XML 24 R7.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Thousands
Total
Adjustment
[1]
Adjusted Balance
Common Stock
Common Stock
Adjusted Balance
Additional Paid-in Capital
Additional Paid-in Capital
Adjusted Balance
Retained Earnings
Retained Earnings
Adjustment
[1]
Retained Earnings
Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Adjusted Balance
Beginning balance (in shares) at Dec. 31, 2019       26,671,368 26,671,368              
Beginning balance at Dec. 31, 2019 $ 573,820 $ (6,717) $ 567,103 $ 26,671 $ 26,671 $ 278,954 $ 278,954 $ 253,090 $ (6,717) $ 246,373 $ 15,105 $ 15,105
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net Income 62,210             62,210        
Other Comprehensive Income (Loss) 20,270                   20,270  
Cash Dividends (20,136)             (20,136)        
Issuance of Common Stock for:                        
Restricted Share Grants (in shares)       52,701                
Restricted Share Grants 1,051     $ 53   998            
Stock Repurchase (in shares)       (221,912)                
Stock Repurchase (5,789)     $ (222)   (5,567)            
Ending balance (in shares) at Dec. 31, 2020       26,502,157                
Ending balance at Dec. 31, 2020 624,709     $ 26,502   274,385   288,447     35,375  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net Income 84,137             84,137        
Other Comprehensive Income (Loss) (19,891)                   (19,891)  
Cash Dividends (22,220)             (22,220)        
Issuance of Common Stock for:                        
Restricted Share Grants (in shares)       51,351                
Restricted Share Grants $ 1,724     $ 52   1,672            
Ending balance (in shares) at Dec. 31, 2021 26,553,508     26,553,508                
Ending balance at Dec. 31, 2021 $ 668,459     $ 26,554   276,057   350,364     15,484  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Net Income 81,825             81,825        
Other Comprehensive Income (Loss) (278,922)                   (278,922)  
Cash Dividends (27,022)             (27,022)        
Issuance of Common Stock for:                        
Acquisition of Citizens Union Bancorp (in shares)       2,870,975                
Acquisition of Citizens Union Bancorp 111,723     $ 2,871   108,852            
Restricted Share Grants (in shares)       68,710                
Restricted Share Grants $ 2,330     $ 68   2,262            
Ending balance (in shares) at Dec. 31, 2022 29,493,193     29,493,193                
Ending balance at Dec. 31, 2022 $ 558,393     $ 29,493   $ 387,171   $ 405,167     $ (263,438)  
[1] The Company adopted Accounting Standards Update (ASU) 2016-13, Financial Instruments - Credit Losses (Topic 326) Measurement of Credit Losses on Financial Instruments on January 1, 2020 using the modified retrospective approach. As a result, the Company recorded a net reduction of retained earnings upon adoption.