XML 63 R43.htm IDEA: XBRL DOCUMENT v3.24.0.1
Note 6 - Premises and Equipment and Premises Held for Sale (Tables)
12 Months Ended
Dec. 31, 2023
Notes Tables  
Property, Plant and Equipment [Table Text Block]

December 31, (in thousands)

 

2023

  

2022

 
         

Land

 $22,517  $23,011 

Buildings and improvements

  71,695   72,322 

Furniture and equipment

  24,602   25,367 

Construction in progress

  2,782   1,660 

Right-of-use operating lease asset

  21,007   19,694 
         

Total

  142,603   142,054 
         

Accumulated depreciation and amortization

  (41,429)  (40,442)
         

Total premises and equipment

 $101,174  $101,612 
Detail Regarding Operating Leases of Lessee [Table Text Block]

December 31, (dollars in thousands)

 

2023

  

2022

 
         

Balance Sheet

        

Operating lease right-of-use asset

 $21,007  $19,694 

Operating lease liability

  22,487   21,008 
         

Weighted average remaining lease term (years)

  9.8   9.0 

Weighted average discount rate

  2.84%  2.57%
         

Maturities of lease liabilities:

        

One year or less

 $3,365  $3,453 

Year two

  2,864   3,293 

Year three

  2,543   2,739 

Year four

  2,536   2,339 

Year five

  2,547   2,245 

Greater than five years

  12,059   9,559 

Total lease payments

 $25,914  $23,628 

Less imputed interest

  3,427   2,620 

Total

 $22,487  $21,008 

Years ended December 31, (in thousands)

 

2023

  

2022

  

2021

 
             

Income Statement

            

Components of lease expense:

            

Operating lease cost

 $3,338  $3,077  $2,239 

Variable lease cost

  313   237   227 

Less sublease income

  101   96   95 

Total lease cost

 $3,550  $3,218  $2,371 

Years ended December 31, (in thousands)

 

2023

  

2022

  

2021

 
             

Cash flow Statement

            

Supplemental cash flow information:

            

Operating cash flows from operating leases

 $4,063  $3,833  $2,568