2014 Q1 Form 10-Q Financial Statement

#000119312514192625 Filed on May 09, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $117.9M $105.1M
YoY Change 12.14% -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 $8.300M $8.200M
YoY Change 1.22% 49.09%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $10.06M $12.02M
YoY Change -16.36% -26.54%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $48.72M $40.37M
YoY Change 20.71% 37.2%
Income Tax $14.20M $11.83M
% Of Pretax Income 29.14% 29.3%
Net Earnings $34.52M $28.54M
YoY Change 20.98% 32.23%
Net Earnings / Revenue 29.29% 27.15%
Basic Earnings Per Share $0.20 $0.20
Diluted Earnings Per Share $0.20 $0.20
COMMON SHARES
Basic Shares Outstanding 162.2M shares 139.7M shares
Diluted Shares Outstanding 164.0M shares 141.1M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $246.3M $161.6M
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 $165.6M $134.9M
YoY Change 22.77% -7.61%
Goodwill $805.8M $675.6M
YoY Change 19.28%
Intangibles $51.02M $35.87M
YoY Change 42.27%
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 $14.48B $12.00B
YoY Change 20.66% 2.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.217B $945.0M
YoY Change 28.74% 27.7%
Long-Term Debt Due $129.0M $134.0M
YoY Change -3.73% -2.9%
Total Short-Term Liabilities $129.0M $134.0M
YoY Change -3.73% -2.9%
LONG-TERM LIABILITIES
Long-Term Debt $154.0M $296.0M
YoY Change -47.97% 0.68%
Other Long-Term Liabilities $132.0M $133.0M
YoY Change -0.75% -7.64%
Total Long-Term Liabilities $286.0M $429.0M
YoY Change -33.33% -2.05%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.0M $134.0M
Total Long-Term Liabilities $286.0M $429.0M
Total Liabilities $12.59B $10.58B
YoY Change 18.96% 2.06%
SHAREHOLDERS EQUITY
Retained Earnings $133.8M $86.92M
YoY Change 53.96%
Common Stock $1.671M $1.406M
YoY Change 18.85%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.53M $6.960M
YoY Change 51.29%
Treasury Stock Shares 1.000M shares 641.0K shares
Shareholders Equity $1.885B $1.413B
YoY Change
Total Liabilities & Shareholders Equity $14.48B $12.00B
YoY Change 20.66% 2.32%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $34.52M $28.54M
YoY Change 20.98% 32.23%
Depreciation, Depletion And Amortization $8.300M $8.200M
YoY Change 1.22% 49.09%
Cash From Operating Activities $244.1M $26.98M
YoY Change 804.84% -92.63%
INVESTING ACTIVITIES
Capital Expenditures $6.042M -$1.783M
YoY Change -438.87% -176.69%
Acquisitions -$26.96M
YoY Change
Other Investing Activities -$441.8M -$82.30M
YoY Change 436.82% -79.03%
Cash From Investing Activities -$447.9M -$82.26M
YoY Change 444.51% -79.16%
FINANCING ACTIVITIES
Cash Dividend Paid $16.93M
YoY Change 0.41%
Common Stock Issuance & Retirement, Net $3.755M -$696.0K
YoY Change -639.51% -157.47%
Debt Paid & Issued, Net $39.97M $11.02M
YoY Change 262.77% -93.2%
Cash From Financing Activities 236.0M -22.17M
YoY Change -1164.65% -126.18%
NET CHANGE
Cash From Operating Activities 244.1M 26.98M
Cash From Investing Activities -447.9M -82.26M
Cash From Financing Activities 236.0M -22.17M
Net Change In Cash 32.20M -77.45M
YoY Change -141.58% -238.87%
FREE CASH FLOW
Cash From Operating Activities $244.1M $26.98M
Capital Expenditures $6.042M -$1.783M
Free Cash Flow $238.1M $28.76M
YoY Change 727.74% -92.09%

Facts In Submission

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NumberOfSupplementalNonQualifiedRetirementPlans
2 RetirementPlans
CY2014Q1 fnb Bank Owned Life Insurance Fair Value Disclosure
BankOwnedLifeInsuranceFairValueDisclosure
312290000
CY2014Q1 fnb Percent Of Municipal Bond Portfolio Rated Or Better
PercentOfMunicipalBondPortfolioRatedOrBetter
0.985 pure
CY2014Q1 fnb Held To Maturity Securities With Contractual Maturities Amortized Cost
HeldToMaturitySecuritiesWithContractualMaturitiesAmortizedCost
233795000
CY2014Q1 fnb Single Issuer Trust Preferred Securities Amortized Cost
SingleIssuerTrustPreferredSecuritiesAmortizedCost
6881000
CY2014Q1 fnb Single Issuer Trust Preferred Securities Fair Value
SingleIssuerTrustPreferredSecuritiesFairValue
6020000
CY2014Q1 fnb Available For Sale Securities With Contractual Maturities Fair Value
AvailableForSaleSecuritiesWithContractualMaturitiesFairValue
295426000
CY2014Q1 fnb Minimum Corporation Reserves For Commercial Loan
MinimumCorporationReservesForCommercialLoan
500000
CY2014Q1 fnb Interest Payable Current And Noncurrent Fair Value Disclosure
InterestPayableCurrentAndNoncurrentFairValueDisclosure
6539000
CY2014Q1 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
128912000
CY2014Q1 fnb Percentage Of Securities Using Model Based Techniques
PercentageOfSecuritiesUsingModelBasedTechniques
0.002 pure
CY2014Q1 fnb Percentage Of Securities Using Market Based Information
PercentageOfSecuritiesUsingMarketBasedInformation
0.998 pure
CY2014Q1 fnb Percent Of Municipal Bond Portfolio General Obligation Bonds
PercentOfMunicipalBondPortfolioGeneralObligationBonds
0.989 pure
CY2014Q1 fnb Number Of Single Issue Securities
NumberOfSingleIssueSecurities
4 Security
CY2014Q1 fnb Available For Sale Securities With Contractual Maturities Amortized Cost
AvailableForSaleSecuritiesWithContractualMaturitiesAmortizedCost
299078000
CY2014Q1 fnb Percent Of Municipal Bond Portfolio With Credit Support
PercentOfMunicipalBondPortfolioWithCreditSupport
0.692 pure
CY2014Q1 fnb Percentage Of Each Trust Common Equity Owned By Corporation
PercentageOfEachTrustCommonEquityOwnedByCorporation
1.00 pure
CY2014Q1 fnb Held To Maturity Securities With Contractual Maturities Fair Value
HeldToMaturitySecuritiesWithContractualMaturitiesFairValue
234252000
CY2014Q1 fnb Rate Of Commitments To Extend Credit Dependent On Financial Condition
RateOfCommitmentsToExtendCreditDependentOnFinancialCondition
0.761 pure
CY2014Q1 fnb Minimum Amount To Allocate Specific Valuation Allowance
MinimumAmountToAllocateSpecificValuationAllowance
500000
CY2014Q1 fnb Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Fair Value Disclosure
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrustFairValueDisclosure
69465000
CY2014Q1 fnb Impaired Loans Cost To Sell
ImpairedLoansCostToSell
1165000
CY2014Q1 fnb Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
4567000
CY2014Q1 fnb Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
14714000
CY2014Q1 fnb Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
19281000
CY2014Q1 fnb Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
13945000
CY2014Q1 fnb Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
4102000
CY2014Q1 fnb Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
19281000
CY2014Q1 fnb Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
18047000
CY2014Q1 fnb Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
16595000
CY2014Q1 fnb Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
7746000
CY2014Q1 fnb Cash Collateral Already Posted Aggregate Fair Value
CashCollateralAlreadyPostedAggregateFairValue
3472000
CY2014Q1 fnb Derivative Liabilities At Carrying Value
DerivativeLiabilitiesAtCarryingValue
40165000
CY2014Q1 fnb Derivative Assets At Carrying Value
DerivativeAssetsAtCarryingValue
33292000
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 Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
13.21
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
640050 shares
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 Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
104374000
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
1402069000
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
239044000
CY2012Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
17367000
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
32565000
CY2012Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
254153000
CY2013Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
159624796 shares
CY2013Q4 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
AvailableForSaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsLessThanOneYear
54 Security
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1729033 shares
CY2013Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Interest Rate Range To
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresInterestRateRangeTo
0.0419 pure
CY2013Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Greater Than Or Equal To One Year
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositionsGreaterThanOrEqualToOneYear
14 Security
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
11.50
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
533524 shares
CY2013Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
68 Security
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2013Q4 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
80 Security
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
657585 shares
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Interest Rate Range From
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresInterestRateRangeFrom
0.0106 pure
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
10.23
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
110877 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
106882000
CY2013Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
50076000
CY2013Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
75205000
CY2013Q4 us-gaap Time Deposits
TimeDeposits
2606073000
CY2013Q4 us-gaap Liabilities Fair Value Disclosure Recurring
LiabilitiesFairValueDisclosureRecurring
43369000
CY2013Q4 us-gaap Subordinated Long Term Debt
SubordinatedLongTermDebt
84637000
CY2013Q4 us-gaap Loans And Leases Receivable Commercial Allowance
LoansAndLeasesReceivableCommercialAllowance
193000
CY2013Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
8637000
CY2013Q4 us-gaap Shortterm Debt Fair Value
ShorttermDebtFairValue
1241239000
CY2013Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
1241239000
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1608117000
CY2013Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
2200081000
CY2013Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
55051000
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-56924000
CY2013Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
53000
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
110784000
CY2013Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
145995000
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
824000
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1774383000
CY2013Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
38239000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
43369000
CY2013Q4 us-gaap Federal Funds Purchased
FederalFundsPurchased
270000000
CY2013Q4 us-gaap Schedule Of Insured Financial Obligations With Credit Deterioration Insured Contractual Payments Outstanding
ScheduleOfInsuredFinancialObligationsWithCreditDeteriorationInsuredContractualPaymentsOutstanding
1449227000
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
43369000
CY2013Q4 us-gaap Deposits
Deposits
10198232000
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
121870000
CY2013Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
10208268000
CY2013Q4 us-gaap Common Stock Value
CommonStockValue
1592000
CY2013Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
1423399000
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
13563405000
CY2013Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
841741000
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
130418000
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
143928000
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
104060000
CY2013Q4 us-gaap Liabilities
Liabilities
11789022000
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7061000
CY2013Q4 us-gaap Convertible Debt
ConvertibleDebt
578000
CY2013Q4 us-gaap Deposits Money Market Deposits And Negotiable Order Of Withdrawal Now
DepositsMoneyMarketDepositsAndNegotiableOrderOfWithdrawalNOW
3968679000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
CY2013Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
197534000
CY2013Q4 us-gaap Loans Receivable Commercial Construction
LoansReceivableCommercialConstruction
252842000
CY2013Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
9243780000
CY2013Q4 us-gaap Goodwill
Goodwill
764248000
CY2013Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1169482000
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
33317000
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
47608000
CY2013Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
9395310000
CY2013Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1199169000
CY2013Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
213981000
CY2013Q4 us-gaap Assets
Assets
13563405000
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
48144000
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
213981000
CY2013Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
37427000
CY2013Q4 us-gaap Interest Receivable
InterestReceivable
35520000
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
734257000
CY2013Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
34376000
CY2013Q4 us-gaap Securities Held As Collateral At Fair Value
SecuritiesHeldAsCollateralAtFairValue
860279000
CY2013Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
17182000
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
15674000
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1141650000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
CY2013Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1189563000
CY2013Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
23636000
CY2013Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
16447000
CY2013Q4 us-gaap Other Assets
OtherAssets
350867000
CY2013Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
8120389000
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
669220000
CY2013Q4 us-gaap Available For Sale Securities Equity Securities
AvailableForSaleSecuritiesEquitySecurities
2126000
CY2013Q4 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
2224000
CY2013Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
9506094000
CY2013Q4 us-gaap Bank Owned Life Insurance
BankOwnedLifeInsurance
289402000
CY2013Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1139524000
CY2013Q4 us-gaap Loans Held For Sale Mortgages
LoansHeldForSaleMortgages
7138000
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
33749000
CY2013Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
33317000
CY2013Q4 us-gaap Assets Fair Value Disclosure Recurring
AssetsFairValueDisclosureRecurring
1174967000
CY2013Q4 us-gaap Loans Receivable Net
LoansReceivableNet
9402448000
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
782401000
CY2013Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
305646000
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7154000
CY2013Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
41623000
CY2013Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
684894000
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
154032000
CY2013Q4 fnb Available For Sale Securities Carrying Value
AvailableForSaleSecuritiesCarryingValue
1141650000
CY2013Q4 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
SecuritiesWithCarryingValuePledgedToSecurePublicDepositsTrustDepositsAndForOtherPurposes
909548000
CY2013Q4 fnb Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
3294000
CY2013Q4 fnb Interest Receivable Fair Value Disclosure
InterestReceivableFairValueDisclosure
35520000
CY2013Q4 fnb Valuation For Impairment Of Loans With Pooled Reserves
ValuationForImpairmentOfLoansWithPooledReserves
500000
CY2013Q4 fnb Real Estate Acquired Through Foreclosure Fair Value Disclosure
RealEstateAcquiredThroughForeclosureFairValueDisclosure
19442000
CY2013Q4 fnb Derivative Assets Net Amount
DerivativeAssetsNetAmount
82000
CY2013Q4 fnb Bank Owned Life Insurance Fair Value Disclosure
BankOwnedLifeInsuranceFairValueDisclosure
292694000
CY2013Q4 fnb Interest Payable Current And Noncurrent Fair Value Disclosure
InterestPayableCurrentAndNoncurrentFairValueDisclosure
7061000
CY2013Q4 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
129498000
CY2013Q4 fnb Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust Fair Value Disclosure
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrustFairValueDisclosure
70442000
CY2013Q4 fnb Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
13194000
CY2013Q4 fnb Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
26101000
CY2013Q4 fnb Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
39295000
CY2013Q4 fnb Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
24379000
CY2013Q4 fnb Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
711000
CY2013Q4 fnb Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
39295000
CY2013Q4 fnb Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
25090000
CY2013Q4 fnb Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
15484000
CY2013Q4 fnb Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
11463000
CY2013Q4 fnb Cash Collateral Already Posted Aggregate Fair Value
CashCollateralAlreadyPostedAggregateFairValue
1976000
CY2013Q4 fnb Derivative Liabilities At Carrying Value
DerivativeLiabilitiesAtCarryingValue
43369000
CY2013Q4 fnb Derivative Assets At Carrying Value
DerivativeAssetsAtCarryingValue
33317000
CY2013Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4693876 shares
CY2013Q4 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
106882000
CY2013Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
54434000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
1033000
CY2013 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsOfLoans
592000
CY2013 fnb Loans And Leases Receivable Pooled Allowance Restructured
LoansAndLeasesReceivablePooledAllowanceRestructured
1005000
CY2013 fnb Loans And Leases Receivable Specific Allowance Restructured
LoansAndLeasesReceivableSpecificAllowanceRestructured
561000
CY2013 fnb Payoffs Received On Loans In Excess Of Expected Cash Flows
PayoffsReceivedOnLoansInExcessOfExpectedCashFlows
440000
CY2013 fnb Certain Loans Acquired In Transfer Not Accounted For As Available For Sale Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferNotAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldDisposalsOfLoans
42582000
CY2013 fnb Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetAccretionIncludedInEarnings
3176000
CY2013 us-gaap Allowance For Loan And Lease Losses Loans Acquired
AllowanceForLoanAndLeaseLossesLoansAcquired
5900000
CY2013 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
37078000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
78000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
6705000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Out Of Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersOutOfLevel3
6082000
CY2013 us-gaap Payments For Repurchase Of Trust Preferred Securities
PaymentsForRepurchaseOfTrustPreferredSecurities
130000000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
1698000
CY2013 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
16393000
CY2013 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
115352000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
38000
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
CY2013 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersIntoLevel3
CY2013 fnb Number Of Securities Transferred Between Different Levels Of Fair Value Hierarchy
NumberOfSecuritiesTransferredBetweenDifferentLevelsOfFairValueHierarchy
4 Securities
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CY2013Q1 fnb Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Net Performance Adjustment Weighted Average Net Performance Adjustment Grant Date Fair Value
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CY2014Q1 dei Entity Registrant Name
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CY2014Q1 dei Amendment Flag
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CY2014Q1 dei Entity Filer Category
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CY2014Q1 dei Document Type
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CY2014Q1 dei Document Period End Date
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CY2014Q1 dei Entity Central Index Key
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CY2014Q1 dei Current Fiscal Year End Date
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CY2014Q1 dei Document Fiscal Period Focus
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<div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>BUSINESS</b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman"> F.N.B. Corporation (the Corporation), headquartered in Hermitage, Pennsylvania, is a regional diversified financial services company operating in six states and three major metropolitan areas, including Pittsburgh, Pennsylvania, Baltimore, Maryland and Cleveland, Ohio. As of March&#xA0;31, 2014, the Corporation had 283 banking offices throughout Pennsylvania, Ohio, Maryland and West Virginia. The Corporation provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania (FNBPA). Commercial banking solutions include corporate banking, small business banking, investment real estate financing, business credit, capital markets and lease financing. Consumer banking products and services include deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. Wealth management services include asset management, private banking and insurance. The Corporation also operates Regency Finance Company (Regency), which had 72 consumer finance offices in Pennsylvania, Ohio, Kentucky and Tennessee as of March&#xA0;31, 2014.</p> </div>
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CY2014Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Into Level3
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CY2014Q1 fnb Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Accretion Included In Earnings
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CY2014Q1 fnb Number Of Banking Offices
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CY2014Q1 fnb Number Of Consumer Finance Offices
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72 Office
CY2014Q1 fnb Threshold Period Past Due For Default Status Of Trade Accounts Receivable
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P90D
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3335000

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