v3.26.1
Note 4 - Loans
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]

Note 4. Loans

 

The Company groups loans held for investment into three segments (commercial loans, consumer real estate loans, and consumer and other loans) with each segment divided into various classes. Customer overdrafts reclassified as loans totaled $2.10 million as of June 30, 2026, and $1.65 million as of December 31, 2025. Deferred loan fees, net of loan costs, totaled $6.03 million as of June 30, 2026, and $4.75 million as of December 31, 2025

 

The table below reflects the loan portfolio at the amortized cost basis to include net deferred loan fees of $6.03 million and $4.75 million and unamortized discount related to loans acquired of $9.65 million and $11.45 million for June 30, 2026, and December 31, 2025, respectively.  Accrued interest receivable of $8.68 million as of  June 30, 2026, and $8.04 million as of  December 31, 2025, is accounted for separately and reported in Interest Receivable on the Consolidated Balance Sheet.

 

  

June 30, 2026

  

December 31, 2025

 

(Amounts in thousands)

 

Amount

  

Percent

  

Amount

  

Percent

 

Loans held for investment

                

Commercial loans

                

Construction, development, other land

 $67,088   2.73% $63,901   2.76%

Commercial and industrial

  279,927   11.38%  243,983   10.54%

Multi-family residential

  190,690   7.75%  191,486   8.27%

Single family non-owner occupied

  193,950   7.88%  171,918   7.43%

Non-farm, non-residential

  893,631   36.33%  838,458   36.22%

Agricultural

  14,452   0.59%  13,464   0.58%

Farmland

  11,842   0.48%  10,725   0.46%

Total commercial loans

  1,651,580   67.14%  1,533,935   66.26%

Consumer real estate loans

                

Home equity lines

  83,739   3.40%  82,764   3.58%

Single family owner occupied

  668,877   27.19%  632,348   27.32%

Owner occupied construction

  5,169   0.21%  5,605   0.24%

Total consumer real estate loans

  757,785   30.81%  720,717   31.14%

Consumer and other loans

                

Consumer loans

  48,271   1.96%  58,453   2.53%

Other

  2,110   0.09%  1,650   0.07%

Total consumer and other loans

  50,381   2.05%  60,103   2.60%

Total loans held for investment, net of unearned income

 $2,459,746   100.00% $2,314,755   100.00%