Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.25.1
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock - Number of Shares, Shares Issued
Treasury Stock, Common [Member]
Shares Outstanding
Additional Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Balance at beginning of period at Dec. 31, 2023 $ 701,891 $ 34 $ (132,175)   $ 586,912 $ (71,928) $ 319,048
Beginning balance, shares issued (shares) at Dec. 31, 2023   33,918,035          
Beginning balance, treasury stock (shares) at Dec. 31, 2023     (3,549,380)        
Beginning balance, shares outstanding (shares) at Dec. 31, 2023       30,368,655      
Issuance of awards pursuant to equity incentive plans, net of forfeitures 0 $ 0          
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   39,249   39,249      
Share-based compensation expense 775       775    
Shares surrendered to satisfy tax liability upon vesting of equity awards (490)   $ (490)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (31,546) (31,546)      
Repurchase of common stock (1,592)   $ (1,592)        
Repurchase of common stock (shares)       (100,000)      
Repurchase of common stock (shares)     (100,000)        
Cash dividends paid (common stock, $0.25/share, $0.27/share) (7,686)           (7,686)
Net income 15,164           15,164
Change in unrealized gain (loss) on securities available for sale, net of income taxes (3,394)         (3,394)  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes (1,568)         (1,568)  
Balance at end of period at Mar. 31, 2024 703,100 $ 34 $ (134,257)   587,687 (76,890) 326,526
Ending balance, shares issued (shares) at Mar. 31, 2024   33,957,284          
Ending balance, treasury stock (shares) at Mar. 31, 2024     (3,680,926)        
Ending balance, shares outstanding (shares) at Mar. 31, 2024       30,276,358      
Balance at beginning of period at Dec. 31, 2024 $ 732,174 $ 34 $ (139,075)   591,069 (70,723) 350,869
Beginning balance, shares issued (shares) at Dec. 31, 2024   34,151,464          
Beginning balance, treasury stock (shares) at Dec. 31, 2024 (3,955,465)   (3,955,465)        
Beginning balance, shares outstanding (shares) at Dec. 31, 2024       30,195,999      
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   113,566   113,566      
Share-based compensation expense $ 873       873    
Shares surrendered to satisfy tax liability upon vesting of equity awards (579)   $ (579)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (26,051) (26,051)      
Repurchase of common stock (1,124)   $ (1,124)        
Repurchase of common stock (shares)       (50,000)      
Repurchase of common stock (shares)     (50,000)        
Cash dividends paid (common stock, $0.25/share, $0.27/share) (8,252)           (8,252)
Net income 17,672           17,672
Change in unrealized gain (loss) on securities available for sale, net of income taxes 10,411         10,411  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 310         310  
Balance at end of period at Mar. 31, 2025 $ 751,485 $ 34 $ (140,778)   $ 591,942 $ (60,002) $ 360,289
Ending balance, shares issued (shares) at Mar. 31, 2025   34,265,030          
Ending balance, treasury stock (shares) at Mar. 31, 2025 (4,031,516)   (4,031,516)        
Ending balance, shares outstanding (shares) at Mar. 31, 2025       30,233,514