XML 22 R6.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
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, 2018       $ 348,000   $ 277,701,000     $ 565,713,000   $ (6,500,000) $ (3,623,000)   $ (1,509,000)   $ (230,049,000)     $ 602,081,000
Balance (in shares) at Dec. 31, 2018       23,380,783                              
Increase (Decrease) in Stockholders' Equity                                      
Net income                 36,186,000                   36,186,000
Other comprehensive income (loss), net of tax                     560,000               560,000
Exercise of stock options, net           367,000                         367,000
Exercise of stock options, net (in shares)       19,676                              
Release of shares, net of forfeitures           1,456,000           (4,951,000)       3,626,000     131,000
Release of shares, net of forfeitures (in shares)       180,027                              
Stock-based compensation                       1,843,000             1,843,000
Shares received to satisfy distribution of retirement benefits           (13,000)               13,000   (4,000)     (4,000)
Shares received to satisfy distribution of retirement benefits (in shares)       (123)                              
Shares received related to tax withholding                               (133,000)     (133,000)
Shares received related to tax withholding (in shares)       (4,029)                              
Cash dividends declared and paid to common stockholders                 (20,082,000)                   (20,082,000)
Repurchase of shares of common stock                               (24,191,000)     (24,191,000)
Repurchase of shares of common stock (in shares)       (796,126)                              
Balance at Dec. 31, 2019       $ 348,000   279,511,000     581,817,000   (5,940,000) (6,731,000)   (1,496,000)   (250,751,000)     596,758,000
Balance (in shares) at Dec. 31, 2019       22,780,208                              
Increase (Decrease) in Stockholders' Equity                                      
Net income                 42,318,000                   42,318,000
Other comprehensive income (loss), net of tax                     16,000               16,000
Exercise of stock options, net           38,000                         38,000
Exercise of stock options, net (in shares)       1,972                              
Release of shares, net of forfeitures           (1,254,000)           (492,000)       1,830,000     84,000
Release of shares, net of forfeitures (in shares)       52,894                              
Stock-based compensation                       7,223,000             7,223,000
Proceeds from Preferred Stock issuance, net   $ 116,569,000                                 116,569,000
Shares received related to tax withholding                               (3,060,000)     (3,060,000)
Shares received related to tax withholding (in shares)       (125,061)                              
Cash dividends declared and paid to preferred stockholders                 (4,783,000)                   (4,783,000)
Cash dividends declared and paid to common stockholders                 (18,711,000)                   (18,711,000)
Repurchase of shares of common stock                               (35,356,000)     (35,356,000)
Repurchase of shares of common stock (in shares)       (1,477,029)                              
Balance at Dec. 31, 2020 $ 116,569,000 116,569,000 $ 348,000 $ 348,000 $ 278,295,000 278,295,000 $ 1,686,000 $ 602,327,000 600,641,000 $ (5,924,000) (5,924,000)   $ (1,496,000) (1,496,000) $ (287,337,000) (287,337,000) $ 1,686,000 $ 702,782,000 $ 701,096,000
Balance (in shares) at Dec. 31, 2020     21,232,984 21,232,984                             21,232,984
Increase (Decrease) in Stockholders' Equity                                      
Net income                 103,996,000                   $ 103,996,000
Other comprehensive income (loss), net of tax                     (257,000)               (257,000)
Reverse merger with Bridge Bancorp, Inc.       $ 65,000   206,641,000           (2,603,000)       287,107,000     491,210,000
Reverse merger with Bridge Bancorp, Inc. (in shares)       19,992,284                              
Exercise of stock options, net       $ 20,629   258,000                   173,000     431,000
Release of shares, net of forfeitures       $ 3,000   10,411,000           (10,646,000)       1,385,000     1,153,000
Release of shares, net of forfeitures (in shares)       431,440                              
Stock-based compensation                       5,407,000             5,407,000
Shares received to satisfy distribution of retirement benefits       $ (41,101)   (1,359,000)               $ 1,496,000   (1,130,000)     (993,000)
Shares received related to tax withholding       (3,342)                       (111,000)     (111,000)
Cash dividends declared and paid to preferred stockholders                 (7,286,000)                   (7,286,000)
Cash dividends declared and paid to common stockholders                 (44,311,000)                   (44,311,000)
Redemption of real estate investment trust ("REIT") preferred stock           (121,000)                         (121,000)
Repurchase of shares of common stock       (1,755,061)                       (59,280,000)     (59,280,000)
Balance at Dec. 31, 2021   $ 116,569,000   $ 416,000   $ 494,125,000     $ 654,726,000   $ (6,181,000) $ (7,842,000)       $ (59,193,000)     $ 1,192,620,000
Balance (in shares) at Dec. 31, 2021       39,877,833                             39,877,833