Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Common Stock [Member]
Retained Deficit [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Total
Balance at Dec. 31, 2017 $ 217,081 $ (42,804) $ (1,291) $ 172,986
Cumulative effect adjustment/ Reclassification upon adoption of new accounting principle (ASU 2018-02 [Member]) at Dec. 31, 2017 0 278 (278) 0
Balance, adjusted at Dec. 31, 2017 217,081 (42,526) (1,569) 172,986
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 0 26,379 0 26,379
Cash dividends 0 (8,481) 0 (8,481)
Repurchase of shares for taxes withheld on vested restricted stock (136) 0 0 (136)
Issuance of shares for stock option exercise 386 0 0 386
Net change in unrealized gain (loss) on securities available for sale, net of tax 0 0 (733) (733)
Stock compensation expense 452 0 0 452
Balance at Dec. 31, 2018 217,783 (24,652) (2,278) 190,853
Cumulative effect adjustment/ Reclassification upon adoption of new accounting principle (ASU 2016-01 [Member]) at Dec. 31, 2018 0 (24) 24 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Net income 0 31,979 0 31,979
Cash dividends 0 (9,511) 0 (9,511)
Repurchase of shares for taxes withheld on vested restricted stock (101) 0 0 (101)
Net change in unrealized gain (loss) on securities available for sale, net of tax 0 0 3,822 3,822
Stock compensation expense 427 0 0 427
Balance at Dec. 31, 2019 $ 218,109 $ (2,184) $ 1,544 $ 217,469