v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Unallocated Common Stock Held by ESOP
Unallocated Common Stock Held by RRP
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2022 $ 329,954 $ 83 $ 164,942 $ (2,053) $ (7) $ 206,296 $ (39,307)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income 40,240         40,240  
Other comprehensive income 7,925           7,925
Purchase of Company's common stock at cost (5,259) (2) (1,642)     (3,615)  
Cash dividends declared (8,222)         (8,222)  
Common stock issued under incentive plans, net of shares surrendered in payment, including tax benefit 329   409     (80)  
Exercise of stock options 102   102        
RRP shares released for allocation 0   (6)   6    
ESOP shares released for allocation 1,468   1,111 357      
Share-based compensation cost 907   907        
Ending balance at Dec. 31, 2023 367,444 81 165,823 (1,696) (1) 234,619 (31,382)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income 36,427         36,427  
Other comprehensive income 1,400           1,400
Purchase of Company's common stock at cost (4,774) (1) (1,245)     (3,528)  
Cash dividends declared (8,189)         (8,189)  
Common stock issued under incentive plans, net of shares surrendered in payment, including tax benefit 886 1 1,024     (139)  
Exercise of stock options 130   130        
RRP shares released for allocation 0   (1)   1    
ESOP shares released for allocation 1,643   1,286 357      
Share-based compensation cost 1,121   1,121        
Ending balance at Dec. 31, 2024 396,088 81 168,138 (1,339) 0 259,190 (29,982)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income 46,062         46,062  
Other comprehensive income 12,183           12,183
Purchase of Company's common stock at cost (14,355) (3) (3,213)     (11,139)  
Cash dividends declared (8,988)         (8,988)  
Common stock issued under incentive plans, net of shares surrendered in payment, including tax benefit 640   931     (291)  
Exercise of stock options 87   87        
ESOP shares released for allocation 1,980   1,623 357      
Share-based compensation cost 1,397   1,397        
Ending balance at Dec. 31, 2025 $ 435,094 $ 78 $ 168,963 $ (982) $ 0 $ 284,834 $ (17,799)