Shareholders' Equity

12 Months Ended

Dec. 31, 2022

Stockholders' Equity Note [Abstract]

Shareholders' Equity [Text Block]

Shareholders’ Equity

Dividends

The following summarizes the dividend activity for the year ended December 31, 2022:

Declared	Regular Cash Dividends Per Common Share		Record Date	Paid Date
January 19, 2022	$	0.30	February 2, 2022	February 16, 2022
April 21, 2022	$	0.30	May 4, 2022	May 18, 2022
July 21, 2022	$	0.30	August 3, 2022	August 17, 2022
October 5, 2022	$	0.30	October 17, 2022	October 28, 2022

Subsequent to year end, on January 24, 2023, the Company declared a regular quarterly cash dividend of $0.30 per common share payable on February 21, 2023, to shareholders of record at the close of business on February 6, 2023.

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.