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10-Q Filing

SouthState Bank Corp CIK: 764038 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001558370-20-004989
Period End Date 20200331
Filing Date 20200504
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance ssb-20200504x10q_htm.xml
Balance Sheet 111 line items
Line Item Tag Value Unit Period
Securities held to maturity, fair value (in dollars) HeldToMaturitySecuritiesFairValue $1.92B USD Point-in-time
Allowance for credit losses DebtSecuritiesAvailableForSaleAllowanceForCreditLoss - USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $2.50 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $2.50 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $2.50 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 80.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 33.44M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 35.37M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 33.74M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 35.37M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 33.74M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 33.44M shares Point-in-time
Cash and due from banks CashAndDueFromBanks $262.02M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $225.87M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $259.77M USD Point-in-time
Interest-bearing deposits with banks InterestBearingDepositsInBanks $426.69M USD Point-in-time
Interest-bearing deposits with banks InterestBearingDepositsInBanks $1.00B USD Point-in-time
Interest-bearing deposits with banks InterestBearingDepositsInBanks $723.73M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $688.70M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $1.26B USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $949.59M USD Point-in-time
Securities available for sale, at fair value (Cost of $1,915,461 and allowance for credit losses of $0 for March 31, 2020) AvailableForSaleSecuritiesDebtSecurities $1.96B USD Point-in-time
Securities available for sale, at fair value (Cost of $1,915,461 and allowance for credit losses of $0 for March 31, 2020) AvailableForSaleSecuritiesDebtSecurities $1.47B USD Point-in-time
Securities available for sale, at fair value (Cost of $1,915,461 and allowance for credit losses of $0 for March 31, 2020) AvailableForSaleSecuritiesDebtSecurities $1.97B USD Point-in-time
Other investments OtherInvestments $40.62M USD Point-in-time
Other investments OtherInvestments $49.12M USD Point-in-time
Other investments OtherInvestments $62.99M USD Point-in-time
Total investment securities Investments $2.01B USD Point-in-time
Total investment securities Investments $1.51B USD Point-in-time
Total investment securities Investments $2.03B USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $71.72M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $59.36M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $33.30M USD Point-in-time
Total loans - ASU 2016-13 LoansAndLeasesReceivableGrossCarryingAmount $11.51B USD Point-in-time
Total loans LoansAndLeasesReceivableNetOfDeferredIncome $11.15B USD Point-in-time
Total loans LoansAndLeasesReceivableNetOfDeferredIncome $11.38B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $61.99M USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $144.78M USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $56.52M USD Point-in-time
Loans, net LoansAndLeasesReceivableNetReportedAmount $11.09B USD Point-in-time
Loans, net LoansAndLeasesReceivableNetReportedAmount $11.31B USD Point-in-time
Loans, net LoansAndLeasesReceivableNetReportedAmount $11.36B USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $12.84M USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $11.30M USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $11.96M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $312.15M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $317.32M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $322.55M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $234.57M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $233.85M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $230.63M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $31.32M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $46.37M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $31.88M USD Point-in-time
Mortgage servicing rights ServicingAsset $30.52M USD Point-in-time
Mortgage servicing rights ServicingAsset $26.36M USD Point-in-time
Mortgage servicing rights ServicingAsset $32.41M USD Point-in-time
Core deposit and other intangibles IntangibleAssetsNetExcludingGoodwill $46.81M USD Point-in-time
Core deposit and other intangibles IntangibleAssetsNetExcludingGoodwill $59.62M USD Point-in-time
Core deposit and other intangibles IntangibleAssetsNetExcludingGoodwill $49.82M USD Point-in-time
Goodwill Goodwill $1.00B USD Point-in-time
Goodwill Goodwill $1.00B USD Point-in-time
Goodwill Goodwill $1.00B USD Point-in-time
Other assets OtherAssets $230.78M USD Point-in-time
Other assets OtherAssets $176.33M USD Point-in-time
Other assets OtherAssets $136.23M USD Point-in-time
Total assets Assets $15.41B USD Point-in-time
Total assets Assets $15.92B USD Point-in-time
Total assets Assets $16.64B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $3.22B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $3.37B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $3.25B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $8.98B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $8.70B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $8.93B USD Point-in-time
Total deposits Deposits $11.92B USD Point-in-time
Total deposits Deposits $12.34B USD Point-in-time
Total deposits Deposits $12.18B USD Point-in-time
Federal funds purchased and securities sold under agreements to repurchase FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $298.74M USD Point-in-time
Federal funds purchased and securities sold under agreements to repurchase FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $325.72M USD Point-in-time
Federal funds purchased and securities sold under agreements to repurchase FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $276.89M USD Point-in-time
Other borrowings OtherBorrowings $815.94M USD Point-in-time
Other borrowings OtherBorrowings $1.32B USD Point-in-time
Other borrowings OtherBorrowings $616.25M USD Point-in-time
Other liabilities OtherLiabilities $256.31M USD Point-in-time
Other liabilities OtherLiabilities $335.50M USD Point-in-time
Other liabilities OtherLiabilities $218.30M USD Point-in-time
Total liabilities Liabilities $13.03B USD Point-in-time
Total liabilities Liabilities $14.32B USD Point-in-time
Total liabilities Liabilities $13.55B USD Point-in-time
Common stock - $2.50 par value; authorized 80,000,000 shares; 33,444,236, 33,744,385 and 35,368,521 shares issued and outstanding, respectively CommonStockValue $84.36M USD Point-in-time
Common stock - $2.50 par value; authorized 80,000,000 shares; 33,444,236, 33,744,385 and 35,368,521 shares issued and outstanding, respectively CommonStockValue $83.61M USD Point-in-time
Common stock - $2.50 par value; authorized 80,000,000 shares; 33,444,236, 33,744,385 and 35,368,521 shares issued and outstanding, respectively CommonStockValue $88.42M USD Point-in-time
Surplus AdditionalPaidInCapital $1.72B USD Point-in-time
Surplus AdditionalPaidInCapital $1.61B USD Point-in-time
Surplus AdditionalPaidInCapital $1.58B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $679.89M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $643.35M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $582.03M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $1.02M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $9.77M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-13.37M USD Point-in-time
Total shareholders' equity StockholdersEquity $2.38B USD Point-in-time
Total shareholders' equity StockholdersEquity $2.37B USD Point-in-time
Total shareholders' equity StockholdersEquity $2.37B USD Point-in-time
Total shareholders' equity StockholdersEquity $2.32B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $16.64B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $15.92B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $15.41B USD Point-in-time
Income Statement 68 line items
Line Item Tag Value Unit Period
Loans, including fees InterestAndFeeIncomeLoansAndLeases $133.03M USD 1 Quarter
Loans, including fees InterestAndFeeIncomeLoansAndLeases $131.83M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $8.60M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $11.91M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $1.50M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $1.40M USD 1 Quarter
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell $1.45M USD 1 Quarter
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell $1.46M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $143.39M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $147.80M USD 1 Quarter
Deposits InterestExpenseDeposits $14.44M USD 1 Quarter
Deposits InterestExpenseDeposits $16.64M USD 1 Quarter
Federal funds purchased and securities sold under agreements to repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $615.00K USD 1 Quarter
Federal funds purchased and securities sold under agreements to repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $753.00K USD 1 Quarter
Other borrowings InterestExpenseOther $4.74M USD 1 Quarter
Other borrowings InterestExpenseOther $2.73M USD 1 Quarter
Total interest expense InterestExpense $20.12M USD 1 Quarter
Total interest expense InterestExpense $19.79M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $123.27M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $128.01M USD 1 Quarter
Provision for loan losses ProvisionForLoanLossesExpensed $1.49M USD 1 Quarter
Provision for loan losses ProvisionForLoanLossesExpensed $36.53M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $91.48M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $121.78M USD 1 Quarter
Securities gains (losses), net DebtAndEquitySecuritiesRealizedGainLoss $541.00K USD 1 Quarter
Recoveries on acquired loans RecoveriesOnAcquiredLoans $1.87M USD 1 Quarter
Other NoninterestIncomeOther $3.96M USD 1 Quarter
Other NoninterestIncomeOther $2.19M USD 1 Quarter
Total noninterest income NoninterestIncome $44.13M USD 1 Quarter
Total noninterest income NoninterestIncome $32.06M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $60.98M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $58.43M USD 1 Quarter
Occupancy expense OccupancyNet $11.61M USD 1 Quarter
Occupancy expense OccupancyNet $12.29M USD 1 Quarter
Information services expense InformationTechnologyAndDataProcessing $9.31M USD 1 Quarter
Information services expense InformationTechnologyAndDataProcessing $9.01M USD 1 Quarter
OREO expense and loan related OtherRealEstateOwnedExpenseAndLoanRelated $751.00K USD 1 Quarter
OREO expense and loan related OtherRealEstateOwnedExpenseAndLoanRelated $587.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $3.01M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $3.28M USD 1 Quarter
Supplies, printing and postage expense SuppliesAndPostageExpense $1.50M USD 1 Quarter
Supplies, printing and postage expense SuppliesAndPostageExpense $1.50M USD 1 Quarter
Professional fees ProfessionalFees $2.24M USD 1 Quarter
Professional fees ProfessionalFees $2.49M USD 1 Quarter
FDIC assessment and other regulatory charges FederalDepositInsuranceCorporationPremiumExpense $1.53M USD 1 Quarter
FDIC assessment and other regulatory charges FederalDepositInsuranceCorporationPremiumExpense $2.06M USD 1 Quarter
Advertising and marketing MarketingAndAdvertisingExpense $814.00K USD 1 Quarter
Advertising and marketing MarketingAndAdvertisingExpense $807.00K USD 1 Quarter
Merger and branch consolidation related expense BusinessCombinationIntegrationRelatedCosts $1.11M USD 1 Quarter
Merger and branch consolidation related expense BusinessCombinationIntegrationRelatedCosts $4.13M USD 1 Quarter
Other OtherNoninterestExpense $7.96M USD 1 Quarter
Other OtherNoninterestExpense $10.08M USD 1 Quarter
Total noninterest expense NoninterestExpense $98.24M USD 1 Quarter
Total noninterest expense NoninterestExpense $107.25M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $28.36M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $55.60M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $4.25M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $11.23M USD 1 Quarter
Net income NetIncomeLoss $24.11M USD 1 Quarter
Net income NetIncomeLoss $44.37M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.72 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.25 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.25 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.71 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 33.57M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 35.45M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 33.80M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 35.62M shares 1 Quarter
Cash Flow Statement 102 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $24.11M USD 1 Quarter
Net income ProfitLoss $44.37M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortizationOtherThanAmortizationOfDebtDiscountPremium $7.85M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortizationOtherThanAmortizationOfDebtDiscountPremium $8.53M USD 1 Quarter
Provision for loan losses ProvisionForLoanLossesExpensed $1.49M USD 1 Quarter
Provision for loan losses ProvisionForLoanLossesExpensed $36.53M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-4.88M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $2.00M USD 1 Quarter
Gains on sale of securities, net GainLossOnSaleOfInvestments $541.00K USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $2.13M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $2.01M USD 1 Quarter
Accretion of discount related to performing acquired loans AccretionOnLoansCoveredUnderFdicLossShareAgreements $3.17M USD 1 Quarter
Accretion of discount related to performing acquired loans AccretionOnLoansCoveredUnderFdicLossShareAgreements $10.93M USD 1 Quarter
(Gains) losses on disposal of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $-271.00K USD 1 Quarter
(Gains) losses on disposal of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $263.00K USD 1 Quarter
(Gains) losses on sale of OREO GainsLossesOnSalesOfOtherRealEstate $-69.00K USD 1 Quarter
(Gains) losses on sale of OREO GainsLossesOnSalesOfOtherRealEstate $2.00K USD 1 Quarter
Net amortization of premiums on investment securities AdjustmentForAmortization $2.06M USD 1 Quarter
Net amortization of premiums on investment securities AdjustmentForAmortization $1.70M USD 1 Quarter
OREO write downs OtherRealEstateWriteDowns $98.00K USD 1 Quarter
OREO write downs OtherRealEstateWriteDowns $111.00K USD 1 Quarter
Fair value adjustment for loans held for sale FairValueAdjustmentForLoansHeldForSale $-926.00K USD 1 Quarter
Fair value adjustment for loans held for sale FairValueAdjustmentForLoansHeldForSale $-156.00K USD 1 Quarter
Originations and purchases of loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $243.95M USD 1 Quarter
Originations and purchases of loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $127.17M USD 1 Quarter
Proceeds from sales of loans ProceedsFromSaleOfLoansHeldForSale $116.95M USD 1 Quarter
Proceeds from sales of loans ProceedsFromSaleOfLoansHeldForSale $232.52M USD 1 Quarter
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $968.00K USD 1 Quarter
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $923.00K USD 1 Quarter
Prepaid assets IncreaseDecreaseInPrepaidExpense $2.06M USD 1 Quarter
Prepaid assets IncreaseDecreaseInPrepaidExpense $-651.00K USD 1 Quarter
Operating Leases IncreaseDecreaseInOperatingLeasesNet $-268.00K USD 1 Quarter
Operating Leases IncreaseDecreaseInOperatingLeasesNet $-256.00K USD 1 Quarter
Derivative assets IncreaseDecreaseInDerivativeAssets $45.69M USD 1 Quarter
Derivative assets IncreaseDecreaseInDerivativeAssets $3.64M USD 1 Quarter
Miscellaneous other assets IncreaseDecreaseInOtherOperatingAssets $9.67M USD 1 Quarter
Miscellaneous other assets IncreaseDecreaseInOtherOperatingAssets $9.09M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $-853.00K USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $969.00K USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $9.23M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $9.13M USD 1 Quarter
Derivative liabilities IncreaseDecreaseInDerivativeLiabilities $38.14M USD 1 Quarter
Derivative liabilities IncreaseDecreaseInDerivativeLiabilities $3.03M USD 1 Quarter
Miscellaneous other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-6.13M USD 1 Quarter
Miscellaneous other liabilities IncreaseDecreaseInOtherOperatingLiabilities $5.13M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $41.08M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $37.51M USD 1 Quarter
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $134.49M USD 1 Quarter
Proceeds from maturities and calls of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $55.24M USD 1 Quarter
Proceeds from maturities and calls of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $113.38M USD 1 Quarter
Proceeds from sales of other investment securities ProceedsFromSaleOfOtherInvestments $45.00K USD 1 Quarter
Purchases of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $122.77M USD 1 Quarter
Purchases of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $90.13M USD 1 Quarter
Purchases of other investment securities PaymentsToAcquireOtherInvestments $13.87M USD 1 Quarter
Purchases of other investment securities PaymentsToAcquireOtherInvestments $15.07M USD 1 Quarter
Net increase in loans IncreaseDecreaseInLoansHeldForSale $127.84M USD 1 Quarter
Net increase in loans IncreaseDecreaseInLoansHeldForSale $129.46M USD 1 Quarter
Recoveries of loans previously charged off ProceedsFromRecoveriesOfLoanPreviouslyChargedOff $1.91M USD 1 Quarter
Recoveries of loans previously charged off ProceedsFromRecoveriesOfLoanPreviouslyChargedOff $958.00K USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.44M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.19M USD 1 Quarter
Proceeds from sale of OREO ProceedsFromSaleOfOtherRealEstate $988.00K USD 1 Quarter
Proceeds from sale of OREO ProceedsFromSaleOfOtherRealEstate $1.02M USD 1 Quarter
Proceeds from sale of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $6.00K USD 1 Quarter
Proceeds from sale of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $9.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-119.37M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-77.36M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $167.45M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $272.04M USD 1 Quarter
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet $6.24M USD 1 Quarter
Net increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet $26.98M USD 1 Quarter
Proceeds from other borrowings ProceedsFromOtherDebt $500.00M USD 1 Quarter
Proceeds from other borrowings ProceedsFromOtherDebt $500.00M USD 1 Quarter
Repayment of other borrowings RepaymentsOfOtherLongTermDebt $150.00M USD 1 Quarter
Repayment of other borrowings RepaymentsOfOtherLongTermDebt $2.00K USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $26.58M USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $34.78M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $15.84M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $13.44M USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $402.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $403.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $580.45M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $652.42M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $540.61M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $574.13M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $949.59M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $408.98M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.26B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $688.70M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $949.59M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $408.98M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.26B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $688.70M USD Point-in-time
Interest InterestPaidNet $19.15M USD 1 Quarter
Interest InterestPaidNet $20.64M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $874.00K USD 1 Quarter
Income taxes IncomeTaxesPaidNet $845.00K USD 1 Quarter
Initial measurement and recognition of operating lease assets in exchange for lease liabilities per ASU 2016-02 RightOfUseAssetObtainedInExchangeForOperatingLeaseLiabilityInitialMeasurementAndRecognition $82.16M USD 1 Quarter
Recognition of operating lease assets in exchange for lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $458.00K USD 1 Quarter
Recognition of operating lease assets in exchange for lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.96M USD 1 Quarter
Real estate acquired in full or in partial settlement of loans RealEstateAcquiredInFullOrInPartialSettlementOfLoans $1.00M USD 1 Quarter
Real estate acquired in full or in partial settlement of loans RealEstateAcquiredInFullOrInPartialSettlementOfLoans $2.05M USD 1 Quarter
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Cash dividends declared, per share PreferredStockDividendsPerShareDeclared $0.38 USD 1 Quarter
Cash dividends declared, per share PreferredStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Balance StockholdersEquity $2.38B USD Point-in-time
Balance StockholdersEquity $2.37B USD Point-in-time
Balance StockholdersEquity $2.37B USD Point-in-time
Balance StockholdersEquity $2.32B USD Point-in-time
Balance (in shares) CommonStockSharesOutstanding 35.37M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 33.74M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 33.44M shares Point-in-time
Net income NetIncomeLoss $24.11M USD 1 Quarter
Net income NetIncomeLoss $44.37M USD 1 Quarter
Other comprehensive income (loss), net of tax effects OtherComprehensiveIncomeLossNetOfTax $11.51M USD 1 Quarter
Other comprehensive income (loss), net of tax effects OtherComprehensiveIncomeLossNetOfTax $8.75M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $55.87M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $32.86M USD 1 Quarter
Cash dividends declared on common stock per share DividendsCommonStockCash $15.84M USD 1 Quarter
Cash dividends declared on common stock per share DividendsCommonStockCash $13.44M USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $402.00K USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $403.00K USD 1 Quarter
Common stock repurchased - buyback plan StockRedeemedOrCalledDuringPeriodValue $33.27M USD 1 Quarter
Common stock repurchased - buyback plan StockRedeemedOrCalledDuringPeriodValue $24.71M USD 1 Quarter
Common stock repurchased StockRepurchasedDuringPeriodValue $1.86M USD 1 Quarter
Common stock repurchased StockRepurchasedDuringPeriodValue $1.52M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.13M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $2.01M USD 1 Quarter
Balance StockholdersEquity $2.38B USD Point-in-time
Balance StockholdersEquity $2.37B USD Point-in-time
Balance StockholdersEquity $2.37B USD Point-in-time
Balance StockholdersEquity $2.32B USD Point-in-time
Balance (in shares) CommonStockSharesOutstanding 35.37M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 33.74M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 33.44M shares Point-in-time
Comprehensive Income 27 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $24.11M USD 1 Quarter
Net income NetIncomeLoss $44.37M USD 1 Quarter
Unrealized holding gains arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $40.45M USD 1 Quarter
Unrealized holding gains arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $20.29M USD 1 Quarter
Tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $4.46M USD 1 Quarter
Tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $8.90M USD 1 Quarter
Reclassification adjustment for losses included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $3.00M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $659.00K USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $13.49M USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $31.55M USD 1 Quarter
Unrealized holding losses arising during period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-2.65M USD 1 Quarter
Unrealized holding losses arising during period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-28.51M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-583.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax $-6.27M USD 1 Quarter
Reclassification adjustment for losses included in interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $10.00K USD 1 Quarter
Reclassification adjustment for losses included in interest expense OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $722.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $2.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax $159.00K USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-2.08M USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-22.80M USD 1 Quarter
Reclassification adjustment for changes included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax $121.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax $26.00K USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-95.00K USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $8.75M USD 1 Quarter
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $11.51M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $55.87M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $32.86M USD 1 Quarter

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

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