Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Changes in Stockholders' Equity

v3.25.4
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock - Number of Shares, Shares Issued
Treasury Stock, Common [Member]
Shares Outstanding
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Balance at beginning of period at Dec. 31, 2022 $ 637,515 $ 33 $ (126,485)   $ 583,410 $ (88,985) $ 269,542
Beginning balance, shares issued (shares) at Dec. 31, 2022   33,708,234          
Beginning balance, treasury stock (shares) at Dec. 31, 2022     (3,222,613)        
Beginning balance, shares outstanding (shares) at Dec. 31, 2022       30,485,621      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock options exercised     $ (821)   821    
Stock options exercised (shares)   50,000 (35,273)        
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   159,801   159,801      
Issuance of awards pursuant to equity incentive plans, net of forfeitures   $ 1          
Stock options exercised, shares outstanding (shares)       14,727      
Issuance of awards pursuant to equity incentive plans, net of forfeitures 1            
Share-based compensation expense 2,681       2,681    
Shares surrendered to satisfy tax liability upon vesting of equity awards (785)   $ (785)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (41,494) (41,494)      
Repurchase of common stock (4,084)   $ (4,084)        
Repurchase of common stock (shares)     (250,000) 250,000      
Cash dividends paid (common stock, $1.00/share, $1.00/share, $1.08/share) (30,535)           (30,535)
Net income 80,041           80,041
Change in unrealized gain (loss) on securities available for sale, net of income taxes 16,839         16,839  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 218         218  
Balance at end of period at Dec. 31, 2023 701,891 $ 34 $ (132,175)   586,912 (71,928) 319,048
Ending balance, shares issued (shares) at Dec. 31, 2023   33,918,035          
Ending balance, treasury stock (shares) at Dec. 31, 2023     (3,549,380)        
Ending balance, shares outstanding (shares) at Dec. 31, 2023       30,368,655      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock options exercised 582       582    
Stock options exercised (shares)   25,000          
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   208,429   208,429      
Stock options exercised, shares outstanding (shares)       25,000      
Share-based compensation expense 3,575       3,575    
Shares surrendered to satisfy tax liability upon vesting of equity awards (586)   $ (586)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (36,585) (36,585)      
Repurchase of common stock (6,314)   $ (6,314)        
Repurchase of common stock (shares)     (369,500) 369,500      
Cash dividends paid (common stock, $1.00/share, $1.00/share, $1.08/share) (30,380)           (30,380)
Net income 62,201           62,201
Change in unrealized gain (loss) on securities available for sale, net of income taxes 1,804         1,804  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes (599)         (599)  
Balance at end of period at Dec. 31, 2024 $ 732,174 $ 34 $ (139,075)   591,069 (70,723) 350,869
Ending balance, shares issued (shares) at Dec. 31, 2024   34,151,464          
Ending balance, treasury stock (shares) at Dec. 31, 2024 (3,955,465)   (3,955,465)        
Ending balance, shares outstanding (shares) at Dec. 31, 2024       30,195,999      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   136,315   136,315      
Share-based compensation expense $ 3,598       3,598    
Shares surrendered to satisfy tax liability upon vesting of equity awards (996)   $ (996)        
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)     (44,259) (44,259)      
Repurchase of common stock (9,404)   $ (9,404)        
Repurchase of common stock (shares)     (393,298) 393,298      
Cash dividends paid (common stock, $1.00/share, $1.00/share, $1.08/share) (32,623)           (32,623)
Net income 76,089           76,089
Change in unrealized gain (loss) on securities available for sale, net of income taxes 26,989         26,989  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 559         559  
Balance at end of period at Dec. 31, 2025 $ 796,386 $ 34 $ (149,475)   $ 594,667 $ (43,175) $ 394,335
Ending balance, shares issued (shares) at Dec. 31, 2025   34,287,779          
Ending balance, treasury stock (shares) at Dec. 31, 2025 (4,393,022)   (4,393,022)        
Ending balance, shares outstanding (shares) at Dec. 31, 2025       29,894,757