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Note 14 - Income Taxes | 9 Months Ended
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Sep. 30, 2025
Notes to Financial Statements |
Income Tax Disclosure [Text Block] | NOTE 14 Income Taxes The components of income tax expense (benefit) for the three and nine months ended September 30, 2025 and 2024 were as follows:
|  | Three months ended September 30, |
|  | 2025 |  |  | 2024 |
|  |  |  |  |  | Percent of |  |  |  |  |  |  | Percent of |
(dollars in thousands) |  | Amount |  |  | Pretax Income |  |  | Amount |  |  | Pretax Income |
Taxes at statutory federal income tax rate |  | $ | 4,625 |  |  |  | 21.0 | % |  | $ | 1,427 |  |  |  | 21.0 | %
Tax effect of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tax exempt income |  |  | (584 | ) |  |  | (2.7 | )% |  |  | (308 | ) |  |  | (4.5 | )%
State income taxes, net of federal benefits |  |  | 1,071 |  |  |  | 4.9 | % |  |  | 332 |  |  |  | 4.9 | %
Nondeductible items and other |  |  | (11 | ) |  |  | - | % |  |  | 139 |  |  |  | 2.0 | %
Applicable income taxes |  | $ | 5,101 |  |  |  | 23.2 | % |  | $ | 1,590 |  |  |  | 23.4 | %
|  | Nine months ended September 30, |
|  | 2025 |  |  | 2024 |
|  |  |  |  |  | Percent of |  |  |  |  |  |  | Percent of |
(dollars in thousands) |  | Amount |  |  | Pretax Income |  |  | Amount |  |  | Pretax Income |
Taxes at statutory federal income tax rate |  | $ | 13,848 |  |  |  | 21.0 | % |  | $ | 4,925 |  |  |  | 21.0 | %
Tax effect of: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Tax exempt income |  |  | (1,539 | ) |  |  | (2.3 | )% |  |  | (776 | ) |  |  | (3.3 | )%
State income taxes, net of federal benefits |  |  | 3,256 |  |  |  | 4.9 | % |  |  | 1,143 |  |  |  | 4.9 | %
Nondeductible items and other |  |  | (114 | ) |  |  | (0.2 | )% |  |  | 312 |  |  |  | 1.3 | %
Applicable income taxes |  | $ | 15,451 |  |  |  | 23.4 | % |  | $ | 5,604 |  |  |  | 23.9 | %
It is the opinion of management that, as of September 30, 2025, the Company had no significant uncertain tax positions that would be subject to change upon examination. On July 4, 2025, the One Big Beautiful Bill (“OBBB”) Act, which includes a broad range of tax reform provisions, was signed into law by the President of the United States. The OBBB Act did not have a material impact on the Company's estimated annual effective tax rate in 2025.

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