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Note 17 - Stockholders' Equity | 3 Months Ended
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Mar. 31, 2024
Notes to Financial Statements |
Equity [Text Block] | 17. Stockholders’ Equity Total equity was $2.78 billion as of March 31, 2024, an increase of $41.5 million, from $2.74 billion as of December 31, 2023, primarily due to net income of $71.4 million, stock-based compensation of $0.9 million, proceeds from dividend reinvestment of $0.7 million, and purchase of treasury stock of $8 thousand, offset by, common stock cash dividends of $24.7 million, other comprehensive loss of $6.9 million, and shares withheld related to net share settlement of RSUs of $24 thousand. Activity in accumulated other comprehensive income/(loss), net of tax, and reclassification out of accumulated other comprehensive income/(loss) for the three months ended March 31, 2024, and March 31, 2023, was as follows:
|  | Three Months Ended March 31, 2024 |  |  | Three Months Ended March 31, 2023 |
|  | Pre-tax |  |  | Tax expense/ (benefit) |  |  | Net-of-tax |  |  | Pre-tax |  |  | Tax expense/ (benefit) |  |  | Net-of-tax |
|  | (In thousands) |
Beginning balance, gain/(loss), net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities AFS |  |  |  |  |  |  |  |  |  | $ | (86,190 | ) |  |  |  |  |  |  |  |  |  | $ | (104,832 | )
Cash flow hedge derivatives |  |  |  |  |  |  |  |  |  |  | 774 |  |  |  |  |  |  |  |  |  |  |  | 2,537 |
Total |  |  |  |  |  |  |  |  |  | $ | (85,416 | ) |  |  |  |  |  |  |  |  |  | $ | (102,295 | )
Net unrealized gains/(losses) arising during the period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities AFS |  | $ | (8,010 | ) |  | $ | (2,368 | ) |  | $ | (5,642 | ) |  | $ | 13,552 |  |  | $ | 4,006 |  |  | $ | 9,546 |
Cash flow hedge derivatives |  |  | (626 | ) |  |  | (185 | ) |  |  | (441 | ) |  |  | (626 | ) |  |  | (185 | ) |  |  | (441 | )
Total |  | $ | (8,636 | ) |  | $ | (2,553 | ) |  | $ | (6,083 | ) |  | $ | 12,926 |  |  | $ | 3,821 |  |  | $ | 9,105 |
Reclassification adjustment for net losses in net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities AFS |  | $ | (1,107 | ) |  | $ | (327 | ) |  | $ | (780 | ) |  | $ | 3,000 |  |  | $ | 887 |  |  | $ | 2,113 |
Cash flow hedge derivatives |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  |  | (1,107 | ) |  |  | (327 | ) |  |  | (780 | ) |  |  | 3,000 |  |  |  | 887 |  |  |  | 2,113 |
Total other comprehensive income/(loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities AFS |  | $ | (9,117 | ) |  | $ | (2,695 | ) |  | $ | (6,422 | ) |  | $ | 16,552 |  |  | $ | 4,893 |  |  | $ | 11,659 |
Cash flow hedge derivatives |  |  | (626 | ) |  |  | (185 | ) |  |  | (441 | ) |  |  | (626 | ) |  |  | (185 | ) |  |  | (441 | )
Total |  | $ | (9,743 | ) |  | $ | (2,880 | ) |  | $ | (6,863 | ) |  | $ | 15,926 |  |  | $ | 4,708 |  |  | $ | 11,218 |
Ending balance, gain/(loss), net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities AFS |  |  |  |  |  |  |  |  |  | $ | (92,612 | ) |  |  |  |  |  |  |  |  |  | $ | (93,173 | )
Cash flow hedge derivatives |  |  |  |  |  |  |  |  |  |  | 333 |  |  |  |  |  |  |  |  |  |  |  | 2,096 |
Total |  |  |  |  |  |  |  |  |  | $ | (92,279 | ) |  |  |  |  |  |  |  |  |  | $ | (91,077 | )

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