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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Total
Balance at beginning of period at Dec. 31, 2023 $ 118 $ 44,320 $ 569,872 $ (42,481)   $ 571,829
Net income     46,885     46,885
Stock issued under Stock Option Plan   3,594     $ 3,342 6,936
Common cash dividends declared     (13,986)     (13,986)
Change in fair value of cash flow hedges       1,889   1,889
Change in fair value of held-to-maturity securities       (105)   (105)
Change in fair value of available-for-sale securities       11,334   11,334
Repurchase of the Company's common stock         (12,469) (12,469)
Reclassification of treasury stock per Maryland law (1)   (9,126)   9,127  
Balance at ending of period (Accounting Standards Update 2023-02) at Sep. 30, 2024     (223)     (223)
Balance at ending of period at Sep. 30, 2024 117 47,914 593,422 (29,363)   612,090
Balance at beginning of period at Jun. 30, 2024 116 45,321 578,800 (55,445)   568,792
Net income     16,490     16,490
Stock issued under Stock Option Plan   2,593     2,914 5,507
Common cash dividends declared     (4,673)     (4,673)
Change in fair value of cash flow hedges       7,991   7,991
Change in fair value of held-to-maturity securities       (33)   (33)
Change in fair value of available-for-sale securities       18,124   18,124
Repurchase of the Company's common stock         (108) (108)
Reclassification of treasury stock per Maryland law 1   2,805   (2,806)  
Balance at ending of period (Accounting Standards Update 2023-02) at Sep. 30, 2024     (223)     (223)
Balance at ending of period at Sep. 30, 2024 117 47,914 593,422 (29,363)   612,090
Balance at beginning of period at Dec. 31, 2024 117 50,336 603,477 (54,362)   599,568
Net income     54,698     54,698
Stock issued under Stock Option Plan   2,519     1,740 4,259
Common cash dividends declared     (14,033)     (14,033)
Change in fair value of cash flow hedges       3,135   3,135
Change in fair value of held-to-maturity securities       (143)   (143)
Change in fair value of available-for-sale securities       15,491   15,491
Repurchase of the Company's common stock         (30,049) (30,049)
Reclassification of treasury stock per Maryland law (4)   (28,305)   28,309  
Balance at ending of period at Sep. 30, 2025 113 52,855 615,837 (35,879)   632,926
Balance at beginning of period at Jun. 30, 2025 114 51,646 611,921 (41,313)   622,368
Net income     17,752     17,752
Stock issued under Stock Option Plan   1,209     1,065 2,274
Common cash dividends declared     (4,848)     (4,848)
Change in fair value of cash flow hedges       (610)   (610)
Change in fair value of held-to-maturity securities       (45)   (45)
Change in fair value of available-for-sale securities       6,089   6,089
Repurchase of the Company's common stock         (10,054) (10,054)
Reclassification of treasury stock per Maryland law (1)   (8,988)   $ 8,989  
Balance at ending of period at Sep. 30, 2025 $ 113 $ 52,855 $ 615,837 $ (35,879)   $ 632,926