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10-Q Filing

PROVIDENT FINANCIAL SERVICES INC CIK: 1178970 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001628280-19-006543
Period End Date 20190331
Filing Date 20190510
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance pfs-20190331_htm.xml
Balance Sheet 94 line items
Line Item Tag Value Unit Period
Investment securities held to maturity, fair value HeldToMaturitySecuritiesFairValue $479.74M USD Point-in-time
Investment securities held to maturity, fair value HeldToMaturitySecuritiesFairValue $479.83M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and due from banks CashAndDueFromBanks $141.66M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $86.19M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Short-term investments OtherShortTermInvestments $56.20M USD Point-in-time
Short-term investments OtherShortTermInvestments $56.47M USD Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $142.66M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $197.85M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Available for sale debt securities, at fair value AvailableForSaleSecuritiesDebtSecurities $1.06B USD Point-in-time
Available for sale debt securities, at fair value AvailableForSaleSecuritiesDebtSecurities $1.08B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Held to maturity debt securities (fair value of $479,827 at March 31, 2019 (unaudited) and $479,740 at December 31, 2018) HeldToMaturitySecurities $472.04M USD Point-in-time
Held to maturity debt securities (fair value of $479,827 at March 31, 2019 (unaudited) and $479,740 at December 31, 2018) HeldToMaturitySecurities $479.43M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 200.00M shares Point-in-time
Equity securities, at fair value EquitySecuritiesFvNi $635.00K USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 83.21M shares Point-in-time
Equity securities, at fair value EquitySecuritiesFvNi $724.00K USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 83.21M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 66.33M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 66.50M shares Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $68.63M USD Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $68.81M USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $7.22B USD Point-in-time
Loans LoansAndLeasesReceivableNetOfDeferredIncome $7.25B USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $60.20M USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $55.56M USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $62.52M USD Point-in-time
Less allowance for loan losses LoansAndLeasesReceivableAllowance $55.35M USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $7.17B USD Point-in-time
Net loans LoansAndLeasesReceivableNetReportedAmount $7.20B USD Point-in-time
Foreclosed assets, net ForeclosedAssets $1.26M USD Point-in-time
Foreclosed assets, net ForeclosedAssets $1.56M USD Point-in-time
Banking premises and equipment, net PropertyPlantAndEquipmentNet $58.12M USD Point-in-time
Banking premises and equipment, net PropertyPlantAndEquipmentNet $56.73M USD Point-in-time
Accrued interest receivable InterestReceivable $31.18M USD Point-in-time
Accrued interest receivable InterestReceivable $31.48M USD Point-in-time
Intangible assets IntangibleAssetsNetIncludingGoodwill $418.18M USD Point-in-time
Intangible assets IntangibleAssetsNetIncludingGoodwill $417.69M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $193.09M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $192.89M USD Point-in-time
Other assets OtherAssets $73.70M USD Point-in-time
Other assets OtherAssets $111.51M USD Point-in-time
Total assets Assets $9.80B USD Point-in-time
Total assets Assets $9.73B USD Point-in-time
Demand deposits DemandDepositAccounts $5.05B USD Point-in-time
Demand deposits DemandDepositAccounts $5.03B USD Point-in-time
Savings deposits DepositsSavingsDeposits $1.05B USD Point-in-time
Savings deposits DepositsSavingsDeposits $1.05B USD Point-in-time
Certificates of deposit of $100,000 or more TimeDeposits100000OrMore $414.85M USD Point-in-time
Certificates of deposit of $100,000 or more TimeDeposits100000OrMore $478.04M USD Point-in-time
Other time deposits TimeDepositsLessThan100000 $326.56M USD Point-in-time
Other time deposits TimeDepositsLessThan100000 $335.64M USD Point-in-time
Total deposits Deposits $6.83B USD Point-in-time
Total deposits Deposits $6.90B USD Point-in-time
Mortgage escrow deposits MortgagorsEscrow $27.36M USD Point-in-time
Mortgage escrow deposits MortgagorsEscrow $25.57M USD Point-in-time
Borrowed funds OtherBorrowings $1.40B USD Point-in-time
Borrowed funds OtherBorrowings $1.44B USD Point-in-time
Other liabilities OtherLiabilities $68.82M USD Point-in-time
Other liabilities OtherLiabilities $99.49M USD Point-in-time
Total liabilities Liabilities $8.43B USD Point-in-time
Total liabilities Liabilities $8.37B USD Point-in-time
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued PreferredStockValue - USD Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,293 shares issued and 66,502,750 shares outstanding at March 31, 2019 and 66,325,458 outstanding at December 31, 2018 CommonStockValue $832.00K USD Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,293 shares issued and 66,502,750 shares outstanding at March 31, 2019 and 66,325,458 outstanding at December 31, 2018 CommonStockValue $832.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.02B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.02B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $657.38M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $651.10M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.34M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-5.08M USD Point-in-time
Treasury stock TreasuryStockValue $272.47M USD Point-in-time
Treasury stock TreasuryStockValue $274.00M USD Point-in-time
Unallocated common stock held by the Employee Stock Ownership Plan UnearnedESOPShares $29.68M USD Point-in-time
Unallocated common stock held by the Employee Stock Ownership Plan UnearnedESOPShares $28.97M USD Point-in-time
Common stock acquired by the Directors Deferred Fee Plan CommonStockHeldInTrust $4.50M USD Point-in-time
Common stock acquired by the Directors Deferred Fee Plan CommonStockHeldInTrust $4.34M USD Point-in-time
Deferred compensation Directors Deferred Fee Plan DirectorsDeferredFeePlan $4.50M USD Point-in-time
Deferred compensation Directors Deferred Fee Plan DirectorsDeferredFeePlan $4.34M USD Point-in-time
Total stockholders equity StockholdersEquity $1.36B USD Point-in-time
Total stockholders equity StockholdersEquity $1.30B USD Point-in-time
Total stockholders equity StockholdersEquity $1.37B USD Point-in-time
Total stockholders equity StockholdersEquity $1.30B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $9.80B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $9.73B USD Point-in-time
Income Statement 68 line items
Line Item Tag Value Unit Period
Real estate secured loans InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $55.01M USD 1 Quarter
Real estate secured loans InterestAndFeeIncomeLoansCommercialAndResidentialRealEstate $51.51M USD 1 Quarter
Commercial loans InterestAndFeeIncomeLoansCommercial $20.51M USD 1 Quarter
Commercial loans InterestAndFeeIncomeLoansCommercial $19.13M USD 1 Quarter
Consumer loans InterestAndFeeIncomeLoansOtherConsumer $4.91M USD 1 Quarter
Consumer loans InterestAndFeeIncomeLoansOtherConsumer $4.78M USD 1 Quarter
Available for sale debt securities, equity securities and Federal Home Loan Bank Stock InterestIncomeDebtSecuritiesAvailableForSaleOperating $8.41M USD 1 Quarter
Available for sale debt securities, equity securities and Federal Home Loan Bank Stock InterestIncomeDebtSecuritiesAvailableForSaleOperating $7.25M USD 1 Quarter
Held to maturity debt securities InterestAndDividendIncomeSecuritiesHeldToMaturity $3.16M USD 1 Quarter
Held to maturity debt securities InterestAndDividendIncomeSecuritiesHeldToMaturity $3.14M USD 1 Quarter
Deposits, Federal funds sold and other short-term investments InterestIncomeFederalFundsSoldAndOtherShortTermInvestments $395.00K USD 1 Quarter
Deposits, Federal funds sold and other short-term investments InterestIncomeFederalFundsSoldAndOtherShortTermInvestments $541.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $92.41M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $86.33M USD 1 Quarter
Deposits InterestExpenseDeposits $10.49M USD 1 Quarter
Deposits InterestExpenseDeposits $6.24M USD 1 Quarter
Borrowed funds InterestExpenseBorrowings $6.91M USD 1 Quarter
Borrowed funds InterestExpenseBorrowings $6.82M USD 1 Quarter
Total interest expense InterestExpense $17.40M USD 1 Quarter
Total interest expense InterestExpense $13.05M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $73.28M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $75.01M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $200.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $5.40M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $74.81M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $67.88M USD 1 Quarter
Fees NoninterestIncomeFees $6.10M USD 1 Quarter
Fees NoninterestIncomeFees $6.64M USD 1 Quarter
Wealth management income WealthManagementIncome $4.08M USD 1 Quarter
Wealth management income WealthManagementIncome $4.40M USD 1 Quarter
Bank-owned life insurance BankOwnedLifeInsuranceIncome $1.26M USD 1 Quarter
Bank-owned life insurance BankOwnedLifeInsuranceIncome $1.70M USD 1 Quarter
Net gain on securities transactions DebtAndEquitySecuritiesGainLoss $1.00K USD 1 Quarter
Net gain on securities transactions DebtAndEquitySecuritiesGainLoss - USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncomeExpense $1.00M USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncomeExpense $316.00K USD 1 Quarter
Total non-interest income NoninterestIncome $13.31M USD 1 Quarter
Total non-interest income NoninterestIncome $12.19M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $28.37M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $27.87M USD 1 Quarter
Net occupancy expense OccupancyNet $6.75M USD 1 Quarter
Net occupancy expense OccupancyNet $6.86M USD 1 Quarter
Data processing expense InformationTechnologyAndDataProcessing $3.97M USD 1 Quarter
Data processing expense InformationTechnologyAndDataProcessing $3.61M USD 1 Quarter
FDIC insurance FederalDepositInsuranceCorporationPremiumExpense $739.00K USD 1 Quarter
FDIC insurance FederalDepositInsuranceCorporationPremiumExpense $1.05M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $490.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $570.00K USD 1 Quarter
Advertising and promotion expense MarketingAndAdvertisingExpense $883.00K USD 1 Quarter
Advertising and promotion expense MarketingAndAdvertisingExpense $967.00K USD 1 Quarter
Other operating expenses OtherNoninterestExpense $7.11M USD 1 Quarter
Other operating expenses OtherNoninterestExpense $6.10M USD 1 Quarter
Total non-interest expense NoninterestExpense $46.91M USD 1 Quarter
Total non-interest expense NoninterestExpense $48.42M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $34.27M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $38.58M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $6.36M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $7.69M USD 1 Quarter
Net income NetIncomeLoss $30.89M USD 1 Quarter
Net income NetIncomeLoss $27.91M USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $0.48 USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $0.43 USD 1 Quarter
Weighted average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 64.77M shares 1 Quarter
Weighted average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 64.77M shares 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $0.48 USD 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $0.43 USD 1 Quarter
Weighted average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 64.91M shares 1 Quarter
Weighted average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 64.95M shares 1 Quarter
Cash Flow Statement 106 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $30.89M USD 1 Quarter
Net income NetIncomeLoss $27.91M USD 1 Quarter
Depreciation and amortization of intangibles DepreciationAndAmortization $2.45M USD 1 Quarter
Depreciation and amortization of intangibles DepreciationAndAmortization $2.60M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $200.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $5.40M USD 1 Quarter
Deferred tax expense DeferredIncomeTaxExpenseBenefit $2.02M USD 1 Quarter
Deferred tax expense DeferredIncomeTaxExpenseBenefit $3.18M USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortization - USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortization $1.54M USD 1 Quarter
Net decrease in operating lease liabilities OperatingLeaseLeaseLiabilityIncreaseDecrease - USD 1 Quarter
Net decrease in operating lease liabilities OperatingLeaseLeaseLiabilityIncreaseDecrease $-1.60M USD 1 Quarter
Income on Bank-owned life insurance BankOwnedLifeInsuranceIncome $1.26M USD 1 Quarter
Income on Bank-owned life insurance BankOwnedLifeInsuranceIncome $1.70M USD 1 Quarter
Net amortization of premiums and discounts on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-2.28M USD 1 Quarter
Net amortization of premiums and discounts on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-1.76M USD 1 Quarter
Accretion of net deferred loan fees OtherNoncashIncome $1.29M USD 1 Quarter
Accretion of net deferred loan fees OtherNoncashIncome $1.22M USD 1 Quarter
Amortization of premiums on purchased loans, net MortgageLoanOnRealEstateAmortizationOfPremium $160.00K USD 1 Quarter
Amortization of premiums on purchased loans, net MortgageLoanOnRealEstateAmortizationOfPremium $200.00K USD 1 Quarter
Net increase in loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $3.94M USD 1 Quarter
Net increase in loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $4.12M USD 1 Quarter
Proceeds from sales of loans originated for sale ProceedsFromSaleOfLoansHeldForSale $4.21M USD 1 Quarter
Proceeds from sales of loans originated for sale ProceedsFromSaleOfLoansHeldForSale $4.53M USD 1 Quarter
Proceeds from sales and paydowns of foreclosed assets ProceedsFromSaleOfForeclosedAssets $585.00K USD 1 Quarter
Proceeds from sales and paydowns of foreclosed assets ProceedsFromSaleOfForeclosedAssets $466.00K USD 1 Quarter
ESOP expense EmployeeStockOwnershipPlanExpense $1.07M USD 1 Quarter
ESOP expense EmployeeStockOwnershipPlanExpense $1.08M USD 1 Quarter
Allocation of stock award shares AllocationOfSapShares $1.39M USD 1 Quarter
Allocation of stock award shares AllocationOfSapShares $1.02M USD 1 Quarter
Allocation of stock options AllocationOfStockOptions $42.00K USD 1 Quarter
Allocation of stock options AllocationOfStockOptions $45.00K USD 1 Quarter
Net gain on sale of loans GainLossOnSalesOfLoansNet $411.00K USD 1 Quarter
Net gain on sale of loans GainLossOnSalesOfLoansNet $273.00K USD 1 Quarter
Net gain on securities transactions DebtAndEquitySecuritiesGainLoss $1.00K USD 1 Quarter
Net gain on securities transactions DebtAndEquitySecuritiesGainLoss - USD 1 Quarter
Net gain on sale of foreclosed assets GainsLossesOnSalesOfOtherRealEstate $181.00K USD 1 Quarter
Net gain on sale of foreclosed assets GainsLossesOnSalesOfOtherRealEstate $57.00K USD 1 Quarter
Decrease (increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $924.00K USD 1 Quarter
Decrease (increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-295.00K USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-1.15M USD 1 Quarter
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-6.15M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-13.78M USD 1 Quarter
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-8.31M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $31.37M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $32.21M USD 1 Quarter
Proceeds from maturities, calls and paydowns of held to maturity debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $11.43M USD 1 Quarter
Proceeds from maturities, calls and paydowns of held to maturity debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $21.93M USD 1 Quarter
Purchases of held to maturity debt securities PaymentsToAcquireHeldToMaturitySecurities $5.78M USD 1 Quarter
Purchases of held to maturity debt securities PaymentsToAcquireHeldToMaturitySecurities $11.88M USD 1 Quarter
Proceeds from maturities, calls and paydowns of available for sale debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $55.28M USD 1 Quarter
Proceeds from maturities, calls and paydowns of available for sale debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $40.26M USD 1 Quarter
Purchases of available for sale debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $50.38M USD 1 Quarter
Purchases of available for sale debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $72.15M USD 1 Quarter
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $39.93M USD 1 Quarter
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $31.54M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $31.36M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $33.34M USD 1 Quarter
Net decrease in loans PaymentsForProceedsFromOtherLoansAndLeases $-34.99M USD 1 Quarter
Net decrease in loans PaymentsForProceedsFromOtherLoansAndLeases $-27.58M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $502.00K USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $593.00K USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $22.69M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $34.26M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $73.33M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $42.42M USD 1 Quarter
Increase in mortgage escrow deposits IncreaseDecreaseInMortgagorsEscrowDeposits $1.79M USD 1 Quarter
Increase in mortgage escrow deposits IncreaseDecreaseInMortgagorsEscrowDeposits $1.06M USD 1 Quarter
Cash dividends paid to stockholders PaymentsOfDividends $28.96M USD 1 Quarter
Cash dividends paid to stockholders PaymentsOfDividends $13.64M USD 1 Quarter
Shares issued dividend reinvestment plan ProceedsFromOtherEquity $840.00K USD 1 Quarter
Shares issued dividend reinvestment plan ProceedsFromOtherEquity $419.00K USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $180.00K USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.91M USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.79M USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $15.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $175.00K USD 1 Quarter
Proceeds from long-term borrowings ProceedsFromIssuanceOfLongTermDebt $265.00M USD 1 Quarter
Proceeds from long-term borrowings ProceedsFromIssuanceOfLongTermDebt $85.00M USD 1 Quarter
Payments on long-term borrowings RepaymentsOfLongTermDebt $135.81M USD 1 Quarter
Payments on long-term borrowings RepaymentsOfLongTermDebt $213.36M USD 1 Quarter
Net increase (decrease) in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-281.62M USD 1 Quarter
Net increase (decrease) in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $84.57M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $-123.78M USD 1 Quarter
Net cash provided by (used in) financing activities NetCashProvidedByUsedInFinancingActivities $1.13M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $55.19M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-57.32M USD 1 Quarter
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $197.85M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.83M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $133.51M USD Point-in-time
Cash and cash equivalents at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $142.66M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $197.85M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $190.83M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $133.51M USD Point-in-time
Cash and cash equivalents at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $142.66M USD Point-in-time
Interest on deposits and borrowings InterestPaid $12.97M USD 1 Quarter
Interest on deposits and borrowings InterestPaid $17.38M USD 1 Quarter
Income taxes IncomeTaxesPaid $100.00K USD 1 Quarter
Income taxes IncomeTaxesPaid $3.62M USD 1 Quarter
Initial recognition of operating lease right-of-use assets RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $44.95M USD 1 Quarter
Initial recognition of operating lease right-of-use assets RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability - USD 1 Quarter
Initial recognition of operating lease liabilities OperatingLeaseLiabilitiesRecognized $46.05M USD 1 Quarter
Initial recognition of operating lease liabilities OperatingLeaseLiabilitiesRecognized - USD 1 Quarter
Transfer of loans receivable to foreclosed assets TransferFromLoansToForeclosedAssets $673.00K USD 1 Quarter
Transfer of loans receivable to foreclosed assets TransferFromLoansToForeclosedAssets $227.00K USD 1 Quarter
Stockholders Equity 31 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $1.36B USD Point-in-time
Beginning balance StockholdersEquity $1.30B USD Point-in-time
Beginning balance StockholdersEquity $1.37B USD Point-in-time
Beginning balance StockholdersEquity $1.30B USD Point-in-time
Net income NetIncomeLoss $30.89M USD 1 Quarter
Net income NetIncomeLoss $27.91M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-9.05M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $7.25M USD 1 Quarter
Cash dividends paid DividendsCommonStockCash $28.96M USD 1 Quarter
Cash dividends paid DividendsCommonStockCash $13.64M USD 1 Quarter
Effect of adopting Accounting Standards Update NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingResults - USD 1 Quarter
Effect of adopting Accounting Standards Update NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingResults $4.35M USD 1 Quarter
Distributions from DDFP DistributionsFromDirectorsDeferredFeePlan $40.00K USD 1 Quarter
Distributions from DDFP DistributionsFromDirectorsDeferredFeePlan $42.00K USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $180.00K USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $1.79M USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $1.91M USD 1 Quarter
Shares issued dividend reinvestment plan StockIssuedDuringPeriodValueDividendReinvestmentPlan $840.00K USD 1 Quarter
Shares issued dividend reinvestment plan StockIssuedDuringPeriodValueDividendReinvestmentPlan $419.00K USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $175.00K USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $15.00K USD 1 Quarter
Allocation of ESOP shares StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan $1.07M USD 1 Quarter
Allocation of ESOP shares StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan $1.08M USD 1 Quarter
Allocation of SAP shares StockIssuedDuringPeriodValueStockAppreciationPlan $1.02M USD 1 Quarter
Allocation of SAP shares StockIssuedDuringPeriodValueStockAppreciationPlan $1.39M USD 1 Quarter
Allocation of stock options StockIssuedDuringPeriodValueShareBasedCompensation $42.00K USD 1 Quarter
Allocation of stock options StockIssuedDuringPeriodValueShareBasedCompensation $45.00K USD 1 Quarter
Ending Balance StockholdersEquity $1.36B USD Point-in-time
Ending Balance StockholdersEquity $1.30B USD Point-in-time
Ending Balance StockholdersEquity $1.37B USD Point-in-time
Ending Balance StockholdersEquity $1.30B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $30.89M USD 1 Quarter
Net income NetIncomeLoss $27.91M USD 1 Quarter
Net unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $7.58M USD 1 Quarter
Net unrealized gains (losses) arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-9.64M USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 1 Quarter
Total OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-9.64M USD 1 Quarter
Total OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $7.58M USD 1 Quarter
Unrealized (losses) gains on derivatives UnrealizedGainLossOnCashFlowHedgingInstruments $530.00K USD 1 Quarter
Unrealized (losses) gains on derivatives UnrealizedGainLossOnCashFlowHedgingInstruments $-314.00K USD 1 Quarter
Amortization related to post-retirement obligations OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $-12.00K USD 1 Quarter
Amortization related to post-retirement obligations OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax $62.00K USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $-9.05M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTax $7.25M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $38.14M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $18.87M USD 1 Quarter

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

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