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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, 2020 $ 167,242 $ 287 $ 2,697   $ 82,365   $ 252,591
Balance (in shares) at Dec. 31, 2020 11,295,397            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         20,691   20,691
Other comprehensive loss, net     (531)       (531)
Restricted stock granted (in shares) 36,415            
Restricted stock forfeited (in shares) (2,692)            
Stock based compensation $ 1,407           1,407
Repurchase of shares $ (11,551)           (11,551)
Repurchase of shares (in shares) (648,734)            
Balance at Dec. 31, 2021 $ 157,098 287 2,166   103,056   262,607
Balance (in shares) at Dec. 31, 2021 10,680,386            
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         23,730   23,730
Other comprehensive loss, net     (13,727)       (13,727)
Restricted stock granted (in shares) 33,091            
Restricted stock forfeited (in shares) (1,854)            
Issuance of common shares to acquire Pacific Enterprise Bancorp $ 64,140           64,140
Issuance of common shares to acquire Pacific Enterprise Bancorp (in shares) 3,032,579            
Cash dividends per share         (2,664)   (2,664)
Stock based compensation $ 1,022           1,022
Repurchase of shares $ (17,959)           (17,959)
Repurchase of shares (in shares) (905,740)            
Balance at Dec. 31, 2022 $ 204,301 287 (11,561)   124,122   $ 317,149
Balance (in shares) at Dec. 31, 2022 12,838,462           12,838,462
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income         27,425   $ 27,425
Other comprehensive loss, net     (3,031)       (3,031)
Restricted stock granted (in shares) 41,849            
Cash dividends per share         (4,795)   (4,795)
Stock based compensation $ 726           726
Repurchase of shares $ (24,114)           (24,114)
Repurchase of shares (in shares) (1,329,040)            
Balance at Dec. 31, 2023 $ 180,913 $ 287 $ (14,592) $ (491) $ 146,261 $ (491) $ 312,869
Balance (in shares) at Dec. 31, 2023 11,551,271           11,551,271