Financial Institutions, Inc(NASDAQ:FISI) 
Financial Institutions, Inc. operates as a holding company for the Five Star Bank that provides banking and financial services to individuals, municipalities, and businesses. The company offers checking and savings account programs, including money market accounts, certificates of deposit, sweep inv...
Website: http://www.five-starbank.com
Full Time Employees: 630
Sector: Financial Services
Industry: Banks-Regional
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2021-12-31 | 2018-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2007-12-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 |
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interest income: | |||||||||||||||||||||||||||||||
interest and fees on loans | 69,495,000 | 72,263,000 | 72,338,000 | 70,886,000 | 69,976,000 | 71,218,000 | 70,676,000 | 70,333,000 | 29,758,000 | 23,619,000 | 22,368,000 | 22,057,000 | 21,782,000 | 21,210,000 | 20,137,000 | 21,285,000 | 20,671,000 | 20,230,000 | 17,060,000 | 17,291,000 | |||||||||||
interest and dividends on investment securities | 11,785,000 | 11,893,000 | 11,740,000 | 11,571,000 | 6,837,000 | 6,086,000 | 6,401,000 | 6,095,000 | 5,641,000 | 5,741,000 | 5,877,000 | 5,578,000 | 5,705,000 | 5,797,000 | 4,860,000 | 4,699,000 | 4,458,000 | 4,653,000 | |||||||||||||
other interest income | 283,000 | 493,000 | 344,000 | 410,000 | 1,306,000 | 607,000 | 1,711,000 | 1,985,000 | 4,000 | 1,000 | 981,000 | 531,000 | |||||||||||||||||||
total interest income | 81,563,000 | 84,649,000 | 84,422,000 | 82,867,000 | 78,119,000 | 77,911,000 | 78,788,000 | 78,413,000 | 35,403,000 | 29,360,000 | 28,246,000 | 27,635,000 | 27,487,000 | 27,007,000 | 24,997,000 | 25,984,000 | 25,129,000 | 24,883,000 | 26,222,000 | 25,823,000 | 26,420,000 | 26,630,000 | 26,414,000 | ||||||||
interest expense: | |||||||||||||||||||||||||||||||
deposits | 27,232,000 | 29,980,000 | 30,376,000 | 31,803,000 | 34,894,000 | 34,803,000 | 35,073,000 | 35,238,000 | 3,456,000 | 2,192,000 | 2,086,000 | 1,959,000 | 1,942,000 | 1,917,000 | 1,620,000 | 1,637,000 | 1,627,000 | 1,577,000 | 10,612,000 | 9,491,000 | 9,121,000 | 8,221,000 | 8,564,000 | 7,712,000 | 7,420,000 | 6,559,000 | 5,892,000 | 6,205,000 | |||
short-term borrowings | 640,000 | 356,000 | 668,000 | 386,000 | 22,000 | 858,000 | 958,000 | 1,529,000 | 1,701,000 | 500,000 | 344,000 | 339,000 | 296,000 | 342,000 | 230,000 | 209,000 | 244,000 | 203,000 | -163,000 | 245,000 | 254,000 | 235,000 | 217,000 | 181,000 | 158,000 | 133,000 | 174,000 | ||||
long-term borrowings | 1,698,000 | 2,102,000 | 1,589,000 | 1,556,000 | 1,570,000 | 1,569,000 | 1,564,000 | 1,564,000 | 618,000 | 618,000 | 617,000 | 618,000 | 618,000 | 617,000 | 1,048,000 | 973,000 | 931,000 | 908,000 | 933,000 | 913,000 | 950,000 | 928,000 | 905,000 | ||||||||
total interest expense | 29,570,000 | 32,438,000 | 32,633,000 | 33,745,000 | 36,486,000 | 37,230,000 | 37,595,000 | 38,331,000 | 5,775,000 | 3,310,000 | 3,047,000 | 2,916,000 | 2,856,000 | 2,876,000 | 1,850,000 | 1,846,000 | 1,871,000 | 1,780,000 | 11,929,000 | 11,141,000 | 10,738,000 | 9,796,000 | 10,146,000 | 9,238,000 | 8,960,000 | 8,052,000 | 7,403,000 | 7,718,000 | |||
net interest income | 51,993,000 | 52,211,000 | 51,789,000 | 49,122,000 | 41,633,000 | 40,681,000 | 41,193,000 | 40,082,000 | 29,628,000 | 26,050,000 | 25,199,000 | 24,719,000 | 24,631,000 | 24,131,000 | 23,147,000 | 24,138,000 | 23,258,000 | 23,103,000 | 14,293,000 | 14,682,000 | 15,012,000 | 15,479,000 | 16,008,000 | 16,257,000 | 16,858,000 | 18,368,000 | 19,227,000 | 18,696,000 | |||
provision for credit losses | 2,239,000 | 2,562,000 | 6,461,000 | 3,104,000 | 2,041,000 | -5,456,000 | |||||||||||||||||||||||||
net interest income after provision for credit losses | 49,754,000 | 46,560,000 | 35,172,000 | 37,577,000 | 39,152,000 | 45,538,000 | |||||||||||||||||||||||||
noninterest income: | |||||||||||||||||||||||||||||||
service charges on deposits | 1,044,000 | 1,082,000 | 1,137,000 | 1,089,000 | 1,074,000 | 1,103,000 | 979,000 | 1,077,000 | 1,738,000 | 1,913,000 | 1,755,000 | 1,724,000 | 1,862,000 | 2,037,000 | 1,879,000 | 2,186,000 | 2,277,000 | 2,241,000 | 2,945,000 | 3,054,000 | 2,833,000 | 2,672,000 | 2,981,000 | 3,076,000 | 2,934,000 | 2,595,000 | 3,108,000 | 3,047,000 | |||
card interchange income | 1,892,000 | 2,011,000 | 2,006,000 | 1,937,000 | 2,045,000 | 1,900,000 | 2,008,000 | 1,902,000 | |||||||||||||||||||||||
investment advisory | 3,061,000 | 3,074,000 | 3,023,000 | 2,885,000 | 2,555,000 | 2,797,000 | 2,779,000 | 2,582,000 | 1,778,000 | 1,326,000 | 1,365,000 | 1,243,000 | 642,000 | 523,000 | 487,000 | 491,000 | 524,000 | 561,000 | |||||||||||||
company owned life insurance | 2,772,000 | 2,788,000 | 2,849,000 | 2,965,000 | 1,425,000 | 1,404,000 | 1,360,000 | 1,298,000 | 450,000 | 486,000 | 486,000 | 1,368,000 | 514,000 | 488,000 | 467,000 | 504,000 | 421,000 | 425,000 | |||||||||||||
investments in limited partnerships | 224,000 | 457,000 | 223,000 | 307,000 | 837,000 | 400,000 | 803,000 | 342,000 | 568,000 | 161,000 | 36,000 | 56,000 | 30,000 | 336,000 | 474,000 | 209,000 | 187,000 | 81,000 | |||||||||||||
loan servicing | 151,000 | 208,000 | 181,000 | 180,000 | 295,000 | 88,000 | 158,000 | 175,000 | 115,000 | 104,000 | 112,000 | 116,000 | 87,000 | 153,000 | 167,000 | 118,000 | 120,000 | 176,000 | |||||||||||||
income from derivative instruments | 239,000 | 1,110,000 | 847,000 | 339,000 | -37,000 | 212,000 | 377,000 | 174,000 | |||||||||||||||||||||||
net gain on sale of loans held for sale | 125,000 | 195,000 | 285,000 | 140,000 | 186,000 | 220,000 | 124,000 | 88,000 | 96,000 | 46,000 | 78,000 | 78,000 | 88,000 | 53,000 | 69,000 | 82,000 | 76,000 | 50,000 | |||||||||||||
net gain on sale of investment securities | 328,000 | ||||||||||||||||||||||||||||||
net loss on other assets | -481,000 | ||||||||||||||||||||||||||||||
net loss on tax credit investments | -452,000 | -636,000 | -170,000 | -375,000 | |||||||||||||||||||||||||||
other | 1,770,000 | 1,427,000 | 1,594,000 | 1,281,000 | 1,291,000 | 1,345,000 | 1,508,000 | 1,517,000 | 1,416,000 | 1,030,000 | 1,011,000 | 1,018,000 | 2,163,000 | 957,000 | 887,000 | 927,000 | 884,000 | 813,000 | 441,000 | 842,000 | 485,000 | 291,000 | 672,000 | 395,000 | 304,000 | 105,000 | 51,000 | 93,000 | |||
total noninterest income | 10,673,000 | 11,909,000 | 12,056,000 | 10,617,000 | -91,036,000 | 9,440,000 | 24,014,000 | 10,901,000 | 8,984,000 | 8,539,000 | 8,916,000 | 9,217,000 | 8,580,000 | 7,005,000 | 8,297,000 | 5,155,000 | 7,261,000 | 6,577,000 | 4,795,000 | 6,979,000 | 5,181,000 | 4,956,000 | 4,937,000 | 14,749,000 | 4,791,000 | 5,709,000 | 6,360,000 | 7,264,000 | |||
noninterest expense: | |||||||||||||||||||||||||||||||
salaries and employee benefits | 18,601,000 | 19,323,000 | 18,522,000 | 18,070,000 | 17,159,000 | 15,879,000 | 15,748,000 | 17,340,000 | 13,429,000 | 11,325,000 | 10,818,000 | 11,614,000 | 11,332,000 | 10,278,000 | 10,223,000 | 10,551,000 | 9,725,000 | 9,063,000 | 8,269,000 | 8,510,000 | 8,064,000 | 8,758,000 | 7,882,000 | 8,808,000 | 9,278,000 | 9,434,000 | 9,220,000 | 9,068,000 | |||
occupancy and equipment | 3,865,000 | 4,104,000 | 3,814,000 | 3,982,000 | 3,791,000 | 3,370,000 | 3,448,000 | 3,752,000 | 4,407,000 | 3,617,000 | 3,664,000 | 3,625,000 | 3,365,000 | 3,417,000 | 3,699,000 | 3,324,000 | 3,131,000 | 3,139,000 | 2,382,000 | 2,293,000 | 2,428,000 | 2,362,000 | 2,268,000 | 2,252,000 | 2,290,000 | 2,314,000 | 2,183,000 | 2,184,000 | |||
professional services | 1,350,000 | 1,686,000 | 1,688,000 | 1,451,000 | 1,571,000 | 1,965,000 | 1,794,000 | 2,372,000 | 883,000 | 956,000 | 2,833,000 | 1,447,000 | 1,604,000 | 1,064,000 | 968,000 | 1,428,000 | 976,000 | 1,384,000 | |||||||||||||
computer and data processing | 6,211,000 | 5,934,000 | 5,789,000 | 5,879,000 | 6,608,000 | 5,353,000 | 5,342,000 | 5,386,000 | 1,235,000 | 832,000 | 913,000 | 804,000 | 895,000 | 779,000 | 702,000 | 791,000 | 725,000 | 777,000 | 591,000 | 469,000 | |||||||||||
fdic assessments | 986,000 | 984,000 | 1,227,000 | 1,392,000 | 1,551,000 | 1,092,000 | 1,346,000 | 1,295,000 | 508,000 | 406,000 | 441,000 | 436,000 | 442,000 | 444,000 | 418,000 | 392,000 | 390,000 | 388,000 | |||||||||||||
advertising and promotions | 524,000 | 482,000 | 491,000 | 495,000 | 465,000 | 371,000 | 440,000 | 297,000 | 977,000 | 214,000 | 347,000 | 377,000 | 331,000 | 312,000 | 239,000 | 196,000 | 216,000 | 214,000 | |||||||||||||
amortization of intangibles | 98,000 | 100,000 | 103,000 | 105,000 | 109,000 | 112,000 | 114,000 | 217,000 | 288,000 | ||||||||||||||||||||||
deposit-related charged-off items (recoveries) expense | 109,000 | ||||||||||||||||||||||||||||||
total noninterest expense | 35,595,000 | 36,719,000 | 35,875,000 | 35,682,000 | 59,404,000 | 32,469,000 | 33,020,000 | 54,013,000 | 24,107,000 | 20,618,000 | 22,120,000 | 21,218,000 | 21,828,000 | 19,318,000 | 19,011,000 | 19,379,000 | 17,955,000 | 17,808,000 | 15,163,000 | 14,593,000 | 14,581,000 | 15,275,000 | 16,170,000 | 16,312,000 | 16,592,000 | 17,351,000 | 16,359,000 | 15,664,000 | |||
income before income taxes | 24,832,000 | 23,997,000 | 25,238,000 | 21,495,000 | -115,268,000 | 14,548,000 | 30,146,000 | 2,426,000 | 11,556,000 | 12,010,000 | 10,043,000 | 10,350,000 | 8,785,000 | 11,064,000 | 9,692,000 | 8,004,000 | 10,549,000 | 10,114,000 | 3,034,000 | 7,081,000 | 7,780,000 | ||||||||||
income tax expense | 3,847,000 | 4,017,000 | 4,761,000 | 3,963,000 | -32,457,000 | 1,082,000 | 4,517,000 | 356,000 | 2,268,000 | 3,541,000 | 2,892,000 | 2,732,000 | 2,150,000 | 2,748,000 | 2,891,000 | 84,000 | 3,365,000 | 3,082,000 | 745,000 | 1,964,000 | |||||||||||
net income | 20,985,000 | 19,980,000 | 20,477,000 | 17,532,000 | -82,811,000 | 13,466,000 | 25,629,000 | 2,070,000 | 9,288,000 | 8,469,000 | 7,151,000 | 7,618,000 | 6,635,000 | 8,316,000 | 6,801,000 | 7,920,000 | 7,184,000 | 7,032,000 | 3,004,000 | 5,245,000 | 5,374,000 | 3,739,000 | 2,871,000 | 8,971,000 | -11,965,000 | 2,289,000 | 5,117,000 | 5,560,000 | |||
yoy | -125.34% | 48.37% | -20.10% | 746.96% | 175.94% | -75.56% | 39.98% | 1.84% | 5.15% | -3.81% | -7.64% | 18.26% | 163.65% | 36.97% | 30.85% | 4.63% | -41.53% | -144.91% | 63.35% | -43.89% | 61.35% | ||||||||||
qoq | 5.03% | -2.43% | 16.80% | -121.17% | -714.96% | -47.46% | 1138.12% | 9.67% | 18.43% | -6.13% | 14.82% | -20.21% | 22.28% | -14.13% | 10.24% | 2.16% | -42.73% | -2.40% | 43.73% | 30.23% | -68.00% | -174.98% | -622.72% | -55.27% | -7.97% | ||||||
preferred stock dividends | 364,000 | 364,000 | 365,000 | 364,000 | 365,000 | 365,000 | 364,000 | 365,000 | 365,000 | 366,000 | 366,000 | 365,000 | 365,000 | 366,000 | 365,000 | 365,000 | 366,000 | 365,000 | |||||||||||||
net income available to common shareholders | 20,621,000 | 19,616,000 | 20,112,000 | 17,168,000 | -83,176,000 | 13,101,000 | 25,265,000 | 1,705,000 | 8,923,000 | 8,103,000 | 6,785,000 | 7,253,000 | 6,270,000 | 7,950,000 | 6,436,000 | 7,555,000 | 6,818,000 | 6,667,000 | |||||||||||||
earnings per common share | |||||||||||||||||||||||||||||||
basic | 1,050 | 970 | 1,000 | 850 | -5,350 | 850 | 1,640 | 110 | 560 | 560 | 470 | 500 | 450 | 560 | 460 | 540 | 490 | 480 | 170 | 420 | 460 | ||||||||||
diluted | 1,040 | 960 | 990 | 850 | -5,320 | 840 | 1,620 | 110 | 560 | 560 | 470 | 500 | 440 | 560 | 460 | 540 | 490 | 480 | 170 | 420 | 460 | ||||||||||
cash dividends declared per common share | 320 | 310 | 310 | 310 | 300 | 300 | 300 | 300 | 240 | 200 | 200 | 200 | 200 | 200 | 200 | 200 | 190 | 190 | |||||||||||||
benefit for credit losses | 2,055,500 | 2,732,000 | |||||||||||||||||||||||||||||
net interest income after benefit from credit losses | 34,888,250 | 49,057,000 | |||||||||||||||||||||||||||||
insurance income | 3,000 | 2,000 | 3,000 | 3,000 | 3,000 | 4,000 | 2,134,000 | 1,399,000 | 1,407,000 | 1,183,000 | 1,672,000 | 1,236,000 | 1,265,000 | 1,608,000 | 1,420,000 | 922,000 | |||||||||||||||
net gain on sale or call of securities | 176,500 | 703,000 | 3,000 | ||||||||||||||||||||||||||||
net gain on sale and disposal of other assets | -70,250 | -281,000 | |||||||||||||||||||||||||||||
net income on tax credit investments | -384,750 | -513,000 | |||||||||||||||||||||||||||||
supplies and postage | 458,000 | 559,000 | 503,000 | 504,000 | 519,000 | 437,000 | 475,000 | 512,000 | 490,000 | 464,000 | 594,000 | 544,000 | 540,000 | 563,000 | 499,000 | 507,000 | 535,000 | 493,000 | 442,000 | 451,000 | 559,000 | 510,000 | 530,000 | 576,000 | 585,000 | 617,000 | 576,000 | ||||
restructuring charges | 17,000 | ||||||||||||||||||||||||||||||
deposit-related charged-off items expense | 20,750 | 144,000 | 233,000 | ||||||||||||||||||||||||||||
net gain on sale of other assets | |||||||||||||||||||||||||||||||
net gain on tax credit investments | -512,000 | 406,000 | |||||||||||||||||||||||||||||
net gain on other assets | -19,000 | 138,000 | 13,508,000 | -13,000 | 3,000 | 199,000 | |||||||||||||||||||||||||
restructuring recoveries | |||||||||||||||||||||||||||||||
deposit-related charged-off items | 354,000 | 410,000 | 398,000 | 19,179,000 | |||||||||||||||||||||||||||
benefit from loan losses | 2,949,000 | 1,961,000 | 2,368,000 | 2,598,000 | 754,000 | 2,741,000 | 1,910,000 | 2,015,000 | 1,758,000 | 250,000 | 1,422,000 | 1,529,000 | 21,889,000 | 3,692,000 | 2,147,000 | 2,516,000 | |||||||||||||||
net interest income after benefit from loan losses | 26,679,000 | 24,089,000 | 22,351,000 | 22,033,000 | 23,377,000 | 20,406,000 | 22,228,000 | 21,243,000 | 21,345,000 | 16,613,000 | 15,229,000 | 14,586,000 | 14,728,000 | -5,031,000 | 14,676,000 | 17,080,000 | 16,180,000 | ||||||||||||||
atm and debit card | 1,421,000 | 1,441,000 | 1,421,000 | 1,325,000 | 1,311,000 | 1,297,000 | 1,193,000 | 1,269,000 | 1,263,000 | 1,257,000 | |||||||||||||||||||||
net gain on investment securities | 426,000 | ||||||||||||||||||||||||||||||
weighted-average common shares outstanding: | |||||||||||||||||||||||||||||||
basic | 20,099,000 | 15,683,000 | 15,841,000 | 15,890,000 | 14,456,000 | 14,434,000 | 14,395,000 | 14,081,000 | 14,087,000 | 14,063,000 | 13,893,000 | 13,953,000 | 13,791,000 | ||||||||||||||||||
diluted | 20,318,000 | 15,683,000 | 15,937,000 | 15,941,000 | 14,500,000 | 14,489,000 | 14,465,000 | 14,135,000 | 14,139,000 | 14,113,000 | 13,946,000 | 14,007,000 | 13,838,000 | ||||||||||||||||||
amortization of tax credit investment | -390,000 | ||||||||||||||||||||||||||||||
provision for loan losses | 1,952,000 | ||||||||||||||||||||||||||||||
net interest income after provision for loan losses | 23,247,000 | ||||||||||||||||||||||||||||||
net gain on disposal of investment securities | 1,387,000 | 613,000 | 640,000 | 286,000 | 1,062,000 | 264,000 | 515,000 | 949,000 | |||||||||||||||||||||||
net gain on disposal of other assets | 82,000 | 4,000 | 5,000 | 4,000 | 15,250 | 72,000 | 24,000 | ||||||||||||||||||||||||
interest and dividends on securities | 8,181,000 | 8,001,000 | |||||||||||||||||||||||||||||
junior subordinated debentures issued to unconsolidated subsidiary trust | 324,000 | 432,000 | 432,000 | 432,000 | 324,000 | 432,000 | 432,000 | 432,000 | 432,000 | 432,000 | |||||||||||||||||||||
(credit) benefit from loan losses | -491,000 | -1,601,000 | |||||||||||||||||||||||||||||
net interest income after (credit) benefit from loan losses | 14,293,000 | 15,173,000 | |||||||||||||||||||||||||||||
atm and debit card income | 411,250 | 558,000 | 553,000 | ||||||||||||||||||||||||||||
financial services group fees and commissions | 331,000 | 491,000 | 443,000 | 625,000 | 628,000 | 678,000 | 642,000 | 1,537,000 | 1,423,000 | 1,545,000 | |||||||||||||||||||||
mortgage banking revenues | 296,000 | 284,000 | 306,000 | 308,000 | 312,000 | 384,000 | 387,000 | 477,000 | 417,000 | 601,000 | |||||||||||||||||||||
income from corporate owned life insurance | 55,000 | 14,000 | 432,000 | ||||||||||||||||||||||||||||
net gain on sale of securities | |||||||||||||||||||||||||||||||
net gain on sale of student loans held for sale | 66,000 | 427,000 | 30,000 | ||||||||||||||||||||||||||||
net gain on sale of commercial-related loans held for sale | |||||||||||||||||||||||||||||||
net gain on sale of premises and equipment | -5,000 | -12,000 | 3,000 | ||||||||||||||||||||||||||||
net gain on sale of other real estate and repossessed assets | 27,000 | -44,000 | 20,000 | ||||||||||||||||||||||||||||
gain on sale of trust relationships | 341,250 | 1,365,000 | |||||||||||||||||||||||||||||
amortization of intangible assets | 80,750 | 108,000 | 107,000 | 108,000 | 80,750 | 108,000 | 107,000 | 133,000 | 132,000 | 244,000 | |||||||||||||||||||||
professional fees | 522,500 | 660,000 | 807,000 | 623,000 | 1,214,000 | 1,344,000 | 1,180,000 | 1,039,000 | 976,000 | 608,000 | |||||||||||||||||||||
income from continuing operations before income taxes | 3,925,000 | 7,559,000 | 7,213,000 | 4,910,000 | 3,353,000 | 13,165,000 | -16,832,000 | ||||||||||||||||||||||||
income tax benefit from continuing operations | 921,000 | 2,314,000 | 1,839,000 | -569,500 | 4,205,000 | -7,264,000 | |||||||||||||||||||||||||
income from continuing operations | 3,004,000 | 5,245,000 | 5,374,000 | 3,739,000 | 2,841,000 | 8,960,000 | -9,568,000 | ||||||||||||||||||||||||
discontinued operation | |||||||||||||||||||||||||||||||
income from operation of discontinued subsidiary | -85,000 | -84,000 | |||||||||||||||||||||||||||||
gain on sale of discontinued subsidiary | -278,000 | 88,000 | |||||||||||||||||||||||||||||
income tax (benefit) expense | |||||||||||||||||||||||||||||||
income from discontinued operation | |||||||||||||||||||||||||||||||
earnings per common share | |||||||||||||||||||||||||||||||
basic: | |||||||||||||||||||||||||||||||
diluted: | |||||||||||||||||||||||||||||||
interest and dividend income: | |||||||||||||||||||||||||||||||
loans | 17,021,000 | 16,632,000 | 17,039,000 | 17,402,000 | 18,130,000 | 19,078,000 | 19,442,000 | 19,324,000 | |||||||||||||||||||||||
securities | 8,244,000 | 8,352,000 | 8,443,000 | 7,698,000 | 7,384,000 | 7,237,000 | 7,137,000 | 6,997,000 | |||||||||||||||||||||||
total interest and dividend income | 25,750,000 | 25,275,000 | 19,433,250 | 25,495,000 | 25,818,000 | ||||||||||||||||||||||||||
computer and data processing expense | 438,000 | 405,000 | 339,750 | 412,000 | 513,000 | 476,000 | 556,000 | 395,000 | |||||||||||||||||||||||
benefit from loss on sale of discontinued subsidiary | |||||||||||||||||||||||||||||||
loss on discontinued operation | -2,397,000 | ||||||||||||||||||||||||||||||
net gain on sale of commercial-related loans | 82,000 | ||||||||||||||||||||||||||||||
income taxes from continuing operations | 1,171,000 | ||||||||||||||||||||||||||||||
income tax benefit | 11,000 | -7,000 | 1,073,000 | ||||||||||||||||||||||||||||
gain on securities transactions | 3,500 | 14,000 | 14,000 | 24,000 | |||||||||||||||||||||||||||
gain on sale of credit card portfolio | 1,177,000 | ||||||||||||||||||||||||||||||
net gain on sale of commercial related loans | 157,000 | 9,212,000 | |||||||||||||||||||||||||||||
gain on discontinued operation | -620,500 | 11,000 | |||||||||||||||||||||||||||||
income from operation of discontinued operation | -124,000 | ||||||||||||||||||||||||||||||
benefit from loss on sale of discontinued operation | -1,200,000 | ||||||||||||||||||||||||||||||
guaranteed preferred beneficial interests in company’s junior subordinated debentures | |||||||||||||||||||||||||||||||
borrowings | 1,081,000 | ||||||||||||||||||||||||||||||
income taxes | 2,220,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2019-03-31 | 2018-06-30 | 2018-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||
cash and due from banks | 56,285,000 | 89,005,000 | 72,190,000 | 249,569,000 | 146,347,000 | 237,038,000 | 124,442,000 | 79,786,000 | 89,094,000 | 122,914,000 | 110,721,000 | 67,624,000 | 110,944,000 | 60,121,000 | 58,151,000 | 87,582,000 | 64,738,000 | 45,990,000 | 94,441,000 | 38,964,000 | 73,354,000 | 43,326,000 | 38,081,000 | 42,874,000 | 48,073,000 | 34,528,000 | 54,105,000 | 60,640,000 | 49,460,000 | 45,165,000 | 55,736,000 | 44,309,000 | 40,647,000 | 47,166,000 | |||||||||||||
interest-bearing deposits in other banks | 29,166,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total cash and cash equivalents | 85,451,000 | 185,945,000 | 93,034,000 | 58,151,000 | 87,582,000 | 64,832,000 | 46,084,000 | 94,535,000 | 39,058,000 | 73,448,000 | 43,419,000 | 71,874,000 | 42,959,000 | 122,689,000 | 55,187,000 | 76,704,000 | 63,049,000 | ||||||||||||||||||||||||||||||
securities available for sale, at fair value | 1,003,697,000 | 923,592,000 | 916,149,000 | 886,816,000 | 871,635,000 | 923,761,000 | 887,730,000 | 427,545,000 | 492,228,000 | 510,197,000 | 559,495,000 | 619,719,000 | 610,013,000 | 544,395,000 | 577,509,000 | 639,275,000 | 622,494,000 | 585,479,000 | 601,903,000 | 706,958,000 | 692,812,000 | 666,368,000 | 687,955,000 | 651,533,000 | 648,667,000 | 580,501,000 | 553,710,000 | 547,506,000 | 607,357,000 | 669,752,000 | 688,504,000 | 695,241,000 | 742,716,000 | 759,855,000 | 761,252,000 | 735,148,000 | 737,776,000 | 740,349,000 | 772,193,000 | 790,855,000 | 821,399,000 | 732,942,000 | 729,848,000 | 727,198,000 | 721,213,000 | 684,734,000 | 665,262,000 |
securities held to maturity, at amortized cost | 82,074,000 | 87,625,000 | 92,119,000 | 121,279,000 | 128,271,000 | 143,714,000 | 148,156,000 | 438,984,000 | 474,803,000 | 501,905,000 | 528,708,000 | 478,549,000 | 476,283,000 | 485,717,000 | 490,638,000 | 306,255,000 | 294,438,000 | 285,967,000 | 262,057,000 | 24,091,000 | 25,284,000 | 28,162,000 | 31,669,000 | 27,404,000 | 34,556,000 | 39,573,000 | 60,675,000 | 58,532,000 | 64,434,000 | 56,508,000 | 57,631,000 | 56,885,000 | 51,872,000 | 44,848,000 | |||||||||||||
loans held for sale | 1,034,000 | 2,252,000 | 2,356,000 | 2,495,000 | 2,099,000 | 504,000 | 1,370,000 | 2,069,000 | 2,014,000 | 1,523,000 | 844,000 | 209,000 | 609,000 | 1,430,000 | 1,568,000 | 656,000 | 755,000 | 1,029,000 | 201,000 | 14,511,000 | 1,666,000 | 3,138,000 | 421,000 | 2,290,000 | 1,013,000 | 1,008,000 | 926,000 | 1,099,000 | 906,000 | 107,000 | 1,432,000 | 1,078,000 | 992,000 | 721,000 | 523,000 | 835,000 | 1,253,000 | 3,031,000 | 133,980,000 | 1,533,000 | 2,648,000 | ||||||
loans | 4,582,926,000 | 4,543,131,000 | 4,488,711,000 | 4,358,311,000 | 4,417,516,000 | 4,398,971,000 | 4,411,057,000 | 3,075,852,000 | 2,866,257,000 | 2,757,670,000 | 2,254,644,000 | 2,183,306,000 | 2,087,466,000 | 2,056,677,000 | 2,009,781,000 | 1,895,763,000 | 1,884,365,000 | 1,880,601,000 | 1,869,498,000 | 1,347,420,000 | 1,332,400,000 | 1,325,524,000 | 1,326,381,000 | 1,291,583,000 | 1,268,181,000 | 1,264,006,000 | 1,157,944,000 | 1,121,079,000 | 1,078,123,000 | 1,010,749,000 | 972,444,000 | 964,173,000 | 949,671,000 | 940,870,000 | 929,250,000 | 926,482,000 | 923,330,000 | 934,899,000 | 945,278,000 | 972,090,000 | 992,018,000 | 1,010,023,000 | 1,183,681,000 | 1,213,219,000 | 1,236,228,000 | 1,270,917,000 | 1,281,616,000 |
company owned life insurance | 179,159,000 | 173,599,000 | 171,569,000 | 165,424,000 | 164,033,000 | 162,685,000 | 161,363,000 | 67,550,000 | 66,188,000 | 65,745,000 | 62,942,000 | 62,456,000 | 61,962,000 | 63,045,000 | 62,486,000 | 61,478,000 | 61,004,000 | 55,454,000 | 50,033,000 | 26,632,000 | 26,326,000 | 26,053,000 | 25,722,000 | 25,451,000 | 25,143,000 | 24,867,000 | 23,959,000 | 23,692,000 | 23,352,000 | ||||||||||||||||||
premises and equipment | 38,417,000 | 39,198,000 | 39,726,000 | 40,788,000 | 39,520,000 | 39,798,000 | 39,902,000 | 42,092,000 | 43,681,000 | 44,268,000 | 40,178,000 | 40,562,000 | 40,771,000 | 39,445,000 | 38,032,000 | 36,335,000 | 36,394,000 | 36,602,000 | 35,925,000 | 32,940,000 | 32,617,000 | 33,263,000 | 33,516,000 | 34,127,000 | 34,330,000 | 34,783,000 | 36,112,000 | 36,712,000 | 35,411,000 | 33,893,000 | 33,611,000 | 34,157,000 | 34,690,000 | 34,720,000 | 34,341,000 | 34,562,000 | 34,472,000 | 35,058,000 | 35,884,000 | 36,471,000 | 36,774,000 | 36,932,000 | 37,438,000 | 36,473,000 | 34,726,000 | 34,262,000 | 34,438,000 |
goodwill | 58,121,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 37,369,000 | 41,371,000 | 41,371,000 | 40,946,000 | 40,946,000 | 40,621,000 | ||||||||||||||||||
other intangible assets | 2,124,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other assets | 261,780,000 | 272,267,000 | 279,556,000 | 270,768,000 | 301,372,000 | 319,840,000 | 314,357,000 | 92,813,000 | 77,862,000 | 73,795,000 | 53,890,000 | 56,912,000 | 51,957,000 | 63,248,000 | 58,335,000 | 52,947,000 | 63,281,000 | 53,703,000 | 58,989,000 | 46,939,000 | 52,107,000 | 55,372,000 | 53,203,000 | 53,870,000 | 56,521,000 | 58,651,000 | 55,338,000 | 54,578,000 | 39,481,000 | 39,240,000 | 34,544,000 | 35,399,000 | 38,737,000 | 38,467,000 | 38,445,000 | 39,887,000 | 43,401,000 | 46,535,000 | 53,524,000 | 49,821,000 | 54,069,000 | 59,376,000 | 52,971,000 | 50,018,000 | 45,819,000 | 53,057,000 | 43,481,000 |
total assets | 6,294,783,000 | 6,288,052,000 | 6,143,766,000 | 6,156,317,000 | 6,131,772,000 | 6,298,598,000 | 6,160,881,000 | 4,302,541,000 | 4,191,315,000 | 4,152,432,000 | 3,687,365,000 | 3,585,589,000 | 3,516,572,000 | 3,381,024,000 | 3,357,608,000 | 3,197,077,000 | 3,089,521,000 | 3,055,304,000 | 2,993,264,000 | 2,282,944,000 | 2,295,116,000 | 2,214,307,000 | 2,249,531,000 | 2,142,931,000 | 2,156,055,000 | 2,062,389,000 | 2,030,429,000 | 1,916,919,000 | 1,945,819,000 | 1,895,448,000 | 1,912,652,000 | 1,857,876,000 | 1,902,985,000 | 1,898,092,000 | 1,962,748,000 | 1,907,552,000 | 1,952,129,000 | 1,923,819,000 | 1,980,831,000 | 2,022,392,000 | 2,094,971,000 | 2,109,003,000 | 2,196,276,000 | 2,156,329,000 | 2,208,020,000 | 2,178,778,000 | 2,223,361,000 |
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||
deposits: | |||||||||||||||||||||||||||||||||||||||||||||||
noninterest-bearing demand | 953,397,000 | 959,404,000 | 940,341,000 | 978,660,000 | 939,346,000 | 972,801,000 | 1,010,614,000 | 732,631,000 | 719,084,000 | 702,900,000 | 657,624,000 | 626,240,000 | 617,394,000 | 641,972,000 | 623,296,000 | 559,646,000 | 571,260,000 | 571,549,000 | 551,229,000 | 358,574,000 | 354,312,000 | 350,877,000 | 345,257,000 | 328,937,000 | 308,822,000 | 324,303,000 | 279,284,000 | 292,586,000 | 293,027,000 | 288,258,000 | 268,419,000 | 286,362,000 | 284,252,000 | 263,801,000 | 260,068,000 | 273,783,000 | |||||||||||
interest-bearing demand | 744,690,000 | 776,445,000 | 704,871,000 | 793,996,000 | 711,580,000 | 798,831,000 | 713,158,000 | 707,430,000 | 658,107,000 | 717,567,000 | 629,413,000 | 560,284,000 | 622,443,000 | 523,366,000 | 563,731,000 | 611,104,000 | 490,190,000 | 530,783,000 | 507,083,000 | 376,306,000 | 424,897,000 | 374,900,000 | 398,682,000 | 370,584,000 | 409,094,000 | 363,698,000 | 392,353,000 | 344,616,000 | 376,098,000 | ||||||||||||||||||
savings and money market | 1,984,048,000 | 1,955,832,000 | 1,898,302,000 | 2,027,181,000 | 2,007,256,000 | 2,064,539,000 | 2,084,444,000 | 1,016,666,000 | 1,012,972,000 | 1,052,270,000 | 1,052,224,000 | 960,325,000 | 1,042,910,000 | 928,175,000 | 942,673,000 | 922,093,000 | 795,835,000 | 805,522,000 | 766,594,000 | 438,173,000 | 464,076,000 | 417,359,000 | 439,615,000 | 399,972,000 | 426,330,000 | 368,603,000 | 396,644,000 | 348,594,000 | 383,456,000 | ||||||||||||||||||
time deposits | 1,655,746,000 | 1,666,128,000 | 1,612,500,000 | 1,506,764,000 | 1,475,139,000 | 1,560,586,000 | 1,404,696,000 | 1,052,110,000 | 872,004,000 | 907,272,000 | 724,096,000 | 711,156,000 | 677,430,000 | 637,018,000 | |||||||||||||||||||||||||||||||||
total deposits | 5,337,881,000 | 5,357,809,000 | 5,156,014,000 | 5,306,601,000 | 5,133,321,000 | 5,396,757,000 | 5,212,912,000 | 3,508,837,000 | 3,262,167,000 | 3,380,009,000 | 3,063,357,000 | 2,858,005,000 | 2,960,177,000 | 2,730,531,000 | 2,753,500,000 | 2,704,695,000 | 2,450,527,000 | 2,538,824,000 | 2,450,078,000 | 1,872,239,000 | 1,969,581,000 | 1,882,890,000 | 1,946,397,000 | 1,821,945,000 | 1,849,874,000 | 1,742,955,000 | 1,737,280,000 | 1,633,263,000 | 1,660,414,000 | 1,595,755,000 | 1,627,972,000 | 1,575,971,000 | 1,616,262,000 | 1,617,049,000 | 1,671,762,000 | 1,617,695,000 | 1,639,619,000 | 1,617,057,000 | 1,678,158,000 | 1,717,261,000 | 1,781,065,000 | 1,785,102,000 | 1,869,909,000 | 1,818,949,000 | 1,862,330,000 | 1,849,375,000 | 1,872,217,000 |
short-term borrowings | 114,000,000 | 55,000,000 | 101,000,000 | 55,000,000 | 202,000,000 | 133,000,000 | 185,000,000 | 287,300,000 | 472,800,000 | 327,600,000 | 230,200,000 | 338,300,000 | 179,200,000 | 293,100,000 | 241,400,000 | 175,573,000 | 334,804,000 | 215,967,000 | 254,683,000 | 132,395,000 | 42,060,000 | 77,110,000 | 39,968,000 | 46,886,000 | 36,608,000 | 59,543,000 | 31,884,000 | 23,465,000 | 47,209,000 | 51,977,000 | 27,835,000 | 25,643,000 | 33,374,000 | 22,521,000 | 24,860,000 | 32,310,000 | 40,549,000 | 36,828,000 | 34,236,000 | 35,106,000 | 36,487,000 | 64,547,000 | 34,985,000 | 35,554,000 | 38,861,000 | 32,969,000 | 46,436,000 |
long-term borrowings, net of issuance costs of 1,379 and 1,347, respectively | 78,621,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 132,611,000 | 138,523,000 | 170,124,000 | 169,609,000 | 204,097,000 | 198,497,000 | 183,641,000 | 58,931,000 | 30,244,000 | 25,372,000 | 28,494,000 | 28,083,000 | 24,234,000 | 24,559,000 | 28,302,000 | 30,120,000 | 24,658,000 | 22,755,000 | 18,676,000 | 17,875,000 | 33,950,000 | 15,396,000 | 20,209,000 | 15,633,000 | 19,124,000 | 14,750,000 | 22,712,000 | 22,536,000 | 17,951,000 | 21,230,000 | 16,980,000 | 18,373,000 | 19,178,000 | 21,895,000 | 26,721,000 | 20,270,000 | |||||||||||
total liabilities | 5,663,113,000 | 5,666,332,000 | 5,542,098,000 | 5,655,975,000 | 5,664,105,000 | 5,852,864,000 | 5,706,085,000 | 3,894,288,000 | 3,804,378,000 | 3,772,130,000 | 3,361,094,000 | 3,263,413,000 | 3,202,619,000 | 3,087,180,000 | 3,062,174,000 | 2,910,388,000 | 2,809,989,000 | 2,777,546,000 | 2,723,437,000 | 2,049,211,000 | 2,072,293,000 | 2,002,163,000 | 2,033,342,000 | 1,931,232,000 | 1,952,452,000 | 1,864,095,000 | 1,838,753,000 | 1,726,619,000 | 1,793,049,000 | 1,706,450,000 | 1,715,288,000 | 1,662,554,000 | 1,714,661,000 | 1,715,326,000 | 1,778,218,000 | 1,725,164,000 | 1,770,131,000 | 1,751,143,000 | 1,809,837,000 | 1,850,635,000 | 1,921,326,000 | 1,939,597,000 | 2,017,901,000 | 1,972,042,000 | 2,019,991,000 | 2,002,015,000 | 2,036,868,000 |
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized; 1,435 shares issued | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | 143,000 | |||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value; 200,000 shares authorized; 171,413 shares issued | 17,142,000 | 17,142,000 | 17,142,000 | ||||||||||||||||||||||||||||||||||||||||||||
total preferred equity | 17,285,000 | 17,285,000 | 17,285,000 | 17,292,000 | 17,292,000 | 17,292,000 | 17,292,000 | 17,328,000 | 17,329,000 | 17,329,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,340,000 | 17,479,000 | 17,575,000 | 53,785,000 | 53,692,000 | 53,599,000 | 53,508,000 | 53,418,000 | 53,157,000 | 53,074,000 | |||||||||||||||||||
common stock, 0.01 par value... | 207,000 | 207,000 | 207,000 | 161,000 | 161,000 | 161,000 | 161,000 | 161,000 | 161,000 | 161,000 | 147,000 | 147,000 | 147,000 | 144,000 | 144,000 | 144,000 | 144,000 | 144,000 | 142,000 | 142,000 | 142,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 | 113,000 |
additional paid-in capital | 232,776,000 | 233,629,000 | 232,968,000 | 125,112,000 | 124,704,000 | 124,627,000 | 125,841,000 | 122,524,000 | 122,144,000 | 121,805,000 | 81,459,000 | 81,255,000 | 81,010,000 | 72,690,000 | 72,427,000 | 72,191,000 | 72,955,000 | 72,803,000 | 67,223,000 | 66,724,000 | 68,605,000 | 26,029,000 | 25,837,000 | 25,433,000 | 25,308,000 | 26,940,000 | 26,472,000 | 26,397,000 | 24,298,000 | 24,320,000 | 24,105,000 | 24,778,000 | 24,626,000 | 24,631,000 | 24,554,000 | 24,439,000 | 24,314,000 | 23,748,000 | 23,459,000 | 23,278,000 | 23,269,000 | 23,239,000 | 22,188,000 | 22,185,000 | 21,476,000 | 21,458,000 | 21,123,000 |
retained earnings | 451,479,000 | 423,762,000 | 409,888,000 | 477,861,000 | 469,399,000 | 448,772,000 | 451,687,000 | 289,111,000 | 270,171,000 | 262,185,000 | 232,396,000 | 227,184,000 | 223,290,000 | 218,920,000 | 215,470,000 | 206,935,000 | 203,312,000 | 198,569,000 | 194,418,000 | 150,971,000 | 147,261,000 | 144,599,000 | 141,518,000 | 137,871,000 | 134,688,000 | 131,371,000 | 125,922,000 | 124,952,000 | 129,534,000 | 159,946,000 | 160,328,000 | 158,744,000 | 156,451,000 | 152,900,000 | 150,865,000 | 148,730,000 | 147,092,000 | 143,482,000 | 139,386,000 | 136,925,000 | 135,332,000 | 127,639,000 | 140,882,000 | 140,766,000 | 143,770,000 | 140,818,000 | 137,423,000 |
accumulated other comprehensive loss | -39,327,000 | -36,758,000 | -42,214,000 | -102,029,000 | -125,774,000 | -126,264,000 | -119,941,000 | -18,554,000 | -20,296,000 | -18,163,000 | -1,961,000 | -654,000 | -4,105,000 | -11,327,000 | -6,052,000 | -5,615,000 | -3,879,000 | -4,722,000 | -2,029,000 | -3,702,000 | -3,868,000 | -5,186,000 | -8,701,000 | -7,026,000 | -8,404,000 | -7,144,000 | -12,154,000 | -9,374,000 | |||||||||||||||||||
treasury stock | -30,750,000 | -16,405,000 | -16,466,000 | -18,055,000 | -18,115,000 | -18,854,000 | -20,244,000 | -2,317,000 | -2,572,000 | -3,015,000 | -3,110,000 | -3,096,000 | -3,729,000 | -3,923,000 | -3,895,000 | -4,306,000 | -5,208,000 | -5,652,000 | -5,576,000 | -6,645,000 | -6,881,000 | -7,660,000 | -7,773,000 | -7,571,000 | -7,985,000 | -9,846,000 | -10,120,000 | -10,223,000 | -10,100,000 | -8,312,000 | -6,867,000 | -6,561,000 | -5,261,000 | -3,758,000 | -1,599,000 | -113,000 | -136,000 | -220,000 | -15,000 | -15,000 | -379,000 | -383,000 | -749,000 | -759,000 | -912,000 | ||
total shareholders’ equity | 631,670,000 | 621,720,000 | 601,668,000 | 500,342,000 | 467,667,000 | 445,734,000 | 454,796,000 | 408,253,000 | 386,937,000 | 380,302,000 | 326,271,000 | 322,176,000 | 313,953,000 | 293,844,000 | 295,434,000 | 286,689,000 | 279,532,000 | 277,758,000 | 269,827,000 | 233,733,000 | 222,823,000 | 212,144,000 | 216,189,000 | 211,699,000 | 203,603,000 | 198,294,000 | 191,676,000 | 190,300,000 | 152,770,000 | 188,998,000 | 197,364,000 | 195,322,000 | 188,324,000 | 182,766,000 | 184,530,000 | 182,388,000 | 181,998,000 | 172,676,000 | 170,994,000 | 171,757,000 | 173,645,000 | 169,406,000 | 178,375,000 | 184,287,000 | 188,029,000 | 176,763,000 | 186,493,000 |
total liabilities and shareholders’ equity | 6,294,783,000 | 6,288,052,000 | 6,143,766,000 | 6,156,317,000 | 6,131,772,000 | 6,298,598,000 | 6,160,881,000 | 4,302,541,000 | 4,191,315,000 | 4,152,432,000 | 3,687,365,000 | 3,585,589,000 | 3,516,572,000 | 3,381,024,000 | 3,357,608,000 | 3,197,077,000 | 3,089,521,000 | 3,055,304,000 | 2,993,264,000 | 2,282,944,000 | 2,295,116,000 | 2,214,307,000 | 2,249,531,000 | 2,142,931,000 | 2,156,055,000 | 2,062,389,000 | 2,030,429,000 | 1,916,919,000 | 1,945,819,000 | 1,895,448,000 | 1,912,652,000 | 1,857,876,000 | 1,902,985,000 | 1,898,092,000 | 1,962,748,000 | 1,907,552,000 | 1,952,129,000 | 1,923,819,000 | 1,980,831,000 | 2,022,392,000 | 2,094,971,000 | 2,109,003,000 | 2,196,276,000 | 2,156,329,000 | 2,208,020,000 | 2,178,778,000 | 2,223,361,000 |
interest-bearing deposits in bank | 96,940,000 | 20,844,000 | |||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 60,443,000 | 60,546,000 | 60,867,000 | 60,979,000 | 72,287,000 | 72,504,000 | 75,850,000 | 79,188,000 | 74,415,000 | 75,943,000 | 76,252,000 | 76,567,000 | 66,946,000 | 67,925,000 | 68,396,000 | 68,639,000 | 68,887,000 | 49,826,000 | |||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 0 and 158, respectively | 115,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 40 and 158, respectively | 114,960,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 235 and 468, respectively | 124,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value; 200,000 shares authorized; 171,486 shares issued | 17,149,000 | 17,149,000 | 17,149,000 | 17,149,000 | |||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 313 and 468, respectively | 124,687,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 390 and 468, respectively | 124,610,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 468 and 778, respectively | 124,532,000 | ||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 780 and 798, respectively | 39,220,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value; 200,000 shares authorized; 171,847 shares issued | 17,185,000 | 17,185,000 | 17,185,000 | ||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 833 and 869, respectively | 39,167,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized; 1,439 shares issued | 144,000 | 144,000 | |||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 851 and 869, respectively | 39,149,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 957 and 1,010, respectively | 39,043,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized; 1,492 shares issued | 149,000 | 149,000 | 149,000 | 149,000 | |||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value; 200,000 shares authorized; 171,906 shares issued | 17,191,000 | 17,191,000 | 17,191,000 | 17,191,000 | |||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 975 and 1,010, respectively | 39,025,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 992 and 1,010, respectively | 39,008,000 | ||||||||||||||||||||||||||||||||||||||||||||||
long-term borrowings, net of issuance costs of 1,010 | 38,990,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 51,334,000 | 135,972,000 | |||||||||||||||||||||||||||||||||||||||||||||
certificates of deposit | 623,800,000 | 611,852,000 | 593,242,000 | 630,970,000 | 625,172,000 | 699,186,000 | 726,296,000 | 739,754,000 | 762,843,000 | 722,452,000 | 705,628,000 | 686,351,000 | 668,999,000 | 647,467,000 | 607,833,000 | 596,890,000 | 622,628,000 | 607,656,000 | 639,020,000 | 682,995,000 | 688,351,000 | 669,688,000 | 654,807,000 | 661,202,000 | 668,916,000 | 677,074,000 | 724,147,000 | 732,591,000 | 763,978,000 | 739,817,000 | 737,445,000 | 767,472,000 | 789,625,000 | ||||||||||||||
long-term borrowings, net of issuance costs of 1,028 | 38,972,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized and 1,492 shares issued and outstanding | 149,000 | 149,000 | |||||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value; 200,000 shares authorized and 171,906 shares issued and outstanding | 17,191,000 | 17,191,000 | |||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents: | |||||||||||||||||||||||||||||||||||||||||||||||
federal funds sold and interest-bearing deposits in other banks | 94,000 | 94,000 | 94,000 | 94,000 | 94,000 | 93,000 | 33,793,000 | 85,000 | 74,616,000 | 20,659,000 | 22,599,000 | 2,409,000 | 53,539,000 | 1,508,000 | 2,685,000 | 5,720,000 | 92,432,000 | 62,606,000 | |||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized; 1,492 and 1,496 shares issued, respectively | 149,000 | 149,000 | 149,000 | ||||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value; 200,000 shares authorized; 171,906 and 171,927 shares issued, respectively | 17,191,000 | 17,191,000 | 17,191,000 | ||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -9,011,000 | -5,446,000 | -3,720,000 | 5,062,000 | 2,802,000 | 2,254,000 | -4,013,000 | -8,650,000 | -4,650,000 | 2,104,000 | 667,000 | -6,178,000 | -2,690,000 | 759,000 | -2,090,000 | 3,884,000 | 5,686,000 | -2,601,000 | 11,012,000 | ||||||||||||||||||||||||||||
long-term borrowings | 26,702,000 | 26,702,000 | 26,767,000 | 26,768,000 | 46,768,000 | 46,846,000 | 46,847,000 | 46,877,000 | 47,355,000 | 50,773,000 | 20,786,000 | 25,799,000 | 25,865,000 | 29,145,000 | 37,159,000 | 38,173,000 | 38,187,000 | 54,342,000 | 62,359,000 | 63,375,000 | 63,391,000 | 67,408,000 | 49,426,000 | 77,344,000 | 80,380,000 | 81,416,000 | 83,451,000 | 85,485,000 | |||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized and issued | 153,000 | 153,000 | 153,000 | 153,000 | |||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 5,000 liquidation preference per share, 7,503 shares authorized; 7,503 shares issued at december 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value, 200,000 shares authorized, 173,253 and 174,223 shares issued, respectively | 17,326,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series b-1 8.48% preferred stock, 100 par value, 200,000 shares authorized, 174,223 shares issued | 17,422,000 | 17,422,000 | 17,422,000 | 17,422,000 | 17,422,000 | 17,422,000 | 17,422,000 | 17,422,000 | |||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value, 7,503 shares authorized and issued, aggregate liquidation preference of 37,515; net of 1,305 and 1,672 discount, respectively | 36,210,000 | ||||||||||||||||||||||||||||||||||||||||||||||
less: allowance for loan losses | 19,732,000 | 21,825,000 | 20,586,000 | 20,741,000 | 19,657,000 | 18,749,000 | 17,420,000 | 16,038,000 | 15,549,000 | 15,521,000 | 15,611,000 | 16,522,000 | 16,914,000 | 17,048,000 | |||||||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value, 1,533 shares authorized and issued | 153,000 | 153,000 | 153,000 | 153,000 | |||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value, 7,503 shares authorized and issued, aggregate liquidation preference of 37,515; net of 1,398 and 1,672 discount, respectively | 36,117,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value, 7,503 shares authorized and issued, aggregate liquidation preference of 37,515; net of 1,491 and 1,672 discount, respectively | 36,024,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value, 7,503 shares authorized and issued, aggregate liquidation preference of 37,515; net of 1,582 and 1,672 discount, respectively | 35,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value; 7,503 shares authorized and issued; aggregate liquidation preference 37,515; net of 1,672 and 2,016 discount, respectively | 35,843,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value, 7,503 shares authorized and issued, aggregate liquidation preference 37,515; net of 1,933 and 2,016 discount, respectively | 35,582,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a 3% preferred stock, 100 par value; 1,533 shares authorized and issued at december 31, 2008; 10,000 shares authorized, 1,586 shares issued at december 31, 2007 | 153,000 | ||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock, 100 par value; 7,503 shares authorized and issued at december 31, 2008, aggregate liquidation preference 37,515; net of 2,016 discount | 35,499,000 | ||||||||||||||||||||||||||||||||||||||||||||||
junior subordinated debentures issued to unconsolidated subsidiary trust | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | 16,702,000 | ||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, 10,000 authorized shares, 1,533 and 1,586 shares issued and outstanding | 153,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, 200,000 authorized shares, 174,223 shares issued and outstanding | 17,422,000 | 17,422,000 | |||||||||||||||||||||||||||||||||||||||||||||
interest-bearing demand, savings and money market | 710,607,000 | 736,925,000 | 681,953,000 | 692,990,000 | 670,253,000 | 723,343,000 | 674,224,000 | ||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, 10,000 authorized shares, 1,586 shares issued and outstanding | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding — 1,586 shares as of march 31, 2008 and december 31, 2007 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding — 174,223 shares as of march 31, 2008 and december 31, 2007 | 17,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||
securities held to maturity | 59,479,000 | 40,388,000 | 42,426,000 | 43,036,000 | 42,593,000 | 37,906,000 | 35,705,000 | 37,844,000 | 39,317,000 | 40,771,000 | 43,224,000 | 46,539,000 | |||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding 1,586 shares as of december 31, 2007 and 2006 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding 174,223 and 174,639 shares as of december 31, 2007 and 2006, respectively | 17,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding – 1,586 shares at september 30, 2007 and december 31, 2006 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding – 174,223 shares at september 30, 2007 and 174,639 shares at december 31, 2006 | 17,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding – 1,586 shares at june 30, 2007 and december 31, 2006 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding – 174,223 shares at june 30, 2007 and 174,639 shares at december 31, 2006 | 17,422,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding – 1,586 shares at march 31, 2007 and december 31, 2006 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding – 174,639 shares at march 31, 2007 and december 31, 2006 | 17,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding 1,586 shares at december 31, 2006 and 2005 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding 174,639 and 174,747 shares at december 31, 2006 and 2005, respectively | 17,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||
cash, due from banks and interest-bearing deposits | 52,910,000 | 50,735,000 | 44,480,000 | 47,258,000 | 51,290,000 | 54,871,000 | 49,231,000 | 45,279,000 | 58,460,000 | 49,953,000 | 43,594,000 | ||||||||||||||||||||||||||||||||||||
federal funds sold | 80,223,000 | 25,938,000 | 28,270,000 | 44,682,000 | 61,115,000 | 7,805,000 | 62,359,000 | 806,000 | 29,857,000 | 1,685,000 | 67,810,000 | ||||||||||||||||||||||||||||||||||||
securities held to maturity — fair value of 41,929 at september 30, 2006 and 42,898 at december 31, 2005 | 41,927,000 | ||||||||||||||||||||||||||||||||||||||||||||||
demand | 270,671,000 | 257,224,000 | 257,611,000 | 284,958,000 | 281,017,000 | 276,418,000 | 259,314,000 | 289,582,000 | 272,115,000 | 273,033,000 | 251,035,000 | ||||||||||||||||||||||||||||||||||||
savings, money market and interest-bearing checking | 714,141,000 | 698,631,000 | 751,631,000 | 755,229,000 | 775,901,000 | 776,093,000 | 846,617,000 | 789,550,000 | 852,770,000 | 808,870,000 | 831,557,000 | ||||||||||||||||||||||||||||||||||||
accrued expenses and other liabilities | 18,919,000 | 18,197,000 | 17,366,000 | 18,175,000 | 19,664,000 | 23,820,000 | 18,961,000 | 20,457,000 | 20,682,000 | 19,518,000 | 16,028,000 | ||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding – 1,586 shares at september 30, 2006 and december 31, 2005 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding – 174,639 shares at september 30, 2006 and 174,747 shares at december 31, 2005 | 17,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||
commercial paper due in less than 90 days | 9,987,000 | 19,962,000 | |||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding — 1,586 shares at june 30, 2006 and december 31, 2005 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding — 174,639 shares at june 30, 2006 and 174,747 shares at december 31, 2005 | 17,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding – 1,586 shares at march 31, 2006 and december 31, 2005 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding – 174,711 shares at march 31, 2006 and 174,747 shares at december 31, 2005 | 17,471,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding 1,586 shares in 2005 and 1,654 shares in 2004 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding 174,747 shares in 2005 and 175,571 shares in 2004 | 17,475,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding - 1,586 shares at september 30, 2005 and 1,654 shares at december 31, 2004 | 159,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding -174,765 shares at september 30, 2005 and 175,571 shares at december 31, 2004 | 17,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding - 1,598 shares at june 30, 2005 and 1,654 december 31, 2004 | 160,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding - 174,962 shares at june 30, 2005 and 175,571 shares at december 31, 2004 | 17,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding - 1,654 shares at march 31, 2005 and december 31, 2004 | 165,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding - 174,962 shares at march 31, 2005 and 175,571 shares at december 31, 2004 | 17,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding 1,654 shares in 2004 and 1,666 shares in 2003 | 165,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding 175,571 shares in 2004 and 175,683 shares in 2003 | 17,557,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding - 1,654 shares at september 30, 2004 and 1,666 shares at december 31, 2003 | 165,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding - 175,683 shares at september 30, 2004 and december 31, 2003 | 17,568,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding - 1,659 shares at june 30, 2004 and 1,666 shares at december 31, 2003 | 166,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding - 175,683 shares at june 30, 2004 and december 31, 2003 | 17,568,000 | ||||||||||||||||||||||||||||||||||||||||||||||
3% cumulative preferred stock, 100 par value, authorized 10,000 shares, issued and outstanding - 1,662 shares at march 31, 2004 and 1,666 shares at december 31, 2003 | 166,000 | ||||||||||||||||||||||||||||||||||||||||||||||
8.48% cumulative preferred stock, 100 par value, authorized 200,000 shares, issued and outstanding - 175,683 shares at march 31, 2004 and december 31, 2003 | 17,568,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2024-09-30 | 2019-03-31 | 2018-06-30 | 2018-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||
net income | 20,477,000 | 13,466,000 | 11,521,000 | 12,170,000 | 9,288,000 | 8,469,000 | 7,151,000 | 7,618,000 | 6,635,000 | 6,801,000 | 7,920,000 | 7,184,000 | 5,719,000 | 5,820,000 | 5,098,000 | 5,663,000 | 5,198,000 | 5,328,000 | 2,967,000 | -3,142,000 | -28,426,000 | 1,631,000 | 3,779,000 | 4,098,000 | 5,253,000 | 3,443,000 | 3,615,000 | 3,004,000 | 5,245,000 | 5,374,000 | 3,739,000 | 2,871,000 | 8,971,000 | -11,965,000 | 2,289,000 | 5,117,000 | 5,560,000 | 2,647,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 1,874,000 | 1,825,000 | 2,103,000 | 1,625,000 | 1,610,000 | 1,490,000 | 1,503,000 | 1,487,000 | 1,364,000 | 1,326,000 | 1,336,000 | 1,186,000 | 852,000 | 849,000 | 865,000 | 896,000 | 878,000 | 898,000 | 1,025,000 | 1,037,000 | 967,000 | 967,000 | 988,000 | 1,033,000 | 996,000 | 991,000 | 971,000 | 994,000 | 1,017,000 | 1,051,000 | 1,063,000 | 1,074,000 | 1,223,000 | 1,016,000 | 1,075,000 | 1,452,000 | 1,622,000 | 1,645,000 |
net amortization of (discounts) premiums on securities | ||||||||||||||||||||||||||||||||||||||
benefit for credit losses | ||||||||||||||||||||||||||||||||||||||
share-based compensation | 756,000 | 494,000 | 182,000 | 457,000 | 302,000 | 165,000 | 303,000 | 129,000 | 154,000 | 103,000 | 88,000 | 78,000 | 345,000 | 231,000 | ||||||||||||||||||||||||
deferred income tax expense | 4,933,000 | -1,290,000 | 951,000 | -281,000 | 131,000 | 1,480,000 | 582,000 | 1,352,000 | -264,000 | 330,000 | 876,000 | 1,289,000 | 351,000 | 69,000 | 759,000 | 3,810,000 | 89,000 | 60,000 | 323,000 | 195,000 | 137,000 | 404,000 | -164,000 | |||||||||||||||
proceeds from sale of loans held for sale | 17,439,000 | 14,571,000 | 5,992,000 | 4,377,000 | 5,389,000 | 1,575,000 | 3,527,000 | 4,144,000 | 5,825,000 | 3,366,000 | 3,894,000 | 4,944,000 | 4,145,000 | 10,017,000 | 15,950,000 | 11,961,000 | 8,253,000 | 6,031,000 | 27,951,000 | 3,284,000 | 4,207,000 | 9,550,000 | 11,644,000 | 12,049,000 | 15,829,000 | 8,450,000 | 11,720,000 | 10,306,000 | 15,629,000 | 11,979,000 | 31,537,000 | 22,224,000 | 43,780,000 | 9,053,000 | 11,201,000 | 9,783,000 | 24,832,000 | 21,062,000 |
originations of loans held for sale | -17,050,000 | -14,747,000 | -5,011,000 | -4,737,000 | -4,098,000 | -2,164,000 | -3,049,000 | -3,245,000 | -5,599,000 | -3,198,000 | -3,538,000 | -5,696,000 | -3,297,000 | -8,321,000 | -15,268,000 | -14,400,000 | -8,943,000 | -5,651,000 | -29,058,000 | -3,254,000 | -4,241,000 | -9,285,000 | -11,673,000 | -12,658,000 | -14,191,000 | -8,690,000 | -11,644,000 | -10,436,000 | -15,324,000 | -11,338,000 | -31,695,000 | -42,122,000 | -10,529,000 | -10,086,000 | -3,069,000 | -28,034,000 | -21,629,000 | |
income on company owned life insurance | -2,849,000 | -1,404,000 | -410,000 | -443,000 | -450,000 | -486,000 | -486,000 | -1,368,000 | ||||||||||||||||||||||||||||||
net gain on sale of loans held for sale | -285,000 | -220,000 | -182,000 | -131,000 | -96,000 | -46,000 | -78,000 | -78,000 | -88,000 | -69,000 | -82,000 | -76,000 | -117,000 | -224,000 | -276,000 | -197,000 | -115,000 | -62,000 | -170,000 | -35,000 | -48,000 | -92,000 | -164,000 | -190,000 | -313,000 | -115,000 | -161,000 | -140,000 | -503,000 | -104,000 | -226,000 | |||||||
net gain on sale or call of investment securities | -703,000 | |||||||||||||||||||||||||||||||||||||
net gain on sale of assets of subsidiary | -138,000 | |||||||||||||||||||||||||||||||||||||
net income on sale and disposal of other assets | ||||||||||||||||||||||||||||||||||||||
decrease in other assets | -54,000 | 20,979,000 | 1,471,000 | 4,328,000 | -6,584,000 | 5,804,000 | 7,702,000 | 5,132,000 | -713,000 | 1,917,000 | 384,000 | 2,203,000 | 18,000 | |||||||||||||||||||||||||
decrease in other liabilities | 2,229,000 | -3,351,000 | -127,000 | -566,000 | -1,715,000 | |||||||||||||||||||||||||||||||||
net cash from operating activities | -6,882,000 | 2,147,000 | 15,358,000 | 13,161,000 | 17,107,000 | 14,625,000 | 5,839,000 | 16,960,000 | 7,936,000 | 17,937,000 | -2,723,000 | 14,536,000 | 11,534,000 | 12,473,000 | 9,787,000 | 7,410,000 | 9,590,000 | 8,640,000 | 4,271,000 | 3,558,000 | 6,049,000 | 8,114,000 | 3,570,000 | 10,648,000 | 1,249,000 | -819,000 | 11,635,000 | 6,684,000 | 4,759,000 | 15,908,000 | 2,851,000 | 11,688,000 | 12,138,000 | 12,773,000 | 7,975,000 | 18,358,000 | 4,914,000 | 5,991,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | -6,882,000 | 2,147,000 | 15,358,000 | 13,161,000 | 17,107,000 | 14,625,000 | 5,839,000 | 16,960,000 | 7,936,000 | 17,937,000 | -2,723,000 | 14,536,000 | 11,534,000 | 12,473,000 | 9,787,000 | 7,410,000 | 9,590,000 | 8,640,000 | 4,271,000 | 3,558,000 | 6,049,000 | 8,114,000 | 3,570,000 | 10,648,000 | 1,249,000 | -819,000 | 11,635,000 | 6,684,000 | 4,759,000 | 15,908,000 | 2,851,000 | 11,688,000 | 12,138,000 | 12,773,000 | 7,975,000 | 18,358,000 | 4,914,000 | 5,991,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||
purchases of investment securities: | ||||||||||||||||||||||||||||||||||||||
available for sale | -44,523,000 | -6,653,000 | -81,834,000 | -42,262,000 | -84,179,000 | -150,535,000 | -85,986,000 | -110,252,000 | -101,293,000 | -22,513,000 | -32,199,000 | -134,223,000 | -121,256,000 | -51,552,000 | -72,573,000 | -123,667,000 | -59,257,000 | -31,643,000 | -15,625,000 | -6,291,000 | -13,210,000 | -30,964,000 | -127,352,000 | -53,656,000 | -48,319,000 | -52,880,000 | -114,327,000 | -135,494,000 | ||||||||||
held to maturity | -314,000 | -297,000 | -5,508,000 | -1,920,000 | -3,044,000 | -8,496,000 | -5,597,000 | -2,654,000 | -5,801,000 | -10,860,000 | -16,242,000 | -21,850,000 | -5,973,000 | -14,720,000 | -9,143,000 | -24,822,000 | -6,241,000 | -7,026,000 | -7,997,000 | -12,195,000 | -5,306,000 | -6,782,000 | -11,231,000 | -7,140,000 | -2,229,000 | -8,565,000 | -9,055,000 | -5,410,000 | ||||||||||
proceeds from principal payments, maturities and calls on investment securities: | ||||||||||||||||||||||||||||||||||||||
available for sale securities | 18,138,000 | 25,147,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sales of available for sale securities | 29,187,000 | |||||||||||||||||||||||||||||||||||||
proceeds from sales of securities–held to maturity | ||||||||||||||||||||||||||||||||||||||
net increase in loans | -56,482,000 | |||||||||||||||||||||||||||||||||||||
purchase of company owned life insurance, net of benefits received | ||||||||||||||||||||||||||||||||||||||
proceeds received from surrender of company owned life insurance | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from sale of assets of subsidiary | 0 | |||||||||||||||||||||||||||||||||||||
purchases of premises and equipment | -1,015,000 | -2,446,000 | -575,000 | -719,000 | -383,000 | -820,000 | -962,000 | -2,460,000 | -2,536,000 | -1,024,000 | -882,000 | -2,077,000 | -1,205,000 | -205,000 | ||||||||||||||||||||||||
net cash from investing activities | -49,366,000 | 79,823,000 | 6,323,000 | -70,391,000 | -40,727,000 | -65,549,000 | -103,349,000 | -78,986,000 | -24,722,000 | -31,912,000 | -54,724,000 | -38,857,000 | -49,340,000 | -12,117,000 | -15,968,000 | -72,929,000 | -18,515,000 | -61,795,000 | -46,938,000 | 10,547,000 | -78,472,000 | -31,609,000 | 1,739,000 | 31,924,000 | 8,564,000 | -20,445,000 | -32,054,000 | 17,773,000 | 24,543,000 | 38,739,000 | 39,397,000 | 38,321,000 | 52,989,000 | 22,657,000 | 12,402,000 | 3,973,000 | -24,663,000 | -25,860,000 |
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||
net increase in deposits | 201,795,000 | 173,280,000 | 141,930,000 | -117,842,000 | 169,835,000 | 205,352,000 | -102,172,000 | 229,646,000 | -22,969,000 | 254,168,000 | -88,297,000 | 88,746,000 | -97,342,000 | 86,691,000 | -63,507,000 | 124,452,000 | -27,929,000 | 106,919,000 | 104,017,000 | -27,151,000 | 64,659,000 | -32,217,000 | 52,001,000 | 54,067,000 | -39,103,000 | -63,805,000 | -4,037,000 | -84,807,000 | 50,960,000 | 12,955,000 | -22,842,000 | 53,326,000 | ||||||
short-term borrowings, by original maturity: | ||||||||||||||||||||||||||||||||||||||
more than three months - repayments | ||||||||||||||||||||||||||||||||||||||
three months or less | ||||||||||||||||||||||||||||||||||||||
repayment of long-term borrowings | 0 | -20,000,000 | -78,000 | -1,000 | -478,000 | -20,120,000 | -13,000 | -5,012,000 | -67,000 | -3,279,000 | -8,014,000 | -1,014,000 | -14,000 | -40,154,000 | -17,000 | -17,000 | -16,000 | -1,016,000 | 3,982,000 | -2,896,000 | -3,036,000 | -2,035,000 | -2,035,000 | -2,034,000 | ||||||||||||||
purchases of common stock for treasury | -34,000 | -26,000 | -193,000 | 0 | -113,000 | -8,000 | -197,000 | |||||||||||||||||||||||||||||||
cash dividends paid to common and preferred shareholders | -6,602,000 | -5,002,000 | -4,187,000 | -4,181,000 | -3,859,000 | -3,256,000 | -3,249,000 | -3,185,000 | -3,176,000 | -2,987,000 | ||||||||||||||||||||||||||||
net cash from financing activities | 149,159,000 | 21,252,000 | -44,650,000 | 23,410,000 | 47,339,000 | 94,021,000 | 54,190,000 | 112,849,000 | 25,573,000 | 91,796,000 | 28,016,000 | 47,071,000 | -10,645,000 | 55,121,000 | -28,209,000 | 95,548,000 | -19,530,000 | 82,070,000 | 110,169,000 | -35,622,000 | 86,078,000 | -16,455,000 | 51,017,000 | -54,320,000 | -1,421,000 | -61,786,000 | 43,726,000 | -47,818,000 | 17,171,000 | -60,699,000 | -41,476,000 | -70,474,000 | -15,398,000 | -84,314,000 | 45,128,000 | 14,348,000 | -40,017,000 | 45,632,000 |
net increase in cash and cash equivalents | 92,911,000 | 103,222,000 | -22,969,000 | -33,820,000 | 23,719,000 | 43,097,000 | -43,320,000 | 50,823,000 | 8,787,000 | 77,821,000 | -29,431,000 | 22,750,000 | -48,451,000 | 55,477,000 | -34,390,000 | 30,029,000 | -28,455,000 | 28,915,000 | 67,502,000 | -21,517,000 | 13,655,000 | -39,950,000 | 56,326,000 | -11,748,000 | 23,307,000 | -23,361,000 | 46,473,000 | -6,052,000 | 772,000 | -20,465,000 | 49,729,000 | -48,884,000 | 65,505,000 | 36,679,000 | -59,766,000 | 25,763,000 | ||
cash and cash equivalents, beginning of period | 0 | 0 | 102,755,000 | 0 | 99,195,000 | 0 | 0 | 60,121,000 | 0 | 58,151,000 | 0 | 0 | 0 | 39,058,000 | 0 | 0 | 0 | 42,959,000 | 55,187,000 | 0 | 0 | |||||||||||||||||
cash and cash equivalents, end of period | 92,911,000 | 103,222,000 | 79,786,000 | -33,820,000 | 122,914,000 | 43,097,000 | -43,320,000 | 110,944,000 | 8,787,000 | 135,972,000 | -29,431,000 | 22,750,000 | -48,451,000 | 94,535,000 | -34,390,000 | 30,029,000 | -28,455,000 | 71,874,000 | 122,689,000 | -21,517,000 | 13,655,000 | |||||||||||||||||
net amortization of premiums on securities | 558,000 | 528,000 | 679,000 | 671,000 | 822,000 | 789,000 | 714,000 | 795,000 | 743,000 | 806,000 | 853,000 | 1,447,000 | 1,378,000 | |||||||||||||||||||||||||
provision for credit losses | 3,104,000 | |||||||||||||||||||||||||||||||||||||
net loss on sale of other assets | ||||||||||||||||||||||||||||||||||||||
increase in other liabilities | -35,051,000 | -2,984,000 | -491,000 | -1,443,000 | -627,000 | -2,930,000 | -437,000 | 76,000 | 1,844,000 | -522,000 | 331,000 | 1,739,000 | 6,338,000 | |||||||||||||||||||||||||
purchase of company owned life insurance | 0 | -26,000 | -7,000 | -7,000 | -112,000 | |||||||||||||||||||||||||||||||||
net increase in short-term borrowings | 118,837,000 | -38,716,000 | 37,142,000 | -6,918,000 | 10,278,000 | -22,935,000 | 8,419,000 | -23,744,000 | -4,768,000 | 24,142,000 | 2,192,000 | -7,731,000 | 10,852,000 | -2,339,000 | -7,450,000 | |||||||||||||||||||||||
net loss on other assets | ||||||||||||||||||||||||||||||||||||||
non-cash restructuring recoveries against assets | ||||||||||||||||||||||||||||||||||||||
net decrease in loans | ||||||||||||||||||||||||||||||||||||||
net proceeds from company owned life insurance | ||||||||||||||||||||||||||||||||||||||
net decrease in short-term borrowings | -182,200,000 | -118,600,000 | -113,900,000 | -159,231,000 | -35,050,000 | -569,000 | 5,891,000 | -13,466,000 | -3,590,000 | |||||||||||||||||||||||||||||
proceeds from long-term borrowings | 0 | |||||||||||||||||||||||||||||||||||||
net gain on other assets | -49,000 | |||||||||||||||||||||||||||||||||||||
net loan originations | -24,361,000 | -108,671,000 | -60,644,000 | -73,368,000 | -98,026,000 | -33,297,000 | -14,190,000 | -13,201,000 | -30,029,000 | -7,686,000 | -24,824,000 | -36,505,000 | -23,463,000 | -4,715,000 | -38,242,000 | -44,642,000 | -68,084,000 | -39,613,000 | -9,075,000 | |||||||||||||||||||
net payments for company owned life insurance | ||||||||||||||||||||||||||||||||||||||
net loss on investment securities | 53,000 | |||||||||||||||||||||||||||||||||||||
restructuring charges | ||||||||||||||||||||||||||||||||||||||
increase in other assets | -4,568,000 | -1,116,000 | -329,000 | -1,637,000 | 11,265,000 | 2,094,000 | ||||||||||||||||||||||||||||||||
proceeds from sales of securities available for sale | 4,948,000 | 23,497,000 | 44,648,000 | 17,627,000 | 16,657,000 | 29,508,000 | 5,500,000 | 14,672,000 | ||||||||||||||||||||||||||||||
purchases of company owned life insurance, net of benefits received | ||||||||||||||||||||||||||||||||||||||
proceeds from surrender of company owned life insurance | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of other assets | 250,000 | 235,000 | 24,000 | 284,000 | 209,000 | 109,000 | 198,000 | 109,000 | 287,000 | 666,000 | 55,000 | 110,000 | 102,000 | 98,000 | 355,000 | 56,000 | 767,000 | 388,000 | 492,000 | 653,000 | 250,000 | 297,000 | 322,000 | 247,000 | 428,000 | |||||||||||||
cash consideration paid for acquisition, net of cash acquired | 0 | 0 | -868,000 | |||||||||||||||||||||||||||||||||||
repurchase of preferred stock | 0 | 0 | ||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 0 | |||||||||||||||||||||||||||||||||||||
cash dividends paid to preferred shareholders | -370,000 | -1,010,000 | -840,000 | -839,000 | -840,000 | -839,000 | -641,000 | |||||||||||||||||||||||||||||||
cash dividends paid to common shareholders | -1,084,000 | -1,083,000 | -1,084,000 | -1,084,000 | -1,082,000 | -1,082,000 | -1,080,000 | |||||||||||||||||||||||||||||||
provision for loan losses | 1,193,000 | |||||||||||||||||||||||||||||||||||||
purchases of available for sale securities | -7,681,000 | -15,227,000 | -57,316,000 | -119,597,000 | -78,405,000 | -53,784,000 | ||||||||||||||||||||||||||||||||
purchases of held to maturity securities | -4,466,000 | -13,768,000 | -2,767,000 | -66,903,000 | -20,087,000 | -3,612,000 | -11,024,000 | -21,800,000 | ||||||||||||||||||||||||||||||
proceeds from principal payments, maturities and calls on available for sale securities | 25,390,000 | 8,646,000 | 6,167,000 | 49,711,000 | 9,427,000 | 48,280,000 | 38,073,000 | 39,721,000 | ||||||||||||||||||||||||||||||
proceeds from principal payments, maturities and calls on held to maturity securities | 12,842,000 | 42,565,000 | 16,883,000 | 17,277,000 | 18,766,000 | 12,381,000 | 5,048,000 | 9,941,000 | ||||||||||||||||||||||||||||||
purchases of company owned life insurance, net of proceeds received | -24,000 | 0 | -7,000 | |||||||||||||||||||||||||||||||||||
proceeds from stock options exercised | 233,000 | 76,000 | 28,000 | 498,000 | 288,000 | 107,000 | 72,000 | 507,000 | 28,000 | 0 | 91,000 | |||||||||||||||||||||||||||
net gain on investment securities | -70,000 | -63,000 | -6,000 | -54,000 | -56,000 | -3,803,000 | ||||||||||||||||||||||||||||||||
goodwill impairment | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | ||||||||||||||||||||||||||||||||||||||
supplemental information: | ||||||||||||||||||||||||||||||||||||||
cash paid for interest | 6,695,000 | 6,492,000 | 2,652,000 | 3,396,000 | 2,096,000 | 1,473,000 | 1,743,000 | 5,645,000 | 8,884,000 | |||||||||||||||||||||||||||||
cash paid for income taxes | 345,000 | 1,571,000 | 2,724,000 | 500,000 | 1,426,000 | 594,000 | ||||||||||||||||||||||||||||||||
noncash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||
real estate and other assets acquired in settlement of loans | 44,000 | 370,000 | 69,000 | 234,000 | 140,000 | 51,000 | 83,000 | 379,000 | 201,000 | 437,000 | 118,000 | 513,000 | 849,000 | 611,000 | 470,000 | 422,000 | 1,132,000 | |||||||||||||||||||||
accrued and declared unpaid dividends | 3,000 | 4,181,000 | 1,000 | 8,000 | 3,248,000 | 3,178,000 | 46,000 | 1,691,000 | ||||||||||||||||||||||||||||||
increase in net unsettled security purchases | 1,040,000 | 1,420,000 | -170,000 | 6,222,000 | -536,000 | |||||||||||||||||||||||||||||||||
assets acquired and liabilities assumed in business combinations: | ||||||||||||||||||||||||||||||||||||||
fair value of assets acquired | 0 | 0 | 4,848,000 | |||||||||||||||||||||||||||||||||||
fair value of liabilities assumed | 0 | 0 | 1,845,000 | |||||||||||||||||||||||||||||||||||
benefit from loan losses | 2,949,000 | 2,368,000 | 2,598,000 | 2,741,000 | 1,910,000 | 2,015,000 | 1,328,000 | 810,000 | 1,980,000 | 2,184,000 | 2,105,000 | 418,000 | 1,906,000 | 716,000 | 250,000 | 1,422,000 | 1,529,000 | 21,889,000 | 3,692,000 | 2,147,000 | 2,516,000 | 4,796,000 | ||||||||||||||||
deferred income tax (benefit) expense | -2,691,000 | -21,983,000 | -787,000 | 531,000 | ||||||||||||||||||||||||||||||||||
net (gain) loss on other assets | -3,000 | |||||||||||||||||||||||||||||||||||||
decrease (increase) in other assets | 7,587,000 | 95,000 | -169,000 | 463,000 | 448,000 | |||||||||||||||||||||||||||||||||
amortization of tax credit investment | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from company owned life insurance, net of purchases | 0 | -8,000 | 2,451,000 | |||||||||||||||||||||||||||||||||||
debt issuance costs | 0 | |||||||||||||||||||||||||||||||||||||
purchase of common stock for treasury | -41,000 | 0 | ||||||||||||||||||||||||||||||||||||
excess tax benefit on share-based compensation | -3,000 | 4,000 | 0 | 64,000 | ||||||||||||||||||||||||||||||||||
cash paid for income taxes, net of refunds received | ||||||||||||||||||||||||||||||||||||||
securities transferred from available for sale to held to maturity | ||||||||||||||||||||||||||||||||||||||
common stock issued for acquisition | 0 | 0 | 8,100,000 | |||||||||||||||||||||||||||||||||||
net gain on disposal of investment securities | -1,387,000 | -613,000 | -640,000 | -1,062,000 | -264,000 | -515,000 | -4,000 | -3,000 | ||||||||||||||||||||||||||||||
net gain on sale and disposal of other assets | -82,000 | -4,000 | -72,000 | 8,000 | -45,000 | 0 | -2,000 | -158,000 | -51,000 | -102,000 | -115,000 | -37,000 | -57,000 | |||||||||||||||||||||||||
increase in company owned life insurance | -514,000 | -467,000 | -504,000 | -421,000 | -279,000 | -266,000 | -285,000 | -271,000 | -282,000 | -269,000 | -260,000 | |||||||||||||||||||||||||||
net (gain) loss on sale and disposal of other assets | -4,000 | -22,000 | ||||||||||||||||||||||||||||||||||||
contributions to defined benefit pension plan | ||||||||||||||||||||||||||||||||||||||
net increase in loans, excluding sales | ||||||||||||||||||||||||||||||||||||||
purchases of company owned life insurance | -45,000 | -7,000 | -5,046,000 | -5,000,000 | -27,000 | -7,000 | ||||||||||||||||||||||||||||||||
excess tax benefit (expense) on share-based compensation | ||||||||||||||||||||||||||||||||||||||
loans transferred from held for sale to held for investment | 0 | |||||||||||||||||||||||||||||||||||||
impairment charges on investment securities | ||||||||||||||||||||||||||||||||||||||
net cash (paid) received from acquisitions | ||||||||||||||||||||||||||||||||||||||
proceeds from sales and calls of securities available for sale | ||||||||||||||||||||||||||||||||||||||
repayments of long-term borrowings | 0 | -65,000 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock, net of issuance costs | 0 | 43,127,000 | ||||||||||||||||||||||||||||||||||||
repurchase of warrant issued to u.s. treasury | ||||||||||||||||||||||||||||||||||||||
redemption of series a preferred stock | 0 | -37,447,000 | ||||||||||||||||||||||||||||||||||||
repurchase of series b-1 8.48% preferred stock | ||||||||||||||||||||||||||||||||||||||
purchases of preferred and common shares | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred and common shares, net of issuance costs | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock warrant | ||||||||||||||||||||||||||||||||||||||
net amortization of premiums and discounts on investment securities | 669,000 | 494,000 | 508,000 | 252,000 | ||||||||||||||||||||||||||||||||||
share-based compensation expense | ||||||||||||||||||||||||||||||||||||||
impairment charge on investment securities | 0 | 0 | 526,000 | 50,000 | 29,870,000 | |||||||||||||||||||||||||||||||||
purchase of investment securities: | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of securities available for sale | 55,000,000 | 20,140,000 | 12,950,000 | 10,375,000 | 6,823,000 | 4,000,000 | 0 | 0 | ||||||||||||||||||||||||||||||
purchase of premises and equipment | -524,000 | -779,000 | -471,000 | -355,000 | -2,275,000 | -2,408,000 | -1,282,000 | -368,000 | -523,000 | -896,000 | -1,316,000 | -672,000 | -993,000 | -347,000 | -137,000 | -394,000 | -894,000 | -917,000 | -1,076,000 | -1,956,000 | -1,383,000 | -710,000 | -1,105,000 | |||||||||||||||
purchase of common shares | -1,625,000 | |||||||||||||||||||||||||||||||||||||
issuance of preferred and common shares | ||||||||||||||||||||||||||||||||||||||
stock options exercised | 6,000 | 121,000 | 8,000 | 6,000 | 39,000 | 38,000 | 37,000 | 137,000 | 12,000 | |||||||||||||||||||||||||||||
amortization of unvested stock-based compensation | 321,000 | 221,000 | 247,000 | -23,000 | 227,000 | 325,000 | ||||||||||||||||||||||||||||||||
net amortization (accretion) of premiums and discounts on securities | ||||||||||||||||||||||||||||||||||||||
purchase of common stock | ||||||||||||||||||||||||||||||||||||||
issuance costs of preferred stock | -68,000 | |||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||
supplemental disclosure of noncash investing and financing activities: | ||||||||||||||||||||||||||||||||||||||
decrease in net unsettled security transactions | 571,000 | |||||||||||||||||||||||||||||||||||||
provision (credit) for loan losses | 2,586,000 | 1,891,000 | ||||||||||||||||||||||||||||||||||||
net gain on sale of trust relationships | 0 | 0 | 0 | -13,000 | ||||||||||||||||||||||||||||||||||
proceeds from sale of trust relationships | 0 | 0 | 0 | 13,000 | ||||||||||||||||||||||||||||||||||
purchase of preferred and common shares | -123,000 | -1,799,000 | -1,595,000 | -1,304,000 | -113,000 | -15,000 | -7,000 | -211,000 | -17,000 | -36,000 | -61,000 | -64,000 | -1,000 | -14,000 | -16,000 | |||||||||||||||||||||||
proceeds from issuance of preferred and common shares | ||||||||||||||||||||||||||||||||||||||
proceed from stock options exercised | ||||||||||||||||||||||||||||||||||||||
net amortization (accretion) of premiums and discounts on investment securities | 81,000 | |||||||||||||||||||||||||||||||||||||
issuance of common shares | 0 | 0 | -2,000 | 112,000 | 2,000 | 31,000 | 1,061,000 | 10,000 | -297,000 | 502,000 | 106,000 | |||||||||||||||||||||||||||
dividends paid | -2,007,000 | -1,911,000 | -1,805,000 | -1,702,000 | -1,600,000 | -1,505,000 | -1,392,000 | -1,393,000 | -1,277,000 | -1,278,000 | -1,278,000 | -1,278,000 | -1,278,000 | -2,173,000 | -2,173,000 | -2,165,000 | -2,162,000 | -2,160,000 | ||||||||||||||||||||
dividends declared and unpaid | -21,000 | 101,000 | 1,912,000 | |||||||||||||||||||||||||||||||||||
increase in unsettled security purchases | ||||||||||||||||||||||||||||||||||||||
excess tax benefit from stock options exercised | 5,000 | 3,000 | -7,000 | |||||||||||||||||||||||||||||||||||
net increase in unsettled security purchases | 3,679,000 | -61,000 | ||||||||||||||||||||||||||||||||||||
net amortization of premiums and discounts on securities | 120,000 | -35,000 | 5,000 | -295,000 | 140,000 | 137,000 | 127,000 | 158,000 | 222,000 | 72,000 | 207,000 | 240,000 | 355,000 | |||||||||||||||||||||||||
net gain on sale or call of securities | -173,000 | |||||||||||||||||||||||||||||||||||||
purchase of securities: | ||||||||||||||||||||||||||||||||||||||
proceeds from maturity, call and principal pay-down of securities: | ||||||||||||||||||||||||||||||||||||||
proceeds from sale or call of securities available for sale | 33,436,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents as of the beginning of the period | 46,673,000 | |||||||||||||||||||||||||||||||||||||
cash and cash equivalents as of the end of the period | 102,999,000 | |||||||||||||||||||||||||||||||||||||
cash paid during period for: | ||||||||||||||||||||||||||||||||||||||
interest | 10,228,000 | 11,196,000 | 16,367,000 | 11,390,000 | 10,734,000 | 11,221,000 | 10,934,000 | 10,062,000 | 10,221,000 | 9,312,000 | 9,949,000 | 7,883,000 | 8,034,000 | 7,326,000 | 7,113,000 | 8,852,000 | ||||||||||||||||||||||
income taxes | 170,000 | 2,851,000 | ||||||||||||||||||||||||||||||||||||
net gain on sale of commercial-related loans held for sale | 0 | 0 | 0 | -82,000 | ||||||||||||||||||||||||||||||||||
loss on sale of discontinued subsidiary | -41,000 | |||||||||||||||||||||||||||||||||||||
minority interest in net income of subsidiaries | 46,000 | 10,000 | -10,000 | 8,000 | 8,000 | 9,000 | 7,000 | |||||||||||||||||||||||||||||||
net loan (originations) pay-downs | ||||||||||||||||||||||||||||||||||||||
net proceeds from sale of commercial-related loans | ||||||||||||||||||||||||||||||||||||||
net proceeds from sale of discontinued subsidiary | ||||||||||||||||||||||||||||||||||||||
purchase of bank subsidiary minority interest | ||||||||||||||||||||||||||||||||||||||
net decrease in deposits | -40,290,000 | -787,000 | 22,562,000 | |||||||||||||||||||||||||||||||||||
cash and cash equivalents as of beginning of year | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents as of the end of year | ||||||||||||||||||||||||||||||||||||||
cash paid during year for: | ||||||||||||||||||||||||||||||||||||||
income taxes paid | 940,000 | 770,000 | 2,320,000 | 1,000 | 1,558,000 | 851,000 | ||||||||||||||||||||||||||||||||
income taxes received | 0 | -448,000 | ||||||||||||||||||||||||||||||||||||
issuance of common stock in purchase acquisitions/earnouts | ||||||||||||||||||||||||||||||||||||||
net transfer of loans to/from held for sale at estimated fair value | ||||||||||||||||||||||||||||||||||||||
credit for loan loses | -82,000 | |||||||||||||||||||||||||||||||||||||
amortization of unvested stock options | 296,000 | 257,000 | 114,000 | 120,000 | 259,000 | 261,000 | 181,000 | |||||||||||||||||||||||||||||||
amortization of unvested restricted stock awards | 68,000 | 26,000 | 24,000 | 26,000 | ||||||||||||||||||||||||||||||||||
net gain on sale of securities | -67,000 | |||||||||||||||||||||||||||||||||||||
proceeds from the sale of securities available for sale | 17,125,000 | |||||||||||||||||||||||||||||||||||||
net loan increase | -10,474,000 | -12,470,000 | -3,373,000 | |||||||||||||||||||||||||||||||||||
net proceeds from sale of commercial-related loans held for sale | ||||||||||||||||||||||||||||||||||||||
purchase of preferred and common stock | ||||||||||||||||||||||||||||||||||||||
issuance of common stock - directors plan | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at the beginning of the period | 0 | 0 | 109,772,000 | 0 | 0 | 91,940,000 | 0 | -30,000 | 46,085,000 | 0 | 0 | 85,641,000 | ||||||||||||||||||||||||||
cash and cash equivalents at the end of the period | 8,392,000 | -83,050,000 | 133,079,000 | 46,473,000 | -6,052,000 | 92,712,000 | 49,729,000 | -48,914,000 | 111,590,000 | 36,679,000 | -59,766,000 | 111,404,000 | ||||||||||||||||||||||||||
net increase in security purchases pending settlement | 1,695,000 | |||||||||||||||||||||||||||||||||||||
net decrease (increase) in unrealized loss on available for sale securities, net of taxes | ||||||||||||||||||||||||||||||||||||||
net gain on sale of other assets | ||||||||||||||||||||||||||||||||||||||
increase in accrued expenses and other liabilities | 608,000 | -1,323,000 | -4,164,000 | 1,151,000 | 3,489,000 | -1,473,000 | ||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||
net increase in unrealized loss on available for sale securities | ||||||||||||||||||||||||||||||||||||||
tax benefit from stock options exercised | 3,000 | |||||||||||||||||||||||||||||||||||||
(credit) benefit from loan losses | 0 | -491,000 | ||||||||||||||||||||||||||||||||||||
net gain on sale of credit card portfolio | ||||||||||||||||||||||||||||||||||||||
net loan pay-downs | 11,491,000 | 26,103,000 | 18,209,000 | 6,728,000 | ||||||||||||||||||||||||||||||||||
net proceeds from sale of credit card portfolio | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of trust relationships | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity investment in mercantile adjustment bureau | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at the beginning of the year | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at the end of the year | ||||||||||||||||||||||||||||||||||||||
gain on sale of trust relationships | ||||||||||||||||||||||||||||||||||||||
proceeds from maturity and call of securities: | ||||||||||||||||||||||||||||||||||||||
net loan collections | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of commercial-related loans | 0 | -311,000 | 970,000 | |||||||||||||||||||||||||||||||||||
proceeds from sale of discontinued subsidiary | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of other assets | ||||||||||||||||||||||||||||||||||||||
cash paid (received) during period for: | ||||||||||||||||||||||||||||||||||||||
issuance of common stock for burke group, inc. earnout | 0 | |||||||||||||||||||||||||||||||||||||
transfer of loans to loans held for sale | ||||||||||||||||||||||||||||||||||||||
transfer of borrowings from long-term to short-term | 8,000,000 | |||||||||||||||||||||||||||||||||||||
benefit from loss on sale of discontinued operations | ||||||||||||||||||||||||||||||||||||||
tax benefit from stock-based compensation | ||||||||||||||||||||||||||||||||||||||
net (gain) loss on sale of premises and equipment | -3,000 | -11,000 | ||||||||||||||||||||||||||||||||||||
net (gain) loss on sale of other real estate and repossessed assets | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of premises and equipment | 23,000 | 36,000 | 11,000 | 0 | 35,000 | |||||||||||||||||||||||||||||||||
net gain on sale of other real estate and repossessed assets | -86,000 | |||||||||||||||||||||||||||||||||||||
decrease in accrued expenses and other liabilities | -808,000 | -1,499,000 | ||||||||||||||||||||||||||||||||||||
net repayment of short-term borrowings | -870,000 | |||||||||||||||||||||||||||||||||||||
real estate acquired in settlement of loans | 373,000 | 268,000 | 180,000 | 758,000 | 231,000 | |||||||||||||||||||||||||||||||||
origination of loans held for sale | ||||||||||||||||||||||||||||||||||||||
gain on sale of securities | 0 | 0 | ||||||||||||||||||||||||||||||||||||
gain on sale of loans held for sale | -129,000 | -186,000 | -157,000 | -348,000 | -252,000 | |||||||||||||||||||||||||||||||||
gain on sale of credit card portfolio | 0 | |||||||||||||||||||||||||||||||||||||
net gain on sale of commercial related loans | ||||||||||||||||||||||||||||||||||||||
gain on sale and disposal of other assets | ||||||||||||||||||||||||||||||||||||||
net proceeds from sale of commercial related loans | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of premises and equipment and other assets | ||||||||||||||||||||||||||||||||||||||
reclassification of long-term borrowings to short-term | 3,000,000 | |||||||||||||||||||||||||||||||||||||
deferred income taxes | 1,071,000 | |||||||||||||||||||||||||||||||||||||
net gain on sale of commercial related loans held for sale | ||||||||||||||||||||||||||||||||||||||
gain on sale of other assets | 29,000 | 112,000 | -15,000 | |||||||||||||||||||||||||||||||||||
proceeds from maturity and call of securities | ||||||||||||||||||||||||||||||||||||||
proceeds from sale of credit card portfolio | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from sale of equity investment in mercantile adjustment bureau, llc | 0 | |||||||||||||||||||||||||||||||||||||
proceeds from sale of commercial related loans | ||||||||||||||||||||||||||||||||||||||
transfer of loans to loans held for sale at estimated fair value less costs to sell | ||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -1,062,000 | -608,000 | ||||||||||||||||||||||||||||||||||||
proceeds from sale of securities | ||||||||||||||||||||||||||||||||||||||
decrease in loans | 25,801,000 | |||||||||||||||||||||||||||||||||||||
decrease (increase) in loans | 25,985,000 | 7,208,000 | 30,659,000 | |||||||||||||||||||||||||||||||||||
gain on securities transactions | ||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of other assets | -28,000 | -172,000 | ||||||||||||||||||||||||||||||||||||
proceeds from gain on securities transactions | ||||||||||||||||||||||||||||||||||||||
proceeds from sales of premises and equipment | 12,000 | 3,000 | ||||||||||||||||||||||||||||||||||||
gain on sale and call of securities | -50,000 | |||||||||||||||||||||||||||||||||||||
proceeds from sale and call of securities | 10,367,000 |