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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Capital Stock [Member]
Surplus [Member]
Undivided Profits [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Treasury Stock [Member]
Total
Balance at Dec. 31, 2016 $ 99,214 $ 171,425 $ 201,517 $ (6,251) $ (33,219) $ 432,686
Net Income 0 0 43,145 0 0 43,145
Change in other comprehensive income (loss), net of tax 0 0 0 4,445 0 4,445
Stock options exercises 784 4,452 0 0 0 5,236
Cash dividend declared 0 0 (25,226) 0 0 (25,226)
Purchase of treasury stock 0 0 0 0 (4,608) (4,608)
Sale of treasury stock 0 (376) 0 0 2,856 2,480
Stock based compensation expense 0 150 0 0 0 150
Balance at Dec. 31, 2017 99,998 175,651 219,436 (1,806) (34,971) 458,308
Net Income 0 0 61,445 0 0 61,445
Tax Cuts and Jobs Act of 2017, Reclassification from AOCI to Retained Earnings, Tax Effect 0 0 1,346 (1,346) 0 0
Change in other comprehensive income (loss), net of tax 0 0 0 (7,157) 0 (7,157)
Stock options exercises 177 1,082 0 0 0 1,259
Cash dividend declared 0 0 (25,830) 0 0 (25,830)
Purchase of treasury stock 0 0 0 0 (718) (718)
Sale of treasury stock 0 (196) 0 0 2,587 2,391
Stock based compensation expense 0 173 0 0 0 173
Balance at Dec. 31, 2018 100,175 176,710 256,397 (10,309) (33,102) 489,871
Net Income 0 0 57,840 0 0 57,840
Change in other comprehensive income (loss), net of tax 0 0 0 14,770 0 14,770
Stock options exercises 30 155 0 0 0 185
Cash dividend declared 0 0 (26,170) 0 0 (26,170)
Purchase of treasury stock 0 0 0 0 (35) (35)
Sale of treasury stock 0 (443) 0 0 2,234 1,791
Stock based compensation expense 0 5 0 0 0 5
Balance at Dec. 31, 2019 $ 100,205 $ 176,427 $ 288,067 $ 4,461 $ (30,903) $ 538,257