v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss [Member]
Balance at Dec. 31, 2024 $ 160,302 $ 13,263 $ 106,394 $ 82,507 $ (41,862)
Stock option expense 34   34    
Restricted stock grant expense 214   214    
Vested stock grants   33 (33)    
Cash dividends declared (1,779)     (1,779)  
Net income 4,489     4,489  
Other comprehensive income (loss) 3,521       3,521
Balance at Mar. 31, 2025 166,781 13,296 106,609 85,217 (38,341)
Balance at Dec. 31, 2024 160,302 13,263 106,394 82,507 (41,862)
Net income 8,727        
Balance at Jun. 30, 2025 170,772 13,318 106,834 87,514 (36,894)
Balance at Mar. 31, 2025 166,781 13,296 106,609 85,217 (38,341)
Stock option expense 35   35    
Restricted stock grant expense 212   212    
Vested stock grants   22 (22)    
Cash dividends declared (1,941)     (1,941)  
Net income 4,238     4,238  
Other comprehensive income (loss) 1,447       1,447
Balance at Jun. 30, 2025 170,772 13,318 106,834 87,514 (36,894)
Balance at Dec. 31, 2025 184,161 [1] 13,327 107,337 94,165 (30,668)
Shares surrendered in connection with stock option exercise (672) (42) (630)    
Stock options exercised 672 63 609    
Stock option expense 4   4    
Restricted stock grant expense 298   298    
Vested stock grants   45 (45)    
Cash dividends declared (1,949)     (1,949)  
Net income 5,259     5,259  
Other comprehensive income (loss) (1,276)       (1,276)
Balance at Mar. 31, 2026 186,497 13,393 107,573 97,475 (31,944)
Balance at Dec. 31, 2025 184,161 [1] 13,327 107,337 94,165 (30,668)
Net income 14,268        
Balance at Jun. 30, 2026 194,685 13,416 107,781 104,531 (31,043)
Balance at Mar. 31, 2026 186,497 13,393 107,573 97,475 (31,944)
Shares surrendered in connection with stock option exercise (579) (27) (552)    
Stock options exercised 579 32 547    
Stock option expense 23   23    
Restricted stock grant expense 208   208    
Vested stock grants   18 (18)    
Cash dividends declared (1,952)     (1,952)  
Net income 9,008     9,008  
Other comprehensive income (loss) 901       901
Balance at Jun. 30, 2026 $ 194,685 $ 13,416 $ 107,781 $ 104,531 $ (31,043)
[1] Derived from audited Consolidated Financial Statements