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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Total stockholders' equity attributable to parent
Total stockholders' equity attributable to parent
Cumulative Effect, Period of Adoption, Adjustment
Preferred stock
Common stock
Additional paid-in capital
Retained earnings
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated other comprehensive income (loss)
Treasury stock
Noncontrolling interest
Beginning balance (in shares) at Dec. 31, 2020         733              
Beginning balance (in shares) at Dec. 31, 2020           12,374,322            
Beginning balance (in shares) at Dec. 31, 2020                     848,016  
Beginning balance at Dec. 31, 2020 $ 239,483   $ 239,483   $ 7,334 $ 12,374 $ 129,119 $ 105,171   $ 2,226 $ (16,741) $ 0
Increase (Decrease) in Stockholders' Equity                        
Net income 38,696   39,121         39,121       (425)
Other comprehensive (loss) income (5,832)   (5,832)             (5,832)    
Cash dividends paid (6,038)   (6,038)         (6,038)        
Dividends on preferred stock (35)   (35)         (35)        
Stock-based compensation 2,634   2,634       2,634          
Stock-based compensation related to equity method investment 574   574       574          
Common stock options exercised (in shares)           316,682            
Common stock options exercised 4,930   4,930     $ 317 4,613          
Restricted stock units issued (in shares)           77,050            
Restricted stock units issued 0   0     $ 77 (77)          
Minimum tax withholding on restricted stock units issued and stock options (in shares)           (6,579)            
Minimum tax withholding on restricted stock units issued and stock options (249)   (249)     $ (7) (242)          
Noncontrolling interests due to acquisition 900                     900
Common stock issued related to contingent consideration (in shares)           47,966            
Common stock issued related to contingent consideration 2,000   2,000     $ 48 1,952          
Common stock issued related to acquisitions (in shares)           17,597            
Common stock issued related to acquisitions 600   600     $ 18 582          
Common stock issued related to investment (in shares)           107,928            
Common stock issued related to investment 4,474   4,474     $ 108 4,366          
MVB Technology membership units issued 500                     500
Redemption of preferred stock (in shares)         (733)              
Redemption of preferred stock (7,334)   (7,334)   $ (7,334)              
Ending balance (in shares) at Dec. 31, 2021         0              
Ending balance (in shares) at Dec. 31, 2021           12,934,966            
Ending balance (in shares) at Dec. 31, 2021                     848,016  
Ending balance at Dec. 31, 2021 275,303   274,328   $ 0 $ 12,935 143,521 138,219   (3,606) $ (16,741) 975
Increase (Decrease) in Stockholders' Equity                        
Net income 14,387   15,047         15,047       (660)
Other comprehensive (loss) income (34,098)   (34,098)             (34,098)    
Cash dividends paid (8,355)   (8,355)         (8,355)        
Stock-based compensation 2,800   2,800       2,800          
Stock-based compensation related to equity method investment 417   417       417          
Common stock options exercised (in shares)           160,527            
Common stock options exercised 2,069   2,069     $ 161 1,908          
Restricted stock units issued (in shares)           75,354            
Restricted stock units issued 0   0     $ 75 (75)          
Minimum tax withholding on restricted stock units issued and stock options (in shares)           (17,596)            
Minimum tax withholding on restricted stock units issued and stock options (670)   (670)     $ (18) (652)          
Common stock issued related to acquisitions (in shares)           313,030            
Common stock issued related to acquisitions 9,579   9,579     $ 313 9,266          
Redemption of noncontrolling interest $ (41)   (33)       (33)         (8)
Ending balance (in shares) at Dec. 31, 2022         0              
Ending balance (in shares) at Dec. 31, 2022 12,618,265         13,466,281            
Ending balance (in shares) at Dec. 31, 2022 848,016                   848,016  
Ending balance at Dec. 31, 2022 $ 261,391 $ (6,642) 261,084 $ (6,642) $ 0 $ 13,466 157,152 144,911 $ (6,642) (37,704) $ (16,741) 307
Increase (Decrease) in Stockholders' Equity                        
Accounting Standards Update [Extensible Enumeration] Accounting Standards Update 2016-13                      
Net income $ 31,006   31,232         31,232       (226)
Other comprehensive (loss) income 8,873   8,873             8,873    
Cash dividends paid (8,639)   (8,639)         (8,639)        
Stock-based compensation 2,658   2,658       2,658          
Stock-based compensation related to equity method investment $ 734   734       734          
Common stock options exercised (in shares) 107,500         107,500            
Common stock options exercised $ 637   637     $ 108 529          
Restricted stock units issued (in shares)           130,402            
Restricted stock units issued 0   0     $ 130 (130)          
Minimum tax withholding on restricted stock units issued and stock options (in shares)           (97,784)            
Minimum tax withholding on restricted stock units issued and stock options (847)   (847)     $ (98) (749)          
Redemption of noncontrolling interest $ 171   294       294         (123)
Ending balance (in shares) at Dec. 31, 2023         0              
Ending balance (in shares) at Dec. 31, 2023 12,758,383         13,606,399            
Ending balance (in shares) at Dec. 31, 2023 848,016                   848,016  
Ending balance at Dec. 31, 2023 $ 289,342   $ 289,384   $ 0 $ 13,606 $ 160,488 $ 160,862   $ (28,831) $ (16,741) $ (42)