Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Changes in Stockholders' Equity

v3.24.0.1
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, 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        
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issuance of awards pursuant to equity incentive plans, net of forfeitures (shares)   43,038        
Share-based compensation expense 2,436     2,436    
Shares surrendered to satisfy tax liability upon vesting of equity awards (572)   $ (572)      
Shares surrendered to satisfy tax liability upon vesting of equity awards (shares)   (24,953) (24,953)      
Repurchase of common stock (6,135)   $ (6,135)      
Repurchase of common stock (shares)   (328,659) (328,659)      
Cash dividends paid (common stock, $0.54/share, $0.94/share, $1.00/share) (16,514)         (16,514)
Net income 98,677         98,677
Change in unrealized gain (loss) on securities available for sale, net of income taxes (11,519)       (11,519)  
Balance at end of period at Dec. 31, 2021 643,417 $ 33 $ (125,753) 580,796 (8,443) 196,784
Ending balance, shares issued (shares) at Dec. 31, 2021   33,603,839        
Ending balance, treasury stock (shares) at Dec. 31, 2021     (3,196,578)      
Ending 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, $0.54/share, $0.94/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   (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, $0.54/share, $0.94/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