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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
Total
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)  
Change in fair value of cash flow hedges       (1,546)   (1,546)  
Change in unrealized loss on available-for-sale securities       (13,915)   (13,915)  
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  
Equity Balance at Dec. 31, 2021 131 38,314 545,548 32,759   616,752  
Net income     16,987     16,987  
Stock issued under Stock Option Plan   1,690     1,116 2,806  
Common dividends declared     (4,599)     (4,599)  
Change in fair value of cash flow hedges       (4,630)   (4,630) $ (3,083)
Change in unrealized gain on held-to-maturity securities       759   759  
Change in unrealized loss on available-for-sale securities       (20,205)   (20,205)  
Purchase of the Company's common stock         (25,319) (25,319)  
Reclassification of treasury stock per Maryland law (3)   (24,200)   $ 24,203    
Equity Balance at Mar. 31, 2022 $ 128 $ 40,004 $ 533,736 $ 8,683   $ 582,551