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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2024   19,796,519          
Beginning balance at Dec. 31, 2024 $ 655,018 $ 19,797   $ 480,491 $ 181,597 $ (16,825) $ (10,042)
Net income 13,742       13,742    
Total other comprehensive income/(loss) 2,662         2,662  
Common stock cash dividends declared (3,870)       (3,870)    
Employee Stock Purchase Plan (in shares)   5,311          
Employee Stock Purchase Plan 137 $ 5   132      
Director Stock Purchase Plan (in shares)   986          
Director Stock Purchase Plan 26 $ 1   25      
Restricted stock activity 218     218      
Ending balance (in shares) at Mar. 31, 2025   19,802,816          
Ending balance at Mar. 31, 2025 $ 667,933 $ 19,803   480,866 191,469 (14,163) (10,042)
Beginning balance (in shares) at Dec. 31, 2025 23,047,203 23,567,094          
Beginning balance at Dec. 31, 2025 $ 814,058 $ 23,567   589,421 219,685 (6,323) (12,292)
Net income 8,706       8,706    
Total other comprehensive income/(loss) (1,834)         (1,834)  
Common stock cash dividends declared (6,237)       (6,237)    
Common stock issued in business combinations (in shares) [1]   2,238,085          
Common stock issued in business combinations [1] 71,853 $ 2,238   69,615      
Stock options exercised 132     132      
Employee Stock Purchase Plan (in shares)   5,352          
Employee Stock Purchase Plan 166 $ 5   161      
Director Stock Purchase Plan (in shares)   855          
Director Stock Purchase Plan 28 $ 1   27      
Restricted stock activity (in shares)   5,268          
Restricted stock activity $ 533   $ 6 527      
Ending balance (in shares) at Mar. 31, 2026 25,296,763 25,816,654          
Ending balance at Mar. 31, 2026 $ 887,405 $ 25,817   $ 659,883 $ 222,154 $ (8,157) $ (12,292)
[1] Shares issued on January 1, 2026 and February 27, 2026 as a result of the Cumberland Advisors and 1st Colonial acquisitions. See "Note 2 - Business Combinations" to the Consolidated Financial Statements for more information.