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Note 3 - Bank Acquisitions - Summary of Assets Acquired and Liabilities Assumed (Details) - USD ($)
 12 Months Ended
Mar. 07, 2022
May 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Jun. 01, 2021
Dec. 31, 2019
Goodwill, Ending Balance     $ 194,074,000 $ 135,830,000 $ 12,513,000   $ 12,513,000
Cash consideration paid     30,994,000 28,276,000 0    
Business Combination, Consideration Transferred, Total     167,913,000 232,946,000 0    
Goodwill     66,694,000 124,016,000 0    
Cash paid in acquisition     30,994,000 28,276,000 0    
Total consideration paid     167,913,000 232,946,000 $ 0    
Commonwealth [Member]              
Mortgage loans held for sale $ 3,559,000            
Available for sale debt securities 84,974,000            
Held to maturity debt securities [1] 161,819,000            
Federal Home Loan Bank stock, at cost 4,436,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Gross 632,404,000            
Allowance for credits losses on loans (9,950,000)            
Net loans 622,454,000            
Premises and equipment, net 32,793,000            
Accrued interest receivable 1,973,000            
Goodwill, Ending Balance 67,000,000   58,244,000 0      
Mortgage servicing rights 12,676,000            
Deferred income taxes, net (3,727,000)            
Other assets 8,324,000            
Total assets acquired 1,336,815,000            
Non-interest bearing 302,098,000            
Interest bearing 818,705,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits 1,120,803,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Securities Sold under Repurchase Agreement 66,220,000            
Subordinated debentures 26,012,000            
Line of credit 3,200,000            
Accrued interest payable 243,000            
Other liabilities 19,118,000            
Total liabilities assumed 1,235,596,000            
Net assets acquired 101,219,000            
Consideration for common stock 133,825,000            
Cash consideration paid 30,994,000            
Noncontrolling interest of acquired entity 3,094,000            
Business Combination, Consideration Transferred, Total 167,913,000            
Goodwill 66,694,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities 247,000,000            
Deferred income taxes, net 3,727,000            
Consideration for common stock 133,825,000            
Cash paid in acquisition 30,994,000            
Total consideration paid 167,913,000            
Commonwealth [Member] | Core Deposits [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 12,724,000            
Commonwealth [Member] | Customer Lists [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 14,360,000            
Commonwealth [Member] | Cash [Member]              
Cash and due from banks 380,450,000            
Commonwealth [Member] | As Recorded By Acquiree [Member]              
Mortgage loans held for sale 3,559,000            
Available for sale debt securities 247,209,000            
Held to maturity debt securities [1] 0            
Federal Home Loan Bank stock, at cost 4,436,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Gross 645,551,000            
Allowance for credits losses on loans (16,102,000)            
Net loans 629,449,000            
Premises and equipment, net 28,784,000            
Accrued interest receivable 1,973,000            
Goodwill, Ending Balance 5,412,000            
Mortgage servicing rights 9,387,000            
Deferred income taxes, net 0            
Other assets 9,389,000            
Total assets acquired 1,320,048,000            
Non-interest bearing 302,098,000            
Interest bearing 818,334,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits 1,120,432,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Securities Sold under Repurchase Agreement 66,220,000            
Subordinated debentures 26,806,000            
Line of credit 3,200,000            
Accrued interest payable 243,000            
Other liabilities 17,822,000            
Total liabilities assumed 1,234,723,000            
Net assets acquired 85,325,000            
Deferred income taxes, net (0)            
Commonwealth [Member] | As Recorded By Acquiree [Member] | Core Deposits [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 0            
Commonwealth [Member] | As Recorded By Acquiree [Member] | Customer Lists [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles 0            
Commonwealth [Member] | As Recorded By Acquiree [Member] | Cash [Member]              
Cash and due from banks 380,450,000            
Commonwealth [Member] | As Adjusted By Acquirer [Member]              
Mortgage loans held for sale [2] 0            
Available for sale debt securities [2],[3] (416,000)            
Held to maturity debt securities [1],[2],[3] 0            
Federal Home Loan Bank stock, at cost [2] 0            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Gross [2],[4] (13,147,000)            
Allowance for credits losses on loans [2],[5] 6,152,000            
Net loans [2] (6,995,000)            
Premises and equipment, net [2],[6] 4,009,000            
Accrued interest receivable [2] 0            
Goodwill, Ending Balance [2],[7] (5,412,000)            
Mortgage servicing rights [2],[8] 3,289,000            
Deferred income taxes, net [2],[9] (3,727,000)            
Other assets [2],[10] (1,065,000)            
Total assets acquired [2] 16,767,000            
Non-interest bearing [2] 0            
Interest bearing [2],[11] 371,000            
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits [2] 371,000            
Subordinated debentures [2],[12] (794,000)            
Line of credit [2] 0            
Accrued interest payable [2] 0            
Other liabilities [2],[13] 1,296,000            
Total liabilities assumed [2] 873,000            
Net assets acquired [2] 15,894,000            
Deferred income taxes, net [2],[9] 3,727,000            
Commonwealth [Member] | As Adjusted By Acquirer [Member] | Core Deposits [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles [2],[14] 12,724,000            
Commonwealth [Member] | As Adjusted By Acquirer [Member] | Customer Lists [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles [2],[15] 14,360,000            
Commonwealth [Member] | As Adjusted By Acquirer [Member] | Cash [Member]              
Cash and due from banks [2] 0            
Commonwealth [Member] | Classification Adjustments [Member]              
Available for sale debt securities [1] (161,819,000)            
Held to maturity debt securities [1] $ 161,819,000            
Kentucky Bancshares [Member]              
Mortgage loans held for sale   $ 3,071,000          
Federal Home Loan Bank stock, at cost   7,072,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Gross   755,175,000          
Allowance for credits losses on loans   (6,757)       $ (6,757,000)  
Net loans   748,418,000          
Premises and equipment, net   21,040,000          
Accrued interest receivable   4,939,000          
Goodwill, Ending Balance     $ 123,317,000 123,317,000      
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   4,403,000          
Mortgage servicing rights   1,662,000          
Deferred income taxes, net   (2,341,000)          
Other assets   4,485,000          
Total assets acquired   1,266,010,000          
Non-interest bearing   359,544,000          
Interest bearing   679,674,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits   1,039,218,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Securities Sold under Repurchase Agreement   11,360,000          
Accrued interest payable   505,000          
Other liabilities   14,227,000          
Total liabilities assumed   1,156,381,000          
Net assets acquired   109,629,000          
Consideration for common stock   204,670,000          
Cash consideration paid   28,276,000          
Business Combination, Consideration Transferred, Total   232,946,000          
Goodwill   123,317,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities   395,862,000          
Bank owned life insurance   18,909,000          
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles [16],[17]   999,000          
Other real estate owned   551,000          
Deferred income taxes, net   2,341,000          
Deferred income taxes, net [9],[17]   (230,000)          
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Prepaid and Other Assets   (70,000) [17],[18]   (70,000)      
Total assets acquired, adjustment [17]   699,000          
Federal Home Loan Bank advances   91,071,000          
Consideration for common stock   204,670,000          
Cash paid in acquisition   28,276,000          
Total consideration paid   232,946,000          
Kentucky Bancshares [Member] | Core Deposits [Member]              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   4,000,000          
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Intangibles       $ 999,000      
Kentucky Bancshares [Member] | Cash [Member]              
Cash and due from banks   53,257,000          
Kentucky Bancshares [Member] | As Recorded By Acquiree [Member]              
Mortgage loans held for sale   3,071,000          
Federal Home Loan Bank stock, at cost   7,072,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Gross   755,932,000          
Allowance for credits losses on loans   (9,491)       (9,491,000)  
Net loans   746,441,000          
Premises and equipment, net   27,401,000          
Accrued interest receivable   4,939,000          
Goodwill, Ending Balance   14,001,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles   0          
Mortgage servicing rights   1,628,000          
Deferred income taxes, net   (1,856,000)          
Other assets   6,421,000          
Total assets acquired   1,281,827,000          
Non-interest bearing   359,544,000          
Interest bearing   678,528,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits   1,038,072,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Securities Sold under Repurchase Agreement   11,360,000          
Accrued interest payable   505,000          
Other liabilities   16,231,000          
Total liabilities assumed   1,154,749,000          
Net assets acquired   127,078,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities   396,157,000          
Bank owned life insurance   18,909,000          
Other real estate owned   674,000          
Deferred income taxes, net   1,856,000          
Federal Home Loan Bank advances   88,581,000          
Kentucky Bancshares [Member] | As Recorded By Acquiree [Member] | Cash [Member]              
Cash and due from banks   53,257,000          
Kentucky Bancshares [Member] | As Adjusted By Acquirer [Member]              
Mortgage loans held for sale [17]   0          
Federal Home Loan Bank stock, at cost [17]   0          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Loans, Gross   (757,000) [17],[19]       (757,000)  
Allowance for credits losses on loans   2,734 [17],[20]       $ 2,734,000  
Net loans [17]   1,977,000          
Premises and equipment, net [6],[17]   (6,361,000)          
Accrued interest receivable [17]   0          
Goodwill, Ending Balance [17],[21]   (14,001,000)          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles [16],[17]   3,404,000          
Mortgage servicing rights [17],[22]   34,000          
Deferred income taxes, net [9],[17]   (715,000)          
Other assets [17],[18]   (1,866,000)          
Total assets acquired [17]   (16,516,000)          
Non-interest bearing [17]   0          
Interest bearing [11],[17]   1,146,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deposits [17]   1,146,000          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Securities Sold under Repurchase Agreement [17]   0          
Accrued interest payable [17]   0          
Other liabilities [17],[23]   (2,004,000)          
Total liabilities assumed [17]   1,632,000          
Net assets acquired [17]   (18,148,000)          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities [17],[24]   (295,000)          
Bank owned life insurance [17]   0          
Other real estate owned [17],[25]   (123,000)          
Deferred income taxes, net [9],[17]   715,000          
Federal Home Loan Bank advances [17],[26]   2,490,000          
Kentucky Bancshares [Member] | As Adjusted By Acquirer [Member] | Cash [Member]              
Cash and due from banks [17]   $ 0          
[1] As of acquisition date, securities with a fair value of $162 million were classified by Bancorp as HTM.
[2] See the following page for explanations for individual fair value adjustments
[3] Adjustment to investment securities based on Bancorp’s evaluation of the acquired portfolio.
[4] Adjustments to loans to reflect estimated fair value adjustments, including the following: (in thousands) Fair value adjustment - acquired non PCD loans $ (9,216 ) Fair value adjustment - acquired PCD loans (4,094 ) Eliminate unrecognized loan fees on acquired loans and fair value hedge 163 Net loan fair value adjustments $ (13,147 )
[5] The net adjustment to allowance for credit losses includes the following: (in thousands) Reversal of historical CB allowance for credit losses on loans $ (16,102 ) Estimate of lifetime credit losses for PCD loans 9,950 Net change in allowance for credit losses $ (6,152 )
[6] Adjustment to premises and equipment to reflect the estimated fair value of acquired premises and equipment and right of use assets.
[7] Elimination of the historical CB goodwill.
[8] Adjustment to reflect the estimated fair value of MSRs.
[9] Adjustment to net DTAs associated with the effects of the purchase accounting adjustments.
[10] Adjustment to other assets to reflect the estimated fair value of prepaid and other assets.
[11] Adjustment to deposits to reflect the estimated fair value of time deposits in interest rates, which was based on an analysis of market interest rates and maturity dates at the time of acquisition.
[12] Adjustment to reflect the estimated fair value of subordinated debentures for differences in interest rates, which was based primarily on an analysis of market interest rates and maturity dates at the time of acquisition.
[13] Adjustment to other liabilities to establish the reserve for unfunded loan commitments under CECL, operating lease liabilities and various accrual adjustments.
[14] Calculation of CDI related to the acquisition.
[15] Calculation of CLI related to the acquisition.
[16] Calculation of CDI related to the acquisition. During the third quarter of 2021, a provisional period adjustment of $999,000 was recorded based on revised inputs used in the CDI calculation.
[17] See the following page for explanations or individual fair value and provisional period adjustments.
[18] Adjustment to other assets to reflect the estimated fair value of prepaid and other assets. During the third quarter of 2021, a provisional period adjustment of $70,000 was recorded for the write off of miscellaneous mortgage servicing fees.
[19] Adjustments to loans to reflect estimated fair value adjustments, including the following: (in thousands) Fair value adjustment - acquired non PCD loans $ 228 Fair value adjustment - acquired PCD loans (735 ) Eliminate unrecognized loan fees on acquired loans and fair value hedge (250 ) Net loan fair value adjustments $ (757 )
[20] The net adjustment to allowance for credit losses includes the following: (in thousands) Reversal of historical KB allowance for credit losses on loans $ 9,491 Estimate of lifetime credit losses for PCD loans (6,757 ) Net change in allowance for credit losses $ 2,734
[21] Elimination of the historical KB goodwill.
[22] Adjustment to reflect the estimated fair value of mortgage servicing rights.
[23] Adjustment to other liabilities to establish the reserve for unfunded loan commitments under CECL and various accrual adjustments.
[24] Adjustment based on Bancorp’s evaluation of the acquired investment portfolio. Bancorp sold approximately $91 million in AFS debt securities shortly after acquisition.
[25] Adjustment to reflect the estimated fair value of other real estate owned.
[26] Adjustment to reflect the estimated fair value of Federal Home Loan Bank advances for differences in interest rates, which was based primarily on an analysis of current market interest rates and maturity dates. All KB FHLB advances were paid off immediately upon acquisition.