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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Adjustment
Adjusted Balance
Minnesota-Based Klein Financial, Inc.
Common Stock
Common Stock
Adjusted Balance
Common Stock
Minnesota-Based Klein Financial, Inc.
Capital Surplus
Capital Surplus
Adjusted Balance
Capital Surplus
Minnesota-Based Klein Financial, Inc.
Retained Earnings
Retained Earnings
Adjustment
Retained Earnings
Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Adjustment
Accumulated Other Comprehensive Income (Loss)
Adjusted Balance
Beginning Balance at Dec. 31, 2017 $ 2,154,397 $ (4,179) $ 2,150,218   $ 152,040 $ 152,040   $ 1,639,499 $ 1,639,499   $ 413,130 $ (4,127) $ 409,003 $ (50,272) $ (52) $ (50,324)
Reclassification of certain tax effects related to the Tax Cuts and Jobs Act of 2017 (10,751)                   10,751     (10,751)    
Net income 190,830                   190,830          
Other comprehensive income (loss) 16,125                         16,125    
Acquisition 406,474     $ 406,474     $ 22,772     $ 383,702            
Dividends - common stock (82,161)                   (82,161)          
Common stock issued 497       29     468                
Common stock repurchased (1,805)       (104)     (1,701)                
Share-based compensation expense 8,118             8,118                
Stock activity under incentive compensation plans 1,274       404     1,609     (739)          
Ending Balance at Dec. 31, 2018 2,689,570 6,322 2,695,892   175,141 175,141   2,031,695 2,031,695   527,684 6,322 534,006 (44,950)   (44,950)
Net income 238,206                   238,206          
Other comprehensive income (loss) 101,157                         101,157    
Dividends - common stock (89,474)                   (89,474)          
Common stock issued 567       36     531                
Common stock repurchased (102,413)       (6,174)     (96,239)                
Share-based compensation expense 7,993             7,993                
Stock activity under incentive compensation plans 525       613     465     (553)          
Ending Balance at Dec. 31, 2019 2,852,453 $ (31,150) $ 2,821,303   169,616 $ 169,616   1,944,445 $ 1,944,445   682,185 $ (31,150) $ 651,035 56,207   $ 56,207
Net income 226,409                   226,409          
Other comprehensive income (loss) 91,564                         91,564    
Dividends - common stock (92,946)                   (92,946)          
Common stock issued 577       43     534                
Common stock repurchased (82,358)       (5,115)     (77,243)                
Share-based compensation expense 7,707             7,707                
Stock activity under incentive compensation plans 400       823     183     (606)          
Ending Balance at Dec. 31, 2020 $ 2,972,656       $ 165,367     $ 1,875,626     $ 783,892     $ 147,771