v3.25.4
Consolidated Statement of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid In Capital [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Parent [Member]
Noncontrolling Interest [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Common Stock [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Additional Paid In Capital [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Treasury Stock [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Parent [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance [Member]
Noncontrolling Interest [Member]
Balance at Dec. 31, 2022 $ 370,524 $ 287 $ 283,663 $ (45,538) $ 66,673 $ (3,349) $ 301,736 $ 68,788 $ 360,589 $ 287 $ 283,663 $ (45,538) $ 56,738 $ (3,349) $ 291,801 $ 68,788
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2022 (9,935)       (9,935)   (9,935)                  
Balance, shares at Dec. 31, 2022   28,663,827               28,663,827            
Balance, shares at Dec. 31, 2022       (5,602,154)               (5,602,154)        
Net income 61,126                              
Net income 55,079       55,079   55,079 6,047                
Distributions to non-controlling interest (6,047)             (6,047)                
Non-controlling interest redemption at Medallion Bank 0                              
Stock-based compensation expense $ 4,713 $ 3 4,710       4,713                  
Exercise of stock options,shares 68,945 [1] 68,945                            
Exercise of stock options,value $ 442 $ 1 441       442                  
Withheld restricted stock for employees' tax obligations, shares   (91,169)                            
Withheld restricted stock for employees' tax obligations, value (768)   (768)       (768)                  
Issuance of restricted stock, net, shares   399,793                            
Forfeiture of restricted stock, net, shares   (12,807)                            
Issuance in connection with vesting of restricted stock units   23,211                            
Dividend paid on common stock (7,934)       (7,934)   (7,934)                  
Other comprehensive income (loss), net of tax (347)         (347) (347)                  
Ending balance at Dec. 31, 2023 411,774 $ 291 288,046 $ (45,538) 103,883 (3,696) 342,986 68,788                
Ending balance, shares at Dec. 31, 2023   29,051,800                            
Ending balance, shares at Dec. 31, 2023       (5,602,154)                        
Net income 41,925                              
Net income 35,878       35,878   35,878 6,047                
Distributions to non-controlling interest (6,047)             (6,047)                
Non-controlling interest redemption at Medallion Bank 0                              
Stock-based compensation expense $ 6,053 $ 2 6,051       6,053                  
Exercise of stock options,shares 40,865 [1] 40,865                            
Exercise of stock options,value $ 259   259       259                  
Withheld restricted stock for employees' tax obligations, shares   (116,275)                            
Withheld restricted stock for employees' tax obligations, value (944)   (944)       (944)                  
Issuance of restricted stock, net, shares   347,158                            
Forfeiture of restricted stock, net, shares   (32,521)                            
Issuance in connection with vesting of restricted stock units   17,155                            
Purchase of common stock (in Shares)       (570,404)                        
Purchase of common stock (4,606)     $ (4,606)     (4,606)                  
Dividend paid on common stock (9,505)       (9,505)   (9,505)                  
Other comprehensive income (loss), net of tax 49         49 49                  
Ending balance at Dec. 31, 2024 $ 438,958 $ 293 293,412 $ (50,144) 130,256 (3,647) 370,170 68,788                
Ending balance, shares at Dec. 31, 2024 23,135,624 29,308,182                            
Ending balance, shares at Dec. 31, 2024 6,172,588     6,172,558                        
Net income $ 55,341                              
Net income 43,044       46,559   46,559 8,782                
Distributions to non-controlling interest (8,782)             (8,782)                
Non-controlling interest equity raised by Medallion Bank 73,126             73,126                
Non-controlling interest redemption at Medallion Bank (46,000)       (3,515)   (3,515) 42,485                
Stock-based compensation expense $ 6,735 $ 2 6,733       6,735                  
Exercise of stock options,shares 82,081 [1] 82,081                            
Exercise of stock options,value $ 516 $ 1 515       516                  
Withheld restricted stock for employees' tax obligations, shares   144,360                            
Withheld restricted stock for employees' tax obligations, value (1,202)   (1,202)       (1,202)                  
Issuance of restricted stock, net, shares   332,918                            
Forfeiture of restricted stock, net, shares   (5,373)                            
Issuance in connection with vesting of restricted stock units   19,144                            
Purchase of common stock (in Shares)       (108,351)                        
Purchase of common stock (986)     $ (986)     (986)                  
Dividend paid on common stock (10,926)       (10,926)   (10,926)                  
Other comprehensive income (loss), net of tax 1,266         1,266 1,266                  
Ending balance at Dec. 31, 2025 $ 508,046 $ 296 $ 299,458 $ (51,130) $ 162,374 $ (2,381) $ 408,617 $ 99,429                
Ending balance, shares at Dec. 31, 2025 23,311,683 29,592,592                            
Ending balance, shares at Dec. 31, 2025 6,280,909     (6,280,909)                        
[1] The aggregate intrinsic value, which represents the difference between the price of the Company’s common stock at the exercise date and the related exercise price of the underlying options, was $0.3 million, $0.1 million, and $0.1 million for the years ended December 31, 2025, 2024, and 2023.