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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common stock
Additional paid-in capital
Legal surplus
Retained earnings
Treasury stock
Accumulated other comprehensive (loss) income, net of tax
Preferred stock
Balance at beginning of year at Dec. 31, 2020     $ 622,652 $ 103,269 $ 300,096 $ (102,949) $ 11,022 $ 92,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Redemption of preferred stock               (92,000)
Stock-based compensation expense     6,245          
Lapsed restricted stock units     (1,966)     2,249    
Redemption of preferred stock, issuance costs     10,130   (10,130)      
Transfer from retained earnings       14,408        
Net income $ 146,151       146,151      
Cash dividends declared on common stock [1]         (20,505)      
Cash dividends declared on preferred stock         (1,255)      
Transfer to legal surplus         (14,408)      
Stocks repurchased (49,872)         (49,872)    
Lapsed restricted stock units and options     (1,966)     2,249    
Other comprehensive loss, net of tax (5,862)           (5,862)  
Balance at end of year at Dec. 31, 2021 1,069,160 $ 59,885 637,061 117,677 399,949 (150,572) 5,160 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Redemption of preferred stock               0
Stock-based compensation expense     4,185          
Lapsed restricted stock units     (4,453)     3,547    
Redemption of preferred stock, issuance costs     0   0      
Transfer from retained earnings       16,224        
Net income 166,239       166,239      
Cash dividends declared on common stock [1]         (33,593)      
Cash dividends declared on preferred stock         0      
Transfer to legal surplus         (16,224)      
Stocks repurchased (64,110)         (64,110)    
Lapsed restricted stock units and options     (4,453)     3,547    
Other comprehensive loss, net of tax (98,569)           (98,569)  
Balance at end of year at Dec. 31, 2022 1,042,406 59,885 636,793 133,901 516,371 (211,135) (93,409) 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Redemption of preferred stock               0
Stock-based compensation expense     5,001          
Lapsed restricted stock units     (3,127)     1,438    
Redemption of preferred stock, issuance costs     0   0      
Transfer from retained earnings       17,066        
Net income 181,872       181,872      
Cash dividends declared on common stock [1]         (41,853)      
Cash dividends declared on preferred stock         0      
Transfer to legal surplus 17,100       (17,066)      
Stocks repurchased (18,653)         (18,653)    
Lapsed restricted stock units and options     (3,127)     1,438    
Other comprehensive loss, net of tax 26,396           26,396  
Balance at end of year at Dec. 31, 2023 $ 1,193,480 $ 59,885 $ 638,667 $ 150,967 $ 639,324 $ (228,350) $ (67,013) $ 0
[1] Dividends declared per common share during 2023 - $0.88 (2022 - $0.70; 2021 - $0.40).