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10-Q Filing

PROVIDENT FINANCIAL SERVICES INC CIK: 1178970 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0001628280-22-013546
Period End Date 20220331
Filing Date 20220510
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance pfs-20220331_htm.xml
Balance Sheet 98 line items
Line Item Tag Value Unit Period
Held-to-maturity, debt securities HeldToMaturitySecuritiesFairValue $449.71M USD Point-in-time
Held-to-maturity, debt securities HeldToMaturitySecuritiesFairValue $417.66M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $330.81M 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 $506.27M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Short-term investments CashEquivalentsAtCarryingValue $206.19M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 50.00M shares Point-in-time
Short-term investments CashEquivalentsAtCarryingValue $102.33M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $532.35M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $433.15M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $712.46M USD Point-in-time
Total cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $687.57M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Available for sale debt securities, at fair value DebtSecuritiesAvailableForSaleExcludingAccruedInterest $2.06B USD Point-in-time
Available for sale debt securities, at fair value DebtSecuritiesAvailableForSaleExcludingAccruedInterest $2.07B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 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
Held to maturity debt securities, net (fair value of $417,664 and $449,709 at March 31, 2022 and December 31, 2021, respectively). DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss $421.96M USD Point-in-time
Held to maturity debt securities, net (fair value of $417,664 and $449,709 at March 31, 2022 and December 31, 2021, respectively). DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss $436.15M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 83.21M shares Point-in-time
Equity securities, at fair value EquitySecuritiesFvNi $1.32M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 83.21M shares Point-in-time
Equity securities, at fair value EquitySecuritiesFvNi $1.26M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 75.88M shares Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $34.29M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 76.97M shares Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $23.97M USD Point-in-time
Total gross loans FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $9.66B USD Point-in-time
Total gross loans FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $9.58B USD Point-in-time
Less allowance for credit losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $101.47M USD Point-in-time
Less allowance for credit losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $85.59M USD Point-in-time
Less allowance for credit losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $80.74M USD Point-in-time
Less allowance for credit losses FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $76.28M USD Point-in-time
Net loans FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $9.59B USD Point-in-time
Net loans FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $9.50B USD Point-in-time
Foreclosed assets, net ForeclosedAssets $8.73M USD Point-in-time
Foreclosed assets, net ForeclosedAssets $8.58M USD Point-in-time
Banking premises and equipment, net PropertyPlantAndEquipmentNet $82.99M USD Point-in-time
Banking premises and equipment, net PropertyPlantAndEquipmentNet $80.56M USD Point-in-time
Accrued interest receivable InterestReceivable $41.03M USD Point-in-time
Accrued interest receivable InterestReceivable $41.99M USD Point-in-time
Intangible assets IntangibleAssetsNetIncludingGoodwill $463.32M USD Point-in-time
Intangible assets IntangibleAssetsNetIncludingGoodwill $464.18M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $236.63M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $237.81M USD Point-in-time
Other assets OtherAssets $206.15M USD Point-in-time
Other assets OtherAssets $244.01M USD Point-in-time
Total assets Assets $13.62B USD Point-in-time
Total assets Assets $13.78B USD Point-in-time
Demand deposits DemandDepositAccounts $9.08B USD Point-in-time
Demand deposits DemandDepositAccounts $9.18B USD Point-in-time
Savings deposits DepositsSavingsDeposits $1.49B USD Point-in-time
Savings deposits DepositsSavingsDeposits $1.46B USD Point-in-time
Certificates of deposit of $100,000 or more TimeDeposits100000OrMore $391.32M USD Point-in-time
Certificates of deposit of $100,000 or more TimeDeposits100000OrMore $368.28M USD Point-in-time
Other time deposits TimeDepositsLessThan100000 $324.24M USD Point-in-time
Other time deposits TimeDepositsLessThan100000 $300.33M USD Point-in-time
Total deposits Deposits $11.23B USD Point-in-time
Total deposits Deposits $11.37B USD Point-in-time
Mortgage escrow deposits MortgagorsEscrow $40.18M USD Point-in-time
Mortgage escrow deposits MortgagorsEscrow $34.44M USD Point-in-time
Borrowed funds OtherBorrowings $626.77M USD Point-in-time
Borrowed funds OtherBorrowings $399.61M USD Point-in-time
Subordinated debentures SubordinatedDebt $10.28M USD Point-in-time
Subordinated debentures SubordinatedDebt $10.34M USD Point-in-time
Other liabilities OtherLiabilities $179.67M USD Point-in-time
Other liabilities OtherLiabilities $178.60M USD Point-in-time
Total liabilities Liabilities $12.00B USD Point-in-time
Total liabilities Liabilities $12.08B 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, 83,209,012 shares issued and 75,881,889 shares outstanding at March 31, 2022, and 83,209,012 shares issued and 76,969,999 shares outstanding at December 31, 2021, respectively. CommonStockValue $832.00K USD Point-in-time
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,012 shares issued and 75,881,889 shares outstanding at March 31, 2022, and 83,209,012 shares issued and 76,969,999 shares outstanding at December 31, 2021, respectively. CommonStockValue $832.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $969.82M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $972.55M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $814.53M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $839.81M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $-67.95M USD Point-in-time
Accumulated other comprehensive (loss) income AccumulatedOtherComprehensiveIncomeLossNetOfTax $6.86M USD Point-in-time
Treasury stock TreasuryStockValue $79.60M USD Point-in-time
Treasury stock TreasuryStockValue $109.58M USD Point-in-time
Unallocated common stock held by the Employee Stock Ownership Plan UnearnedESOPShares $15.34M USD Point-in-time
Unallocated common stock held by the Employee Stock Ownership Plan UnearnedESOPShares $14.53M USD Point-in-time
Common stock acquired by the Directors' Deferred Fee Plan ("DDFP") CommonStockHeldInTrust $3.98M USD Point-in-time
Common stock acquired by the Directors' Deferred Fee Plan ("DDFP") CommonStockHeldInTrust $3.84M USD Point-in-time
Deferred Compensation - Directors' Deferred Fee Plan DirectorsDeferredFeePlan $3.84M USD Point-in-time
Deferred Compensation - Directors' Deferred Fee Plan DirectorsDeferredFeePlan $3.98M USD Point-in-time
Total stockholders equity StockholdersEquity $1.62B USD Point-in-time
Total stockholders equity StockholdersEquity $1.70B USD Point-in-time
Total stockholders equity StockholdersEquity $1.62B USD Point-in-time
Total stockholders equity StockholdersEquity $1.65B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $13.62B USD Point-in-time
Total liabilities and stockholders equity LiabilitiesAndStockholdersEquity $13.78B USD Point-in-time
Income Statement 74 line items
Line Item Tag Value Unit Period
Real estate secured loans InterestIncomeSecuritiesMortgageBacked $63.84M USD 1 Quarter
Real estate secured loans InterestIncomeSecuritiesMortgageBacked $62.02M USD 1 Quarter
Commercial loans InterestAndFeeIncomeLoansCommercial $22.82M USD 1 Quarter
Commercial loans InterestAndFeeIncomeLoansCommercial $26.14M USD 1 Quarter
Consumer loans InterestAndFeeIncomeLoansOtherConsumer $3.14M USD 1 Quarter
Consumer loans InterestAndFeeIncomeLoansOtherConsumer $3.49M USD 1 Quarter
Available for sale debt securities, equity securities and Federal Home Loan Bank stock InterestIncomeDebtSecuritiesAvailableForSaleOperating $7.95M USD 1 Quarter
Available for sale debt securities, equity securities and Federal Home Loan Bank stock InterestIncomeDebtSecuritiesAvailableForSaleOperating $5.61M USD 1 Quarter
Held to maturity debt securities InterestAndDividendIncomeSecuritiesHeldToMaturity $2.60M USD 1 Quarter
Held to maturity debt securities InterestAndDividendIncomeSecuritiesHeldToMaturity $2.78M USD 1 Quarter
Deposits, Federal funds sold and other short-term investments InterestIncomeFederalFundsSoldAndOtherShortTermInvestments $484.00K USD 1 Quarter
Deposits, Federal funds sold and other short-term investments InterestIncomeFederalFundsSoldAndOtherShortTermInvestments $647.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $100.53M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $100.99M USD 1 Quarter
Deposits InterestExpenseDeposits $7.42M USD 1 Quarter
Deposits InterestExpenseDeposits $5.19M USD 1 Quarter
Borrowed funds InterestExpenseBorrowedFunds $1.17M USD 1 Quarter
Borrowed funds InterestExpenseBorrowedFunds $2.81M USD 1 Quarter
Subordinated debt InterestExpenseSubordinatedNotesAndDebentures $108.00K USD 1 Quarter
Subordinated debt InterestExpenseSubordinatedNotesAndDebentures $305.00K USD 1 Quarter
Total interest expense InterestExpense $10.53M USD 1 Quarter
Total interest expense InterestExpense $6.46M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $90.00M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $94.53M USD 1 Quarter
Provision benefit for credit losses ProvisionForLoanLossesExpensed $-15.00M USD 1 Quarter
Provision benefit for credit losses ProvisionForLoanLossesExpensed $-6.41M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $105.00M USD 1 Quarter
Net interest income after provision for credit losses InterestIncomeExpenseAfterProvisionForLoanLoss $100.93M USD 1 Quarter
Fees NoninterestIncomeFees $7.19M USD 1 Quarter
Fees NoninterestIncomeFees $6.89M USD 1 Quarter
Wealth management income WealthManagementIncome $7.47M USD 1 Quarter
Wealth management income WealthManagementIncome $7.13M USD 1 Quarter
Insurance agency income InsuranceAgencyManagementFee $3.42M USD 1 Quarter
Insurance agency income InsuranceAgencyManagementFee $2.73M USD 1 Quarter
Bank-owned life insurance BankOwnedLifeInsuranceIncome $1.18M USD 1 Quarter
Bank-owned life insurance BankOwnedLifeInsuranceIncome $2.57M USD 1 Quarter
Net gains on securities transactions DebtAndEquitySecuritiesGainLoss $197.00K USD 1 Quarter
Net gains on securities transactions DebtAndEquitySecuritiesGainLoss $16.00K USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncomeExpense $1.82M USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncomeExpense $1.18M USD 1 Quarter
Total non-interest income NoninterestIncome $20.15M USD 1 Quarter
Total non-interest income NoninterestIncome $21.64M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $37.07M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $35.31M USD 1 Quarter
Net occupancy expense OccupancyNet $9.30M USD 1 Quarter
Net occupancy expense OccupancyNet $9.33M USD 1 Quarter
Data processing expense InformationTechnologyAndDataProcessing $4.39M USD 1 Quarter
Data processing expense InformationTechnologyAndDataProcessing $5.34M USD 1 Quarter
FDIC insurance FederalDepositInsuranceCorporationPremiumExpense $1.77M USD 1 Quarter
FDIC insurance FederalDepositInsuranceCorporationPremiumExpense $1.21M USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $859.00K USD 1 Quarter
Amortization of intangibles AmortizationOfIntangibleAssets $972.00K USD 1 Quarter
Advertising and promotion expense MarketingAndAdvertisingExpense $877.00K USD 1 Quarter
Advertising and promotion expense MarketingAndAdvertisingExpense $1.10M USD 1 Quarter
Credit loss benefit for off-balance sheet credit exposures OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal $-875.00K USD 1 Quarter
Credit loss benefit for off-balance sheet credit exposures OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal $-2.39M USD 1 Quarter
Other operating expenses OtherNoninterestExpense $10.10M USD 1 Quarter
Other operating expenses OtherNoninterestExpense $9.37M USD 1 Quarter
Total non-interest expense NoninterestExpense $61.89M USD 1 Quarter
Total non-interest expense NoninterestExpense $61.85M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $64.78M USD 1 Quarter
Income before income tax expense IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $59.19M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $16.23M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $15.23M USD 1 Quarter
Net income NetIncomeLoss $48.56M USD 1 Quarter
Net income NetIncomeLoss $43.96M USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $0.58 USD 1 Quarter
Basic earnings per share (usd per share) EarningsPerShareBasic $0.63 USD 1 Quarter
Weighted average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 75.82M shares 1 Quarter
Weighted average basic shares outstanding (in shares) WeightedAverageNumberOfSharesOutstandingBasic 76.52M shares 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $0.63 USD 1 Quarter
Diluted earnings per share (usd per share) EarningsPerShareDiluted $0.58 USD 1 Quarter
Weighted average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 76.58M shares 1 Quarter
Weighted average diluted shares outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 75.91M shares 1 Quarter
Cash Flow Statement 124 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $48.56M USD 1 Quarter
Net income NetIncomeLoss $43.96M USD 1 Quarter
Depreciation and amortization of intangibles DepreciationAndAmortization $3.25M USD 1 Quarter
Depreciation and amortization of intangibles DepreciationAndAmortization $3.26M USD 1 Quarter
Provision benefit for credit losses on loans and securities ProvisionForLoanLossesExpensed $-15.00M USD 1 Quarter
Provision benefit for credit losses on loans and securities ProvisionForLoanLossesExpensed $-6.41M USD 1 Quarter
Credit loss benefit for off-balance sheet credit exposure OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal $-875.00K USD 1 Quarter
Credit loss benefit for off-balance sheet credit exposure OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal $-2.39M USD 1 Quarter
Deferred tax expense DeferredIncomeTaxExpenseBenefit $6.27M USD 1 Quarter
Deferred tax expense DeferredIncomeTaxExpenseBenefit $10.62M USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $2.81M USD 1 Quarter
Amortization of operating lease right-of-use assets OperatingLeaseRightOfUseAssetAmortizationExpense $2.81M USD 1 Quarter
Income on Bank-owned life insurance BankOwnedLifeInsuranceIncome $1.18M USD 1 Quarter
Income on Bank-owned life insurance BankOwnedLifeInsuranceIncome $2.57M USD 1 Quarter
Net amortization of premiums and discounts on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-3.84M USD 1 Quarter
Net amortization of premiums and discounts on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-3.11M USD 1 Quarter
Accretion of net deferred loan fees OtherNoncashIncome $5.49M USD 1 Quarter
Accretion of net deferred loan fees OtherNoncashIncome $2.44M USD 1 Quarter
Amortization of premiums on purchased loans, net MortgageLoanOnRealEstateAmortizationOfPremium $71.00K USD 1 Quarter
Amortization of premiums on purchased loans, net MortgageLoanOnRealEstateAmortizationOfPremium $190.00K USD 1 Quarter
Net increase in loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $14.49M USD 1 Quarter
Net increase in loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale - USD 1 Quarter
Proceeds from sales of loans originated for sale ProceedsFromSaleOfLoansHeldForSale $15.26M USD 1 Quarter
Proceeds from sales of loans originated for sale ProceedsFromSaleOfLoansHeldForSale - USD 1 Quarter
Proceeds from sales and paydowns of foreclosed assets ProceedsFromSaleOfOtherAssets1 $200.00K USD 1 Quarter
Proceeds from sales and paydowns of foreclosed assets ProceedsFromSaleOfOtherAssets1 $569.00K USD 1 Quarter
ESOP expense EmployeeStockOwnershipPlanExpense $1.14M USD 1 Quarter
ESOP expense EmployeeStockOwnershipPlanExpense $913.00K USD 1 Quarter
Allocation of stock award shares AllocationOfSapShares $959.00K USD 1 Quarter
Allocation of stock award shares AllocationOfSapShares $2.31M USD 1 Quarter
Allocation of stock options AllocationOfStockOptions $53.00K USD 1 Quarter
Allocation of stock options AllocationOfStockOptions $49.00K USD 1 Quarter
Net gain on sale of loans GainLossOnSalesOfLoansNet - USD 1 Quarter
Net gain on sale of loans GainLossOnSalesOfLoansNet $768.00K USD 1 Quarter
Net gain on securities transactions DebtAndEquitySecuritiesGainLoss $197.00K USD 1 Quarter
Net gain on securities transactions DebtAndEquitySecuritiesGainLoss $16.00K USD 1 Quarter
Net gain on sale of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $8.00K USD 1 Quarter
Net gain on sale of premises and equipment GainLossOnSaleOfPropertyPlantEquipment $15.00K USD 1 Quarter
Net gain on sale of foreclosed assets GainsLossesOnSalesOfOtherRealEstate - USD 1 Quarter
Net gain on sale of foreclosed assets GainsLossesOnSalesOfOtherRealEstate $170.00K USD 1 Quarter
Decrease (increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $2.57M USD 1 Quarter
Decrease (increase) in accrued interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-957.00K USD 1 Quarter
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $6.72M USD 1 Quarter
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-41.16M USD 1 Quarter
Increase (decrease) in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $1.07M USD 1 Quarter
Increase (decrease) in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-44.56M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $36.42M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $51.13M USD 1 Quarter
Proceeds from maturities, calls and paydowns of held to maturity debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $16.69M USD 1 Quarter
Proceeds from maturities, calls and paydowns of held to maturity debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $10.24M USD 1 Quarter
Purchases of held to maturity debt securities PaymentsToAcquireHeldToMaturitySecurities $2.94M USD 1 Quarter
Purchases of held to maturity debt securities PaymentsToAcquireHeldToMaturitySecurities $7.54M USD 1 Quarter
Proceeds from sales of securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt - USD 1 Quarter
Proceeds from sales of securities ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $9.44M USD 1 Quarter
Proceeds from maturities and paydowns of available for sale debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $84.13M USD 1 Quarter
Proceeds from maturities and paydowns of available for sale debt securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $90.81M USD 1 Quarter
Purchases of available for sale debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $218.08M USD 1 Quarter
Purchases of available for sale debt securities PaymentsToAcquireAvailableForSaleSecuritiesDebt $226.42M USD 1 Quarter
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $10.32M USD 1 Quarter
Proceeds from redemption of Federal Home Loan Bank stock ProceedsFromSaleOfFederalHomeLoanBankStock $12.15M USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock - USD 1 Quarter
Purchases of Federal Home Loan Bank stock PaymentsToAcquireFederalHomeLoanBankStock $1.66M USD 1 Quarter
Purchases of loans PaymentsToAcquireLoansHeldForInvestment - USD 1 Quarter
Purchases of loans PaymentsToAcquireLoansHeldForInvestment $-2.61M USD 1 Quarter
Net (increase) decrease in loans PaymentsForProceedsFromOtherLoansAndLeases $76.33M USD 1 Quarter
Net (increase) decrease in loans PaymentsForProceedsFromOtherLoansAndLeases $-24.22M USD 1 Quarter
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $8.00K USD 1 Quarter
Proceeds from sales of premises and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $15.00K USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $8.84M USD 1 Quarter
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.85M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-90.60M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-192.44M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $132.07M USD 1 Quarter
Net increase in deposits IncreaseDecreaseInDeposits $459.68M USD 1 Quarter
Increase in mortgage escrow deposits IncreaseDecreaseInMortgagorsEscrowDeposits $3.47M USD 1 Quarter
Increase in mortgage escrow deposits IncreaseDecreaseInMortgagorsEscrowDeposits $5.74M USD 1 Quarter
Cash dividends paid to stockholders PaymentsOfDividends $18.69M USD 1 Quarter
Cash dividends paid to stockholders PaymentsOfDividends $18.07M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $29.02M USD 1 Quarter
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $48.00K USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $915.00K USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding PaymentsRelatedToTaxWithholdingForShareBasedCompensation $953.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised - USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $638.00K USD 1 Quarter
Proceeds from long-term borrowings ProceedsFromIssuanceOfLongTermDebt - USD 1 Quarter
Proceeds from long-term borrowings ProceedsFromIssuanceOfLongTermDebt $400.00M USD 1 Quarter
Payments on long-term borrowings RepaymentsOfLongTermDebt $619.26M USD 1 Quarter
Payments on long-term borrowings RepaymentsOfLongTermDebt $229.11M USD 1 Quarter
Net increase (decrease) in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-16.10M USD 1 Quarter
Net increase (decrease) in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $1.94M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-138.01M USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $209.40M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $155.22M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-279.32M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $418.08M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $428.33M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $685.16M USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $644.94M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $4.82M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $27.30M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $42.63M USD Point-in-time
Restricted cash at beginning of period RestrictedCashAndCashEquivalents $114.27M USD Point-in-time
Total cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $532.35M USD Point-in-time
Total cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $433.15M USD Point-in-time
Total cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $712.46M USD Point-in-time
Total cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $687.57M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $418.08M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $428.33M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $685.16M USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $644.94M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $4.82M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $27.30M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $42.63M USD Point-in-time
Restricted cash at end of period RestrictedCashAndCashEquivalents $114.27M USD Point-in-time
Total cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $532.35M USD Point-in-time
Total cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $433.15M USD Point-in-time
Total cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $712.46M USD Point-in-time
Total cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $687.57M USD Point-in-time
Interest on deposits and borrowings InterestPaid $10.40M USD 1 Quarter
Interest on deposits and borrowings InterestPaid $7.08M USD 1 Quarter
Income taxes IncomeTaxesPaid $560.00K USD 1 Quarter
Income taxes IncomeTaxesPaid $270.00K USD 1 Quarter
Transfer of loans receivable to foreclosed assets TransferFromLoansToForeclosedAssets $47.00K USD 1 Quarter
Transfer of loans receivable to foreclosed assets TransferFromLoansToForeclosedAssets $434.00K USD 1 Quarter
Stockholders Equity 30 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $1.62B USD Point-in-time
Beginning Balance StockholdersEquity $1.70B USD Point-in-time
Beginning Balance StockholdersEquity $1.62B USD Point-in-time
Beginning Balance StockholdersEquity $1.65B USD Point-in-time
Net income NetIncomeLoss $48.56M USD 1 Quarter
Net income NetIncomeLoss $43.96M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $-74.81M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $-4.68M USD 1 Quarter
Cash dividends paid DividendsCommonStockCash $18.07M USD 1 Quarter
Cash dividends paid DividendsCommonStockCash $18.69M USD 1 Quarter
Distributions from DDFP DistributionsFromDirectorsDeferredFeePlan $28.00K USD 1 Quarter
Distributions from DDFP DistributionsFromDirectorsDeferredFeePlan $45.00K USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $48.00K USD 1 Quarter
Purchases of treasury stock TreasuryStockValueAcquiredCostMethod $29.02M USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $953.00K USD 1 Quarter
Purchase of employee restricted shares to fund statutory tax withholding AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $915.00K USD 1 Quarter
Shares issued dividend reinvestment plan StockIssuedDuringPeriodValueDividendReinvestmentPlan - USD 1 Quarter
Shares issued dividend reinvestment plan StockIssuedDuringPeriodValueDividendReinvestmentPlan - USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised - USD 1 Quarter
Stock option exercises StockIssuedDuringPeriodValueStockOptionsExercised $638.00K USD 1 Quarter
Allocation of ESOP shares StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan $913.00K USD 1 Quarter
Allocation of ESOP shares StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan $1.14M USD 1 Quarter
Allocation of Stock Award Plan ("SAP") shares StockIssuedDuringPeriodValueStockAppreciationPlan $2.31M USD 1 Quarter
Allocation of Stock Award Plan ("SAP") shares StockIssuedDuringPeriodValueStockAppreciationPlan $959.00K USD 1 Quarter
Allocation of stock options StockIssuedDuringPeriodValueShareBasedCompensation $49.00K USD 1 Quarter
Allocation of stock options StockIssuedDuringPeriodValueShareBasedCompensation $53.00K USD 1 Quarter
Ending Balance StockholdersEquity $1.62B USD Point-in-time
Ending Balance StockholdersEquity $1.70B USD Point-in-time
Ending Balance StockholdersEquity $1.62B USD Point-in-time
Ending Balance StockholdersEquity $1.65B USD Point-in-time
Comprehensive Income 16 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $48.56M USD 1 Quarter
Net income NetIncomeLoss $43.96M USD 1 Quarter
Net unrealized losses arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-84.97M USD 1 Quarter
Net unrealized losses arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-9.02M USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax $171.00K USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax - USD 1 Quarter
Total OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-84.97M USD 1 Quarter
Total OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-9.19M USD 1 Quarter
Unrealized gains on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $4.62M USD 1 Quarter
Unrealized gains on derivatives OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $10.44M USD 1 Quarter
Amortization related to post-retirement obligations OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $109.00K USD 1 Quarter
Amortization related to post-retirement obligations OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent $276.00K USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-74.81M USD 1 Quarter
Total other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-4.68M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTax $-30.85M USD 1 Quarter
Total comprehensive (loss) income ComprehensiveIncomeNetOfTax $43.88M USD 1 Quarter

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

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