v3.26.3
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Keystone Bancshares, Inc.
Series A Preferred Stock
Preferred Stock
Series A Preferred Stock
Common Stock
Voting Common Stock
Common Stock
Voting Common Stock
Keystone Bancshares, Inc.
Additional Paid in Capital
Additional Paid in Capital
Keystone Bancshares, Inc.
Retained Earnings
Retained Earnings
Series A Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Balance at Dec. 31, 2024 $ 460,719     $ 69 $ 13,848   $ 321,696   $ 121,697   $ 4,508 $ (1,099)
Net income 48,393               48,393      
Share-based compensation 1,158           1,158          
Stock options exercised 779       75   704          
Restricted stock grants         41   (41)          
Restricted stock forfeited or withheld to satisfy tax obligations (32)       (6)   (26)          
Other comprehensive income (loss), net of tax 6,366                   6,366  
Preferred dividends declared - Series A     $ (3,553)             $ (3,553)    
Balance at Sep. 30, 2025 513,830     69 13,958   323,491   166,537   10,874 (1,099)
Balance at Jun. 30, 2025 496,115     69 13,930   322,972   149,677   10,566 (1,099)
Net income 18,057               18,057      
Share-based compensation 420           420          
Stock options exercised 132       20   112          
Restricted stock grants         9   (9)          
Restricted stock forfeited or withheld to satisfy tax obligations (5)       (1)   (4)          
Other comprehensive income (loss), net of tax 308                   308  
Preferred dividends declared - Series A     (1,197)             (1,197)    
Balance at Sep. 30, 2025 513,830     69 13,958   323,491   166,537   10,874 (1,099)
Balance at Dec. 31, 2025 531,027     69 13,970   323,929   183,238   10,920 (1,099)
Net income 57,359               57,359      
Share-based compensation 1,931           1,931          
Stock options exercised 1,535       111   1,424          
Restricted stock grants         103   (103)          
Restricted stock forfeited or withheld to satisfy tax obligations (166)       (15)   (151)          
Common stock issued upon acquisition   $ 103,862       $ 2,561   $ 101,301        
Stock options issued upon conversion of equity awards acquired from Keystone Bancshares, Inc.   2,286           2,286        
Restricted stock grants issued upon conversion of equity awards   $ 481       $ 12   $ 469        
Other comprehensive income (loss), net of tax (19,831)                   (19,831)  
Preferred dividends declared - Series A     (3,552)             (3,552)    
Balance at Sep. 30, 2026 674,932     69 16,742   431,086   237,045   8,911 (1,099)
Balance at Jun. 30, 2026 670,773     69 16,718   429,931   219,238   5,916 (1,099)
Net income 19,004               19,004      
Share-based compensation 782           782          
Stock options exercised 414       34   380          
Restricted stock grants         1   (1)          
Restricted stock forfeited or withheld to satisfy tax obligations (17)       (11)   (6)          
Other comprehensive income (loss), net of tax (14,827)                   (14,827)  
Preferred dividends declared - Series A     $ (1,197)             $ (1,197)    
Balance at Sep. 30, 2026 $ 674,932     $ 69 $ 16,742   $ 431,086   $ 237,045   $ 8,911 $ (1,099)