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v3.7.0.1

Consolidated Statements of Changes in Stockholders' Equity (Audited) - USD ($) $ in Thousands | Total | Preferred Stock [Member] | Common Stock [Member] | Additional Paid-in Capital [Member] | Legal Surplus [Member] | Retained Earnings [Member] | Treasury Stock [Member] | Accumulated Other Comprehensive Income (Loss) [Member]
--- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning Balance at Dec. 31, 2013 |  | $ 176,000 | $ 52,707 | $ 538,071 | $ 61,957 | $ 133,629 | $ (80,642) | $ 3,191
Stock-based compensation expense |  |  |  | 1,036 |  |  |  |
Exercised Stock Options |  |  | 55 | 591 |  |  |  |
Reclassification to treasury stock |  |  | (136) |  |  |  |  |
Lapsed restricted stock units |  |  |  | (387) |  |  | 384 |
Transfer from retained earnings/transfer to legal surplus |  |  |  |  | 8,510 | (8,510) |  |
Net income (loss) | $ 85,181 |  |  |  |  | 85,181 |  |
Cash dividends declared on common stock |  |  |  |  |  | (15,286) |  |
Cash dividends declared on preferred stock |  |  |  |  |  | (13,862) |  |
Stock purchased |  |  |  |  |  |  | (16,948) |
Reclassification from common stock |  |  |  |  |  |  | 136 |
Other comprehensive loss, net of tax | 16,520 |  |  |  |  |  |  | 16,520
Ending Balance at Dec. 31, 2014 | 942,197 | 176,000 | 52,626 | 539,311 | 70,467 | 181,152 | (97,070) | 19,711
Stock-based compensation expense |  |  |  | 1,637 |  |  |  |
Exercised Stock Options |  |  | 0 | 0 |  |  |  |
Reclassification to treasury stock |  |  | 0 |  |  |  |  |
Lapsed restricted stock units |  |  |  | (436) |  |  | 641 |
Transfer from retained earnings/transfer to legal surplus |  |  |  |  | (32) | 32 |  |
Net income (loss) | (2,504) |  |  |  |  | (2,504) |  |
Cash dividends declared on common stock |  |  |  |  |  | (15,932) |  |
Cash dividends declared on preferred stock |  |  |  |  |  | (13,862) |  |
Stock purchased |  |  |  |  |  |  | (8,950) |
Reclassification from common stock |  |  |  |  |  |  | 0 |
Other comprehensive loss, net of tax | (5,714) |  |  |  |  |  |  | (5,714)
Ending Balance at Dec. 31, 2015 | 897,077 | 176,000 | 52,626 | 540,512 | 70,435 | 148,886 | (105,379) | 13,997
Stock-based compensation expense |  |  |  | 1,270 |  |  |  |
Exercised Stock Options |  |  | 0 | 0 |  |  |  |
Reclassification to treasury stock |  |  | 0 |  |  |  |  |
Lapsed restricted stock units |  |  |  | (834) |  |  | 519 |
Transfer from retained earnings/transfer to legal surplus |  |  |  |  | 5,858 | (5,858) |  |
Net income (loss) | 59,186 |  |  |  |  | 59,186 |  |
Cash dividends declared on common stock |  |  |  |  |  | (10,544) |  |
Cash dividends declared on preferred stock |  |  |  |  |  | (13,862) |  |
Stock purchased | 0 |  |  |  |  |  | 0 |
Reclassification from common stock |  |  |  |  |  |  | 0 |
Other comprehensive loss, net of tax | (12,401) |  |  |  |  |  |  | (12,401)
Ending Balance at Dec. 31, 2016 | $ 920,411 | $ 176,000 | $ 52,626 | $ 540,948 | $ 76,293 | $ 177,808 | $ (104,860) | $ 1,596

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