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Subsequent Events | 9 Months Ended
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Sep. 30, 2021
Subsequent Events |
Subsequent Events | Note 23 — Subsequent Events ​ In connection with the merger with Atlantic Capital, the shareholder vote date has been set for November 16, 2021. In addition, the Company received approval from the OCC. The merger is still subject to the approval by the Federal Reserve Board and Atlantic Capital’s shareholders and other customary closing conditions. The transaction is expected to close during the first quarter of 2022. ​ On October 27, 2021, the Company announced the declaration of a quarterly cash dividend on its common stock at $0.49 per share. The dividend is payable on November 19, 2021 to shareholders of record as of November 12, 2021. ​ Effective October 29, 2021, the Company dissolved R4ALL, Inc., one of the Company’s subsidiaries that managed a troubled loan purchased from the Bank. ​ As of November 3, 2021, the Company repurchased an additional 120,072 shares of the Company’s common stock pursuant to the 2021 Stock Repurchase Plan at a weighted average price of $76.83 per share after September 30, 2021. Total stock repurchases to date equal 1,305,563 shares at a weighted average price of $80.74 per share. The Company may repurchase up to an additional 2.2 million shares of common stock under the 2021 Stock Repurchase Plan. ​ ​

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6842918&loc=SL6314017-165662 + Details
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