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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Preferred Stock
Cumulative Effect, CECL Adoption, Adjusted Balance
Preferred Stock
Common Stock
Cumulative Effect, CECL Adoption, Adjusted Balance
Common Stock
Additional Paid-in Capital
Cumulative Effect, CECL Adoption, Adjusted Balance
Additional Paid-in Capital
Retained Earnings
Cumulative Effect, CECL Adoption, Adjustment
Retained Earnings
Cumulative Effect, CECL Adoption, Adjusted Balance
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Cumulative Effect, CECL Adoption, Adjusted Balance
Accumulated Other Comprehensive (Loss) Income
Unearned Equity Awards
Common Stock Held by BMP [Member]
Cumulative Effect, CECL Adoption, Adjusted Balance
Common Stock Held by BMP [Member]
Treasury Stock, at Cost
Cumulative Effect, CECL Adoption, Adjusted Balance
Treasury Stock, at Cost
Cumulative Effect, CECL Adoption, Adjustment
Cumulative Effect, CECL Adoption, Adjusted Balance
Total
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                              
Increase (Decrease) in Stockholders' Equity                                      
Net 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, 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                              
Increase (Decrease) in Stockholders' Equity                                      
Net income                                     30,244
Other comprehensive income (loss), net of tax                     10,500               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                              
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 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 to preferred stockholders                 (1,822)                   (1,822)
Cash dividends declared to common stockholders, net                 (9,962)                   (9,962)
Purchase of treasury stock                               (13,825)     (13,825)
Purchase of treasury 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                              
Balance at Dec. 31, 2021   116,569   $ 416   494,125     654,726   (6,181) (7,842)       (59,193)     $ 1,192,620
Balance (in shares) at Dec. 31, 2021       39,877,833                             39,877,833
Increase (Decrease) in Stockholders' Equity                                      
Net income                 34,531                   $ 34,531
Other comprehensive income (loss), net of tax                     (43,199)               (43,199)
Release of shares, net of forfeitures           844           (3,939)       3,284     189
Release of shares, net of forfeitures (in shares)       127,812                              
Stock-based compensation                       1,219             1,219
Shares received related to tax withholding                               (1,414)     (1,414)
Shares received related to tax withholding (in shares)       (40,731)                              
Cash dividends declared to preferred stockholders                 (1,821)                   (1,821)
Cash dividends declared to common stockholders, net                 (9,446)                   (9,446)
Purchase of treasury stock                               (17,392)     (17,392)
Purchase of treasury stock (in shares)       (505,005)                              
Balance at Mar. 31, 2022   116,569   $ 416   494,969     677,990   (49,380) (10,562)       (74,715)     1,155,287
Balance (in shares) at Mar. 31, 2022       39,459,909                              
Balance at Dec. 31, 2021   116,569   $ 416   494,125     654,726   (6,181) (7,842)       (59,193)     $ 1,192,620
Balance (in shares) at Dec. 31, 2021       39,877,833                             39,877,833
Increase (Decrease) in Stockholders' Equity                                      
Net income                                     $ 73,016
Other comprehensive income (loss), net of tax                     (63,769)               (63,769)
Balance at Jun. 30, 2022   116,569   $ 416   495,266     705,371   (69,950) (10,260)       (96,890)     $ 1,140,522
Balance (in shares) at Jun. 30, 2022       38,769,353                             38,769,353
Balance at Mar. 31, 2022   116,569   $ 416   494,969     677,990   (49,380) (10,562)       (74,715)     $ 1,155,287
Balance (in shares) at Mar. 31, 2022       39,459,909                              
Increase (Decrease) in Stockholders' Equity                                      
Net income                 38,485                   38,485
Other comprehensive income (loss), net of tax                     (20,570)               (20,570)
Release of shares, net of forfeitures           297           (644)       726     379
Release of shares, net of forfeitures (in shares)       27,125                              
Stock-based compensation                       946             946
Shares received related to tax withholding                               (1)     (1)
Shares received related to tax withholding (in shares)       (37)                              
Cash dividends declared to preferred stockholders                 (1,822)                   (1,822)
Cash dividends declared to common stockholders, net                 (9,282)                   (9,282)
Purchase of treasury stock                               (22,900)     (22,900)
Purchase of treasury stock (in shares)       (717,644)                              
Balance at Jun. 30, 2022   $ 116,569   $ 416   $ 495,266     $ 705,371   $ (69,950) $ (10,260)       $ (96,890)     $ 1,140,522
Balance (in shares) at Jun. 30, 2022       38,769,353                             38,769,353