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Note 23 - Parent Only Condensed Financial Information (Tables)

12 Months Ended

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

X

- Definition

Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Name Regulation S-X (SX)
-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

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+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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-Number 210
-Section 12
-Subsection 04
-Paragraph a
-Publisher SEC

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 235
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3

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