2014 Q4 Form 10-K Financial Statement

#000119312516481147 Filed on February 26, 2016

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4 2013
Revenue $440.4M
YoY Change 1.96%
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 $11.10M $49.00M $15.56M
YoY Change -77.35% 400.0% 11.63%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $44.34M
YoY Change -24.91%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $56.40M $39.20M $162.6M
YoY Change 43.88% -2.49% 5.43%
Income Tax $17.10M $10.70M $44.76M
% Of Pretax Income 30.32% 27.3% 27.53%
Net Earnings $39.30M $28.40M $117.8M
YoY Change 38.38% -2.07% 6.7%
Net Earnings / Revenue 26.75%
Basic Earnings Per Share $0.81
Diluted Earnings Per Share $223.9K $180.0K $0.80
COMMON SHARES
Basic Shares Outstanding 173.5M shares 158.9M shares 146.2M shares
Diluted Shares Outstanding 147.8M shares

Balance Sheet

Concept 2014 Q4 2013 Q4 2013
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $287.4M $214.0M
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 $168.8M $154.0M $154.0M
YoY Change 9.56% 9.74% 10.0%
Goodwill $832.2M $764.2M
YoY Change 8.89% 13.13%
Intangibles $47.50M $47.61M
YoY Change -0.22% 25.78%
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 $16.13B $13.56B $13.56B
YoY Change 18.9% 12.8% 12.8%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.042B $1.241B $1.112B
YoY Change 64.49% 14.6% 17.3%
Long-Term Debt Due $129.0M $129.0M $129.0M
YoY Change 0.0% -4.44% -4.44%
Total Short-Term Liabilities $129.0M $129.0M $129.0M
YoY Change 0.0% -4.44% -4.44%
LONG-TERM LIABILITIES
Long-Term Debt $141.0M $169.0M $169.0M
YoY Change -16.57% -42.32% -42.32%
Other Long-Term Liabilities $140.0M $130.0M $130.0M
YoY Change 7.69% -20.25% -20.25%
Total Long-Term Liabilities $281.0M $299.0M $299.0M
YoY Change -6.02% -34.43% -34.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.0M $129.0M $129.0M
Total Long-Term Liabilities $281.0M $299.0M $299.0M
Total Liabilities $14.11B $11.79B $11.79B
YoY Change 19.65% 10.99% 10.99%
SHAREHOLDERS EQUITY
Retained Earnings $176.1M $121.9M
YoY Change 44.51% 61.82%
Common Stock $1.801B $1.592M
YoY Change 113011.68% 13.88%
Preferred Stock
YoY Change
Treasury Stock (at cost) $16.28M $7.154M
YoY Change 127.58% 42.57%
Treasury Stock Shares 1.458M shares 657.6K shares
Shareholders Equity $2.021B $1.774B $1.774B
YoY Change
Total Liabilities & Shareholders Equity $16.13B $13.56B $13.56B
YoY Change 18.9% 12.8% 12.8%

Cashflow Statement

Concept 2014 Q4 2013 Q4 2013
OPERATING ACTIVITIES
Net Income $39.30M $28.40M $117.8M
YoY Change 38.38% -2.07% 6.7%
Depreciation, Depletion And Amortization $11.10M $49.00M $15.56M
YoY Change -77.35% 400.0% 11.63%
Cash From Operating Activities $68.30M $121.9M $386.1M
YoY Change -43.97% 90.17% -29.03%
INVESTING ACTIVITIES
Capital Expenditures -$7.600M -$7.200M $14.88M
YoY Change 5.56% 46.94% 16.45%
Acquisitions -$141.6M
YoY Change -30.41%
Other Investing Activities -$365.7M -$149.9M -$629.5M
YoY Change 143.96% -22.77% -19.37%
Cash From Investing Activities -$373.4M -$157.1M -$644.4M
YoY Change 137.68% -21.02% -18.79%
FINANCING ACTIVITIES
Cash Dividend Paid $71.25M
YoY Change 5.32%
Common Stock Issuance & Retirement, Net $54.43M $62.09M
YoY Change 598.06%
Debt Paid & Issued, Net $248.0M
YoY Change 25.52%
Cash From Financing Activities 354.4M -34.30M 233.3M
YoY Change -1133.24% -644.44% -16.56%
NET CHANGE
Cash From Operating Activities 68.30M 121.9M 386.1M
Cash From Investing Activities -373.4M -157.1M -644.4M
Cash From Financing Activities 354.4M -34.30M 233.3M
Net Change In Cash 49.30M -69.50M -25.06M
YoY Change -170.94% -45.91% -183.29%
FREE CASH FLOW
Cash From Operating Activities $68.30M $121.9M $386.1M
Capital Expenditures -$7.600M -$7.200M $14.88M
Free Cash Flow $75.90M $129.1M $371.2M
YoY Change -41.21% 87.1% -30.13%

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53202000
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FiniteLivedIntangibleAssetsGross
136711000
CY2015Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
1643416000
CY2015Q4 us-gaap Deferred Tax Assets Other
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8020000
CY2015Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
1637061000
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
6315000
CY2015Q4 us-gaap Other Assets
OtherAssets
401704000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
403401000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
4896000
CY2015Q4 us-gaap Buildings And Improvements Gross
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143757000
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
70689000
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
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878730000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
403591000
CY2015Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
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169351000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
254062000
CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
132762000
CY2015Q4 us-gaap Goodwill
Goodwill
833086000
CY2015Q4 us-gaap Loans Receivable Commercial Construction
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352322000
CY2015Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
8326000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
10304000
CY2015Q4 us-gaap Bank Owned Life Insurance
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308192000
CY2015Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
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642765000
CY2015Q4 us-gaap Loans And Leases Receivable Consumer
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186162000
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
489119000
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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5312000
CY2015Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
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12190440000
CY2015Q4 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
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13353000
CY2015Q4 us-gaap Deferred Finance Costs Noncurrent Gross
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1500000
CY2015Q4 us-gaap Property Plant And Equipment Gross
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306846000
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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20657000
CY2015Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
16487000
CY2015Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1636526000
CY2015Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
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136744000
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
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5178000
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
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50414000
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
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53202000
CY2015Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
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64954000
CY2015Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
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172501000
CY2015Q4 fnb Single Issuer Trust Preferred Securities Fair Value
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4896000
CY2015Q4 fnb Percentage Of Securities Using Model Based Techniques
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0.001 pure
CY2015Q4 fnb Loans To Affiliate Amount Maximum
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225440000
CY2015Q4 fnb Fair Value Of Allocated Allowance
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3828000
CY2015Q4 fnb Minimum Amount To Allocate Specific Valuation Allowance
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500000
CY2015Q4 fnb Other Real Estate Fair Value Disclosure
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9960000
CY2015Q4 fnb Percentage Of Commitments To Extend Credit Dependent On Financial Condition
PercentageOfCommitmentsToExtendCreditDependentOnFinancialCondition
0.733 pure
CY2015Q4 fnb Percentage Of Securities Using Market Based Information
PercentageOfSecuritiesUsingMarketBasedInformation
0.999 pure
CY2015Q4 fnb Single Issuer Trust Preferred Securities Amortized Cost
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4245000
CY2015Q4 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
SecuritiesWithCarryingValuePledgedToSecurePublicDepositsTrustDepositsAndForOtherPurposes
1728939000
CY2015Q4 fnb Federal Home Loan Bank Credit Used
FederalHomeLoanBankCreditUsed
1490017000
CY2015Q4 fnb Subordinated Notes Short Term
SubordinatedNotesShortTerm
124164000
CY2015Q4 fnb Held To Maturity Securities With Contractual Maturities Amortized Cost
HeldToMaturitySecuritiesWithContractualMaturitiesAmortizedCost
373458000
CY2015Q4 fnb Percentage Of Each Trust Common Equity Owned
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1.00 pure
CY2015Q4 fnb Deferred Tax Liabilities Debt Discharge Income Deferral
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2042000
CY2015Q4 fnb Available For Sale Securities With Contractual Maturities Amortized Cost
AvailableForSaleSecuritiesWithContractualMaturitiesAmortizedCost
423678000
CY2015Q4 fnb Number Of Unconsolidated Subsidiary Trusts
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2 Trust
CY2015Q4 fnb Number Of Single Issue Securities
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3 Security
CY2015Q4 fnb Impaired Loans Cost To Sell
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39000
CY2015Q4 fnb Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Discount On Purchased Loans
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28503000
CY2015Q4 fnb Real Estate Acquired Through Foreclosure Fair Value Disclosure
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7831000
CY2015Q4 fnb Number Of Supplemental Non Qualified Retirement Plans
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2 RetirementPlans
CY2015Q4 fnb Time Deposits250000 Or More
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213805000
CY2015Q4 fnb Available For Sale Securities With Contractual Maturities Fair Value
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423133000
CY2015Q4 fnb Deferred Tax Liabilities Loan Fees
DeferredTaxLiabilitiesLoanFees
2966000
CY2015Q4 fnb Held To Maturity Securities With Contractual Maturities Fair Value
HeldToMaturitySecuritiesWithContractualMaturitiesFairValue
378115000
CY2015Q4 fnb Concentrations Of Loans
ConcentrationsOfLoans
0 Loans
CY2015Q4 fnb Valuation For Impairment Of Loans With Pooled Reserves
ValuationForImpairmentOfLoansWithPooledReserves
500000
CY2015Q4 fnb Aggregate Cash Reserves Required At Federal Reserve Bank
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6139000
CY2015Q4 fnb Impaired Loans Fair Value Disclosure
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2650000
CY2015Q4 fnb Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations Next12 Months
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitationsNext12Months
60000
CY2015Q4 fnb Minimum Reserves For Commercial Loan
MinimumReservesForCommercialLoan
500000
CY2015Q4 fnb Municipal Bonds Percent With Formal Credit Enhancement Insurance
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0.810 pure
CY2015Q4 fnb Allowances For Impaired Commercial Loans On Collateral Values
AllowancesForImpairedCommercialLoansOnCollateralValues
500000
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
346093000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.024 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
361664 shares
CY2013 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
60708 shares
CY2013 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.48
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
11.16
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
312061 shares
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
49995 shares
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0378 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
37828 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
15.58
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.006 pure
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1622522 shares
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.0725 pure
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
147809504 shares
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Rate Of Compensation Increase
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostRateOfCompensationIncrease
0.0400 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
734129 shares
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.002 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
7.90
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
274964 shares
CY2013 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.46
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
146186982 shares
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
10.42
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
11.10
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
69429 shares
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.81
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.275 pure
CY2013 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0.029 pure
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
14882000
CY2013 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1675000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
1326000
CY2013 us-gaap Net Income Loss
NetIncomeLoss
117804000
CY2013 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
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106882000
CY2013 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-10700000
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
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117804000
CY2013 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
643568000
CY2013 us-gaap Interest Paid
InterestPaid
46337000
CY2013 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
390983000
CY2013 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5242000
CY2013 us-gaap Payments Of Dividends Common Stock
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71246000
CY2013 us-gaap Interest Income Expense Net
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396042000
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
56877000
CY2013 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
129000
CY2013 us-gaap Increase Decrease In Trading Securities
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-125800000
CY2013 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1200000
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-141637000
CY2013 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
6874000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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269000
CY2013 us-gaap Fees And Commissions
FeesAndCommissions
68221000
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
34200000
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5878000
CY2013 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
808000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
289000
CY2013 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
701000
CY2013 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
3598000
CY2013 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
16598000
CY2013 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
373136000
CY2013 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
11286000
CY2013 us-gaap Noninterest Income Other
NoninterestIncomeOther
11815000
CY2013 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
166129000
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
247988000
CY2013 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
10016000
CY2013 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
440386000
CY2013 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-15291000
CY2013 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
3452000
CY2013 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
43504000
CY2013 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
1326000
CY2013 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
808000
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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15011000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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-18796000
CY2013 us-gaap Dividend Income Operating
DividendIncomeOperating
103000
CY2013 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
219324000
CY2013 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
364952000
CY2013 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
16751000
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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162560000
CY2013 us-gaap Transfer Of Other Real Estate
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15836000
CY2013 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
3845000
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
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-14280000
CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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107104000
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
375222000
CY2013 us-gaap Noninterest Income
NoninterestIncome
135778000
CY2013 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
5667000
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
44756000
CY2013 us-gaap Proceeds From Sale Of Available For Sale Securities
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22047000
CY2013 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
10192000
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
11258000
CY2013 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
4256000
CY2013 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
10443000
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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500000
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-25063000
CY2013 us-gaap Depreciation Amortization And Accretion Net
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30768000
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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8083000
CY2013 us-gaap Interest Expense
InterestExpense
44344000
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-604419000
CY2013 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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27000
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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233263000
CY2013 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
106882000
CY2013 us-gaap Other Noninterest Expense
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19730000
CY2013 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
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999000
CY2013 us-gaap Deferred Income Tax Expense Benefit
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11258000
CY2013 us-gaap Increase Decrease In Time Deposits
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62092000
CY2013 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
8210000
CY2013 us-gaap Defined Contribution Plan Cost Recognized
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9300000
CY2013 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
6349000
CY2013 us-gaap Proceeds From Sale Of Held To Maturity Securities
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17428000
CY2013 us-gaap Current State And Local Tax Expense Benefit
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-116000
CY2013 us-gaap Interest Expense Long Term Debt
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10480000
CY2013 us-gaap Proceeds From Stock Options Exercised
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365000
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
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92583000
CY2013 us-gaap Provision For Loan And Lease Losses
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31090000
CY2013 us-gaap Available For Sale Securities Gross Realized Losses
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392000
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-3165000
CY2013 us-gaap Supplies Expense
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6887000
CY2013 us-gaap Loan Portfolio Expense
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3945000
CY2013 us-gaap Allowance For Loan And Lease Losses Write Offs
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30530000
CY2013 us-gaap Occupancy Net
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26474000
CY2013 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
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24680000
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
33614000
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
33498000
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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1326000
CY2013 us-gaap Equipment Expense
EquipmentExpense
25214000
CY2013 us-gaap Labor And Related Expense
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179971000
CY2013 us-gaap Increase Decrease In Interest Payable Net
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-2173000
CY2013 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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-10121000
CY2013 us-gaap Professional Fees
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30257000
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
318000
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8407000
CY2013 us-gaap Communication
Communication
5063000
CY2013 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
345528000
CY2013 us-gaap Dividends Common Stock Cash
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<div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <i>Use of Estimates</i></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:6%; font-size:10pt; font-family:Times New Roman"> The accounting and reporting policies of the Corporation conform with GAAP. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates. Material estimates that are particularly susceptible to significant changes include the allowance for credit losses, securities valuations, goodwill and other intangible assets and income taxes.</p> </div>
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0
CY2015 fnb Sustained Period Past Due For Impairment Evaluation
SustainedPeriodPastDueForImpairmentEvaluation
P90D
CY2015 fnb Short Term Debt Weighted Average Interest Rate During Period
ShortTermDebtWeightedAverageInterestRateDuringPeriod
0.0042 pure
CY2015 fnb Percentage For Employee Automatic Contribution
PercentageForEmployeeAutomaticContribution
0.03 pure
CY2015 fnb Number Of Consumer Finance Offices
NumberOfConsumerFinanceOffices
76 Office
CY2015 fnb Non Interest Expense Excluding Amortization Of Intangibles
NonInterestExpenseExcludingAmortizationOfIntangibles
382244000
CY2015 fnb Restructured Loans Receivable Returned To Performing Status
RestructuredLoansReceivableReturnedToPerformingStatus
7338000
CY2015 fnb Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Net Performance Adjustment
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNetPerformanceAdjustment
13115 shares
CY2015 fnb Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Dividend Reinvestment In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsDividendReinvestmentInPeriodWeightedAverageGrantDateFairValue
11.86
CY2015 fnb Concentration Of Loan Percentage
ConcentrationOfLoanPercentage
Excess of 10%
CY2015 fnb Other Real Estate Owned Cost To Sell
OtherRealEstateOwnedCostToSell
881000
CY2015 fnb Maximum Lease Expiration Date
MaximumLeaseExpirationDate
2046
CY2015 fnb Deferred Tax Benefit From Stock Options Exercised
DeferredTaxBenefitFromStockOptionsExercised
130000
CY2015 fnb Short Term Borrowings Fair Value For Amounts That Maturity In Period
ShortTermBorrowingsFairValueForAmountsThatMaturityInPeriod
P90D
CY2015 fnb Number Of Banking Offices
NumberOfBankingOffices
288 Office
CY2015 fnb Number Of Metropolitan Statistical Areas
NumberOfMetropolitanStatisticalAreas
3 Location
CY2015 fnb Past Due Period For Loan To Be In Default
PastDuePeriodForLoanToBeInDefault
P90D
CY2015 fnb Provision For Loan And Lease Losses Fair Value Disclosure
ProvisionForLoanAndLeaseLossesFairValueDisclosure
1494000
CY2015 fnb Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value Amount
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValueAmount
8802000
CY2015 fnb Loans And Leases Receivable Pooled Allowance Restructured
LoansAndLeasesReceivablePooledAllowanceRestructured
3515000
CY2015 fnb Gains Losses Included In Earnings On Non Recurring Assets Write Down
GainsLossesIncludedInEarningsOnNonRecurringAssetsWriteDown
-3010000
CY2015 fnb Subordinated Debt Period Required For Redemption
SubordinatedDebtPeriodRequiredForRedemption
P30D
CY2015 fnb Core Deposits Intangibles Amortization Period
CoreDepositsIntangiblesAmortizationPeriod
P10Y
CY2015 fnb Transfer Of Available For Sale Securities To Other Assets
TransferOfAvailableForSaleSecuritiesToOtherAssets
56000
CY2015 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
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNetPerformanceAdjustmentWeightedAverageNetPerformanceAdjustmentGrantDateFairValue
19.74
CY2015 fnb Available For Sale Securities Income Tax Expense On Gain Or Loss On Sale
AvailableForSaleSecuritiesIncomeTaxExpenseOnGainOrLossOnSale
288000
CY2015 fnb Other Real Estate Owned Written Down Value
OtherRealEstateOwnedWrittenDownValue
6950000
CY2015 fnb Increase Decrease In Non Interest Bearing Deposits Savings And Negotiable Order Of Withdrawal Accounts
IncreaseDecreaseInNonInterestBearingDepositsSavingsAndNegotiableOrderOfWithdrawalAccounts
1259765000
CY2015 fnb Annuity Equivalent Of Contribution To Defined Contribution Plan Deducted From Monthly Benefit Of Basic Retirement Plan
AnnuityEquivalentOfContributionToDefinedContributionPlanDeductedFromMonthlyBenefitOfBasicRetirementPlan
0.03 pure
CY2008 fnb Defined Benefit Plan Assumptions Consecutive Term Of Employment
DefinedBenefitPlanAssumptionsConsecutiveTermOfEmployment
P10Y
CY2008 fnb Defined Benefit Plan Assumptions Consecutive Period Of Highest Average Compensation
DefinedBenefitPlanAssumptionsConsecutivePeriodOfHighestAverageCompensation
P5Y
CY2015 fnb Zero Point Five Percent Decrease In Discount Rate Estimated Effect On Pension Expense
ZeroPointFivePercentDecreaseInDiscountRateEstimatedEffectOnPensionExpense
33000
CY2015 fnb Zero Point Five Percent Decrease In Expected Long Term Rate Of Return On Plan Assets Estimated Effect On Pension Expense
ZeroPointFivePercentDecreaseInExpectedLongTermRateOfReturnOnPlanAssetsEstimatedEffectOnPensionExpense
687000
CY2015 fnb Effective Income Tax Rate Reconciliation Cash Surrender Value Of Life Insurance
EffectiveIncomeTaxRateReconciliationCashSurrenderValueOfLifeInsurance
0.013 pure
CY2015 fnb Allowance For Loan And Lease Loss Recovery And Provision For Bad Debts
AllowanceForLoanAndLeaseLossRecoveryAndProvisionForBadDebts
6713000

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