v3.26.1
CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interest - Preferred Stock of Subsidiary
Total
Balance at Dec. 31, 2024 $ 16,926 $ 294,269 $ 203,824 $ (23,671) $ 113 $ 491,461
Balance (in shares) at Dec. 31, 2024 16,925,672          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     22,959     22,959
Other comprehensive income (loss)       6,397   6,397
Stock options exercised $ 4 59       63
Stock options exercised (in shares) 4,203          
Restricted stock, net of forfeitures $ 96 (96)        
Restricted stock, net of forfeitures (in shares) 96,121          
Restricted stock, withheld for taxes $ (8) (257)       (265)
Restricted stock, withheld for taxes (in shares) (8,449)          
Stock compensation expense   1,234       1,234
Common stock dividend     (2,722)     (2,722)
Balance at Jun. 30, 2025 $ 17,018 295,209 224,061 (17,274) 113 519,127
Balance (in shares) at Jun. 30, 2025 17,017,547          
Balance at Mar. 31, 2025 $ 17,018 294,736 213,721 (19,647) 113 505,941
Balance (in shares) at Mar. 31, 2025 17,017,547          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     11,705     11,705
Other comprehensive income (loss)       2,373   2,373
Stock compensation expense   473       473
Common stock dividend     (1,365)     (1,365)
Balance at Jun. 30, 2025 $ 17,018 295,209 224,061 (17,274) 113 519,127
Balance (in shares) at Jun. 30, 2025 17,017,547          
Balance at Dec. 31, 2025 $ 17,029 295,950 248,719 (9,319) 113 $ 552,492 [1]
Balance (in shares) at Dec. 31, 2025 17,029,317         17,029,317
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     30,002     $ 30,002
Other comprehensive income (loss)       (3,622)   (3,622)
Restricted stock, net of forfeitures $ 77 (77)        
Restricted stock, net of forfeitures (in shares) 77,587          
Restricted stock, withheld for taxes $ (8) (303)       (311)
Restricted stock, withheld for taxes (in shares) (8,431)          
Stock compensation expense   1,271       1,271
Common stock dividend     (2,908)     (2,908)
Balance at Jun. 30, 2026 $ 17,098 296,841 275,813 (12,941) 113 $ 576,924
Balance (in shares) at Jun. 30, 2026 17,098,473         17,098,473
Balance at Mar. 31, 2026 $ 17,098 296,284 261,032 (12,366) 113 $ 562,161
Balance (in shares) at Mar. 31, 2026 17,098,473          
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income     16,322     16,322
Other comprehensive income (loss)       (575)   (575)
Stock compensation expense   557       557
Common stock dividend     (1,541)     (1,541)
Balance at Jun. 30, 2026 $ 17,098 $ 296,841 $ 275,813 $ (12,941) $ 113 $ 576,924
Balance (in shares) at Jun. 30, 2026 17,098,473         17,098,473
[1] Derived from audited financial statements.