Annual report pursuant to Section 13 and 15(d)

Note 21 - Fair Value Measurement (Tables)

v3.10.0.1
Note 21 - Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2018
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
    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 and government sponsored agencies   $
-
    $
76,993
    $
-
    $
76,993
 
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 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, Nonrecurring [Table Text Block]
    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 and repossessed assets    
-
     
-
     
5,169
     
5,169
 
Total assets at fair value    
-
     
-
    $
35,632
    $
35,632
 
    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    
-
     
-
     
6,701
     
6,701
 
Total assets at fair value   $
-
    $
-
    $
41,602
    $
41,602
 
Fair Value, by Balance Sheet Grouping [Table Text Block]
    December 31,
    2018   2017
    Carrying Amount   Fair Value   Carrying Amount   Fair Value
    (In Thousands)
Financial Assets:                                
Level 1 Inputs:                                
Cash and cash equivalents   $
458,050
    $
458,050
    $
238,062
    $
238,062
 
                                 
Level 2 Inputs:                                
Debt securities available for sale   $
583,666
    $
583,666
    $
531,580
    $
531,580
 
Equity securities    
894
     
894
     
1,034
     
1,034
 
Federal funds sold    
223,845
     
223,845
     
239,524
     
239,524
 
Mortgage loans held for sale    
120
     
121
     
4,459
     
4,459
 
Bank owned life insurance contracts    
130,649
     
130,649
     
127,519
     
127,519
 
                                 
Level 3 Inputs:                                
Debt securities available for sale   $
6,518
    $
6,518
    $
6,500
    $
6,500
 
Debt securities held to maturity    
-
     
-
     
250
     
250
 
Loans, net    
6,464,899
     
6,398,604
     
5,791,855
     
5,747,342
 
                                 
Financial Liabilities:                                
Level 2 Inputs:                                
Deposits   $
6,915,708
    $
6,910,176
    $
6,091,674
    $
6,086,085
 
Federal funds purchased    
288,725
     
288,725
     
301,797
     
301,797
 
Other borrowings    
64,666
     
64,613
     
64,832
     
65,921