Annual report [Section 13 and 15(d), not S-K Item 405]

Consolidated Statements of Changes in Stockholders' Equity

v3.25.0.1
Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Total
Common Stock - Number of Shares, Shares Issued
Treasury Stock, Common [Member]
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
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)      
Beginning balance, shares outstanding (shares) at Dec. 31, 2021   30,407,261        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised 19     19    
Stock options exercised (shares)   1,500 1,500      
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   104,395        
Share-based compensation expense 2,595     2,595    
Shares surrendered to satisfy tax liability upon vesting of equity awards (732)   $ (732)      
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)   (27,535) (27,535)      
Cash dividends paid (common stock, $0.94/share, $1.00/share, $1.00/share) (28,636)         (28,636)
Net income 101,394         101,394
Change in unrealized gain (loss) on securities available for sale, net of income taxes (80,542)       (80,542)  
Balance at end of period at Dec. 31, 2022 637,515 $ 33 $ (126,485) 583,410 (88,985) 269,542
Ending balance, shares issued (shares) at Dec. 31, 2022   33,708,234        
Ending balance, treasury stock (shares) at Dec. 31, 2022     (3,222,613)      
Ending balance, shares outstanding (shares) at Dec. 31, 2022   30,485,621        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised     $ (821) 821    
Stock options exercised (shares)   50,000 (35,273)      
Stock options exercised, shares outstanding (shares)   14,727        
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)   159,801        
Share-based compensation expense 2,681     2,681    
Shares surrendered to satisfy tax liability upon vesting of equity awards (785)   $ (785)      
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)   (41,494) (41,494)      
Repurchase of common stock (4,084)   $ (4,084)      
Repurchase of common stock (shares)   (250,000) (250,000)      
Cash dividends paid (common stock, $0.94/share, $1.00/share, $1.00/share) (30,535)         (30,535)
Net income 80,041         80,041
Change in unrealized gain (loss) on securities available for sale, net of income taxes 16,839       16,839  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes 218       218  
Balance at end of period at Dec. 31, 2023 $ 701,891 $ 34 $ (132,175) 586,912 (71,928) 319,048
Ending balance, shares issued (shares) at Dec. 31, 2023   33,918,035        
Ending balance, treasury stock (shares) at Dec. 31, 2023 (3,549,380)   (3,549,380)      
Ending balance, shares outstanding (shares) at Dec. 31, 2023   30,368,655        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Stock options exercised $ 582     582    
Stock options exercised (shares)   25,000        
Stock options exercised, shares outstanding (shares)   25,000        
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   208,429        
Share-based compensation expense 3,575     3,575    
Shares surrendered to satisfy tax liability upon vesting of equity awards (586)   $ (586)      
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)   (36,585) (36,585)      
Repurchase of common stock (6,314)   $ (6,314)      
Repurchase of common stock (shares)   (369,500) (369,500)      
Cash dividends paid (common stock, $0.94/share, $1.00/share, $1.00/share) (30,380)         (30,380)
Net income 62,201         62,201
Change in unrealized gain (loss) on securities available for sale, net of income taxes 1,804       1,804  
Change in unrealized gain (loss) on cash flow hedge, net of income taxes (599)       (599)  
Balance at end of period at Dec. 31, 2024 $ 732,174 $ 34 $ (139,075) $ 591,069 $ (70,723) $ 350,869
Ending balance, shares issued (shares) at Dec. 31, 2024   34,151,464        
Ending balance, treasury stock (shares) at Dec. 31, 2024 (3,955,465)   (3,955,465)      
Ending balance, shares outstanding (shares) at Dec. 31, 2024   30,195,999