Shareholders' Equity

12 Months Ended

Dec. 31, 2018

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

Dividends.

The following summarizes the dividend activity for the year ended December 31, 2018:

Declared	Regular Cash Dividends Per Common Share		Special Cash Dividends Per Common Share		Record Date	Paid Date
January 25, 2018	$	0.22	$	—	February 7, 2018	February 21, 2018
April 25, 2018	$	0.26	$	—	May 9, 2018	May 23, 2018
July 25, 2018	$	0.26	$	—	August 8, 2018	August 22, 2018
October 25, 2018	$	0.26	$	0.14	November 7, 2018	November 21, 2018

Subsequent to year end, on January 24, 2019, the Company declared a regular quarterly cash dividend of $0.28 per share and a special cash dividend of $0.14 per share payable on February 20, 2019, to shareholders of record at the close of business on February 6, 2019.

The payment of cash dividends is subject to federal regulatory requirements for capital levels and other restrictions. In addition, the cash dividends paid by Columbia Bank to the Company are subject to both federal and state regulatory requirements.