Note 4 - Securities (Tables)
|
6 Months Ended |
Jun. 30, 2019 |
|---|
| Notes Tables |
|
| Unrealized Gain (Loss) on Investments [Table Text Block] |
| |
|
Amortized Cost |
|
|
Gross Unrealized Gain |
|
|
Gross Unrealized Loss |
|
|
Market Value |
|
| June 30, 2019: |
|
(In Thousands) |
|
| Securities Available for Sale |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury and government sponsored agencies |
|
$ |
74,342 |
|
|
$ |
396 |
|
|
$ |
(31 |
) |
|
$ |
74,707 |
|
| Mortgage-backed securities |
|
|
360,816 |
|
|
|
3,072 |
|
|
|
(463 |
) |
|
|
363,425 |
|
| State and municipal securities |
|
|
83,984 |
|
|
|
387 |
|
|
|
(60 |
) |
|
|
84,311 |
|
| Corporate debt |
|
|
133,415 |
|
|
|
2,130 |
|
|
|
(17 |
) |
|
|
135,528 |
|
| Total |
|
$ |
652,557 |
|
|
$ |
5,985 |
|
|
$ |
(571 |
) |
|
$ |
657,971 |
|
| Securities Held to Maturity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| State and municipal securities |
|
|
250 |
|
|
|
- |
|
|
|
- |
|
|
|
250 |
|
| Total |
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
|
$ |
250 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2018: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Securities Available for Sale |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury and government sponsored agencies |
|
$ |
77,534 |
|
|
$ |
78 |
|
|
$ |
(619 |
) |
|
$ |
76,993 |
|
| Mortgage-backed securities |
|
|
309,244 |
|
|
|
591 |
|
|
|
(5,531 |
) |
|
|
304,304 |
|
| State and municipal securities |
|
|
106,465 |
|
|
|
208 |
|
|
|
(679 |
) |
|
|
105,994 |
|
| Corporate debt |
|
|
102,982 |
|
|
|
668 |
|
|
|
(757 |
) |
|
|
102,893 |
|
| Total |
|
$ |
596,225 |
|
|
$ |
1,545 |
|
|
$ |
(7,586 |
) |
|
$ |
590,184 |
|
|
| Fair Value, Assets Measured on Recurring Basis [Table Text Block] |
| |
|
June 30, 2019 |
|
|
December 31, 2018 |
|
| |
|
Amortized Cost |
|
|
Fair Value |
|
|
Amortized Cost |
|
|
Fair Value |
|
| |
|
(In thousands) |
|
| Debt securities available for sale |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due within one year |
|
$ |
38,284 |
|
|
$ |
38,302 |
|
|
$ |
38,343 |
|
|
$ |
38,225 |
|
| Due from one to five years |
|
|
144,968 |
|
|
|
145,841 |
|
|
|
167,873 |
|
|
|
166,380 |
|
| Due from five to ten years |
|
|
103,960 |
|
|
|
105,819 |
|
|
|
77,811 |
|
|
|
78,276 |
|
| Due after ten years |
|
|
4,529 |
|
|
|
4,584 |
|
|
|
2,954 |
|
|
|
2,999 |
|
| Mortgage-backed securities |
|
|
360,816 |
|
|
|
363,425 |
|
|
|
309,244 |
|
|
|
304,304 |
|
| |
|
$ |
652,557 |
|
|
$ |
657,971 |
|
|
$ |
596,225 |
|
|
$ |
590,184 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt securities held to maturity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Due from one to five years |
|
$ |
250 |
|
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
| |
|
$ |
250 |
|
|
$ |
250 |
|
|
$ |
- |
|
|
$ |
- |
|
|
| Gain (Loss) on Securities [Table Text Block] |
| |
|
Less Than Twelve Months |
|
|
Twelve Months or More |
|
|
Total |
|
| |
|
Gross Unrealized Losses |
|
|
Fair Value |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
|
Gross Unrealized Losses |
|
|
Fair Value |
|
| |
|
(In Thousands) |
|
| June 30, 2019 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury and government sponsored agencies |
|
$ |
- |
|
|
$ |
- |
|
|
$ |
(31 |
) |
|
$ |
21,919 |
|
|
$ |
(31 |
) |
|
$ |
21,919 |
|
| Mortgage-backed securities |
|
|
(47 |
) |
|
|
17,778 |
|
|
|
(416 |
) |
|
|
81,383 |
|
|
|
(463 |
) |
|
|
99,161 |
|
| State and municipal securities |
|
|
(9 |
) |
|
|
1,681 |
|
|
|
(51 |
) |
|
|
16,297 |
|
|
|
(60 |
) |
|
|
17,978 |
|
| Corporate debt |
|
|
(17 |
) |
|
|
3,765 |
|
|
|
- |
|
|
|
- |
|
|
|
(17 |
) |
|
|
3,765 |
|
| Total |
|
$ |
(73 |
) |
|
$ |
23,224 |
|
|
$ |
(498 |
) |
|
$ |
119,599 |
|
|
$ |
(571 |
) |
|
$ |
142,823 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 31, 2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| U.S. Treasury and government sponsored agencies |
|
$ |
(8 |
) |
|
$ |
1,001 |
|
|
$ |
(611 |
) |
|
$ |
50,878 |
|
|
$ |
(619 |
) |
|
$ |
51,880 |
|
| Mortgage-backed securities |
|
|
(539 |
) |
|
|
67,721 |
|
|
|
(4,992 |
) |
|
|
204,260 |
|
|
|
(5,531 |
) |
|
|
271,981 |
|
| State and municipal securities |
|
|
(101 |
) |
|
|
20,821 |
|
|
|
(578 |
) |
|
|
52,190 |
|
|
|
(679 |
) |
|
|
73,011 |
|
| Corporate debt |
|
|
(315 |
) |
|
|
36,245 |
|
|
|
(442 |
) |
|
|
13,474 |
|
|
|
(757 |
) |
|
|
49,718 |
|
| Total |
|
$ |
(963 |
) |
|
$ |
125,788 |
|
|
$ |
(6,623 |
) |
|
$ |
320,802 |
|
|
$ |
(7,586 |
) |
|
$ |
446,590 |
|
|