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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
$ in Thousands
Stockholders' Equity, Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Other Comprehensive Income (Loss)
Treasury Stock
Equity Balance at Dec. 31, 2018 $ 531,977 $ 142 $ 30,121 $ 492,087 $ 9,627 $ 0
Net Income 35,988 0 0 35,988 0 0
Stock issued under Stock Option Plan 2,374 0 1,482 0 0 892
Common dividends declared [1] (19,691) 0 0 (19,691) 0 0
Other comprehensive gain 22,510 0 0 0 22,510 0
Reclassification of Treasury Stock per Maryland Law 0 0 0 43 0 (43)
Equity Balance at Jun. 30, 2019 572,309 142 31,603 508,427 32,137 0
Equity Balance at Mar. 31, 2019 543,635 142 30,916 494,181 18,396 0
Net Income 18,375 0 0 18,375 0 0
Stock issued under Stock Option Plan 1,102 0 687 0 0 415
Common dividends declared [2] (4,544) 0 0 (4,544) 0 0
Other comprehensive gain 13,741 0 0 0 13,741 0
Reclassification of Treasury Stock per Maryland Law 0 0 0 415 0 (415)
Equity Balance at Jun. 30, 2019 572,309 142 31,603 508,427 32,137 0
common stock (849) 0 0 0 0 (849)
Equity Balance at Dec. 31, 2019 603,066 143 33,510 537,167 32,246 0
Net Income 28,071 0 0 28,071 0 0
Stock issued under Stock Option Plan 817 0 720 0 0 97
Common dividends declared [3] (23,843) 0 0 (23,843) 0 0
Other comprehensive gain 26,765 0 0 0 26,765 0
Reclassification of Treasury Stock per Maryland Law 0 (2) 0 (8,049) 0 8,051
Equity Balance at Jun. 30, 2020 626,728 141 34,230 533,346 59,011 0
Purchase of the Company's common stock (8,148) 0 0 0 0 (8,148)
Equity Balance at Mar. 31, 2020 614,232 141 33,958 524,922 55,211 0
Net Income 13,203 0 0 13,203 0 0
Stock issued under Stock Option Plan 282 0 272 0 0 10
Common dividends declared [4] (4,789) 0 0 (4,789) 0 0
Other comprehensive gain 3,800 0 0 0 3,800 0
Reclassification of Treasury Stock per Maryland Law 0 0 0 10 0 (10)
Equity Balance at Jun. 30, 2020 $ 626,728 $ 141 $ 34,230 $ 533,346 $ 59,011 $ 0
[1] $1.39 per share
[2] $0.32 per share
[3] $1.68 per share
[4] $0.34 per share