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Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Total
LINCO Bancshares, Inc.
Blackhawk Bancorp, Inc
Common Stock
Common Stock
LINCO Bancshares, Inc.
Common Stock
Blackhawk Bancorp, Inc
Additional Paid-in Capital
Additional Paid-in Capital
LINCO Bancshares, Inc.
Additional Paid-in Capital
Blackhawk Bancorp, 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) 52,313,000                 52,313,000      
Other comprehensive Income (loss), net tax (166,832,000)                     (166,832,000)  
Cash dividends on common stock (13,140,000)                 (13,140,000)      
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 2,250,000     218,000     2,032,000            
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 478,000     58,000     420,000            
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 (2,563,000)                   (2,206,000)   (357,000)
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 1,340,000           133,000       1,207,000    
Ending balance at Sep. 30, 2022 600,715,000     86,334,000     426,767,000     273,335,000 1,518,000 (167,663,000) (19,576,000)
Beginning 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)
Net Income (Loss) 17,939,000                 17,939,000      
Other comprehensive Income (loss), net tax (39,423,000)                     (39,423,000)  
Cash dividends on common stock (4,684,000)                 (4,684,000)      
Issuance of common shares pursuant to the deferred compensation plan (9,000)     (1,000)     (8,000)            
Issuance of common shares pursuant to the employee stock purchase plan 185,000     25,000     160,000            
Deferred compensation (8,000)                   166,000   (158,000)
Vested restricted shares/units compensation expense 431,000           53,000       378,000    
Ending balance at Sep. 30, 2022 600,715,000     86,334,000     426,767,000     273,335,000 1,518,000 (167,663,000) (19,576,000)
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) 50,864,000                 50,864,000      
Other comprehensive Income (loss), net tax (27,396,000)                     (27,396,000)  
Cash dividends on common stock (14,096,000)                 (14,096,000)      
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 667,000     115,000     552,000            
Issuance of shares pursuant to the acquisition     $ 93,508,000     $ 13,161,000     $ 80,347,000        
Purchase of shares of treasury stock (5,000)                       (5,000)
Deferred compensation (1,223,000)                   (1,036,000)   (187,000)
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 1,213,000           169,000       1,044,000    
Ending balance at Sep. 30, 2023 737,948,000     99,877,000     509,095,000     326,052,000 2,072,000 (178,903,000) (20,245,000)
Beginning 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)
Net Income (Loss) 15,117,000                 15,117,000      
Other comprehensive Income (loss), net tax (27,337,000)                     (27,337,000)  
Cash dividends on common stock (4,701,000)                 (4,701,000)      
Issuance of common shares pursuant to the employee stock purchase plan 238,000     46,000     192,000            
Issuance of shares pursuant to the acquisition     $ 93,508,000     $ 13,161,000     $ 80,347,000        
Deferred compensation (33,000)                   153,000   (186,000)
Vested restricted shares/units compensation expense 469,000           52,000       417,000    
Ending balance at Sep. 30, 2023 $ 737,948,000     $ 99,877,000     $ 509,095,000     $ 326,052,000 $ 2,072,000 $ (178,903,000) $ (20,245,000)