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Note 6 - INCOME TAXES - Reconciliation of the Expected Federal Income Tax Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
INCOME TAXES        
Computed "expected" tax expense $ 6,650 $ 6,802 $ 12,509 $ 13,090
Tax exempt income, net (3,986) (3,182) (7,761) (6,398)
Bank-owned life insurance (622) (176) (804) (324)
State income taxes, net of federal benefit, current year 1,088 1,239 2,102 2,428
Tax credits 35      
Tax Credits   (32) (51) (209)
Income from tax credit equity investments (497) (478) (1,093) (891)
Excess tax benefit on stock options exercised and restricted stock awards vested (54) (46) (524) (444)
Other (60) (160) (652) (503)
Federal and state income tax expense $ 2,554 $ 3,967 $ 3,726 $ 6,749
Computed "expected" tax expense (in percentage) 21.00% 21.00% 21.00% 21.00%
Tax exempt income, net (in percentage) (12.60%) (9.80%) (13.00%) (10.30%)
Bank-owned life insurance (in percentage) (2.00%) (0.50%) (1.30%) (0.50%)
State income taxes, net of federal benefit, current year (in percentage) 3.40% 3.80% 3.50% 3.90%
Tax credits (in percentage)   (0.10%) (0.10%) (0.30%)
Tax credits (in percentage) 0.10%      
Income from tax credit equity investments (in percentage) (1.60%) (1.50%) (1.80%) (1.40%)
Excess tax benefit on stock options exercised and restricted stock awards vested (in percentage) (0.10%) (0.10%) (0.90%) (0.70%)
Other (in percentage) (0.10%) (0.60%) (1.10%) (0.90%)
Federal and state income tax expense (in percentage) 8.10% 12.20% 6.30% 10.80%