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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, 2018 [1] $ 20,035 $ 256,850 $ 256,397 $ (10,309) $ (33,102) $ 489,871
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
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 [1] 6 179 0 0 0 185
Cash dividend declared [2] 0 0 (26,170) 0 0 (26,170)
Purchase of treasury stock [2] 0 0 0 0 (35) (35)
Sale of treasury stock [2] 0 (443) 0 0 2,234 1,791
Stock based compensation expense 0 5 0 0 0 5
Balance at Dec. 31, 2019 20,041 256,591 288,067 4,461 (30,903) 538,257
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 0 0 52,452 0 0 52,452
Change in other comprehensive income (loss), net of tax 0 0 0 7,475 0 7,475
Cash dividend declared [1] 0 0 (26,545) 0 0 (26,545)
Purchase of treasury stock [2] 0 0 0 0 (3,493) (3,493)
Stock based compensation expense 0 15 0 0 0 15
Balance at Dec. 31, 2020 20,041 256,606 313,974 11,936 (34,396) 568,161
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net Income 0 0 61,519 0 0 61,519
Change in other comprehensive income (loss), net of tax 0 0 0 211 0 211
Cash used to settle fractional shares in the Reverse Stock Split (5) (195) 0 0 0 (200)
Stock options exercises [2] 10 250 0 0 0 260
Cash dividend declared [2] 0 0 (26,437) 0 0 (26,437)
Purchase of treasury stock [2] 0 0 0 0 (2,386) (2,386)
Balance at Dec. 31, 2021 $ 20,046 $ 256,661 $ 349,056 $ 12,147 $ (36,782) $ 601,128
[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.