|
|
|
Additional |
|
|
|
Unearned |
|
|
|
|
|
Common |
|
Paid-In |
|
Treasury |
|
ESOP |
|
Retained |
|
|
|
Stock (1) |
|
Capital |
|
Stock |
|
Compensation |
|
Earnings |
|
Total |
|
------------- |
|
--------------- |
|
------------ |
|
--------------- |
|
--------------- |
|
--------------- |
| Balance, December 31, 1994 |
$66,851 |
|
$24,885,903 |
|
$ -- |
|
$ -- |
|
$17,174,377 |
|
$42,127,131 |
| Stock issued for benefit plans (31,113 shares) |
311 |
|
283,463 |
|
-- |
|
-- |
|
-- |
|
283,774 |
| Stock options exercised (5,761 shares) |
58 |
|
33,736 |
|
-- |
|
-- |
|
-- |
|
33,794 |
| Employee stock purchase plan (37,689 shares) |
377 |
|
289,465 |
|
-- |
|
-- |
|
-- |
|
289,842 |
| Stock issued in public offering (5,750,000 shares) |
57,500 |
|
45,641,412 |
|
-- |
|
-- |
|
-- |
|
45,698,912 |
| Net income |
-- |
|
-- |
|
-- |
|
-- |
|
4,912,512 |
|
4,912,512 |
|
------------- |
|
--------------- |
|
------------ |
|
--------------- |
|
--------------- |
|
--------------- |
| Balance, December 31, 1995 |
$125,097 |
|
$71,133,979 |
|
$ -- |
|
$ -- |
|
$22,086,889 |
|
$93,345,965 |
| Stock issued for benefit plans (30,015 shares) |
300 |
|
347,345 |
|
-- |
|
-- |
|
-- |
|
347,645 |
| Stock options exercised (257,207 shares) |
2,572 |
|
2,630,959 |
|
-- |
|
-- |
|
-- |
|
2,633,531 |
| Employee stock purchase plan (36,387 shares) |
364 |
|
272,178 |
|
-- |
|
-- |
|
-- |
|
272,542 |
| Loan to ESOP for purchase of shares |
-- |
|
-- |
|
|
|
(568,750) |
|
-- |
|
(568,750) |
| Allocation of ESOP |
-- |
|
5,382 |
|
-- |
|
47,396 |
|
-- |
|
52,778 |
| Debenture conversion (2,343,108 shares) |
23,431 |
|
27,629,018 |
|
-- |
|
-- |
|
-- |
|
27,652,449 |
| Net income |
-- |
|
-- |
|
-- |
|
-- |
|
19,025,450 |
|
19,025,450 |
|
------------- |
|
--------------- |
|
------------ |
|
--------------- |
|
--------------- |
|
--------------- |
| Balance, December 31, 1996 |
$151,764 |
|
$102,018,861 |
|
$ -- |
|
$(521,354) |
|
$41,112,339 |
|
$142,761,610 |
| Stock issued for benefit plans (12,227 shares) |
122 |
|
371,359 |
|
-- |
|
-- |
|
-- |
|
371,481 |
| Stock options exercised (137,155 shares) |
1,372 |
|
1,613,071 |
|
-- |
|
-- |
|
-- |
|
1,614,443 |
| Employee stock purchase plan (26,551 shares) |
266 |
|
403,145 |
|
-- |
|
-- |
|
-- |
|
403,411 |
| 10% stock dividend (1,494,606 shares) |
14,946 |
|
43,048,389 |
|
|
|
-- |
|
(43,063,335) |
|
-- |
| Allocation of ESOP shares |
-- |
|
88,152 |
|
-- |
|
371,299 |
|
-- |
|
459,451 |
| Purchase of 387,800 shares as treasury stock |
-- |
|
-- |
|
(8,519,665) |
|
-- |
|
-- |
|
(8,519,665) |
| Net income |
-- |
|
-- |
|
-- |
|
-- |
|
22,310,189 |
|
22,310,189 |
|
------------- |
|
--------------- |
|
------------ |
|
--------------- |
|
--------------- |
|
--------------- |
| Balance, December 31, 1997 |
$168,470 |
|
$147,542,977 |
|
$(8,519,665) |
|
$(150,055) |
|
$20,359,193 |
|
$159,400,920 |
|
========= |
|
========= |
|
========= |
|
========= |
|
========= |
|
========= |
|
|
|
|
|
|
|
|
|
|
| (1) $.01 Par Value |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
