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Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Capital Stock [Member]
Surplus [Member]
Undivided Profits [Member]
Accumulated Other Comprehensive Income [Member]
Treasury Stock [Member]
Total
Balance at Dec. 31, 2019 [1] $ 20,041 $ 256,591 $ 288,067 $ 4,461 $ (30,903) $ 538,257
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 0 [1] 0 [1] 13,313 0 0 13,313
Other comprehensive income (loss), net of tax 0 [1] 0 [1] 0 6,931 0 6,931
Cash dividend declared [2] 0 [1] 0 [1] (6,827) 0 0 (6,827)
Purchase of treasury stock [2] 0 [1] 0 [1] 0 0 (3,493) (3,493)
Stock based compensation expense 0 [1] 4 [1] 0 0 0 4
Balance at Mar. 31, 2020 [1] 20,041 256,595 294,553 11,392 (34,396) 548,185
Balance at Dec. 31, 2019 [1] 20,041 256,591 288,067 4,461 (30,903) 538,257
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income           38,638
Other comprehensive income (loss), net of tax           7,076
Balance at Sep. 30, 2020 [1] 20,041 256,605 306,741 11,537 (34,396) 560,528
Balance at Mar. 31, 2020 [1] 20,041 256,595 294,553 11,392 (34,396) 548,185
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 0 [1] 0 [1] 11,254 0 0 11,254
Other comprehensive income (loss), net of tax 0 [1] 0 [1] 0 544 0 544
Cash dividend declared [2] 0 [1] 0 [1] (6,568) 0 0 (6,568)
Stock based compensation expense 0 [1] 6 [1] 0 0 0 6
Balance at Jun. 30, 2020 [1] 20,041 256,601 299,239 11,936 (34,396) 553,421
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 0 [1] 0 [1] 14,071 0 0 14,071
Other comprehensive income (loss), net of tax 0 [1] 0 [1] 0 (399) 0 (399)
Cash dividend declared [2] 0 [1] 0 [1] (6,569) 0 0 (6,569)
Stock based compensation expense 0 [1] 4 [1] 0 0 0 4
Balance at Sep. 30, 2020 [1] 20,041 256,605 306,741 11,537 (34,396) 560,528
Balance at Dec. 31, 2020 [1] 20,041 256,606 313,974 11,936 (34,396) 568,161
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 0 [1] 0 [1] 14,083 0 0 14,083
Other comprehensive income (loss), net of tax 0 [1] 0 [1] 0 (4,668) 0 (4,668)
Stock options exercised [1] 3 68 0 0 0 71
Cash dividend declared [2] 0 [1] 0 [1] (6,571) 0 0 (6,571)
Purchase of treasury stock [2] 0 [1] 0 [1] 0 0 (45) (45)
Balance at Mar. 31, 2021 [1] 20,044 256,674 321,486 7,268 (34,441) 571,031
Balance at Dec. 31, 2020 [1] 20,041 256,606 313,974 11,936 (34,396) 568,161
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income           45,278
Other comprehensive income (loss), net of tax           (4,632)
Balance at Sep. 30, 2021 [1] 20,042 256,565 339,554 7,304 (36,782) 586,683
Balance at Mar. 31, 2021 [1] 20,044 256,674 321,486 7,268 (34,441) 571,031
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 0 [1] 0 [1] 14,433 0 0 14,433
Other comprehensive income (loss), net of tax 0 [1] 0 [1] 0 572 0 572
Cash used to settle fractional shares in the Reverse Stock Split [1] (5) (195) 0 0 0 (200)
Stock options exercised [1] 2 57 0 0 0 59
Cash dividend declared [2] 0 [1] 0 [1] (6,569) 0 0 (6,569)
Purchase of treasury stock [2] 0 [1] 0 [1] 0 0 (733) (733)
Balance at Jun. 30, 2021 [1] 20,041 256,536 329,350 7,840 (35,174) 578,593
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 0 [1] 0 [1] 16,762 0 0 16,762
Other comprehensive income (loss), net of tax 0 [1] 0 [1] 0 (536) 0 (536)
Stock options exercised 1 [1] 29 [1] 0 0 0 30
Cash dividend declared 0 [1] 0 [1] (6,558) 0 0 (6,558)
Purchase of treasury stock 0 [1] 0 [1] 0 0 (1,608) (1,608)
Balance at Sep. 30, 2021 [1] $ 20,042 $ 256,565 $ 339,554 $ 7,304 $ (36,782) $ 586,683
[1] All periods presented have been adjusted for the 1 for 5 reverse stock split which occurred on May 28, 2021.
[2] Share amounts and per share amounts have been adjusted for all periods presented for the 1 for 5 reverse stock split which occurred on May 28, 2021.