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Note 6 - Loans and Allowance for Credit Losses (Tables)
12 Months Ended
Dec. 31, 2024
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  

December 31,

  

December 31,

 

(dollars in thousands)

 

2024

  

2023

 

Commercial

        

Commercial and industrial

 $666,727  $562,180 

Commercial real estate

        

Construction, land and development

  294,677   124,034 

Multifamily

  363,123   245,103 

Non-owner occupied

  967,025   569,354 

Owner occupied

  371,418   271,623 

Total commercial real estate

  1,996,243   1,210,114 

Agricultural

        

Land

  61,299   40,832 

Production

  63,008   36,141 

Total agricultural

  124,307   76,973 

Total commercial

  2,787,277   1,849,267 

Consumer

        

Residential real estate

        

First lien

  921,019   697,900 

Construction

  33,547   28,979 

HELOC

  162,509   118,315 

Junior lien

  44,060   35,819 

Total residential real estate

  1,161,135   881,013 

Other consumer

  44,122   29,303 

Total consumer

  1,205,257   910,316 

Total loans

 $3,992,534  $2,759,583 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

Year ended December 31, 2024

 
  

Beginning

  

ACL on PCD

  

Provision for

  

Loan

  

Loan

  

Ending

 

(dollars in thousands)

 

Balance

  

Acquired Loans

  

Credit Losses(1)

  

Charge-offs

  

Recoveries

  

Balance

 

Commercial

                        

Commercial and industrial

 $9,705  $92  $1,598  $(3,727) $502  $8,170 

Commercial real estate

                        

Construction, land and development

  6,135   1,595   8,547         16,277 

Multifamily

  1,776   1,154   1,786         4,716 

Non-owner occupied

  7,726   5,682   3,105         16,513 

Owner occupied

  2,449   705   263   (237)  46   3,226 

Total commercial real estate

  18,086   9,136   13,701   (237)  46   40,732 

Agricultural

                        

Land

  96   229   252      20   597 

Production

  84   386   180   (26)  7   631 

Total agricultural

  180   615   432   (26)  27   1,228 

Total commercial

  27,971   9,843   15,731   (3,990)  575   50,130 

Consumer

                        

Residential real estate

                        

First lien

  6,087   219   615         6,921 

Construction

  485   34   (162)        357 

HELOC

  835   23   500   (19)     1,339 

Junior lien

  264   19   1,023   (638)  74   742 

Total residential real estate

  7,671   295   1,976   (657)  74   9,359 

Other consumer

  201   13   382   (186)  30   440 

Total consumer

  7,872   308   2,358   (843)  104   9,799 

Total

 $35,843  $10,151  $18,089  $(4,833) $679  $59,929 
  

Year ended December 31, 2023

 
  

Beginning

  

Adoption

  

Provision for

  

Loan

  

Loan

  

Ending

 

(dollars in thousands)

 

Balance

  

of ASC 326

  

Credit Losses(1)

  

Charge-offs

  

Recoveries

  

Balance

 

Commercial

                        

Commercial and industrial

 $8,690  $(535) $827  $(436) $1,159  $9,705 

Commercial real estate

                        

Construction, land and development

  1,458   2,551   1,875      251   6,135 

Multifamily

  1,062   (162)  876         1,776 

Non-owner occupied

  7,543   1,344   (1,161)        7,726 

Owner occupied

  4,188   (1,324)  (459)     44   2,449 

Total commercial real estate

  14,251   2,409   1,131      295   18,086 

Agricultural

                        

Land

  281   (86)  (100)     1   96 

Production

  250   (76)  (90)        84 

Total agricultural

  531   (162)  (190)     1   180 

Total commercial

  23,472   1,712   1,768   (436)  1,455   27,971 

Consumer

                        

Residential real estate

                        

First lien

  5,495   1,800   (1,201)  (9)  2   6,087 

Construction

  345   468   (328)        485 

HELOC

  951   59   (214)  (40)  79   835 

Junior lien

  352   (85)  24   (77)  50   264 

Total residential real estate

  7,143   2,242   (1,719)  (126)  131   7,671 

Other consumer

  531   (97)  (274)  (51)  92   201 

Total consumer

  7,674   2,145   (1,993)  (177)  223   7,872 

Total

 $31,146  $3,857  $(225) $(613) $1,678  $35,843 
  

Year ended December 31, 2022

 
  

Beginning

  

Provision for

  

Loan

  

Loan

  

Ending

 
  

Balance

  

Loan Losses

  

Charge-offs

  

Recoveries

  

Balance

 

(dollars in thousands)

                    

Commercial

                    

Commercial and industrial

 $9,218  $950  $(1,396) $461  $9,233 

Real estate construction

  810   551      76   1,437 

Commercial real estate

  12,778   (151)     134   12,761 

Total commercial

  22,806   1,350   (1,396)  671   23,431 

Consumer

                    

Residential real estate first mortgage

  6,874   (1,017)        5,857 

Residential real estate junior lien

  1,380   (344)     282   1,318 

Other revolving and installment

  512   11   (153)  170   540 

Total consumer

  8,766   (1,350)  (153)  452   7,715 

Total

 $31,572  $  $(1,549) $1,123  $31,146 
Financing Receivable Credit Quality Indicators [Table Text Block]
                          

Revolving

     

(dollars in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

  

Loans Amortized

     

As of December 31, 2024

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Cost Basis

  

Total

 

Commercial and industrial

                                

Pass

 $209,001  $141,028  $61,254  $34,645  $38,342  $36,136  $111,194  $631,600 

Special mention

  1,367   495   3,286   2,239   5,575   1   1,651   14,614 

Substandard

     12,663   220   780   3,154   2,447   1,198   20,462 

Doubtful

                 51      51 

Subtotal

 $210,368  $154,186  $64,760  $37,664  $47,071  $38,635  $114,043  $666,727 

Gross charge-offs for the year ended

 $  $218  $2  $397  $2,768  $342  $  $3,727 

CRE − Construction, land and development

                                

Pass

 $97,244  $112,845  $40,890  $1,560  $517  $1,187  $2,801  $257,044 

Special mention

        172               172 

Substandard

  5,406      31,585         170   300   37,461 

Doubtful

                        

Subtotal

 $102,650  $112,845  $72,647  $1,560  $517  $1,357  $3,101  $294,677 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

CRE − Multifamily

                                

Pass

 $35,112  $62,982  $138,698  $33,782  $33,157  $32,204  $  $335,935 

Special mention

        7,644   272   1,241         9,157 

Substandard

              17,732   299      18,031 

Doubtful

                        

Subtotal

 $35,112  $62,982  $146,342  $34,054  $52,130  $32,503  $  $363,123 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

CRE − Non-owner occupied

                                

Pass

 $189,068  $149,368  $223,349  $98,309  $71,432  $188,617  $1,709  $921,852 

Special mention

        1,694   8,603      4,148   4,195   18,640 

Substandard

           7,767   6,347   12,419      26,533 

Doubtful

                        

Subtotal

 $189,068  $149,368  $225,043  $114,679  $77,779  $205,184  $5,904  $967,025 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

CRE − Owner occupied

                                

Pass

 $63,721  $41,918  $60,788  $44,957  $38,941  $91,804  $1,652  $343,781 

Special mention

  451         937   2,981   2,735      7,104 

Substandard

     311   3,023   2,694      13,538   967   20,533 

Doubtful

                        

Subtotal

 $64,172  $42,229  $63,811  $48,588  $41,922  $108,077  $2,619  $371,418 

Gross charge-offs for the year ended

 $  $12  $97  $  $  $128  $  $237 

Agricultural − Land

                                

Pass

 $10,496  $8,864  $14,369  $5,840  $5,103  $8,473  $120  $53,265 

Special mention

  69   1,612   3,275               4,956 

Substandard

     303   2,166      609         3,078 

Doubtful

                        

Subtotal

 $10,565  $10,779  $19,810  $5,840  $5,712  $8,473  $120  $61,299 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Agricultural − Production

                                

Pass

 $10,445  $6,440  $4,356  $724  $1,121  $582  $34,527  $58,195 

Special mention

  130   704         420      1,518   2,772 

Substandard

        1,987         54      2,041 

Doubtful

                        

Subtotal

 $10,575  $7,144  $6,343  $724  $1,541  $636  $36,045  $63,008 

Gross charge-offs for the year ended

 $  $  $  $  $  $26  $  $26 

Residential real estate − First lien

                                

Performing

 $49,414  $144,460  $226,993  $251,006  $127,200  $118,958  $  $918,031 

Nonperforming

     576      744   12   1,656      2,988 

Subtotal

 $49,414  $145,036  $226,993  $251,750  $127,212  $120,614  $  $921,019 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Residential real estate − Construction

                                

Performing

 $19,229  $6,449  $1,900  $1,289  $  $  $  $28,867 

Nonperforming

        4,680               4,680 

Subtotal

 $19,229  $6,449  $6,580  $1,289  $  $  $  $33,547 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Residential real estate − HELOC

                                

Performing

 $3,290  $5,558  $6,217  $1,622  $939  $2,717  $140,707  $161,050 

Nonperforming

     35            74   1,350   1,459 

Subtotal

 $3,290  $5,593  $6,217  $1,622  $939  $2,791  $142,057  $162,509 

Gross charge-offs for the year ended

 $  $  $  $  $  $19  $  $19 

Residential real estate − Junior lien

                                

Performing

 $7,762  $11,557  $9,553  $4,990  $2,760  $4,178  $50  $40,850 

Nonperforming

  1,775      300   108      1,027      3,210 

Subtotal

 $9,537  $11,557  $9,853  $5,098  $2,760  $5,205  $50  $44,060 

Gross charge-offs for the year ended

 $  $  $  $  $  $638  $  $638 

Other consumer

                                

Performing

 $9,618  $4,695  $4,853  $502  $2,541  $4,069  $17,505  $43,783 

Nonperforming

     11   272      7   49      339 

Subtotal

 $9,618  $4,706  $5,125  $502  $2,548  $4,118  $17,505  $44,122 

Gross charge-offs for the year ended

 $  $8  $3  $150  $4  $21  $  $186 

Total loans

 $713,598  $712,874  $853,524  $503,370  $360,131  $527,593  $321,444  $3,992,534 

Gross charge-offs for the year ended

 $  $238  $102  $547  $2,772  $1,174  $  $4,833 
                          

Revolving

     

(dollars in thousands)

 

Term Loans Amortized Cost Basis by Origination Year

  

Loans Amortized

     

As of December 31, 2023

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Cost Basis

  

Total

 

Commercial and industrial

                                

Pass

 $189,643  $83,233  $66,837  $62,367  $31,859  $14,879  $83,522  $532,340 

Special mention

                        

Substandard

  464   4,844   236   6,328   94   2,513   15,361   29,840 

Doubtful

                        

Subtotal

 $190,107  $88,077  $67,073  $68,695  $31,953  $17,392  $98,883  $562,180 

Gross charge-offs for the year ended

 $39  $  $49  $11  $247  $90  $  $436 

CRE Construction, land and development

                                

Pass

 $29,902  $57,944  $14,326  $122  $  $952  $121  $103,367 

Special mention

                        

Substandard

     20,667                  20,667 

Doubtful

                        

Subtotal

 $29,902  $78,611  $14,326  $122  $  $952  $121  $124,034 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

CRE Multifamily

                                

Pass

 $71,994  $67,368  $16,637  $48,643  $24,581  $15,435  $135  $244,793 

Special mention

                        

Substandard

                 310      310 

Doubtful

                        

Subtotal

 $71,994  $67,368  $16,637  $48,643  $24,581  $15,745  $135  $245,103 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

CRE Non-owner occupied

                                

Pass

 $154,813  $127,550  $79,046  $62,857  $69,269  $69,680  $5,121  $568,336 

Special mention

                        

Substandard

              875   143      1,018 

Doubtful

                        

Subtotal

 $154,813  $127,550  $79,046  $62,857  $70,144  $69,823  $5,121  $569,354 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

CRE Owner occupied

                                

Pass

 $39,030  $55,337  $41,623  $36,339  $22,340  $66,574  $2,538  $263,781 

Special mention

                 262      262 

Substandard

     587   2,872      2,815   1,306      7,580 

Doubtful

                        

Subtotal

 $39,030  $55,924  $44,495  $36,339  $25,155  $68,142  $2,538  $271,623 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Agricultural Land

                                

Pass

 $6,424  $15,294  $4,721  $5,958  $672  $7,763  $  $40,832 

Special mention

                        

Substandard

                        

Doubtful

                        

Subtotal

 $6,424  $15,294  $4,721  $5,958  $672  $7,763  $  $40,832 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Agricultural Production

                                

Pass

 $7,890  $5,858  $854  $1,904  $2,744  $174  $16,717  $36,141 

Special mention

                        

Substandard

                        

Doubtful

                        

Subtotal

 $7,890  $5,858  $854  $1,904  $2,744  $174  $16,717  $36,141 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Residential real estate First lien

                                

Performing

 $61,201  $190,749  $217,146  $108,100  $33,102  $87,213  $284  $697,795 

Nonperforming

                 105      105 

Subtotal

 $61,201  $190,749  $217,146  $108,100  $33,102  $87,318  $284  $697,900 

Gross charge-offs for the year ended

 $  $  $9  $  $  $  $  $9 

Residential real estate Construction

                                

Performing

 $10,978  $16,428  $1,573  $  $  $  $  $28,979 

Nonperforming

                        

Subtotal

 $10,978  $16,428  $1,573  $  $  $  $  $28,979 

Gross charge-offs for the year ended

 $  $  $  $  $  $  $  $ 

Residential real estate HELOC

                                

Performing

 $7,470  $6,835  $789  $1,184  $308  $1,341  $100,388  $118,315 

Nonperforming

                        

Subtotal

 $7,470  $6,835  $789  $1,184  $308  $1,341  $100,388  $118,315 

Gross charge-offs for the year ended

 $  $  $  $  $  $40  $  $40 

Residential real estate Junior lien

                                

Performing

 $10,938  $8,820  $5,157  $3,673  $1,461  $3,939  $50  $34,038 

Nonperforming

                    1,781   1,781 

Subtotal

 $10,938  $8,820  $5,157  $3,673  $1,461  $3,939  $1,831  $35,819 

Gross charge-offs for the year ended

 $  $  $  $  $  $77  $  $77 

Other consumer

                                

Performing

 $5,320  $6,395  $980  $4,489  $1,554  $952  $9,613  $29,303 

Nonperforming

                        

Subtotal

 $5,320  $6,395  $980  $4,489  $1,554  $952  $9,613  $29,303 

Gross charge-offs for the year ended

 $4  $2  $  $31  $6  $8  $  $51 

Total loans

 $596,067  $667,909  $452,797  $341,964  $191,674  $273,541  $235,631  $2,759,583 

Gross charge-offs for the year ended

 $43  $2  $58  $42  $253  $215  $  $613 
Financing Receivable, Past Due [Table Text Block]
  

December 31, 2024

 
              

90 Days

         
  

Accruing

  

30 - 59 Days

  

60 - 89 Days

  

or More

      

Total

 

(dollars in thousands)

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Nonaccrual

  

Loans

 

Commercial

                        

Commercial and industrial

 $654,073  $903  $133  $8,400  $3,218  $666,727 

Commercial real estate

                        

Construction, land and development

  264,633            30,044   294,677 

Multifamily

  363,123               363,123 

Non-owner occupied

  961,808            5,217   967,025 

Owner occupied

  369,176   225         2,017   371,418 

Total commercial real estate

  1,958,740   225         37,278   1,996,243 

Agricultural

                        

Land

  60,690            609   61,299 

Production

  62,269   87         652   63,008 

Total agricultural

  122,959   87         1,261   124,307 

Total commercial

  2,735,772   1,215   133   8,400   41,757   2,787,277 

Consumer

                        

Residential real estate

                        

First lien

  915,167   2,104   707   53   2,988   921,019 

Construction

  28,867            4,680   33,547 

HELOC

  160,430   169   450      1,460   162,509 

Junior lien

  40,454   396         3,210   44,060 

Total residential real estate

  1,144,918   2,669   1,157   53   12,338   1,161,135 

Other consumer

  43,651   103   30      338   44,122 

Total consumer

  1,188,569   2,772   1,187   53   12,676   1,205,257 

Total

 $3,924,341  $3,987  $1,320  $8,453  $54,433  $3,992,534 
  

December 31, 2023

 
              

90 Days

         
  

Accruing

  

30 - 59 Days

  

60 - 89 Days

  

or More

      

Total

 

(dollars in thousands)

 

Current

  

Past Due

  

Past Due

  

Past Due

  

Nonaccrual

  

Loans

 

Commercial

                        

Commercial and industrial

 $554,602  $844  $  $139  $6,595  $562,180 

Commercial real estate

                        

Construction, land and development

  124,034               124,034 

Multifamily

  245,103               245,103 

Non-owner occupied

  569,267   87            569,354 

Owner occupied

  270,467   41         1,115   271,623 

Total commercial real estate

  1,208,871   128         1,115   1,210,114 

Agricultural

                        

Land

  40,832               40,832 

Production

  36,061   80            36,141 

Total agricultural

  76,893   80            76,973 

Total commercial

  1,840,366   1,052      139   7,710   1,849,267 

Consumer

                        

Residential real estate

                        

First lien

  695,807   901   554      638   697,900 

Construction

  28,979               28,979 

HELOC

  117,540   597         178   118,315 

Junior lien

  35,680   69         70   35,819 

Total residential real estate

  878,006   1,567   554      886   881,013 

Other consumer

  29,086   170   47         29,303 

Total consumer

  907,092   1,737   601      886   910,316 

Total

 $2,747,458  $2,789  $601  $139  $8,596  $2,759,583 
Financing Receivable, Nonaccrual [Table Text Block]
  

As of December 31, 2024

 
          

90 Days

 
  

Nonaccrual

      

or More

 
  

with no Allowance

      

Past Due

 

(dollars in thousands)

 

for Credit Losses

  

Nonaccrual

  

and Accruing

 

Commercial

            

Commercial and industrial

 $2,952  $3,218  $8,400 

Commercial real estate

            

Construction, land and development

  24,638   30,044    

Multifamily

         

Non-owner occupied

  5,217   5,217    

Owner occupied

  1,706   2,017    

Total commercial real estate

  31,561   37,278    

Agricultural

            

Land

  609   609    

Production

  652   652    

Total agricultural

  1,261   1,261    

Total commercial

  35,774   41,757   8,400 

Consumer

            

Residential real estate

            

First lien

  2,614   2,988   53 

Construction

  4,680   4,680    

HELOC

     1,460    

Junior lien

  2,696   3,210    

Total residential real estate

  9,990   12,338   53 

Other consumer

     338    

Total consumer

  9,990   12,676   53 

Total

 $45,764  $54,433  $8,453 
  

December 31, 2023

 
          

90 Days

 
  

Nonaccrual

      

or More

 
  

with no Allowance

      

Past Due

 

(dollars in thousands)

 

for Credit Losses

  

Nonaccrual

  

and Accruing

 

Commercial

            

Commercial and industrial

 $79  $6,595  $139 

Commercial real estate

            

Construction, land and development

         

Multifamily

         

Non-owner occupied

         

Owner occupied

  95   1,115    

Total commercial real estate

  95   1,115    

Agricultural

            

Land

         

Production

         

Total agricultural

         

Total commercial

  174   7,710   139 

Consumer

            

Residential real estate

            

First lien

  632   638    

Construction

         

HELOC

  115   178    

Junior lien

  70   70    

Total residential real estate

  817   886    

Other consumer

         

Total consumer

  817   886    

Total

 $991  $8,596  $139 
Financing Receivable, Collateral Dependant [Table Text Block]
  

As of December 31, 2024

 
  

Primary Type of Collateral

 
                  

Allowance for

 

(dollars in thousands)

 

Real estate

  

Equipment

  

Other

  

Total

  

Credit Losses

 

Commercial

                    

Commercial and industrial

 $2,885  $275  $  $3,160  $4 

Commercial real estate

                    

Construction, land and development

  30,044         30,044   4,984 

Multifamily

               

Non-owner occupied

  5,217         5,217    

Owner occupied

  1,936         1,936   9 

Total commercial real estate

  37,197         37,197   4,993 

Agricultural

                    

Land

  609         609    

Production

     652      652    

Total agricultural

  609   652      1,261    

Total commercial

  40,691   927      41,618   4,997 

Consumer

                    

Residential real estate

                    

First lien

  2,514         2,514   7 

Construction

  4,680         4,680    

HELOC

  1,366         1,366   252 

Junior lien

  3,105         3,105   330 

Total residential real estate

  11,665         11,665   589 

Other consumer

        289   289   50 

Total consumer

  11,665      289   11,954   639 

Total

 $52,356  $927  $289  $53,572  $5,636 
  

As of December 31, 2023

 
  

Primary Type of Collateral

 
                  

Allowance for

 

(dollars in thousands)

 

Real estate

  

Equipment

  

Other

  

Total

  

Credit Losses

 

Commercial

                    

Commercial and industrial

 $6,124  $  $  $6,124  $2,384 

Commercial real estate

                    

Construction, land and development

               

Multifamily

               

Non-owner occupied

               

Owner occupied

  695      96   791   601 

Total commercial real estate

  695      96   791   601 

Agricultural

                    

Land

               

Production

               

Total agricultural

               

Total commercial

  6,819      96   6,915   2,985 

Consumer

                    

Residential real estate

                    

First lien

  638         638   3 

Construction

               

HELOC

  64   22      86    

Junior lien

  70      93   163   6 

Total residential real estate

  772   22   93   887   9 

Other consumer

               

Total consumer

  772   22   93   887   9 

Total

 $7,591  $22  $189  $7,802  $2,994 
Financing Receivable, Modified [Table Text Block]
                  

Combination Term

  

Combination Term

     
  

Interest Rate

  

Principal

  

Term

  

Payment

  

Extension and

  

Extension and Interest

  

Total %

 

(dollars in thousands)

 

Reduction

  

Forgiveness

  

Extension

  

Delay

  

Principal Forgiveness

  

Rate Reduction

  

of Portfolio

 

CRE − Construction, land and development

 $24,638  $  $  $  $  $3,840   9.7%
  

Weighted Average

      

Weighted Average

 
  

Interest Rate

  

Principal

  

Term Extension

 

(dollars in thousands)

 

Reduction

  

Forgiveness

  

(Years)

 

CRE − Construction, land and development

  2.4% $   1.4