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Condensed Consolidated Statements of Changes to Stockholder's Equity (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect Period of Adoption Adjustment
Cumulative Effect Period of Adoption Adjusted Balance
Common Stock [Member]
Common Stock [Member]
Cumulative Effect Period of Adoption Adjusted Balance
Treasury Stock [Member]
Treasury Stock [Member]
Cumulative Effect Period of Adoption Adjusted Balance
Retained Earnings [Member]
Retained Earnings [Member]
Cumulative Effect Period of Adoption Adjustment
Retained Earnings [Member]
Cumulative Effect Period of Adoption Adjusted Balance
Accumulated Other Comprehensive (Loss) [Member]
Accumulated Other Comprehensive (Loss) [Member]
Cumulative Effect Period of Adoption Adjusted Balance
Beginning balance at Dec. 31, 2022 $ 298,140   $ 294,769 $ 135,497 $ 135,497 $ (11,573) $ (11,573) $ 212,449   $ 209,078 $ (38,233) $ (38,233)
Beginning balance (ASU 2016-13 [Member]) at Dec. 31, 2022   $ (3,371)             $ (3,371)      
Beginning balance, shares at Dec. 31, 2022       13,608,422 13,608,422              
Net income 6,466             6,466        
Other comprehensive income (loss) 7,047                   7,047  
Issuance of restricted stock (Net of forfeitures)       $ (562)   263   299        
Issuance of restricted stock (Net of forfeitures), Shares       21,700                
Stock-based compensation expense 306     $ 306                
Cash dividends declared (2,831)             (2,831)        
Ending balance at Mar. 31, 2023 305,757     $ 135,241   (11,310)   213,012     (31,186)  
Ending balance, shares at Mar. 31, 2023       13,630,122                
Beginning balance at Dec. 31, 2022 298,140   $ 294,769 $ 135,497 $ 135,497 (11,573) $ (11,573) 212,449   $ 209,078 (38,233) $ (38,233)
Beginning balance (ASU 2016-13 [Member]) at Dec. 31, 2022   $ (3,371)             $ (3,371)      
Beginning balance, shares at Dec. 31, 2022       13,608,422 13,608,422              
Net income 17,244                      
Ending balance at Sep. 30, 2023 303,184     $ 135,171   (11,008)   218,510     (39,489)  
Ending balance, shares at Sep. 30, 2023       13,665,582                
Beginning balance at Mar. 31, 2023 305,757     $ 135,241   (11,310)   213,012     (31,186)  
Beginning balance, shares at Mar. 31, 2023       13,630,122                
Net income 6,001             6,001        
Other comprehensive income (loss) (4,736)                   (4,736)  
Purchase of treasury stock (5)         (5)            
Purchase of treasury stock, shares       (208)                
Issuance of restricted stock (Net of forfeitures)       $ 106   (93)   (13)        
Issuance of restricted stock (Net of forfeitures), Shares       (4,050)                
Stock-based compensation expense 300     $ 300                
Director stock award 180         110   70        
Director stock awards, shares       9,048                
Cash dividends declared (2,834)             (2,834)        
Ending balance at Jun. 30, 2023 304,663     $ 135,647   (11,298)   216,236     (35,922)  
Ending balance, shares at Jun. 30, 2023       13,634,912                
Net income 4,777             4,777        
Other comprehensive income (loss) (3,567)                   (3,567)  
Purchase of treasury stock (194)         (194)            
Purchase of treasury stock, shares       (9,605)                
Issuance of restricted stock (Net of forfeitures)       $ (819)   484   335        
Issuance of restricted stock (Net of forfeitures), Shares       40,275                
Stock-based compensation expense 343     $ 343                
Cash dividends declared (2,838)             (2,838)        
Ending balance at Sep. 30, 2023 303,184     $ 135,171   (11,008)   218,510     (39,489)  
Ending balance, shares at Sep. 30, 2023       13,665,582                
Beginning balance at Dec. 31, 2023 316,543     $ 135,515   (11,040)   221,080     (29,012)  
Beginning balance, shares at Dec. 31, 2023       13,664,641                
Net income 5,359             5,359        
Other comprehensive income (loss) (1,577)                   (1,577)  
Purchase of treasury stock (94)         (94)            
Purchase of treasury stock, shares       (4,490)                
Issuance of restricted stock (Net of forfeitures)       $ (467)   283   184        
Issuance of restricted stock (Net of forfeitures), Shares       23,119                
Stock-based compensation expense 434     $ 434                
Cash dividends declared (2,975)             (2,975)        
Ending balance at Mar. 31, 2024 317,690     $ 135,482   (10,851)   223,648     (30,589)  
Ending balance, shares at Mar. 31, 2024       13,683,270                
Beginning balance at Dec. 31, 2023 316,543     $ 135,515   (11,040)   221,080     (29,012)  
Beginning balance, shares at Dec. 31, 2023       13,664,641                
Net income 17,557                      
Ending balance at Sep. 30, 2024 335,380     $ 135,193   (10,904)   230,465     (19,374)  
Ending balance, shares at Sep. 30, 2024       13,702,593                
Beginning balance at Mar. 31, 2024 317,690     $ 135,482   (10,851)   223,648     (30,589)  
Beginning balance, shares at Mar. 31, 2024       13,683,270                
Net income 5,682             5,682        
Other comprehensive income (loss) 2,000                   2,000  
Purchase of treasury stock (239)         (239)            
Purchase of treasury stock, shares       (11,000)                
Issuance of restricted stock (Net of forfeitures)       $ 27   (26)   (1)        
Issuance of restricted stock (Net of forfeitures), Shares       (1,200)                
Stock-based compensation expense 320     $ 320                
Director stock award 186         110   76        
Director stock awards, shares       8,874                
Cash dividends declared (2,975)             (2,975)        
Ending balance at Jun. 30, 2024 322,664     $ 135,829   (11,006)   226,430     (28,589)  
Ending balance, shares at Jun. 30, 2024       13,679,944                
Net income 6,516             6,516        
Other comprehensive income (loss) 9,215                   9,215  
Purchase of treasury stock (331)         (331)            
Purchase of treasury stock, shares       (12,901)                
Issuance of restricted stock (Net of forfeitures)       $ (950)   433   517        
Issuance of restricted stock (Net of forfeitures), Shares       35,550                
Stock-based compensation expense 314     $ 314                
Cash dividends declared (2,998)             (2,998)        
Ending balance at Sep. 30, 2024 $ 335,380     $ 135,193   $ (10,904)   $ 230,465     $ (19,374)  
Ending balance, shares at Sep. 30, 2024       13,702,593