v3.25.4
Consolidated Statements of Stockholders' Equity - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Treasury Stock, At Cost
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Unearned Employee Stock Ownership Plan (ESOP)
Balance at Dec. 31, 2022 $ 492,700 $ 225,000 $ 249 $ (2) $ 206,508 $ 92,955 $ (17,860) $ (14,150)
Balance, Shares at Dec. 31, 2022   225,000 24,859,353          
Net Income (Loss) 3,352         3,352    
Other comprehensive income, net of tax 2,211           2,211  
Impact of CECL adoption, net of tax 1,113         1,113    
Repurchases of common stock (11,009)     (11,009)        
Repurchases of common stock, Shares     (1,235,000)          
Release of restricted stock units       1,264 (1,264)      
Release of restricted stock units, shares     161,167          
ESOP shares committed to be released 1,142       (24)     1,166
Share-based compensation 1,886       1,886      
Balance at Dec. 31, 2023 491,395 $ 225,000 $ 249 (9,747) 207,106 97,420 (15,649) (12,984)
Balance, Shares at Dec. 31, 2023   225,000 23,785,520          
Net Income (Loss) 10,972         10,972    
Preferred stock dividend (638)         (638)    
Other comprehensive income, net of tax 352           352  
Release of restricted stock units       2,123 (2,123)      
Release of restricted stock units, shares     175,694          
Federal taxes related to common stock purchased in 2023 $ (83)     (83)        
Exercise of stock options, shares 0              
ESOP shares committed to be released $ 1,428       262     1,166
Share-based compensation 2,074       2,074      
Balance at Dec. 31, 2024 505,500 $ 225,000 $ 249 (7,707) 207,319 107,754 (15,297) (11,818)
Balance, Shares at Dec. 31, 2024   225,000 23,961,214          
Net Income (Loss) 28,703         28,703    
Preferred stock dividend (1,125)         (1,125)    
Other comprehensive income, net of tax 4,477           4,477  
Release of restricted stock units       1,385 (1,385)      
Release of restricted stock units, shares     155,458          
Exercise of stock options $ 142     158 (16)      
Exercise of stock options, shares 19,254   19,254          
ESOP shares committed to be released $ 1,924       758     1,166
Share-based compensation 1,928       1,928      
Balance at Dec. 31, 2025 $ 541,549 $ 225,000 $ 249 $ (6,164) $ 208,604 $ 135,332 $ (10,820) $ (10,652)
Balance, Shares at Dec. 31, 2025   225,000 24,135,926