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10-Q Filing

PEAPACK GLADSTONE FINANCIAL CORP CIK: 1050743 Q1 2020
Filing Information
Form Type 10-Q
Accession Number 0001564590-20-023966
Period End Date 20200331
Filing Date 20200511
Fiscal Year 2020
Fiscal Period Q1
XBRL Instance pgc-20200331.xml
Balance Sheet 121 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 $6.59M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 500,000.00 shares Point-in-time
Cash and due from banks CashAndDueFromBanks $6.17M USD Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Federal funds sold FederalFundsSold $102.00K USD Point-in-time
Federal funds sold FederalFundsSold $102.00K USD Point-in-time
Preferred stock, liquidation preference per share PreferredStockLiquidationPreference $1.00K USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $767.73M USD Point-in-time
Interest-earning deposits InterestBearingDepositsInBanks $201.49M USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Common stock, stated value CommonStockParOrStatedValuePerShare $0.83 USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsAndFederalFundsSold $208.19M 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 $774.00M USD Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $400.56M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 20.22M shares Point-in-time
Securities available for sale AvailableForSaleSecuritiesDebtSecurities $390.75M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 20.07M shares Point-in-time
Equity security, at fair value EquitySecuritiesFvNi $14.03M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 18.85M shares Point-in-time
Equity security, at fair value EquitySecuritiesFvNi $10.84M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 18.93M shares Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $40.87M USD Point-in-time
Treasury stock, shares TreasuryStockShares 1.15M shares Point-in-time
FHLB and FRB stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $24.07M USD Point-in-time
Treasury stock, shares TreasuryStockShares 1.37M shares Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $3.85M USD Point-in-time
Loans held for sale, at fair value LoansHeldForSaleFairValueDisclosure $2.88M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $4.12M USD Point-in-time
Loans held for sale, at lower of cost or fair value LoansAndLeasesReceivableHeldAtCostOrFairValue $14.67M USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $4.41B USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $4.39B 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 $63.78M USD Point-in-time
Less: Allowance for loan and lease losses LoansAndLeasesReceivableAllowance $43.68M USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $4.35B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $4.34B USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $20.91M USD Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $21.24M USD Point-in-time
Other real estate owned OtherRealEstate $50.00K USD Point-in-time
Other real estate owned OtherRealEstate $50.00K USD Point-in-time
Accrued interest receivable InterestReceivable $10.49M USD Point-in-time
Accrued interest receivable InterestReceivable $11.82M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $46.13M USD Point-in-time
Bank owned life insurance BankOwnedLifeInsurance $46.31M USD Point-in-time
Goodwill Goodwill $30.21M USD Point-in-time
Goodwill Goodwill $30.21M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $10.06M USD Point-in-time
Other intangible assets IntangibleAssetsNetExcludingGoodwill $10.38M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAsset $4.89M USD Point-in-time
Finance lease right-of-use assets FinanceLeaseRightOfUseAsset $5.08M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $12.13M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $7.90M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $11.55M USD Point-in-time
Other assets OtherAssets $45.64M USD Point-in-time
Other assets OtherAssets $113.67M USD Point-in-time
TOTAL ASSETS Assets $4.66B USD Point-in-time
TOTAL ASSETS Assets $5.83B USD Point-in-time
TOTAL ASSETS Assets $5.18B USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $529.28M USD Point-in-time
Noninterest-bearing demand deposits NoninterestBearingDomesticDepositDemand $581.09M USD Point-in-time
Checking InterestBearingDomesticDepositChecking $1.51B USD Point-in-time
Checking InterestBearingDomesticDepositChecking $1.68B USD Point-in-time
Savings InterestBearingDomesticDepositSavings $112.67M USD Point-in-time
Savings InterestBearingDomesticDepositSavings $112.65M USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.20B USD Point-in-time
Money market accounts DepositsMoneyMarketDeposits $1.16B USD Point-in-time
Certificates of deposit - retail TimeDeposits $633.76M USD Point-in-time
Certificates of deposit - retail TimeDeposits $651.00M USD Point-in-time
Certificates of deposit - listing service ListingServiceCertificatesOfDeposit $38.90M USD Point-in-time
Certificates of deposit - listing service ListingServiceCertificatesOfDeposit $47.43M USD Point-in-time
Subtotal deposits DepositLiabilitiesExcludingBrokeredDeposits $4.03B USD Point-in-time
Subtotal deposits DepositLiabilitiesExcludingBrokeredDeposits $4.23B 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 $33.72M USD Point-in-time
Certificates of deposit - brokered BrokeredCertificatesOfDeposit $33.71M USD Point-in-time
Total deposits Deposits $4.44B USD Point-in-time
Total deposits Deposits $4.24B USD Point-in-time
Short-term borrowings ShortTermBorrowings $515.00M USD Point-in-time
Short-term borrowings ShortTermBorrowings $128.10M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $105.00M USD Point-in-time
Federal Home Loan Bank advances FederalHomeLoanBankAdvancesLongTerm $105.00M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $7.60M USD Point-in-time
Finance lease liabilities FinanceLeaseLiability $7.40M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $8.20M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $11.85M USD Point-in-time
Operating lease liabilities OperatingLeaseLiability $12.42M USD Point-in-time
Subordinated debt, net SubordinatedDebt $83.47M USD Point-in-time
Subordinated debt, net SubordinatedDebt $83.42M USD Point-in-time
Deferred tax liabilities, net DeferredTaxLiabilities $26.15M USD Point-in-time
Deferred tax liabilities, net DeferredTaxLiabilities $28.46M USD Point-in-time
Due to brokers, securities settlements DueToCorrespondentBrokers $10.88M USD Point-in-time
Due to brokers, securities settlements DueToCorrespondentBrokers $7.95M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $131.71M USD Point-in-time
Accrued expenses and other liabilities AccountsPayableAndOtherAccruedLiabilities $65.08M USD Point-in-time
TOTAL LIABILITIES Liabilities $5.34B USD Point-in-time
TOTAL LIABILITIES Liabilities $4.68B 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, 20,220,701 at March 31, 2020 and 20,074,766 at December 31, 2019; outstanding shares, 18,852,523 at March 31, 2020 and 18,926,810 at December 31, 2019 CommonStockValue $16.73M USD Point-in-time
Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 20,220,701 at March 31, 2020 and 20,074,766 at December 31, 2019; outstanding shares, 18,852,523 at March 31, 2020 and 18,926,810 at December 31, 2019 CommonStockValue $16.85M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $319.38M USD Point-in-time
Surplus StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance $320.27M USD Point-in-time
Treasury stock at cost, 1,368,178 shares at March 31, 2020 and 1,147,956 shares at December 31, 2019 TreasuryStockValue $36.48M USD Point-in-time
Treasury stock at cost, 1,368,178 shares at March 31, 2020 and 1,147,956 shares at December 31, 2019 TreasuryStockValue $29.99M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $199.45M USD Point-in-time
Retained earnings RetainedEarningsUnappropriated $199.03M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-1.50M USD Point-in-time
Accumulated other comprehensive loss, net of income tax AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.66M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $469.01M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $481.47M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $496.44M USD Point-in-time
TOTAL SHAREHOLDERS EQUITY StockholdersEquity $503.65M USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $5.83B USD Point-in-time
TOTAL LIABILITIES & SHAREHOLDERS EQUITY LiabilitiesAndStockholdersEquity $5.18B USD Point-in-time
Income Statement 79 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $40.51M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio $42.30M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $2.68M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $2.46M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $58.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $93.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $21.00K USD 1 Quarter
Interest on loans held for sale InterestAndFeeIncomeLoansAndLeasesHeldForSale $4.00K USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $1.27M USD 1 Quarter
Interest on interest-earning deposits InterestIncomeDomesticDeposits $552.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $44.56M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $45.40M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $6.44M USD 1 Quarter
Interest on savings and interest-bearing deposit accounts InterestExpenseSavingsDeposits $8.06M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $3.23M USD 1 Quarter
Interest on certificates of deposit InterestExpenseTimeDeposits $3.69M USD 1 Quarter
Interest on borrowed funds InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $1.01M USD 1 Quarter
Interest on borrowed funds InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm $834.00K USD 1 Quarter
Interest on finance lease liability FinanceLeaseInterestExpense $90.00K USD 1 Quarter
Interest on finance lease liability FinanceLeaseInterestExpense $99.00K 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 $12.46M USD 1 Quarter
Subtotal - interest expense InterestExpenseExcludingBrokeredDeposits $13.45M USD 1 Quarter
Interest on interest-bearing demand - brokered InterestExpenseDomesticDepositLiabilitiesBrokered $923.00K 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 $263.00K USD 1 Quarter
Total interest expense InterestExpense $13.65M USD 1 Quarter
Total interest expense InterestExpense $14.56M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseNet $31.75M USD 1 Quarter
NET INTEREST INCOME BEFORE PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseNet $30.01M USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $20.00M 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 $11.75M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR LOAN AND LEASE LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $29.91M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $9.96M USD 1 Quarter
Wealth management fee income WealthManagementFeeIncome $9.17M USD 1 Quarter
Service charges and fees ServiceChargesAndFees $816.00K USD 1 Quarter
Service charges and fees ServiceChargesAndFees $816.00K USD 1 Quarter
Bank owned life insurance BankOwnedLifeInsuranceIncome $328.00K 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 $47.00K USD 1 Quarter
Gains on loans held for sale at fair value (mortgage banking) GainLossOnLoansHeldForSaleAtFairValue $292.00K USD 1 Quarter
Loss on loans held for sale at lower of cost or fair value GainLossOnSalesOfLoansNet $-3.00K USD 1 Quarter
Fee income related to loan level, back-to-back swaps FeeIncomeRelatedToLoanLevelBackToBackSwaps $270.00K USD 1 Quarter
Fee income related to loan level, back-to-back swaps FeeIncomeRelatedToLoanLevelBackToBackSwaps $1.42M USD 1 Quarter
Gain on sale of SBA loans GainOnSaleOfSbaLoans $1.05M USD 1 Quarter
Gain on sale of SBA loans GainOnSaleOfSbaLoans $419.00K USD 1 Quarter
Other income NoninterestIncomeOther $459.00K USD 1 Quarter
Other income NoninterestIncomeOther $606.00K USD 1 Quarter
Securities gains, net GainLossOnInvestments $59.00K USD 1 Quarter
Securities gains, net GainLossOnInvestments $198.00K USD 1 Quarter
Total other income NoninterestIncome $14.52M 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 $19.23M USD 1 Quarter
Premises and equipment OccupancyNet $4.04M 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 $250.00K USD 1 Quarter
Other operating expense OtherExpenses $4.89M USD 1 Quarter
Other operating expense OtherExpenses $4.72M USD 1 Quarter
Total operating expenses NoninterestExpense $28.23M USD 1 Quarter
Total operating expenses NoninterestExpense $25.71M USD 1 Quarter
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-1.97M USD 1 Quarter
(LOSS)/INCOME BEFORE INCOME TAX (BENEFIT)/EXPENSE IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.92M USD 1 Quarter
Income tax (benefit)/expense IncomeTaxExpenseBenefit $-3.34M USD 1 Quarter
Income tax (benefit)/expense IncomeTaxExpenseBenefit $4.50M USD 1 Quarter
NET INCOME NetIncomeLoss $11.43M USD 1 Quarter
NET INCOME NetIncomeLoss $1.37M USD 1 Quarter
Basic EarningsPerShareBasic $0.07 USD 1 Quarter
Basic EarningsPerShareBasic $0.59 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.58 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.07 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 18.86M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 19.35M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 19.66M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 19.08M 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 $1.37M USD 1 Quarter
Depreciation Depreciation $771.00K USD 1 Quarter
Depreciation Depreciation $741.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-251.00K USD 1 Quarter
Amortization of premium and accretion of discount on securities, net AccretionAmortizationOfDiscountsAndPremiumsInvestments $-684.00K USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $1.39M USD 1 Quarter
Amortization of restricted stock RestrictedStockExpense $1.54M USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $229.00K USD 1 Quarter
Amortization of intangible assets AmortizationOfIntangibleAssets $324.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $56.00K USD 1 Quarter
Amortization of subordinated debt costs AmortizationOfFinancingCosts $56.00K USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $20.00M USD 1 Quarter
Provision for loan and lease losses ProvisionForLoanAndLeaseLosses $100.00K USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-3.52M USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-4.11M USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense EmployeeStockOwnershipPlanESOPCompensationExpense $45.00K USD 1 Quarter
Stock-based compensation and employee stock purchase plan expense EmployeeStockOwnershipPlanESOPCompensationExpense $41.00K USD 1 Quarter
Fair value adjustment for equity security EquitySecuritiesFvNiUnrealizedGainLoss $198.00K USD 1 Quarter
Fair value adjustment for equity security EquitySecuritiesFvNiUnrealizedGainLoss $59.00K USD 1 Quarter
Loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $30.25M 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 $31.09M USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $1.35M USD 1 Quarter
Gain on loans held for sale GainsLossesOneLoansOriginatedForResale $466.00K USD 1 Quarter
Loss on loans held for sale at lower of cost or fair value GainLossOnSalesOfLoansNet $-3.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $181.00K USD 1 Quarter
Increase in cash surrender value of life insurance, net LifeInsuranceCorporateOrBankOwnedChangeInValue $201.00K USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $874.00K USD 1 Quarter
Increase in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $1.31M USD 1 Quarter
(Increase)/decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-16.41M USD 1 Quarter
(Increase)/decrease in other assets IncreaseDecreaseInOtherOperatingAssets $7.53M USD 1 Quarter
(Decrease)/increase in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $7.67M USD 1 Quarter
(Decrease)/increase in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-4.17M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $7.38M 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 ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $31.04M USD 1 Quarter
Principal repayments, maturities and calls of securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $49.06M USD 1 Quarter
Redemptions of FHLB and FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $12.07M USD 1 Quarter
Redemptions of FHLB and FRB stock ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock $135.00K USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $24.85M USD 1 Quarter
Purchase of securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $53.48M USD 1 Quarter
Purchase of equity securities PaymentsToAcquireEquitySecurities $3.00M USD 1 Quarter
Purchase of FHLB and FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $62.00K USD 1 Quarter
Purchase of FHLB and FRB stock PaymentsToAcquireFederalHomeLoanBankStockAndFederalReserveBankStock $28.88M USD 1 Quarter
Proceeds from sales of loans held for sale at lower of cost or fair value PaymentsForProceedsFromSalesOfLoansHeldForSaleAtLowerOfCostOrFairValue $-10.07M USD 1 Quarter
Net (increase)/decrease in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $-32.95M USD 1 Quarter
Net (increase)/decrease in loans, net of participations sold PaymentsForProceedsFromLoansAndLeases $13.76M USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $914.00K USD 1 Quarter
Purchase of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $173.00K USD 1 Quarter
NET CASH (USED IN)/PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $28.42M USD 1 Quarter
NET CASH (USED IN)/PROVIDED BY INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-18.23M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $197.72M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $23.87M USD 1 Quarter
Net increase in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $386.90M USD 1 Quarter
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $3.00M USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $967.00K USD 1 Quarter
Dividends paid on common stock PaymentsOfDividendsCommonStock $949.00K USD 1 Quarter
Exercise of Stock Options, net of stock swaps ProceedsFromStockOptionsExercised $4.00K USD 1 Quarter
Exercise of Stock Options, net of stock swaps ProceedsFromStockOptionsExercised $75.00K USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $601.00K USD 1 Quarter
Restricted stock repurchased on vesting to pay taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $964.00K USD 1 Quarter
Issuance of shares for employee stock purchase plan ProceedsFromStockPlans $294.00K USD 1 Quarter
Purchase of treasury shares PaymentsForRepurchaseOfCommonStock $6.49M USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $576.66M USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $19.23M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $79.54M USD 1 Quarter
Net increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $565.82M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $208.19M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $240.31M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $160.77M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $774.00M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $208.19M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $240.31M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $160.77M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $774.00M USD Point-in-time
Interest InterestPaidNet $12.99M USD 1 Quarter
Interest InterestPaidNet $12.42M USD 1 Quarter
Income tax, net IncomeTaxesPaidNet $206.00K USD 1 Quarter
Income tax, net IncomeTaxesPaidNet $265.00K USD 1 Quarter
Securities purchase settled in subsequent period SecurityPurchaseSettledInSubsequentPeriod $10.88M USD 1 Quarter
Stockholders Equity 30 line items
Line Item Tag Value Unit Period
Shares outstanding CommonStockSharesOutstanding 18.85M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 18.93M shares Point-in-time
Common stock options exercised, shares StockIssuedDuringPeriodSharesStockOptionsExercised 5,600.00 shares 1 Quarter
Balance StockholdersEquity $469.01M USD Point-in-time
Balance StockholdersEquity $481.47M USD Point-in-time
Balance StockholdersEquity $496.44M USD Point-in-time
Balance StockholdersEquity $503.65M USD Point-in-time
Issuance of shares for Employee Stock Purchase Plan, shares StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 10,176.00 shares 1 Quarter
Issuance of shares for Employee Stock Purchase Plan, shares StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans 0.00 shares 1 Quarter
Adjusted Balance StockholdersEquityAdjustedBalance $469.67M USD Point-in-time
Net income NetIncomeLoss $11.43M USD 1 Quarter
Net income NetIncomeLoss $1.37M USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $616.00K USD 1 Quarter
Other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-2.16M USD 1 Quarter
Shares outstanding CommonStockSharesOutstanding 18.85M shares Point-in-time
Shares outstanding CommonStockSharesOutstanding 18.93M shares Point-in-time
Restricted stock units/awards repurchased on vesting to pay taxes RestrictedStockUnitsOrAwardsRepurchasedOnVestingToPayTaxesValue $964.00K USD 1 Quarter
Restricted stock units/awards repurchased on vesting to pay taxes RestrictedStockUnitsOrAwardsRepurchasedOnVestingToPayTaxesValue $601.00K USD 1 Quarter
Amortization of restricted stock awards/units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $1.54M USD 1 Quarter
Amortization of restricted stock awards/units AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $1.39M USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $967.00K USD 1 Quarter
Cash dividends declared on common stock DividendsCommonStockCash $949.00K USD 1 Quarter
Share repurchase TreasuryStockValueAcquiredCostMethod $6.49M USD 1 Quarter
Common stock options exercised StockIssuedDuringPeriodValueShareBasedCompensationGross $75.00K USD 1 Quarter
Common stock options exercised StockIssuedDuringPeriodValueShareBasedCompensationGross $4.00K USD 1 Quarter
Issuance of shares for Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $294.00K USD 1 Quarter
Balance StockholdersEquity $469.01M USD Point-in-time
Balance StockholdersEquity $481.47M USD Point-in-time
Balance StockholdersEquity $496.44M USD Point-in-time
Balance StockholdersEquity $503.65M USD Point-in-time
Comprehensive Income 24 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $11.43M USD 1 Quarter
Net income NetIncomeLoss $1.37M 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 $5.80M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $5.80M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $2.29M USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $1.41M USD 1 Quarter
Tax effect OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent $560.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $4.39M USD 1 Quarter
Net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $1.73M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-8.88M USD 1 Quarter
Unrealized holding gains/(losses) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-1.55M USD 1 Quarter
Reclassification adjustment for amounts included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $71.00K USD 1 Quarter
Reclassification adjustment for amounts included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $31.00K USD 1 Quarter
Before tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent $-8.95M USD 1 Quarter
Before tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent $-1.58M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent $-2.40M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent $-466.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-6.55M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent $-1.11M USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $616.00K USD 1 Quarter
Total other comprehensive income/(loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-2.16M USD 1 Quarter
Total comprehensive income/(loss) ComprehensiveIncomeNetOfTax $-791.00K USD 1 Quarter
Total comprehensive income/(loss) 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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