XML 15 R6.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
Cumulative Effect, Period of Adoption, Adjustment [Member]
Retained Earnings [Member]
Cumulative Effect, Period of Adoption, Adjustment [Member]
Preferred Stock [Member]
Common Stock Including Additional Paid in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
Total
Balances at Dec. 31, 2020     $ 0 $ 302,029,000 $ 134,039,000 $ 5,486,000 $ 441,554,000
Employee stock purchase plan       35,000     35,000
Dividend reinvestment plan       648,000     648,000
Stock-based compensation expense       1,725,000     1,725,000
Cash dividends         (13,880,000)   (13,880,000)
Net income     47,382,000 47,382,000
Change in net unrealized holding gain/(loss) on securities available for sale, net of tax effect           (5,782,000) (5,782,000)
Stock grants to directors for retainer fees       344,000     344,000
Stock option exercises     50,000 50,000
Share repurchase program       (19,798,000)     (19,798,000)
Balances at Sep. 30, 2021     0 285,033,000 167,541,000 (296,000) 452,278,000
Balances at Jun. 30, 2021     0 293,232,000 157,150,000 1,506,000 451,888,000
Employee stock purchase plan       13,000     13,000
Dividend reinvestment plan       237,000     237,000
Stock-based compensation expense       448,000     448,000
Cash dividends         (4,660,000)   (4,660,000)
Net income         15,051,000   15,051,000
Change in net unrealized holding gain/(loss) on securities available for sale, net of tax effect           (1,802,000) (1,802,000)
Stock option exercises     50,000 50,000
Share repurchase program       (8,947,000)     (8,947,000)
Balances at Sep. 30, 2021     0 285,033,000 167,541,000 (296,000) 452,278,000
Balances (Accounting Standards Update 2016-13 [Member]) at Dec. 31, 2021 $ 316,000 $ 316,000          
Balances at Dec. 31, 2021     0 285,752,000 174,536,000 (3,729,000) 456,559,000
Employee stock purchase plan       33,000     33,000
Dividend reinvestment plan       653,000     653,000
Stock-based compensation expense       2,398,000     2,398,000
Cash dividends         (14,607,000)   (14,607,000)
Net income     39,260,000 39,260,000
Change in net unrealized holding gain/(loss) on securities available for sale, net of tax effect           (68,734,000) (68,734,000)
Stock grants to directors for retainer fees       347,000     347,000
Stock option exercises       36,000     36,000
Balances at Sep. 30, 2022     0 289,219,000 199,505,000 (72,463,000) 416,261,000
Balances at Jun. 30, 2022     0 288,199,000 188,452,000 (47,668,000) 428,983,000
Employee stock purchase plan       12,000     12,000
Dividend reinvestment plan       218,000     218,000
Stock-based compensation expense       790,000     790,000
Cash dividends         (4,977,000)   (4,977,000)
Net income         16,030,000   16,030,000
Change in net unrealized holding gain/(loss) on securities available for sale, net of tax effect           (24,795,000) (24,795,000)
Balances at Sep. 30, 2022     $ 0 $ 289,219,000 $ 199,505,000 $ (72,463,000) $ 416,261,000