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Note 22 - Parent Company Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
CONDENSED BALANCE SHEETS |
(In Thousands) |
|  | December 31, 2024 |  |  | December 31, 2023 |
ASSETS |  |  |  |  |  |  |  |
Cash and due from banks |  | $ | 22,584 |  |  | $ | 20,014 |
Investment in subsidiary |  |  | 1,675,847 |  |  |  | 1,501,777 |
Other assets |  |  | 864 |  |  |  | 557 |
Total assets |  | $ | 1,699,295 |  |  | $ | 1,522,348 |
LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |  |  |  |  |  |
Liabilities: |  |  |  |  |  |  |  |
Other borrowings |  | $ | 64,743 |  |  | $ | 64,735 |
Other liabilities |  |  | 18,280 |  |  |  | 17,708 |
Total liabilities |  |  | 83,023 |  |  |  | 82,443 |
Stockholders' equity: |  |  |  |  |  |  |  |
Preferred stock, par value $0.001 per share; 1,000,000 authorized and undesignated at December 31, 2024 and December 31, 2023 |  |  | - |  |  |  | - |
Common stock, par value $0.001 per share; 200,000,000 shares authorized: 54,569,427 shares issued and outstanding at December 31, 2024; and 54,461,580 shares issued and outstanding at December 31, 2023 |  |  |  |  |  |  |  |
at December 31, 2021 |  |  | 54 |  |  |  | 54 |
Additional paid-in capital |  |  | 235,781 |  |  |  | 232,605 |
Retained earnings |  |  | 1,412,616 |  |  |  | 1,254,841 |
Accumulated other comprehensive loss |  |  | (32,179 | ) |  |  | (47,595 | )
Total stockholders' equity |  |  | 1,616,272 |  |  |  | 1,439,905 |
Total liabilities and stockholders' equity |  | $ | 1,699,295 |  |  | $ | 1,522,348 |
Condensed Income Statement [Table Text Block] |
CONDENSED STATEMENTS OF INCOME |
FOR THE YEARS ENDED DECEMBER 31, 2024, 2023, and 2022. |
(In Thousands) |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Income: |  |  |  |  |  |  |  |  |  |  |  |
Dividends received from subsidiary |  | $ | 71,887 |  |  | $ | 62,500 |  |  | $ | 57,500 |
Other income |  |  | 92 |  |  |  | 44 |  |  |  | - |
Total income |  |  | 71,979 |  |  |  | 62,544 |  |  |  | 57,500 |
Expense: |  |  |  |  |  |  |  |  |  |  |  |
Other expenses |  |  | 2,683 |  |  |  | 2,829 |  |  |  | 2,822 |
Total expenses |  |  | 2,683 |  |  |  | 2,829 |  |  |  | 2,822 |
Equity in undistributed earnings of subsidiary |  |  | 157,884 |  |  |  | 147,076 |  |  |  | 196,764 |
Net income |  |  | 227,180 |  |  |  | 206,791 |  |  |  | 251,442 |
Dividends on preferred stock |  |  | - |  |  |  | - |  |  |  | - |
Net income available to common stockholders |  | $ | 227,180 |  |  | $ | 206,791 |  |  | $ | 251,442 |
Condensed Cash Flow Statement [Table Text Block] |
STATEMENTS OF CASH FLOW |
FOR THE YEARS ENDED DECEMBER 31, 2024, 2023, and 2022. |
(In Thousands) |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Operating activities |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 227,180 |  |  | $ | 206,791 |  |  | $ | 251,442 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Other |  |  | (1,374 | ) |  |  | 2,227 |  |  |  | (290 | )
Equity in undistributed earnings of subsidiary |  |  | (157,887 | ) |  |  | (147,076 | ) |  |  | (197,221 | )
Net cash provided by operating activities |  |  | 67,919 |  |  |  | 61,942 |  |  |  | 53,931 |
Investing activities |  |  |  |  |  |  |  |  |  |  |  |
Other |  |  | - |  |  |  | (300 | ) |  |  | 750 |
Net cash used in investing activities |  |  | - |  |  |  | (300 | ) |  |  | 750 |
Financing activities |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of subordinated notes |  |  | - |  |  |  | - |  |  |  | - |
Redemption of subordinated notes |  |  | - |  |  |  | - |  |  |  | - |
Dividends paid on common stock |  |  | (65,412 | ) |  |  | (60,923 | ) |  |  | (49,942 | )
Net cash used in financing activities |  |  | (65,412 | ) |  |  | (60,923 | ) |  |  | (49,942 | )
Net change in cash and cash equivalents |  |  | 2,570 |  |  |  | 722 |  |  |  | 4,739 |
Cash and cash equivalents at beginning of year |  |  | 20,014 |  |  |  | 19,292 |  |  |  | 14,553 |
Cash and cash equivalents at end of year |  | $ | 22,521 |  |  | $ | 20,014 |  |  | $ | 19,292 |

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