2023 Q4 Form 10-Q Financial Statement

#000105044123000147 Filed on November 08, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $161.1M
YoY Change 44.49%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $880.0K $800.0K
YoY Change 5.26% -3.15%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $90.43M
YoY Change 227.29%
% of Operating Profit
Other Income/Expense, Net $3.523M
YoY Change 11.91%
Pretax Income $24.89M $34.63M
YoY Change -52.42% -29.62%
Income Tax $4.667M $7.245M
% Of Pretax Income 18.75% 20.92%
Net Earnings $20.23M $27.38M
YoY Change -52.07% -26.58%
Net Earnings / Revenue 16.99%
Basic Earnings Per Share $0.91
Diluted Earnings Per Share $0.67 $0.91
COMMON SHARES
Basic Shares Outstanding 29.93M shares 29.91M shares
Diluted Shares Outstanding 29.94M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $722.7M $258.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $29.32M $11.22M
YoY Change -22.89% -71.75%
Goodwill $104.2M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $86.62M $99.00M
YoY Change -10.3% -12.31%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $11.66B $11.16B
YoY Change 4.61% 4.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $23.24M $24.00M
YoY Change -20.6% -22.17%
Deferred Revenue
YoY Change
Short-Term Debt $30.59M $26.00M
YoY Change -96.97% 21.13%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $53.83M $50.00M
YoY Change 83.91% 62.14%
LONG-TERM LIABILITIES
Long-Term Debt $69.92M $70.00M
YoY Change 0.18% 0.34%
Other Long-Term Liabilities $158.5M $152.0M
YoY Change 58.17% 63.69%
Total Long-Term Liabilities $158.5M $222.0M
YoY Change -6.77% 36.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.83M $50.00M
Total Long-Term Liabilities $158.5M $222.0M
Total Liabilities $10.39B $9.948B
YoY Change 4.71% 4.79%
SHAREHOLDERS EQUITY
Retained Earnings $1.061B $1.055B
YoY Change 4.55% 6.84%
Common Stock $296.0K $296.0K
YoY Change -4.52% -6.92%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.274B $1.216B
YoY Change
Total Liabilities & Shareholders Equity $11.66B $11.16B
YoY Change 4.61% 4.21%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $20.23M $27.38M
YoY Change -52.07% -26.58%
Depreciation, Depletion And Amortization $880.0K $800.0K
YoY Change 5.26% -3.15%
Cash From Operating Activities $56.63M $47.50M
YoY Change 2.44% 207.05%
INVESTING ACTIVITIES
Capital Expenditures -$230.0K $100.0K
YoY Change -138.66% -111.95%
Acquisitions
YoY Change
Other Investing Activities -$14.83M -$74.00M
YoY Change -94.37% -29.29%
Cash From Investing Activities -$14.60M -$74.10M
YoY Change -94.47% -29.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 422.6M 96.80M
YoY Change 12.28% -150.69%
NET CHANGE
Cash From Operating Activities 56.63M 47.50M
Cash From Investing Activities -14.60M -74.10M
Cash From Financing Activities 422.6M 96.80M
Net Change In Cash 464.6M 70.20M
YoY Change 177.09% -124.98%
FREE CASH FLOW
Cash From Operating Activities $56.63M $47.50M
Capital Expenditures -$230.0K $100.0K
Free Cash Flow $56.86M $47.40M
YoY Change 3.98% 190.67%

Facts In Submission

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<div style="margin-top:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Nature of Operations</span></div><div style="margin-top:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company, through the Bank, conducts a full service community banking business, primarily in Northern Virginia, Suburban Maryland, and Washington, D.C. The primary financial services offered by the Bank include real estate, commercial and consumer lending, as well as traditional deposit and repurchase agreement products. The Bank is also active in the origination of small business loans, and the origination, securitization and sale of multifamily Federal Housing Administration ("FHA") loans. The guaranteed portion of small business loans, guaranteed by the Small Business Administration ("SBA"), is typically sold to third party investors in a transaction apart from the loan's origination. </span></div><div style="margin-top:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Bank offers its products and services through thirteen banking offices, four lending centers and various digital capabilities, including remote deposit services and mobile banking services. During the nine months ended September 30, 2023, the Company closed three branches following the leases' expiration. Landroval Municipal Finance, Inc., a subsidiary of the Bank, focuses on lending to municipalities by buying debt on the public market as well as direct purchase issuance. </span></div><div style="margin-top:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The Company commenced the cessation of first lien residential mortgage origination for secondary sale during the three months ended March 31, 2023. The Company has completed residual origination and sales activities as of June 30, 2023.</span></div>
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DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
1244000 usd
us-gaap Debt Securities Held To Maturity Credit Loss Expense Reversal
DebtSecuritiesHeldToMaturityCreditLossExpenseReversal
800000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
0 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
0 usd
us-gaap Debt Securities Available For Sale Allowance For Credit Loss Not To Sell Before Recovery Credit Loss Previously Recorded Expense Reversal
DebtSecuritiesAvailableForSaleAllowanceForCreditLossNotToSellBeforeRecoveryCreditLossPreviouslyRecordedExpenseReversal
0 usd
CY2022Q3 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
3022000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
17046000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
730000 usd
us-gaap Average Collected Cash Balances With Commercial Banks Federal Home Loan Bank
AverageCollectedCashBalancesWithCommercialBanksFederalHomeLoanBank
892800000 usd
us-gaap Average Collected Cash Balances With Commercial Banks Federal Home Loan Bank
AverageCollectedCashBalancesWithCommercialBanksFederalHomeLoanBank
1400000000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1700233000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
225272000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
17000 usd
CY2023Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1474945000 usd
CY2023Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1034495000 usd
CY2023Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2828000 usd
CY2023Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
164613000 usd
CY2023Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
872710000 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2010000 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
1032485000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1803898000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
63000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
205278000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
17000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1598666000 usd
CY2022Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1094140000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
0 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
125433000 usd
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
968707000 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
766000 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
1093374000 usd
CY2023Q3 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
25700000 usd
CY2022Q4 us-gaap Federal Home Loan Bank Stock And Federal Reserve Bank Stock
FederalHomeLoanBankStockAndFederalReserveBankStock
65100000 usd
egbn Real Estate Owned Realized Gain Loss On Transfer To Real Estate Owned
RealEstateOwnedRealizedGainLossOnTransferToRealEstateOwned
0 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestBeforeAllowanceForCreditLoss
3600000 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Accrued Interest Before Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAccruedInterestBeforeAllowanceForCreditLoss
3500000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
251 security
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
485502000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
59495000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
985946000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
165777000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1471448000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
225272000 usd
CY2023Q3 egbn Debt Securities Held To Maturity Unrealized Loss Position Number Of Positions
DebtSecuritiesHeldToMaturityUnrealizedLossPositionNumberOfPositions
230 security
CY2023Q3 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Estimated Fair Value
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsEstimatedFairValue
29443000 usd
CY2023Q3 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Unrecognized Loss
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsUnrecognizedLoss
3596000 usd
CY2023Q3 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Estimated Fair Value
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerEstimatedFairValue
826433000 usd
CY2023Q3 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Unrecognized Loss
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerUnrecognizedLoss
161017000 usd
CY2023Q3 egbn Debt Securities Held To Maturity Continuous Unrealized Position Fair Value
DebtSecuritiesHeldToMaturityContinuousUnrealizedPositionFairValue
855876000 usd
CY2023Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
164613000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
260 security
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
495164000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
58439000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
1093919000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
146839000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1589083000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
205278000 usd
CY2022Q4 egbn Debt Securities Held To Maturity Unrealized Loss Position Number Of Positions
DebtSecuritiesHeldToMaturityUnrealizedLossPositionNumberOfPositions
232 security
CY2022Q4 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Estimated Fair Value
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsEstimatedFairValue
23881000 usd
CY2022Q4 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position Less Than12 Months Unrecognized Loss
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPositionLessThan12MonthsUnrecognizedLoss
3228000 usd
CY2022Q4 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Estimated Fair Value
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerEstimatedFairValue
932753000 usd
CY2022Q4 egbn Debt Securities Held To Maturity Continuous Unrealized Loss Position12 Months Or Longer Unrecognized Loss
DebtSecuritiesHeldToMaturityContinuousUnrealizedLossPosition12MonthsOrLongerUnrecognizedLoss
122205000 usd
CY2022Q4 egbn Debt Securities Held To Maturity Continuous Unrealized Position Fair Value
DebtSecuritiesHeldToMaturityContinuousUnrealizedPositionFairValue
956634000 usd
CY2022Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
125433000 usd
us-gaap Debt Securities Held To Maturity Allowance For Credit Loss Period Increase Decrease
DebtSecuritiesHeldToMaturityAllowanceForCreditLossPeriodIncreaseDecrease
-1200000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
17000 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2000000 usd
CY2023Q3 egbn Debt Securities Percentage
DebtSecuritiesPercentage
1
egbn Debt Securities Weighted Average Duration
DebtSecuritiesWeightedAverageDuration
P4Y7M2D
CY2023Q3 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
17000 usd
CY2023Q3 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1700233000 usd
CY2023Q3 egbn Available For Sale Securities After Adjustments
AvailableForSaleSecuritiesAfterAdjustments
1474945000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1803898000 usd
CY2022Q4 egbn Available For Sale Securities After Adjustments
AvailableForSaleSecuritiesAfterAdjustments
1598666000 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
2010000 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAllowanceForCreditLoss
766000 usd
CY2023Q3 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
1032485000 usd
CY2023Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
872710000 usd
CY2022Q4 us-gaap Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
1093374000 usd
CY2022Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
968707000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
2732718000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
2347655000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss
2897272000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale And Held To Maturity Fair Value
DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue
2567373000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
5000 usd
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
126000 usd
CY2022Q3 us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
4000 usd
us-gaap Debt Securities Available For Sale Realized Gain
DebtSecuritiesAvailableForSaleRealizedGain
16000 usd
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
-140000 usd
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
187000 usd
CY2023Q3 us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
0 usd
CY2023Q3 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
2600000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
11200000 usd
CY2022Q3 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
6200000 usd
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
26200000 usd
CY2022Q4 egbn Percent Of Holdings Of Any One Issuer
PercentOfHoldingsOfAnyOneIssuer
0.10
CY2023Q3 egbn Percent Of Holdings Of Any One Issuer
PercentOfHoldingsOfAnyOneIssuer
0.10
CY2023Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
7916391000 usd
CY2023Q3 egbn Financing Receivable Percent
FinancingReceivablePercent
1
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
7635632000 usd
CY2022Q4 egbn Financing Receivable Percent
FinancingReceivablePercent
1
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74444000 usd
CY2023Q3 us-gaap Notes Receivable Net
NotesReceivableNet
7833059000 usd
CY2022Q4 us-gaap Notes Receivable Net
NotesReceivableNet
7561188000 usd
CY2023Q3 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
27400000 usd
CY2022Q4 us-gaap Financing Receivable Deferred Income
FinancingReceivableDeferredIncome
29200000 usd
CY2023Q3 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
315900000 usd
CY2022Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
361500000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
78029000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
467000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
127000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
340000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
5643000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
83332000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74444000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7320000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
406000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
6914000 usd
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
15802000 usd
CY2023Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
83332000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
72665000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
123000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
179000 usd
CY2022Q3 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
-56000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
3046000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
75767000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
74965000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2304000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery
-270000 usd
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
532000 usd
CY2022Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
75767000 usd
CY2023Q3 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
2424076000 usd
CY2023Q3 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
661357000 usd
CY2023Q3 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
569241000 usd
CY2023Q3 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1224060000 usd
CY2023Q3 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1324129000 usd
CY2023Q3 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
597839000 usd
CY2023Q3 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1084566000 usd
CY2023Q3 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
31123000 usd
CY2023Q3 us-gaap Notes Receivable Gross
NotesReceivableGross
7916391000 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
6377000 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Four Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedFourYearsBeforeLatestFiscalYear
0 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Three Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedThreeYearsBeforeLatestFiscalYear
0 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Two Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedTwoYearsBeforeLatestFiscalYear
0 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedInFiscalYearBeforeLatestFiscalYear
0 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Originated In Current Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedInCurrentFiscalYear
0 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Revolving
FinancingReceivableAllowanceForCreditLossesWriteOffsRevolving
0 usd
egbn Financing Receivable Allowance For Credit Losses Write Offs Revolving Converted To Term Loan
FinancingReceivableAllowanceForCreditLossesWriteOffsRevolvingConvertedToTermLoan
943000 usd
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
7320000 usd
CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1906531000 usd
CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
778256000 usd
CY2022Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
763347000 usd
CY2022Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
673719000 usd
CY2022Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1195299000 usd
CY2022Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1139872000 usd
CY2022Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
1154332000 usd
CY2022Q4 us-gaap Financing Receivable Revolving Converted To Term Loan
FinancingReceivableRevolvingConvertedToTermLoan
24272000 usd
CY2022Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
7635632000 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
966000 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Four Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedFourYearsBeforeLatestFiscalYear
746000 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Three Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedThreeYearsBeforeLatestFiscalYear
725000 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Originated Two Years Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedTwoYearsBeforeLatestFiscalYear
0 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedInFiscalYearBeforeLatestFiscalYear
0 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Originated In Current Fiscal Year
FinancingReceivableAllowanceForCreditLossesWriteOffsOriginatedInCurrentFiscalYear
0 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Revolving
FinancingReceivableAllowanceForCreditLossesWriteOffsRevolving
558000 usd
CY2022 egbn Financing Receivable Allowance For Credit Losses Write Offs Revolving Converted To Term Loan
FinancingReceivableAllowanceForCreditLossesWriteOffsRevolvingConvertedToTermLoan
0 usd
CY2022 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2995000 usd
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CY2023Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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TimeDepositAccountsInExcessOf250ThousandThreeMonthsOrLess
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TimeDepositAccountsInExcessOf250ThousandThreeMonthsThrough12Months
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TimeDepositAccountsInExcessOf250ThousandOver12Months
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CY2023Q3 egbn Time Deposits Accounts In Excess Of250 Thousand
TimeDepositsAccountsInExcessOf250Thousand
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CY2023Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2023Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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Files In Submission

Name View Source Status
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