v3.26.3
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY – (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Non- Controlling Interest
Accumulated Other Comprehensive (Loss)/Income, net
Beginning balance (in shares) at Dec. 31, 2024   17,720,416        
Beginning balance at Dec. 31, 2024 $ 507,877 $ 259,957 $ 3,645 $ 264,460 $ 72 $ (20,257)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 21,771     21,771    
Stock-based compensation, net 1,450   1,450      
Restricted stock units vested (in shares)   60,430        
Restricted stock units vested (265) $ 1,033 (1,298)      
Cash dividends on common stock (8,502)     (8,502)    
Stock options exercised (in shares)   10,000        
Stock options exercised 171 $ 234 (63)      
Repurchase of common stock (in shares)   (746,949)        
Repurchase of common stock (13,983) $ (10,862)   (3,121)    
Other comprehensive income (loss), net of taxes 5,816         5,816
Ending balance (in shares) at Sep. 30, 2025   17,043,897        
Ending balance at Sep. 30, 2025 514,335 $ 250,362 3,734 274,608 72 (14,441)
Beginning balance (in shares) at Jun. 30, 2025   17,699,091        
Beginning balance at Jun. 30, 2025 517,653 $ 259,863 3,579 270,152 72 (16,013)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 10,148     10,148    
Stock-based compensation, net 270   270      
Restricted stock units vested (in shares)   4,024        
Restricted stock units vested (41) $ 74 (115)      
Cash dividends on common stock (2,783)     (2,783)    
Stock options exercised (in shares)   0        
Stock options exercised 0 $ 0        
Repurchase of common stock (in shares)   (659,218)        
Repurchase of common stock (12,484) $ (9,575)   (2,909)    
Other comprehensive income (loss), net of taxes 1,572         1,572
Ending balance (in shares) at Sep. 30, 2025   17,043,897        
Ending balance at Sep. 30, 2025 $ 514,335 $ 250,362 3,734 274,608 72 (14,441)
Beginning balance (in shares) at Dec. 31, 2025 17,057,397 17,057,397        
Beginning balance at Dec. 31, 2025 $ 523,410 $ 250,694 3,941 282,024 72 (13,321)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 34,077     34,077    
Stock-based compensation, net 1,375   1,375      
Restricted stock units vested (in shares)   56,615        
Restricted stock units vested (466) $ 1,318 (1,784)      
Cash dividends on common stock $ (8,261)     (8,261)    
Stock options exercised (in shares) 62,500 62,500        
Stock options exercised $ 1,145 $ 1,478 (333)      
Repurchase of common stock (in shares)   (349,344)        
Repurchase of common stock (8,962) $ (5,116)   (3,846)    
Other comprehensive income (loss), net of taxes $ (8,075)         (8,075)
Ending balance (in shares) at Sep. 30, 2026 16,827,168 16,827,168        
Ending balance at Sep. 30, 2026 $ 534,243 $ 248,374 3,199 303,994 72 (21,396)
Beginning balance (in shares) at Jun. 30, 2026   16,985,919        
Beginning balance at Jun. 30, 2026 535,177 $ 250,590 3,004 296,119 72 (14,608)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 12,637     12,637    
Stock-based compensation, net 401   401      
Restricted stock units vested (in shares)   4,017        
Restricted stock units vested (61) $ 107 (168)      
Cash dividends on common stock (2,741)     (2,741)    
Stock options exercised (in shares)   6,000        
Stock options exercised 110 $ 148 (38)      
Repurchase of common stock (in shares)   (168,768)        
Repurchase of common stock (4,492) $ (2,471)   (2,021)    
Other comprehensive income (loss), net of taxes $ (6,788)         (6,788)
Ending balance (in shares) at Sep. 30, 2026 16,827,168 16,827,168        
Ending balance at Sep. 30, 2026 $ 534,243 $ 248,374 $ 3,199 $ 303,994 $ 72 $ (21,396)