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10-Q Filing

OCEANFIRST FINANCIAL CORP CIK: 1004702 Q2 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-283079
Period End Date 20150630
Filing Date 20150807
Fiscal Year 2015
Fiscal Period Q2
XBRL Instance ocfc-20150630.xml
Balance Sheet 88 line items
Line Item Tag Value Unit Period
Securities held-to-maturity, net estimated fair value HeldToMaturitySecuritiesFairValue $474.21M USD Point-in-time
Securities held-to-maturity, net estimated fair value HeldToMaturitySecuritiesFairValue $420.41M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $33.96M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $40.36M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $43.82M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and due from banks CashAndDueFromBanks $36.12M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, liquidation preference PreferredStockLiquidationPreferenceValue $1.00K USD Point-in-time
Preferred stock, liquidation preference PreferredStockLiquidationPreferenceValue $1.00K USD Point-in-time
Securities available-for-sale, at estimated fair value AvailableForSaleSecurities $19.80M USD Point-in-time
Securities available-for-sale, at estimated fair value AvailableForSaleSecurities $30.03M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Securities held-to-maturity, net (estimated fair value of $420,409 at June 30, 2015 and $474,215 at December 31, 2014) HeldToMaturitySecurities $469.42M USD Point-in-time
Securities held-to-maturity, net (estimated fair value of $420,409 at June 30, 2015 and $474,215 at December 31, 2014) HeldToMaturitySecurities $414.62M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Federal Home Loan Bank of New York stock, at cost FederalHomeLoanBankStock $19.17M USD Point-in-time
Federal Home Loan Bank of New York stock, at cost FederalHomeLoanBankStock $18.74M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 shares Point-in-time
Loans receivable, net LoansAndLeasesReceivableNetReportedAmount $1.69B USD Point-in-time
Loans receivable, net LoansAndLeasesReceivableNetReportedAmount $1.77B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $4.20M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 55.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 55.00M shares Point-in-time
Mortgage loans held for sale LoansHeldForSaleMortgages $1.45M USD Point-in-time
Interest and dividends receivable InterestReceivable $5.51M USD Point-in-time
Interest and dividends receivable InterestReceivable $5.55M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 33.57M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 33.57M shares Point-in-time
Other real estate owned OtherRealEstate $4.66M USD Point-in-time
Other real estate owned OtherRealEstate $3.36M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 16.90M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 16.72M shares Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $24.74M USD Point-in-time
Treasury stock, shares TreasuryStockShares 16.67M shares Point-in-time
Treasury stock, shares TreasuryStockShares 16.84M shares Point-in-time
Premises and equipment, net PropertyPlantAndEquipmentNet $24.93M USD Point-in-time
Servicing asset ServicingAssetAtAmortizedValue $701.00K USD Point-in-time
Servicing asset ServicingAssetAtAmortizedValue $487.00K USD Point-in-time
Bank Owned Life Insurance BankOwnedLifeInsurance $56.86M USD Point-in-time
Bank Owned Life Insurance BankOwnedLifeInsurance $56.05M USD Point-in-time
Deferred tax asset DeferredTaxAssetsNet $15.59M USD Point-in-time
Deferred tax asset DeferredTaxAssetsNet $15.23M USD Point-in-time
Other assets OtherAssets $11.91M USD Point-in-time
Other assets OtherAssets $10.60M USD Point-in-time
Total assets Assets $2.36B USD Point-in-time
Total assets Assets $2.40B USD Point-in-time
Deposits Deposits $1.76B USD Point-in-time
Deposits Deposits $1.72B USD Point-in-time
Securities sold under agreements to repurchase with retail customers SecuritiesSoldUnderAgreementsToRepurchase $67.81M USD Point-in-time
Securities sold under agreements to repurchase with retail customers SecuritiesSoldUnderAgreementsToRepurchase $71.69M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $305.24M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $295.62M USD Point-in-time
Other borrowings OtherBorrowings $27.50M USD Point-in-time
Other borrowings OtherBorrowings $27.50M USD Point-in-time
Advances by borrowers for taxes and insurance AdvancePaymentsByBorrowersForTaxesAndInsurance $6.32M USD Point-in-time
Advances by borrowers for taxes and insurance AdvancePaymentsByBorrowersForTaxesAndInsurance $7.84M USD Point-in-time
Other liabilities OtherLiabilities $9.24M USD Point-in-time
Other liabilities OtherLiabilities $11.45M USD Point-in-time
Total liabilities Liabilities $2.14B USD Point-in-time
Total liabilities Liabilities $2.17B USD Point-in-time
Preferred stock, $.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, no shares issued PreferredStockValue - USD Point-in-time
Preferred stock, $.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, no shares issued PreferredStockValue - USD Point-in-time
Common stock, $.01 par value, 55,000,000 shares authorized, 33,566,772 shares issued and 16,722,632 and 16,901,653 shares outstanding at June 30, 2015 and December 31, 2014, respectively CommonStockValue $336.00K USD Point-in-time
Common stock, $.01 par value, 55,000,000 shares authorized, 33,566,772 shares issued and 16,722,632 and 16,901,653 shares outstanding at June 30, 2015 and December 31, 2014, respectively CommonStockValue $336.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $267.25M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $265.26M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $217.71M USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $223.64M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.11M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.59M USD Point-in-time
Less: Unallocated common stock held by Employee Stock Ownership Plan CommonStockIssuedEmployeeTrustDeferred $3.19M USD Point-in-time
Less: Unallocated common stock held by Employee Stock Ownership Plan CommonStockIssuedEmployeeTrustDeferred $3.33M USD Point-in-time
Treasury stock, 16,844,140 and 16,665,119 shares at June 30, 2015 and December 31, 2014, respectively TreasuryStockValue $254.61M USD Point-in-time
Treasury stock, 16,844,140 and 16,665,119 shares at June 30, 2015 and December 31, 2014, respectively TreasuryStockValue $259.92M USD Point-in-time
Common stock acquired by Deferred Compensation Plan CommonStockHeldInTrust $304.00K USD Point-in-time
Common stock acquired by Deferred Compensation Plan CommonStockHeldInTrust $309.00K USD Point-in-time
Deferred Compensation Plan Liability DeferredCompensationLiabilityCurrentAndNoncurrent $309.00K USD Point-in-time
Deferred Compensation Plan Liability DeferredCompensationLiabilityCurrentAndNoncurrent $304.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $221.53M USD Point-in-time
Total stockholders' equity StockholdersEquity $214.35M USD Point-in-time
Total stockholders' equity StockholdersEquity $218.26M USD Point-in-time
Total stockholders' equity StockholdersEquity $215.84M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.40B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.36B USD Point-in-time
Income Statement 152 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeases $17.53M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $36.58M USD 2 Qtrs
Loans InterestAndFeeIncomeLoansAndLeases $18.55M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $34.78M USD 2 Qtrs
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $1.73M USD 1 Quarter
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $3.14M USD 2 Qtrs
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $1.52M USD 1 Quarter
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $3.49M USD 2 Qtrs
Investment securities and other InterestAndDividendIncomeSecuritiesOther $1.37M USD 2 Qtrs
Investment securities and other InterestAndDividendIncomeSecuritiesOther $637.00K USD 1 Quarter
Investment securities and other InterestAndDividendIncomeSecuritiesOther $1.03M USD 2 Qtrs
Investment securities and other InterestAndDividendIncomeSecuritiesOther $509.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $39.64M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $20.58M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $40.74M USD 2 Qtrs
Total interest income InterestAndDividendIncomeOperating $19.90M USD 1 Quarter
Deposits InterestExpenseDeposits $986.00K USD 1 Quarter
Deposits InterestExpenseDeposits $2.08M USD 2 Qtrs
Deposits InterestExpenseDeposits $967.00K USD 1 Quarter
Deposits InterestExpenseDeposits $1.92M USD 2 Qtrs
Borrowed funds InterestExpenseBorrowings $1.34M USD 2 Qtrs
Borrowed funds InterestExpenseBorrowings $1.18M USD 1 Quarter
Borrowed funds InterestExpenseBorrowings $753.00K USD 1 Quarter
Borrowed funds InterestExpenseBorrowings $2.26M USD 2 Qtrs
Total interest expense InterestExpense $3.42M USD 2 Qtrs
Total interest expense InterestExpense $1.74M USD 1 Quarter
Total interest expense InterestExpense $2.14M USD 1 Quarter
Total interest expense InterestExpense $4.18M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $36.57M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $18.16M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $36.22M USD 2 Qtrs
Net interest income InterestIncomeExpenseNet $18.43M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $805.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $675.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $300.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $275.00K USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $18.13M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $35.42M USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $35.89M USD 2 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $17.88M USD 1 Quarter
Bankcard services revenue CreditAndDebitCardRevenue $899.00K USD 1 Quarter
Bankcard services revenue CreditAndDebitCardRevenue $1.69M USD 2 Qtrs
Bankcard services revenue CreditAndDebitCardRevenue $897.00K USD 1 Quarter
Bankcard services revenue CreditAndDebitCardRevenue $1.68M USD 2 Qtrs
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $1.15M USD 2 Qtrs
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $608.00K USD 1 Quarter
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $1.16M USD 2 Qtrs
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $629.00K USD 1 Quarter
Fees and service charges FeesAndCommissionsDepositorAccounts $4.10M USD 2 Qtrs
Fees and service charges FeesAndCommissionsDepositorAccounts $2.26M USD 1 Quarter
Fees and service charges FeesAndCommissionsDepositorAccounts $2.06M USD 1 Quarter
Fees and service charges FeesAndCommissionsDepositorAccounts $3.95M USD 2 Qtrs
Loan servicing income ServicingFeesNet $59.00K USD 1 Quarter
Loan servicing income ServicingFeesNet $226.00K USD 1 Quarter
Loan servicing income ServicingFeesNet $454.00K USD 2 Qtrs
Loan servicing income ServicingFeesNet $111.00K USD 2 Qtrs
Net gain on sale of loan servicing GainLossOnSaleOfLoanServicing $111.00K USD 2 Qtrs
Net gain on sale of loan servicing GainLossOnSaleOfLoanServicing $30.00K USD 1 Quarter
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $351.00K USD 2 Qtrs
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $219.00K USD 1 Quarter
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $185.00K USD 1 Quarter
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $377.00K USD 2 Qtrs
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 1 Quarter
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 2 Qtrs
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $348.00K USD 1 Quarter
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $348.00K USD 2 Qtrs
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-51.00K USD 2 Qtrs
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-107.00K USD 1 Quarter
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-139.00K USD 2 Qtrs
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-72.00K USD 1 Quarter
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $810.00K USD 2 Qtrs
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $364.00K USD 1 Quarter
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $377.00K USD 1 Quarter
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $715.00K USD 2 Qtrs
Other NoninterestIncomeOtherOperatingIncome $11.00K USD 2 Qtrs
Other NoninterestIncomeOtherOperatingIncome $2.00K USD 2 Qtrs
Other NoninterestIncomeOtherOperatingIncome $1.00K USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $18.00K USD 1 Quarter
Total other income NoninterestIncome $8.67M USD 2 Qtrs
Total other income NoninterestIncome $8.16M USD 2 Qtrs
Total other income NoninterestIncome $4.83M USD 1 Quarter
Total other income NoninterestIncome $4.17M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $15.82M USD 2 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $15.24M USD 2 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $7.70M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $8.13M USD 1 Quarter
Occupancy OccupancyNet $2.83M USD 2 Qtrs
Occupancy OccupancyNet $1.36M USD 1 Quarter
Occupancy OccupancyNet $1.24M USD 1 Quarter
Occupancy OccupancyNet $2.70M USD 2 Qtrs
Equipment EquipmentExpense $768.00K USD 1 Quarter
Equipment EquipmentExpense $813.00K USD 1 Quarter
Equipment EquipmentExpense $1.52M USD 2 Qtrs
Equipment EquipmentExpense $1.61M USD 2 Qtrs
Marketing MarketingExpense $1.14M USD 2 Qtrs
Marketing MarketingExpense $415.00K USD 1 Quarter
Marketing MarketingExpense $689.00K USD 2 Qtrs
Marketing MarketingExpense $610.00K USD 1 Quarter
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $538.00K USD 1 Quarter
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $1.00M USD 2 Qtrs
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $506.00K USD 1 Quarter
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $1.08M USD 2 Qtrs
Data processing InformationTechnologyAndDataProcessing $2.19M USD 2 Qtrs
Data processing InformationTechnologyAndDataProcessing $1.10M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $2.06M USD 2 Qtrs
Data processing InformationTechnologyAndDataProcessing $987.00K USD 1 Quarter
Check card processing CheckCardProcessing $494.00K USD 1 Quarter
Check card processing CheckCardProcessing $940.00K USD 2 Qtrs
Check card processing CheckCardProcessing $898.00K USD 2 Qtrs
Check card processing CheckCardProcessing $423.00K USD 1 Quarter
Professional fees ProfessionalFees $898.00K USD 2 Qtrs
Professional fees ProfessionalFees $539.00K USD 1 Quarter
Professional fees ProfessionalFees $523.00K USD 1 Quarter
Professional fees ProfessionalFees $934.00K USD 2 Qtrs
Other operating expense OtherCostAndExpenseOperating $2.65M USD 2 Qtrs
Other operating expense OtherCostAndExpenseOperating $2.64M USD 2 Qtrs
Other operating expense OtherCostAndExpenseOperating $1.42M USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $1.47M USD 1 Quarter
Merger related expenses BusinessCombinationAcquisitionRelatedCosts $234.00K USD 2 Qtrs
Merger related expenses BusinessCombinationAcquisitionRelatedCosts $184.00K USD 1 Quarter
Total operating expenses OperatingExpenses $28.13M USD 2 Qtrs
Total operating expenses OperatingExpenses $14.83M USD 1 Quarter
Total operating expenses OperatingExpenses $14.39M USD 1 Quarter
Total operating expenses OperatingExpenses $28.94M USD 2 Qtrs
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $7.91M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $7.88M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.92M USD 2 Qtrs
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $15.15M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $5.33M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $2.77M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $5.52M USD 2 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $2.78M USD 1 Quarter
Net income NetIncomeLoss $5.13M USD 1 Quarter
Net income NetIncomeLoss $5.12M USD 1 Quarter
Net income NetIncomeLoss $9.82M USD 2 Qtrs
Net income NetIncomeLoss $10.39M USD 2 Qtrs
Basic earnings per share EarningsPerShareBasic $0.31 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.31 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.63 USD 2 Qtrs
Basic earnings per share EarningsPerShareBasic $0.58 USD 2 Qtrs
Diluted earnings per share EarningsPerShareDiluted $0.63 USD 2 Qtrs
Diluted earnings per share EarningsPerShareDiluted $0.30 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.31 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.58 USD 2 Qtrs
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.81M shares 2 Qtrs
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.74M shares 1 Quarter
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.43M shares 2 Qtrs
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.40M shares 1 Quarter
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.95M shares 2 Qtrs
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.59M shares 1 Quarter
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.82M shares 1 Quarter
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.61M shares 2 Qtrs
Cash Flow Statement 104 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $5.13M USD 1 Quarter
Net income NetIncomeLoss $5.12M USD 1 Quarter
Net income NetIncomeLoss $9.82M USD 2 Qtrs
Net income NetIncomeLoss $10.39M USD 2 Qtrs
Depreciation and amortization of premises and equipment DepreciationAndAmortization $1.50M USD 2 Qtrs
Depreciation and amortization of premises and equipment DepreciationAndAmortization $1.41M USD 2 Qtrs
Allocation of ESOP stock EmployeeBenefitsAndShareBasedCompensation $288.00K USD 2 Qtrs
Allocation of ESOP stock EmployeeBenefitsAndShareBasedCompensation $291.00K USD 2 Qtrs
Stock awards ShareBasedCompensation $638.00K USD 2 Qtrs
Stock awards ShareBasedCompensation $429.00K USD 2 Qtrs
Amortization of servicing asset ServicingAssetAtAmortizedValueAmortization1 $214.00K USD 2 Qtrs
Amortization of servicing asset ServicingAssetAtAmortizedValueAmortization1 $594.00K USD 2 Qtrs
Net premium amortization in excess of discount accretion on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-1.47M USD 2 Qtrs
Net premium amortization in excess of discount accretion on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-1.14M USD 2 Qtrs
Net amortization of deferred costs and discounts on loans OtherNoncashExpense $35.00K USD 2 Qtrs
Net amortization of deferred costs and discounts on loans OtherNoncashExpense $70.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $805.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $675.00K USD 2 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $300.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $275.00K USD 1 Quarter
Net gain on sale of other real estate owned GainsLossesOnSalesOfOtherRealEstate $44.00K USD 2 Qtrs
Net gain on sale of other real estate owned GainsLossesOnSalesOfOtherRealEstate $112.00K USD 2 Qtrs
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 1 Quarter
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 2 Qtrs
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $348.00K USD 1 Quarter
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $348.00K USD 2 Qtrs
Net gain on sales of loans GainLossOnSalesOfLoansNet $377.00K USD 2 Qtrs
Net gain on sales of loans GainLossOnSalesOfLoansNet $351.00K USD 2 Qtrs
Proceeds from sales of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $28.14M USD 2 Qtrs
Proceeds from sales of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $21.37M USD 2 Qtrs
Mortgage loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $25.02M USD 2 Qtrs
Mortgage loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $21.71M USD 2 Qtrs
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $810.00K USD 2 Qtrs
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $364.00K USD 1 Quarter
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $377.00K USD 1 Quarter
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $715.00K USD 2 Qtrs
(Increase) decrease in interest and dividends receivable IncreaseDecreaseInInterestAndDividendsReceivable $-63.00K USD 2 Qtrs
(Increase) decrease in interest and dividends receivable IncreaseDecreaseInInterestAndDividendsReceivable $44.00K USD 2 Qtrs
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-93.00K USD 2 Qtrs
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-1.31M USD 2 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-5.27M USD 2 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-2.21M USD 2 Qtrs
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-1.88M USD 2 Qtrs
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $5.42M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $15.81M USD 2 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $7.94M USD 2 Qtrs
Net increase in loans receivable PaymentsForProceedsFromLoansAndLeases $77.57M USD 2 Qtrs
Net increase in loans receivable PaymentsForProceedsFromLoansAndLeases $72.38M USD 2 Qtrs
Purchase of loans receivable PaymentsToAcquireLoansReceivable $7.19M USD 2 Qtrs
Purchase of loans receivable PaymentsToAcquireLoansReceivable $20.57M USD 2 Qtrs
Purchase of investment securities available-for-sale PaymentsToAcquireAvailableForSaleSecurities $651.00K USD 2 Qtrs
Purchase of investment securities available-for-sale PaymentsToAcquireAvailableForSaleSecurities $9.97M USD 2 Qtrs
Purchase of mortgage-backed securities held-to-maturity PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity $10.13M USD 2 Qtrs
Purchase of investment-backed securities held-to-maturity PaymentsToAcquireInvestmentBackedSecuritiesIbsCategorizedAsHeldToMaturity $5.00M USD 2 Qtrs
Proceeds from maturities of investment securities available-for-sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $10.00M USD 2 Qtrs
Proceeds from sale of investment securities available-for-sale ProceedsFromSaleOfAvailableForSaleSecurities $1.40M USD 2 Qtrs
Proceeds from maturities of investment securities held-to-maturity ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities $4.35M USD 2 Qtrs
Proceeds from maturities of investment securities held-to-maturity ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities $23.29M USD 2 Qtrs
Principal repayments on mortgage-backed securities held-to-maturity ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $31.00M USD 2 Qtrs
Principal repayments on mortgage-backed securities held-to-maturity ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $27.18M USD 2 Qtrs
Decrease (increase) in Federal Home Loan Bank of New York stock PaymentsForProceedsFromFederalHomeLoanBankStock $5.73M USD 2 Qtrs
Decrease (increase) in Federal Home Loan Bank of New York stock PaymentsForProceedsFromFederalHomeLoanBankStock $-430.00K USD 2 Qtrs
Proceeds from sales of other real estate owned ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans $1.17M USD 2 Qtrs
Proceeds from sales of other real estate owned ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans $1.40M USD 2 Qtrs
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.70M USD 2 Qtrs
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.16M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-72.52M USD 2 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-40.32M USD 2 Qtrs
Increase (decrease) in deposits IncreaseDecreaseInDeposits $-41.25M USD 2 Qtrs
Increase (decrease) in deposits IncreaseDecreaseInDeposits $41.54M USD 2 Qtrs
Decrease in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-40.75M USD 2 Qtrs
Decrease in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-5.96M USD 2 Qtrs
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankAdvances $190.00M USD 2 Qtrs
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankAdvances $35.00M USD 2 Qtrs
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $60.00M USD 2 Qtrs
Increase in advances by borrowers for taxes and insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance $425.00K USD 2 Qtrs
Increase in advances by borrowers for taxes and insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance $1.52M USD 2 Qtrs
Exercise of stock options ProceedsFromStockOptionsExercised $165.00K USD 2 Qtrs
Exercise of stock options ProceedsFromStockOptionsExercised $265.00K USD 2 Qtrs
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $5.02M USD 2 Qtrs
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $4.45M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $4.07M USD 2 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $4.29M USD 2 Qtrs
Tax benefit of stock plans ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $50.00K USD 2 Qtrs
Tax benefit of stock plans ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $8.00K USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $74.44M USD 2 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $28.75M USD 2 Qtrs
Net increase in cash and due from banks CashAndCashEquivalentsPeriodIncreaseDecrease $9.86M USD 2 Qtrs
Net increase in cash and due from banks CashAndCashEquivalentsPeriodIncreaseDecrease $4.24M USD 2 Qtrs
Cash and due from banks at beginning of period CashAndDueFromBanks $33.96M USD Point-in-time
Cash and due from banks at beginning of period CashAndDueFromBanks $40.36M USD Point-in-time
Cash and due from banks at beginning of period CashAndDueFromBanks $43.82M USD Point-in-time
Cash and due from banks at beginning of period CashAndDueFromBanks $36.12M USD Point-in-time
Cash and due from banks at end of period CashAndDueFromBanks $33.96M USD Point-in-time
Cash and due from banks at end of period CashAndDueFromBanks $40.36M USD Point-in-time
Cash and due from banks at end of period CashAndDueFromBanks $43.82M USD Point-in-time
Cash and due from banks at end of period CashAndDueFromBanks $36.12M USD Point-in-time
Interest InterestPaid $3.23M USD 2 Qtrs
Interest InterestPaid $4.14M USD 2 Qtrs
Income taxes IncomeTaxesPaid $762.00K USD 2 Qtrs
Income taxes IncomeTaxesPaid $6.60M USD 2 Qtrs
Loans charged-off, net NetLoansChargedOff $458.00K USD 2 Qtrs
Loans charged-off, net NetLoansChargedOff $799.00K USD 2 Qtrs
Transfer of loans receivable to other real estate owned TransferToOtherRealEstate $1.75M USD 2 Qtrs
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $221.53M USD Point-in-time
Beginning Balance StockholdersEquity $214.35M USD Point-in-time
Beginning Balance StockholdersEquity $218.26M USD Point-in-time
Beginning Balance StockholdersEquity $215.84M USD Point-in-time
Net income NetIncomeLoss $5.13M USD 1 Quarter
Net income NetIncomeLoss $5.12M USD 1 Quarter
Net income NetIncomeLoss $9.82M USD 2 Qtrs
Net income NetIncomeLoss $10.39M USD 2 Qtrs
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $-283.00K USD 2 Qtrs
Other comprehensive income, net of tax OtherComprehensiveIncomeLossNetOfTax $522.00K USD 2 Qtrs
Tax benefit of stock plans AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $8.00K USD 2 Qtrs
Tax benefit of stock plans AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $50.00K USD 2 Qtrs
Stock awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $429.00K USD 2 Qtrs
Stock awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $638.00K USD 2 Qtrs
Purchased 301,766 and 259,940 shares of common stock in 2014 and 2015 respectively TreasuryStockValueAcquiredCostMethod $4.45M USD 2 Qtrs
Purchased 301,766 and 259,940 shares of common stock in 2014 and 2015 respectively TreasuryStockValueAcquiredCostMethod $5.02M USD 2 Qtrs
Allocation of ESOP stock AmortizationOfESOPAward $288.00K USD 2 Qtrs
Allocation of ESOP stock AmortizationOfESOPAward $291.00K USD 2 Qtrs
Cash dividend $0.24 and $0.26 per share for 2014 and 2015 respectively DividendsCommonStockCash $4.07M USD 2 Qtrs
Cash dividend $0.24 and $0.26 per share for 2014 and 2015 respectively DividendsCommonStockCash $4.29M USD 2 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $165.00K USD 2 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $265.00K USD 2 Qtrs
Ending Balance StockholdersEquity $221.53M USD Point-in-time
Ending Balance StockholdersEquity $214.35M USD Point-in-time
Ending Balance StockholdersEquity $218.26M USD Point-in-time
Ending Balance StockholdersEquity $215.84M USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $5.13M USD 1 Quarter
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $1.00K USD 1 Quarter
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-209.00K USD 1 Quarter
Net income NetIncomeLoss $5.12M USD 1 Quarter
Net income NetIncomeLoss $9.82M USD 2 Qtrs
Net income NetIncomeLoss $10.39M USD 2 Qtrs
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $98.00K USD 2 Qtrs
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-286.00K USD 2 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $125.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $263.00K USD 2 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $138.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $233.00K USD 2 Qtrs
Unrealized gain (loss) on securities (net of tax expense of $1 and $98 in 2015 and tax benefit of $209 and $286 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $141.00K USD 2 Qtrs
Unrealized gain (loss) on securities (net of tax expense of $1 and $98 in 2015 and tax benefit of $209 and $286 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-414.00K USD 2 Qtrs
Reclassification adjustment for gains included in net income, tax expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $142.00K USD 2 Qtrs
Unrealized gain (loss) on securities (net of tax expense of $1 and $98 in 2015 and tax benefit of $209 and $286 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $2.00K USD 1 Quarter
Reclassification adjustment for gains included in net income, tax expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $142.00K USD 1 Quarter
Unrealized gain (loss) on securities (net of tax expense of $1 and $98 in 2015 and tax benefit of $209 and $286 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-303.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $138 and $263 in 2015 and $125 and $233 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $-337.00K USD 2 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $138 and $263 in 2015 and $125 and $233 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $-181.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $138 and $263 in 2015 and $125 and $233 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $-381.00K USD 2 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $138 and $263 in 2015 and $125 and $233 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $-199.00K USD 1 Quarter
Reclassification adjustment for gains included in net income (net of tax expense of $142 in 2014) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-206.00K USD 2 Qtrs
Reclassification adjustment for gains included in net income (net of tax expense of $142 in 2014) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-206.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $4.79M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $9.54M USD 2 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $5.33M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $10.92M USD 2 Qtrs

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

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