v3.26.1
Consolidated Statements of Changes In Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Surplus
Retained Earnings
Accumulated Other Comprehensive (Loss)
Starting Balance at Dec. 31, 2024 $ 118,987 $ 8,714 $ 14,901 $ 114,012 $ (18,640)
Net Income (Loss) (6,974)     (6,974)  
Other comprehensive income (loss) 12,013       12,013
Vesting of restricted stock awards, stock incentive plan   64 (64)    
Stock-based compensation expense 323   323    
Issuance of common stock, public offering, net 53,501 4,492 49,009    
Repurchase and retirement of common stock (265) (18) (247)    
Dividends declared (1,110)     (1,110)  
End Balance at Mar. 31, 2025 176,475 13,252 63,922 105,928 (6,627)
Starting Balance at Dec. 31, 2024 118,987 8,714 14,901 114,012 (18,640)
Net Income (Loss) (1,704)        
Other comprehensive income (loss) 11,344        
End Balance at Jun. 30, 2025 179,648 13,260 64,154 109,530 (7,296)
Starting Balance at Mar. 31, 2025 176,475 13,252 63,922 105,928 (6,627)
Net Income (Loss) 5,270     5,270  
Other comprehensive income (loss) (669)       (669)
Vesting of restricted stock awards, stock incentive plan   12 (12)    
Stock-based compensation expense 290   290    
Repurchase and retirement of common stock (50) (4) (46)    
Dividends declared (1,668)     (1,668)  
End Balance at Jun. 30, 2025 179,648 13,260 64,154 109,530 (7,296)
Starting Balance at Dec. 31, 2025 188,839 13,264 64,720 116,115 (5,260)
Net Income (Loss) 3,740     3,740  
Other comprehensive income (loss) (705)       (705)
Vesting of restricted stock awards, stock incentive plan   65 (65)    
Stock-based compensation expense 413   413    
Repurchase and retirement of common stock (284) (18) (266)    
Dividends declared (1,677)     (1,677)  
End Balance at Mar. 31, 2026 190,326 13,311 64,802 118,178 (5,965)
Starting Balance at Dec. 31, 2025 188,839 13,264 64,720 116,115 (5,260)
Net Income (Loss) 8,721        
Other comprehensive income (loss) (816)        
End Balance at Jun. 30, 2026 193,905 13,311 65,189 121,481 (6,076)
Starting Balance at Mar. 31, 2026 190,326 13,311 64,802 118,178 (5,965)
Net Income (Loss) 4,981     4,981  
Other comprehensive income (loss) (111)       (111)
Stock-based compensation expense 387   387    
Dividends declared (1,678)     (1,678)  
End Balance at Jun. 30, 2026 $ 193,905 $ 13,311 $ 65,189 $ 121,481 $ (6,076)