Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock - Number of Shares, Shares Issued
Common Stock - Number of Shares, Treasury Shares
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Balance at beginning of period at Dec. 31, 2016 $ 531,025 $ 33 $ (70,786) $ 562,446 $ (2,394) $ 41,726
Beginning balance, shares issued (shares) at Dec. 31, 2016   32,946,197        
Beginning balance, treasury stock (shares) at Dec. 31, 2016     (615,450)      
Beginning balance, shares outstanding (shares) at Dec. 31, 2016   32,330,747        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised 288     288    
Stock options exercised (shares)   23,813        
Restricted stock awards, net of forfeitures (shares)   113,123        
Share-based compensation expense 2,893     2,893    
Restricted stock surrendered due to employee tax liability (1,103)   $ (1,103)      
Restricted stock surrendered due to employee tax liability (shares)   (36,056) (36,056)      
Cash dividends declared (common stock, $0.80/share) (25,811)         (25,811)
Net income 54,660         54,660
Change in unrealized gain (loss) on securities available for sale, net of income taxes 525       525  
Balance at end of period at Dec. 31, 2017 562,477 $ 33 $ (71,889) 565,627 (1,869) 70,575
Ending balance, shares issued (shares) at Dec. 31, 2017   33,083,133        
Ending balance, treasury stock (shares) at Dec. 31, 2017     (651,506)      
Ending balance, shares outstanding (shares) at Dec. 31, 2017   32,431,627        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Adjustments related to adoption of new accounting standards: | ASU 2016-01         382 (382)
Adjustments related to adoption of new accounting standards: | ASU 2018-02         (399) 399
Adjusted balance at Dec. 31, 2017 562,477 $ 33 $ (71,889) 565,627 (1,886) 70,592
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised 570     570    
Stock options exercised (shares)   25,750        
Restricted stock awards, net of forfeitures (shares)   93,486        
Share-based compensation expense 3,515     3,515    
Restricted stock surrendered due to employee tax liability (680)   $ (680)      
Restricted stock surrendered due to employee tax liability (shares)   (22,426) (22,426)      
Repurchase of common stock (36,068)   $ (36,068)      
Repurchase of common stock (shares)   (1,600,000) (1,600,000)      
Cash dividends declared (common stock, $0.80/share) (30,921)         (30,921)
Net income 57,868         57,868
Change in unrealized gain (loss) on securities available for sale, net of income taxes (4,193)       (4,193)  
Balance at end of period at Dec. 31, 2018 $ 552,568 $ 33 $ (108,637) 569,712 (6,079) 97,539
Ending balance, shares issued (shares) at Dec. 31, 2018   33,202,369        
Ending balance, treasury stock (shares) at Dec. 31, 2018 (2,273,932)   (2,273,932)      
Ending balance, shares outstanding (shares) at Dec. 31, 2018   30,928,437        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised $ 2,979     2,979    
Stock options exercised (shares)   181,900        
Restricted stock awards, net of forfeitures (shares)   91,133        
Share-based compensation expense 3,125     3,125    
Restricted stock surrendered due to employee tax liability (517)   $ (517)      
Restricted stock surrendered due to employee tax liability (shares)   (26,846) (26,846)      
Repurchase of common stock (7,362)   $ (7,362)      
Repurchase of common stock (shares)   (375,000) (375,000)      
Cash dividends declared (common stock, $0.80/share) (29,776)         (29,776)
Net income 32,788         32,788
Change in unrealized gain (loss) on securities available for sale, net of income taxes 9,461       9,461  
Balance at end of period at Dec. 31, 2019 $ 563,267 $ 33 $ (116,515) $ 575,816 $ 3,382 $ 100,551
Ending balance, shares issued (shares) at Dec. 31, 2019   33,475,402        
Ending balance, treasury stock (shares) at Dec. 31, 2019 (2,675,778)   (2,675,778)      
Ending balance, shares outstanding (shares) at Dec. 31, 2019   30,799,624