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Note 4 - Loans and Allowance for Credit Losses - Loans (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  2024  2023 

Loans HFI: (1)

 

(dollars in thousands)

 

Real Estate:

        

Construction and land development

 $173,290  $181,469 

Commercial real estate (2)

  1,201,420   1,167,857 

Single-family residential mortgages

  1,494,022   1,487,796 

Commercial:

        

Commercial and industrial

  129,585   130,096 

SBA

  47,263   52,074 

Other

  7,650   12,569 

Total loans HFI (1)

 $3,053,230  $3,031,861 

Allowance for loan losses

  (47,729)  (41,903)

Total loans HFI, net

 $3,005,501  $2,989,958 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  2024  2023  2022 
  

Allowance for Loan Losses

  

Reserve for Unfunded Loan Commitments

  

Allowance for Credit Losses

  

Allowance for Loan Losses

  

Reserve for Unfunded Loan Commitments

  

Allowance for Credit Losses

  

Allowance for Loan Losses

  

Reserve for Unfunded Loan Commitments

  

Allowance for Credit Losses

 
  

(dollars in thousands)

 

Beginning balance

 $41,903  $640  $42,543  $41,076  $1,156  $42,232  $32,912  $1,203  $34,115 

ASU 2016-13 transition adjustment

                    2,135   1,045   3,180 

Adjusted beginning balance

 $41,903  $640  $42,543  $41,076  $1,156  $42,232  $35,047  $2,248  $37,295 

Provision/(reversal) for credit losses

  9,768   89   9,857   3,878   (516)  3,362   6,027   (1,092)  4,935 

Less loans charged-off

  (4,083)     (4,083)  (3,194)     (3,194)  (256)     (256)

Recoveries on loans charged-off

  141      141   143      143   258      258 

Ending balance

 $47,729  $729  $48,458  $41,903  $640  $42,543  $41,076  $1,156  $42,232 
                             

December 31, 2024

 

Construction and Land Development

  

Commercial Real Estate

  

Single-Family Residential Mortgages

  

Commercial and Industrial

  

SBA

  

Other

  

Total

 

Allowance for loan losses:

  (dollars in thousands) 

Beginning of year

 $1,219  $17,826  $20,117  $1,348  $1,196  $197  $41,903 

Provisions/(reversals) for credit losses

  5,982   6,637   (2,599)     (464)  212   9,768 

Charge-offs

  (1,148)  (2,645)     (11)  (78)  (201)  (4,083)

Recoveries

     61      2      78   141 

Ending allowance balance

 $6,053  $21,879  $17,518  $1,339  $654  $286  $47,729 
                             

December 31, 2023

 

Construction and Land Development

  

Commercial Real Estate

  

Single-Family Residential Mortgages

  

Commercial and Industrial

  

SBA

  

Other

  

Total

 

Allowance for loan losses:

  (dollars in thousands) 

Beginning of year

 $2,638  $17,657  $17,640  $1,804  $621  $716  $41,076 

(Reversals)/provisions for credit losses

  (1,279)  2,626   2,570   (458)  636   (217)  3,878 

Charge-offs

  (140)  (2,537)  (93)     (62)  (362)  (3,194)

Recoveries

     80      2   1   60   143 

Ending allowance balance

 $1,219  $17,826  $20,117  $1,348  $1,196  $197  $41,903 
                             

December 31, 2022

 

Construction and Land Development

  

Commercial Real Estate

  

Single-Family Residential Mortgages

  

Commercial and Industrial

  

SBA

  

Other

  

Total

 

Allowance for loan losses:

  (dollars in thousands)

Beginning of year

 $4,150  $16,603  $7,839  $2,813  $980  $527  $32,912 

ASU 2016-13 Transition Adjustment

  314   (2,662)  3,960   (188)  (416)  1,127   2,135 

Adjusted beginning balance

 $4,464  $13,941  $11,799  $2,625  $564  $1,654  $35,047 

(Reversals)/provisions for credit losses

  (1,826)  3,716   5,841   (818)  (156)  (730)  6,027 

Charge-offs

           (5)  (14)  (237)  (256)

Recoveries

           2   227   29   258 

Ending allowance balance

 $2,638  $17,657  $17,640  $1,804  $621  $716  $41,076 
Financing Receivable Credit Quality Indicators [Table Text Block]
  Term Loan by Vintage             

December 31, 2024

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving

  

Revolving Converted to Term During the Period

  

Total

 

Real estate:

 

(dollars in thousands)

 

Construction and land development

                                    

Pass

 $62,541  $8,945  $  $  $1,370  $65  $  $  $72,921 

Special mention

              44,042            44,042 

Substandard

     8,782      38,101   9,444            56,327 

Doubtful

                           

Total

 $62,541  $17,727  $  $38,101  $54,856  $65  $  $  $173,290 

YTD gross charge-offs

 $  $  $1,148  $  $  $  $  $  $1,148 

Commercial real estate

                                    

Pass

 $220,623  $58,597  $389,578  $158,188  $157,480  $186,619  $  $  $1,171,085 

Special mention

        936   10,251   3,040   7,060         21,287 

Substandard

              1,188   7,860         9,048 

Doubtful

                           

Total

 $220,623  $58,597  $390,514  $168,439  $161,708  $201,539  $  $  $1,201,420 

YTD gross charge-offs

 $  $164  $  $  $2,064  $417  $  $  $2,645 

Single-family residential mortgages

                                    

Pass

 $159,940  $137,264  $549,525  $225,877  $108,541  $299,553  $1,126  $  $1,481,826 

Special mention

                           

Substandard

        2,178   1,401   1,858   6,759         12,196 

Doubtful

                           

Total

 $159,940  $137,264  $551,703  $227,278  $110,399  $306,312  $1,126  $  $1,494,022 

YTD gross charge-offs

 $  $  $  $  $  $  $  $  $ 

Commercial:

                                    

Commercial and industrial

                                    

Pass

 $7,304  $1,126  $2,593  $3,991  $2,270  $5,242  $98,878  $  $121,404 

Special mention

                           

Substandard

        70      1,317   4,820   1,974      8,181 

Doubtful

                           

Total

 $7,304  $1,126  $2,663  $3,991  $3,587  $10,062  $100,852  $  $129,585 

YTD gross charge-offs

 $8  $  $3  $  $  $  $  $  $11 

SBA

                                    

Pass

 $6,889  $1,813  $10,855  $9,731  $400  $14,209  $  $  $43,897 

Special mention

                           

Substandard

  65         334      2,967         3,366 

Doubtful

                           

Total

 $6,954  $1,813  $10,855  $10,065  $400  $17,176  $  $  $47,263 

YTD gross charge-offs

 $78  $  $  $  $  $  $  $  $78 

Other:

                                    

Pass

 $  $130  $1,517  $5,718  $246  $  $16  $  $7,627 

Special mention

                           

Substandard

           23               23 

Doubtful

                           

Total

 $  $130  $1,517  $5,741  $246  $  $16  $  $7,650 

YTD gross charge-offs

 $  $  $4  $191  $6  $  $  $  $201 

Total by risk rating:

                                    

Pass

 $457,297  $207,875  $954,068  $403,505  $270,307  $505,688  $100,020  $  $2,898,760 

Special mention

        936   10,251   47,082   7,060         65,329 

Substandard

  65   8,782   2,248   39,859   13,807   22,406   1,974      89,141 

Doubtful

                           

Total loans

 $457,362  $216,657  $957,252  $453,615  $331,196  $535,154  $101,994  $  $3,053,230 

Total YTD gross charge-offs

 $86  $164  $1,155  $191  $2,070  $417  $  $  $4,083 
  Term Loan by Vintage             

December 31, 2023

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving

  

Revolving Converted to Term During the Period

  

Total

 

Real estate:

 

(Dollars in thousands)

 

Construction and land development

                                    

Pass

 $127,602  $25,880  $12,168  $3,919  $192  $32  $  $  $169,793 

Special mention

        11,676                  11,676 

Substandard

                           

Doubtful

                           

Total

 $127,602  $25,880  $23,844  $3,919  $192  $32  $  $  $181,469 

YTD gross charge-offs

 $  $  $  $  $  $140  $  $  $140 

Commercial real estate

                                    

Pass

 $90,126  $423,564  $186,904  $175,650  $94,796  $152,847  $  $  $1,123,887 

Special mention

              7,719   4,880         12,599 

Substandard

  301         11,410   2,295   17,365         31,371 

Doubtful

                           

Total

 $90,427  $423,564  $186,904  $187,060  $104,810  $175,092  $  $  $1,167,857 

YTD gross charge-offs

 $  $2,078  $  $459  $  $  $  $  $2,537 

Single-family residential mortgages

                                    

Pass

 $156,372  $593,539  $239,502  $125,346  $83,002  $265,050  $1,720  $  $1,464,531 

Special mention

        619         3,855         4,474 

Substandard

     719   758   4,985   545   11,740   44      18,791 

Doubtful

                           

Total

 $156,372  $594,258  $240,879  $130,331  $83,547  $280,645  $1,764  $  $1,487,796 

YTD gross charge-offs

 $  $  $  $93  $  $  $  $  $93 

Commercial:

                                    

Commercial and industrial

                                    

Pass

 $1,305  $3,283  $6,281  $2,901  $2,049  $4,700  $99,339  $  $119,858 

Special mention

                    2,737      2,737 

Substandard

     87      1,410   7   4,952   1,045      7,501 

Doubtful

                           

Total

 $1,305  $3,370  $6,281  $4,311  $2,056  $9,652  $103,121  $  $130,096 

YTD gross charge-offs

 $  $  $  $  $  $  $  $  $ 

SBA

                                    

Pass

 $5,642  $11,023  $10,037  $2,324  $4,588  $13,783  $  $  $47,397 

Special mention

        331         1,025         1,356 

Substandard

              85   3,236         3,321 

Doubtful

                           

Total

 $5,642  $11,023  $10,368  $2,324  $4,673  $18,044  $  $  $52,074 

YTD gross charge-offs

 $  $  $  $  $  $62  $  $  $62 

Other:

                                    

Pass

 $193  $2,727  $8,813  $674  $29  $  $18  $  $12,454 

Special mention

                           

Substandard

     80   28   7               115 

Doubtful

                           

Total

 $193  $2,807  $8,841  $681  $29  $  $18  $  $12,569 

YTD gross charge-offs

 $  $79  $273  $10  $  $  $  $  $362 

Total by risk rating:

                                    

Pass

 $381,240  $1,060,016  $463,705  $310,814  $184,656  $436,412  $101,077  $  $2,937,920 

Special mention

        12,626      7,719   9,760   2,737      32,842 

Substandard

  301   886   786   17,812   2,932   37,293   1,089      61,099 

Doubtful

                           

Total loans

 $381,541  $1,060,902  $477,117  $328,626  $195,307  $483,465  $104,903  $  $3,031,861 

Total YTD gross charge-offs

 $  $2,157  $273  $562  $  $202  $  $  $3,194 
Financing Receivable, Past Due [Table Text Block]
                       

December 31, 2024

 

30-59 Days

  

60-89 Days

  

90 Days Or More (1)

  

Total Past Due

  

Current

  

Total Loans HFI

  

Nonaccrual Loans (2)

 

Real estate:

 

(dollars in thousands)

 

Construction and land development

 $  $38,101  $8,782  $46,883  $126,407  $173,290  $44,621 

Commercial real estate

  504   216   7,131   7,851   1,193,569   1,201,420   7,353 

Single-family residential mortgages (3)

  9,806   1,688   7,253   18,747   1,475,275   1,494,022   11,524 

Commercial:

                            

Commercial and industrial

  30   61   4,819   4,910   124,675   129,585   4,819 

SBA

  314   1,951   609   2,874   44,389   47,263   1,514 

Other:

  16      11   27   7,623   7,650   12 

Total

 $10,670  $42,017  $28,605  $81,292  $2,971,938  $3,053,230  $69,843 
                       

December 31, 2023

 

30-59 Days

  

60-89 Days

  

90 Days Or More (1)

  

Total Past Due

  

Current

  

Total Loans HFI

  

Nonaccrual Loans (2)

 

Real estate:

 

(dollars in thousands)

 

Construction and land development

 $  $  $  $  $181,469  $181,469  $ 

Commercial real estate

  1,341   216   1,582   3,139   1,164,718   1,167,857   10,569 

Single-family residential mortgages

  9,050   5,795   15,134   29,979   1,457,817   1,487,796   18,103 

Commercial:

                            

Commercial and industrial

  1,544      854   2,398   127,698   130,096   854 

SBA

  356      2,085   2,441   49,633   52,074   2,085 

Other:

  160   20   8   188   12,381   12,569   8 

Total

 $12,451  $6,031  $19,663  $38,145  $2,993,716  $3,031,861  $31,619 
Financing Receivable, Nonaccrual [Table Text Block]
  

December 31, 2024

  

December 31, 2023

 
  

Nonaccrual Loans

      

Nonaccrual Loans

     
  

with no

      

with no

     
  

Allowance

      

Allowance

     
  

for Loan Loss

  

Nonaccrual Loans

  

for Loan Loss

  

Nonaccrual Loans

 

Real estate:

 

(dollars in thousands)

 

Construction and land development

 $18,226  $44,621  $  $ 

Commercial real estate

  346   7,353   10,569   10,569 

Single-family residential mortgages

  11,524   11,524   18,103   18,103 

Commercial:

                

Commercial and industrial (1)

  4,708   4,819   610   854 

SBA

  1,514   1,514   937   2,085 

Other:

     12      8 

Total

 $36,318  $69,843  $30,219  $31,619 
Schedule of Financing Receivables by Collateral Held [Table Text Block]
  

December 31, 2024

 
  

Commercial Real Estate

  

Residential Real Estate

  

Business Assets

  

Total

 

Real Estate:

 

(dollars in thousands)

 

Construction and land development

 $18,226  $26,395  $  $44,621 

Commercial real estate

  7,131   222      7,353 

Single-family residential mortgages

     11,524      11,524 

Commercial:

                

Commercial and industrial

     4,708   111   4,819 

SBA

  1,323   40   151   1,514 

Total loans

 $26,680  $42,889  $262  $69,831 
  

December 31, 2023

 
  

Commercial Real Estate

  

Residential Real Estate

  

Business Assets

  

Total

 

Real Estate:

 

(dollars in thousands)

 

Commercial real estate

 $10,353  $216  $  $10,569 

Single-family residential mortgages

     18,103      18,103 

Commercial:

                

Commercial and industrial

     610   244   854 

SBA

  800   1,200   85   2,085 

Total loans

 $11,153  $20,129  $329  $31,611 
Financing Receivable, Modified [Table Text Block]
  

Payment Delay

  

Term Extension

  

Combination Term Extension Interest Rate Reduction

  

Total Modified Loans

  

Modified Loans as a Percentage of Class of Loans

  

Weighted-Average Term Extension (in Years)

  

Weighted-Average Rate Reduction

 
  

(dollars in thousands)

 

Construction and land development

 $  $35,839  $11,706  $47,545   27.4%  0.41   0.12%

Commercial real estate

  6,616      222   6,838   0.6%  1.83   0.00%

Total

 $6,616  $35,839  $11,928  $54,383