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10-Q Filing

SouthState Bank Corp CIK: 764038 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001558370-22-007530
Period End Date 20220331
Filing Date 20220506
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance ssb-20220331x10q_htm.xml
Balance Sheet 92 line items
Line Item Tag Value Unit Period
Securities held to maturity, fair value (in dollars) HeldToMaturitySecuritiesFairValue $1.78B USD Point-in-time
Securities held to maturity, fair value (in dollars) HeldToMaturitySecuritiesFairValue $2.63B 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 160.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 160.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 75.76M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 69.33M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 75.76M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 69.33M shares Point-in-time
Cash and due from banks CashAndDueFromBanks $476.65M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $588.37M USD Point-in-time
Federal funds sold and interest-earning deposits with banks FederalFundsSoldAndInterestEarningDepositsWithBanks $5.41B USD Point-in-time
Federal funds sold and interest-earning deposits with banks FederalFundsSoldAndInterestEarningDepositsWithBanks $6.02B USD Point-in-time
Deposits in other financial institutions (restricted cash) InterestBearingDepositsInBanks $347.58M USD Point-in-time
Deposits in other financial institutions (restricted cash) InterestBearingDepositsInBanks $29.81M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $6.84B USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $6.03B USD Point-in-time
Trading securities, at fair value TradingSecuritiesFairValue $74.23M USD Point-in-time
Trading securities, at fair value TradingSecuritiesFairValue $77.69M USD Point-in-time
Securities held to maturity (fair value of $2,630,495 and $1,778,064) HeldToMaturitySecurities $2.83B USD Point-in-time
Securities held to maturity (fair value of $2,630,495 and $1,778,064) HeldToMaturitySecurities $1.82B USD Point-in-time
Securities available for sale, at fair value AvailableForSaleSecuritiesDebtSecurities $5.92B USD Point-in-time
Securities available for sale, at fair value AvailableForSaleSecuritiesDebtSecurities $5.19B USD Point-in-time
Other investments OtherInvestments $179.26M USD Point-in-time
Other investments OtherInvestments $160.57M USD Point-in-time
Total investment securities InvestmentAvailableForSale $7.17B USD Point-in-time
Total investment securities InvestmentAvailableForSale $8.93B USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $130.38M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroup $191.72M USD Point-in-time
Total loans LoansAndLeasesReceivableGrossCarryingAmount $26.56B USD Point-in-time
Total loans LoansAndLeasesReceivableGrossCarryingAmount $23.93B USD Point-in-time
Less allowance for credit losses LoansAndLeasesReceivableAllowance $301.81M USD Point-in-time
Less allowance for credit losses LoansAndLeasesReceivableAllowance $300.40M USD Point-in-time
Loans, net LoansAndLeasesReceivableNetReportedAmount $23.63B USD Point-in-time
Loans, net LoansAndLeasesReceivableNetReportedAmount $26.26B USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $3.29M USD Point-in-time
Other real estate owned OtherRealEstateAndForeclosedAssets $2.74M USD Point-in-time
Bank property held for sale RealEstateHeldforsale $6.42M USD Point-in-time
Bank property held for sale RealEstateHeldforsale $9.58M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $558.50M USD Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $568.33M USD Point-in-time
Bank owned life insurance ("BOLI") BankOwnedLifeInsurance $783.05M USD Point-in-time
Bank owned life insurance ("BOLI") BankOwnedLifeInsurance $942.92M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $136.08M USD Point-in-time
Deferred tax assets DeferredIncomeTaxAssetsNet $64.96M USD Point-in-time
Derivatives assets DerivativeAssetsNoncurrent $412.81M USD Point-in-time
Derivatives assets DerivativeAssetsNoncurrent $414.74M USD Point-in-time
Mortgage servicing rights ServicingAsset $65.62M USD Point-in-time
Mortgage servicing rights ServicingAsset $83.34M USD Point-in-time
Core deposit and other intangibles IntangibleAssetsNetExcludingGoodwill $140.36M USD Point-in-time
Core deposit and other intangibles IntangibleAssetsNetExcludingGoodwill $128.07M USD Point-in-time
Goodwill Goodwill $1.58B USD Point-in-time
Goodwill Goodwill $1.92B USD Point-in-time
Other assets OtherAssets $559.48M USD Point-in-time
Other assets OtherAssets $438.83M USD Point-in-time
Total assets Assets $46.20B USD Point-in-time
Total assets Assets $41.96B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $14.05B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $11.50B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $23.56B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $24.72B USD Point-in-time
Total deposits Deposits $35.05B USD Point-in-time
Total deposits Deposits $38.78B USD Point-in-time
Federal funds purchased FederalFundsPurchased $381.19M USD Point-in-time
Federal funds purchased FederalFundsPurchased $343.82M USD Point-in-time
Securities sold under agreements to repurchase SecuritiesSoldUnderAgreementsToRepurchase $400.04M USD Point-in-time
Securities sold under agreements to repurchase SecuritiesSoldUnderAgreementsToRepurchase $426.59M USD Point-in-time
Corporate and subordinated debentures CorporateAndSubordinatedDebentures $327.07M USD Point-in-time
Corporate and subordinated debentures CorporateAndSubordinatedDebentures $405.55M USD Point-in-time
Reserve for unfunded commitments ReserveForUnfundedCommitments $30.37M USD Point-in-time
Reserve for unfunded commitments ReserveForUnfundedCommitments $30.51M USD Point-in-time
Derivative liabilities DerivativeLiabilities $410.14M USD Point-in-time
Derivative liabilities DerivativeLiabilities $412.17M USD Point-in-time
Other liabilities OtherLiabilities $553.31M USD Point-in-time
Other liabilities OtherLiabilities $632.80M USD Point-in-time
Total liabilities Liabilities $41.03B USD Point-in-time
Total liabilities Liabilities $37.16B USD Point-in-time
Common stock - $2.50 par value; authorized 160,000,000 shares; 75,761,018 and 69,332,297 shares issued and outstanding, respectively CommonStockValue $189.40M USD Point-in-time
Common stock - $2.50 par value; authorized 160,000,000 shares; 75,761,018 and 69,332,297 shares issued and outstanding, respectively CommonStockValue $173.33M USD Point-in-time
Surplus AdditionalPaidInCapital $3.65B USD Point-in-time
Surplus AdditionalPaidInCapital $4.21B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $997.66M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $1.06B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-293.96M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-21.15M USD Point-in-time
Total shareholders' equity StockholdersEquity $5.17B USD Point-in-time
Total shareholders' equity StockholdersEquity $4.72B USD Point-in-time
Total shareholders' equity StockholdersEquity $4.80B USD Point-in-time
Total shareholders' equity StockholdersEquity $4.65B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $41.96B USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $46.20B USD Point-in-time
Income Statement 66 line items
Line Item Tag Value Unit Period
Loans, including fees InterestAndFeeIncomeLoansAndLeases $233.62M USD 1 Quarter
Loans, including fees InterestAndFeeIncomeLoansAndLeases $259.97M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $15.43M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $30.12M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $2.10M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $3.88M USD 1 Quarter
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell $2.85M USD 1 Quarter
Federal funds sold, securities purchased under agreements to resell and interest-bearing deposits with banks InterestIncomeFederalFundsSoldAndSecuritiesPurchasedUnderAgreementsToResell $989.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $270.46M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $278.48M USD 1 Quarter
Deposits InterestExpenseDeposits $4.63M USD 1 Quarter
Deposits InterestExpenseDeposits $11.26M USD 1 Quarter
Federal funds purchased and securities sold under agreements to repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $351.00K USD 1 Quarter
Federal funds purchased and securities sold under agreements to repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase $269.00K USD 1 Quarter
Corporate and subordinated debentures InterestExpenseSubordinatedNotesAndDebentures $4.87M USD 1 Quarter
Corporate and subordinated debentures InterestExpenseSubordinatedNotesAndDebentures $4.09M USD 1 Quarter
Total interest expense InterestExpense $16.48M USD 1 Quarter
Total interest expense InterestExpense $8.99M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $262.00M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $261.47M USD 1 Quarter
Recovery for credit losses ProvisionForLoanLossesExpensed $-8.45M USD 1 Quarter
Recovery for credit losses ProvisionForLoanLossesExpensed $-58.42M USD 1 Quarter
Net interest income after recovery for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $320.42M USD 1 Quarter
Net interest income after recovery for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $269.92M USD 1 Quarter
Other income NoninterestIncomeOther $6.80M USD 1 Quarter
Other income NoninterestIncomeOther $8.88M USD 1 Quarter
Total noninterest income NoninterestIncome $86.09M USD 1 Quarter
Total noninterest income NoninterestIncome $96.28M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $137.67M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $140.36M USD 1 Quarter
Occupancy expense OccupancyNet $21.84M USD 1 Quarter
Occupancy expense OccupancyNet $23.33M USD 1 Quarter
Information services expense InformationTechnologyAndDataProcessing $18.79M USD 1 Quarter
Information services expense InformationTechnologyAndDataProcessing $19.19M USD 1 Quarter
OREO and loan related (gain) expense OtherRealEstateOwnedExpenseAndLoanRelated $-238.00K USD 1 Quarter
OREO and loan related (gain) expense OtherRealEstateOwnedExpenseAndLoanRelated $1.00M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $8.49M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $9.16M USD 1 Quarter
Supplies, printing and postage expense SuppliesAndPostageExpense $2.19M USD 1 Quarter
Supplies, printing and postage expense SuppliesAndPostageExpense $2.67M USD 1 Quarter
Professional fees ProfessionalFees $3.75M USD 1 Quarter
Professional fees ProfessionalFees $3.27M USD 1 Quarter
FDIC assessment and other regulatory charges FederalDepositInsuranceCorporationPremiumExpense $3.84M USD 1 Quarter
FDIC assessment and other regulatory charges FederalDepositInsuranceCorporationPremiumExpense $4.81M USD 1 Quarter
Advertising and marketing MarketingAndAdvertisingExpense $1.76M USD 1 Quarter
Advertising and marketing MarketingAndAdvertisingExpense $1.74M USD 1 Quarter
Merger and branch consolidation related expense BusinessCombinationIntegrationRelatedCosts $10.01M USD 1 Quarter
Merger and branch consolidation related expense BusinessCombinationIntegrationRelatedCosts $10.28M USD 1 Quarter
Other expense OtherNoninterestExpense $14.53M USD 1 Quarter
Other expense OtherNoninterestExpense $18.85M USD 1 Quarter
Total noninterest expense NoninterestExpense $228.60M USD 1 Quarter
Total noninterest expense NoninterestExpense $228.71M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $187.99M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $127.41M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $41.04M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $27.08M USD 1 Quarter
Net income NetIncomeLoss $100.33M USD 1 Quarter
Net income NetIncomeLoss $146.95M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $2.07 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $1.40 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $2.06 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $1.39 USD 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 71.45M shares 1 Quarter
Basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 71.01M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 71.48M shares 1 Quarter
Diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 72.11M shares 1 Quarter
Cash Flow Statement 119 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $146.95M USD 1 Quarter
Net income ProfitLoss $100.33M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortizationOtherThanAmortizationOfDebtDiscountPremium $15.47M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortizationOtherThanAmortizationOfDebtDiscountPremium $16.18M USD 1 Quarter
Recovery from credit losses ProvisionForLoanLossesExpensed $-8.45M USD 1 Quarter
Recovery from credit losses ProvisionForLoanLossesExpensed $-58.42M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $21.04M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $49.07M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $6.09M USD 1 Quarter
Share-based compensation expense ShareBasedCompensation $8.49M USD 1 Quarter
Accretion of discount related to acquired loans AccretionOnLoansCoveredUnderFdicLossShareAgreements $6.74M USD 1 Quarter
Accretion of discount related to acquired loans AccretionOnLoansCoveredUnderFdicLossShareAgreements $10.42M USD 1 Quarter
Losses on disposal of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $-753.00K USD 1 Quarter
Losses on disposal of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $-812.00K USD 1 Quarter
(Gains) losses on sale of bank properties held for sale and repossessed real estate GainsLossesOnSalesOfOtherRealEstate $-2.35M USD 1 Quarter
(Gains) losses on sale of bank properties held for sale and repossessed real estate GainsLossesOnSalesOfOtherRealEstate $624.00K USD 1 Quarter
Net amortization of premiums on investment securities AdjustmentForAmortization $9.48M USD 1 Quarter
Net amortization of premiums on investment securities AdjustmentForAmortization $7.77M USD 1 Quarter
Bank properties held for sale and repossessed real estate write downs OtherRealEstateWriteDowns $469.00K USD 1 Quarter
Bank properties held for sale and repossessed real estate write downs OtherRealEstateWriteDowns $195.00K USD 1 Quarter
Fair value adjustment for loans held for sale FairValueAdjustmentForLoansHeldForSale $6.03M USD 1 Quarter
Fair value adjustment for loans held for sale FairValueAdjustmentForLoansHeldForSale $5.85M USD 1 Quarter
Originations and purchases of loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $645.34M USD 1 Quarter
Originations and purchases of loans held for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $842.80M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $702.50M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $795.12M USD 1 Quarter
Gains on sales of loans held for sale GainLossOnSaleOfLoansAndLeases $1.84M USD 1 Quarter
Gains on sales of loans held for sale GainLossOnSaleOfLoansAndLeases $20.71M USD 1 Quarter
Increase in cash surrender value of BOLI BankOwnedLifeInsuranceIncome $3.28M USD 1 Quarter
Increase in cash surrender value of BOLI BankOwnedLifeInsuranceIncome $5.26M USD 1 Quarter
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $4.63M USD 1 Quarter
Accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-4.17M USD 1 Quarter
Prepaid assets IncreaseDecreaseInPrepaidExpense $-1.69M USD 1 Quarter
Prepaid assets IncreaseDecreaseInPrepaidExpense $-3.31M USD 1 Quarter
Operating leases IncreaseDecreaseInOperatingLeaseLiability $1.64M USD 1 Quarter
Operating leases IncreaseDecreaseInOperatingLeaseLiability $33.00K USD 1 Quarter
Bank owned life insurance LifeInsuranceCorporateOrBankOwnedChangeInValue $-24.00K USD 1 Quarter
Trading securities IncreaseDecreaseInDebtSecuritiesTrading $41.41M USD 1 Quarter
Trading securities IncreaseDecreaseInDebtSecuritiesTrading $-3.46M USD 1 Quarter
Derivative assets IncreaseDecreaseInDerivativeAssets $-5.88M USD 1 Quarter
Derivative assets IncreaseDecreaseInDerivativeAssets $-397.57M USD 1 Quarter
Miscellaneous other assets IncreaseDecreaseInOtherOperatingAssets $172.20M USD 1 Quarter
Miscellaneous other assets IncreaseDecreaseInOtherOperatingAssets $75.61M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $3.04M USD 1 Quarter
Accrued interest payable IncreaseDecreaseInInterestPayableNet $1.39M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $-20.19M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInAccruedIncomeTaxesPayable $19.44M USD 1 Quarter
Derivative liabilities IncreaseDecreaseInDerivativeLiabilities $-1.97M USD 1 Quarter
Derivative liabilities IncreaseDecreaseInDerivativeLiabilities $-402.57M USD 1 Quarter
Miscellaneous other liabilities IncreaseDecreaseInOtherOperatingLiabilities $35.76M USD 1 Quarter
Miscellaneous other liabilities IncreaseDecreaseInOtherOperatingLiabilities $421.34M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $172.19M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $299.04M USD 1 Quarter
Proceeds from sales of investment securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $414.44M USD 1 Quarter
Proceeds from maturities and calls of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $16.75M USD 1 Quarter
Proceeds from maturities and calls of investment securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $40.15M USD 1 Quarter
Proceeds from maturities and calls of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $158.64M USD 1 Quarter
Proceeds from maturities and calls of investment securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $217.71M USD 1 Quarter
Proceeds from sales and redemptions of other investment securities ProceedsFromSaleOfOtherInvestments $155.00K USD 1 Quarter
Proceeds from sales and redemptions of other investment securities ProceedsFromSaleOfOtherInvestments $13.22M USD 1 Quarter
Purchases of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $980.30M USD 1 Quarter
Purchases of investment securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $850.59M USD 1 Quarter
Purchases of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $1.05B USD 1 Quarter
Purchases of investment securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $276.73M USD 1 Quarter
Purchases of other investment securities PaymentsToAcquireOtherInvestments $1.18M USD 1 Quarter
Purchases of other investment securities PaymentsToAcquireOtherInvestments $19.89M USD 1 Quarter
Net (increase) decrease in loans IncreaseDecreaseInLoansHeldForSale $-178.08M USD 1 Quarter
Net (increase) decrease in loans IncreaseDecreaseInLoansHeldForSale $243.65M USD 1 Quarter
Net cash received from (paid in) acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $39.93M USD 1 Quarter
Net cash received from (paid in) acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $-250.12M USD 1 Quarter
Recoveries of loans previously charged off ProceedsFromRecoveriesOfLoanPreviouslyChargedOff $3.17M USD 1 Quarter
Recoveries of loans previously charged off ProceedsFromRecoveriesOfLoanPreviouslyChargedOff $3.40M USD 1 Quarter
Purchase of bank owned life insurance PaymentsToAcquireLifeInsurancePolicies $80.00M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.98M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $5.58M USD 1 Quarter
Proceeds from sale of bank properties held for sale and repossessed real estate ProceedsFromSaleOfOtherRealEstate $6.60M USD 1 Quarter
Proceeds from sale of bank properties held for sale and repossessed real estate ProceedsFromSaleOfOtherRealEstate $5.45M USD 1 Quarter
Proceeds from sale of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $453.00K USD 1 Quarter
Proceeds from sale of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $952.00K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-1.49B USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-750.37M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $693.34M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $1.75B USD 1 Quarter
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet $98.92M USD 1 Quarter
Net (decrease) increase in federal funds purchased and securities sold under agreements to repurchase and other short-term borrowings IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet $-60.83M USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $88.81M USD 1 Quarter
Common stock repurchases PaymentsForRepurchaseOfCommonStock $804.00K USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $33.92M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $33.45M USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $1.77M USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $408.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $510.18M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.82B USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.36B USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-810.54M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.97B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.61B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.84B USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.03B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $5.97B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $4.61B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.84B USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.03B USD Point-in-time
Interest InterestPaidNet $5.96M USD 1 Quarter
Interest InterestPaidNet $15.08M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $2.07M USD 1 Quarter
Income taxes IncomeTaxesPaidNet $1.23M USD 1 Quarter
Recognition of operating lease assets in exchange for lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $12.43M USD 1 Quarter
Recognition of operating lease assets in exchange for lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.30M USD 1 Quarter
Fair value of tangible assets acquired FairValueOfAssetsAcquiredNetOfAdjustments $34.84M USD 1 Quarter
Fair value of tangible assets acquired FairValueOfAssetsAcquiredNetOfAdjustments $3.50B USD 1 Quarter
Other intangible assets acquired NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1 $20.79M USD 1 Quarter
Liabilities assumed LiabilitiesAssumedNetOfAdjustments $2.34M USD 1 Quarter
Liabilities assumed LiabilitiesAssumedNetOfAdjustments $3.21B USD 1 Quarter
Net identifiable assets acquired over liabilities assumed NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1 $15.82M USD 1 Quarter
Net identifiable assets acquired over liabilities assumed NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1 $342.94M USD 1 Quarter
Common stock issued in acquisition NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationCommonSharesIssued1 $659.77M USD 1 Quarter
Real estate acquired in full or in partial settlement of loans RealEstateAcquiredInFullOrInPartialSettlementOfLoans $1.15M USD 1 Quarter
Real estate acquired in full or in partial settlement of loans RealEstateAcquiredInFullOrInPartialSettlementOfLoans $1.63M USD 1 Quarter
Stockholders Equity 33 line items
Line Item Tag Value Unit Period
Common stock cash dividends declared, per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.47 USD 1 Quarter
Common stock cash dividends declared, per share (in dollars per share) CommonStockDividendsPerShareDeclared $0.49 USD 1 Quarter
Balance StockholdersEquity $5.17B USD Point-in-time
Balance StockholdersEquity $4.72B USD Point-in-time
Balance StockholdersEquity $4.80B USD Point-in-time
Balance StockholdersEquity $4.65B USD Point-in-time
Balance (in shares) CommonStockSharesOutstanding 75.76M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 69.33M shares Point-in-time
Net income NetIncomeLoss $100.33M USD 1 Quarter
Net income NetIncomeLoss $146.95M USD 1 Quarter
Other comprehensive Income (loss), net of tax effects OtherComprehensiveIncomeLossNetOfTax $-272.81M USD 1 Quarter
Other comprehensive Income (loss), net of tax effects OtherComprehensiveIncomeLossNetOfTax $-48.62M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTax $98.33M USD 1 Quarter
Total comprehensive income (loss) ComprehensiveIncomeNetOfTax $-172.48M USD 1 Quarter
Cash dividends declared on common stock per share DividendsCommonStockCash $33.38M USD 1 Quarter
Cash dividends declared on common stock per share DividendsCommonStockCash $33.82M USD 1 Quarter
Cash dividends equivalents paid on restricted stock units DividendsShareBasedCompensationCash $100.00K USD 1 Quarter
Cash dividends equivalents paid on restricted stock units DividendsShareBasedCompensationCash $68.00K USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $408.00K USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $1.77M USD 1 Quarter
Common stock repurchased - buyback plan StockRedeemedOrCalledDuringPeriodValue $86.46M USD 1 Quarter
Common stock repurchased StockRepurchasedDuringPeriodValue $804.00K USD 1 Quarter
Common stock repurchased StockRepurchasedDuringPeriodValue $2.36M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $6.09M USD 1 Quarter
Share-based compensation expense AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $8.49M USD 1 Quarter
Common stock issued for acquisition StockIssuedDuringPeriodValueAcquisitions $659.77M USD 1 Quarter
Net fair value of unvested equity awards assumed in the Atlantic Capital acquisition ValueOfStockOptionsAndRestrictedStockAcquiredAndConvertedPursuantToAcquisition $-1.98M USD 1 Quarter
Balance StockholdersEquity $5.17B USD Point-in-time
Balance StockholdersEquity $4.72B USD Point-in-time
Balance StockholdersEquity $4.80B USD Point-in-time
Balance StockholdersEquity $4.65B USD Point-in-time
Balance (in shares) CommonStockSharesOutstanding 75.76M shares Point-in-time
Balance (in shares) CommonStockSharesOutstanding 69.33M shares Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $100.33M USD 1 Quarter
Net income NetIncomeLoss $146.95M USD 1 Quarter
Unrealized holding losses arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-362.12M USD 1 Quarter
Unrealized holding losses arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-63.79M USD 1 Quarter
Tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-89.31M USD 1 Quarter
Tax effect OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-15.17M USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-48.62M USD 1 Quarter
Net of tax amount OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-272.81M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-48.62M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-272.81M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $98.33M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTax $-172.48M USD 1 Quarter

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

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