v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (unaudited) - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjusted Balance
Total Stockholders’ Equity
Total Stockholders’ Equity
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock
Treasury Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Noncontrolling Interest
Noncontrolling Interest
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance (in shares) at Dec. 31, 2024         25,509,592                  
Beginning balance at Dec. 31, 2024 $ 683,911   $ 683,822   $ 129,664   $ 736,412   $ (166,500)   $ (15,754)   $ 89  
Comprehensive income:                            
Net income 47,051   47,051       47,051              
Other comprehensive income, net of tax 5,379   5,379           5,379          
Cash dividends declared and paid (25,724)   (25,724)       (25,724)              
Treasury shares purchased under share repurchase plan (in shares)         (30,300)                  
Treasury shares purchased under share repurchase plan (1,705)   (1,705)               (1,705)      
Treasury shares purchased under deferred directors' plan (in shares)         (4,594)                  
Treasury shares purchased under deferred directors' plan 0   0   $ 300           (300)      
Treasury shares sold and distributed under deferred directors' plan (in shares)         12,744                  
Treasury shares sold and distributed under deferred directors' plan 0   0   $ (375)           375      
Stock activity under equity compensation plans (in shares)         37,663                  
Stock activity under equity compensation plans (1,493)   (1,493)   $ (1,493)                  
Stock based compensation expense 2,568   2,568   $ 2,568                  
Ending balance (in shares) at Jun. 30, 2025         25,525,105 25,525,105                
Ending balance at Jun. 30, 2025 709,987 $ 709,987 709,898 $ 709,898 $ 130,664 $ 130,664 757,739 $ 757,739 (161,121) $ (161,121) (17,384) $ (17,384) 89 $ 89
Beginning balance (in shares) at Mar. 31, 2025         25,556,904                  
Beginning balance at Mar. 31, 2025 694,509   694,420   $ 130,243   743,650   (163,879)   (15,594)   89  
Comprehensive income:                            
Net income 26,966   26,966       26,966              
Other comprehensive income, net of tax 2,758   2,758           2,758          
Cash dividends declared and paid (12,877)   (12,877)       (12,877)              
Treasury shares purchased under share repurchase plan (in shares)         (30,300)                  
Treasury shares purchased under share repurchase plan (1,705)   (1,705)               (1,705)      
Treasury shares purchased under deferred directors' plan (in shares)         (1,499)                  
Treasury shares purchased under deferred directors' plan 0   0   $ 85           (85)      
Stock based compensation expense 336   336   $ 336                  
Ending balance (in shares) at Jun. 30, 2025         25,525,105 25,525,105                
Ending balance at Jun. 30, 2025 $ 709,987 709,987 709,898 709,898 $ 130,664 $ 130,664 757,739 757,739 (161,121) (161,121) (17,384) (17,384) 89 89
Beginning balance (in shares) at Dec. 31, 2025 25,219,634         25,219,634                
Beginning balance at Dec. 31, 2025 $ 762,492 762,492   762,403   $ 136,965   788,345 (127,137) (127,137)   (35,770)   89
Comprehensive income:                            
Net income 54,918   54,918       54,918              
Other comprehensive income, net of tax 2,674   2,674           2,674          
Cash dividends declared and paid (26,261)   (26,261)       (26,261)              
Treasury shares purchased under share repurchase plan (in shares)         (407,726)                  
Treasury shares purchased under share repurchase plan (23,535)   (23,535)               (23,535)      
Treasury shares purchased under deferred directors' plan (in shares)         (5,505)                  
Treasury shares purchased under deferred directors' plan 0   0   $ 327           (327)      
Treasury shares sold and distributed under deferred directors' plan (in shares)         12,540                  
Treasury shares sold and distributed under deferred directors' plan 0   0   $ (358)           358      
Stock activity under equity compensation plans (in shares)         39,932                  
Stock activity under equity compensation plans (1,344)   (1,344)   $ (1,344)                  
Stock based compensation expense $ 4,430   4,430   $ 4,430                  
Ending balance (in shares) at Jun. 30, 2026 24,858,875       24,858,875 24,858,875                
Ending balance at Jun. 30, 2026 $ 773,374 773,374 773,285 773,285 $ 140,020 $ 140,020 817,002 817,002 (124,463) (124,463) (59,274) (59,274) 89 89
Beginning balance (in shares) at Mar. 31, 2026         24,929,650                  
Beginning balance at Mar. 31, 2026 748,993   748,904   $ 137,929   801,617   (135,622)   (55,020)   89  
Comprehensive income:                            
Net income 28,440   28,440       28,440              
Other comprehensive income, net of tax 11,159   11,159           11,159          
Cash dividends declared and paid (13,055)   (13,055)       (13,055)              
Treasury shares purchased under share repurchase plan (in shares)         (70,873)                  
Treasury shares purchased under share repurchase plan (4,166)   (4,166)               (4,166)      
Treasury shares purchased under deferred directors' plan (in shares)         (1,415)                  
Treasury shares purchased under deferred directors' plan 0   0   $ 88           (88)      
Stock activity under equity compensation plans (in shares)         1,513                  
Stock activity under equity compensation plans (52)   (52)   $ (52)                  
Stock based compensation expense $ 2,055   2,055   $ 2,055                  
Ending balance (in shares) at Jun. 30, 2026 24,858,875       24,858,875 24,858,875                
Ending balance at Jun. 30, 2026 $ 773,374 $ 773,374 $ 773,285 $ 773,285 $ 140,020 $ 140,020 $ 817,002 $ 817,002 $ (124,463) $ (124,463) $ (59,274) $ (59,274) $ 89 $ 89