v3.25.2
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Total
Balance at Dec. 31, 2023 $ 61,319 $ 15,124 $ 108,486 $ (29,831) $ (30,756) $ 124,342
Net income     2,368     2,368
Other comprehensive income (loss)       (1,716)   (1,716)
Cash dividends on common     (917)     (917)
Restricted stock vesting   (313)     313
Repurchased stock         (521) (521)
Stock based compensation expense   167       167
Balance at Mar. 31, 2024 61,319 14,978 109,937 (31,547) (30,964) 123,723
Balance at Dec. 31, 2023 61,319 15,124 108,486 (29,831) (30,756) 124,342
Net income           5,481
Balance at Jun. 30, 2024 61,319 15,195 112,104 (31,801) (31,338) 125,479
Balance at Mar. 31, 2024 61,319 14,978 109,937 (31,547) (30,964) 123,723
Net income     3,113     3,113
Other comprehensive income (loss)       (254)   (254)
Cash dividends on common     (946)     (946)
Repurchased stock         (374) (374)
Stock based compensation expense   217       217
Balance at Jun. 30, 2024 61,319 15,195 112,104 (31,801) (31,338) 125,479
Balance at Dec. 31, 2024 61,319 15,194 116,186 (30,234) (34,957) 127,508
Net income     2,158     2,158
Other comprehensive income (loss)       3,362   3,362
Cash dividends on common     (947)     (947)
Restricted stock vesting   (396)     396
Repurchased stock         (712) (712)
Stock based compensation expense   157       157
Balance at Mar. 31, 2025 61,319 14,955 117,397 (26,872) (35,273) 131,526
Balance at Dec. 31, 2024 61,319 15,194 116,186 (30,234) (34,957) 127,508
Net income           6,010
Balance at Jun. 30, 2025 61,319 15,139 120,273 (25,492) (37,591) 133,648
Balance at Mar. 31, 2025 61,319 14,955 117,397 (26,872) (35,273) 131,526
Net income     3,852     3,852
Other comprehensive income (loss)       1,380   1,380
Cash dividends on common     (976)     (976)
Repurchased stock         (2,318) (2,318)
Stock based compensation expense   184       184
Balance at Jun. 30, 2025 $ 61,319 $ 15,139 $ 120,273 $ (25,492) $ (37,591) $ 133,648