v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Keystone Bancshares, Inc.
Series A Preferred Stock
Preferred Stock
Series A Preferred Stock
Common Stock
Voting Common Stock
Common Stock
Voting Common Stock
Keystone Bancshares, Inc.
Additional Paid in Capital
Additional Paid in Capital
Keystone Bancshares, Inc.
Retained Earnings
Retained Earnings
Series A Preferred Stock
Accumulated Other Comprehensive Income
Treasury Stock
Balance at Dec. 31, 2024 $ 460,719     $ 69 $ 13,848   $ 321,696   $ 121,697   $ 4,508 $ (1,099)
Net income 30,336               30,336      
Share-based compensation 738           738          
Stock options exercised 647       55   592          
Restricted stock grants         32   (32)          
Restricted stock forfeited or withheld to satisfy tax obligations (27)       (5)   (22)          
Other comprehensive income (loss), net of tax 6,058                   6,058  
Preferred dividends declared - Series A     $ (2,356)             $ (2,356)    
Balance at Jun. 30, 2025 496,115     69 13,930   322,972   149,677   10,566 (1,099)
Balance at Mar. 31, 2025 479,786     69 13,904   322,456   134,115   10,341 (1,099)
Net income 16,747               16,747      
Share-based compensation 406           406          
Stock options exercised 136       17   119          
Restricted stock grants         9   (9)          
Other comprehensive income (loss), net of tax 225                   225  
Preferred dividends declared - Series A     (1,185)             (1,185)    
Balance at Jun. 30, 2025 496,115     69 13,930   322,972   149,677   10,566 (1,099)
Balance at Dec. 31, 2025 531,027     69 13,970   323,929   183,238   10,920 (1,099)
Net income 38,355               38,355      
Share-based compensation 1,149           1,149          
Stock options exercised 1,121       77   1,044          
Restricted stock grants         102   (102)          
Restricted stock forfeited or withheld to satisfy tax obligations (149)       (4)   (145)          
Common stock issued upon acquisition   $ 103,862       $ 2,561   $ 101,301        
Stock options issued upon conversion of equity awards acquired from Keystone Bancshares, Inc.   2,286           2,286        
Restricted stock grants issued upon conversion of equity awards   481       $ 12   469        
Other comprehensive income (loss), net of tax (5,004)                   (5,004)  
Preferred dividends declared - Series A     (2,355)             (2,355)    
Balance at Jun. 30, 2026 670,773     69 16,718   429,931   219,238   5,916 (1,099)
Balance at Mar. 31, 2026 650,530     69 16,641   428,815   198,435   7,669 (1,099)
Net income 21,987               21,987      
Share-based compensation 724           724          
Stock options exercised 756       54   702          
Restricted stock grants         23   (23)          
Capital adjustment related to transfer of assets acquired from acquisition   $ (287)           $ (287)        
Other comprehensive income (loss), net of tax (1,753)                   (1,753)  
Preferred dividends declared - Series A     $ (1,184)             $ (1,184)    
Balance at Jun. 30, 2026 $ 670,773     $ 69 $ 16,718   $ 429,931   $ 219,238   $ 5,916 $ (1,099)