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Note 2 - Acquisition - Unaudited Pro Forma Information (Details) - Kentucky Bancshares [Member] - USD ($)
$ / shares in Units, shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net interest income $ 45,483,000 $ 42,458,000 $ 139,526,000 $ 126,614,000
Provision for credit losses (1,525,000) 4,718,000 (6,067) [1] 19,793 [1]
Non-interest income 17,614,000 17,188,000 53,704,000 49,907,000
Non-interest expense 34,558,000 35,238,000 106,361,000 [2] 101,102,000 [2]
Income before taxes 30,064,000 19,690,000 92,936,000 55,626,000
Income tax expense 6,902,000 1,907,000 18,881,000 6,623,000
Net income $ 23,162,000 $ 17,783,000 $ 74,055,000 $ 49,003,000
Basic (in dollars per share) $ 0.87 $ 0.67 $ 2.79 $ 1.86
Diluted (in dollars per share) $ 0.87 $ 0.67 $ 2.77 $ 1.84
Basic weighted average shares outstanding (in shares) 26,485 26,385 26,532 26,356
Diluted weighted average shares outstanding (in shares) 26,726 26,605 26,773 26,562
Provision for credit losses (1) $ (1,525,000) $ 4,718,000 $ (6,067) [1] $ 19,793 [1]
[1] Excludes $7.4 million in merger related credit loss expense for the nine months ended September 30, 2021, respectively.
[2] Excludes $19.0 million in pre-tax merger expenses for the nine months ended September 30, 2021, respectively.