v3.26.1
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive (Loss)
Total
Beginning balance at Dec. 31, 2024 $ 142 $ 97,173 $ 159,951 $ (10,652) $ 246,614
Beginning balance (in shares) at Dec. 31, 2024 14,215,081        
Net Income     9,913   9,913
Other comprehensive income (loss)       2,163 2,163
Quarterly dividend declared on common stock     (4,270)   (4,270)
Repurchase of common stock   (1,357)     (1,357)
Repurchase of common stock (in shares) (79,443)        
Exercise of stock options, net of shares surrendered   446     446
Exercise of stock options, net of shares surrendered (in shares) 43,541        
Restricted stock vesting, net of shares surrendered   (15)     (15)
Restricted stock vesting, net of shares surrendered (in shares) 2,177        
Share-based compensation   238     238
Ending balance at Jun. 30, 2025 $ 142 96,485 165,594 (8,489) 253,732
Ending balance (in shares) at Jun. 30, 2025 14,181,356        
Beginning balance at Mar. 31, 2025 $ 142 97,310 164,761 (9,255) 252,958
Beginning balance (in shares) at Mar. 31, 2025 14,225,196        
Net Income     5,103   5,103
Other comprehensive income (loss)       766 766
Quarterly dividend declared on common stock     (4,270)   (4,270)
Repurchase of common stock   (1,311)     (1,311)
Repurchase of common stock (in shares) (76,804)        
Exercise of stock options, net of shares surrendered   367     367
Exercise of stock options, net of shares surrendered (in shares) 32,614        
Restricted stock vesting, net of shares surrendered   (1)     (1)
Restricted stock vesting, net of shares surrendered (in shares) 350        
Share-based compensation   120     120
Ending balance at Jun. 30, 2025 $ 142 96,485 165,594 (8,489) 253,732
Ending balance (in shares) at Jun. 30, 2025 14,181,356        
Beginning balance at Dec. 31, 2025 $ 141 95,699 176,913 (7,115) 265,638
Beginning balance (in shares) at Dec. 31, 2025 14,146,056        
Net Income     13,121   13,121
Other comprehensive income (loss)       (644) (644)
Excise tax payment on repurchases of common stock   (18)     (18)
Quarterly dividend declared on common stock     (2,549)   (2,549)
Repurchase of common stock $ (1) (2,042)     (2,043)
Repurchase of common stock (in shares) (103,507)        
Restricted stock vesting, net of shares surrendered   (3)     (3)
Restricted stock vesting, net of shares surrendered (in shares) 1,853        
Share-based compensation   282     282
Ending balance at Jun. 30, 2026 $ 140 93,918 187,485 (7,759) 273,784
Ending balance (in shares) at Jun. 30, 2026 14,044,402        
Beginning balance at Mar. 31, 2026 $ 140 93,796 181,736 (7,525) 268,147
Beginning balance (in shares) at Mar. 31, 2026 14,044,052        
Net Income     7,019   7,019
Other comprehensive income (loss)       (234) (234)
Excise tax payment on repurchases of common stock   (18)     (18)
Dividend declared on common stock     (1,270)   (1,270)
Restricted stock vesting, net of shares surrendered   (1)     (1)
Restricted stock vesting, net of shares surrendered (in shares) 350        
Share-based compensation   141     141
Ending balance at Jun. 30, 2026 $ 140 $ 93,918 $ 187,485 $ (7,759) $ 273,784
Ending balance (in shares) at Jun. 30, 2026 14,044,402