2013 Q1 Form 10-Q Financial Statement

#000119312513209625 Filed on May 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q1 2012 Q1
Revenue $105.1M $107.3M
YoY Change -2.02%
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 $8.200M $5.500M
YoY Change 49.09% -26.67%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $12.02M $16.37M
YoY Change -26.54%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $40.37M $29.42M
YoY Change 37.2% 28.48%
Income Tax $11.83M $7.839M
% Of Pretax Income 29.3% 26.64%
Net Earnings $28.54M $21.58M
YoY Change 32.23% 25.48%
Net Earnings / Revenue 27.15% 20.12%
Basic Earnings Per Share $0.20 $0.16
Diluted Earnings Per Share $0.20 $0.15
COMMON SHARES
Basic Shares Outstanding 139.7M shares 138.9M shares
Diluted Shares Outstanding 141.1M shares 140.4M shares

Balance Sheet

Concept 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $161.6M $209.0M
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 $134.9M $146.0M
YoY Change -7.61% 16.8%
Goodwill $675.6M
YoY Change
Intangibles $35.87M
YoY Change
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 $12.00B $11.73B
YoY Change 2.32% 20.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $945.0M $740.0M
YoY Change 27.7% 0.14%
Long-Term Debt Due $134.0M $138.0M
YoY Change -2.9%
Total Short-Term Liabilities $134.0M $138.0M
YoY Change -2.9% -81.33%
LONG-TERM LIABILITIES
Long-Term Debt $296.0M $294.0M
YoY Change 0.68% -27.05%
Other Long-Term Liabilities $133.0M $144.0M
YoY Change -7.64% 51.58%
Total Long-Term Liabilities $429.0M $438.0M
YoY Change -2.05% -12.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $134.0M $138.0M
Total Long-Term Liabilities $429.0M $438.0M
Total Liabilities $10.58B $10.37B
YoY Change 2.06% 20.22%
SHAREHOLDERS EQUITY
Retained Earnings $86.92M
YoY Change
Common Stock $1.406M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.960M
YoY Change
Treasury Stock Shares 641.0K shares
Shareholders Equity $1.413B $1.210B
YoY Change
Total Liabilities & Shareholders Equity $12.00B $11.73B
YoY Change 2.32% 20.21%

Cashflow Statement

Concept 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income $28.54M $21.58M
YoY Change 32.23% 25.48%
Depreciation, Depletion And Amortization $8.200M $5.500M
YoY Change 49.09% -26.67%
Cash From Operating Activities $26.98M $365.8M
YoY Change -92.63% 139.88%
INVESTING ACTIVITIES
Capital Expenditures -$1.783M $2.325M
YoY Change -176.69% -186.11%
Acquisitions $203.5M
YoY Change
Other Investing Activities -$82.30M -$392.4M
YoY Change -79.03% 187.68%
Cash From Investing Activities -$82.26M -$394.7M
YoY Change -79.16% 183.77%
FINANCING ACTIVITIES
Cash Dividend Paid $16.93M $16.86M
YoY Change 0.41%
Common Stock Issuance & Retirement, Net -$696.0K $1.211M
YoY Change -157.47%
Debt Paid & Issued, Net $11.02M $162.1M
YoY Change -93.2%
Cash From Financing Activities -22.17M 84.69M
YoY Change -126.18% -41.6%
NET CHANGE
Cash From Operating Activities 26.98M 365.8M
Cash From Investing Activities -82.26M -394.7M
Cash From Financing Activities -22.17M 84.69M
Net Change In Cash -77.45M 55.77M
YoY Change -238.87% -64.79%
FREE CASH FLOW
Cash From Operating Activities $26.98M $365.8M
Capital Expenditures -$1.783M $2.325M
Free Cash Flow $28.76M $363.5M
YoY Change -92.09% 134.21%

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CY2013Q1 fnb Fair Value Assets Measured On Recurring Basis
FairValueAssetsMeasuredOnRecurringBasis
1216073000
CY2013Q1 fnb Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
12109000
CY2013Q1 fnb Short Term Borrowings Fair Value For Amounts That Maturity In Days
ShortTermBorrowingsFairValueForAmountsThatMaturityInDays
P90D
CY2013Q1 fnb Credit Score Of Collateralized Mortgage Obligation At Time Of Purchase
CreditScoreOfCollateralizedMortgageObligationAtTimeOfPurchase
724 pure
CY2013Q1 fnb Credit Score Of Collateralized Mortgage Obligations
CreditScoreOfCollateralizedMortgageObligations
720 pure
CY2013Q1 fnb Number Of Supplemental Non Qualified Retirement Plans
NumberOfSupplementalNonQualifiedRetirementPlans
2 pure
CY2013Q1 fnb Number Of Swaps
NumberOfSwaps
272 pure
CY2013Q1 fnb Number Of Swaps With Counterparties
NumberOfSwapsWithCounterparties
251 pure
CY2013Q1 fnb Number Of Unconsolidated Subsidiary Trusts
NumberOfUnconsolidatedSubsidiaryTrusts
4 pure
CY2013Q1 fnb Number Of Pooled Issue Securities
NumberOfPooledIssueSecurities
24 Security
CY2013Q1 fnb Number Of Single Issue Securities
NumberOfSingleIssueSecurities
5 Security
CY2013Q1 fnb Trust Preferred Securities Number Of Issuers Currently Performing
TrustPreferredSecuritiesNumberOfIssuersCurrentlyPerforming
893 pure
CY2013Q1 fnb Pooled Trust Preferred Securities Fair Value
PooledTrustPreferredSecuritiesFairValue
23807000
CY2013Q1 fnb Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
3017000
CY2013Q1 fnb Savings And Negotiable Order Of Withdrawal
SavingsAndNegotiableOrderOfWithdrawal
4974539000
CY2013Q1 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
SecuritiesWithCarryingValuePledgedToSecurePublicDepositsTrustDepositsAndForOtherPurposes
781014000
CY2013Q1 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
133877000
CY2013Q1 fnb Subordinated Notes Long Term
SubordinatedNotesLongTerm
82276000
CY2013Q1 fnb Single Issuer Trust Preferred Securities Fair Value
SingleIssuerTrustPreferredSecuritiesFairValue
6999000
CY2013Q1 fnb Trust Preferred Securities Unrealized Loss
TrustPreferredSecuritiesUnrealizedLoss
12753000
CY2013Q1 fnb Trust Preferred Securities Fair Value
TrustPreferredSecuritiesFairValue
30806000
CY2013Q1 fnb Trust Preferred Securities Amortized Cost
TrustPreferredSecuritiesAmortizedCost
43559000
CY2013Q1 fnb Trust Preferred Securities Current Par Value
TrustPreferredSecuritiesCurrentParValue
105294000
CY2013Q1 fnb Held To Maturity Securities With Contractual Maturities Amortized Cost
HeldToMaturitySecuritiesWithContractualMaturitiesAmortizedCost
186641000
CY2013Q1 fnb Held To Maturity Securities With Contractual Maturities Fair Value
HeldToMaturitySecuritiesWithContractualMaturitiesFairValue
192170000
CY2013Q1 fnb Available For Sale Securities With Contractual Maturities Fair Value
AvailableForSaleSecuritiesWithContractualMaturitiesFairValue
421217000
CY2013Q1 fnb Impaired Loans Cost To Sell
ImpairedLoansCostToSell
1478000
CY2013Q1 fnb Notional Amount Of Other Derivatives Not Designated As Hedging Instruments Of Counterparties
NotionalAmountOfOtherDerivativesNotDesignatedAsHedgingInstrumentsOfCounterparties
872152000
CY2013Q1 fnb Non Performing Assets
NonPerformingAssets
118415000
CY2013Q1 fnb Non Performing Investments
NonPerformingInvestments
413000
CY2013Q1 fnb Non Performing Loans
NonPerformingLoans
82133000
CY2013Q1 fnb Non Performing Loans And Other Real Estate Owned
NonPerformingLoansAndOtherRealEstateOwned
118002000
CY2013Q1 fnb Non Agency Collateralized Mortgage Obligations Book Value
NonAgencyCollateralizedMortgageObligationsBookValue
11544000
CY2013Q1 fnb Other Real Estate Fair Value Disclosure
OtherRealEstateFairValueDisclosure
3336000
CY2013Q1 fnb Minimum Corporation Reserves For Commercial Loan
MinimumCorporationReservesForCommercialLoan
500000
CY2013Q1 fnb Minimum Amount To Allocate Specific Valuation Allowance
MinimumAmountToAllocateSpecificValuationAllowance
500000
CY2013Q1 fnb Loans And Leases Receivable Impaired Nonperforming Restructured
LoansAndLeasesReceivableImpairedNonperformingRestructured
16555000
CY2013Q1 fnb Credit Available With Federal Home Loan Bank
CreditAvailableWithFederalHomeLoanBank
2823932000
CY2013Q1 fnb Book Value Of Non Agency Collateralized Mortgage Obligations
BookValueOfNonAgencyCollateralizedMortgageObligations
9180000
CY2013Q1 fnb Average Holding Size Of Municipal Bonds
AverageHoldingSizeOfMunicipalBonds
997000
CY2013Q1 fnb Available For Sale Securities With Contractual Maturities Amortized Cost
AvailableForSaleSecuritiesWithContractualMaturitiesAmortizedCost
431097000
CY2013Q1 fnb Recover Rate Of Banks
RecoverRateOfBanks
0.10 pure
CY2013Q1 fnb Recover Rate Of Insurance Companies
RecoverRateOfInsuranceCompanies
0.15 pure
CY2013Q1 fnb Percentage Of Ltv In Collateralized Mortgage Obligation At Time Of Purchase
PercentageOfLtvInCollateralizedMortgageObligationAtTimeOfPurchase
0.661 pure
CY2013Q1 fnb Percentage Of Securities Using Market Based Information
PercentageOfSecuritiesUsingMarketBasedInformation
0.97 pure
CY2013Q1 fnb Percentage Of Securities Using Model Based Techniques
PercentageOfSecuritiesUsingModelBasedTechniques
0.03 pure
CY2013Q1 fnb Percentage Of Credit Support Current In Non Agency Collateralized Mortgage Obligations
PercentageOfCreditSupportCurrentInNonAgencyCollateralizedMortgageObligations
0.125 pure
CY2013Q1 fnb Percentage Of Each Trust Common Equity Owned By Corporation
PercentageOfEachTrustCommonEquityOwnedByCorporation
1.00 pure
CY2013Q1 fnb Percent Of Municipal Bond Portfolio General Obligation Bonds
PercentOfMunicipalBondPortfolioGeneralObligationBonds
0.995 pure
CY2013Q1 fnb Percent Of Municipal Bond Portfolio Rated Or Better
PercentOfMunicipalBondPortfolioRatedOrBetter
0.988 pure
CY2013Q1 fnb Percent Of Municipal Bond Portfolio With Credit Support
PercentOfMunicipalBondPortfolioWithCreditSupport
0.691 pure
CY2013Q1 fnb Percent Of Municipal Bonds From Pennsylvania
PercentOfMunicipalBondsFromPennsylvania
0.771 pure
CY2013Q1 fnb Ratio Of Non Performing Assets To All Assets
RatioOfNonPerformingAssetsToAllAssets
0.0099 pure
CY2013Q1 fnb Rate Of Commitments To Extend Credit Dependent On Financial Condition
RateOfCommitmentsToExtendCreditDependentOnFinancialCondition
0.814 pure
CY2013Q1 fnb Loans Receivable Ratio Of Non Performing Loans And Other Real Estate Owned To All Loans And Other Real Estate Owned
LoansReceivableRatioOfNonPerformingLoansAndOtherRealEstateOwnedToAllLoansAndOtherRealEstateOwned
0.0143 pure
CY2013Q1 fnb Fair Value Of Allocated Allowance
FairValueOfAllocatedAllowance
12109000
CY2013Q1 fnb Accruing Pooled Trust Preferred Securities
AccruingPooledTrustPreferredSecurities
4 Security
CY2013Q1 fnb Number Of Current Pooled Trust Preferred Securities
NumberOfCurrentPooledTrustPreferredSecurities
5 Security
CY2013Q1 fnb Number Of Pooled Trust Security Recognized For Accretion Income
NumberOfPooledTrustSecurityRecognizedForAccretionIncome
18 Security
CY2013Q1 fnb Remaining Pooled Trust Preferred Securities
RemainingPooledTrustPreferredSecurities
2 Security
CY2013Q1 fnb Valuation For Impairment Of Loans With Pooled Reserves
ValuationForImpairmentOfLoansWithPooledReserves
500000
CY2013Q1 fnb Percent Change In Fair Value Assuming Hypothetical One Percent Change In Discount Rate
PercentChangeInFairValueAssumingHypotheticalOnePercentChangeInDiscountRate
0.04 pure
CY2013Q1 fnb Change In Fair Value Assuming Hypothetical One Percent Change In Discount Rate
ChangeInFairValueAssumingHypotheticalOnePercentChangeInDiscountRate
3000000
CY2013Q1 fnb Derivative Liabilities Net Amount In Balance Sheet
DerivativeLiabilitiesNetAmountInBalanceSheet
52788000
CY2013Q1 fnb Derivative Liabilities Gross Amount Of Financial Instruments Not Offset
DerivativeLiabilitiesGrossAmountOfFinancialInstrumentsNotOffset
50625000
CY2013Q1 fnb Derivative Liabilities Gross Amount Of Cash Collateral Pledged Not Offset
DerivativeLiabilitiesGrossAmountOfCashCollateralPledgedNotOffset
CY2013Q1 fnb Derivative Liabilities Net Amount
DerivativeLiabilitiesNetAmount
2163000
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
208953000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.93
CY2006Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
14079000
CY2011Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
100662000
CY2011Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
586020 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 Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
11603000
CY2011Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
51706000
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 Stockholders Equity
StockholdersEquity
1210199000
CY2011Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
18398000
CY2012Q1 fnb Common Stock Issued For Merger
CommonStockIssuedForMerger
12159312 shares
CY2012Q4 us-gaap Other Assets
OtherAssets
344729000
CY2012Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
22811000
CY2012Q4 us-gaap Held To Maturity Securities Unrecognized Holding Loss
HeldToMaturitySecuritiesUnrecognizedHoldingLoss
135000
CY2012Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
35000
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
14614000
CY2012Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
7200743000
CY2012Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
3 Security
CY2012Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
385604 shares
CY2012Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2012Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
16325000
CY2012Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1172683000
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
104374000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
9135000
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
14614000
CY2012Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1143213000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-46224000
CY2012Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
51661000
CY2012Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1738195000
CY2012Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
24560000
CY2012Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1106563000
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
75312000
CY2012Q4 us-gaap Assets
Assets
12023976000
CY2012Q4 us-gaap Deposits
Deposits
9082174000
CY2012Q4 us-gaap Loans And Leases Receivable Ratio Of Nonperforming Loans To All Loans
LoansAndLeasesReceivableRatioOfNonperformingLoansToAllLoans
0.0099 pure
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
16858000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
11431000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
239044000
CY2012Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
58150000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Other Than Temporary Impairment Not Credit Loss Net Of Tax Debt Securities
AccumulatedOtherComprehensiveIncomeLossOtherThanTemporaryImpairmentNotCreditLossNetOfTaxDebtSecurities
-8039000
CY2012Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
949862000
CY2012Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
140000000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.21
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
13339000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
640050 shares
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
9269000
CY2012Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
8033345000
CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
807820000
CY2012Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12023976000
CY2012Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
140314846 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1913073 shares
CY2012Q4 us-gaap Common Stock Value
CommonStockValue
1398000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-171000
CY2012Q4 us-gaap Held To Maturity Securities Debt Maturities Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesNetCarryingAmount
1106563000
CY2012Q4 us-gaap Goodwill
Goodwill
675555000
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Carrying Amount Net
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesCarryingAmountNet
5565000
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1170439000
CY2012Q4 us-gaap Liabilities
Liabilities
10621907000
CY2012Q4 us-gaap Derivative Assets
DerivativeAssets
58008000
CY2012Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
97468000
CY2012Q4 us-gaap Long Term Debt
LongTermDebt
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CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
163151000
CY2012Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
37851000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
32565000
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
1275000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
112835000
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
254153000
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.17
CY2012Q4 us-gaap Time Deposits
TimeDeposits
2535858000
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
5018000
CY2012Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
204019000
CY2012Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
88000
CY2012Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
39920000
CY2012Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
16802000
CY2012Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
35257000
CY2012Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
140367000
CY2012Q4 us-gaap Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
36785000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
58150000
CY2012Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
216233000
CY2012Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
58150000
CY2012Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
66004000
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-47283000
CY2012Q4 us-gaap Convertible Debt
ConvertibleDebt
590000
CY2012Q4 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
58150000
CY2012Q4 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
190206000
CY2012Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAggregateLosses
135000
CY2012Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
58008000
CY2012Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
8137719000
CY2012Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1376601000
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1083138000
CY2012Q4 us-gaap Loans And Leases Receivable Commercial Net Of Deferred Income
LoansAndLeasesReceivableCommercialNetOfDeferredIncome
4439493000
CY2012Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
246088000
CY2012Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
8850000
CY2012Q4 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
27751000
CY2012Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Loans And Leases Receivable Commercial Allowance
LoansAndLeasesReceivableCommercialAllowance
297000
CY2012Q4 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
1172683000
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
101404000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1402069000
CY2012Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
36648000
CY2012Q4 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
27 Security
CY2012Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
795812000
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
17367000
CY2012Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2726000
CY2012Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
477000
CY2012Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
100000
CY2012Q4 fnb Accumulated Other Comprehensive Income Loss
AccumulatedOtherComprehensiveIncomeLoss
-46224000
CY2012Q4 fnb Fair Value Assets Measured On Recurring Basis
FairValueAssetsMeasuredOnRecurringBasis
1230691000
CY2012Q4 fnb Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
17496000
CY2012Q4 fnb Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
19311000
CY2012Q4 fnb Savings And Negotiable Order Of Withdrawal
SavingsAndNegotiableOrderOfWithdrawal
4808121000
CY2012Q4 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
SecuritiesWithCarryingValuePledgedToSecurePublicDepositsTrustDepositsAndForOtherPurposes
725450000
CY2012Q4 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
135318000
CY2012Q4 fnb Subordinated Notes Long Term
SubordinatedNotesLongTerm
79897000
CY2012Q4 fnb Non Performing Assets
NonPerformingAssets
118946000
CY2012Q4 fnb Non Performing Investments
NonPerformingInvestments
2809000
CY2012Q4 fnb Non Performing Loans
NonPerformingLoans
80880000
CY2012Q4 fnb Non Performing Loans And Other Real Estate Owned
NonPerformingLoansAndOtherRealEstateOwned
116137000
CY2012Q4 fnb Loans And Leases Receivable Impaired Nonperforming Restructured
LoansAndLeasesReceivableImpairedNonperformingRestructured
14876000
CY2012Q4 fnb Ratio Of Non Performing Assets To All Assets
RatioOfNonPerformingAssetsToAllAssets
0.0099 pure
CY2012Q4 fnb Loans Receivable Ratio Of Non Performing Loans And Other Real Estate Owned To All Loans And Other Real Estate Owned
LoansReceivableRatioOfNonPerformingLoansAndOtherRealEstateOwnedToAllLoansAndOtherRealEstateOwned
0.0142 pure
CY2012Q4 fnb Valuation For Impairment Of Loans With Pooled Reserves
ValuationForImpairmentOfLoansWithPooledReserves
500000
CY2012Q4 fnb Allowance For Loan Losses Allocated
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CY2012Q4 fnb Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Other Than Temporary Impairment Charges
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOtherThanTemporaryImpairmentCharges
CY2012Q4 fnb Allowance For Loan Losses Reduction Since Acquisition
AllowanceForLoanLossesReductionSinceAcquisition
CY2012Q4 fnb Held To Maturity Securities Non Agency Collateralized Mortgage Obligations Fair Value
HeldToMaturitySecuritiesNonAgencyCollateralizedMortgageObligationsFairValue
3636000
CY2012Q4 fnb Derivative Liabilities Net Amount In Balance Sheet
DerivativeLiabilitiesNetAmountInBalanceSheet
58134000
CY2012Q4 fnb Derivative Liabilities Gross Amount Of Financial Instruments Not Offset
DerivativeLiabilitiesGrossAmountOfFinancialInstrumentsNotOffset
55901000
CY2012Q4 fnb Derivative Liabilities Gross Amount Of Cash Collateral Pledged Not Offset
DerivativeLiabilitiesGrossAmountOfCashCollateralPledgedNotOffset
CY2012Q4 fnb Derivative Liabilities Net Amount
DerivativeLiabilitiesNetAmount
2233000
CY2006Q4 fnb Defined Benefit Plan Unrecognized Service Cost Amortization Period
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CY2013Q1 dei Entity Central Index Key
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CY2013Q1 dei Current Fiscal Year End Date
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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, eastern Ohio and northern 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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CY2013Q1 fnb Fair Value Of Other Real Estate Owned
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CY2013Q1 fnb Non Interest Expense Excluding Amortization Of Intangibles
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