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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure          
Pay vs Performance Disclosure, Table
PAY VERSUS PERFORMANCE TABLE
The following table and related disclosure are provided in compliance with SEC rules to summarize information regarding the relationship between “compensation actually paid” ​(as calculated under SEC rules) (“CAP”) for our CEO, who serves as our principal executive officer (“PEO”), and our non-PEO NEOs, on an average basis, and the Company’s financial performance.
The methodology for calculating amounts presented in the “CAP” column for the PEO and “Average CAP” column for the non-PEO NEOs, including amounts that were deducted from and added to the Summary Compensation Table totals, is provided in the footnotes to the table.
​ ​ ​ ​
PEO
​ ​
NON-PEO NEOS(1)
​ ​
VALUE OF INITIAL FIXED $100
INVESTMENT BASED ON:
​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​
​
YEAR(2)
​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
($)
​ ​
CAP
($)(3)
​ ​
AVERAGE
SUMMARY
COMPENSATION
TABLE TOTAL
($)
​ ​
AVERAGE
CAP
($)(3)
​ ​
COMPANY TOTAL
SHAREHOLDER
RETURN
($)
​ ​
PEER GROUP
TOTAL
SHAREHOLDER
RETURN
($)(4)
​ ​
NET INCOME
($)
(IN MILLIONS)
​ ​
ROA
​ ​
ROE(5)
​
​ 2024 ​ ​ ​ ​ 7,523,916 ​ ​ ​ ​ ​ 10,880,866 ​ ​ ​ ​ ​ 1,316,997 ​ ​ ​ ​ ​ 1,981,342 ​ ​ ​ ​ ​ 136 ​ ​ ​ ​ ​ 117 ​ ​ ​ ​ ​ 217.5 ​ ​ ​ ​ ​ 2.7% ​ ​ ​ ​ ​ 27% ​ ​
​ 2023 ​ ​ ​ ​ 2,776,593 ​ ​ ​ ​ ​ 6,308,843 ​ ​ ​ ​ ​ 2,041,114 ​ ​ ​ ​ ​ 2,483,716 ​ ​ ​ ​ ​ 136 ​ ​ ​ ​ ​ 93 ​ ​ ​ ​ ​ 192.3 ​ ​ ​ ​ ​ 2.6% ​ ​ ​ ​ ​ 26% ​ ​
​ 2022 ​ ​ ​ ​ 5,910,714 ​ ​ ​ ​ ​ 6,858,711 ​ ​ ​ ​ ​ 825,330 ​ ​ ​ ​ ​ 839,993 ​ ​ ​ ​ ​ 112 ​ ​ ​ ​ ​ 82 ​ ​ ​ ​ ​ 130.2 ​ ​ ​ ​ ​ 1.8% ​ ​ ​ ​ ​ 19% ​ ​
​ 2021 ​ ​ ​ ​ 4,610,714 ​ ​ ​ ​ ​ 11,894,580 ​ ​ ​ ​ ​ 1,096,078 ​ ​ ​ ​ ​ 1,668,204 ​ ​ ​ ​ ​ 185 ​ ​ ​ ​ ​ 140 ​ ​ ​ ​ ​ 110.7 ​ ​ ​ ​ ​ 1.7% ​ ​ ​ ​ ​ 18% ​ ​
​ 2020 ​ ​ ​ ​ 5,265,714 ​ ​ ​ ​ ​ 8,314,341 ​ ​ ​ ​ ​ 1,086,611 ​ ​ ​ ​ ​ 1,294,768 ​ ​ ​ ​ ​ 105 ​ ​ ​ ​ ​ 89 ​ ​ ​ ​ ​ 80.1 ​ ​ ​ ​ ​ 1.3% ​ ​ ​ ​ ​ 15% ​ ​
​
(1)
Non-PEO NEOs consisted of Messrs. Frenkiel, DeRowe, Harris, and Nager in 2024, Frenkiel, DeRowe, Leto, and Harris in 2023, Frenkiel, Garry, Leto, and Harris in 2022, and Frenkiel, Connolly, Garry, and Thomas G. Pareigat in 2021 and 2020.
​
(2)
Our 2024 Proxy Statement identified “Bonus” amounts earned in years prior to 2024 as being earned in the following year. The Summary Compensation Table Totals have been updated in the tables above and below.
​
(3)
Values included in the “CAP” and “Average CAP” columns reflect the below adjustments from the values shown in the “Summary Compensation Table Total” and “Average Summary Compensation Table Total” columns, respectively (amounts shown for the non-PEO NEOs are averages).
​
(4)
For purposes of calculating peer group total shareholder return, the Nasdaq Bank Stock Index was used pursuant to Item 201(e) of Regulation S-K and as reflected in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as amended.
​
(5)
ROE was identified as our “company-selected measure” ​(“CSM”) for fiscal year 2024 because it represents, in our view, the most important measure used to link CAP to performance.
​
RECONCILIATION OF SUMMARY COMPENSATION TABLE TOTAL TO CAP
​
YEAR
​ ​
EXECUTIVE(S)
​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
($)
​ ​
DEDUCT
EQUITY AWARDS
REPORTED IN
SUMMARY
COMPENSATION
TABLE
($)
​ ​
ADD YEAR
END VALUE
OF UNVESTED
EQUITY AWARDS
GRANTED IN
YEAR
($)
​ ​
CHANGE IN
VALUE OF
UNVESTED
EQUITY AWARDS
GRANTED IN
PRIOR YEARS
($)
​ ​
CHANGE IN
VALUE OF
EQUITY AWARDS
GRANTED IN
PRIOR YEARS
WHICH VESTED
IN YEAR
($)
​ ​
CAP ($)
​
​
2024
​ ​
PEO
​ ​ ​ ​ 7,523,916 ​ ​ ​ ​ ​ 5,000,000 ​ ​ ​ ​ ​ 6,452,814 ​ ​ ​ ​ ​ 1,788,696 ​ ​ ​ ​ ​ 115,439 ​ ​ ​ ​ ​ 10,880,866 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,316,997 ​ ​ ​ ​ ​ 825,000 ​ ​ ​ ​ ​ 989,247 ​ ​ ​ ​ ​ 394,579 ​ ​ ​ ​ ​ 105,519 ​ ​ ​ ​ ​ 1,981,342 ​ ​
​
2023
​ ​
PEO
​ ​ ​ ​ 2,776,593 ​ ​ ​ ​ ​ 2,000,000 ​ ​ ​ ​ ​ 2,554,581 ​ ​ ​ ​ ​ 2,046,475 ​ ​ ​ ​ ​ 931,194 ​ ​ ​ ​ ​ 6,308,843 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 2,041,114 ​ ​ ​ ​ ​ 1,343,750 ​ ​ ​ ​ ​ 1,473,252 ​ ​ ​ ​ ​ 130,347 ​ ​ ​ ​ ​ 182,753 ​ ​ ​ ​ ​ 2,483,716 ​ ​
​
2022
​ ​
PEO
​ ​ ​ ​ 5,910,714 ​ ​ ​ ​ ​ 2,151,000 ​ ​ ​ ​ ​ 2,481,987 ​ ​ ​ ​ ​ 849,070 ​ ​ ​ ​ ​ (232,060) ​ ​ ​ ​ ​ 6,858,711 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 825,330 ​ ​ ​ ​ ​ 410,000 ​ ​ ​ ​ ​ 383,747 ​ ​ ​ ​ ​ 66,332 ​ ​ ​ ​ ​ (25,416) ​ ​ ​ ​ ​ 839,993 ​ ​
​
2021
​ ​
PEO
​ ​ ​ ​ 4,610,714 ​ ​ ​ ​ ​ 1,601,000 ​ ​ ​ ​ ​ 2,645,690 ​ ​ ​ ​ ​ 5,404,398 ​ ​ ​ ​ ​ 834,778 ​ ​ ​ ​ ​ 11,894,580 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,096,078 ​ ​ ​ ​ ​ 195,000 ​ ​ ​ ​ ​ 262,370 ​ ​ ​ ​ ​ 337,484 ​ ​ ​ ​ ​ 167,272 ​ ​ ​ ​ ​ 1,668,204 ​ ​
​
2020
​ ​
PEO
​ ​ ​ ​ 5,265,714 ​ ​ ​ ​ ​ 2,256,000 ​ ​ ​ ​ ​ 5,595,944 ​ ​ ​ ​ ​ (199,002) ​ ​ ​ ​ ​ (92,315) ​ ​ ​ ​ ​ 8,314,341 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,086,611 ​ ​ ​ ​ ​ 230,625 ​ ​ ​ ​ ​ 458,220 ​ ​ ​ ​ ​ 11,358 ​ ​ ​ ​ ​ (30,796) ​ ​ ​ ​ ​ 1,294,768 ​ ​
       
Company Selected Measure Name ROE        
Named Executive Officers, Footnote
(1)
Non-PEO NEOs consisted of Messrs. Frenkiel, DeRowe, Harris, and Nager in 2024, Frenkiel, DeRowe, Leto, and Harris in 2023, Frenkiel, Garry, Leto, and Harris in 2022, and Frenkiel, Connolly, Garry, and Thomas G. Pareigat in 2021 and 2020.
       
Peer Group Issuers, Footnote
For purposes of calculating peer group total shareholder return, the Nasdaq Bank Stock Index was used pursuant to Item 201(e) of Regulation S-K and as reflected in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as amended.
       
PEO Total Compensation Amount $ 7,523,916 $ 2,776,593 $ 5,910,714 $ 4,610,714 $ 5,265,714
PEO Actually Paid Compensation Amount $ 10,880,866 6,308,843 6,858,711 11,894,580 8,314,341
Adjustment To PEO Compensation, Footnote
(3)
Values included in the “CAP” and “Average CAP” columns reflect the below adjustments from the values shown in the “Summary Compensation Table Total” and “Average Summary Compensation Table Total” columns, respectively (amounts shown for the non-PEO NEOs are averages).
RECONCILIATION OF SUMMARY COMPENSATION TABLE TOTAL TO CAP
​
YEAR
​ ​
EXECUTIVE(S)
​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
($)
​ ​
DEDUCT
EQUITY AWARDS
REPORTED IN
SUMMARY
COMPENSATION
TABLE
($)
​ ​
ADD YEAR
END VALUE
OF UNVESTED
EQUITY AWARDS
GRANTED IN
YEAR
($)
​ ​
CHANGE IN
VALUE OF
UNVESTED
EQUITY AWARDS
GRANTED IN
PRIOR YEARS
($)
​ ​
CHANGE IN
VALUE OF
EQUITY AWARDS
GRANTED IN
PRIOR YEARS
WHICH VESTED
IN YEAR
($)
​ ​
CAP ($)
​
​
2024
​ ​
PEO
​ ​ ​ ​ 7,523,916 ​ ​ ​ ​ ​ 5,000,000 ​ ​ ​ ​ ​ 6,452,814 ​ ​ ​ ​ ​ 1,788,696 ​ ​ ​ ​ ​ 115,439 ​ ​ ​ ​ ​ 10,880,866 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,316,997 ​ ​ ​ ​ ​ 825,000 ​ ​ ​ ​ ​ 989,247 ​ ​ ​ ​ ​ 394,579 ​ ​ ​ ​ ​ 105,519 ​ ​ ​ ​ ​ 1,981,342 ​ ​
​
2023
​ ​
PEO
​ ​ ​ ​ 2,776,593 ​ ​ ​ ​ ​ 2,000,000 ​ ​ ​ ​ ​ 2,554,581 ​ ​ ​ ​ ​ 2,046,475 ​ ​ ​ ​ ​ 931,194 ​ ​ ​ ​ ​ 6,308,843 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 2,041,114 ​ ​ ​ ​ ​ 1,343,750 ​ ​ ​ ​ ​ 1,473,252 ​ ​ ​ ​ ​ 130,347 ​ ​ ​ ​ ​ 182,753 ​ ​ ​ ​ ​ 2,483,716 ​ ​
​
2022
​ ​
PEO
​ ​ ​ ​ 5,910,714 ​ ​ ​ ​ ​ 2,151,000 ​ ​ ​ ​ ​ 2,481,987 ​ ​ ​ ​ ​ 849,070 ​ ​ ​ ​ ​ (232,060) ​ ​ ​ ​ ​ 6,858,711 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 825,330 ​ ​ ​ ​ ​ 410,000 ​ ​ ​ ​ ​ 383,747 ​ ​ ​ ​ ​ 66,332 ​ ​ ​ ​ ​ (25,416) ​ ​ ​ ​ ​ 839,993 ​ ​
​
2021
​ ​
PEO
​ ​ ​ ​ 4,610,714 ​ ​ ​ ​ ​ 1,601,000 ​ ​ ​ ​ ​ 2,645,690 ​ ​ ​ ​ ​ 5,404,398 ​ ​ ​ ​ ​ 834,778 ​ ​ ​ ​ ​ 11,894,580 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,096,078 ​ ​ ​ ​ ​ 195,000 ​ ​ ​ ​ ​ 262,370 ​ ​ ​ ​ ​ 337,484 ​ ​ ​ ​ ​ 167,272 ​ ​ ​ ​ ​ 1,668,204 ​ ​
​
2020
​ ​
PEO
​ ​ ​ ​ 5,265,714 ​ ​ ​ ​ ​ 2,256,000 ​ ​ ​ ​ ​ 5,595,944 ​ ​ ​ ​ ​ (199,002) ​ ​ ​ ​ ​ (92,315) ​ ​ ​ ​ ​ 8,314,341 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,086,611 ​ ​ ​ ​ ​ 230,625 ​ ​ ​ ​ ​ 458,220 ​ ​ ​ ​ ​ 11,358 ​ ​ ​ ​ ​ (30,796) ​ ​ ​ ​ ​ 1,294,768 ​ ​
       
Non-PEO NEO Average Total Compensation Amount $ 1,316,997 2,041,114 825,330 1,096,078 1,086,611
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,981,342 2,483,716 839,993 1,668,204 1,294,768
Adjustment to Non-PEO NEO Compensation Footnote
(3)
Values included in the “CAP” and “Average CAP” columns reflect the below adjustments from the values shown in the “Summary Compensation Table Total” and “Average Summary Compensation Table Total” columns, respectively (amounts shown for the non-PEO NEOs are averages).
RECONCILIATION OF SUMMARY COMPENSATION TABLE TOTAL TO CAP
​
YEAR
​ ​
EXECUTIVE(S)
​ ​
SUMMARY
COMPENSATION
TABLE TOTAL
($)
​ ​
DEDUCT
EQUITY AWARDS
REPORTED IN
SUMMARY
COMPENSATION
TABLE
($)
​ ​
ADD YEAR
END VALUE
OF UNVESTED
EQUITY AWARDS
GRANTED IN
YEAR
($)
​ ​
CHANGE IN
VALUE OF
UNVESTED
EQUITY AWARDS
GRANTED IN
PRIOR YEARS
($)
​ ​
CHANGE IN
VALUE OF
EQUITY AWARDS
GRANTED IN
PRIOR YEARS
WHICH VESTED
IN YEAR
($)
​ ​
CAP ($)
​
​
2024
​ ​
PEO
​ ​ ​ ​ 7,523,916 ​ ​ ​ ​ ​ 5,000,000 ​ ​ ​ ​ ​ 6,452,814 ​ ​ ​ ​ ​ 1,788,696 ​ ​ ​ ​ ​ 115,439 ​ ​ ​ ​ ​ 10,880,866 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,316,997 ​ ​ ​ ​ ​ 825,000 ​ ​ ​ ​ ​ 989,247 ​ ​ ​ ​ ​ 394,579 ​ ​ ​ ​ ​ 105,519 ​ ​ ​ ​ ​ 1,981,342 ​ ​
​
2023
​ ​
PEO
​ ​ ​ ​ 2,776,593 ​ ​ ​ ​ ​ 2,000,000 ​ ​ ​ ​ ​ 2,554,581 ​ ​ ​ ​ ​ 2,046,475 ​ ​ ​ ​ ​ 931,194 ​ ​ ​ ​ ​ 6,308,843 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 2,041,114 ​ ​ ​ ​ ​ 1,343,750 ​ ​ ​ ​ ​ 1,473,252 ​ ​ ​ ​ ​ 130,347 ​ ​ ​ ​ ​ 182,753 ​ ​ ​ ​ ​ 2,483,716 ​ ​
​
2022
​ ​
PEO
​ ​ ​ ​ 5,910,714 ​ ​ ​ ​ ​ 2,151,000 ​ ​ ​ ​ ​ 2,481,987 ​ ​ ​ ​ ​ 849,070 ​ ​ ​ ​ ​ (232,060) ​ ​ ​ ​ ​ 6,858,711 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 825,330 ​ ​ ​ ​ ​ 410,000 ​ ​ ​ ​ ​ 383,747 ​ ​ ​ ​ ​ 66,332 ​ ​ ​ ​ ​ (25,416) ​ ​ ​ ​ ​ 839,993 ​ ​
​
2021
​ ​
PEO
​ ​ ​ ​ 4,610,714 ​ ​ ​ ​ ​ 1,601,000 ​ ​ ​ ​ ​ 2,645,690 ​ ​ ​ ​ ​ 5,404,398 ​ ​ ​ ​ ​ 834,778 ​ ​ ​ ​ ​ 11,894,580 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,096,078 ​ ​ ​ ​ ​ 195,000 ​ ​ ​ ​ ​ 262,370 ​ ​ ​ ​ ​ 337,484 ​ ​ ​ ​ ​ 167,272 ​ ​ ​ ​ ​ 1,668,204 ​ ​
​
2020
​ ​
PEO
​ ​ ​ ​ 5,265,714 ​ ​ ​ ​ ​ 2,256,000 ​ ​ ​ ​ ​ 5,595,944 ​ ​ ​ ​ ​ (199,002) ​ ​ ​ ​ ​ (92,315) ​ ​ ​ ​ ​ 8,314,341 ​ ​
​
Non-PEO NEOs
​ ​ ​ ​ 1,086,611 ​ ​ ​ ​ ​ 230,625 ​ ​ ​ ​ ​ 458,220 ​ ​ ​ ​ ​ 11,358 ​ ​ ​ ​ ​ (30,796) ​ ​ ​ ​ ​ 1,294,768 ​ ​
       
Tabular List, Table
The following is an unranked list of the most important financial performance measures, including the CSM, linking CAP to Company performance for fiscal year 2024:
​
■
Return on Equity
​
 ​
​
■
Return on Assets
​
 ​
​
■
Net Income
​
 ​
       
Total Shareholder Return Amount $ 136 136 112 185 105
Peer Group Total Shareholder Return Amount 117 93 82 140 89
Net Income (Loss) $ 217,500,000 $ 192,300,000 $ 130,200,000 $ 110,700,000 $ 80,100,000
Company Selected Measure Amount 27 26 19 18 15
PEO Name Damian M. Kozlowski        
Measure:: 1          
Pay vs Performance Disclosure          
Name Return on Equity        
Non-GAAP Measure Description
(5)
ROE was identified as our “company-selected measure” ​(“CSM”) for fiscal year 2024 because it represents, in our view, the most important measure used to link CAP to performance.
       
Measure:: 2          
Pay vs Performance Disclosure          
Other Performance Measure, Amount 2.7 2.6 1.8 1.7 1.3
Name Return on Assets        
Measure:: 3          
Pay vs Performance Disclosure          
Name Net Income        
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ (5,000,000) $ (2,000,000) $ (2,151,000) $ (1,601,000) $ (2,256,000)
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 6,452,814 2,554,581 2,481,987 2,645,690 5,595,944
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 1,788,696 2,046,475 849,070 5,404,398 (199,002)
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 115,439 931,194 (232,060) 834,778 (92,315)
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount (825,000) (1,343,750) (410,000) (195,000) (230,625)
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 989,247 1,473,252 383,747 262,370 458,220
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount 394,579 130,347 66,332 337,484 11,358
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year          
Pay vs Performance Disclosure          
Adjustment to Compensation, Amount $ 105,519 $ 182,753 $ (25,416) $ 167,272 $ (30,796)