v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock at Par
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings
Balance at beginning of period at Dec. 31, 2024 $ 238,967 $ 234 $ 461,057 $ (3,475) $ (218,849)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividends paid on common stock [1] (7,520)       (7,520)
Dividends accrued on unvested performance shares (40)       (40)
Net unrealized gain/(loss) on AFS securities (695)        
Net income (loss) 20,531       20,531
Stock compensation 237        
Balance at end of period at Mar. 31, 2025 251,480 234 461,294 (4,170) (205,878)
Balance at beginning of period at Dec. 31, 2025 267,523 249 474,577 (1,314) (205,989)
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Dividends paid on common stock [2] (7,973)       (7,973)
Dividends accrued on unvested performance shares (90)       (90)
Stock compensation 423   423    
Net unrealized gain/(loss) on AFS securities 4,398     4,398  
Net income (loss) (7,379)       (7,379)
Balance at end of period at Mar. 31, 2026 $ 256,902 $ 249 $ 475,000 $ 3,084 $ (221,431)
[1] Dividends paid on common stock during the three months ended March 31, 2025 at $0.32 per share of common stock on February 28, 2025.
[2] Dividends paid on common stock during the three months ended March 31, 2026 at $0.32 per share of common stock on February 27, 2026.