XML 15 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock Outstanding [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2021 0 16,878,220        
Balance at Dec. 31, 2021 $ 0 $ 16,878 $ 147,619 $ 264,824 $ (1,546) $ 427,775
Net income 0 0 0 9,515 0 9,515
Other comprehensive loss 0 0 0 0 (4,966) (4,966)
Common dividends declared $ 0 $ 0 0 (4,541) 0 (4,541)
Equity-based compensation expense (in shares) 0 25,137        
Equity-based compensation expense $ 0 $ 25 147 0 0 $ 172
Common stock options exercised, shares (in shares) 0 4,536       4,536
Common stock options exercised $ 0 $ 5 98 0 0 $ 103
Issuance of stock to 401(k) plan, shares (in shares) 0 6,082       6,082
Issuance of stock to 401(k) plan $ 0 $ 6 179 0 0 $ 185
Repurchase of common shares (in shares) 0 (132,000)       (132,000)
Repurchase of common shares $ 0 $ (132) (3,955) 0 0 $ (4,087)
Balance (in shares) at Mar. 31, 2022 0 16,781,975        
Balance at Mar. 31, 2022 $ 0 $ 16,782 144,088 269,798 (6,512) 424,156
Balance (in shares) at Dec. 31, 2022 0 16,225,399        
Balance at Dec. 31, 2022 $ 0 $ 16,225 128,508 292,971 (15,719) 421,985 [1]
Net income 0 0 0 11,782 0 11,782
Other comprehensive loss 0 0 0 0 2,494 2,494
Common dividends declared $ 0 $ 0 0 (4,706) 0 (4,706)
Equity-based compensation expense (in shares) 0 15,732        
Equity-based compensation expense $ 0 $ 16 104 0 0 $ 120
Common stock options exercised, shares (in shares) 0 2,158       2,158
Common stock options exercised $ 0 $ 2 46 0 0 $ 48
Issuance of stock to 401(k) plan, shares (in shares) 0 262       262
Issuance of stock to 401(k) plan $ 0 $ 0 8 0 0 $ 8
Balance (in shares) at Mar. 31, 2023 0 16,243,551        
Balance at Mar. 31, 2023 $ 0 $ 16,243 $ 128,666 $ 300,047 $ (13,225) $ 431,731
[1] Derived from audited financial statements