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Note 23 - Quarterly Financial Data (Unaudited) (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Quarterly Financial Information [Table Text Block] |
|  | Year Ended December 31, 2024 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
|  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |
(Amounts in thousands, except share and per share data) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 36,029 |  |  | $ | 36,789 |  |  | $ | 36,892 |  |  | $ | 36,432 |
Interest expense |  |  | 4,400 |  |  |  | 4,877 |  |  |  | 5,298 |  |  |  | 5,099 |
Net interest income |  |  | 31,629 |  |  |  | 31,912 |  |  |  | 31,594 |  |  |  | 31,333 |
Provision for credit losses |  |  | 1,011 |  |  |  | 144 |  |  |  | 1,360 |  |  |  | 1,082 |
Net interest income after provision |  |  | 30,618 |  |  |  | 31,768 |  |  |  | 30,234 |  |  |  | 30,251 |
Noninterest income, excluding net loss on sale of securities |  |  | 9,259 |  |  |  | 9,342 |  |  |  | 10,452 |  |  |  | 10,337 |
Noninterest expense |  |  | 23,386 |  |  |  | 24,897 |  |  |  | 24,177 |  |  |  | 24,107 |
Income before income taxes |  |  | 16,491 |  |  |  | 16,213 |  |  |  | 16,509 |  |  |  | 16,481 |
Income tax expense |  |  | 3,646 |  |  |  | 3,527 |  |  |  | 3,476 |  |  |  | 3,441 |
Net income |  | $ | 12,845 |  |  | $ | 12,686 |  |  | $ | 13,033 |  |  | $ | 13,040 |
Basic earnings per common share |  | $ | 0.70 |  |  | $ | 0.69 |  |  | $ | 0.71 |  |  | $ | 0.71 |
Diluted earnings per common share |  |  | 0.71 |  |  |  | 0.71 |  |  |  | 0.71 |  |  |  | 0.71 |
Dividends per common share |  |  | 0.29 |  |  |  | 0.29 |  |  |  | 0.31 |  |  |  | 0.31 |
Weighted average basic shares outstanding |  |  | 18,476,128 |  |  |  | 18,343,958 |  |  |  | 18,279,612 |  |  |  | 18,299,612 |
Weighted average diluted shares outstanding |  |  | 18,545,910 |  |  |  | 18,409,876 |  |  |  | 18,371,907 |  |  |  | 18,418,441 |
|  | Year Ended December 31, 2023 |
|  | First |  |  | Second |  |  | Third |  |  | Fourth |
|  | Quarter |  |  | Quarter |  |  | Quarter |  |  | Quarter |
(Amounts in thousands, except share and per share data) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income |  | $ | 30,189 |  |  | $ | 34,869 |  |  | $ | 36,105 |  |  | $ | 36,002 |
Interest expense |  |  | 777 |  |  |  | 2,007 |  |  |  | 2,758 |  |  |  | 3,939 |
Net interest income |  |  | 29,412 |  |  |  | 32,862 |  |  |  | 33,347 |  |  |  | 32,063 |
Recovery of credit losses |  |  | 1,742 |  |  |  | 4,105 |  |  |  | 1,109 |  |  |  | 1,029 |
Net interest income after provision |  |  | 27,670 |  |  |  | 28,757 |  |  |  | 32,238 |  |  |  | 31,034 |
Noninterest income, excluding net loss on sale of securities |  |  | 8,583 |  |  |  | 8,785 |  |  |  | 9,622 |  |  |  | 10,462 |
Noninterest expense |  |  | 20,813 |  |  |  | 24,671 |  |  |  | 22,913 |  |  |  | 26,780 |
Income before income taxes |  |  | 15,440 |  |  |  | 12,871 |  |  |  | 18,947 |  |  |  | 14,716 |
Income tax expense |  |  | 3,658 |  |  |  | 3,057 |  |  |  | 4,307 |  |  |  | 2,932 |
Net income |  | $ | 11,782 |  |  | $ | 9,814 |  |  | $ | 14,640 |  |  | $ | 11,784 |
Basic earnings per common share |  | $ | 0.73 |  |  | $ | 0.53 |  |  | $ | 0.78 |  |  | $ | 0.64 |
Diluted earnings per common share |  |  | 0.72 |  |  |  | 0.55 |  |  |  | 0.79 |  |  |  | 0.66 |
Dividends per common share |  |  | 0.29 |  |  |  | 0.29 |  |  |  | 0.29 |  |  |  | 0.29 |
Weighted average basic shares outstanding |  |  | 16,228,297 |  |  |  | 18,407,078 |  |  |  | 18,786,032 |  |  |  | 18,530,114 |
Weighted average diluted shares outstanding |  |  | 16,289,489 |  |  |  | 18,431,598 |  |  |  | 18,831,836 |  |  |  | 18,575,226 |

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