XML 64 R6.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
Preferred Stock [Member]
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balances at Dec. 31, 2016 $ 0 $ 305,488,000 $ 40,904,000 $ (5,581,000) $ 340,811,000
Employee stock purchase plan 46,000 46,000
Dividend reinvestment plan 1,576,000 1,576,000
Stock option exercises 318,000 318,000
Stock grants to directors for retainer fees 363,000 363,000
Stock-based compensation expense 1,981,000 1,981,000
Cash dividends (12,046,000) (12,046,000)
Net income 31,274,000 31,274,000
Change in net unrealized gain/(loss) on securities available for sale, net of tax effect 1,493,000 1,493,000
Reclassification of stranded tax effect related to available for sale securities resulting from Tax Cuts and Jobs Act 869,000 (869,000) 0
Change in fair value of interest rate swap, net of tax effect 54,000 54,000
Balances at Dec. 31, 2017 0 309,772,000 61,001,000 (4,903,000) 365,870,000
Employee stock purchase plan   52,000     52,000
Dividend reinvestment plan   1,165,000     1,165,000
Stock option exercises   108,000     108,000
Stock grants to directors for retainer fees   441,000     441,000
Stock-based compensation expense   2,410,000     2,410,000
Cash dividends     (27,500,000)   (27,500,000)
Net income     42,024,000   42,024,000
Change in net unrealized gain/(loss) on securities available for sale, net of tax effect       (3,379,000) (3,379,000)
Change in fair value of interest rate swap, net of tax effect       1,000 1,000
Reclassification of equity securities related to ASU 2016-01 adoption (42,000) 42,000 0
Share repurchase program   (5,943,000)     (5,943,000)
Balances at Dec. 31, 2018 0 308,005,000 75,483,000 (8,239,000) 375,249,000
Employee stock purchase plan 50,000 50,000
Dividend reinvestment plan 729,000 729,000
Stock option exercises 128,000 128,000
Stock grants to directors for retainer fees 375,000 375,000
Stock-based compensation expense 2,931,000 2,931,000
Cash dividends (17,108,000) (17,108,000)
Net income 49,456,000 49,456,000
Change in net unrealized gain/(loss) on securities available for sale, net of tax effect 11,934,000 11,934,000
Share repurchase program (7,183,000) (7,183,000)
Balances at Dec. 31, 2019 $ 0 $ 305,035,000 $ 107,831,000 $ 3,695,000 $ 416,561,000