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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
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 55,720 0 0 55,720 0 0
Stock issued under Stock Option Plan 3,023 0 1,964 0 0 1,059
Common dividends declared [1] (24,524) 0 0 (24,524) 0 0
Other comprehensive gain 31,423 0 0 0 31,423 0
Reclassification of Treasury Stock per Maryland Law 0 0 0 210 0 (210)
Equity Balance at Sep. 30, 2019 596,770 142 32,085 523,493 41,050 0
Purchase of the Company's common stock (849) 0 0 0 0 (849)
Equity Balance at Jun. 30, 2019 572,309 142 31,603 508,427 32,137 0
Net Income 19,732 0 0 19,732 0 0
Stock issued under Stock Option Plan 649 0 482 0 0 167
Common dividends declared [2] (4,833) 0 0 (4,833) 0 0
Other comprehensive gain 8,913 0 0 0 8,913 0
Reclassification of Treasury Stock per Maryland Law 0 0 0 167 0 (167)
Equity Balance at Sep. 30, 2019 596,770 142 32,085 523,493 41,050 0
Equity Balance at Dec. 31, 2019 603,066 143 33,510 537,167 32,246 0
Net Income 41,525 0 0 41,525 0 0
Stock issued under Stock Option Plan 1,162 0 1,029 0 0 133
Common dividends declared [3] (28,631) 0 0 (28,631) 0 0
Other comprehensive gain 23,388 0 0 0 23,388 0
Reclassification of Treasury Stock per Maryland Law 0 (4) 0 (15,730) 0 15,734
Equity Balance at Sep. 30, 2020 624,643 139 34,539 534,331 55,634 0
Purchase of the Company's common stock (15,867) 0 0 0 0 (15,867)
Equity Balance at Jun. 30, 2020 626,728 141 34,230 533,346 59,011 0
Net Income 13,454 0 0 13,454 0 0
Stock issued under Stock Option Plan 346 0 309 0 0 37
Common dividends declared [2] (4,790) 0 0 (4,790) 0 0
Reclassification of Treasury Stock per Maryland Law 0 (2) 0 (7,679) 0 7,681
Equity Balance at Sep. 30, 2020 624,643 139 34,539 534,331 55,634 0
Other comprehensive loss (3,377) 0 0 0 (3,377) 0
Purchase of the Company's common stock $ (7,718) $ 0 $ 0 $ 0 $ 0 $ (7,718)
[1] $1.39 per share
[2] $0.34 per share
[3] $2.02 per share