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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
AOCI Attributable to Parent [Member]
Total
Balance at Dec. 31, 2017 $ 0 $ 21,382 $ 228,750 $ 180,543 $ (79,121) $ (840) $ 350,714
Net income 0 0 0 36,340 0 0 36,340
Other comprehensive income (loss) 0 0 0 0 0 (589) (589)
Common dividends declared 0 0 0 (12,966) 0 0 (12,966)
Special common dividend declared -- $0.48 per share 0 0 0 (8,124) 0 0 (8,124)
Equity-based compensation expense 0 0 535 0 623 0 1,158
Common stock options exercised 0 0 (84) 0 468 0 384
Issuance of stock to 401(k) plan 0 0 138 0 214 0 352
Purchase of treasury shares 0 0 0 0 (34,412) 0 (34,412)
Reclassification of treasury stock 0 (5,375) (106,853) 0 112,228 0 0
Balance at Dec. 31, 2018 0 16,007 122,486 195,793 0 (1,429) 332,857
Net income 0 0 0 38,802 0 0 38,802
Other comprehensive income (loss) 0 0 0 0 0 (77) (77)
Common dividends declared 0 0 0 (15,060) 0 0 (15,060)
Equity-based compensation expense 0 44 1,437 0 0 0 1,481
Common stock options exercised 0 8 128 0 0 0 136
Issuance of stock to 401(k) plan 0 12 399 0 0 0 411
Repurchase of common shares 0 (487) (15,875) 0 0 0 (16,362)
Highlands Bankshares, Inc. acquisition 0 2,793 83,838 0 0 0 86,631
Balance at Dec. 31, 2019 0 18,377 192,413 219,535 0 (1,506) 428,819
Net income 0 0 0 35,926 0 0 35,926
Other comprehensive income (loss) 0 0 0 0 0 (417) (417)
Common dividends declared 0 0 0 (17,876) 0 0 (17,876)
Equity-based compensation expense 0 58 1,585 0 0 0 1,643
Issuance of stock to 401(k) plan 0 23 484 0 0 0 507
Repurchase of common shares 0 (735) (21,137) 0 0 0 (21,872)
Balance at Dec. 31, 2020 $ 0 $ 17,723 $ 173,345 $ 237,585 $ 0 $ (1,923) $ 426,730