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10-Q Filing

HERITAGE FINANCIAL CORP /WA/ CIK: 1046025 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001046025-22-000071
Period End Date 20220331
Filing Date 20220504
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance hfwa-20220331_htm.xml
Balance Sheet 82 line items
Line Item Tag Value Unit Period
Amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $1.09B USD Point-in-time
Amortized cost AvailableForSaleDebtSecuritiesAmortizedCostBasis $883.83M USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $61.38M USD Point-in-time
Total investment securities HeldToMaturitySecuritiesFairValue $384.82M USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $87.91M USD Point-in-time
Total investment securities HeldToMaturitySecuritiesFairValue $376.33M USD Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $1.66B USD Point-in-time
Preferred Stock, No Par Value PreferredStockNoParValue - USD Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $1.49B 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
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.58B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.72B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.50M shares Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $1,085,016 and $883,832, respectively) AvailableForSaleSecuritiesDebtSecurities $1.04B USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $1,085,016 and $883,832, respectively) AvailableForSaleSecuritiesDebtSecurities $894.34M USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - 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
Investment securities held to maturity, at amortized cost, net (fair value of $384,822 and $376,331, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $383.39M USD Point-in-time
Investment securities held to maturity, at amortized cost, net (fair value of $384,822 and $376,331, respectively) DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss $422.21M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Total investment securities DebtSecurities $1.28B USD Point-in-time
Total investment securities DebtSecurities $1.46B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 35.10M shares Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $1.48M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $1.14M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 35.11M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 35.11M shares Point-in-time
Loans receivable NotesReceivableGross $3.82B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 35.10M shares Point-in-time
Loans receivable NotesReceivableGross $3.82B USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $70.19M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $40.33M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $42.36M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLosses $64.22M USD Point-in-time
Loans receivable, net NotesReceivableNet $3.78B USD Point-in-time
Loans receivable, net NotesReceivableNet $3.77B USD Point-in-time
Other real estate owned OtherRealEstate - USD Point-in-time
Other real estate owned OtherRealEstate - USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $79.37M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $78.74M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $8.92M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $7.93M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $120.20M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $119.93M USD Point-in-time
Accrued interest receivable InterestReceivable $14.66M USD Point-in-time
Accrued interest receivable InterestReceivable $14.58M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $190.59M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $183.54M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $9.98M USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $9.27M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Total assets Assets $7.48B USD Point-in-time
Total assets Assets $7.43B USD Point-in-time
Deposits Deposits $6.39B USD Point-in-time
Deposits Deposits $6.49B USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $21.25M USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $21.18M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $49.07M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $50.84M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $100.54M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $111.67M USD Point-in-time
Total liabilities Liabilities $6.66B USD Point-in-time
Total liabilities Liabilities $6.58B 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; 35,102,372 and 35,105,779 shares issued and outstanding, respectively CommonStockValue $551.80M USD Point-in-time
Common stock, no par value, 50,000,000 shares authorized; 35,102,372 and 35,105,779 shares issued and outstanding, respectively CommonStockValue $550.10M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $305.58M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $293.24M USD Point-in-time
Accumulated other comprehensive (loss) income, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.40M USD Point-in-time
Accumulated other comprehensive (loss) income, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-34.23M USD Point-in-time
Total stockholders equity StockholdersEquity $854.43M USD Point-in-time
Total stockholders equity StockholdersEquity $821.45M USD Point-in-time
Total stockholders equity StockholdersEquity $820.44M USD Point-in-time
Total stockholders equity StockholdersEquity $827.15M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.43B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.48B USD Point-in-time
Income Statement 83 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 $41.02M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $6.00M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $3.53M USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $860.00K USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $958.00K USD 1 Quarter
Interest on interest earning deposits OtherInterestAndDividendIncome $706.00K USD 1 Quarter
Interest on interest earning deposits OtherInterestAndDividendIncome $175.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $48.59M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $54.19M USD 1 Quarter
Deposits InterestExpenseDeposits $1.73M USD 1 Quarter
Deposits InterestExpenseDeposits $1.42M USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $194.00K USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $187.00K USD 1 Quarter
Other borrowings InterestExpenseOther $38.00K USD 1 Quarter
Other borrowings InterestExpenseOther $32.00K USD 1 Quarter
Total interest expense InterestExpense $1.95M USD 1 Quarter
Total interest expense InterestExpense $1.65M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $46.94M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $52.24M USD 1 Quarter
Reversal of provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-3.58M 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 $59.44M USD 1 Quarter
Net interest income after reversal of provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $50.52M USD 1 Quarter
Service charges and other fees TotalDepositFeesAndOtherServiceCharges $1.89M USD 1 Quarter
Service charges and other fees TotalDepositFeesAndOtherServiceCharges $2.30M USD 1 Quarter
Card revenue CardRevenue $2.10M USD 1 Quarter
Card revenue CardRevenue $2.44M USD 1 Quarter
Gain on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss $29.00K USD 1 Quarter
Gain on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss - USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $1.37M USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $241.00K USD 1 Quarter
Interest rate swap fees InterestRateSwapFeeIncome $279.00K USD 1 Quarter
Interest rate swap fees InterestRateSwapFeeIncome $152.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $656.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $1.70M USD 1 Quarter
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $204.00K USD 1 Quarter
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $22.00K USD 1 Quarter
Other income NoninterestIncomeOther $1.38M USD 1 Quarter
Other income NoninterestIncomeOther $2.03M USD 1 Quarter
Total noninterest income NoninterestIncome $8.25M USD 1 Quarter
Total noninterest income NoninterestIncome $8.54M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $21.25M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $22.20M USD 1 Quarter
Occupancy and equipment OccupancyNet $4.33M USD 1 Quarter
Occupancy and equipment OccupancyNet $4.45M USD 1 Quarter
Data processing CommunicationsAndInformationTechnology $4.06M USD 1 Quarter
Data processing CommunicationsAndInformationTechnology $3.81M USD 1 Quarter
Marketing MarketingExpense $266.00K USD 1 Quarter
Marketing MarketingExpense $513.00K USD 1 Quarter
Professional services ProfessionalFees $699.00K USD 1 Quarter
Professional services ProfessionalFees $1.27M USD 1 Quarter
State/municipal business and use taxes TaxesExcludingIncomeAndExciseTaxes $796.00K USD 1 Quarter
State/municipal business and use taxes TaxesExcludingIncomeAndExciseTaxes $972.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $600.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $589.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $704.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $797.00K USD 1 Quarter
Other expense OtherNoninterestExpense $2.63M USD 1 Quarter
Other expense OtherNoninterestExpense $3.01M USD 1 Quarter
Total noninterest expense NoninterestExpense $37.24M USD 1 Quarter
Total noninterest expense NoninterestExpense $35.72M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $30.45M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $23.34M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $5.10M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.58M USD 1 Quarter
Net income NetIncomeLoss $19.76M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $0.56 USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $0.70 USD 1 Quarter
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $0.56 USD 1 Quarter
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $0.70 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 $0.21 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 1 Quarter
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.21 USD Point-in-time
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.21 USD Point-in-time
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.09M shares 1 Quarter
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.93M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 36.23M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.41M shares 1 Quarter
Cash Flow Statement 82 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $19.76M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $-1.57M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $-6.80M USD 1 Quarter
Reversal of provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-3.58M USD 1 Quarter
Reversal of provision for credit losses ProvisionForLoanLeaseAndOtherLosses $-7.20M USD 1 Quarter
Stock-based compensation expense EmployeeBenefitsAndShareBasedCompensation $870.00K USD 1 Quarter
Stock-based compensation expense EmployeeBenefitsAndShareBasedCompensation $950.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $704.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $797.00K USD 1 Quarter
Origination of mortgage loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $5.83M 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 $6.41M USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $656.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $1.70M USD 1 Quarter
Valuation adjustment on interest rate swaps InterestRateSwapValuationAdjustments $53.00K USD 1 Quarter
Valuation adjustment on interest rate swaps InterestRateSwapValuationAdjustments $244.00K USD 1 Quarter
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfNotesReceivable $241.00K 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 - 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 $204.00K USD 1 Quarter
Other GainLossOnSaleOfPropertyPlantEquipment $3.72M USD 1 Quarter
Other GainLossOnSaleOfPropertyPlantEquipment $1.11M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $10.93M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.08M USD 1 Quarter
Loan originations and purchases, net of payments PaymentsForProceedsFromFinanceReceivables $988.00K USD 1 Quarter
Loan originations and purchases, net of payments PaymentsForProceedsFromFinanceReceivables $117.89M USD 1 Quarter
Maturities and repayments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $62.67M USD 1 Quarter
Maturities and repayments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $42.33M USD 1 Quarter
Maturities and repayments of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities - USD 1 Quarter
Maturities and repayments of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $6.64M USD 1 Quarter
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $244.41M USD 1 Quarter
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $166.04M USD 1 Quarter
Purchase of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities - USD 1 Quarter
Purchase of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $45.85M USD 1 Quarter
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $1.25M USD 1 Quarter
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $475.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $724.00K USD 1 Quarter
Proceeds from sales of assets held for sale ProceedsfromSaleofAssetsHeldforSale $1.17M USD 1 Quarter
Proceeds from sales of assets held for sale ProceedsfromSaleofAssetsHeldforSale $1.73M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $1.27M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $983.00K USD 1 Quarter
Purchases of bank owned life insurance Purchasebankownedlifeinsurance $105.00K USD 1 Quarter
Purchases of bank owned life insurance Purchasebankownedlifeinsurance $105.00K USD 1 Quarter
Capital contributions to low-income housing tax credit partnerships Changeinlowincometaxhousingtaxcreditpartnership $-12.62M USD 1 Quarter
Capital contributions to low-income housing tax credit partnerships Changeinlowincometaxhousingtaxcreditpartnership - USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-232.75M USD 1 Quarter
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-242.91M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $421.71M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $97.21M USD 1 Quarter
Common stock cash dividends paid PaymentsOfDividendsCommonStock $7.37M USD 1 Quarter
Common stock cash dividends paid PaymentsOfDividendsCommonStock $7.18M USD 1 Quarter
Net (decrease) increase in securities sold under agreement to repurchase IncreaseDecreaseInReceivablesUnderRepurchaseAgreements $1.77M USD 1 Quarter
Net (decrease) increase in securities sold under agreement to repurchase IncreaseDecreaseInReceivablesUnderRepurchaseAgreements $-820.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $2.65M 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 $85.42M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-146.57M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $190.99M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $934.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.72B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $743.32M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.58B 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 $1.72B 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 $1.58B USD Point-in-time
Cash paid for interest InterestPaidNet $1.89M USD 1 Quarter
Cash paid for interest InterestPaidNet $1.55M 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 - USD 1 Quarter
Investment in LIHTC partnership and related funding commitment InvestmentInLowIncomeHousingTaxPartnership - USD 1 Quarter
Investment in LIHTC partnership and related funding commitment InvestmentInLowIncomeHousingTaxPartnership $670.00K USD 1 Quarter
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $55.00K USD 1 Quarter
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $7.38M USD 1 Quarter
Purchase of investment securities available for sale not settled Purchaseofinvestmentsecuritiesavailableforsalenotsettled - USD 1 Quarter
Purchase of investment securities available for sale not settled Purchaseofinvestmentsecuritiesavailableforsalenotsettled $5.00M USD 1 Quarter
Stockholders Equity 25 line items
Line Item Tag Value Unit Period
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 $0.21 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 1 Quarter
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.21 USD Point-in-time
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.21 USD Point-in-time
Beginning balance StockholdersEquity $854.43M USD Point-in-time
Beginning balance StockholdersEquity $821.45M USD Point-in-time
Beginning balance StockholdersEquity $820.44M USD Point-in-time
Beginning balance StockholdersEquity $827.15M USD Point-in-time
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $-2.65M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $870.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $950.00K USD 1 Quarter
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $687.00K USD 1 Quarter
Net income NetIncomeLoss $19.76M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-43.62M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-11.56M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $7.41M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $7.26M USD 1 Quarter
Ending balance StockholdersEquity $854.43M USD Point-in-time
Ending balance StockholdersEquity $821.45M USD Point-in-time
Ending balance StockholdersEquity $820.44M USD Point-in-time
Ending balance StockholdersEquity $827.15M USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-12.11M 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 - USD 1 Quarter
Reclassification adjustment of net gain from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $-6.00K USD 1 Quarter
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), Tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax - USD 1 Quarter
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), Tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-39.00K USD 1 Quarter
Net income NetIncomeLoss $19.76M USD 1 Quarter
Net income NetIncomeLoss $25.34M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-43.62M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-11.56M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-23.87M USD 1 Quarter
Comprehensive (loss) 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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