XML 23 R2.htm IDEA: XBRL DOCUMENT v3.24.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2023
USD ($)
dollarsPerShare
Dec. 31, 2022
USD ($)
dollarsPerShare
Dec. 31, 2021
USD ($)
dollarsPerShare
Dec. 31, 2020
USD ($)
dollarsPerShare
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table
Year Summary Compen-sation Table Total for PEOCompen-sation Actually Paid to PEO
Average Summary Compen-sation Table Total for Non-PEO Named Executive Officers(1)
Average Compen-sation Actually Paid to Non-PEO Named Executive Officers(1)
Value of Initial Fixed $100 Investment Based On:
Net Income (in millions)(3)
Earnings per Share (diluted)(3)
Total Shareholder Return
Peer Group(2)
2023
$3,191,637 $1,250,569 $1,069,067 $746,812 $72$116$100.5$3.31
2022$4,418,281 $3,272,186 $1,853,466 $1,606,230 $98$116$140.9$4.39
2021$5,491,034 $6,808,025 $1,960,009 $2,559,884 $126$125$176.7$5.52
2020
$3,609,296 $3,163,054 $1,887,526 $1,767,368 $87$91$132.2$4.18
     
Company Selected Measure Name Earnings Per Share      
Peer Group Issuers, Footnote Peer group is the KBW NASDAQ Regional Bank Index, which is the peer group used for our performance graph in our December 31, 2023 Annual Report on Form 10-K.      
PEO Total Compensation Amount $ 3,191,637 $ 4,418,281 $ 5,491,034 $ 3,609,296
PEO Actually Paid Compensation Amount $ 1,250,569 3,272,186 6,808,025 3,163,054
Adjustment To PEO Compensation, Footnote In 2022, 2021 and 2020, includes Messrs. Pozez, Levingston, Marquez and Rheaume and Ms. Williams.
Pay versus Performance AdjustmentPEO
2023
2022
2021
2020
SCT Total Compensation$3,191,637 $4,418,281 $5,491,034 $3,609,296 
Less: Change in Pension Value— (7,039)(219)(38,842)
Add: Actuarially Determined Service Cost(103,359)(72,645)(85,621)(39,675)
Less: Values Reported in the SCT for Stock Awards Granted in the Covered Year(2,194,859)(1,902,462)(1,903,140)(1,722,851)
Add: Fair Values of the Stock Awards Granted in the Covered Year1,473,546 1,479,957 2,309,113 1,557,901 
Change in Fair Value of Unvested Stock Award from Prior Years(827,708)(690,887)816,273 (148,555)
Change in Fair Value of Unvested Stock Award from Prior Years that Vest in Covered Year(364,006)15,968 144,812 1,779 
Less: Fair Value of Stock Awards Forfeited During the Covered Year— (32,554)(7,228)(76,933)
Add: Dividends on Stock Award in the Covered Fiscal Year Before Vesting Date75,318 63,567 43,001 20,934 
Compensation Actually Paid$1,250,569 $3,272,186 $6,808,025 $3,163,054 
     
Non-PEO NEO Average Total Compensation Amount $ 1,069,067 1,853,466 1,960,009 1,887,526
Non-PEO NEO Average Compensation Actually Paid Amount $ 746,812 1,606,230 2,559,884 1,767,368
Adjustment to Non-PEO NEO Compensation Footnote
Pay versus Performance Adjustment
Average of Non-PEO NEOs
2023
2022
2021
2020
SCT Total Compensation$1,069,067 $1,853,466 $1,960,009 $1,887,526 
Less: Change in Pension Value(55,763)(86,333)(75,121)(50,658)
Add: Actuarially Determined Service Cost40,789 70,066 62,576 41,103 
Less: Values Reported in the SCT for Stock Awards Granted in the Covered Year
(392,149)(395,991)(404,079)(942,683)
Add: Fair Values of the Stock Awards Granted in the Covered Year232,362 308,045 490,275 932,123 
Change in Fair Value of Unvested Stock Award from Prior Years(99,935)(156,331)404,948 (84,216)
Change in Fair Value of Unvested Stock Award from Prior Years that Vest in Covered Year(61,501)11,792 100,865 (6,878)
Less: Fair Value of Stock Awards Forfeited During the Covered Year— (16,440)(3,345)(26,367)
Add: Dividends on Stock Award in the Covered Fiscal Year Before Vesting Date13,942 17,956 23,756 17,418 
Compensation Actually Paid$746,812 $1,606,230 $2,559,884 $1,767,368 
     
Tabular List, Table
The following is a list of the most important financial measures, along with Earnings Per Share, used for the most recent fiscal year to link compensation actually paid to the PEO and Non-PEO named executive officers:
Adjusted net income
Net interest margin
Earnings per share
Relative return on average assets
Average loans
Relative total shareholder return
Efficiency
     
Total Shareholder Return Amount $ 72 98 126 87
Peer Group Total Shareholder Return Amount 116 116 125 91
Net Income (Loss) $ 100,500,000 $ 140,900,000 $ 176,700,000 $ 132,200,000
Company Selected Measure Amount | dollarsPerShare 3.31 4.39 5.52 4.18
Measure:: 1        
Pay vs Performance Disclosure        
Name •Adjusted net income      
Measure:: 2        
Pay vs Performance Disclosure        
Name •Earnings per share      
Measure:: 3        
Pay vs Performance Disclosure        
Name •Average loans      
Measure:: 4        
Pay vs Performance Disclosure        
Name •Efficiency      
Measure:: 5        
Pay vs Performance Disclosure        
Name •Net interest margin      
Measure:: 6        
Pay vs Performance Disclosure        
Name •Relative return on average assets      
Measure:: 7        
Pay vs Performance Disclosure        
Name •Relative total shareholder return      
PEO | Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 0 $ (7,039) $ (219) $ (38,842)
PEO | Pension Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (103,359) (72,645) (85,621) (39,675)
PEO | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (2,194,859) (1,902,462) (1,903,140) (1,722,851)
PEO | Equity Awards Reported Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 1,473,546 1,479,957 2,309,113 1,557,901
PEO | Equity Awards Granted in Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (827,708) (690,887) 816,273 (148,555)
PEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (364,006) 15,968 144,812 1,779
PEO | Equity Awards that Failed to Meet Vesting Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 (32,554) (7,228) (76,933)
PEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 75,318 63,567 43,001 20,934
Non-PEO NEO | Change in Pension Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (55,763) (86,333) (75,121) (50,658)
Non-PEO NEO | Pension Adjustments, Service Cost [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 40,789 70,066 62,576 41,103
Non-PEO NEO | Stock Awards Adjustments [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (392,149) (395,991) (404,079) (942,683)
Non-PEO NEO | Equity Awards Reported Value [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 232,362 308,045 490,275 932,123
Non-PEO NEO | Equity Awards Granted in Prior Years, Unvested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (99,935) (156,331) 404,948 (84,216)
Non-PEO NEO | Equity Awards Granted in Prior Years, Vested [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount (61,501) 11,792 100,865 (6,878)
Non-PEO NEO | Equity Awards that Failed to Meet Vesting Conditions [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 (16,440) (3,345) (26,367)
Non-PEO NEO | Equity Awards, Value of Dividends and Other Earnings Paid Adjustment [Member]        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 13,942 $ 17,956 $ 23,756 $ 17,418