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10-Q Filing

PEAPACK GLADSTONE FINANCIAL CORP CIK: 1050743 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001174947-17-000797
Period End Date 20170331
Filing Date 20170508
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance pgc-20170331.xml
Balance Sheet 105 line items
Line Item Tag Value Unit Period
Preferred stock, par value PreferredStockParOrStatedValuePerShare - USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare - USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Cash and due from banks CashAndDueFromBanks $4.91M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $24.58M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Federal funds sold FederalFundsSold $101.00K USD Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Federal funds sold FederalFundsSold $101.00K USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $138.01M USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $113.95M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $118.96M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $162.69M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 21.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 21.00M shares Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $77.92M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $70.16M USD Point-in-time
Securities available for sale AvailableForSaleSecurities $305.39M USD Point-in-time
Securities available for sale AvailableForSaleSecurities $300.23M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 17.99M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 17.67M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 17.26M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 17.58M shares Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $13.81M USD Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $15.44M USD Point-in-time
Treasury stock, shares TreasuryStockShares 408,178.00 shares Point-in-time
Residential mortgage loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $1.20M USD Point-in-time
Treasury stock, shares TreasuryStockShares 408,178.00 shares Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $388.00K USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $128.00K USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $3.44B USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $3.31B USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $25.86M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $27.32M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $32.21M USD Point-in-time
Less: Allowance for loan losses LoansAndLeasesReceivableAllowance $33.61M USD Point-in-time
Net loans LoansReceivableNet $3.28B USD Point-in-time
Net loans LoansReceivableNet $3.41B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $30.11M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $30.37M USD Point-in-time
Other real estate owned OtherRealEstate $534.00K USD Point-in-time
Other real estate owned OtherRealEstate $671.00K USD Point-in-time
Accrued interest receivable InterestReceivable $6.82M USD Point-in-time
Accrued interest receivable InterestReceivable $8.15M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $43.99M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $43.81M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsNet $15.32M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsNet $15.32M USD Point-in-time
Goodwill Goodwill $1.57M USD Point-in-time
Goodwill Goodwill $1.57M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $1.58M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $1.55M USD Point-in-time
Other assets OtherAssets $13.88M USD Point-in-time
Other assets OtherAssets $6.71M USD Point-in-time
TOTAL ASSETS Assets $3.88B USD Point-in-time
TOTAL ASSETS Assets $3.95B USD Point-in-time
TOTAL ASSETS Assets $3.47B USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $528.55M USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $489.49M USD Point-in-time
Interest-bearing deposits checking InterestBearingDomesticDepositChecking $1.02B USD Point-in-time
Interest-bearing deposits checking InterestBearingDomesticDepositChecking $1.02B USD Point-in-time
Savings InterestBearingDomesticDepositSavings $120.06M USD Point-in-time
Savings InterestBearingDomesticDepositSavings $122.26M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.05B USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.05B USD Point-in-time
Certificates of deposit - Retail TimeDeposits $440.99M USD Point-in-time
Certificates of deposit - Retail TimeDeposits $457.00M USD Point-in-time
Subtotal deposits SubtotalDeposits $3.16B USD Point-in-time
Subtotal deposits SubtotalDeposits $3.14B USD Point-in-time
Interest-bearing demand - Brokered InterestBearingDomesticDepositBrokered $180.00M USD Point-in-time
Interest-bearing demand - Brokered InterestBearingDomesticDepositBrokered $180.00M USD Point-in-time
Certificates of deposit - Brokered BrokeredCertificatesOfDeposit $93.75M USD Point-in-time
Certificates of deposit - Brokered BrokeredCertificatesOfDeposit $93.72M USD Point-in-time
Total deposits Deposits $3.43B USD Point-in-time
Total deposits Deposits $3.41B USD Point-in-time
Overnight borrowings with Federal Home Loan Bank ShortTermBorrowings $34.55M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $58.80M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $61.80M USD Point-in-time
Capital lease obligation CapitalLeaseObligations $9.56M USD Point-in-time
Capital lease obligation CapitalLeaseObligations $9.69M USD Point-in-time
Subordinated debt, net SubordinatedDebt $48.76M USD Point-in-time
Subordinated debt, net SubordinatedDebt $48.80M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $24.29M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $22.33M USD Point-in-time
TOTAL LIABILITIES Liabilities $3.61B USD Point-in-time
TOTAL LIABILITIES Liabilities $3.55B USD Point-in-time
Preferred stock (no par value; authorized 500,000 shares; liquidation preference of $1,000 per share) PreferredStockValue - USD Point-in-time
Preferred stock (no par value; authorized 500,000 shares; liquidation preference of $1,000 per share) PreferredStockValue - USD Point-in-time
Common stock (no par value; stated value $0.83 per share; 21,000,000 shares; issued shares, 17,987,452 at March 31, 2017 and 17,666,173 at December 31, 2016; outstanding shares, 17,579,274 at March 31, 2017 and 17,257,995 at December 31, 2016 CommonStockValue $14.72M USD Point-in-time
Common stock (no par value; stated value $0.83 per share; 21,000,000 shares; issued shares, 17,987,452 at March 31, 2017 and 17,666,173 at December 31, 2016; outstanding shares, 17,579,274 at March 31, 2017 and 17,257,995 at December 31, 2016 CommonStockValue $14.99M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $238.71M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $247.12M USD Point-in-time
Treasury stock at cost, 408,178 shares at both March 31, 2017 and December 31, 2016 TreasuryStockValue $8.99M USD Point-in-time
Treasury stock at cost, 408,178 shares at both March 31, 2017 and December 31, 2016 TreasuryStockValue $8.99M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $88.42M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $81.30M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.53M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-622.00K USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquity $340.93M USD Point-in-time
TOTAL SHAREHOLDERS' EQUITY StockholdersEquity $324.21M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $3.88B USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $3.95B USD Point-in-time
Income Statement 78 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $26.75M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $29.49M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $1.50M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $926.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $121.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $121.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $11.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $4.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $87.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $264.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $27.90M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $31.39M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $1.16M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $1.81M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $1.57M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $1.49M USD 1 Quarter
Interest on borrowed funds InterestExpenseBorrowings $303.00K USD 1 Quarter
Interest on borrowed funds InterestExpenseBorrowings $479.00K USD 1 Quarter
Interest on capital lease obligation CapitalLeasesIncomeStatementInterestExpense $115.00K USD 1 Quarter
Interest on capital lease obligation CapitalLeasesIncomeStatementInterestExpense $122.00K USD 1 Quarter
Interest on subordinated debt InterestExpenseSubordinatedNotesAndDebentures $783.00K USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $3.25M USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $4.58M USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $741.00K USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $720.00K USD 1 Quarter
Interest on certificates of deposits - brokered InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered $491.00K USD 1 Quarter
Interest on certificates of deposits - brokered InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered $497.00K USD 1 Quarter
Total Interest expense InterestExpense $5.79M USD 1 Quarter
Total Interest expense InterestExpense $4.49M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES InterestIncomeExpenseNet $23.41M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES InterestIncomeExpenseNet $25.59M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.70M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.60M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $23.99M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $21.71M USD 1 Quarter
Wealth management fee income FeesAndCommissionsFiduciaryAndTrustActivities $4.82M USD 1 Quarter
Wealth management fee income FeesAndCommissionsFiduciaryAndTrustActivities $4.29M USD 1 Quarter
Service charges and fees ServiceChargesAndFees $807.00K USD 1 Quarter
Service charges and fees ServiceChargesAndFees $771.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $322.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $342.00K USD 1 Quarter
Gains on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $121.00K USD 1 Quarter
Gains on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $47.00K USD 1 Quarter
Gains on multifamily loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue $124.00K USD 1 Quarter
Fee income related to loan level, back-to-back swaps NoninterestIncomeOtherOperatingIncome $456.00K USD 1 Quarter
Fee income related to loan level, back-to-back swaps NoninterestIncomeOtherOperatingIncome $94.00K USD 1 Quarter
Gain on sale of SBA loans GainLossOnDispositionOfOtherFinancialAssets $155.00K USD 1 Quarter
Gain on sale of SBA loans GainLossOnDispositionOfOtherFinancialAssets $47.00K USD 1 Quarter
Other income NoninterestIncomeOther $332.00K USD 1 Quarter
Other income NoninterestIncomeOther $450.00K USD 1 Quarter
Securities gains, net GainLossOnInvestments - USD 1 Quarter
Securities gains, net GainLossOnInvestments $101.00K USD 1 Quarter
Total other income NoninterestIncome $6.26M USD 1 Quarter
Total other income NoninterestIncome $7.02M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $10.91M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $11.91M USD 1 Quarter
Premises and equipment OccupancyNet $2.86M USD 1 Quarter
Premises and equipment OccupancyNet $2.82M USD 1 Quarter
FDIC insurance expense FederalDepositInsuranceCorporationPremiumExpense $1.56M USD 1 Quarter
FDIC insurance expense FederalDepositInsuranceCorporationPremiumExpense $686.00K USD 1 Quarter
Other operating expense OtherExpenses $3.89M USD 1 Quarter
Other operating expense OtherExpenses $3.88M USD 1 Quarter
Total operating expenses NoninterestExpense $19.21M USD 1 Quarter
Total operating expenses NoninterestExpense $19.30M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $11.71M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $8.77M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.28M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.72M USD 1 Quarter
NET INCOME NetIncomeLoss $5.49M USD 1 Quarter
NET INCOME NetIncomeLoss $7.98M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.35 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.47 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.46 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.34 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 17.12M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 15.86M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 16.02M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 17.44M shares 1 Quarter
Cash Flow Statement 85 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $5.49M USD 1 Quarter
Net income NetIncomeLoss $7.98M USD 1 Quarter
Depreciation Depreciation $787.00K USD 1 Quarter
Depreciation Depreciation $756.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-344.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-399.00K USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $589.00K USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $814.00K USD 1 Quarter
Amortization of intangible AmortizationOfIntangibleAssets $17.00K USD 1 Quarter
Amortization of intangible AmortizationOfIntangibleAssets $31.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $32.00K USD 1 Quarter
Provision of loan losses ProvisionForLoanAndLeaseLosses $1.70M USD 1 Quarter
Provision of loan losses ProvisionForLoanAndLeaseLosses $1.60M USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-1.19M USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-596.00K USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense ShareBasedCompensation $35.00K USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense ShareBasedCompensation $55.00K USD 1 Quarter
Gains on securities, available for sale, net AvailableforsaleSecuritiesGrossRealizedGainLossExcludingOtherThanTemporaryImpairments $101.00K USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $8.06M USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $4.49M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $6.16M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $6.20M USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $202.00K USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $121.00K USD 1 Quarter
Gain on loans held for sale at lower of cost or fair value GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue $124.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $186.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $216.00K USD 1 Quarter
Decrease/(increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-1.33M USD 1 Quarter
Decrease/(increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $677.00K USD 1 Quarter
Decrease/(increase) in other assets IncreaseDecreaseInOtherOperatingAssets $1.17M USD 1 Quarter
Decrease/(increase) in other assets IncreaseDecreaseInOtherOperatingAssets $-8.71M USD 1 Quarter
Increase in accrued expenses, capital lease obligations and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $169.00K USD 1 Quarter
Increase in accrued expenses, capital lease obligations and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $1.10M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $23.51M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $3.66M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $17.83M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $13.71M USD 1 Quarter
Redemptions for FHLB & FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $17.34M USD 1 Quarter
Redemptions for FHLB & FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $450.00K USD 1 Quarter
Sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $4.19M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $12.44M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $35.56M USD 1 Quarter
Purchase of FHLB & FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $16.61M USD 1 Quarter
Purchase of FHLB & FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $2.07M USD 1 Quarter
Proceeds from sales of loans held for sale at lower of cost or fair value ProceedsFromSaleOfOtherReceivables $57.44M USD 1 Quarter
Net increase in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $127.84M USD 1 Quarter
Net increase in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $128.17M USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $119.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $529.00K USD 1 Quarter
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-124.60M USD 1 Quarter
NET CASH USED IN INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-87.78M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $108.11M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $18.81M USD 1 Quarter
Net increase/(decrease) in overnight borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $-19.60M USD 1 Quarter
Net increase/(decrease) in overnight borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $34.55M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $3.00M USD 1 Quarter
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $863.00K USD 1 Quarter
Cash dividends paid on common stock PaymentsOfDividendsCommonStock $803.00K USD 1 Quarter
Exercise of Stock Options, net of stock swaps ProceedsFromStockOptionsExercised $62.00K USD 1 Quarter
Exercise of Stock Options, net of stock swaps ProceedsFromStockOptionsExercised $184.00K USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.32M USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $452.00K USD 1 Quarter
Sales of common shares (Dividend Reinvestment Program) ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan $8.84M USD 1 Quarter
Sales of common shares (Dividend Reinvestment Program) ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan $4.38M USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $174.00K USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $171.00K USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $57.37M USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $91.87M USD 1 Quarter
Net (decrease)/increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $7.76M USD 1 Quarter
Net (decrease)/increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-43.73M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $118.96M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $162.69M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $77.92M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $70.16M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $118.96M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $162.69M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $77.92M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $70.16M USD Point-in-time
Interest InterestPaid $5.05M USD 1 Quarter
Interest InterestPaid $4.30M USD 1 Quarter
Taxes IncomeTaxesPaid $749.00K USD 1 Quarter
Taxes IncomeTaxesPaid $5.80M USD 1 Quarter
Transfer of loans to loans held for sale TransferOfPortfolioLoansAndLeasesToHeldForSale1 $13.18M USD 1 Quarter
Transfer of loans to other real estate owned TransferToOtherRealEstate $298.00K USD 1 Quarter
Transfer of loans to other real estate owned TransferToOtherRealEstate $137.00K USD 1 Quarter
Stockholders Equity 23 line items
Line Item Tag Value Unit Period
Cash dividends declared on common stock, per share CommonStockDividendsPerShareDeclared $0.05 USD 1 Quarter
Balance StockholdersEquity $340.93M USD Point-in-time
Balance StockholdersEquity $324.21M USD Point-in-time
Shares outstanding CommonStockSharesOutstanding 17.26M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 17.58M shares Point-in-time
Net income NetIncomeLoss $5.49M USD 1 Quarter
Net income NetIncomeLoss $7.98M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.64M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $909.00K USD 1 Quarter
Restricted stock units issued StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Restricted stock awards forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes StockIssuedDuringPeriodValueOther $-1.32M USD 1 Quarter
Amortization of restricted awards/units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $814.00K USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $863.00K USD 1 Quarter
Common stock option expense AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition $5.00K USD 1 Quarter
Common stock options exercised and related tax benefits StockIssuedDuringPeriodValueShareBasedCompensationGross $184.00K USD 1 Quarter
Common stock options exercised and related tax benefits, shares StockIssuedDuringPeriodSharesStockOptionsExercised 23,447.00 shares 1 Quarter
Sales of shares (Dividend Reinvestment Program) StockIssuedDuringPeriodValueDividendReinvestmentPlan $8.84M USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $171.00K USD 1 Quarter
Balance StockholdersEquity $340.93M USD Point-in-time
Balance StockholdersEquity $324.21M USD Point-in-time
Shares outstanding CommonStockSharesOutstanding 17.26M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 17.58M shares Point-in-time
Comprehensive Income 21 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $5.49M USD 1 Quarter
Net income NetIncomeLoss $7.98M USD 1 Quarter
Unrealized holding gains arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $636.00K USD 1 Quarter
Unrealized holding gains arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $1.11M USD 1 Quarter
Less: Reclassification adjustment for net gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $101.00K USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $636.00K USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $1.00M USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $380.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $239.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $397.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $625.00K USD 1 Quarter
Unrealized holding gains/(loss) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-3.82M USD 1 Quarter
Unrealized holding gains/(loss) OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $865.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-1.56M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $353.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $512.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-2.26M USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-1.64M USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $909.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $3.85M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $8.89M USD 1 Quarter

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

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