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10-Q Filing

PEAPACK GLADSTONE FINANCIAL CORP CIK: 1050743 Q1 2023
Filing Information
Form Type 10-Q
Accession Number 0000950170-23-019455
Period End Date 20230331
Filing Date 20230509
Fiscal Year 2023
Fiscal Period Q1
XBRL Instance pgc-20230331_htm.xml
Balance Sheet 115 line items
Line Item Tag Value Unit Period
Securities held to maturity fair value HeldToMaturitySecuritiesFairValue $97.97M USD Point-in-time
Securities held to maturity fair value HeldToMaturitySecuritiesFairValue $87.19M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $5.94M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare - USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare - USD Point-in-time
Cash and due from banks CashAndDueFromBanks $6.51M USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $184.14M USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $244.78M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $190.07M USD Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $251.29M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $554.65M USD Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $556.27M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 42.00M shares Point-in-time
Securities held to maturity (fair value $97,967 at March 31, 2023 and $87,187 at December 31, 2022) HeldToMaturitySecurities $111.61M USD Point-in-time
Securities held to maturity (fair value $97,967 at March 31, 2023 and $87,187 at December 31, 2022) HeldToMaturitySecurities $102.29M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 42.00M shares Point-in-time
CRA equity security, at fair value EquitySecuritiesFvNi $13.19M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 21.01M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 21.29M shares Point-in-time
CRA equity security, at fair value EquitySecuritiesFvNi $12.98M USD Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $30.67M USD Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $30.34M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 18.01M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 17.81M shares Point-in-time
Treasury stock, shares TreasuryStockShares 3.19M shares Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $15.63M USD Point-in-time
Treasury stock, shares TreasuryStockShares 3.28M shares Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $13.80M USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $5.37B USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $5.29B USD Point-in-time
Less: allowance for credit losses LoansAndLeasesReceivableAllowance $58.39M USD Point-in-time
Less: allowance for credit losses LoansAndLeasesReceivableAllowance $60.83M USD Point-in-time
Less: allowance for credit losses LoansAndLeasesReceivableAllowance $62.25M USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $5.22B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $5.30B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $23.83M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $23.78M USD Point-in-time
Other real estate owned OtherRealEstate $116.00K USD Point-in-time
Other real estate owned OtherRealEstate $116.00K USD Point-in-time
Accrued interest receivable InterestReceivable $25.16M USD Point-in-time
Accrued interest receivable InterestReceivable $19.14M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $47.15M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $47.26M USD Point-in-time
Goodwill Goodwill $36.21M USD Point-in-time
Goodwill Goodwill $36.21M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $11.12M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $10.77M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAsset $2.65M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAsset $2.83M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.26M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.87M USD Point-in-time
Other assets OtherAssets $47.85M USD Point-in-time
Other assets OtherAssets $63.59M USD Point-in-time
TOTAL ASSETS Assets $6.26B USD Point-in-time
TOTAL ASSETS Assets $6.48B USD Point-in-time
TOTAL ASSETS Assets $6.35B USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $1.25B USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $1.10B USD Point-in-time
Checking InterestBearingDomesticDepositChecking $2.80B USD Point-in-time
Checking InterestBearingDomesticDepositChecking $2.14B USD Point-in-time
Savings InterestBearingDomesticDepositSavings $157.34M USD Point-in-time
Savings InterestBearingDomesticDepositSavings $132.52M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $873.33M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.23B USD Point-in-time
Certificates of deposit - retail TimeDeposits $357.13M USD Point-in-time
Certificates of deposit - retail TimeDeposits $318.57M USD Point-in-time
Certificates of deposit - listing service ListingServiceCertificatesOfDeposit $15.92M USD Point-in-time
Certificates of deposit - listing service ListingServiceCertificatesOfDeposit $25.36M USD Point-in-time
Subtotal deposits DepositLiabilitiesExcludingBrokeredDeposits $5.27B USD Point-in-time
Subtotal deposits DepositLiabilitiesExcludingBrokeredDeposits $5.12B USD Point-in-time
Interest-bearing demand - brokered InterestBearingDomesticDepositBrokered $10.00M USD Point-in-time
Interest-bearing demand - brokered InterestBearingDomesticDepositBrokered $60.00M USD Point-in-time
Certificates of deposit - brokered BrokeredCertificatesOfDeposit $25.98M USD Point-in-time
Certificates of deposit - brokered BrokeredCertificatesOfDeposit $25.89M USD Point-in-time
Total deposits Deposits $5.21B USD Point-in-time
Total deposits Deposits $5.31B USD Point-in-time
Short-term borrowings ShortTermBorrowings $379.53M USD Point-in-time
Short-term borrowings ShortTermBorrowings $378.80M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $4.38M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $4.70M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $13.70M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $13.08M USD Point-in-time
Subordinated debt, net SubordinatedDebt $133.06M USD Point-in-time
Subordinated debt, net SubordinatedDebt $132.99M USD Point-in-time
Deferred tax liabilities, net DeferredIncomeTaxLiabilitiesNet $15.43M USD Point-in-time
Deferred tax liabilities, net DeferredIncomeTaxLiabilitiesNet $12.11M USD Point-in-time
Due to brokers DueToCorrespondentBrokers $8.31M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $69.10M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $66.47M USD Point-in-time
TOTAL LIABILITIES Liabilities $5.93B USD Point-in-time
TOTAL LIABILITIES Liabilities $5.82B USD Point-in-time
Preferred stock (no par value; authorized 500,000 shares; liquidation preference of $1,000 per share) PreferredStockValue - USD Point-in-time
Preferred stock (no par value; authorized 500,000 shares; liquidation preference of $1,000 per share) PreferredStockValue - USD Point-in-time
Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 21,291,670 at March 31, 2023 and 21,007,350 at December 31, 2022; outstanding shares, 18,014,757 at March 31, 2023 and 17,813,451 at December 31, 2022) CommonStockValue $17.75M USD Point-in-time
Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 21,291,670 at March 31, 2023 and 21,007,350 at December 31, 2022; outstanding shares, 18,014,757 at March 31, 2023 and 17,813,451 at December 31, 2022) CommonStockValue $17.51M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $338.71M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $339.06M USD Point-in-time
Treasury stock at cost (3,276,913 shares at March 31, 2023 and 3,193,899 shares at December 31, 2022) TreasuryStockValue $100.68M USD Point-in-time
Treasury stock at cost (3,276,913 shares at March 31, 2023 and 3,193,899 shares at December 31, 2022) TreasuryStockValue $97.83M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $348.80M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $366.27M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-67.44M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-74.21M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $532.98M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $554.96M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $523.43M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $546.39M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $6.35B USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $6.48B USD Point-in-time
Income Statement 80 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $40.47M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $64.47M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $4.47M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $3.61M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $21.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $8.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $11.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $2.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $29.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $1.54M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $44.14M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $70.49M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $1.78M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $21.38M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $606.00K USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $1.73M USD 1 Quarter
Interest on borrowed funds InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $1.30M USD 1 Quarter
Interest on borrowed funds InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $64.00K USD 1 Quarter
Interest on finance lease liability FinanceLeaseInterestExpense $53.00K USD 1 Quarter
Interest on finance lease liability FinanceLeaseInterestExpense $68.00K USD 1 Quarter
Interest on subordinated debt InterestExpenseSubordinatedNotesAndDebentures $1.36M USD 1 Quarter
Interest on subordinated debt InterestExpenseSubordinatedNotesAndDebentures $1.64M USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $26.10M USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $3.88M USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $373.00K USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $208.00K USD 1 Quarter
Interest on certificates of deposits - brokered InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered $205.00K USD 1 Quarter
Interest on certificates of deposits - brokered InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered $261.00K USD 1 Quarter
Total interest expense InterestExpense $26.51M USD 1 Quarter
Total interest expense InterestExpense $4.52M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES InterestIncomeExpenseNet $43.98M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES InterestIncomeExpenseNet $39.62M USD 1 Quarter
Provision for credit losses ProvisionForLoanAndLeaseLosses $1.51M USD 1 Quarter
Provision for credit losses ProvisionForLoanAndLeaseLosses $2.38M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $42.47M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $37.25M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $13.76M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $14.83M USD 1 Quarter
Service charges and fees ServiceChargesAndFees $1.26M USD 1 Quarter
Service charges and fees ServiceChargesAndFees $952.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $297.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $313.00K USD 1 Quarter
Gain on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $247.00K USD 1 Quarter
Gain on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $21.00K USD 1 Quarter
Gain on sale of SBA loans GainOnSaleOfSbaLoans $865.00K USD 1 Quarter
Gain on sale of SBA loans GainOnSaleOfSbaLoans $2.84M USD 1 Quarter
Corporate advisory fee income CorporateAdvisoryFeeIncome $80.00K USD 1 Quarter
Corporate advisory fee income CorporateAdvisoryFeeIncome $1.56M USD 1 Quarter
Other income NoninterestIncomeOther $1.57M USD 1 Quarter
Other income NoninterestIncomeOther $1.25M USD 1 Quarter
Loss on securities sale, net GainLossOnInvestments $-6.61M USD 1 Quarter
Fair value adjustment for CRA equity security EquityFairValueAdjustment $-682.00K USD 1 Quarter
Fair value adjustment for CRA equity security EquityFairValueAdjustment $209.00K USD 1 Quarter
Total noninterest other income NoninterestIncome $14.71M USD 1 Quarter
Total noninterest other income NoninterestIncome $18.06M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $22.45M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $24.59M USD 1 Quarter
Premises and equipment OccupancyNet $4.37M USD 1 Quarter
Premises and equipment OccupancyNet $4.65M USD 1 Quarter
FDIC insurance expense FederalDepositInsuranceCorporationPremiumExpenseBenefit $471.00K USD 1 Quarter
FDIC insurance expense FederalDepositInsuranceCorporationPremiumExpenseBenefit $711.00K USD 1 Quarter
Swap valuation allowance SwapValuationAllowance $673.00K USD 1 Quarter
Other operating expense OtherExpenses $5.93M USD 1 Quarter
Other operating expense OtherExpenses $5.90M USD 1 Quarter
Total operating expenses NoninterestExpense $35.57M USD 1 Quarter
Total operating expenses NoninterestExpense $34.17M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $17.79M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $24.95M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $6.59M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $4.35M USD 1 Quarter
NET INCOME NetIncomeLoss $13.44M USD 1 Quarter
NET INCOME NetIncomeLoss $18.36M USD 1 Quarter
Basic EarningsPerShareBasic $0.73 USD 1 Quarter
Basic EarningsPerShareBasic $1.03 USD 1 Quarter
Diluted EarningsPerShareDiluted $1.01 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.71 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 17.84M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 18.34M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 18.95M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 18.26M shares 1 Quarter
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $18.36M USD 1 Quarter
Net income ProfitLoss $13.44M USD 1 Quarter
Depreciation Depreciation $879.00K USD 1 Quarter
Depreciation Depreciation $839.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-169.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-947.00K USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $2.48M USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $2.67M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $431.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $354.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $71.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $72.00K USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $2.38M USD 1 Quarter
Provision for credit losses ProvisionForLoanLeaseAndOtherLosses $1.51M USD 1 Quarter
Swap valuation allowance SwapValuationAllowance $673.00K USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-3.58M USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-2.49M USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense EmployeeStockOwnershipPlanESOPCompensationExpense $48.00K USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense EmployeeStockOwnershipPlanESOPCompensationExpense $35.00K USD 1 Quarter
Fair value adjustment for equity security EquitySecuritiesFvNiUnrealizedGainLoss $209.00K USD 1 Quarter
Fair value adjustment for equity security EquitySecuritiesFvNiUnrealizedGainLoss $-682.00K USD 1 Quarter
Loss on securities available for sale DebtSecuritiesAvailableForSaleGainLoss $-6.61M USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $9.86M USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $34.78M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $12.57M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $43.01M USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $3.09M USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $886.00K USD 1 Quarter
Loss on disposal of fixed assets GainLossOnDisposalOfFixedAssets $-6.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $142.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $114.00K USD 1 Quarter
Decrease/(Increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-6.01M USD 1 Quarter
Decrease/(Increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $1.30M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-5.74M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-2.81M USD 1 Quarter
Increase/(decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $4.18M USD 1 Quarter
Increase/(decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-587.00K USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $39.00M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $30.92M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $102.22M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $157.66M USD 1 Quarter
Principal repayments, maturities and calls of securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.02M USD 1 Quarter
Principal repayments, maturities and calls of securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $1.83M USD 1 Quarter
Redemptions of FHLB and FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $16.77M USD 1 Quarter
Redemptions of FHLB and FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $27.89M USD 1 Quarter
Purchase of securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $2.05M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $74.59M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $150.66M USD 1 Quarter
Purchase of FHLB and FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $27.55M USD 1 Quarter
Purchase of FHLB and FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $22.39M USD 1 Quarter
Net increase in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $80.58M USD 1 Quarter
Net increase in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $316.17M USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $643.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $568.00K USD 1 Quarter
Disposal of premises and equipment DisposalOfPremisesAndEquipment $6.00K USD 1 Quarter
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-292.89M USD 1 Quarter
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-74.92M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $121.27M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $103.68M USD 1 Quarter
Net (decrease)/increase in short-term borrowings ProceedsFromShortTermDebt $122.08M USD 1 Quarter
Net (decrease)/increase in short-term borrowings ProceedsFromShortTermDebt $-250.73M USD 1 Quarter
Proceeds from FHLB short term advances ProceedsFromFederalHomeLoanBankBorrowingsShortTermAdvances $250.00M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $920.00K USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $883.00K USD 1 Quarter
Exercise of stock options, net of stock swaps ProceedsFromStockOptionsExercised $120.00K USD 1 Quarter
Exercise of stock options, net of stock swaps ProceedsFromStockOptionsExercised $4.00K USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $2.38M USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $2.50M USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $298.00K USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $255.00K USD 1 Quarter
Shares repurchased PaymentsForRepurchaseOfCommonStock $2.85M USD 1 Quarter
Shares repurchased PaymentsForRepurchaseOfCommonStock $11.17M USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $229.13M USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $97.14M USD 1 Quarter
Net increase/(decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $61.22M USD 1 Quarter
Net increase/(decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-32.84M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.07M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $113.96M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $251.29M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $146.80M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.07M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $113.96M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $251.29M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $146.80M USD Point-in-time
Interest InterestPaidNet $21.38M USD 1 Quarter
Interest InterestPaidNet $3.10M USD 1 Quarter
Income tax, net IncomeTaxesPaidNet $199.00K USD 1 Quarter
Income tax, net IncomeTaxesPaidNet $199.00K USD 1 Quarter
Security purchases due from broker SecurityPurchasesDueFromBroker $8.31M USD 1 Quarter
Security sales due from broker SecuritySalesDueFromBroker $120.25M USD 1 Quarter
Stockholders Equity 31 line items
Line Item Tag Value Unit Period
Shares outstanding CommonStockSharesOutstanding 18.01M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 17.81M shares Point-in-time
Common stock options exercised, shares StockIssuedDuringPeriodSharesStockOptionsExercised 300.00 shares 1 Quarter
Issuance of shares for Employee Stock Purchase Plan, shares StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 7,533.00 shares 1 Quarter
Issuance of shares for Employee Stock Purchase Plan, shares StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 6,808.00 shares 1 Quarter
Shares outstanding CommonStockSharesOutstanding 18.01M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 17.81M shares Point-in-time
Balance StockholdersEquity $532.98M USD Point-in-time
Balance StockholdersEquity $554.96M USD Point-in-time
Balance StockholdersEquity $523.43M USD Point-in-time
Balance StockholdersEquity $546.39M USD Point-in-time
Net income NetIncomeLoss $13.44M USD 1 Quarter
Net income NetIncomeLoss $18.36M USD 1 Quarter
Comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-28.56M USD 1 Quarter
Comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $6.77M USD 1 Quarter
Restricted stock units repurchased on vesting to pay taxes RestrictedStockUnitsOrAwardsRepurchasedOnVestingToPayTaxesValue $2.38M USD 1 Quarter
Restricted stock units repurchased on vesting to pay taxes RestrictedStockUnitsOrAwardsRepurchasedOnVestingToPayTaxesValue $2.50M USD 1 Quarter
Amortization of restricted stock units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $2.48M USD 1 Quarter
Amortization of restricted stock units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $2.67M USD 1 Quarter
Cash dividends declared on common stock ($0.05 per share) DividendsCommonStockCash $883.00K USD 1 Quarter
Cash dividends declared on common stock ($0.05 per share) DividendsCommonStockCash $920.00K USD 1 Quarter
Share repurchase TreasuryStockValueAcquiredCostMethod $11.17M USD 1 Quarter
Share repurchase TreasuryStockValueAcquiredCostMethod $2.85M USD 1 Quarter
Common stock options exercised shares StockIssuedDuringPeriodValueShareBasedCompensationGross $120.00K USD 1 Quarter
Common stock options exercised shares StockIssuedDuringPeriodValueShareBasedCompensationGross $4.00K USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $298.00K USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $255.00K USD 1 Quarter
Balance StockholdersEquity $532.98M USD Point-in-time
Balance StockholdersEquity $554.96M USD Point-in-time
Balance StockholdersEquity $523.43M USD Point-in-time
Balance StockholdersEquity $546.39M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $13.44M USD 1 Quarter
Net income NetIncomeLoss $18.36M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-46.80M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $8.77M USD 1 Quarter
Reclassification adjustment for amounts included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $-6.61M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $8.77M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $-40.19M USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $48.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-9.62M USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $8.72M USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-30.57M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-2.73M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $2.80M USD 1 Quarter
Reclassification adjustment for amounts included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $42.00K USD 1 Quarter
Before tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent $-2.77M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent $2.80M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent $-819.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent $786.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $2.01M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-1.96M USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-28.56M USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $6.77M USD 1 Quarter
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTax $-15.12M USD 1 Quarter
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTax $25.12M USD 1 Quarter

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

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