Note 4 - Securities (Tables)
|
3 Months Ended |
Mar. 31, 2020 |
|---|
| Notes Tables |
|
| Unrealized Gain (Loss) on Investments [Table Text Block] |
| |
|
Amortized Cost |
|
|
Gross Unrealized Gain |
|
|
Gross Unrealized Loss |
|
|
Fair Value |
|
| March 31, 2020 |
|
(In Thousands) |
|
| Available for sale debt securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury Securities |
|
$ |
48,956 |
|
|
$ |
826 |
|
|
$ |
- |
|
|
$ |
49,782 |
|
| Government Agency Securities |
|
|
18,188 |
|
|
|
405 |
|
|
|
- |
|
|
|
18,593 |
|
| Mortgage-backed securities |
|
|
529,126 |
|
|
|
17,305 |
|
|
|
- |
|
|
|
546,431 |
|
| State and municipal securities |
|
|
50,989 |
|
|
|
353 |
|
|
|
(14 |
) |
|
|
51,328 |
|
| Corporate debt |
|
|
157,496 |
|
|
|
3,652 |
|
|
|
(500 |
) |
|
|
160,648 |
|
| Total |
|
$ |
804,755 |
|
|
$ |
22,541 |
|
|
$ |
(514 |
) |
|
$ |
826,782 |
|
| Held to maturity debt securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| State and municipal securities |
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
250 |
|
| Total |
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
250 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Available for sale debt securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury Securities |
|
$ |
48,923 |
|
|
$ |
291 |
|
|
$ |
(4 |
) |
|
$ |
49,210 |
|
| Government Agency Securities |
|
|
18,245 |
|
|
|
143 |
|
|
|
(2 |
) |
|
|
18,386 |
|
| Mortgage-backed securities |
|
|
470,513 |
|
|
|
4,859 |
|
|
|
(1,318 |
) |
|
|
474,054 |
|
| State and municipal securities |
|
|
56,951 |
|
|
|
335 |
|
|
|
(14 |
) |
|
|
57,272 |
|
| Corporate debt |
|
|
157,549 |
|
|
|
3,098 |
|
|
|
(170 |
) |
|
|
160,477 |
|
| Total |
|
$ |
752,181 |
|
|
$ |
8,726 |
|
|
$ |
(1,508 |
) |
|
$ |
759,399 |
|
| Held to maturity debt securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| State and municipal securities |
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
250 |
|
| Total |
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
250 |
|
|
| Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
| |
|
March 31, 2020 |
|
|
December 31, 2019 |
|
| |
|
Amortized Cost |
|
|
Fair Value |
|
|
Amortized Cost |
|
|
Fair Value |
|
| |
|
(In thousands) |
|
| Available for sale debt securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due within one year |
|
$ |
59,924 |
|
|
$ |
60,306 |
|
|
$ |
58,722 |
|
|
$ |
58,975 |
|
| Due from one to five years |
|
|
83,414 |
|
|
|
84,963 |
|
|
|
90,034 |
|
|
|
91,005 |
|
| Due from five to ten years |
|
|
130,876 |
|
|
|
133,641 |
|
|
|
129,501 |
|
|
|
131,914 |
|
| Due after ten years |
|
|
1,415 |
|
|
|
1,441 |
|
|
|
3,411 |
|
|
|
3,451 |
|
| Mortgage-backed securities |
|
|
529,126 |
|
|
|
546,431 |
|
|
|
470,513 |
|
|
|
474,054 |
|
| |
|
$ |
804,755 |
|
|
$ |
826,782 |
|
|
$ |
752,181 |
|
|
$ |
759,399 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Held to maturity debt securities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due from one to five years |
|
$ |
250 |
|
|
$ |
250 |
|
|
$ |
250 |
|
|
$ |
250 |
|
| |
|
$ |
250 |
|
|
$ |
250 |
|
|
$ |
250 |
|
|
$ |
250 |
|
|
| Gain (Loss) on Securities [Table Text Block] |
| |
|
Less Than Twelve Months |
|
|
Twelve Months or More |
|
|
Total |
|
| |
|
Gross |
|
|
|
|
|
|
Gross |
|
|
|
|
|
|
Gross |
|
|
|
|
|
| |
|
Unrealized |
|
|
|
|
|
|
Unrealized |
|
|
|
|
|
|
Unrealized |
|
|
|
|
|
| |
|
Losses |
|
|
Fair Value |
|
|
Losses |
|
|
Fair Value |
|
|
Losses |
|
|
Fair Value |
|
| |
|
(In Thousands) |
|
| March 31, 2020 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| State and municipal securities |
|
$ |
(10 |
) |
|
$ |
3,582 |
|
|
$ |
(4 |
) |
|
$ |
721 |
|
|
$ |
(14 |
) |
|
$ |
4,303 |
|
| Corporate debt |
|
|
(500 |
) |
|
|
15,478 |
|
|
|
- |
|
|
|
- |
|
|
|
(500 |
) |
|
|
15,478 |
|
| Total |
|
$ |
(510 |
) |
|
$ |
19,060 |
|
|
$ |
(4 |
) |
|
$ |
721 |
|
|
$ |
(514 |
) |
|
$ |
19,781 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury Securities |
|
$ |
(4 |
) |
|
$ |
3,012 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(4 |
) |
|
$ |
3,012 |
|
| Government Agency Securities |
|
|
(2 |
) |
|
|
266 |
|
|
|
- |
|
|
|
- |
|
|
|
(2 |
) |
|
|
266 |
|
| Mortgage-backed securities |
|
|
(1,206 |
) |
|
|
153,330 |
|
|
|
(112 |
) |
|
|
24,911 |
|
|
|
(1,318 |
) |
|
|
178,241 |
|
| State and municipal securities |
|
|
(4 |
) |
|
|
1,900 |
|
|
|
(10 |
) |
|
|
2,647 |
|
|
|
(14 |
) |
|
|
4,547 |
|
| Corporate debt |
|
|
(170 |
) |
|
|
19,981 |
|
|
|
- |
|
|
|
- |
|
|
|
(170 |
) |
|
|
19,981 |
|
| Total |
|
$ |
(1,386 |
) |
|
$ |
178,489 |
|
|
$ |
(122 |
) |
|
$ |
27,558 |
|
|
$ |
(1,508 |
) |
|
$ |
206,047 |
|
|