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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Preferred Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred Stock
Common Stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock
Additional Paid-in Capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional Paid-in Capital
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated Other Comprehensive Income (Loss)
Unearned Equity Awards
Common Stock Held by BMP [Member]
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock Held by BMP [Member]
Treasury Stock, at Cost
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury Stock, at Cost
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjusted Balance
Total
Balance at Dec. 31, 2019       $ 348   $ 279,511     $ 581,817   $ (5,940) $ (6,731)   $ (1,496)   $ (250,751)     $ 596,758
Balance (in shares) at Dec. 31, 2019       22,780,208                              
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                 8,392                   8,392
Other comprehensive income (loss), net of tax                     (6,692)               (6,692)
Release of shares, net of forfeitures           5           (7)       2      
Release of shares, net of forfeitures (in shares)       59                              
Stock-based compensation                       671             671
Proceeds from Preferred Stock issuance, net   $ 72,224                                 72,224
Shares received related to tax withholding                               (79)     (79)
Shares received related to tax withholding (in shares)       (3,025)                              
Cash dividends declared and paid to common stockholders, net                 (4,915)                   (4,915)
Repurchase of shares of Common Stock                               (20,711)     (20,711)
Repurchase of shares of Common Stock (in shares)       (825,992)                              
Balance at Mar. 31, 2020   72,224   $ 348   279,516     585,294   (12,632) (6,067)   (1,496)   (271,539)     645,648
Balance (in shares) at Mar. 31, 2020       21,951,250                              
Balance at Dec. 31, 2019       $ 348   279,511     581,817   (5,940) (6,731)   (1,496)   (250,751)     596,758
Balance (in shares) at Dec. 31, 2019       22,780,208                              
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                                     21,358
Other comprehensive income (loss), net of tax                                     (8,463)
Balance at Jun. 30, 2020   116,569   $ 348   278,770     592,497   (14,403) (7,549)   (1,496)   (283,193)     681,543
Balance (in shares) at Jun. 30, 2020       21,442,051                              
Balance at Mar. 31, 2020   72,224   $ 348   279,516     585,294   (12,632) (6,067)   (1,496)   (271,539)     645,648
Balance (in shares) at Mar. 31, 2020       21,951,250                              
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                 12,966                   12,966
Other comprehensive income (loss), net of tax                     (1,771)               (1,771)
Exercise of stock options           38                         38
Exercise of stock options (in shares)       1,973                              
Release of shares, net of forfeitures           (784)           (1,960)       2,772     28
Release of shares, net of forfeitures (in shares)       127,582                              
Stock-based compensation                       478             478
Proceeds from Preferred Stock issuance, net   44,345                                 44,345
Shares received related to tax withholding                               (169)     (169)
Shares received related to tax withholding (in shares)       (6,912)                              
Cash dividends declared and paid to preferred stockholders                 (1,140)                   (1,140)
Cash dividends declared and paid to common stockholders, net                 (4,623)                   (4,623)
Repurchase of shares of Common Stock                               (14,257)     (14,257)
Repurchase of shares of Common Stock (in shares)       (631,841)                              
Balance at Jun. 30, 2020   116,569   $ 348   278,770     592,497   (14,403) (7,549)   (1,496)   (283,193)     681,543
Balance (in shares) at Jun. 30, 2020       21,442,051                              
Balance at Dec. 31, 2020 $ 116,569 116,569 $ 348 $ 348 $ 278,295 278,295 $ 1,686 $ 602,327 600,641 $ (5,924) (5,924)   $ (1,496) (1,496) $ (287,337) (287,337) $ 1,686 $ 702,782 $ 701,096
Balance (in shares) at Dec. 31, 2020     21,232,984 21,232,984                             21,232,984
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                 (21,034)                   $ (21,034)
Other comprehensive income (loss), net of tax                     6,455               6,455
Reverse merger with Bridge Bancorp, Inc.       $ 65   206,641           (2,603)       287,107     491,210
Reverse merger with Bridge Bancorp, Inc. (in shares)       19,992,284                              
Exercise of stock options           292                   80     372
Exercise of stock options (in shares)       15,928                              
Release of shares, net of forfeitures       $ 3   8,562           (8,340)       (33)     192
Release of shares, net of forfeitures (in shares)       335,959                              
Stock-based compensation                       836             836
Shares received to satisfy distribution of retirement benefits           (1,359)               1,496   (1,130)     (993)
Shares received to satisfy distribution of retirement benefits (in shares)       (41,101)                              
Cash dividends declared and paid to preferred stockholders                 (1,821)                   (1,821)
Cash dividends declared and paid to common stockholders, net                 (5,175)                   (5,175)
Balance at Mar. 31, 2021   116,569   $ 416   492,431     574,297   531 (10,107)       (1,313)     1,172,824
Balance (in shares) at Mar. 31, 2021       41,536,054                              
Balance at Dec. 31, 2020 $ 116,569 116,569 $ 348 $ 348 $ 278,295 278,295 $ 1,686 $ 602,327 600,641 $ (5,924) (5,924)   $ (1,496) $ (1,496) $ (287,337) (287,337) $ 1,686 $ 702,782 $ 701,096
Balance (in shares) at Dec. 31, 2020     21,232,984 21,232,984                             21,232,984
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                                     $ 30,244
Other comprehensive income (loss), net of tax                                     10,500
Balance at Jun. 30, 2021   116,569   $ 416   492,848     613,791   4,576 (8,529)       (15,395)     $ 1,204,276
Balance (in shares) at Jun. 30, 2021       41,159,568                             41,159,568
Balance at Mar. 31, 2021   116,569   $ 416   492,431     574,297   531 (10,107)       (1,313)     $ 1,172,824
Balance (in shares) at Mar. 31, 2021       41,536,054                              
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                 51,278                   51,278
Other comprehensive income (loss), net of tax                     4,045               4,045
Exercise of stock options           (7)                   31     24
Exercise of stock options (in shares)       1,174                              
Release of shares, net of forfeitures           424           64       (141)     347
Release of shares, net of forfeitures (in shares)       49,803                              
Stock-based compensation                       1,514             1,514
Shares received related to tax withholding                               (147)     (147)
Shares received related to tax withholding (in shares)       (3,342)                              
Cash dividends declared and paid to preferred stockholders                 (1,822)                   (1,822)
Cash dividends declared and paid to common stockholders, net                 (9,962)                   (9,962)
Repurchase of shares of Common Stock                               (13,825)     (13,825)
Repurchase of shares of Common Stock (in shares)       (424,121)                              
Balance at Jun. 30, 2021   $ 116,569   $ 416   $ 492,848     $ 613,791   $ 4,576 $ (8,529)       $ (15,395)     $ 1,204,276
Balance (in shares) at Jun. 30, 2021       41,159,568                             41,159,568