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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Stock
Common Stock
Additional Paid In Capital
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive Income (Loss)
Total
Balance at Dec. 31, 2012 $ 11,250 $ 110,056 $ 4,801 $ 46,753 $ (17,232) $ 5,063 $ 160,691
Net income $ 19,925 19,925
Other comprehensive income (loss), net of tax $ (7,607) (7,607)
Dividend on series B preferred stock $ (169) (169)
Issuance cost of common stock (13) (13)
Cash dividends declared on common stock ($0.280 per share) (4,581) (4,581)
Dividend on restricted stock declared $ (1) (1)
Issuance of restricted stock award (18,829 shares) $ 91 $ 152 243
Exercise of stock options (2,268 shares) 19 $ 2 21
Stock-based compensation expense 75 75
Balance at Dec. 31, 2013 $ 11,250 $ 110,056 $ 4,986 $ 61,914 $ (17,078) $ (2,544) 168,584
Net income 18,565 18,565
Other comprehensive income (loss), net of tax           $ 1,530 1,530
Dividend on series B preferred stock (112) (112)
Issuance cost of common stock (7) (7)
Cash dividends declared on common stock ($0.280 per share) $ (7,962) (7,962)
Exercise of stock options (2,268 shares) $ 806 $ 361 1,167
Stock issued (13,221,152 shares) and options acquired (783,732 shares) in acquisition of Legacy ConnectOne $ 264,231 264,231
Stock-based compensation expense $ 223 223
Balance at Dec. 31, 2014 $ 11,250 $ 374,287 $ 6,015 $ 72,398 $ (16,717) $ (1,014) 446,219
Net income $ 41,311 41,311
Other comprehensive income (loss), net of tax $ (3,595) (3,595)
Dividend on series B preferred stock $ (112) (112)
Cash dividends declared on common stock ($0.280 per share) $ (8,991) (8,991)
Exercise of stock options (2,268 shares) $ 1,765 1,765
Stock-based compensation expense   747     747
Balance at Dec. 31, 2015 $ 11,250 $ 374,287 $ 8,527 $ 104,606 $ (16,717) $ (4,609) $ 477,344