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Note 21 - Parent Corporation Only Financial Statements (Tables)

12 Months Ended

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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- Definition

Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Paragraph (a)
-Subsection 04

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Paragraph (a)
-Subsection 04

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Paragraph (a)
-Subsection 04

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

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