2 unchanged sentences
Management's Discussion and Analysis of Financial Condition and Results of Operations" regarding OCC restrictions on dividends from the Bank to the Company.
−Removed: The following table summarizes our stock repurchase activity during the three months ended March 31, 2024 and additional information regarding our stock repurchase program.
−Removed: As of March 31, 2024, the Company had $2.0 million of common stock authorized under its existing stock repurchase plan.
−Removed: There is no expiration for this repurchase plan;
−Removed: however, the Federal Reserve Bank's existing approval for the Company to repurchase shares is through August 2024.
−Removed: In February 2024, the Company notified the FRB of its intent to authorize the repurchase of up to $75 million in additional common stock over a period of time, depending upon market conditions, cash balances at the Company level, and after the completion of the Company's existing share repurchase program.
−Removed: This plan has no expiration date;
−Removed: however, the FRB's new approval for the Company to repurchase shares expires in February 2025.
−Removed: Shares may be repurchased from time to time in the open market or in privately negotiated transactions based upon market conditions and available liquidity.
+Added: The following table summarizes our stock repurchase activity during the three months ended June 30, 2024 and additional information regarding our stock repurchase program.
+Added: As of June 30, 2024, the Company was authorized to repurchase up to $77.0 million of its common stock under existing stock repurchase plans.
+Added: These plans have no expiration date;
+Added: however, the FRB's existing approval for the Company to repurchase shares up to $2.0 million expires in August 2024 and $75.0 million expires in February 2025.
+Added: Shares may be repurchased from time to time in the open market or in privately negotiated transactions based upon market conditions, available liquidity and other factors.
Total Number of Approximate Dollar
3 unchanged sentences
Purchased per Share or Programs Plans or Programs
−Removed: January 1, 2024 through
−Removed: January 31, 2024 199,400 $ 6.53 199,400 $ 8,138,109
−Removed: February 1, 2024 through
−Removed: February 29, 2024 572,289 5.99 572,289 4,707,647
−Removed: March 1, 2024 through
−Removed: March 31, 2024 474,421 5.78 474,421 1,964,729
+Added: April 1, 2024 through
+Added: April 30, 2024 — $ — — $ 1,964,729
+Added: May 1, 2024 through
+Added: May 31, 2024 — — — 1,964,729
+Added: June 1, 2024 through
+Added: June 30, 2024 — — — 1,964,729
Total — — — 1,964,729
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.