v3.25.4
Note 25 - Condensed Parent Company Financial Statements - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net Income (Loss) $ (9,980) $ 26,585 $ 26,674
Stock based compensation 2,838 2,491 2,519
Depreciation, amortization, and accretion, net 3,683 2,268 2,083
Other assets (4,794) 4,912 (22,407)
Increase (decrease) in other liabilities (150) (3,198) 24,978
Net cash provided by operating activities 14,740 31,633 33,544
Purchases of restricted investment in bank stock (1,624) (7,059) (9,123)
Net cash used in investing activities (122,278) (130,748) (228,736)
Repurchase of common stock (732) (43) (6,918)
Cash dividends paid on preferred stock (2,156) (2,156) (2,156)
Cash dividends paid on common stock (3,046) (3,011) (1,882)
Net cash provided by financing activities 200,733 83,028 232,593
Increase (decrease) in Cash and Cash Equivalents, net 93,195 (16,087) 37,401
Parent Company [Member]      
Net Income (Loss) (9,980) 26,585 26,674
Equity in undistributed earnings (losses) of subsidiary 12,733 (23,546) (24,797)
Stock based compensation 2,838 2,491 2,519
Depreciation, amortization, and accretion, net 1,308 397 328
Other assets 295 (1,063) 2,014
Increase (decrease) in other liabilities (16) 829 (274)
Net cash provided by operating activities 7,178 5,693 6,464
Purchases of restricted investment in bank stock (3,504) (1,944) (1,430)
Investment in bank subsidiary 4,000 0 (32,000)
Net cash used in investing activities 496 (1,944) (33,430)
Repurchase of common stock (732) (43) (6,918)
Cash dividends paid on preferred stock (2,156) (2,156) (2,156)
Cash dividends paid on common stock (3,046) (3,011) (1,882)
Net increase in subordinated debt 0 0 42,623
Net cash provided by financing activities (5,934) (5,210) 31,667
Increase (decrease) in Cash and Cash Equivalents, net 1,740 (1,461) 4,701
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 3,616 5,077 376
CASH AND CASH EQUIVALENTS, END OF YEAR $ 5,356 $ 3,616 $ 5,077