v3.26.1
Condensed Consolidated Statements of Shareholders’ Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Total
Balance at Dec. 31, 2024 $ 61,319 $ 15,194 $ 116,186 $ (30,234) $ (34,957) $ 127,508
Net income 2,158 2,158
Other comprehensive income (loss) 3,362 3,362
Cash dividends on common (947) (947)
Restricted stock vesting (396) 396
Repurchased stock (712) (712)
Stock based compensation expense 157 157
Balance at Mar. 31, 2025 61,319 14,955 117,397 (26,872) (35,273) 131,526
Balance at Dec. 31, 2024 61,319 15,194 116,186 (30,234) (34,957) 127,508
Net income           6,010
Balance at Jun. 30, 2025 61,319 15,139 120,273 (25,492) (37,591) 133,648
Balance at Mar. 31, 2025 61,319 14,955 117,397 (26,872) (35,273) 131,526
Net income     3,852     3,852
Other comprehensive income (loss)       1,380   1,380
Cash dividends on common     (976)     (976)
Repurchased stock         (2,318) (2,318)
Stock based compensation expense   184       184
Balance at Jun. 30, 2025 61,319 15,139 120,273 (25,492) (37,591) 133,648
Balance at Dec. 31, 2025 61,319 15,160 126,311 (21,481) (40,073) 141,236
Net income 4,296 4,296
Other comprehensive income (loss) (380) (380)
Cash dividends on common (976) (976)
Restricted stock vesting (250) 250
Repurchased stock (676) (676)
Stock based compensation expense 155 155
Balance at Mar. 31, 2026 61,319 15,065 129,631 (21,861) (40,499) 143,655
Balance at Dec. 31, 2025 61,319 15,160 126,311 (21,481) (40,073) 141,236
Net income           8,793
Balance at Jun. 30, 2026 61,319 15,275 133,125 (21,854) (41,125) 146,740
Balance at Mar. 31, 2026 61,319 15,065 129,631 (21,861) (40,499) 143,655
Net income     4,497     4,497
Other comprehensive income (loss)       7   7
Cash dividends on common     (1,003)     (1,003)
Repurchased stock         (626) (626)
Stock based compensation expense   210       210
Balance at Jun. 30, 2026 $ 61,319 $ 15,275 $ 133,125 $ (21,854) $ (41,125) $ 146,740