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 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
|
|
|
|
|
| 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, $0.22/share, $0.25/share,0.44/shares,0.50/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)
|
|
|
|
| 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, $0.22/share, $0.25/share,0.44/shares,0.50/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)
|
|
|
|
| Ending balance, shares outstanding (shares) at Jun. 30, 2022 |
|
30,482,990
|
|
|
|
|
| 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)
|
|
(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
|
|
|
|
|
| Restricted stock awards, net of forfeitures (shares) |
|
105,187
|
|
|
|
|
| Share-based compensation expense |
1,160
|
|
|
1,160
|
|
|
| Restricted stock surrendered due to employee tax liability |
(301)
|
|
$ (301)
|
|
|
|
| Restricted stock surrendered due to employee tax liability (shares) |
|
(16,511)
|
(16,511)
|
|
|
|
| Stock surrendered for stock option exercise and employee tax liability |
(896)
|
|
$ (896)
|
|
|
|
| Stock surrendered for stock option exercise and employee tax liability (shares) |
|
(38,509)
|
(38,509)
|
|
|
|
| Repurchase of common stock |
(1,444)
|
|
$ (1,444)
|
|
|
|
| Repurchase of common stock (shares) |
|
(100,000)
|
100,000
|
|
|
|
| Cash dividends declared (common stock, $0.22/share, $0.25/share,0.44/shares,0.50/share) |
(15,253)
|
|
|
|
|
(15,253)
|
| Net income |
42,612
|
|
|
|
|
42,612
|
| Change in unrealized gain (loss) on securities available for sale, net of income taxes |
4,346
|
|
|
|
4,346
|
|
| Balance at end of period at Jun. 30, 2023 |
$ 668,560
|
$ 33
|
$ (129,126)
|
585,391
|
(84,639)
|
296,901
|
| Ending balance, shares issued (shares) at Jun. 30, 2023 |
|
33,863,421
|
|
|
|
|
| Ending balance, treasury stock (shares) at Jun. 30, 2023 |
(3,377,633)
|
|
(3,377,633)
|
|
|
|
| Ending balance, shares outstanding (shares) at Jun. 30, 2023 |
|
30,485,788
|
|
|
|
|
| Balance at beginning of period at Mar. 31, 2023 |
$ 662,165
|
$ 33
|
$ (127,603)
|
584,884
|
(79,059)
|
283,910
|
| Beginning balance, shares issued (shares) at Mar. 31, 2023 |
|
33,827,801
|
|
|
|
|
| Beginning balance, treasury stock (shares) at Mar. 31, 2023 |
|
|
(3,272,514)
|
|
|
|
| Beginning balance, shares outstanding (shares) at Mar. 31, 2023 |
|
30,555,287
|
|
|
|
|
| Restricted stock awards, net of forfeitures (shares) |
|
35,620
|
|
|
|
|
| Share-based compensation expense |
507
|
|
|
507
|
|
|
| Restricted stock surrendered due to employee tax liability |
(79)
|
|
$ (79)
|
|
|
|
| Restricted stock surrendered due to employee tax liability (shares) |
|
(5,119)
|
(5,119)
|
|
|
|
| Repurchase of common stock |
(1,444)
|
|
$ (1,444)
|
|
|
|
| Repurchase of common stock (shares) |
|
(100,000)
|
(100,000)
|
|
|
|
| Cash dividends declared (common stock, $0.22/share, $0.25/share,0.44/shares,0.50/share) |
(7,629)
|
|
|
|
|
(7,629)
|
| Net income |
20,620
|
|
|
|
|
20,620
|
| Change in unrealized gain (loss) on securities available for sale, net of income taxes |
(5,580)
|
|
|
|
(5,580)
|
|
| Balance at end of period at Jun. 30, 2023 |
$ 668,560
|
$ 33
|
$ (129,126)
|
$ 585,391
|
$ (84,639)
|
$ 296,901
|
| Ending balance, shares issued (shares) at Jun. 30, 2023 |
|
33,863,421
|
|
|
|
|
| Ending balance, treasury stock (shares) at Jun. 30, 2023 |
(3,377,633)
|
|
(3,377,633)
|
|
|
|
| Ending balance, shares outstanding (shares) at Jun. 30, 2023 |
|
30,485,788
|
|
|
|
|