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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY - USD ($)
$ in Thousands
Total
Two River Bancorp Inc.
OCFCCountry Bank Holding Company Inc
Cumulative Effect, Period of Adoption, Adjustment
Employee Stock Ownership Plan
Preferred Stock
Common Stock
Common Stock
Two River Bancorp Inc.
Common Stock
OCFCCountry Bank Holding Company Inc
Additional Paid-In Capital
Additional Paid-In Capital
Two River Bancorp Inc.
Additional Paid-In Capital
OCFCCountry Bank Holding Company Inc
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive (Loss) Gain
Treasury Stock
Treasury Stock
Two River Bancorp Inc.
Non-Controlling Interest
Non-Controlling Interest
Two River Bancorp Inc.
Beginning Balance at Dec. 31, 2019 $ 1,153,119     $ (4) $ (8,648) $ 0 $ 519     $ 840,691     $ 358,668 $ (4) $ (1,208) $ (36,903)   $ 0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income 63,309                       63,309            
Other comprehensive income (loss), net of tax 1,829                           1,829        
Stock compensation 4,258           2     4,256                  
Allocation of ESOP stock 1,135       1,215         (80)                  
Cash dividend (40,820)                       (40,820)            
Exercise of stock options 1,241           2     2,027     (788)            
Purchase shares of common stock (14,814)                             (14,814)      
Proceeds from preferred stock issuance, net of costs 55,529         1       55,528                  
Preferred stock dividend (2,097)                       (2,097)            
Acquisition of company   $ 148,609 $ 112,836         $ 42 $ 44   $ 122,501 $ 112,792         $ 26,066    
Ending Balance at Dec. 31, 2020 1,484,130       (7,433) 1 609     1,137,715     378,268   621 (25,651)   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income 110,076                       110,076            
Other comprehensive income (loss), net of tax (3,442)                           (3,442)        
Stock compensation 5,415           0     5,415                  
Acquisition of common stock by ESOP (3,200)       (3,200)                            
Allocation of ESOP stock 2,197       2,018         179                  
Cash dividend (40,494)                       (40,494)            
Exercise of stock options 1,946           2     3,472     (1,528)            
Purchase shares of common stock (36,059)                             (36,059)      
Preferred stock dividend (4,016)                       (4,016)            
Ending Balance at Dec. 31, 2021 1,516,553       (8,615) 1 611     1,146,781     442,306   (2,821) (61,710)   0  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                      
Net income 147,357                       146,603         754  
Other comprehensive income (loss), net of tax (33,161)                           (33,161)        
Stock compensation 6,638                 6,638                  
Allocation of ESOP stock 2,506       2,424         82                  
Cash dividend (43,495)                       (43,495)            
Exercise of stock options 424           1     1,320     (897)            
Purchase shares of common stock (7,396)                             (7,396)      
Preferred stock dividend (4,016)                       (4,016)            
Acquisition of company   $ 836           $ 0     $ 0           $ 0   $ 836
Distribution to non-controlling interest (782)           0     0     (6)         (788)  
Ending Balance at Dec. 31, 2022 $ 1,585,464       $ (6,191) $ 1 $ 612     $ 1,154,821     $ 540,507   $ (35,982) $ (69,106)   $ 802