v3.21.1
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Cumulative effect adjustment
 [1]
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Cumulative effect adjustment
 [1]
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2019 $ 508,982 $ (5,362) $ 16,581 $ 297,390 $ 201,105 $ (5,362) $ (10,466) $ 4,372
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (1,975)       (1,975)      
Other comprehensive (loss) 2,505             2,505
Acquisition fair value finalization [2] 2,355     2,355        
Release/lapse of restriction on RSUs (127)     (679)     552  
Repurchase of common stock (2,604)           (2,604)  
Share-based compensation 346     346        
Dividends paid on common stock (3,556)       (3,556)      
Ending balance at Mar. 31, 2020 $ 500,564   16,581 299,412 190,212   (12,518) 6,877
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Accounting standards update us-gaap:AccountingStandardsUpdate201613Member              
Beginning balance at Dec. 31, 2020 $ 515,250   16,581 300,137 188,191   (14,251) 24,592
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 21,648       21,648      
Other comprehensive (loss) (20,552)             (20,552)
Release/lapse of restriction on RSUs (113)     (774) (11)   672  
Repurchase of common stock (1,699)           (1,699)  
Share-based compensation 384     384        
Dividends paid on common stock (3,598)       (3,598)      
Ending balance at Mar. 31, 2021 $ 511,320   $ 16,581 $ 299,747 $ 206,230   $ (15,278) $ 4,040
[1] Reclassification pursuant to adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.
[2] Relates to the finalization of the purchase accounting adjustments for the ATBancorp acquisition. This purchase accounting adjustment had a $2.06 million impact on goodwill, $296 thousand impact on deferred income taxes, with the offsetting impact being to additional paid-in capital.