Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREOWNERS' EQUITY

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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREOWNERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Loss, Net of Taxes [Member]
Balance beginning at Dec. 31, 2016 $ 275,168 $ 168 $ 34,188 $ 267,037 $ (26,225)
Balance beginning (in shares) at Dec. 31, 2016 16,844,698 16,844,698      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income $ 10,863 $ 0 0 10,863 0
Other Comprehensive Income, Other, Net of Tax (238) 0 0 0 (238)
Cash Dividends $.48, $0.32, $.24 per share for years 2019, 2018 and 2017 respectively (4,071) 0 0 (4,071) 0
Stock Compensation Expense 1,502 0 1,502 0 0
Impact of Transactions Under Compensation Plans, net $ 986 $ 2 984 0 0
Impact of Transactions Under Compensation Plans, net (in shares) 144,253 144,253      
Reclassification per Adoption of ASU No. 2018-02 $ 0 $ 0 0 5,581 (5,581)
Balance ending at Dec. 31, 2017 $ 284,210 $ 170 36,674 279,410 (32,044)
Balance ending (in shares) at Dec. 31, 2017 16,988,951 16,988,951      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income $ 26,224 $ 0 0 26,224 0
Other Comprehensive Income, Other, Net of Tax 3,229 0 0 0 3,229
Cash Dividends $.48, $0.32, $.24 per share for years 2019, 2018 and 2017 respectively (5,457) 0 0 (5,457) 0
Stock Compensation Expense 1,421 0 1,421 0 0
Impact of Transactions Under Compensation Plans, net $ 990 $ 0 990 0 0
Impact of Transactions Under Compensation Plans, net (in shares) 83,061 83,061      
Repurchase of Common Stock $ (8,030) $ (3) (8,027) 0 0
Repurchase of Common Stock (in shares) (324,441) (324,441)      
Balance ending at Dec. 31, 2018 $ 302,587 $ 167 31,058 300,177 (28,815)
Balance ending (in shares) at Dec. 31, 2018 16,747,571 16,747,571      
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net Income $ 30,807 $ 0 0 30,807 0
Other Comprehensive Income, Other, Net of Tax 634 0 0 0 634
Cash Dividends $.48, $0.32, $.24 per share for years 2019, 2018 and 2017 respectively (8,047) 0 0 (8,047) 0
Stock Compensation Expense 1,569 0 1,569 0 0
Impact of Transactions Under Compensation Plans, net $ 1,271 $ 1 1,270 0 0
Impact of Transactions Under Compensation Plans, net (in shares) 100,973 100,973      
Repurchase of Common Stock $ (1,805) $ 0 (1,805) 0 0
Repurchase of Common Stock (in shares) (77,000) (77,000)      
Balance ending at Dec. 31, 2019 $ 327,016 $ 168 $ 32,092 $ 322,937 $ (28,181)
Balance ending (in shares) at Dec. 31, 2019 16,771,544 16,771,544