SANDY SPRING BANCORP, INC. SASR Income Statement

Sandy spring bancorp, inc. (SASR)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest and Dividend Income Operating [Abstract]
Interest and Fee Income, Loans and Leases Held-in-portfolio
312,035	316,550	317,109	314,728	305,936	293,131	260,280	227,385	199,460	172,091	166,371	160,704	154,885	150,868	146,874	143,134	139,237	135,170	131,553	128,099	125,774	123,369	121,913	123,962	122,468	122,380	121,347	118,965	118,091	115,574	112,922	109,016	107,494	107,355	109,681	112,174	0	0	0
Interest and Fee Income, Loans and Leases Held-for-sale, Total
1,706	1,607	1,407	1,171	1,069	1,245	989	772	565	279	366	343	335	387	416	534	602	544	523	390	329	312	302	397	635	929	1,092	1,164	1,045	841	776	670	604	577	536	486	0	0	0
Interest Income, Deposits with Financial Institutions, Total
2,115	2,129	1,627	1,055	1,141	1,304	1,203	1,100	677	410	346	287	250	213	185	161	129	98	88	87	87	85	85	83	85	84	93	109	109	111	98	83	80	77	123	163	0	0	0
Interest and Dividend Income Securities By Taxable Status [Abstract]
Interest Income, Securities, Operating, Taxable
22,186	21,739	21,521	21,412	21,099	20,516	18,606	16,904	15,375	13,881	13,323	12,536	11,822	11,500	12,165	13,139	14,149	14,440	14,697	14,812	14,838	15,377	15,928	16,774	16,817	16,635	16,553	16,199	16,942	17,951	19,123	20,612	21,599	22,096	23,118	23,723	0	0	0
Interest Income, Securities, Operating, Tax Exempt
5,496	5,834	6,411	6,995	7,493	7,855	8,036	8,168	8,232	8,111	7,940	7,751	7,561	7,583	7,744	7,876	7,774	8,059	8,350	8,657	9,159	9,222	9,271	9,313	9,312	9,318	9,355	9,318	9,346	9,392	9,455	9,502	9,557	9,363	8,669	8,085	0	0	0
Interest Income, Federal Funds Sold
6	10	11	17	23	31	37	37	36	27	20	13	8	5	3	3	2	1	1	0	0	-	0	-	-	-	-	-	-	-	0	0	-	2	2	0	0	0	-
Interest and Dividend Income, Operating, Total
343,544	347,869	348,086	345,378	336,761	324,082	289,151	254,366	224,345	194,799	188,366	181,634	174,861	170,556	167,387	164,847	161,893	158,312	155,213	152,046	150,188	148,366	147,500	150,530	149,318	149,347	148,440	145,755	145,534	143,870	142,376	139,885	139,335	139,470	142,129	144,633	0	0	0
Interest Expense [Abstract]
Interest Expense, Deposits, Total
60,719	61,681	59,514	53,955	46,660	39,139	30,627	23,555	17,727	13,256	11,367	9,794	8,812	8,161	7,691	7,195	6,521	5,878	5,399	4,975	4,801	4,791	4,815	4,965	5,168	5,439	5,859	6,324	6,799	7,357	8,036	8,986	10,102	11,002	12,556	14,351	0	0	0
Interest Expense, Federal Funds Purchased and Securities Sold under Agreements to Repurchase, Total
1,343	1,161	1,515	1,641	1,459	1,169	698	398	369	337	316	307	300	290	288	283	271	255	226	199	176	164	154	151	152	163	172	179	192	204	215	218	220	212	216	232	0	0	0
Interest Expense Federal Home Loan Bank and Federal Reserve Bank Advances Long Term
13,659	16,578	19,240	21,159	22,394	21,408	18,598	16,565	14,375	12,426	12,183	11,774	11,365	11,610	12,119	12,692	13,219	13,081	13,047	13,033	13,000	12,982	12,978	12,975	12,931	12,936	13,026	13,370	13,767	14,131	14,400	14,429	14,433	14,397	14,445	14,470	0	0	0
Interest Expense Subordinated Notes and Debentures
4,931	3,141	1,947	1,952	1,944	1,921	1,436	950	468	12	257	482	701	943	927	930	934	899	892	886	882	881	882	882	887	895	899	919	936	959	974	956	939	913	919	921	0	0	0
Interest Expense, Total
80,652	82,561	82,216	78,707	72,457	63,637	51,359	41,468	32,939	26,031	24,123	22,357	21,178	21,004	21,025	21,100	20,945	20,113	19,564	19,093	18,859	18,818	18,829	18,973	19,138	19,433	19,956	20,792	21,694	22,651	23,625	24,589	25,694	26,524	28,136	29,974	0	0	0
Interest Income (Expense), Net, Total
262,892	265,308	265,870	266,671	264,304	260,445	237,792	212,898	191,406	168,768	164,243	159,277	153,683	149,552	146,362	143,747	140,948	138,199	135,649	132,953	131,329	129,548	128,671	131,557	130,180	129,914	128,484	124,963	123,840	121,219	118,751	115,296	113,641	112,946	113,993	114,659	0	0	0
Provision for Loan and Lease Losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for Loan and Lease Losses
-	-	6,432	6,798	-	9,023	6,147	5,191	4,780	2,977	3,022	2,869	4,504	5,546	6,824	7,749	6,010	5,371	4,374	2,476	1,416	-163	-430	890	-2,144	-1,084	-502	-1,398	3,063	3,649	4,763	1,011	577	1,428	1,599	11,226	0	0	0
Interest Income (Expense), after Provision for Loan Loss, Total
233,611	260,624	259,438	259,873	257,406	251,422	231,645	207,707	186,626	165,791	161,221	156,408	149,179	144,006	139,538	135,998	134,938	132,828	131,275	130,477	129,913	129,711	129,101	130,667	132,324	130,998	128,986	126,361	120,777	117,570	113,988	114,285	113,064	111,518	112,394	103,433	0	0	0
Noninterest Income [Abstract]
Gain (Loss) On Sale Of Securities, Net
246	77	65	132	127	190	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment securities gains
-	-	-	-	-	-	-	-	-	-	1,288	1,288	165	-	1,935	1,936	1,805	36	17	24	5	5	5	-3	59	115	118	414	442	459	468	403	345	292	308	172	0	0	0
Total other-than-temporary impairment ("OTTI") losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109	-324	-377	-342	-178	401	1,311	0	0	0
Portion of OTTI losses recognized in other comprehensive income, before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	36	36	77	18	28	-717	0	0	0
Net OTTI recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	109	247	148	183	160	388	553	0	0	0
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	8,180	8,075	8,014	-	7,844	7,745	7,628	7,607	7,792	8,082	8,332	8,422	8,430	8,375	8,436	8,533	8,587	8,646	8,779	8,910	9,107	9,321	9,475	9,527	9,700	10,047	0	0	0
Mortgage Banking Income
-	-	-	-	-	-	-	-	-	-	3,359	3,856	4,122	-	3,318	2,755	2,471	3,114	3,078	3,108	2,856	1,994	1,838	1,216	1,883	3,094	4,476	6,483	6,534	6,032	5,118	4,278	3,798	3,228	3,920	3,585	0	0	0
Wealth management income
-	-	-	-	-	-	-	-	-	-	18,697	18,180	17,884	-	18,091	18,707	19,420	19,931	19,945	19,956	19,536	19,086	18,689	18,218	18,009	17,585	16,935	16,466	15,934	-	15,886	16,051	-	-	-	-	0	0	0
Wealth management income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	0	0
Insurance Commissions and Fees
6,841	6,612	6,419	6,319	6,234	6,158	6,327	6,261	6,303	6,231	6,152	5,988	5,715	5,408	5,209	5,071	5,003	5,176	5,132	4,894	4,974	4,996	5,254	5,037	5,112	4,821	4,912	4,739	4,637	4,490	4,629	4,653	4,672	4,650	4,155	4,039	0	0	0
Bank Owned Life Insurance Income
2,621	3,165	3,168	3,169	3,185	4,327	4,259	4,205	4,140	2,403	2,424	2,431	2,441	2,462	2,480	2,482	2,473	2,571	2,564	2,557	2,559	2,444	2,452	2,470	2,485	2,499	2,526	2,557	2,594	2,616	2,628	2,630	2,624	2,636	2,671	2,712	0	0	0
Bank card fees
-	-	-	-	-	-	-	-	-	-	4,785	4,763	4,730	-	4,675	4,684	4,684	4,652	4,619	4,569	4,518	4,439	4,347	4,276	4,186	4,165	4,156	4,063	3,946	3,887	3,771	3,714	3,701	3,637	3,553	3,481	0	0	0
Noninterest Income, Other Operating Income
8,211	8,780	7,772	7,375	7,345	7,126	6,682	6,518	6,251	6,331	6,408	6,550	7,240	6,759	7,389	7,367	6,621	6,814	5,849	6,006	6,001	5,485	6,172	6,231	6,171	6,699	6,266	5,826	5,580	4,722	4,463	4,253	3,992	4,044	4,010	4,094	0	0	0
Noninterest Income, Total
72,521	71,322	66,128	62,588	60,900	61,049	59,313	57,026	55,729	51,243	51,293	51,131	50,311	51,042	50,941	50,747	50,105	49,901	48,996	49,196	48,781	46,871	47,187	45,820	46,341	47,511	48,104	49,123	48,401	46,956	46,079	45,173	44,482	43,500	42,669	42,007	0	0	0
Noninterest Expense [Abstract]
Labor and Related Expense
106,027	103,950	101,633	99,887	99,062	96,998	91,671	85,625	79,243	73,132	72,580	71,986	70,925	71,354	71,736	71,621	71,934	71,003	69,359	68,391	67,331	66,387	66,301	65,918	65,607	65,598	64,296	63,390	63,154	62,509	62,537	61,953	60,702	59,625	58,033	57,322	0	0	0
Occupancy Net
18,820	19,470	19,220	18,759	18,641	18,352	17,085	16,024	14,593	13,053	13,102	12,938	12,889	12,960	12,826	12,782	12,793	12,809	13,662	13,608	13,709	13,692	13,622	13,739	13,461	13,171	12,442	12,399	12,346	12,010	11,697	11,375	11,222	11,519	11,543	11,468	0	0	0
Equipment Expense
10,895	10,720	10,355	10,155	9,686	9,335	8,711	7,992	7,516	7,015	6,994	7,017	6,943	6,883	6,710	6,565	6,362	6,071	5,796	5,533	5,305	5,188	5,119	4,982	4,947	4,940	4,865	4,902	4,930	4,871	4,974	4,880	4,753	4,705	4,550	4,711	0	0	0
Marketing Expense
4,702	4,456	4,432	3,661	3,719	3,924	3,759	3,773	3,604	3,119	3,103	2,947	2,833	2,851	2,706	2,766	3,046	2,896	2,999	3,055	2,915	2,926	2,985	2,954	2,907	2,880	2,810	2,861	2,671	2,651	2,551	2,255	2,399	2,389	2,251	2,356	0	0	0
Information Technology and Data Processing
7,371	7,567	7,476	7,239	6,984	6,603	6,281	5,831	5,491	5,486	5,355	5,418	5,406	5,377	5,398	5,378	5,125	5,023	4,976	4,878	4,992	4,947	4,825	4,746	4,644	4,580	4,254	4,178	4,892	5,019	5,275	5,272	4,443	4,159	4,033	3,878	0	0	0
Federal Deposit Insurance Corporation Premium Expense
1,606	2,260	3,392	4,732	5,038	5,095	4,667	4,260	3,693	3,305	3,207	3,083	2,909	2,741	2,653	2,492	2,497	2,491	2,465	2,494	2,413	2,302	2,132	2,216	2,224	2,300	2,456	2,445	2,517	2,573	2,670	2,712	2,795	3,187	3,545	4,022	0	0	0
Amortization Of Intangible Assets
2,055	1,946	2,005	2,054	2,112	2,162	1,647	1,132	616	101	112	121	124	130	146	219	297	372	432	440	558	821	1,170	1,517	1,754	1,845	1,862	1,876	1,881	1,881	1,864	1,849	1,845	1,845	1,879	1,914	0	0	0
Litigation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,869	672	753	6,719	6,519	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger and acquisition expenses
2,766	1,312	364	580	2,808	11,766	14,686	14,451	13,210	4,252	1,332	987	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional Fees
7,559	6,978	6,391	6,196	6,261	6,056	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Noninterest Expense
20,838	20,426	20,403	19,876	20,023	19,492	15,086	14,654	15,261	15,144	18,799	18,222	18,693	20,762	21,721	22,222	20,435	18,551	18,468	18,679	18,553	18,018	17,104	15,683	15,706	16,210	16,458	17,666	18,676	18,413	18,463	18,416	17,533	17,642	17,054	16,127	0	0	0
Noninterest Expense, Total
182,639	179,085	175,671	173,139	174,334	179,783	172,175	160,973	148,759	129,099	124,584	122,719	120,722	123,058	119,510	119,814	118,420	115,347	118,829	117,831	122,495	120,800	119,622	117,883	111,250	111,524	109,443	109,717	111,067	109,927	110,031	108,712	105,692	105,071	102,888	101,798	0	0	0
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest, Total
123,493	152,861	149,895	149,322	143,972	132,688	118,783	103,760	93,596	87,935	87,930	84,820	78,768	71,990	70,969	66,931	66,623	67,382	61,442	61,842	56,199	55,782	56,666	58,604	67,415	66,985	67,647	65,767	58,111	54,599	50,036	50,746	51,854	49,947	52,175	43,642	0	0	0
Income Tax Expense (Benefit)
27,390	36,428	36,353	35,929	34,456	31,824	35,218	34,340	33,834	34,726	29,672	28,177	26,219	23,740	23,233	21,674	21,680	22,027	19,741	19,994	17,702	17,582	18,001	18,992	22,623	22,563	22,957	22,176	19,475	18,045	16,105	16,548	16,567	15,845	16,847	13,312	0	0	0
Net Income (Loss) Attributable to Parent, Total
96,103	116,433	113,542	113,393	109,516	100,864	83,565	69,420	59,762	53,209	58,258	56,643	52,549	48,250	47,736	45,257	44,943	45,355	41,701	41,848	38,497	38,200	38,665	39,612	44,792	44,422	44,690	43,591	38,636	36,554	33,931	34,198	35,287	34,102	35,328	30,330	0	0	0
Net Inocme Per Common Share [Abstract]
Preferred stock dividends and discount accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net income available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
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
9,638	9,692	9,724	9,524	9,372	9,324	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage banking activities [Member]
Fees, comminssions and banking services
14,881	14,711	11,671	8,935	7,729	7,073	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth managment [Member]
Fees, comminssions and banking services
24,399	22,669	21,760	21,611	21,459	21,284	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank card fees [member]
Fees, comminssions and banking services
5,684	5,616	5,549	5,523	5,449	5,567	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-