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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjustment
Total
Beginning balance at Dec. 31, 2021 $ 137 $ 91,107   $ 117,626 $ (400)   $ 208,470
Beginning balance (in shares) at Dec. 31, 2021 13,669,772            
Net Income       7,674     7,674
Other comprehensive income (loss)         (10,529)   (10,529)
Dividend declared on common stock ($0.20 per share)       (2,790)     (2,790)
Exercise of stock options $ 2 1,889         1,891
Exercise of stock options (in shares) 206,472            
Restricted stock vesting (in shares) 13,960            
Share-based compensation   139         139
Ending balance at Mar. 31, 2022 $ 139 93,135   122,510 (10,929)   204,855
Ending balance (in shares) at Mar. 31, 2022 13,890,204            
Beginning balance at Dec. 31, 2022 $ 141 94,726 $ (2,292) 146,630 (28,697) $ (2,292) 212,800
Beginning balance (in shares) at Dec. 31, 2022 14,043,801            
Net Income       6,304     6,304
Other comprehensive income (loss)         3,502   3,502
Exercise of stock options   312         312
Exercise of stock options (in shares) 26,625            
Restricted stock vesting (in shares) 6,381            
Share-based compensation   197         197
Ending balance at Mar. 31, 2023 $ 141 $ 95,235   $ 150,642 $ (25,195)   $ 220,823
Ending balance (in shares) at Mar. 31, 2023 14,076,807