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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 22,839     22,839    
Net unrealized gain (loss) on securities available for sale, net of tax (9,134)         (9,134)
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 6         6
Net unrealized (loss) gain on hedging derivative instruments 866         866
Comprehensive income (loss) 14,577     22,839   (8,262)
Cash dividends declared (11,525)     (11,525)    
Equity compensation expense 607   $ 607      
Payment to repurchase common stock (in shares)     (12,629)      
Payment to repurchase common stock (248)     (248)    
Issuance of restricted stock (in shares)     33,610      
Proceeds from sale of common stock (in shares)     23,123      
Proceeds from sale of common stock $ 608   $ 608      
Ending balance (in shares) at Sep. 30, 2023 11,089,290   11,089,290      
Balance at end of period at Sep. 30, 2023 $ 226,665   $ 69,760 209,132   (52,227)
Beginning balance (in shares) at Jun. 30, 2023     11,081,800      
Balance at beginning of period at Jun. 30, 2023 232,003   $ 69,351 205,539   (42,887)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
     Net income 7,474     7,474    
Net unrealized gain (loss) on securities available for sale, net of tax (10,071)         (10,071)
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 1         1
Net unrealized (loss) gain on hedging derivative instruments 730         730
Comprehensive income (loss) (1,866)     7,474   (9,340)
Cash dividends declared (3,881)     (3,881)    
Equity compensation expense 210   $ 210      
Issuance of restricted stock (in shares)     (250)      
Proceeds from sale of common stock (in shares)     7,740      
Proceeds from sale of common stock $ 199   $ 199      
Ending balance (in shares) at Sep. 30, 2023 11,089,290   11,089,290      
Balance at end of period at Sep. 30, 2023 $ 226,665   $ 69,760 209,132   (52,227)
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 19,763     19,763    
Net unrealized gain (loss) on securities available for sale, net of tax 5,181         5,181
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 7         7
Net unrealized (loss) gain on hedging derivative instruments (436)         (436)
Comprehensive income (loss) 24,515     19,763   4,752
Cash dividends declared (11,917)     (11,917)    
Equity compensation expense 680   $ 680      
Payment to repurchase common stock (in shares)     (9,081)      
Payment to repurchase common stock (212)     (212)    
Issuance of restricted stock (in shares)     32,859      
Proceeds from sale of common stock (in shares)     26,231      
Proceeds from sale of common stock $ 638   $ 638      
Ending balance (in shares) at Sep. 30, 2024 11,148,066   11,148,066      
Balance at end of period at Sep. 30, 2024 $ 256,783   $ 71,500 219,559   (34,276)
Beginning balance (in shares) at Jun. 30, 2024     11,139,639      
Balance at beginning of period at Jun. 30, 2024 244,668   $ 71,053 215,999   (42,384)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
     Net income 7,571     7,571    
Net unrealized gain (loss) on securities available for sale, net of tax 8,975         8,975
Net unrealized gain on securities transferred from available for sale to held to maturity, net of tax 2         2
Net unrealized (loss) gain on hedging derivative instruments (869)         (869)
Comprehensive income (loss) 15,679     7,571   8,108
Cash dividends declared (4,011)     (4,011)    
Equity compensation expense 230   $ 230      
Payment to repurchase common stock (in shares)     (200)      
Proceeds from sale of common stock (in shares)     8,627      
Proceeds from sale of common stock $ 217   $ 217      
Ending balance (in shares) at Sep. 30, 2024 11,148,066   11,148,066      
Balance at end of period at Sep. 30, 2024 $ 256,783   $ 71,500 $ 219,559   $ (34,276)