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Note 22 - Parent Only Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
(dollars in thousands) |  | 2023 |  |  | 2022 |
ASSETS |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 47,125 |  |  | $ | 43,718 |
Investment in Bank |  |  | 589,998 |  |  |  | 621,580 |
Investment in RAM |  |  | 3,244 |  |  |  | 3,049 |
Other assets |  |  | 6,333 |  |  |  | 6,161 |
Total assets |  | $ | 646,700 |  |  | $ | 674,508 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |
Long term debt |  |  | 119,147 |  |  |  | 173,585 |
Subordinated debentures |  |  | 14,938 |  |  |  | 14,720 |
Other liabilities |  |  | 1,355 |  |  |  | 1,640 |
Total liabilities |  |  | 135,440 |  |  |  | 189,945 |
Shareholders' equity: |  |  |  |  |  |  |  |
Common stock |  |  | 271,925 |  |  |  | 276,912 |
Additional paid-in capital |  |  | 3,623 |  |  |  | 3,361 |
Retained earnings |  |  | 255,152 |  |  |  | 225,883 |
Non-controlling interest |  |  | 72 |  |  |  | 72 |
Accumulated other comprehensive loss |  |  | (19,512 | ) |  |  | (21,665 | )
Total shareholders' equity |  |  | 511,260 |  |  |  | 484,563 |
Total liabilities and shareholders' equity |  | $ | 646,700 |  |  | $ | 674,508 |
Condensed Income Statement [Table Text Block] |
(dollars in thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Dividend from subsidiaries |  | $ | 85,000 |  |  | $ | — |  |  | $ | 25,000 |
Interest (reversal)/income |  |  | (41 | ) |  |  | 52 |  |  |  | — |
Interest expense |  |  | 9,951 |  |  |  | 9,645 |  |  |  | 8,999 |
Noninterest expense |  |  | 1,897 |  |  |  | 2,056 |  |  |  | 1,452 |
Income/(loss) before equity in undistributed income of subsidiaries |  |  | 73,111 |  |  |  | (11,649 | ) |  |  | 14,549 |
(Distributed income in excess of earnings)/undistributed income of: |  |  |  |  |  |  |  |  |  |  |  |
Bank |  |  | (34,477 | ) |  |  | 72,340 |  |  |  | 39,109 |
RAM |  |  | 195 |  |  |  | 57 |  |  |  | 59 |
Income before income taxes |  |  | 38,829 |  |  |  | 60,748 |  |  |  | 53,717 |
Income tax benefit |  |  | 3,636 |  |  |  | 3,579 |  |  |  | 3,189 |
Net income |  |  | 42,465 |  |  |  | 64,327 |  |  |  | 56,906 |
Other comprehensive income/(loss) |  |  | 2,153 |  |  |  | (20,009 | ) |  |  | (2,785 | )
Total comprehensive income |  | $ | 44,618 |  |  | $ | 44,318 |  |  | $ | 54,121 |
Condensed Cash Flow Statement [Table Text Block] |
(dollars in thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Cash flows from operating activities: |  |  |  |  |  |  |  |  |  |  |  |
Net income |  | $ | 42,465 |  |  | $ | 64,327 |  |  | $ | 56,906 |
Net amortization of other |  |  | 780 |  |  |  | 796 |  |  |  | 724 |
Provision for deferred income taxes |  |  | (72 | ) |  |  | (57 | ) |  |  | (337 | )
Distributed income in excess of earnings/(undistributed income) of subsidiaries |  |  | 34,282 |  |  |  | (72,397 | ) |  |  | (39,168 | )
Change in other assets and liabilities |  |  | 113 |  |  |  | 216 |  |  |  | 1,645 |
Net cash provided by/(used in) operating activities |  |  | 77,568 |  |  |  | (7,115 | ) |  |  | 19,770 |
Cash flows from investment activities: |  |  |  |  |  |  |  |  |  |  |  |
Purchase of other equity securities, net |  |  | (490 | ) |  |  | (1,663 | ) |  |  | (380 | )
Net cash used in investing activities |  |  | (490 | ) |  |  | (1,663 | ) |  |  | (380 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Issuance of subordinated debentures, net of issuance costs |  |  | — |  |  |  | — |  |  |  | 118,111 |
Redemptions of subordinated debentures |  |  | (55,000 | ) |  |  | — |  |  |  | (50,000 | )
Dividends paid |  |  | (12,163 | ) |  |  | (10,736 | ) |  |  | (9,947 | )
Common stock repurchased, net of repurchased costs |  |  | (6,803 | ) |  |  | (19,822 | ) |  |  | (10,540 | )
Stock options exercised |  |  | 295 |  |  |  | 5,476 |  |  |  | 3,475 |
Net cash (used in)/provided by financing activities |  |  | (73,671 | ) |  |  | (25,082 | ) |  |  | 51,099 |
Increase/(decrease) in cash and cash equivalents |  |  | 3,407 |  |  |  | (33,860 | ) |  |  | 70,489 |
Cash and cash equivalents beginning of year |  |  | 43,718 |  |  |  | 77,578 |  |  |  | 7,089 |
Cash and cash equivalents end of year |  | $ | 47,125 |  |  | $ | 43,718 |  |  | $ | 77,578 |

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