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10-Q Filing

FIRST MERCHANTS CORP CIK: 712534 Q1 2022
Filing Information
Form Type 10-Q
Accession Number 0000712534-22-000099
Period End Date 20220331
Filing Date 20220510
Fiscal Year 2022
Fiscal Period Q1
XBRL Instance frme-20220331_htm.xml
Balance Sheet 100 line items
Line Item Tag Value Unit Period
Allowance for credit losses DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest $245.00K USD Point-in-time
Allowance for credit losses DebtSecuritiesHeldToMaturityAllowanceForCreditLossExcludingAccruedInterest $245.00K USD Point-in-time
Investment securities held to maturity - fair value HeldToMaturitySecuritiesFairValue $2.15B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $148.28M USD Point-in-time
Investment securities held to maturity - fair value HeldToMaturitySecuritiesFairValue $2.20B USD Point-in-time
Cash and due from banks CashAndDueFromBanks $167.15M USD Point-in-time
Interest-bearing deposits InterestBearingDepositsInBanks $474.15M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00K USD Point-in-time
Interest-bearing deposits InterestBearingDepositsInBanks $395.26M USD Point-in-time
Preferred Stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $1.00K USD Point-in-time
Investment securities available for sale AvailableForSaleSecuritiesDebtSecurities $2.34B 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 $2.16B USD Point-in-time
Preferred Stock, liquidation value per share (in dollars per share) PreferredStockLiquidationPreference $1.00K USD 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 $245 (fair value of $2,145,994 and $2,202,503) HeldToMaturitySecurities $2.33B USD Point-in-time
Investment securities held to maturity, net of allowance for credit losses of $245 and $245 (fair value of $2,145,994 and $2,202,503) HeldToMaturitySecurities $2.18B USD Point-in-time
Preferred Stock, authorized (in shares) PreferredStockSharesAuthorized 600.00 shares Point-in-time
Preferred Stock, issued (in shares) PreferredStockSharesIssued 125.00 shares Point-in-time
Loans held for sale LoansReceivableHeldForSaleAmount $3.94M USD Point-in-time
Loans held for sale LoansReceivableHeldForSaleAmount $11.19M USD Point-in-time
Preferred Stock, issued (in shares) PreferredStockSharesIssued 125.00 shares Point-in-time
Loans FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $9.36B USD Point-in-time
Preferred Stock, outstanding (in shares) PreferredStockSharesOutstanding 125.00 shares Point-in-time
Loans FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss $9.24B USD Point-in-time
Preferred Stock, outstanding (in shares) PreferredStockSharesOutstanding 125.00 shares Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $195.98M 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 FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $201.08M USD Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $195.40M USD Point-in-time
Less: Allowance for credit losses - loans FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest $130.65M USD Point-in-time
Net loans FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $9.05B USD Point-in-time
Net loans FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss $9.16B 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
Common Stock, issued (in shares) CommonStockSharesIssued 53.42M shares Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $105.88M USD Point-in-time
Common Stock, issued (in shares) CommonStockSharesIssued 53.41M shares Point-in-time
Premises and equipment PropertyPlantAndEquipmentNet $105.66M USD Point-in-time
Common Stock, outstanding (in shares) CommonStockSharesOutstanding 53.41M shares Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $28.74M USD Point-in-time
Federal Home Loan Bank stock FederalHomeLoanBankStock $26.42M USD Point-in-time
Common Stock, outstanding (in shares) CommonStockSharesOutstanding 53.42M shares Point-in-time
Interest receivable InterestReceivable $56.08M USD Point-in-time
Interest receivable InterestReceivable $57.19M USD Point-in-time
Goodwill Goodwill $545.38M USD Point-in-time
Goodwill Goodwill $545.38M USD Point-in-time
Goodwill Goodwill $543.92M USD Point-in-time
Goodwill Goodwill $545.38M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $25.48M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $24.11M USD Point-in-time
Cash surrender value of life insurance CashSurrenderValueOfLifeInsurance $291.04M USD Point-in-time
Cash surrender value of life insurance CashSurrenderValueOfLifeInsurance $291.88M USD Point-in-time
Other real estate owned RealEstateAcquiredThroughForeclosure $558.00K USD Point-in-time
Other real estate owned RealEstateAcquiredThroughForeclosure $6.27M USD Point-in-time
Tax asset, deferred and receivable DeferredIncomeTaxAssetsNet $35.64M USD Point-in-time
Tax asset, deferred and receivable DeferredIncomeTaxAssetsNet $73.42M USD Point-in-time
Other assets OtherAssets $140.17M USD Point-in-time
Other assets OtherAssets $138.81M USD Point-in-time
TOTAL ASSETS Assets $15.45B USD Point-in-time
TOTAL ASSETS Assets $15.47B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $2.75B USD Point-in-time
Noninterest-bearing NoninterestBearingDepositLiabilities $2.71B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $10.02B USD Point-in-time
Interest-bearing InterestBearingDepositLiabilities $10.16B USD Point-in-time
Total Deposits Deposits $12.73B USD Point-in-time
Total Deposits Deposits $12.91B USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $181.58M USD Point-in-time
Securities sold under repurchase agreements SecuritiesSoldUnderAgreementsToRepurchase $169.70M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $308.96M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $334.06M USD Point-in-time
Subordinated debentures and other borrowings OtherBorrowings $118.62M USD Point-in-time
Subordinated debentures and other borrowings OtherBorrowings $118.68M USD Point-in-time
Total Borrowings DebtLongtermAndShorttermCombinedAmount $597.33M USD Point-in-time
Total Borrowings DebtLongtermAndShorttermCombinedAmount $634.25M USD Point-in-time
Interest payable InterestPayableCurrentAndNoncurrent $3.59M USD Point-in-time
Interest payable InterestPayableCurrentAndNoncurrent $2.76M USD Point-in-time
Other liabilities OtherLiabilities $170.99M USD Point-in-time
Other liabilities OtherLiabilities $150.75M USD Point-in-time
Total Liabilities Liabilities $13.54B USD Point-in-time
Total Liabilities Liabilities $13.66B 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 - 53,424,823 and 53,410,411 shares CommonStockValue $6.68M USD Point-in-time
Common Stock, $0.125 stated value: Authorized - 100,000,000 shares Issued and outstanding - 53,424,823 and 53,410,411 shares CommonStockValue $6.68M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $985.82M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $987.40M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $864.84M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $897.82M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-84.39M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $55.11M USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.88B USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.91B USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.81B USD Point-in-time
Total Stockholders' Equity StockholdersEquity $1.81B USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $15.45B USD Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY LiabilitiesAndStockholdersEquity $15.47B USD Point-in-time
Income Statement 82 line items
Line Item Tag Value Unit Period
Taxable InterestAndFeeIncomeLoansAndLeasesTaxable $79.08M USD 1 Quarter
Taxable InterestAndFeeIncomeLoansAndLeasesTaxable $85.11M USD 1 Quarter
Tax exempt InterestAndFeeIncomeLoansAndLeasesTaxExempt $5.34M USD 1 Quarter
Tax exempt InterestAndFeeIncomeLoansAndLeasesTaxExempt $5.70M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $6.70M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $8.51M USD 1 Quarter
Tax exempt InterestIncomeSecuritiesTaxExempt $15.88M USD 1 Quarter
Tax exempt InterestIncomeSecuritiesTaxExempt $12.38M USD 1 Quarter
Deposits with financial institutions InterestIncomeDepositsWithFinancialInstitutions $114.00K USD 1 Quarter
Deposits with financial institutions InterestIncomeDepositsWithFinancialInstitutions $230.00K USD 1 Quarter
Federal Home Loan Bank stock InterestIncomeFederalHomeLoanBankStock $178.00K USD 1 Quarter
Federal Home Loan Bank stock InterestIncomeFederalHomeLoanBankStock $146.00K USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $109.82M USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $109.54M USD 1 Quarter
Deposits InterestExpenseDeposits $4.29M USD 1 Quarter
Deposits InterestExpenseDeposits $6.20M USD 1 Quarter
Federal funds purchased InterestExpenseFederalFundsPurchased $2.00K USD 1 Quarter
Federal funds purchased InterestExpenseFederalFundsPurchased - USD 1 Quarter
Securities sold under repurchase agreements InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase $89.00K 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 $1.22M USD 1 Quarter
Subordinated debentures and other borrowings InterestExpenseDebt $1.66M 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 $7.26M USD 1 Quarter
NET INTEREST INCOME InterestIncomeExpenseNet $100.43M USD 1 Quarter
NET INTEREST INCOME InterestIncomeExpenseNet $102.28M USD 1 Quarter
Provision for credit losses - loans ProvisionForLoanLeaseAndOtherLosses - 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 $102.28M USD 1 Quarter
Net gains and fees on sales of loans GainLossOnSalesOfLoansNet $2.20M USD 1 Quarter
Net gains and fees on sales of loans GainLossOnSalesOfLoansNet $3.99M USD 1 Quarter
Increase in cash surrender value of life insurance BankOwnedLifeInsuranceIncome $1.18M USD 1 Quarter
Increase in cash surrender value of life insurance BankOwnedLifeInsuranceIncome $1.19M USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits $520.00K 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 $1.80M USD 1 Quarter
Net realized gains on sales of available for sale securities DebtSecuritiesAvailableForSaleUnrealizedGainLoss $566.00K USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncome $232.00K USD 1 Quarter
Other income NoninterestIncomeOtherOperatingIncome $634.00K USD 1 Quarter
Total Other Income NoninterestIncome $25.90M USD 1 Quarter
Total Other Income NoninterestIncome $24.09M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $38.81M USD 1 Quarter
Salaries and employee benefits LaborAndRelatedExpense $42.52M USD 1 Quarter
Net occupancy OccupancyNet $6.19M USD 1 Quarter
Net occupancy OccupancyNet $6.49M USD 1 Quarter
Equipment EquipmentExpense $5.08M USD 1 Quarter
Equipment EquipmentExpense $5.03M USD 1 Quarter
Marketing MarketingExpense $1.12M USD 1 Quarter
Marketing MarketingExpense $736.00K USD 1 Quarter
Outside data processing fees InformationTechnologyAndDataProcessing $4.24M USD 1 Quarter
Outside data processing fees InformationTechnologyAndDataProcessing $4.36M USD 1 Quarter
Printing and office supplies NoninterestExpensePrintingAndFulfillment $345.00K 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 $1.37M USD 1 Quarter
FDIC assessments FederalDepositInsuranceCorporationPremiumExpense $2.19M USD 1 Quarter
FDIC assessments FederalDepositInsuranceCorporationPremiumExpense $1.37M USD 1 Quarter
Other real estate owned and foreclosure expenses ForeclosedRealEstateExpense $734.00K USD 1 Quarter
Other real estate owned and foreclosure expenses ForeclosedRealEstateExpense $564.00K USD 1 Quarter
Professional and other outside services ProfessionalAndContractServicesExpense $2.54M USD 1 Quarter
Professional and other outside services ProfessionalAndContractServicesExpense $2.95M USD 1 Quarter
Other expenses OtherNoninterestExpense $6.02M USD 1 Quarter
Other expenses OtherNoninterestExpense $4.11M USD 1 Quarter
Total Other Expenses NoninterestExpense $66.10M USD 1 Quarter
Total Other Expenses NoninterestExpense $72.33M USD 1 Quarter
INCOME BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $58.42M USD 1 Quarter
INCOME BEFORE INCOME TAX IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $55.85M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $8.95M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $7.27M USD 1 Quarter
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $48.59M USD 1 Quarter
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS NetIncomeLossAvailableToCommonStockholdersBasic $49.47M USD 1 Quarter
Basic Net Income Available to Common Stockholders (in dollars per share) EarningsPerShareBasic $0.91 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 $0.91 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 $0.29 USD 1 Quarter
Average Diluted Shares Outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 54.13M shares 1 Quarter
Average Diluted Shares Outstanding (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 53.62M shares 1 Quarter
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $48.59M USD 1 Quarter
Net income NetIncomeLoss $49.47M 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 $-1.67M USD 1 Quarter
Change in deferred taxes DeferredIncomeTaxExpenseBenefit $-3.08M USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.19M USD 1 Quarter
Share-based compensation ShareBasedCompensation $1.10M USD 1 Quarter
Loans originated for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $111.56M USD 1 Quarter
Loans originated for sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale $63.80M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $72.46M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $114.38M USD 1 Quarter
Gains on sales of loans held for sale GainLossonSalesofLoansHeldforsale $1.40M 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 $566.00K USD 1 Quarter
Increase in cash surrender of life insurance LifeInsuranceCorporateOrBankOwnedChangeInValue $1.18M USD 1 Quarter
Increase in cash surrender of life insurance LifeInsuranceCorporateOrBankOwnedChangeInValue $1.19M USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits $520.00K USD 1 Quarter
Gains on life insurance benefits GainLossOnInsuranceBenefits $147.00K USD 1 Quarter
Change in interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $-1.11M USD 1 Quarter
Change in interest receivable IncreaseDecreaseInAccruedInterestReceivableNet $714.00K USD 1 Quarter
Change in interest payable IncreaseDecreaseInInterestPayableNet $827.00K USD 1 Quarter
Change in interest payable IncreaseDecreaseInInterestPayableNet $733.00K USD 1 Quarter
Other adjustments OtherNoncashIncomeExpense $-6.06M USD 1 Quarter
Other adjustments OtherNoncashIncomeExpense $7.39M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $50.22M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $52.81M USD 1 Quarter
Net change in interest-bearing deposits ProceedsFromPaymentsForInInterestBearingDepositsInBanks $78.89M USD 1 Quarter
Net change in interest-bearing deposits ProceedsFromPaymentsForInInterestBearingDepositsInBanks $-501.00K USD 1 Quarter
Securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $62.16M USD 1 Quarter
Securities available for sale PaymentsToAcquireAvailableForSaleSecuritiesDebt $597.90M USD 1 Quarter
Securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $206.52M USD 1 Quarter
Securities held to maturity PaymentsToAcquireHeldToMaturitySecurities $135.10M USD 1 Quarter
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $48.02M USD 1 Quarter
Proceeds from sales of securities available for sale ProceedsFromSaleOfAvailableForSaleSecuritiesDebt $35.03M USD 1 Quarter
Securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $80.11M USD 1 Quarter
Securities available for sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $37.44M USD 1 Quarter
Securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $66.36M USD 1 Quarter
Securities held to maturity ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities $42.83M USD 1 Quarter
Change in Federal Home Loan Bank stock PaymentsForProceedsFromFederalReserveBankStock $-2.31M USD 1 Quarter
Change in Federal Home Loan Bank stock PaymentsForProceedsFromFederalReserveBankStock - USD 1 Quarter
Net change in loans IncreaseDecreaseInFinanceReceivables $116.41M USD 1 Quarter
Net change in loans IncreaseDecreaseInFinanceReceivables $72.70M USD 1 Quarter
Proceeds from the sale of other real estate owned ProceedsFromSaleOfOtherRealEstate $495.00K USD 1 Quarter
Proceeds from the sale of other real estate owned ProceedsFromSaleOfOtherRealEstate $174.00K USD 1 Quarter
Proceeds from life insurance benefits ProceedsFromLifeInsurancePolicies $315.00K USD 1 Quarter
Proceeds from life insurance benefits ProceedsFromLifeInsurancePolicies $856.00K USD 1 Quarter
Other adjustments PaymentsForProceedsFromOtherInvestingActivities $2.90M USD 1 Quarter
Other adjustments PaymentsForProceedsFromOtherInvestingActivities $2.29M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-190.45M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-613.19M USD 1 Quarter
Demand and savings deposits IncreaseDecreaseInSavingsDeposits $211.46M USD 1 Quarter
Demand and savings deposits IncreaseDecreaseInSavingsDeposits $620.61M USD 1 Quarter
Certificates of deposit and other time deposits IncreaseDecreaseInTimeDeposits $-30.44M USD 1 Quarter
Certificates of deposit and other time deposits IncreaseDecreaseInTimeDeposits $-38.08M USD 1 Quarter
Borrowings ProceedsFromIssuanceOfDebt $8.68M USD 1 Quarter
Borrowings ProceedsFromIssuanceOfDebt $59.00K USD 1 Quarter
Repayment of borrowings RepaymentsOfDebt $36.98M USD 1 Quarter
Repayment of borrowings RepaymentsOfDebt $30.09M USD 1 Quarter
Cash dividends on common stock PaymentsOfDividendsCommonStock $15.61M USD 1 Quarter
Cash dividends on common stock PaymentsOfDividendsCommonStock $14.13M 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 $443.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plans ProceedsFromStockPlans $471.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $37.00K USD 1 Quarter
Stock options exercised ProceedsFromStockOptionsExercised $171.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $121.36M 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 $-18.87M USD 1 Quarter
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $148.28M USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $167.15M USD Point-in-time
Cash and Cash Equivalents, January 1 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $192.90M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $187.90M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $148.28M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $167.15M USD Point-in-time
Cash and Cash Equivalents, March 31 CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $192.90M USD Point-in-time
Interest paid InterestPaidNet $6.43M USD 1 Quarter
Interest paid InterestPaidNet $8.65M USD 1 Quarter
Income tax paid IncomeTaxesPaidNet $7.75M USD 1 Quarter
Income tax paid IncomeTaxesPaidNet - USD 1 Quarter
Loans transferred to other real estate owned ValueTransferredFromLoansToRealEstateOwnedREOInNoncashTransactions $44.00K USD 1 Quarter
Loans transferred to other real estate owned ValueTransferredFromLoansToRealEstateOwnedREOInNoncashTransactions $5.87M USD 1 Quarter
Fixed assets transferred to other real estate owned FixedAssetsTransferToOtherRealEstate - USD 1 Quarter
Fixed assets transferred to other real estate owned FixedAssetsTransferToOtherRealEstate $1.17M USD 1 Quarter
Non-cash investing activities using trade date accounting SupplementalNonCashInvestingActivities $5.25M 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 $53.00K USD 1 Quarter
ROU assets obtained in exchange for new operating lease liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $386.00K USD 1 Quarter
Stockholders Equity 24 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquity $1.88B USD Point-in-time
Beginning balance StockholdersEquity $1.91B USD Point-in-time
Beginning balance StockholdersEquity $1.81B USD Point-in-time
Beginning balance StockholdersEquity $1.81B USD Point-in-time
Net income NetIncomeLoss $48.59M USD 1 Quarter
Net income NetIncomeLoss $49.47M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-139.50M USD 1 Quarter
Other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-39.03M USD 1 Quarter
Cash dividends on common stock DividendsCommonStockCash $14.13M USD 1 Quarter
Cash dividends on common stock DividendsCommonStockCash $15.61M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $1.19M USD 1 Quarter
Share-based compensation StockIssuedDuringPeriodValueShareBasedCompensation $1.10M USD 1 Quarter
Stock issued under employee benefit plans StockIssuedDuringPeriodValueEmployeeBenefitPlan $144.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plan StockIssuedUnderDividendReinvestmentAndStockPurchasePlan $471.00K USD 1 Quarter
Stock issued under dividend reinvestment and stock purchase plan StockIssuedUnderDividendReinvestmentAndStockPurchasePlan $443.00K USD 1 Quarter
Stock options exercised (in shares) StockIssuedDuringPeriodSharesStockOptionsExercised 3,000.00 shares 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $171.00K USD 1 Quarter
Stock options exercised StockIssuedDuringPeriodValueStockOptionsExercised $37.00K USD 1 Quarter
Restricted shares withheld for taxes StockRedeemedOrCalledDuringPeriodValue $20.00K USD 1 Quarter
Restricted shares withheld for taxes StockRedeemedOrCalledDuringPeriodValue $10.00K USD 1 Quarter
Ending balance StockholdersEquity $1.88B USD Point-in-time
Ending balance StockholdersEquity $1.91B USD Point-in-time
Ending balance StockholdersEquity $1.81B USD Point-in-time
Ending balance StockholdersEquity $1.81B USD Point-in-time
Comprehensive Income 22 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $48.59M USD 1 Quarter
Net income NetIncomeLoss $49.47M USD 1 Quarter
Unrealized holding loss arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-176.57M USD 1 Quarter
Unrealized holding loss arising during the period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-47.91M USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $566.00K USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $1.80M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $-37.20M USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $-10.44M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-39.27M USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-139.93M USD 1 Quarter
Unrealized holding gain arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $58.00K USD 1 Quarter
Unrealized holding gain arising during the period OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax $303.00K USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-241.00K USD 1 Quarter
Reclassification adjustment for gains included in net income OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax $-252.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $115.00K USD 1 Quarter
Tax effect OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTax $65.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $429.00K USD 1 Quarter
Net of tax OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $245.00K USD 1 Quarter
Total other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $-39.03M USD 1 Quarter
Total other comprehensive loss, net of tax OtherComprehensiveIncomeLossNetOfTax $-139.50M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTax $-90.92M USD 1 Quarter
Comprehensive income (loss) 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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