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Note 20 - Dividends | 12 Months Ended
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Dec. 31, 2022
Notes to Financial Statements |
Restrictions on Dividends, Loans and Advances [Text Block] |
(20) | Dividends
Bancorp’s principal source of cash revenue is dividends paid to it as the sole shareholder of the Bank. At any balance sheet date, the Bank’s regulatory dividend restriction represents the Bank’s net income of the current year plus the prior two years less any dividends paid for the same time period. At December 31, 2022, the Bank may pay an amount equal to $110 million in dividends to Bancorp without regulatory approval subject to ongoing capital requirements of the Bank.

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- Definition The entire disclosure for a banking or savings institution's compliance during the year with (a) federal and state laws and regulations relative to dividend restrictions and (b) federal laws and regulations relative to insider loans. + References No definition available. + Details
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