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Stockholders' Equity | 3 Months Ended
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Mar. 31, 2021
Equity [Abstract] |
Stockholders’ Equity | Stockholders’ Equity Total stockholders’ equity at March 31, 2021 was $2.05 billion, compared to $2.05 billion at December 31, 2020. In March 2020, the Company completed the $50.0 million repurchase plan though the repurchase of 2,716,034 shares of common stock totaling $36.2 million. There were no shares repurchased during the three months ended March 31, 2021. As of March 31, 2021, the Company had repurchased a total of 12,661,581 shares of its common stock totaling $200.0 million as part of all previous repurchase programs that were authorized by the Company’s Board of Directors. For the three months ended March 31, 2021 and 2020, the Company paid dividends of $0.14 per common share. The following table presents the quarterly changes to accumulated other comprehensive income for the three months ended March 31, 2021 and 2020:
|  |  | Three Months Ended,
|  |  |  |  | March 31, 2021 |  | March 31, 2020
|  |  |  | (Dollars in thousands)
Balance at beginning of period |  |  |  |  | $ | 32,753 |  |  | $ | 9,149 |
Unrealized gain on securities available for sale |  |  |  |  | (40,803) |  |  | 38,853 |
Unrealized loss on interest rate swaps used for cash flow hedge |  |  |  |  | 602 |  |  | — |
Reclassification adjustments for net gains realize in net income |  |  |  |  | 66 |  |  | — |
Tax effect |  |  |  |  | 12,605 |  |  | (11,553) |
Total other comprehensive (loss) income |  |  |  |  | $ | (27,530) |  |  | $ | 27,300 |
Balance at end of period |  |  |  |  | $ | 5,223 |  |  | $ | 36,449 |
Reclassifications for net gains realized in net income for the three months ended March 31, 2021 relate to net gains on interest rate swaps used for cash flow hedges. Gains on interest rate swaps are recorded in noninterest income under other income and fee in the Consolidated Statements of Income. For the three months ended March 31, 2021 and 2020, the Company recorded reclassification adjustments of $66 thousand and $0, respectively, from other comprehensive income to gains from cash flow hedge relationships.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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