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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
Total
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
LINCO Bancshares, Inc.
BBM & Associates, Inc.
Delta Bancshares Company
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
LINCO Bancshares, Inc.
Common Stock
BBM & Associates, Inc.
Common Stock
Delta Bancshares Company
Additional Paid-in Capital
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
LINCO Bancshares, Inc.
Additional Paid-in Capital
BBM & Associates, Inc.
Additional Paid-in Capital
Delta Bancshares Company
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Deferred Compensation
Deferred Compensation
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning Balance at Dec. 31, 2019 $ 526,609,000 $ (717,000) $ 525,892,000       $ 71,152,000 $ 71,152,000       $ 295,925,000 $ 295,925,000       $ 166,667,000 $ (717,000) $ 165,950,000 $ 2,760,000 $ 2,760,000 $ 8,360,000 $ 8,360,000 $ (18,255,000) $ (18,255,000)
Net income 45,270,000                               45,270,000                
Other comprehensive income (loss), net of tax 8,735,000                                         8,735,000      
Dividends on common stock (13,494,000)                               (13,494,000)                
Issuance of common shares pursuant to the dividend reinvestment plan 680,000           102,000         578,000                          
Issuance of common shares pursuant to the deferred compensation plan 365,000           52,000         313,000                          
Issuance of restricted shares pursuant to the 2017 Stock Incentive Plan 857,000           99,000         758,000                          
Issuance of common shares pursuant to the employee stock purchase plan 245,000           44,000         201,000                          
Purchase of treasury shares (213,000)                                             (213,000)  
Deferred compensation                                       360,000       (360,000)  
Tax benefit related to deferred compensation distributions 22,000                     22,000                          
Grant of restricted stock units pursuant to the 2017 stock incentive plan 584,000                     584,000                          
Release of restricted stock units pursuant to the 2017 stock incentive plan (516,000)                     (516,000)                          
Vested restricted shares/units compensation expense (199,000)                     (59,000)               (140,000)          
Ending Balance at Dec. 31, 2020 568,228,000           71,449,000         297,806,000         197,726,000     2,980,000   17,095,000   (18,828,000)  
Net income 51,490,000                               51,490,000                
Other comprehensive income (loss), net of tax (17,926,000)                                         (17,926,000)      
Dividends on common stock (15,054,000)                               (15,054,000)                
Issuance of common shares pursuant to the dividend reinvestment plan 333,000           32,000         301,000                          
Issuance of common shares pursuant to the deferred compensation plan 351,000           38,000         313,000                          
Issuance of restricted shares pursuant to the 2017 Stock Incentive Plan 928,000           111,000         817,000                          
Issuance of 2,375 common shares pursuant to the 2017 stock incentive plan 85,000           10,000         75,000                          
Issuance of shares pursuant to the acquisition       $ 44,191,000 $ 1,109,000       $ 5,049,000 $ 100,000       $ 39,142,000 $ 1,009,000                    
Issuance costs pursuant to acquisition of Delta Bancshares Company           $ (206,000)                   $ (206,000)                  
Issuance of common shares pursuant to the employee stock purchase plan 391,000           46,000         345,000                          
Purchase of treasury shares (326,000)                                             (326,000)  
Deferred compensation                                       54,000       (54,000)  
Grant of restricted stock units pursuant to the 2017 stock incentive plan 1,216,000                     1,216,000                          
Release of restricted stock units pursuant to the 2017 stock incentive plan (584,000)                     (584,000)                          
Vested restricted shares/units compensation expense (332,000)                     185,000               (517,000)          
Ending Balance at Dec. 31, 2021 633,894,000           76,835,000         340,419,000         234,162,000     2,517,000   (831,000)   (19,208,000)  
Net income 72,952,000                               72,952,000                
Other comprehensive income (loss), net of tax (150,676,000)                                         (150,676,000)      
Dividends on common stock (17,830,000)                               (17,830,000)                
Issuance of common shares pursuant to the deferred compensation plan 331,000           34,000         297,000                          
Issuance of restricted shares pursuant to the 2017 Stock Incentive Plan 2,229,000           216,000         2,013,000                          
Issuance of 2,375 common shares pursuant to the 2017 stock incentive plan 199,000           20,000         179,000                          
Issuance of shares pursuant to the acquisition           92,172,000         $ 9,169,000         83,003,000                  
Issuance costs pursuant to acquisition of Delta Bancshares Company           $ (29,000)                   $ (29,000)                  
Issuance of common shares pursuant to the employee stock purchase plan 713,000           92,000         621,000                          
Purchase of treasury shares (340,000)                                             (340,000)  
Deferred compensation (2,542,000)                                     (2,037,000)       (505,000)  
Grant of restricted stock units pursuant to the 2017 stock incentive plan 1,529,000                     1,529,000                          
Release of restricted stock units pursuant to the 2017 stock incentive plan (1,216,000)                     (1,216,000)                          
Vested restricted shares/units compensation expense 1,769,000                     185,000               1,584,000          
Ending Balance at Dec. 31, 2022 $ 633,155,000           $ 86,366,000         $ 427,001,000         $ 289,284,000     $ 2,064,000   $ (151,507,000)   $ (20,053,000)