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Note 21 - Parent Corporation Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | (dollars in thousands) |
ASSETS |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 117,162 |  |  | $ | 133,648 |
Investment in subsidiaries |  |  | 1,179,342 |  |  |  | 1,111,520 |
Investment securities |  |  | 32,405 |  |  |  | 32,405 |
Equity securities |  |  | 4,218 |  |  |  | 725 |
Other assets |  |  | 699 |  |  |  | 699 |
Total assets |  | $ | 1,333,826 |  |  | $ | 1,278,997 |
LIABILITIES AND STOCKHOLDERS’ EQUITY |  |  |  |  |  |  |  |
Other liabilities |  |  | 1,820 |  |  |  | 1,834 |
Subordinated debentures, net |  |  | 153,255 |  |  |  | 152,951 |
Stockholders’ equity |  |  | 1,178,751 |  |  |  | 1,124,212 |
Total liabilities and stockholders’ equity |  | $ | 1,333,826 |  |  | $ | 1,278,997 |
Condensed Income Statement [Table Text Block] |
|  | For Years Ended December 31, |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | (dollars in thousands) |
Income: |  |  |  |  |  |  |  |  |  |  |  |
Dividend income from subsidiaries |  | $ | 36,475 |  |  | $ | 24,071 |  |  | $ | 15,200 |
Other income |  |  | 1,638 |  |  |  | 1,627 |  |  |  | 1,683 |
Total Income |  |  | 38,113 |  |  |  | 25,698 |  |  |  | 16,883 |
Expenses |  |  | (8,928 | ) |  |  | (8,741 | ) |  |  | (9,263 | )
Income before equity in undistributed earnings of subsidiaries |  |  | 29,185 |  |  |  | 16,957 |  |  |  | 7,620 |
Equity in undistributed earnings of subsidiaries |  |  | 96,026 |  |  |  | 113,396 |  |  |  | 63,669 |
Net Income |  |  | 125,211 |  |  |  | 130,353 |  |  |  | 71,289 |
Preferred dividends |  |  | 6,037 |  |  |  | 1,717 |  |  |  | - |
Net income available to common stockholders |  | $ | 119,174 |  |  | $ | 128,636 |  |  | $ | 71,289 |
Condensed Cash Flow Statement [Table Text Block] |
|  | For Years Ended December 31 |
|  | 2022 |  |  | 2021 |  |  | 2020 |
|  | (dollars in thousands) |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 125,211 |  |  | $ | 130,353 |  |  | $ | 71,289 |
Adjustments to reconcile net income to net cash provided by operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Equity in undistributed earnings of subsidiary |  |  | (96,026 | ) |  |  | (113,396 | ) |  |  | (63,669 | )
Loss on equity securities, net |  |  | 45 |  |  |  | 55 |  |  |  | - |
Amortization of subordinated debt issuance costs |  |  | 304 |  |  |  | 303 |  |  |  | 323 |
Decrease (increase) in other assets |  |  | - |  |  |  | 50,590 |  |  |  | (50,001 | )
Decrease in other liabilities |  |  | (14 | ) |  |  | (287 | ) |  |  | (391 | )
Net cash provided by (used in) operating activities |  |  | 29,520 |  |  |  | 67,618 |  |  |  | (42,449 | )
Cash flows from investing activities: |  |  |  |  |  |  |  |  |  |  |  |
Sale of equity securities |  |  | (3,538 | ) |  |  | (780 | ) |  |  | - |
Repayment of short-term borrowing |  |  | - |  |  |  | - |  |  |  | (3,000 | )
Net cash used in investing activities |  |  | (3,538 | ) |  |  | (780 | ) |  |  | (3,000 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from (repayment of) proceeds from subordinated debt |  |  | - |  |  |  | (50,000 | ) |  |  | 73,440 |
Cash dividends paid on preferred stock |  |  | (6,037 | ) |  |  | (1,717 | ) |  |  | - |
Cash dividends paid on common stock |  |  | (23,428 | ) |  |  | (17,493 | ) |  |  | (14,317 | )
Purchase of treasury stock |  |  | (13,127 | ) |  |  | (9,401 | ) |  |  | (911 | )
Proceeds from preferred stock offering |  |  | - |  |  |  | 110,927 |  |  |  | - |
Proceeds from exercise of stock options |  |  | 124 |  |  |  | 106 |  |  |  | 233 |
Net cash (used in) provided by financing activities |  |  | (42,468 | ) |  |  | 32,422 |  |  |  | 58,445 |
Decrease (increase) in cash and cash equivalents |  |  | (16,486 | ) |  |  | 99,260 |  |  |  | 12,996 |
Cash and cash equivalents as of January 1, |  |  | 133,648 |  |  |  | 34,388 |  |  |  | 21,392 |
Cash and cash equivalents as of December 31, |  | $ | 117,162 |  |  | $ | 133,648 |  |  | $ | 34,388 |

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