Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.21.2
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock - Number of Shares, Shares Issued
Common Stock - Number of Shares, Shares Issued
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock - Number of Shares, Treasury Shares
Common Stock - Number of Shares, Treasury Shares
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Balance at beginning of period at Dec. 31, 2019 $ 563,267     $ 33   $ (116,515)   $ 575,816   $ 3,382   $ 100,552    
Balance at beginning of period (ASU 2016-13) at Dec. 31, 2019   $ (12,167)                     $ (12,167)  
Beginning balance, shares issued (shares) at Dec. 31, 2019       33,475,402 33,475,402                  
Beginning balance, treasury stock (shares) at Dec. 31, 2019           (2,675,778) (2,675,778)              
Beginning balance, shares outstanding (shares) at Dec. 31, 2019       30,799,624 30,799,624                  
Adjusted balance at Dec. 31, 2019     $ 551,100   $ 33   $ (116,515)   $ 575,816   $ 3,382     $ 88,385
Restricted stock awards, net of forfeitures (shares)       85,581                    
Share-based compensation expense 1,911             1,911            
Restricted stock surrendered due to employee tax liability (317)         $ (317)                
Restricted stock surrendered due to employee tax liability (shares)       (30,214)   (30,214)                
Repurchase of common stock (2,196)         $ (2,196)                
Repurchase of common stock (shares)       (135,400)   (135,400)                
Cash dividends declared (common stock, $0.08/share, $0.12/share, $0.44/share, $0.34/share) (13,504)                     (13,504)    
Net income 27,870                     27,870    
Change in unrealized gain (loss) on securities available for sale, net of income taxes (1,661)                 (1,661)        
Balance at end of period at Sep. 30, 2020 563,203     $ 33   $ (119,029)   577,727   1,721   102,751    
Ending balance, shares issued (shares) at Sep. 30, 2020       33,560,983                    
Ending balance, treasury stock (shares) at Sep. 30, 2020           (2,841,392)                
Ending balance, shares outstanding (shares) at Sep. 30, 2020       30,719,591                    
Balance at beginning of period at Jun. 30, 2020 547,436     $ 33   $ (119,002)   577,211   335   88,859    
Beginning balance, shares issued (shares) at Jun. 30, 2020       33,495,913                    
Beginning balance, treasury stock (shares) at Jun. 30, 2020           (2,838,284)                
Beginning balance, shares outstanding (shares) at Jun. 30, 2020       30,657,629                    
Restricted stock awards, net of forfeitures (shares)       65,070                    
Share-based compensation expense 516             516            
Restricted stock surrendered due to employee tax liability (27)         $ (27)                
Restricted stock surrendered due to employee tax liability (shares)       (3,108)   (3,108)                
Cash dividends declared (common stock, $0.08/share, $0.12/share, $0.44/share, $0.34/share) (2,452)                     (2,452)    
Net income 16,344                     16,344    
Change in unrealized gain (loss) on securities available for sale, net of income taxes 1,386                 1,386        
Balance at end of period at Sep. 30, 2020 563,203     $ 33   $ (119,029)   577,727   1,721   102,751    
Ending balance, shares issued (shares) at Sep. 30, 2020       33,560,983                    
Ending balance, treasury stock (shares) at Sep. 30, 2020           (2,841,392)                
Ending balance, shares outstanding (shares) at Sep. 30, 2020       30,719,591                    
Balance at beginning of period at Dec. 31, 2020 $ 577,044     $ 33   $ (119,046)   578,360   3,076   114,621    
Beginning balance, shares issued (shares) at Dec. 31, 2020       33,560,801                    
Beginning balance, treasury stock (shares) at Dec. 31, 2020 (2,842,966)         (2,842,966)                
Beginning balance, shares outstanding (shares) at Dec. 31, 2020       30,717,835                    
Restricted stock awards, net of forfeitures (shares)       56,325                    
Share-based compensation expense $ 1,899             1,899            
Restricted stock surrendered due to employee tax liability (531)         $ (531)                
Restricted stock surrendered due to employee tax liability (shares)       (27,639)   (27,639)                
Repurchase of common stock (5,837)         $ (5,837)                
Repurchase of common stock (shares)       (304,920)   (304,920)                
Cash dividends declared (common stock, $0.08/share, $0.12/share, $0.44/share, $0.34/share) (10,433)                     (10,433)    
Net income 65,346                     65,346    
Change in unrealized gain (loss) on securities available for sale, net of income taxes (8,433)                 (8,433)        
Balance at end of period at Sep. 30, 2021 $ 619,055     $ 33   $ (125,414)   580,259   (5,357)   169,534    
Ending balance, shares issued (shares) at Sep. 30, 2021       33,617,126                    
Ending balance, treasury stock (shares) at Sep. 30, 2021 (3,175,525)         (3,175,525)                
Ending balance, shares outstanding (shares) at Sep. 30, 2021       30,441,601                    
Balance at beginning of period at Jun. 30, 2021 $ 602,977     $ 33   $ (120,443)   579,595   (2,859)   146,651    
Beginning balance, shares issued (shares) at Jun. 30, 2021       33,617,311                    
Beginning balance, treasury stock (shares) at Jun. 30, 2021           (2,919,659)                
Beginning balance, shares outstanding (shares) at Jun. 30, 2021       30,697,652                    
Restricted stock awards, net of forfeitures (shares)       (185)                    
Share-based compensation expense 664             664            
Restricted stock surrendered due to employee tax liability (80)         $ (80)                
Restricted stock surrendered due to employee tax liability (shares)       (5,946)   (5,946)                
Repurchase of common stock (4,891)         $ (4,891)                
Repurchase of common stock (shares)       (249,920)   (249,920)                
Cash dividends declared (common stock, $0.08/share, $0.12/share, $0.44/share, $0.34/share) (3,682)                     (3,682)    
Net income 26,565                     26,565    
Change in unrealized gain (loss) on securities available for sale, net of income taxes (2,498)                 (2,498)        
Balance at end of period at Sep. 30, 2021 $ 619,055     $ 33   $ (125,414)   $ 580,259   $ (5,357)   $ 169,534    
Ending balance, shares issued (shares) at Sep. 30, 2021       33,617,126                    
Ending balance, treasury stock (shares) at Sep. 30, 2021 (3,175,525)         (3,175,525)                
Ending balance, shares outstanding (shares) at Sep. 30, 2021       30,441,601