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10-Q Filing

PEAPACK GLADSTONE FINANCIAL CORP CIK: 1050743 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001564590-19-017601
Period End Date 20190331
Filing Date 20190509
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance pgc-20190331.xml
Balance Sheet 113 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
Cash and due from banks CashAndDueFromBanks $4.73M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Cash and due from banks CashAndDueFromBanks $5.91M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Federal funds sold FederalFundsSold $101.00K 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
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $235.49M USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $154.76M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $240.31M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $153.52M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 42.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 42.00M shares Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $113.45M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $160.77M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 19.75M shares Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $377.94M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 19.85M shares Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $384.40M USD Point-in-time
Equity security, at fair value EquitySecuritiesFvNi $4.72M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 19.45M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 19.34M shares Point-in-time
Equity security, at fair value EquitySecuritiesFvNi $4.78M USD Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $18.53M USD Point-in-time
Treasury stock, shares TreasuryStockShares 408,178.00 shares Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $18.46M USD Point-in-time
Treasury stock, shares TreasuryStockShares 408,178.00 shares Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $1.58M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $3.54M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $3.93M USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $3.93B USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $3.90B USD Point-in-time
Less: Allowance for loan and lease losses LoansAndLeasesReceivableAllowance $36.44M USD Point-in-time
Less: Allowance for loan and lease losses LoansAndLeasesReceivableAllowance $38.50M USD Point-in-time
Less: Allowance for loan and lease losses LoansAndLeasesReceivableAllowance $38.65M USD Point-in-time
Less: Allowance for loan and lease losses LoansAndLeasesReceivableAllowance $37.70M USD Point-in-time
Net loans LoansReceivableNet $3.89B USD Point-in-time
Net loans LoansReceivableNet $3.86B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $27.41M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $21.20M USD Point-in-time
Accrued interest receivable InterestReceivable $10.81M USD Point-in-time
Accrued interest receivable InterestReceivable $11.69M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $45.35M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $45.55M USD Point-in-time
Goodwill Goodwill $24.42M USD Point-in-time
Goodwill Goodwill $24.42M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $7.75M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $7.98M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAsset $5.64M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $7.90M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $7.54M USD Point-in-time
Other assets OtherAssets $45.38M USD Point-in-time
Other assets OtherAssets $27.87M USD Point-in-time
TOTAL ASSETS Assets $4.34B USD Point-in-time
TOTAL ASSETS Assets $4.62B USD Point-in-time
TOTAL ASSETS Assets $4.66B USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $463.93M USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $476.01M USD Point-in-time
Checking InterestBearingDomesticDepositChecking $1.25B USD Point-in-time
Checking InterestBearingDomesticDepositChecking $1.27B USD Point-in-time
Savings InterestBearingDomesticDepositSavings $114.67M USD Point-in-time
Savings InterestBearingDomesticDepositSavings $114.86M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.21B USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.24B USD Point-in-time
Certificates of deposit - retail TimeDeposits $545.45M USD Point-in-time
Certificates of deposit - retail TimeDeposits $510.72M USD Point-in-time
Certificates of deposit - listing service ListingServiceCertificatesOfDeposit $68.06M USD Point-in-time
Certificates of deposit - listing service ListingServiceCertificatesOfDeposit $79.19M USD Point-in-time
Subtotal deposits DepositLiabilitiesExcludingBrokeredDeposits $3.66B USD Point-in-time
Subtotal deposits DepositLiabilitiesExcludingBrokeredDeposits $3.68B 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 $56.15M USD Point-in-time
Certificates of deposit - brokered BrokeredCertificatesOfDeposit $56.16M USD Point-in-time
Total deposits Deposits $3.90B USD Point-in-time
Total deposits Deposits $3.92B USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $105.00M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $108.00M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $8.18M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $8.36M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $7.68M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $8.20M USD Point-in-time
Subordinated debt, net SubordinatedDebt $83.25M USD Point-in-time
Subordinated debt, net SubordinatedDebt $83.19M USD Point-in-time
Deferred tax liabilities, net DeferredTaxLiabilities $12.15M USD Point-in-time
Deferred tax liabilities, net DeferredTaxLiabilities $16.03M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $45.37M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $37.92M USD Point-in-time
TOTAL LIABILITIES Liabilities $4.18B USD Point-in-time
TOTAL LIABILITIES Liabilities $4.15B 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; authorized 42,000,000 shares; issued shares, 19,853,541 at March 31, 2019 and 19,745,840 at December 31, 2018; outstanding shares, 19,445,363 at March 31, 2019 and 19,337,662 at December 31, 2018 CommonStockValue $16.46M USD Point-in-time
Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 19,853,541 at March 31, 2019 and 19,745,840 at December 31, 2018; outstanding shares, 19,445,363 at March 31, 2019 and 19,337,662 at December 31, 2018 CommonStockValue $16.55M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $309.09M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $309.72M USD Point-in-time
Treasury stock at cost, 408,178 shares at both March 31, 2019 and December 31, 2018 TreasuryStockValue $8.99M USD Point-in-time
Treasury stock at cost, 408,178 shares at both March 31, 2019 and December 31, 2018 TreasuryStockValue $8.99M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $165.92M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $154.80M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.35M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.73M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $403.68M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $422.41M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $481.47M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $469.01M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $4.66B USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $4.62B USD Point-in-time
Income Statement 78 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $40.51M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $34.67M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $1.93M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $2.68M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $93.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $109.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $4.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $10.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $357.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $1.27M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $44.56M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $37.07M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $3.72M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $8.06M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $2.15M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $3.23M USD 1 Quarter
Interest on borrowed funds InterestExpenseBorrowings $834.00K USD 1 Quarter
Interest on borrowed funds InterestExpenseBorrowings $370.00K USD 1 Quarter
Interest on finance lease liability FinanceLeaseInterestExpense $99.00K USD 1 Quarter
Interest on finance lease liability FinanceLeaseInterestExpense $107.00K USD 1 Quarter
Interest on subordinated debt InterestExpenseSubordinatedNotesAndDebentures $1.22M USD 1 Quarter
Interest on subordinated debt InterestExpenseSubordinatedNotesAndDebentures $1.22M USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $13.45M USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $7.57M USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $680.00K USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $739.00K USD 1 Quarter
Interest on certificates of deposits - brokered InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered $365.00K USD 1 Quarter
Interest on certificates of deposits - brokered InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered $429.00K USD 1 Quarter
Total interest expense InterestExpense $8.68M USD 1 Quarter
Total interest expense InterestExpense $14.56M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseNet $30.01M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseNet $28.39M USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $1.25M USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $100.00K USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $27.14M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $29.91M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $9.17M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $8.37M USD 1 Quarter
Service charges and fees ServiceChargesAndFees $831.00K USD 1 Quarter
Service charges and fees ServiceChargesAndFees $816.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $336.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $338.00K USD 1 Quarter
Gains on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $94.00K USD 1 Quarter
Gains on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $47.00K USD 1 Quarter
Fee income related to loan level, back-to-back swaps NoninterestIncomeOtherOperatingIncome $270.00K USD 1 Quarter
Fee income related to loan level, back-to-back swaps NoninterestIncomeOtherOperatingIncome $252.00K USD 1 Quarter
Gain on sale of SBA loans GainOnSaleOfSbaLoans $31.00K USD 1 Quarter
Gain on sale of SBA loans GainOnSaleOfSbaLoans $419.00K USD 1 Quarter
Other income NoninterestIncomeOther $606.00K USD 1 Quarter
Other income NoninterestIncomeOther $382.00K USD 1 Quarter
Securities gains/(losses), net GainLossOnInvestments $59.00K USD 1 Quarter
Securities gains/(losses), net GainLossOnInvestments $-78.00K USD 1 Quarter
Total other income NoninterestIncome $10.21M USD 1 Quarter
Total other income NoninterestIncome $11.73M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $17.16M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $14.58M USD 1 Quarter
Premises and equipment OccupancyNet $3.27M USD 1 Quarter
Premises and equipment OccupancyNet $3.39M USD 1 Quarter
FDIC insurance expense FederalDepositInsuranceCorporationPremiumExpense $277.00K USD 1 Quarter
FDIC insurance expense FederalDepositInsuranceCorporationPremiumExpense $580.00K USD 1 Quarter
Other operating expense OtherExpenses $4.89M USD 1 Quarter
Other operating expense OtherExpenses $4.91M USD 1 Quarter
Total operating expenses NoninterestExpense $25.71M USD 1 Quarter
Total operating expenses NoninterestExpense $23.34M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.92M USD 1 Quarter
INCOME BEFORE INCOME TAX EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $14.02M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $4.50M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.21M USD 1 Quarter
NET INCOME NetIncomeLoss $10.81M USD 1 Quarter
NET INCOME NetIncomeLoss $11.43M USD 1 Quarter
Basic EarningsPerShareBasic $0.58 USD 1 Quarter
Basic EarningsPerShareBasic $0.59 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.57 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.58 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 18.61M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 19.35M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 19.66M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 18.91M shares 1 Quarter
Cash Flow Statement 82 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $11.43M USD 1 Quarter
Net income ProfitLoss $10.81M USD 1 Quarter
Depreciation Depreciation $741.00K USD 1 Quarter
Depreciation Depreciation $799.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-368.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-251.00K USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $976.00K USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $1.39M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $180.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $229.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $56.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $55.00K USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $1.25M USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $100.00K USD 1 Quarter
Deferred tax (benefit)/expense DeferredIncomeTaxExpenseBenefit $-4.11M USD 1 Quarter
Deferred tax (benefit)/expense DeferredIncomeTaxExpenseBenefit $391.00K USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense ShareBasedCompensation $45.00K USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense ShareBasedCompensation $53.00K USD 1 Quarter
Fair value adjustment for equity security EquitySecuritiesFvNiUnrealizedGainLoss $-78.00K USD 1 Quarter
Fair value adjustment for equity security EquitySecuritiesFvNiUnrealizedGainLoss $59.00K USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $10.88M USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $10.03M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $9.30M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $8.75M USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $466.00K USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $125.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $201.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $193.00K USD 1 Quarter
(Increase)/decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-2.15M USD 1 Quarter
(Increase)/decrease in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $874.00K USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-1.74M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-16.41M USD 1 Quarter
Increase/(decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $7.67M USD 1 Quarter
Increase/(decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-2.32M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $14.08M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $31.89M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $15.82M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities $49.06M USD 1 Quarter
Redemptions of FHLB & FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $135.00K USD 1 Quarter
Redemptions of FHLB & FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $20.85M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $38.91M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $53.48M USD 1 Quarter
Purchase of FHLB & FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $31.17M USD 1 Quarter
Purchase of FHLB & FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $62.00K USD 1 Quarter
Net decrease/(increase) in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $3.85M USD 1 Quarter
Net decrease/(increase) in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $-32.95M USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $246.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $173.00K USD 1 Quarter
NET CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-37.52M USD 1 Quarter
NET CASH PROVIDED BY/(USED IN) INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $28.42M USD 1 Quarter
Net increase/(decrease) in deposits IncreaseDecreaseInDeposits $23.87M USD 1 Quarter
Net increase/(decrease) in deposits IncreaseDecreaseInDeposits $-146.20M USD 1 Quarter
Net increase in overnight borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess - USD 1 Quarter
Net increase in overnight borrowings ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess $216.00M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $3.00M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $15.00M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $967.00K USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $853.00K USD 1 Quarter
Exercise of Stock Options, net of stock swaps ProceedsFromStockOptionsExercised $52.00K USD 1 Quarter
Exercise of Stock Options, net of stock swaps ProceedsFromStockOptionsExercised $4.00K USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $964.00K USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.34M USD 1 Quarter
Sales of common shares (Dividend Reinvestment Program) ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan - USD 1 Quarter
Sales of common shares (Dividend Reinvestment Program) ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan $10.62M USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $294.00K USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $221.00K USD 1 Quarter
NET CASH PROVIDED BY IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $63.50M USD 1 Quarter
NET CASH PROVIDED BY IN FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $19.23M USD 1 Quarter
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $40.07M USD 1 Quarter
Net increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $79.54M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $240.31M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $153.52M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $113.45M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsAndFederalFundsSold $160.77M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $240.31M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $153.52M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $113.45M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsAndFederalFundsSold $160.77M USD Point-in-time
Interest InterestPaidNet $12.99M USD 1 Quarter
Interest InterestPaidNet $6.92M USD 1 Quarter
Income tax, net IncomeTaxesPaid $265.00K USD 1 Quarter
Income tax, net IncomeTaxesPaid $529.00K USD 1 Quarter
Stockholders Equity 31 line items
Line Item Tag Value Unit Period
Shares outstanding CommonStockSharesOutstanding 19.45M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 19.34M shares Point-in-time
Balance StockholdersEquity $403.68M USD Point-in-time
Balance StockholdersEquity $422.41M USD Point-in-time
Balance StockholdersEquity $481.47M USD Point-in-time
Balance StockholdersEquity $469.01M USD Point-in-time
Net income NetIncomeLoss $10.81M USD 1 Quarter
Net income NetIncomeLoss $11.43M USD 1 Quarter
Common stock options exercised, shares StockIssuedDuringPeriodSharesStockOptionsExercised 300.00 shares 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $616.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-1.76M USD 1 Quarter
Cumulative adjustment for leases (ASC 842) NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification $661.00K USD 1 Quarter
Restricted stock units/awards repurchased on vesting to pay taxes RestrictedStockUnitsOrAwardsRrepurchasedOnVestingToPayTaxesValue $964.00K USD 1 Quarter
Restricted stock units/awards repurchased on vesting to pay taxes RestrictedStockUnitsOrAwardsRrepurchasedOnVestingToPayTaxesValue $1.34M USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan, shares StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 10,176.00 shares 1 Quarter
Amortization of restricted stock awards/units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $976.00K USD 1 Quarter
Amortization of restricted stock awards/units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $1.39M USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan, shares StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 6,363.00 shares 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $967.00K USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $853.00K USD 1 Quarter
Common stock options exercised StockIssuedDuringPeriodValueShareBasedCompensationGross $4.00K USD 1 Quarter
Shares outstanding CommonStockSharesOutstanding 19.45M shares Point-in-time
Common stock options exercised StockIssuedDuringPeriodValueShareBasedCompensationGross $52.00K USD 1 Quarter
Shares outstanding CommonStockSharesOutstanding 19.34M shares Point-in-time
Sales of shares (dividend reinvestment program) StockIssuedDuringPeriodValueDividendReinvestmentPlan $10.62M USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $294.00K USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $221.00K USD 1 Quarter
Balance StockholdersEquity $403.68M USD Point-in-time
Balance StockholdersEquity $422.41M USD Point-in-time
Balance StockholdersEquity $481.47M USD Point-in-time
Balance StockholdersEquity $469.01M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $10.81M USD 1 Quarter
Net income NetIncomeLoss $11.43M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $2.29M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-2.93M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $-2.93M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $2.29M USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $-676.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $560.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $1.73M USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-2.26M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-1.55M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $741.00K USD 1 Quarter
Reclassification adjustment for amounts included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $31.00K USD 1 Quarter
Reclassification adjustment for amounts included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $31.00K USD 1 Quarter
Before tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax $710.00K USD 1 Quarter
Before tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax $-1.58M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-466.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $209.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-1.11M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $501.00K USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $616.00K USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTax $-1.76M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $9.05M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $12.04M USD 1 Quarter

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

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