
301,797
     
301,797
     
355,944
     
355,944
 
Other borrowings    
64,832
     
65,921
     
55,262
     
54,203