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Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
LINCO Bancshares, Inc.
BBM & Associates, Inc.
Delta Bancshares Company
Common Stock
Common Stock
LINCO Bancshares, Inc.
Common Stock
BBM & Associates, Inc.
Common Stock
Delta Bancshares Company
Additional Paid-in Capital
Additional Paid-in Capital
LINCO Bancshares, Inc.
Additional Paid-in Capital
BBM & Associates, Inc.
Additional Paid-in Capital
Delta Bancshares Company
Retained Earnings
Deferred Compensation
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Beginning balance at Dec. 31, 2020 $ 568,228       $ 71,449       $ 297,806       $ 197,726 $ 2,980 $ 17,095 $ (18,828)
Net income 16,330                       16,330      
Other comprehensive Income (loss) net tax (8,314)                           (8,314)  
Cash dividends on common stock (7,122)                       (7,122)      
Issuance of common shares pursuant to the dividend reinvestment plan 332       32       300              
Issuance of common shares pursuant to the deferred compensation plan 189       23       166              
Issuance of restricted shares pursuant to the stock incentive plan 943       111       832              
Issuance of common shares pursuant to 2017 stock incentive plan 85       10       75              
Issuance of shares pursuant to the acquisition   $ 44,191 $ 1,109     $ 5,049 $ 100     $ 39,142 $ 1,009          
Issuance of common shares pursuant to the employee stock purchase plan 158       23       135              
Deferred compensation (1,574)                         (1,762)   188
Tax benefit related to deferred compensation distributions 355               355              
Grant of restricted units pursuant to 2017 stock incentive plan 1,216               1,216              
Release of restricted units pursuant to 2017 stock incentive plan (584)               (584)              
Vested restricted shares/units compensation expense 524                         524    
Ending balance at Jun. 30, 2021 616,066       76,797       340,452       206,934 1,742 8,781 (18,640)
Beginning balance at Mar. 31, 2021 601,884       76,652       338,897       198,408 1,597 5,087 (18,757)
Net income 12,221                       12,221      
Other comprehensive Income (loss) net tax 3,694                           3,694  
Cash dividends on common stock (3,695)                       (3,695)      
Issuance of common shares pursuant to the dividend reinvestment plan 161       15       146              
Issuance of common shares pursuant to the deferred compensation plan 171       20       151              
Issuance of shares pursuant to the acquisition 1,109       100       1,009              
Issuance of common shares pursuant to the employee stock purchase plan 83       10       73              
Deferred compensation                           (117)   117
Tax benefit related to deferred compensation distributions 176               176              
Vested restricted shares/units compensation expense 262                         262    
Ending balance at Jun. 30, 2021 616,066       76,797       340,452       206,934 1,742 8,781 (18,640)
Beginning balance at Dec. 31, 2021 633,894       76,835       340,419       234,162 2,517 (831) (19,208)
Net income 34,374                       34,374      
Other comprehensive Income (loss) net tax (127,409)                           (127,409)  
Cash dividends on common stock (8,456)                       (8,456)      
Issuance of common shares pursuant to the deferred compensation plan 331       34       297              
Issuance of restricted shares pursuant to the stock incentive plan 2,259       219       2,040              
Issuance of common shares pursuant to 2017 stock incentive plan 199       20       179              
Issuance of shares pursuant to the acquisition       $ 92,172       $ 9,169       $ 83,003        
Issuance of common shares pursuant to the employee stock purchase plan 293       33       260              
Issuance costs pursuant to acquisition of Delta Bancshares Company 29               29              
Purchase of shares of treasury stock (11)                             (11)
Deferred compensation (2,571)                         (2,372)   (199)
Grant of restricted units pursuant to 2017 stock incentive plan 1,529               1,529              
Release of restricted units pursuant to 2017 stock incentive plan (1,216)               (1,216)              
Vested restricted shares/units compensation expense 909               80         829    
Ending balance at Jun. 30, 2022 626,268       86,310       426,562       260,080 974 (128,240) (19,418)
Issuance costs pursuant to acquisition of Delta Bancshares Company (29)               (29)              
Beginning balance at Mar. 31, 2022 666,385       86,264       426,148       246,805 468 (74,028) (19,272)
Net income 17,758                       17,758      
Other comprehensive Income (loss) net tax (54,212)                           (54,212)  
Cash dividends on common stock (4,483)                       (4,483)      
Issuance of common shares pursuant to the deferred compensation plan 250       26       224              
Issuance of common shares pursuant to the employee stock purchase plan 169       20       149              
Deferred compensation                           146   (146)
Vested restricted shares/units compensation expense 401               41         360    
Ending balance at Jun. 30, 2022 $ 626,268       $ 86,310       $ 426,562       $ 260,080 $ 974 $ (128,240) $ (19,418)