XML 17 R7.htm IDEA: XBRL DOCUMENT v3.26.1
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, 2024 $ 117 $ 50,336 $ 603,477 $ (54,362)   $ 599,568
Net income     17,160     17,160
Stock issued under Stock Option Plan   740     $ 441 1,181
Common cash dividends declared     (4,626)     (4,626)
Change in fair value of cash flow hedges       2,635   2,635
Change in fair value of held-to-maturity securities       (44)   (44)
Change in fair value of available-for-sale securities       7,633   7,633
Repurchase of the Company's common stock         (10,214) (10,214)
Reclassification of treasury stock per Maryland law (1)   (9,772)   9,773  
Balance at ending of period at Mar. 31, 2025 116 51,076 606,239 (44,138)   613,293
Balance at beginning of period at Dec. 31, 2025 111 54,120 614,095 (32,200)   636,126
Net income     17,476     17,476
Stock issued under Stock Option Plan   2,006     2,573 4,579
Common cash dividends declared     (4,680)     (4,680)
Change in fair value of cash flow hedges       (1,390)   (1,390)
Change in fair value of held-to-maturity securities       (40)   (40)
Change in fair value of available-for-sale securities       (1,519)   (1,519)
Repurchase of the Company's common stock         (16,922) (16,922)
Reclassification of treasury stock per Maryland law (28)   (14,321)   $ 14,349  
Balance at ending of period at Mar. 31, 2026 $ 83 $ 56,126 $ 612,570 $ (35,149)   $ 633,630