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Equity | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Stockholders' Equity Note Disclosure | Shareholders' Equity Dividends The following summarizes the dividend activity for the year ended December 31, 2023:
Declared |  | Regular Cash Dividends Per Common Share |  | Record Date |  | Paid Date
January 11, 2023 (1) |  | $ | 0.35 |  |  | January 23, 2023 |  | February 6, 2023
May 15, 2023 |  | $ | 0.36 |  |  | May 31, 2023 |  | June 15, 2023
August 14, 2023 |  | $ | 0.36 |  |  | August 25, 2023 |  | September 11, 2023
November 13, 2023 |  | $ | 0.36 |  |  | November 24, 2023 |  | December 11, 2023
(1) The dividend that was declared and paid prior to the Merger has been restated as a result of the adjustment to common shares outstanding based on the exchange ratio from the Merger of 0.5958. Subsequent to year end, on February 9, 2024, the Company declared a regular quarterly cash dividend of $0.36 per common share payable on March 11, 2024, to shareholders of record at the close of business on February 23, 2024. The payment of cash dividends is subject to federal regulatory requirements for capital levels and other restrictions. In addition, the cash dividends paid by Umpqua Bank to the Company are subject to both federal and state regulatory requirements.

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- Definition The entire disclosure for the formation, structure, control and ownership of a limited liability company (LLC). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 272 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482987/272-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 272 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//272/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 272 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482987/272-10-50-3 + Details
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