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Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
Dec. 31, 2022
USD ($)
$ / shares
Dec. 31, 2021
USD ($)
$ / shares
Dec. 31, 2020
USD ($)
$ / shares
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
YearSummary Compensation Table Total for PEOCompensation Actually Paid to PEO (1)Average Summary Compensation Table Total for Non-PEO NEOsAverage Compensation Actually Paid to Non-PEO NEOs (1)Value of Initial Fixed $100 Investment Based On:Net Income ($000s)Diluted Earnings Per Share
TSRPeer Group TSR
2023$3,445,438 $2,116,497 $1,355,463 $898,728 $100 $103 $194,059 $5.07 
2022$4,160,216 $4,835,417 $1,766,407 $1,995,112 $108 $111 $203,043 $5.31 
2021$2,450,066 $3,099,999 $1,045,830 $1,276,627 $102 $130 $133,055 $3.86 
2020$1,556,996 $1,165,813 $776,407 $621,177 $74 $93 $74,384 $2.76 
     
Named Executive Officers, Footnote Our CEO, Mr. Lally, was the Company’s principal executive officer (“PEO”) for each year. NEOs for 2023 include Messrs. Turner, Goodman, Bauche and Ponder. NEOs for 2020-2022 include Messrs. Turner, Goodman and Bauche and Ms. Iannacone.      
Peer Group Issuers, Footnote The peer group is the S&P Regional Banks Select Industry Index.      
PEO Total Compensation Amount $ 3,445,438 $ 4,160,216 $ 2,450,066 $ 1,556,996
PEO Actually Paid Compensation Amount $ 2,116,497 4,835,417 3,099,999 1,165,813
Adjustment To PEO Compensation, Footnote Compensation actually paid is detailed in the table below:
Compensation Actually Paid to PEO
2023202220212020
Total compensation in the Summary Compensation Table $3,445,438 $4,160,216 $2,450,066 $1,556,996 
Deduction for stock award values included in the Summary Compensation Table(1,272,594)(2,080,526)(777,478)(405,101)
Deduction for stock option values included in the Summary Compensation Table(382,804)(299,997)(221,873)— 
Addition for the fair value as of the end of the year of awards granted during the year that are outstanding and unvested at the end of the year 1,133,826 2,825,436 1,370,239 311,273 
Change in fair value as of the end of the year, from the end of the prior year, of any awards granted in any prior year that are outstanding and unvested as of the end of the year (505,980)168,262 269,631 (149,253)
Change in fair value as of the vesting date, from the end of the prior year, of awards granted in a prior year that vested in the current year (301,389)62,026 87,429 (148,102)
Subtraction for the prior year fair value of awards granted in a prior year that failed to meet the applicable vesting conditions during the year— — (78,015)— 
Compensation Actually Paid$2,116,497 $4,835,417 $3,099,999 $1,165,813 
     
Non-PEO NEO Average Total Compensation Amount $ 1,355,463 1,766,407 1,045,830 776,407
Non-PEO NEO Average Compensation Actually Paid Amount $ 898,728 1,995,112 1,276,627 621,177
Adjustment to Non-PEO NEO Compensation Footnote Compensation actually paid is detailed in the table below, continued:
Average Compensation Actually Paid to Non-PEO NEOs
2023202220212020
Total compensation in the Summary Compensation Table$1,355,463 $1,766,407 $1,045,830 $776,407 
Deduction for stock award values included in the Summary Compensation Table(406,492)(904,799)(270,804)(141,725)
Deduction for stock option values included in the Summary Compensation Table(122,279)(98,125)(77,282)— 
Addition for the fair value as of the end of the year of awards granted during the year that are outstanding and unvested at the end of the year362,170 1,151,323 477,273 108,899 
Change in fair value as of the end of the year, from the end of the prior year, of any awards granted in any prior year that are outstanding and unvested as of the end of the year(185,159)58,608 94,328 (55,701)
Change in fair value as of the vesting date, from the end of the prior year, of awards granted in a prior year that vested in the current year(104,975)21,698 34,388 (66,703)
Subtraction for the prior year fair value of awards granted in a prior year that failed to meet the applicable vesting conditions during the year— — (27,106)— 
Compensation Actually Paid$898,728 $1,995,112 $1,276,627 $621,177 
     
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid versus Cumulative TSR
1180
     
Compensation Actually Paid vs. Net Income
Compensation Actually Paid versus Net Income
1128
     
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid versus EPS

1221
     
Total Shareholder Return Vs Peer Group
Compensation Actually Paid versus Cumulative TSR
1180
     
Tabular List, Table
Important Financial Performance Measures
Earnings per share
Loan growth
Return on average tangible common equity
Nonperforming assets to total assets
     
Total Shareholder Return Amount $ 100 108 102 74
Peer Group Total Shareholder Return Amount 103 111 130 93
Net Income (Loss) $ 194,059,000 $ 203,043,000 $ 133,055,000 $ 74,384,000
Company Selected Measure Amount | $ / shares 5.07 5.31 3.86 2.76
PEO Name Mr. Lally      
Additional 402(v) Disclosure
Our pay for performance philosophy results in a significant portion of total compensation for the NEOs being comprised of performance-based awards with both short and long-term targets. The financial performance metrics used in the performance awards are selected by the Compensation Committee to align compensation with shareholder interests and long-term value creation, while ensuring a competitive wage as compared to our peers. This has resulted in a significant level of compensation at-risk for the NEOs. In 2023, our CEOs and other NEOs total compensation included 75% and 65%, respectively, that was at risk.
Compensation actually paid to our NEOs includes the end-of-year fair value of awards granted during the year, changes in the fair value of awards granted in prior fiscal years, and other changes related to forfeited awards, as applicable.

Select items that impacted compensation actually paid and our financial measures in the table and graph above include:
In 2020, the Company increased its allowance for credit losses due to the heightened risk to the economy and its customers because of the COVID-19 pandemic. The Company also completed an acquisition at the end of 2020, which increased the provision for credit losses and merger expense. These activities resulted in a decline in net income and EPS when compared to 2019. STIP payouts were above target, but below exceptional, and the three-year cumulative LTIP performance payouts were at 119% of target out of a maximum award of 200%. Equity markets were volatile in 2020 due to the pandemic and both the Company’s stock and the peer index had a negative return. The negative total shareholder return in 2020 reduced a portion of the LTIP award that uses this metric in the performance criteria to 29% of the targeted amount.
In 2021, the Company completed another acquisition that resulted in additional provision for credit losses and merger expenses for the year. The Company also closed certain branch locations and recognized a related impairment charge. In support of its customers, the Company was an active participant in the Paycheck Protection Program that generated additional interest and fee income on loans. The total shareholder return for the both the Company and the peer index rebounded in 2021 with double digit returns. STIP payouts in 2021 were above target but below exceptional levels and the three-year cumulative LTIP performance payouts were at 59% of target out of a maximum award of 200%. No LTIP shares were awarded based on the three-year cumulative total shareholder return in 2021.
In 2022, rising interest rates benefited the Company’s asset-sensitive balance sheet, resulting in an increase to net income and EPS. The Company’s total shareholder return increased in 2022, while the peer index declined. STIP payouts in 2022 were at the exceptional level and LTIP performance awards were at 132% of the aggregate target level. As noted in the compensation discussion and analysis, the NEOs also received a one-time Special Award in 2022 to increase retention.
In 2023, net interest income continued to expand due to organic growth and an increase in market interest rates. In the industry, three large regional banks failed at the beginning of the year. The rise in short-term rates and robust deposit competition after the bank failures increased deposit costs. The provision for credit losses increased from a historically low level in 2022 and noninterest expense expanded due to higher deposit servicing costs and employee compensation and benefits. The total shareholder return for both the Company and the peer index were negative in 2023 as a result of the market disruption following the bank failures. STIP payments in 2023 were below the exceptional level due to the decline in EPS in 2023 from 2022. The LTIP performance awards were at 169% of the aggregate target level and were reflective of the three-year cumulative EPS and TSR targets.
     
Measure:: 1        
Pay vs Performance Disclosure        
Name Earnings per share      
Measure:: 2        
Pay vs Performance Disclosure        
Name Loan growth      
Measure:: 3        
Pay vs Performance Disclosure        
Name Return on average tangible common equity      
Measure:: 4        
Pay vs Performance Disclosure        
Name Nonperforming assets to total assets      
PEO | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ (1,272,594) $ (2,080,526) $ (777,478) $ (405,101)
PEO | Stock Option Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (382,804) (299,997) (221,873) 0
PEO | Equity Awards Granted During The Year, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,133,826 2,825,436 1,370,239 311,273
PEO | Equity Awards Granted In Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (505,980) 168,262 269,631 (149,253)
PEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (301,389) 62,026 87,429 (148,102)
PEO | Equity Awards That Failed To Meet Vesting Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 0 (78,015) 0
Non-PEO NEO | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (406,492) (904,799) (270,804) (141,725)
Non-PEO NEO | Stock Option Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (122,279) (98,125) (77,282) 0
Non-PEO NEO | Equity Awards Granted During The Year, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 362,170 1,151,323 477,273 108,899
Non-PEO NEO | Equity Awards Granted In Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (185,159) 58,608 94,328 (55,701)
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (104,975) 21,698 34,388 (66,703)
Non-PEO NEO | Equity Awards That Failed To Meet Vesting Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ 0 $ (27,106) $ 0