v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Total
Series B Preferred stock
Preferred Stock
Series A Preferred stock
Preferred Stock
Series B Preferred stock
Common stock
Retained earnings
Additional paid-in capital
Accumulated other comprehensive loss, net of income taxes
Beginning balance, preferred stock (in shares) at Dec. 31, 2024     20          
Beginning balance at Dec. 31, 2024 $ 296,282   $ 19,738   $ 526 $ 57,773 $ 218,266 $ (21)
Beginning balance (in shares) at Dec. 31, 2024         26,291      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense, net of forfeitures 3,361           3,361  
Dividends declared related to RSA, net of accrued dividends forfeited (in shares)         29      
Dividends declared related to RSA, net of accrued dividends forfeited 0       $ 1 (367) 366  
Purchase of vested stock for employee payroll tax withholding (in shares)         (5)      
Purchase of vested stock for employee payroll tax withholding (70)           (70)  
Restricted stock awards (in shares)         2      
Restricted stock awards, net of forfeitures (1)       $ (1)      
Retirement of common shares (in shares)         (13)      
Retirement of common shares (167)       $ (1)   (166)  
ESPP issuances (in shares)         13      
ESPP issuances 157           157  
Dividends declared common shares (9,681)         (9,681)    
Dividends declared preferred shares (800)         (800)    
Net income 23,070         23,070    
Other comprehensive income (loss), net of tax 29             29
Ending balance, preferred stock (in shares) at Jun. 30, 2025     20          
Ending balance at Jun. 30, 2025 312,180   $ 19,738   $ 525 69,995 221,914 8
Ending balance (in shares) at Jun. 30, 2025         26,317      
Beginning balance, preferred stock (in shares) at Mar. 31, 2025     20          
Beginning balance at Mar. 31, 2025 302,280   $ 19,738   $ 527 61,538 220,468 9
Beginning balance (in shares) at Mar. 31, 2025         26,342      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense, net of forfeitures 1,533           1,533  
Dividends declared related to RSA, net of accrued dividends forfeited (in shares)         (6)      
Purchase of vested stock for employee payroll tax withholding (in shares)         (2)      
Purchase of vested stock for employee payroll tax withholding (24)           (24)  
Restricted stock awards (in shares)         (13)      
Restricted stock awards, net of forfeitures (1)       $ (1)      
ESPP issuances (in shares)         9      
ESPP issuances 103           103  
Amortization of offering costs (in shares)         (13)      
Amortization of offering costs (167)       $ (1)   (166)  
Dividends declared common shares (4,846)         (4,846)    
Dividends declared preferred shares (400)         (400)    
Net income 13,703         13,703    
Other comprehensive income (loss), net of tax (1)             (1)
Ending balance, preferred stock (in shares) at Jun. 30, 2025     20          
Ending balance at Jun. 30, 2025 312,180   $ 19,738   $ 525 69,995 221,914 8
Ending balance (in shares) at Jun. 30, 2025         26,317      
Beginning balance, preferred stock (in shares) at Dec. 31, 2025   50   50        
Beginning balance at Dec. 31, 2025 $ 397,570     $ 48,181 $ 573 94,990 253,830 (4)
Beginning balance (in shares) at Dec. 31, 2025 28,658       28,658      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense, net of forfeitures $ 1,159           1,159  
Dividends declared related to RSA, net of accrued dividends forfeited (in shares)         12      
Dividends declared related to RSA, net of accrued dividends forfeited 0         (145) 145  
Purchase of vested stock for employee payroll tax withholding (in shares)         (41)      
Purchase of vested stock for employee payroll tax withholding (582)       $ (1)   (581)  
Restricted stock awards (in shares)         255      
Restricted stock awards, net of forfeitures (1)       $ 7   (8)  
ESPP issuances (in shares)         15      
ESPP issuances 174           174  
Dividends declared common shares (10,832)         (10,832)    
Dividends declared preferred shares (2,126)         (2,126)    
Net income 28,012         28,012    
Other comprehensive income (loss), net of tax (1)             (1)
Ending balance, preferred stock (in shares) at Jun. 30, 2026   50   50        
Ending balance at Jun. 30, 2026 $ 413,373     $ 48,181 $ 579 109,899 254,719 (5)
Ending balance (in shares) at Jun. 30, 2026 28,899       28,899      
Beginning balance, preferred stock (in shares) at Mar. 31, 2026       50        
Beginning balance at Mar. 31, 2026 $ 404,691     $ 48,181 $ 577 101,838 254,101 (6)
Beginning balance (in shares) at Mar. 31, 2026         28,846      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Stock-based compensation expense, net of forfeitures 602           602  
Dividends declared related to RSA, net of accrued dividends forfeited (in shares)         5      
Dividends declared related to RSA, net of accrued dividends forfeited 0         (68) 68  
Purchase of vested stock for employee payroll tax withholding (in shares)         (11)      
Purchase of vested stock for employee payroll tax withholding (149)           (149)  
Restricted stock awards (in shares)         51      
Restricted stock awards, net of forfeitures 2       $ 2      
ESPP issuances (in shares)         8      
ESPP issuances 97           97  
Dividends declared common shares (5,419)         (5,419)    
Dividends declared preferred shares (1,063)         (1,063)    
Net income 14,611         14,611    
Other comprehensive income (loss), net of tax 1             1
Ending balance, preferred stock (in shares) at Jun. 30, 2026   50   50        
Ending balance at Jun. 30, 2026 $ 413,373     $ 48,181 $ 579 $ 109,899 $ 254,719 $ (5)
Ending balance (in shares) at Jun. 30, 2026 28,899       28,899