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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income, Net of Taxes
Retained Earnings
Treasury Stock
Total
Balance at Dec. 31, 2020 $ 178 $ 209,779 $ 53,527 $ 745,029 $ (123,834) $ 884,679
Net income       36,174   36,174
Unrealized gains (losses) on securities available for sale, net of deferred federal income taxes     (19,000)     (19,000)
Restricted share awards issued   475       475
Recognition of employee share-based compensation, net of deferred federal income taxes   1,384       1,384
Dividends paid and accrued       (13,459)   (13,459)
Balance at Mar. 31, 2021 178 211,638 34,527 767,744 (123,834) 890,253
Balance at Dec. 31, 2020 178 209,779 53,527 745,029 (123,834) 884,679
Net income           98,661
Balance at Sep. 30, 2021 178 214,576 33,909 803,248 (123,834) 928,077
Balance at Mar. 31, 2021 178 211,638 34,527 767,744 (123,834) 890,253
Net income       37,667   37,667
Unrealized gains (losses) on securities available for sale, net of deferred federal income taxes     4,428     4,428
Recognition of employee share-based compensation, net of deferred federal income taxes   1,441       1,441
Dividends paid and accrued       (13,490)   (13,490)
Balance at Jun. 30, 2021 178 213,079 38,955 791,921 (123,834) 920,299
Net income       24,820   24,820
Unrealized gains (losses) on securities available for sale, net of deferred federal income taxes     (5,046)     (5,046)
Recognition of employee share-based compensation, net of deferred federal income taxes   1,497       1,497
Dividends paid and accrued       (13,493)   (13,493)
Balance at Sep. 30, 2021 178 214,576 33,909 803,248 (123,834) 928,077
Balance at Dec. 31, 2021 178 216,070 24,579 821,743 (135,397) 927,173
Net income       7,838   7,838
Unrealized gains (losses) on securities available for sale, net of deferred federal income taxes     (47,357)     (47,357)
Restricted share awards issued 1 603       604
Recognition of employee share-based compensation, net of deferred federal income taxes   1,479       1,479
Dividends paid and accrued       (13,246)   (13,246)
Acquisition of treasury stock         (14,603) (14,603)
Balance at Mar. 31, 2022 179 218,152 (22,778) 816,335 (150,000) 861,888
Balance at Dec. 31, 2021 178 216,070 24,579 821,743 (135,397) 927,173
Net income           21,931
Acquisition of treasury stock           (14,603)
Balance at Sep. 30, 2022 179 220,755 (90,457) 803,888 (150,000) 784,365
Balance at Mar. 31, 2022 179 218,152 (22,778) 816,335 (150,000) 861,888
Net income       7,901   7,901
Unrealized gains (losses) on securities available for sale, net of deferred federal income taxes     (39,186)     (39,186)
Recognition of employee share-based compensation, net of deferred federal income taxes   1,301       1,301
Dividends paid and accrued       (13,281)   (13,281)
Balance at Jun. 30, 2022 179 219,453 (61,964) 810,955 (150,000) 818,623
Net income       6,192   6,192
Unrealized gains (losses) on securities available for sale, net of deferred federal income taxes     (28,493)     (28,493)
Recognition of employee share-based compensation, net of deferred federal income taxes   1,302       1,302
Dividends paid and accrued       (13,259)   (13,259)
Balance at Sep. 30, 2022 $ 179 $ 220,755 $ (90,457) $ 803,888 $ (150,000) $ 784,365