XML 17 R6.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY—(UNAUDITED) - USD ($)
$ in Thousands
Total
Preferred stock
Common stock
Capital surplus
Retained earnings
Accumulated other comprehensive income (loss)
Beginning Balance at Dec. 31, 2023 $ 715,113 $ 110,548 $ 216 $ 435,463 $ 245,639 $ (76,753)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 48,382       48,382  
Other comprehensive (loss) income (5,828)         (5,828)
Common dividends declared (13,536)       (13,536)  
Preferred dividends declared (4,456)       (4,456)  
Common stock repurchased (4,970)   (2) (4,968)    
Share-based compensation expense 1,406     1,406    
Issuance of common stock under employee benefit plans 668   0 668    
Ending Balance at Jun. 30, 2024 736,779 110,548 214 432,569 276,029 (82,581)
Beginning Balance at Mar. 31, 2024 723,044 110,548 215 434,398 259,302 (81,419)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 25,719       25,719  
Other comprehensive (loss) income (1,162)         (1,162)
Common dividends declared (6,764)       (6,764)  
Preferred dividends declared (2,228)       (2,228)  
Common stock repurchased (3,026)   (1) (3,025)    
Share-based compensation expense 705     705    
Issuance of common stock under employee benefit plans 491   0 491    
Ending Balance at Jun. 30, 2024 736,779 110,548 214 432,569 276,029 (82,581)
Beginning Balance at Dec. 31, 2024 710,847 110,548 215 434,346 247,698 (81,960)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) (128,950)       (128,950)  
Other comprehensive (loss) income 7,972         7,972
Common dividends declared (13,567)       (13,567)  
Preferred dividends declared (4,456)       (4,456)  
Share-based compensation expense 1,534     1,534    
Issuance of common stock under employee benefit plans 325     325    
Ending Balance at Jun. 30, 2025 573,705 110,548 215 436,205 100,725 (73,988)
Beginning Balance at Mar. 31, 2025 571,437 110,548 215 435,299 97,714 (72,339)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 12,024       12,024  
Other comprehensive (loss) income (1,649)         (1,649)
Common dividends declared (6,785)       (6,785)  
Preferred dividends declared (2,228)       (2,228)  
Share-based compensation expense 750     750    
Issuance of common stock under employee benefit plans 156     156    
Ending Balance at Jun. 30, 2025 $ 573,705 $ 110,548 $ 215 $ 436,205 $ 100,725 $ (73,988)