v3.25.2
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock [Member]
Capital Surplus [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Balance at Dec. 31, 2023 $ 1,661,847 $ 12,725 $ 159,688 $ 1,709,157 $ (219,723)
Balance (in shares) at Dec. 31, 2023   61,071,173      
Net income per consolidated statements of income (loss) 41,535     41,535  
Other comprehensive income (loss), net of tax (7,431)       (7,431)
Common stock dividends paid per share (14,207)     (14,207)  
Shares withheld to pay taxes, long-term incentive plan (1,383) $ 22 (1,405)    
Shares withheld to pay taxes, long-term incentive plan (in shares)   107,193      
Compensation expense, long-term incentive plan 2,238   2,238    
Balance at Mar. 31, 2024 1,682,599 $ 12,747 160,521 1,736,485 (227,154)
Balance (in shares) at Mar. 31, 2024   61,178,366      
Balance at Dec. 31, 2023 1,661,847 $ 12,725 159,688 1,709,157 (219,723)
Balance (in shares) at Dec. 31, 2023   61,071,173      
Net income per consolidated statements of income (loss) 115,367        
Other comprehensive income (loss), net of tax 128,166        
Balance at Jun. 30, 2024 1,879,141 $ 12,753 161,834 1,796,111 (91,557)
Balance (in shares) at Jun. 30, 2024   61,205,969      
Balance at Mar. 31, 2024 1,682,599 $ 12,747 160,521 1,736,485 (227,154)
Balance (in shares) at Mar. 31, 2024   61,178,366      
Net income per consolidated statements of income (loss) 73,832     73,832  
Other comprehensive income (loss), net of tax 135,597       135,597
Common stock dividends paid per share (14,206)     (14,206)  
Shares withheld to pay taxes, long-term incentive plan (59) $ 6 (65)    
Shares withheld to pay taxes, long-term incentive plan (in shares)   27,603      
Compensation expense, long-term incentive plan 1,378   1,378    
Balance at Jun. 30, 2024 1,879,141 $ 12,753 161,834 1,796,111 (91,557)
Balance (in shares) at Jun. 30, 2024   61,205,969      
Balance at Dec. 31, 2024 $ 1,962,327 $ 12,711 157,899 1,875,376 (83,659)
Balance (in shares) at Dec. 31, 2024 61,008,023 61,008,023      
Net income per consolidated statements of income (loss) $ 53,633     53,633  
Other comprehensive income (loss), net of tax 34,957       34,957
Common stock dividends paid per share (14,732)     (14,732)  
Shares withheld to pay taxes, long-term incentive plan (2,415) $ 28 (2,443)    
Shares withheld to pay taxes, long-term incentive plan (in shares)   133,628      
Repurchase and retirement of common stock (15,014) $ (88) (14,926)    
Repurchase and retirement of common stock (in shares)   (423,240)      
Compensation expense, long-term incentive plan 2,471   2,471    
Balance at Mar. 31, 2025 2,021,227 $ 12,651 143,001 1,914,277 (48,702)
Balance (in shares) at Mar. 31, 2025   60,718,411      
Balance at Dec. 31, 2024 $ 1,962,327 $ 12,711 157,899 1,875,376 (83,659)
Balance (in shares) at Dec. 31, 2024 61,008,023 61,008,023      
Net income per consolidated statements of income (loss) $ 109,474        
Other comprehensive income (loss), net of tax 53,170        
Balance at Jun. 30, 2025 $ 2,070,789 $ 12,585 133,195 1,955,498 (30,489)
Balance (in shares) at Jun. 30, 2025 60,401,684 60,401,684      
Balance at Mar. 31, 2025 $ 2,021,227 $ 12,651 143,001 1,914,277 (48,702)
Balance (in shares) at Mar. 31, 2025   60,718,411      
Net income per consolidated statements of income (loss) 55,841     55,841  
Other comprehensive income (loss), net of tax 18,213       18,213
Common stock dividends paid per share (14,620)     (14,620)  
Shares withheld to pay taxes, long-term incentive plan (49) $ 5 (54)    
Shares withheld to pay taxes, long-term incentive plan (in shares)   24,173      
Repurchase and retirement of common stock (11,010) $ (71) (10,939)    
Repurchase and retirement of common stock (in shares)   (340,900)      
Compensation expense, long-term incentive plan 1,187   1,187    
Balance at Jun. 30, 2025 $ 2,070,789 $ 12,585 $ 133,195 $ 1,955,498 $ (30,489)
Balance (in shares) at Jun. 30, 2025 60,401,684 60,401,684