Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.25.3
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 (shares)   207,829   207,829      
Share-based compensation expense 2,655       2,655    
Shares surrendered to satisfy tax liability upon vesting of equity awards (542)   $ (542)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (34,729) (34,729)      
Repurchase of common stock (5,753)   $ (5,753)        
Repurchase of common stock (shares)       (345,000)      
Repurchase of common stock (shares)     (345,000)        
Cash dividends paid (22,836)           (22,836)
Net income 44,506           44,506
Change in unrealized gain (loss) on securities available for sale, net of income taxes 16,356         16,356  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 432         432  
Balance at end of period at Sep. 30, 2024 736,709 $ 34 $ (138,470)   589,567 (55,140) 340,718
Ending balance, shares issued (shares) at Sep. 30, 2024   34,125,864          
Ending balance, treasury stock (shares) at Sep. 30, 2024     (3,929,109)        
Ending balance, shares outstanding (shares) at Sep. 30, 2024       30,196,755      
Balance at beginning of period at Jun. 30, 2024 707,059 $ 34 $ (137,014)   588,647 (78,000) 333,392
Beginning balance, shares issued (shares) at Jun. 30, 2024   34,124,910          
Beginning balance, treasury stock (shares) at Jun. 30, 2024     (3,852,800)        
Beginning balance, shares outstanding (shares) at Jun. 30, 2024       30,272,110      
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   954   954      
Share-based compensation expense 920       920    
Shares surrendered to satisfy tax liability upon vesting of equity awards (24)   $ (24)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (1,309) (1,309)      
Repurchase of common stock (1,432)   $ (1,432)        
Repurchase of common stock (shares)       (75,000)      
Repurchase of common stock (shares)     (75,000)        
Cash dividends paid (7,566)           (7,566)
Net income 14,892           14,892
Change in unrealized gain (loss) on securities available for sale, net of income taxes 20,654         20,654  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 2,206         2,206  
Balance at end of period at Sep. 30, 2024 736,709 $ 34 $ (138,470)   589,567 (55,140) 340,718
Ending balance, shares issued (shares) at Sep. 30, 2024   34,125,864          
Ending balance, treasury stock (shares) at Sep. 30, 2024     (3,929,109)        
Ending balance, shares outstanding (shares) at Sep. 30, 2024       30,196,755      
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)   142,192   142,192      
Share-based compensation expense $ 2,699       2,699    
Shares surrendered to satisfy tax liability upon vesting of equity awards (966)   $ (966)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (43,122) (43,122)      
Repurchase of common stock (7,435)   $ (7,435)        
Repurchase of common stock (shares)       (319,698)      
Repurchase of common stock (shares)     (319,698)        
Cash dividends paid (24,536)           (24,536)
Net income 54,850           54,850
Change in unrealized gain (loss) on securities available for sale, net of income taxes 22,305         22,305  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 459         459  
Balance at end of period at Sep. 30, 2025 $ 779,550 $ 34 $ (147,476)   593,768 (47,959) 381,183
Ending balance, shares issued (shares) at Sep. 30, 2025   34,293,656          
Ending balance, treasury stock (shares) at Sep. 30, 2025 (4,318,285)   (4,318,285)        
Ending balance, shares outstanding (shares) at Sep. 30, 2025       29,975,371      
Balance at beginning of period at Jun. 30, 2025 $ 762,834 $ 34 $ (142,765)   592,825 (54,511) 367,251
Beginning balance, shares issued (shares) at Jun. 30, 2025   34,294,037          
Beginning balance, treasury stock (shares) at Jun. 30, 2025     (4,117,469)        
Beginning balance, shares outstanding (shares) at Jun. 30, 2025       30,176,568      
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   (381)   (381)      
Share-based compensation expense 943       943    
Shares surrendered to satisfy tax liability upon vesting of equity awards (28)   $ (28)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (1,118) (1,118)      
Repurchase of common stock (4,683)   $ (4,683)        
Repurchase of common stock (shares)       (199,698)      
Repurchase of common stock (shares)     (199,698)        
Cash dividends paid (8,129)           (8,129)
Net income 22,061           22,061
Change in unrealized gain (loss) on securities available for sale, net of income taxes 6,413         6,413  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 139         139  
Balance at end of period at Sep. 30, 2025 $ 779,550 $ 34 $ (147,476)   $ 593,768 $ (47,959) $ 381,183
Ending balance, shares issued (shares) at Sep. 30, 2025   34,293,656          
Ending balance, treasury stock (shares) at Sep. 30, 2025 (4,318,285)   (4,318,285)        
Ending balance, shares outstanding (shares) at Sep. 30, 2025       29,975,371