v3.25.2
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($)
$ in Thousands
Total
Common Stock
Capital Surplus
Retained Earnings
Treasury Stock
Accumulated Other Comprehensive (Loss)
Beginning Balance at Dec. 31, 2023 $ 677,066 $ 47,619 $ 177,424 $ 780,299 $ (217,737) $ (110,539)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 58,638 0 0 58,638 0 0
Other comprehensive income (loss) $ (11,779) 0 0 0 0 (11,779)
Cash dividends declared (in dollars per share) $ 1.43          
Cash dividends declared $ 21,388 0 0 21,388 0 0
Stock-based compensation expense 1,807 0 1,807 0 0 0
Restricted awards granted $ 0 0 (4,204) 0 4,204 0
Purchase of treasury shares (in shares) 178,529          
Exercise of stock options $ 292 0 (193) 0 485 0
Purchase of treasury shares (17,896) 0 0 0 (17,896) 0
Ending balance at Jun. 30, 2024 686,740 47,619 174,834 817,549 (230,944) (122,318)
Beginning Balance at Mar. 31, 2024 682,231 47,619 175,747 799,024 (218,555) (121,604)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 29,115 0 0 29,115 0 0
Other comprehensive income (loss) $ (714) 0 0 0 0 (714)
Cash dividends declared (in dollars per share) $ 0.72          
Cash dividends declared $ 10,590 0 0 10,590 0 0
Stock-based compensation expense 707 0 707 0 0 0
Restricted awards granted $ 0 0 (1,486) 0 1,486 0
Purchase of treasury shares (in shares) 142,091          
Purchase of treasury shares $ (14,243) 0 0 0 (14,243) 0
Ending balance at Jun. 30, 2024 686,740 47,619 174,834 817,549 (230,944) (122,318)
Beginning Balance at Dec. 31, 2024 730,664 47,619 176,506 852,757 (230,499) (115,719)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 63,729 0 0 63,729 0 0
Other comprehensive income (loss) $ 20,221 0 0 0 0 20,221
Cash dividends declared (in dollars per share) $ 1.58          
Cash dividends declared $ 23,011 0 53 23,064 0 0
Stock-based compensation expense 1,505 0 1,505 0 0 0
Restricted awards granted $ 0 0 (5,211) 0 5,211 0
Purchase of treasury shares (in shares) 255,494          
Purchase of treasury shares $ (28,893) 0 0 0 (28,893) 0
Ending balance at Jun. 30, 2025 764,215 47,619 172,853 893,422 (254,181) (95,498)
Beginning Balance at Mar. 31, 2025 756,336 47,619 174,300 871,406 (237,038) (99,951)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 33,387 0 0 33,387 0 0
Other comprehensive income (loss) $ 4,453 0 0 0 0 4,453
Cash dividends declared (in dollars per share) $ 0.79          
Cash dividends declared $ 11,318 0 53 11,371 0 0
Stock-based compensation expense 786 0 786 0 0 0
Restricted awards granted $ 0 0 (2,286) 0 2,286 0
Purchase of treasury shares (in shares) 174,894          
Exercise of stock options $ 234 0 (134) 0 368 0
Purchase of treasury shares (19,429) 0 0 0 (19,429) 0
Ending balance at Jun. 30, 2025 $ 764,215 $ 47,619 $ 172,853 $ 893,422 $ (254,181) $ (95,498)