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Note 30 - Parent Company Only Financial Statements (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
|  | December 31, |  |  | December 31, |
(dollars in thousands) |  | 2024 |  |  | 2023 |
Assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 49,024 |  |  | $ | 70,853 |
Trading investment securities |  |  | 2,915 |  |  |  | — |
Investment in subsidiaries |  |  | 501,385 |  |  |  | 354,303 |
Company-owned life insurance |  |  | 1,830 |  |  |  | — |
Deferred income taxes, net |  |  | 2,546 |  |  |  | 757 |
Other assets |  |  | 13,913 |  |  |  | 9,968 |
Total assets |  | $ | 571,613 |  |  | $ | 435,881 |
Liabilities and Stockholders’ Equity |  |  |  |  |  |  |  |
Long‑term debt |  | $ | 59,069 |  |  | $ | 58,956 |
Accrued expenses and other liabilities |  |  | 17,134 |  |  |  | 7,798 |
Total liabilities |  |  | 76,203 |  |  |  | 66,754 |
Stockholders’ equity |  |  | 495,410 |  |  |  | 369,127 |
Total stockholders’ equity |  |  | 495,410 |  |  |  | 369,127 |
Total liabilities and stockholders’ equity |  | $ | 571,613 |  |  | $ | 435,881 |
Condensed Income Statement [Table Text Block] |
|  | Year ended December 31, |
(dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Income |  |  |  |  |  |  |  |  |  |  |  |
Net dividends from subsidiaries |  | $ | 5,825 |  |  | $ | 21,000 |  |  | $ | 18,500 |
Other income |  |  | 297 |  |  |  | 24 |  |  |  | 16 |
Total operating income |  |  | 6,122 |  |  |  | 21,024 |  |  |  | 18,516 |
Expenses |  |  | 16,471 |  |  |  | 6,043 |  |  |  | 6,583 |
Income before equity in undistributed income |  |  | (10,349 | ) |  |  | 14,981 |  |  |  | 11,933 |
Equity in undistributed income of subsidiaries |  |  | 23,191 |  |  |  | (4,826 | ) |  |  | 26,424 |
Income before income taxes |  |  | 12,842 |  |  |  | 10,155 |  |  |  | 38,357 |
Income tax benefit |  |  | 4,938 |  |  |  | 1,541 |  |  |  | 1,648 |
Net income |  | $ | 17,780 |  |  | $ | 11,696 |  |  | $ | 40,005 |
Condensed Cash Flow Statement [Table Text Block] |
|  | Year ended December 31, |
(dollars in thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Operating activities |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 17,780 |  |  | $ | 11,696 |  |  | $ | 40,005 |
Adjustments to reconcile net income to net cash provided by operating activities |  |  |  |  |  |  |  |  |  |  |  |
Deferred income taxes |  |  | (1,789 | ) |  |  | 147 |  |  |  | 96 |
Equity in undistributed income of subsidiaries |  |  | (23,191 | ) |  |  | 4,826 |  |  |  | (26,424 | )
Depreciation and amortization |  |  | 113 |  |  |  | 113 |  |  |  | 87 |
Stock‑based compensation cost |  |  | 1,650 |  |  |  | 1,628 |  |  |  | 1,904 |
(Increase) decrease in company-owned life insurance |  |  | 105 |  |  |  | — |  |  |  | — |
Net change in: |  |  |  |  |  |  |  |  |  |  |  |
Accrued interest receivable |  |  | — |  |  |  | — |  |  |  | (1 | )
Other assets |  |  | (4,123 | ) |  |  | 50 |  |  |  | (192 | )
Accrued expenses and other liabilities |  |  | (591 | ) |  |  | (10,164 | ) |  |  | 516 |
Net cash provided by operating activities |  |  | (10,046 | ) |  |  | 8,296 |  |  |  | 15,991 |
Investing activities |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sales of trading investment securities |  |  | 9,020 |  |  |  | — |  |  |  | — |
Purchases of trading investment securities |  |  | (11,757 | ) |  |  | — |  |  |  | — |
Purchases of company-owned life insurance |  |  | (1,935 | ) |  |  | — |  |  |  | — |
Net cash (paid) for business combinations |  |  | 8,610 |  |  |  | — |  |  |  | (189 | )
Net cash provided by investing activities |  |  | 3,938 |  |  |  | — |  |  |  | (189 | )
Financing activities |  |  |  |  |  |  |  |  |  |  |  |
Cash dividends paid on common stock |  |  | (15,445 | ) |  |  | (14,822 | ) |  |  | (12,800 | )
Repurchase of common stock |  |  | (276 | ) |  |  | (6,638 | ) |  |  | (738 | )
Net cash provided by financing activities |  |  | (15,721 | ) |  |  | (21,460 | ) |  |  | (13,538 | )
Net change in cash and cash equivalents |  |  | (21,829 | ) |  |  | (13,164 | ) |  |  | 2,264 |
Cash and cash equivalents at beginning of year |  |  | 70,853 |  |  |  | 84,017 |  |  |  | 81,753 |
Cash and cash equivalents at end of year |  | $ | 49,024 |  |  | $ | 70,853 |  |  | $ | 84,017 |

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