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Pay vs Performance Disclosure
 12 Months Ended
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Pay vs Performance Disclosure [Table]      
Pay vs Performance [Table Text Block]
PAY VERSUS PERFORMANCE DISCLOSURES
Pay Versus Performance Table
As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid and certain financial performance of the Company. For further information concerning the Company’s variable pay-for-performance philosophy and how the Company aligns executive compensation with the Company’s performance, refer to the “Compensation Discussion and Analysis” section above.
Pay Versus Performance
Year
​ ​
Summary
Compensation
Table Total
for PEO(1)
​ ​
Compensation
Actually Paid
to PEO(2)
​ ​
Average
Summary
Compensation
Table Total
for Non-PEO
Named
Executive
Officers(3)
​ ​
Average
Compensation
Actually Paid
to Non-PEO
Named
Executive
Officers(4)
​ ​
Value of Initial Fixed
$100 Investment
Based On:
​ ​
Net
Income
(millions)(7)
​ ​
Core
Diluted
Earnings
per
Share, as
Adjusted(8)
​
​
Total
Shareholder
Return(5)
​ ​
Peer Group
Total
Shareholder
Return(6)
​
(a)
​ ​
(b)
​ ​
(c)
​ ​
(d)
​ ​
(e)
​ ​
(f)
​ ​
(g)
​ ​
(h)
​ ​
(i)
​
2022 ​ ​ ​ $ 3,738,575 ​ ​ ​ ​ $ 126,277 ​ ​ ​ ​ $ 1,414,202 ​ ​ ​ ​ $ 735,041 ​ ​ ​ ​ $ 89 ​ ​ ​ ​ $ 116 ​ ​ ​ ​ $ 256.4 ​ ​ ​ ​ $ 2.40 ​ ​
2021 ​ ​ ​ $ 5,772,713 ​ ​ ​ ​ $ 7,414,844 ​ ​ ​ ​ $ 1,668,021 ​ ​ ​ ​ $ 1,923,320 ​ ​ ​ ​ $ 118 ​ ​ ​ ​ $ 125 ​ ​ ​ ​ $ 271.1 ​ ​ ​ ​ $ 2.69 ​ ​
2020 ​ ​ ​ $ 3,396,212 ​ ​ ​ ​ $ 1,790,825 ​ ​ ​ ​ $ 1,021,269 ​ ​ ​ ​ $ 478,520 ​ ​ ​ ​ $ 84 ​ ​ ​ ​ $ 91 ​ ​ ​ ​ $ 254.9 ​ ​ ​ ​ $ 2.40 ​ ​
​
(1)
The dollar amounts reported in column (b) are the amounts of total compensation reported for Mr. Makris (who, during 2020-2022, was our Chairman and Chief Executive Officer) for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to the “Summary Compensation Table” above.
​
(2)
The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Mr. Makris, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Makris during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Makris’s total compensation for each year to determine the compensation actually paid:
​
Year
​ ​
Reported
Summary
Compensation
Table Total
for PEO
​ ​
Reported
Value of Equity
Awards(a)
​ ​
Equity
Award
Adjustments(b)
​ ​
Reported
Change in the
Actuarial Present
Value of Pension
Benefits(c)
​ ​
Pension
Benefit
Adjustments(d)
​ ​
Compensation
Actually Paid to
PEO
​
2022
​ ​ ​ $ 3,738,575 ​ ​ ​ ​ $ (1,501,896) ​ ​ ​ ​ $ (2,053,122) ​ ​ ​ ​ $ (351,828) ​ ​ ​ ​ $ 294,548 ​ ​ ​ ​ $ 126,277 ​ ​
2021
​ ​ ​ $ 5,772,713 ​ ​ ​ ​ $ (3,050,403) ​ ​ ​ ​ $ 4,723,606 ​ ​ ​ ​ $ (519,227) ​ ​ ​ ​ $ 488,155 ​ ​ ​ ​ $ 7,414,844 ​ ​
2020
​ ​ ​ $ 3,396,212 ​ ​ ​ ​ $ (1,298,779) ​ ​ ​ ​ $ (192,234) ​ ​ ​ ​ $ (608,717) ​ ​ ​ ​ $ 494,343 ​ ​ ​ ​ $ 1,790,825 ​ ​
​
(a)
The adjustment for the reported value of equity awards represents the total of the amounts 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 awards 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 same 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
​ ​
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
​ ​
Fair Value
at the End
of the
Prior Year
of Equity
Awards
that Failed
to Meet
Vesting
Conditions
in the
Year
​ ​
Value of
Dividends or
other
Earnings Paid
on Stock or
Option
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
​ ​
Total
Equity
Award
Adjustments
​
2022
​ ​ ​ $ 943,722 ​ ​ ​ ​ $ (2,820,957) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (175,887) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (2,053,122) ​ ​
2021
​ ​ ​ $ 1,752,043 ​ ​ ​ ​ $ 2,674,572 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 296,991 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 4,723,606 ​ ​
2020
​ ​ ​ $ 1,262,710 ​ ​ ​ ​ $ (1,319,726) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (135,218) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (192,234) ​ ​
​
(c)
The adjustment amounts included in this column are the amounts reported in “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table for each applicable year.
​
(d)
The total pension benefit adjustments for each applicable year include the aggregate of two components: (i) the actuarially determined service cost for services rendered by Mr. Makris during the applicable year (the “service cost”); and (ii) the entire cost of benefits granted in a plan amendment (or initiation) during the applicable year that are attributed by the benefit formula to services rendered in periods prior to the plan amendment or initiation (the “prior service cost”), in each case, calculated in accordance with U.S. GAAP. The amounts deducted or added in calculating the pension benefit adjustments are as follows:
​
Year
​ ​
Service Cost
​ ​
Prior Service Cost
​ ​
Total Pension
Benefit
Adjustments
​
2022
​ ​ ​ $ 294,548 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 294,548 ​ ​
2021
​ ​ ​ $ 286,264 ​ ​ ​ ​ $ 201,891 ​ ​ ​ ​ $ 488,155 ​ ​
2020
​ ​ ​ $ 292,452 ​ ​ ​ ​ $ 201,891 ​ ​ ​ ​ $ 494,343 ​ ​
​
(3)
The dollar amounts reported in column (d) represent the average of the amounts reported for the Company’s named executive officers (“NEOs”) as a group (excluding Mr. Makris, who served as our Chairman and CEO during 2020-2022) in the “Total” column of the Summary Compensation Table in each applicable year. The names of each of the NEOs (excluding Mr. Makris) included for purposes of calculating the average amounts in each applicable year are as follows: (i) for 2022, James M. Brogdon, Robert A. Fehlman, Matthew S. Reddin and Stephen C. Massanelli; (ii) for 2021, James M. Brogdon, Robert A. Fehlman, Matthew S. Reddin, Jennifer B. Compton and Stephen C. Massanelli; and (iii) for 2020, Robert A. Fehlman, Matthew S. Reddin, Jennifer B. Compton and Stephen C. Massanelli.
​
(4)
The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Makris), 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 NEOs as a group (excluding Mr. Makris) 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 NEOs as a group (excluding Mr. Makris) for each year to determine the compensation actually paid, using the same methodology described above in footnote (2):
​
Year
​ ​
Average
Reported
Summary
Compensation
Table Total
for Non-PEO
NEOs
​ ​
Average
Reported
Value of
Equity Awards
​ ​
Average Equity
Award
Adjustments(a)
​ ​
Average
Reported
Change in the
Actuarial
Present Value
of Pension
Benefits
​ ​
Average
Pension
Benefit
Adjustments(b)
​ ​
Average
Compensation
Actually Paid to
Non-PEO
NEOs
​
2022
​ ​ ​ $ 1,414,202 ​ ​ ​ ​ $ (338,312) ​ ​ ​ ​ $ (248,840) ​ ​ ​ ​ $ (221,609) ​ ​ ​ ​ $ 129,600 ​ ​ ​ ​ $ 735,041 ​ ​
2021
​ ​ ​ $ 1,668,021 ​ ​ ​ ​ $ (641,177) ​ ​ ​ ​ $ 943,872 ​ ​ ​ ​ $ (199,488) ​ ​ ​ ​ $ 152,092 ​ ​ ​ ​ $ 1,923,320 ​ ​
2020
​ ​ ​ $ 1,021,269 ​ ​ ​ ​ $ (245,560) ​ ​ ​ ​ $ (232,221) ​ ​ ​ ​ $ (173,755) ​ ​ ​ ​ $ 108,787 ​ ​ ​ ​ $ 478,520 ​ ​
​
(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
​ ​
Year over
Year Average
Change
in Fair Value
of Equity
Awards
Granted
in Prior
Years that
Vested in
the Year
​ ​
Average
Fair Value
at the End
of the
Prior Year
of Equity
Awards
that Failed
to Meet
Vesting
Conditions
in the
Year
​ ​
Average
Value of
Dividends or
other
Earnings Paid
on Stock or
Option
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
​ ​
Total
Average
Equity
Award
Adjustments
​
2022
​ ​ ​ $ 213,141 ​ ​ ​ ​ $ (422,473) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (39,508) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (248,840) ​ ​
2021
​ ​ ​ $ 464,427 ​ ​ ​ ​ $ 419,330 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 60,115 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 943,872 ​ ​
2020
​ ​ ​ $ 224,702 ​ ​ ​ ​ $ (412,364) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (44,559) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (232,221) ​ ​
​
(b)
The amounts deducted or added in calculating the total pension benefit adjustments are as follows:
​
Year
​ ​
Average Service
Cost
​ ​
Average Prior
Service Cost
​ ​
Total Average Pension
Benefit Adjustments
​
2022
​ ​ ​ $ 126,601 ​ ​ ​ ​ $ 2,999 ​ ​ ​ ​ $ 129,600 ​ ​
2021
​ ​ ​ $ 149,093 ​ ​ ​ ​ $ 2,999 ​ ​ ​ ​ $ 152,092 ​ ​
2020
​ ​ ​ $ 105,788 ​ ​ ​ ​ $ 2,999 ​ ​ ​ ​ $ 108,787 ​ ​
​
(5)
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.
​
(6)
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. The peer group used for this purpose is the following published industry index: KBW NASDAQ Regional Banking Index.
​
(7)
The dollar amounts reported represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.
​
(8)
“Core diluted earnings per share, as adjusted” is based on the Company’s “core earnings” ​(net income adjusted to exclude non-core items, including items related to branch right sizing, the Company’s early retirement program, and merger-related costs) divided by the average diluted number of common shares outstanding for the period, and further subject to any adjustments made by the Compensation Committee in connection with certifying performance (including, for 2021 and 2022, the Committee’s exclusion of “Day 2 CECL provision expense”).
   
Named Executive Officers, Footnote [Text Block]
(1)
The dollar amounts reported in column (b) are the amounts of total compensation reported for Mr. Makris (who, during 2020-2022, was our Chairman and Chief Executive Officer) for each corresponding year in the “Total” column of the Summary Compensation Table. Refer to the “Summary Compensation Table” above.
   
Peer Group Issuers, Footnote [Text Block]
(6)
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. The peer group used for this purpose is the following published industry index: KBW NASDAQ Regional Banking Index.
   
Adjustment To PEO Compensation, Footnote [Text Block]
(2)
The dollar amounts reported in column (c) represent the amount of “compensation actually paid” to Mr. Makris, as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual amount of compensation earned by or paid to Mr. Makris during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to Mr. Makris’s total compensation for each year to determine the compensation actually paid:
​
Year
​ ​
Reported
Summary
Compensation
Table Total
for PEO
​ ​
Reported
Value of Equity
Awards(a)
​ ​
Equity
Award
Adjustments(b)
​ ​
Reported
Change in the
Actuarial Present
Value of Pension
Benefits(c)
​ ​
Pension
Benefit
Adjustments(d)
​ ​
Compensation
Actually Paid to
PEO
​
2022
​ ​ ​ $ 3,738,575 ​ ​ ​ ​ $ (1,501,896) ​ ​ ​ ​ $ (2,053,122) ​ ​ ​ ​ $ (351,828) ​ ​ ​ ​ $ 294,548 ​ ​ ​ ​ $ 126,277 ​ ​
2021
​ ​ ​ $ 5,772,713 ​ ​ ​ ​ $ (3,050,403) ​ ​ ​ ​ $ 4,723,606 ​ ​ ​ ​ $ (519,227) ​ ​ ​ ​ $ 488,155 ​ ​ ​ ​ $ 7,414,844 ​ ​
2020
​ ​ ​ $ 3,396,212 ​ ​ ​ ​ $ (1,298,779) ​ ​ ​ ​ $ (192,234) ​ ​ ​ ​ $ (608,717) ​ ​ ​ ​ $ 494,343 ​ ​ ​ ​ $ 1,790,825 ​ ​
​
(a)
The adjustment for the reported value of equity awards represents the total of the amounts 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 awards 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 same 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
​ ​
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
​ ​
Fair Value
at the End
of the
Prior Year
of Equity
Awards
that Failed
to Meet
Vesting
Conditions
in the
Year
​ ​
Value of
Dividends or
other
Earnings Paid
on Stock or
Option
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
​ ​
Total
Equity
Award
Adjustments
​
2022
​ ​ ​ $ 943,722 ​ ​ ​ ​ $ (2,820,957) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (175,887) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (2,053,122) ​ ​
2021
​ ​ ​ $ 1,752,043 ​ ​ ​ ​ $ 2,674,572 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 296,991 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 4,723,606 ​ ​
2020
​ ​ ​ $ 1,262,710 ​ ​ ​ ​ $ (1,319,726) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (135,218) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (192,234) ​ ​
​
(c)
The adjustment amounts included in this column are the amounts reported in “Change in Pension Value and Nonqualified Deferred Compensation Earnings” column of the Summary Compensation Table for each applicable year.
​
(d)
The total pension benefit adjustments for each applicable year include the aggregate of two components: (i) the actuarially determined service cost for services rendered by Mr. Makris during the applicable year (the “service cost”); and (ii) the entire cost of benefits granted in a plan amendment (or initiation) during the applicable year that are attributed by the benefit formula to services rendered in periods prior to the plan amendment or initiation (the “prior service cost”), in each case, calculated in accordance with U.S. GAAP. The amounts deducted or added in calculating the pension benefit adjustments are as follows:
​
Year
​ ​
Service Cost
​ ​
Prior Service Cost
​ ​
Total Pension
Benefit
Adjustments
​
2022
​ ​ ​ $ 294,548 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 294,548 ​ ​
2021
​ ​ ​ $ 286,264 ​ ​ ​ ​ $ 201,891 ​ ​ ​ ​ $ 488,155 ​ ​
2020
​ ​ ​ $ 292,452 ​ ​ ​ ​ $ 201,891 ​ ​ ​ ​ $ 494,343 ​ ​
   
Non-PEO NEO Average Total Compensation Amount $ 1,414,202 $ 1,668,021 $ 1,021,269
Non-PEO NEO Average Compensation Actually Paid Amount $ 735,041 1,923,320 478,520
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
(4)
The dollar amounts reported in column (e) represent the average amount of “compensation actually paid” to the NEOs as a group (excluding Mr. Makris), 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 NEOs as a group (excluding Mr. Makris) 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 NEOs as a group (excluding Mr. Makris) for each year to determine the compensation actually paid, using the same methodology described above in footnote (2):
​
Year
​ ​
Average
Reported
Summary
Compensation
Table Total
for Non-PEO
NEOs
​ ​
Average
Reported
Value of
Equity Awards
​ ​
Average Equity
Award
Adjustments(a)
​ ​
Average
Reported
Change in the
Actuarial
Present Value
of Pension
Benefits
​ ​
Average
Pension
Benefit
Adjustments(b)
​ ​
Average
Compensation
Actually Paid to
Non-PEO
NEOs
​
2022
​ ​ ​ $ 1,414,202 ​ ​ ​ ​ $ (338,312) ​ ​ ​ ​ $ (248,840) ​ ​ ​ ​ $ (221,609) ​ ​ ​ ​ $ 129,600 ​ ​ ​ ​ $ 735,041 ​ ​
2021
​ ​ ​ $ 1,668,021 ​ ​ ​ ​ $ (641,177) ​ ​ ​ ​ $ 943,872 ​ ​ ​ ​ $ (199,488) ​ ​ ​ ​ $ 152,092 ​ ​ ​ ​ $ 1,923,320 ​ ​
2020
​ ​ ​ $ 1,021,269 ​ ​ ​ ​ $ (245,560) ​ ​ ​ ​ $ (232,221) ​ ​ ​ ​ $ (173,755) ​ ​ ​ ​ $ 108,787 ​ ​ ​ ​ $ 478,520 ​ ​
​
(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
​ ​
Year over
Year Average
Change
in Fair Value
of Equity
Awards
Granted
in Prior
Years that
Vested in
the Year
​ ​
Average
Fair Value
at the End
of the
Prior Year
of Equity
Awards
that Failed
to Meet
Vesting
Conditions
in the
Year
​ ​
Average
Value of
Dividends or
other
Earnings Paid
on Stock or
Option
Awards not
Otherwise
Reflected in
Fair Value or
Total
Compensation
​ ​
Total
Average
Equity
Award
Adjustments
​
2022
​ ​ ​ $ 213,141 ​ ​ ​ ​ $ (422,473) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (39,508) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (248,840) ​ ​
2021
​ ​ ​ $ 464,427 ​ ​ ​ ​ $ 419,330 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 60,115 ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ 943,872 ​ ​
2020
​ ​ ​ $ 224,702 ​ ​ ​ ​ $ (412,364) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (44,559) ​ ​ ​ ​ $ — ​ ​ ​ ​ $ — ​ ​ ​ ​ $ (232,221) ​ ​
​
(b)
The amounts deducted or added in calculating the total pension benefit adjustments are as follows:
​
Year
​ ​
Average Service
Cost
​ ​
Average Prior
Service Cost
​ ​
Total Average Pension
Benefit Adjustments
​
2022
​ ​ ​ $ 126,601 ​ ​ ​ ​ $ 2,999 ​ ​ ​ ​ $ 129,600 ​ ​
2021
​ ​ ​ $ 149,093 ​ ​ ​ ​ $ 2,999 ​ ​ ​ ​ $ 152,092 ​ ​
2020
​ ​ ​ $ 105,788 ​ ​ ​ ​ $ 2,999 ​ ​ ​ ​ $ 108,787 ​ ​
   
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Compensation Actually Paid and Cumulative TSR
[MISSING IMAGE: bc_paidtsr-4c.jpg]
   
Compensation Actually Paid vs. Net Income [Text Block]
Compensation Actually Paid and Net Income
[MISSING IMAGE: bc_paidnet-4c.jpg]
   
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Compensation Actually Paid and Core Diluted Earnings per Share, as Adjusted
[MISSING IMAGE: bc_paidepsadj-4c.jpg]
   
Total Shareholder Return Vs Peer Group [Text Block]
Cumulative Total Shareholder Return of the Company and Cumulative Total Shareholder Return of the Company’s Peer Group
[MISSING IMAGE: lc_tsrpeer-4c.jpg]
   
Tabular List [Table Text Block]
Financial Performance Measures
As described in greater detail in the “Compensation Discussion and Analysis” section above, the Company’s executive compensation program reflects a variable pay-for-performance philosophy. The metrics that the
Company uses for both our long-term and short-term incentive awards are selected based on an objective of incentivizing our executives to increase the value of our enterprise for our shareholders. The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s named executive officers, for the most recently completed fiscal year, to the Company’s performance are as follows:
•
Core Diluted Earnings per Share, as Adjusted
​
•
Adjusted Efficiency Ratio, as Adjusted
​
•
Core Return on Average Assets Ranking
​
•
Core Return on Tangible Common Equity Ranking
​
•
Total Shareholder Return Ranking
   
Total Shareholder Return Amount $ 89 118 84
Peer Group Total Shareholder Return Amount 116 125 91
Net Income (Loss) $ 256,400,000 $ 271,100,000 $ 254,900,000
Company Selected Measure Amount 2.4 2.69 2.4
PEO Name Mr. Makris    
Measure [Axis]: 1      
Pay vs Performance Disclosure [Table]      
Measure Name Core Diluted Earnings per Share, as Adjusted    
Non-GAAP Measure Description [Text Block]
(8)
“Core diluted earnings per share, as adjusted” is based on the Company’s “core earnings” ​(net income adjusted to exclude non-core items, including items related to branch right sizing, the Company’s early retirement program, and merger-related costs) divided by the average diluted number of common shares outstanding for the period, and further subject to any adjustments made by the Compensation Committee in connection with certifying performance (including, for 2021 and 2022, the Committee’s exclusion of “Day 2 CECL provision expense”).
   
Measure [Axis]: 2      
Pay vs Performance Disclosure [Table]      
Measure Name Adjusted Efficiency Ratio, as Adjusted    
Measure [Axis]: 3      
Pay vs Performance Disclosure [Table]      
Measure Name Core Return on Average Assets Ranking    
Measure [Axis]: 4      
Pay vs Performance Disclosure [Table]      
Measure Name Core Return on Tangible Common Equity Ranking    
Measure [Axis]: 5      
Pay vs Performance Disclosure [Table]      
Measure Name Total Shareholder Return Ranking    
Total Pension Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) $ 129,600 $ 152,092 $ 108,787
Pension Adjustments Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 294,548 286,264 292,452
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) 126,601 149,093 105,788
Pension Adjustments Prior Service Cost [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount   201,891 201,891
Defined Benefit Plan, Amortization of Prior Service Cost (Credit) 2,999 2,999 2,999
Mr. Makris [Member]      
Pay vs Performance Disclosure [Table]      
PEO Total Compensation Amount 3,738,575 5,772,713 3,396,212
PEO Actually Paid Compensation Amount 126,277 7,414,844 1,790,825
Equity Awards (1,501,896) (3,050,403) (1,298,779)
Mr. Makris [Member] | Total Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,053,122) 4,723,606 (192,234)
Mr. Makris [Member] | Adjustment For Reported Change In The Actuarial Present Value Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (351,828) (519,227) (608,717)
Mr. Makris [Member] | Total Pension Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 294,548 488,155 494,343
Mr. Makris [Member] | Year-end Fair Value Of Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 943,722 1,752,043 1,262,710
Mr. Makris [Member] | Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (2,820,957) 2,674,572 (1,319,726)
Mr. Makris [Member] | Year Over Year Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (175,887) 296,991 (135,218)
Non-PEO NEO [Member]      
Pay vs Performance Disclosure [Table]      
Equity Awards (338,312) (641,177) (245,560)
Non-PEO NEO [Member] | Total Equity Awards Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (248,840) 943,872 (232,221)
Non-PEO NEO [Member] | Adjustment For Reported Change In The Actuarial Present Value Of Pension Benefits [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (221,609) (199,488) (173,755)
Non-PEO NEO [Member] | Total Pension Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 129,600 152,092 108,787
Non-PEO NEO [Member] | Year Over Year Change In Fair Value Of Outstanding And Unvested Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (422,473) 419,330 (412,364)
Non-PEO NEO [Member] | Average Year End Fair Value Of Equity Awards [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount 213,141 464,427 224,702
Non-PEO NEO [Member] | Year Over Year Average Change In Fair Value Of Equity Awards Granted In Prior Years That Vested In The Year [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount (39,508) 60,115 (44,559)
Non-PEO NEO [Member] | Total Average Equity Award Adjustments [Member]      
Pay vs Performance Disclosure [Table]      
Adjustment to Compensation Amount $ (248,840) $ 943,872 $ (232,221)