Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Changes in Stockholders' Equity (Unaudited)

v3.22.2.2
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)   56,325        
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, $0.12/share, $0.0/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)      
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, $0.12/share, $0.0/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)      
Ending balance, shares outstanding (shares) at Sep. 30, 2021   30,441,601        
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        
Stock options exercised $ 13     13    
Stock options exercised (shares)   1,050 1,050      
Restricted stock awards, net of forfeitures (shares)   102,134        
Share-based compensation expense 1,886     1,886    
Restricted stock surrendered due to employee tax liability (704)   $ (704)      
Restricted stock surrendered due to employee tax liability (shares)   (26,441) (26,441)      
Cash dividends declared (common stock, $0.12/share, $0.0/share) (21,015)         (21,015)
Net income 72,915         72,915
Change in unrealized gain (loss) on securities available for sale, net of income taxes (87,619)       (87,619)  
Balance at end of period at Sep. 30, 2022 $ 608,893 $ 33 $ (126,457) 582,695 (96,062) 248,684
Ending balance, shares issued (shares) at Sep. 30, 2022   33,705,973        
Ending balance, treasury stock (shares) at Sep. 30, 2022 (3,221,969)   3,221,969      
Ending balance, shares outstanding (shares) at Sep. 30, 2022   30,484,004        
Balance at beginning of period at Jun. 30, 2022 $ 618,296 $ 33 $ (126,322) 582,018 (66,568) 229,135
Beginning balance, shares issued (shares) at Jun. 30, 2022   33,701,784        
Beginning balance, treasury stock (shares) at Jun. 30, 2022     (3,218,794)      
Beginning balance, shares outstanding (shares) at Jun. 30, 2022   30,482,990        
Stock options exercised 13     13    
Stock options exercised (shares)   1,050 1,050      
Restricted stock awards, net of forfeitures (shares)   4,189        
Share-based compensation expense 664     664    
Restricted stock surrendered due to employee tax liability (135)   $ (135)      
Restricted stock surrendered due to employee tax liability (shares)   (4,225) (4,225)      
Cash dividends declared (common stock, $0.12/share, $0.0/share) (7,620)         (7,620)
Net income 27,169         27,169
Change in unrealized gain (loss) on securities available for sale, net of income taxes (29,494)       (29,494)  
Balance at end of period at Sep. 30, 2022 $ 608,893 $ 33 $ (126,457) $ 582,695 $ (96,062) $ 248,684
Ending balance, shares issued (shares) at Sep. 30, 2022   33,705,973        
Ending balance, treasury stock (shares) at Sep. 30, 2022 (3,221,969)   3,221,969      
Ending balance, shares outstanding (shares) at Sep. 30, 2022   30,484,004