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10-Q Filing

BEACON FINANCIAL CORP CIK: 1108134 Q3 2018
Filing Information
Form Type 10-Q
Accession Number 0001108134-18-000019
Period End Date 20180930
Filing Date 20181109
Fiscal Year 2018
Fiscal Period Q3
XBRL Instance bhlb-20180930.xml
Balance Sheet 104 line items
Line Item Tag Value Unit Period
Cash and due from banks CashAndDueFromBanks $93.04M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $91.12M USD Point-in-time
Short-term investments CashEquivalentsAtCarryingValue $42.70M USD Point-in-time
Short-term investments CashEquivalentsAtCarryingValue $157.64M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $248.76M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $135.73M USD Point-in-time
Trading security, at fair value TradingSecuritiesDebt $12.28M USD Point-in-time
Trading security, at fair value TradingSecuritiesDebt $11.18M USD Point-in-time
Marketable equity securities, at fair value MarketableSecurities $45.19M USD Point-in-time
Securities held to maturity, fair value HeldToMaturitySecuritiesFairValue $405.28M USD Point-in-time
Securities held to maturity, fair value HeldToMaturitySecuritiesFairValue $371.77M USD Point-in-time
Marketable equity securities, at fair value MarketableSecurities $59.73M USD Point-in-time
Securities available for sale, at fair value AvailableForSaleSecurities $1.39B USD Point-in-time
Securities available for sale, at fair value AvailableForSaleSecurities $1.38B USD Point-in-time
Securities held to maturity (fair values of $371,775 and $405,276) HeldToMaturitySecurities $397.10M USD Point-in-time
Securities held to maturity (fair values of $371,775 and $405,276) HeldToMaturitySecurities $379.40M USD Point-in-time
Federal Home Loan Bank stock and other restricted securities FederalHomeLoanBankStockAndOtherRestrictedSecuritiesAtCost $76.18M USD Point-in-time
Federal Home Loan Bank stock and other restricted securities FederalHomeLoanBankStockAndOtherRestrictedSecuritiesAtCost $63.09M USD Point-in-time
Total securities Investments $1.90B USD Point-in-time
Total securities Investments $1.92B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Loans held for sale, at fair value LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation $153.62M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Loans held for sale, at fair value LoansReceivableHeldForSaleNetNotPartOfDisposalGroupOrDiscontinuedOperation $91.64M USD Point-in-time
Commercial real estate loans LoansReceivableCommercialRealEstate $3.37B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Commercial real estate loans LoansReceivableCommercialRealEstate $3.26B USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 50.00M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 46.21M shares Point-in-time
Commercial and industrial loans LoansReceivableCommercialAndIndustrial $1.80B USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 46.21M shares Point-in-time
Commercial and industrial loans LoansReceivableCommercialAndIndustrial $1.90B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 45.29M shares Point-in-time
Residential mortgages LoansAndLeasesReceivableConsumerMortgage $2.10B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 45.42M shares Point-in-time
Residential mortgages LoansAndLeasesReceivableConsumerMortgage $2.51B USD Point-in-time
Consumer loans LoansAndLeasesReceivableConsumerRealEstate $1.13B USD Point-in-time
Consumer loans LoansAndLeasesReceivableConsumerRealEstate $1.12B USD Point-in-time
Treasury stock (in shares) TreasuryStockShares 921,461.00 shares Point-in-time
Treasury stock (in shares) TreasuryStockShares 791,416.00 shares Point-in-time
Total loans LoansAndLeasesReceivableNetOfDeferredIncome $8.90B USD Point-in-time
Total loans LoansAndLeasesReceivableNetOfDeferredIncome $8.30B USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $58.46M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $51.83M USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $8.25B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $8.85B USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $109.35M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $111.13M USD Point-in-time
Goodwill Goodwill $518.33M USD Point-in-time
Goodwill Goodwill $519.29M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $34.62M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $38.30M USD Point-in-time
Cash surrender value of bank-owned life insurance policies BankOwnedLifeInsurance $191.22M USD Point-in-time
Cash surrender value of bank-owned life insurance policies BankOwnedLifeInsurance $194.37M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsLiabilitiesNet $47.06M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsLiabilitiesNet $56.71M USD Point-in-time
Other assets OtherAssets $123.60M USD Point-in-time
Other assets OtherAssets $117.08M USD Point-in-time
Total assets Assets $11.57B USD Point-in-time
Total assets Assets $12.03B USD Point-in-time
Demand deposits DemandDepositAccounts $1.61B USD Point-in-time
Demand deposits DemandDepositAccounts $1.56B USD Point-in-time
NOW and other deposits DepositsNegotiableOrderOfWithdrawalNOW $734.56M USD Point-in-time
NOW and other deposits DepositsNegotiableOrderOfWithdrawalNOW $844.21M USD Point-in-time
Money market deposits DepositsMoneyMarketDeposits $2.45B USD Point-in-time
Money market deposits DepositsMoneyMarketDeposits $2.78B USD Point-in-time
Savings deposits DepositsSavingsDeposits $737.68M USD Point-in-time
Savings deposits DepositsSavingsDeposits $741.95M USD Point-in-time
Time deposits TimeDeposits $2.89B USD Point-in-time
Time deposits TimeDeposits $3.17B USD Point-in-time
Total deposits Deposits $8.75B USD Point-in-time
Total deposits Deposits $8.77B USD Point-in-time
Short-term debt ShortTermBorrowings $1.19B USD Point-in-time
Short-term debt ShortTermBorrowings $667.30M USD Point-in-time
Long-term Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $380.44M USD Point-in-time
Long-term Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $262.71M USD Point-in-time
Subordinated borrowings JuniorSubordinatedNotes $89.47M USD Point-in-time
Subordinated borrowings JuniorSubordinatedNotes $89.34M USD Point-in-time
Total borrowings DebtAndCapitalLeaseObligations $1.14B USD Point-in-time
Total borrowings DebtAndCapitalLeaseObligations $1.54B USD Point-in-time
Other liabilities OtherLiabilities $187.88M USD Point-in-time
Other liabilities OtherLiabilities $191.52M USD Point-in-time
Total liabilities Liabilities $10.07B USD Point-in-time
Total liabilities Liabilities $10.50B USD Point-in-time
Preferred Stock (Series B non-voting convertible preferred stock - $0.01 par value; 2,000,000 shares authorized, 521,607 shares issued and outstanding in 2018; 1,000,000 shares authorized, 521,607 shares issued and outstanding in 2017 PreferredStockValue $40.63M USD Point-in-time
Preferred Stock (Series B non-voting convertible preferred stock - $0.01 par value; 2,000,000 shares authorized, 521,607 shares issued and outstanding in 2018; 1,000,000 shares authorized, 521,607 shares issued and outstanding in 2017 PreferredStockValue $40.63M USD Point-in-time
Common stock ($.01 par value; 100,000,000 shares authorized and 46,211,894 shares issued and 45,420,478 shares outstanding in 2018; 50,000,000 shares authorized, 46,211,894 shares issued and 45,290,433 shares outstanding in 2017) CommonStockValue $460.00K USD Point-in-time
Common stock ($.01 par value; 100,000,000 shares authorized and 46,211,894 shares issued and 45,420,478 shares outstanding in 2018; 50,000,000 shares authorized, 46,211,894 shares issued and 45,290,433 shares outstanding in 2017) CommonStockValue $460.00K USD Point-in-time
Additional paid-in capital - common stock AdditionalPaidInCapitalCommonStock $1.24B USD Point-in-time
Additional paid-in capital - common stock AdditionalPaidInCapitalCommonStock $1.24B USD Point-in-time
Unearned compensation DeferredCompensationEquity $6.53M USD Point-in-time
Unearned compensation DeferredCompensationEquity $8.66M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $239.18M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $305.26M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $4.16M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-28.65M USD Point-in-time
Treasury stock, at cost (791,416 shares in 2018 and 921,461 shares in 2017) TreasuryStockValue $24.12M USD Point-in-time
Treasury stock, at cost (791,416 shares in 2018 and 921,461 shares in 2017) TreasuryStockValue $21.48M USD Point-in-time
Total shareholders equity StockholdersEquity $1.53B USD Point-in-time
Total shareholders equity StockholdersEquity $1.09B USD Point-in-time
Total shareholders equity StockholdersEquity $1.28B USD Point-in-time
Total shareholders equity StockholdersEquity $1.50B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $11.57B USD Point-in-time
Total liabilities and shareholders equity LiabilitiesAndStockholdersEquity $12.03B USD Point-in-time
Income Statement 136 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeases $298.76M USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeases $216.95M USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeases $104.27M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $76.02M USD 1 Quarter
Securities and other InterestAndDividendIncomeSecurities $14.92M USD 1 Quarter
Securities and other InterestAndDividendIncomeSecurities $13.04M USD 1 Quarter
Securities and other InterestAndDividendIncomeSecurities $44.55M USD 3 Qtrs
Securities and other InterestAndDividendIncomeSecurities $37.48M USD 3 Qtrs
Total interest and dividend income InterestAndDividendIncomeOperating $254.44M USD 3 Qtrs
Total interest and dividend income InterestAndDividendIncomeOperating $119.19M USD 1 Quarter
Total interest and dividend income InterestAndDividendIncomeOperating $343.31M USD 3 Qtrs
Total interest and dividend income InterestAndDividendIncomeOperating $89.06M USD 1 Quarter
Deposits InterestExpenseDeposits $10.98M USD 1 Quarter
Deposits InterestExpenseDeposits $30.05M USD 3 Qtrs
Deposits InterestExpenseDeposits $54.55M USD 3 Qtrs
Deposits InterestExpenseDeposits $21.46M USD 1 Quarter
Borrowings InterestExpenseBorrowings $15.95M USD 3 Qtrs
Borrowings InterestExpenseBorrowings $6.08M USD 1 Quarter
Borrowings InterestExpenseBorrowings $8.39M USD 1 Quarter
Borrowings InterestExpenseBorrowings $22.82M USD 3 Qtrs
Total interest expense InterestExpense $46.01M USD 3 Qtrs
Total interest expense InterestExpense $29.85M USD 1 Quarter
Total interest expense InterestExpense $77.38M USD 3 Qtrs
Total interest expense InterestExpense $17.06M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $89.34M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $265.93M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $72.00M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $208.43M USD 3 Qtrs
Other, net NoninterestIncomeOther $1.89M USD 3 Qtrs
Other, net NoninterestIncomeOther $468.00K USD 1 Quarter
Other, net NoninterestIncomeOther $-2.25M USD 1 Quarter
Other, net NoninterestIncomeOther $-2.44M USD 3 Qtrs
Gain/(loss) on securities, net DebtAndEquitySecuritiesGainLoss $-696.00K USD 3 Qtrs
Gain/(loss) on securities, net DebtAndEquitySecuritiesGainLoss $-1.00K USD 1 Quarter
Gain/(loss) on securities, net DebtAndEquitySecuritiesGainLoss $12.57M USD 3 Qtrs
Gain/(loss) on securities, net DebtAndEquitySecuritiesGainLoss $88.00K USD 1 Quarter
Gain on sale of business operations and other assets, net GainLossOnSaleOfBusiness $296.00K USD 1 Quarter
Gain on sale of business operations and other assets, net GainLossOnSaleOfBusiness - USD 1 Quarter
Gain on sale of business operations and other assets, net GainLossOnSaleOfBusiness $296.00K USD 3 Qtrs
Gain on sale of business operations and other assets, net GainLossOnSaleOfBusiness $460.00K USD 3 Qtrs
Loss on termination of hedges GainLossOnTerminationOfDerivativeInstrumentsDesignatedAsHedgingInstruments - USD 1 Quarter
Loss on termination of hedges GainLossOnTerminationOfDerivativeInstrumentsDesignatedAsHedgingInstruments - USD 1 Quarter
Loss on termination of hedges GainLossOnTerminationOfDerivativeInstrumentsDesignatedAsHedgingInstruments - USD 3 Qtrs
Loss on termination of hedges GainLossOnTerminationOfDerivativeInstrumentsDesignatedAsHedgingInstruments $-6.63M USD 3 Qtrs
Total non-interest income NoninterestIncome $28.84M USD 1 Quarter
Total non-interest income NoninterestIncome $29.28M USD 1 Quarter
Total non-interest income NoninterestIncome $88.83M USD 3 Qtrs
Total non-interest income NoninterestIncome $96.39M USD 3 Qtrs
Total net revenue Revenues $118.62M USD 1 Quarter
Total net revenue Revenues $304.82M USD 3 Qtrs
Total net revenue Revenues $100.83M USD 1 Quarter
Total net revenue Revenues $354.76M USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $14.88M USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $4.90M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $6.63M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $18.73M USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $37.64M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $110.76M USD 3 Qtrs
Compensation and benefits LaborAndRelatedExpense $39.92M USD 1 Quarter
Compensation and benefits LaborAndRelatedExpense $123.24M USD 3 Qtrs
Occupancy and equipment OccupancyAndEquipment $8.27M USD 1 Quarter
Occupancy and equipment OccupancyAndEquipment $25.97M USD 3 Qtrs
Occupancy and equipment OccupancyAndEquipment $10.14M USD 1 Quarter
Occupancy and equipment OccupancyAndEquipment $30.46M USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $6.64M USD 1 Quarter
Technology and communications CommunicationsAndInformationTechnology $22.14M USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $19.61M USD 3 Qtrs
Technology and communications CommunicationsAndInformationTechnology $7.95M USD 1 Quarter
Marketing and promotion MarketingExpense $7.30M USD 3 Qtrs
Marketing and promotion MarketingExpense $2.13M USD 1 Quarter
Marketing and promotion MarketingExpense $1.48M USD 1 Quarter
Marketing and promotion MarketingExpense $6.46M USD 3 Qtrs
Professional services ProfessionalFees $6.89M USD 3 Qtrs
Professional services ProfessionalFees $5.06M USD 3 Qtrs
Professional services ProfessionalFees $1.87M USD 1 Quarter
Professional services ProfessionalFees $2.25M USD 1 Quarter
FDIC premiums and assessments FederalDepositInsuranceCorporationPremiumExpense $4.25M USD 3 Qtrs
FDIC premiums and assessments FederalDepositInsuranceCorporationPremiumExpense $4.54M USD 3 Qtrs
FDIC premiums and assessments FederalDepositInsuranceCorporationPremiumExpense $1.64M USD 1 Quarter
FDIC premiums and assessments FederalDepositInsuranceCorporationPremiumExpense $1.65M USD 1 Quarter
Other real estate owned and foreclosures OtherRealEstateOwned $35.00K USD 3 Qtrs
Other real estate owned and foreclosures OtherRealEstateOwned $67.00K USD 3 Qtrs
Other real estate owned and foreclosures OtherRealEstateOwned $-1.00K USD 1 Quarter
Other real estate owned and foreclosures OtherRealEstateOwned $-23.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $3.73M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $739.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $2.31M USD 3 Qtrs
Amortization of intangible assets AmortizationOfIntangibleAssets $1.22M USD 1 Quarter
Acquisition, restructuring, and other expenses OtherNonrecurringExpense $16.00M USD 3 Qtrs
Acquisition, restructuring, and other expenses OtherNonrecurringExpense $6.14M USD 3 Qtrs
Acquisition, restructuring, and other expenses OtherNonrecurringExpense $1.42M USD 1 Quarter
Acquisition, restructuring, and other expenses OtherNonrecurringExpense $198.00K USD 1 Quarter
Other OtherNoninterestExpense $16.25M USD 3 Qtrs
Other OtherNoninterestExpense $18.64M USD 3 Qtrs
Other OtherNoninterestExpense $5.10M USD 1 Quarter
Other OtherNoninterestExpense $6.55M USD 1 Quarter
Total non-interest expense NoninterestExpense $220.18M USD 3 Qtrs
Total non-interest expense NoninterestExpense $70.98M USD 1 Quarter
Total non-interest expense NoninterestExpense $65.82M USD 1 Quarter
Total non-interest expense NoninterestExpense $209.67M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $41.02M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $115.84M USD 3 Qtrs
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $30.11M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $80.27M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $7.21M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $24.34M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $22.21M USD 3 Qtrs
Income tax expense IncomeTaxExpenseBenefit $8.79M USD 1 Quarter
Net income NetIncomeLoss $91.51M USD 3 Qtrs
Net income NetIncomeLoss $22.90M USD 1 Quarter
Net income NetIncomeLoss $32.23M USD 1 Quarter
Net income NetIncomeLoss $58.06M USD 3 Qtrs
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact - USD 3 Qtrs
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $689.00K USD 3 Qtrs
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $230.00K USD 1 Quarter
Income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $22.90M USD 1 Quarter
Income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $58.06M USD 3 Qtrs
Income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $32.00M USD 1 Quarter
Income available to common shareholders NetIncomeLossAvailableToCommonStockholdersBasic $90.82M USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.57 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.55 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $1.99 USD 3 Qtrs
Basic (in dollars per share) EarningsPerShareBasic $0.70 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.54 USD 3 Qtrs
Diluted (in dollars per share) EarningsPerShareDiluted $0.57 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.70 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.98 USD 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 46.03M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 39.98M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 46.01M shares 3 Qtrs
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 37.55M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 46.23M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 40.15M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 37.71M shares 3 Qtrs
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 46.26M shares 1 Quarter
Cash Flow Statement 118 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $91.51M USD 3 Qtrs
Net income NetIncomeLoss $22.90M USD 1 Quarter
Net income NetIncomeLoss $32.23M USD 1 Quarter
Net income NetIncomeLoss $58.06M USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $14.88M USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $4.90M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $6.63M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $18.73M USD 3 Qtrs
Net amortization of securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-2.10M USD 3 Qtrs
Net amortization of securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-2.17M USD 3 Qtrs
Change in unamortized net loan costs and premiums ChangeInUnamortizedNetLoanCostsAndPremiums $-1.39M USD 3 Qtrs
Change in unamortized net loan costs and premiums ChangeInUnamortizedNetLoanCostsAndPremiums $1.96M USD 3 Qtrs
Premises and equipment depreciation and amortization expense DepreciationAndAmortization $7.45M USD 3 Qtrs
Premises and equipment depreciation and amortization expense DepreciationAndAmortization $8.05M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $3.87M USD 3 Qtrs
Stock-based compensation expense ShareBasedCompensation $4.28M USD 3 Qtrs
Accretion of purchase accounting entries, net AdjustmentForAmortization $-15.73M USD 3 Qtrs
Accretion of purchase accounting entries, net AdjustmentForAmortization $-11.84M USD 3 Qtrs
Amortization of other intangibles AmortizationOfIntangibleAssets $3.73M USD 3 Qtrs
Amortization of other intangibles AmortizationOfIntangibleAssets $739.00K USD 1 Quarter
Amortization of other intangibles AmortizationOfIntangibleAssets $2.31M USD 3 Qtrs
Amortization of other intangibles AmortizationOfIntangibleAssets $1.22M USD 1 Quarter
Write down of other real estate owned ImpairmentOfRealEstate $10.00K USD 3 Qtrs
Write down of other real estate owned ImpairmentOfRealEstate - USD 3 Qtrs
Income from cash surrender value of bank-owned life insurance policies BankOwnedLifeInsuranceIncome $2.34M USD 3 Qtrs
Income from cash surrender value of bank-owned life insurance policies BankOwnedLifeInsuranceIncome $3.61M USD 3 Qtrs
Securities losses (gains), net MarketableSecuritiesRealizedGainLoss $-696.00K USD 3 Qtrs
Securities losses (gains), net MarketableSecuritiesRealizedGainLoss $12.57M USD 3 Qtrs
Originations of loans held for sale IncreaseDecreaseInLoansHeldForSale $1.60B USD 3 Qtrs
Originations of loans held for sale IncreaseDecreaseInLoansHeldForSale $1.77B USD 3 Qtrs
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $1.79B USD 3 Qtrs
Proceeds from sale of loans held for sale ProceedsFromSaleOfLoansHeldForSale $1.70B USD 3 Qtrs
Net gain on sale of loans and other mortgage banking income GainLossInChangeOfFairValueOfLoansHeldForSale $29.31M USD 3 Qtrs
Net gain on sale of loans and other mortgage banking income GainLossInChangeOfFairValueOfLoansHeldForSale $42.33M USD 3 Qtrs
Loss on disposition of assets GainLossOnDispositionOfAssets $-912.00K USD 3 Qtrs
Loss on disposition of assets GainLossOnDispositionOfAssets - USD 3 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfOtherRealEstate $54.00K USD 3 Qtrs
Gain on sale of real estate GainsLossesOnSalesOfOtherRealEstate - USD 3 Qtrs
Amortization of interest in tax-advantaged projects AmortizationOfTaxCredits $3.21M USD 3 Qtrs
Amortization of interest in tax-advantaged projects AmortizationOfTaxCredits $6.13M USD 3 Qtrs
Net change in other OtherNoncashIncomeExpense $-8.64M USD 3 Qtrs
Net change in other OtherNoncashIncomeExpense $-3.60M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $181.69M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $50.83M USD 3 Qtrs
Net decrease in trading security IncreaseDecreaseInTradingSecurities $-468.00K USD 3 Qtrs
Net decrease in trading security IncreaseDecreaseInTradingSecurities $-495.00K USD 3 Qtrs
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $499.00K USD 3 Qtrs
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $44.45M USD 3 Qtrs
Proceeds from maturities, calls, and prepayments of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $142.31M USD 3 Qtrs
Proceeds from maturities, calls, and prepayments of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $139.43M USD 3 Qtrs
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $223.34M USD 3 Qtrs
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $329.38M USD 3 Qtrs
Proceeds from sales of marketable equity securities ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $32.14M USD 3 Qtrs
Proceeds from sales of marketable equity securities ProceedsFromSaleOfAvailableForSaleSecuritiesEquity $44.99M USD 3 Qtrs
Purchases of marketable equity securities PaymentsToAcquireAvailableForSaleSecuritiesEquity $18.65M USD 3 Qtrs
Purchases of marketable equity securities PaymentsToAcquireAvailableForSaleSecuritiesEquity $20.62M USD 3 Qtrs
Proceeds from maturities, calls, and prepayments of securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $8.09M USD 3 Qtrs
Proceeds from maturities, calls, and prepayments of securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $29.07M USD 3 Qtrs
Purchases of securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $70.15M USD 3 Qtrs
Purchases of securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $12.87M USD 3 Qtrs
Net change in loans PaymentsForProceedsFromLoansAndLeases $330.87M USD 3 Qtrs
Net change in loans PaymentsForProceedsFromLoansAndLeases $609.64M USD 3 Qtrs
Purchases of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies - USD 3 Qtrs
Purchases of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies $20.00M USD 3 Qtrs
Proceeds from surrender of bank-owned life insurance ProceedsFromLifeInsurancePolicies $310.00K USD 3 Qtrs
Proceeds from surrender of bank-owned life insurance ProceedsFromLifeInsurancePolicies $459.00K USD 3 Qtrs
Proceeds from sale of Federal Home Loan Bank stock ProceedsFromSaleOfFederalReserveStock $72.64M USD 3 Qtrs
Proceeds from sale of Federal Home Loan Bank stock ProceedsFromSaleOfFederalReserveStock $49.79M USD 3 Qtrs
Purchase of Federal Home Loan Bank stock PaymentsToAcquireFederalReserveStock $62.89M USD 3 Qtrs
Purchase of Federal Home Loan Bank stock PaymentsToAcquireFederalReserveStock $76.65M USD 3 Qtrs
Net investment in limited partnership tax credits PaymentsForProceedsFromOtherInvestingActivities $4.74M USD 3 Qtrs
Net investment in limited partnership tax credits PaymentsForProceedsFromOtherInvestingActivities $3.81M USD 3 Qtrs
Purchase of premises and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $9.74M USD 3 Qtrs
Purchase of premises and equipment, net PaymentsToAcquirePropertyPlantAndEquipment $9.65M USD 3 Qtrs
Payment to terminate cash flow hedges PaymentsForProceedsFromDerivativeInstrumentInvestingActivities $-6.57M USD 3 Qtrs
Payment to terminate cash flow hedges PaymentsForProceedsFromDerivativeInstrumentInvestingActivities - USD 3 Qtrs
Proceeds from sale of other real estate ProceedsFromSaleOfOtherRealEstate $1.60M USD 3 Qtrs
Proceeds from sale of other real estate ProceedsFromSaleOfOtherRealEstate $352.00K USD 3 Qtrs
Net cash (used) by investing activities NetCashProvidedByUsedInInvestingActivities $-544.84M USD 3 Qtrs
Net cash (used) by investing activities NetCashProvidedByUsedInInvestingActivities $-684.48M USD 3 Qtrs
Net increase in deposits IncreaseDecreaseInDeposits $17.42M USD 3 Qtrs
Net increase in deposits IncreaseDecreaseInDeposits $170.38M USD 3 Qtrs
Proceeds from Federal Home Loan Bank advances and other borrowings ProceedsFromIssuanceOfLongTermDebt $5.29B USD 3 Qtrs
Proceeds from Federal Home Loan Bank advances and other borrowings ProceedsFromIssuanceOfLongTermDebt $3.67B USD 3 Qtrs
Repayments of Federal Home Loan Bank advances and other borrowings RepaymentsOfLongTermDebt $5.12B USD 3 Qtrs
Repayments of Federal Home Loan Bank advances and other borrowings RepaymentsOfLongTermDebt $3.27B USD 3 Qtrs
Exercise of stock options ProceedsFromStockOptionsExercised $161.00K USD 3 Qtrs
Exercise of stock options ProceedsFromStockOptionsExercised $102.00K USD 3 Qtrs
Common and preferred stock cash dividends paid PaymentsOfDividendsCommonStock $30.66M USD 3 Qtrs
Common and preferred stock cash dividends paid PaymentsOfDividendsCommonStock $23.52M USD 3 Qtrs
Common stock issued, net ProceedsFromIssuanceOfCommonStock $152.93M USD 3 Qtrs
Common stock issued, net ProceedsFromIssuanceOfCommonStock - USD 3 Qtrs
Acquisition contingent consideration paid PaymentForContingentConsiderationLiabilityFinancingActivities - USD 3 Qtrs
Acquisition contingent consideration paid PaymentForContingentConsiderationLiabilityFinancingActivities $1.70M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $389.76M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $472.98M USD 3 Qtrs
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-21.03M USD 3 Qtrs
Net change in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-113.03M USD 3 Qtrs
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $248.76M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $92.05M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $135.73M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $113.08M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $248.76M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $92.05M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $135.73M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations $113.08M USD Point-in-time
Interest paid on deposits InterestPaidOnDeposits $29.82M USD 3 Qtrs
Interest paid on deposits InterestPaidOnDeposits $52.54M USD 3 Qtrs
Interest paid on borrowed funds InterestPaidNet $15.78M USD 3 Qtrs
Interest paid on borrowed funds InterestPaidNet $22.82M USD 3 Qtrs
Income taxes paid (refund), net IncomeTaxesPaidNet $9.47M USD 3 Qtrs
Income taxes paid (refund), net IncomeTaxesPaidNet $758.00K USD 3 Qtrs
Other net comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.42M USD 3 Qtrs
Other net comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-7.38M USD 1 Quarter
Other net comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-27.45M USD 3 Qtrs
Other net comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $856.00K USD 1 Quarter
Real estate owned acquired in settlement of loans RealEstateOwnedAcquiredInSettlementOfLoans $-1.60M USD 3 Qtrs
Real estate owned acquired in settlement of loans RealEstateOwnedAcquiredInSettlementOfLoans $444.00K USD 3 Qtrs
Stockholders Equity 37 line items
Line Item Tag Value Unit Period
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.63 USD 3 Qtrs
Common stock, cash dividends declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.66 USD 3 Qtrs
Preferred stock, cash dividends declared (in dollars per share) PreferredStockDividendsPerShareDeclared $1.32 USD 3 Qtrs
Balance at Beginning of Period StockholdersEquity $1.53B USD Point-in-time
Balance at Beginning of Period StockholdersEquity $1.09B USD Point-in-time
Balance at Beginning of Period StockholdersEquity $1.28B USD Point-in-time
Balance at Beginning of Period StockholdersEquity $1.50B USD Point-in-time
Net income NetIncomeLoss $91.51M USD 3 Qtrs
Net income NetIncomeLoss $22.90M USD 1 Quarter
Net income NetIncomeLoss $32.23M USD 1 Quarter
Net income NetIncomeLoss $58.06M USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.42M USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-7.38M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-27.45M USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $856.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $59.48M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $64.06M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $23.76M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $24.85M USD 1 Quarter
Common stock issued StockIssuedDuringPeriodValueNewIssues $152.93M USD 3 Qtrs
Cash dividends declared on common shares DividendsCommonStockCash $29.97M USD 3 Qtrs
Cash dividends declared on common shares DividendsCommonStockCash $23.52M USD 3 Qtrs
Cash dividends declared on preferred shares DividendsPreferredStockCash $689.00K USD 3 Qtrs
Forfeited shares StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 3 Qtrs
Forfeited shares StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 3 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $161.00K USD 3 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $102.00K USD 3 Qtrs
Restricted stock grants StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 3 Qtrs
Restricted stock grants StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures - USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $3.87M USD 3 Qtrs
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $4.28M USD 3 Qtrs
Other, net StockholdersEquityOther $1.73M USD 3 Qtrs
Other, net StockholdersEquityOther $1.69M USD 3 Qtrs
Balance at End of Period StockholdersEquity $1.53B USD Point-in-time
Balance at End of Period StockholdersEquity $1.09B USD Point-in-time
Balance at End of Period StockholdersEquity $1.28B USD Point-in-time
Balance at End of Period StockholdersEquity $1.50B USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $91.51M USD 3 Qtrs
Net income NetIncomeLoss $22.90M USD 1 Quarter
Net income NetIncomeLoss $32.23M USD 1 Quarter
Net income NetIncomeLoss $58.06M USD 3 Qtrs
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.46M USD 1 Quarter
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-9.93M USD 1 Quarter
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-36.93M USD 3 Qtrs
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-4.04M USD 3 Qtrs
Changes in unrealized loss on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax - USD 3 Qtrs
Changes in unrealized loss on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax - USD 1 Quarter
Changes in unrealized loss on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax - USD 1 Quarter
Changes in unrealized loss on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $6.57M USD 3 Qtrs
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-2.55M USD 1 Quarter
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $605.00K USD 1 Quarter
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-1.48M USD 3 Qtrs
Changes in unrealized loss on debt securities available-for-sale OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-9.48M USD 3 Qtrs
Changes in unrealized gains on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $2.59M USD 3 Qtrs
Changes in unrealized gains on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 1 Quarter
Changes in unrealized gains on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 3 Qtrs
Changes in unrealized gains on derivative hedges OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 1 Quarter
Total other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.42M USD 3 Qtrs
Total other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-7.38M USD 1 Quarter
Total other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-27.45M USD 3 Qtrs
Total other comprehensive (loss)/income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $856.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $59.48M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $64.06M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $23.76M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $24.85M USD 1 Quarter

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

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