Shareholders' Equity

6 Months Ended

Jun. 30, 2021

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

Dividends:

The following table summarizes year-to-date dividend activity:

Declared	Regular Cash Dividends Per Common Share		Record Date	Paid Date
January 28, 2021	$	0.28	February 10, 2021	February 24, 2021
April 29, 2021	$	0.28	May 12, 2021	May 26, 2021

Subsequent to quarter end, on July 29, 2021, the Company declared a regular quarterly cash dividend of $0.28 per common share payable on August 25, 2021 to shareholders of record at the close of business on August 11, 2021.

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.

Share Repurchase Program:

For the three and six months ended June 30, 2021, the Company did not purchase any common shares under the share repurchase program.