v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Beginning balance at Dec. 31, 2024 $ 19,995 $ 250,695 $ 238,955 $ (40,695) $ 468,950
Beginning balance (in shares) at Dec. 31, 2024 9,990,724        
Net income     15,009   15,009
Other comprehensive (loss) income, net of income tax       4,241 4,241
Cash dividends declared     (6,158)   (6,158)
Stock compensation $ 10 (211)     (201)
Restricted stock issued $ 16 169     185
Restricted stock issued (in shares) 8,212        
Shares withheld to satisfy taxes on restricted stock $ (7) (165)     (172)
Shares withheld to satisfy taxes on restricted stock (in shares) (3,453)        
Ending balance at Mar. 31, 2025 $ 20,014 250,488 247,806 (36,454) 481,854
Ending balance (in shares) at Mar. 31, 2025 9,995,483        
Beginning balance at Dec. 31, 2024 $ 19,995 250,695 238,955 (40,695) 468,950
Beginning balance (in shares) at Dec. 31, 2024 9,990,724        
Net income         31,965
Other comprehensive (loss) income, net of income tax         5,707
Ending balance at Jun. 30, 2025 $ 20,015 250,468 258,601 (34,988) 494,096
Ending balance (in shares) at Jun. 30, 2025 9,994,696        
Beginning balance at Mar. 31, 2025 $ 20,014 250,488 247,806 (36,454) 481,854
Beginning balance (in shares) at Mar. 31, 2025 9,995,483        
Net income     16,956   16,956
Other comprehensive (loss) income, net of income tax       1,466 1,466
Cash dividends declared     (6,161)   (6,161)
Stock compensation $ 2 (4)     (2)
Restricted stock issued 1 22     23
Shares withheld to satisfy taxes on restricted stock $ (2) (38)     (40)
Shares withheld to satisfy taxes on restricted stock (in shares) (787)        
Ending balance at Jun. 30, 2025 $ 20,015 250,468 258,601 (34,988) 494,096
Ending balance (in shares) at Jun. 30, 2025 9,994,696        
Beginning balance at Dec. 31, 2025 $ 20,015 251,023 273,500 (24,691) $ 519,847
Beginning balance (in shares) at Dec. 31, 2025 9,994,595       9,994,595
Net income     14,747   $ 14,747
Other comprehensive (loss) income, net of income tax       (2,917) (2,917)
Cash dividends declared     (6,246)   (6,246)
Stock compensation   219     219
Restricted stock issued $ 45 180     225
Restricted stock issued (in shares) 22,454        
Shares withheld to satisfy taxes on restricted stock $ (13) (357)     (370)
Shares withheld to satisfy taxes on restricted stock (in shares) (6,561)        
Ending balance at Mar. 31, 2026 $ 20,047 251,065 282,001 (27,608) 525,505
Ending balance (in shares) at Mar. 31, 2026 10,010,488        
Beginning balance at Dec. 31, 2025 $ 20,015 251,023 273,500 (24,691) $ 519,847
Beginning balance (in shares) at Dec. 31, 2025 9,994,595       9,994,595
Net income         $ 29,552
Other comprehensive (loss) income, net of income tax         (957)
Ending balance at Jun. 30, 2026 $ 20,053 251,224 290,556 (25,648) $ 536,185
Ending balance (in shares) at Jun. 30, 2026 10,010,367       10,010,367
Beginning balance at Mar. 31, 2026 $ 20,047 251,065 282,001 (27,608) $ 525,505
Beginning balance (in shares) at Mar. 31, 2026 10,010,488        
Net income     14,805   14,805
Other comprehensive (loss) income, net of income tax       1,960 1,960
Cash dividends declared     (6,250)   (6,250)
Stock compensation   211     211
Restricted stock issued $ 8 (8)      
Restricted stock issued (in shares) 465        
Shares withheld to satisfy taxes on restricted stock $ (2) (44)     (46)
Shares withheld to satisfy taxes on restricted stock (in shares) (586)        
Ending balance at Jun. 30, 2026 $ 20,053 $ 251,224 $ 290,556 $ (25,648) $ 536,185
Ending balance (in shares) at Jun. 30, 2026 10,010,367       10,010,367