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10-Q Filing

HERITAGE FINANCIAL CORP /WA/ CIK: 1046025 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0001046025-21-000084
Period End Date 20210331
Filing Date 20210505
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance hfwa-20210331_htm.xml
Balance Sheet 78 line items
Line Item Tag Value Unit Period
Amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $876.36M USD Point-in-time
Amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $770.20M USD Point-in-time
Preferred Stock, No Par Value PreferredStockNoParValue - USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $93.31M USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $91.92M USD Point-in-time
Preferred Stock, No Par Value PreferredStockNoParValue - USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.50M shares Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $841.01M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.50M shares Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $651.40M USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $934.32M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $743.32M USD Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $876,357 and $770,195, respectively) AvailableForSaleSecuritiesDebtSecurities $802.16M USD Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $876,357 and $770,195, respectively) AvailableForSaleSecuritiesDebtSecurities $893.56M USD Point-in-time
Common stock, no par value (in usd per share) CommonStockNoParValue - USD Point-in-time
Common stock, no par value (in usd per share) CommonStockNoParValue - USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $4.93M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $6.80M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 35.98M shares Point-in-time
Loans receivable NotesReceivableGross $4.60B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 35.91M shares Point-in-time
Loans receivable NotesReceivableGross $4.47B USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $47.54M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 35.91M shares Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $70.19M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $36.17M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 35.98M shares Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $64.22M USD Point-in-time
Loans receivable, net NotesReceivableNet $4.40B USD Point-in-time
Loans receivable, net NotesReceivableNet $4.53B USD Point-in-time
Other real estate owned OtherRealEstate $841.00K USD Point-in-time
Other real estate owned OtherRealEstate - USD Point-in-time
Other real estate owned OtherRealEstate - USD Point-in-time
Other real estate owned OtherRealEstate $841.00K USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $84.53M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $85.45M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $6.66M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $7.93M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $107.58M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $108.34M USD Point-in-time
Accrued interest receivable InterestReceivable $19.45M USD Point-in-time
Accrued interest receivable InterestReceivable $19.42M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $188.59M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $193.30M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $13.09M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $12.29M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Total assets Assets $6.62B USD Point-in-time
Total assets Assets $7.03B USD Point-in-time
Deposits Deposits $6.02B USD Point-in-time
Deposits Deposits $5.60B USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $20.96M USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $20.89M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $36.50M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $35.68M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $124.08M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $140.32M USD Point-in-time
Total liabilities Liabilities $6.20B USD Point-in-time
Total liabilities Liabilities $5.79B USD Point-in-time
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding, respectively PreferredStockValue - USD Point-in-time
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding, respectively PreferredStockValue - USD Point-in-time
Common stock, no par value, 50,000,000 shares authorized; 35,981,317 and 35,912,243 shares issued and outstanding, respectively CommonStockValue $571.02M USD Point-in-time
Common stock, no par value, 50,000,000 shares authorized; 35,981,317 and 35,912,243 shares issued and outstanding, respectively CommonStockValue $571.20M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $242.49M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $224.40M USD Point-in-time
Accumulated other comprehensive income, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $25.02M USD Point-in-time
Accumulated other comprehensive income, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $13.46M USD Point-in-time
Total stockholders equity StockholdersEquity $827.15M USD Point-in-time
Total stockholders equity StockholdersEquity $809.31M USD Point-in-time
Total stockholders equity StockholdersEquity $798.44M USD Point-in-time
Total stockholders equity StockholdersEquity $820.44M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $6.62B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.03B USD Point-in-time
Income Statement 81 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $49.52M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $46.28M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $3.53M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $5.63M USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $958.00K USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $756.00K USD 1 Quarter
Interest on interest earning deposits OtherInterestAndDividendIncome $420.00K USD 1 Quarter
Interest on interest earning deposits OtherInterestAndDividendIncome $175.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $53.09M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $54.19M USD 1 Quarter
Deposits InterestExpenseDeposits $1.73M USD 1 Quarter
Deposits InterestExpenseDeposits $4.22M USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $187.00K USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $285.00K USD 1 Quarter
Other borrowings InterestExpenseOther $38.00K USD 1 Quarter
Other borrowings InterestExpenseOther $34.00K USD 1 Quarter
Total interest expense InterestExpense $4.54M USD 1 Quarter
Total interest expense InterestExpense $1.95M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $48.55M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $52.24M USD 1 Quarter
(Reversal of) provision for credit losses ProvisionForLoanLeaseAndOtherLosses $7.95M USD 1 Quarter
(Reversal of) provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-7.20M USD 1 Quarter
Net interest income after (reversal of) provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $40.60M USD 1 Quarter
Net interest income after (reversal of) provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $59.44M USD 1 Quarter
Service charges and other fees TotalDepositFeesAndOtherServiceCharges $4.00M USD 1 Quarter
Service charges and other fees TotalDepositFeesAndOtherServiceCharges $4.38M USD 1 Quarter
Gain on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss $29.00K USD 1 Quarter
Gain on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss $1.01M USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $547.00K USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $1.37M USD 1 Quarter
Interest rate swap fees InterestRateSwapFeeIncome $152.00K USD 1 Quarter
Interest rate swap fees InterestRateSwapFeeIncome $296.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $656.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $885.00K USD 1 Quarter
Other income NoninterestIncomeOther $2.37M USD 1 Quarter
Other income NoninterestIncomeOther $2.04M USD 1 Quarter
Total noninterest income NoninterestIncome $9.49M USD 1 Quarter
Total noninterest income NoninterestIncome $8.25M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $22.51M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $22.46M USD 1 Quarter
Occupancy and equipment OccupancyNet $4.56M USD 1 Quarter
Occupancy and equipment OccupancyNet $4.45M USD 1 Quarter
Data processing CommunicationsAndInformationTechnology $3.81M USD 1 Quarter
Data processing CommunicationsAndInformationTechnology $3.53M USD 1 Quarter
Marketing MarketingExpense $866.00K USD 1 Quarter
Marketing MarketingExpense $669.00K USD 1 Quarter
Professional services ProfessionalFees $1.33M USD 1 Quarter
Professional services ProfessionalFees $1.38M USD 1 Quarter
State/municipal business and use taxes CurrentStateAndLocalTaxExpenseBenefit $757.00K USD 1 Quarter
State/municipal business and use taxes CurrentStateAndLocalTaxExpenseBenefit $972.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $589.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense - USD 1 Quarter
Other real estate owned, net ForeclosedRealEstateIncomeExpense - USD 1 Quarter
Other real estate owned, net ForeclosedRealEstateIncomeExpense $-25.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $903.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $797.00K USD 1 Quarter
Other expense OtherNoninterestExpense $2.73M USD 1 Quarter
Other expense OtherNoninterestExpense $2.16M USD 1 Quarter
Total noninterest expense NoninterestExpense $37.26M USD 1 Quarter
Total noninterest expense NoninterestExpense $37.24M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $12.83M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $30.45M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $640.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $5.10M USD 1 Quarter
Net income NetIncomeLoss $12.19M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $0.70 USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $0.34 USD 1 Quarter
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $0.70 USD 1 Quarter
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $0.34 USD 1 Quarter
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.93M shares 1 Quarter
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 36.34M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 36.60M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 36.23M shares 1 Quarter
Cash Flow Statement 98 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $12.19M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $-6.80M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $67.00K USD 1 Quarter
(Reversal of) provision for credit losses ProvisionForLoanLeaseAndOtherLosses $7.95M USD 1 Quarter
(Reversal of) provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-7.20M USD 1 Quarter
Net change in accrued interest receivable, prepaid expenses and other assets, and accrued expenses and other liabilities NetChangeInAccruedInterestReceivablePrepaidExpensesAndOtherAssetsAccruedExpensesAndOtherLiabilities $-1.21M USD 1 Quarter
Net change in accrued interest receivable, prepaid expenses and other assets, and accrued expenses and other liabilities NetChangeInAccruedInterestReceivablePrepaidExpensesAndOtherAssetsAccruedExpensesAndOtherLiabilities $-7.58M USD 1 Quarter
Stock-based compensation expense EmployeeBenefitsAndShareBasedCompensation $969.00K USD 1 Quarter
Stock-based compensation expense EmployeeBenefitsAndShareBasedCompensation $870.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $903.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $797.00K USD 1 Quarter
Origination of mortgage loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $16.03M USD 1 Quarter
Origination of mortgage loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $32.25M USD 1 Quarter
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfLoansHeldForSale $31.75M USD 1 Quarter
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfLoansHeldForSale $18.30M USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $656.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $885.00K USD 1 Quarter
Valuation adjustment on interest rate swaps InterestRateSwapValuationAdjustments - USD 1 Quarter
Valuation adjustment on interest rate swaps InterestRateSwapValuationAdjustments $244.00K USD 1 Quarter
Loss on sale of other real estate owned, net GainsLossesOnSalesOfOtherRealEstate - USD 1 Quarter
Loss on sale of other real estate owned, net GainsLossesOnSalesOfOtherRealEstate $-4.00K USD 1 Quarter
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfNotesReceivable $547.00K USD 1 Quarter
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfNotesReceivable $1.37M USD 1 Quarter
Gain on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss $29.00K USD 1 Quarter
Gain on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss $1.01M USD 1 Quarter
Gain on sale of assets held for sale GainLossofAssetsHeldforSale $22.00K USD 1 Quarter
Gain on sale of assets held for sale GainLossofAssetsHeldforSale $9.00K USD 1 Quarter
Loss (gain) on sale or write-off of premises and equipment, net GainLossOnSaleOfPropertyPlantEquipment $-90.00K USD 1 Quarter
Loss (gain) on sale or write-off of premises and equipment, net GainLossOnSaleOfPropertyPlantEquipment $9.00K USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $14.31M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.08M USD 1 Quarter
Loans originated, net of principal payments PaymentsToAcquireFinanceReceivables $117.89M USD 1 Quarter
Loans originated, net of principal payments PaymentsToAcquireFinanceReceivables $84.81M USD 1 Quarter
Maturities, calls and payments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $62.67M USD 1 Quarter
Maturities, calls and payments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $74.32M USD 1 Quarter
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $90.52M USD 1 Quarter
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $166.04M USD 1 Quarter
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $25.18M USD 1 Quarter
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.25M USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $475.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.42M USD 1 Quarter
Proceeds from sales of other real estate owned ProceedsFromSaleOfForeclosedAssets $266.00K USD 1 Quarter
Proceeds from sales of other real estate owned ProceedsFromSaleOfForeclosedAssets - USD 1 Quarter
Proceeds from sales of assets held for sale ProceedsfromSaleofAssetsHeldforSale $394.00K USD 1 Quarter
Proceeds from sales of assets held for sale ProceedsfromSaleofAssetsHeldforSale $1.73M USD 1 Quarter
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $760.00K USD 1 Quarter
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock - USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $1.27M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $1.04M USD 1 Quarter
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $9.00K USD 1 Quarter
Purchases of bank owned life insurance Purchasebankownedlifeinsurance $3.58M USD 1 Quarter
Purchases of bank owned life insurance Purchasebankownedlifeinsurance $105.00K USD 1 Quarter
Proceeds from bank owned life insurance death benefit BankOwnedLifeInsuranceDeathBenefit - USD 1 Quarter
Proceeds from bank owned life insurance death benefit BankOwnedLifeInsuranceDeathBenefit $1.32M USD 1 Quarter
Capital contributions to low-income housing tax credit partnerships Changeinlowincometaxhousingtaxcreditpartnership $-1.43M USD 1 Quarter
Capital contributions to low-income housing tax credit partnerships Changeinlowincometaxhousingtaxcreditpartnership $-12.62M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-80.55M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-232.75M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $35.27M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $421.71M USD 1 Quarter
Federal Home Loan Bank advances IncreaseDecreaseInLoansToFederalHomeLoanBanks $-10.00K USD 1 Quarter
Federal Home Loan Bank advances IncreaseDecreaseInLoansToFederalHomeLoanBanks $-19.00M USD 1 Quarter
Repayment of Federal Home Loan Bank advances RepaymentsOfDebt $10.00K USD 1 Quarter
Repayment of Federal Home Loan Bank advances RepaymentsOfDebt $19.00M USD 1 Quarter
Common stock cash dividends paid PaymentsOfDividendsCommonStock $7.31M USD 1 Quarter
Common stock cash dividends paid PaymentsOfDividendsCommonStock $7.18M USD 1 Quarter
Net increase (decrease) in securities sold under agreement to repurchase IncreaseDecreaseInReceivablesUnderRepurchaseAgreements $-820.00K USD 1 Quarter
Net increase (decrease) in securities sold under agreement to repurchase IncreaseDecreaseInReceivablesUnderRepurchaseAgreements $8.38M USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised - USD 1 Quarter
Proceeds from exercise of stock options ProceedsFromStockOptionsExercised $71.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $19.06M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $687.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $414.66M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $592.00K USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $190.99M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-65.66M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $743.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $162.91M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $934.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $228.57M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $743.32M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $162.91M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $934.32M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $228.57M USD Point-in-time
Cash paid for interest InterestPaidNet $4.51M USD 1 Quarter
Cash paid for interest InterestPaidNet $1.89M USD 1 Quarter
Cash paid for income taxes, net of refunds IncomeTaxesPaidNet $64.00K USD 1 Quarter
Cash paid for income taxes, net of refunds IncomeTaxesPaidNet $58.00K USD 1 Quarter
Transfers of loans receivable to other real estate owned TransferToOtherRealEstate $270.00K USD 1 Quarter
Transfers of loans receivable to other real estate owned TransferToOtherRealEstate - USD 1 Quarter
Purchase of investment securities available for sale not settled Purchaseofinvestmentsecuritiesavailableforsalenotsettled $5.00M USD 1 Quarter
Purchase of investment securities available for sale not settled Purchaseofinvestmentsecuritiesavailableforsalenotsettled $7.30M USD 1 Quarter
Cumulative effect from change in accounting policy CumulativeEffectFromChangeInAccountingPolicy $7.17M USD 1 Quarter
Cumulative effect from change in accounting policy CumulativeEffectFromChangeInAccountingPolicy - USD 1 Quarter
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $591.00K USD 1 Quarter
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $7.38M USD 1 Quarter
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD 1 Quarter
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.20 USD Point-in-time
Beginning balance StockholdersEquity $827.15M USD Point-in-time
Beginning balance StockholdersEquity $809.31M USD Point-in-time
Beginning balance StockholdersEquity $798.44M USD Point-in-time
Beginning balance StockholdersEquity $820.44M USD Point-in-time
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $71.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $870.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $969.00K USD 1 Quarter
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $687.00K USD 1 Quarter
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $19.06M USD 1 Quarter
Net income NetIncomeLoss $12.19M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $7.91M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-11.56M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $7.34M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $7.26M USD 1 Quarter
Ending balance StockholdersEquity $827.15M USD Point-in-time
Ending balance StockholdersEquity $809.31M USD Point-in-time
Ending balance StockholdersEquity $798.44M USD Point-in-time
Ending balance StockholdersEquity $820.44M USD Point-in-time
Comprehensive Income 10 line items
Line Item Tag Value Unit Period
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $2.42M USD 1 Quarter
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-3.20M USD 1 Quarter
Reclassification adjustment of net gain from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-221.00K USD 1 Quarter
Reclassification adjustment of net gain from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-6.00K USD 1 Quarter
Net income NetIncomeLoss $12.19M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $7.91M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-11.56M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $20.11M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $13.79M USD 1 Quarter

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

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