v3.25.4
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss) (Net of Taxes)
Balance (in shares) at Dec. 31, 2022   11,735,291    
Balance at Dec. 31, 2022 $ 170,929 $ 61,487 $ 190,669 $ (81,227)
Net income 25,536   25,536  
Other comprehensive income, net of tax 15,193     15,193
Restricted stock granted, net of forfeitures (in shares)   58,467    
Stock issued under employee stock purchase plan (in shares)   13,973    
Stock issued under employee stock purchase plan 206 $ 206    
Stock awarded to employees (in shares)   10,347    
Share-based compensation expense 858 $ 858    
Cash dividend (5,657)   (5,657)  
Repurchase and retirement of common stock (in shares)   (39)    
Repurchase and retirement of common stock (1) $ (1)    
Balance (in shares) at Dec. 31, 2023   11,818,039    
Balance at Dec. 31, 2023 207,064 $ 62,550 210,548 (66,034)
Net income 7,666   7,666  
Other comprehensive income, net of tax 10,919     10,919
Stock issued for acquisition (in shares)   7,037,202    
Stock issued for acquisition 143,712 $ 143,712    
Restricted stock granted, net of forfeitures (in shares)   68,702    
Stock issued under employee stock purchase plan (in shares)   15,504    
Stock issued under employee stock purchase plan 248 $ 248    
Share-based compensation expense 879 $ 879    
Cash dividend $ (8,230)   (8,230)  
Stock options exercised (in shares) 37,289 37,289    
Stock options exercised $ 465 $ 465    
Repurchase and retirement of common stock (in shares)   (2,089)    
Repurchase and retirement of common stock (38) $ (38)    
Balance (in shares) at Dec. 31, 2024   18,974,647    
Balance at Dec. 31, 2024 362,685 $ 207,816 209,984 (55,115)
Net income 38,168   38,168  
Other comprehensive income, net of tax 15,491     15,491
Restricted stock granted, net of forfeitures (in shares)   77,153    
Stock issued under employee stock purchase plan (in shares)   18,241    
Stock issued under employee stock purchase plan 306 $ 306    
Share-based compensation expense 1,158 $ 1,158    
Cash dividend $ (9,162)   (9,162)  
Stock options exercised (in shares) 101,434 101,434    
Stock options exercised $ 1,093 $ 1,093    
Repurchase and retirement of common stock (in shares)   (8,023)    
Repurchase and retirement of common stock (151) $ (151)    
Balance (in shares) at Dec. 31, 2025   19,163,452    
Balance at Dec. 31, 2025 $ 409,588 $ 210,222 $ 238,990 $ (39,624)