Note 22 - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Condensed Balance Sheet [Table Text Block]

Condensed Balance Sheets:
December 31,	2024		2023
Assets:
Cash on deposit with subsidiary	$	55		2,370
Cash on deposit with unrelated depository institution		54		48
Investment in subsidiaries		262,297		244,344
Other assets		1,123		872
Total assets	$	263,529		247,634
Liabilities:
Long-term debt		10,153		12,154
Other liabilities		340		177
Total liabilities		10,493		12,331
Shareholders' equity		253,036		235,303
Total liabilities and shareholders' equity	$	263,529		247,634

Condensed Income Statement [Table Text Block]

Condensed Statements of Income
Year ended December 31,	2024			2023			2022
Income:
Dividends from subsidiaries	$	22,540			30,015			17,850
Interest and dividends		2			10			35
Other income (loss), net		11			(62	)		(123	)
Total income		22,553			29,963			17,762
Total expenses		3,511			4,112			3,305
Income before income tax benefit and equity in undistributed income of subsidiaries		19,042			25,851			14,457
Income tax benefit		(703	)		(738	)		(705	)
Equity in undistributed income (loss) of subsidiaries		(6,253	)		(13,961	)		6,966
Net income	$	13,492			12,628			22,128

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	$	13,492			12,628			22,128
Adjustments for non-cash items -
Increase (decrease) in undistributed income of subsidiaries		6,253			13,961			(6,966	)
Other, net		1,011			292			636
Net cash flows provided by operating activities		20,756			26,881			15,798
Cash flows from investing activities:
Proceeds from sales of equity securities		—			963			—
Cash paid for business acquisition, net of cash received		(9,382	)		(9,208	)		—
Net cash flows provided by (used in) investing activities		(9,382	)		(8,245	)		—
Cash flows from financing activities:
Net increase (decrease) in short-term borrowings		—			(3,000	)		3,000
Proceeds from long-term debt		—			—			15,000
Principal payments on long-term debt		(2,001	)		(1,918	)		(928	)
Proceeds from issuance of common stock		525			428			409
Payments to repurchase common stock		12			(3,326	)		(23,660	)
Cash dividends paid on common stock		(12,219	)		(9,938	)		(9,191	)
Other		—			—			—
Net cash flows used in financing activities		(13,683	)		(17,754	)		(15,370	)
Net change in cash		(2,309	)		882			428
Cash at beginning of year		2,418			1,536			1,108
Cash at end of year	$	109			2,418			1,536