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Consolidated Statements of Shareholders' Equity - USD ($)
shares in Thousands, $ in Thousands
Common Stock
Surplus
Retained Earnings
Other Comprehensive Income (Loss)
Treasury Stock
Total
Balance at Dec. 31, 2018 $ 96,104 $ 145,283 $ 2,064,134 $ (54,634) $ (311,305) $ 1,939,582
Balance (in shares) at Dec. 31, 2018 96,104          
Increase (decrease) in shareholders' equity            
Net Income     101,926     101,926
Dividends:            
Cash     (32,821)     (32,821)
Purchase of treasury stock         (128) (128)
Exercise of stock options $ 47 827       874
Exercise of stock options (in shares) 47          
Stock compensation expense recognized in earnings   504       504
Other comprehensive income, net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       50,382   50,382
Balance at Jun. 30, 2019 $ 96,151 146,614 2,133,239 (4,252) (311,433) 2,060,319
Balance (in shares) at Jun. 30, 2019 96,151          
Balance at Mar. 31, 2019 $ 96,137 146,113 2,083,219 (29,405) (311,359) 1,984,705
Balance (in shares) at Mar. 31, 2019 96,137          
Increase (decrease) in shareholders' equity            
Net Income     50,020     50,020
Dividends:            
Purchase of treasury stock         (74) (74)
Exercise of stock options $ 14 262       276
Exercise of stock options (in shares) 14          
Stock compensation expense recognized in earnings   239       239
Other comprehensive income, net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       25,153   25,153
Balance at Jun. 30, 2019 $ 96,151 146,614 2,133,239 (4,252) (311,433) 2,060,319
Balance (in shares) at Jun. 30, 2019 96,151          
Balance at Dec. 31, 2019 $ 96,215 148,075 2,200,568 2,345 (329,150) 2,118,053
Balance (in shares) at Dec. 31, 2019 96,215          
Increase (decrease) in shareholders' equity            
Net Income     76,348     76,348
Dividends:            
Cash     (35,128)     (35,128)
Purchase of treasury stock         (48,737) (48,737)
Exercise of stock options $ 14 274       288
Exercise of stock options (in shares) 14          
Stock compensation expense recognized in earnings   395       395
Other comprehensive income, net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       38,974   38,974
Balance at Jun. 30, 2020 $ 96,229 148,744 2,233,455 41,319 (377,887) 2,141,860
Balance (in shares) at Jun. 30, 2020 96,229          
Balance at Mar. 31, 2020 $ 96,226 148,508 2,191,946 64,352 (358,521) 2,142,511
Balance (in shares) at Mar. 31, 2020 96,226          
Increase (decrease) in shareholders' equity            
Net Income     41,509     41,509
Dividends:            
Purchase of treasury stock         (19,366) (19,366)
Exercise of stock options $ 3 59       62
Exercise of stock options (in shares) 3          
Stock compensation expense recognized in earnings   177       176
Other comprehensive income, net of tax:            
Net change in unrealized gains and losses on available for sale securities, net of reclassification adjustments       (23,033)   (23,033)
Balance at Jun. 30, 2020 $ 96,229 $ 148,744 2,233,455 $ 41,319 $ (377,887) 2,141,860
Balance (in shares) at Jun. 30, 2020 96,229          
Dividends:            
Cumulative adjustment for adoption of new accounting standards, net of tax     $ (8,333)     $ (8,333)