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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning balance (in shares) at Dec. 31, 2020   21,598,993        
Beginning balance at Dec. 31, 2020 $ 644,815 $ 21,599 $ 456,919 $ 154,241 $ 25,816 $ (13,760)
Treasury stock, beginning balance (in shares) at Dec. 31, 2020           (483,984)
Net income 16,644     16,644    
Common stock repurchased (in shares)           (165,623)
Common stock repurchased (5,171)         $ (5,171)
Other comprehensive income (loss) (9,615)       (9,615)  
Dividends on common stock (2,723)     (2,723)    
Issuance of restricted stock grants (in shares)   84,578        
Issuance of restricted stock grants   $ 85 (85)      
Restricted stock grants forfeited (in shares)   (500)        
Restricted stock grants forfeited   $ (1) 1      
Repurchase of restricted stock for payment of taxes (in shares)   (14,720)        
Repurchase of restricted stock for payment of taxes (441) $ (15) (426)      
Compensation expense 440   440      
Ending balance at Mar. 31, 2021 643,949 $ 21,668 456,849 168,162 16,201 $ (18,931)
Ending balance (in shares) at Mar. 31, 2021   21,668,351        
Treasury stock, ending balance (in shares) at Mar. 31, 2021           (649,607)
Beginning balance (in shares) at Dec. 31, 2020   21,598,993        
Beginning balance at Dec. 31, 2020 644,815 $ 21,599 456,919 154,241 25,816 $ (13,760)
Treasury stock, beginning balance (in shares) at Dec. 31, 2020           (483,984)
Net income 32,244          
Ending balance at Jun. 30, 2021 660,052 $ 21,670 457,396 180,820 19,097 $ (18,931)
Ending balance (in shares) at Jun. 30, 2021   21,670,330        
Treasury stock, ending balance (in shares) at Jun. 30, 2021           (649,607)
Beginning balance (in shares) at Mar. 31, 2021   21,668,351        
Beginning balance at Mar. 31, 2021 643,949 $ 21,668 456,849 168,162 16,201 $ (18,931)
Treasury stock, beginning balance (in shares) at Mar. 31, 2021           (649,607)
Net income 15,600     15,600    
Other comprehensive income (loss) 2,896       2,896  
Dividends on common stock (2,942)     (2,942)    
Issuance of restricted stock grants (in shares)   3,000        
Issuance of restricted stock grants   $ 3 (3)      
Restricted stock grants forfeited (in shares)   (1,021)        
Restricted stock grants forfeited   $ (1) 1      
Compensation expense 549   549      
Ending balance at Jun. 30, 2021 660,052 $ 21,670 457,396 180,820 19,097 $ (18,931)
Ending balance (in shares) at Jun. 30, 2021   21,670,330        
Treasury stock, ending balance (in shares) at Jun. 30, 2021           (649,607)
Beginning balance (in shares) at Dec. 31, 2021   21,668,644        
Beginning balance at Dec. 31, 2021 676,172 $ 21,669 459,228 206,228 7,978 $ (18,931)
Treasury stock, beginning balance (in shares) at Dec. 31, 2021           (649,607)
Net income 16,829     16,829    
Common stock repurchased (in shares)           (600,000)
Common stock repurchased (22,180)         $ (22,180)
Other comprehensive income (loss) (76,825)       (76,825)  
Dividends on common stock (3,468)     (3,468)    
Issuance of restricted stock grants (in shares)   82,123        
Issuance of restricted stock grants   $ 82 (82)      
Restricted stock grants forfeited (in shares)   (1,000)        
Restricted stock grants forfeited   $ (1) 1      
Repurchase of restricted stock for payment of taxes (in shares)   (15,330)        
Repurchase of restricted stock for payment of taxes (554) $ (16) (538)      
Compensation expense 466   466      
Ending balance at Mar. 31, 2022 590,440 $ 21,734 459,075 219,589 (68,847) $ (41,111)
Ending balance (in shares) at Mar. 31, 2022   21,734,437        
Treasury stock, ending balance (in shares) at Mar. 31, 2022           (1,249,607)
Beginning balance (in shares) at Dec. 31, 2021   21,668,644        
Beginning balance at Dec. 31, 2021 676,172 $ 21,669 459,228 206,228 7,978 $ (18,931)
Treasury stock, beginning balance (in shares) at Dec. 31, 2021           (649,607)
Net income 32,582          
Ending balance at Jun. 30, 2022 560,452 $ 21,779 459,503 231,654 (111,373) $ (41,111)
Ending balance (in shares) at Jun. 30, 2022   21,778,731        
Treasury stock, ending balance (in shares) at Jun. 30, 2022           (1,249,607)
Beginning balance (in shares) at Mar. 31, 2022   21,734,437        
Beginning balance at Mar. 31, 2022 590,440 $ 21,734 459,075 219,589 (68,847) $ (41,111)
Treasury stock, beginning balance (in shares) at Mar. 31, 2022           (1,249,607)
Net income 15,753     15,753    
Other comprehensive income (loss) (42,526)       (42,526)  
Dividends on common stock (3,688)     (3,688)    
Issuance of restricted stock grants (in shares)   47,827        
Issuance of restricted stock grants   $ 48 (48)      
Restricted stock grants forfeited (in shares)   (1,000)        
Restricted stock grants forfeited   $ (1) 1      
Repurchase of restricted stock for payment of taxes (in shares)   (2,533)        
Repurchase of restricted stock for payment of taxes (73) $ (2) (71)      
Compensation expense 546   546      
Ending balance at Jun. 30, 2022 $ 560,452 $ 21,779 $ 459,503 $ 231,654 $ (111,373) $ (41,111)
Ending balance (in shares) at Jun. 30, 2022   21,778,731        
Treasury stock, ending balance (in shares) at Jun. 30, 2022           (1,249,607)