Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.22.2
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - 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, 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)      
Beginning balance, shares outstanding (shares) at Dec. 31, 2020   30,717,835        
Restricted stock awards, net of forfeitures (shares)   56,510        
Share-based compensation expense 1,235     1,235    
Restricted stock surrendered due to employee tax liability (451)   $ (451)      
Restricted stock surrendered due to employee tax liability (shares)   (21,693) (21,693)      
Repurchase of common stock (946)   $ (946)      
Repurchase of common stock (shares)   (55,000) (55,000)      
Cash dividends declared (common stock, $0.12/share, $0.0/share) (6,751)         (6,751)
Net income 38,781         38,781
Change in unrealized gain (loss) on securities available for sale, net of income taxes (5,935)       (5,935)  
Balance at end of period at Jun. 30, 2021 602,977 $ 33 $ (120,443) 579,595 (2,859) 146,651
Ending balance, shares issued (shares) at Jun. 30, 2021   33,617,311        
Ending balance, treasury stock (shares) at Jun. 30, 2021     (2,919,659)      
Ending balance, shares outstanding (shares) at Jun. 30, 2021   30,697,652        
Balance at beginning of period at Mar. 31, 2021 581,822 $ 33 $ (120,087) 578,958 (5,293) 128,211
Beginning balance, shares issued (shares) at Mar. 31, 2021   33,585,181        
Beginning balance, treasury stock (shares) at Mar. 31, 2021     (2,902,648)      
Beginning balance, shares outstanding (shares) at Mar. 31, 2021   30,682,533        
Restricted stock awards, net of forfeitures (shares)   32,130        
Share-based compensation expense 637     637    
Restricted stock surrendered due to employee tax liability (356)   $ (356)      
Restricted stock surrendered due to employee tax liability (shares)   (17,011) (17,011)      
Cash dividends declared (common stock, $0.12/share, $0.0/share) (3,682)         (3,682)
Net income 22,122         22,122
Change in unrealized gain (loss) on securities available for sale, net of income taxes 2,434       2,434  
Balance at end of period at Jun. 30, 2021 602,977 $ 33 $ (120,443) 579,595 (2,859) 146,651
Ending balance, shares issued (shares) at Jun. 30, 2021   33,617,311        
Ending balance, treasury stock (shares) at Jun. 30, 2021     (2,919,659)      
Ending balance, shares outstanding (shares) at Jun. 30, 2021   30,697,652        
Balance at beginning of period at Dec. 31, 2021 $ 643,417 $ 33 $ (125,753) 580,796 (8,443) 196,784
Beginning balance, shares issued (shares) at Dec. 31, 2021   33,603,839        
Beginning balance, treasury stock (shares) at Dec. 31, 2021 (3,196,578)   (3,196,578)      
Beginning balance, shares outstanding (shares) at Dec. 31, 2021   30,407,261        
Restricted stock awards, net of forfeitures (shares)   97,945        
Share-based compensation expense $ 1,222     1,222    
Restricted stock surrendered due to employee tax liability (569)   $ (569)      
Restricted stock surrendered due to employee tax liability (shares)   (22,216) (22,216)      
Cash dividends declared (common stock, $0.12/share, $0.0/share) (13,394)         (13,394)
Net income 45,745         45,745
Change in unrealized gain (loss) on securities available for sale, net of income taxes (58,125)       (58,125)  
Balance at end of period at Jun. 30, 2022 $ 618,296 $ 33 $ (126,322) 582,018 (66,568) 229,135
Ending balance, shares issued (shares) at Jun. 30, 2022   33,701,784        
Ending balance, treasury stock (shares) at Jun. 30, 2022 (3,218,794)   (3,218,794)      
Ending balance, shares outstanding (shares) at Jun. 30, 2022   30,482,990        
Balance at beginning of period at Mar. 31, 2022 $ 621,452 $ 33 $ (125,887) 581,337 (44,819) 210,788
Beginning balance, shares issued (shares) at Mar. 31, 2022   33,670,197        
Beginning balance, treasury stock (shares) at Mar. 31, 2022     (3,201,739)      
Beginning balance, shares outstanding (shares) at Mar. 31, 2022   30,468,458        
Restricted stock awards, net of forfeitures (shares)   31,587        
Share-based compensation expense 681     681    
Restricted stock surrendered due to employee tax liability (435)   $ (435)      
Restricted stock surrendered due to employee tax liability (shares)   (17,055) (17,055)      
Cash dividends declared (common stock, $0.12/share, $0.0/share) (6,703)         (6,703)
Net income 25,050         25,050
Change in unrealized gain (loss) on securities available for sale, net of income taxes (21,749)       (21,749)  
Balance at end of period at Jun. 30, 2022 $ 618,296 $ 33 $ (126,322) $ 582,018 $ (66,568) $ 229,135
Ending balance, shares issued (shares) at Jun. 30, 2022   33,701,784        
Ending balance, treasury stock (shares) at Jun. 30, 2022 (3,218,794)   (3,218,794)      
Ending balance, shares outstanding (shares) at Jun. 30, 2022   30,482,990