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Note 21 - Business Segments - Schedule of Segment Financial Results (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Net interest income $ 123,303 [1] $ 104,280 [1] $ 86,649 [2]
Provision for credit losses (4,774) (6,217) (500)
Noninterest income 20,490 [3] 18,108 [4] 37,513 [3]
Noninterest expense [5] (93,747) (79,183) (76,242)
INCOME BEFORE PROVISION FOR INCOME TAXES 45,272 36,988 47,420
Provision for income taxes (9,219) (7,339) (10,008)
Net income 36,053 29,649 37,412
Total average assets for period ended $ 2,843,248 $ 2,435,694 $ 2,189,213
FTEs 570 537 536
Commercial And Consumer Banking [Member]      
Net interest income $ 111,737 [1] $ 93,358 [1] $ 78,306 [2]
Provision for credit losses (3,494) (5,064) (2,613)
Noninterest income 10,368 [3] 10,158 [4] 8,545 [3]
Noninterest expense [5] (73,767) (59,723) (56,557)
INCOME BEFORE PROVISION FOR INCOME TAXES 44,844 38,729 27,681
Provision for income taxes (9,132) (7,684) (5,842)
Net income 35,712 31,045 21,839
Total average assets for period ended $ 2,315,806 $ 2,018,263 $ 1,779,850
FTEs 447 405 384
Home Lending [Member]      
Net interest income $ 11,566 [1] $ 10,922 [1] $ 8,343 [2]
Provision for credit losses (1,280) (1,153) 2,113
Noninterest income 10,122 [3] 7,950 [4] 28,968 [3]
Noninterest expense [5] (19,980) (19,460) (19,685)
INCOME BEFORE PROVISION FOR INCOME TAXES 428 (1,741) 19,739
Provision for income taxes (87) 345 (4,166)
Net income 341 (1,396) 15,573
Total average assets for period ended $ 527,442 $ 417,431 $ 409,363
FTEs 123 132 152
[1] Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.
[2] Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.
[3] Noninterest income includes activity from certain residential mortgage loans that were initially originated for sale and measured at fair value, and subsequently transferred to loans held for investment. Gains and losses from changes in fair value for these loans are reported in earnings as a component of noninterest income. For the years ended December 31, 2023, 2022, and 2021, the Company recorded net increases in fair value of $447,000, net decreases of $1.7 million, and net decreases of $29,000, respectively. As of December 31, 2023, 2022, and 2021, there were $15.1 million, $14.0 million, and $17.8 million, respectively, in residential mortgage loans recorded at fair value as they were previously transferred from loans held for sale to loans held for investment.
[4] Noninterest income includes activity from certain residential mortgage loans that were initially originated for sale and measured at fair value, and subsequently transferred to loans held for investment. Gains and losses from changes in fair value for these loans are reported in earnings as a component of noninterest income. For the years ended December 31, 2023, 2022, and 2021, the Company recorded net increases in fair value of $447,000, net decreases of $1.7 million, and net decreases of $29,000, respectively. As of December 31, 2023, 2022, and 2021, there were $15.1 million, $14.0 million, and $17.8 million, respectively, in residential mortgage loans recorded at fair value as they were previously transferred from loans held for sale to loans held for investment.
[5] Noninterest expense includes allocated overhead expense from general corporate activities. Allocation is determined based on a combination of segment assets and FTEs. For the years ended December 31, 2023, 2022, and 2021, the Home Lending segment included allocated overhead expenses of $6.1 million, $6.2 million, and $7.3 million, respectively.