2012 Q4 Form 10-Q Financial Statement

#000119312512460283 Filed on November 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $107.8M $98.70M
YoY Change 9.17%
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 $9.800M $8.300M $5.000M
YoY Change 78.18% 66.0% -21.88%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $14.23M $18.30M
YoY Change -22.27%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $40.20M $42.83M $32.24M
YoY Change 22.56% 32.85% 37.2%
Income Tax $11.20M $12.09M $8.469M
% Of Pretax Income 27.86% 28.23% 26.27%
Net Earnings $29.00M $30.74M $23.77M
YoY Change 22.36% 29.32% 38.22%
Net Earnings / Revenue 28.53% 24.09%
Basic Earnings Per Share $0.22 $0.19
Diluted Earnings Per Share $201.4K $0.22 $0.19
COMMON SHARES
Basic Shares Outstanding 139.8M shares 139.2M shares 126.5M shares
Diluted Shares Outstanding 140.8M shares 127.3M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $239.0M $367.6M $232.7M
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 $140.4M $145.0M $126.0M
YoY Change 7.94% 15.11% 10.53%
Goodwill $675.6M $677.2M
YoY Change 18.84%
Intangibles $37.85M $40.10M
YoY Change 22.29%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $12.02B $11.98B $9.951B
YoY Change 22.86% 20.43% 10.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.083B $1.019B $683.0M
YoY Change 27.23% 49.25% -2.01%
Long-Term Debt Due $135.0M $134.0M $134.0M
YoY Change 0.0% 0.0% 11.67%
Total Short-Term Liabilities $135.0M $134.0M $134.0M
YoY Change 0.0% 0.0% 11.67%
LONG-TERM LIABILITIES
Long-Term Debt $293.0M $294.0M $291.0M
YoY Change 0.34% 1.03% 5.43%
Other Long-Term Liabilities $163.0M $150.0M $124.0M
YoY Change 13.99% 20.97% 18.1%
Total Long-Term Liabilities $456.0M $444.0M $415.0M
YoY Change 4.83% 6.99% 8.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $135.0M $134.0M $134.0M
Total Long-Term Liabilities $456.0M $444.0M $415.0M
Total Liabilities $10.62B $10.59B $8.737B
YoY Change 23.85% 21.21% 10.2%
SHAREHOLDERS EQUITY
Retained Earnings $75.31M $63.30M
YoY Change 128.74%
Common Stock $1.398M $1.397M
YoY Change 10.25%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.018M $4.966M
YoY Change 46.81%
Treasury Stock Shares 385.6K shares 380.3K shares
Shareholders Equity $1.402B $1.395B $1.214B
YoY Change
Total Liabilities & Shareholders Equity $12.02B $11.98B $9.951B
YoY Change 22.86% 20.44% 10.65%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income $29.00M $30.74M $23.77M
YoY Change 22.36% 29.32% 38.22%
Depreciation, Depletion And Amortization $9.800M $8.300M $5.000M
YoY Change 78.18% 66.0% -21.88%
Cash From Operating Activities $64.10M $53.90M $50.70M
YoY Change 70.48% 6.31% 58.44%
INVESTING ACTIVITIES
Capital Expenditures -$4.900M $200.0K -$2.800M
YoY Change -34.67% -107.14% 47.37%
Acquisitions
YoY Change
Other Investing Activities -$194.1M -$121.0M -$54.00M
YoY Change -240.75% 124.07% -0.37%
Cash From Investing Activities -$198.9M -$120.9M -$56.80M
YoY Change -252.41% 112.85% 1.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.300M 211.7M 49.70M
YoY Change -103.28% 325.96% -61.86%
NET CHANGE
Cash From Operating Activities 64.10M 53.90M 50.70M
Cash From Investing Activities -198.9M -120.9M -56.80M
Cash From Financing Activities 6.300M 211.7M 49.70M
Net Change In Cash -128.5M 144.7M 43.60M
YoY Change 442.19% 231.88% -58.95%
FREE CASH FLOW
Cash From Operating Activities $64.10M $53.90M $50.70M
Capital Expenditures -$4.900M $200.0K -$2.800M
Free Cash Flow $69.00M $53.70M $53.50M
YoY Change 52.99% 0.37% 57.82%

Facts In Submission

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FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4717000
CY2012Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
4719000
CY2012Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
17000
CY2012Q3 fnb Fair Value Assets Measured On Recurring Basis
FairValueAssetsMeasuredOnRecurringBasis
1175062000
CY2012Q3 fnb Fair Value Liabilities Measured On Recurring Basis
FairValueLiabilitiesMeasuredOnRecurringBasis
62230000
CY2012Q3 fnb Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
13787000
CY2012Q3 fnb Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Remaining Life
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsWeightedAverageRemainingLife
2.24 Y
CY2012Q3 fnb Credit Score Of Collateralized Mortgage Obligation At Time Of Purchase
CreditScoreOfCollateralizedMortgageObligationAtTimeOfPurchase
724 pure
CY2012Q3 fnb Credit Score Of Collateralized Mortgage Obligations
CreditScoreOfCollateralizedMortgageObligations
718 pure
CY2012Q3 fnb Number Of Supplemental Non Qualified Retirement Plans
NumberOfSupplementalNonQualifiedRetirementPlans
2 pure
CY2012Q3 fnb Number Of Swaps
NumberOfSwaps
243 pure
CY2012Q3 fnb Number Of Swaps With Counterparties
NumberOfSwapsWithCounterparties
243 pure
CY2012Q3 fnb Number Of Unconsolidated Subsidiary Trusts
NumberOfUnconsolidatedSubsidiaryTrusts
4 pure
CY2012Q3 fnb Number Of Pooled Issue Securities
NumberOfPooledIssueSecurities
24 pure
CY2012Q3 fnb Number Of Single Issue Securities
NumberOfSingleIssueSecurities
6 pure
CY2012Q3 fnb Trust Preferred Securities Number Of Issuers Currently Performing
TrustPreferredSecuritiesNumberOfIssuersCurrentlyPerforming
894 pure
CY2012Q3 fnb Impaired Loans Cost To Sell
ImpairedLoansCostToSell
1489000
CY2012Q3 fnb Financing Receivable Recorded Investment30 To89 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment30To89DaysPastDueAndStillAccruing
58341000
CY2012Q3 fnb Pooled Trust Preferred Securities Fair Value
PooledTrustPreferredSecuritiesFairValue
21400000
CY2012Q3 fnb Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
17250000
CY2012Q3 fnb Savings And Negotiable Order Of Withdrawal
SavingsAndNegotiableOrderOfWithdrawal
4764148000
CY2012Q3 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
SecuritiesWithCarryingValuePledgedToSecurePublicDepositsTrustDepositsAndForOtherPurposes
689533000
CY2012Q3 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
133662000
CY2012Q3 fnb Notional Amount Of Other Derivatives Not Designated As Hedging Instruments Of Counterparties
NotionalAmountOfOtherDerivativesNotDesignatedAsHedgingInstrumentsOfCounterparties
790110000
CY2012Q3 fnb Non Performing Assets
NonPerformingAssets
121310000
CY2012Q3 fnb Non Performing Investments
NonPerformingInvestments
2754000
CY2012Q3 fnb Non Performing Loans
NonPerformingLoans
82943000
CY2012Q3 fnb Non Performing Loans And Other Real Estate Owned
NonPerformingLoansAndOtherRealEstateOwned
118556000
CY2012Q3 fnb Non Agency Collateralized Mortgage Obligations Book Value
NonAgencyCollateralizedMortgageObligationsBookValue
18528000
CY2012Q3 fnb Subordinated Notes Long Term
SubordinatedNotesLongTerm
80917000
CY2012Q3 fnb Single Issuer Trust Preferred Securities Fair Value
SingleIssuerTrustPreferredSecuritiesFairValue
7893000
CY2012Q3 fnb Trust Preferred Securities Unrealized Loss
TrustPreferredSecuritiesUnrealizedLoss
14903000
CY2012Q3 fnb Trust Preferred Securities Fair Value
TrustPreferredSecuritiesFairValue
29293000
CY2012Q3 fnb Trust Preferred Securities Amortized Cost
TrustPreferredSecuritiesAmortizedCost
44196000
CY2012Q3 fnb Trust Preferred Securities Current Par Value
TrustPreferredSecuritiesCurrentParValue
107154000
CY2012Q3 fnb Held To Maturity Securities With Contractual Maturities Amortized Cost
HeldToMaturitySecuritiesWithContractualMaturitiesAmortizedCost
170816000
CY2012Q3 fnb Held To Maturity Securities With Contractual Maturities Fair Value
HeldToMaturitySecuritiesWithContractualMaturitiesFairValue
177944000
CY2012Q3 fnb Held To Maturity Debt Securities Unrecognized Holding Gains
HeldToMaturityDebtSecuritiesUnrecognizedHoldingGains
44744000
CY2012Q3 fnb Held To Maturity Debt Securities Unrecognized Holding Losses
HeldToMaturityDebtSecuritiesUnrecognizedHoldingLosses
128000
CY2012Q3 fnb Other Real Estate Fair Value Disclosure
OtherRealEstateFairValueDisclosure
18469000
CY2012Q3 fnb Minimum Corporation Reserves For Commercial Loan
MinimumCorporationReservesForCommercialLoan
500000
CY2012Q3 fnb Minimum Amount To Allocate Specific Valuation Allowance
MinimumAmountToAllocateSpecificValuationAllowance
500000
CY2012Q3 fnb Loans And Leases Receivable Impaired Nonperforming Restructured
LoansAndLeasesReceivableImpairedNonperformingRestructured
12957000
CY2012Q3 fnb Interest Component Of Expected Cash Flows Accretable Difference
InterestComponentOfExpectedCashFlowsAccretableDifference
589000
CY2012Q3 fnb Credit Available With Federal Home Loan Bank
CreditAvailableWithFederalHomeLoanBank
2710587000
CY2012Q3 fnb Credit Loss Portion Of Other Than Temporary Impairment Recognized From Other Comprehensive Income
CreditLossPortionOfOtherThanTemporaryImpairmentRecognizedFromOtherComprehensiveIncome
17274000
CY2012Q3 fnb Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Cash Flows Expected To Be Collected At Acquisition Non Accretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAcquiredDuringPeriodCashFlowsExpectedToBeCollectedAtAcquisitionNonAccretableDifference
2835000
CY2012Q3 fnb Business Acquisition Purchase Price Allocation Accrued Income And Other Assets
BusinessAcquisitionPurchasePriceAllocationAccruedIncomeAndOtherAssets
116992000
CY2012Q3 fnb Business Acquisition Purchase Price Allocation Borrowings
BusinessAcquisitionPurchasePriceAllocationBorrowings
171606000
CY2012Q3 fnb Business Acquisition Purchase Price Allocation Deposits Acquired
BusinessAcquisitionPurchasePriceAllocationDepositsAcquired
1525253000
CY2012Q3 fnb Business Acquisition Purchase Price Allocation Loans Receivable Acquired
BusinessAcquisitionPurchasePriceAllocationLoansReceivableAcquired
919479000
CY2012Q3 fnb Average Holding Size Of Municipal Bonds
AverageHoldingSizeOfMunicipalBonds
1011000
CY2012Q3 fnb Available For Sale Securities With Contractual Maturities Amortized Cost
AvailableForSaleSecuritiesWithContractualMaturitiesAmortizedCost
410607000
CY2012Q3 fnb Available For Sale Securities With Contractual Maturities Fair Value
AvailableForSaleSecuritiesWithContractualMaturitiesFairValue
399819000
CY2012Q3 fnb Accumulated Other Comprehensive Income Loss Non Credit Related Loss On Debt Securities Not Expected To Be Sold
AccumulatedOtherComprehensiveIncomeLossNonCreditRelatedLossOnDebtSecuritiesNotExpectedToBeSold
8047000
CY2012Q3 fnb Recover Rate Of Banks
RecoverRateOfBanks
0.10 pure
CY2012Q3 fnb Recover Rate Of Insurance Companies
RecoverRateOfInsuranceCompanies
0.15 pure
CY2012Q3 fnb Percentage Of Ltv In Collateralized Mortgage Obligation At Time Of Purchase
PercentageOfLtvInCollateralizedMortgageObligationAtTimeOfPurchase
0.661 pure
CY2012Q3 fnb Percentage Of Securities Using Market Based Information
PercentageOfSecuritiesUsingMarketBasedInformation
0.97 pure
CY2012Q3 fnb Percentage Of Securities Using Model Based Techniques
PercentageOfSecuritiesUsingModelBasedTechniques
0.03 pure
CY2012Q3 fnb Percentage Of Credit Support Current In Non Agency Collateralized Mortgage Obligations
PercentageOfCreditSupportCurrentInNonAgencyCollateralizedMortgageObligations
0.099 pure
CY2012Q3 fnb Percentage Of Each Trust Common Equity Owned By Corporation
PercentageOfEachTrustCommonEquityOwnedByCorporation
1.00 pure
CY2012Q3 fnb Percent Of Municipal Bond Portfolio General Obligation Bonds
PercentOfMunicipalBondPortfolioGeneralObligationBonds
0.995 pure
CY2012Q3 fnb Percent Of Municipal Bond Portfolio Rated Or Better
PercentOfMunicipalBondPortfolioRatedOrBetter
1.000 pure
CY2012Q3 fnb Percent Of Municipal Bond Portfolio With Credit Support
PercentOfMunicipalBondPortfolioWithCreditSupport
0.747 pure
CY2012Q3 fnb Percent Of Municipal Bonds From Pennsylvania
PercentOfMunicipalBondsFromPennsylvania
0.779 pure
CY2012Q3 fnb Ratio Of Non Performing Assets To All Assets
RatioOfNonPerformingAssetsToAllAssets
0.0101 pure
CY2012Q3 fnb Rate Of Commitments To Extend Credit Dependent On Financial Condition
RateOfCommitmentsToExtendCreditDependentOnFinancialCondition
0.787 pure
CY2012Q3 fnb Loans Receivable Ratio Of Non Performing Loans And Other Real Estate Owned To All Loans And Other Real Estate Owned
LoansReceivableRatioOfNonPerformingLoansAndOtherRealEstateOwnedToAllLoansAndOtherRealEstateOwned
0.0148 pure
CY2012Q3 fnb Minimum Required Capital To Assets Ratio Of Fhlb
MinimumRequiredCapitalToAssetsRatioOfFHLB
0.040 pure
CY2012Q3 fnb Warrants Converted To Purchase Of Common Stock
WarrantsConvertedToPurchaseOfCommonStock
819640 shares
CY2012Q3 fnb Common Stock Issued For Merger
CommonStockIssuedForMerger
12159312 shares
CY2012Q3 fnb Fair Value Of Allocated Allowance
FairValueOfAllocatedAllowance
13787000
CY2012Q3 fnb Accruing Pooled Trust Preferred Securities
AccruingPooledTrustPreferredSecurities
4 Security
CY2012Q3 fnb Number Of Pooled Trust Security Recognized For Accretion Income
NumberOfPooledTrustSecurityRecognizedForAccretionIncome
14 Security
CY2012Q3 fnb Remaining Pooled Trust Preferred Securities
RemainingPooledTrustPreferredSecurities
6 Security
CY2012Q3 fnb Valuation For Impairment Of Loans With Pooled Reserves
ValuationForImpairmentOfLoansWithPooledReserves
500000
CY2012Q3 fnb Other Intangible Assets
OtherIntangibleAssets
16033000
CY2012Q3 fnb Allowance For Loan Losses Allocated
AllowanceForLoanLossesAllocated
CY2012Q3 fnb Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Other Than Temporary Impairment Charges
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOtherThanTemporaryImpairmentCharges
CY2012Q3 fnb Allowance For Loan Losses Reduction Since Acquisition
AllowanceForLoanLossesReductionSinceAcquisition
CY2012Q3 fnb Common Stock Issued Net Of Issuance Cost Value
CommonStockIssuedNetOfIssuanceCostValue
136441000
CY2012Q3 fnb Warrant Assumed In Acquisition Value
WarrantAssumedInAcquisitionValue
4459000
CY2012Q3 fnb Business Acquisition Purchase Price Allocation Identifiable Assets Acquired
BusinessAcquisitionPurchasePriceAllocationIdentifiableAssetsAcquired
1742228000
CY2012Q3 fnb Percent Change In Fair Value Assuming Hypothetical One Percent Change In Discount Rate
PercentChangeInFairValueAssumingHypotheticalOnePercentChangeInDiscountRate
0.04 pure
CY2012Q3 fnb Change In Fair Value Assuming Hypothetical One Percent Change In Discount Rate
ChangeInFairValueAssumingHypotheticalOnePercentChangeInDiscountRate
3000000
CY2006Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
14079000
CY2006Q4 fnb Defined Benefit Plan Unrecognized Service Cost Amortization Period
DefinedBenefitPlanUnrecognizedServiceCostAmortizationPeriod
13.5 Y
CY2010Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
106120000
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
131571000
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.28
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
770610 shares
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1309489 shares
CY2010Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
17594000
CY2010Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
8.52
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
1066124000
CY2010Q4 fnb Credit Loss Portion Of Other Than Temporary Impairment Recognized From Other Comprehensive Income
CreditLossPortionOfOtherThanTemporaryImpairmentRecognizedFromOtherComprehensiveIncome
18332000
CY2010Q4 fnb Common Stock Issued For Merger
CommonStockIssuedForMerger
5941287 shares
CY2011Q4 us-gaap Other Assets
OtherAssets
311082000
CY2011Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
11604000
CY2011Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
6773163000
CY2011Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
18131000
CY2011Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
1804000
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
14916000
CY2011Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
215502 shares
CY2011Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2011Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
18285000
CY2011Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
640571000
CY2011Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
100662000
CY2011Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
14916000
CY2011Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
640571000
CY2011Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
952033000
CY2011Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-45148000
CY2011Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
47110000
CY2011Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1340465000
CY2011Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
23516000
CY2011Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
917212000
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
32925000
CY2011Q4 us-gaap Assets
Assets
9786483000
CY2011Q4 us-gaap Deposits
Deposits
7289768000
CY2011Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0155 pure
CY2011Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
9829000
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
11854000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
208953000
CY2011Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
158640000
CY2011Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
60000000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.93
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
14906000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
586020 shares
CY2011Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
6756005000
CY2011Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
646660000
CY2011Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
10000000
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9786483000
CY2011Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
127436261 shares
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1846115 shares
CY2011Q4 us-gaap Common Stock Value
CommonStockValue
1268000
CY2011Q4 us-gaap Held To Maturity Securities Debt Maturities Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmount
917212000
CY2011Q4 us-gaap Goodwill
Goodwill
568462000
CY2011Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
645658000
CY2011Q4 us-gaap Liabilities
Liabilities
8576284000
CY2011Q4 us-gaap Derivative Assets
DerivativeAssets
52857000
CY2011Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
93515000
CY2011Q4 us-gaap Long Term Debt
LongTermDebt
88016000
CY2011Q4 us-gaap Other Liabilities
OtherLiabilities
143239000
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
30953000
CY2011Q4 us-gaap Loans And Leases Receivable Commercial Net Of Deferred Income
LoansAndLeasesReceivableCommercialNetOfDeferredIncome
3970214000
CY2011Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
208927000
CY2011Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
11603000
CY2011Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
10000
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
11984000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
8.44
CY2011Q4 us-gaap Time Deposits
TimeDeposits
2158440000
CY2011Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3418000
CY2011Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
203967000
CY2011Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
100000
CY2011Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
32850000
CY2011Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
25058000
CY2011Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
34719000
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
130043000
CY2011Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
94335000
CY2011Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
197349000
CY2011Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
94335000
CY2011Q4 us-gaap Convertible Debt
ConvertibleDebt
608000
CY2011Q4 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
52904000
CY2011Q4 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
210098000
CY2011Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses
1879000
CY2011Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
6856667000
CY2011Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1224572000
CY2011Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
851294000
CY2011Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
9062000
CY2011Q4 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
14275000
CY2011Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Loans And Leases Receivable Commercial Allowance
LoansAndLeasesReceivableCommercialAllowance
0
CY2011Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
130000
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
1210199000
CY2011Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
83504000
CY2011Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
680212000
CY2011Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
6698027000
CY2011Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
7147000
CY2011Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
6773000
CY2011Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
75000
CY2011Q4 fnb Fair Value Assets Measured On Recurring Basis
FairValueAssetsMeasuredOnRecurringBasis
693428000
CY2011Q4 fnb Fair Value Liabilities Measured On Recurring Basis
FairValueLiabilitiesMeasuredOnRecurringBasis
52904000
CY2011Q4 fnb Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
17327000
CY2011Q4 fnb Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
19379000
CY2011Q4 fnb Savings And Negotiable Order Of Withdrawal
SavingsAndNegotiableOrderOfWithdrawal
3790863000
CY2011Q4 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
SecuritiesWithCarryingValuePledgedToSecurePublicDepositsTrustDepositsAndForOtherPurposes
547727000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-23374000
CY2011Q4 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
134634000
CY2011Q4 fnb Subordinated Notes Long Term
SubordinatedNotesLongTerm
78246000
CY2011Q4 fnb Held To Maturity Debt Securities Unrecognized Holding Gains
HeldToMaturityDebtSecuritiesUnrecognizedHoldingGains
36700000
CY2011Q4 fnb Held To Maturity Debt Securities Unrecognized Holding Losses
HeldToMaturityDebtSecuritiesUnrecognizedHoldingLosses
1879000
CY2011Q4 fnb Financing Receivable Recorded Investment30 To89 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment30To89DaysPastDueAndStillAccruing
46174000
CY2011Q4 fnb Non Performing Assets
NonPerformingAssets
149919000
CY2011Q4 fnb Non Performing Investments
NonPerformingInvestments
8972000
CY2011Q4 fnb Non Performing Loans
NonPerformingLoans
106228000
CY2011Q4 fnb Non Performing Loans And Other Real Estate Owned
NonPerformingLoansAndOtherRealEstateOwned
140947000
CY2011Q4 fnb Loans And Leases Receivable Impaired Nonperforming Restructured
LoansAndLeasesReceivableImpairedNonperformingRestructured
11893000
CY2011Q4 fnb Credit Loss Portion Of Other Than Temporary Impairment Recognized From Other Comprehensive Income
CreditLossPortionOfOtherThanTemporaryImpairmentRecognizedFromOtherComprehensiveIncome
18398000
CY2011Q4 fnb Ratio Of Non Performing Assets To All Assets
RatioOfNonPerformingAssetsToAllAssets
0.0153 pure
CY2011Q4 fnb Loans Receivable Ratio Of Non Performing Loans And Other Real Estate Owned To All Loans And Other Real Estate Owned
LoansReceivableRatioOfNonPerformingLoansAndOtherRealEstateOwnedToAllLoansAndOtherRealEstateOwned
0.0205 pure
CY2011Q4 fnb Valuation For Impairment Of Loans With Pooled Reserves
ValuationForImpairmentOfLoansWithPooledReserves
500000
CY2011Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
6037500 shares
CY2011Q2 us-gaap Proceeds From Issuance Of Common Stock
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dei Document Fiscal Period Focus
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dei Document Type
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dei Document Period End Date
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2012-09-30
dei Entity Central Index Key
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dei Current Fiscal Year End Date
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dei Trading Symbol
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dei Entity Registrant Name
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<div> <p style="MARGIN-TOP: 18px; MARGIN-BOTTOM: 0px"><font style="FONT-FAMILY: Times New Roman" size="2"><b>BUSINESS</b></font></p> <p style="MARGIN-TOP: 6px; TEXT-INDENT: 4%; MARGIN-BOTTOM: 0px"> <font style="FONT-FAMILY: Times New Roman" size="2">F.N.B. Corporation (the Corporation) is a diversified financial services company headquartered in Hermitage, Pennsylvania. Its primary businesses include community banking, consumer finance, wealth management and insurance. The Corporation also conducts commercial leasing and merchant banking activities. The Corporation operates its community banking business through a full service branch network in Pennsylvania, Ohio and West Virginia. The Corporation operates its wealth management and insurance businesses within the existing branch network. It also conducts selected consumer finance business in Pennsylvania, Ohio, Tennessee and Kentucky.</font></p> </div>
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CY2011 us-gaap Debt Instrument Interest Rate Effective Percentage Rate Range Maximum
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12000
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2012Q3 us-gaap Taxes Other
TaxesOther
1347000
CY2012Q3 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
2102000
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
140764052 shares
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeTax
-65000
CY2012Q3 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
5000
CY2012Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
4022000
CY2012Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
85102000
CY2012Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
93531000
CY2012Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12090000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1970000
CY2012Q3 us-gaap Noninterest Expense
NoninterestExpense
77082000
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30743000
CY2012Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2242000
CY2012Q3 us-gaap Occupancy Net
OccupancyNet
5840000
CY2012Q3 us-gaap Professional Fees
ProfessionalFees
7048000
CY2012Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.12
CY2012Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
168227 shares
CY2012Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
41579000
CY2012Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
421000
CY2012Q3 fnb Troubled Debt Restructuring Modifications Number Of Contracts
TroubledDebtRestructuringModificationsNumberOfContracts
88 Contract
CY2012Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
33132000
CY2012Q3 us-gaap Interest Expense
InterestExpense
14225000
CY2012Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
30748000
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1061000
CY2012Q3 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
88000
CY2012Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax
120000
CY2012Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
11470000
CY2012Q3 fnb Troubled Debt Restructuring Modifications Pre Modification Recorded Investment
TroubledDebtRestructuringModificationsPreModificationRecordedInvestment
3437000
CY2012Q3 fnb Financing Receivable Troubled Debt Restructurings That Subsequently Defaulted Number Of Contracts
FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaultedNumberOfContracts
24 Contract
CY2012Q3 fnb Service Charges On Loans And Deposits
ServiceChargesOnLoansAndDeposits
17666000
CY2012Q3 fnb Troubled Debt Restructuring Post Modification Recorded Investment
TroubledDebtRestructuringPostModificationRecordedInvestment
3550000
CY2012Q3 fnb Impairment Losses On Securities
ImpairmentLossesOnSecurities
440000
CY2012Q3 fnb Financing Receivable Troubled Debt Restructurings That Subsequently Defaulted
FinancingReceivableTroubledDebtRestructuringsThatSubsequentlyDefaulted
169000
CY2012Q3 fnb Non Credit Related Losses On Securities Not Expected To Be Sold Recognized In Other Comprehensive Income
NonCreditRelatedLossesOnSecuritiesNotExpectedToBeSoldRecognizedInOtherComprehensiveIncome
321000
CY2012Q3 fnb Non Interest Expense Excluding Amortization Of Intangibles
NonInterestExpenseExcludingAmortizationOfIntangibles
74840000
CY2012Q3 fnb Allowance For Loan And Lease Losses Write Offs Total
AllowanceForLoanAndLeaseLossesWriteOffsTotal
7362000

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