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Consolidated Statements of Changes in Stockholders’ Equity - USD ($)
$ in Thousands
Total
Common Stock
[1]
Common Stock
Class A Common Stock
[1]
Common Stock
Class B Common Stock
[1]
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning Balance at Dec. 31, 2023 $ 83,437 $ 46 $ 0 $ 46 $ 38,264 $ 56,692 $ (11,565)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 3,917         3,917  
Other comprehensive income 235           235
Issuance of common stock 12       12    
Ending Balance at Mar. 31, 2024 87,601 46 0 46 38,276 60,609 (11,330)
Beginning Balance at Dec. 31, 2024 144,246 [2] 65 30 35 74,785 77,641 (8,245)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Conversion of Class B to Class A Common Stock 0   1 (1)      
Net income 5,607         5,607  
Other comprehensive income 1,652           1,652
Ending Balance at Mar. 31, 2025 $ 151,505 $ 65 $ 31 $ 34 $ 74,785 $ 83,248 $ (6,593)
[1] Share information presented prior to the Reclassification date of October 3, 2024 gives effect to the Reclassification, and attributes all earnings to Class B shares because no Class A shares were outstanding prior to the Reclassification.
[2] Derived from audited consolidated financial statements.