v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total
Beginning balance at Dec. 31, 2023 $ 2,842 $ 120,392 $ 107,361 $ (64,108) $ (1,111) $ 165,376
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     17,503     17,503
Other comprehensive loss, net of taxes       (3,325)   (3,325)
Cash dividends declared     (2,602)     (2,602)
Treasury stock purchased         (293) (293)
Restricted stock expense   5       5
Stock-based compensation   205     675 880
Ending balance at Jun. 30, 2024 2,842 120,602 122,262 (67,433) (729) 177,544
Beginning balance at Mar. 31, 2024 2,842 120,525 115,351 (69,092) (958) 168,668
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     8,213     8,213
Other comprehensive loss, net of taxes       1,659   1,659
Cash dividends declared     (1,302)     (1,302)
Treasury stock purchased         (6) (6)
Stock-based compensation   77     235 312
Ending balance at Jun. 30, 2024 2,842 120,602 122,262 (67,433) (729) 177,544
Beginning balance at Dec. 31, 2024 2,842 120,896 129,919 (67,751) (375) 185,531
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     19,165     19,165
Other comprehensive loss, net of taxes       6,315   6,315
Cash dividends declared     (2,955)     (2,955)
Treasury stock purchased         (158) (158)
Stock-based compensation 6 666     334 1,006
Issuance of common shares for June 2025 capital raise 495 43,190       43,685
Ending balance at Jun. 30, 2025 3,343 164,752 146,129 (61,436) (199) 252,589
Beginning balance at Mar. 31, 2025 2,848 121,546 137,148 (60,019) (199) 201,324
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     10,461     10,461
Other comprehensive loss, net of taxes       (1,417)   (1,417)
Cash dividends declared     (1,480)     (1,480)
Stock-based compensation   16       16
Issuance of common shares for June 2025 capital raise 495 43,190       43,685
Ending balance at Jun. 30, 2025 $ 3,343 $ 164,752 $ 146,129 $ (61,436) $ (199) $ 252,589