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Note 3 - Loans and Allowance for Credit Losses (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
                  

Percent

 
  

March 31, 2024

  

December 31, 2023

  

Increase

 

(Dollars in thousands)

 Balance  %  Balance  %  (Decrease) 
                     

Commercial:

                    

Commercial and industrial

 $1,222,637   28.3% $1,254,586   29.2%  (2.5)%

Vacant land, land development, and residential construction

  75,091   1.7   74,753   1.7   0.5 

Real estate – owner occupied

  719,338   16.6   717,667   16.7   0.2 

Real estate – non-owner occupied

  1,045,615   24.2   1,035,684   24.1   1.0 

Real estate – multi-family and residential rental

  366,961   8.5   332,609   7.7   10.3 

Total commercial

  3,429,642   79.3   3,415,299   79.4   0.4 
                     

Retail:

                    

1-4 family mortgages

  840,653   19.5   837,406   19.5   0.4 

Other consumer loans

  51,711   1.2   51,053   1.1   1.3 

Total retail

  892,364   20.7   888,459   20.6   0.4 
                     

Total loans

 $4,322,006   100.0% $4,303,758   100.0%  0.4%
Financing Receivable, Past Due [Table Text Block]
                          

Recorded

 
          

Greater

              

Balance

 
  3059  6089  

Than 89

              

> 89

 
  

Days

  

Days

  

Days

  

Total

      

Total

  

Days and

 

(Dollars in thousands)

 Past Due  Past Due  Past Due  Past Due  Current  Loans  Accruing 
                             

Commercial:

                            

Commercial and industrial

 $16  $0  $249  $265  $1,222,372  $1,222,637  $0 

Vacant land, land development, and residential construction

  0   0   0   0   75,091   75,091   0 

Real estate – owner occupied

  0   0   0   0   719,338   719,338   0 

Real estate – non- owner occupied

  0   0   0   0   1,045,615   1,045,615   0 

Real estate – multi-family and residential rental

  0   0   0   0   366,961   366,961   0 

Total commercial

  16   0   249   265   3,429,377   3,429,642   0 
                             

Retail:

                            

1-4 family mortgages

  508   71   165   744   839,909   840,653   0 

Other consumer loans

  37   0   27   64   51,647   51,711   0 

Total retail

  545   71   192   808   891,556   892,364   0 
                             

Total past due loans

 $561  $71  $441  $1,073  $4,320,933  $4,322,006  $0 
                          

Recorded

 
          

Greater

              

Balance

 
  3059  6089  

Than 89

              

> 89

 
  

Days

  

Days

  

Days

  

Total

      

Total

  

Days and

 

(Dollars in thousands)

 Past Due  Past Due  Past Due  Past Due  Current  Loans  Accruing 
                             

Commercial:

                            

Commercial and industrial

 $4  $0  $249  $253  $1,254,333  $1,254,586  $0 

Vacant land, land development, and residential construction

  0   0   0   0   74,753   74,753   0 

Real estate – owner occupied

  0   0   70   70   717,597   717,667   0 

Real estate – non-owner occupied

  0   0   0   0   1,035,684   1,035,684   0 

Real estate – multi-family and residential rental

  0   0   0   0   332,609   332,609   0 

Total commercial

  4   0   319   323   3,414,976   3,415,299   0 
                             

Retail:

                            

1-4 family mortgages

  934   145   38   1,117   836,289   837,406   0 

Other consumer loans

  97   0   0   97   50,956   51,053   0 

Total retail

  1,031   145   38   1,214   887,245   888,459   0 
                             

Total past due loans

 $1,035  $145  $357  $1,537  $4,302,221  $4,303,758  $0 
Financing Receivable, Nonaccrual [Table Text Block]
  Recorded    
  

Principal

  

Related

 

(Dollars in thousands)

 Balance  Allowance 

With no allowance recorded:

        

Commercial:

        

Commercial and industrial

 $16  $0 

Vacant land, land development and residential construction

  0   0 

Real estate – owner occupied

  0   0 

Real estate – non-owner occupied

  0   0 

Real estate – multi-family and residential rental

  0   0 

Total commercial

  16   0 
         

Retail:

        

1-4 family mortgages

  2,431   0 

Other consumer loans

  27   0 

Total retail

  2,458   0 
         

Total with no allowance recorded

 $2,474  $0 
         

With an allowance recorded:

        

Commercial:

        

Commercial and industrial

 $2,652  $2,050 

Vacant land, land development and residential construction

  0   0 

Real estate – owner occupied

  0   0 

Real estate – non-owner occupied

  0   0 

Real estate – multi-family and residential rental

  0   0 

Total commercial

  2,652   2,050 
         

Retail:

        

1-4 family mortgages

  805   221 

Other consumer loans

  108   108 

Total retail

  913   329 
         

Total with an allowance recorded

 $3,565  $2,379 
         

Total nonaccrual loans:

        

Commercial

 $2,668  $2,050 

Retail

  3,371   329 

Total nonaccrual loans

 $6,039  $2,379 
  Recorded    
  

Principal

  

Related

 

(Dollars in thousands)

 Balance  Allowance 

With no allowance recorded:

        

Commercial:

        

Commercial and industrial

 $0  $0 

Vacant land, land development and residential construction

  0   0 

Real estate – owner occupied

  70   0 

Real estate – non-owner occupied

  0   0 

Real estate – multi-family and residential rental

  0   0 

Total commercial

  70   0 
         

Retail:

        

1-4 family mortgages

  2,272   0 

Other consumer loans

  0   0 

Total retail

  2,272   0 
         

Total with no allowance recorded

 $2,342  $0 
         

With an allowance recorded:

        

Commercial:

        

Commercial and industrial

 $249  $1 

Vacant land, land development and residential construction

  0   0 

Real estate – owner occupied

  0   0 

Real estate – non-owner occupied

  0   0 

Real estate – multi-family and residential rental

  0   0 

Total commercial

  249   1 
         

Retail:

        

1-4 family mortgages

  824   240 

Other consumer loans

  0   0 

Total retail

  824   240 
         

Total with an allowance recorded

 $1,073  $241 
         

Total nonaccrual loans:

        

Commercial

 $319  $1 

Retail

  3,096   240 

Total nonaccrual loans

 $3,415  $241 
Financing Receivable by Origination Year [Table Text Block]
                              

Revolving

  

Grand

 

(Dollars in thousands)

 2024  2023  2022  2021  2020  Prior  Term Total  Loans  Total 

Commercial:

                                    

Commercial and Industrial:

                                    

Grades 1 – 4

 $27,101  $96,301  $69,429  $82,590  $18,922  $12,501  $306,844  $392,847  $699,691 

Grades 5 – 7

  22,011   152,270   50,958   15,246   16,947   8,116   265,548   233,465   499,013 

Grades 8 – 9

  3,608   314   1,968   290   0   0   6,180   17,753   23,933 

Total

 $52,720  $248,885  $122,355  $98,126  $35,869  $20,617  $578,572  $644,065  $1,222,637 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $6  $6 
                                     

Vacant Land, Land Development and Residential Construction:

                                    

Grades 1 – 4

 $6,294  $19,799  $3,727  $604  $189  $270  $30,883  $0  $30,883 

Grades 5 – 7

  7,269   16,830   19,371   134   2   594   44,200   0   44,200 

Grades 8 – 9

  0   8   0   0   0   0   8   0   8 

Total

 $13,563  $36,637  $23,098  $738  $191  $864  $75,091  $0  $75,091 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 
                                     

Real Estate – Owner Occupied:

                                    

Grades 1 – 4

 $25,025  $198,247  $108,314  $82,699  $45,264  $14,792  $474,341  $0  $474,341 

Grades 5 – 7

  18,703   96,197   60,108   26,866   22,119   8,604   232,597   11,972   244,569 

Grades 8 – 9

  0   0   391   0   37   0   428   0   428 

Total

 $43,728  $294,444  $168,813  $109,565  $67,420  $23,396  $707,366  $11,972  $719,338 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 
                                     

Real Estate – Non-Owner Occupied:

                                    

Grades 1 – 4

 $22,924  $104,075  $84,362  $112,211  $100,079  $30,405  $454,056  $0  $454,056 

Grades 5 – 7

  83,233   220,686   89,221   79,662   87,033   20,946   580,781   0   580,781 

Grades 8 – 9

  0   10,778   0   0   0   0   10,778   0   10,778 

Total

 $106,157  $335,539  $173,583  $191,873  $187,112  $51,351  $1,045,615  $0  $1,045,615 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 
                                     

Real Estate – Multi-Family and Residential Rental:

                                    

Grades 1 – 4

 $454  $41,659  $10,860  $65,700  $34,642  $8,054  $161,369  $0  $161,369 

Grades 5 – 7

  3,309   96,528   75,412   4,556   8,854   4,672   193,331   49   193,380 

Grades 8 – 9

  0   11,225   0   0   987   0   12,212   0   12,212 

Total

 $3,763  $149,412  $86,272  $70,256  $44,483  $12,726  $366,912  $49  $366,961 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 

Total Commercial

 $219,931  $1,064,917  $574,121  $470,558  $335,075  $108,954  $2,773,556  $656,086  $3,429,642 

Total Commercial year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $6  $6 
                                     

Retail:

                                    

1-4 Family Mortgages:

                                    

Performing

 $11,675  $138,657  $326,965  $225,658  $78,013  $56,449  $837,417  $0  $837,417 

Nonperforming

  0   101   1,660   268   0   1,207   3,236   0   3,236 

Total

 $11,675  $138,758  $328,625  $225,926  $78,013  $57,656  $840,653  $0  $840,653 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 
                                     

Other Consumer Loans:

                                    

Performing

 $1,653  $4,553  $2,237  $1,311  $522  $1,179  $11,455  $40,121  $51,576 

Nonperforming

  108   0   0   0   0   0   108   27   135 

Total

 $1,761  $4,553  $2,237  $1,311  $522  $1,179  $11,563  $40,148  $51,711 

Year-to-date gross write offs

 $0  $1  $0  $8  $0  $0  $9  $0  $9 

Total Retail

 $13,436  $143,311  $330,862  $227,237  $78,535  $58,835  $852,216  $40,148  $892,364 

Total Retail year-to-date gross write offs

 $0  $1  $0  $8  $0  $0  $9  $0  $9 

Total

 $233,367  $1,208,228  $904,983  $697,795  $413,610  $167,789  $3,625,772  $696,234  $4,322,006 

Total year-to-date gross write offs

 $0  $1  $0  $8  $0  $0  $9  $6  $15 
                              

Revolving

  

Grand

 

(Dollars in thousands)

 2023  2022  2021  2020  2019  Prior  Term Total  Loans  Total 

Commercial:

                                    

Commercial and Industrial:

                                    

Grades 1 – 4

 $103,531  $79,883  $90,107  $20,577  $5,978  $9,160  $309,236  $414,920  $724,156 

Grades 5 – 7

  174,668   57,979   20,075   18,361   7,450   119   278,652   227,155   505,807 

Grades 8 – 9

  3,671   2,122   277   0   0   0   6,070   18,553   24,623 

Total

 $281,870  $139,984  $110,459  $38,938  $13,428  $9,279  $593,958  $660,628  $1,254,586 

Year-to-date gross write offs

 $0  $36  $0  $0  $0  $0  $36  $0  $36 
                                     

Vacant Land, Land Development and Residential Construction:

                                    

Grades 1 – 4

 $24,875  $6,570  $1,108  $2,110  $0  $281  $34,944  $0  $34,944 

Grades 5 – 7

  17,799   21,244   138   2   40   496   39,719   0   39,719 

Grades 8 – 9

  9   0   0   0   0   81   90   0   90 

Total

 $42,683  $27,814  $1,246  $2,112  $40  $858  $74,753  $0  $74,753 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 
                                     

Real Estate – Owner Occupied:

                                    

Grades 1 – 4

 $205,379  $110,130  $85,982  $47,630  $14,362  $2,908  $466,391  $1,948  $468,339 

Grades 5 – 7

  111,197   63,271   27,729   27,029   9,419   439   239,084   9,718   248,802 

Grades 8 – 9

  0   417   0   38   0   71   526   0   526 

Total

 $316,576  $173,818  $113,711  $74,697  $23,781  $3,418  $706,001  $11,666  $717,667 

Year-to-date gross write offs

 $0  $14  $0  $0  $0  $0  $14  $0  $14 
                                     

Real Estate – Non-Owner Occupied:

                                    

Grades 1 – 4

 $109,125  $84,912  $113,846  $102,279  $27,664  $13,193  $451,019  $0  $451,019 

Grades 5 – 7

  233,471   118,464   109,238   88,315   6,148   18,135   573,771   0   573,771 

Grades 8 – 9

  10,894   0   0   0   0   0   10,894   0   10,894 

Total

 $353,490  $203,376  $223,084  $190,594  $33,812  $31,328  $1,035,684  $0  $1,035,684 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 
                                     

Real Estate – Multi-Family and Residential Rental:

                                    

Grades 1 – 4

 $36,038  $28,512  $64,244  $35,129  $4,883  $3,649  $172,455  $0  $172,455 

Grades 5 – 7

  72,916   55,964   4,816   9,372   2,699   2,136   147,903   0   147,903 

Grades 8 – 9

  11,250   0   0   1,001   0   0   12,251   0   12,251 

Total

 $120,204  $84,476  $69,060  $45,502  $7,582  $5,785  $332,609  $0  $332,609 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $0  $0  $0  $0 

Total Commercial

 $1,114,823  $629,468  $517,560  $351,843  $78,643  $50,668  $2,743,005  $672,294  $3,415,299 

Total Commercial year-to-date gross write offs

 $0  $50  $0  $0  $0  $0  $50  $0  $50 
                                     

Retail:

                                    

1-4 Family Mortgages:

                                    

Performing

 $133,823  $332,098  $231,842  $82,002  $10,515  $44,003  $834,283  $27  $834,310 

Nonperforming

  108   1,728   305   0   10   945   3,096   0   3,096 

Total

 $133,931  $333,826  $232,147  $82,002  $10,525  $44,948  $837,379  $27  $837,406 

Year-to-date gross write offs

 $0  $0  $0  $0  $0  $42  $42  $0  $42 
                                     

Other Consumer Loans:

                                    

Performing

 $5,138  $2,569  $1,664  $608  $651  $716  $11,346  $39,707  $51,053 

Nonperforming

  0   0   0   0   0   0   0   0   0 

Total

 $5,138  $2,569  $1,664  $608  $651  $716  $11,346  $39,707  $51,053 

Year-to-date gross write offs

 $0  $3  $0  $0  $0  $1  $4  $10  $14 

Total Retail

 $139,069  $336,395  $233,811  $82,610  $11,176  $45,664  $848,725  $39,734  $888,459 

Total Retail year-to-date gross write offs

 $0  $3  $0  $0  $0  $43  $46  $10  $56 
                                     

Total

 $1,253,892  $965,863  $751,371  $434,453  $89,819  $96,332  $3,591,730  $712,028  $4,303,758 

Total year-to-date gross write offs

 $0  $53  $0  $0  $0  $43  $96  $10  $106 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
                                     
      Commercial                            
      

vacant land,

          

Commercial

                 
      land development  Commercial  Commercial  real estate –                 
  Commercial  and  real estate –  real estate –  multi-family      Other         

(Dollars in

 and  residential  owner  non-owner  and  1-4 family  consumer       

thousands)

 industrial  construction  occupied  occupied  residential rental  mortgages  loans  Unallocated  Total 
                                     

Balance at 12-31-23

 $7,441  $384  $7,186  $9,852  $3,184  $18,986  $2,881  $0  $49,914 

Provision for credit losses

  1,466   2   (151)  289   232   (476)  (77)  15   1,300 

Charge-offs

  (6)  0   0   0   0   0   (9)  0   (15)

Recoveries

  277   1   57   0   4   70   30   0   439 

Ending balance

 $9,178  $387  $7,092  $10,141  $3,420  $18,580  $2,825  $15  $51,638 
                                     
      Commercial                            
      

vacant land,

          

Commercial

                 
      land development  Commercial  Commercial  real estate –                 
  Commercial  and  real estate –  real estate –  multi-family      Other         

(Dollars in

 and  residential  owner  non-owner  and  1-4 family  consumer       

thousands)

 industrial  construction  occupied  occupied  residential rental  mortgages  loans  Unallocated  Total 
                                     

Balance at 12-31-22

 $10,203  $490  $5,914  $9,242  $2,191  $14,027  $160  $19  $42,246 

Credit risk reclassifications

  90   0   0   0   0   (697)  607   0   0 

Balance after reclassifications

  10,293   490   5,914   9,242   2,191   13,330   767   19   42,246 

Provision for credit losses

  (757)  (41)  (28)  (115)  313   1,168   3   57   600 

Charge-offs

  (36)  0   (14)  0   0   (42)  (14)  0   (106)

Recoveries

  21   1   48   0   7   41   19   0   137 

Ending balance

 $9,521  $450  $5,920  $9,127  $2,511  $14,497  $775  $76  $42,877 
Financing Receivable, Modified, Financial Effect [Table Text Block]
  

Interest Rate

      

Principal

 

(Dollars in thousands)

 Reduction  Term Extension  Forgiveness 

Commercial:

            

Commercial and industrial

 $0  $500  $0 

Vacant land, land development and residential construction

  0   0   0 

Real estate – owner occupied

  0   0   0 

Real estate – non-owner occupied

  0   0   0 

Real estate – multi-family and residential rental

  0   0   0 

Total commercial

 $0  $500  $0 
             

Retail:

            

1-4 family mortgages

  0   0   0 

Other consumer loans

  0   0   0 

Total retail

 $0  $0  $0 
             

Total loans

 $0  $500  $0 
Financing Receivable, Modified, Amortized Cost [Table Text Block]
      

30 – 89 Days

  

90 + Days

     

(Dollars in thousands)

 

Current

  

Past Due

  

Past Due

  

Total

 

Commercial:

                

Commercial and industrial

 $18,506  $0  $0  $18,506 

Vacant land, land development and residential construction

  0   0   0   0 

Real estate – owner occupied

  0   0   0   0 

Real estate – non-owner occupied

  10,778   0   0   10,778 

Real estate – multi-family and residential rental

  0   0   0   0 

Total commercial

 $29,284  $0  $0  $29,284 
                 

Retail:

                

1-4 family mortgages

  0   0   0   0 

Other consumer loans

  0   0   0   0 

Total retail

 $0  $0  $0  $0 
                 

Total loans

 $29,284  $0  $0  $29,284