v3.26.1
Consolidated Statements of Changes in Shareholders Equity (Unaudited) - USD ($)
Total
Deferred Compensation Trust
Common Stock
Additional Paid-In Capital
Accumulated other comprehensive loss
Retained Earnings
Balance, shares at Dec. 31, 2024     3,504,051      
Balance, amount at Dec. 31, 2024 $ 85,552,000 $ (586,000) $ 17,383,000 $ 11,463,000 $ (27,377,000) $ 84,669,000
Net income 5,422,000 0 0 0 0 5,422,000
Other comprehensive income 4,706,000 0 0 0 4,706,000 0
Dividends on common stock (1,844,000) 0 $ 0 0 0 (1,844,000)
Common stock issued, shares     10,110      
Common stock issued, amount 202,000 0 $ 50,000 152,000 0 0
Net restricted common stock activity, shares     31,297      
Net restricted common stock activity, amount 0 0 $ 0 0 0 0
Vesting of time based stock awards issued at date of grant, net of shares withheld for payroll taxes (77,000) 0 $ 58,000 (135,000) 0 0
Deferred compensation trust activity, shares     (4,789)      
Deferred compensation trust activity, amount (117,000) (117,000) $ 0 0 0 0
Stock-based compensation expense 194,000 0 $ 0 194,000 0 0
Balance, shares at Jun. 30, 2025     3,540,669      
Balance, amount at Jun. 30, 2025 94,038,000 (703,000) $ 17,491,000 11,674,000 (22,671,000) 88,247,000
Balance, shares at Mar. 31, 2025     3,539,945      
Balance, amount at Mar. 31, 2025 90,666,000 (645,000) $ 17,466,000 11,476,000 (23,840,000) 86,209,000
Net income 2,965,000 0 0 0 0 2,965,000
Other comprehensive income 1,169,000 0 0 0 1,169,000 0
Dividends on common stock (927,000) 0 $ 0 0 0 (927,000)
Common stock issued, shares     5,020      
Common stock issued, amount 101,000 0 $ 25 76,000 0 0
Net restricted common stock activity, shares     (1,902)      
Net restricted common stock activity, amount 0 0 $ 0 0 0 0
Deferred compensation trust activity, shares     (2,394)      
Deferred compensation trust activity, amount (58,000) (58,000) $ 0 0 0 0
Stock-based compensation expense 122,000 0 $ 0 122,000 0 0
Balance, shares at Jun. 30, 2025     3,540,669      
Balance, amount at Jun. 30, 2025 94,038,000 (703,000) $ 17,491,000 11,674,000 (22,671,000) 88,247,000
Balance, shares at Dec. 31, 2025     3,525,884      
Balance, amount at Dec. 31, 2025 103,967,000 (821,000) $ 17,444,000 11,743,000 (16,604,000) 92,205,000
Net income 8,594,000 0 0 0 0 8,594,000
Other comprehensive income 1,268,000 0 0 0 1,268,000 0
Dividends on common stock (1,857,000) 0 $ 0 0 0 (1,857,000)
Common stock issued, shares     6,226      
Common stock issued, amount 205,000 0 $ 31,000 174,000 0 0
Net restricted common stock activity, shares     23,345      
Net restricted common stock activity, amount 0 0 $ 0 0 0 0
Vesting of time based stock awards issued at date of grant, net of shares withheld for payroll taxes (136,000) 0 $ 88,000 (224,000) 0 0
Deferred compensation trust activity, shares     (3,794)      
Deferred compensation trust activity, amount (182,000) (116,000) $ 0 0 0 (66,000)
Stock-based compensation expense 249,000 0 $ 0 249,000   0
Balance, shares at Jun. 30, 2026     3,551,661      
Balance, amount at Jun. 30, 2026 112,108,000 (937,000) $ 17,563,000 11,942,000 (15,336,000) 98,876,000
Balance, shares at Mar. 31, 2026     3,552,002      
Balance, amount at Mar. 31, 2026 105,733,000 (838,000) $ 17,549,000 11,705,000 (17,189,000) 94,506,000
Net income 5,369,000 0 0 0 0 5,369,000
Other comprehensive income 1,853,000 0 0 0 1,853,000 0
Dividends on common stock (932,000) 0 $ 0 0 0 (932,000)
Common stock issued, shares     2,887      
Common stock issued, amount 101,000 0 $ 14,000 87,000 0 0
Deferred compensation trust activity, shares     (3,228)      
Deferred compensation trust activity, amount (166,000) (99,000) $ 0 0 0 (67,000)
Stock-based compensation expense 150,000 0 $ 0 150,000 0 0
Balance, shares at Jun. 30, 2026     3,551,661      
Balance, amount at Jun. 30, 2026 $ 112,108,000 $ (937,000) $ 17,563,000 $ 11,942,000 $ (15,336,000) $ 98,876,000