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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Hampden Bancorp Inc
Firestone Financial
44 Business Capital
First Choice Bank
Common stock
Common stock
Hampden Bancorp Inc
Common stock
Firestone Financial
Common stock
44 Business Capital
Common stock
First Choice Bank
Additional paid-in capital
Additional paid-in capital
Hampden Bancorp Inc
Additional paid-in capital
Firestone Financial
Additional paid-in capital
First Choice Bank
Unearned compensation
Retained earnings
Accumulated other comprehensive (loss) income
Treasury stock
[1]
Treasury stock
44 Business Capital
[1]
Beginning balance (shares) at Dec. 31, 2013           25,036,000                          
Beginning balance at Dec. 31, 2013 $ 678,062         $ 265         $ 587,247       $ (5,563) $ 141,958 $ (9,057) $ (36,788)  
Comprehensive income:                                      
Net income 33,744                             33,744      
Other net comprehensive income (loss) 15,636                               15,636    
Total comprehensive income 49,380                                    
Cash dividends declared (18,075)                             (18,075)      
Treasury stock purchased (shares)           (100,000)                          
Treasury stock purchased (2,468)                                 (2,468)  
Forfeited shares (shares)           (9,000)                          
Forfeited shares 0                   (3)       221     (218)  
Exercise of stock options (shares)           90,000                          
Exercise of stock options 1,064                             (1,181)   2,245  
Restricted stock grants (shares)           187,000                          
Restricted stock grants 0                   (19)       (4,604)     4,623  
Stock-based compensation 3,840                   41       3,799        
Net tax benefit related to stock-based compensation (1,971)                   (1,971)                
Other, net (shares)           (21,000)                          
Other, net (545)                   (6)             (539)  
Ending balance (shares) at Dec. 31, 2014           25,183,000                          
Ending balance at Dec. 31, 2014 709,287         $ 265         585,289       (6,147) 156,446 6,579 (33,145)  
Comprehensive income:                                      
Net income 49,518                             49,518      
Other net comprehensive income (loss) (9,884)                               (9,884)    
Total comprehensive income 39,634                                    
Stock issued pursuant to acquisition (shares)             4,186,000 1,442,000                      
Stock issued pursuant to acquisition   $ 114,604 $ 42,107       $ 42 $ 15       $ 114,562 $ 42,092            
Cash dividends declared (21,903)                             (21,903)      
Treasury stock purchased (shares)           (18,000)                          
Treasury stock purchased (550)                                 (550)  
Forfeited shares (shares)           (20,000)                          
Forfeited shares 0                   47       509     (556)  
Exercise of stock options (shares)           16,000                          
Exercise of stock options 239                             (176)   415  
Restricted stock grants (shares)           226,000                          
Restricted stock grants 0                   440       (6,029)     5,589  
Stock-based compensation 4,670                   0       4,670        
Net tax benefit related to stock-based compensation 167                   167                
Other, net (shares)           (41,000)                          
Other, net (1,066)                   22             (1,088)  
Ending balance (shares) at Dec. 31, 2015           30,974,000                          
Ending balance at Dec. 31, 2015 887,189         $ 322         742,619       (6,997) 183,885 (3,305) (29,335)  
Comprehensive income:                                      
Net income 58,670                             58,670      
Other net comprehensive income (loss) 13,071                               13,071    
Total comprehensive income 71,741                                    
Stock issued pursuant to acquisition (shares)       45,000 4,400,000       45,000 4,410,000                  
Stock issued pursuant to acquisition       $ 1,217 $ 151,048         $ 44       $ 151,004         $ 1,217
Cash dividends declared (24,916)                             (24,916)      
Treasury stock purchased 0                   4,632             (4,632)  
Forfeited shares (shares)           (70,000)                          
Forfeited shares 0                   148       1,789     (1,937)  
Exercise of stock options (shares)           151,000                          
Exercise of stock options 3,712                             (145)   3,857  
Restricted stock grants (shares)           211,000                          
Restricted stock grants 0                   575       (5,787)     5,212  
Stock-based compensation 4,621                           4,621        
Net tax benefit related to stock-based compensation (1)                   (1)                
Other, net (shares)           (48,000)                          
Other, net (1,313)                   12             (1,325)  
Ending balance (shares) at Dec. 31, 2016           35,673,000                          
Ending balance at Dec. 31, 2016 $ 1,093,298         $ 366         $ 898,989       $ (6,374) $ 217,494 $ 9,766 $ (26,943)  
Comprehensive income:                                      
Treasury stock retired (in shares) 168,931                                    
[1] Treasury stock adjustment represents the extinguishment of 168,931 shares of Berkshire Hills Bancorp stock held by the Company's subsidiary.