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10-Q Filing

HERITAGE FINANCIAL CORP /WA/ CIK: 1046025 Q3 2023
Filing Information
Form Type 10-Q
Accession Number 0001046025-23-000197
Period End Date 20230930
Filing Date 20231109
Fiscal Year 2023
Fiscal Period Q3
XBRL Instance hfwa-20230930_htm.xml
Balance Sheet 88 line items
Line Item Tag Value Unit Period
Investment securities available for sale, amortized cost DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss $1.29B USD Point-in-time
Investment securities available for sale, amortized cost DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss $1.46B USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $74.30M USD Point-in-time
Held to Maturity, Fair Value HeldToMaturitySecuritiesFairValue $636.26M USD Point-in-time
Cash on hand and in banks CashAndDueFromBanks $61.57M USD Point-in-time
Held to Maturity, Fair Value HeldToMaturitySecuritiesFairValue $673.43M USD Point-in-time
Interest earning deposits InterestBearingDepositsInBanks $158.94M 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
Interest earning deposits InterestBearingDepositsInBanks $29.30M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $103.59M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $220.50M USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $1,292,500 and $1,460,033, respectively) DebtSecuritiesAvailableForSaleExcludingAccruedInterest $1.15B USD Point-in-time
Investment securities available for sale, at fair value, net (amortized cost of $1,292,500 and $1,460,033, respectively) DebtSecuritiesAvailableForSaleExcludingAccruedInterest $1.33B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Investment securities held to maturity, at amortized cost, net (fair value of $636,257 and $673,434, respectively) DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss $746.85M USD Point-in-time
Investment securities held to maturity, at amortized cost, net (fair value of $636,257 and $673,434, respectively) DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss $766.40M USD Point-in-time
Total investment securities DebtSecurities $2.10B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 34.90M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 35.11M shares Point-in-time
Total investment securities DebtSecurities $1.89B USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup - USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $263.00K USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 34.90M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 35.11M shares Point-in-time
Loans receivable FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $4.27B USD Point-in-time
Loans receivable FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $4.05B USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $42.99M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $42.09M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $46.41M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $39.70M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $46.95M USD Point-in-time
Allowance for credit losses on loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $42.36M USD Point-in-time
Loans receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $4.01B USD Point-in-time
Loans receivable, net FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $4.22B USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $76.44M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $76.93M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $8.37M USD Point-in-time
Federal Home Loan Bank stock, at cost FederalHomeLoanBankStock $8.92M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $123.64M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $122.06M USD Point-in-time
Accrued interest receivable InterestReceivable $18.55M USD Point-in-time
Accrued interest receivable InterestReceivable $18.79M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $341.95M USD Point-in-time
Prepaid expenses and other assets PrepaidExpenseAndOtherAssets $296.18M USD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet $5.39M USD Point-in-time
Other intangible assets, net FiniteLivedIntangibleAssetsNet $7.23M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Goodwill Goodwill $240.94M USD Point-in-time
Total assets Assets $7.15B USD Point-in-time
Total assets Assets $6.98B USD Point-in-time
Deposits DepositsNotHeldForSale $5.91B USD Point-in-time
Deposits DepositsNotHeldForSale $5.64B USD Point-in-time
Deposits held for sale DepositsHeldForSale - USD Point-in-time
Deposits held for sale DepositsHeldForSale $17.42M USD Point-in-time
Total deposits Deposits $5.64B 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 $21.69M USD Point-in-time
Junior subordinated debentures JuniorSubordinatedNotes $21.47M USD Point-in-time
Securities sold under agreement to repurchase SecuritiesSoldUnderAgreementsToRepurchase $23.16M 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 $207.00M USD Point-in-time
Total liabilities Liabilities $6.18B USD Point-in-time
Total liabilities Liabilities $6.34B 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; 34,901,076 and 35,106,697 shares issued and outstanding, respectively CommonStockValue $552.40M USD Point-in-time
Common stock, no par value, 50,000,000 shares authorized; 34,901,076 and 35,106,697 shares issued and outstanding, respectively CommonStockValue $548.65M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $377.52M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $345.35M USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-112.63M USD Point-in-time
Accumulated other comprehensive loss, net AccumulatedOtherComprehensiveIncomeLossNetOfTax $-99.85M 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 $819.73M USD Point-in-time
Total stockholders equity StockholdersEquity $776.70M USD Point-in-time
Total stockholders equity StockholdersEquity $805.37M USD Point-in-time
Total stockholders equity StockholdersEquity $813.55M USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $7.15B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $6.98B USD Point-in-time
Income Statement 152 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $125.76M USD 3 Qtrs
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $160.19M USD 3 Qtrs
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $43.85M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $56.12M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $44.02M USD 3 Qtrs
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $14.59M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $12.36M USD 1 Quarter
Taxable interest on investment securities InterestIncomeSecuritiesTaxable $25.97M USD 3 Qtrs
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $448.00K USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $2.65M USD 3 Qtrs
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $892.00K USD 1 Quarter
Nontaxable interest on investment securities InterestIncomeSecuritiesTaxExempt $1.55M USD 3 Qtrs
Interest on interest earning deposits InterestIncomeDepositsWithFinancialInstitutions $4.01M USD 1 Quarter
Interest on interest earning deposits InterestIncomeDepositsWithFinancialInstitutions $2.31M USD 1 Quarter
Interest on interest earning deposits InterestIncomeDepositsWithFinancialInstitutions $4.44M USD 3 Qtrs
Interest on interest earning deposits InterestIncomeDepositsWithFinancialInstitutions $7.06M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $61.11M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $161.44M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $73.47M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $210.20M USD 3 Qtrs
Deposits InterestExpenseDeposits $1.48M USD 1 Quarter
Deposits InterestExpenseDeposits $4.32M USD 3 Qtrs
Deposits InterestExpenseDeposits $11.88M USD 1 Quarter
Deposits InterestExpenseDeposits $25.01M USD 3 Qtrs
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $745.00K USD 3 Qtrs
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $540.00K USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $312.00K USD 1 Quarter
Junior subordinated debentures InterestExpenseJuniorSubordinatedDebentures $1.52M USD 3 Qtrs
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $38.00K USD 1 Quarter
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $148.00K USD 3 Qtrs
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $34.00K USD 1 Quarter
Securities sold under agreement to repurchase InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $98.00K USD 3 Qtrs
Borrowings InterestExpenseOtherShortTermBorrowings $5.39M USD 1 Quarter
Borrowings InterestExpenseOtherShortTermBorrowings - USD 1 Quarter
Borrowings InterestExpenseOtherShortTermBorrowings $12.24M USD 3 Qtrs
Borrowings InterestExpenseOtherShortTermBorrowings - USD 3 Qtrs
Total interest expense InterestExpense $1.82M USD 1 Quarter
Total interest expense InterestExpense $17.85M USD 1 Quarter
Total interest expense InterestExpense $5.16M USD 3 Qtrs
Total interest expense InterestExpense $38.92M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $55.62M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $156.28M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $171.28M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $59.29M USD 1 Quarter
(Reversal of) provision for credit losses ProvisionForLoanLossesExpensed $-878.00K USD 1 Quarter
(Reversal of) provision for credit losses ProvisionForLoanLossesExpensed $2.86M USD 3 Qtrs
(Reversal of) provision for credit losses ProvisionForLoanLossesExpensed $-2.84M USD 3 Qtrs
(Reversal of) provision for credit losses ProvisionForLoanLossesExpensed $1.95M USD 1 Quarter
Net interest income after (reversal of) provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $168.43M USD 3 Qtrs
Net interest income after (reversal of) provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $159.11M USD 3 Qtrs
Net interest income after (reversal of) provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $56.50M USD 1 Quarter
Net interest income after (reversal of) provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $57.34M USD 1 Quarter
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss $-2.23M USD 3 Qtrs
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss - USD 3 Qtrs
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss - USD 1 Quarter
Loss on sale of investment securities, net DebtSecuritiesRealizedGainLoss $-1.94M USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $133.00K USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $157.00K USD 1 Quarter
Gain on sale of loans, net GainLossOnSalesOfLoansNet $593.00K USD 3 Qtrs
Gain on sale of loans, net GainLossOnSalesOfLoansNet $307.00K USD 3 Qtrs
Interest rate swap fees DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $62.00K USD 1 Quarter
Interest rate swap fees DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $78.00K USD 1 Quarter
Interest rate swap fees DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $383.00K USD 3 Qtrs
Interest rate swap fees DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet $230.00K USD 3 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $734.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $3.18M USD 3 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $723.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $2.28M USD 3 Qtrs
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $265.00K USD 1 Quarter
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $469.00K USD 3 Qtrs
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets $2.00K USD 3 Qtrs
Gain on sale of other assets, net GainLossOnSaleOfOtherAssets - USD 1 Quarter
Other income NoninterestIncomeOther $2.13M USD 1 Quarter
Other income NoninterestIncomeOther $6.66M USD 3 Qtrs
Other income NoninterestIncomeOther $3.87M USD 3 Qtrs
Other income NoninterestIncomeOther $1.20M USD 1 Quarter
Total noninterest income NoninterestIncome $7.45M USD 1 Quarter
Total noninterest income NoninterestIncome $6.27M USD 1 Quarter
Total noninterest income NoninterestIncome $23.01M USD 3 Qtrs
Total noninterest income NoninterestIncome $21.81M USD 3 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $25.01M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $75.33M USD 3 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $67.24M USD 3 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $24.21M USD 1 Quarter
Occupancy and equipment OccupancyNet $12.92M USD 3 Qtrs
Occupancy and equipment OccupancyNet $4.42M USD 1 Quarter
Occupancy and equipment OccupancyNet $14.37M USD 3 Qtrs
Occupancy and equipment OccupancyNet $4.81M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $12.43M USD 3 Qtrs
Data processing InformationTechnologyAndDataProcessing $4.37M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $13.21M USD 3 Qtrs
Data processing InformationTechnologyAndDataProcessing $4.18M USD 1 Quarter
Marketing MarketingExpense $968.00K USD 3 Qtrs
Marketing MarketingExpense $358.00K USD 1 Quarter
Marketing MarketingExpense $389.00K USD 1 Quarter
Marketing MarketingExpense $1.23M USD 3 Qtrs
Professional services ProfessionalFees $1.96M USD 3 Qtrs
Professional services ProfessionalFees $582.00K USD 1 Quarter
Professional services ProfessionalFees $1.87M USD 3 Qtrs
Professional services ProfessionalFees $639.00K USD 1 Quarter
State/municipal business and use taxes ExciseAndSalesTaxes $963.00K USD 1 Quarter
State/municipal business and use taxes ExciseAndSalesTaxes $1.09M USD 1 Quarter
State/municipal business and use taxes ExciseAndSalesTaxes $3.15M USD 3 Qtrs
State/municipal business and use taxes ExciseAndSalesTaxes $2.63M USD 3 Qtrs
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $818.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $500.00K USD 1 Quarter
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $2.46M USD 3 Qtrs
Federal deposit insurance premium FederalDepositInsuranceCorporationPremiumExpense $1.52M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $595.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $671.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $2.08M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.84M USD 3 Qtrs
Other expense OtherNoninterestExpense $3.20M USD 1 Quarter
Other expense OtherNoninterestExpense $3.31M USD 1 Quarter
Other expense OtherNoninterestExpense $8.92M USD 3 Qtrs
Other expense OtherNoninterestExpense $10.35M USD 3 Qtrs
Total noninterest expense NoninterestExpense $110.57M USD 3 Qtrs
Total noninterest expense NoninterestExpense $40.97M USD 1 Quarter
Total noninterest expense NoninterestExpense $39.15M USD 1 Quarter
Total noninterest expense NoninterestExpense $123.90M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $21.80M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $71.55M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $25.65M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $66.34M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $3.58M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $4.66M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $12.22M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $10.82M USD 3 Qtrs
Net income NetIncomeLoss $20.99M USD 1 Quarter
Net income NetIncomeLoss $59.33M USD 3 Qtrs
Net income NetIncomeLoss $55.52M USD 3 Qtrs
Net income NetIncomeLoss $18.22M USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.52 USD 1 Quarter
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.58 USD 3 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $1.69 USD 3 Qtrs
Basic earnings per share (in dollars per share) EarningsPerShareBasic $0.60 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.51 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $0.59 USD 1 Quarter
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.57 USD 3 Qtrs
Diluted earnings per share (in dollars per share) EarningsPerShareDiluted $1.67 USD 3 Qtrs
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.63 USD 3 Qtrs
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.21 USD 1 Quarter
Dividends declared per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.66 USD 3 Qtrs
Average Number of Basic Common Shares Outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.10M shares 1 Quarter
Average Number of Basic Common Shares Outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.10M shares 3 Qtrs
Average Number of Basic Common Shares Outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.02M shares 1 Quarter
Average Number of Basic Common Shares Outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.06M shares 3 Qtrs
Average number of diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 35.31M shares 3 Qtrs
Average number of diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 35.47M shares 1 Quarter
Average number of diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 35.12M shares 1 Quarter
Average number of diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 35.44M shares 3 Qtrs
Cash Flow Statement 103 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $20.99M USD 1 Quarter
Net income NetIncomeLoss $59.33M USD 3 Qtrs
Net income NetIncomeLoss $55.52M USD 3 Qtrs
Net income NetIncomeLoss $18.22M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $2.37M USD 3 Qtrs
Depreciation, amortization and accretion DepreciationAmortizationAndAccretionNet $-620.00K USD 3 Qtrs
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $-2.84M USD 3 Qtrs
Provision for (reversal of) credit losses ProvisionForLoanLeaseAndOtherLosses $2.86M USD 3 Qtrs
Stock-based compensation expense RestrictedStockExpense $2.80M USD 3 Qtrs
Stock-based compensation expense RestrictedStockExpense $3.20M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $595.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $671.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $2.08M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.84M USD 3 Qtrs
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $13.69M USD 3 Qtrs
Origination of mortgage loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $15.19M USD 3 Qtrs
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $13.73M USD 3 Qtrs
Proceeds from sale of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $17.26M USD 3 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $734.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $3.18M USD 3 Qtrs
Bank owned life insurance income BankOwnedLifeInsuranceIncome $723.00K USD 1 Quarter
Bank owned life insurance income BankOwnedLifeInsuranceIncome $2.28M USD 3 Qtrs
Valuation adjustment on interest rate swaps UnrealizedGainLossOnDerivatives $67.00K USD 3 Qtrs
Valuation adjustment on interest rate swaps UnrealizedGainLossOnDerivatives - USD 3 Qtrs
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfMortgageLoans $307.00K USD 3 Qtrs
Gain on sale of mortgage loans held for sale, net GainLossOnSaleOfMortgageLoans $593.00K USD 3 Qtrs
Loss on sale of investment securities available for sale, net DebtAndEquitySecuritiesRealizedGainLoss - USD 3 Qtrs
Loss on sale of investment securities available for sale, net DebtAndEquitySecuritiesRealizedGainLoss $-2.23M USD 3 Qtrs
Gain on sale of premises and equipment GainLossOnSaleOfPropertyPlantEquipment - USD 3 Qtrs
Gain on sale of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $403.00K USD 3 Qtrs
Gain on sale of branch including related deposits, net DisposalGroupNotDiscontinuedOperationGainLossOnDisposal $610.00K USD 3 Qtrs
Gain on sale of branch including related deposits, net DisposalGroupNotDiscontinuedOperationGainLossOnDisposal - USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $-13.70M USD 3 Qtrs
Other IncreaseDecreaseInOtherOperatingCapitalNet $-3.87M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $78.56M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $62.44M USD 3 Qtrs
Loan originations and purchases, net of payments PaymentsForProceedsFromLoansAndLeases $176.70M USD 3 Qtrs
Loan originations and purchases, net of payments PaymentsForProceedsFromLoansAndLeases $212.22M USD 3 Qtrs
Maturities and repayments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $135.08M USD 3 Qtrs
Maturities and repayments of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $132.85M USD 3 Qtrs
Maturities and repayments of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $18.88M USD 3 Qtrs
Maturities and repayments of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $21.62M USD 3 Qtrs
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $37.72M USD 3 Qtrs
Purchase of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $742.80M USD 3 Qtrs
Purchase of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $412.83M USD 3 Qtrs
Purchase of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities - USD 3 Qtrs
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.29M USD 3 Qtrs
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.25M USD 3 Qtrs
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies $105.00K USD 3 Qtrs
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies - USD 3 Qtrs
Proceeds from bank owned life insurance death benefit ProceedsFromLifeInsurancePolicies - USD 3 Qtrs
Proceeds from bank owned life insurance death benefit ProceedsFromLifeInsurancePolicies $2.11M USD 3 Qtrs
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $985.00K USD 3 Qtrs
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $45.59M USD 3 Qtrs
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 3 Qtrs
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $67.90M USD 3 Qtrs
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $46.13M USD 3 Qtrs
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $2.00K USD 3 Qtrs
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.21M USD 3 Qtrs
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $2.00K USD 3 Qtrs
Capital contributions to low-income housing tax credit partnerships CapitalContributionsToLowIncomeTaxHousingTaxCreditPartnership $32.52M USD 3 Qtrs
Capital contributions to low-income housing tax credit partnerships CapitalContributionsToLowIncomeTaxHousingTaxCreditPartnership $9.24M USD 3 Qtrs
Net cash paid related to branch divestiture NetCashPaidRelatedToBranchDivestiture - USD 3 Qtrs
Net cash paid related to branch divestiture NetCashPaidRelatedToBranchDivestiture $13.83M USD 3 Qtrs
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-1.19B USD 3 Qtrs
Net cash used by investing activities NetCashProvidedByUsedInInvestingActivities $-83.13M USD 3 Qtrs
Net decrease in deposits IncreaseDecreaseInDeposits $-274.99M USD 3 Qtrs
Net decrease in deposits IncreaseDecreaseInDeposits $-156.56M USD 3 Qtrs
Proceeds from borrowings ProceedsFromShortTermDebt $50.00K USD 3 Qtrs
Proceeds from borrowings ProceedsFromShortTermDebt $1.79B USD 3 Qtrs
Repayment of borrowings RepaymentsOfShortTermDebt $50.00K USD 3 Qtrs
Repayment of borrowings RepaymentsOfShortTermDebt $1.34B USD 3 Qtrs
Common stock cash dividends paid PaymentsOfDividendsCommonStock $22.12M USD 3 Qtrs
Common stock cash dividends paid PaymentsOfDividendsCommonStock $23.14M USD 3 Qtrs
Net decrease in securities sold under agreement to repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-23.44M USD 3 Qtrs
Net decrease in securities sold under agreement to repurchase ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase $-10.39M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $6.95M USD 3 Qtrs
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $3.18M USD 3 Qtrs
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $-192.24M USD 3 Qtrs
Net cash provided (used) by financing activities NetCashProvidedByUsedInFinancingActivities $121.48M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.32B USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $116.91M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $407.32M 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 $220.50M 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 $407.32M 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 $220.50M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.72B USD Point-in-time
Cash paid for interest InterestPaidNet $4.94M USD 3 Qtrs
Cash paid for interest InterestPaidNet $29.92M USD 3 Qtrs
Cash paid for income taxes, net of refunds IncomeTaxesPaidNet $1.63M USD 3 Qtrs
Cash paid for income taxes, net of refunds IncomeTaxesPaidNet $1.99M USD 3 Qtrs
Investment in LIHTC partnership and related funding commitment InvestmentInLowIncomeHousingTaxPartnership $37.04M USD 3 Qtrs
Investment in LIHTC partnership and related funding commitment InvestmentInLowIncomeHousingTaxPartnership $10.73M USD 3 Qtrs
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $2.87M USD 3 Qtrs
Right of use assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $6.66M USD 3 Qtrs
Transfer of bank owned life insurance to prepaid expenses and other assets due to death benefit accrued TransferOfBankOwnedLifeInsuranceToPrepaidExpensesAndOtherAssets $700.00K USD 3 Qtrs
Transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net TransferOfPremisesAndEquipmentToPrepaidExpensesAndOtherAssetsHeldForSale $910.00K USD 3 Qtrs
Transfers of premises and equipment classified as held for sale to prepaid expenses and other assets from premises and equipment, net TransferOfPremisesAndEquipmentToPrepaidExpensesAndOtherAssetsHeldForSale $5.07M USD 3 Qtrs
Transfer of deposits to deposits held for sale TransferOfDepositsToDepositsHeldForSale - USD 3 Qtrs
Transfer of deposits to deposits held for sale TransferOfDepositsToDepositsHeldForSale $22.77M USD 3 Qtrs
Stockholders Equity 44 line items
Line Item Tag Value Unit Period
Cash Dividend per Share CommonStockDividendsPerShareDeclared $0.22 USD 1 Quarter
Cash Dividend per Share CommonStockDividendsPerShareDeclared $0.63 USD 3 Qtrs
Cash Dividend per Share CommonStockDividendsPerShareDeclared $0.21 USD 1 Quarter
Cash Dividend per Share CommonStockDividendsPerShareDeclared $0.66 USD 3 Qtrs
Beginning balance (in shares) CommonStockSharesOutstanding 34.90M shares Point-in-time
Beginning balance (in shares) CommonStockSharesOutstanding 35.11M shares Point-in-time
Beginning balance StockholdersEquity $797.89M USD Point-in-time
Beginning balance StockholdersEquity $854.43M USD Point-in-time
Beginning balance StockholdersEquity $819.73M USD Point-in-time
Beginning balance StockholdersEquity $776.70M USD Point-in-time
Beginning balance StockholdersEquity $805.37M USD Point-in-time
Beginning balance StockholdersEquity $813.55M USD Point-in-time
Restricted stock units vested StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 3 Qtrs
Restricted stock units vested StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Restricted stock units vested StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Restricted stock units vested StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 3 Qtrs
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $3.20M USD 3 Qtrs
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $1.00M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $1.12M USD 1 Quarter
Stock-based compensation expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $2.80M USD 3 Qtrs
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $2.00K USD 1 Quarter
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $6.95M USD 3 Qtrs
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $3.18M USD 3 Qtrs
Common stock repurchased StockRepurchasedAndRetiredDuringPeriodValue $2.57M USD 1 Quarter
Net income NetIncomeLoss $20.99M USD 1 Quarter
Net income NetIncomeLoss $59.33M USD 3 Qtrs
Net income NetIncomeLoss $55.52M USD 3 Qtrs
Net income NetIncomeLoss $18.22M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-12.78M USD 3 Qtrs
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-15.17M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-43.22M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-114.40M USD 3 Qtrs
Cash dividends declared on common stock DividendsCommonStockCash $23.35M USD 3 Qtrs
Cash dividends declared on common stock DividendsCommonStockCash $7.78M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $7.44M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $22.29M USD 3 Qtrs
Ending balance (in shares) CommonStockSharesOutstanding 34.90M shares Point-in-time
Ending balance (in shares) CommonStockSharesOutstanding 35.11M shares Point-in-time
Ending balance StockholdersEquity $797.89M USD Point-in-time
Ending balance StockholdersEquity $854.43M USD Point-in-time
Ending balance StockholdersEquity $819.73M USD Point-in-time
Ending balance StockholdersEquity $776.70M USD Point-in-time
Ending balance StockholdersEquity $805.37M USD Point-in-time
Ending balance StockholdersEquity $813.55M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Change in fair value of investment securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-12.03M USD 1 Quarter
Change in fair value of investment securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-4.67M USD 1 Quarter
Change in fair value of investment securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-4.26M USD 3 Qtrs
Change in fair value of investment securities available for sale, tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-31.78M USD 3 Qtrs
Amortization of net unrealized gain for the reclassification of investment securities available for sale to held to maturity, tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-51.00K USD 3 Qtrs
Amortization of net unrealized gain for the reclassification of investment securities available for sale to held to maturity, tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-17.00K USD 1 Quarter
Amortization of net unrealized gain for the reclassification of investment securities available for sale to held to maturity, tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-20.00K USD 1 Quarter
Amortization of net unrealized gain for the reclassification of investment securities available for sale to held to maturity, tax OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossTax $-103.00K USD 3 Qtrs
Reclassification adjustment of net loss (gain) from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax - USD 1 Quarter
Reclassification adjustment of net loss (gain) from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax - USD 3 Qtrs
Reclassification adjustment of net loss (gain) from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $426.00K USD 1 Quarter
Reclassification adjustment of net loss (gain) from sale of investment securities included in income, tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $489.00K USD 3 Qtrs
Net Income NetIncomeLoss $20.99M USD 1 Quarter
Net Income NetIncomeLoss $59.33M USD 3 Qtrs
Net Income NetIncomeLoss $55.52M USD 3 Qtrs
Net Income NetIncomeLoss $18.22M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-12.78M USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-15.17M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-43.22M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-114.40M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-55.07M USD 3 Qtrs
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-22.23M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $3.05M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $42.74M USD 3 Qtrs

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

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