XML 137 R114.htm IDEA: XBRL DOCUMENT v3.25.0.1
Note 14 - Federal and State Income Taxes - Reconciliation of the Expected Federal Income Tax Expense (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Federal and State Income Taxes      
Computed "expected" tax expense $ 25,741 $ 26,590 $ 23,845
Tax exempt income, net (16,410) (13,823) (10,689)
Bank-owned life insurance (1,142) (875) (432)
State income taxes, net of federal benefit, current year 3,517 4,433 4,482
Change in unrecognized tax benefits 1,169 396 498
Provision adjustment from accounting method change (142) (247) (1,181)
Tax credits (2,717) (2,865) (1,362)
Acquisition costs     276
Excess tax benefit on stock options exercised and restricted stock awards vested (929) (464) (503)
Other (360) (83) (451)
Federal and state income tax expense $ 8,727 $ 13,062 $ 14,483
Computed "expected" tax expense (in percentage) 21.00% 21.00% 21.00%
Tax exempt income, net (in percentage) (13.40%) (10.90%) (9.40%)
Bank-owned life insurance (in percentage) (0.90%) (0.70%) (0.40%)
State income taxes, net of federal benefit, current year (in percentage) 2.90% 3.50% 3.90%
Change in unrecognized tax benefits (in percentage) 1.00% 0.30% 0.40%
Provision adjustment from accounting method change (in percentage) (0.10%) (0.20%) (1.00%)
Tax credits (in percentage) (2.30%) (2.30%) (1.20%)
Acquisition costs (in percentage)     0.20%
Excess tax benefit on stock options exercised and restricted stock awards vested (in percentage) (0.80%) (0.30%) (0.40%)
Other (in percentage) (0.30%) (0.10%) (0.40%)
Federal and state income tax expense (in percentage) 7.10% 10.30% 12.70%