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Note 11 - Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Income before income tax expense $ 26,457 $ 23,183 $ 25,744 $ 23,083 $ 25,486 $ 28,635 $ 28,831 $ 34,006 $ 98,467 $ 116,958 $ 171,224
Federal statutory rate                 21.00% 21.00% 21.00%
Computed “expected” Federal income tax expense                 $ 20,678 $ 24,561 $ 35,957
State tax, net of federal tax benefit                 6,514 9,404 13,314
162M adjustment                 469 779 777
Bank owned life insurance                 (1,500) (1,326) (1,175)
Tax-exempt interest and dividends                 (2,632) (2,514) (1,969)
Tax benefits from stock-based compensation                 109 (66) (417)
Other, net                 1,036 (883) (474)
Income tax expense $ 6,086 $ 6,022 $ 6,688 $ 5,878 $ 6,213 $ 7,228 $ 7,437 $ 9,077 $ 24,674 $ 29,955 $ 46,013