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10-Q Filing

FIRST MERCHANTS CORP CIK: 712534 Q1 2021
Filing Information
Form Type 10-Q
Accession Number 0000712534-21-000153
Period End Date 20210331
Filing Date 20210510
Fiscal Year 2021
Fiscal Period Q1
XBRL Instance frme-20210331_htm.xml
Balance Sheet 98 line items
Line Item Tag Value Unit Period
Allowance for Credit Losses DebtSecuritiesHeldToMaturityAllowanceForCreditLoss - USD Point-in-time
Allowance for Credit Losses DebtSecuritiesHeldToMaturityAllowanceForCreditLoss $245.00K USD Point-in-time
Cash and cash equivalents CashAndDueFromBanks $187.90M USD Point-in-time
Investment securities held to maturity - fair value HeldToMaturitySecuritiesFairValue $1.32B USD Point-in-time
Cash and cash equivalents CashAndDueFromBanks $192.90M USD Point-in-time
Investment securities held to maturity - fair value HeldToMaturitySecuritiesFairValue $1.28B USD Point-in-time
Interest-bearing deposits InterestBearingDepositsInBanks $392.81M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00K USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00K USD Point-in-time
Interest-bearing deposits InterestBearingDepositsInBanks $392.31M USD Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesDebtSecurities $1.92B USD Point-in-time
Preferred Stock, liquidation value per share (in dollars per share) PreferredStockLiquidationPreference $1.00K USD Point-in-time
Preferred Stock, liquidation value per share (in dollars per share) PreferredStockLiquidationPreference $1.00K USD Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesDebtSecurities $2.41B USD Point-in-time
Preferred Stock, authorized (in shares) PreferredStockSharesAuthorized 600.00 shares Point-in-time
Preferred Stock, authorized (in shares) PreferredStockSharesAuthorized 600.00 shares Point-in-time
Investment securities held to maturity, net of allowance for credit losses of $245 and $0 (fair value of $1,318,780 and $1,280,293) DebtSecuritiesHeldToMaturityAfterAllowanceForCreditLoss $1.23B USD Point-in-time
Investment securities held to maturity, net of allowance for credit losses of $245 and $0 (fair value of $1,318,780 and $1,280,293) DebtSecuritiesHeldToMaturityAfterAllowanceForCreditLoss $1.30B USD Point-in-time
Preferred Stock, issued (in shares) PreferredStockSharesIssued 125.00 shares Point-in-time
Loans held for sale LoansReceivableHeldForSaleAmount $4.43M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleAmount $3.97M USD Point-in-time
Preferred Stock, issued (in shares) PreferredStockSharesIssued 125.00 shares Point-in-time
Loans NotesReceivableGross $9.32B USD Point-in-time
Preferred Stock, outstanding (in shares) PreferredStockSharesOutstanding 125.00 shares Point-in-time
Preferred Stock, outstanding (in shares) PreferredStockSharesOutstanding 125.00 shares Point-in-time
Loans NotesReceivableGross $9.24B USD Point-in-time
Common Stock, stated value (in dollars per share) CommonStockParOrStatedValuePerShare $0.12 USD Point-in-time
Common Stock, stated value (in dollars per share) CommonStockParOrStatedValuePerShare $0.12 USD Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLosses $80.28M USD Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLosses $130.65M USD Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLosses $201.08M USD Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLosses $99.45M USD Point-in-time
Common Stock, authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Common Stock, authorized (in shares) CommonStockSharesAuthorized 100.00M shares Point-in-time
Net loans NotesReceivableNet $9.11B USD Point-in-time
Net loans NotesReceivableNet $9.12B USD Point-in-time
Common Stock, issued (in shares) CommonStockSharesIssued 53.95M shares Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $109.43M USD Point-in-time
Common Stock, issued (in shares) CommonStockSharesIssued 53.92M shares Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $111.06M USD Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $28.74M USD Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $28.74M USD Point-in-time
Common Stock, outstanding (in shares) CommonStockSharesOutstanding 53.92M shares Point-in-time
Common Stock, outstanding (in shares) CommonStockSharesOutstanding 53.95M shares Point-in-time
Interest receivable InterestReceivable $54.66M USD Point-in-time
Interest receivable InterestReceivable $53.95M USD Point-in-time
Goodwill Goodwill $543.92M USD Point-in-time
Goodwill Goodwill $543.92M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $27.62M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $28.98M USD Point-in-time
Cash surrender value of life insurance CashSurrenderValueOfLifeInsurance $292.75M USD Point-in-time
Cash surrender value of life insurance CashSurrenderValueOfLifeInsurance $293.77M USD Point-in-time
Other real estate owned RealEstateAcquiredThroughForeclosure $940.00K USD Point-in-time
Other real estate owned RealEstateAcquiredThroughForeclosure $604.00K USD Point-in-time
Tax asset, deferred and receivable DeferredIncomeTaxAssetsNet $12.34M USD Point-in-time
Tax asset, deferred and receivable DeferredIncomeTaxAssetsNet $40.16M USD Point-in-time
Other assets OtherAssets $146.07M USD Point-in-time
Other assets OtherAssets $127.03M USD Point-in-time
TOTAL ASSETS Assets $14.63B USD Point-in-time
TOTAL ASSETS Assets $14.07B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $2.49B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $2.30B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $9.06B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $9.46B USD Point-in-time
Total Deposits Deposits $11.95B USD Point-in-time
Total Deposits Deposits $11.36B USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $177.10M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $185.72M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $359.34M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $389.43M USD Point-in-time
Subordinated debentures and other borrowings OtherBorrowings $118.44M USD Point-in-time
Subordinated debentures and other borrowings OtherBorrowings $118.38M USD Point-in-time
Total Borrowings DebtLongtermAndShorttermCombinedAmount $684.91M USD Point-in-time
Total Borrowings DebtLongtermAndShorttermCombinedAmount $663.50M USD Point-in-time
Interest payable InterestPayableCurrentAndNoncurrent $3.29M USD Point-in-time
Interest payable InterestPayableCurrentAndNoncurrent $4.02M USD Point-in-time
Other liabilities OtherLiabilities $141.76M USD Point-in-time
Other liabilities OtherLiabilities $203.91M USD Point-in-time
Total Liabilities Liabilities $12.82B USD Point-in-time
Total Liabilities Liabilities $12.19B USD Point-in-time
COMMITMENTS AND CONTINGENT LIABILITIES CommitmentsAndContingencies - USD Point-in-time
COMMITMENTS AND CONTINGENT LIABILITIES CommitmentsAndContingencies - USD Point-in-time
Cumulative Preferred Stock, $1,000 par value, $1,000 liquidation value: Authorized - 600 shares Issued and outstanding - 125 shares PreferredStockValue $125.00K USD Point-in-time
Cumulative Preferred Stock, $1,000 par value, $1,000 liquidation value: Authorized - 600 shares Issued and outstanding - 125 shares PreferredStockValue $125.00K USD Point-in-time
Common Stock, $0.125 stated value: Authorized - 100,000,000 shares Issued and outstanding - 53,953,723 and 53,922,359 shares CommonStockValue $6.74M USD Point-in-time
Common Stock, $0.125 stated value: Authorized - 100,000,000 shares Issued and outstanding - 53,953,723 and 53,922,359 shares CommonStockValue $6.74M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.01B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.01B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $788.58M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $755.88M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $74.84M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $35.81M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.79B USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.81B USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.78B USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.88B USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $14.63B USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $14.07B USD Point-in-time
Income Statement 82 line items
Line Item Tag Value Unit Period
Taxable InterestAndFeeIncomeLoansAndLeasesTaxable $85.11M USD 1 Quarter
Taxable InterestAndFeeIncomeLoansAndLeasesTaxable $96.65M USD 1 Quarter
Tax exempt InterestAndFeeIncomeLoansAndLeasesTaxExempt $5.34M USD 1 Quarter
Tax exempt InterestAndFeeIncomeLoansAndLeasesTaxExempt $5.32M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $6.70M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $7.63M USD 1 Quarter
Tax exempt InterestIncomeSecuritiesTaxExempt $9.34M USD 1 Quarter
Tax exempt InterestIncomeSecuritiesTaxExempt $12.38M USD 1 Quarter
Deposits with financial institutions InterestIncomeDepositsWithFinancialInstitutions $575.00K USD 1 Quarter
Deposits with financial institutions InterestIncomeDepositsWithFinancialInstitutions $114.00K USD 1 Quarter
Federal Home Loan Bank stock InterestIncomeFederalHomeLoanBankStock $299.00K USD 1 Quarter
Federal Home Loan Bank stock InterestIncomeFederalHomeLoanBankStock $178.00K USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $119.81M USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $109.82M USD 1 Quarter
Deposits InterestExpenseDeposits $21.75M USD 1 Quarter
Deposits InterestExpenseDeposits $6.20M USD 1 Quarter
Federal funds purchased InterestExpenseFederalFundsPurchased $111.00K USD 1 Quarter
Federal funds purchased InterestExpenseFederalFundsPurchased $2.00K USD 1 Quarter
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $352.00K USD 1 Quarter
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $87.00K USD 1 Quarter
Federal Home Loan Bank advances InterestExpenseFederalHomeLoanBankAdvances $1.44M USD 1 Quarter
Federal Home Loan Bank advances InterestExpenseFederalHomeLoanBankAdvances $1.77M USD 1 Quarter
Subordinated debentures and other borrowings InterestExpenseDebt $1.95M USD 1 Quarter
Subordinated debentures and other borrowings InterestExpenseDebt $1.66M USD 1 Quarter
Total Interest Expense InterestExpense $9.39M USD 1 Quarter
Total Interest Expense InterestExpense $25.93M USD 1 Quarter
NET INTEREST INCOME InterestIncomeExpenseNet $100.43M USD 1 Quarter
NET INTEREST INCOME InterestIncomeExpenseNet $93.88M USD 1 Quarter
Provision for credit losses - loans ProvisionForLoanLeaseAndOtherLosses $19.75M USD 1 Quarter
Provision for credit losses - loans ProvisionForLoanLeaseAndOtherLosses - USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $100.43M USD 1 Quarter
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES InterestIncomeExpenseAfterProvisionForLoanLoss $74.12M USD 1 Quarter
Net gains and fees on sales of loans GainLossOnSalesOfLoansNet $3.99M USD 1 Quarter
Net gains and fees on sales of loans GainLossOnSalesOfLoansNet $3.36M USD 1 Quarter
Increase in cash surrender value of life insurance BankOwnedLifeInsuranceIncome $1.36M USD 1 Quarter
Increase in cash surrender value of life insurance BankOwnedLifeInsuranceIncome $1.19M USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits - USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits $147.00K USD 1 Quarter
Net realized gains on sales of available for sale securities DebtSecuritiesAvailableForSaleUnrealizedGainLoss $4.61M USD 1 Quarter
Net realized gains on sales of available for sale securities DebtSecuritiesAvailableForSaleUnrealizedGainLoss $1.80M USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncome $265.00K USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncome $232.00K USD 1 Quarter
Total Other Income NoninterestIncome $24.09M USD 1 Quarter
Total Other Income NoninterestIncome $29.80M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $39.24M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $38.81M USD 1 Quarter
Net occupancy OccupancyNet $6.49M USD 1 Quarter
Net occupancy OccupancyNet $5.80M USD 1 Quarter
Equipment EquipmentExpense $5.03M USD 1 Quarter
Equipment EquipmentExpense $4.34M USD 1 Quarter
Marketing MarketingExpense $1.12M USD 1 Quarter
Marketing MarketingExpense $1.44M USD 1 Quarter
Outside data processing fees InformationTechnologyAndDataProcessing $4.20M USD 1 Quarter
Outside data processing fees InformationTechnologyAndDataProcessing $4.24M USD 1 Quarter
Printing and office supplies NoninterestExpensePrintingAndFulfillment $387.00K USD 1 Quarter
Printing and office supplies NoninterestExpensePrintingAndFulfillment $283.00K USD 1 Quarter
Intangible asset amortization AmortizationOfIntangibleAssets $1.36M USD 1 Quarter
Intangible asset amortization AmortizationOfIntangibleAssets $1.51M USD 1 Quarter
FDIC assessments FederalDepositInsuranceCorporationPremiumExpense $1.52M USD 1 Quarter
FDIC assessments FederalDepositInsuranceCorporationPremiumExpense $1.37M USD 1 Quarter
Other real estate owned and foreclosure expenses ForeclosedRealEstateExpense $505.00K USD 1 Quarter
Other real estate owned and foreclosure expenses ForeclosedRealEstateExpense $734.00K USD 1 Quarter
Professional and other outside services ProfessionalAndContractServicesExpense $2.54M USD 1 Quarter
Professional and other outside services ProfessionalAndContractServicesExpense $2.26M USD 1 Quarter
Other expenses OtherNoninterestExpense $4.95M USD 1 Quarter
Other expenses OtherNoninterestExpense $4.11M USD 1 Quarter
Total Other Expenses NoninterestExpense $66.17M USD 1 Quarter
Total Other Expenses NoninterestExpense $66.10M USD 1 Quarter
INCOME BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $37.75M USD 1 Quarter
INCOME BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $58.42M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $3.49M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $8.95M USD 1 Quarter
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLoss $34.26M USD 1 Quarter
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLoss $49.47M USD 1 Quarter
Basic Net Income Available to Common Stockholders (in dollars per share) EarningsPerShareBasic $0.63 USD 1 Quarter
Basic Net Income Available to Common Stockholders (in dollars per share) EarningsPerShareBasic $0.92 USD 1 Quarter
Diluted Net Income Available to Common Stockholders (in dollars per share) EarningsPerShareDiluted $0.62 USD 1 Quarter
Diluted Net Income Available to Common Stockholders (in dollars per share) EarningsPerShareDiluted $0.91 USD 1 Quarter
Cash Dividends Paid (in dollars per share) CommonStockDividendsPerShareCashPaid $0.26 USD 1 Quarter
Cash Dividends Paid (in dollars per share) CommonStockDividendsPerShareCashPaid $0.26 USD 1 Quarter
Average Diluted Shares Outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 54.92M shares 1 Quarter
Average Diluted Shares Outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 54.13M shares 1 Quarter
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $34.26M USD 1 Quarter
Net income NetIncomeLoss $49.47M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $19.75M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses - USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $2.75M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $2.67M USD 1 Quarter
Change in deferred taxes DeferredIncomeTaxExpenseBenefit $-7.66M USD 1 Quarter
Change in deferred taxes DeferredIncomeTaxExpenseBenefit $-3.08M USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.22M USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.19M USD 1 Quarter
Loans originated for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $111.56M USD 1 Quarter
Loans originated for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $163.38M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $114.38M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $170.31M USD 1 Quarter
Gains on sales of loans held for sale GainLossonSalesofLoansHeldforsale $2.93M USD 1 Quarter
Gains on sales of loans held for sale GainLossonSalesofLoansHeldforsale $3.29M USD 1 Quarter
Gains on sales of securities available for sale DebtSecuritiesAvailableForSaleRealizedGainLoss $1.80M USD 1 Quarter
Gains on sales of securities available for sale DebtSecuritiesAvailableForSaleRealizedGainLoss $4.61M USD 1 Quarter
Increase in cash surrender of life insurance LifeInsuranceCorporateOrBankOwnedChangeInValue $1.19M USD 1 Quarter
Increase in cash surrender of life insurance LifeInsuranceCorporateOrBankOwnedChangeInValue $1.36M USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits - USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits $147.00K USD 1 Quarter
Change in interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $714.00K USD 1 Quarter
Change in interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-1.41M USD 1 Quarter
Change in interest payable IncreaseDecreaseInInterestPayableNet $733.00K USD 1 Quarter
Change in interest payable IncreaseDecreaseInInterestPayableNet $992.00K USD 1 Quarter
Other adjustments OtherNoncashIncomeExpense $-20.82M USD 1 Quarter
Other adjustments OtherNoncashIncomeExpense $-6.06M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $71.49M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $52.81M USD 1 Quarter
Net change in interest-bearing deposits ProceedsFromPaymentsForInInterestBearingDepositsInBanks $-14.68M USD 1 Quarter
Net change in interest-bearing deposits ProceedsFromPaymentsForInInterestBearingDepositsInBanks $-501.00K USD 1 Quarter
Securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $597.90M USD 1 Quarter
Securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $87.50M USD 1 Quarter
Securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $126.76M USD 1 Quarter
Securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $135.10M USD 1 Quarter
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $96.56M USD 1 Quarter
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $48.02M USD 1 Quarter
Securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $80.11M USD 1 Quarter
Securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $45.62M USD 1 Quarter
Securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $49.91M USD 1 Quarter
Securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $66.36M USD 1 Quarter
Net change in loans IncreaseDecreaseInFinanceReceivables $148.88M USD 1 Quarter
Net change in loans IncreaseDecreaseInFinanceReceivables $72.70M USD 1 Quarter
Proceeds from the sale of other real estate owned ProceedsFromSaleOfOtherRealEstate $303.00K USD 1 Quarter
Proceeds from the sale of other real estate owned ProceedsFromSaleOfOtherRealEstate $495.00K USD 1 Quarter
Proceeds from life insurance benefits ProceedsFromLifeInsurancePolicies - USD 1 Quarter
Proceeds from life insurance benefits ProceedsFromLifeInsurancePolicies $315.00K USD 1 Quarter
Other adjustments PaymentsForProceedsFromOtherInvestingActivities $3.67M USD 1 Quarter
Other adjustments PaymentsForProceedsFromOtherInvestingActivities $2.29M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-189.10M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-613.19M USD 1 Quarter
Demand and savings deposits IncreaseDecreaseInSavingsDeposits $620.61M USD 1 Quarter
Demand and savings deposits IncreaseDecreaseInSavingsDeposits $109.28M USD 1 Quarter
Certificates of deposit and other time deposits IncreaseDecreaseInTimeDeposits $-78.75M USD 1 Quarter
Certificates of deposit and other time deposits IncreaseDecreaseInTimeDeposits $-30.44M USD 1 Quarter
Borrowings ProceedsFromIssuanceOfDebt $180.06M USD 1 Quarter
Borrowings ProceedsFromIssuanceOfDebt $8.68M USD 1 Quarter
Repayment of borrowings RepaymentsOfDebt $30.09M USD 1 Quarter
Repayment of borrowings RepaymentsOfDebt $72.71M USD 1 Quarter
Cash dividends on common stock PaymentsOfDividendsCommonStock $14.13M USD 1 Quarter
Cash dividends on common stock PaymentsOfDividendsCommonStock $14.27M USD 1 Quarter
Stock issued under employee benefit plans ProceedsFromIssuanceOfCommonStockUnderEmployeeBenefitPlans - USD 1 Quarter
Stock issued under employee benefit plans ProceedsFromIssuanceOfCommonStockUnderEmployeeBenefitPlans $144.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plans ProceedsFromStockPlans $428.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plans ProceedsFromStockPlans $443.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $171.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $7.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $55.91M USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $68.14M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $555.38M USD 1 Quarter
Net Change in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-5.00M USD 1 Quarter
Net Change in Cash and Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-49.47M USD 1 Quarter
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $127.73M USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $192.90M USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $177.20M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $127.73M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $192.90M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $177.20M USD Point-in-time
Interest paid InterestPaidNet $8.65M USD 1 Quarter
Interest paid InterestPaidNet $24.94M USD 1 Quarter
Loans transferred to other real estate owned ValueTransferredFromLoansToRealEstateOwnedREOInNoncashTransactions $44.00K USD 1 Quarter
Loans transferred to other real estate owned ValueTransferredFromLoansToRealEstateOwnedREOInNoncashTransactions $761.00K USD 1 Quarter
Fixed assets transferred to other real estate owned FixedAssetsTransferToOtherRealEstate $1.17M USD 1 Quarter
Fixed assets transferred to other real estate owned FixedAssetsTransferToOtherRealEstate - USD 1 Quarter
Non-cash investing activities using trade date accounting SupplementalNonCashInvestingActivities $44.36M USD 1 Quarter
Non-cash investing activities using trade date accounting SupplementalNonCashInvestingActivities $66.56M USD 1 Quarter
ROU assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $386.00K USD 1 Quarter
ROU assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $79.00K USD 1 Quarter
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $1.79B USD Point-in-time
Beginning balance StockholdersEquity $1.81B USD Point-in-time
Beginning balance StockholdersEquity $1.78B USD Point-in-time
Beginning balance StockholdersEquity $1.88B USD Point-in-time
Net income NetIncomeLoss $34.26M USD 1 Quarter
Net income NetIncomeLoss $49.47M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $25.78M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-39.03M USD 1 Quarter
Cash dividends on common stock DividendsCommonStockCash $14.13M USD 1 Quarter
Cash dividends on common stock DividendsCommonStockCash $14.27M USD 1 Quarter
Repurchases of common stock StockRepurchasedAndRetiredDuringPeriodValue $55.91M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $1.22M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $1.19M USD 1 Quarter
Stock issued under employee benefit plans StockIssuedDuringPeriodValueEmployeeBenefitPlan $144.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $443.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan $428.00K USD 1 Quarter
Stock options exercised (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 14,300.00 shares 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $7.00K USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $171.00K USD 1 Quarter
Restricted shares withheld for taxes StockRedeemedOrCalledDuringPeriodValue $10.00K USD 1 Quarter
Ending balance StockholdersEquity $1.79B USD Point-in-time
Ending balance StockholdersEquity $1.81B USD Point-in-time
Ending balance StockholdersEquity $1.78B USD Point-in-time
Ending balance StockholdersEquity $1.88B USD Point-in-time
Comprehensive Income 22 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $34.26M USD 1 Quarter
Net income NetIncomeLoss $49.47M USD 1 Quarter
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment and Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $38.44M USD 1 Quarter
OCI, Debt Securities, Available-for-Sale, Unrealized Holding Gain (Loss), before Adjustment and Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-47.91M USD 1 Quarter
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $4.61M USD 1 Quarter
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $1.80M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $7.10M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $-10.44M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $26.72M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-39.27M USD 1 Quarter
Unrealized holding gain (loss) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $-1.31M USD 1 Quarter
Unrealized holding gain (loss) arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $58.00K USD 1 Quarter
Reclassification adjustment for losses (gains) included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-252.00K USD 1 Quarter
Reclassification adjustment for losses (gains) included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-125.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $-250.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $65.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-939.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $245.00K USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $25.78M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-39.03M USD 1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total ComprehensiveIncomeNetOfTax $60.05M USD 1 Quarter
Comprehensive Income (Loss), Net of Tax, Attributable to Parent, Total ComprehensiveIncomeNetOfTax $10.44M USD 1 Quarter

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

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