v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning Balance (in shares) at Dec. 31, 2023   14,565,952    
Beginning Balance at Dec. 31, 2023 $ 495,064 $ 115,602 $ 481,014 $ (101,552)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net Income 25,265   25,265  
Other comprehensive income, net of tax 321     321
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 1,702 $ 1,702    
Exercise of stock options and issuance of vested share awards, net of repurchase for tax withholdings and tax benefit (shares)   53,310    
Issuance of vested share awards, net of repurchase for tax withholdings (115) $ (115)    
Common stock repurchased (in shares)   (50,000)    
Common stock repurchased (1,646) $ (1,646)    
Cash dividends declared (12,305)   (12,305)  
Ending Balance (in shares) at Jun. 30, 2024   14,569,262    
Ending Balance at Jun. 30, 2024 $ 508,286 $ 115,543 493,974 (101,231)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Cash dividends declared per share $ 0.84      
Beginning Balance (in shares) at Mar. 31, 2024   14,593,830    
Beginning Balance at Mar. 31, 2024 $ 501,577 $ 116,449 488,143 (103,015)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net Income 11,993   11,993  
Other comprehensive income, net of tax 1,784     1,784
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 920 $ 920    
Exercise of stock options and issuance of vested share awards, net of repurchase for tax withholdings and tax benefit (shares)   25,432    
Issuance of vested share awards, net of repurchase for tax withholdings (180) $ (180)    
Common stock repurchased (in shares)   (50,000)    
Common stock repurchased (1,646) $ (1,646)    
Cash dividends declared (6,162)   (6,162)  
Ending Balance (in shares) at Jun. 30, 2024   14,569,262    
Ending Balance at Jun. 30, 2024 $ 508,286 $ 115,543 493,974 (101,231)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Cash dividends declared per share $ 0.42      
Beginning Balance (in shares) at Dec. 31, 2024   14,579,339    
Beginning Balance at Dec. 31, 2024 $ 531,231 $ 116,425 509,452 (94,646)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net Income 21,407   21,407  
Other comprehensive income, net of tax 16,767     16,767
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 1,963 $ 1,963    
Exercise of stock options and issuance of vested share awards, net of repurchase for tax withholdings and tax benefit (shares)   56,568    
Issuance of vested share awards, net of repurchase for tax withholdings (513) $ (513)    
Common stock issued for acquisition of Northway Financial, Inc. (Note 3) 96,490 $ 96,490    
Common stock issued for acquisition (in shares)   2,283,782    
Cash dividends declared (15,197)   (15,197)  
Ending Balance (in shares) at Jun. 30, 2025   16,919,689    
Ending Balance at Jun. 30, 2025 $ 652,148 $ 214,365 515,662 (77,879)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Cash dividends declared per share $ 0.84      
Beginning Balance (in shares) at Mar. 31, 2025   16,885,571    
Beginning Balance at Mar. 31, 2025 $ 640,054 $ 213,589 508,720 (82,255)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net Income 14,081   14,081  
Other comprehensive income, net of tax 4,376     4,376
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 1,136 $ 1,136    
Exercise of stock options and issuance of vested share awards, net of repurchase for tax withholdings and tax benefit (shares)   34,118    
Issuance of vested share awards, net of repurchase for tax withholdings $ (360) $ (360)    
Common stock issued for acquisition (in shares) 2,283,782      
Cash dividends declared $ (7,139)   (7,139)  
Ending Balance (in shares) at Jun. 30, 2025   16,919,689    
Ending Balance at Jun. 30, 2025 $ 652,148 $ 214,365 $ 515,662 $ (77,879)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Cash dividends declared per share $ 0.42