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Pay vs Performance Disclosure

12 Months Ended

Dec. 31, 2025

USD ($)

Dec. 31, 2024

USD ($)

Dec. 31, 2023

USD ($)

Dec. 31, 2022

USD ($)

Dec. 31, 2021

USD ($)

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table


													Value of Initial Fixed $100 Investment Based on:
Year	Summary Compensation Table Total for Paul Perrault PEO (1)		Compensation Actually Paid to Paul Perrault PEO (2)		Summary Compensation Table Total for Nitin Mhatre PEO (1)		Compensation Actually Paid to Nitin Mhatre PEO (2)		Average Summary Compensation Table Total for Non-PEO NEOs (3)		Average Compensation Actually Paid to Non-PEO NEOs (4)		Total Shareholder Return (5)		Peer Group Total Shareholder Return (6)		Net Income (thousands) (7)		Operating ROTCE (%)(8)
(a)	(b)		(c)		(b)		(c)		(d)		(e)		(f)		(g)		(h)		(i)
2025	$	1,284,440	$	1,304,333	$	8,542,850	$	8,425,616	$	2,129,030	$	2,122,434	$	115	$	152	$	90,271	10.91	%
2024	$	—	$	—	$	2,662,950	$	2,680,210	$	991,245	$	909,963	$	100	$	131	$	61,003	9.56	%
2023	$	—	$	—	$	2,633,381	$	1,658,299	$	907,631	$	635,368	$	85	$	116	$	69,598	10.05	%
2022	$	—	$	—	$	2,609,600	$	2,984,797	$	957,688	$	987,755	$	99	$	116	$	92,533	10.07	%
2021	$	—	$	—	$	2,292,852	$	2,947,138	$	616,334	$	643,915	$	93	$	125	$	118,664	7.58	%

Company Selected Measure Name

•Asset Quality

Named Executive Officers, Footnote

Nitin Mhatre was our PEO from 2021 through close of the Transaction. Paul Perrault is our PEO effective as of the close of the Transaction. The dollar amounts reported in column (b) are the amounts of total compensation reported for Mr. Mhatre and Mr. Perrault, respectively for each corresponding year in the "Total" column of the Summary Compensation Table. Refer to "Named Executive Compensation - Summary Compensation Table." The dollar amounts reported in column (d) represent the average of the amounts reported for the Company’s named officers as a group, (excluding Mr. Perrault, who has served as our PEO since close of the Transaction and Mr. Mhatre who served as our PEO from 2021 - close of the Transaction)(the "non-PEO NEOs") in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the non-PEO NEOs included for purposes of calculating the average amounts in 2025 are as follows: (i) Carl M. Carlson, Sean A. Gray, Jacqueline Courtwright, Wm. Gordon Prescott, Brett Brbovic, James Brown, and Gregory Lindenmuth.

Peer Group Issuers, Footnote

Represents the weighted peer group TSR, weighted according to the respective companies’ stock market
capitalization at the beginning of each period for which a return is indicated.

Adjustment To PEO Compensation, Footnote

The dollar amounts reported in column (c) represent the amount of "compensation actually paid" to Mr. Perrault and Mr. Mhatre, respectively, as calculated in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect actual amounts of compensation earned or paid to Mr. Perrault or Mr. Mhatre, respectively, during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Perrault and Mr. Mhatre's total compensation for each year to determine the compensation actually paid:


Year	Reported Summary Compensation Table Total for PEO - Perrault	Less Reported Value of Equity Awards (a)	Equity Award Adjustments (b)	Reported Changes in the Actuarial Present Value of Pension Benefits (c)	Pension Benefits Adjustments (d)	Compensation Actually Paid to PEO
2025	1,284,440	(452,684)	472,577	—	—	1,304,333

(a)

Amounts reported in this column reflect the subtraction of the grant date fair value of equity awards, reported in the "Stock Awards" and "Option Awards" columns in the Summary Compensation Table for the applicable year.

(b)

The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity award granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards that are granted and vest in the sample applicable year, the fair value as of the vesting date; (iv) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value; (v) for awards granted in prior years that are determined to fail to meet the applicable vesting conditions during the applicable year, a deduction for the amount equal to the fair value at the end of the prior fiscal year; and (vi) the dollar value of any dividends or other earnings paid on stock or option awards in the applicable year prior to the vesting date that are not otherwise reflected in the fair value of such award or included in any other component of total compensation for the applicable year. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. The amounts deducted or added in calculating the equity award adjustments are as follows:


Year	Year End Fair Value of Equity Awards - Perrault	Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards	Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year	Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year	Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in the Fair Value or Total Compensation	Total Equity Award Adjustments
2025	472,577	—	—	—	—	472,577


Year	Reported Summary Compensation Table Total for PEO - Mhatre		Less Reported Value of Equity Awards (a)		Equity Award Adjustments (b)		Reported Changes in the Actuarial Present Value of Pension Benefits (c)		Pension Benefits Adjustments (d)		Compensation Actually Paid to PEO
2025	$	8,542,850	$	—	$	(117,234)	$	—	$	—	$	8,425,616

(a)

(b)


Year	Year End Fair Value of Equity Awards - Mhatre		Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards		Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year		Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in the Fair Value or Total Compensation		Total Equity Award Adjustments
2025	$	—	$	—	$	—	$	(117,234)	$	—	$	(117,234)

Non-PEO NEO Average Total Compensation Amount

$ 2,129,030

$ 991,245

$ 907,631

$ 957,688

$ 616,334

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,122,434

909,963

635,368

987,755

643,915

Adjustment to Non-PEO NEO Compensation Footnote

The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the non-PEO NEO's, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the non-PEO NEOs during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the non PEO-NEOs for each year to determine the compensation actually paid, using the same methodology described above in Note 2:


Year	Average Reported Summary Compensation Table Total for Non-PEO NEOs		Less Average Reported Value of Equity Awards		Average Equity Award Adjustments (a)		Average Reported Changes in the Actuarial Present Value of Pension Benefits		Average Pension Benefits Adjustments (b)		Average Compensation Actually Paid to Non-PEO NEOs
2025	$	2,129,030	$	(28,432)	$	21,836	$	—	$	—	$	2,122,434

(a)

The amounts deducted or added in calculating the total average equity award adjustments are as follows:


Year	Average Year End Fair Value of Equity Awards		Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards		Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in the Year		Average Year over Year Change in Fair Value of Equity Awards Granted in Prior Years that Vested in the Year		Average Value of Dividends or other Earnings Paid on Stock or Option Awards not Otherwise Reflected in the Fair Value or Total Compensation		Total Average Equity Award Adjustments
2025	$	29,681	$	—	$	—	$	21,836	$	—	$	21,836

Compensation Actually Paid vs. Total Shareholder Return

Compensation Actually Paid and Cumulative TSR

The amount of compensation actually paid to Mr. Perrault and Mr. Mhatre, respectively, and the average amount of compensation actually paid to the Company's Named Officers as a group (excluding Mr. Perrault and Mr. Mhatre) is aligned with the Company's cumulative TSR over the five years presented in the table when taking into account certain one time events and market conditions. In 2025, the Company's TSR was impacted by the issuance of new shares in connection with the Transaction and merger related expenses. The alignment of compensation actually paid with the Company's cumulative TSR over the period presented is important because a significant amount of the compensation actually paid to Mr. Perrault and Mr. Mhatre, respectively, and the other Named Officers is comprised of performance based equity awards. In general, these awards cliff vest at the end of a three-year term and the vesting of the awards is based on the Company's achievement of certain identified performance targets, including TSR. As more fully described in this Proxy Statement, Mr. Mhatre departed the Company in connection with the Transaction. As such, Mr. Mhatre's compensation for 2025 was impacted by certain contractual payments he received in connection with the Transaction. Mr. Perrault joined the Company in September 2025, therefore his compensation for 2025 reflects a prorated period. For more information about the Company's performance based equity awards, please see the Compensation Discussion and Analysis portion of this document.

Compensation Actually Paid vs. Net Income

Compensation Actually Paid and Net Income

Compensation Actually Paid vs. Company Selected Measure

Compensation Actually Paid and Asset Quality

Total Shareholder Return Vs Peer Group

Cumulative TSR of the Company and Cumulative TSR of the Peer Group

The graph below shows the relationship between our TSR and the KBW Nasdaq Regional Banking Index TSR, our peer group. This comparison assumes $100 was invested on December 31, 2020 in our common stock and the comparison group and assumes the reinvestment of all cash dividends prior to any tax effect and retention of all stock dividends.

Tabular List, Table

•Total Return to Stockholders

•Asset Quality

•Operating Return on Tangible Common Equity

•Operating Return on Assets

•Operating Pre-tax Pre-Provision Net Revenue

•Efficiency Ratio

•Net Charge-offs/Average Loans

Total Shareholder Return Amount

$ 115

100

Peer Group Total Shareholder Return Amount

152

131

116

125

Net Income (Loss)

$ 90,271,000,000

$ 61,003,000,000

$ 69,598,000,000

$ 92,533,000,000

$ 118,664,000,000

PEO Name

Mr. Mhatre

Additional 402(v) Disclosure

Pay-versus-Performance Disclosure

Consistent with the requirements of the Dodd Frank Act Section 953(a) and Item 402(v) of Regulation S-K, we are providing the following disclosures about the relationship between the Company's financial performance and executive compensation. These disclosures are designed to comply with the pay-versus-performance ("Pay-versus-Performance") metrics as established by the SEC. For additional information regarding the Company's variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company's performance, please refer to "Executive Compensation - Compensation Discussion and Analysis."

Cumulative TSR is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price at the end and the beginning of the measurement period by the Company’s share price at the beginning of the measurement period.The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial
statements for the applicable year.

Financial Performance Measures

As more fully described in the Compensation Discussion and Analysis, the Company's executive compensation program reflects a variable pay-for-performance philosophy. The Compensation Committee selects metrics for the Company's short-term and long-term incentive awards that are intended to incentivize our executives to increase Company value for our stockholders. For the most recently completed fiscal year, the most important financial measures used by the Company to link executive compensation actually paid to the Company's Named Officers to the Company's performance are as follows:

Analysis of the Information Presented in the Pay-versus-Performance Table

As described in more detail in the Compensation Discussion and Analysis portion of this document, the Company's executive compensation program reflects a variable pay-for-performance philosophy. The Compensation Committee has developed a compensation philosophy over a period of years that is designed to attract, retain, and motivate executives to further the Company's long-term strategic plan and drive stockholder value. This program is designed to be fair and appropriate within the Company and the markets in which the Company operates. While the Company's program utilizes several performance metrics to align executive compensation with Company performance, all of those measures are not presented in the Pay-versus-Performance table. Moreover, the Company generally seeks to incentivize long-term performance, and therefore does not specifically align the Company's performance measures with compensation that is actually paid (as computed in accordance with Item 402(v) of Regulation S-K) for

a particular year. In accordance with Item 402(v) of Regulation S-K, the Company is providing the following descriptions of the relationships between information presented in the Pay-versus-Performance table.

Measure:: 1

Pay vs Performance Disclosure

Name

•Total Return to Stockholders

Measure:: 2

Pay vs Performance Disclosure

Name

•Asset Quality

Non-GAAP Measure Description

Asset quality is based on net charges offs as a percentage of loans over the performance grant measurement period as compared to peers.

Measure:: 3

Pay vs Performance Disclosure