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Note 21 - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2023

Notes Tables

Condensed Balance Sheet [Table Text Block]

		*CONDENSED BALANCE SHEETS*
		*December 31,*
(Amounts in thousands)		*2023*				*2022*
Assets
Cash and due from banks		$	14,681			$	16,988
Securities available for sale			22,468				17,313
Investment in subsidiaries			460,731				382,286
Other assets			6,227				5,910
Total assets		$	504,107			$	422,497

Liabilities
Other liabilities		$	813			$	512
Total liabilities			813				512

Stockholders' equity
Common stock			18,502				16,225
Additional paid-in capital			175,841				128,508
Retained earnings			319,902				292,971
Accumulated other comprehensive loss			(10,951	)			(15,719	)
Total stockholders' equity			503,294				421,985
Total liabilities and stockholders' equity		$	504,107			$	422,497

Condensed Income Statement [Table Text Block]

		*CONDENSED STATEMENTS OF INCOME*
		*Year Ended December 31,*
		*2023*				*2022*				*2021*
(Amounts in thousands)
Cash dividends received from subsidiary bank		$	45,700			$	56,250			$	53,200
Other income			1,397				222				8
Other operating expense			1,524				1,052				1,086
Income before income taxes and equity in undistributed net income of subsidiaries			45,573				55,420				52,122
Income tax benefit			(41	)			(224	)			(351	)
Income before equity in undistributed net income of subsidiaries			45,614				55,644				52,473
Equity in (dividends in excess) of undistributed net income of subsidiaries			2,406				(8,982	)			(1,305	)
Net income		$	48,020			$	46,662			$	51,168

Condensed Cash Flow Statement [Table Text Block]

		*CONDENSED STATEMENTS OF CASH FLOWS*
		*Year Ended December 31,*
(Amounts in thousands)		*2023*				*2022*				*2021*
Operating activities
Net income		$	48,020			$	46,662			$	51,168
Adjustments to reconcile net income to net cash provided by operating activities
Net change in other operating activities			(3,275	)			8,442				253
Net cash provided by operating activities			44,745				55,104				51,421
Investing activities
Purchase of investment securities			(69,469	)			(19,372	)			—
Proceeds from maturities, calls, sales of investment securities			65,250				11,807				(9,919	)
Dividends in excess of undistributed net income of subsidiaries			—				—				1,305
Net cash (used) provided by investing activities			(4,219	)			(7,565	)			(8,614	)
Financing activities
Proceeds from issuance of common stock			91				172				—
Payments for repurchase of common stock			(23,038	)			(21,311	)			(28,882	)
Payments of common dividends			(21,089	)			(18,515	)			(18,059	)
Net change in other financing activities			1,203				1,375				1,773
Net cash (used) provided by financing activities			(42,833	)			(38,279	)			(45,168	)
Cash and cash equivalents increase (decrease)			(2,307	)			9,260				(2,361	)
Cash and cash equivalents at carrying value at beginning of period			16,988				7,728				10,089
Cash and cash equivalents at carrying value at end of period		$	14,681			$	16,988			$	7,728