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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock [Member]
Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Beginning balance at Dec. 31, 2021 $ 216,578 $ 34,100 $ 80,220 $ (10,032) $ 111,451 $ 839
Net income 12,348       12,348  
Other comprehensive loss (7,366)         (7,366)
Stock options exercised 524 185 339      
Dividends declared (3,267)       (3,267)  
Purchase of treasury stock (7,800)     (7,800)    
Dividend reinvestment plan   9 36   (45)  
Stock-based compensation expense 123   123      
Restricted stock 209 44 165      
Ending balance at Jun. 30, 2022 211,349 34,338 80,883 (17,832) 120,487 (6,527)
Beginning balance at Mar. 31, 2022 213,240 34,181 80,576 (13,647) 115,813 (3,683)
Net income 6,327       6,327  
Other comprehensive loss (2,844)         (2,844)
Stock options exercised 419 153 266      
Dividends declared (1,599)       (1,599)  
Purchase of treasury stock (4,185)     (4,185)    
Dividend reinvestment plan 24 4 26   (54)  
Stock-based compensation expense 15   15      
Ending balance at Jun. 30, 2022 211,349 34,338 80,883 (17,832) 120,487 (6,527)
Beginning balance at Dec. 31, 2022 219,601 34,547 81,291 (19,452) 131,488 (8,273)
Net income 12,885       12,885  
Other comprehensive loss (241)         (241)
Stock options exercised 272 0 272      
Dividends declared (3,719)       (3,719)  
Dividend reinvestment plan   0 60   (60)  
Stock-based compensation expense 385   385      
Adoption of CECL (284)       (284)  
Formation of Princeton Bancorp, Inc.   (34,547) 15,095 19,452    
Ending balance at Jun. 30, 2023 228,899 0 97,103 0 140,310 (8,514)
Beginning balance at Mar. 31, 2023 225,273 0 96,880 0 135,425 (7,032)
Net income 6,788       6,788  
Other comprehensive loss (1,482)         (1,482)
Dividends declared (1,876)       (1,876)  
Dividend reinvestment plan 0 0 27   (27)  
Stock-based compensation expense 196   196      
Ending balance at Jun. 30, 2023 $ 228,899 $ 0 $ 97,103 $ 0 $ 140,310 $ (8,514)