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Consolidated Statements of Stockholders' Equity (unaudited) - USD ($)
$ in Thousands
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Surplus
Cumulative Effect, Period of Adoption, Adjusted Balance
Surplus
Retained Earnings
Effect of adoption
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Accumulated Other Comprehensive Loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Loss
Effect of adoption
Cumulative Effect, Period of Adoption, Adjusted Balance
Total
Balance at Dec. 31, 2018   $ 198   $ 352,093     $ 117,432   $ (781)   $ (15,112)     $ 453,830
Increase (Decrease) in Stockholders' Equity                            
Net income             37,483             37,483
Shares issued under the dividend reinvestment plan       643                   643
Shares issued under the Employee Stock Purchase Plan       122                   122
Purchase of treasury stock                 (625)         (625)
Stock awards granted and distributed   1   (988)         987          
Stock awards forfeited       479         (479)          
Repurchase of surrendered stock from vesting of stock plans       (18)         (859)         (877)
Share based compensation expense       2,755                   2,755
Cash dividend declared             (13,812)             (13,812)
Other comprehensive income (loss), net of deferred income taxes                     6,884     6,884
Balance at Sep. 30, 2019   199   355,086     141,103   (1,757)   (8,228)     486,403
Balance at Jun. 30, 2019   199   353,729     131,811   (1,337)   (9,197)     475,205
Increase (Decrease) in Stockholders' Equity                            
Net income             13,903             13,903
Shares issued under the dividend reinvestment plan       224                   224
Purchase of treasury stock                 (304)         (304)
Stock awards granted and distributed       (33)         33          
Stock awards forfeited       137         (137)          
Repurchase of surrendered stock from vesting of stock plans                 (12)         (12)
Share based compensation expense       907                   907
Cash dividend declared             (4,611)             (4,611)
Other comprehensive income (loss), net of deferred income taxes                     969     969
Balance at Sep. 30, 2019   199   355,086     141,103   (1,757)   (8,228)     486,403
Balance at Dec. 31, 2019 $ 199 199 $ 356,436 356,436 $ (1,473) $ 149,230 150,703 $ (1,843) (1,843) $ (8,341) (8,341) $ (1,473) $ 495,681 497,154
Increase (Decrease) in Stockholders' Equity                            
Net income             33,065             33,065
Shares issued under the dividend reinvestment plan       748                   748
Shares issued under the Employee Stock Purchase Plan       128                   128
Purchase of treasury stock                 (4,633)         (4,633)
Stock awards granted and distributed       (2,880)         2,880          
Stock awards forfeited       222         (222)          
Repurchase of surrendered stock from vesting of stock plans       (36)         (1,014)         (1,050)
Share based compensation expense       3,086                   3,086
Cash dividend declared             (14,396)             (14,396)
Other comprehensive income (loss), net of deferred income taxes                     (408)     (408)
Balance at Sep. 30, 2020   199   357,704     167,899   (4,832)   (8,749)     512,221
Balance at Jun. 30, 2020   199   356,510     159,635   (4,961)   (8,762)     502,621
Increase (Decrease) in Stockholders' Equity                            
Net income             13,061             13,061
Shares issued under the dividend reinvestment plan       261                   261
Shares issued under the Employee Stock Purchase Plan       122                   122
Stock awards granted and distributed       (169)         169          
Stock awards forfeited       20         (20)          
Repurchase of surrendered stock from vesting of stock plans                 (20)         (20)
Share based compensation expense       1,082                   1,082
Cash dividend declared             (4,797)             (4,797)
Other comprehensive income (loss), net of deferred income taxes                     13     13
Balance at Sep. 30, 2020   $ 199   $ 357,704     $ 167,899   $ (4,832)   $ (8,749)     $ 512,221