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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Stockholders’ Equity
Total Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjustment
Total Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interest
Noncontrolling Interest
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance (in shares) at Dec. 31, 2022             25,349,225                    
Beginning balance at Dec. 31, 2022 $ 568,887     $ 568,798     $ 127,004   $ 646,100     $ (188,923)   $ (15,383)   $ 89  
Increase (Decrease) in Stockholders' Equity                                  
Net income 24,278     24,278         24,278                
Other comprehensive income (loss), net of tax 21,553     21,553               21,553          
Cash dividends declared and paid (11,749)     (11,749)         (11,749)                
Treasury shares purchased under deferred directors' plan (in shares)             (2,800)                    
Treasury shares purchased under deferred directors' plan             $ 204             (204)      
Treasury shares sold and distributed under deferred directors' plan (in shares)             12,855                    
Treasury shares sold and distributed under deferred directors' plan             $ (405)             405      
Stock activity under equity compensation plans (in shares)             71,637                    
Stock activity under equity compensation plans (3,124)     (3,124)     $ (3,124)                    
Stock based compensation expense 2,161     2,161     $ 2,161                    
Ending balance (in shares) at Mar. 31, 2023             25,430,917                    
Ending balance at Mar. 31, 2023 602,006     601,917     $ 125,840   658,629     (167,370)   (15,182)   89  
Beginning balance (in shares) at Dec. 31, 2022             25,349,225                    
Beginning balance at Dec. 31, 2022 $ 568,887     568,798     $ 127,004   646,100     (188,923)   (15,383)   89  
Increase (Decrease) in Stockholders' Equity                                  
Accounting standards update Accounting Standards Update 2023-02 [Member]                                
Ending balance (in shares) at Dec. 31, 2023 25,430,566           25,430,566 25,430,566                  
Ending balance at Dec. 31, 2023 $ 649,793 $ (532) $ 649,261 649,704 $ (532) $ 649,172 $ 127,692 $ 127,692 692,760 $ (532) $ 692,228 (155,195) $ (155,195) (15,553) $ (15,553) 89 $ 89
Increase (Decrease) in Stockholders' Equity                                  
Net income 23,401     23,401         23,401                
Other comprehensive income (loss), net of tax (11,718)     (11,718)               (11,718)          
Cash dividends declared and paid (12,299)     (12,299)         (12,299)                
Treasury shares purchased under deferred directors' plan (in shares)             (3,230)                    
Treasury shares purchased under deferred directors' plan             $ 208             (208)      
Treasury shares sold and distributed under deferred directors' plan (in shares)             13,275                    
Treasury shares sold and distributed under deferred directors' plan             $ (391)             391      
Stock activity under equity compensation plans (in shares)             62,814                    
Stock activity under equity compensation plans (2,516)     (2,516)     $ (2,516)                    
Stock based compensation expense $ 880     880     $ 880                    
Ending balance (in shares) at Mar. 31, 2024 25,503,425           25,503,425                    
Ending balance at Mar. 31, 2024 $ 647,009     $ 646,920     $ 125,873   $ 703,330     $ (166,913)   $ (15,370)   $ 89