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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Common Stock
Retained Earnings
Accumulated Other Comprehensive Loss
Total
Balance at Dec. 31, 2021 $ 497,695 $ 111,329 $ (10,996) $ 598,028
Balance (in shares) at Dec. 31, 2021 60,339,837      
Increase (Decrease) in Shareholders' Equity        
Net income   12,866   12,866
Other comprehensive income (loss)     (3,058) (3,058)
Amortization of restricted stock awards, net of forfeitures and taxes $ 518     518
Cash dividend declared   (7,848)   (7,848)
Stock option expense, net of forfeitures and taxes 149     149
Stock options exercised $ 401     401
Stock options exercised (in shares) 68,009      
Balance at Mar. 31, 2022 $ 498,763 116,347 (14,054) 601,056
Balance (in shares) at Mar. 31, 2022 60,407,846      
Balance at Dec. 31, 2021 $ 497,695 111,329 (10,996) 598,028
Balance (in shares) at Dec. 31, 2021 60,339,837      
Increase (Decrease) in Shareholders' Equity        
Net income       45,756
Other comprehensive income (loss)     (14,216) (14,216)
Balance at Sep. 30, 2022 $ 501,240 133,489 (25,212) 609,517
Balance (in shares) at Sep. 30, 2022 60,716,794      
Balance at Mar. 31, 2022 $ 498,763 116,347 (14,054) 601,056
Balance (in shares) at Mar. 31, 2022 60,407,846      
Increase (Decrease) in Shareholders' Equity        
Net income   14,821   14,821
Other comprehensive income (loss)     (1,864) (1,864)
Issuance (forfeitures) of restricted stock awards, net (in shares) 189,305      
Amortization of restricted stock awards, net of forfeitures and taxes $ 477     477
Cash dividend declared   (7,858)   (7,858)
Stock option expense, net of forfeitures and taxes 144     144
Stock options exercised $ 448     448
Stock options exercised (in shares) 69,643      
Balance at Jun. 30, 2022 $ 499,832 123,310 (15,918) 607,224
Balance (in shares) at Jun. 30, 2022 60,666,794      
Increase (Decrease) in Shareholders' Equity        
Net income   18,069   18,069
Other comprehensive income (loss)     (9,294) (9,294)
Issuance (forfeitures) of restricted stock awards, net (in shares) 37,000      
Amortization of restricted stock awards, net of forfeitures and taxes $ 1,234     1,234
Cash dividend declared   (7,890)   (7,890)
Stock option expense, net of forfeitures and taxes 153     153
Stock options exercised $ 21     21
Stock options exercised (in shares) 13,000      
Balance at Sep. 30, 2022 $ 501,240 133,489 (25,212) 609,517
Balance (in shares) at Sep. 30, 2022 60,716,794      
Balance at Dec. 31, 2022 $ 502,923 146,389 (16,856) 632,456
Balance (in shares) at Dec. 31, 2022 60,852,723      
Increase (Decrease) in Shareholders' Equity        
Net income   18,917   18,917
Other comprehensive income (loss)     2,539 2,539
Amortization of restricted stock awards, net of forfeitures and taxes $ 382     382
Cash dividend declared   (7,916)   (7,916)
Stock option expense, net of forfeitures and taxes 147     147
Stock options exercised $ 683     683
Stock options exercised (in shares) 95,884      
Balance at Mar. 31, 2023 $ 504,135 157,390 (14,317) 647,208
Balance (in shares) at Mar. 31, 2023 60,948,607      
Balance at Dec. 31, 2022 $ 502,923 146,389 (16,856) 632,456
Balance (in shares) at Dec. 31, 2022 60,852,723      
Increase (Decrease) in Shareholders' Equity        
Net income       51,115
Other comprehensive income (loss)     (613) (613)
Balance at Sep. 30, 2023 $ 505,692 173,707 (17,469) 661,930
Balance (in shares) at Sep. 30, 2023 61,099,155      
Balance at Mar. 31, 2023 $ 504,135 157,390 (14,317) 647,208
Balance (in shares) at Mar. 31, 2023 60,948,607      
Increase (Decrease) in Shareholders' Equity        
Net income   16,403   16,403
Other comprehensive income (loss)     (2,941) (2,941)
Issuance (forfeitures) of restricted stock awards, net (in shares) 65,446      
Forfeiture of restricted stock awards, net
Amortization of restricted stock awards, net of forfeitures and taxes 376     376
Cash dividend declared   (7,940)   (7,940)
Restricted stock units ("RSUs") and performance-based restricted stock units ("PRSUs") expense, net of taxes 96     96
Stock option expense, net of forfeitures and taxes 154     154
Stock options exercised $ 314     314
Stock options exercised (in shares) 77,102      
Balance at Jun. 30, 2023 $ 505,075 165,853 (17,258) 653,670
Balance (in shares) at Jun. 30, 2023 61,091,155      
Increase (Decrease) in Shareholders' Equity        
Net income   15,795   15,795
Other comprehensive income (loss)     (211) (211)
Issuance (forfeitures) of restricted stock awards, net (in shares) 8,000      
Amortization of restricted stock awards, net of forfeitures and taxes $ 321     321
Cash dividend declared   (7,941)   (7,941)
Restricted stock units ("RSUs") and performance-based restricted stock units ("PRSUs") expense, net of taxes 148     148
Stock option expense, net of forfeitures and taxes 148     148
Balance at Sep. 30, 2023 $ 505,692 $ 173,707 $ (17,469) $ 661,930
Balance (in shares) at Sep. 30, 2023 61,099,155