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10-Q Filing

OCEANFIRST FINANCIAL CORP CIK: 1004702 Q3 2015
Filing Information
Form Type 10-Q
Accession Number 0001193125-15-369727
Period End Date 20150930
Filing Date 20151106
Fiscal Year 2015
Fiscal Period Q3
XBRL Instance ocfc-20150930.xml
Balance Sheet 90 line items
Line Item Tag Value Unit Period
Securities held-to-maturity, net estimated fair value HeldToMaturitySecuritiesFairValue $400.85M USD Point-in-time
Securities held-to-maturity, net estimated fair value HeldToMaturitySecuritiesFairValue $474.21M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $50.58M USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Cash and due from banks CashAndDueFromBanks $27.66M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $33.96M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $36.12M USD Point-in-time
Securities available-for-sale, at estimated fair value AvailableForSaleSecurities $19.80M USD Point-in-time
Preferred stock, liquidation preference PreferredStockLiquidationPreferenceValue $1.00K USD Point-in-time
Securities available-for-sale, at estimated fair value AvailableForSaleSecurities $30.11M USD Point-in-time
Preferred stock, liquidation preference PreferredStockLiquidationPreferenceValue $1.00K USD Point-in-time
Securities held-to-maturity, net (estimated fair value of $400,852 at September 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 $400,852 at September 30, 2015 and $474,215 at December 31, 2014) HeldToMaturitySecurities $392.93M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 5.00M shares Point-in-time
Federal Home Loan Bank of New York stock, at cost FederalHomeLoanBankStock $15.97M USD Point-in-time
Preferred stock, shares issued PreferredStockSharesIssued 0.00 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
Loans receivable, net LoansAndLeasesReceivableNetReportedAmount $1.69B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Loans receivable, net LoansAndLeasesReceivableNetReportedAmount $1.94B USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Mortgage loans held for sale LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage $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 LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage $2.31M 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
Interest and dividends receivable InterestReceivable $5.98M USD Point-in-time
Interest and dividends receivable InterestReceivable $5.51M USD Point-in-time
Other real estate owned OtherRealEstate $3.26M USD Point-in-time
Other real estate owned OtherRealEstate $4.66M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 17.28M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 16.90M shares Point-in-time
Treasury stock, shares TreasuryStockShares 16.29M 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
Premises and equipment, net PropertyPlantAndEquipmentNet $28.72M USD Point-in-time
Servicing asset ServicingAssetAtAmortizedValue $639.00K USD Point-in-time
Servicing asset ServicingAssetAtAmortizedValue $701.00K USD Point-in-time
Bank Owned Life Insurance BankOwnedLifeInsurance $57.21M USD Point-in-time
Bank Owned Life Insurance BankOwnedLifeInsurance $56.05M USD Point-in-time
Deferred tax asset DeferredTaxAssetsNet $18.30M USD Point-in-time
Deferred tax asset DeferredTaxAssetsNet $15.59M USD Point-in-time
Other assets OtherAssets $10.82M USD Point-in-time
Other assets OtherAssets $11.91M USD Point-in-time
Core deposit intangible IntangibleAssetsNetExcludingGoodwill $269.00K USD Point-in-time
Goodwill Goodwill $1.84M USD Point-in-time
Total assets Assets $2.36B USD Point-in-time
Total assets Assets $2.56B USD Point-in-time
Deposits Deposits $1.72B USD Point-in-time
Deposits Deposits $1.97B USD Point-in-time
Securities sold under agreements to repurchase with retail customers SecuritiesSoldUnderAgreementsToRepurchase $77.99M USD Point-in-time
Securities sold under agreements to repurchase with retail customers SecuritiesSoldUnderAgreementsToRepurchase $67.81M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $233.01M USD Point-in-time
Federal Home Loan Bank advances AdvancesFromFederalHomeLoanBanks $305.24M 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 $7.81M USD Point-in-time
Advances by borrowers for taxes and insurance AdvancePaymentsByBorrowersForTaxesAndInsurance $6.32M USD Point-in-time
Other liabilities OtherLiabilities $11.45M USD Point-in-time
Other liabilities OtherLiabilities $9.13M USD Point-in-time
Total liabilities Liabilities $2.32B USD Point-in-time
Total liabilities Liabilities $2.14B 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 17,276,677 and 16,901,653 shares outstanding at September 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 17,276,677 and 16,901,653 shares outstanding at September 30, 2015 and December 31, 2014, respectively CommonStockValue $336.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $269.33M 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 $226.12M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.11M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.33M USD Point-in-time
Less: Unallocated common stock held by Employee Stock Ownership Plan CommonStockIssuedEmployeeTrustDeferred $3.33M USD Point-in-time
Less: Unallocated common stock held by Employee Stock Ownership Plan CommonStockIssuedEmployeeTrustDeferred $3.12M USD Point-in-time
Treasury stock, 16,290,095 and 16,665,119 shares at September 30, 2015 and December 31, 2014, respectively TreasuryStockValue $251.65M USD Point-in-time
Treasury stock, 16,290,095 and 16,665,119 shares at September 30, 2015 and December 31, 2014, respectively TreasuryStockValue $254.61M USD Point-in-time
Common stock acquired by Deferred Compensation Plan CommonStockHeldInTrust $311.00K USD Point-in-time
Common stock acquired by Deferred Compensation Plan CommonStockHeldInTrust $304.00K USD Point-in-time
Deferred Compensation Plan Liability DeferredCompensationLiabilityCurrentAndNoncurrent $304.00K USD Point-in-time
Deferred Compensation Plan Liability DeferredCompensationLiabilityCurrentAndNoncurrent $311.00K USD Point-in-time
Total stockholders' equity StockholdersEquity $214.35M USD Point-in-time
Total stockholders' equity StockholdersEquity $234.69M USD Point-in-time
Total stockholders' equity StockholdersEquity $218.65M USD Point-in-time
Total stockholders' equity StockholdersEquity $218.26M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.36B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $2.56B USD Point-in-time
Income Statement 152 line items
Line Item Tag Value Unit Period
Loans InterestAndFeeIncomeLoansAndLeases $19.98M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $52.72M USD 3 Qtrs
Loans InterestAndFeeIncomeLoansAndLeases $17.94M USD 1 Quarter
Loans InterestAndFeeIncomeLoansAndLeases $56.55M USD 3 Qtrs
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $4.60M USD 3 Qtrs
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $5.14M USD 3 Qtrs
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $1.64M USD 1 Quarter
Mortgage-backed securities InterestIncomeSecuritiesMortgageBacked $1.46M USD 1 Quarter
Investment securities and other InterestAndDividendIncomeSecuritiesOther $1.93M USD 3 Qtrs
Investment securities and other InterestAndDividendIncomeSecuritiesOther $1.56M USD 3 Qtrs
Investment securities and other InterestAndDividendIncomeSecuritiesOther $534.00K USD 1 Quarter
Investment securities and other InterestAndDividendIncomeSecuritiesOther $556.00K USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $20.14M USD 1 Quarter
Total interest income InterestAndDividendIncomeOperating $59.78M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $62.72M USD 3 Qtrs
Total interest income InterestAndDividendIncomeOperating $21.97M USD 1 Quarter
Deposits InterestExpenseDeposits $3.08M USD 3 Qtrs
Deposits InterestExpenseDeposits $3.09M USD 3 Qtrs
Deposits InterestExpenseDeposits $1.16M USD 1 Quarter
Deposits InterestExpenseDeposits $1.01M USD 1 Quarter
Borrowed funds InterestExpenseBorrowings $2.37M USD 3 Qtrs
Borrowed funds InterestExpenseBorrowings $1.03M USD 1 Quarter
Borrowed funds InterestExpenseBorrowings $3.49M USD 3 Qtrs
Borrowed funds InterestExpenseBorrowings $1.23M USD 1 Quarter
Total interest expense InterestExpense $5.46M USD 3 Qtrs
Total interest expense InterestExpense $2.04M USD 1 Quarter
Total interest expense InterestExpense $6.57M USD 3 Qtrs
Total interest expense InterestExpense $2.40M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $18.10M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $19.57M USD 1 Quarter
Net interest income InterestIncomeExpenseNet $54.32M USD 3 Qtrs
Net interest income InterestIncomeExpenseNet $56.14M USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $300.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.00M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $975.00K USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.80M USD 3 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $17.10M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $19.27M USD 1 Quarter
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $52.52M USD 3 Qtrs
Net interest income after provision for loan losses InterestIncomeExpenseAfterProvisionForLoanLoss $55.17M USD 3 Qtrs
Bankcard services revenue CreditAndDebitCardRevenue $929.00K USD 1 Quarter
Bankcard services revenue CreditAndDebitCardRevenue $2.61M USD 3 Qtrs
Bankcard services revenue CreditAndDebitCardRevenue $2.60M USD 3 Qtrs
Bankcard services revenue CreditAndDebitCardRevenue $914.00K USD 1 Quarter
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $1.73M USD 3 Qtrs
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $501.00K USD 1 Quarter
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $1.66M USD 3 Qtrs
Wealth management revenue InvestmentAdvisoryManagementAndAdministrativeFees $579.00K USD 1 Quarter
Fees and service charges FeesAndCommissionsDepositorAccounts $6.04M USD 3 Qtrs
Fees and service charges FeesAndCommissionsDepositorAccounts $6.48M USD 3 Qtrs
Fees and service charges FeesAndCommissionsDepositorAccounts $2.38M USD 1 Quarter
Fees and service charges FeesAndCommissionsDepositorAccounts $2.09M USD 1 Quarter
Loan servicing income ServicingFeesNet $75.00K USD 1 Quarter
Loan servicing income ServicingFeesNet $693.00K USD 3 Qtrs
Loan servicing income ServicingFeesNet $239.00K USD 1 Quarter
Loan servicing income ServicingFeesNet $186.00K USD 3 Qtrs
Net gain on sale of loan servicing GainLossOnSaleOfLoanServicing $111.00K USD 3 Qtrs
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $260.00K USD 1 Quarter
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $577.00K USD 3 Qtrs
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $226.00K USD 1 Quarter
Net gain on sales of loans available-for-sale GainLossOnSaleOfMortgageLoans $637.00K USD 3 Qtrs
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $591.00K USD 1 Quarter
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 3 Qtrs
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $938.00K USD 3 Qtrs
Net gain on sale of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 1 Quarter
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-59.00K USD 1 Quarter
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-24.00K USD 1 Quarter
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-164.00K USD 3 Qtrs
Net loss from other real estate operations ProfitLossFromRealEstateOperations $-111.00K USD 3 Qtrs
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $382.00K USD 1 Quarter
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $1.16M USD 3 Qtrs
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $1.10M USD 3 Qtrs
Income from Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $348.00K USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $18.00K USD 3 Qtrs
Other NoninterestIncomeOtherOperatingIncome $2.00K USD 3 Qtrs
Other NoninterestIncomeOtherOperatingIncome $7.00K USD 1 Quarter
Total other income NoninterestIncome $13.96M USD 3 Qtrs
Total other income NoninterestIncome $12.31M USD 3 Qtrs
Total other income NoninterestIncome $5.29M USD 1 Quarter
Total other income NoninterestIncome $4.15M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $23.56M USD 3 Qtrs
Compensation and employee benefits LaborAndRelatedExpense $7.75M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $8.27M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $23.51M USD 3 Qtrs
Occupancy OccupancyNet $1.33M USD 1 Quarter
Occupancy OccupancyNet $4.15M USD 3 Qtrs
Occupancy OccupancyNet $4.20M USD 3 Qtrs
Occupancy OccupancyNet $1.51M USD 1 Quarter
Equipment EquipmentExpense $2.56M USD 3 Qtrs
Equipment EquipmentExpense $2.40M USD 3 Qtrs
Equipment EquipmentExpense $951.00K USD 1 Quarter
Equipment EquipmentExpense $879.00K USD 1 Quarter
Marketing MarketingExpense $398.00K USD 1 Quarter
Marketing MarketingExpense $1.09M USD 3 Qtrs
Marketing MarketingExpense $294.00K USD 1 Quarter
Marketing MarketingExpense $1.44M USD 3 Qtrs
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $534.00K USD 1 Quarter
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $1.62M USD 3 Qtrs
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $541.00K USD 1 Quarter
Federal deposit insurance FederalDepositInsuranceCorporationPremiumExpense $1.54M USD 3 Qtrs
Data processing InformationTechnologyAndDataProcessing $3.38M USD 3 Qtrs
Data processing InformationTechnologyAndDataProcessing $1.11M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $1.19M USD 1 Quarter
Data processing InformationTechnologyAndDataProcessing $3.17M USD 3 Qtrs
Check card processing CheckCardProcessing $1.46M USD 3 Qtrs
Check card processing CheckCardProcessing $1.39M USD 3 Qtrs
Check card processing CheckCardProcessing $518.00K USD 1 Quarter
Check card processing CheckCardProcessing $490.00K USD 1 Quarter
Professional fees ProfessionalFees $390.00K USD 1 Quarter
Professional fees ProfessionalFees $1.32M USD 3 Qtrs
Professional fees ProfessionalFees $1.60M USD 3 Qtrs
Professional fees ProfessionalFees $704.00K USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $3.97M USD 3 Qtrs
Other operating expense OtherCostAndExpenseOperating $1.37M USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $1.32M USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $4.00M USD 3 Qtrs
Amortization of core deposit intangible AmortizationOfIntangibleAssets $8.00K USD 1 Quarter
Amortization of core deposit intangible AmortizationOfIntangibleAssets $8.00K USD 3 Qtrs
Merger related expenses BusinessCombinationAcquisitionRelatedCosts $1.03M USD 1 Quarter
Merger related expenses BusinessCombinationAcquisitionRelatedCosts $1.26M USD 3 Qtrs
Total operating expenses OperatingExpenses $14.43M USD 1 Quarter
Total operating expenses OperatingExpenses $44.28M USD 3 Qtrs
Total operating expenses OperatingExpenses $16.15M USD 1 Quarter
Total operating expenses OperatingExpenses $43.37M USD 3 Qtrs
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $7.96M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $7.28M USD 1 Quarter
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $23.20M USD 3 Qtrs
Income before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $23.11M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $2.58M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $8.12M USD 3 Qtrs
Provision for income taxes IncomeTaxExpenseBenefit $2.79M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $8.11M USD 3 Qtrs
Net income NetIncomeLoss $14.99M USD 3 Qtrs
Net income NetIncomeLoss $5.17M USD 1 Quarter
Net income NetIncomeLoss $4.70M USD 1 Quarter
Net income NetIncomeLoss $15.09M USD 3 Qtrs
Basic earnings per share EarningsPerShareBasic $0.31 USD 1 Quarter
Basic earnings per share EarningsPerShareBasic $0.91 USD 3 Qtrs
Basic earnings per share EarningsPerShareBasic $0.89 USD 3 Qtrs
Basic earnings per share EarningsPerShareBasic $0.28 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.28 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.31 USD 1 Quarter
Diluted earnings per share EarningsPerShareDiluted $0.90 USD 3 Qtrs
Diluted earnings per share EarningsPerShareDiluted $0.89 USD 3 Qtrs
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.75M shares 3 Qtrs
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.62M shares 1 Quarter
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.52M shares 3 Qtrs
Average basic shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 16.73M shares 1 Quarter
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.75M shares 3 Qtrs
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.95M shares 1 Quarter
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.86M shares 3 Qtrs
Average diluted shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 16.70M shares 1 Quarter
Cash Flow Statement 121 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $14.99M USD 3 Qtrs
Net income NetIncomeLoss $5.17M USD 1 Quarter
Net income NetIncomeLoss $4.70M USD 1 Quarter
Net income NetIncomeLoss $15.09M USD 3 Qtrs
Depreciation and amortization of premises and equipment DepreciationAndAmortization $2.37M USD 3 Qtrs
Depreciation and amortization of premises and equipment DepreciationAndAmortization $2.16M USD 3 Qtrs
Allocation of ESOP stock EmployeeBenefitsAndShareBasedCompensation $440.00K USD 3 Qtrs
Allocation of ESOP stock EmployeeBenefitsAndShareBasedCompensation $431.00K USD 3 Qtrs
Stock awards ShareBasedCompensation $678.00K USD 3 Qtrs
Stock awards ShareBasedCompensation $985.00K USD 3 Qtrs
Amortization of servicing asset ServicingAssetAtAmortizedValueAmortization1 $874.00K USD 3 Qtrs
Amortization of servicing asset ServicingAssetAtAmortizedValueAmortization1 $276.00K USD 3 Qtrs
Net premium amortization in excess of discount accretion on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-1.58M USD 3 Qtrs
Net premium amortization in excess of discount accretion on securities AccretionAmortizationOfDiscountsAndPremiumsInvestments $-2.16M USD 3 Qtrs
Net amortization of deferred costs and discounts on loans OtherNoncashExpense $61.00K USD 3 Qtrs
Net amortization of deferred costs and discounts on loans OtherNoncashExpense $86.00K USD 3 Qtrs
Amortization of core deposit intangible AmortizationOfIntangibleAssets $8.00K USD 1 Quarter
Amortization of core deposit intangible AmortizationOfIntangibleAssets $8.00K USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $300.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.00M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $975.00K USD 3 Qtrs
Provision for loan losses ProvisionForLoanAndLeaseLosses $1.80M USD 3 Qtrs
Net gain on sale of other real estate owned GainsLossesOnSalesOfOtherRealEstate $151.00K USD 3 Qtrs
Net gain on sale of other real estate owned GainsLossesOnSalesOfOtherRealEstate $84.00K USD 3 Qtrs
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $591.00K USD 1 Quarter
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 3 Qtrs
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss $938.00K USD 3 Qtrs
Net gain on sales of investment securities available-for-sale MarketableSecuritiesRealizedGainLoss - USD 1 Quarter
Net gain on sales of loans GainLossOnSalesOfLoansNet $577.00K USD 3 Qtrs
Net gain on sales of loans GainLossOnSalesOfLoansNet $637.00K USD 3 Qtrs
Proceeds from sales of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $31.31M USD 3 Qtrs
Proceeds from sales of mortgage loans held for sale ProceedsFromSaleOfMortgageLoansHeldForSale $42.79M USD 3 Qtrs
Mortgage loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $40.26M USD 3 Qtrs
Mortgage loans originated for sale PaymentsForOriginationOfMortgageLoansHeldForSale $33.32M USD 3 Qtrs
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $382.00K USD 1 Quarter
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $1.16M USD 3 Qtrs
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $1.10M USD 3 Qtrs
Increase in value of Bank Owned Life Insurance BankOwnedLifeInsuranceIncome $348.00K USD 1 Quarter
Increase in interest and dividends receivable IncreaseDecreaseInInterestAndDividendsReceivable $199.00K USD 3 Qtrs
Increase in interest and dividends receivable IncreaseDecreaseInInterestAndDividendsReceivable $50.00K USD 3 Qtrs
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-136.00K USD 3 Qtrs
Decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-1.86M USD 3 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-2.62M USD 3 Qtrs
Decrease in other liabilities IncreaseDecreaseInOtherOperatingLiabilities $-3.37M USD 3 Qtrs
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-30.00K USD 3 Qtrs
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $6.56M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $14.96M USD 3 Qtrs
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $21.65M USD 3 Qtrs
Net increase in loans receivable PaymentsForProceedsFromLoansAndLeases $76.19M USD 3 Qtrs
Net increase in loans receivable PaymentsForProceedsFromLoansAndLeases $107.92M USD 3 Qtrs
Purchase of loans receivable PaymentsToAcquireLoansReceivable $22.05M USD 3 Qtrs
Purchase of loans receivable PaymentsToAcquireLoansReceivable $20.57M USD 3 Qtrs
Purchase of investment securities available-for-sale PaymentsToAcquireAvailableForSaleSecurities $9.97M USD 3 Qtrs
Purchase of investment securities available-for-sale PaymentsToAcquireAvailableForSaleSecurities $10.62M USD 3 Qtrs
Purchase of mortgage-backed securities held-to-maturity PaymentsToAcquireMortgageBackedSecuritiesMBSCategorizedAsHeldToMaturity $35.20M USD 3 Qtrs
Purchase of investment securities held-to-maturity PaymentsToAcquireHeldToMaturitySecurities $5.00M USD 3 Qtrs
Proceeds from maturities of investment securities available-for-sale ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $5.71M USD 3 Qtrs
Proceeds from sale of investment securities available-for-sale ProceedsFromSaleOfAvailableForSaleSecurities $7.71M USD 3 Qtrs
Proceeds from maturities of investment securities held-to-maturity ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities $35.86M USD 3 Qtrs
Proceeds from maturities of investment securities held-to-maturity ProceedsFromSaleAndMaturityOfHeldToMaturitySecurities $25.00M USD 3 Qtrs
Principal repayments on mortgage-backed securities held-to-maturity ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $46.79M USD 3 Qtrs
Principal repayments on mortgage-backed securities held-to-maturity ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment $42.15M USD 3 Qtrs
Decrease (increase) in Federal Home Loan Bank of New York stock PaymentsForProceedsFromFederalHomeLoanBankStock $267.00K USD 3 Qtrs
Decrease (increase) in Federal Home Loan Bank of New York stock PaymentsForProceedsFromFederalHomeLoanBankStock $-3.51M USD 3 Qtrs
Proceeds from sales of other real estate owned ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans $1.72M USD 3 Qtrs
Proceeds from sales of other real estate owned ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans $2.37M USD 3 Qtrs
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.17M USD 3 Qtrs
Purchases of premises and equipment PaymentsToAcquirePropertyPlantAndEquipment $3.08M USD 3 Qtrs
Cash received, net of cash consideration paid for acquisition CashAcquiredFromAcquisition $3.70M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-51.43M USD 3 Qtrs
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-68.09M USD 3 Qtrs
Increase in deposits IncreaseDecreaseInDeposits $124.29M USD 3 Qtrs
Increase in deposits IncreaseDecreaseInDeposits $34.46M USD 3 Qtrs
Decrease in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-107.62M USD 3 Qtrs
Decrease in short-term borrowings ProceedsFromRepaymentsOfShortTermDebt $-91.65M USD 3 Qtrs
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankAdvances $205.00M USD 3 Qtrs
Proceeds from Federal Home Loan Bank advances ProceedsFromFederalHomeLoanBankAdvances $40.00M USD 3 Qtrs
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $90.00M USD 3 Qtrs
Repayments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $1.23M USD 3 Qtrs
Increase in advances by borrowers for taxes and insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance $1.49M USD 3 Qtrs
Increase in advances by borrowers for taxes and insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance $245.00K USD 3 Qtrs
Exercise of stock options ProceedsFromStockOptionsExercised $349.00K USD 3 Qtrs
Exercise of stock options ProceedsFromStockOptionsExercised $250.00K USD 3 Qtrs
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $6.46M USD 3 Qtrs
Purchase of treasury stock PaymentsForRepurchaseOfCommonStock $5.56M USD 3 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $6.07M USD 3 Qtrs
Dividends paid PaymentsOfDividendsCommonStock $6.50M USD 3 Qtrs
Tax benefit of stock plans ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $13.00K USD 3 Qtrs
Tax benefit of stock plans ExcessTaxBenefitFromShareBasedCompensationFinancingActivities $57.00K USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $44.23M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $46.83M USD 3 Qtrs
Net increase (decrease) in cash and due from banks CashAndCashEquivalentsPeriodIncreaseDecrease $-6.30M USD 3 Qtrs
Net increase (decrease) in cash and due from banks CashAndCashEquivalentsPeriodIncreaseDecrease $14.46M USD 3 Qtrs
Cash and due from banks at beginning of period CashAndDueFromBanks $50.58M USD Point-in-time
Cash and due from banks at beginning of period CashAndDueFromBanks $27.66M USD Point-in-time
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 $36.12M USD Point-in-time
Cash and due from banks at end of period CashAndDueFromBanks $50.58M USD Point-in-time
Cash and due from banks at end of period CashAndDueFromBanks $27.66M 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 $36.12M USD Point-in-time
Interest InterestPaid $6.63M USD 3 Qtrs
Interest InterestPaid $5.20M USD 3 Qtrs
Income taxes IncomeTaxesPaid $7.86M USD 3 Qtrs
Income taxes IncomeTaxesPaid $9.00M USD 3 Qtrs
Loans charged-off, net NetLoansChargedOff $6.42M USD 3 Qtrs
Loans charged-off, net NetLoansChargedOff $654.00K USD 3 Qtrs
Transfer of loans receivable to other real estate owned TransferToOtherRealEstate $4.34M USD 3 Qtrs
Securities NoncashOrPartNoncashAcquisitionInvestmentsAcquired1 $6.76M USD 3 Qtrs
Federal Home Loan Bank of New York stock NoncashOrPartNoncashAcquisitionAdvancesToFederalHomeLoanBank $314.00K USD 3 Qtrs
Loans NonCashOrPartNonCashAcquisitionLoans $121.20M USD 3 Qtrs
Other real estate owned NoncashOrPartNoncashAcquisitionOtherRealEstateOwned $257.00K USD 3 Qtrs
Deferred tax asset NoncashOrPartNoncashAcquisitionDeferredTaxAsset $3.24M USD 3 Qtrs
Other assets NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1 $8.51M USD 3 Qtrs
Goodwill and other intangible assets, net NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1 $2.12M USD 3 Qtrs
Total non-cash assets acquired NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1 $142.40M USD 3 Qtrs
Deposits NoncashOrPartNoncashAcquisitionDepositsAssumed $123.35M USD 3 Qtrs
Federal Home Loan Bank advances NoncashOrPartNoncashAcquisitionFederalHomeLoanBankAdvances $6.80M USD 3 Qtrs
Other liabilities NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1 $309.00K USD 3 Qtrs
Total liabilities assumed NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1 $130.46M USD 3 Qtrs
Total consideration for acquisition NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1 $11.95M USD 3 Qtrs
Stockholders Equity 27 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $214.35M USD Point-in-time
Beginning Balance StockholdersEquity $234.69M USD Point-in-time
Beginning Balance StockholdersEquity $218.65M USD Point-in-time
Beginning Balance StockholdersEquity $218.26M USD Point-in-time
Net income NetIncomeLoss $14.99M USD 3 Qtrs
Net income NetIncomeLoss $5.17M USD 1 Quarter
Net income NetIncomeLoss $4.70M USD 1 Quarter
Net income NetIncomeLoss $15.09M USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $-570.00K USD 3 Qtrs
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $783.00K USD 3 Qtrs
Tax benefit of stock plans AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $13.00K USD 3 Qtrs
Tax benefit of stock plans AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation $57.00K USD 3 Qtrs
Stock awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $678.00K USD 3 Qtrs
Stock awards AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $985.00K USD 3 Qtrs
Issued 660,998 treasury shares to finance acquisition StockIssuedDuringPeriodValueTreasuryStockReissued $11.82M USD 3 Qtrs
Purchased 334,630 and 373,594 shares of common stock in 2014 and 2015 respectively TreasuryStockValueAcquiredCostMethod $5.56M USD 3 Qtrs
Purchased 334,630 and 373,594 shares of common stock in 2014 and 2015 respectively TreasuryStockValueAcquiredCostMethod $6.46M USD 3 Qtrs
Allocation of ESOP stock AmortizationOfESOPAward $440.00K USD 3 Qtrs
Allocation of ESOP stock AmortizationOfESOPAward $431.00K USD 3 Qtrs
Cash dividend $0.36 and $0.39 per share for 2014 and 2015 respectively DividendsCommonStockCash $6.07M USD 3 Qtrs
Cash dividend $0.36 and $0.39 per share for 2014 and 2015 respectively DividendsCommonStockCash $6.50M USD 3 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $250.00K USD 3 Qtrs
Exercise of stock options StockIssuedDuringPeriodValueStockOptionsExercised $349.00K USD 3 Qtrs
Ending Balance StockholdersEquity $214.35M USD Point-in-time
Ending Balance StockholdersEquity $234.69M USD Point-in-time
Ending Balance StockholdersEquity $218.65M USD Point-in-time
Ending Balance StockholdersEquity $218.26M USD Point-in-time
Comprehensive Income 28 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $14.99M USD 3 Qtrs
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $27.00K USD 1 Quarter
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $125.00K USD 3 Qtrs
Net income NetIncomeLoss $5.17M USD 1 Quarter
Net income NetIncomeLoss $4.70M USD 1 Quarter
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-386.00K USD 3 Qtrs
Net income NetIncomeLoss $15.09M USD 3 Qtrs
Unrealized gain (loss) on securities, tax expense (benefit) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax $-100.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $142.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $415.00K USD 3 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $375.00K USD 3 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity, tax expense OtherComprehensiveIncomeAccretionOfFairValueAdjustmentOnHeldToMaturitySecuritiesTax $152.00K USD 1 Quarter
Unrealized gain (loss) on securities (net of tax expense of $(27) and $(125) in 2015 and tax benefit of $100 and $386 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $40.00K USD 1 Quarter
Reclassification adjustment for gains included in net income, tax expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $241.00K USD 1 Quarter
Unrealized gain (loss) on securities (net of tax expense of $(27) and $(125) in 2015 and tax benefit of $100 and $386 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-558.00K USD 3 Qtrs
Reclassification adjustment for gains included in net income, tax expense OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax $383.00K USD 3 Qtrs
Unrealized gain (loss) on securities (net of tax expense of $(27) and $(125) in 2015 and tax benefit of $100 and $386 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-144.00K USD 1 Quarter
Unrealized gain (loss) on securities (net of tax expense of $(27) and $(125) in 2015 and tax benefit of $100 and $386 in 2014) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $181.00K USD 3 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $152 and $415 in 2015 and $142 and $375 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $542.00K USD 3 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $152 and $415 in 2015 and $142 and $375 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $206.00K USD 1 Quarter
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $152 and $415 in 2015 and $142 and $375 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $602.00K USD 3 Qtrs
Accretion of unrealized loss on securities reclassified to held-to-maturity (net of tax expense of $152 and $415 in 2015 and $142 and $375 in 2014, respectively) OtherComprehensiveIncomeAccretionOfNetUnrealizedLossesOnHeldToMaturitySecuritiesNetOfTax $221.00K USD 1 Quarter
Reclassification adjustment for gains included in net income (net of tax expense of $241 and $383 in 2014) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-554.00K USD 3 Qtrs
Reclassification adjustment for gains included in net income (net of tax expense of $241 and $383 in 2014) OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $-349.00K USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $4.96M USD 1 Quarter
Total comprehensive income ComprehensiveIncomeNetOfTax $14.42M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $15.88M USD 3 Qtrs
Total comprehensive income ComprehensiveIncomeNetOfTax $4.88M USD 1 Quarter

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

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