2017 Q1 Form 10-Q Financial Statement

#000119312517162835 Filed on May 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $195.0M $155.8M
YoY Change 25.2% 16.78%
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 $17.30M $11.80M
YoY Change 46.61% 0.85%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $22.00M $15.40M
YoY Change 42.86% 34.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $29.46M $37.98M
YoY Change -22.43% -33.73%
Income Tax $6.484M $11.85M
% Of Pretax Income 22.01% 31.2%
Net Earnings $23.00M $26.13M
YoY Change -11.99% -35.23%
Net Earnings / Revenue 11.79% 16.78%
Basic Earnings Per Share $0.09 $0.12
Diluted Earnings Per Share $0.09 $0.12
COMMON SHARES
Basic Shares Outstanding 237.4M shares 193.6M shares
Diluted Shares Outstanding 239.3M shares 194.9M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $450.4M $345.9M
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 $355.4M $208.7M
YoY Change 70.33% 22.85%
Goodwill $2.250B $1.007B
YoY Change 123.48% 21.36%
Intangibles $134.7M $80.12M
YoY Change 68.13% 76.0%
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 $30.19B $20.32B
YoY Change 48.54% 24.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $3.586B $1.564B
YoY Change 129.3% -10.15%
Long-Term Debt Due $130.0M $124.0M
YoY Change 4.84% -3.13%
Total Short-Term Liabilities $130.0M $124.0M
YoY Change 4.84% -3.13%
LONG-TERM LIABILITIES
Long-Term Debt $366.0M $232.0M
YoY Change 57.76% 64.54%
Other Long-Term Liabilities $226.0M $195.0M
YoY Change 15.9% 43.38%
Total Long-Term Liabilities $592.0M $427.0M
YoY Change 38.64% 54.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $130.0M $124.0M
Total Long-Term Liabilities $592.0M $427.0M
Total Liabilities $25.83B $17.81B
YoY Change 45.09% 25.19%
SHAREHOLDERS EQUITY
Retained Earnings $299.8M $242.0M
YoY Change 23.87% 25.11%
Common Stock $4.024B $2.217B
YoY Change 81.49% 125655.59%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.71M $14.33M
YoY Change 23.61% -19.7%
Treasury Stock Shares 1.526M shares 1.283M shares
Shareholders Equity $4.356B $2.518B
YoY Change
Total Liabilities & Shareholders Equity $30.19B $20.32B
YoY Change 48.54% 24.85%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $23.00M $26.13M
YoY Change -11.99% -35.23%
Depreciation, Depletion And Amortization $17.30M $11.80M
YoY Change 46.61% 0.85%
Cash From Operating Activities $18.63M $93.90M
YoY Change -80.16% 41.63%
INVESTING ACTIVITIES
Capital Expenditures $23.19M $13.88M
YoY Change 67.07% 123.87%
Acquisitions -$197.7M -$46.85M
YoY Change 321.91%
Other Investing Activities -$244.8M $58.80M
YoY Change -516.33% -126.79%
Cash From Investing Activities -$268.0M $44.90M
YoY Change -696.94% -119.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $957.0K $1.232M
YoY Change -22.32% -74.2%
Debt Paid & Issued, Net $82.51M $51.55M
YoY Change 60.06% 683.49%
Cash From Financing Activities $328.4M -282.0M
YoY Change -216.44% -365.54%
NET CHANGE
Cash From Operating Activities $18.63M 93.90M
Cash From Investing Activities -$268.0M 44.90M
Cash From Financing Activities $328.4M -282.0M
Net Change In Cash $78.98M -143.2M
YoY Change -155.15% 169.17%
FREE CASH FLOW
Cash From Operating Activities $18.63M $93.90M
Capital Expenditures $23.19M $13.88M
Free Cash Flow -$4.554M $80.02M
YoY Change -105.69% 33.15%

Facts In Submission

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CY2016Q4 us-gaap Securities Held As Collateral At Fair Value
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CY2016Q4 us-gaap Subordinated Long Term Debt
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CY2016Q4 fnb Securities With Carrying Value Pledged To Secure Public Deposits Trust Deposits And For Other Purposes
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CY2016Q4 fnb Valuation For Impairment Of Loans With Pooled Reserves
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CY2017Q1 us-gaap Equipment Expense
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CY2017Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2017Q1 dei Document Type
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CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2017Q1 dei Entity Filer Category
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CY2017Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Of Loans
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CY2017Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
188000
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20969000
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4400000
CY2017Q1 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2017Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
207 Contract
CY2017Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
444000
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
424000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
3248000
CY2017Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
492227000
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
172752000
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25548000
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
328368000
CY2017Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
410000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
6032000
CY2017Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
3344000
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
194693000
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6484000
CY2017Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3401000
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
18632000
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
55116000
CY2017Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
549460000
CY2017Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1527000
CY2017Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
4 Segment
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23186000
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
119324000
CY2017Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
13570000
CY2017Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
3527000
CY2017Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
11740000
CY2017Q1 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
135405000
CY2017Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
350000
CY2017Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
11421000
CY2017Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
22466000
CY2017Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
957000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
13.00
CY2017Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
131792 shares
CY2017Q1 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <i>Use of Estimates</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt"> Our accounting and reporting policies conform with GAAP. The preparation of financial statements in conformity with GAAP requires us 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, accounting for acquired loans, fair value of financial instruments, goodwill and other intangible assets and income taxes.</p> </div>
CY2017Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.22
CY2017Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
27379000
CY2017Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
20517000
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
239254649 shares
CY2017Q1 us-gaap Supplies Expense
SuppliesExpense
2196000
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1875389 shares
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
243982 shares
CY2017Q1 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1020000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
2950 shares
CY2017Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
10.91
CY2017Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
8.92
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
119867000
CY2017Q1 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
11.83
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
207645 shares
CY2017Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
9.44
CY2017Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-803000
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237379260 shares
CY2017Q1 dei Trading Symbol
TradingSymbol
FNB
CY2017Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
12253 shares
CY2017Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
65998000
CY2017Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
10850000
CY2017Q1 us-gaap Professional Fees
ProfessionalFees
13043000
CY2017Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
286765000
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y9M
CY2017Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
49281 shares
CY2017Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
82506000
CY2017Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1782007000
CY2017Q1 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
2980000
CY2017Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-13403000
CY2017Q1 fnb Other Real Estate Owned Cost To Sell
OtherRealEstateOwnedCostToSell
200000
CY2017Q1 fnb Non Interest Expense Excluding Amortization Of Intangibles
NonInterestExpenseExcludingAmortizationOfIntangibles
184457000
CY2017Q1 fnb Certain Loans Acquired In Transfer Not Accounted For As Available For Sale Debt Securities Accretable Yield Reduction Due To Early Payoffs
CertainLoansAcquiredInTransferNotAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldReductionDueToEarlyPayoffs
20560000
CY2017Q1 fnb Number Of Consumer Finance Offices
NumberOfConsumerFinanceOffices
76 Office
CY2017Q1 fnb Restructured Loans Receivable Returned To Performing Status
RestructuredLoansReceivableReturnedToPerformingStatus
1800000
CY2017Q1 fnb Capital Markets Income
CapitalMarketsIncome
3847000
CY2017Q1 fnb Number Of Banking Offices
NumberOfBankingOffices
422 Office
CY2017Q1 fnb Provision For Loan And Lease Losses Fair Value Disclosure
ProvisionForLoanAndLeaseLossesFairValueDisclosure
6400000
CY2017Q1 fnb Sustained Period Past Due For Impairment Evaluation
SustainedPeriodPastDueForImpairmentEvaluation
P90D
CY2017Q1 fnb Defined Contribution Plan Employer Discretionary Contribution Percentage
DefinedContributionPlanEmployerDiscretionaryContributionPercentage
0.03 pure
CY2017Q1 fnb Gains Losses Included In Earnings On Non Recurring Assets Write Down
GainsLossesIncludedInEarningsOnNonRecurringAssetsWriteDown
-400000
CY2017Q1 fnb Business Acquisitions Pro Forma Net Income Loss Available To Common Stockholders
BusinessAcquisitionsProFormaNetIncomeLossAvailableToCommonStockholders
69968000
CY2017Q1 fnb Core Deposits Intangibles Amortization Period
CoreDepositsIntangiblesAmortizationPeriod
P10Y
CY2017Q1 fnb Other Real Estate Owned Written Down Value
OtherRealEstateOwnedWrittenDownValue
1600000
CY2017Q1 fnb Increase Decrease In Non Interest Bearing Deposits Savings And Negotiable Order Of Withdrawal Accounts
IncreaseDecreaseInNonInterestBearingDepositsSavingsAndNegotiableOrderOfWithdrawalAccounts
73291000
CY2017Q1 fnb Loans And Leases Receivable Pooled Allowance Restructured
LoansAndLeasesReceivablePooledAllowanceRestructured
3700000
CY2017Q1 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
14.54
CY2017Q1 fnb Short Term Borrowings Fair Value For Amounts That Maturity In Period
ShortTermBorrowingsFairValueForAmountsThatMaturityInPeriod
P90D
CY2016Q1 us-gaap Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
5282000
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1136000
CY2016Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-143174000
CY2016Q1 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
11759000
CY2016Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
0.12
CY2016Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
259784000
CY2017Q1 fnb Percentage Of Out Of Scope Interest Income And Non Interest Income
PercentageOfOutOfScopeInterestIncomeAndNonInterestIncome
0.80 pure
CY2016Q1 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
71000
CY2016Q1 us-gaap Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
5980000
CY2016Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
284092000
CY2016Q1 us-gaap Equipment Expense
EquipmentExpense
8556000
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
277000
CY2016Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
15501 shares
CY2016Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
39613000
CY2016Q1 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
255000
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
71000
CY2016Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
25294000
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
34 Contract
CY2016Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.12
CY2016Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
10494000
CY2016Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
7884000
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.12
CY2016Q1 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
24940000
CY2016Q1 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2462000
CY2016Q1 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
1595000
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
CY2016Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
13204000
CY2016Q1 us-gaap Dividend Income Operating
DividendIncomeOperating
5000
CY2016Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1904000
CY2016Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2649000
CY2016Q1 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2095000
CY2016Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsOfLoans
260000
CY2016Q1 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
71000
CY2016Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
7201000
CY2016Q1 us-gaap Fees And Commissions
FeesAndCommissions
21134000
CY2016Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2010000
CY2016Q1 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
3968000
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
277000
CY2016Q1 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
277000
CY2016Q1 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
2361000
CY2016Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2010000
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
137121000
CY2016Q1 us-gaap Interest Paid
InterestPaid
13794000
CY2016Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
122982000
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
46000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3145000
CY2016Q1 us-gaap Noninterest Income Other
NoninterestIncomeOther
4723000
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
0
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
56425000
CY2016Q1 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
3374000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
1693000
CY2016Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
217574000
CY2016Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
214000
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
26132000
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
349000
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37982000
CY2016Q1 us-gaap Interest Expense
InterestExpense
15400000
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
44919000
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
128586000
CY2016Q1 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
95503000
CY2016Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
9556000
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
1200000
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
93871000
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
46044000
CY2016Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
615199000
CY2016Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
109000
CY2016Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
4921000
CY2016Q1 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
1850000
CY2016Q1 us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
62000
CY2016Q1 us-gaap Occupancy Net
OccupancyNet
9266000
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax
188000
CY2016Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-46854000
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
136648000
CY2016Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
117000
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24122000
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
17482000
CY2016Q1 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
0
CY2016Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
192 Contract
CY2016Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
1301000
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
25000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
7719000
CY2016Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
510271000
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
140354000
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25294000
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-281964000
CY2016Q1 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
397000
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
14335000
CY2016Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
16270000
CY2016Q1 us-gaap Interest Expense Long Term Debt
InterestExpenseLongTermDebt
3553000
CY2016Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
9486000
CY2016Q1 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
2164000
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
155754000
CY2016Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
64000
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11850000
CY2016Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2018000
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13878000
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
77369000
CY2016Q1 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
94765000
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
240000
CY2016Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
28558000
CY2016Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
16493000
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1232000
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
12.79
CY2016Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
24806 shares
CY2016Q1 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
0.12
CY2016Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
43614000
CY2016Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
8049000
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
194877922 shares
CY2016Q1 us-gaap Supplies Expense
SuppliesExpense
2654000
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1292220 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
363799 shares
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
6368 shares
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
6.69
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Other Share Increase Decrease In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsOtherShareIncreaseDecreaseInPeriodWeightedAverageExercisePrice
7.83
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
170266000
CY2016Q1 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
12.07
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Other Increases Decreases In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOtherIncreasesDecreasesInPeriod
1707036 shares
CY2016Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
6.38
CY2016Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
96000
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
193585702 shares
CY2016Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
10870 shares
CY2016Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
42371000
CY2016Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
11768000
CY2016Q1 us-gaap Professional Fees
ProfessionalFees
9303000
CY2016Q1 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-687409000
CY2016Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
92650 shares
CY2016Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
51546000
CY2016Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
404020000
CY2016Q1 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
2617000
CY2016Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-47865000
CY2016Q1 fnb Non Interest Expense Excluding Amortization Of Intangibles
NonInterestExpenseExcludingAmortizationOfIntangibles
133999000
CY2016Q1 fnb Certain Loans Acquired In Transfer Not Accounted For As Available For Sale Debt Securities Accretable Yield Reduction Due To Early Payoffs
CertainLoansAcquiredInTransferNotAccountedForAsAvailableForSaleDebtSecuritiesAccretableYieldReductionDueToEarlyPayoffs
9375000
CY2016Q1 fnb Capital Markets Income
CapitalMarketsIncome
2849000
CY2016Q1 fnb Sustained Period Past Due For Impairment Evaluation
SustainedPeriodPastDueForImpairmentEvaluation
P90D
CY2016Q1 fnb Business Acquisitions Pro Forma Net Income Loss Available To Common Stockholders
BusinessAcquisitionsProFormaNetIncomeLossAvailableToCommonStockholders
37603000
CY2016Q1 fnb Increase Decrease In Non Interest Bearing Deposits Savings And Negotiable Order Of Withdrawal Accounts
IncreaseDecreaseInNonInterestBearingDepositsSavingsAndNegotiableOrderOfWithdrawalAccounts
411857000
CY2016Q1 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
11.50

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