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Note 8 - Employee Benefit Plans - Defined Benefit Plan Activity (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Actuarial (gain) loss (3) $ (842) $ 1,542
Fair value of plan assets at beginning of year 32,509  
Fair value of plan assets at end of year 39,208 32,509
Pension Plan [Member]    
Projected benefit obligation at beginning of year 25,750 23,128
Service cost (1) [1] 1,042 813
Interest cost (2) [2] 1,206 1,091
Actuarial (gain) loss (3) [3] (842) 1,542
Benefits paid (1,096) (824)
Projected benefit obligation at end of year 26,060 25,750
Fair value of plan assets at beginning of year 32,509 29,746
Actual return on plan assets 4,795 3,587
Employer contribution 3,000 0
Benefits paid (1,096) (824)
Fair value of plan assets at end of year 39,208 32,509
Funded status at the end of the year 13,148 6,759
Deferred tax liabilities (2,761) (1,419)
Other assets 13,148 6,759
Total amounts recognized in the Consolidated Balance Sheet 10,387 5,340
Net loss (gain) 415 (2,924)
Deferred tax (liability) asset (87) 614
Amount recognized 328 (2,310)
Benefit obligation (26,060) (25,750)
Fair value of assets 39,208 32,509
Unrecognized net actuarial (gain) loss (415) 2,924
Deferred tax liability (2,674) (2,033)
Prepaid benefit cost included in other assets 10,059 7,650
Expected return on plan assets [2] (2,431) (2,070)
Recognized net actuarial loss [2] 134 69
Net periodic benefit cost (49) (97)
Net gain (3,339) (44)
Deferred income tax expense 701 9
Total recognized (2,638) (35)
Total recognized in net periodic benefit cost and other comprehensive income $ (3,388) $ (141)
Discount rate used for net periodic pension cost 4.75% 5.00%
Discount rate used for disclosure 5.50% 4.75%
Expected return on plan assets 7.50% 7.50%
Rate of compensation increase 4.00% 3.00%
[1] Cost is included in salaries and employee benefits expense on the Consolidated Statements of Income.
[2] Cost is included in other operating expense on the Consolidated Statements of Income.
[3] Please see table below for detail on the components of actuarial (gain) loss.