|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Class A
Common
Stock
|
|
|
Class B
Common
Stock
|
|
|
Additional
Paid-in
Capital
|
|
|
Retained
Earnings
|
|
|
Accumulated
Other
Comprehensive
Loss
|
|
|
Total
Stockholders’
Equity
|
|
(dollars in thousands except share data)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BALANCE, DECEMBER 31, 2017
|
|
$
|
3,606
|
|
|
$
|
1,962
|
|
|
$
|
12,292
|
|
|
$
|
263,666
|
|
|
$
|
(21,229
|
)
|
|
$
|
260,297
|
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
36,213
|
|
|
|
—
|
|
|
|
36,213
|
|
Other comprehensive income, net of tax:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized holding gains arising during period, net of $16 in taxes and $302 in realized net gains
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
109
|
|
|
|
109
|
|
Accretion of net unrealized losses transferred during the period, net of $391 in taxes
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,086
|
|
|
|
1,086
|
|
Pension liability adjustment, net of $1,930 in taxes
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
4,937
|
|
|
|
4,937
|
|
Adoption of ASU
2018-2,
Income Statement-Reporting Comprehensive Income (Topic 220)-Reclassification of Certain Tax Effects from AOCI
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
3,783
|
|
|
|
(3,783
|
)
|
|
|
—
|
|
Adoption of ASU
2016-1,
Financial Instruments-Overall (Subtopic
825-10)
Recognition and Measurement of Financial Assets and Financial Liabilities
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
29
|
|
|
|
(29
|
)
|
|
|
—
|
|
Conversion of Class B Common Stock to Class A Common Stock, 2,500 shares
|
|
|
2
|
|
|
|
(2
|
)
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
Cash dividends, Class A Common Stock, $0.48 per share
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(1,732
|
)
|
|
|
—
|
|
|
|
(1,732
|
)
|
Cash dividends, Class B Common Stock, $0.24 per share
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(471
|
)
|
|
|
—
|
|
|
|
(471
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BALANCE, DECEMBER 31, 2018
|
|
$
|
3,608
|
|
|
$
|
1,960
|
|
|
$
|
12,292
|
|
|
$
|
301,488
|
|
|
$
|
(18,909
|
)
|
|
$
|
300,439
|
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
39,699
|
|
|
|
—
|
|
|
|
39,699
|
|
Other comprehensive income, net of tax:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized holding gains arising during period, net of $116 in taxes and $61 in realized net gains
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(314
|
)
|
|
|
(314
|
)
|
Accretion of net unrealized losses transferred during the period, net of $269 in taxes
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
753
|
|
|
|
753
|
|
Pension liability adjustment, net of $2,263 in taxes
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(5,789
|
)
|
|
|
(5,789
|
)
|
Conversion of Class B Common Stock to Class A Common Stock, 42,620 shares
|
|
|
43
|
|
|
|
(43
|
)
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
Cash dividends, Class A Common Stock, $0.48 per share
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(1,742
|
)
|
|
|
—
|
|
|
|
(1,742
|
)
|
Cash dividends, Class B Common Stock, $0.24 per share
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
(465
|
)
|
|
|
—
|
|
|
|
(465
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BALANCE, DECEMBER 31, 2019
|
|
$
|
3,651
|
|
|
$
|
1,917
|
|
|
$
|
12,292
|
|
|
|
338,980
|
|
|
|
(24,259
|
)
|
|
$
|
332,581
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other comprehensive income, net of tax:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Unrealized holding gains arising during period, net of $159 in taxes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accretion of net unrealized losses transferred during the period, net of $207 in taxes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pension liability adjustment, net of $1,142 in taxes
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Conversion of Class B Common Stock to Class A
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stock, 4,520 shares
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash dividends, Class A Common Stock, $0.54 per share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash dividends, Class B Common Stock, $0.27 per share
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BALANCE, DECEMBER 31, 2020
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|