v3.26.1
UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Common stock:
Additional paid-in capital:
Legal surplus:
Retained earnings:
Treasury stock:
Accumulated other comprehensive loss, net of tax:
Balance at beginning of period at Dec. 31, 2024   $ 59,885 $ 639,786 $ 169,537 $ 771,993 $ (296,991) $ (89,839)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation expense     1,615        
Lapsed restricted stock units     (2,926)     (544)  
Transfer from retained earnings       4,368      
Net income $ 45,572       45,572    
Cash dividends declared on common stock [1]         (11,173)    
Transfer to legal surplus 4,400       (4,368)    
Stocks repurchased (23,392)         (23,392)  
Lapsed restricted stock units and options, net of employee awards repurchased     (2,926)     (544)  
Other comprehensive (loss) gain, net of tax 31,838           31,838
Balance at end of period at Mar. 31, 2025 1,295,361   638,475 173,905 802,024 (320,927) (58,001)
Balance at beginning of period at Dec. 31, 2025 1,390,005 $ 59,885 642,973 188,490 904,630 (389,067) (16,906)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Stock-based compensation expense     1,386        
Lapsed restricted stock units     (3,703)     1,331  
Transfer from retained earnings       5,297      
Net income 53,937       53,937    
Cash dividends declared on common stock [1]         (14,921)    
Transfer to legal surplus 5,300       (5,297)    
Stocks repurchased (44,473)         (44,473)  
Lapsed restricted stock units and options, net of employee awards repurchased     (3,703)     1,331  
Other comprehensive (loss) gain, net of tax (16,667)           (16,667)
Balance at end of period at Mar. 31, 2026 $ 1,366,895   $ 640,656 $ 193,787 $ 938,349 $ (432,209) $ (33,573)
[1] Dividends declared per common share during the quarter ended March 31, 2026 - $0.35 (March 31, 2025 - $0.30).