XML 130 R112.htm IDEA: XBRL DOCUMENT v3.25.1
Note 23 - Parent Only Condensed Financial Information - Condensed Statements of Cash Flows (Details) - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net income $ 26,665,000 $ 42,465,000 $ 64,327,000
Provision for deferred income taxes (2,918,000) 216,000 (2,249,000)
Net cash provided by/(used in) operating activities 58,495,000 51,292,000 93,812,000
Net cash used in investing activities (160,387,000) 243,309,000 (260,171,000)
Redemption of subordinated notes 0 (55,000,000) 0
Dividends paid (11,720,000) (12,163,000) (10,736,000)
Restricted stock units vesting 108,000 (0) (0)
Common stock repurchased, net of repurchased costs (20,676,000) (6,803,000) (19,822,000)
Proceeds from Stock Options Exercised 1,841,000 295,000 5,476,000
Net cash used in financing activities (71,736,000) 53,224,000 (444,465,000)
(Decrease)/increase in cash and cash equivalents (173,628,000) 347,825,000 (610,824,000)
Cash and cash equivalents at beginning of period 431,373,000 83,548,000 694,372,000
Cash and cash equivalents at end of period 257,745,000 431,373,000 83,548,000
Parent Company [Member]      
Net income 26,665,000 42,465,000 64,327,000
Net amortization of other 600,000 780,000 796,000
Provision for deferred income taxes (18,000) (72,000) (57,000)
Distributed income in excess of earnings/(undistributed income) of subsidiaries (12,075,000) 34,282,000 (72,397,000)
Change in other assets and liabilities 570,000 113,000 216,000
Net cash provided by/(used in) operating activities 15,742,000 77,568,000 (7,115,000)
Purchase of other equity securities, net (103,000) (490,000) (1,663,000)
Net cash used in investing activities (103,000) (490,000) (1,663,000)
Redemption of subordinated notes 0 (55,000,000) 0
Dividends paid (11,720,000) (12,163,000) (10,736,000)
Restricted stock units vesting (108,000) 0 0
Common stock repurchased, net of repurchased costs (20,676,000) (6,803,000) (19,822,000)
Proceeds from Stock Options Exercised 1,841,000 295,000 5,476,000
Net cash used in financing activities (30,663,000) (73,671,000) (25,082,000)
(Decrease)/increase in cash and cash equivalents (15,024,000) 3,407,000 (33,860,000)
Cash and cash equivalents at beginning of period 47,125,000 43,718,000 77,578,000
Cash and cash equivalents at end of period $ 32,101,000 $ 47,125,000 $ 43,718,000