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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Preferred Stock
Common Stock
Voting
Common Stock
Class B Non-Voting
Additional Paid-in Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Beginning Balance at Dec. 31, 2021 $ 1,065,290 $ 94,956 $ 646 $ 5 $ 854,873 $ 147,894 $ (40,827) $ 7,743
Comprehensive income:                
Net income 99,420         99,420    
Other comprehensive loss, net (55,322)             (55,322)
Issuance of common stock 7,200   6   7,194      
Redemption of preferred stock (98,703) (94,956)       (3,747)    
Purchase of shares of treasury stock (56,151)           (56,151)  
Share-based compensation expense 4,482       4,482      
Restricted stock surrendered due to employee tax liability (1,743)       (1,743)      
Shares purchased under the Dividend Reinvestment Plan (80)       0 (80)    
Dividends declared (10,983)         (10,983)    
Preferred stock dividends (1,420)         (1,420)    
Ending Balance at Sep. 30, 2022 951,990 0 652 5 864,806 231,084 (96,978) (47,579)
Beginning Balance at Jun. 30, 2022 949,130   647 5 856,079 210,471 (84,013) (34,059)
Comprehensive income:                
Net income 24,196         24,196    
Other comprehensive loss, net (13,520)             (13,520)
Issuance of common stock 7,200   5   7,195      
Purchase of shares of treasury stock (12,965)           (12,965)  
Share-based compensation expense 1,715       1,715      
Restricted stock surrendered due to employee tax liability (183)       (183)      
Shares purchased under the Dividend Reinvestment Plan (20)         (20)    
Dividends declared (3,563)         (3,563)    
Ending Balance at Sep. 30, 2022 951,990 0 652 5 864,806 231,084 (96,978) (47,579)
Beginning Balance at Dec. 31, 2022 959,618 0 651 5 866,478 248,988 (115,907) (40,597)
Comprehensive income:                
Net income 80,731         80,731    
Other comprehensive loss, net (2,856)             (2,856)
Issuance of common stock 0   3   (3)      
Purchase of shares of treasury stock (21,362)           (21,362)  
Exercise of stock options 20       20      
Share-based compensation expense 4,762       4,762      
Restricted stock surrendered due to employee tax liability (1,693)   (1)   (1,692)      
Shares purchased under the Dividend Reinvestment Plan (282)         (282)    
Dividends declared (17,218)         (17,218)    
Ending Balance at Sep. 30, 2023 1,001,720 0 653 5 869,565 312,219 (137,269) (43,453)
Beginning Balance at Jun. 30, 2023 957,054   653 5 867,994 275,430 (137,270) (49,758)
Comprehensive income:                
Net income 42,574         42,574    
Other comprehensive loss, net 6,305             6,305
Excise tax on treasury stock repurchases 1           1  
Exercise of stock options 20       20      
Share-based compensation expense 1,581       1,581      
Restricted stock surrendered due to employee tax liability (30)   0   (30)      
Shares purchased under the Dividend Reinvestment Plan (93)         (93)    
Dividends declared (5,692)         (5,692)    
Ending Balance at Sep. 30, 2023 $ 1,001,720 $ 0 $ 653 $ 5 $ 869,565 $ 312,219 $ (137,269) $ (43,453)