v3.25.4
Note 26 - Segment Information - Schedule of Segment Reporting Information, by Segment (Details) - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Interest income - loans, including fees - (1) [1] $ 125,177,000 $ 116,482,000 $ 79,045,000
Interest income - investments, other 9,438,000 7,939,000 4,973,000
Service charge income 1,996,000 2,149,000 2,420,000
Other fee income 1,256,000 1,191,000 2,241,000
Total 137,867,000 127,761,000 88,679,000
Interest expense - deposits 68,165,000 42,868,000 10,086,000
Interest expense - subordinated debt, other 3,876,000 4,811,000 3,283,000
Total Interest Expense 72,041,000 47,679,000 13,369,000
Segment gross profit 65,826,000 80,082,000 75,310,000
Provision for credit losses 6,763,000 1,642,000 2,398,000
Salaries and employee benefits 30,475,000 28,267,000 23,801,000
Furniture and equipment expenses 3,636,000 2,787,000 2,786,000
Advertising and marketing 2,199,000 2,343,000 2,304,000
Outside services 3,627,000 2,044,000 2,075,000
Income (Loss) before income taxes (13,904,000) 32,824,000 33,388,000
Interest income 134,615,000 124,421,000 84,018,000
Interest expense 72,041,000 47,679,000 13,369,000
Depreciation 1,470,000 1,262,000 1,279,000
Amortization 3,164,000 1,483,000 1,300,000
Provision for credit losses, net 6,763,000 1,642,000 2,398,000
Total Assets 2,228,098,000 2,035,432,000 1,878,197,000
Expenditures for segment assets 163,143,000 144,269,000 510,198,000
Computer Software and Related Prepaid Assets [Member]      
Computer software intangible impairment 19,721,000 0 0
Core Banking Segment [Member]      
Interest income - loans, including fees - (1) [1] 123,609,000 114,120,000 77,954,000
Interest income - investments, other 9,438,000 7,939,000 4,973,000
Service charge income 1,298,000 1,281,000 1,414,000
Other fee income 1,256,000 1,191,000 2,241,000
Total 135,601,000 124,531,000 86,582,000
Interest expense - deposits 68,062,000 42,850,000 10,080,000
Interest expense - subordinated debt, other 3,876,000 4,811,000 3,283,000
Total Interest Expense 71,938,000 47,661,000 13,363,000
Segment gross profit 63,663,000 76,870,000 73,219,000
Provision for credit losses 6,763,000 1,642,000 2,398,000
Salaries and employee benefits 28,207,000 26,688,000 22,623,000
Furniture and equipment expenses 2,944,000 2,431,000 2,658,000
Advertising and marketing 2,058,000 2,208,000 1,993,000
Outside services 1,753,000 1,206,000 1,532,000
Other operating expenses 12,473,000 9,800,000 8,188,000
Total non-interest expense 54,198,000 43,975,000 39,392,000
Income (Loss) before income taxes 9,465,000 32,895,000 33,827,000
Interest income 133,047,000 122,059,000 82,927,000
Interest expense 71,938,000 47,661,000 13,363,000
Depreciation 1,450,000 1,242,000 1,274,000
Amortization 2,717,000 1,483,000 1,300,000
Provision for credit losses, net 6,763,000 1,642,000 2,398,000
Total Assets 2,228,036,000 2,020,693,000 1,868,944,000
Expenditures for segment assets 158,263,000 138,761,000 503,542,000
Core Banking Segment [Member] | Computer Software and Related Prepaid Assets [Member]      
Computer software intangible impairment 0    
Financial Technology Segment [Member]      
Interest income - loans, including fees - (1) [1] 1,568,000 2,362,000 1,091,000
Interest income - investments, other 0 0 0
Service charge income 698,000 868,000 1,006,000
Other fee income 0 0 0
Total 2,266,000 3,230,000 2,097,000
Interest expense - deposits 103,000 18,000 6,000
Interest expense - subordinated debt, other 0 0 0
Total Interest Expense 103,000 18,000 6,000
Segment gross profit 2,163,000 3,212,000 2,091,000
Provision for credit losses 0 0 0
Salaries and employee benefits 2,268,000 1,579,000 1,178,000
Furniture and equipment expenses 692,000 356,000 128,000
Advertising and marketing 141,000 135,000 311,000
Outside services 1,874,000 838,000 543,000
Other operating expenses 836,000 375,000 370,000
Total non-interest expense 25,532,000 3,283,000 2,530,000
Income (Loss) before income taxes (23,369,000) (71,000) (439,000)
Interest income 1,568,000 2,362,000 1,091,000
Interest expense 103,000 18,000 6,000
Depreciation 20,000 20,000 5,000
Amortization 447,000 0 0
Provision for credit losses, net 0 0 0
Total Assets 62,000 14,739,000 9,253,000
Expenditures for segment assets 4,880,000 $ 5,508,000 $ 6,656,000
Financial Technology Segment [Member] | Computer Software and Related Prepaid Assets [Member]      
Computer software intangible impairment $ 19,721,000    
[1] Includes transfer pricing on average deposits outstanding for the period