10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000039311-23-000059 |
| Period End Date | 20230331 |
| Filing Date | 20230505 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | ibcp-20230331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Securities held-to-maturity, fair value |
HeldToMaturitySecuritiesFairValue
|
$339.34M | USD | Point-in-time |
| Securities held-to-maturity, fair value |
HeldToMaturitySecuritiesFairValue
|
$335.42M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockNoParValue
|
- | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockNoParValue
|
- | USD | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
200,000.00 | shares | Point-in-time |
| Preferred stock, shares authorized (in shares) |
PreferredStockSharesAuthorized
|
200,000.00 | shares | 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 |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Preferred stock, shares outstanding (in shares) |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$47.82M | USD | Point-in-time |
| Cash and due from banks |
CashAndDueFromBanks
|
$70.18M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
500.00M | shares | Point-in-time |
| Interest bearing deposits |
InterestBearingDepositsInBanks
|
$179.20M | USD | Point-in-time |
| Interest bearing deposits |
InterestBearingDepositsInBanks
|
$4.19M | USD | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
21.06M | shares | Point-in-time |
| Common stock, shares issued (in shares) |
CommonStockSharesIssued
|
21.14M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$227.02M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$74.37M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
21.14M | shares | Point-in-time |
| Securities available for sale |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$767.53M | USD | Point-in-time |
| Securities available for sale |
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
|
$779.35M | USD | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
21.06M | shares | Point-in-time |
| Securities held to maturity |
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$374.82M | USD | Point-in-time |
| Securities held to maturity |
DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss
|
$369.58M | USD | Point-in-time |
| Federal Home Loan Bank and Federal Reserve Bank stock, at cost |
FederalHomeLoanBankStockAndFederalReserveBankStock
|
$17.65M | USD | Point-in-time |
| Federal Home Loan Bank and Federal Reserve Bank stock, at cost |
FederalHomeLoanBankStockAndFederalReserveBankStock
|
$17.65M | USD | Point-in-time |
| Loans held for sale, carried at fair value |
LoansHeldForSaleFairValueDisclosure
|
$16.93M | USD | Point-in-time |
| Loans held for sale, carried at fair value |
LoansHeldForSaleFairValueDisclosure
|
$26.52M | USD | Point-in-time |
| Loans held for sale, carried at lower of cost or fair value |
LoansHeldForSaleCarriedAtLowerOfCostOrFairValue
|
$20.37M | USD | Point-in-time |
| Loans held for sale, carried at lower of cost or fair value |
LoansHeldForSaleCarriedAtLowerOfCostOrFairValue
|
- | USD | Point-in-time |
| Financing receivable, before allowance for credit loss |
NotesReceivableGross
|
$3.51B | USD | Point-in-time |
| Financing receivable, before allowance for credit loss |
NotesReceivableGross
|
$3.47B | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$45.63M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$47.25M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$50.55M | USD | Point-in-time |
| Allowance for credit losses |
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
|
$52.44M | USD | Point-in-time |
| Net Loans |
NotesReceivableNet
|
$3.41B | USD | Point-in-time |
| Net Loans |
NotesReceivableNet
|
$3.46B | USD | Point-in-time |
| Other real estate and repossessed assets, net |
ForeclosedAssets
|
$499.00K | USD | Point-in-time |
| Other real estate and repossessed assets, net |
ForeclosedAssets
|
$455.00K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$35.89M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$35.76M | USD | Point-in-time |
| Bank-owned life insurance |
BankOwnedLifeInsurance
|
$55.31M | USD | Point-in-time |
| Bank-owned life insurance |
BankOwnedLifeInsurance
|
$55.20M | USD | Point-in-time |
| Capitalized mortgage loan servicing rights, carried at fair value |
ServicingAssetAtFairValueAmount
|
$42.49M | USD | Point-in-time |
| Capitalized mortgage loan servicing rights, carried at fair value |
ServicingAssetAtFairValueAmount
|
$41.92M | USD | Point-in-time |
| Other intangibles |
IntangibleAssetsNetExcludingGoodwill
|
$2.55M | USD | Point-in-time |
| Other intangibles |
IntangibleAssetsNetExcludingGoodwill
|
$2.42M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$28.30M | USD | Point-in-time |
| Goodwill |
Goodwill
|
$28.30M | USD | Point-in-time |
| Accrued income and other assets |
OtherAssets
|
$128.90M | USD | Point-in-time |
| Accrued income and other assets |
OtherAssets
|
$116.75M | USD | Point-in-time |
| Total Assets |
Assets
|
$5.14B | USD | Point-in-time |
| Total Assets |
Assets
|
$5.00B | USD | Point-in-time |
| Non-interest bearing |
NoninterestBearingDepositLiabilities
|
$1.19B | USD | Point-in-time |
| Non-interest bearing |
NoninterestBearingDepositLiabilities
|
$1.27B | USD | Point-in-time |
| Savings and interest-bearing checking |
DepositsSavingsDeposits
|
$1.97B | USD | Point-in-time |
| Savings and interest-bearing checking |
DepositsSavingsDeposits
|
$1.98B | USD | Point-in-time |
| Reciprocal |
ReciprocalDeposits
|
$685.46M | USD | Point-in-time |
| Reciprocal |
ReciprocalDeposits
|
$602.58M | USD | Point-in-time |
| Time |
InterestBearingDomesticDepositTimeDeposits
|
$407.27M | USD | Point-in-time |
| Time |
InterestBearingDomesticDepositTimeDeposits
|
$321.49M | USD | Point-in-time |
| Brokered time |
InterestBearingDomesticDepositBrokered
|
$284.53M | USD | Point-in-time |
| Brokered time |
InterestBearingDomesticDepositBrokered
|
$211.94M | USD | Point-in-time |
| Total Deposits |
Deposits
|
$4.38B | USD | Point-in-time |
| Total Deposits |
Deposits
|
$4.54B | USD | Point-in-time |
| Other borrowings |
OtherBorrowings
|
$86.01M | USD | Point-in-time |
| Other borrowings |
OtherBorrowings
|
$50.03M | USD | Point-in-time |
| Subordinated debt |
SubordinatedDebt
|
$39.45M | USD | Point-in-time |
| Subordinated debt |
SubordinatedDebt
|
$39.43M | USD | Point-in-time |
| Subordinated debentures |
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
|
$39.68M | USD | Point-in-time |
| Subordinated debentures |
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
|
$39.66M | USD | Point-in-time |
| Accrued expenses and other liabilities |
OtherLiabilities
|
$97.31M | USD | Point-in-time |
| Accrued expenses and other liabilities |
OtherLiabilities
|
$108.02M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$4.77B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$4.65B | USD | Point-in-time |
| Commitments and contingent liabilities |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingent liabilities |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 21,138,303 shares at March 31, 2023 and 21,063,971 shares at December 31, 2022 |
CommonStockValue
|
$321.03M | USD | Point-in-time |
| Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 21,138,303 shares at March 31, 2023 and 21,063,971 shares at December 31, 2022 |
CommonStockValue
|
$320.99M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$119.37M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$127.50M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-80.81M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-92.76M | USD | Point-in-time |
| Total Shareholders Equity |
StockholdersEquity
|
$347.60M | USD | Point-in-time |
| Total Shareholders Equity |
StockholdersEquity
|
$355.45M | USD | Point-in-time |
| Total Shareholders Equity |
StockholdersEquity
|
$398.48M | USD | Point-in-time |
| Total Shareholders Equity |
StockholdersEquity
|
$367.71M | USD | Point-in-time |
| Total Liabilities and Shareholders Equity |
LiabilitiesAndStockholdersEquity
|
$5.14B | USD | Point-in-time |
| Total Liabilities and Shareholders Equity |
LiabilitiesAndStockholdersEquity
|
$5.00B | USD | Point-in-time |
Income Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest and fees on loans |
InterestAndFeeIncomeLoansAndLeases
|
$44.29M | USD | 1 Quarter |
| Interest and fees on loans |
InterestAndFeeIncomeLoansAndLeases
|
$28.42M | USD | 1 Quarter |
| Taxable |
InterestIncomeSecuritiesTaxable
|
$5.88M | USD | 1 Quarter |
| Taxable |
InterestIncomeSecuritiesTaxable
|
$4.55M | USD | 1 Quarter |
| Tax-exempt |
InterestIncomeSecuritiesTaxExempt
|
$1.55M | USD | 1 Quarter |
| Tax-exempt |
InterestIncomeSecuritiesTaxExempt
|
$3.08M | USD | 1 Quarter |
| Other investments |
OtherInterestAndDividendIncome
|
$217.00K | USD | 1 Quarter |
| Other investments |
OtherInterestAndDividendIncome
|
$675.00K | USD | 1 Quarter |
| Total Interest Income |
InterestAndDividendIncomeOperating
|
$53.94M | USD | 1 Quarter |
| Total Interest Income |
InterestAndDividendIncomeOperating
|
$34.74M | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$767.00K | USD | 1 Quarter |
| Deposits |
InterestExpenseDeposits
|
$13.76M | USD | 1 Quarter |
| Other borrowings and subordinated debt and debentures |
InterestExpenseBorrowings
|
$1.74M | USD | 1 Quarter |
| Other borrowings and subordinated debt and debentures |
InterestExpenseBorrowings
|
$973.00K | USD | 1 Quarter |
| Total Interest Expense |
InterestExpense
|
$15.49M | USD | 1 Quarter |
| Total Interest Expense |
InterestExpense
|
$1.74M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$38.44M | USD | 1 Quarter |
| Net Interest Income |
InterestIncomeExpenseNet
|
$33.00M | USD | 1 Quarter |
| Provision for credit losses |
ProvisionForLossReimbursementOnSoldLoans
|
$-1.57M | USD | 1 Quarter |
| Provision for credit losses |
ProvisionForLossReimbursementOnSoldLoans
|
$2.16M | USD | 1 Quarter |
| Net Interest Income After Provision for Credit Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$36.28M | USD | 1 Quarter |
| Net Interest Income After Provision for Credit Losses |
InterestIncomeExpenseAfterProvisionForLoanLoss
|
$34.57M | USD | 1 Quarter |
| Interchange income |
InterchangeIncome
|
$3.08M | USD | 1 Quarter |
| Interchange income |
InterchangeIncome
|
$3.21M | USD | 1 Quarter |
| Service charges on deposit accounts |
DepositorAccountsFeesAndCommissions
|
$2.96M | USD | 1 Quarter |
| Service charges on deposit accounts |
DepositorAccountsFeesAndCommissions
|
$2.86M | USD | 1 Quarter |
| Mortgage loans |
GainLossOnSalesOfLoansNet
|
$835.00K | USD | 1 Quarter |
| Mortgage loans |
GainLossOnSalesOfLoansNet
|
$1.26M | USD | 1 Quarter |
| Securities available for sale |
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
$70.00K | USD | 1 Quarter |
| Securities available for sale |
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
$-222.00K | USD | 1 Quarter |
| Mortgage loan servicing, net |
MortgageLoanServicingIncome
|
$726.00K | USD | 1 Quarter |
| Mortgage loan servicing, net |
MortgageLoanServicingIncome
|
$9.64M | USD | 1 Quarter |
| Other |
NoninterestIncomeOtherOperatingIncome
|
$2.73M | USD | 1 Quarter |
| Other |
NoninterestIncomeOtherOperatingIncome
|
$2.36M | USD | 1 Quarter |
| Total Non-interest Income |
NoninterestIncome
|
$10.55M | USD | 1 Quarter |
| Total Non-interest Income |
NoninterestIncome
|
$18.95M | USD | 1 Quarter |
| Compensation and employee benefits |
LaborAndRelatedExpense
|
$20.13M | USD | 1 Quarter |
| Compensation and employee benefits |
LaborAndRelatedExpense
|
$19.34M | USD | 1 Quarter |
| Data processing |
DataProcessing
|
$2.99M | USD | 1 Quarter |
| Data processing |
DataProcessing
|
$2.22M | USD | 1 Quarter |
| Occupancy, net |
OccupancyNet
|
$2.54M | USD | 1 Quarter |
| Occupancy, net |
OccupancyNet
|
$2.16M | USD | 1 Quarter |
| Interchange expense |
InterchangeExpense
|
$1.05M | USD | 1 Quarter |
| Interchange expense |
InterchangeExpense
|
$1.01M | USD | 1 Quarter |
| Furniture, fixtures and equipment |
EquipmentExpense
|
$926.00K | USD | 1 Quarter |
| Furniture, fixtures and equipment |
EquipmentExpense
|
$1.04M | USD | 1 Quarter |
| FDIC deposit insurance |
FederalDepositInsuranceCorporationPremiumExpense
|
$522.00K | USD | 1 Quarter |
| FDIC deposit insurance |
FederalDepositInsuranceCorporationPremiumExpense
|
$783.00K | USD | 1 Quarter |
| Communications |
Communication
|
$757.00K | USD | 1 Quarter |
| Communications |
Communication
|
$668.00K | USD | 1 Quarter |
| Legal and professional |
ProfessionalFees
|
$493.00K | USD | 1 Quarter |
| Legal and professional |
ProfessionalFees
|
$607.00K | USD | 1 Quarter |
| Loan and collection |
LoanAndCollection
|
$578.00K | USD | 1 Quarter |
| Loan and collection |
LoanAndCollection
|
$559.00K | USD | 1 Quarter |
| Advertising |
AdvertisingExpense
|
$680.00K | USD | 1 Quarter |
| Advertising |
AdvertisingExpense
|
$495.00K | USD | 1 Quarter |
| Recoveries related to unfunded lending commitments |
CostsRecoveriesRelatedToUnfundedLendingCommitments
|
$-475.00K | USD | 1 Quarter |
| Recoveries related to unfunded lending commitments |
CostsRecoveriesRelatedToUnfundedLendingCommitments
|
$-355.00K | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$1.85M | USD | 1 Quarter |
| Other |
OtherNoninterestExpense
|
$1.84M | USD | 1 Quarter |
| Total Non-interest Expense |
NoninterestExpense
|
$30.96M | USD | 1 Quarter |
| Total Non-interest Expense |
NoninterestExpense
|
$31.45M | USD | 1 Quarter |
| Income Before Income Tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$22.07M | USD | 1 Quarter |
| Income Before Income Tax |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$15.88M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$2.88M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$4.11M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$12.99M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$17.97M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.85 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.62 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.84 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.61 | USD | 1 Quarter |
Cash Flow Statement
90 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net Income |
NetIncomeLoss
|
$12.99M | USD | 1 Quarter |
| Net Income |
NetIncomeLoss
|
$17.97M | USD | 1 Quarter |
| Proceeds from sales of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$190.62M | USD | 1 Quarter |
| Proceeds from sales of loans held for sale |
ProceedsFromSaleOfLoansHeldForSale
|
$65.43M | USD | 1 Quarter |
| Disbursements for loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$164.23M | USD | 1 Quarter |
| Disbursements for loans held for sale |
PaymentsForOriginationOfMortgageLoansHeldForSale
|
$54.43M | USD | 1 Quarter |
| Provision for credit losses |
ProvisionForLossReimbursementOnSoldLoans
|
$-1.57M | USD | 1 Quarter |
| Provision for credit losses |
ProvisionForLossReimbursementOnSoldLoans
|
$2.16M | USD | 1 Quarter |
| Deferred income tax expense |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-2.17M | USD | 1 Quarter |
| Deferred income tax expense |
IncreaseDecreaseInDeferredIncomeTaxes
|
$-1.44M | USD | 1 Quarter |
| Net deferred loan fees (costs) |
IncreaseDecreaseInLoansDeferredIncome
|
$-160.00K | USD | 1 Quarter |
| Net deferred loan fees (costs) |
IncreaseDecreaseInLoansDeferredIncome
|
$1.11M | USD | 1 Quarter |
| Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans |
DepreciationAmortizationAndAccretionNet
|
$2.42M | USD | 1 Quarter |
| Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans |
DepreciationAmortizationAndAccretionNet
|
$2.87M | USD | 1 Quarter |
| Net gains on mortgage loans |
GainLossOnSalesOfLoansNet
|
$835.00K | USD | 1 Quarter |
| Net gains on mortgage loans |
GainLossOnSalesOfLoansNet
|
$1.26M | USD | 1 Quarter |
| Net (gains) losses on securities available for sale |
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
$70.00K | USD | 1 Quarter |
| Net (gains) losses on securities available for sale |
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
|
$-222.00K | USD | 1 Quarter |
| Share based compensation |
ShareBasedCompensation
|
$569.00K | USD | 1 Quarter |
| Share based compensation |
ShareBasedCompensation
|
$511.00K | USD | 1 Quarter |
| (Increase) Decrease in accrued income and other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-1.96M | USD | 1 Quarter |
| (Increase) Decrease in accrued income and other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$6.95M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-8.11M | USD | 1 Quarter |
| Decrease in accrued expenses and other liabilities |
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
$-789.00K | USD | 1 Quarter |
| Total Adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$20.60M | USD | 1 Quarter |
| Total Adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$10.57M | USD | 1 Quarter |
| Net Cash From Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$38.57M | USD | 1 Quarter |
| Net Cash From Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$23.56M | USD | 1 Quarter |
| Proceeds from the sale of securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$4.39M | USD | 1 Quarter |
| Proceeds from the sale of securities available for sale |
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
|
$278.00K | USD | 1 Quarter |
| Proceeds from maturities, prepayments and calls of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$64.10M | USD | 1 Quarter |
| Proceeds from maturities, prepayments and calls of securities available for sale |
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
$27.74M | USD | 1 Quarter |
| Proceeds from maturities, prepayments and calls of securities held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
- | USD | 1 Quarter |
| Proceeds from maturities, prepayments and calls of securities held to maturity |
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
|
$3.33M | USD | 1 Quarter |
| Purchases of securities held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
$400.00K | USD | 1 Quarter |
| Purchases of securities held to maturity |
PaymentsToAcquireHeldToMaturitySecurities
|
- | USD | 1 Quarter |
| Purchases of securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
- | USD | 1 Quarter |
| Purchases of securities available for sale |
PaymentsToAcquireAvailableForSaleSecuritiesDebt
|
$124.56M | USD | 1 Quarter |
| Proceeds from the redemption of Federal Home Loan Bank stock |
ProceedsFromSaleOfFederalHomeLoanBankStock
|
- | USD | 1 Quarter |
| Proceeds from the redemption of Federal Home Loan Bank stock |
ProceedsFromSaleOfFederalHomeLoanBankStock
|
$774.00K | USD | 1 Quarter |
| Net increase in portfolio loans (loans originated, net of principal payments) |
NetIncreaseDecreaseOfPortfolioLoansOriginatedNetOfPrincipalPayments
|
$66.33M | USD | 1 Quarter |
| Net increase in portfolio loans (loans originated, net of principal payments) |
NetIncreaseDecreaseOfPortfolioLoansOriginatedNetOfPrincipalPayments
|
$96.68M | USD | 1 Quarter |
| Proceeds from the sale of portfolio loans |
ProceedsFromSaleOfLoansHeldForInvestment
|
$41.24M | USD | 1 Quarter |
| Proceeds from the sale of portfolio loans |
ProceedsFromSaleOfLoansHeldForInvestment
|
$33.76M | USD | 1 Quarter |
| Proceeds from bank-owned life insurance |
ProceedsFromLifeInsurancePolicies
|
$433.00K | USD | 1 Quarter |
| Proceeds from bank-owned life insurance |
ProceedsFromLifeInsurancePolicies
|
- | USD | 1 Quarter |
| Proceeds from the sale of other real estate and repossessed assets |
ProceedsFromSaleOfForeclosedAssets
|
$243.00K | USD | 1 Quarter |
| Proceeds from the sale of other real estate and repossessed assets |
ProceedsFromSaleOfForeclosedAssets
|
$138.00K | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$2.38M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToAcquirePropertyPlantAndEquipment
|
$1.32M | USD | 1 Quarter |
| Net Cash From (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-120.03M | USD | 1 Quarter |
| Net Cash From (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$4.78M | USD | 1 Quarter |
| Net increase in total deposits |
IncreaseDecreaseInDeposits
|
$88.41M | USD | 1 Quarter |
| Net increase in total deposits |
IncreaseDecreaseInDeposits
|
$165.68M | USD | 1 Quarter |
| Net increase (decrease) in other borrowings |
ProceedsFromRepaymentsOfOtherDebt
|
$-60.98M | USD | 1 Quarter |
| Net increase (decrease) in other borrowings |
ProceedsFromRepaymentsOfOtherDebt
|
$-3.00K | USD | 1 Quarter |
| Proceeds from Federal Home Loan Bank Advances |
ProceedsFromFederalHomeLoanBankBorrowings
|
- | USD | 1 Quarter |
| Proceeds from Federal Home Loan Bank Advances |
ProceedsFromFederalHomeLoanBankBorrowings
|
$95.00M | USD | 1 Quarter |
| Payments of Federal Home Loan Bank Advances |
RepaymentsOfFederalHomeLoanBankBorrowings
|
$70.00M | USD | 1 Quarter |
| Payments of Federal Home Loan Bank Advances |
RepaymentsOfFederalHomeLoanBankBorrowings
|
- | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$4.67M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividends
|
$4.86M | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$48.00K | USD | 1 Quarter |
| Proceeds from issuance of common stock |
ProceedsFromIssuanceOfCommonStock
|
$13.00K | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
$1.38M | USD | 1 Quarter |
| Repurchase of common stock |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Share based compensation withholding obligation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$582.00K | USD | 1 Quarter |
| Share based compensation withholding obligation |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$560.00K | USD | 1 Quarter |
| Net Cash From Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$81.81M | USD | 1 Quarter |
| Net Cash From Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$124.31M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$348.00K | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$152.65M | USD | 1 Quarter |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$227.02M | USD | Point-in-time |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.47M | USD | Point-in-time |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$74.37M | USD | Point-in-time |
| Cash and Cash Equivalents at Beginning of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.82M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$227.02M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.47M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$74.37M | USD | Point-in-time |
| Cash and Cash Equivalents at End of Period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$109.82M | USD | Point-in-time |
| Interest |
InterestPaidNet
|
$1.10M | USD | 1 Quarter |
| Interest |
InterestPaidNet
|
$13.70M | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Income taxes |
IncomeTaxesPaid
|
- | USD | 1 Quarter |
| Transfers to other real estate and repossessed assets |
TransferOfOtherRealEstate
|
$276.00K | USD | 1 Quarter |
| Transfers to other real estate and repossessed assets |
TransferOfOtherRealEstate
|
$241.00K | USD | 1 Quarter |
| Right of use assets obtained in exchange for lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
$400.00K | USD | 1 Quarter |
| Right of use assets obtained in exchange for lease obligations |
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
- | USD | 1 Quarter |
| Purchase of securities available for sale not yet settled |
PurchaseOfSecuritiesAvailableForSaleNotYetSettled
|
- | USD | 1 Quarter |
| Purchase of securities available for sale not yet settled |
PurchaseOfSecuritiesAvailableForSaleNotYetSettled
|
$10.54M | USD | 1 Quarter |
Stockholders Equity
30 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.22 | USD | 1 Quarter |
| Common stock, dividends declared (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.23 | USD | 1 Quarter |
| Repurchases of common stock (in shares) |
StockRepurchasedDuringPeriodShares
|
59,002.00 | shares | 1 Quarter |
| Stock issued during period, new issues (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
15,500.00 | shares | 1 Quarter |
| Stock issued during period, new issues (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
15,100.00 | shares | 1 Quarter |
| Share-based payment arrangement, shares issued, after forfeiture (in shares) |
StockIssuedDuringPeriodSharesShareBasedCompensation
|
65,461.00 | shares | 1 Quarter |
| Share-based payment arrangement, shares issued, after forfeiture (in shares) |
StockIssuedDuringPeriodSharesShareBasedCompensation
|
86,394.00 | shares | 1 Quarter |
| Share-based payment arrangement, shares withheld for tax withholding obligation (in shares) |
SharesPaidForTaxWithholdingForShareBasedCompensation
|
27,562.00 | shares | 1 Quarter |
| Share-based payment arrangement, shares withheld for tax withholding obligation (in shares) |
SharesPaidForTaxWithholdingForShareBasedCompensation
|
24,365.00 | shares | 1 Quarter |
| Balances at beginning of period |
StockholdersEquity
|
$347.60M | USD | Point-in-time |
| Balances at beginning of period |
StockholdersEquity
|
$355.45M | USD | Point-in-time |
| Balances at beginning of period |
StockholdersEquity
|
$398.48M | USD | Point-in-time |
| Balances at beginning of period |
StockholdersEquity
|
$367.71M | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$12.99M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.97M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$4.86M | USD | 1 Quarter |
| Cash dividends declared |
DividendsCommonStockCash
|
$4.67M | USD | 1 Quarter |
| Repurchase of common stock |
StockRepurchasedDuringPeriodValue
|
$1.38M | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$13.00K | USD | 1 Quarter |
| Issuance of common stock |
StockIssuedDuringPeriodValueNewIssues
|
$48.00K | USD | 1 Quarter |
| Share based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$569.00K | USD | 1 Quarter |
| Share based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$511.00K | USD | 1 Quarter |
| Share based compensation withholding obligation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$560.00K | USD | 1 Quarter |
| Share based compensation withholding obligation |
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
$582.00K | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$11.95M | USD | 1 Quarter |
| Other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-54.91M | USD | 1 Quarter |
| Balances at end of period |
StockholdersEquity
|
$347.60M | USD | Point-in-time |
| Balances at end of period |
StockholdersEquity
|
$355.45M | USD | Point-in-time |
| Balances at end of period |
StockholdersEquity
|
$398.48M | USD | Point-in-time |
| Balances at end of period |
StockholdersEquity
|
$367.71M | USD | Point-in-time |
Comprehensive Income
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$12.99M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$17.97M | USD | 1 Quarter |
| Unrealized gains (losses) arising during period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$14.39M | USD | 1 Quarter |
| Unrealized gains (losses) arising during period |
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
$-69.44M | USD | 1 Quarter |
| Accretion of net unrealized losses on securities transferred to held to maturity |
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
|
$-850.00K | USD | 1 Quarter |
| Accretion of net unrealized losses on securities transferred to held to maturity |
OciDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAdjustmentFromAociForAmortizationOfGainLossBeforeTax
|
- | USD | 1 Quarter |
| Reclassification adjustments for (gains) losses included in earnings |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$70.00K | USD | 1 Quarter |
| Reclassification adjustments for (gains) losses included in earnings |
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
|
$-222.00K | USD | 1 Quarter |
| Unrealized gains (losses) recognized in other comprehensive income (loss) on securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$-69.51M | USD | 1 Quarter |
| Unrealized gains (losses) recognized in other comprehensive income (loss) on securities available for sale |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
|
$15.46M | USD | 1 Quarter |
| Income tax expense (benefit) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$3.25M | USD | 1 Quarter |
| Income tax expense (benefit) |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
|
$-14.60M | USD | 1 Quarter |
| Unrealized gains (losses) recognized in other comprehensive income (loss) on securities available for sale, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$-54.91M | USD | 1 Quarter |
| Unrealized gains (losses) recognized in other comprehensive income (loss) on securities available for sale, net of tax |
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
$12.22M | USD | 1 Quarter |
| Unrealized losses arising during period |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
$-420.00K | USD | 1 Quarter |
| Unrealized losses arising during period |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
|
- | USD | 1 Quarter |
| Reclassification adjustment for expense recognized in earnings |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
$-84.00K | USD | 1 Quarter |
| Reclassification adjustment for expense recognized in earnings |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
|
- | USD | 1 Quarter |
| Unrealized losses recognized in other comprehensive income (loss) on derivative instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
$-336.00K | USD | 1 Quarter |
| Unrealized losses recognized in other comprehensive income (loss) on derivative instruments |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent
|
- | USD | 1 Quarter |
| Income tax benefit |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax
|
- | USD | 1 Quarter |
| Income tax benefit |
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsTax
|
$71.00K | USD | 1 Quarter |
| Unrealized losses recognized in other comprehensive income (loss) on derivative instruments, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
$-265.00K | USD | 1 Quarter |
| Unrealized losses recognized in other comprehensive income (loss) on derivative instruments, net of tax |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent
|
- | USD | 1 Quarter |
| Net current period other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$11.95M | USD | 1 Quarter |
| Net current period other comprehensive income (loss) |
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
$-54.91M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$24.94M | USD | 1 Quarter |
| Comprehensive income (loss) |
ComprehensiveIncomeNetOfTax
|
$-36.95M | USD | 1 Quarter |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.