Shareholders' Equity

9 Months Ended

Sep. 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
July 29, 2021	$	0.28	August 11, 2021	August 25, 2021
September 30, 2021	$	0.30	October 13, 2021	October 27, 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 nine months ended September 30, 2021, the Company did not purchase any common shares under its share repurchase program.