v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock and Paid in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income/(Loss), Net [Member]
Balance (in shares) at Dec. 31, 2024   8,965,483    
Balance at Dec. 31, 2024 $ 260,415 $ 206,780 $ 91,414 $ (37,779)
Net income (loss) (13,906)   (13,906)  
Other comprehensive income (loss) (6,544)     (6,544)
Shares issued for directors and employee stock plans (in shares)   5,515    
Shares issued for directors and employee stock plans 172 $ 172    
Compensation expense for employee stock purchases 13 13    
Stock-based compensation expense 177 $ 177    
Merger with Fentura Financial, Inc., net of issuance costs (in shares)   6,064,057    
Merger with Fentura Financial, Inc., net of issuance costs 192,770 $ 192,770    
Repurchase of shares from Fentura Financial, Inc. ESOP (in shares)   (57,807)    
Repurchase of shares from Fentura Financial, Inc. ESOP (1,837) $ (1,837)    
Cash dividends declared (4,192)   (4,192)  
Balance (in shares) at Mar. 31, 2025   14,977,248    
Balance at Mar. 31, 2025 $ 427,068 $ 398,075 73,316 (44,323)
Balance (in shares) at Dec. 31, 2025 15,000,939 15,000,939    
Balance at Dec. 31, 2025 $ 465,353 $ 398,386 102,641 (35,674)
Net income (loss) 13,704   13,704  
Other comprehensive income (loss) (3,831)     (3,831)
Shares issued for directors and employee stock plans (in shares)   9,261    
Shares issued for directors and employee stock plans 255 $ 255    
Compensation expense for employee stock purchases 13 13    
Stock-based compensation expense $ 285 $ 285    
Shares repurchased (in shares) (50,000) (50,000)    
Shares repurchased $ (1,441) $ (1,441)    
Cash dividends declared $ (4,337)   (4,337)  
Balance (in shares) at Mar. 31, 2026 14,960,200 14,960,200    
Balance at Mar. 31, 2026 $ 470,001 $ 397,498 $ 112,008 $ (39,505)