v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Treasury Stock [Member]
Accumulated Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Beginning Balance at Dec. 31, 2024 $ 257,341 $ 207 $ 223,956 $ (42,052) $ 84,105 $ (8,875)
Beginning Balance, Shares at Dec. 31, 2024   20,733,166        
Beginning Balance, Shares at Dec. 31, 2024       (1,682,851)    
Comprehensive income:            
Net income 22,904       22,904  
Other comprehensive income:            
Change in unrealized losses on debt securities, net of tax 1,314         1,314
Comprehensive income 24,218          
Common stock issued 944 $ 1 943      
Common stock issued, Shares   31,189        
Purchase of treasury stock $ (2,796)     $ (2,796)    
Purchase of treasury stock, Shares (62,757)     (62,757)    
Share-based compensation $ 775   775      
Dividends to shareholders (14,912)       (14,912)  
Ending Balance at Jun. 30, 2025 265,570 $ 208 225,674 $ (44,848) 92,097 (7,561)
Ending Balance, Shares at Jun. 30, 2025   20,764,355        
Ending Balance, Shares at Jun. 30, 2025       (1,745,608)    
Beginning Balance at Mar. 31, 2025 260,813 $ 207 224,327 $ (42,052) 85,600 (7,269)
Beginning Balance, Shares at Mar. 31, 2025   20,733,166        
Beginning Balance, Shares at Mar. 31, 2025       (1,682,851)    
Comprehensive income:            
Net income 13,955       13,955  
Other comprehensive income:            
Change in unrealized losses on debt securities, net of tax (292)         (292)
Comprehensive income 13,663          
Common stock issued 944 $ 1 943      
Common stock issued, Shares   31,189        
Purchase of treasury stock $ (2,796)     $ (2,796)    
Purchase of treasury stock, Shares (62,757)     (62,757)    
Share-based compensation $ 404   404      
Dividends to shareholders (7,458)       (7,458)  
Ending Balance at Jun. 30, 2025 265,570 $ 208 225,674 $ (44,848) 92,097 (7,561)
Ending Balance, Shares at Jun. 30, 2025   20,764,355        
Ending Balance, Shares at Jun. 30, 2025       (1,745,608)    
Beginning Balance at Dec. 31, 2025 $ 251,598 $ 208 225,912 $ (54,155) 82,850 (3,217)
Beginning Balance, Shares at Dec. 31, 2025 18,794,881 20,769,021        
Beginning Balance, Shares at Dec. 31, 2025 (1,974,140)     (1,974,140)    
Comprehensive income:            
Net income $ 22,740       22,740  
Other comprehensive income:            
Change in unrealized losses on debt securities, net of tax (763)         (763)
Comprehensive income 21,977          
Common stock issued 729   729      
Common stock issued, Shares   45,229        
Purchase of treasury stock $ (9,655)     $ (9,655)    
Purchase of treasury stock, Shares (304,052)     (304,052)    
Share-based compensation $ 682   682      
Dividends to shareholders (15,340)       (15,340)  
Ending Balance at Jun. 30, 2026 $ 249,991 $ 208 227,323 $ (63,810) 90,250 (3,980)
Ending Balance, Shares at Jun. 30, 2026 18,536,058 20,814,250        
Ending Balance, Shares at Jun. 30, 2026 (2,278,192)     (2,278,192)    
Beginning Balance at Mar. 31, 2026 $ 246,597 $ 208 226,944 $ (58,186) 83,296 (5,665)
Beginning Balance, Shares at Mar. 31, 2026   20,797,870        
Beginning Balance, Shares at Mar. 31, 2026       (2,094,099)    
Comprehensive income:            
Net income 14,595       14,595  
Other comprehensive income:            
Change in unrealized losses on debt securities, net of tax 1,685         1,685
Comprehensive income 16,280          
Common stock issued (0)   (0)      
Common stock issued, Shares   16,380        
Purchase of treasury stock $ (5,624)     $ (5,624)    
Purchase of treasury stock, Shares (184,093)     (184,093)    
Share-based compensation $ 379   379      
Dividends to shareholders (7,641)       (7,641)  
Ending Balance at Jun. 30, 2026 $ 249,991 $ 208 $ 227,323 $ (63,810) $ 90,250 $ (3,980)
Ending Balance, Shares at Jun. 30, 2026 18,536,058 20,814,250        
Ending Balance, Shares at Jun. 30, 2026 (2,278,192)     (2,278,192)