v3.26.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Common Stock
Voting Common Stock
Common Stock
Non-voting Common Stock
Capital Surplus
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2024 $ 195,232 $ 8,098 $ 2,172 $ 158,755 $ 41,994 $ (15,787)
Beginning balance, shares at Dec. 31, 2024   8,098,117 2,172,029      
Net issuance of common stock under incentive plan 42 $ 9   33    
Net issuance of common stock under incentive plan, shares   8,775        
Stock-based compensation expense 479     479    
Net Income (Loss) 11,015       11,015  
Other comprehensive income (loss), net of tax 2,597         2,597
Ending balance at Jun. 30, 2025 209,365 $ 8,107 $ 2,172 159,267 53,009 (13,190)
Ending balance, shares at Jun. 30, 2025   8,106,892 2,172,029      
Beginning balance at Mar. 31, 2025 202,104 $ 8,102 $ 2,172 158,997 47,044 (14,211)
Beginning balance, shares at Mar. 31, 2025   8,102,242 2,172,029      
Net issuance of common stock under incentive plan 42 $ 5   37    
Net issuance of common stock under incentive plan, shares   4,650        
Stock-based compensation expense 233     233    
Net Income (Loss) 5,965       5,965  
Other comprehensive income (loss), net of tax 1,021         1,021
Ending balance at Jun. 30, 2025 209,365 $ 8,107 $ 2,172 159,267 53,009 (13,190)
Ending balance, shares at Jun. 30, 2025   8,106,892 2,172,029      
Beginning balance at Dec. 31, 2025 259,529 $ 10,868 $ 1,112 189,882 66,886 (9,219)
Beginning balance, shares at Dec. 31, 2025   10,868,256 1,112,156      
Net issuance of common stock under incentive plan 223 $ 71   152    
Net issuance of common stock under incentive plan, shares   71,119        
Shares of common stock withheld in net settlement upon issuance of stock under incentive plan (632)     (632)    
Transfer from nonvoting to voting common stock   $ 1,112 $ (1,112)      
Transfer from nonvoting to voting common stock, shares   1,112,156 (1,112,156)      
Stock-based compensation expense 636     636    
Repurchase of common stock (1,235) $ (48)   (1,187)    
Repurchase of common stock, shares   (48,491)        
Net Income (Loss) 13,662       13,662  
Other comprehensive income (loss), net of tax (1,256)         (1,256)
Dividends declared on common stock (1,224)       (1,224)  
Ending balance at Jun. 30, 2026 269,703 $ 12,003   188,851 79,324 (10,475)
Ending balance, shares at Jun. 30, 2026   12,003,040        
Beginning balance at Mar. 31, 2026 262,923 $ 11,853 $ 132 190,160 72,602 (11,824)
Beginning balance, shares at Mar. 31, 2026   11,853,258 132,156      
Net issuance of common stock under incentive plan 223 $ 66   157    
Net issuance of common stock under incentive plan, shares   66,117        
Shares of common stock withheld in net settlement upon issuance of stock under incentive plan (597)     (597)    
Transfer from nonvoting to voting common stock   $ 132 $ (132)      
Transfer from nonvoting to voting common stock, shares   132,156 (132,156)      
Stock-based compensation expense 318     318    
Repurchase of common stock (1,235) $ (48)   (1,187)    
Repurchase of common stock, shares   (48,491)        
Net Income (Loss) 7,333       7,333  
Other comprehensive income (loss), net of tax 1,349         1,349
Dividends declared on common stock (611)       (611)  
Ending balance at Jun. 30, 2026 $ 269,703 $ 12,003   $ 188,851 $ 79,324 $ (10,475)
Ending balance, shares at Jun. 30, 2026   12,003,040