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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 38,889     38,889         38,889                
Other comprehensive income (loss), net of tax 11,278     11,278               11,278          
Cash dividends declared and paid (23,542)     (23,542)         (23,542)                
Treasury shares purchased under deferred directors' plan (in shares)             (4,501)                    
Treasury shares purchased under deferred directors' plan 0     0     $ 285             (285)      
Treasury shares sold and distributed under deferred directors' plan (in shares)             12,855                    
Treasury shares sold and distributed under deferred directors' plan 0     0     $ (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 (393)     (393)     $ (393)                    
Ending balance (in shares) at Jun. 30, 2023             25,429,216                    
Ending balance at Jun. 30, 2023 591,995     591,906     $ 123,367   661,447     (177,645)   (15,263)   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
Beginning balance (in shares) at Mar. 31, 2023             25,430,917                    
Beginning balance at Mar. 31, 2023 602,006     601,917     $ 125,840   658,629     (167,370)   (15,182)   89  
Increase (Decrease) in Stockholders' Equity                                  
Net income 14,611     14,611         14,611                
Other comprehensive income (loss), net of tax (10,275)     (10,275)               (10,275)          
Cash dividends declared and paid (11,793)     (11,793)         (11,793)                
Treasury shares purchased under deferred directors' plan (in shares)             (1,701)                    
Treasury shares purchased under deferred directors' plan 0     0     $ 81             (81)      
Stock based compensation expense (2,554)     (2,554)     $ (2,554)                    
Ending balance (in shares) at Jun. 30, 2023             25,429,216                    
Ending balance at Jun. 30, 2023 $ 591,995     591,906     $ 123,367   661,447     (177,645)   (15,263)   89  
Beginning balance (in shares) at Dec. 31, 2023 25,430,566           25,430,566 25,430,566                  
Beginning 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 45,950     45,950         45,950                
Other comprehensive income (loss), net of tax (15,263)     (15,263)               (15,263)          
Cash dividends declared and paid (24,637)     (24,637)         (24,637)                
Treasury shares purchased under deferred directors' plan (in shares)             (4,578)                    
Treasury shares purchased under deferred directors' plan 0     0     $ 291             (291)      
Treasury shares sold and distributed under deferred directors' plan (in shares)             13,275                    
Treasury shares sold and distributed under deferred directors' plan 0     0     $ (391)             391      
Stock activity under equity compensation plans (in shares)             64,481                    
Stock activity under equity compensation plans (2,596)     (2,596)     $ (2,596)                    
Stock based compensation expense $ 1,875     1,875     $ 1,875                    
Ending balance (in shares) at Jun. 30, 2024 25,503,744           25,503,744                    
Ending balance at Jun. 30, 2024 $ 654,590     654,501     $ 126,871   713,541     (170,458)   (15,453)   89  
Beginning balance (in shares) at Mar. 31, 2024             25,503,425                    
Beginning balance at Mar. 31, 2024 647,009     646,920     $ 125,873   703,330     (166,913)   (15,370)   89  
Increase (Decrease) in Stockholders' Equity                                  
Net income 22,549     22,549         22,549                
Other comprehensive income (loss), net of tax (3,545)     (3,545)               (3,545)          
Cash dividends declared and paid (12,338)     (12,338)         (12,338)                
Treasury shares purchased under deferred directors' plan (in shares)             (1,348)                    
Treasury shares purchased under deferred directors' plan 0     0     $ 83             (83)      
Stock activity under equity compensation plans (in shares)             1,667                    
Stock activity under equity compensation plans (80)     (80)     $ (80)                    
Stock based compensation expense $ 995     995     $ 995                    
Ending balance (in shares) at Jun. 30, 2024 25,503,744           25,503,744                    
Ending balance at Jun. 30, 2024 $ 654,590     $ 654,501     $ 126,871   $ 713,541     $ (170,458)   $ (15,453)   $ 89