v3.26.3
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common stock
Preferred Stock
Additional paid-in capital
Retained earnings
Accumulated Other Comprehensive Loss
Treasury Stock, Common
Beginning balance at Dec. 31, 2024 $ 328,589 $ 95 $ 11,992 $ 93,545 $ 265,778 $ (11,425) $ (31,396)
Common shares outstanding at Dec. 31, 2024   8,293,928          
Net income 11,171       11,171    
Other comprehensive income (loss) (946)         (946)  
Share-based compensation - restricted shares and employee stock purchase plan 651 $ 1   650      
Share-based compensation restricted shares and employee stock purchase plan, shares   21,914          
Issuance of common stock under the employee stock purchase plan 36     36      
Issuance of common stock under the employee stock purchase plan, shares   841          
Preferred stock dividends (219)       (219)    
Cash dividends (2,442)       (2,442)    
Treasury stock purchased (777)           (777)
Treasury stock purchased, shares   (14,716)          
Ending balance at Mar. 31, 2025 336,063 $ 96 11,992 94,231 274,288 (12,371) (32,173)
Common shares outstanding at Mar. 31, 2025   8,301,967          
Beginning balance at Dec. 31, 2024 328,589 $ 95 11,992 93,545 265,778 (11,425) (31,396)
Common shares outstanding at Dec. 31, 2024   8,293,928          
Net income $ 36,986            
Issuance of common stock under the employee stock purchase plan, shares 2,428            
Preferred stock dividends $ (656)            
Ending balance at Sep. 30, 2025 358,319 $ 96 11,992 95,814 294,837 (11,650) (32,770)
Common shares outstanding at Sep. 30, 2025   8,324,387          
Beginning balance at Mar. 31, 2025 336,063 $ 96 11,992 94,231 274,288 (12,371) (32,173)
Common shares outstanding at Mar. 31, 2025   8,301,967          
Net income 11,422       11,422    
Other comprehensive income (loss) (433)         (433)  
Share-based compensation - restricted shares and employee stock purchase plan 926     926      
Share-based compensation restricted shares and employee stock purchase plan, shares   33,654          
Issuance of common stock under the employee stock purchase plan 36     36      
Issuance of common stock under the employee stock purchase plan, shares   791          
Preferred stock dividends (219)       (219)    
Cash dividends (2,414)       (2,414)    
Treasury stock purchased (586)           (586)
Treasury stock purchased, shares   (12,942)          
Ending balance at Jun. 30, 2025 344,795 $ 96 11,992 95,193 283,077 (12,804) (32,759)
Common shares outstanding at Jun. 30, 2025   8,323,470          
Net income 14,393       14,393    
Other comprehensive income (loss) 1,154         1,154  
Share-based compensation - restricted shares and employee stock purchase plan 585     585      
Share-based compensation restricted shares and employee stock purchase plan, shares   348          
Issuance of common stock under the employee stock purchase plan 36     36      
Issuance of common stock under the employee stock purchase plan, shares   796          
Preferred stock dividends (218)       (218)    
Cash dividends (2,415)       (2,415)    
Treasury stock purchased (11)           (11)
Treasury stock purchased, shares   (227)          
Ending balance at Sep. 30, 2025 358,319 $ 96 11,992 95,814 294,837 (11,650) (32,770)
Common shares outstanding at Sep. 30, 2025   8,324,387          
Beginning balance at Dec. 31, 2025 $ 371,585 $ 96 11,992 96,487 305,536 (9,740) (32,786)
Common shares outstanding at Dec. 31, 2025 8,325,376 8,325,376          
Net income $ 12,200       12,200    
Other comprehensive income (loss) (456)         (456)  
Share-based compensation - restricted shares and employee stock purchase plan 647     647      
Share-based compensation restricted shares and employee stock purchase plan, shares   31,357          
Issuance of common stock under the employee stock purchase plan 33     33      
Issuance of common stock under the employee stock purchase plan, shares   692          
Preferred stock dividends (219)       (219)    
Cash dividends (2,899)       (2,899)    
Treasury stock purchased (811)           (811)
Treasury stock purchased, shares   (13,906)          
Ending balance at Mar. 31, 2026 380,080 $ 96 11,992 97,167 314,618 (10,196) (33,597)
Common shares outstanding at Mar. 31, 2026   8,343,519          
Beginning balance at Dec. 31, 2025 $ 371,585 $ 96 11,992 96,487 305,536 (9,740) (32,786)
Common shares outstanding at Dec. 31, 2025 8,325,376 8,325,376          
Net income $ 44,352            
Issuance of common stock under the employee stock purchase plan, shares 1,842            
Preferred stock dividends $ (656)            
Ending balance at Sep. 30, 2026 $ 404,604 $ 97 11,992 98,853 340,536 (11,550) (35,324)
Common shares outstanding at Sep. 30, 2026 8,357,781 8,357,781          
Beginning balance at Mar. 31, 2026 $ 380,080 $ 96 11,992 97,167 314,618 (10,196) (33,597)
Common shares outstanding at Mar. 31, 2026   8,343,519          
Net income 15,580       15,580    
Other comprehensive income (loss) 2,750         2,750  
Share-based compensation - restricted shares and employee stock purchase plan 912 $ 1   911      
Share-based compensation restricted shares and employee stock purchase plan, shares   39,253          
Issuance of common stock under the employee stock purchase plan 33     33      
Issuance of common stock under the employee stock purchase plan, shares   577          
Preferred stock dividends (219)       (219)    
Cash dividends (2,951)       (2,951)    
Treasury stock purchased (878)           (878)
Treasury stock purchased, shares   (15,029)          
Ending balance at Jun. 30, 2026 395,307 $ 97 11,992 98,111 327,028 (7,446) (34,475)
Common shares outstanding at Jun. 30, 2026   8,368,320          
Net income 16,572       16,572    
Other comprehensive income (loss) (4,104)         (4,104)  
Share-based compensation - restricted shares and employee stock purchase plan 707     707      
Share-based compensation restricted shares and employee stock purchase plan, shares   1,091          
Issuance of common stock under the employee stock purchase plan 35     35      
Issuance of common stock under the employee stock purchase plan, shares   573          
Preferred stock dividends (218)       (218)    
Cash dividends (2,846)       (2,846)    
Treasury stock purchased (849)           (849)
Treasury stock purchased, shares   (12,203)          
Ending balance at Sep. 30, 2026 $ 404,604 $ 97 $ 11,992 $ 98,853 $ 340,536 $ (11,550) $ (35,324)
Common shares outstanding at Sep. 30, 2026 8,357,781 8,357,781