v3.26.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total Common Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjustment
Total Common Shareholders' Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Common Shareholders' Equity
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest - Preferred Stock of Subsidiary
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total
Balance at Dec. 31, 2022     $ 432,452   $ 16,901   $ 294,330     $ 156,545   $ (35,324)       $ 432,452
Balance (in shares) at Dec. 31, 2022         16,900,805                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income     28,593             28,593           28,593
Other comprehensive income     9,417                 9,417       9,417
Stock options exercised     165   $ 16   149                 165
Stock options exercised (in shares)         15,705                      
Restricted stock, net of forfeitures         $ 75   (75)                  
Restricted stock, net of forfeitures (in shares)         74,992                      
Restricted stock, withheld for taxes     (57)   $ (3)   (54)                 (57)
Restricted stock, withheld for taxes (in shares)         (2,623)                      
Stock compensation expense     1,349       1,349                 1,349
Common stock dividend ($0.32 per share)     (5,427)             (5,427)           (5,427)
Balance (Accounting Standards Update 2016-13) at Dec. 31, 2023 $ (6,606)             $ (6,606)           $ (6,606)    
Balance at Dec. 31, 2023   $ 425,846 459,886 $ 16,901 $ 16,989 $ 294,330 295,699   $ 149,939 173,105 $ (35,324) (25,907)     $ 425,846 459,886
Balance (in shares) at Dec. 31, 2023       16,900,805 16,988,879                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income     36,141             36,141           36,141
Other comprehensive income     2,236                 2,236       2,236
Stock options exercised     68   $ 6   62                 68
Stock options exercised (in shares)         6,192                      
Restricted stock, net of forfeitures         $ 79   (79)                  
Restricted stock, net of forfeitures (in shares)         78,757                      
Restricted stock, withheld for taxes     (223)   $ (12)   (211)                 (223)
Restricted stock, withheld for taxes (in shares)         (11,961)                      
Issuance of preferred stock of subsidiary - non-controlling interest                         $ 113     113
Stock compensation expense     1,629       1,629                 1,629
Common stock dividend ($0.32 per share)     (5,422)             (5,422)           (5,422)
Repurchases of common stock     (2,967)   $ (136)   (2,831)                 (2,967)
Repurchases of common stock (in shares)         (136,195)                      
Balance at Dec. 31, 2024     491,348   $ 16,926   294,269     203,824   (23,671) 113     $ 491,461
Balance (in shares) at Dec. 31, 2024         16,925,672                     16,925,672
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Net income     50,347             50,347           $ 50,347
Other comprehensive income     14,352                 14,352       14,352
Stock options exercised     153   $ 10   143                 153
Stock options exercised (in shares)         10,148                      
Restricted stock, net of forfeitures         $ 103   (103)                  
Restricted stock, net of forfeitures (in shares)         103,073                      
Restricted stock, withheld for taxes     (308)   $ (10)   (298)                 (308)
Restricted stock, withheld for taxes (in shares)         (9,576)                      
Stock compensation expense     1,939       1,939                 1,939
Common stock dividend ($0.32 per share)     (5,452)             (5,452)           (5,452)
Balance at Dec. 31, 2025     $ 552,379   $ 17,029   $ 295,950     $ 248,719   $ (9,319) $ 113     $ 552,492
Balance (in shares) at Dec. 31, 2025         17,029,317                     17,029,317