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Note 4 - Loans

6 Months Ended

Jun. 30, 2024

Notes to Financial Statements

Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Note 4. Loans

The Company groups loans held for investment into three segments (commercial loans, consumer real estate loans, and consumer and other loans) with each segment divided into various classes. Customer overdrafts reclassified as loans totaled $1.59 million as of June 30, 2024, and $1.50 million as of December 31, 2023. Deferred loan fees, net of loan costs, totaled $7.02 million as of June 30, 2024, and $7.71 million as of December 31, 2023. 

In accordance with the adoption of ASU 2016-13, the table below reflects the loan portfolio at the amortized cost basis to include net deferred loan fees of $7.02 million and $7.71 million and unamortized discount related to loans acquired of $13.85 million and $15.29 million for June 30, 2024, and December 31, 2023, respectively.  Accrued interest receivable of $9.33 million as of  June 30, 2024, and $9.64 million as of  December 31, 2023, is accounted for separately and reported in Interest Receivable on the Consolidated Balance Sheet.

		June 30, 2024								December 31, 2023
(Amounts in thousands)		Amount				Percent				Amount				Percent
Loans held for investment
Commercial loans
Construction, development, and other land		$	81,693				3.30	%		$	105,945				4.12	%
Commercial and industrial			205,858				8.32	%			211,850				8.24	%
Multi-family residential			196,311				7.94	%			188,382				7.32	%
Single family non-owner occupied			209,442				8.47	%			224,895				8.74	%
Non-farm, non-residential			870,513				35.20	%			894,550				34.78	%
Agricultural			19,513				0.79	%			21,669				0.84	%
Farmland			13,606				0.55	%			14,202				0.55	%
Total commercial loans			1,596,936				64.57	%			1,661,493				64.59	%
Consumer real estate loans
Home equity lines			88,608				3.58	%			87,626				3.41	%
Single family owner occupied			676,904				27.37	%			696,140				27.06	%
Owner occupied construction			4,731				0.19	%			8,445				0.33	%
Total consumer real estate loans			770,243				31.14	%			792,211				30.80	%
Consumer and other loans
Consumer loans			104,503				4.23	%			117,091				4.55	%
Other			1,586				0.06	%			1,503				0.06	%
Total consumer and other loans			106,089				4.29	%			118,594				4.61	%
Total loans held for investment, net of unearned income		$	2,473,268				100.00	%		$	2,572,298				100.00	%

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- References

No definition available.

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- Definition

The entire disclosure for claims held for amounts due to entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 310
-SubTopic 10
-Name Accounting Standards Codification
-Publisher FASB
-URI https://asc.fasb.org/310-10/tableOfContent

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 835
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 2
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482925/835-30-45-2

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