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Shareholders' Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Stockholders' Equity Note [Abstract] |
Schedule of Consolidated and Bank Actual Capital and Minimum Required Levels | At December 31, 2023, consolidated and bank actual capital and minimum required levels are presented below:
|  | Actual: |  | Minimum Required For Capital Adequacy Purposes: |  | Minimum Required To Be Well-Capitalized Under Prompt Corrective Action Regulations:
|  | Amount |  | Ratio |  | Amount |  | Ratio ⁽¹⁾ |  | Amount |  | Ratio
Total Capital (to Risk Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 810,391 |  |  | 16.50 | % |  | $ | 392,870 |  |  | 8.00 | % |  | N/A |  | N/A
Bank |  | 723,998 |  |  | 14.76 |  |  | 392,402 |  |  | 8.00 |  |  | $ | 490,503 |  |  | 10.00 | %
Tier 1 (Core) Capital (to Risk Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 735,089 |  |  | 14.97 | % |  | $ | 294,652 |  |  | 6.00 | % |  | N/A |  | N/A
Bank |  | 688,696 |  |  | 14.04 |  |  | 294,302 |  |  | 6.00 |  |  | $ | 392,402 |  |  | 8.00 | %
Common Tier 1 (CET 1) Capital Ratio (to Risk Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 700,260 |  |  | 14.26 | % |  | $ | 220,989 |  |  | 4.50 | % |  | N/A |  | N/A
Bank |  | 688,696 |  |  | 14.04 |  |  | 220,726 |  |  | 4.50 |  |  | $ | 318,827 |  |  | 6.50 | %
Tier 1 (Core) Capital (to Average Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 735,089 |  |  | 11.75 | % |  | $ | 250,162 |  |  | 4.00 | % |  | N/A |  | N/A
Bank |  | 688,696 |  |  | 11.03 |  |  | 249,642 |  |  | 4.00 |  |  | $ | 312,053 |  |  | 5.00 | %
(1) Excludes 2.5% capital conservation buffer. At December 31, 2022, consolidated and bank actual capital and minimum required levels are presented below:
|  | Actual: |  | Minimum Required For Capital Adequacy Purposes: |  | Minimum Required To Be Well-Capitalized Under Prompt Corrective Action Regulations:
|  | Amount |  | Ratio |  | Amount |  | Ratio ⁽¹⁾ |  | Amount |  | Ratio
Total Capital (to Risk Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 747,542 |  |  | 15.45 | % |  | $ | 387,024 |  |  | 8.00 | % |  | N/A |  | N/A
Bank |  | 680,695 |  |  | 14.07 |  |  | 386,959 |  |  | 8.00 |  |  | $ | 483,698 |  |  | 10.00 | %
Tier 1 (Core) Capital (to Risk Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 676,068 |  |  | 13.97 | % |  | $ | 290,268 |  |  | 6.00 | % |  | N/A |  | N/A
Bank |  | 649,221 |  |  | 13.42 |  |  | 290,219 |  |  | 6.00 |  |  | $ | 386,959 |  |  | 8.00 | %
Common Tier 1 (CET 1) Capital Ratio (to Risk Weighted Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 641,690 |  |  | 13.26 | % |  | $ | 217,701 |  |  | 4.50 | % |  | N/A |  | N/A
Bank |  | 649,221 |  |  | 13.42 |  |  | 217,664 |  |  | 4.50 |  |  | $ | 314,404 |  |  | 6.50 | %
Tier 1 (Core) Capital (to Average Assets) |  |  |  |  |  |  |  |  |  |  |  |
Consolidated |  | $ | 676,068 |  |  | 10.50 | % |  | $ | 257,622 |  |  | 4.00 | % |  | N/A |  | N/A
Bank |  | 649,221 |  |  | 10.09 |  |  | 257,341 |  |  | 4.00 |  |  | $ | 321,677 |  |  | 5.00 | %
(1) Excludes 2.5% capital conservation buffer.
Schedule of Restricted Stock and Cash Entitlements Expense | The following table presents expense recorded for restricted stock and cash entitlements as well as the related tax effect for the years ended 2023, 2022, and 2021:
|  | 2023 |  | 2022 |  | 2021
Restricted Stock Expense |  | $ | 2,345 |  |  | $ | 2,308 |  |  | $ | 1,692 |
Cash Entitlement Expense |  | 750 |  |  | 646 |  |  | 732 |
Tax Effect |  | (803) |  |  | (766) |  |  | (629) |
Net of Tax |  | $ | 2,292 |  |  | $ | 2,188 |  |  | $ | 1,795 |
Schedule of Restricted Stock Grants Outstanding | The following table presents information on restricted stock grants outstanding for the period shown:
|  | Year Ended December 31, 2023
|  | Restricted Shares |  | Weighted Average Market Price at Grant
Outstanding at Beginning of Period |  | 74,873 |  |  | $ | 41.05 |
Granted |  | 96,931 |  |  | 33.72 |
Issued and Vested |  | (49,757) |  |  | 40.55 |
Forfeited |  | (5,415) |  |  | 37.20 |
Outstanding at End of Period |  | 116,632 |  |  | 35.34 |

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