Note 5 - Loans and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

(dollars in thousands)	June 30, 2023			December 31, 2022
Loans:(1)
Real Estate:
Construction and land development	$	256,916		$	276,876
Commercial real estate (2)		1,183,396			1,312,132
Single-family residential mortgages		1,554,713			1,464,108
Commercial:
Commercial and industrial		131,456			201,223
SBA		53,459			61,411
Other:
Other loans		16,055			20,699
Total loans (1)	$	3,195,995		$	3,336,449
Allowance for credit losses		(43,092	)		(41,076	)
Total loans, net	$	3,152,903		$	3,295,373

Financing Receivable, Allowance for Credit Loss [Table Text Block]

	For the Three Months Ended June 30,
	2023												2022
(dollars in thousands)	Real Estate			Commercial			Other			Total			Real Estate		Commercial			Other			Total
Allowance for credit losses:
Beginning balance	$	40,255		$	2,173		$	643		$	43,071		$	30,634	$	3,196		$	1,597		$	35,427
Provisions		1,013			(378	)		(34	)		601			1,471		(550	)		(6	)		915
Charge-offs		(399	)		(62	)		(153	)		(614	)		—		—			(55	)		(55	)
Recoveries		—			—			34			34			—		—			2			2
Ending allowance balance	$	40,869		$	1,733		$	490		$	43,092		$	32,105	$	2,646		$	1,538		$	36,289

	For the Six Months Ended June 30,
	2023												2022
(dollars in thousands)	Real Estate			Commercial			Other			Total			Real Estate		Commercial			Other			Total
Allowance for credit losses:
Beginning balance	$	37,935		$	2,425		$	716		$	41,076		$	28,592	$	3,793		$	527		$	32,912
ASU 2016-13 Transition Adjustment		—			—			—			—			1,612		(604	)		1,127			2,135
Adjusted beginning balance	$	37,935		$	2,425		$	716		$	41,076		$	30,204	$	3,189		$	1,654		$	35,047
Provisions		3,426			(631	)		(42	)		2,753			1,901		(603	)		(17	)		1,281
Charge-offs		(492	)		(62	)		(221	)		(775	)		—		—			(102	)		(102	)
Recoveries		—			1			37			38			—		60			3			63
Ending allowance balance	$	40,869		$	1,733		$	490		$	43,092		$	32,105	$	2,646		$	1,538		$	36,289

Financing Receivable Credit Quality Indicators [Table Text Block]

(dollars in thousands)	Term Loan by Vintage
June 30, 2023	2023		2022			2021			2020			2019		Prior			Revolving		Revolving Converted to Term During the Period		Total
Real estate:
Construction and land development
Pass	$	188,661	$	32,396		$	19,859		$	3,919		$	197	$	37		$	—	$	—	$	245,069
Special mention		—		—			11,706			—			—		—			—		—		11,706
Substandard		—		—			—			—			—		141			—		—		141
Doubtful		—		—			—			—			—		—			—		—		—
Total	$	188,661	$	32,396		$	31,565		$	3,919		$	197	$	178		$	—	$	—	$	256,916
YTD period charge-offs	$	—	$	—		$	—		$	—		$	—	$	—		$	—	$	—	$	—
YTD period recoveries		—		—			—			—			—		—			—		—		—
Net	$	—	$	—		$	—		$	—		$	—	$	—		$	—	$	—	$	—
Commercial real estate
Pass	$	45,692	$	433,040		$	198,804		$	181,946		$	100,058	$	173,308		$	—	$	—	$	1,132,848
Special mention		—		—			—			—			6,073		—			—		—		6,073
Substandard		305		11,909			—			11,588			2,311		18,362			—		—		44,475
Doubtful		—		—			—			—			—		—			—		—		—
Total	$	45,997	$	444,949		$	198,804		$	193,534		$	108,442	$	191,670		$	—	$	—	$	1,183,396
YTD period charge-offs	$	—	$	—		$	—		$	(399	)	$	—	$	—		$	—	$	—	$	(399	)
YTD period recoveries		—		—			—			—			—		—			—		—		—
Net	$	—	$	—		$	—		$	(399	)	$	—	$	—		$	—	$	—	$	(399	)
Single-family residential mortgages
Pass	$	162,798	$	615,202		$	246,503		$	128,947		$	90,828	$	287,402		$	2,223	$	—	$	1,533,903
Special mention		—		—			—			—			—		3,882			—		—		3,882
Substandard		—		—			—			5,470			—		11,366			92		—		16,928
Doubtful		—		—			—			—			—		—			—		—		—
Total	$	162,798	$	615,202		$	246,503		$	134,417		$	90,828	$	302,650		$	2,315	$	—	$	1,554,713
YTD period charge-offs	$	—	$	—		$	—		$	(93	)	$	—	$	—		$	—	$	—	$	(93	)
YTD period recoveries		—		—			—			—			—		—			—		—		—
Net	$	—	$	—		$	—		$	(93	)	$	—	$	—		$	—	$	—	$	(93	)
Commercial:
Commercial and industrial																						—
Pass	$	143	$	3,626		$	6,822		$	3,889		$	2,974	$	4,972		$	99,072	$	—	$	121,498
Special mention		—		—			—			—			—		2,160			—		—		2,160
Substandard		—		—			—			1,456			12		258			6,065		—		7,791
Doubtful		—		—			—			—			—		—			7		—		7
Total	$	143	$	3,626		$	6,822		$	5,345		$	2,986	$	7,390		$	105,144	$	—	$	131,456
YTD period charge-offs	$	—	$	—		$	—		$	—		$	—	$	—		$	—	$	—	$	—
YTD period recoveries		—		—			—			—			—		—			—		—		—
Net	$	—	$	—		$	—		$	—		$	—	$	—		$	—	$	—	$	—
SBA
Pass	$	1,579	$	11,101		$	10,438		$	6,176		$	4,622	$	14,665		$	—	$	—	$	48,581
Special mention		—		—			329			—			—		—			—		—		329
Substandard		—		—			—			—			86		4,463			—		—		4,549
Doubtful		—		—			—			—			—		—			—		—		—
Total	$	1,579	$	11,101		$	10,767		$	6,176		$	4,708	$	19,128		$	—	$	—	$	53,459
YTD period charge-offs	$	—	$	—		$	—		$	—		$	—	$	(62	)	$	—	$	—	$	(62	)
YTD period recoveries		—		—			—			—			—		1			—		—		1
Net	$	—	$	—		$	—		$	—		$	—	$	(61	)	$	—	$	—	$	(61	)
Other:
Pass	$	225	$	3,282		$	11,217		$	1,073		$	56	$	2		$	19	$	—	$	15,874
Special mention		—		—			—			—			—		—			—		—		—
Substandard		—		120			61			—			—		—			—		—		181
Doubtful		—		—			—			—			—		—			—		—		—
Total	$	225	$	3,402		$	11,278		$	1,073		$	56	$	2		$	19	$	—	$	16,055
YTD period charge-offs	$	—	$	(79	)	$	(132	)	$	(10	)	$	—	$	—		$	—	$	—	$	(221	)
YTD period recoveries		—		—			36			1			—		—			—		—		37
Net	$	—	$	(79	)	$	(96	)	$	(9	)	$	—	$	—		$	—	$	—	$	(184	)
Total by risk rating:
Pass	$	399,098	$	1,098,647		$	493,643		$	325,950		$	198,735	$	480,386		$	101,314	$	—	$	3,097,773
Special mention		—		—			12,035			—			6,073		6,042			—		—		24,150
Substandard		305		12,029			61			18,514			2,409		34,590			6,157		—		74,065
Doubtful		—		—			—			—			—		—			7		—		7
Total loans	$	399,403	$	1,110,676		$	505,739		$	344,464		$	207,217	$	521,018		$	107,478	$	—	$	3,195,995
Net charge-offs	$	—	$	(79	)	$	(96	)	$	(501	)	$	—	$	(61	)	$	—	$	—	$	(737	)

(dollars in thousands)	Term Loan by Vintage
December 31, 2022	2022		2021			2020		2019			2018		Prior			Revolving		Revolving Converted to Term During the Period		Total
Real estate:
Construction and land development
Pass	$	125,216	$	52,262		$	99,016	$	201		$	—	$	40		$	—	$	—	$	276,735
Special mention		—		—			—		—			—		—			—		—		—
Substandard		—		—			—		—			—		141			—		—		141
Doubtful		—		—			—		—			—		—			—		—		—
Total	$	125,216	$	52,262		$	99,016	$	201		$	—	$	181		$	—	$	—	$	276,876
YTD period charge-offs	$	—	$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
YTD period recoveries		—		—			—		—			—		—			—		—		—
Net	$	—	$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
Commercial real estate
Pass	$	479,304	$	293,058		$	195,051	$	110,442		$	73,013	$	117,068		$	—	$	—	$	1,267,936
Special mention		—		—			9,280		—			—		—			—		—		9,280
Substandard		287		—			8,652		2,329			222		23,426			—		—		34,916
Doubtful		—		—			—		—			—		—			—		—		—
Total	$	479,591	$	293,058		$	212,983	$	112,771		$	73,235	$	140,494		$	—	$	—	$	1,312,132
YTD period charge-offs	$	—	$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
YTD period recoveries		—		—			—		—			—		—			—		—		—
Net	$	—	$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
Single-family residential mortgages
Pass	$	637,893	$	255,529		$	137,964	$	96,355		$	134,415	$	182,893		$	2,992	$	—	$	1,448,041
Special mention		—		—			—		—			3,925		—			—		—		3,925
Substandard		—		—			3,954		—			7,631		452			105		—		12,142
Doubtful		—		—			—		—			—		—			—		—		—
Total	$	637,893	$	255,529		$	141,918	$	96,355		$	145,971	$	183,345		$	3,097	$	—	$	1,464,108
YTD period charge-offs	$	—	$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
YTD period recoveries		—		—			—		—			—		—			—		—		—
Net	$	—	$	—		$	—	$	—		$	—	$	—		$	—	$	—	$	—
Commercial:
Commercial and industrial																					—
Pass	$	8,038	$	7,513		$	4,448	$	3,470		$	1,016	$	8,827		$	129,483	$	86	$	162,881
Special mention		—		5,987			—		—			1,638		17,805			3,577		—		29,007
Substandard		—		—			1,600		16			—		339			7,380		—		9,335
Doubtful		—		—			—		—			—		—			—		—		—
Total	$	8,038	$	13,500		$	6,048	$	3,486		$	2,654	$	26,971		$	140,440	$	86	$	201,223
YTD period charge-offs	$	—	$	—		$	—	$	(5	)	$	—	$	—		$	—	$	—	$	(5	)
YTD period recoveries		—		—			—		—			—		2			—		—		2
Net	$	—	$	—		$	—	$	(5	)	$	—	$	2		$	—	$	—	$	(3	)
SBA
Pass	$	14,922	$	10,664		$	6,496	$	4,688		$	2,579	$	16,793		$	—	$	—	$	56,142
Special mention		—		—			—		—			—		—			—		—		—
Substandard		—		—			—		91			1,017		4,161			—		—		5,269
Doubtful		—		—			—		—			—		—			—		—		—
Total	$	14,922	$	10,664		$	6,496	$	4,779		$	3,596	$	20,954		$	—	$	—	$	61,411
YTD period charge-offs	$	—	$	—		$	—	$	—		$	—	$	(14	)	$	—	$	—	$	(14	)
YTD period recoveries		—		—			—		—			—		227			—		—		227
Net	$	—	$	—		$	—	$	—		$	—	$	213		$	—	$	—	$	213
Other:
Pass	$	4,224	$	14,684		$	1,505	$	90		$	7	$	—		$	26	$	—	$	20,536
Special mention		—		—			—		—			—		—			—		—		—
Substandard		105		48			10		—			—		—			—		—		163
Doubtful		—		—			—		—			—		—			—		—		—
Total	$	4,329	$	14,732		$	1,515	$	90		$	7	$	—		$	26	$	—	$	20,699
YTD period charge-offs	$	—	$	(237	)	$	—	$	—		$	—	$	—		$	—	$	—	$	(237	)
YTD period recoveries		—		27			2		—			—		—			—		—		29
Net	$	—	$	(210	)	$	2	$	—		$	—	$	—		$	—	$	—	$	(208	)
Total by risk rating:
Pass	$	1,269,597	$	633,710		$	444,480	$	215,246		$	211,030	$	325,621		$	132,501	$	86	$	3,232,271
Special mention		—		5,987			9,280		—			5,563		17,805			3,577		—		42,212
Substandard		392		48			14,216		2,436			8,870		28,519			7,485		—		61,966
Doubtful		—		—			—		—			—		—			—		—		—
Total loans	$	1,269,989	$	639,745		$	467,976	$	217,682		$	225,463	$	371,945		$	143,563	$	86	$	3,336,449
Net (charge-offs)/recoveries	$	—	$	(210	)	$	2	$	(5	)	$	—	$	215		$	—	$	—	$	2

Financing Receivable, Past Due [Table Text Block]

(dollars in thousands)		30-59		60-89	90 Days		Total		Loans Not				Non-Accrual
June 30, 2023	Days		Days		Or More		Past Due		Past Due		Total Loans		Loans (1)
Real estate:
Construction and land development	$	—	$	—	$	141	$	141	$	256,775	$	256,916	$	141
Commercial real estate		9,118		—		11,909		21,027		1,162,369		1,183,396		22,357
Single-family residential mortgages		6,294		1,448		10,905		18,647		1,536,066		1,554,713		16,517
Commercial:
Commercial and industrial		333		69		7		409		131,047		131,456		610
SBA		—		800		1,148		1,948		51,511		53,459		1,948
Other:		167		54		—		221		15,834		16,055		36
	$	15,912	$	2,371	$	24,110	$	42,393	$	3,153,602	$	3,195,995	$	41,609
Real estate:
Single-family residential mortgages held for sale	$	—	$	—	$	—	$	—	$	555	$	555	$	—

(dollars in thousands)		30-59		60-89	90 Days		Total		Loans Not				Non-Accrual
December 31, 2022	Days		Days		Or More		Past Due		Past Due		Total Loans		Loans (1)
Real estate:
Construction and land development	$	—	$	—	$	141	$	141	$	276,735	$	276,876	$	141
Commercial real estate		558		240		1,191		1,989		1,310,143		1,312,132		13,189
Single-family residential mortgages		12,764		2,555		4,100		19,419		1,444,689		1,464,108		5,936
Commercial:
Commercial and industrial		—		545		7		552		200,671		201,223		713
SBA		150		1,017		1,228		2,395		59,016		61,411		2,245
Other:		154		76		99		329		20,370		20,699		99
	$	13,626	$	4,433	$	6,766	$	24,825	$	3,311,624	$	3,336,449	$	22,323

Financing Receivable, Nonaccrual [Table Text Block]

	Nonaccrual
	With No
(dollars in thousands)	Allowance
June 30, 2023	for Credit Loss		Nonaccrual
Real estate:
Construction and land development	$	141	$	141
Commercial real estate		22,357		22,357
Single-family residential mortgages		16,517		16,517
Commercial:
Commercial and industrial		610		610
SBA		1,948		1,948
Other:		29		36
Total	$	41,602	$	41,609

	Nonaccrual
	With No
(dollars in thousands)	Allowance
December 31, 2022	for Credit Loss		Nonaccrual
Real estate:
Construction and land development	$	141	$	141
Commercial real estate		1,191		13,189
Single-family residential mortgages		5,936		5,936
Commercial:
Commercial and industrial		713		713
SBA		2,245		2,245
Other:		51		99
Total	$	10,277	$	22,323