Note 20 - Subsequent Events |
9 Months Ended |
|---|---|
Sep. 30, 2026 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
Subsequent Event:
On October 5, 2026, the Company provided notice to the trustee to redeem all $72.0 million of its Fixed-to-Floating Subordinated Notes ("2031 Notes") with a maturity date of December 15, 2031 on the first scheduled call date of December 15, 2026. The redemption price for the 2031 Notes will equal 100% of the aggregated principal, plus accrued and unpaid interest in accordance with the terms of the note. The fixed rate portion of the note is coming to an end on December 15, 2026 and the interest rate on the notes was due to reset from 3.125% to approximately 6.20% in accordance with the terms of the floating rate period. The Company feels that it has ample capital and liquidity to pay off the notes and that its future financial performance will benefit from the early redemption. |