v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Restricted Stock
Performance Based Restricted Stock Awards
Preferred Stock
Additional Paid-In Capital
Additional Paid-In Capital
Restricted Stock
Additional Paid-In Capital
Performance Based Restricted Stock Awards
Retained Earnings
Treasury Stock
Treasury Stock
Restricted Stock
Treasury Stock
Performance Based Restricted Stock Awards
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2024 $ 610,695     $ 57,785 $ 219,876     $ 381,296 $ (4,689)     $ (43,573)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 25,437             25,437        
Other comprehensive (loss) income 10,110                     10,110
Forfeiture of restricted stock award grants   $ 0       $ 220       $ (220)    
Restricted stock award grants and performance based restricted stock award grants   0 $ 0     (2,654) $ (167)     2,654 $ 167  
Stock-based compensation expense 1,100       1,100              
Purchase of treasury stock for the purpose of tax withholding related to restricted stock award and performance based restricted stock award vesting   (282) (50)             (282) (50)  
Preferred cash dividend declared (2,150)             (2,150)        
Cash dividends declared (7,579)             (7,579)        
Ending balance at Jun. 30, 2025 637,281     57,785 218,375     397,004 (2,420)     (33,463)
Beginning balance at Mar. 31, 2025 624,508     57,785 220,254     387,925 (4,944)     (36,512)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 13,956             13,956        
Other comprehensive (loss) income 3,049                     3,049
Forfeiture of restricted stock award grants   0       130       (130)    
Restricted stock award grants and performance based restricted stock award grants   0       (2,654)       2,654    
Stock-based compensation expense 645       645              
Preferred cash dividend declared (1,075)             (1,075)        
Cash dividends declared (3,802)             (3,802)        
Ending balance at Jun. 30, 2025 637,281     57,785 218,375     397,004 (2,420)     (33,463)
Beginning balance at Dec. 31, 2025 872,127     57,785 422,653     424,935 (2,581)     (30,665)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 55,340             55,340        
Other comprehensive (loss) income (5,895)                     (5,895)
Forfeiture of restricted stock award grants   0       289       (289)    
Restricted stock award grants and performance based restricted stock award grants     0       $ (283)       283  
Stock-based compensation expense 1,827       1,827              
Purchase of treasury stock for the purpose of tax withholding related to restricted stock award and performance based restricted stock award vesting   (491) $ (51)             (491) $ (51)  
Preferred cash dividend declared (2,150)             (2,150)        
Cash dividends declared (11,260)             (11,260)        
Ending balance at Jun. 30, 2026 909,447     57,785 424,486     466,865 (3,129)     (36,560)
Beginning balance at Mar. 31, 2026 889,101     57,785 423,292     445,265 (2,971)     (34,270)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net income 28,304             28,304        
Other comprehensive (loss) income (2,290)                     (2,290)
Forfeiture of restricted stock award grants   $ 0       $ 158       $ (158)    
Stock-based compensation expense 1,036       1,036              
Preferred cash dividend declared (1,075)             (1,075)        
Cash dividends declared (5,629)             (5,629)        
Ending balance at Jun. 30, 2026 $ 909,447     $ 57,785 $ 424,486     $ 466,865 $ (3,129)     $ (36,560)