SANDY SPRING BANCORP, INC. SASR Income Statement

Sandy spring bancorp, inc. (SASR)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Interest and Dividend Income Operating [Abstract]
Interest and Fee Income, Loans and Leases Held-in-portfolio
316,550	293,131	172,091	150,868	135,170	123,369	122,380	115,574	107,355	115,789	126,899
Interest and Fee Income, Loans and Leases Held-for-sale, Total
1,607	1,245	279	387	544	312	929	841	577	534	767
Interest Income, Deposits with Financial Institutions, Total
2,129	1,304	410	213	98	85	84	111	77	177	149
Interest and Dividend Income Securities By Taxable Status [Abstract]
Interest Income, Securities, Operating, Taxable
21,739	20,516	13,881	11,500	14,440	15,377	16,635	17,951	22,096	24,624	19,945
Interest Income, Securities, Operating, Tax Exempt
5,834	7,855	8,111	7,583	8,059	9,222	9,318	9,392	9,363	7,222	7,467
Interest Income, Federal Funds Sold
10	31	27	5	1	1	1	1	2	3	3
Interest and Dividend Income, Operating, Total
347,869	324,082	194,799	170,556	158,312	148,366	149,347	143,870	139,470	148,349	155,230
Interest Expense [Abstract]
Interest Expense, Deposits, Total
61,681	39,139	13,256	8,161	5,878	4,791	5,439	7,357	11,002	16,934	34,921
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Total
1,161	1,169	337	290	255	164	163	204	212	269	308
Interest Expense Federal Home Loan Bank and Federal Reserve Bank Advances Long Term
16,578	21,408	12,426	11,610	13,081	12,982	12,936	14,131	14,397	14,599	14,708
Interest Expense Subordinated Notes and Debentures
3,141	1,921	12	943	899	881	895	959	913	940	1,585
Interest Expense, Total
82,561	63,637	26,031	21,004	20,113	18,818	19,433	22,651	26,524	32,742	51,522
Interest Income (Expense), Net, Total
265,308	260,445	168,768	149,552	138,199	129,548	129,914	121,219	112,946	115,607	103,708
Provision for Loan and Lease Losses
4,684	9,023	2,977	5,546	5,371	-163	-1,084	3,649	1,428	25,908	76,762
Interest Income (Expense), after Provision for Loan Loss, Total
260,624	251,422	165,791	144,006	132,828	129,711	130,998	117,570	111,518	89,699	26,946
Noninterest Income [Abstract]
Gain (Loss) On Sale Of Securities, Net
77	190	1,273	1,932	-	-	-	-	-	-	-
Investment securities gains
-	-	-	-	36	5	115	459	292	796	418
Total other-than-temporary impairment ("OTTI") losses
-	-	-	-	-	-	-	109	-178	-1,505	-
Portion of OTTI losses recognized in other comprehensive income, before taxes
-	-	-	-	-	-	-	0	18	993	-
Net OTTI recognized in earnings
-	-	-	-	-	-	-	109	160	512	-
Service charges on deposit accounts
-	-	-	-	7,607	8,422	8,533	8,910	9,527	10,326	11,433
Mortgage Banking Income
-	-	-	-	3,114	1,994	3,094	6,032	3,228	3,664	3,473
Wealth management income
-	-	-	-	19,931	19,086	17,585	15,949	15,646	-	9,421
Wealth management income
-	-	-	-	-	-	-	-	-	13,725	2,823
Insurance Commissions and Fees
6,612	6,158	6,231	5,408	5,176	4,996	4,821	4,490	4,650	5,229	5,236
Bank Owned Life Insurance Income
3,165	4,327	2,403	2,462	2,571	2,444	2,499	2,616	2,636	2,800	2,906
Bank card fees
-	-	-	-	4,652	4,439	4,165	3,887	3,637	3,325	2,920
Noninterest Income, Other Operating Income
8,780	7,126	6,331	6,759	6,814	5,485	6,699	4,722	4,044	4,429	4,726
Noninterest Income, Total
71,322	61,049	51,243	51,042	49,901	46,871	47,511	46,956	43,500	43,782	43,356
Noninterest Expense [Abstract]
Labor and Related Expense
103,950	96,998	73,132	71,354	71,003	66,387	65,598	62,509	59,625	55,470	54,460
Occupancy Net
19,470	18,352	13,053	12,960	12,809	13,692	13,171	12,010	11,519	11,477	10,710
Equipment Expense
10,720	9,335	7,015	6,883	6,071	5,188	4,940	4,871	4,705	4,808	5,691
Marketing Expense
4,456	3,924	3,119	2,851	2,896	2,926	2,880	2,651	2,389	2,359	2,166
Information Technology and Data Processing
7,567	6,603	5,486	5,377	5,023	4,947	4,580	5,019	4,159	3,992	3,721
Federal Deposit Insurance Corporation Premium Expense
2,260	5,095	3,305	2,741	2,491	2,302	2,300	2,573	3,187	4,497	6,092
Amortization Of Intangible Assets
1,946	2,162	101	130	372	821	1,845	1,881	1,845	1,959	3,646
Litigation expense
-	-	-	0	-3,869	6,519	0	0	-	-	-
Merger and acquisition expenses
1,312	11,766	4,252	0	0	-	-	-	-	-	-
Professional Fees
6,978	6,056	4,492	-	-	-	-	-	-	-	-
Other Noninterest Expense
20,426	19,492	15,144	20,762	18,551	18,018	16,210	18,413	17,642	16,350	14,668
Noninterest Expense, Total
179,085	179,783	129,099	123,058	115,347	120,800	111,524	109,927	105,071	100,912	101,154
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest, Total
152,861	132,688	87,935	71,990	67,382	55,782	66,985	54,599	49,947	32,569	-30,852
Income Tax Expense (Benefit)
36,428	31,824	34,726	23,740	22,027	17,582	22,563	18,045	15,845	9,049	-15,997
Net Income (Loss) Attributable to Parent, Total
116,433	100,864	53,209	48,250	45,355	38,200	44,422	36,554	34,102	23,520	-14,855
Net Inocme Per Common Share [Abstract]
Preferred stock dividends and discount accretion
-	-	-	-	-	-	-	-	-	6,149	4,810
Net income available to common stockholders
-	-	-	-	-	-	-	-	-	17,371	-19,665
Earnings Per Share, Basic, Total
3.25	2.82	2.20	2.00	1.84	1.53	1.78	1.49	1.42	1.05	-0.90
Basic net income per common share
-	-	-	-	-	-	-	-	-	0.78	-1.20
Earnings Per Share, Diluted, Total
3.25	2.82	2.20	2.00	1.84	1.52	1.77	1.48	1.41	1.05	-0.90
Diluted net income per common share
-	-	-	-	-	-	-	-	-	0.78	-1.20
Common Stock, Dividends, Per Share, Declared
1.18	1.10	1.04	0.98	0.90	0.76	0.64	0.48	0.34	0.04	0.37
Service charges on deposit accounts [Member]
Fees, comminssions and banking services
9,692	9,324	8,298	7,953	-	-	-	-	-	-	-
Mortgage banking activities [Member]
Fees, comminssions and banking services
14,711	7,073	2,734	4,049	-	-	-	-	-	-	-
Wealth managment [Member]
Fees, comminssions and banking services
22,669	21,284	19,146	17,805	-	-	-	-	-	-	-
Bank card fees [member]
Fees, comminssions and banking services
5,616	5,567	4,827	4,674	-	-	-	-	-	-	-