3 unchanged sentences
The number of holders of record does not represent the actual number of beneficial owners of our common stock because securities dealers and others frequently hold shares in “street name” for the benefit of individual owners who have the right to vote shares.
−Removed: The holders of shares of our common stock are entitled to receive dividends when declared by our Board of Directors out of funds legally available for the purpose of paying dividends.
−Removed: Our Board of Directors approved the Company’s quarterly dividend of $0.18 per common share for the first quarter of 2021, payable on March 31, 2021 to shareholders of record as of March 15, 2021.
−Removed: We anticipate continuing a regular quarterly cash dividend.
+Added: The Company paid quarterly cash dividends in 2021 and 2020 and anticipates continuing to pay comparable dividends.
+Added: Total dividends paid were $0.75 in 2021 and $0.72 in 2020.
However, we have no obligation to pay dividends and we may change our dividend policy at any time without notice to our shareholders.
1 unchanged sentence
Information on regulatory restrictions on our ability to pay dividends is set forth in “Part I, Item 1.
−Removed: Business - Supervision and Regulation - Financial Holding Company - Dividend Restrictions.” The amount of dividends, if any, that may be declared by the Company also depends on many other factors, including future earnings, bank
−Removed: regulatory capital requirements and business conditions as they affect the Company and its subsidiaries.
+Added: Business - Supervision and Regulation - Financial Holding Company - Dividend Restrictions and Share Repurchases.” The amount of dividends, if any, that may be declared by the Company also depends on many other factors, including future earnings, bank regulatory capital requirements and business conditions as they affect the Company and its subsidiaries.
As a result, no assurance can be given that dividends will be paid in the future with respect to our common stock.
−Removed: Securities Authorized for Issuance Under Equity Compensation Plans
−Removed: For more information on our equity compensation plans, see “Item 8.
−Removed: Note 16 – Stockholders’ Equity and Compensation Plans” and “Item 12.
−Removed: Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” in this report, which are incorporated herein by reference.
Recent Sales of Unregistered Securities and Use of Proceeds
Issuer Purchases of Equity Securities
+Added: Period Total number of shares purchased Weighted-average price paid per share Total number of shares purchased as part of publicly announced plans or programs (a) Maximum number of shares that may yet be purchased under the plans or programs (a)
+Added: October 1 - 31, 2021 — $ — — 1,277,951
+Added: November 1- 30, 2021 192,398 47.44 192,398 1,085,553
+Added: December 1- 31, 2021 385,080 47.76 385,080 700,473
+Added: Total 577,478 $ 47.65 577,478
+Added: (a) In April 2021, the Company’s board of directors authorized the repurchase of up to two million shares of the Company’s common stock.
+Added: The repurchases may be made from time to time in the open market or through privately negotiated transactions.
Stock Performance Graph
1 unchanged sentence
The graph compares the Company’s common stock with the Nasdaq Composite Index (U.S.
−Removed: companies), and the SNL Bank $5B-$10B Index.
+Added: companies) and the S&P Regional Banks Select Industry Index, which is a new index in 2021.
+Added: Prior to 2021, the Company used the SNL Bank $5B-$10B Index, which has not been included in the performance graph due to its retirement in August 2021.
The graph assumes an investment of $100.00 in the Company’s common stock and each index at the respective closing price on December 31, 2016 and reinvestment of all quarterly dividends.
5 unchanged sentences
Nasdaq Composite Index $ 100.00 $ 129.64 $ 125.96 $ 172.18 $ 249.51 $ 304.85
−Removed: SNL Bank $5B-$10B Index $ 100.00 $ 143.27 $ 142.73 $ 129.17 $ 160.06 $ 145.37
+Added: S&P Regional Banks Select Industry Index $ 100.00 $ 107.95 $ 87.69 $ 111.92 $ 103.98 $ 145.47
S&P Global Market Intelligence.
1 unchanged sentence
All rights reserved.
−Removed: SELECTED FINANCIAL DATA
−Removed: Not applicable.
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.