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Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Total
LINCO Bancshares, Inc.
Common Stock
Common Stock
LINCO Bancshares, Inc.
Additional Paid-in Capital
Additional Paid-in Capital
LINCO Bancshares, Inc.
Retained Earnings
Deferred Compensation
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning 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 (Loss) 34,374,000           34,374,000      
Other comprehensive Income (loss), net tax (127,409,000)               (127,409,000)  
Cash dividends on common stock (8,456,000)           (8,456,000)      
Issuance of common shares pursuant to the deferred compensation plan 331,000   34,000   297,000          
Issuance of restricted shares pursuant to the stock incentive plan 2,259,000   219,000   2,040,000          
Issuance of common shares pursuant to 2017 stock incentive plan 199,000   20,000   179,000          
Issuance of common shares pursuant to the employee stock purchase plan 293,000   33,000   260,000          
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)          
Purchase of shares of treasury stock (11,000)                 (11,000)
Deferred compensation (2,571,000)             (2,372,000)   (199,000)
Grant of restricted units pursuant to 2017 stock incentive plan 1,529,000       1,529,000          
Release of restricted units pursuant to 2017 stock incentive plan (1,216,000)       (1,216,000)          
Vested restricted shares/units compensation expense 909,000       80,000     829,000    
Ending balance at Jun. 30, 2022 626,268,000   86,310,000   426,562,000   260,080,000 974,000 (128,240,000) (19,418,000)
Beginning balance at Mar. 31, 2022 666,385,000   86,264,000   426,148,000   246,805,000 468,000 (74,028,000) (19,272,000)
Net Income (Loss) 17,758,000           17,758,000      
Other comprehensive Income (loss), net tax (54,212,000)               (54,212,000)  
Cash dividends on common stock (4,483,000)           (4,483,000)      
Issuance of common shares pursuant to the deferred compensation plan 250,000   26,000   224,000          
Issuance of common shares pursuant to the employee stock purchase plan 169,000   20,000   149,000          
Deferred compensation               146,000   (146,000)
Vested restricted shares/units compensation expense 401,000       41,000     360,000    
Ending balance at Jun. 30, 2022 626,268,000   86,310,000   426,562,000   260,080,000 974,000 (128,240,000) (19,418,000)
Beginning 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)
Net Income (Loss) 35,747,000           35,747,000      
Other comprehensive Income (loss), net tax (59,000)               (59,000)  
Cash dividends on common stock (9,395,000)           (9,395,000)      
Issuance of restricted shares pursuant to the stock incentive plan, net of forfeitures 1,622,000   218,000   1,404,000          
Issuance of common shares pursuant to 2017 stock incentive plan 120,000   17,000   103,000          
Issuance of common shares pursuant to the employee stock purchase plan 429,000   69,000   360,000          
Purchase of shares of treasury stock (5,000)                 (5,000)
Deferred compensation (1,190,000)             (1,189,000)   (1,000)
Grant of restricted units pursuant to 2017 stock incentive plan 1,048,000       1,048,000          
Release of restricted units pursuant to 2017 stock incentive plan (1,529,000)       (1,529,000)          
Vested restricted shares/units compensation expense 744,000       117,000     627,000    
Ending balance at Jun. 30, 2023 660,687,000   86,670,000   428,504,000   315,636,000 1,502,000 (151,566,000) (20,059,000)
Beginning balance at Mar. 31, 2023 661,865,000   86,636,000   428,283,000   303,768,000 963,000 (137,901,000) (19,884,000)
Net Income (Loss) 16,567,000           16,567,000      
Other comprehensive Income (loss), net tax (13,665,000)               (13,665,000)  
Cash dividends on common stock (4,699,000)           (4,699,000)      
Forfeiture of restricted shares pursuant to the 2017 stock incentive plan (22,000)   (3,000)   (19,000)          
Issuance of common shares pursuant to the employee stock purchase plan 213,000   37,000   176,000          
Deferred compensation (9,000)             166,000   (175,000)
Vested restricted shares/units compensation expense 437,000       64,000     373,000    
Ending balance at Jun. 30, 2023 $ 660,687,000   $ 86,670,000   $ 428,504,000   $ 315,636,000 $ 1,502,000 $ (151,566,000) $ (20,059,000)