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Note 3 - Loans (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  

December 31,

 
  

2023

  

2022

 
         
  

(In Thousands)

 

Commercial, financial and agricultural

 $2,823,986  $3,145,317 

Real estate - construction

  1,519,619   1,532,388 

Real estate - mortgage:

        

Owner-occupied commercial

  2,257,163   2,199,280 

1-4 family mortgage

  1,249,938   1,146,831 

Other mortgage

  3,744,346   3,597,750 

Total real estate - mortgage

  7,251,447   6,943,861 

Consumer

  63,777   66,402 

Total Loans

  11,658,829   11,687,968 

Less: Allowance for credit losses

  (153,317)  (146,297)

Net Loans

 $11,505,512  $11,541,671 
Schedule of Allowance for Loan Losses [Table Text Block]
  

Years Ended December 31,

 
  

2023

  

2022

  

2021

 
             
  

(In Thousands)

 

Balance, beginning of year

 $146,297  $116,660  $87,942 

Loans charged off

  (14,581)  (10,137)  (4,114)

Recoveries

  2,886   2,167   1,315 

Provision for credit losses

  18,715   37,607   31,517 

Balance, end of year

 $153,317  $146,297  $116,660 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

Commercial,

                 
  

financial and

  

Real estate -

  

Real estate -

         
  

agricultural

  

construction

  

mortgage

  

Consumer

  

Total

 
                     
  

(In Thousands)

 
  

Twelve Months Ended December 31, 2023

 

Allowance for credit losses:

                    

Balance at December 31, 2022

 $42,830  $42,889  $58,652  $1,926  $146,297 

Charge-offs

  (13,229)  (108)  (171)  (1,073)  (14,581)

Recoveries

  2,796   3   2   85   2,886 

Provision

  19,720   1,874   (3,355)  476   18,715 

Balance at December 31, 2023

 $52,117  $44,658  $55,128  $1,414  $153,317 
                     
  

Twelve Months Ended December 31, 2022

 
Allowance for credit losses:                    

Balance at December 31, 2021

 $41,869  $26,994  $45,829  $1,968  $116,660 

Charge-offs

  (9,256)  -   (221)  (660)  (10,137)

Recoveries

  2,012   -   -   155   2,167 

Provision

  8,205   15,895   13,044   463   37,607 

Balance at December 31, 2022

 $42,830  $42,889  $58,652  $1,926  $146,297 
    
  

Twelve Months Ended December 31, 2021

 

Allowance for credit losses:

                    

Balance at December 31, 2020

 $36,370  $16,057  $33,722  $1,793  $87,942 

Charge-offs

  (3,453)  (14)  (279)  (368)  (4,114)

Recoveries

  1,135   52   85   43   1,315 

Provision

  7,817   10,899   12,301   500   31,517 

Balance at December 31, 2021

 $41,869  $26,994  $45,829  $1,968  $116,660 
Financing Receivable Based on Year of Origination [Table Text Block]

December 31, 2023

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving

  

Revolving lines of credit converted to term loans

  

Total

 
  

(In Thousands)

 

Commercial, financial, and agricultural

                                    

Pass

 $341,335  $455,281  $354,034  $162,543  $100,032  $151,527  $1,161,324  $491  $2,726,567 

Special Mention

  4,275   1,982   5,105   5,765   1,320   3,549   21,769   7   43,772 

Substandard - accruing

  1,410   -   2,830   368   9,501   27,962   4,360   -   46,431 

Substandard -Non-accrual

  -   2   767   206   -   3,336   2,905   -   7,216 

Total Commercial, financial and agricultural

 $347,020  $457,265  $362,736  $168,882  $110,853  $186,374  $1,190,358  $498  $2,823,986 

Current-period gross writeoffs

 $1,213  $4,690  $2,531  $779  $4  $2,014  $1,998  $-  $13,229 
                                     

Real estate - construction

                                    

Pass

 $216,745  $874,903  $283,012  $49,668  $4,866  $16,558  $72,156  $-  $1,517,908 

Special Mention

  589   -   -   -   -   -   -   -   589 

Substandard - accruing

  -   33   -   -   -   978   -   -   1,011 

Substandard -Non-accrual

  -   -   -   -   -   -   -   111   111 

Total Real estate - construction

 $217,334  $874,936  $283,012  $49,668  $4,866  $17,536  $72,156  $111  $1,519,619 

Current-period gross write-offs

 $-  $-  $19  $-  $-  $-  $-  $89  $108 
                                     

Owner-occupied commercial

                                    

Pass

 $148,915  $478,364  $517,667  $300,978  $181,864  $512,752  $64,170  $844  $2,205,554 

Special Mention

  5,369   1,411   7,705   8,317   8,530   7,539   -   -   38,871 

Substandard - accruing

  1,358   -   -   -   -   4,292   -   -   5,650 

Substandard -Non-accrual

  -   -   -   -   2,329   4,759   -   -   7,088 

Total Owner-occupied commercial

 $155,642  $479,775  $525,372  $309,295  $190,394  $524,583  $64,170  $844  $2,257,163 

Current-period gross write-offs

 $-  $-  $-  $-  $117  $-  $-  $-  $117 
                                     

1-4 family mortgage

                                    

Pass

 $166,927  $376,964  $228,183  $75,104  $40,697  $61,046  $286,066  $-  $1,234,987 

Special Mention

  574   721   2,504   1,009   3,865   439   727   -   9,839 

Substandard - accruing

  -   -   -   -   -   425   261   -   686 

Substandard -Non-accrual

  155   380   741   572   877   901   800   -   4,426 

Total 1-4 family mortgage

 $167,656  $378,065  $231,428  $76,685  $45,439  $62,811  $287,854  $-  $1,249,938 

Current-period gross write-offs

 $-  $40  $-  $-  $-  $14  $-  $-  $54 
                                     

Other mortgage

                                    

Pass

 $162,418  $1,119,609  $1,106,055  $448,781  $249,059  $540,325  $100,516  $247  $3,727,010 

Special Mention

  -   -   -   -   -   -   850   -   850 

Substandard - accruing

  -   4,975   -   -   -   11,005   -   -   15,980 

Substandard -Non-accrual

  -   -   -   -   130   376   -   -   506 

Total Other mortgage

 $162,418  $1,124,584  $1,106,055  $448,781  $249,189  $551,706  $101,366  $247  $3,744,346 

Current-period gross write-offs

 $-  $-  $-  $-  $-  $-  $-  $-  $- 
                                     

Consumer

                                    

Pass

 $22,227  $3,890  $4,542  $1,794  $1,295  $2,687  $27,342  $-  $63,777 

Special Mention

  -   -   -   -   -   -   -   -   - 

Substandard - accruing

  -   -   -   -   -   -   -   -   - 

Substandard -Non-accrual

  -   -   -   -   -   -   -   -   - 

Total Consumer

 $22,227  $3,890  $4,542  $1,794  $1,295  $2,687  $27,342  $-  $63,777 

Current-period gross write-offs

 $-  $-  $-  $-  $4  $49  $1,020  $-  $1,073 
                                     

Total Loans

                                    

Pass

 $1,058,567  $3,309,011  $2,493,493  $1,038,868  $577,813  $1,284,895  $1,711,574  $1,582  $11,475,803 

Special Mention

  10,807   4,114   15,314   15,091   13,715   11,527   23,346   7   93,921 

Substandard - accruing

  2,768   5,009   2,830   368   9,501   44,662   4,621   -   69,758 

Substandard -Non-accrual

  155   382   1,508   778   3,336   9,372   3,705   111   19,347 

Total Loans

 $1,072,297  $3,318,515  $2,513,145  $1,055,105  $604,365  $1,350,456  $1,743,246  $1,700  $11,658,829 

Current-period gross write-offs

 $1,213  $4,730  $2,550  $779  $125  $2,077  $3,018  $89  $14,581 

December 31, 2022

 

2022

  

2021

  

2020

  

2019

  

2018

  

Prior

  

Revolving Loans

  

Total

 
  

(In Thousands)

 

Commercial, financial and agricultural

                                

Pass

 $691,817  $502,648  $223,096  $144,587  $78,477  $134,893  $1,267,333  $3,042,851 

Special Mention

  6,906   3,737   1,101   1,748   570   898   29,516   44,476 

Substandard

  200   -   379   9,501   16,329   16,595   14,986   57,990 

Doubtful

  -   -   -   -   -   -   -   - 

Total Commercial, financial

  -   -   -   -   -   -   -   - 

and agricultural

 $698,923  $506,385  $224,576  $155,836  $95,376  $152,386  $1,311,835  $3,145,317 
                                 

Real estate - construction

                                

Pass

 $618,578  $638,126  $156,834  $15,197  $12,063  $14,847  $72,172  $1,527,817 

Special Mention

  2,500   -   -   -   -   873   -   3,373 

Substandard

  -   -   -   -   1,198   -   -   1,198 

Doubtful

  -   -   -   -   -   -   -   - 

Total Real estate - construction

 $621,078  $638,126  $156,834  $15,197  $13,261  $15,720  $72,172  $1,532,388 
                                 

Owner-occupied commercial

                                

Pass

 $424,321  $496,298  $352,375  $199,987  $157,204  $477,926  $64,152  $2,172,263 

Special Mention

  2,362   -   -   2,723   4,682   6,917   1,687   18,371 

Substandard

  -   -   -   73   -   8,573   -   8,646 

Doubtful

  -   -   -   -   -   -   -   - 

Total Owner-occupied commercial

 $426,683  $496,298  $352,375  $202,783  $161,886  $493,416  $65,839  $2,199,280 
                                 

1-4 family mortgage

                                

Pass

 $388,778  $273,515  $93,272  $52,209  $28,999  $57,512  $243,302  $1,137,587 

Special Mention

  315   445   816   375   294   881   2,854   5,980 

Substandard

  -   279   404   648   346   1,224   363   3,264 

Doubtful

  -   -   -   -   -   -   -   - 

Total 1-4 family mortgage

 $389,093  $274,239  $94,492  $53,232  $29,639  $59,617  $246,519  $1,146,831 
                                 

Other mortgage

                                

Pass

 $1,027,747  $976,208  $517,392  $380,104  $130,228  $470,699  $75,669  $3,578,047 

Special Mention

  231   -   -   -   -   7,161   -   7,392 

Substandard

  -   -   -   130   4,569   7,612   -   12,311 

Doubtful

  -   -   -   -   -   -   -   - 

Total Other mortgage

 $1,027,978  $976,208  $517,392  $380,234  $134,797  $485,472  $75,669  $3,597,750 
                                 

Consumer

                                

Pass

 $21,132  $5,845  $4,203  $1,759  $440  $2,988  $30,021  $66,388 

Special Mention

  -   -   -   -   -   14   -   14 

Substandard

  -   -   -   -   -   -   -   - 

Doubtful

  -   -   -   -   -   -   -   - 

Total Consumer

 $21,132  $5,845  $4,203  $1,759  $440  $3,002  $30,021  $66,402 
                                 

Total Loans

                                

Pass

 $3,172,373  $2,892,640  $1,347,172  $793,843  $407,411  $1,158,865  $1,752,649  $11,524,953 

Special Mention

  12,314   4,182   1,917   4,846   5,546   16,744   34,057   79,606 

Substandard

  200   279   783   10,352   22,442   34,004   15,349   83,409 

Doubtful

  -   -   -   -   -   -   -   - 

Total Loans

 $3,184,887  $2,897,101  $1,349,872  $809,041  $435,399  $1,209,613  $1,802,055  $11,687,968 
Financing Receivable, Credit Substitute, Credit Quality Indicator [Table Text Block]

December 31, 2023

 

Performing

  

Nonperforming

  

Total

 
             
  

(In Thousands)

 

Commercial, financial and agricultural

 $2,816,599  $7,387  $2,823,986 

Real estate - construction

  1,519,508   111   1,519,619 

Real estate - mortgage:

            

Owner-occupied commercial

  2,250,074   7,089   2,257,163 

1-4 family mortgage

  1,243,603   6,335   1,249,938 

Other mortgage

  3,743,840   506   3,744,346 

Total real estate - mortgage

  7,237,517   13,930   7,251,447 

Consumer

  63,672   105   63,777 

Total

 $11,637,296  $21,533  $11,658,829 

December 31, 2022

 

Performing

  

Nonperforming

  

Total

 
             
  

(In Thousands)

 

Commercial, financial and agricultural

 $3,138,014  $7,303  $3,145,317 

Real estate - construction

  1,532,388   -   1,532,388 

Real estate - mortgage:

            

Owner-occupied commercial

  2,195,968   3,312   2,199,280 

1-4 family mortgage

  1,144,713   2,118   1,146,831 

Other mortgage

  3,592,732   5,018   3,597,750 

Total real estate - mortgage

  6,933,413   10,448   6,943,861 

Consumer

  66,312   90   66,402 

Total

 $11,670,127  $17,841  $11,687,968 
Financing Receivable, Past Due [Table Text Block]

December 31, 2023

 

Past Due Status (Accruing Loans)

                 
              

Total Past

  

Total

          

Nonaccrual

 
  

30-59 Days

  

60-89 Days

  

90+ Days

  

Due

  

Nonaccrual

  

Current

  

Total Loans

  

With No ACL

 
                                 
  

(In Thousands)

 
                                 

Commercial, financial and agricultural

 $3,418  $3,718  $170  $7,306  $7,217  $2,809,463  $2,823,986  $5,028 

Real estate - construction

  -   34   -   34   111   1,519,474   1,519,619   - 

Real estate - mortgage:

                                

Owner-occupied commercial

  -   -   -   -   7,089   2,250,074   2,257,163   7,089 

1-4 family mortgage

  540   4,920   1,909   7,369   4,426   1,238,143   1,249,938   1,224 

Other mortgage

  676   10,703   -   11,379   506   3,732,461   3,744,346   506 

Total real estate - mortgage

  1,216   15,623   1,909   18,748   12,021   7,220,678   7,251,447   8,819 

Consumer

  58   31   105   194   -   63,583   63,777   - 

Total

 $4,692  $19,406  $2,184  $26,282  $19,349  $11,613,198  $11,658,829  $13,847 

December 31, 2022

 

Past Due Status (Accruing Loans)

                 
              

Total Past

  

Total

          

Nonaccrual

 
  

30-59 Days

  

60-89 Days

  

90+ Days

  

Due

  

Nonaccrual

  

Current

  

Total Loans

  

With No ACL

 
                                 
  

(In Thousands)

 

Commercial, financial and agricultural

 $1,075  $409  $195  $1,679  $7,108  $3,136,530   3,145,317  $3,238 

Real estate - construction

  -   711   -   711   -   1,531,677   1,532,388   - 

Real estate - mortgage:

                                

Owner-occupied commercial

  83   452   -   535   3,312   2,195,433   2,199,280   57 

1-4 family mortgage

  405   580   594   1,579   1,524   1,143,728   1,146,831   491 

Other mortgage

  231   -   4,512   4,743   506   3,592,501   3,597,750   - 

Total real estate - mortgage

  719   1,032   5,106   6,857   5,342   6,931,662   6,943,861   548 

Consumer

  174   128   90   392   -   66,010   66,402   621 

Total

 $1,968  $2,280  $5,391  $9,639  $12,450  $11,665,879   11,687,968  $4,407 
Schedule of Financial Instruments Owned and Pledged as Collateral [Table Text Block]
      

Accounts

              

ACL

 

December 31, 2023

 

Real Estate

  

Receivable

  

Equipment

  

Other

  

Total

  

Allocation

 
  

(In Thousands)

 

Commercial, financial and agricultural

 $20,266  $7,240  $2,126  $24,016  $53,648  $16,189 

Real estate - construction

  145   -   -   978   1,123   1 

Real estate - mortgage:

                        

Owner-occupied commercial

  12,038   -   -   698   12,736   475 

1-4 family mortgage

  15,694   -   -   -   15,694   1,058 

Other mortgage

  5,862   -   -   -   5,862   603 

Total real estate - mortgage

  33,594   -   -   698   34,292   2,136 

Total

 $54,005  $7,240  $2,126  $25,692  $89,063  $18,326 
      

Accounts

              

ACL

 

December 31, 2022

 

Real Estate

  

Receivable

  

Equipment

  

Other

  

Total

  

Allocation

 
  

(In Thousands)

 

Commercial, financial and agricultural

 $20,061  $12,092  $837  $24,998  $57,988  $9,910 

Real estate - construction

  -   -   -   1,198   1,198   7 

Real estate - mortgage:

                        

Owner-occupied commercial

  8,573   -   -   74   8,647   154 

1-4 family mortgage

  3,260   -   -   -   3,260   316 

Other mortgage

  12,311   -   -   -   12,311   - 

Total real estate - mortgage

  24,144   -   -   74   24,218   470 

Total

 $44,205  $12,092  $837  $26,270  $83,404  $10,387 
Financing Receivable, Modified [Table Text Block]
  

Year Ended December 31, 2023

 
      

Payment Deferral

         
  

Term

  

and Term

      

Percentage of

 
  

Extensions

  

Extensions

  

Total

  

Total Loans

 
  

(In Thousands)

 
                 

Commercial, financial and agricultural

 $28,363  $-  $28,363   0.24%

Owner-occupied commercial

  3,021   -   3,021   0.03%

Other mortgage

  10,932   303   11,234   0.10%

Total

 $42,315  $303  $42,618   0.37%
  

Twelve Months Ended December 31, 2023

 
      

Total Payment

 
  

Term Extensions

  

Deferral

 
  

(In months)

  

(In Thousands)

 
Commercial, financial and agricultural  1 to 65   - 

Owner-occupied commercial

  3 to 60   49 

Other mortgage

  3 to 36   59 
  

Year Ended December 31, 2022

 
      

Pre-

  

Post-

 
      

Modification

  

Modification

 
      

Outstanding

  

Outstanding

 
  

Number of

  

Recorded

  

Recorded

 
  

Contracts

  

Investment

  

Investment

 
             
  

(In Thousands)

 

Troubled Debt Restructurings

            

Commercial, financial and agricultural

  3  $444  $444 

Real estate - construction

  -   -   - 

Real estate - mortgage:

            

Owner-occupied commercial

  -   -   - 

1-4 family mortgage

  -   -   - 

Other mortgage

  -   -   - 

Total real estate - mortgage

  -   -   - 

Consumer

  -   -   - 
   3  $444  $444 
Schedule of Changes in Related Party Loans [Table Text Block]
  

Years Ended December 31,

 
  

2023

  

2022

 
         
  

(In Thousands)

 

Balance, beginning of year

 $52,608  $51,180 

Advances

  67,106   103,513 

Repayments

  (79,883)  (102,085)

Balance, end of year

 $39,831  $52,608