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CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Stock
Common Stock
Additional Paid-In Capital
Cumulative Effect, Period of Adoption, Adjustment
Additional Paid-In Capital
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Total
Balance at Dec. 31, 2021 $ 30 $ 60   $ 85,414   $ 343,459 $ 1,517   $ 430,480
Increase (decrease) in shareholders' equity                  
Net Income Attributable to the Company           6,237     6,237
Three-for-One Stock Split   122   (122)          
Stock Repurchase   (1)   (2,791)         (2,792)
Vested Restricted Stock and Performance Shares       (845)         (845)
Exercise of Stock Options and Stock Issuance to Directors       248         248
Stock Issuance, Net of Equity Issuance Costs   7   20,560         20,567
Stock-Based Compensation Expense       1,989         1,989
Preferred Stock Dividends Declared for the Period           (3,586)     (3,586)
Common Stock Dividends Declared for the Period           (20,815)     (20,815)
Other Comprehensive Income             15,933   15,933
Balance at Sep. 30, 2022 30 188 $ (7,034) 97,419 $ 4,022 329,317 17,450 $ (3,012) 444,404
Balance at Dec. 31, 2021 30 60   85,414   343,459 1,517   430,480
Balance at Dec. 31, 2022 30 229   172,471   316,279 15,761   504,770
Balance at Jun. 30, 2022 30 61   86,347   332,916 12,140   431,494
Increase (decrease) in shareholders' equity                  
Net Income Attributable to the Company           4,817     4,817
Three-for-One Stock Split   122   (122)          
Stock Repurchase   (1)   (1,644)         (1,645)
Exercise of Stock Options and Stock Issuance to Directors       11         11
Stock Issuance, Net of Equity Issuance Costs   6   12,082         12,088
Stock-Based Compensation Expense       745         745
Preferred Stock Dividends Declared for the Period           (1,195)     (1,195)
Common Stock Dividends Declared for the Period           (7,221)     (7,221)
Other Comprehensive Income             5,310   5,310
Balance at Sep. 30, 2022 30 188 $ (7,034) 97,419 $ 4,022 329,317 17,450 $ (3,012) 444,404
Balance at Dec. 31, 2022 30 229   172,471   316,279 15,761   504,770
Increase (decrease) in shareholders' equity                  
Net Income Attributable to the Company           (1,507)     (1,507)
Stock Repurchase   (3)   (5,169)         (5,172)
Vested Restricted Stock and Performance Shares   1   (1,029)         (1,028)
Exercise of Stock Options and Stock Issuance to Directors       308         308
Payment of Equity Issuance Costs       (130)         (130)
Stock-Based Compensation Expense       2,424         2,424
Preferred Stock Dividends Declared for the Period           (3,585)     (3,585)
Common Stock Dividends Declared for the Period           (26,398)     (26,398)
Other Comprehensive Income             8,389   8,389
Balance at Sep. 30, 2023 30 227   168,875   284,789 24,150   478,071
Balance at Jun. 30, 2023 30 227   168,103   291,958 18,249   478,567
Increase (decrease) in shareholders' equity                  
Net Income Attributable to the Company           2,686     2,686
Stock Repurchase       (87)         (87)
Exercise of Stock Options and Stock Issuance to Directors       67         67
Payment of Equity Issuance Costs       (8)         (8)
Stock-Based Compensation Expense       800         800
Preferred Stock Dividends Declared for the Period           (1,195)     (1,195)
Common Stock Dividends Declared for the Period           (8,660)     (8,660)
Other Comprehensive Income             5,901   5,901
Balance at Sep. 30, 2023 $ 30 $ 227   $ 168,875   $ 284,789 $ 24,150   $ 478,071