v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Pay vs Performance Disclosure      
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

 

                                   

Value of Initial
Fixed $100
Investment
based on:

         

Year

 

Summary
Compensation

Table Total
for PEO

   

Compensation

Actually

Paid to PEO (1)

   

Average

Summary
Compensation

Table
Total for
non-PEO

Named
Executive

Officers (2)

   

Average

Compensation
Actually Paid
to non-PEO
Named

Executive
Officers (1)

   

Total

Shareholder

Return (3)

   

Net Income

 

2025

 

$

4,962,790

   

$

4,962,790

   

$

2,757,553

   

$

2,757,553

   

$

196.65

   

$

26,312,000

 

2024

 

$

4,924,536

   

$

4,924,536

   

$

2,724,178

   

$

2,724,178

   

$

252.53

   

$

55,404,000

 

2023

 

$

4,605,562

   

$

4,605,562

   

$

2,389,752

   

$

2,389,752

   

$

122.30

   

$

28,103,000

 

 

(1)

Because our named executive officers have not received any equity awards, or held any unvested equity awards, in each of the years presented in the table, total Compensation is equal to Compensation actually paid, therefore, no reconciliation is presented.

 

(2)

The Non-PEO Named Executive Officers for each year shown include Ms. Cummings as she was the only executive officer other than our Chief Executive Officer for each year shown.

 

(3)

Total Shareholder Return represents the cumulative value of a $100 investment in the Company’s common stock, measured from the beginning of the earliest year presented. The calculation assumes reinvestment of dividends, although the Company has not paid any dividends during the periods presented.

 

 

   
PEO Total Compensation Amount $ 4,962,790 $ 4,924,536 $ 4,605,562
PEO Actually Paid Compensation Amount 4,962,790 4,924,536 4,605,562
Non-PEO NEO Average Total Compensation Amount 2,757,553 2,724,178 2,389,752
Non-PEO NEO Average Compensation Actually Paid Amount 2,757,553 2,724,178 2,389,752
Total Shareholder Return Amount 196.65 252.53 122.3
Net Income (Loss) $ 26,312,000 $ 55,404,000 $ 28,103,000