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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Wellesley Bancorp Inc
North Mark Merger
Common Stock
Common Stock
Wellesley Bancorp Inc
Common Stock
North Mark Merger
Additional Paid-In Capital
Additional Paid-In Capital
Wellesley Bancorp Inc
Additional Paid-In Capital
North Mark Merger
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income / (Loss)
Beginning balance at Dec. 31, 2019 $ 286,561 $ (347)     $ 5,401     $ 136,766     $ 146,875 $ (347) $ (2,481)
Accounting Standards Update [Extensible List] ASU 2020-04       ASU 2020-04     ASU 2020-04     ASU 2020-04   ASU 2020-04
Net income $ 31,959                   $ 31,959    
Other comprehensive income (loss) 4,915                       $ 4,915
Share based compensation and other share-based activity 4,564       $ 23     $ 4,541          
Dividends declared (13,083)                   (13,083)    
Common stock issued for merger     $ 87,163     $ 1,503     $ 85,660        
Ending balance at Dec. 31, 2020 401,732       6,927     226,967     165,404   2,434
Net income 54,024                   54,024    
Other comprehensive income (loss) (3,644)                       (3,644)
Share based compensation and other share-based activity 2,279       41     2,238          
Dividends declared (16,554)                   (16,554)    
Ending balance at Dec. 31, 2021 437,837       6,968     229,205     202,874   (1,210)
Net income 52,909                   52,909    
Other comprehensive income (loss) (19,589)                       (19,589)
Share based compensation and other share-based activity 1,959       39     1,920          
Dividends declared (18,414)                   (18,414)    
Common stock issued for merger       $ 62,850     $ 789     $ 62,061      
Ending balance at Dec. 31, 2022 $ 517,552       $ 7,796     $ 293,186     $ 237,369   $ (20,799)