v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance, preferred stock (in shares) at Dec. 31, 2024   69,141      
Beginning balance, common stock (in shares) at Dec. 31, 2024     14,380,651    
Beginning balance at Dec. 31, 2024 $ 363,814 $ 69,141 $ 143,195 $ 160,797 $ (9,319)
Comprehensive income          
Net income 7,735     7,735  
Other comprehensive (loss) income, net of tax 2,275       2,275
Repurchase of common stock (in shares)     (50,676)    
Repurchase of common stock (953)   $ (953)    
Share-based compensation expense 230   $ 230    
Stock options exercised (in shares)     57,201    
Stock options exercised 684   $ 684    
Preferred stock dividends (40)     (40)  
Cash dividends declared on common stock (2,881)     (2,881)  
Ending balance, preferred stock (in shares) at Mar. 31, 2025   69,141      
Ending balance, common stock (in shares) at Mar. 31, 2025     14,387,176    
Ending balance at Mar. 31, 2025 370,864 $ 69,141 $ 143,156 165,611 (7,044)
Beginning balance, preferred stock (in shares) at Dec. 31, 2024   69,141      
Beginning balance, common stock (in shares) at Dec. 31, 2024     14,380,651    
Beginning balance at Dec. 31, 2024 $ 363,814 $ 69,141 $ 143,195 160,797 (9,319)
Comprehensive income          
Repurchase of common stock (in shares) (358,251)        
Ending balance, preferred stock (in shares) at Dec. 31, 2025 69,141 69,141      
Ending balance, common stock (in shares) at Dec. 31, 2025 14,230,428   14,230,428    
Ending balance at Dec. 31, 2025 $ 390,026 $ 69,141 $ 139,256 186,485 (4,856)
Comprehensive income          
Net income 10,653     10,653  
Other comprehensive (loss) income, net of tax $ (895)       (895)
Repurchase of common stock (in shares) (9,005)   (9,005)    
Repurchase of common stock $ (193)   $ (193)    
Share-based compensation expense $ 230   $ 230    
Stock options exercised (in shares) 10,000   10,000    
Stock options exercised $ 112   $ 112    
Preferred stock dividends (86)     (86)  
Cash dividends declared on common stock $ (3,129)     (3,129)  
Ending balance, preferred stock (in shares) at Mar. 31, 2026 69,141 69,141      
Ending balance, common stock (in shares) at Mar. 31, 2026 14,231,423   14,231,423    
Ending balance at Mar. 31, 2026 $ 396,718 $ 69,141 $ 139,405 $ 193,923 $ (5,751)