v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Dec. 31, 2022   60,852,723    
Balance, beginning of period at Dec. 31, 2022 $ 632,456 $ 502,923 $ 146,389 $ (16,856)
Increase (Decrease) in Shareholders' Equity        
Net income 64,443   64,443  
Other comprehensive income, net of taxes 4,126     4,126
Issuance of restricted stock awards, net (in shares)   73,446    
Net amortization of restricted stock awards 1,404 $ 1,404    
Cash dividend declared (31,740)   (31,740)  
Restricted stock units ("RSUs") and performance-based restricted stock units ("PRSUs") expense, net of taxes 392 392    
Stock option expense, net of forfeitures and taxes 600 $ 600    
Stock options exercised (in shares)   220,666    
Stock options exercised 1,220 $ 1,220    
Ending balance (in shares) at Dec. 31, 2023   61,146,835    
Balance, ending of period at Dec. 31, 2023 672,901 $ 506,539 179,092 (12,730)
Increase (Decrease) in Shareholders' Equity        
Net income 40,528   40,528  
Other comprehensive income, net of taxes 4,625     4,625
Issuance of restricted stock awards, net (in shares)   25,908    
Net amortization of restricted stock awards 916 $ 916    
Cash dividend declared (31,858)   (31,858)  
Restricted stock units ("RSUs") and performance-based restricted stock units ("PRSUs") expense, net of taxes 1,409 $ 1,409    
RSUs vested (in shares)   35,837    
Stock option expense, net of forfeitures and taxes 516 $ 516    
Stock options exercised (in shares)   139,515    
Stock options exercised $ 690 $ 690    
Ending balance (in shares) at Dec. 31, 2024 61,348,095 61,348,095    
Balance, ending of period at Dec. 31, 2024 $ 689,727 $ 510,070 187,762 (8,105)
Increase (Decrease) in Shareholders' Equity        
Net income 47,830   47,830  
Other comprehensive income, net of taxes 3,385     3,385
Issuance of restricted stock awards, net (in shares)   77,015    
Net amortization of restricted stock awards 621 $ 621    
Cash dividend declared (31,917)   (31,917)  
Restricted stock units ("RSUs") and performance-based restricted stock units ("PRSUs") expense, net of taxes 965 $ 965    
RSUs vested (in shares)   154,893    
Stock option expense, net of forfeitures and taxes 352 $ 352    
Common stock repurchased (in shares)   (439,187)    
Common stock repurchased $ (4,049) $ (4,049)    
Stock options exercised (in shares) 227,892 227,892    
Stock options exercised $ 1,652 $ 1,652    
Ending balance (in shares) at Dec. 31, 2025 61,368,708 61,368,708    
Balance, ending of period at Dec. 31, 2025 $ 708,566 $ 509,611 $ 203,675 $ (4,720)