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CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
$ in Thousands
Total
Premier Financial Bancorp, Inc.
Common Shares
Common Shares
Premier Financial Bancorp, Inc.
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Beginning balance at Dec. 31, 2022 $ 785,328   $ 686,450   $ 265,936 $ (127,136) $ (39,922)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 47,656       47,656    
Other comprehensive loss, net of tax 8,216         8,216  
Cash dividends declared (24,147)       (24,147)    
Reissuance of treasury stock for common share awards 0   (5,410)       5,410
Reissuance of treasury stock for deferred compensation plan for Boards of Directors 115           115
Repurchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors (1,054)           (1,054)
Common shares issued under dividend reinvestment plan 752   752        
Common shares issued under compensation plan for Boards of Directors 271   19       252
Common shares issued under employee stock purchase plan 682   61       621
Stock-based compensation 3,159   3,159        
Issuance of common shares related to merger with Limestone Bancorp, Inc.   $ 177,929   $ 177,929      
Ending balance at Jun. 30, 2023 998,907   862,960   289,445 (118,920) (34,578)
Beginning balance at Mar. 31, 2023 819,543   684,367   281,771 (110,979) (35,616)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 21,096       21,096    
Other comprehensive loss, net of tax (7,941)         (7,941)  
Cash dividends declared (13,422)       (13,422)    
Reissuance of treasury stock for common share awards 0   (725)       725
Reissuance of treasury stock for deferred compensation plan for Boards of Directors 115           115
Repurchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors (134)           (134)
Common shares issued under dividend reinvestment plan 350   350        
Common shares issued under compensation plan for Boards of Directors 135   11       124
Common shares issued under employee stock purchase plan 227   19       208
Stock-based compensation 1,009   1,009        
Issuance of common shares related to merger with Limestone Bancorp, Inc.   $ 177,929   $ 177,929      
Ending balance at Jun. 30, 2023 998,907   862,960   289,445 (118,920) (34,578)
Beginning balance at Dec. 31, 2023 1,053,534   865,227   327,237 (101,590) (37,340)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 58,591       58,591    
Other comprehensive loss, net of tax (8,603)         (8,603)  
Cash dividends declared (27,942)       (27,942)    
Reissuance of treasury stock for common share awards 0   (6,598)       6,598
Reissuance of treasury stock for deferred compensation plan for Boards of Directors 342           342
Repurchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors (1,051)           (1,051)
Common shares repurchased under share repurchase program (3,000)           (3,000)
Common shares issued under dividend reinvestment plan 874   874        
Common shares issued under compensation plan for Boards of Directors 261   42       219
Common shares issued under employee stock purchase plan 491   94       397
Stock-based compensation 4,336   4,336        
Ending balance at Jun. 30, 2024 1,077,833   863,975   357,886 (110,193) (33,835)
Beginning balance at Mar. 31, 2024 1,062,002   861,925   343,076 (108,940) (34,059)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 29,007       29,007    
Other comprehensive loss, net of tax (1,253)         (1,253)  
Cash dividends declared (14,197)       (14,197)    
Reissuance of treasury stock for common share awards 0   264       (264)
Reissuance of treasury stock for deferred compensation plan for Boards of Directors 342           342
Repurchase of treasury stock in connection with employee incentive program and compensation plan for Boards of Directors (182)           (182)
Common shares issued under dividend reinvestment plan 419   419        
Common shares issued under compensation plan for Boards of Directors 123   21       102
Common shares issued under employee stock purchase plan 260   34       226
Stock-based compensation 1,312   1,312        
Ending balance at Jun. 30, 2024 $ 1,077,833   $ 863,975   $ 357,886 $ (110,193) $ (33,835)