2016 Q1 Form 10-K Financial Statement

#000082441016000015 Filed on March 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2014 Q4 2014 Q3
Revenue $41.65M $37.98M $37.15M
YoY Change 9.41% 2.33% -7.54%
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 $1.900M $1.800M $1.700M
YoY Change 11.76% -10.0% -15.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $5.531M $4.748M $4.730M
YoY Change 17.71% -0.23% -2.95%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $15.93M $13.23M $16.57M
YoY Change -4.55% -6.26% -10.47%
Income Tax $5.119M $4.086M $5.428M
% Of Pretax Income 32.13% 30.88% 32.76%
Net Earnings $10.81M $9.148M $11.14M
YoY Change -3.67% -4.84% -7.83%
Net Earnings / Revenue 25.96% 24.09% 29.99%
Basic Earnings Per Share $0.45 $0.37 $0.44
Diluted Earnings Per Share $0.45 $0.36 $0.44
COMMON SHARES
Basic Shares Outstanding 23.82M shares
Diluted Shares Outstanding 24.22M shares 25.15M shares

Balance Sheet

Concept 2016 Q1 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $196.9M $137.7M
YoY Change 66.25% 19.58%
Cash & Equivalents $159.4M $96.22M $91.96M
Short-Term Investments $37.53M $41.44M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $53.00M $49.40M $46.00M
YoY Change 3.92% 7.59% -1.4%
Goodwill $84.17M
YoY Change 0.0%
Intangibles $510.0K
YoY Change -61.65%
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 $4.717B $4.397B $4.249B
YoY Change 7.16% 7.09% 4.83%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $36.00M $44.00M $33.00M
YoY Change -16.28% 69.23% -2.94%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $121.0M $74.00M $71.00M
YoY Change 18.63% 37.04% 33.96%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $36.00M $44.00M $33.00M
YoY Change -16.28% 69.23% -2.94%
LONG-TERM LIABILITIES
Long-Term Debt $35.00M $35.00M $35.00M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $35.00M $35.00M $35.00M
YoY Change 0.0% 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.00M $44.00M $33.00M
Total Long-Term Liabilities $35.00M $35.00M $35.00M
Total Liabilities $4.194B $3.875B $3.726B
YoY Change 8.11% 7.45% 4.69%
SHAREHOLDERS EQUITY
Retained Earnings $330.8M $302.9M
YoY Change 7.22% 6.69%
Common Stock $187.3M $219.7M
YoY Change -11.24% 0.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $522.4M $521.8M $522.4M
YoY Change
Total Liabilities & Shareholders Equity $4.717B $4.397B $4.249B
YoY Change 7.16% 7.09% 4.84%

Cashflow Statement

Concept 2016 Q1 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $10.81M $9.148M $11.14M
YoY Change -3.67% -4.84% -7.83%
Depreciation, Depletion And Amortization $1.900M $1.800M $1.700M
YoY Change 11.76% -10.0% -15.0%
Cash From Operating Activities $15.90M $12.30M $16.90M
YoY Change 54.44% -12.14% -58.68%
INVESTING ACTIVITIES
Capital Expenditures $1.451M -$5.100M -$1.700M
YoY Change -52.35% 920.0% 70.0%
Acquisitions
YoY Change
Other Investing Activities $25.50M -$135.1M -$38.90M
YoY Change -291.73% 89.75% 21.94%
Cash From Investing Activities $24.10M -$140.0M -$40.70M
YoY Change -247.36% 95.26% 23.71%
FINANCING ACTIVITIES
Cash Dividend Paid $5.843M
YoY Change 5.07%
Common Stock Issuance & Retirement, Net $13.09M
YoY Change 42.52%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 46.50M 132.1M 4.900M
YoY Change -616.21% 154.04% -113.8%
NET CHANGE
Cash From Operating Activities 15.90M 12.30M 16.90M
Cash From Investing Activities 24.10M -140.0M -40.70M
Cash From Financing Activities 46.50M 132.1M 4.900M
Net Change In Cash 86.50M 4.400M -18.90M
YoY Change -674.1% -177.19% -31.27%
FREE CASH FLOW
Cash From Operating Activities $15.90M $12.30M $16.90M
Capital Expenditures $1.451M -$5.100M -$1.700M
Free Cash Flow $14.45M $17.40M $18.60M
YoY Change 99.3% 20.0% -55.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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4947000 USD
CY2013 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
122380000 USD
CY2014Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
74432000 USD
CY2015Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
46956000 USD
CY2014Q4 sasr Accrued Interest Payable And Other Liabilities
AccruedInterestPayableAndOtherLiabilities
44440000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
45355000 USD
CY2014 us-gaap Interest Expense Deposits
InterestExpenseDeposits
4791000 USD
CY2014 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
12982000 USD
CY2013 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2499000 USD
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.77
CY2014 sasr Other Comprehensive Income Loss Net Unrealized Gains Losses On Securities Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetUnrealizedGainsLossesOnSecuritiesNetOfTaxPeriodIncreaseDecrease
12807000 USD
CY2013 sasr Other Comprehensive Income Loss Net Unrealized Gains Losses On Securities Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetUnrealizedGainsLossesOnSecuritiesNetOfTaxPeriodIncreaseDecrease
-33214000 USD
CY2014 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
5090000 USD
CY2013 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
-13245000 USD
CY2014 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
2000 USD
CY2013 us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
46000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6866000 USD
CY2014 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7720000 USD
CY2013 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-19900000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-9235000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
9340000 USD
CY2014 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-3662000 USD
CY2013 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
3722000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
5573000 USD
CY2013 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-5618000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40347000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
30140000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7305000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7157000 USD
CY2013 us-gaap Depreciation And Amortization
DepreciationAndAmortization
8021000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
1979000 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
1688000 USD
CY2015 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-3000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
808000 USD
CY2013 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
3348000 USD
CY2015 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
193316000 USD
CY2014 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
137339000 USD
CY2013 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
251878000 USD
CY2015 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
191232000 USD
CY2014 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
137131000 USD
CY2013 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
284291000 USD
CY2015 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2861000 USD
CY2014 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1939000 USD
CY2013 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4629000 USD
CY2015 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-267000 USD
CY2014 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-161000 USD
CY2013 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1064000 USD
CY2015 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
809000 USD
CY2014 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
102000 USD
CY2013 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
140000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2015000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4053000 USD
CY2015 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-6267000 USD
CY2014 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
20166000 USD
CY2013 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-5965000 USD
CY2015 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-4628000 USD
CY2014 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
4997000 USD
CY2013 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-13046000 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
750000 USD
CY2013 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
7051000 USD
CY2015 sasr Payments For Acquisition Of Held To Maturity Securities
PaymentsForAcquisitionOfHeldToMaturitySecurities
2100000 USD
CY2014 sasr Payments For Acquisition Of Held To Maturity Securities
PaymentsForAcquisitionOfHeldToMaturitySecurities
0 USD
CY2013 sasr Payments For Acquisition Of Held To Maturity Securities
PaymentsForAcquisitionOfHeldToMaturitySecurities
20666000 USD
CY2015 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
46190000 USD
CY2014 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2013 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
161379000 USD
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
12943000 USD
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
3786000 USD
CY2013 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
11090000 USD
CY2015 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
121994000 USD
CY2014 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
89076000 USD
CY2013 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
198410000 USD
CY2015 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
372203000 USD
CY2014 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
346373000 USD
CY2013 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
259008000 USD
CY2015 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
2112000 USD
CY2014 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
488000 USD
CY2013 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
7780000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2014 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2013 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8572000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
8564000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2366000 USD
CY2015 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
197221000 USD
CY2014 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
189284000 USD
CY2013 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-35809000 USD
CY2015 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
34713000 USD
CY2014 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
20590000 USD
CY2013 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-33087000 USD
CY2015 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
2274000000 USD
CY2014 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
1805000000 USD
CY2013 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
1075000000 USD
CY2015 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
2244000000 USD
CY2014 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
1765000000 USD
CY2013 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
865058000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
487000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
394000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
153000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
350000 USD
CY2014 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
321000 USD
CY2013 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2015 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
22624000 USD
CY2014 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
910000 USD
CY2013 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
22397000 USD
CY2014 us-gaap Payments Of Dividends
PaymentsOfDividends
19216000 USD
CY2013 us-gaap Payments Of Dividends
PaymentsOfDividends
16130000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-23335000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
21790000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-11979000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72882000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96217000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
74427000 USD
CY2015 us-gaap Interest Paid
InterestPaid
20040000 USD
CY2014 us-gaap Interest Paid
InterestPaid
18833000 USD
CY2013 us-gaap Interest Paid
InterestPaid
19610000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
21060000 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
15154000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
20010000 USD
CY2015 sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
1947000 USD
CY2014 sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
2446000 USD
CY2013 sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
2764000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
86406000 USD
CY2013 us-gaap Dividends Common Stock
DividendsCommonStock
16130000 USD
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.9
CY2014 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.76
CY2013 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.64
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
157710000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
168136000 USD
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
39787 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
13834 shares
CY2013 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
10964 shares
CY2015 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
25136 shares
CY2014 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
24519 shares
CY2013 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
24849 shares
CY2015 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
55784 shares
CY2014 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
54535 shares
CY2013 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
48816 shares
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Use of Estimates</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The preparation of </font><font style='font-family:Times New Roman;font-size:10pt;' >financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, and affect the reported am</font><font style='font-family:Times New Roman;font-size:10pt;' >ounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those estimates. Estimates that could change significantly relate to the provision for loan and lease losses and the related allowance, determinati</font><font style='font-family:Times New Roman;font-size:10pt;' >on of impaired loans and the related measurement of impairment, potential impairment of goodwill or other intangible assets, valuation of investment securities and the determination of whether impaired securities are other-than-temporarily impaired, valuat</font><font style='font-family:Times New Roman;font-size:10pt;' >ion of other real estate owned, prepayment rates, valuation of share-based compensation, the assessment that a liability should be recognized with respect to any matters under litigation, the calculation of current and deferred income taxes and the actuari</font><font style='font-family:Times New Roman;font-size:10pt;' >al projections related to pension expense and the related liability.</font></p><p style='text-align:justify;line-height:12pt;' ></p></div>
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
253792000 USD
CY2015 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
CY2015Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
531000 USD
CY2014 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
CY2014Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
531000 USD
CY2013Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
531000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
301000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1100000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
500000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
18921000 USD
CY2014 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
7060000 USD
CY2014 us-gaap Loans And Leases Receivable Related Parties Collections
LoansAndLeasesReceivableRelatedPartiesCollections
4225000 USD
CY2015Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
579939000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
691000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
47900000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
332841000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
276647000 USD
CY2014Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
658079000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
306000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
714000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
160257000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
49385000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
174677000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
340852000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
255586000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
280535000 USD
CY2015Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
590826000 USD
CY2014Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
671486000 USD
CY2015Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
8269000 USD
CY2015Q4 us-gaap Marketable Securities
MarketableSecurities
41336000 USD
CY2014Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
8269000 USD
CY2014Q4 us-gaap Marketable Securities
MarketableSecurities
41437000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2015 sasr Net Gains Or Losses From Calls Of Investments Available For Sale
NetGainsOrLossesFromCallsOfInvestmentsAvailableForSale
18000 USD
CY2015 sasr Net Gains Or Losses From Calls Of Investments Held To Maturity
NetGainsOrLossesFromCallsOfInvestmentsHeldToMaturity
18000 USD
CY2014 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2014 sasr Net Gains Or Losses From Calls Of Investments Available For Sale
NetGainsOrLossesFromCallsOfInvestmentsAvailableForSale
2000 USD
CY2014 sasr Net Gains Or Losses From Calls Of Investments Held To Maturity
NetGainsOrLossesFromCallsOfInvestmentsHeldToMaturity
3000 USD
CY2013 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
3000 USD
CY2013 sasr Net Gains Or Losses From Calls Of Investments Available For Sale
NetGainsOrLossesFromCallsOfInvestmentsAvailableForSale
44000 USD
CY2013 sasr Net Gains Or Losses From Calls Of Investments Held To Maturity
NetGainsOrLossesFromCallsOfInvestmentsHeldToMaturity
74000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
21756000 USD
CY2015 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
8684000 USD
CY2015 us-gaap Loans And Leases Receivable Related Parties Collections
LoansAndLeasesReceivableRelatedPartiesCollections
9390000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
21050000 USD
CY2015 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3795000 USD
CY2014 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
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2278000 USD
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FinancingReceivableAllowanceForCreditLossesNetChargeOffs
801000 USD
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FinancingReceivableAllowanceForCreditLossesNetChargeOffs
3107000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
40895000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
37802000 USD
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses
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CY2012Q4 us-gaap Financing Receivable Allowance For Credit Losses
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42957000 USD
CY2015Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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28927000 USD
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3375000 USD
CY2015Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
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3466443000 USD
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29419000 USD
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3097973000 USD
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0.0121 pure
CY2014Q4 sasr Percentage Of Credit Loss Allowance To Loans
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0.0984 pure
CY2014 sasr Percentage Allowance On Losses
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0.0113 pure
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3375000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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37520000 USD
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0.0117 pure
CY2015Q4 sasr Percentage Of Credit Loss Allowance To Loans
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0.1167 pure
CY2015 sasr Percentage Allowance On Losses
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0.0108 pure
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2894000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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34908000 USD
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14208000 USD
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ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
11411000 USD
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ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
12217000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
14719000 USD
CY2014Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
18008000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
20306000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
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28927000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
29419000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Recorded Investment
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32523000 USD
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3058000 USD
CY2013Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
35708000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
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38766000 USD
CY2015 us-gaap Impaired Financing Receivable Average Recorded Investment
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29828000 USD
CY2014 us-gaap Impaired Financing Receivable Average Recorded Investment
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34331000 USD
CY2013 us-gaap Impaired Financing Receivable Average Recorded Investment
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38379000 USD
CY2015 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2527000 USD
CY2014 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2339000 USD
CY2013 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2612000 USD
CY2015 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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961000 USD
CY2014 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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773000 USD
CY2013 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
1374000 USD
CY2015 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
274000 USD
CY2014 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
280000 USD
CY2013 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
473000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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42461000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Related Allowance
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2894000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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42185000 USD
CY2014Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
5497000 USD
CY2014Q4 sasr Financing Receivable Recorded Investment Nonperforming
FinancingReceivableRecordedInvestmentNonperforming
34027000 USD
CY2014Q4 sasr Nonperforming Assets
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37222000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
30031000 USD
CY2015Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
4467000 USD
CY2015Q4 sasr Financing Receivable Recorded Investment Nonperforming
FinancingReceivableRecordedInvestmentNonperforming
34498000 USD
CY2015Q4 sasr Nonperforming Assets
NonperformingAssets
37240000 USD
CY2013 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7400000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7600000 USD
CY2015Q4 us-gaap Land
Land
9954000 USD
CY2014Q4 us-gaap Land
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9954000 USD
CY2015Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
61357000 USD
CY2014Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
63219000 USD
CY2015Q4 us-gaap Machinery And Equipment Gross
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31419000 USD
CY2015Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
898655000 USD
CY2014Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
828494000 USD
CY2015Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
284457000 USD
CY2014Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
264751000 USD
CY2015Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
248172000 USD
CY2014Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
239857000 USD
CY2015Q4 us-gaap Time Deposits100000 Or More
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260272000 USD
CY2014Q4 us-gaap Time Deposits100000 Or More
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205065000 USD
CY2015Q4 sasr Retail Repurchase Agreements Carrying Amount
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109145000 USD
CY2015Q4 sasr Retail Repurchase Agreements Average Amount
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110776000 USD
CY2014Q4 us-gaap Machinery And Equipment Gross
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37758000 USD
CY2015Q4 sasr Retail Repurchase Agreements Maximum Month End Balance
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128511000 USD
CY2013Q4 sasr Retail Repurchase Agreements Maximum Month End Balance
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59410000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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280000000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
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250000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
75000000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
0 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
160000000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
75000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
80000000 USD
CY2015Q4 us-gaap Property Plant And Equipment Gross
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102730000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
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110931000 USD
CY2015Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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49516000 USD
CY2014Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
61529000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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6589000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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5525000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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4391000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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4489000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
3905000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
17109000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
42008000 USD
CY2014 sasr Business Acquisition Fair Value Adjustment Amount
BusinessAcquisitionFairValueAdjustmentAmount
0 USD
CY2013Q4 us-gaap Goodwill
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84171000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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94000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
17000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
16000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
138000 USD
CY2015Q4 sasr Demand Deposit Overdraft Sreclassified As Loan
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1400000 USD
CY2014Q4 sasr Demand Deposit Overdraft Sreclassified As Loan
DemandDepositOverdraftSreclassifiedAsLoan
2200000 USD
CY2015Q4 us-gaap Percentage Of Interest Bearing Domestic Deposits To Deposits Time Deposits
PercentageOfInterestBearingDomesticDepositsToDepositsTimeDeposits
0.08 pure
CY2015 us-gaap Interest Expense Time Deposits100000 Or More
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2200000 USD
CY2014 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
1500000 USD
CY2013 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
1700000 USD
CY2015Q4 us-gaap Demand Deposit Accounts
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570333000 USD
CY2014Q4 us-gaap Demand Deposit Accounts
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534605000 USD
CY2015Q4 us-gaap Time Deposit Maturities Year One
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251383000 USD
CY2015Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
140535000 USD
CY2015Q4 us-gaap Time Deposit Maturities Year Three
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46321000 USD
CY2015Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
37986000 USD
CY2015Q4 us-gaap Time Deposits
TimeDeposits
508444000 USD
CY2015Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Or Less
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess
35887000 USD
CY2015Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Through Six Months
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsThroughSixMonths
31978000 USD
CY2015Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Six Months Through12 Months
ContractualMaturitiesTimeDeposits100000OrMoreSixMonthsThrough12Months
49942000 USD
CY2015Q4 us-gaap Contractual Maturities Time Deposits100000 Or More After12 Months
ContractualMaturitiesTimeDeposits100000OrMoreAfter12Months
142465000 USD
CY2015Q4 us-gaap Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
685000000 USD
CY2014Q4 us-gaap Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
655000000 USD
CY2014Q4 sasr Retail Repurchase Agreements Carrying Amount
RetailRepurchaseAgreementsCarryingAmount
74432000 USD
CY2014Q4 sasr Retail Repurchase Agreements Average Amount
RetailRepurchaseAgreementsAverageAmount
70097000 USD
CY2014Q4 sasr Retail Repurchase Agreements Maximum Month End Balance
RetailRepurchaseAgreementsMaximumMonthEndBalance
82702000 USD
CY2013Q4 sasr Retail Repurchase Agreements Carrying Amount
RetailRepurchaseAgreementsCarryingAmount
53842000 USD
CY2013Q4 sasr Retail Repurchase Agreements Average Amount
RetailRepurchaseAgreementsAverageAmount
55769000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
160000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
80000000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
80000000 USD
CY2015Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
10000000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
90000000 USD
CY2015Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
685000000 USD
CY2014Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
655000000 USD
CY2015 sasr Subordinated Borrowing Variable Interest Rate Description
SubordinatedBorrowingVariableInterestRateDescription
225 basis points over the three month Libor
CY2015 us-gaap Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
0.0257 pure
CY2015 us-gaap Subordinated Borrowing Due Date
SubordinatedBorrowingDueDate
2034-10-07
CY2004Q3 sasr Trust Preferred Securities Issued
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35000000 USD
CY2009Q3 sasr Subordinated Borrowing Fixed Interest Rate
SubordinatedBorrowingFixedInterestRate
0.0635 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.63
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.05
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.99
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y5M1D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y0M29D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y4M2D
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
20.88
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
26.2
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
15.12
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
27.86
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
19.7
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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224381 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
21245 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
71708 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
134131 shares
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y3M18D
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y2M12D
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
974000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
458000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1300000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
93330 shares
CY2015Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
887000 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
17.45
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.05 pure
CY2015 sasr Maximum Percentage Of Asset Allocated To Control Market Volatility
MaximumPercentageOfAssetAllocatedToControlMarketVolatility
more than 70%
CY2015 sasr Maximum Percentage Of Market Value For Initial Acquisition Of Equity Portion
MaximumPercentageOfMarketValueForInitialAcquisitionOfEquityPortion
not exceed 5%
CY2015 sasr Minimum Percentage Of Value Of Equity Portion For Sale
MinimumPercentageOfValueOfEquityPortionForSale
exceeds 10%
CY2015 sasr Maximum Percentage Of Corporate Debt Issuable To Single Issuer
MaximumPercentageOfCorporateDebtIssuableToSingleIssuer
not exceed 10%
CY2015 sasr Four Zero One K Provision Description
FourZeroOneKProvisionDescription
The Sandy Spring Bank 401(k) Plan includes a 401(k) provision with a Company match. The 401(k) provision is voluntary and covers all eligible employees after ninety days of service. Employees contributing to the 401(k) provision receive a matching contribution of 100% of the first 3% of compensation and 50% of the next 2% of compensation subject to employee contribution limitations. The Company matching contribution vests immediately. The Plan permits employees to purchase shares of Sandy Spring Bancorp, Inc. common stock with their 401(k) contributions, Company match, and other contributions under the Plan.
CY2015 sasr Profit Sharing And Matching Contribution
ProfitSharingAndMatchingContribution
2000000 USD
CY2014 sasr Profit Sharing And Matching Contribution
ProfitSharingAndMatchingContribution
1800000 USD
CY2013 sasr Profit Sharing And Matching Contribution
ProfitSharingAndMatchingContribution
1700000 USD
CY2015 sasr Executive Incentive Retirement Plan Benefit Cost
ExecutiveIncentiveRetirementPlanBenefitCost
200000 USD
CY2014 sasr Executive Incentive Retirement Plan Benefit Cost
ExecutiveIncentiveRetirementPlanBenefitCost
400000 USD
CY2013 sasr Executive Incentive Retirement Plan Benefit Cost
ExecutiveIncentiveRetirementPlanBenefitCost
300000 USD
CY2013Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
33559000 USD
CY2014 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1600000 USD
CY2014 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
367000 USD
CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0477 pure
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.04 pure
CY2014 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.06 pure
CY2013 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.055 pure
CY2012Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
14879000 USD
CY2014 us-gaap Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
8509000 USD
CY2014Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
42629000 USD
CY2015 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1629000 USD
CY2015 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-212000 USD
CY2015 us-gaap Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
-2659000 USD
CY2015Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
39416000 USD
CY2013Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
33244000 USD
CY2014 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
1362000 USD
CY2014Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
33200000 USD
CY2015 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-546000 USD
CY2015Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
30683000 USD
CY2015Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
8733000 USD
CY2014Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
9429000 USD
CY2015Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
39416000 USD
CY2014Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
42629000 USD
CY2015 sasr Defined Benefit Plan Unrecognized Net Actuarial Loss
DefinedBenefitPlanUnrecognizedNetActuarialLoss
13038000 USD
CY2014 sasr Defined Benefit Plan Unrecognized Net Actuarial Loss
DefinedBenefitPlanUnrecognizedNetActuarialLoss
14774000 USD
CY2015 sasr Defined Benefit Plan Net Periodic Pension Cost Not Yet Recognized
DefinedBenefitPlanNetPeriodicPensionCostNotYetRecognized
13038000 USD
CY2014 sasr Defined Benefit Plan Net Periodic Pension Cost Not Yet Recognized
DefinedBenefitPlanNetPeriodicPensionCostNotYetRecognized
14774000 USD
CY2013 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1550000 USD
CY2015 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1622000 USD
CY2014 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1971000 USD
CY2013 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1668000 USD
CY2015 sasr Adjustment Due To Settlement Accounting For Termination Liability
AdjustmentDueToSettlementAccountingForTerminationLiability
0 USD
CY2014 sasr Adjustment Due To Settlement Accounting For Termination Liability
AdjustmentDueToSettlementAccountingForTerminationLiability
0 USD
CY2013 sasr Adjustment Due To Settlement Accounting For Termination Liability
AdjustmentDueToSettlementAccountingForTerminationLiability
-269000 USD
CY2015 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1039000 USD
CY2014 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-120000 USD
CY2013 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1406000 USD
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0391 pure
CY2013 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
-3969000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
-1255000 USD
CY2013 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Increase Related To Change In Discount Rate Assumption
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeIncreaseRelatedToChangeInDiscountRateAssumption
-4099000 USD
CY2015 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
1955000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
-1032000 USD
CY2015 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Increase Related To Change In Discount Rate Assumption
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeIncreaseRelatedToChangeInDiscountRateAssumption
-2659000 USD
CY2015Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
13038000 USD
CY2015Q4 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Loss Applicable Tax Effect
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossApplicableTaxEffect
-5175000 USD
CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
7863000 USD
CY2015 us-gaap Defined Benefit Plan Amount To Be Amortized From Accumulated Other Comprehensive Income Loss Next Fiscal Year
DefinedBenefitPlanAmountToBeAmortizedFromAccumulatedOtherComprehensiveIncomeLossNextFiscalYear
1135000 USD
CY2013 sasr Defined Benefit Plan Unrecognized Net Actuarial Loss
DefinedBenefitPlanUnrecognizedNetActuarialLoss
5539000 USD
CY2013 sasr Defined Benefit Plan Net Periodic Pension Cost Not Yet Recognized
DefinedBenefitPlanNetPeriodicPensionCostNotYetRecognized
5539000 USD
CY2015Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
1596000 USD
CY2015Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
1460000 USD
CY2015Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1482000 USD
CY2015Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
1806000 USD
CY2015Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
1660000 USD
CY2015Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureBenefitPaymentsRemainderOfFiscalYear
10744000 USD
CY2015 sasr Letter Of Credit Fees
LetterOfCreditFees
790000 USD
CY2014 sasr Letter Of Credit Fees
LetterOfCreditFees
706000 USD
CY2013 sasr Letter Of Credit Fees
LetterOfCreditFees
881000 USD
CY2015 sasr Extension Fees
ExtensionFees
503000 USD
CY2014 sasr Extension Fees
ExtensionFees
560000 USD
CY2013 sasr Extension Fees
ExtensionFees
558000 USD
CY2015 us-gaap Other Income
OtherIncome
5521000 USD
CY2014 us-gaap Other Income
OtherIncome
4219000 USD
CY2013 us-gaap Other Income
OtherIncome
5260000 USD
CY2015 us-gaap Professional Fees
ProfessionalFees
4819000 USD
CY2014 us-gaap Professional Fees
ProfessionalFees
4544000 USD
CY2013 us-gaap Professional Fees
ProfessionalFees
4479000 USD
CY2015 sasr Other Real Estate Owned
OtherRealEstateOwned
76000 USD
CY2014 sasr Other Real Estate Owned
OtherRealEstateOwned
100000 USD
CY2013 sasr Other Real Estate Owned
OtherRealEstateOwned
-303000 USD
CY2015 us-gaap Postage Expense
PostageExpense
1173000 USD
CY2014 us-gaap Postage Expense
PostageExpense
1286000 USD
CY2013 us-gaap Postage Expense
PostageExpense
1299000 USD
CY2015 us-gaap Communication
Communication
1587000 USD
CY2014 us-gaap Communication
Communication
1507000 USD
CY2013 us-gaap Communication
Communication
1606000 USD
CY2015 us-gaap Other Expenses
OtherExpenses
10896000 USD
CY2014 us-gaap Other Expenses
OtherExpenses
10581000 USD
CY2013 us-gaap Other Expenses
OtherExpenses
9129000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23584000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
19523000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23445000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-3457000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-3468000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-3185000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Life Insurance
IncomeTaxReconciliationNondeductibleExpenseLifeInsurance
-900000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Life Insurance
IncomeTaxReconciliationNondeductibleExpenseLifeInsurance
-855000 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense Life Insurance
IncomeTaxReconciliationNondeductibleExpenseLifeInsurance
-875000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2182000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2879000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
200000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
299000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
17890000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
13671000 USD
CY2013 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
15391000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4140000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3103000 USD
CY2013 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3824000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
22030000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
16774000 USD
CY2013 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
19215000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
554000 USD
CY2013 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
2743000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-13000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
254000 USD
CY2013 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
605000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
16231000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
15022000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1852000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1542000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1276000 USD
CY2015Q4 sasr Deferredtaxliabilitiesbondaccretion
Deferredtaxliabilitiesbondaccretion
228000 USD
CY2014Q4 sasr Deferredtaxliabilitiesbondaccretion
Deferredtaxliabilitiesbondaccretion
174000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
18000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
16000 USD
CY2015Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
9154000 USD
CY2014Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
8972000 USD
CY2015Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
15796000 USD
CY2014Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
15504000 USD
CY2015 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
24609000 shares
CY2014 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
25047000 shares
CY2013 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
24961000 shares
CY2014 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
25047000 shares
CY2013 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
24961000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
89000 shares
CY2014 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
92000 shares
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1779000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
5175000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
5873000 USD
CY2015Q4 sasr Deferred Tax Assets Deferred Loan Fees And Costs
DeferredTaxAssetsDeferredLoanFeesAndCosts
315000 USD
CY2014Q4 sasr Deferred Tax Assets Deferred Loan Fees And Costs
DeferredTaxAssetsDeferredLoanFeesAndCosts
212000 USD
CY2015Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
522000 USD
CY2014Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
503000 USD
CY2015Q4 sasr Deferred Tax Assets Losses On Other Real Estate Owned
DeferredTaxAssetsLossesOnOtherRealEstateOwned
32000 USD
CY2014Q4 sasr Deferred Tax Assets Losses On Other Real Estate Owned
DeferredTaxAssetsLossesOnOtherRealEstateOwned
98000 USD
CY2015Q4 sasr Deferred Tax Assets Other Than Temporary Impairment
DeferredTaxAssetsOtherThanTemporaryImpairment
322000 USD
CY2014Q4 sasr Deferred Tax Assets Other Than Temporary Impairment
DeferredTaxAssetsOtherThanTemporaryImpairment
322000 USD
CY2015Q4 sasr Deferred Tax Assets Loan And Deposi Tpremium Or Discount
DeferredTaxAssetsLoanAndDeposiTpremiumOrDiscount
293000 USD
CY2014Q4 sasr Deferred Tax Assets Loan And Deposi Tpremium Or Discount
DeferredTaxAssetsLoanAndDeposiTpremiumOrDiscount
476000 USD
CY2015Q4 sasr Deferredtaxassetsreserveforrecourseloans
Deferredtaxassetsreserveforrecourseloans
199000 USD
CY2014Q4 sasr Deferredtaxassetsreserveforrecourseloans
Deferredtaxassetsreserveforrecourseloans
199000 USD
CY2015Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
0 USD
CY2014Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
273000 USD
CY2015Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
9000 USD
CY2014Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
6000 USD
CY2015Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
24950000 USD
CY2014Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
24763000 USD
CY2015Q4 us-gaap Real Estate Owned Valuation Allowance
RealEstateOwnedValuationAllowance
0 USD
CY2014Q4 us-gaap Real Estate Owned Valuation Allowance
RealEstateOwnedValuationAllowance
287000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
24950000 USD
CY2014Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
24476000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
4319000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
5327000 USD
CY2015Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1709000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2124000 USD
CY2015Q4 sasr Deferredtaxliabilitiesdepreciation
Deferredtaxliabilitiesdepreciation
1338000 USD
CY2014Q4 sasr Deferredtaxliabilitiesdepreciation
Deferredtaxliabilitiesdepreciation
55000 USD
CY2013 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
114000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24698000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
25075000 shares
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7000 shares
CY2014 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
56000 shares
CY2013 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
164000 shares
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
11312000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-2970000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
36000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
5000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
115000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
14000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
2000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
46000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
22000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
3000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
69000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
1736000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-9235000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
9340000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
698000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-3662000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
3722000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
1038000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-5573000 USD
CY2013 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
5618000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2687000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
113000 USD
CY2015Q4 sasr Concentration Risk Credit Risk Financial Instrument Commitments To Extend Credit
ConcentrationRiskCreditRiskFinancialInstrumentCommitmentsToExtendCredit
1284200000 USD
CY2014Q4 sasr Concentration Risk Credit Risk Financial Instrument Commitments To Extend Credit
ConcentrationRiskCreditRiskFinancialInstrumentCommitmentsToExtendCredit
1194255000 USD
CY2015Q4 sasr Impaired Financing Receivable Fair Value
ImpairedFinancingReceivableFairValue
25500000 USD
CY2014Q4 sasr Impaired Financing Receivable Fair Value
ImpairedFinancingReceivableFairValue
26500000 USD
CY2015Q4 sasr Impaired Financing Receivable With Specific Reserves
ImpairedFinancingReceivableWithSpecificReserves
3400000 USD
CY2014Q4 sasr Impaired Financing Receivable With Specific Reserves
ImpairedFinancingReceivableWithSpecificReserves
2900000 USD
CY2015Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
12091000 USD
CY2014Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
11014000 USD
CY2014 sasr Fair Value Measured On Nonrecurring Basis Losses
FairValueMeasuredOnNonrecurringBasisLosses
13646000 USD
CY2015 sasr Fair Value Measured On Nonrecurring Basis Losses
FairValueMeasuredOnNonrecurringBasisLosses
10268000 USD
CY2013Q4 us-gaap Assets
Assets
4106100000 USD
CY2015Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
38072000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
4699000 USD
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33373000 USD
CY2015Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
597000 USD
CY2015Q1 us-gaap Noninterest Income
NoninterestIncome
13159000 USD
CY2015Q1 us-gaap Noninterest Expense
NoninterestExpense
29244000 USD
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19174000 USD
CY2015Q4 us-gaap Income Tax Expense Benefit
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16570000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
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9704000 USD
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0.04 pure
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0.039 pure
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0.043 pure
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0.001 pure
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0.327 pure
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CY2015 dei Document Type
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CY2015 dei Amendment Flag
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CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 dei Document Fiscal Year Focus
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LitigationExpenseRecoveries
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LitigationExpenseRecoveries
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0.0038 pure
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0.002 pure
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FY
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23818385 shares
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SANDY SPRING BANCORP INC
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122000 USD
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No
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No
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0.0023 pure
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881000 USD
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845000 USD
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163125000 USD
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20041000 USD
CY2015Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
165620000 USD
CY2015Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
25190000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
1690000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
6763000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
163252000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
48268000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
219973000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
1694000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
6938000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
164787000 USD
CY2014Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
48841000 USD
CY2015Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
233200000 USD
CY2014Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
212900000 USD
CY2015Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Held To Maturity
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesHeldToMaturity
194300000 USD
CY2014Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Held To Maturity
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesHeldToMaturity
202400000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
11787000 USD
CY2015Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
3452701000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
13642000 USD
CY2014Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
3082209000 USD
CY2015 sasr Financing Receivable Troubled Debt Restructurings Restructured Accruing
FinancingReceivableTroubledDebtRestructuringsRestructuredAccruing
1900000 USD
CY2014 sasr Financing Receivable Troubled Debt Restructurings Restructured Accruing
FinancingReceivableTroubledDebtRestructuringsRestructuredAccruing
1600000 USD
CY2015Q4 sasr Time Deposit Maturities After Year Four1
TimeDepositMaturitiesAfterYearFour1
32219000 USD
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.034 pure
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0304 pure
CY2013 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.028 pure
CY2015 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1032000 USD
CY2014 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-251000 USD
CY2013 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-1255000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
96142000 USD
CY2015 us-gaap Defined Benefit Plan Investment Strategies Investment Fund Category
DefinedBenefitPlanInvestmentStrategiesInvestmentFundCategory
Investment strategies and asset allocations are based on careful consideration of plan liabilities, the plan’s funded status and the Company’s financial condition. Investment performance and asset allocation are measured and monitored on an ongoing basis. The current target allocations for plan assets are 50-70% for equity securities, 30-40% for fixed income securities and 0-10% for cash equivalents. This asset allocation has been set after taking into consideration the Plan’s current frozen status and the possibility of partial plan terminations over the intermediate term. Market volatility risk is controlled by limiting the asset allocation of the most volatile asset class, equities, to no more than 70% of the portfolio and by ensuring that there is sufficient liquidity to meet distribution requirements from the portfolio without disrupting long-term assets. Diversification of the equity portion of the portfolio is controlled by limiting the value of any initial acquisition so that it does not exceed 5% of the market value of the portfolio when purchased. The policy requires the sale of any portion of an equity position when its value exceeds 10% of the portfolio. Fixed income market volatility risk is managed by limiting the term of fixed income investments to five years. Fixed income investments must carry an “A” or better rating by a recognized credit rating agency. Corporate debt of a single issuer may not exceed 10% of the market value of the portfolio. The investment in derivative instruments such as “naked” call options, futures, commodities, and short selling is prohibited. Investment in equity index funds and the writing of “covered” call options (a conservative strategy to increase portfolio income) are permitted. Foreign currency-denominated debt instruments are not permitted. At December 31, 2015, management is of the opinion that there are no significant concentrations of risk in the assets of the plan with respect to any single entity, industry, country, commodity or investment fund that are not otherwise mitigated by FDIC insurance available to the participants of the plan and collateral pledged for any such amount that may not be covered by FDIC insurance. Investment performance is measured against industry accepted benchmarks. The risk tolerance and asset allocation limitations imposed by the policy are consistent with attaining the rate of return assumptions used in the actuarial funding calculations. The RPIC committee meets quarterly to review the activities of the investment managers to ensure adherence with the Investment Policy Statement.
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
50830000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
53664000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-20000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-291915000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-262337000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-233190000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
22624000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
910000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
217750000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
230463000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
125069000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1773000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
1452000 USD
CY2014Q4 sasr Other Held To Maturity Securities And Other Equity Securities
OtherHeldToMaturitySecuritiesAndOtherEquitySecurities
261410000 USD
CY2014Q4 us-gaap Loans Receivable Net
LoansReceivableNet
3089590000 USD
CY2014Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
88657000 USD
CY2014Q4 us-gaap Time Deposits
TimeDeposits
444922000 USD
CY2015Q4 sasr Other Held To Maturity Securities And Other Equity Securities
OtherHeldToMaturitySecuritiesAndOtherEquitySecurities
249601000 USD
CY2015Q4 us-gaap Loans Receivable Net
LoansReceivableNet
3454475000 USD
CY2015Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
90866000 USD
CY2015 dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
1
CY2015 sasr Stock Issued During Period Shares Director Stock Purchase Plan
StockIssuedDuringPeriodSharesDirectorStockPurchasePlan
837 shares
CY2015 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
870450 shares
CY2014 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
38032 shares
CY2015 us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<div><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0pt;' >Derivative Financial Instruments</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Derivative Loan Commitments</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Mortgage loan commitments are derivative loan commitments if the loan that will result from exercise of the commitment will be held for sale upon funding. Derivative</font><font style='font-family:Times New Roman;font-size:10pt;' > loan commitments are recognized at fair value on the consolidated statements of condition in other assets or other liabilities with changes in their fair values recorded as a component of mortgage banking activities in the consolidated statements of incom</font><font style='font-family:Times New Roman;font-size:10pt;' >e.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Mortgage l</font><font style='font-family:Times New Roman;font-size:10pt;' >oan commitments are issued to borrowers. Subsequent to commitment date, changes in the fair value of the loan commitment are recognized based on changes in the fair value of the underlying mortgage loan due to interest rate changes, changes </font><font style='font-family:Times New Roman;font-size:10pt;' >in the probability the derivative loan commitment will be exercised, and the passage of time. In estimating fair value, a probability is assigned to a loan commitment based on an expectation that it will be exercised and the loan will be funded.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Forward </font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >Loan Sale Commitments</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Loan sales agreements are evaluated to determine whether they meet the definition of a derivative as facts and circumstances may differ significantly. If agreements qualify, to protect against the price risk inherent in derivative loa</font><font style='font-family:Times New Roman;font-size:10pt;' >n commitments, the Company utilizes both &#8220;mandatory delivery&#8221; and &#8220;best efforts&#8221; forward loan sale commitments to mitigate the risk of potential decreases in the values of loans that would result from the exercise of the derivative loan commitments. Mandat</font><font style='font-family:Times New Roman;font-size:10pt;' >ory delivery contracts are accounted for as derivative instruments. Generally, best efforts contracts also meet the definition of derivative instruments after the loan to the borrower has closed. Accordingly, forward loan sale commitments that economicall</font><font style='font-family:Times New Roman;font-size:10pt;' >y hedge the closed loan inventory are recognized at fair value on the consolidated statements of condition in other assets or other liabilities with changes in their fair values recorded as a component of mortgage banking activities in the consolidated sta</font><font style='font-family:Times New Roman;font-size:10pt;' >tements of income. The Company estimates the fair value of its forward loan sales commitments using a methodology similar to that used for derivative loan commitments.</font></p><p style='text-align:justify;line-height:12pt;' ></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;margin-left:0pt;' >Interest Rate Swap Agreements</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >The Company enters into interest rate swaps (&#8220;swaps&#8221;) wi</font><font style='font-family:Times New Roman;font-size:10pt;' >th loan customers to provide a facility to mitigate the fluctuations in the variable rate on the respective loans. These swaps are matched in exact offsetting terms to swaps that the Company enters into with an outside third party. The swaps are reported</font><font style='font-family:Times New Roman;font-size:10pt;' > at fair value in other assets or other liabilities. The Company&#39;s swaps qualify as derivatives, but are not designated as hedging instruments, thus any net gain or loss resulting from changes in the fair value is recognized in other non-interest income. </font><font style='font-family:Times New Roman;font-size:10pt;' >Further discussion of the Company&#39;s financial derivatives is set forth</font><font style='font-family:Times New Roman;font-size:10pt;' > in</font><font style='font-family:Times New Roman;font-size:10pt;' > Note </font><font style='font-family:Times New Roman;font-size:10pt;' >18 </font><font style='font-family:Times New Roman;font-size:10pt;' >to the Consolidated Financial Statements. </font></p><p style='text-align:justify;line-height:12pt;' ></p></div>
CY2015 sasr Business Acquisition Fair Value Adjustment Amount
BusinessAcquisitionFairValueAdjustmentAmount
0 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
8623000 USD
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
8485000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
18339000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17829000 USD
CY2013 sasr Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligations
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligations
254000 USD
CY2013 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-271000 USD
CY2014 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
977000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Transition Asset Obligation Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetTransitionAssetObligationBeforeTax
-251000 USD
CY2014 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Increase Related To Change In Discount Rate Assumption
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeIncreaseRelatedToChangeInDiscountRateAssumption
8509000 USD
CY2013Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
5539000 USD
CY2014Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
14774000 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
101000 USD
CY2014 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
910000 USD
CY2015 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
22624000 USD
CY2015 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
1971000 USD
CY2014 us-gaap Defined Benefit Plan Benefits Paid
DefinedBenefitPlanBenefitsPaid
1406000 USD
CY2015 sasr Non Credit Portion Of Other Than Temporary Impairments Recognized In Other Comprehensive Income
NonCreditPortionOfOtherThanTemporaryImpairmentsRecognizedInOtherComprehensiveIncome
100000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
20494000 USD
CY2013 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
886000 USD
CY2013 us-gaap Loans And Leases Receivable Related Parties Collections
LoansAndLeasesReceivableRelatedPartiesCollections
2459000 USD

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