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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Stockholders' Equity, Total
Equity Balance at Dec. 31, 2019 $ 143 $ 33,510 $ 537,167 $ 32,246   $ 603,066
Net Income     14,868     14,868
Stock issued under Stock Option Plan   448     $ 87 535
Common dividends declared     (19,054)     (19,054)
Other comprehensive gain       22,965   22,965
Purchase of the Company's common stock         (8,148) (8,148)
Reclassification of treasury stock per Maryland law (2)   (8,059)   8,061  
Equity Balance at Mar. 31, 2020 141 33,958 524,922 55,211   614,232
Equity Balance at Dec. 31, 2020 138 35,004 541,448 53,151   629,741
Net Income     18,868     18,868
Stock issued under Stock Option Plan   657     263 920
Common dividends declared     (4,656)     (4,656)
Other comprehensive gain       (15,461)   (15,461)
Purchase of the Company's common stock         (3,780) (3,780)
Reclassification of treasury stock per Maryland law (1)   (3,516)   $ 3,517  
Equity Balance (CECL adoption) at Mar. 31, 2021     (14,175)     (14,175)
Equity Balance at Mar. 31, 2021 $ 137 $ 35,661 $ 537,969 $ 37,690   $ 611,457