Note 7 - Income Taxes (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

	Three months ended
	March 31,
(in thousands)	2025		2024
Current income tax expense:
Federal	$	6,398	$	5,116
State		1,368		1,198
Total current income tax expense		7,766		6,314
Deferred income tax expense:
Federal		456		587
State		128		167
Total deferred income tax expense		584		754
Change in valuation allowance		-		-
Total income tax expense	$	8,350	$	7,068

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

	Three months ended
	March 31,
	2025			2024
U.S. federal statutory income tax rate		21.00	%		21.00	%
State income taxes, net of federal benefit		2.84			3.27
Excess tax benefit from stock-based compensation arrangements		(0.65	)		0.32
Change in cash surrender value of life insurance		(0.22	)		(0.96	)
Tax Credits		(2.70	)		(0.69	)
Tax exempt interest income		(0.34	)		(0.49	)
Adoption of ASU 2023-02		-			(1.28	)
Other, net		0.13			0.28
Effective tax rate		20.06	%		21.45	%

Schedule of Unfunded Contributions [Table Text Block]

(dollars in thousands)	March 31, 2025
Remainder of 2025	$	73,146
2026		52,979
2027		15,625
2028		1,160
2029		1,324
Thereafter		7,248
Total unfunded contributions	$	151,482

Schedule Of Tax Credits And Other Tax Benefits Recognized And Amortization Expense Related To Tax Credit Partnerships [Table Text Block]

	Three months ended
	March 31,
(in thousands)	2025		2024
Proportional amortization method:
Tax credits and other tax benefits recognized	$	5,692	$	3,551
Amortization expense in provision for income taxes		4,399		2,853
Amortization expense in other non-interest expense		-		-