v3.26.1
Note 5 - Loans and Allowance for Credit Losses (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 

Construction and development

 $261,799  $147,980 

1-4 Family

  907,385   376,238 

Multifamily

  144,234   130,005 

Farmland

  9,850   4,788 

Commercial real estate

  1,020,728   912,268 

Total mortgage loans on real estate

  2,343,996   1,571,279 

Commercial and industrial

  703,279   595,263 

Consumer

  12,612   9,431 

Total loans

 $3,059,887  $2,175,973 
Financing Receivable, Past Due [Table Text Block]
  

June 30, 2026

 
  

Current

  

30 - 59 Days Past Due

  

60 - 89 Days Past Due

  

90 Days or More Past Due

  

Total

  

> 90 Days and Accruing

 

Construction and development

 $256,578  $2,265  $2,092  $864  $261,799  $859 

1-4 Family

  898,481   598   2,758   5,548   907,385   30 

Multifamily

  144,062         172   144,234    

Farmland

  9,850            9,850    

Commercial real estate

  1,011,871   6,760   114   1,983   1,020,728    

Total mortgage loans on real estate

  2,320,842   9,623   4,964   8,567   2,343,996   889 

Commercial and industrial

  702,511   299   264   205   703,279    

Consumer

  12,357   133   9   113   12,612    

Total loans

 $3,035,710  $10,055  $5,237  $8,885  $3,059,887  $889 
  

December 31, 2025

 
  

Current

  

30 - 59 Days Past Due

  

60 - 89 Days Past Due

  

90 Days or More Past Due

  

Total

  

> 90 Days and Accruing

 

Construction and development

 $147,862  $56  $19  $43  $147,980  $ 

1-4 Family

  365,725   4,442   1,950   4,121   376,238    

Multifamily

  130,005            130,005    

Farmland

  4,788            4,788    

Commercial real estate

  908,687      2,032   1,549   912,268    

Total mortgage loans on real estate

  1,557,067   4,498   4,001   5,713   1,571,279    

Commercial and industrial

  594,886   291   81   5   595,263   2 

Consumer

  9,388   9   4   30   9,431    

Total loans

 $2,161,341  $4,798  $4,086  $5,748  $2,175,973  $2 
Financing Receivable, Nonaccrual [Table Text Block]
  

June 30, 2026

 
  

Nonaccrual with No Allowance for Credit Loss

  

Nonaccrual with an Allowance for Credit Loss

  

Total Nonaccrual Loans

 

Construction and development

 $674  $1,627  $2,301 

1-4 Family

  6,135   881   7,016 

Multifamily

  172      172 

Farmland

         

Commercial real estate

  7,119   1,466   8,585 

Total mortgage loans on real estate

  14,100   3,974   18,074 

Commercial and industrial

  76   154   230 

Consumer

  155   3   158 

Total loans

 $14,331  $4,131  $18,462 
  

December 31, 2025

 
  

Nonaccrual with No Allowance for Credit Loss

  

Nonaccrual with an Allowance for Credit Loss

  

Total Nonaccrual Loans

 

Construction and development

 $59  $  $59 

1-4 Family

  4,122   991   5,113 

Multifamily

         

Farmland

         

Commercial real estate

  940   2,991   3,931 

Total mortgage loans on real estate

  5,121   3,982   9,103 

Commercial and industrial

  84      84 

Consumer

  69   3   72 

Total loans

 $5,274  $3,985  $9,259 
Financing Receivable Credit Quality Indicators [Table Text Block]
  

June 30, 2026

 
  

2026

  

2025

  

2024

  

2023

  

2022

  

Prior

  

Revolving Loans

  

Total

 

Construction and development

                                

Pass

 $20,483  $88,704  $65,911  $16,111  $32,705  $7,335  $7,616  $238,865 

Special Mention

                        

Substandard

     2,265      6,143   4,677   54   9,795   22,934 

Total construction and development

 $20,483  $90,969  $65,911  $22,254  $37,382  $7,389  $17,411  $261,799 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

1-4 Family

                                

Pass

 $9,219  $13,508  $16,092  $100,618  $431,439  $264,093  $65,311  $900,280 

Special Mention

                        

Substandard

           161   3,592   3,316   36   7,105 

Total 1-4 family

 $9,219  $13,508  $16,092  $100,779  $435,031  $267,409  $65,347  $907,385 
                                 

Current-period gross charge-offs

 $  $  $  $  $(87) $(81) $  $(168)
                                 

Multifamily

                                

Pass

 $19,799  $38,994  $1,540  $22,435  $46,418  $10,535  $495  $140,216 

Special Mention

                 3,846      3,846 

Substandard

                 172      172 

Total multifamily

 $19,799  $38,994  $1,540  $22,435  $46,418  $14,553  $495  $144,234 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

Farmland

                                

Pass

 $2,957  $1,091  $433  $418  $106  $3,382  $1,463  $9,850 

Special Mention

                        

Substandard

                        

Total farmland

 $2,957  $1,091  $433  $418  $106  $3,382  $1,463  $9,850 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

Commercial real estate

                                

Pass

 $80,097  $144,836  $47,577  $73,325  $273,152  $360,950  $15,142  $995,079 

Special Mention

                 5,223      5,223 

Substandard

  184   5,923   2,427   587   1,526   9,779      20,426 

Total commercial real estate

 $80,281  $150,759  $50,004  $73,912  $274,678  $375,952  $15,142  $1,020,728 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $(123) $  $(123)
                                 

Commercial and industrial

                                

Pass

 $68,484  $111,982  $27,199  $22,136  $104,840  $30,077  $338,155  $702,873 

Special Mention

                    125   125 

Substandard

  51      3   41   7   156      258 

Doubtful

        23               23 

Total commercial and industrial

 $68,535  $111,982  $27,225  $22,177  $104,847  $30,233  $338,280  $703,279 
                                 

Current-period gross charge-offs

 $  $(193) $  $  $(5) $  $(26) $(224)
                                 

Consumer

                                

Pass

 $3,619  $3,323  $2,168  $1,340  $680  $620  $686  $12,436 

Special Mention

                        

Substandard

     3   66   41   4   47   15   176 

Total consumer

 $3,619  $3,326  $2,234  $1,381  $684  $667  $701  $12,612 
                                 

Current-period gross charge-offs

 $(47) $(12) $(8) $(5) $  $  $(9) $(81)
                                 

Total loans

                                

Pass

 $204,658  $402,438  $160,920  $236,383  $889,340  $676,992  $428,868  $2,999,599 

Special Mention

                 9,069   125   9,194 

Substandard

  235   8,191   2,496   6,973   9,806   13,524   9,846   51,071 

Doubtful

        23               23 

Total loans

 $204,893  $410,629  $163,439  $243,356  $899,146  $699,585  $438,839  $3,059,887 
                                 

Current-period gross charge-offs

 $(47) $(205) $(8) $(5) $(92) $(204) $(35) $(596)
  

December 31, 2025

 
  

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Revolving Loans

  

Total

 

Construction and development

                                

Pass

 $55,625  $34,770  $16,812  $7,549  $2,729  $2,513  $17,105  $137,103 

Special Mention

                        

Substandard

  627      4,659   4,822   710   59      10,877 

Total construction and development

 $56,252  $34,770  $21,471  $12,371  $3,439  $2,572  $17,105  $147,980 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

1-4 Family

                                

Pass

 $11,627  $9,164  $32,814  $86,613  $67,255  $104,643  $57,576  $369,692 

Special Mention

                        

Substandard

     58   415   2,405   744   2,703   221   6,546 

Total 1-4 family

 $11,627  $9,222  $33,229  $89,018  $67,999  $107,346  $57,797  $376,238 
                                 

Current-period gross charge-offs

 $  $  $  $(47) $(10) $(23) $  $(80)
                                 

Multifamily

                                

Pass

 $39,307  $1,568  $22,836  $45,255  $11,400  $5,616  $  $125,982 

Special Mention

                 3,853      3,853 

Substandard

                 170      170 

Total multifamily

 $39,307  $1,568  $22,836  $45,255  $11,400  $9,639  $  $130,005 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

Farmland

                                

Pass

 $1,147  $68  $457  $109  $358  $2,163  $486  $4,788 

Special Mention

                        

Substandard

                        

Total farmland

 $1,147  $68  $457  $109  $358  $2,163  $486  $4,788 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

Commercial real estate

                                

Pass

 $129,724  $44,915  $66,947  $266,080  $162,367  $208,716  $7,797  $886,546 

Special Mention

              1,548   3,840      5,388 

Substandard

  6,032   2,534   121   120   4,359   7,168      20,334 

Total commercial real estate

 $135,756  $47,449  $67,068  $266,200  $168,274  $219,724  $7,797  $912,268 
                                 

Current-period gross charge-offs

 $  $  $  $  $  $  $  $ 
                                 

Commercial and industrial

                                

Pass

 $104,768  $14,470  $22,265  $107,550  $17,430  $14,734  $313,496  $594,713 

Special Mention

  193                  273   466 

Substandard

                 84      84 

Total commercial and industrial

 $104,961  $14,470  $22,265  $107,550  $17,430  $14,818  $313,769  $595,263 
                                 

Current-period gross charge-offs

 $  $(28) $(78) $(7) $(24) $  $(132) $(269)
                                 

Consumer

                                

Pass

 $4,331  $1,625  $1,246  $700  $205  $655  $571  $9,333 

Special Mention

                        

Substandard

  2   1   15   5      75      98 

Total consumer

 $4,333  $1,626  $1,261  $705  $205  $730  $571  $9,431 
                                 

Current-period gross charge-offs

 $(71) $(6) $(12) $(11) $(7) $(1) $(2) $(110)
                                 

Total loans

                                

Pass

 $346,529  $106,580  $163,377  $513,856  $261,744  $339,040  $397,031  $2,128,157 

Special Mention

  193            1,548   7,693   273   9,707 

Substandard

  6,661   2,593   5,210   7,352   5,813   10,259   221   38,109 

Total loans

 $353,383  $109,173  $168,587  $521,208  $269,105  $356,992  $397,525  $2,175,973 
                                 

Current-period gross charge-offs

 $(71) $(34) $(90) $(65) $(41) $(24) $(134) $(459)
Schedule of Related Party Transactions [Table Text Block]
  

June 30, 2026

  

December 31, 2025

 

Balance, beginning of period

 $34,749  $43,647 

New loans/changes in relationship

  79   231 

Repayments/changes in relationship

  (1,000)  (9,129)

Balance, end of period

 $33,828  $34,749 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

Three months ended June 30,

  

Six months ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Balance, beginning of period

 $35,985  $26,435  $26,349  $26,721 

ACL on PCD loans at acquisition

        143    

ACL on PSL loans at acquisition

        11,559    

Provision for (reversal of) credit losses on loans(1)

  374   172   (1,428)  (3,523)

Charge-offs

  (229)  (131)  (596)  (258)

Recoveries

  121   144   224   3,680 

Balance, end of period

 $36,251  $26,620  $36,251  $26,620 
  

Three months ended June 30, 2026

 
  

Construction & Development

  

1-4 Family

  

Multifamily

  

Farmland

  

Commercial Real Estate

  

Commercial & Industrial

  

Consumer

  

Total

 

Allowance for credit losses:

                                

Beginning balance

 $1,355  $15,922  $1,146  $8  $9,045  $8,358  $151  $35,985 

Provision for (reversal of) credit losses on loans

  254   241   40   2   95   (264)  6   374 

Charge-offs

     (39)        (123)  (28)  (39)  (229)

Recoveries

     2            116   3   121 

Ending balance

 $1,609  $16,126  $1,186  $10  $9,017  $8,182  $121  $36,251 
  

Three months ended June 30, 2025

 
  

Construction & Development

  

1-4 Family

  

Multifamily

  

Farmland

  

Commercial Real Estate

  

Commercial & Industrial

  

Consumer

  

Total

 

Allowance for credit losses:

                                

Beginning balance

 $1,258  $6,552  $1,497  $8  $12,018  $5,002  $100  $26,435 

Provision for (reversal of) credit losses on loans

  55   (198)  (3)  (4)  (14)  325   11   172 

Charge-offs

                 (102)  (29)  (131)

Recoveries

     80      1   8   38   17   144 

Ending balance

 $1,313  $6,434  $1,494  $5  $12,012  $5,263  $99  $26,620 
  

Six months ended June 30, 2026

 
  

Construction & Development

  

1-4 Family

  

Multifamily

  

Farmland

  

Commercial Real Estate

  

Commercial & Industrial

  

Consumer

  

Total

 

Allowance for credit losses:

                                

Beginning balance

 $1,327  $6,053  $1,814  $6  $11,388  $5,680  $81  $26,349 

ACL on PCD loans at acquisition

     109            15   19   143 

ACL on PSL loans at acquisition

  455   9,344   51   2   874   783   50   11,559 

(Reversal of) provision for credit losses on loans

  (173)  716   (679)  2   (3,122)  1,787   41   (1,428)

Charge-offs

     (168)        (123)  (224)  (81)  (596)

Recoveries

     72            141   11   224 

Ending balance

 $1,609  $16,126  $1,186  $10  $9,017  $8,182  $121  $36,251 

Ending allowance balance for loans individually evaluated for impairment

  58   148         149   66   3   424 

Ending allowance balance for loans collectively evaluated for impairment

  1,551   15,978   1,186   10   8,868   8,116   118   35,827 

Loans receivable:

                                

Balance of loans individually evaluated for impairment

  2,301   7,016   172      8,585   230   158   18,462 

Balance of loans collectively evaluated for impairment

  259,498   900,369   144,062   9,850   1,012,143   703,049   12,454   3,041,425 

Total period-end balance

 $261,799  $907,385  $144,234  $9,850  $1,020,728  $703,279  $12,612  $3,059,887 
  

Six months ended June 30, 2025

 
  

Construction & Development

  

1-4 Family

  

Multifamily

  

Farmland

  

Commercial Real Estate

  

Commercial & Industrial

  

Consumer

  

Total

 

Allowance for credit losses:

                                

Beginning balance

 $1,145  $5,603  $1,185  $8  $11,759  $6,933  $88  $26,721 

Provision for (reversal of) credit losses on loans

  167   766   309   (4)  (3,069)  (1,737)  45   (3,523)

Charge-offs

     (23)           (180)  (55)  (258)

Recoveries

  1   88      1   3,322   247   21   3,680 

Ending balance

 $1,313  $6,434  $1,494  $5  $12,012  $5,263  $99  $26,620 

Ending allowance balance for loans individually evaluated for impairment

     255         150      3   408 

Ending allowance balance for loans collectively evaluated for impairment

  1,313   6,179   1,494   5   11,862   5,263   96   26,212 

Loans receivable:

                                

Balance of loans individually evaluated for impairment

  23   3,956         3,323   83   68   7,453 

Balance of loans collectively evaluated for impairment

  141,631   383,840   102,569   4,519   924,868   531,377   10,098   2,098,902 

Total period-end balance

 $141,654  $387,796  $102,569  $4,519  $928,191  $531,460  $10,166  $2,106,355