v3.25.2
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
 Retained Earnings
Accumulated Other Comprehensive Income (Loss), net of Tax
Beginning balance (in shares) at Dec. 31, 2023   5,513,000      
Beginning balance, value at Dec. 31, 2023 $ 234,718 $ 5,513 $ 9,605 $ 236,037 $ (16,437)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividend on common stock (3,388)     (3,388)  
Stock-based compensation expense 208   208    
Exercise of stock options and vesting of restricted stock units, net (in shares)   1,000      
Exercise of stock options and vesting of restricted stock units, net (26) $ 1 (27)    
Repurchase of common stock (in shares)   (14,000)      
Repurchase of common stock (788) $ (14) (774)    
Other comprehensive income (loss), net of tax 404       404
Net income 8,199     8,199  
Ending balance (in shares) at Mar. 31, 2024   5,500,000      
Ending balance, value at Mar. 31, 2024 239,327 $ 5,500 9,012 240,848 (16,033)
Beginning balance (in shares) at Dec. 31, 2023   5,513,000      
Beginning balance, value at Dec. 31, 2023 234,718 $ 5,513 9,605 236,037 (16,437)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Other comprehensive income (loss), net of tax 2,452        
Net income 17,219        
Ending balance (in shares) at Jun. 30, 2024   5,502,000      
Ending balance, value at Jun. 30, 2024 247,200 $ 5,502 9,208 246,475 (13,985)
Beginning balance (in shares) at Mar. 31, 2024   5,500,000      
Beginning balance, value at Mar. 31, 2024 239,327 $ 5,500 9,012 240,848 (16,033)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividend on common stock (3,393)     (3,393)  
Stock-based compensation expense 219   219    
Exercise of stock options and vesting of restricted stock units, net (in shares)   2,000      
Exercise of stock options and vesting of restricted stock units, net (21) $ 2 (23)    
Other comprehensive income (loss), net of tax 2,048       2,048
Net income 9,020     9,020  
Ending balance (in shares) at Jun. 30, 2024   5,502,000      
Ending balance, value at Jun. 30, 2024 247,200 $ 5,502 9,208 246,475 (13,985)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividend on common stock (3,458)     (3,458)  
Stock-based compensation expense 265   265    
Exercise of stock options and vesting of restricted stock units, net (13)   (13)    
Other comprehensive income (loss), net of tax 7,231       7,231
Net income 8,825     8,825  
Ending balance (in shares) at Sep. 30, 2024   5,502,000      
Ending balance, value at Sep. 30, 2024 260,050 $ 5,502 9,460 251,842 (6,754)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividend on common stock (3,458)     (3,458)  
Stock-based compensation expense 221   221    
Exercise of stock options and vesting of restricted stock units, net (in shares)   16,000      
Exercise of stock options and vesting of restricted stock units, net (354) $ 16 (370)    
Other comprehensive income (loss), net of tax (270)       (270)
Net income $ 10,927     10,927  
Ending balance (in shares) at Dec. 31, 2024 5,518,210 5,518,000      
Ending balance, value at Dec. 31, 2024 $ 267,116 $ 5,518 9,311 259,311 (7,024)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividend on common stock (3,573)     (3,573)  
Stock-based compensation expense 232   232    
Exercise of stock options and vesting of restricted stock units, net (in shares)   3,000      
Exercise of stock options and vesting of restricted stock units, net (17) $ 3 (20)    
Other comprehensive income (loss), net of tax 2,674       2,674
Net income 13,324     13,324  
Ending balance (in shares) at Mar. 31, 2025   5,521,000      
Ending balance, value at Mar. 31, 2025 $ 279,756 $ 5,521 9,523 269,062 (4,350)
Beginning balance (in shares) at Dec. 31, 2024 5,518,210 5,518,000      
Beginning balance, value at Dec. 31, 2024 $ 267,116 $ 5,518 9,311 259,311 (7,024)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Other comprehensive income (loss), net of tax 4,630        
Net income $ 25,102        
Ending balance (in shares) at Jun. 30, 2025 5,522,271 5,522,000      
Ending balance, value at Jun. 30, 2025 $ 290,219 $ 5,522 9,837 277,255 (2,395)
Beginning balance (in shares) at Mar. 31, 2025   5,521,000      
Beginning balance, value at Mar. 31, 2025 279,756 $ 5,521 9,523 269,062 (4,350)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Cash dividend on common stock (3,585)     (3,585)  
Stock-based compensation expense 327   327    
Exercise of stock options and vesting of restricted stock units, net (in shares)   1,000      
Exercise of stock options and vesting of restricted stock units, net (12) $ 1 (13)    
Other comprehensive income (loss), net of tax 1,955       1,955
Net income $ 11,778     11,778  
Ending balance (in shares) at Jun. 30, 2025 5,522,271 5,522,000      
Ending balance, value at Jun. 30, 2025 $ 290,219 $ 5,522 $ 9,837 $ 277,255 $ (2,395)