10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001564590-21-025820 |
| Period End Date | 20210331 |
| Filing Date | 20210510 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | pgc-10q_20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
117 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Preferred stock, par value |
PreferredStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
500,000.00 | shares | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$10.63M | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
500,000.00 | shares | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$8.16M | 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 |
| Preferred stock, liquidation preference per share |
PreferredStockLiquidationPreference
|
$1.00K | USD | Point-in-time |
| Interest-earning deposits |
InterestBearingDepositsInBanks
|
$642.59M | 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 |
| Interest-earning deposits |
InterestBearingDepositsInBanks
|
$468.28M | USD | Point-in-time |
| Total cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$476.54M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
42.00M | shares | Point-in-time |
| Total cash and cash equivalents |
CashCashEquivalentsAndFederalFundsSold
|
$653.32M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
42.00M | shares | Point-in-time |
| Securities available for sale |
AvailableForSaleSecuritiesDebtSecurities
|
$875.30M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
20.56M | shares | Point-in-time |
| Securities available for sale |
AvailableForSaleSecuritiesDebtSecurities
|
$622.69M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
20.34M | shares | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$15.12M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
18.97M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
19.03M | shares | Point-in-time |
| Equity security, at fair value |
EquitySecuritiesFvNi
|
$14.85M | USD | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
1.37M | shares | Point-in-time |
| Treasury stock, shares |
TreasuryStockShares
|
1.53M | shares | Point-in-time |
| FHLB and FRB stock, at cost |
FederalHomeLoanBankStockAndFederalReserveBankStock
|
$13.71M | USD | Point-in-time |
| FHLB and FRB stock, at cost |
FederalHomeLoanBankStockAndFederalReserveBankStock
|
$13.70M | USD | Point-in-time |
| Loans held for sale, at fair value |
LoansHeldForSaleFairValueDisclosure
|
$9.22M | USD | Point-in-time |
| Loans held for sale, at fair value |
LoansHeldForSaleFairValueDisclosure
|
$13.59M | USD | Point-in-time |
| Loans held for sale, at lower of cost or fair value |
LoansAndLeasesReceivableHeldAtCostOrFairValue
|
$18.52M | USD | Point-in-time |
| Loans held for sale, at lower of cost or fair value |
LoansAndLeasesReceivableHeldAtCostOrFairValue
|
$53.19M | USD | Point-in-time |
| Loans |
LoansAndLeasesReceivableNetOfDeferredIncome
|
$4.37B | USD | Point-in-time |
| Loans |
LoansAndLeasesReceivableNetOfDeferredIncome
|
$4.38B | USD | Point-in-time |
| Less: Allowance for loan and lease losses |
LoansAndLeasesReceivableAllowance
|
$43.68M | 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
|
$67.31M | USD | Point-in-time |
| Less: Allowance for loan and lease losses |
LoansAndLeasesReceivableAllowance
|
$67.54M | USD | Point-in-time |
| Net loans |
LoansAndLeasesReceivableNetReportedAmount
|
$4.31B | USD | Point-in-time |
| Net loans |
LoansAndLeasesReceivableNetReportedAmount
|
$4.31B | USD | Point-in-time |
| Premises and equipment |
PropertyPlantAndEquipmentNet
|
$23.26M | USD | Point-in-time |
| Premises and equipment |
PropertyPlantAndEquipmentNet
|
$21.61M | 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
|
$23.92M | USD | Point-in-time |
| Accrued interest receivable |
InterestReceivable
|
$22.50M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$46.45M | USD | Point-in-time |
| Bank owned life insurance |
BankOwnedLifeInsurance
|
$46.81M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$33.10M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$33.10M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$10.79M | USD | Point-in-time |
| Other intangible assets |
IntangibleAssetsNetExcludingGoodwill
|
$10.42M | USD | Point-in-time |
| Finance lease right-of-use assets |
FinanceLeaseRightOfUseAsset
|
$4.14M | USD | Point-in-time |
| Finance lease right-of-use assets |
FinanceLeaseRightOfUseAsset
|
$4.33M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$10.19M | USD | Point-in-time |
| Operating lease right-of-use assets |
OperatingLeaseRightOfUseAsset
|
$9.42M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$64.91M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$99.76M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$5.89B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$5.83B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$5.97B | USD | Point-in-time |
| Noninterest-bearing demand deposits |
NoninterestBearingDomesticDepositDemand
|
$833.50M | USD | Point-in-time |
| Noninterest-bearing demand deposits |
NoninterestBearingDomesticDepositDemand
|
$908.92M | USD | Point-in-time |
| Checking |
InterestBearingDomesticDepositChecking
|
$1.85B | USD | Point-in-time |
| Checking |
InterestBearingDomesticDepositChecking
|
$1.99B | USD | Point-in-time |
| Savings |
InterestBearingDomesticDepositSavings
|
$141.74M | USD | Point-in-time |
| Savings |
InterestBearingDomesticDepositSavings
|
$130.73M | USD | Point-in-time |
| Money market accounts |
DepositsMoneyMarketDeposits
|
$1.30B | USD | Point-in-time |
| Money market accounts |
DepositsMoneyMarketDeposits
|
$1.26B | USD | Point-in-time |
| Certificates of deposit - retail |
TimeDeposits
|
$474.67M | USD | Point-in-time |
| Certificates of deposit - retail |
TimeDeposits
|
$530.22M | USD | Point-in-time |
| Certificates of deposit - listing service |
ListingServiceCertificatesOfDeposit
|
$32.13M | USD | Point-in-time |
| Certificates of deposit - listing service |
ListingServiceCertificatesOfDeposit
|
$31.63M | USD | Point-in-time |
| Subtotal deposits |
DepositLiabilitiesExcludingBrokeredDeposits
|
$4.67B | USD | Point-in-time |
| Subtotal deposits |
DepositLiabilitiesExcludingBrokeredDeposits
|
$4.80B | USD | Point-in-time |
| Interest-bearing demand - brokered |
InterestBearingDomesticDepositBrokered
|
$110.00M | USD | Point-in-time |
| Interest-bearing demand - brokered |
InterestBearingDomesticDepositBrokered
|
$110.00M | USD | Point-in-time |
| Certificates of deposit - brokered |
BrokeredCertificatesOfDeposit
|
$33.76M | USD | Point-in-time |
| Certificates of deposit - brokered |
BrokeredCertificatesOfDeposit
|
$33.78M | USD | Point-in-time |
| Total deposits |
Deposits
|
$4.82B | USD | Point-in-time |
| Total deposits |
Deposits
|
$4.94B | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
$15.00M | USD | Point-in-time |
| Short-term borrowings |
ShortTermBorrowings
|
$15.00M | USD | Point-in-time |
| Paycheck Protection Program Liquidity Facility |
PaycheckProtectionProgramLiquidityFacility
|
$168.18M | USD | Point-in-time |
| Paycheck Protection Program Liquidity Facility |
PaycheckProtectionProgramLiquidityFacility
|
$177.09M | USD | Point-in-time |
| Finance lease liabilities |
FinanceLeaseLiability
|
$6.75M | USD | Point-in-time |
| Finance lease liabilities |
FinanceLeaseLiability
|
$6.53M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$9.74M | USD | Point-in-time |
| Operating lease liabilities |
OperatingLeaseLiability
|
$10.51M | USD | Point-in-time |
| Subordinated debt, net |
SubordinatedDebt
|
$181.84M | USD | Point-in-time |
| Subordinated debt, net |
SubordinatedDebt
|
$181.79M | USD | Point-in-time |
| Deferred tax liabilities, net |
DeferredIncomeTaxLiabilitiesNet
|
$32.98M | USD | Point-in-time |
| Deferred tax liabilities, net |
DeferredIncomeTaxLiabilitiesNet
|
$28.34M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccountsPayableAndOtherAccruedLiabilities
|
$121.49M | USD | Point-in-time |
| Accrued expenses and other liabilities |
AccountsPayableAndOtherAccruedLiabilities
|
$91.88M | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$5.45B | USD | Point-in-time |
| TOTAL LIABILITIES |
Liabilities
|
$5.36B | 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, 20,561,081 at March 31, 2021 and 20,342,881 at December 31, 2020; outstanding shares, 19,034,870 at March 31, 2021 and 18,974,703 at December 31, 2020 |
CommonStockValue
|
$16.96M | USD | Point-in-time |
| Common stock (no par value; stated value $0.83 per share; authorized 42,000,000 shares; issued shares, 20,561,081 at March 31, 2021 and 20,342,881 at December 31, 2020; outstanding shares, 19,034,870 at March 31, 2021 and 18,974,703 at December 31, 2020 |
CommonStockValue
|
$17.14M | USD | Point-in-time |
| Surplus |
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
$326.59M | USD | Point-in-time |
| Surplus |
StatutoryAccountingPracticesStatutoryCapitalAndSurplusBalance
|
$326.25M | USD | Point-in-time |
| Treasury stock at cost, 1,526,211 shares at March 31, 2021 and 1,368,178 shares at December 31, 2020 |
TreasuryStockValue
|
$40.86M | USD | Point-in-time |
| Treasury stock at cost, 1,526,211 shares at March 31, 2021 and 1,368,178 shares at December 31, 2020 |
TreasuryStockValue
|
$36.48M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsUnappropriated
|
$233.67M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsUnappropriated
|
$221.44M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of income tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-1.39M | USD | Point-in-time |
| Accumulated other comprehensive loss, net of income tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-13.76M | USD | Point-in-time |
| TOTAL SHAREHOLDERS EQUITY |
StockholdersEquity
|
$503.65M | USD | Point-in-time |
| TOTAL SHAREHOLDERS EQUITY |
StockholdersEquity
|
$527.12M | USD | Point-in-time |
| TOTAL SHAREHOLDERS EQUITY |
StockholdersEquity
|
$496.44M | USD | Point-in-time |
| TOTAL SHAREHOLDERS EQUITY |
StockholdersEquity
|
$522.44M | USD | Point-in-time |
| TOTAL LIABILITIES & SHAREHOLDERS EQUITY |
LiabilitiesAndStockholdersEquity
|
$5.89B | USD | Point-in-time |
| TOTAL LIABILITIES & SHAREHOLDERS EQUITY |
LiabilitiesAndStockholdersEquity
|
$5.97B | USD | Point-in-time |
Income Statement
81 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest and fees on loans |
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
$42.30M | USD | 1 Quarter |
| Interest and fees on loans |
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
|
$35.38M | USD | 1 Quarter |
| Taxable |
InterestIncomeSecuritiesTaxable
|
$2.46M | USD | 1 Quarter |
| Taxable |
InterestIncomeSecuritiesTaxable
|
$2.63M | USD | 1 Quarter |
| Tax-exempt |
InterestIncomeSecuritiesTaxExempt
|
$58.00K | USD | 1 Quarter |
| Tax-exempt |
InterestIncomeSecuritiesTaxExempt
|
$43.00K | USD | 1 Quarter |
| Interest on loans held for sale |
InterestAndFeeIncomeLoansAndLeasesHeldForSale
|
$55.00K | USD | 1 Quarter |
| Interest on loans held for sale |
InterestAndFeeIncomeLoansAndLeasesHeldForSale
|
$21.00K | USD | 1 Quarter |
| Interest on interest-earning deposits |
InterestIncomeDomesticDeposits
|
$128.00K | USD | 1 Quarter |
| Interest on interest-earning deposits |
InterestIncomeDomesticDeposits
|
$552.00K | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$45.40M | USD | 1 Quarter |
| Total interest income |
InterestAndDividendIncomeOperating
|
$38.24M | USD | 1 Quarter |
| Interest on savings and interest-bearing deposit accounts |
InterestExpenseSavingsDeposits
|
$1.79M | USD | 1 Quarter |
| Interest on savings and interest-bearing deposit accounts |
InterestExpenseSavingsDeposits
|
$6.44M | USD | 1 Quarter |
| Interest on certificates of deposit |
InterestExpenseTimeDeposits
|
$1.47M | 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
|
$209.00K | USD | 1 Quarter |
| Interest on finance lease liability |
FinanceLeaseInterestExpense
|
$90.00K | USD | 1 Quarter |
| Interest on finance lease liability |
FinanceLeaseInterestExpense
|
$79.00K | USD | 1 Quarter |
| Interest on subordinated debt |
InterestExpenseSubordinatedNotesAndDebentures
|
$2.15M | USD | 1 Quarter |
| Interest on subordinated debt |
InterestExpenseSubordinatedNotesAndDebentures
|
$1.22M | USD | 1 Quarter |
| Subtotal - interest expense |
InterestExpenseExcludingBrokeredDeposits
|
$5.69M | USD | 1 Quarter |
| Subtotal - interest expense |
InterestExpenseExcludingBrokeredDeposits
|
$12.46M | USD | 1 Quarter |
| Interest on interest-bearing demand - brokered |
InterestExpenseDomesticDepositLiabilitiesBrokered
|
$493.00K | USD | 1 Quarter |
| Interest on interest-bearing demand - brokered |
InterestExpenseDomesticDepositLiabilitiesBrokered
|
$923.00K | USD | 1 Quarter |
| Interest on certificates of deposits - brokered |
InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered
|
$263.00K | USD | 1 Quarter |
| Interest on certificates of deposits - brokered |
InterestExpenseDomesticCertificatesOfDepositLiabilitiesBrokered
|
$261.00K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$13.65M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$6.45M | 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
|
$31.79M | USD | 1 Quarter |
| Provision for loan and lease losses |
ProvisionForLoanAndLeaseLosses
|
$20.00M | USD | 1 Quarter |
| Provision for loan and lease losses |
ProvisionForLoanAndLeaseLosses
|
$225.00K | 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
|
$31.57M | USD | 1 Quarter |
| Wealth management fee income |
WealthManagementFeeIncome
|
$12.13M | USD | 1 Quarter |
| Wealth management fee income |
WealthManagementFeeIncome
|
$9.96M | USD | 1 Quarter |
| Service charges and fees |
ServiceChargesAndFees
|
$816.00K | USD | 1 Quarter |
| Service charges and fees |
ServiceChargesAndFees
|
$846.00K | USD | 1 Quarter |
| Bank owned life insurance |
BankOwnedLifeInsuranceIncome
|
$611.00K | USD | 1 Quarter |
| Bank owned life insurance |
BankOwnedLifeInsuranceIncome
|
$328.00K | USD | 1 Quarter |
| Gains on loans held for sale at fair value (mortgage banking) |
GainLossOnLoansHeldForSaleAtFairValue
|
$1.02M | USD | 1 Quarter |
| Gains on loans held for sale at fair value (mortgage banking) |
GainLossOnLoansHeldForSaleAtFairValue
|
$292.00K | USD | 1 Quarter |
| Gain/(loss) on loans held for sale at lower of cost or fair value |
GainLossOnSalesOfLoansNet
|
$282.00K | USD | 1 Quarter |
| Gain/(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
|
$1.42M | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainOnSaleOfSbaLoans
|
$1.05M | USD | 1 Quarter |
| Gain on sale of SBA loans |
GainOnSaleOfSbaLoans
|
$1.45M | USD | 1 Quarter |
| Corporate advisory fee income |
CorporateAdvisoryFeeIncome
|
$1.10M | USD | 1 Quarter |
| Corporate advisory fee income |
CorporateAdvisoryFeeIncome
|
$75.00K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOther
|
$384.00K | USD | 1 Quarter |
| Other income |
NoninterestIncomeOther
|
$643.00K | USD | 1 Quarter |
| Securities (losses)/gains, net |
GainLossOnInvestments
|
$-265.00K | USD | 1 Quarter |
| Securities (losses)/gains, net |
GainLossOnInvestments
|
$198.00K | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$17.82M | USD | 1 Quarter |
| Total other income |
NoninterestIncome
|
$14.52M | USD | 1 Quarter |
| Compensation and employee benefits |
LaborAndRelatedExpense
|
$19.23M | USD | 1 Quarter |
| Compensation and employee benefits |
LaborAndRelatedExpense
|
$21.99M | USD | 1 Quarter |
| Premises and equipment |
OccupancyNet
|
$4.04M | USD | 1 Quarter |
| Premises and equipment |
OccupancyNet
|
$4.11M | USD | 1 Quarter |
| FDIC insurance expense |
FederalDepositInsuranceCorporationPremiumExpenseBenefit
|
$250.00K | USD | 1 Quarter |
| FDIC insurance expense |
FederalDepositInsuranceCorporationPremiumExpenseBenefit
|
$585.00K | USD | 1 Quarter |
| Other operating expense |
OtherExpenses
|
$4.72M | USD | 1 Quarter |
| Other operating expense |
OtherExpenses
|
$4.91M | USD | 1 Quarter |
| Total operating expenses |
NoninterestExpense
|
$28.23M | USD | 1 Quarter |
| Total operating expenses |
NoninterestExpense
|
$31.59M | USD | 1 Quarter |
| INCOME/(LOSS) BEFORE INCOME TAX EXPENSE/(BENEFIT) |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$17.79M | USD | 1 Quarter |
| INCOME/(LOSS) BEFORE INCOME TAX EXPENSE/(BENEFIT) |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.97M | USD | 1 Quarter |
| Income tax expense/(benefit) |
IncomeTaxExpenseBenefit
|
$-3.34M | USD | 1 Quarter |
| Income tax expense/(benefit) |
IncomeTaxExpenseBenefit
|
$4.62M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$13.18M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$1.37M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.07 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.70 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.67 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.07 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
18.86M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
18.95M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
19.08M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
19.53M | shares | 1 Quarter |
Cash Flow Statement
87 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$13.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$1.37M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$784.00K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$771.00K | USD | 1 Quarter |
| Amortization of premium and accretion of discount on securities, net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-1.58M | USD | 1 Quarter |
| Amortization of premium and accretion of discount on securities, net |
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
$-684.00K | USD | 1 Quarter |
| Amortization of restricted stock |
RestrictedStockExpense
|
$1.54M | USD | 1 Quarter |
| Amortization of restricted stock |
RestrictedStockExpense
|
$1.61M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$324.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$368.00K | USD | 1 Quarter |
| Amortization of subordinated debt costs |
AmortizationOfFinancingCosts
|
$56.00K | USD | 1 Quarter |
| Amortization of subordinated debt costs |
AmortizationOfFinancingCosts
|
$43.00K | USD | 1 Quarter |
| Provision for loan and lease losses |
ProvisionForLoanAndLeaseLosses
|
$20.00M | USD | 1 Quarter |
| Provision for loan and lease losses |
ProvisionForLoanAndLeaseLosses
|
$225.00K | USD | 1 Quarter |
| Deferred tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-3.52M | USD | 1 Quarter |
| Deferred tax benefit |
DeferredIncomeTaxExpenseBenefit
|
$-841.00K | USD | 1 Quarter |
| Stock-based compensation and employee stock purchase plan expense |
EmployeeStockOwnershipPlanESOPCompensationExpense
|
$41.00K | USD | 1 Quarter |
| Stock-based compensation and employee stock purchase plan expense |
EmployeeStockOwnershipPlanESOPCompensationExpense
|
$30.00K | USD | 1 Quarter |
| Fair value adjustment for equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$-265.00K | USD | 1 Quarter |
| Fair value adjustment for equity security |
EquitySecuritiesFvNiUnrealizedGainLoss
|
$198.00K | USD | 1 Quarter |
| Loans originated for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$30.25M | USD | 1 Quarter |
| Loans originated for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$53.89M | USD | 1 Quarter |
| Proceeds from sales of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$31.09M | USD | 1 Quarter |
| Proceeds from sales of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$64.90M | USD | 1 Quarter |
| Gain on loans held for sale |
GainsLossesOneLoansOriginatedForResale
|
$2.47M | USD | 1 Quarter |
| Gain on loans held for sale |
GainsLossesOneLoansOriginatedForResale
|
$1.35M | USD | 1 Quarter |
| (Gain)/loss on loans held for sale at lower of cost or fair value |
GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue
|
$282.00K | USD | 1 Quarter |
| (Gain)/loss on loans held for sale at lower of cost or fair value |
GainLossOnLoansHeldForSaleAtLowerOfCostOrFairValue
|
$-3.00K | USD | 1 Quarter |
| Gain on life insurance death benefit |
OtherNoncashIncome
|
$302.00K | 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
|
$153.00K | USD | 1 Quarter |
| Increase in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$1.42M | USD | 1 Quarter |
| Increase in accrued interest receivable |
IncreaseDecreaseInAccruedInterestReceivableNet
|
$1.31M | USD | 1 Quarter |
| Decrease/(increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$7.53M | USD | 1 Quarter |
| Decrease/(increase) in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-4.96M | USD | 1 Quarter |
| Increase/(decrease) in accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$1.72M | USD | 1 Quarter |
| Increase/(decrease) in accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-4.17M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$30.30M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$7.38M | 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
|
$52.78M | USD | 1 Quarter |
| Redemptions of FHLB and FRB stock |
ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock
|
$12.07M | USD | 1 Quarter |
| Redemptions of FHLB and FRB stock |
ProceedsFromSaleOfFederalHomeLoanBankStockAndFederalReserveBankStock
|
$10.00K | USD | 1 Quarter |
| Purchase of securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$24.85M | USD | 1 Quarter |
| Purchase of securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$324.59M | USD | 1 Quarter |
| Purchase of equity securities |
PaymentsToAcquireEquitySecurities
|
$3.00M | 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
|
$-7.22M | 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 in loans, net of participations sold |
PaymentsForProceedsFromLoansAndLeases
|
$51.27M | USD | 1 Quarter |
| Net increase in loans, net of participations sold |
PaymentsForProceedsFromLoansAndLeases
|
$13.76M | USD | 1 Quarter |
| Purchase of premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.25M | USD | 1 Quarter |
| Purchase of premises and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$914.00K | USD | 1 Quarter |
| Proceeds from life insurance death benefit |
ProceedsFromLifeInsurancePolicies
|
$582.00K | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-317.51M | USD | 1 Quarter |
| NET CASH USED IN INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-18.23M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$126.43M | USD | 1 Quarter |
| Net increase in deposits |
IncreaseDecreaseInDeposits
|
$197.72M | USD | 1 Quarter |
| Net increase in short-term borrowings |
ProceedsFromShortTermDebt
|
$386.90M | USD | 1 Quarter |
| Repayments of Paycheck Protection Program Liquidity Facility |
RepaymentsOfPaycheckProtectionProgramLiquidityFacility
|
$8.91M | USD | 1 Quarter |
| Dividends paid on common stock |
PaymentsOfDividendsCommonStock
|
$949.00K | USD | 1 Quarter |
| Dividends paid on common stock |
PaymentsOfDividendsCommonStock
|
$949.00K | USD | 1 Quarter |
| Exercise of Stock Options, net of stock swaps |
ProceedsFromStockOptionsExercised
|
$10.00K | 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
|
$2.00M | USD | 1 Quarter |
| Issuance of shares for employee stock purchase plan |
ProceedsFromStockPlans
|
$218.00K | USD | 1 Quarter |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$4.38M | USD | 1 Quarter |
| Purchase of treasury shares |
PaymentsForRepurchaseOfCommonStock
|
$6.49M | USD | 1 Quarter |
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$110.42M | USD | 1 Quarter |
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$576.66M | USD | 1 Quarter |
| Net (decrease)/increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-176.78M | USD | 1 Quarter |
| Net (decrease)/increase in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$565.82M | USD | 1 Quarter |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$653.32M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$208.19M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$774.00M | USD | Point-in-time |
| Cash and cash equivalents at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$476.54M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$653.32M | 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
|
$774.00M | USD | Point-in-time |
| Cash and cash equivalents at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$476.54M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$12.42M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$4.41M | USD | 1 Quarter |
| Income tax, net |
IncomeTaxesPaidNet
|
$200.00K | USD | 1 Quarter |
| Income tax, net |
IncomeTaxesPaidNet
|
$206.00K | USD | 1 Quarter |
| Transfer of loans to loans held for sale |
TransferOfLoansHeldForSaleToPortfolioLoans1
|
$45.78M | USD | 1 Quarter |
| Security purchases settled in subsequent period |
SecurityPurchasesSettledInSubsequentPeriod
|
$10.88M | USD | 1 Quarter |
Stockholders Equity
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Shares outstanding |
CommonStockSharesOutstanding
|
18.97M | shares | Point-in-time |
| Shares outstanding |
CommonStockSharesOutstanding
|
19.03M | shares | Point-in-time |
| Balance |
StockholdersEquity
|
$503.65M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$527.12M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$496.44M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$522.44M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$13.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.37M | USD | 1 Quarter |
| Common stock options exercised, shares |
StockIssuedDuringPeriodSharesStockOptionsExercised
|
820.00 | shares | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.16M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-12.37M | USD | 1 Quarter |
| Restricted stock units/awards repurchased on vesting to pay taxes |
RestrictedStockUnitsOrAwardsRepurchasedOnVestingToPayTaxesValue
|
$601.00K | USD | 1 Quarter |
| Restricted stock units/awards repurchased on vesting to pay taxes |
RestrictedStockUnitsOrAwardsRepurchasedOnVestingToPayTaxesValue
|
$2.00M | USD | 1 Quarter |
| Amortization of restricted stock awards/units |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
$1.54M | USD | 1 Quarter |
| Amortization of restricted stock awards/units |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
$1.61M | USD | 1 Quarter |
| Cash dividends declared on common stock |
DividendsCommonStockCash
|
$949.00K | USD | 1 Quarter |
| Cash dividends declared on common stock |
DividendsCommonStockCash
|
$949.00K | USD | 1 Quarter |
| Share repurchase |
TreasuryStockValueAcquiredCostMethod
|
$4.38M | USD | 1 Quarter |
| Issuance of shares for Employee Stock Purchase Plan, shares |
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
8,425.00 | shares | 1 Quarter |
| Share repurchase |
TreasuryStockValueAcquiredCostMethod
|
$6.49M | USD | 1 Quarter |
| Issuance of shares for Employee Stock Purchase Plan, shares |
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
|
0.00 | shares | 1 Quarter |
| Common stock options exercised |
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
$75.00K | USD | 1 Quarter |
| Common stock options exercised |
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
$10.00K | USD | 1 Quarter |
| Shares outstanding |
CommonStockSharesOutstanding
|
18.97M | shares | Point-in-time |
| Shares outstanding |
CommonStockSharesOutstanding
|
19.03M | shares | Point-in-time |
| Issuance of shares for Employee Stock Purchase Plan |
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
$218.00K | USD | 1 Quarter |
| Balance |
StockholdersEquity
|
$503.65M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$527.12M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$496.44M | USD | Point-in-time |
| Balance |
StockholdersEquity
|
$522.44M | USD | Point-in-time |
Comprehensive Income
23 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$13.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$1.37M | USD | 1 Quarter |
| Unrealized holding (losses)/gains arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-17.62M | USD | 1 Quarter |
| Unrealized holding (losses)/gains arising during the period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$5.80M | USD | 1 Quarter |
| Before tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$5.80M | USD | 1 Quarter |
| Before tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-17.62M | USD | 1 Quarter |
| Tax effect |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$1.41M | USD | 1 Quarter |
| Tax effect |
OtherComprehensiveIncomeAvailableforsaleSecuritiesTaxPortionAttributableToParent
|
$-4.20M | USD | 1 Quarter |
| Net of tax |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-13.41M | USD | 1 Quarter |
| Net of tax |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$4.39M | USD | 1 Quarter |
| Unrealized holding gains/(losses) arising during the period |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
$1.45M | USD | 1 Quarter |
| Unrealized holding gains/(losses) arising during the period |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
$-8.88M | USD | 1 Quarter |
| Reclassification adjustment for amounts included in net income |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
$71.00K | USD | 1 Quarter |
| Before tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
$-8.95M | USD | 1 Quarter |
| Before tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
$1.45M | USD | 1 Quarter |
| Tax effect |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
|
$407.00K | USD | 1 Quarter |
| Tax effect |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent
|
$-2.40M | USD | 1 Quarter |
| Net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$1.04M | USD | 1 Quarter |
| Net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-6.55M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-2.16M | USD | 1 Quarter |
| Total other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-12.37M | USD | 1 Quarter |
| Total comprehensive income/(loss) |
ComprehensiveIncomeNetOfTax
|
$-791.00K | USD | 1 Quarter |
| Total comprehensive income/(loss) |
ComprehensiveIncomeNetOfTax
|
$806.00K | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.