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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - 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
Cumulative Effect, Period of Adoption, Adjusted Balance
Common Stock Held by BMP
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 to common stockholders                 (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                                     37,226
Other comprehensive income (loss), net of tax                                     (5,599)
Balance at Sep. 30, 2020   116,569   $ 348   278,769     601,913   (11,539) (6,695)   (1,496)   (283,711)     694,158
Balance (in shares) at Sep. 30, 2020       21,416,284                              
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 to preferred stockholders                 (1,140)                   (1,140)
Cash dividends declared to common stockholders                 (4,623)                   (4,623)
Repurchase of shares of common stock                               (14,257)     (14,257)
Repurchase of shares of common stock (in shares)       (631,842)                              
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                              
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                 15,868                   15,868
Other comprehensive income (loss), net of tax                     2,864               2,864
Release of shares, net of forfeitures           (1)           50       (49)      
Release of shares, net of forfeitures (in shares)       (2,368)                              
Stock-based compensation                       804             804
Shares received related to tax withholding                               (81)     (81)
Shares received related to tax withholding (in shares)       (4,203)                              
Cash dividends declared to preferred stockholders                 (1,822)                   (1,822)
Cash dividends declared to common stockholders                 (4,630)                   (4,630)
Repurchase of shares of common stock                               (388)     (388)
Repurchase of shares of common stock (in shares)       (19,196)                              
Balance at Sep. 30, 2020   116,569   $ 348   278,769     601,913   (11,539) (6,695)   (1,496)   (283,711)     694,158
Balance (in shares) at Sep. 30, 2020       21,416,284                              
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 to preferred stockholders                 (1,821)                   (1,821)
Cash dividends declared to common stockholders                 (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                                     $ 68,639
Other comprehensive income (loss), net of tax                                     4,882
Balance at Sep. 30, 2021   116,569   $ 416   493,775     630,744   (1,042) (9,417)       (29,928)     $ 1,201,117
Balance (in shares) at Sep. 30, 2021       40,714,828                             40,714,828
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)       3,098                              
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 to preferred stockholders                 (1,822)                   (1,822)
Cash dividends declared to common stockholders                 (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       41,112,863                              
Increase (Decrease) in Stockholders' Equity                                      
Net (loss) income                 38,395                   38,395
Other comprehensive income (loss), net of tax                     (5,618)               (5,618)
Release of shares, net of forfeitures           1,048           (2,423)       1,615     240
Release of shares, net of forfeitures (in shares)       82,004                              
Stock-based compensation                       1,535             1,535
Cash dividends declared to preferred stockholders                 (1,822)                   (1,822)
Cash dividends declared to common stockholders                 (19,620)                   (19,620)
Redemption of real estate investment trust ("REIT") preferred stock           (121)                         (121)
Repurchase of shares of common stock                               (16,148)     (16,148)
Repurchase of shares of common stock (in shares)       (480,039)                              
Balance at Sep. 30, 2021   $ 116,569   $ 416   $ 493,775     $ 630,744   $ (1,042) $ (9,417)       $ (29,928)     $ 1,201,117
Balance (in shares) at Sep. 30, 2021       40,714,828                             40,714,828