v3.26.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock Outstanding [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2024 0 18,321,795        
Balance at Dec. 31, 2024 $ 0 $ 18,322 $ 169,752 $ 349,489 $ (11,171) $ 526,392
Net income 0 0 0 24,064 0 24,064
Other comprehensive loss 0 0 0 0 2,024 2,024
Common dividends declared $ 0 $ 0 0 (49,246) 0 (49,246)
Equity-based compensation expense (in shares) 0 34,913        
Equity-based compensation expense $ 0 $ 34 1,292 0 0 1,326
Repurchase of common shares (in shares) 0 (50,338)        
Repurchase of common shares $ 0 $ (50) (1,801) 0 0 (1,851)
Balance (in shares) at Jun. 30, 2025 0 18,311,232        
Balance at Jun. 30, 2025 $ 0 $ 18,311 169,358 324,307 (9,147) 502,829
Common stock options exercised (in shares) 0 4,877        
Common stock options exercised $ 0 $ 5 115 0 0 120
Issuance of common stock to 401(k) plan (in shares) 0 (15)        
Issuance of common stock to 401(k) plan $ 0 $ 0 0 0 0 0
Balance (in shares) at Mar. 31, 2025 0 18,326,657        
Balance at Mar. 31, 2025 $ 0 $ 18,327 169,867 317,728 (9,505) 496,417
Net income 0 0 0 12,246 0 12,246
Other comprehensive loss 0 0 0 0 358 358
Common dividends declared $ 0 $ 0 0 (5,667) 0 (5,667)
Equity-based compensation expense (in shares) 0 34,913        
Equity-based compensation expense $ 0 $ 34 1,292 0 0 1,326
Repurchase of common shares (in shares) 0 (50,338)        
Repurchase of common shares $ 0 $ (50) (1,801) 0 0 (1,851)
Balance (in shares) at Jun. 30, 2025 0 18,311,232        
Balance at Jun. 30, 2025 $ 0 $ 18,311 169,358 324,307 (9,147) 502,829
Balance (in shares) at Dec. 31, 2025 0 18,334,787        
Balance at Dec. 31, 2025 $ 0 $ 18,335 170,358 319,368 (7,514) 500,547 [1]
Net income 0 0 0 34,540 0 34,540
Other comprehensive loss 0 0 0 0 (683) (683)
Common dividends declared $ 0 $ 0 0 (11,805) 0 (11,805)
Equity-based compensation expense (in shares) 0 30,742        
Equity-based compensation expense $ 0 $ 31 1,412 0 0 1,443
Repurchase of common shares (in shares) 0 (504,652)        
Repurchase of common shares $ 0 $ (505) (19,827) 0 0 (20,332)
Balance (in shares) at Jun. 30, 2026 0 18,902,628        
Balance at Jun. 30, 2026 $ 0 $ 18,903 186,291 342,103 (8,197) 539,100
Common stock options exercised (in shares) 0 12,437        
Common stock options exercised $ 0 $ 13 304 0 0 317
Hometown Acquisition (in shares) 1,029,314        
Hometown Acquisition $ 1,029 34,044 0 0 35,073
Balance (in shares) at Mar. 31, 2026 0 18,861,295        
Balance at Mar. 31, 2026 $ 0 $ 18,861 184,684 325,439 (7,590) 521,394
Net income 0 0 0 22,513 0 22,513
Other comprehensive loss 0 0 0 0 (607) (607)
Common dividends declared $ 0 $ 0 0 (5,849) 0 (5,849)
Equity-based compensation expense (in shares) 0 30,742        
Equity-based compensation expense $ 0 $ 31 1,338 0 0 1,369
Balance (in shares) at Jun. 30, 2026 0 18,902,628        
Balance at Jun. 30, 2026 $ 0 $ 18,903 186,291 342,103 (8,197) 539,100
Common stock options exercised (in shares) 0 10,591        
Common stock options exercised $ 0 $ 11 $ 269 $ 0 $ 0 $ 280
[1] Derived from audited financial statements