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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common stock amount
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Treasury stock
Balance at beginning of period at Dec. 31, 2016 $ 156,740 $ 13,577 $ 23,027 $ 130,489 $ (4,326) $ (6,027)
Comprehensive income:            
Net income 25,993     25,993    
Other comprehensive income loss (228)       (228)  
Total comprehensive income 25,765     25,993 (228)  
Cash dividends declared (11,505)     (11,505)    
Acquisition of Lake Sunapee Bank Group 181,919 8,328 173,591      
Treasury stock purchased (282)         (282)
Net issuance to employee stock plans, including related tax effects 746   (222)     968
Three-for-two stock split (16) 10,952 (10,968)      
Recognition of stock based compensation 1,274   1,274      
Balance at end of period at Dec. 31, 2017 354,641 32,857 186,702 144,977 (4,554) (5,341)
Comprehensive income:            
Net income 32,937     32,937    
Other comprehensive income loss (6,268)       (6,268)  
Total comprehensive income 26,669     32,937 (6,268)  
Cash dividends declared (12,184)     (12,184)    
Treasury stock purchased (324)         (324)
Net issuance to employee stock plans, including related tax effects 615   (395)     1,010
Modified retrospective basis adoption of Revenue Recognition Accounting Codification Standard 606 (184)     (184)    
Reclassification of the income tax effects of the Tax Cuts and Jobs Act from accumulated other comprehensive income for adoption of ASU 2018-02       980 (980)  
Recognition of stock based compensation 1,346   1,346      
Balance at end of period at Dec. 31, 2018 370,579 32,857 187,653 166,526 (11,802) (4,655)
Comprehensive income:            
Net income 22,620     22,620    
Other comprehensive income loss 15,713       15,713  
Total comprehensive income 38,333     22,620 15,713  
Cash dividends declared (13,366)     (13,366)    
Treasury stock purchased (239)         (239)
Net issuance to employee stock plans, including related tax effects (273)   (490)     217
Recognition of stock based compensation 1,373   1,373      
Balance at end of period at Dec. 31, 2019 $ 396,407 $ 32,857 $ 188,536 $ 175,780 $ 3,911 $ (4,677)