v3.26.1
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2024 5,903,368      
Balance at Dec. 31, 2024 $ 29,043 $ 174,002 $ (25,145) $ 177,900
Net income   13,501   13,501
Other comprehensive income     4,467 4,467
Cash dividends on common stock   (3,549)   (3,549)
Vesting of restricted stock units (in shares) 3,033      
Exercise of stock options (in shares) 27,305      
Exercise of stock options $ 583 0 0 583
Stock-based compensation expense $ 177     177
Other comprehensive loss     4,467 4,467
Balance (in shares) at Jun. 30, 2025 5,933,706      
Balance at Jun. 30, 2025 $ 29,803 183,954 (20,678) 193,079
Balance (in shares) at Dec. 31, 2024 5,903,368      
Balance at Dec. 31, 2024 $ 29,043 174,002 (25,145) 177,900
Balance (in shares) at Dec. 31, 2025 6,958,814      
Balance at Dec. 31, 2025 $ 75,668 195,899 (10,491) 261,076
Balance (in shares) at Mar. 31, 2025 5,922,116      
Balance at Mar. 31, 2025 $ 29,454 179,411 (21,262) 187,603
Net income   6,321   6,321
Other comprehensive income     584 584
Cash dividends on common stock   (1,778)   (1,778)
Exercise of stock options (in shares) 11,590      
Exercise of stock options $ 254 0 0 254
Stock-based compensation expense $ 95     95
Other comprehensive loss     584 584
Balance (in shares) at Jun. 30, 2025 5,933,706      
Balance at Jun. 30, 2025 $ 29,803 183,954 (20,678) 193,079
Balance (in shares) at Dec. 31, 2025 6,958,814      
Balance at Dec. 31, 2025 $ 75,668 195,899 (10,491) 261,076
Net income   19,722   19,722
Other comprehensive income $ 0 0 (3,091) (3,091)
Cash dividends on common stock   (4,608)   (4,608)
Exercise of stock options (in shares) 60,802      
Exercise of stock options $ 1,489 0 0 1,489
Stock-based compensation expense $ 328     328
Repurchase of Common Stock (in shares) (56,000)      
Repurchase of Common Stock $ (2,783) 0 0 (2,783)
Other comprehensive loss $ 0 0 (3,091) (3,091)
Balance (in shares) at Jun. 30, 2026 6,963,616      
Balance at Jun. 30, 2026 $ 74,702 211,013 (13,582) 272,133
Balance (in shares) at Mar. 31, 2026 6,974,673      
Balance at Mar. 31, 2026 $ 75,149 203,357 (13,114) 265,392
Net income   9,959   9,959
Other comprehensive income $ 0 0 (468) (468)
Cash dividends on common stock   (2,303)   (2,303)
Exercise of stock options (in shares) 3,943      
Exercise of stock options $ 101 0 0 101
Stock-based compensation expense $ 208     208
Repurchase of Common Stock (in shares) (15,000)      
Repurchase of Common Stock $ (756) 0 0 (756)
Other comprehensive loss $ 0 0 (468) (468)
Balance (in shares) at Jun. 30, 2026 6,963,616      
Balance at Jun. 30, 2026 $ 74,702 $ 211,013 $ (13,582) $ 272,133