Sandy spring bancorp, inc. (SASR)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest and Dividend Income Operating [Abstract]
Interest and Fee Income, Loans and Leases Held-in-portfolio

75,882

77,522

79,167

79,464

80,397

78,081

76,786

70,672

67,592

45,230

43,891

42,747

40,223

39,510

38,224

36,928

36,206

35,516

34,484

33,031

32,139

31,899

31,030

30,706

29,734

30,443

33,079

29,212

29,646

29,410

30,697

28,338

27,129

26,758

26,791

26,816

26,990

29,084

29,284

Interest and Fee Income, Loans and Leases Held-for-sale, Total

291

462

572

381

192

262

336

279

368

6

119

72

82

93

96

64

134

122

214

132

76

101

81

71

59

91

176

309

353

254

248

190

149

189

142

124

122

148

92

Interest Income, Deposits with Financial Institutions, Total

180

724

783

428

194

222

211

514

357

121

108

91

90

57

49

54

53

29

25

22

22

19

24

22

20

19

22

24

19

28

38

24

21

15

23

21

18

61

63

Interest and Dividend Income Securities By Taxable Status [Abstract]
Interest Income, Securities, Operating, Taxable

6,132

5,437

5,221

5,396

5,685

5,219

5,112

5,083

5,102

3,309

3,410

3,554

3,608

2,751

2,623

2,840

3,286

3,416

3,597

3,850

3,577

3,673

3,712

3,876

4,116

4,224

4,558

3,919

3,934

4,142

4,204

4,662

4,943

5,314

5,693

5,649

5,440

6,336

6,298

Interest Income, Securities, Operating, Tax Exempt

1,372

1,243

1,337

1,544

1,710

1,820

1,921

2,042

2,072

2,001

2,053

2,106

1,951

1,830

1,864

1,916

1,973

1,991

1,996

1,814

2,258

2,282

2,303

2,316

2,321

2,331

2,345

2,315

2,327

2,368

2,308

2,343

2,373

2,431

2,355

2,398

2,179

1,737

1,771

Interest Income, Federal Funds Sold

1

2

2

1

5

3

8

7

13

9

8

6

4

2

1

1

1

0

1

0

0

-

0

-

-

-

-

-

-

-

0

1

-

1

0

0

1

1

-

Interest and Dividend Income, Operating, Total

83,858

85,390

87,082

87,214

88,183

85,607

84,374

78,597

75,504

50,676

49,589

48,576

45,958

44,243

42,857

41,803

41,653

41,074

40,317

38,849

38,072

37,975

37,150

36,991

36,250

37,109

40,180

35,779

36,279

36,202

37,495

35,558

34,615

34,708

35,004

35,008

34,750

37,367

37,508

Interest Expense [Abstract]
Interest Expense, Deposits, Total

13,518

14,723

16,332

16,146

14,480

12,556

10,773

8,851

6,959

4,044

3,701

3,023

2,488

2,155

2,128

2,041

1,837

1,685

1,632

1,367

1,194

1,206

1,208

1,193

1,184

1,230

1,358

1,396

1,455

1,650

1,823

1,871

2,013

2,329

2,773

2,987

2,913

3,883

4,568

Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Total

580

216

257

290

398

570

383

108

108

99

83

79

76

78

74

72

66

76

69

60

50

47

42

37

38

37

39

38

49

46

46

51

61

57

49

53

53

61

65

Interest Expense Federal Home Loan Bank and Federal Reserve Bank Advances Long Term

3,145

3,189

3,222

4,103

6,064

5,851

5,141

5,338

5,078

3,041

3,108

3,148

3,129

2,798

2,699

2,739

3,374

3,307

3,272

3,266

3,236

3,273

3,258

3,233

3,218

3,269

3,255

3,189

3,223

3,359

3,599

3,586

3,587

3,628

3,628

3,590

3,551

3,676

3,653

Interest Expense Subordinated Notes and Debentures

2,281

1,679

481

490

491

485

486

482

468

0

0

0

12

245

225

219

254

229

228

223

219

222

222

219

218

223

222

224

226

227

242

241

249

242

224

224

223

248

226

Interest Expense, Total

19,524

19,807

20,292

21,029

21,433

19,462

16,783

14,779

12,613

7,184

6,892

6,250

5,705

5,276

5,126

5,071

5,531

5,297

5,201

4,916

4,699

4,748

4,730

4,682

4,658

4,759

4,874

4,847

4,953

5,282

5,710

5,749

5,910

6,256

6,674

6,854

6,740

7,868

8,512

Interest Income (Expense), Net, Total

64,334

65,583

66,790

66,185

66,750

66,145

67,591

63,818

62,891

43,492

42,697

42,326

40,253

38,967

37,731

36,732

36,122

35,777

35,116

33,933

33,373

33,227

32,420

32,309

31,592

32,350

35,306

30,932

31,326

30,920

31,785

29,809

28,705

28,452

28,330

28,154

28,010

29,499

28,996

Provision for Loan and Lease Losses

24,469

-

-

-

-128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for Loan and Lease Losses

-

-

1,524

1,633

-

3,403

1,890

1,733

1,997

527

934

1,322

194

572

781

2,957

1,236

1,850

1,706

1,218

597

853

-192

158

-982

586

1,128

-2,876

78

1,168

232

1,585

664

2,282

-3,520

1,151

1,515

2,453

6,107

Interest Income (Expense), after Provision for Loan Loss, Total

39,865

63,928

65,266

64,552

66,878

62,742

65,701

62,085

60,894

42,965

41,763

41,004

40,059

38,395

36,950

33,775

34,886

33,927

33,410

32,715

32,776

32,374

32,612

32,151

32,574

31,764

34,178

33,808

31,248

29,752

31,553

28,224

28,041

26,170

31,850

27,003

26,495

27,046

22,889

Noninterest Income [Abstract]
Gain (Loss) On Sale Of Securities, Net

169

57

15

5

0

45

82

0

63

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities gains

-

-

-

-

-

-

-

-

-

-

0

1,273

2

-

0

150

1,769

16

1

19

0

-3

8

0

0

-3

0

62

56

0

296

90

73

9

231

32

20

25

95

Total other-than-temporary impairment ("OTTI") losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

188

-23

8

-64

-245

-76

43

100

334

834

Portion of OTTI losses recognized in other comprehensive income, before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

36

0

41

-59

46

-745

Net OTTI recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

23

8

64

152

-76

43

41

380

89

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

2,140

2,017

1,964

-

2,035

1,956

1,903

1,950

1,936

1,839

1,882

2,135

2,226

2,089

1,972

2,143

2,171

2,150

2,069

2,197

2,230

2,283

2,200

2,394

2,444

2,437

2,252

2,567

2,791

Mortgage Banking Income

-

-

-

-

-

-

-

-

-

-

632

840

608

-

1,129

1,106

535

548

566

822

1,178

512

596

570

316

356

-26

1,237

1,527

1,738

1,981

1,288

1,025

824

1,141

808

455

1,516

806

Wealth management income

-

-

-

-

-

-

-

-

-

-

4,864

4,744

4,484

-

4,347

4,448

4,405

4,891

4,963

5,161

4,916

4,905

4,974

4,741

4,466

4,508

4,503

4,532

4,042

-

3,858

4,034

-

-

-

-

3,645

2,505

2,534

Wealth management income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,057

-

3,937

4,023

-

782

941

Insurance Commissions and Fees

2,129

1,331

2,116

1,265

1,900

1,138

2,016

1,180

1,824

1,307

1,950

1,222

1,752

1,228

1,786

949

1,445

1,029

1,648

881

1,618

985

1,410

961

1,640

1,243

1,193

1,036

1,349

1,334

1,020

934

1,202

1,473

1,044

953

1,180

978

928

Bank Owned Life Insurance Income

645

660

662

654

1,189

663

663

670

2,331

595

609

605

594

616

616

615

615

634

618

606

713

627

611

608

598

635

629

623

612

662

660

660

634

674

662

654

646

709

703

Bank card fees

-

-

-

-

-

-

-

-

-

-

1,211

1,253

1,145

-

1,189

1,220

1,089

1,177

1,198

1,220

1,057

1,144

1,148

1,169

978

1,052

1,077

1,079

957

1,043

984

962

898

927

927

949

834

843

855

Noninterest Income, Other Operating Income

1,653

2,743

1,901

1,914

2,222

1,735

1,504

1,884

2,003

1,291

1,340

1,617

2,083

1,368

1,482

2,307

1,602

1,998

1,460

1,561

1,795

1,033

1,617

1,556

1,279

1,720

1,676

1,496

1,807

1,287

1,236

1,250

949

1,028

1,026

989

1,001

994

1,110

Noninterest Income, Total

18,168

19,224

18,573

16,556

16,969

14,030

15,033

14,868

17,118

12,294

12,746

13,571

12,632

12,344

12,584

12,751

13,363

12,243

12,390

12,109

13,159

11,338

12,590

11,694

11,249

11,654

11,223

12,215

12,419

12,247

12,242

11,493

10,974

11,370

11,336

10,802

9,992

10,539

10,674

Noninterest Expense [Abstract]
Labor and Related Expense

28,053

26,251

26,234

25,489

25,976

23,934

24,488

24,664

23,912

18,607

18,442

18,282

17,801

18,055

17,848

17,221

18,230

18,437

17,733

17,534

17,299

16,793

16,765

16,474

16,355

16,707

16,382

16,163

16,346

15,405

15,476

15,927

15,701

15,433

14,892

14,676

14,624

13,841

14,181

Occupancy Net

4,581

4,663

4,816

4,760

5,231

4,413

4,355

4,642

4,942

3,146

3,294

3,211

3,402

3,195

3,130

3,162

3,473

3,061

3,086

3,173

3,489

3,914

3,032

3,274

3,472

3,844

3,149

2,996

3,182

3,115

3,106

2,943

2,846

2,802

2,784

2,790

3,143

2,826

2,709

Equipment Expense

2,751

2,791

2,641

2,712

2,576

2,426

2,441

2,243

2,225

1,802

1,722

1,767

1,724

1,781

1,745

1,693

1,664

1,608

1,600

1,490

1,373

1,333

1,337

1,262

1,256

1,264

1,200

1,227

1,249

1,189

1,237

1,255

1,190

1,292

1,143

1,128

1,142

1,137

1,304

Marketing Expense

1,189

1,085

1,541

887

943

1,061

770

945

1,148

896

784

776

663

880

628

662

681

735

688

942

531

838

744

802

542

897

713

755

515

827

764

565

495

727

468

709

485

589

573

Information Technology and Data Processing

1,582

1,854

1,973

1,962

1,778

1,763

1,736

1,707

1,397

1,441

1,286

1,367

1,392

1,310

1,349

1,355

1,363

1,331

1,329

1,102

1,261

1,284

1,231

1,216

1,216

1,162

1,152

1,114

1,152

836

1,076

1,828

1,279

1,092

1,073

999

995

966

918

Federal Deposit Insurance Corporation Premium Expense

482

123

-83

1,084

1,136

1,255

1,257

1,390

1,193

827

850

823

805

729

726

649

637

641

565

654

631

615

594

573

520

445

678

581

596

601

667

653

652

698

709

736

1,044

1,056

1,186

Amortization Of Intangible Assets

600

481

491

483

491

540

540

541

541

25

25

25

26

36

34

28

32

52

107

106

107

112

115

224

370

461

462

461

461

478

476

466

461

461

461

462

461

495

496

Litigation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4,386

155

162

200

155

236

6,128

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger and acquisition expenses

1,454

948

364

0

0

0

580

2,228

8,958

2,920

345

987

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Professional Fees

1,826

2,553

1,546

1,634

1,245

1,966

1,351

1,699

1,040

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other Noninterest Expense

5,228

5,332

5,402

4,876

4,816

5,309

4,875

5,023

4,285

903

4,443

5,630

4,168

4,558

3,866

6,101

6,237

5,517

4,367

4,314

4,353

5,434

4,578

4,188

3,818

4,520

3,157

4,211

4,322

4,768

4,365

5,221

4,059

4,818

4,318

4,338

4,168

4,230

3,391

Noninterest Expense, Total

47,746

46,081

44,925

43,887

44,192

42,667

42,393

45,082

49,641

35,059

31,191

32,868

29,981

30,544

29,326

30,871

32,317

26,996

29,630

29,477

29,244

30,478

28,632

34,141

27,549

29,300

26,893

27,508

27,823

27,219

27,167

28,858

26,683

27,323

25,848

25,838

26,062

25,140

24,758

Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest, Total

10,287

37,071

38,914

37,221

39,655

34,105

38,341

31,871

28,371

20,200

23,318

21,707

22,710

20,195

20,208

15,655

15,932

19,174

16,170

15,347

16,691

13,234

16,570

9,704

16,274

14,118

18,508

18,515

15,844

14,780

16,628

10,859

12,332

10,217

17,338

11,967

10,425

12,445

8,805

Income Tax Expense (Benefit)

300

8,614

9,531

8,945

9,338

8,539

9,107

7,472

6,706

11,933

8,229

6,966

7,598

6,879

6,734

5,008

5,119

6,372

5,175

5,014

5,466

4,086

5,428

2,722

5,346

4,505

6,419

6,353

5,286

4,899

5,638

3,652

3,856

2,959

6,081

3,671

3,134

3,961

2,546

Net Income (Loss) Attributable to Parent, Total

9,987

28,457

29,383

28,276

30,317

25,566

29,234

24,399

21,665

8,267

15,089

14,741

15,112

13,316

13,474

10,647

10,813

12,802

10,995

10,333

11,225

9,148

11,142

6,982

10,928

9,613

12,089

12,162

10,558

9,881

10,990

7,207

8,476

7,258

11,257

8,296

7,291

8,484

6,259

Net Inocme Per Common Share [Abstract]
Preferred stock dividends and discount accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,074

1,203

Net income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,410

5,056

Earnings Per Share, Basic, Total

0.29

0.79

0.82

0.79

0.85

0.71

0.82

0.68

0.61

0.34

0.62

0.61

0.63

0.54

0.56

0.45

0.45

0.52

0.45

0.42

0.45

0.37

0.44

0.28

0.44

0.39

0.48

0.49

0.42

0.40

0.44

0.30

0.35

0.31

0.47

0.34

0.30

0.35

0.26

Basic net income per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.27

0.21

Earnings Per Share, Diluted, Total

0.28

0.79

0.82

0.79

0.85

0.71

0.82

0.68

0.61

0.34

0.62

0.61

0.63

0.55

0.56

0.44

0.45

0.52

0.45

0.42

0.45

0.37

0.44

0.28

0.43

0.38

0.48

0.49

0.42

0.39

0.44

0.30

0.35

0.30

0.47

0.34

0.30

0.35

0.26

Diluted net income per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.27

0.21

Common Stock, Dividends, Per Share, Declared

0.30

0.30

0.30

0.30

0.28

0.28

0.28

0.28

0.26

0.26

0.26

0.26

0.26

0.26

0.24

0.24

0.24

0.24

0.22

0.22

0.22

0.20

0.20

0.18

0.18

0.18

0.16

0.16

0.14

0.14

0.12

0.12

0.10

0.10

0.08

0.08

0.08

0.01

0.01

Service charges on deposit accounts [Member]
Fees, comminssions and banking services

2,253

2,427

2,516

2,442

2,307

2,459

2,316

2,290

2,259

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking activities [Member]
Fees, comminssions and banking services

3,033

4,170

4,408

3,270

2,863

1,130

1,672

2,064

2,207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Wealth managment [Member]
Fees, comminssions and banking services

6,966

6,401

5,493

5,539

5,236

5,492

5,344

5,387

5,061

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank card fees [member]
Fees, comminssions and banking services

1,320

1,435

1,462

1,467

1,252

1,368

1,436

1,393

1,370

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-