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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, 2022 0 16,225,399        
Balance at Dec. 31, 2022 $ 0 $ 16,225 $ 128,508 $ 292,971 $ (15,719) $ 421,985
Net income 0 0 0 11,782 0 11,782
Other comprehensive income 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 (in shares) 0 2,158        
Common stock options exercised $ 0 $ 2 46 0 0 48
Issuance of common stock to 401(k) plan (in shares) 0 262        
Issuance of common 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
Balance (in shares) at Dec. 31, 2023 0 18,502,396        
Balance at Dec. 31, 2023 $ 0 $ 18,502 175,841 319,902 (10,951) 503,294 [1]
Net income 0 0 0 12,845 0 12,845
Other comprehensive income 0 0 0 0 (948) (948)
Common dividends declared $ 0 $ 0 0 (5,358) 0 (5,358)
Equity-based compensation expense (in shares) 0 0        
Equity-based compensation expense $ 0 $ 0 81 0 0 81
Issuance of common stock to 401(k) plan (in shares) 0 88        
Issuance of common stock to 401(k) plan $ 0 $ 0 3 0 0 3
Repurchase of common shares (in shares) 0 (89,396)        
Repurchase of common shares $ 0 $ (89) (2,884) 0 0 (2,973)
Balance (in shares) at Mar. 31, 2024 0 18,413,088        
Balance at Mar. 31, 2024 $ 0 $ 18,413 $ 173,041 $ 327,389 $ (11,899) $ 506,944
[1] Derived from audited financial statements