Note 23 - Parent Company Only Financial Information (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Condensed Balance Sheet [Table Text Block]

Condensed Balance Sheets	December 31,
Assets	2024		2023
Cash and due from banks	$	9,160	$	9,094
Investment in subsidiary		336,579		305,315
Other assets		487		458
Total assets	$	346,226	$	314,867
Liabilities and stockholders' equity
Subordinated notes, net		49,594		49,527
Other liabilities		865		852
Total liabilities		50,459		50,379
Stockholders' equity		295,767		264,488
Total liabilities and stockholders' equity	$	346,226	$	314,867

Condensed Income Statement [Table Text Block]

Condensed Statements of Income	Year Ended December 31,
	2024			2023			2022
Interest expense on subordinated note	$	(1,942	)	$	(1,942	)	$	(1,942	)
Dividends received from subsidiary		11,832			8,919			9,110
Other expenses		(452	)		(278	)		(274	)
Income before income tax benefit and equity in undistributed net income of subsidiary		9,438			6,699			6,894
Income tax benefit		488			458			465
Equity in undistributed earnings of subsidiary		25,098			28,896			22,290
Net income	$	35,024		$	36,053		$	29,649

Condensed Cash Flow Statement [Table Text Block]

Condensed Statements of Cash Flows	Year Ended December 31,
	2024			2023			2022
Cash flows from operating activities:
Net income	$	35,024		$	36,053		$	29,649
Equity in undistributed net income of subsidiary		(25,098	)		(28,896	)		(22,290	)
Amortization		67			66			67
Share-based compensation expense related to stock options and restricted stock		1,806			2,010			1,971
Changes in operating assets and liabilities
Other assets		(29	)		246			(297	)
Other liabilities		13			18			55
Net cash from operating activities		11,783			9,497			9,155
Cash flows used by financing activities:
(Disbursements) proceeds from stock options exercised		(1,633	)		(273	)		568
Common stock repurchased for employee/director taxes paid on restricted stock awards		(386	)		(355	)		(190	)
Issuance of common stock - employee stock purchase plan		1,075			1,017			503
Common stock repurchased		(2,508	)		(223	)		(15,628	)
Dividends paid on common stock		(8,265	)		(7,764	)		(7,096	)
Net cash used by financing activities		(11,717	)		(7,598	)		(21,843	)
Net increase (decrease) in cash and cash equivalents		66			1,899			(12,688	)
Cash and cash equivalents, beginning of year		9,094			7,195			19,883
Cash and cash equivalents, end of year	$	9,160		$	9,094		$	7,195