10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001628280-23-016268 |
| Period End Date | 20230331 |
| Filing Date | 20230508 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | ebc-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
98 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Available-for-sale debt securities, amortized cost |
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
$5.46B | USD | Point-in-time |
| Available-for-sale debt securities, amortized cost |
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestBeforeAllowanceForCreditLoss
|
$7.83B | USD | Point-in-time |
| Held-to-maturity debt securities, fair value |
HeldToMaturitySecuritiesFairValue
|
$423.23M | USD | Point-in-time |
| Held-to-maturity debt securities, fair value |
HeldToMaturitySecuritiesFairValue
|
$425.43M | 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 |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
1.00B | shares | Point-in-time |
| Common stock issued (in shares) |
CommonStockSharesIssued
|
176.17M | shares | Point-in-time |
| Common stock issued (in shares) |
CommonStockSharesIssued
|
176.33M | shares | Point-in-time |
| Common stock outstanding (in shares) |
CommonStockSharesOutstanding
|
176.33M | shares | Point-in-time |
| Common stock outstanding (in shares) |
CommonStockSharesOutstanding
|
176.17M | shares | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$98.38M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$106.04M | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$2.04B | USD | Point-in-time |
| Short-term investments |
ShortTermInvestments
|
$63.47M | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndShortTermInvestments
|
$2.14B | USD | Point-in-time |
| Cash and cash equivalents |
CashCashEquivalentsAndShortTermInvestments
|
$169.50M | USD | Point-in-time |
| Available for sale (amortized cost $5,459,320 and $7,825,435, respectively) |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$4.70B | USD | Point-in-time |
| Available for sale (amortized cost $5,459,320 and $7,825,435, respectively) |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$6.69B | USD | Point-in-time |
| Held to maturity (fair value $425,427 and $423,226, respectively) |
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$476.65M | USD | Point-in-time |
| Held to maturity (fair value $425,427 and $423,226, respectively) |
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$471.19M | USD | Point-in-time |
| Total securities |
DebtSecurities
|
$7.17B | USD | Point-in-time |
| Total securities |
DebtSecurities
|
$5.17B | USD | Point-in-time |
| Loans held for sale |
LoansReceivableHeldForSaleAmount
|
$4.54M | USD | Point-in-time |
| Loans held for sale |
LoansReceivableHeldForSaleAmount
|
$3.07M | USD | Point-in-time |
| Total loans |
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
$13.68B | USD | Point-in-time |
| Total loans |
FinancingReceivableBeforeAllowanceForCreditLossAndFee
|
$13.58B | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$97.79M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$124.17M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$142.21M | USD | Point-in-time |
| Allowance for loan losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$140.94M | USD | Point-in-time |
| Unamortized premiums, net of unearned discounts and deferred fees |
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
|
$-13.00M | USD | Point-in-time |
| Unamortized premiums, net of unearned discounts and deferred fees |
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
|
$-13.60M | USD | Point-in-time |
| Net loans |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$13.42B | USD | Point-in-time |
| Net loans |
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$13.52B | USD | Point-in-time |
| Federal Home Loan Bank stock, at cost |
FederalHomeLoanBankStock
|
$45.17M | USD | Point-in-time |
| Federal Home Loan Bank stock, at cost |
FederalHomeLoanBankStock
|
$41.36M | USD | Point-in-time |
| Premises and equipment |
PropertyPlantAndEquipmentNet
|
$61.11M | USD | Point-in-time |
| Premises and equipment |
PropertyPlantAndEquipmentNet
|
$62.66M | USD | Point-in-time |
| Bank-owned life insurance |
BankOwnedLifeInsurance
|
$160.79M | USD | Point-in-time |
| Bank-owned life insurance |
BankOwnedLifeInsurance
|
$161.75M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$661.13M | USD | Point-in-time |
| Goodwill and other intangibles, net |
IntangibleAssetsNetIncludingGoodwill
|
$660.16M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$331.65M | USD | Point-in-time |
| Deferred income taxes, net |
DeferredIncomeTaxAssetsNet
|
$314.14M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$163.02M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$165.90M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$461.58M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$482.26M | USD | Point-in-time |
| Total assets |
Assets
|
$22.65B | USD | Point-in-time |
| Total assets |
Assets
|
$22.84B | USD | Point-in-time |
| Total assets |
Assets
|
$22.72B | USD | Point-in-time |
| Demand |
DemandDepositAccounts
|
$5.56B | USD | Point-in-time |
| Demand |
DemandDepositAccounts
|
$6.24B | USD | Point-in-time |
| Interest checking accounts |
InterestBearingDomesticDepositChecking
|
$4.57B | USD | Point-in-time |
| Interest checking accounts |
InterestBearingDomesticDepositChecking
|
$4.24B | USD | Point-in-time |
| Savings accounts |
DepositsSavingsDeposits
|
$1.63B | USD | Point-in-time |
| Savings accounts |
DepositsSavingsDeposits
|
$1.83B | USD | Point-in-time |
| Money market investment |
DepositsMoneyMarketDeposits
|
$5.14B | USD | Point-in-time |
| Money market investment |
DepositsMoneyMarketDeposits
|
$4.71B | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$1.62B | USD | Point-in-time |
| Certificates of deposit |
TimeDeposits
|
$1.97B | USD | Point-in-time |
| Total deposits |
Deposits
|
$18.54B | USD | Point-in-time |
| Total deposits |
Deposits
|
$18.97B | USD | Point-in-time |
| Short-term Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
|
$691.30M | USD | Point-in-time |
| Short-term Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
|
$1.09B | USD | Point-in-time |
| Escrow deposits of borrowers |
EscrowDepositsOfBorrowers
|
$22.31M | USD | Point-in-time |
| Escrow deposits of borrowers |
EscrowDepositsOfBorrowers
|
$25.67M | USD | Point-in-time |
| Interest rate swap collateral funds |
InterestRateSwapCollateralFunds
|
$14.43M | USD | Point-in-time |
| Interest rate swap collateral funds |
InterestRateSwapCollateralFunds
|
$11.78M | USD | Point-in-time |
| Long-term Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$12.66M | USD | Point-in-time |
| Long-term Federal Home Loan Bank advances |
FederalHomeLoanBankAdvancesLongTerm
|
$12.79M | USD | Point-in-time |
| Total borrowed funds |
DebtLongtermAndShorttermCombinedAmount
|
$1.14B | USD | Point-in-time |
| Total borrowed funds |
DebtLongtermAndShorttermCombinedAmount
|
$740.83M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$459.88M | USD | Point-in-time |
| Other liabilities |
OtherLiabilities
|
$461.42M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$20.14B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$20.18B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$19.83B | USD | Point-in-time |
| Commitments and contingencies (see footnote 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies (see footnote 13) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common shares, $0.01 par value, 1,000,000,000 shares authorized, 176,328,426 and 176,172,073 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$1.76M | USD | Point-in-time |
| Common shares, $0.01 par value, 1,000,000,000 shares authorized, 176,328,426 and 176,172,073 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$1.76M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$1.65B | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$1.65B | USD | Point-in-time |
| Unallocated common shares held by the Employee Stock Ownership Plan |
UnearnedESOPShares
|
$136.47M | USD | Point-in-time |
| Unallocated common shares held by the Employee Stock Ownership Plan |
UnearnedESOPShares
|
$137.70M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.88B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.67B | USD | Point-in-time |
| Accumulated other comprehensive income, net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-923.19M | USD | Point-in-time |
| Accumulated other comprehensive income, net of tax |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-609.86M | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$2.47B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$3.41B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$2.58B | USD | Point-in-time |
| Total shareholders equity |
StockholdersEquity
|
$3.01B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$22.72B | USD | Point-in-time |
| Total liabilities and shareholders equity |
LiabilitiesAndStockholdersEquity
|
$22.65B | USD | Point-in-time |
Income Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest and fees on loans |
InterestAndFeeIncomeLoansAndLeases
|
$153.54M | USD | 1 Quarter |
| Interest and fees on loans |
InterestAndFeeIncomeLoansAndLeases
|
$101.37M | USD | 1 Quarter |
| Taxable interest and dividends on securities |
TaxableInterestAndDividendsOnAvailableForSaleSecurities
|
$28.64M | USD | 1 Quarter |
| Taxable interest and dividends on securities |
TaxableInterestAndDividendsOnAvailableForSaleSecurities
|
$27.88M | USD | 1 Quarter |
| Non-taxable interest and dividends on securities |
NontaxableInterestAndDividendsOnAvailableForSaleSecurities
|
$1.43M | USD | 1 Quarter |
| Non-taxable interest and dividends on securities |
NontaxableInterestAndDividendsOnAvailableForSaleSecurities
|
$1.81M | USD | 1 Quarter |
| Interest on federal funds sold and other short-term investments |
InterestOnFederalFundsSoldAndOtherShortTermInvestments
|
$436.00K | USD | 1 Quarter |
| Interest on federal funds sold and other short-term investments |
InterestOnFederalFundsSoldAndOtherShortTermInvestments
|
$5.26M | USD | 1 Quarter |
| Total interest and dividend income |
InterestAndDividendIncomeOperating
|
$131.49M | USD | 1 Quarter |
| Total interest and dividend income |
InterestAndDividendIncomeOperating
|
$188.88M | USD | 1 Quarter |
| Interest on deposits |
InterestExpenseDeposits
|
$42.93M | USD | 1 Quarter |
| Interest on deposits |
InterestExpenseDeposits
|
$3.32M | USD | 1 Quarter |
| Interest on borrowings |
InterestExpenseBorrowings
|
$7.64M | USD | 1 Quarter |
| Interest on borrowings |
InterestExpenseBorrowings
|
$39.00K | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$50.57M | USD | 1 Quarter |
| Total interest expense |
InterestExpense
|
$3.36M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$128.12M | USD | 1 Quarter |
| Net interest income |
InterestIncomeExpenseNet
|
$138.31M | USD | 1 Quarter |
| Provision for (release of) allowance for loan losses |
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
$-485.00K | USD | 1 Quarter |
| Provision for (release of) allowance for loan losses |
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
$25.00K | USD | 1 Quarter |
| Net interest income after provision for (release of) allowance for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$128.61M | USD | 1 Quarter |
| Net interest income after provision for (release of) allowance for loan losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$138.28M | USD | 1 Quarter |
| Insurance commissions |
BrokerageCommissionsRevenue
|
$28.71M | USD | 1 Quarter |
| Insurance commissions |
BrokerageCommissionsRevenue
|
$31.50M | USD | 1 Quarter |
| Service charges on deposit accounts |
ServiceChargesOnDepositAccounts
|
$8.54M | USD | 1 Quarter |
| Service charges on deposit accounts |
ServiceChargesOnDepositAccounts
|
$6.47M | USD | 1 Quarter |
| Trust and investment advisory fees |
TrustAndInvestmentAdvisoryFees
|
$6.14M | USD | 1 Quarter |
| Trust and investment advisory fees |
TrustAndInvestmentAdvisoryFees
|
$5.77M | USD | 1 Quarter |
| Debit card processing fees |
DebitCardProcessingFees
|
$3.17M | USD | 1 Quarter |
| Debit card processing fees |
DebitCardProcessingFees
|
$2.94M | USD | 1 Quarter |
| Interest rate swap (losses) income |
InterestRateSwapIncomeLosses
|
$2.93M | USD | 1 Quarter |
| Interest rate swap (losses) income |
InterestRateSwapIncomeLosses
|
$-408.00K | USD | 1 Quarter |
| Income (losses) from investments held in rabbi trusts |
IncomeFromInvestmentsHeldInRabbiTrusts
|
$-4.43M | USD | 1 Quarter |
| Income (losses) from investments held in rabbi trusts |
IncomeFromInvestmentsHeldInRabbiTrusts
|
$2.86M | USD | 1 Quarter |
| (Losses) gains on sales of mortgage loans held for sale, net |
GainLossOnSaleOfMortgageLoans
|
$-74.00K | USD | 1 Quarter |
| (Losses) gains on sales of mortgage loans held for sale, net |
GainLossOnSaleOfMortgageLoans
|
$169.00K | USD | 1 Quarter |
| Losses on sales of securities available for sale, net |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
$-333.17M | USD | 1 Quarter |
| Losses on sales of securities available for sale, net |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
$-2.17M | USD | 1 Quarter |
| Other |
NoninterestIncomeOther
|
$5.55M | USD | 1 Quarter |
| Other |
NoninterestIncomeOther
|
$3.58M | USD | 1 Quarter |
| Total noninterest (loss) income |
NoninterestIncome
|
$46.41M | USD | 1 Quarter |
| Total noninterest (loss) income |
NoninterestIncome
|
$-278.33M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$69.53M | USD | 1 Quarter |
| Salaries and employee benefits |
LaborAndRelatedExpense
|
$78.48M | USD | 1 Quarter |
| Office occupancy and equipment |
OccupancyNet
|
$9.88M | USD | 1 Quarter |
| Office occupancy and equipment |
OccupancyNet
|
$11.61M | USD | 1 Quarter |
| Data processing |
InformationTechnologyAndDataProcessing
|
$13.44M | USD | 1 Quarter |
| Data processing |
InformationTechnologyAndDataProcessing
|
$15.32M | USD | 1 Quarter |
| Professional services |
ProfessionalFees
|
$3.95M | USD | 1 Quarter |
| Professional services |
ProfessionalFees
|
$3.42M | USD | 1 Quarter |
| Marketing expenses |
MarketingExpense
|
$1.57M | USD | 1 Quarter |
| Marketing expenses |
MarketingExpense
|
$1.10M | USD | 1 Quarter |
| Loan expenses |
LoanProcessingFee
|
$1.92M | USD | 1 Quarter |
| Loan expenses |
LoanProcessingFee
|
$1.09M | USD | 1 Quarter |
| FDIC insurance |
FederalDepositInsuranceCorporationPremiumExpense
|
$1.41M | USD | 1 Quarter |
| FDIC insurance |
FederalDepositInsuranceCorporationPremiumExpense
|
$2.55M | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$960.00K | USD | 1 Quarter |
| Amortization of intangible assets |
AmortizationOfIntangibleAssets
|
$827.00K | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$5.38M | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$2.72M | USD | 1 Quarter |
| Total noninterest expense |
NoninterestExpense
|
$108.87M | USD | 1 Quarter |
| Total noninterest expense |
NoninterestExpense
|
$116.29M | USD | 1 Quarter |
| (Loss) income before income tax (benefit) expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-256.34M | USD | 1 Quarter |
| (Loss) income before income tax (benefit) expense |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$66.16M | USD | 1 Quarter |
| Income tax (benefit) expense |
IncomeTaxExpenseBenefit
|
$14.64M | USD | 1 Quarter |
| Income tax (benefit) expense |
IncomeTaxExpenseBenefit
|
$-62.24M | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$-194.10M | USD | 1 Quarter |
| Net (loss) income |
NetIncomeLoss
|
$51.52M | USD | 1 Quarter |
| Basic (loss) earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$0.30 | USD | 1 Quarter |
| Basic (loss) earnings per share (in dollars per share) |
EarningsPerShareBasic
|
$-1.20 | USD | 1 Quarter |
| Diluted (loss) earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$-1.20 | USD | 1 Quarter |
| Diluted (loss) earnings per share (in dollars per share) |
EarningsPerShareDiluted
|
$0.30 | USD | 1 Quarter |
Cash Flow Statement
102 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-194.10M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$51.52M | USD | 1 Quarter |
| Provision for (release of) allowance for loan losses |
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
$-485.00K | USD | 1 Quarter |
| Provision for (release of) allowance for loan losses |
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
|
$25.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.72M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$3.80M | USD | 1 Quarter |
| Amortization (accretion) of deferred loan fees and premiums, net |
ChangeInUnamortizedNetLoanCostsAndPremiums
|
$-2.65M | USD | 1 Quarter |
| Amortization (accretion) of deferred loan fees and premiums, net |
ChangeInUnamortizedNetLoanCostsAndPremiums
|
$742.00K | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$-73.11M | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$14.13M | USD | 1 Quarter |
| Amortization of investment security premiums and discounts, net |
AmortizationOfDebtDiscountPremium
|
$2.56M | USD | 1 Quarter |
| Amortization of investment security premiums and discounts, net |
AmortizationOfDebtDiscountPremium
|
$4.67M | USD | 1 Quarter |
| Right-of-use asset amortization |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$3.27M | USD | 1 Quarter |
| Right-of-use asset amortization |
OperatingLeaseRightOfUseAssetAmortizationExpense
|
$3.14M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$1.62M | USD | 1 Quarter |
| Share-based compensation |
ShareBasedCompensation
|
$3.04M | USD | 1 Quarter |
| Increase in cash surrender value of bank-owned life insurance |
IncreaseDecreaseInInsuranceSettlementsReceivable
|
$863.00K | USD | 1 Quarter |
| Increase in cash surrender value of bank-owned life insurance |
IncreaseDecreaseInInsuranceSettlementsReceivable
|
$965.00K | USD | 1 Quarter |
| Loss on sale of securities available for sale, net |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
$-333.17M | USD | 1 Quarter |
| Loss on sale of securities available for sale, net |
DebtSecuritiesAvailableForSaleRealizedGainLoss
|
$-2.17M | USD | 1 Quarter |
| Accretion of gains from terminated interest rate swaps |
AmortizationOfDeferredHedgeGains
|
$-5.30M | USD | 1 Quarter |
| Accretion of gains from terminated interest rate swaps |
AmortizationOfDeferredHedgeGains
|
$-46.00K | USD | 1 Quarter |
| Employee Stock Ownership Plan expense |
EmployeeStockOwnershipPlanESOPCompensationExpense
|
$1.73M | USD | 1 Quarter |
| Employee Stock Ownership Plan expense |
EmployeeStockOwnershipPlanESOPCompensationExpense
|
$2.63M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$1.01M | USD | 1 Quarter |
| Other |
OtherOperatingActivitiesCashFlowStatement
|
$34.00K | USD | 1 Quarter |
| Loans held for sale |
IncreaseDecreaseInLoansHeldForSale
|
$-40.00K | USD | 1 Quarter |
| Loans held for sale |
IncreaseDecreaseInLoansHeldForSale
|
$-1.45M | USD | 1 Quarter |
| Prepaid pension expense |
IncreaseDecreaseInPrepaidExpense
|
$7.68M | USD | 1 Quarter |
| Prepaid pension expense |
IncreaseDecreaseInPrepaidExpense
|
$-1.20M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-40.30M | USD | 1 Quarter |
| Other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$8.77M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$26.69M | USD | 1 Quarter |
| Other liabilities |
IncreaseDecreaseInOtherOperatingLiabilities
|
$-39.81M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$68.38M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$100.52M | USD | 1 Quarter |
| Proceeds from sales of securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$1.90B | USD | 1 Quarter |
| Proceeds from sales of securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$232.56M | USD | 1 Quarter |
| Proceeds from maturities and principal paydowns of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$130.55M | USD | 1 Quarter |
| Proceeds from maturities and principal paydowns of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$362.68M | USD | 1 Quarter |
| Purchases of securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$471.54M | USD | 1 Quarter |
| Purchases of securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Proceeds from maturities and principal paydowns of securities held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$421.00K | USD | 1 Quarter |
| Proceeds from maturities and principal paydowns of securities held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$5.57M | USD | 1 Quarter |
| Purchases of securities held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
- | USD | 1 Quarter |
| Purchases of securities held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
$395.83M | USD | 1 Quarter |
| Proceeds from sale of Federal Home Loan Bank stock |
ProceedsFromSaleOfFederalHomeLoanBankStock
|
- | USD | 1 Quarter |
| Proceeds from sale of Federal Home Loan Bank stock |
ProceedsFromSaleOfFederalHomeLoanBankStock
|
$105.70M | USD | 1 Quarter |
| Purchases of Federal Home Loan Bank stock |
PaymentsToAcquireFederalHomeLoanBankStock
|
- | USD | 1 Quarter |
| Purchases of Federal Home Loan Bank stock |
PaymentsToAcquireFederalHomeLoanBankStock
|
$109.51M | USD | 1 Quarter |
| Contributions to low income housing tax credit investments |
ContributionsToLowIncomeHousingTaxCreditInvestments
|
$-10.93M | USD | 1 Quarter |
| Contributions to low income housing tax credit investments |
ContributionsToLowIncomeHousingTaxCreditInvestments
|
$-5.64M | USD | 1 Quarter |
| Contributions to other equity investments |
PaymentsToAcquireOtherInvestments
|
- | USD | 1 Quarter |
| Contributions to other equity investments |
PaymentsToAcquireOtherInvestments
|
$405.00K | USD | 1 Quarter |
| Distributions from other equity investments |
ProceedsFromSaleOfOtherInvestments
|
$90.00K | USD | 1 Quarter |
| Distributions from other equity investments |
ProceedsFromSaleOfOtherInvestments
|
$606.00K | USD | 1 Quarter |
| Net (increase) decrease in outstanding loans, excluding loan purchases |
ProceedsFromPaymentsForOutstandingLoans
|
$99.85M | USD | 1 Quarter |
| Net (increase) decrease in outstanding loans, excluding loan purchases |
ProceedsFromPaymentsForOutstandingLoans
|
$-68.04M | USD | 1 Quarter |
| Purchases of loans |
PaymentsToAcquireFinanceReceivables
|
- | USD | 1 Quarter |
| Purchases of loans |
PaymentsToAcquireFinanceReceivables
|
$31.98M | USD | 1 Quarter |
| Proceeds from life insurance policies |
ProceedsFromLifeInsurancePolicies
|
- | USD | 1 Quarter |
| Proceeds from life insurance policies |
ProceedsFromLifeInsurancePolicies
|
$19.74M | USD | 1 Quarter |
| Acquisitions, net of cash and cash equivalents acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
- | USD | 1 Quarter |
| Acquisitions, net of cash and cash equivalents acquired |
PaymentsToAcquireBusinessesNetOfCashAcquired
|
$5.20M | USD | 1 Quarter |
| Purchased banking premises and equipment, net |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$1.22M | USD | 1 Quarter |
| Purchased banking premises and equipment, net |
PaymentsToAcquireOtherPropertyPlantAndEquipment
|
$3.28M | USD | 1 Quarter |
| Proceeds from sale of premises held for sale |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$8.39M | USD | 1 Quarter |
| Proceeds from sale of premises held for sale |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.92B | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-157.26M | USD | 1 Quarter |
| Net decrease in demand, savings, interest checking, and money market investment deposit accounts |
IncreaseDecreaseInDemandDeposits
|
$-775.80M | USD | 1 Quarter |
| Net decrease in demand, savings, interest checking, and money market investment deposit accounts |
IncreaseDecreaseInDemandDeposits
|
$-155.43M | USD | 1 Quarter |
| Net increase (decrease) in time deposits |
IncreaseDecreaseInTimeDeposits
|
$-80.07M | USD | 1 Quarter |
| Net increase (decrease) in time deposits |
IncreaseDecreaseInTimeDeposits
|
$343.02M | USD | 1 Quarter |
| Net increase in borrowed funds |
ProceedsFromRepaymentsOfBorrowedFunds
|
$644.00K | USD | 1 Quarter |
| Net increase in borrowed funds |
ProceedsFromRepaymentsOfBorrowedFunds
|
$397.57M | USD | 1 Quarter |
| Contingent consideration paid |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$369.00K | USD | 1 Quarter |
| Contingent consideration paid |
PaymentForContingentConsiderationLiabilityFinancingActivities
|
$63.00K | USD | 1 Quarter |
| Payments for repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
$60.59M | USD | 1 Quarter |
| Payments for repurchases of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Dividends declared and paid to common shareholders |
PaymentsOfDividends
|
$16.91M | USD | 1 Quarter |
| Dividends declared and paid to common shareholders |
PaymentsOfDividends
|
$16.19M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-312.42M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-51.77M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-401.30M | USD | 1 Quarter |
| Net increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$1.97B | USD | 1 Quarter |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.14B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.23B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$830.49M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.50M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$2.14B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$1.23B | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$830.49M | USD | Point-in-time |
| Cash, cash equivalents, and restricted cash at end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$169.50M | USD | Point-in-time |
| Interest paid on deposits and borrowings |
InterestPaidNet
|
$46.71M | USD | 1 Quarter |
| Interest paid on deposits and borrowings |
InterestPaidNet
|
$3.34M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$5.50M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
$5.86M | USD | 1 Quarter |
| Net increase in capital commitments relating to low income housing tax credit projects |
NetIncreaseInCapitalCommitmentsRelatingToLowIncomeHousingTaxCreditProjects
|
$51.52M | USD | 1 Quarter |
| Net increase in capital commitments relating to low income housing tax credit projects |
NetIncreaseInCapitalCommitmentsRelatingToLowIncomeHousingTaxCreditProjects
|
$530.00K | USD | 1 Quarter |
| Net increase in operating lease right of use assets and operating lease liabilities relating to lease remeasurements/modifications |
NetIncreaseInOperatingLeaseRightOfUseAssetsAndOperatingLeaseLiabilitiesRelatingToLeaseRemeasurementsAndModifications
|
$1.52M | USD | 1 Quarter |
| Net increase in operating lease right of use assets and operating lease liabilities relating to lease remeasurements/modifications |
NetIncreaseInOperatingLeaseRightOfUseAssetsAndOperatingLeaseLiabilitiesRelatingToLeaseRemeasurementsAndModifications
|
- | USD | 1 Quarter |
Stockholders Equity
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.88B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.67B | USD | Point-in-time |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$-73.11M | USD | 1 Quarter |
| Deferred income tax (benefit) expense |
DeferredIncomeTaxExpenseBenefit
|
$14.13M | USD | 1 Quarter |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
176.33M | shares | Point-in-time |
| Beginning balance (in shares) |
CommonStockSharesOutstanding
|
176.17M | shares | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$2.47B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$3.41B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$2.58B | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$3.01B | USD | Point-in-time |
| Dividends to common shareholders |
DividendsCommonStockCash
|
$17.07M | USD | 1 Quarter |
| Dividends to common shareholders |
DividendsCommonStockCash
|
$16.33M | USD | 1 Quarter |
| Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
$-1.16M | USD | 1 Quarter |
| Repurchased common stock (in shares) |
StockRepurchasedDuringPeriodShares
|
2.87M | shares | 1 Quarter |
| Repurchased common stock (in shares) |
StockRepurchasedDuringPeriodShares
|
0.00 | shares | 1 Quarter |
| Repurchased common stock |
StockRepurchasedDuringPeriodValue
|
$60.59M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$3.04M | USD | 1 Quarter |
| Share-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.62M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-194.10M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$51.52M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-355.96M | USD | 1 Quarter |
| Other comprehensive income (loss), net of tax |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$313.33M | USD | 1 Quarter |
| ESOP shares committed to be released |
EmployeeStockOwnershipPlanESOPValueCommittedToBeReleasedShares
|
$1.73M | USD | 1 Quarter |
| ESOP shares committed to be released |
EmployeeStockOwnershipPlanESOPValueCommittedToBeReleasedShares
|
$2.63M | USD | 1 Quarter |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
176.33M | shares | Point-in-time |
| Ending balance (in shares) |
CommonStockSharesOutstanding
|
176.17M | shares | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.47B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$3.41B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$2.58B | USD | Point-in-time |
| Ending balance |
StockholdersEquity
|
$3.01B | USD | Point-in-time |
Comprehensive Income
12 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) |
NetIncomeLoss
|
$-194.10M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$51.52M | USD | 1 Quarter |
| Net change in fair value of securities available for sale |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$292.03M | USD | 1 Quarter |
| Net change in fair value of securities available for sale |
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent
|
$-352.02M | USD | 1 Quarter |
| Net change in fair value of cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$21.68M | USD | 1 Quarter |
| Net change in fair value of cash flow hedges |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-3.81M | USD | 1 Quarter |
| Net change in other comprehensive income for defined benefit postretirement plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$124.00K | USD | 1 Quarter |
| Net change in other comprehensive income for defined benefit postretirement plans |
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
|
$381.00K | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-355.96M | USD | 1 Quarter |
| Total other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$313.33M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-304.44M | USD | 1 Quarter |
| Total comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$119.23M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.