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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Total
Beginning balance at Dec. 31, 2014 $ 230 $ 281,248 $ 52,812 $ (6,794) $ 1,757 $ 329,253
Beginning balance, shares at Dec. 31, 2014 22,971,504     (437,574)    
Purchase of shares of treasury stock       $ (4,418)   $ (4,418)
Purchase of shares of treasury stock, shares       (246,708)   (246,708)
Issuance of shares of treasury stock by exercise of stock options   (97)   $ 257   $ 160
Issuance of shares of treasury stock by exercise of stock options, shares       16,252    
Stock-based compensation expense   12       12
Dividends on common stock     (4,487)     (4,487)
Net income     24,136     24,136
Other comprehensive loss, net of tax         (343) (343)
Ending balance at Dec. 31, 2015 $ 230 281,163 72,461 $ (10,955) 1,414 344,313
Ending balance, shares at Dec. 31, 2015 22,971,504     (668,030)    
Purchase of shares of treasury stock       $ (11,079)   $ (11,079)
Purchase of shares of treasury stock, shares       (635,100)   (635,100)
Issuance of shares of treasury stock by exercise of stock options   (2,705)   $ 6,588   $ 3,883
Issuance of shares of treasury stock by exercise of stock options, shares       393,698    
Stock-based compensation expense   43       43
Dividends on common stock     (4,395)     (4,395)
Net income     27,208     27,208
Other comprehensive loss, net of tax         (2,336) (2,336)
Ending balance at Dec. 31, 2016 $ 230 278,501 95,274 $ (15,446) (922) 357,637
Ending balance, shares at Dec. 31, 2016 22,971,504     (909,432)    
Sale of common stock in initial public offering $ 27 64,492       $ 64,519
Sale of common stock in initial public offering, shares 2,760,000          
Purchase of shares of treasury stock, shares           0
Issuance of shares of treasury stock by exercise of stock options   (73)   $ 190   $ 117
Issuance of shares of treasury stock by exercise of stock options, shares       11,160    
Stock-based compensation expense   329       329
Dividends on common stock     (4,561)     (4,561)
Net income     27,571     27,571
Other comprehensive loss, net of tax           533
Other comprehensive income, net of tax     69   533 602
Ending balance at Dec. 31, 2017 $ 257 $ 343,249 $ 118,353 $ (15,256) $ (389) $ 446,214
Ending balance, shares at Dec. 31, 2017 25,731,504     (898,272)