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10-Q Filing

PEAPACK GLADSTONE FINANCIAL CORP CIK: 1050743 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0000914317-14-000587
Period End Date 20140331
Filing Date 20140509
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance pgc-20140331.xml
Balance Sheet 96 line items
Line Item Tag Value Unit Period
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 21.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 21.00M shares Point-in-time
Cash and due from banks CashAndDueFromBanks $6.53M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $6.37M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 12.44M shares Point-in-time
Federal funds sold FederalFundsSold $101.00K USD Point-in-time
Federal funds sold FederalFundsSold $101.00K USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 12.20M shares Point-in-time
Interest-earning deposits InterestEarningDeposits $95.06M USD Point-in-time
Interest-earning deposits InterestEarningDeposits $28.51M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $119.23M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $35.15M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $101.53M USD Point-in-time
Treasury stock, shares TreasuryStockShares 408,178.00 shares Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $99.28M USD Point-in-time
Treasury stock, shares TreasuryStockShares 408,178.00 shares Point-in-time
Securities available for sale AvailableForSaleSecurities $248.07M USD Point-in-time
Securities available for sale AvailableForSaleSecurities $268.45M USD Point-in-time
FHLB and FRB Stock, at cost FhlbAndFrbStockAtCost $12.77M USD Point-in-time
FHLB and FRB Stock, at cost FhlbAndFrbStockAtCost $10.03M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleAtFairValue $2.00M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleAtFairValue $1.77M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansHeldForSaleAtLowerOfCostOrFairValue $51.18M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansHeldForSaleAtLowerOfCostOrFairValue $49.80M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansHeldForSaleAtLowerOfCostOrFairValue - USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $1.57B USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $1.76B USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $16.59M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $15.37M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $15.37M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $12.73M USD Point-in-time
Net Loans LoansReceivableNet $1.75B USD Point-in-time
Net Loans LoansReceivableNet $1.56B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $31.09M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $28.99M USD Point-in-time
Other real estate owned OtherRealEstate $1.94M USD Point-in-time
Other real estate owned OtherRealEstate $2.06M USD Point-in-time
Accrued interest receivable InterestReceivable $4.09M USD Point-in-time
Accrued interest receivable InterestReceivable $4.79M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $31.88M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $32.06M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsNet $9.37M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsNet $9.76M USD Point-in-time
Other assets OtherAssets $15.83M USD Point-in-time
Other assets OtherAssets $9.98M USD Point-in-time
TOTAL ASSETS Assets $1.97B USD Point-in-time
TOTAL ASSETS Assets $2.25B USD Point-in-time
TOTAL ASSETS Assets $1.64B USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $350.99M USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $356.12M USD Point-in-time
Interest-bearing deposits checking InterestBearingDomesticDepositChecking $407.13M USD Point-in-time
Interest-bearing deposits checking InterestBearingDomesticDepositChecking $378.34M USD Point-in-time
Savings InterestBearingDomesticDepositSavings $119.75M USD Point-in-time
Savings InterestBearingDomesticDepositSavings $115.78M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $660.69M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $630.17M USD Point-in-time
Certificates of deposit $100,000 and over TimeDeposits100000OrMore $58.09M USD Point-in-time
Certificates of deposit $100,000 and over TimeDeposits100000OrMore $61.13M USD Point-in-time
Certificates of deposit less than $100,000 TimeDepositsLessThan100000 $93.64M USD Point-in-time
Certificates of deposit less than $100,000 TimeDepositsLessThan100000 $90.70M USD Point-in-time
Certificates of deposit - Brokered BrokeredCertificatesOfDeposit $5.00M USD Point-in-time
Certificates of deposit - Brokered BrokeredCertificatesOfDeposit $65.00M USD Point-in-time
Subtotal deposits SubtotalDeposits $1.76B USD Point-in-time
Subtotal deposits SubtotalDeposits $1.64B USD Point-in-time
Interest-bearing demand - Brokered InterestBearingDomesticDepositBrokered $10.00M USD Point-in-time
Interest-bearing demand - Brokered InterestBearingDomesticDepositBrokered $138.01M USD Point-in-time
Total deposits Deposits $1.89B USD Point-in-time
Total deposits Deposits $1.65B USD Point-in-time
Overnight borrowings with Federal Home Loan Bank ShortTermBorrowings $54.90M USD Point-in-time
Overnight borrowings with Federal Home Loan Bank ShortTermBorrowings $79.40M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvances $-74.69M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvances $-83.69M USD Point-in-time
Capital lease obligation CapitalLeaseObligations $9.92M USD Point-in-time
Capital lease obligation CapitalLeaseObligations $8.75M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $9.31M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $10.70M USD Point-in-time
TOTAL LIABILITIES Liabilities $1.80B USD Point-in-time
TOTAL LIABILITIES Liabilities $2.08B USD Point-in-time
Common stock (no par value; stated value, $0.83 per share; authorized 21,000,000 shares; issued shares, 12,441,091 at March 31, 2014 and 12,196,695 at December 31, 2013; outstanding shares, 12,032,913 at March 31, 2014 CommonStockValue $10.15M USD Point-in-time
Common stock (no par value; stated value, $0.83 per share; authorized 21,000,000 shares; issued shares, 12,441,091 at March 31, 2014 and 12,196,695 at December 31, 2013; outstanding shares, 12,032,913 at March 31, 2014 CommonStockValue $10.35M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $142.69M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $140.70M USD Point-in-time
Treasury stock at cost, 408,178 shares at March 31, 2014 and December 31, 2013 TreasuryStockValue $8.99M USD Point-in-time
Treasury stock at cost, 408,178 shares at March 31, 2014 and December 31, 2013 TreasuryStockValue $8.99M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $31.22M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $28.77M USD Point-in-time
Accumulated other comprehensive income, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.30M USD Point-in-time
Accumulated other comprehensive income, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $23.00K USD Point-in-time
Accumulated other comprehensive income, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $606.00K USD Point-in-time
Accumulated other comprehensive income, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $3.70M USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquity $175.87M USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquity $170.66M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $2.25B USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $1.97B USD Point-in-time
Income Statement 69 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $15.66M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $11.71M USD 1 Quarter
Taxable Taxable $1.06M USD 1 Quarter
Taxable Taxable $1.28M USD 1 Quarter
Tax-exempt TaxExempt $197.00K USD 1 Quarter
Tax-exempt TaxExempt $204.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $196.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $10.00K USD 1 Quarter
Interest-earning deposits InterestIncomeDomesticDeposits $12.00K USD 1 Quarter
Interest-earning deposits InterestIncomeDomesticDeposits $48.00K USD 1 Quarter
Total interest income TotalInterestIncome $16.95M USD 1 Quarter
Total interest income TotalInterestIncome $13.43M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $483.00K USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $307.00K USD 1 Quarter
Interest on certificates of deposit over $100,000 InterestOnCertificatesOfDepositOver100000 $152.00K USD 1 Quarter
Interest on certificates of deposit over $100,000 InterestOnCertificatesOfDepositOver100000 $215.00K USD 1 Quarter
Interest on other time deposits InterestOnOtherTimeDeposits $234.00K USD 1 Quarter
Interest on other time deposits InterestOnOtherTimeDeposits $285.00K USD 1 Quarter
Interest on borrowed funds InterestExpenseOtherShortTermBorrowings $390.00K USD 1 Quarter
Interest on borrowed funds InterestExpenseOtherShortTermBorrowings $92.00K USD 1 Quarter
Interest on capital lease obligation InterestOnCapitalLeaseObligation $106.00K USD 1 Quarter
Interest on capital lease obligation InterestOnCapitalLeaseObligation $119.00K USD 1 Quarter
Total interest expense InterestExpense $1.38M USD 1 Quarter
Total interest expense InterestExpense $1.00M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES InterestIncomeExpenseNet $12.43M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES InterestIncomeExpenseNet $15.57M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $850.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.32M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $14.25M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $11.58M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $3.75M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $3.37M USD 1 Quarter
Service charges and fees ServiceChargesAndFees $676.00K USD 1 Quarter
Service charges and fees ServiceChargesAndFees $694.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $266.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $272.00K USD 1 Quarter
Gain on loans held for sale at fair value (Mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $470.00K USD 1 Quarter
Gain on loans held for sale at fair value (Mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $112.00K USD 1 Quarter
Gain on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue $-450.00K USD Point-in-time
Gain on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue - USD 1 Quarter
Gain on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue $522.00K USD 1 Quarter
Other income NoninterestIncomeOther $71.00K USD 1 Quarter
Other income NoninterestIncomeOther $7.00K USD 1 Quarter
Securities gains, net GainLossOnSaleOfInvestments $289.00K USD 1 Quarter
Securities gains, net GainLossOnSaleOfInvestments $98.00K USD 1 Quarter
Total other income NoninterestIncome $5.00M USD 1 Quarter
Total other income NoninterestIncome $5.60M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $8.85M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $7.08M USD 1 Quarter
Premises and equipment PremisesAndEquipment $2.44M USD 1 Quarter
Premises and equipment PremisesAndEquipment $2.30M USD 1 Quarter
Other operating expenses OtherExpenses $2.91M USD 1 Quarter
Other operating expenses OtherExpenses $3.05M USD 1 Quarter
Total operating expenses OperatingExpenses $14.34M USD 1 Quarter
Total operating expenses OperatingExpenses $12.29M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $4.90M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $4.89M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.87M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $2.00M USD 1 Quarter
NET INCOME NetIncomeLoss $3.03M USD 1 Quarter
NET INCOME NetIncomeLoss $2.89M USD 1 Quarter
Basic EarningsPerShareBasic $0.33 USD 1 Quarter
Basic EarningsPerShareBasic $0.26 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.26 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.32 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 8.87M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 11.61M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 11.71M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 8.92M shares 1 Quarter
Cash Flow Statement 84 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $3.03M USD 1 Quarter
Net Income NetIncomeLoss $2.89M USD 1 Quarter
Depreciation Depreciation $731.00K USD 1 Quarter
Depreciation Depreciation $727.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AmortizationOfPremiumAndAccretionOfDiscountOnSecuritiesNet $379.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AmortizationOfPremiumAndAccretionOfDiscountOnSecuritiesNet $519.00K USD 1 Quarter
Amortization of restricted stock AdjustmentsToAdditionalPaidInCapitalOther $-83.00K USD 1 Quarter
Amortization of restricted stock AdjustmentsToAdditionalPaidInCapitalOther $-281.00K USD 1 Quarter
Provision of loan losses ProvisionForLoanAndLeaseLosses $850.00K USD 1 Quarter
Provision of loan losses ProvisionForLoanAndLeaseLosses $1.32M USD 1 Quarter
Provision for OREO losses RealEstateOwnedValuationAllowanceProvision - USD 1 Quarter
Provision for OREO losses RealEstateOwnedValuationAllowanceProvision $-100.00K USD 1 Quarter
Provision for deferred taxes IncreaseDecreaseInDeferredIncomeTaxes $5.00K USD 1 Quarter
Provision for deferred taxes IncreaseDecreaseInDeferredIncomeTaxes $494.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $52.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $85.00K USD 1 Quarter
Gains on securities, available for sale AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $289.00K USD 1 Quarter
Gains on securities, available for sale AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $98.00K USD 1 Quarter
Loans originated for sale at fair value PaymentsForOriginationOfMortgageLoansHeldForSale $8.78M USD 1 Quarter
Loans originated for sale at fair value PaymentsForOriginationOfMortgageLoansHeldForSale $27.23M USD 1 Quarter
Proceeds from sales of loans at fair value ProceedsFromSaleOfLoansReceivable $9.12M USD 1 Quarter
Proceeds from sales of loans at fair value ProceedsFromSaleOfLoansReceivable $32.33M USD 1 Quarter
Gains on loans held for sale at fair value GainLossOnLoansHeldForSaleAtFairValue $470.00K USD 1 Quarter
Gains on loans held for sale at fair value GainLossOnLoansHeldForSaleAtFairValue $112.00K USD 1 Quarter
Gains on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue $-450.00K USD Point-in-time
Gains on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue - USD 1 Quarter
Gains on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue $522.00K USD 1 Quarter
Gains on sale of other real estate owned GainsLossesOnSalesOfInvestmentRealEstate $9.00K USD 1 Quarter
Gains on disposal of fixed assets GainLossOnDispositionOfAssets1 $9.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net DecreaseIncreaseInCashSurrenderValueOfLifeInsuranceNet $195.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net DecreaseIncreaseInCashSurrenderValueOfLifeInsuranceNet $183.00K USD 1 Quarter
(Increase)/Decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-96.00K USD 1 Quarter
(Increase)/Decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $702.00K USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-5.85M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-2.83M USD 1 Quarter
(Decrease)/Increase in accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-1.46M USD 1 Quarter
(Decrease)/Increase in accrued expenses and other liabilities IncreaseDecreaseInOtherOperatingLiabilities $389.00K USD 1 Quarter
NET CASH (USED IN)/ PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $9.52M USD 1 Quarter
NET CASH (USED IN)/ PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $11.60M USD 1 Quarter
Maturities of securities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $23.87M USD 1 Quarter
Maturities of securities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $21.05M USD 1 Quarter
Calls of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $115.00K USD 1 Quarter
Calls of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities - USD 1 Quarter
Sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $15.29M USD 1 Quarter
Sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $18.62M USD 1 Quarter
Purchase of securities available for sale, including FHLB and FRB stock PaymentsToAcquireAvailableForSaleSecurities $24.14M USD 1 Quarter
Purchase of securities available for sale, including FHLB and FRB stock PaymentsToAcquireAvailableForSaleSecurities $16.66M USD 1 Quarter
Proceeds from sales of loans held for sale at lower of cost or fair value ProceedsFromSaleOfLoansHeldForSale $14.27M USD 1 Quarter
Proceeds from sales of loans held for sale at lower of cost or fair value ProceedsFromSaleOfLoansHeldForSale - USD 1 Quarter
Net increase in loans IncreaseDecreaseInFinanceReceivables $30.31M USD 1 Quarter
Net increase in loans IncreaseDecreaseInFinanceReceivables $240.72M USD 1 Quarter
Sales of other real estate owned ProceedsFromSaleOfOtherRealEstate - USD 1 Quarter
Sales of other real estate owned ProceedsFromSaleOfOtherRealEstate $187.00K USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.59M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $130.00K USD 1 Quarter
Disposal of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $9.00K USD 1 Quarter
Disposal of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
NET CASH (USED IN)/PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $3.81M USD 1 Quarter
NET CASH (USED IN)/PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-223.95M USD 1 Quarter
Net increase/(decrease) in deposits IncreaseDecreaseInDeposits $-35.32M USD 1 Quarter
Net increase/(decrease) in deposits IncreaseDecreaseInDeposits $246.05M USD 1 Quarter
Net increase in overnight borrowings ProceedsFromShortTermDebt $24.50M USD 1 Quarter
Net increase in other borrowings ProceedsFromRepaymentsOfOtherDebt $9.00M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $119.00K USD 1 Quarter
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $590.00K USD 1 Quarter
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $447.00K USD 1 Quarter
Exercise of Stock Options ProceedsFromStockOptionsExercised $72.00K USD 1 Quarter
Exercise of Stock Options ProceedsFromStockOptionsExercised $2.00K USD 1 Quarter
Sales of shares (DRIP Program) ProceedsFromIssuanceOfCommonStock $528.00K USD 1 Quarter
Sales of shares (DRIP Program) ProceedsFromIssuanceOfCommonStock $1.72M USD 1 Quarter
Purchase of shares for Profit Sharing Plan PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchase of shares for Profit Sharing Plan PaymentsForRepurchaseOfCommonStock $-70.00K USD 1 Quarter
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $280.81M USD 1 Quarter
NET CASH PROVIDED BY/(USED IN) FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $-35.36M USD 1 Quarter
Net increase/(decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-19.95M USD 1 Quarter
Net increase/(decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $66.39M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $119.23M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $35.15M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $101.53M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $99.28M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $119.23M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $35.15M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $101.53M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $99.28M USD Point-in-time
Stockholders Equity 21 line items
Line Item Tag Value Unit Period
Cash dividends declared on common stock, per share CommonStockDividendsPerShareDeclared $0.20 USD Annual
Cash dividends declared on common stock, per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Cash dividends declared on common stock, per share CommonStockDividendsPerShareDeclared $0.20 USD Annual
Balance, beginning StockholdersEquity $175.87M USD Point-in-time
Balance, beginning StockholdersEquity $170.66M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 12.03M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 11.79M shares Point-in-time
Net income NetIncomeLoss $3.03M USD 1 Quarter
Net income NetIncomeLoss $2.89M USD 1 Quarter
Net change in accumulated other comprehensive income OtherComprehensiveIncomeLossNetOfTax $583.00K USD 1 Quarter
Net change in accumulated other comprehensive income OtherComprehensiveIncomeLossNetOfTax $-595.00K USD 1 Quarter
Amortization of restricted stock AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $281.00K USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $-590.00K USD 1 Quarter
Common stock option expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $52.00K USD 1 Quarter
Common stock options exercised and related tax benefits StockIssuedDuringPeriodValueShareBasedCompensationGross $72.00K USD 1 Quarter
Sale of shares (dividend reinvestment program) StockIssuedDuringPeriodValueDividendReinvestmentPlan $1.72M USD 1 Quarter
Issuance of shares for Profit Sharing Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan $70.00K USD 1 Quarter
Balance, ending StockholdersEquity $175.87M USD Point-in-time
Balance, ending StockholdersEquity $170.66M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 12.03M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 11.79M shares Point-in-time
Comprehensive Income 14 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $3.03M USD 1 Quarter
Net income NetIncomeLoss $2.89M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-718.00K USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.08M USD 1 Quarter
Less: Reclassification adjustment for net gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $289.00K USD 1 Quarter
Less: Reclassification adjustment for net gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $98.00K USD 1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $-1.01M USD 1 Quarter
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, before Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $984.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $401.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-412.00K USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $583.00K USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-595.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $2.30M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $3.61M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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