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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid in Capital
Accumulated Other Comprehensive Income/(Loss)
Retained Earnings
Cumulative effect period of adoption adjustment
Retained Earnings
Cumulative effect period of adoption adjustment
Total
Balance at Dec. 31, 2022 $ 204,301 $ 287 $ (11,561)   $ 124,122   $ 317,149
Balance (in shares) at Dec. 31, 2022 12,838,462            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         14,397   14,397
Other comprehensive income, net     (4,859)       (4,859)
Restricted stock granted (in shares) 28,392            
Cash dividends per share         (2,460)   (2,460)
Stock based compensation $ 432           432
Repurchase of shares $ (17,154)           (17,154)
Repurchase of shares (in shares) (966,832)            
Balance at Jun. 30, 2023 $ 187,579 287 (16,420) $ (491) 135,568 $ (491) 307,014
Balance (in shares) at Jun. 30, 2023 11,900,022            
Balance at Mar. 31, 2023 $ 196,485 287 (12,858)   129,558   313,472
Balance (in shares) at Mar. 31, 2023 12,443,977            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         7,206   7,206
Other comprehensive income, net     (3,562)       (3,562)
Cash dividends per share         (1,196)   (1,196)
Stock based compensation $ 182           182
Repurchase of shares $ (9,088)           (9,088)
Repurchase of shares (in shares) (543,955)            
Balance at Jun. 30, 2023 $ 187,579 287 (16,420) $ (491) 135,568 $ (491) 307,014
Balance (in shares) at Jun. 30, 2023 11,900,022            
Balance at Dec. 31, 2023 $ 180,913 287 (14,592)   146,261   $ 312,869
Balance (in shares) at Dec. 31, 2023 11,551,271           11,551,271
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         11,477   $ 11,477
Other comprehensive income, net     990       990
Restricted stock granted (in shares) 24,471            
Restricted stock forfeited (in shares) (505)            
Cash dividends per share         (2,266)   (2,266)
Stock based compensation $ 324           324
Repurchase of shares $ (8,129)           (8,129)
Repurchase of shares (in shares) (402,914)            
Balance at Jun. 30, 2024 $ 173,108 287 (13,602)   155,472   $ 315,265
Balance (in shares) at Jun. 30, 2024 11,172,323           11,172,323
Balance at Mar. 31, 2024 $ 177,075 287 (14,108)   150,981   $ 314,235
Balance (in shares) at Mar. 31, 2024 11,377,117            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         5,600   5,600
Other comprehensive income, net     506       506
Cash dividends per share         (1,109)   (1,109)
Stock based compensation $ 164           164
Repurchase of shares $ (4,131)           (4,131)
Repurchase of shares (in shares) (204,794)            
Balance at Jun. 30, 2024 $ 173,108 $ 287 $ (13,602)   $ 155,472   $ 315,265
Balance (in shares) at Jun. 30, 2024 11,172,323           11,172,323