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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Restricted Stock Units (RSUs) [Member]
Common Stock [Member]
Restricted Stock Units (RSUs) [Member]
Additional Paid-in Capital [Member]
Restricted Stock Units (RSUs) [Member]
Retained Earnings [Member]
Restricted Stock Units (RSUs) [Member]
Noncontrolling Interest [Member]
Restricted Stock Units (RSUs) [Member]
AOCI Attributable to Parent [Member]
Restricted Stock Units (RSUs) [Member]
Restricted Stock [Member]
Common Stock [Member]
Restricted Stock [Member]
Additional Paid-in Capital [Member]
Restricted Stock [Member]
Retained Earnings [Member]
Restricted Stock [Member]
Noncontrolling Interest [Member]
Restricted Stock [Member]
AOCI Attributable to Parent [Member]
Restricted Stock [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Additional Paid-in Capital [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Noncontrolling Interest [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
AOCI Attributable to Parent [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
AOCI Attributable to Parent [Member]
Total
Balance (in shares) at Dec. 31, 2021                                     19,455,544          
Balance (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2021 [1]                         $ 0 $ 0 $ (2,204) $ 0 $ 0 $ (2,204)            
Balance at Dec. 31, 2021                                     $ 282,335 $ 4,603 $ 181,329 $ 72 $ (1,656) $ 466,683
Net income                                     0 0 46,746 0 0 46,746
Stock-based compensation                                     0 680 0 0 0 680
Cash dividends on common stock                                     0 0 (8,074) 0 0 (8,074)
Other comprehensive gain/(loss), net of taxes                                     $ 0 0 0 0 (20,865) $ (20,865)
Restricted stock unit vested (in shares) 7,450           0                                  
Restricted stock unit vested $ 202 $ (202) $ 0 $ 0 $ 0 $ 0 $ 355 $ (355) $ 0 $ 0 $ 0 $ 0                        
Stock options exercised (in shares)                                     442,308         442,308
Stock options exercised                                     $ 6,969 (1,533) 0 0 0 $ 5,436
Repurchase of common stock (in shares)                                     (853,630)          
Repurchase of common stock                                     $ (12,280) 0 (6,527)     (18,807)
Restricted stock cancelled (in shares)                                     (40,000)          
Restricted stock cancelled                                     $ 0 0 0 0 0 0
Balance (in shares) at Sep. 30, 2022                                     19,011,672          
Balance at Sep. 30, 2022                                     $ 277,581 3,193 211,270 72 (22,521) 469,595
Balance (in shares) at Jun. 30, 2022                                     18,881,829          
Balance at Jun. 30, 2022                                     $ 275,096 4,193 197,889 72 (15,747) 461,503
Net income                                     0 0 16,652 0 0 16,652
Stock-based compensation                                     0 274 0 0 0 274
Cash dividends on common stock                                     0 0 (2,663) 0 0 (2,663)
Other comprehensive gain/(loss), net of taxes                                     $ 0 0 0 0 (6,774) $ (6,774)
Restricted stock unit vested (in shares) 6,450                                              
Restricted stock unit vested $ 175 (175) 0 0 0 0                                    
Stock options exercised (in shares)                                     217,932         217,932
Stock options exercised                                     $ 3,680 (1,099) 0 0 0 $ 2,581
Repurchase of common stock (in shares)                                     (94,539)          
Repurchase of common stock                                     $ (1,370) 0 (608)     (1,978)
Balance (in shares) at Sep. 30, 2022                                     19,011,672          
Balance at Sep. 30, 2022                                     $ 277,581 3,193 211,270 72 (22,521) $ 469,595
Balance (in shares) at Dec. 31, 2022                                     18,965,776         18,965,776
Balance at Dec. 31, 2022                                     $ 276,912 3,361 225,883 72 (21,665) $ 484,563
Net income                                     0 0 30,392 0 0 30,392
Stock-based compensation                                     0 609 0 0 0 609
Cash dividends on common stock                                     0 0 (9,116) 0 0 (9,116)
Other comprehensive gain/(loss), net of taxes                                     $ 0 0 0 0 (4,096) $ (4,096)
Restricted stock unit vested (in shares) 20,374                                              
Restricted stock unit vested $ 391 $ (391) $ 0 $ 0 $ 0 $ 0                                    
Stock options exercised (in shares)                                     9,153         9,153
Stock options exercised                                     $ 159 0 0 0 0 $ 159
Balance (in shares) at Sep. 30, 2023                                     18,995,303         18,995,303
Balance at Sep. 30, 2023                                     $ 277,462 3,579 247,159 72 (25,761) $ 502,511
Balance (in shares) at Jun. 30, 2023                                     18,995,303          
Balance at Jun. 30, 2023                                     $ 277,462 3,436 241,725 72 (22,405) 500,290
Net income                                     0 0 8,473 0 0 8,473
Stock-based compensation                                     0 143 0 0 0 143
Cash dividends on common stock                                     0 0 (3,039) 0 0 (3,039)
Other comprehensive gain/(loss), net of taxes                                     $ 0 0 0 0 (3,356) $ (3,356)
Stock options exercised (in shares)                                               0
Balance (in shares) at Sep. 30, 2023                                     18,995,303         18,995,303
Balance at Sep. 30, 2023                                     $ 277,462 $ 3,579 $ 247,159 $ 72 $ (25,761) $ 502,511
[1] Represents the impact of the adoption of Accounting Standards Update ASU 2016-13, Financial Instruments – Credit Losses (Topic 326) on January 1, 2022.