Note 22 - Parent Company Financial Information (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Condensed Balance Sheet [Table Text Block]

	December 31,
Parent Company Condensed Balance Sheets	2022		2021
Cash	$	3,906	$	10,560
Securities available for sale, at fair value		1,639		1,766
Investment in subsidiaries		342,013		372,902
Due from subsidiaries		152		128
Other assets		2,222		607
Total Assets	$	349,932	$	385,963
Junior subordinated debt	$	28,334	$	28,232
Other liabilities		424		2,939
Shareholders' equity		321,174		354,792
Total Liabilities and Shareholders' Equity	$	349,932	$	385,963

Condensed Income Statement [Table Text Block]

	Year Ended December 31,
Parent Company Condensed Statements of Income	2022			2021			2020
Dividends from subsidiary	$	16,000		$	16,000		$	25,500
Other income		146			411			512
Expenses		2,994			3,057			3,369
Income tax benefit		(598	)		(556	)		(600	)
Income before equity in undistributed earnings of subsidiary		13,750			13,910			23,243
Equity in undistributed earnings of subsidiary		20,678			29,616			6,802
Net Income	$	34,428		$	43,526		$	30,045

Condensed Cash Flow Statement [Table Text Block]

	Year Ended December 31,
Parent Company Condensed Statements of Cash Flows	2022			2021			2020
Cash Flows from Operating Activities:
Net income	$	34,428		$	43,526		$	30,045
Adjustments to reconcile net income to net cash provided by operating activities:
(Equity in earnings) of subsidiary		(20,678	)		(29,616	)		(6,802	)
Net amortization of securities		—			10			—
Net change in other assets		(876	)		27			84
Net change in other liabilities		109			102			85
Net cash provided by operating activities		12,983			14,049			23,412
Cash Flows from Investing Activities:
Sales, cal1s and maturities of equity securities		—			6,800			—
Net cash provided by investing activities		—			6,800			—
Cash Flows from Financing Activities:
Common stock dividends paid		(12,144	)		(11,827	)		(11,842	)
Repurchase of common stock		(7,505	)		(8,810	)		(4,981	)
Proceeds from exercise of stock options		12			89			43
Net change in subordinated debt		—			(7,500	)		—
Net cash used in financing activities		(19,637	)		(28,048	)		(16,780	)
Net increase (decrease) in cash and cash equivalents		(6,654	)		(7,199	)		6,632
Cash and cash equivalents at beginning of period		10,560			17,759			11,127
Cash and cash equivalents at end of period	$	3,906		$	10,560		$	17,759