Subsequent Events

12 Months Ended

Dec. 31, 2017

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS:

Divestiture of our Omaha Operations

As discussed in Note 1 "Description of Business," we completed the sale of the Omaha-based component of our Private Wealth business on January 12, 2018. We received proceeds of $10.6 million and have calculated a preliminary gain on the sale of approximately $520,000, which will be recorded in the first quarter of 2018. The sale reduced our Total assets by $9.7 million, including Goodwill of $7.3 million and Intangible assets, net of $2.2 million.

Dividends Declared

On February 8, 2018, the Board of Directors declared a quarterly cash dividend of $0.68 per share on common stock payable on April 2, 2018 to stockholders of record on March 9, 2018.

Restricted Stock Grants

On February 23, 2018, we expect to issue approximately $9.7 million of restricted stock to employees, or approximately 169,000 shares based on the closing price of our stock on February 21, 2018. The shares are subject to vesting conditions described in Note 9 "Employee Benefits" of our Consolidated Financial Statements in this Report.