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Note 23 - Parent Only Condensed Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Notes Tables |
Condensed Balance Sheet [Table Text Block] |
Condensed Balance Sheets |  | As of December 31, |
|  | 2024 |  |  | 2023 |
ASSETS |  | (dollars in thousands) |
Cash and cash equivalents |  | $ | 32,101 |  |  | $ | 47,125 |
Investment in Bank |  |  | 602,681 |  |  |  | 589,998 |
Investment in RAM |  |  | 3,244 |  |  |  | 3,244 |
Other assets |  |  | 6,096 |  |  |  | 6,333 |
Total assets |  | $ | 644,122 |  |  | $ | 646,700 |
LIABILITIES AND SHAREHOLDERS' EQUITY |  |  |  |  |  |  |  |
Long term debt |  | $ | 119,529 |  |  | $ | 119,147 |
Subordinated debentures |  |  | 15,156 |  |  |  | 14,938 |
Other liabilities |  |  | 1,560 |  |  |  | 1,355 |
Total liabilities |  |  | 136,245 |  |  |  | 135,440 |
Shareholders' equity: |  |  |  |  |  |  |  |
Common stock |  |  | 259,957 |  |  |  | 271,925 |
Additional paid-in capital |  |  | 3,645 |  |  |  | 3,623 |
Retained earnings |  |  | 264,460 |  |  |  | 255,152 |
Non-controlling interest |  |  | 72 |  |  |  | 72 |
Accumulated other comprehensive loss |  |  | (20,257 | ) |  |  | (19,512 | )
Total shareholders' equity |  |  | 507,877 |  |  |  | 511,260 |
Total liabilities and shareholders' equity |  | $ | 644,122 |  |  | $ | 646,700 |
Condensed Income Statement [Table Text Block] |
|  | For the Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
|  | (dollars in thousands) |
Dividend from subsidiaries |  | $ | 20,000 |  |  | $ | 85,000 |  |  | $ | — |
Interest income/(reversal) |  |  | 18 |  |  |  | (41 | ) |  |  | 52 |
Interest expense |  |  | 6,699 |  |  |  | 9,951 |  |  |  | 9,645 |
Noninterest expense |  |  | 1,126 |  |  |  | 1,897 |  |  |  | 2,056 |
Income/(loss) before equity in undistributed income of subsidiaries |  |  | 12,193 |  |  |  | 73,111 |  |  |  | (11,649 | )
Undistributed income/(distributed income in excess of earnings) of: |  |  |  |  |  |  |  |  |  |  |  |
Bank |  |  | 12,075 |  |  |  | (34,477 | ) |  |  | 72,340 |
RAM |  |  | — |  |  |  | 195 |  |  |  | 57 |
Income before income taxes |  |  | 24,268 |  |  |  | 38,829 |  |  |  | 60,748 |
Income tax benefit |  |  | 2,397 |  |  |  | 3,636 |  |  |  | 3,579 |
Net income |  |  | 26,665 |  |  |  | 42,465 |  |  |  | 64,327 |
Other comprehensive (loss)/income |  |  | (745 | ) |  |  | 2,153 |  |  |  | (20,009 | )
Total comprehensive income |  | $ | 25,920 |  |  | $ | 44,618 |  |  | $ | 44,318 |
Condensed Cash Flow Statement [Table Text Block] |
|  |  | For the Year Ended December 31, |
|  | 2024 |  |  | 2023 |  |  | 2022 |
Cash flows from operating activities: |  | (dollars in thousands) |
Net income |  | $ | 26,665 |  |  | $ | 42,465 |  |  | $ | 64,327 |
Net amortization of other |  |  | 600 |  |  |  | 780 |  |  |  | 796 |
Provision for deferred income taxes |  |  | (18 | ) |  |  | (72 | ) |  |  | (57 | )
Distributed income in excess of earnings/(undistributed income) of subsidiaries |  |  | (12,075 | ) |  |  | 34,282 |  |  |  | (72,397 | )
Change in other assets and liabilities |  |  | 570 |  |  |  | 113 |  |  |  | 216 |
Net cash provided by/(used in) operating activities |  |  | 15,742 |  |  |  | 77,568 |  |  |  | (7,115 | )
Cash flows from investment activities: |  |  |  |  |  |  |  |  |  |  |  |
Purchase of other equity securities, net |  |  | (103 | ) |  |  | (490 | ) |  |  | (1,663 | )
Net cash used in investing activities |  |  | (103 | ) |  |  | (490 | ) |  |  | (1,663 | )
Cash flows from financing activities: |  |  |  |  |  |  |  |  |  |  |  |
Redemptions of subordinated debentures |  |  | — |  |  |  | (55,000 | ) |  |  | — |
Dividends paid |  |  | (11,720 | ) |  |  | (12,163 | ) |  |  | (10,736 | )
Restricted stock units vesting |  |  | (108 | ) |  |  | — |  |  |  | — |
Common stock repurchased, net of repurchased costs |  |  | (20,676 | ) |  |  | (6,803 | ) |  |  | (19,822 | )
Stock options exercised |  |  | 1,841 |  |  |  | 295 |  |  |  | 5,476 |
Net cash used in financing activities |  |  | (30,663 | ) |  |  | (73,671 | ) |  |  | (25,082 | )
(Decrease)/increase in cash and cash equivalents |  |  | (15,024 | ) |  |  | 3,407 |  |  |  | (33,860 | )
Cash and cash equivalents beginning of year |  |  | 47,125 |  |  |  | 43,718 |  |  |  | 77,578 |
Cash and cash equivalents end of year |  | $ | 32,101 |  |  | $ | 47,125 |  |  | $ | 43,718 |

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