XML 17 R6.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statement of Changes in Stockholders' Equity - USD ($)
$ in Thousands
Additional Paid-In Capital [Member]
Adjusted Balance [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Effect of Adopting ASU No. 2016-13 ("CECL") [Member]
Retained Earnings [Member]
Adjusted Balance [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Adjusted Balance [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Adjusted Balance [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Effect of Adopting ASU No. 2016-13 ("CECL") [Member]
Adjusted Balance [Member]
Total
Beginning balance at Dec. 31, 2021   $ 222,850     $ 81,171   $ (31,125)   $ 1,128     $ 274,024
Net income         33,507             33,507
Other comprehensive income                 (7,277)     (7,277)
Exercise of stock options   3                   3
Stock-based compensation expense   458                   458
Treasury stock purchases             (1,998)         (1,998)
Dividends payable on noncumulative perpetual preferred stock         (624)             (624)
Redemption of Series Preferred Stock   (14,730)                   (14,730)
Issuance of Series I Preferred Stock   6,809                   6,809
Cash dividends on common stock (per share declared)         (7,809)             (7,809)
Dividend reinvestment plan   351     (351)              
Stock purchase plan   319                   319
Ending balance at Sep. 30, 2022   216,060     105,894   (33,123)   (6,149)     282,682
Beginning balance at Dec. 31, 2021   222,850     81,171   (31,125)   1,128     274,024
Net income         23,421             23,421
Ending balance at Dec. 31, 2022 $ 217,167 217,167 $ 2,870 $ 117,979 115,109 $ (34,531) (34,531) $ (6,491) (6,491) $ 2,870 $ 294,124 291,254
Beginning balance at Jun. 30, 2022   211,130     95,393   (31,889)   (2,997)     271,637
Net income         13,392             13,392
Other comprehensive income                 (3,152)     (3,152)
Exercise of stock options   3                   3
Stock-based compensation expense   267                   267
Treasury stock purchases             (1,234)         (1,234)
Dividends payable on noncumulative perpetual preferred stock         (174)             (174)
Issuance of Series I Preferred Stock   4,439                   4,439
Cash dividends on common stock (per share declared)         (2,596)             (2,596)
Dividend reinvestment plan   121     (121)              
Stock purchase plan   100                   100
Ending balance at Sep. 30, 2022   216,060     105,894   (33,123)   (6,149)     282,682
Beginning balance at Dec. 31, 2022 $ 217,167 217,167 $ 2,870 $ 117,979 115,109 $ (34,531) (34,531) $ (6,491) (6,491) $ 2,870 $ 294,124 291,254
Net income                       23,421
Other comprehensive income                 (3,135)     (3,135)
Exercise of stock options   418                   418
Stock-based compensation expense   402                   402
Treasury stock purchases             (3,816)         (3,816)
Dividends payable on noncumulative perpetual preferred stock         (520)             (520)
Redemption of Series Preferred Stock   (220)                   (220)
Cash dividends on common stock (per share declared)         (7,864)             (7,864)
Dividend reinvestment plan   287     (287)              
Stock purchase plan   826                   826
Ending balance at Sep. 30, 2023   218,880     132,729   (38,347)   (9,626)     303,636
Beginning balance at Jun. 30, 2023   218,524     128,867   (38,347)   (9,421)     299,623
Net income         6,711             6,711
Other comprehensive income                 (205)     (205)
Stock-based compensation expense   185                   185
Dividends payable on noncumulative perpetual preferred stock         (173)             (173)
Redemption of Series Preferred Stock   (220)                   (220)
Cash dividends on common stock (per share declared)         (2,584)             (2,584)
Dividend reinvestment plan   92     (92)              
Stock purchase plan   299                   299
Ending balance at Sep. 30, 2023   $ 218,880     $ 132,729   $ (38,347)   $ (9,626)     $ 303,636