XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2023 5,871,523      
Balance at Dec. 31, 2023 $ 28,033 $ 151,748 $ (32,464) $ 147,317
Net income   20,870   20,870
Other comprehensive income     17,747 17,747
Cash dividends on common stock   (4,772)   (4,772)
Exercise of stock options (in shares) 25,010      
Exercise of stock options $ 367 0 0 367
Stock-based compensation expense $ 413     413
Balance (in shares) at Sep. 30, 2024 5,896,533      
Balance at Sep. 30, 2024 $ 28,813 167,846 (14,717) 181,942
Balance (in shares) at Dec. 31, 2023 5,871,523      
Balance at Dec. 31, 2023 $ 28,033 151,748 (32,464) 147,317
Balance (in shares) at Dec. 31, 2024 5,903,368      
Balance at Dec. 31, 2024 $ 29,043 174,002 (25,145) 177,900
Balance (in shares) at Jun. 30, 2024 5,895,900      
Balance at Jun. 30, 2024 $ 28,656 161,608 (25,109) 165,155
Net income   7,830   7,830
Other comprehensive income     10,392 10,392
Cash dividends on common stock   (1,592)   (1,592)
Exercise of stock options (in shares) 633      
Exercise of stock options $ 0 0 0 0
Stock-based compensation expense $ 157     157
Balance (in shares) at Sep. 30, 2024 5,896,533      
Balance at Sep. 30, 2024 $ 28,813 167,846 (14,717) 181,942
Balance (in shares) at Dec. 31, 2024 5,903,368      
Balance at Dec. 31, 2024 $ 29,043 174,002 (25,145) 177,900
Net income   18,646   18,646
Other comprehensive income $ 0 0 8,654 8,654
Cash dividends on common stock   (5,633)   (5,633)
Exercise of stock options (in shares) 41,945      
Exercise of stock options $ 936 0 0 936
Stock-based compensation expense $ 270     270
Issuance of Common Stock (in shares) 1,003,718      
Issuance of Common Stock $ 44,625 0 0 44,625
Vesting of stock options assumed in merger $ 552 0 0 552
Vesting of restricted stock units (in shares) 3,033      
Balance (in shares) at Sep. 30, 2025 6,952,064      
Balance at Sep. 30, 2025 $ 75,426 187,015 (16,491) 245,950
Balance (in shares) at Jun. 30, 2025 5,933,706      
Balance at Jun. 30, 2025 $ 29,803 183,954 (20,678) 193,079
Net income   5,146   5,146
Other comprehensive income $ 0 0 4,187 4,187
Cash dividends on common stock   (2,085)   (2,085)
Exercise of stock options (in shares) 14,640      
Exercise of stock options $ 353 0 0 353
Stock-based compensation expense $ 93     93
Issuance of Common Stock (in shares) 1,003,718      
Issuance of Common Stock $ 44,625 0 0 44,625
Vesting of stock options assumed in merger $ 552 0 0 552
Balance (in shares) at Sep. 30, 2025 6,952,064      
Balance at Sep. 30, 2025 $ 75,426 $ 187,015 $ (16,491) $ 245,950