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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common stock
Preferred stock
Nonvested restricted stock
Additional paid-in capital
Accumulated other comprehensive income (loss)
Retained earnings
Total
Beginning balance, value at Dec. 31, 2023 $ 81 $ (3,596) $ 121,777 $ (11,342) $ 205,547 $ 312,467
Beginning balance shares outstanding at Dec. 31, 2023 8,088,186          
Net income 5,521 5,521
Proceeds from exercise of stock options 167 167
Proceeds from exercise of stock options (in Shares) 11,000            
Issuance of restricted stock, net of forfeitures $ 1 (2,035) 2,034
Issuance of restricted stock, net of forfeitures (in Shares) 55,911            
Compensation expense related to restricted stock, net of tax 921 921
Compensation expense related to stock options, net of tax 196 196
Other comprehensive income (loss) (524) (524)
Ending balance, value at Jun. 30, 2024 $ 82 (4,710) 124,174 (11,866) 211,068 318,748
Ending balance shares outstanding at Jun. 30, 2024 8,155,097          
Beginning balance, value at Mar. 31, 2024 $ 82 (5,257) 124,159 (11,797) 208,069 315,256
Beginning balance shares outstanding at Mar. 31, 2024 8,156,109          
Net income 2,999 2,999
Proceeds from exercise of stock options
Proceeds from exercise of stock options (in Shares)            
Issuance of restricted stock, net of forfeitures 78 (78)
Issuance of restricted stock, net of forfeitures (in Shares) (1,012)            
Compensation expense related to restricted stock, net of tax 469 469
Compensation expense related to stock options, net of tax 93 93
Other comprehensive income (loss) (69) (69)
Ending balance, value at Jun. 30, 2024 $ 82 (4,710) 124,174 (11,866) 211,068 318,748
Ending balance shares outstanding at Jun. 30, 2024 8,155,097          
Beginning balance, value at Dec. 31, 2024 $ 82 (3,884) 124,641 (11,472) 221,077 330,444
Beginning balance shares outstanding at Dec. 31, 2024 8,164,872          
Net income 11,847 11,847
Proceeds from exercise of stock options 516 516
Proceeds from exercise of stock options (in Shares) 25,500            
Other comprehensive income (loss) 1,863 1,863
Restricted shares withheld for taxes (350) (350)
Restricted shares withheld for taxes (in Shares) (9,657)            
Share based compensation expense, net of forfeitures 1,110 32 1,142
Ending balance, value at Jun. 30, 2025 $ 82 (2,774) 124,839 (9,609) 232,924 345,462
Ending balance shares outstanding at Jun. 30, 2025 8,180,715          
Beginning balance, value at Mar. 31, 2025 $ 82 (3,372) 124,561 (10,016) 226,343 337,598
Beginning balance shares outstanding at Mar. 31, 2025 8,168,865          
Net income 6,581 6,581
Proceeds from exercise of stock options 306 306
Proceeds from exercise of stock options (in Shares) 13,000            
Other comprehensive income (loss) 407 407
Restricted shares withheld for taxes (35) (35)
Restricted shares withheld for taxes (in Shares) (1,150)            
Share based compensation expense, net of forfeitures 598 7 605
Ending balance, value at Jun. 30, 2025 $ 82 $ (2,774) $ 124,839 $ (9,609) $ 232,924 $ 345,462
Ending balance shares outstanding at Jun. 30, 2025 8,180,715