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Note 18 - Stockholders' Equity | 3 Months Ended
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Mar. 31, 2023
Notes to Financial Statements |
Equity [Text Block] | 18. Stockholders’ Equity Total equity was $2.54 billion as of March 31, 2023, an increase of $68.3 million, from $2.47 billion as of December 31, 2022, primarily due to net income of $96.0 million, other comprehensive income of $11.2 million, stock-based compensation of $1.5 million and proceeds from dividend reinvestment of $0.9 million, offset by, common stock cash dividends of $24.6 million and purchase of treasury stock of $16.7 million. Activity in accumulated other comprehensive income/(loss), net of tax, and reclassification out of accumulated other comprehensive income/(loss) for the three months ended March 31, 2023, and March 31, 2022, was as follows:
|  | Three months ended March 31, 2023 |  |  | Three months ended March 31, 2022 |
|  | Pre-tax |  |  | Tax expense/ (benefit) |  |  | Net-of-tax |  |  | Pre-tax |  |  | Tax expense/ (benefit) |  |  | Net-of-tax |
Beginning balance, gain/(loss), net of tax |  | (In thousands) |
Securities available-for-sale |  |  |  |  |  |  |  |  |  | $ | (104,832 | ) |  |  |  |  |  |  |  |  |  | $ | 211 |
Cash flow hedge derivatives |  |  |  |  |  |  |  |  |  |  | 2,537 |  |  |  |  |  |  |  |  |  |  |  | (3,276 | )
Total |  |  |  |  |  |  |  |  |  | $ | (102,295 | ) |  |  |  |  |  |  |  |  |  | $ | (3,065 | )
Net unrealized gains/(losses) arising during the period |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale |  | $ | 13,552 |  |  | $ | 4,006 |  |  | $ | 9,546 |  |  | $ | (65,256 | ) |  | $ | (19,290 | ) |  | $ | (45,966 | )
Cash flow hedge derivatives |  |  | (626 | ) |  |  | (185 | ) |  |  | (441 | ) |  |  | 4,336 |  |  |  | 1,282 |  |  |  | 3,054 |
Total |  | $ | 12,926 |  |  | $ | 3,821 |  |  | $ | 9,105 |  |  | $ | (60,920 | ) |  | $ | (18,008 | ) |  | $ | (42,912 | )
Reclassification adjustment for net losses in net income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale |  |  | 3,000 |  |  |  | 887 |  |  |  | 2,113 |  |  |  | — |  |  |  | — |  |  |  | — |
Cash flow hedge derivatives |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Total |  |  | 3,000 |  |  |  | 887 |  |  |  | 2,113 |  |  |  | — |  |  |  | — |  |  |  | — |
Total other comprehensive income/(loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale |  | $ | 16,552 |  |  | $ | 4,893 |  |  | $ | 11,659 |  |  | $ | (65,256 | ) |  | $ | (19,290 | ) |  | $ | (45,966 | )
Cash flow hedge derivatives |  |  | (626 | ) |  |  | (185 | ) |  |  | (441 | ) |  |  | 4,336 |  |  |  | 1,282 |  |  |  | 3,054 |
Total |  | $ | 15,926 |  |  | $ | 4,708 |  |  | $ | 11,218 |  |  | $ | (60,920 | ) |  | $ | (18,008 | ) |  | $ | (42,912 | )
Ending balance, gain/(loss), net of tax |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities available-for-sale |  |  |  |  |  |  |  |  |  | $ | (93,173 | ) |  |  |  |  |  |  |  |  |  | $ | (45,755 | )
Cash flow hedge derivatives |  |  |  |  |  |  |  |  |  |  | 2,096 |  |  |  |  |  |  |  |  |  |  |  | (222 | )
Total |  |  |  |  |  |  |  |  |  | $ | (91,077 | ) |  |  |  |  |  |  |  |  |  | $ | (45,977 | )

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