◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

HERITAGE FINANCIAL CORP /WA/ CIK: 1046025 Q2 2023
Filing Information
Form Type 10-Q
Accession Number 0001046025-23-000182
Period End Date 20230630
Filing Date 20230804
Fiscal Year 2023
Fiscal Period Q2
XBRL Instance hfwa-20230630_htm.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Cash on hand and in banks CashAndDueFromBanks $73.46M USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $74.30M USD Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $34.91M USD Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $29.30M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $103.59M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $108.38M USD Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $1,402,144 and $1,460,033, respectively) DebtSecuritiesAvailableForSaleExcludingAccruedInterest $1.33B USD Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $1,402,144 and $1,460,033, respectively) DebtSecuritiesAvailableForSaleExcludingAccruedInterest $1.28B USD Point-in-time
Investment securities held to maturity, at amortized cost, net (fair value of $664,810 and $673,434, respectively) DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss $766.40M USD Point-in-time
Investment securities held to maturity, at amortized cost, net (fair value of $664,810 and $673,434, respectively) DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss $754.28M USD Point-in-time
Fair Value DebtSecurities $2.10B USD Point-in-time
Fair Value DebtSecurities $2.03B USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $752.00K USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup - USD Point-in-time
Loans receivable FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $4.05B USD Point-in-time
Amortized Cost DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss $1.40B USD Point-in-time
Amortized Cost DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss $1.46B USD Point-in-time
Loans receivable FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $4.25B USD Point-in-time
Total investment securities HeldToMaturitySecuritiesFairValue $664.81M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $39.70M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $46.41M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $42.36M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $42.99M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $44.47M USD Point-in-time
Total investment securities HeldToMaturitySecuritiesFairValue $673.43M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $40.33M USD Point-in-time
Preferred Stock, No Par Value PreferredStockNoParValue - USD Point-in-time
Loans receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $4.01B USD Point-in-time
Preferred Stock, No Par Value PreferredStockNoParValue - USD Point-in-time
Loans receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $4.20B USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.50M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 2.50M shares Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $76.93M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $79.40M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $8.92M USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Preferred Stock, Value, Outstanding PreferredStockValueOutstanding - USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $8.37M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $122.91M 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
Bank owned life insurance BankOwnedLifeInsurance $122.06M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Accrued interest receivable InterestReceivable $18.55M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Accrued interest receivable InterestReceivable $18.97M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $296.18M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $293.95M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 35.05M shares 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
Other intangible assets, net FiniteLivedIntangibleAssetsNet $7.23M USD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet $5.98M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 35.05M shares Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Total assets Assets $6.98B USD Point-in-time
Total assets Assets $7.12B USD Point-in-time
Deposits DepositsNotHeldForSale $5.58B USD Point-in-time
Deposits DepositsNotHeldForSale $5.91B USD Point-in-time
Deposits held for sale DepositsHeldForSale $17.42M USD Point-in-time
Deposits held for sale DepositsHeldForSale $15.89M USD Point-in-time
Total deposits Deposits $5.60B USD Point-in-time
Total deposits Deposits $5.92B USD Point-in-time
Borrowings OtherShortTermBorrowings - USD Point-in-time
Borrowings OtherShortTermBorrowings $450.00M USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $21.47M USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $21.62M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $38.22M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $46.60M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $189.30M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $190.30M USD Point-in-time
Total liabilities Liabilities $6.30B USD Point-in-time
Total liabilities Liabilities $6.18B 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; 35,047,800 and 35,106,697 shares issued and outstanding, respectively CommonStockValue $550.10M USD Point-in-time
Common stock, no par value, 50,000,000 shares authorized; 35,047,800 and 35,106,697 shares issued and outstanding, respectively CommonStockValue $552.40M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $345.35M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $367.08M USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-97.45M USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-99.85M USD Point-in-time
Total stockholders equity StockholdersEquity $826.08M USD Point-in-time
Total stockholders equity StockholdersEquity $821.45M USD Point-in-time
Total stockholders equity StockholdersEquity $797.89M USD Point-in-time
Total stockholders equity StockholdersEquity $854.43M USD Point-in-time
Total stockholders equity StockholdersEquity $805.37M USD Point-in-time
Total stockholders equity StockholdersEquity $819.73M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.12B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $6.98B USD Point-in-time
Income Statement 158 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $104.07M USD 2 Qtrs
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $53.62M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $40.89M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $81.92M USD 2 Qtrs
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $29.43M USD 2 Qtrs
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $14.77M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $7.61M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $13.61M USD 2 Qtrs
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $893.00K USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $520.00K USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $1.75M USD 2 Qtrs
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $1.11M USD 2 Qtrs
Interest on interest earning deposits InterestIncomeDomesticDeposits $2.13M USD 2 Qtrs
Interest on interest earning deposits InterestIncomeDomesticDeposits $3.05M USD 2 Qtrs
Interest on interest earning deposits InterestIncomeDomesticDeposits $2.34M USD 1 Quarter
Interest on interest earning deposits InterestIncomeDomesticDeposits $1.15M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $70.07M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $51.73M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $100.33M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $136.74M USD 2 Qtrs
Deposits InterestExpenseDeposits $8.61M USD 1 Quarter
Deposits InterestExpenseDeposits $1.41M USD 1 Quarter
Deposits InterestExpenseDeposits $2.84M USD 2 Qtrs
Deposits InterestExpenseDeposits $13.13M USD 2 Qtrs
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $239.00K USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $433.00K USD 2 Qtrs
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $981.00K USD 2 Qtrs
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $499.00K USD 1 Quarter
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $32.00K USD 1 Quarter
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $63.00K USD 1 Quarter
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $110.00K USD 2 Qtrs
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $64.00K USD 2 Qtrs
Borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm - USD 1 Quarter
Borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $6.84M USD 2 Qtrs
Borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm - USD 2 Qtrs
Borrowings InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $5.08M USD 1 Quarter
Total interest expense InterestExpense $3.33M USD 2 Qtrs
Total interest expense InterestExpense $21.07M USD 2 Qtrs
Total interest expense InterestExpense $14.25M USD 1 Quarter
Total interest expense InterestExpense $1.68M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $115.67M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $96.99M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $50.05M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $55.82M USD 1 Quarter
Provision for (reversal of) credit losses ProvisionForLoanLossesExpensed $-1.20M USD 1 Quarter
Provision for (reversal of) credit losses ProvisionForLoanLossesExpensed $1.91M USD 1 Quarter
Provision for (reversal of) credit losses ProvisionForLoanLossesExpensed $3.73M USD 2 Qtrs
Provision for (reversal of) credit losses ProvisionForLoanLossesExpensed $-4.78M USD 2 Qtrs
Net interest income after provision for (reversal of) credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $53.91M USD 1 Quarter
Net interest income after provision for (reversal of) credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $111.93M USD 2 Qtrs
Net interest income after provision for (reversal of) credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $51.25M USD 1 Quarter
Net interest income after provision for (reversal of) credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $101.77M USD 2 Qtrs
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss - USD 1 Quarter
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss - USD 1 Quarter
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss - USD 2 Qtrs
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss $-286.00K USD 2 Qtrs
Gain on sale of loans, net GainLossOnSalesOfLoansNet $460.00K USD 2 Qtrs
Gain on sale of loans, net GainLossOnSalesOfLoansNet $101.00K USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $150.00K USD 2 Qtrs
Gain on sale of loans, net GainLossOnSalesOfLoansNet $219.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $2.46M USD 2 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $1.55M USD 2 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $764.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $837.00K USD 1 Quarter
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets - USD 1 Quarter
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets - USD 1 Quarter
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $204.00K USD 2 Qtrs
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $2.00K USD 2 Qtrs
Other income NoninterestIncomeOther $1.42M USD 1 Quarter
Other income NoninterestIncomeOther $2.67M USD 2 Qtrs
Other income NoninterestIncomeOther $1.28M USD 1 Quarter
Other income NoninterestIncomeOther $4.53M USD 2 Qtrs
Total noninterest income NoninterestIncome $7.28M USD 1 Quarter
Total noninterest income NoninterestIncome $7.02M USD 1 Quarter
Total noninterest income NoninterestIncome $15.55M USD 2 Qtrs
Total noninterest income NoninterestIncome $15.54M USD 2 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $50.32M USD 2 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $21.78M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $24.78M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $43.03M USD 2 Qtrs
Occupancy and equipment OccupancyNet $8.50M USD 2 Qtrs
Occupancy and equipment OccupancyNet $4.17M USD 1 Quarter
Occupancy and equipment OccupancyNet $9.56M USD 2 Qtrs
Occupancy and equipment OccupancyNet $4.67M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $4.50M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $4.18M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $8.84M USD 2 Qtrs
Data processing InformationTechnologyAndDataProcessing $8.25M USD 2 Qtrs
Marketing MarketingExpense $610.00K USD 2 Qtrs
Marketing MarketingExpense $441.00K USD 1 Quarter
Marketing MarketingExpense $344.00K USD 1 Quarter
Marketing MarketingExpense $843.00K USD 2 Qtrs
Professional services ProfessionalFees $751.00K USD 1 Quarter
Professional services ProfessionalFees $1.38M USD 2 Qtrs
Professional services ProfessionalFees $1.23M USD 2 Qtrs
Professional services ProfessionalFees $529.00K USD 1 Quarter
Excise and Sales Taxes ExciseAndSalesTaxes $867.00K USD 1 Quarter
Excise and Sales Taxes ExciseAndSalesTaxes $1.05M USD 1 Quarter
Excise and Sales Taxes ExciseAndSalesTaxes $2.06M USD 2 Qtrs
Excise and Sales Taxes ExciseAndSalesTaxes $1.66M USD 2 Qtrs
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $425.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $797.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $1.02M USD 2 Qtrs
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $1.65M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $704.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $623.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $1.41M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.25M USD 2 Qtrs
Other expense OtherNoninterestExpense $5.71M USD 2 Qtrs
Other expense OtherNoninterestExpense $7.04M USD 2 Qtrs
Other expense OtherNoninterestExpense $2.70M USD 1 Quarter
Other expense OtherNoninterestExpense $3.71M USD 1 Quarter
Total noninterest expense NoninterestExpense $35.71M USD 1 Quarter
Total noninterest expense NoninterestExpense $82.93M USD 2 Qtrs
Total noninterest expense NoninterestExpense $71.43M USD 2 Qtrs
Total noninterest expense NoninterestExpense $41.33M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $22.56M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $45.90M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $44.54M USD 2 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $19.87M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $7.24M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $7.56M USD 2 Qtrs
Income tax expense IncomeTaxExpenseBenefit $3.02M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.98M USD 1 Quarter
Net income NetIncomeLoss $38.34M USD 2 Qtrs
Net income NetIncomeLoss $37.30M USD 2 Qtrs
Net income NetIncomeLoss $18.58M USD 1 Quarter
Net income NetIncomeLoss $16.85M USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $0.53 USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $0.48 USD 1 Quarter
Basic earnings per common share (in usd per share) EarningsPerShareBasic $1.09 USD 2 Qtrs
Basic earnings per common share (in usd per share) EarningsPerShareBasic $1.06 USD 2 Qtrs
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $0.52 USD 1 Quarter
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $1.06 USD 2 Qtrs
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $0.48 USD 1 Quarter
Diluted earnings per common share (in usd per share) EarningsPerShareDiluted $1.08 USD 2 Qtrs
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.42 USD 2 Qtrs
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
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.22 USD Point-in-time
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 $0.22 USD Point-in-time
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 $0.44 USD 2 Qtrs
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
Dividends declared per common share (in usd per share) CommonStockDividendsPerShareDeclared $0.21 USD 1 Quarter
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.10M shares 2 Qtrs
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.06M shares 1 Quarter
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.08M shares 2 Qtrs
Basic weighted average common shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.11M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.41M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.13M shares 1 Quarter
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.35M shares 2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted WeightedAverageNumberOfDilutedSharesOutstanding 35.41M shares 2 Qtrs
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $168.00K USD 2 Qtrs
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $305.00K USD 2 Qtrs
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $26.00K USD 1 Quarter
Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $115.00K USD 1 Quarter
Cash Flow Statement 98 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $38.34M USD 2 Qtrs
Net income NetIncomeLoss $37.30M USD 2 Qtrs
Net income NetIncomeLoss $18.58M USD 1 Quarter
Net income NetIncomeLoss $16.85M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $1.74M USD 2 Qtrs
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $-1.65M USD 2 Qtrs
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $3.73M USD 2 Qtrs
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $-4.78M USD 2 Qtrs
Stock-based compensation expense EmployeeBenefitsAndShareBasedCompensation $2.08M USD 2 Qtrs
Stock-based compensation expense EmployeeBenefitsAndShareBasedCompensation $1.79M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $704.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $623.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $1.41M USD 2 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.25M USD 2 Qtrs
Origination of mortgage loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $12.40M USD 2 Qtrs
Origination of mortgage loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $6.51M USD 2 Qtrs
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfLoansHeldForSale $13.02M USD 2 Qtrs
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfLoansHeldForSale $5.91M USD 2 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $2.46M USD 2 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $1.55M USD 2 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $764.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $837.00K USD 1 Quarter
Valuation adjustment on interest rate swaps InterestRateSwapValuationAdjustments - USD 2 Qtrs
Valuation adjustment on interest rate swaps InterestRateSwapValuationAdjustments $64.00K USD 2 Qtrs
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfNotesReceivable $150.00K USD 2 Qtrs
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfNotesReceivable $460.00K USD 2 Qtrs
Loss on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss $-286.00K USD 2 Qtrs
Loss on sale of investment securities, net DebtAndEquitySecuritiesRealizedGainLoss - USD 2 Qtrs
Gain on sale of assets held for sale GainLossOnSaleOfProperties $204.00K USD 2 Qtrs
Gain on sale of assets held for sale GainLossOnSaleOfProperties - USD 2 Qtrs
Other NetChangeInAccruedInterestReceivablePrepaidExpensesAndOtherAssetsAccruedExpensesAndOtherLiabilities $3.37M USD 2 Qtrs
Other NetChangeInAccruedInterestReceivablePrepaidExpensesAndOtherAssetsAccruedExpensesAndOtherLiabilities $1.36M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $47.46M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $33.91M USD 2 Qtrs
Loan originations and purchases, net of payments PaymentsForProceedsFromFinanceReceivables $198.94M USD 2 Qtrs
Loan originations and purchases, net of payments PaymentsForProceedsFromFinanceReceivables $51.20M USD 2 Qtrs
Maturities and repayments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $49.73M USD 2 Qtrs
Maturities and repayments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $86.68M USD 2 Qtrs
Maturities and repayments of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $11.77M USD 2 Qtrs
Maturities and repayments of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $11.67M USD 2 Qtrs
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $14.99M USD 2 Qtrs
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $472.36M USD 2 Qtrs
Purchase of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $244.91M USD 2 Qtrs
Purchase of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities - USD 2 Qtrs
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.19M USD 2 Qtrs
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $5.48M USD 2 Qtrs
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies $105.00K USD 2 Qtrs
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies - USD 2 Qtrs
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $985.00K USD 2 Qtrs
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $44.19M USD 2 Qtrs
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 2 Qtrs
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $22.69M USD 2 Qtrs
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $2.00K USD 2 Qtrs
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $44.73M USD 2 Qtrs
Proceeds from sales of assets held for sale ProceedsfromSaleofAssetsHeldforSale - USD 2 Qtrs
Proceeds from sales of assets held for sale ProceedsfromSaleofAssetsHeldforSale $1.17M USD 2 Qtrs
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.00K USD 2 Qtrs
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 2 Qtrs
Capital contributions to low-income housing tax credit partnerships Changeinlowincometaxhousingtaxcreditpartnership $-978.00K USD 2 Qtrs
Capital contributions to low-income housing tax credit partnerships Changeinlowincometaxhousingtaxcreditpartnership $-419.00K USD 2 Qtrs
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-672.11M USD 2 Qtrs
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-135.19M USD 2 Qtrs
Net decrease in deposits IncreaseDecreaseInDeposits $-329.30M USD 2 Qtrs
Net decrease in deposits IncreaseDecreaseInDeposits $-64.10M USD 2 Qtrs
Proceeds from borrowings IncreaseDecreaseInLoansToFederalHomeLoanBanks $-1.75B USD 2 Qtrs
Proceeds from borrowings IncreaseDecreaseInLoansToFederalHomeLoanBanks $-50.00K USD 2 Qtrs
Repayment of borrowings RepaymentsOfDebt $1.30B USD 2 Qtrs
Repayment of borrowings RepaymentsOfDebt $50.00K USD 2 Qtrs
Common stock cash dividends paid PaymentsOfDividendsCommonStock $15.43M USD 2 Qtrs
Common stock cash dividends paid PaymentsOfDividendsCommonStock $14.75M USD 2 Qtrs
Net decrease in securities sold under agreement to repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-8.38M USD 2 Qtrs
Net decrease in securities sold under agreement to repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-9.01M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $4.38M USD 2 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $3.17M USD 2 Qtrs
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-91.03M USD 2 Qtrs
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $92.51M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-729.24M USD 2 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $4.79M USD 2 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $994.05M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $103.59M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $108.38M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.72B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $994.05M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $103.59M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $108.38M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.72B USD Point-in-time
Cash paid for interest InterestPaidNet $3.19M USD 2 Qtrs
Cash paid for interest InterestPaidNet $17.59M USD 2 Qtrs
Income Taxes Paid, Net IncomeTaxesPaidNet $167.00K USD 2 Qtrs
Income Taxes Paid, Net IncomeTaxesPaidNet $1.38M USD 2 Qtrs
Investment in LIHTC partnership and related funding commitment InvestmentInLowIncomeHousingTaxPartnership $11.28M USD 2 Qtrs
Investment in LIHTC partnership and related funding commitment InvestmentInLowIncomeHousingTaxPartnership $47.00K USD 2 Qtrs
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $2.22M USD 2 Qtrs
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $6.11M USD 2 Qtrs
Transfer of bank owned life insurance to prepaid expenses and other assets due to death benefit accrued TransferOfBankOwnedLifeInsuranceToPrepaidExpensesAndOtherAssets $700.00K USD 2 Qtrs
Transfer of bank owned life insurance to prepaid expenses and other assets due to death benefit accrued TransferOfBankOwnedLifeInsuranceToPrepaidExpensesAndOtherAssets $2.11M USD 2 Qtrs
Transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net TransferOfPremisesAndEquipmentToPrepaidExpensesAndOtherAssetsHeldForSale - USD 2 Qtrs
Transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net TransferOfPremisesAndEquipmentToPrepaidExpensesAndOtherAssetsHeldForSale $730.00K USD 2 Qtrs
Stockholders Equity 42 line items
Line Item Tag Value Unit Period
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.42 USD 2 Qtrs
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
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.22 USD Point-in-time
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 $0.22 USD Point-in-time
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 $0.44 USD 2 Qtrs
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
Cash dividends declared on common stock (in usd per share) CommonStockDividendsPerShareDeclared $0.21 USD 1 Quarter
Beginning balance StockholdersEquity $826.08M USD Point-in-time
Beginning balance StockholdersEquity $821.45M USD Point-in-time
Beginning balance StockholdersEquity $797.89M USD Point-in-time
Beginning balance StockholdersEquity $854.43M USD Point-in-time
Beginning balance StockholdersEquity $805.37M USD Point-in-time
Beginning balance StockholdersEquity $819.73M USD Point-in-time
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $985.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $843.00K USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $1.79M USD 2 Qtrs
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $2.08M USD 2 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $1.75M USD 1 Quarter
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $522.00K USD 1 Quarter
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $3.17M USD 2 Qtrs
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $4.38M USD 2 Qtrs
Net income NetIncomeLoss $38.34M USD 2 Qtrs
Net income NetIncomeLoss $37.30M USD 2 Qtrs
Net income NetIncomeLoss $18.58M USD 1 Quarter
Net income NetIncomeLoss $16.85M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-71.18M USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-27.55M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.40M USD 2 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-14.66M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $15.56M USD 2 Qtrs
Cash dividends declared on common stock DividendsCommonStockCash $7.77M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $14.85M USD 2 Qtrs
Cash dividends declared on common stock DividendsCommonStockCash $7.43M USD 1 Quarter
Ending balance StockholdersEquity $826.08M USD Point-in-time
Ending balance StockholdersEquity $821.45M USD Point-in-time
Ending balance StockholdersEquity $797.89M USD Point-in-time
Ending balance StockholdersEquity $854.43M USD Point-in-time
Ending balance StockholdersEquity $805.37M USD Point-in-time
Ending balance StockholdersEquity $819.73M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $415.00K USD 2 Qtrs
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-7.64M USD 1 Quarter
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-19.75M USD 2 Qtrs
Change in fair value of securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-4.10M USD 1 Quarter
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), Tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-83.00K USD 2 Qtrs
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), Tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-34.00K USD 2 Qtrs
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), Tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-44.00K USD 1 Quarter
OCI, Debt Securities, Available-for-Sale, Transfer to Held-to-Maturity, Adjustment from AOCI for Amortization of Gain (Loss), Tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-18.00K USD 1 Quarter
Reclassification adjustment of net gain from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $63.00K USD 2 Qtrs
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 - USD 2 Qtrs
Reclassification adjustment of net gain from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax - USD 1 Quarter
Net Income NetIncomeLoss $38.34M USD 2 Qtrs
Net Income NetIncomeLoss $37.30M USD 2 Qtrs
Net Income NetIncomeLoss $18.58M USD 1 Quarter
Net Income NetIncomeLoss $16.85M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-71.18M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-27.55M USD 1 Quarter
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.40M USD 2 Qtrs
Other comprehensive (loss) income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-14.66M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-32.84M USD 2 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-8.97M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $2.19M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $39.70M USD 2 Qtrs

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...