v3.26.3
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2024 5,903,368      
Balance at Dec. 31, 2024 $ 29,043 $ 174,002 $ (25,145) $ 177,900
Net income   18,646   18,646
Other comprehensive income     8,654 8,654
Cash dividends on common stock   (5,633)   (5,633)
Issuance of Common Stock (in shares) 1,003,718      
Issuance of Common Stock $ 44,625 0 0 44,625
Vesting of stock options assumed in merger $ 552 0 0 552
Vesting of restricted stock units (in shares) 3,033      
Exercise of stock options (in shares) 41,945      
Exercise of stock options $ 936 0 0 936
Stock-based compensation expense $ 270     270
Other comprehensive loss     8,654 8,654
Balance (in shares) at Sep. 30, 2025 6,952,064      
Balance at Sep. 30, 2025 $ 75,426 187,015 (16,491) 245,950
Balance (in shares) at Dec. 31, 2024 5,903,368      
Balance at Dec. 31, 2024 $ 29,043 174,002 (25,145) 177,900
Balance (in shares) at Dec. 31, 2025 6,958,814      
Balance at Dec. 31, 2025 $ 75,668 195,899 (10,491) 261,076
Balance (in shares) at Jun. 30, 2025 5,933,706      
Balance at Jun. 30, 2025 $ 29,803 183,954 (20,678) 193,079
Net income   5,146   5,146
Other comprehensive income     4,187 4,187
Cash dividends on common stock   (2,085)   (2,085)
Issuance of Common Stock (in shares) 1,003,718      
Issuance of Common Stock $ 44,625 44,625
Vesting of stock options assumed in merger $ 552 552
Exercise of stock options (in shares) 14,640      
Exercise of stock options $ 353 0 0 353
Stock-based compensation expense $ 93     93
Other comprehensive loss     4,187 4,187
Balance (in shares) at Sep. 30, 2025 6,952,064      
Balance at Sep. 30, 2025 $ 75,426 187,015 (16,491) 245,950
Balance (in shares) at Dec. 31, 2025 6,958,814      
Balance at Dec. 31, 2025 $ 75,668 195,899 (10,491) 261,076
Net income   31,108   31,108
Other comprehensive income $ 0 0 (20,765) (20,765)
Cash dividends on common stock   (6,904)   (6,904)
Exercise of stock options (in shares) 64,282      
Exercise of stock options $ 1,569 0 0 1,569
Stock-based compensation expense $ 578     578
Repurchase of Common Stock (in shares) (79,589)      
Repurchase of Common Stock $ (4,211) 0 0 (4,211)
Other comprehensive loss $ 0 0 (20,765) (20,765)
Balance (in shares) at Sep. 30, 2026 6,943,507      
Balance at Sep. 30, 2026 $ 73,604 220,103 (31,256) 262,451
Balance (in shares) at Jun. 30, 2026 6,963,616      
Balance at Jun. 30, 2026 $ 74,702 211,013 (13,582) 272,133
Net income   11,386   11,386
Other comprehensive income $ 0 0 (17,674) (17,674)
Cash dividends on common stock   (2,296)   (2,296)
Exercise of stock options (in shares) 3,480      
Exercise of stock options $ 81 0 0 81
Stock-based compensation expense $ 249     249
Repurchase of Common Stock (in shares) (23,589)      
Repurchase of Common Stock $ (1,428) 0 0 (1,428)
Other comprehensive loss $ 0 0 (17,674) (17,674)
Balance (in shares) at Sep. 30, 2026 6,943,507      
Balance at Sep. 30, 2026 $ 73,604 $ 220,103 $ (31,256) $ 262,451