Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands |
Total |
Common Stock - Number of Shares, Shares Issued |
Treasury Stock, Common [Member] |
Additional Paid-in Capital |
Accumulated Other Comprehensive Loss |
Retained Earnings |
| Balance at beginning of period at Dec. 31, 2022 |
$ 637,515
|
$ 33
|
$ (126,485)
|
$ 583,410
|
$ (88,985)
|
$ 269,542
|
| Beginning balance, shares issued (shares) at Dec. 31, 2022 |
|
33,708,234
|
|
|
|
|
| Beginning balance, treasury stock (shares) at Dec. 31, 2022 |
|
|
(3,222,613)
|
|
|
|
| Beginning balance, shares outstanding (shares) at Dec. 31, 2022 |
|
30,485,621
|
|
|
|
|
| Stock options exercised |
821
|
|
|
821
|
|
|
| Stock options exercised (shares) |
|
50,000
|
|
|
|
|
| Stock options exercised, shares outstanding (shares) |
|
50,000
|
|
|
|
|
| Issuance of awards pursuant to equity incentive plans, net of forfeitures |
1
|
$ 1
|
|
|
|
|
| Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares) |
|
151,223
|
|
|
|
|
| Share-based compensation expense |
1,938
|
|
|
1,938
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards |
(1,599)
|
|
$ (1,599)
|
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards (shares) |
|
(76,262)
|
(76,262)
|
|
|
|
| Repurchase of common stock |
(3,345)
|
|
$ (3,345)
|
|
|
|
| Repurchase of common stock (shares) |
|
(200,000)
|
(200,000)
|
|
|
|
| Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.75/share, $0.75/share) |
(22,943)
|
|
|
|
|
(22,943)
|
| Net income |
61,408
|
|
|
|
|
61,408
|
| Change in unrealized gain (loss) on securities available for sale, net of income taxes |
(10,437)
|
|
|
|
(10,437)
|
|
| Balance at end of period at Sep. 30, 2023 |
663,359
|
$ 34
|
$ (131,429)
|
586,169
|
(99,422)
|
308,007
|
| Ending balance, shares issued (shares) at Sep. 30, 2023 |
|
33,909,457
|
|
|
|
|
| Ending balance, treasury stock (shares) at Sep. 30, 2023 |
|
|
(3,498,875)
|
|
|
|
| Ending balance, shares outstanding (shares) at Sep. 30, 2023 |
|
30,410,582
|
|
|
|
|
| Balance at beginning of period at Jun. 30, 2023 |
668,560
|
$ 33
|
$ (129,126)
|
585,391
|
(84,639)
|
296,901
|
| Beginning balance, shares issued (shares) at Jun. 30, 2023 |
|
33,863,421
|
|
|
|
|
| Beginning balance, treasury stock (shares) at Jun. 30, 2023 |
|
|
(3,377,633)
|
|
|
|
| Beginning balance, shares outstanding (shares) at Jun. 30, 2023 |
|
30,485,788
|
|
|
|
|
| Issuance of awards pursuant to equity incentive plans, net of forfeitures |
1
|
$ 1
|
|
|
|
|
| Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares) |
|
46,036
|
|
|
|
|
| Share-based compensation expense |
778
|
|
|
778
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards |
(401)
|
|
$ (401)
|
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards (shares) |
|
(21,242)
|
(21,242)
|
|
|
|
| Repurchase of common stock |
(1,902)
|
|
$ (1,902)
|
|
|
|
| Repurchase of common stock (shares) |
|
(100,000)
|
(100,000)
|
|
|
|
| Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.75/share, $0.75/share) |
(7,690)
|
|
|
|
|
(7,690)
|
| Net income |
18,796
|
|
|
|
|
18,796
|
| Change in unrealized gain (loss) on securities available for sale, net of income taxes |
(14,783)
|
|
|
|
(14,783)
|
|
| Balance at end of period at Sep. 30, 2023 |
663,359
|
$ 34
|
$ (131,429)
|
586,169
|
(99,422)
|
308,007
|
| Ending balance, shares issued (shares) at Sep. 30, 2023 |
|
33,909,457
|
|
|
|
|
| Ending balance, treasury stock (shares) at Sep. 30, 2023 |
|
|
(3,498,875)
|
|
|
|
| Ending balance, shares outstanding (shares) at Sep. 30, 2023 |
|
30,410,582
|
|
|
|
|
| Balance at beginning of period at Dec. 31, 2023 |
$ 701,891
|
$ 34
|
$ (132,175)
|
586,912
|
(71,928)
|
319,048
|
| Beginning balance, shares issued (shares) at Dec. 31, 2023 |
|
33,918,035
|
|
|
|
|
| Beginning balance, treasury stock (shares) at Dec. 31, 2023 |
(3,549,380)
|
|
(3,549,380)
|
|
|
|
| Beginning balance, shares outstanding (shares) at Dec. 31, 2023 |
|
30,368,655
|
|
|
|
|
| Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares) |
|
207,829
|
|
|
|
|
| Share-based compensation expense |
$ 2,655
|
|
|
2,655
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards |
(542)
|
|
$ (542)
|
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards (shares) |
|
(34,729)
|
(34,729)
|
|
|
|
| Repurchase of common stock |
(5,753)
|
|
$ (5,753)
|
|
|
|
| Repurchase of common stock (shares) |
|
(345,000)
|
(345,000)
|
|
|
|
| Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.75/share, $0.75/share) |
(22,836)
|
|
|
|
|
(22,836)
|
| Net income |
44,506
|
|
|
|
|
44,506
|
| Change in unrealized gain (loss) on securities available for sale, net of income taxes |
16,356
|
|
|
|
16,356
|
|
| Change in unrealized gain (loss) on cash flow hedge, net of income taxes |
432
|
|
|
|
432
|
|
| Balance at end of period at Sep. 30, 2024 |
$ 736,709
|
$ 34
|
$ (138,470)
|
589,567
|
(55,140)
|
340,718
|
| Ending balance, shares issued (shares) at Sep. 30, 2024 |
|
34,125,864
|
|
|
|
|
| Ending balance, treasury stock (shares) at Sep. 30, 2024 |
(3,929,109)
|
|
(3,929,109)
|
|
|
|
| Ending balance, shares outstanding (shares) at Sep. 30, 2024 |
|
30,196,755
|
|
|
|
|
| Balance at beginning of period at Jun. 30, 2024 |
$ 707,059
|
$ 34
|
$ (137,014)
|
588,647
|
(78,000)
|
333,392
|
| Beginning balance, shares issued (shares) at Jun. 30, 2024 |
|
34,124,910
|
|
|
|
|
| Beginning balance, treasury stock (shares) at Jun. 30, 2024 |
|
|
(3,852,800)
|
|
|
|
| Beginning balance, shares outstanding (shares) at Jun. 30, 2024 |
|
30,272,110
|
|
|
|
|
| Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares) |
|
954
|
|
|
|
|
| Share-based compensation expense |
920
|
|
|
920
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards |
(24)
|
|
$ (24)
|
|
|
|
| Shares surrendered to satisfy tax liability upon vesting of equity awards (shares) |
|
(1,309)
|
(1,309)
|
|
|
|
| Repurchase of common stock |
(1,432)
|
|
$ (1,432)
|
|
|
|
| Repurchase of common stock (shares) |
|
(75,000)
|
(75,000)
|
|
|
|
| Cash dividends paid (common stock, $0.25/share, $0.25/share, $0.75/share, $0.75/share) |
(7,566)
|
|
|
|
|
(7,566)
|
| Net income |
14,892
|
|
|
|
|
14,892
|
| Change in unrealized gain (loss) on securities available for sale, net of income taxes |
20,654
|
|
|
|
20,654
|
|
| Change in unrealized gain (loss) on cash flow hedge, net of income taxes |
2,206
|
|
|
|
2,206
|
|
| Balance at end of period at Sep. 30, 2024 |
$ 736,709
|
$ 34
|
$ (138,470)
|
$ 589,567
|
$ (55,140)
|
$ 340,718
|
| Ending balance, shares issued (shares) at Sep. 30, 2024 |
|
34,125,864
|
|
|
|
|
| Ending balance, treasury stock (shares) at Sep. 30, 2024 |
(3,929,109)
|
|
(3,929,109)
|
|
|
|
| Ending balance, shares outstanding (shares) at Sep. 30, 2024 |
|
30,196,755
|
|
|
|
|