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Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income
Balance at beginning of period at Dec. 31, 2019 $ 725,263 $ 560,263 $ 162,752 [1] $ 0 $ 2,248
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 38,670   38,670 [1]    
Other comprehensive income, net of tax 8,630       8,630
Purchase of treasury stock, 131,035 shares (1,452)     (1,452)  
Issuance of stock 2,046 2,046      
Retirement of restricted stock (492) (492)      
Cash dividends on common stock (19,093)   (19,093) [1]    
Balance at end of period at Sep. 30, 2020 753,572 561,817 182,329 [1],[2] (1,452) 10,878
Balance at beginning of period at Jun. 30, 2020 745,489 561,257 174,267 [2] (1,452) 11,417
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 14,427   14,427 [2]    
Other comprehensive income, net of tax (539)       (539)
Issuance of stock 585 585      
Retirement of restricted stock (25) (25)      
Cash dividends on common stock (6,365)   (6,365) [2]    
Balance at end of period at Sep. 30, 2020 753,572 561,817 182,329 [1],[2] (1,452) 10,878
Balance at beginning of period at Dec. 31, 2020 763,784 562,421 191,418 [1] (1,452) 11,397
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 72,871   72,871 [1]    
Other comprehensive income, net of tax (4,883)       (4,883)
Issuance of stock 3,154 3,154      
Retirement of restricted stock (620) (620)      
Exercise of stock options 19 19      
Cash dividends on common stock (20,197)   (20,197) [1]    
Balance at end of period at Sep. 30, 2021 814,128 564,974 244,092 [1],[2] (1,452) 6,514
Balance at beginning of period at Jun. 30, 2021 796,676 563,980 228,803 [2] (1,452) 5,345
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 22,289   22,289 [2]    
Other comprehensive income, net of tax 1,169       1,169
Issuance of stock 958 958      
Retirement of restricted stock 36 36      
Cash dividends on common stock (7,000)   (7,000) [2]    
Balance at end of period at Sep. 30, 2021 $ 814,128 $ 564,974 $ 244,092 [1],[2] $ (1,452) $ 6,514
[1] The Company adopted ASU 2016-13 at December 31, 2020, effective January 1, 2020, adjusting Retained Earnings by a negative $3,395. Retained earnings for the nine months ended September 30, 2020 have not been restated.
[2] The Company adopted ASU 2016-13 at December 31, 2020, effective January 1, 2020, adjusting Retained Earnings by a negative $3,395. Prior year periods have not been restated.