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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Adoption of ASU No. 2016-13
Common stock and additional paid-in capital
Retained earnings
Retained earnings
Adoption of ASU No. 2016-13
Accumulated other comprehensive income (loss)
Beginning balance (in shares) at Dec. 31, 2022     11,045,186      
Balance at beginning of period at Dec. 31, 2022 $ 228,923 $ (6,277) $ 68,545 $ 204,343 $ (6,277) $ (43,965)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
     Net income 15,365     15,365    
Net unrealized gain (loss) on securities available for sale, net of tax 937         937
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 5         5
Net unrealized gain on hedging derivative instruments, net of tax 136         136
Comprehensive income (loss) 16,443     15,365   1,078
Cash dividends declared (7,643)     (7,643)    
Equity compensation expense 398   $ 398      
Payment to repurchase common stock (in shares)     (12,379)      
Payment to repurchase common stock (249)     (249)    
Issuance of restricted stock (in shares)     33,610      
Proceeds from sale of common stock (in shares)     15,383      
Proceeds from sale of common stock $ 408   $ 408      
Ending balance (in shares) at Jun. 30, 2023 11,081,800   11,081,800      
Balance at end of period at Jun. 30, 2023 $ 232,003   $ 69,351 205,539   (42,887)
Beginning balance (in shares) at Mar. 31, 2023     11,074,182      
Balance at beginning of period at Mar. 31, 2023 228,461   $ 68,941 202,036   (42,516)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
     Net income 7,394     7,394    
Net unrealized gain (loss) on securities available for sale, net of tax (3,244)         (3,244)
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 1         1
Net unrealized gain on hedging derivative instruments, net of tax 2,872         2,872
Comprehensive income (loss) 7,023     7,394   (371)
Cash dividends declared (3,878)     (3,878)    
Equity compensation expense 213   $ 213      
Payment to repurchase common stock (in shares)     (555)      
Payment to repurchase common stock (13)     (13)    
Proceeds from sale of common stock (in shares)     8,173      
Proceeds from sale of common stock $ 197   $ 197      
Ending balance (in shares) at Jun. 30, 2023 11,081,800   11,081,800      
Balance at end of period at Jun. 30, 2023 $ 232,003   $ 69,351 205,539   (42,887)
Beginning balance (in shares) at Dec. 31, 2023 11,098,057   11,098,057      
Balance at beginning of period at Dec. 31, 2023 $ 243,079   $ 70,182 211,925   (39,028)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
     Net income 12,192     12,192    
Net unrealized gain (loss) on securities available for sale, net of tax (3,794)         (3,794)
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 5         5
Net unrealized gain on hedging derivative instruments, net of tax 433         433
Comprehensive income (loss) 8,836     12,192   (3,356)
Cash dividends declared (7,906)     (7,906)    
Equity compensation expense 450   $ 450      
Payment to repurchase common stock (in shares)     (8,881)      
Payment to repurchase common stock (212)     (212)    
Issuance of restricted stock (in shares)     32,859      
Proceeds from sale of common stock (in shares)     17,604      
Proceeds from sale of common stock $ 421   $ 421      
Ending balance (in shares) at Jun. 30, 2024 11,139,639   11,139,639      
Balance at end of period at Jun. 30, 2024 $ 244,668   $ 71,053 215,999   (42,384)
Beginning balance (in shares) at Mar. 31, 2024     11,130,933      
Balance at beginning of period at Mar. 31, 2024 242,624   $ 70,617 213,839   (41,832)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
     Net income 6,171     6,171    
Net unrealized gain (loss) on securities available for sale, net of tax (553)         (553)
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 3         3
Net unrealized gain on hedging derivative instruments, net of tax (2)         (2)
Comprehensive income (loss) 5,619     6,171   (552)
Cash dividends declared (4,011)     (4,011)    
Equity compensation expense 218   $ 218      
Payment to repurchase common stock (in shares)     (850)      
Proceeds from sale of common stock (in shares)     9,556      
Proceeds from sale of common stock $ 218   $ 218      
Ending balance (in shares) at Jun. 30, 2024 11,139,639   11,139,639      
Balance at end of period at Jun. 30, 2024 $ 244,668   $ 71,053 $ 215,999   $ (42,384)