Note 12 - Subordinated Notes (Tables)

12 Months Ended

Dec. 31, 2024

Subordinated Notes

Schedule of Subordinated Notes

		Amount Outstanding	Interest Rate			Amount Outstanding	Interest Rate
		as of December 31, 2024	as of December 31, 2024			as of December 31, 2023	as of December 31, 2023		Maturity Date
		(dollars in thousands)
Subordinated debenture dated 2/12/19	$	65,000	7.605	%	$	65,000	5.375	%	2/15/2029
Subordinated debenture dated 9/14/20		50,000	5.125	%		50,000	5.125	%	9/15/2030
Subordinated debenture dated 7/29/20*		20,000	5.250	%		20,000	5.250	%	9/30/2030
Subordinated debenture dated 8/18/22		45,000	5.500	%		45,000	5.500	%	9/1/2032
Subordinated debenture dated 8/18/22		55,000	5.950	%		55,000	5.950	%	9/1/2037
Debt issuance costs		(1,511)				(1,936)
Total Subordinated Debentures	$	233,489			$	233,064
*Assumed in acquisition of GFED