2018 Q1 Form 10-K Financial Statement

#000082441018000004 Filed on February 23, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q4 2016 Q4
Revenue $75.50M $50.68M $44.24M
YoY Change 64.29% 14.54% 7.72%
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 $3.000M $2.100M $2.100M
YoY Change 50.0% 0.0% 10.53%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $12.61M $7.184M $5.276M
YoY Change 121.09% 36.16% -0.4%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $28.37M $20.20M $20.20M
YoY Change 24.93% 0.02% 5.32%
Income Tax $6.706M $11.93M $6.879M
% Of Pretax Income 23.64% 59.07% 34.06%
Net Earnings $21.67M $8.267M $13.32M
YoY Change 43.36% -37.92% 4.01%
Net Earnings / Revenue 28.69% 16.31% 30.1%
Basic Earnings Per Share $0.61 $0.34 $0.55
Diluted Earnings Per Share $0.61 $0.34 $0.55
COMMON SHARES
Basic Shares Outstanding 35.45M shares 23.97M shares 23.89M shares
Diluted Shares Outstanding 35.68M shares

Balance Sheet

Concept 2018 Q1 2017 Q4 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $282.5M $158.0M $180.2M
YoY Change 96.92% -12.32% 57.79%
Cash & Equivalents $219.4M $112.5M $134.1M
Short-Term Investments $63.12M $45.52M $46.09M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $60.35M $54.76M $53.56M
YoY Change 13.87% 2.24% 0.65%
Goodwill $342.9M $85.77M $85.77M
YoY Change 0.0% 0.0%
Intangibles $11.41M $580.0K $680.0K
YoY Change -14.71% 392.75%
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 $7.895B $5.447B $5.091B
YoY Change 51.79% 6.98% 9.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $55.00M $34.00M $35.00M
YoY Change 34.15% -2.86% -7.89%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $149.0M $119.0M $125.0M
YoY Change 5.67% -4.8% 14.68%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $55.00M $34.00M $35.00M
YoY Change 34.15% -2.86% -7.89%
LONG-TERM LIABILITIES
Long-Term Debt $38.00M $0.00 $30.00M
YoY Change -100.0% -14.29%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $38.00M $0.00 $30.00M
YoY Change -100.0% -14.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $55.00M $34.00M $35.00M
Total Long-Term Liabilities $38.00M $0.00 $30.00M
Total Liabilities $6.880B $4.883B $4.558B
YoY Change 47.74% 7.13% 10.33%
SHAREHOLDERS EQUITY
Retained Earnings $392.4M $378.5M $350.4M
YoY Change 9.22% 8.01% 7.54%
Common Stock $639.9M $192.2M $189.8M
YoY Change 235.81% 1.27% -5.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.015B $563.8M $533.6M
YoY Change
Total Liabilities & Shareholders Equity $7.895B $5.447B $5.091B
YoY Change 51.79% 6.98% 9.37%

Cashflow Statement

Concept 2018 Q1 2017 Q4 2016 Q4
OPERATING ACTIVITIES
Net Income $21.67M $8.267M $13.32M
YoY Change 43.36% -37.92% 4.01%
Depreciation, Depletion And Amortization $3.000M $2.100M $2.100M
YoY Change 50.0% 0.0% 10.53%
Cash From Operating Activities $44.26M $12.30M $34.50M
YoY Change 29.18% -64.35% 400.0%
INVESTING ACTIVITIES
Capital Expenditures $2.842M -$2.800M -$1.500M
YoY Change 151.28% 86.67% -21.05%
Acquisitions -$32.55M
YoY Change
Other Investing Activities -$7.400M -$106.6M -$272.1M
YoY Change -95.14% -60.82% 290.95%
Cash From Investing Activities -$10.23M -$109.5M -$273.6M
YoY Change -93.33% -59.98% 282.66%
FINANCING ACTIVITIES
Cash Dividend Paid $9.267M
YoY Change 47.68%
Common Stock Issuance & Retirement, Net -$456.0K
YoY Change 65.22%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $72.89M 107.5M 275.0M
YoY Change -16.01% -60.91% 569.1%
NET CHANGE
Cash From Operating Activities $44.26M 12.30M 34.50M
Cash From Investing Activities -$10.23M -109.5M -273.6M
Cash From Financing Activities $72.89M 107.5M 275.0M
Net Change In Cash $106.9M 10.30M 35.90M
YoY Change -431.47% -71.31% -252.77%
FREE CASH FLOW
Cash From Operating Activities $44.26M $12.30M $34.50M
Capital Expenditures $2.842M -$2.800M -$1.500M
Free Cash Flow $41.42M $15.10M $36.00M
YoY Change 25.02% -58.06% 309.09%

Facts In Submission

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EarningsPerShareDiluted
1.84
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-651000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
1736000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7976000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7958000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
2164000 USD
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
1979000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
6089000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
349000 USD
CY2017 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
142877000 USD
CY2016 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
196726000 USD
CY2017 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
149367000 USD
CY2016 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
239705000 USD
CY2017 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
3403000 USD
CY2016 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
3877000 USD
CY2017 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
68000 USD
CY2016 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-48000 USD
CY2017 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
891000 USD
CY2016 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1146000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
9829000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
5134000 USD
CY2017 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-1007000 USD
CY2016 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2932000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5174000 USD
CY2016 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1873000 USD
CY2017 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
125028000 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
287211000 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 USD
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
5004000 USD
CY2017 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
123762000 USD
CY2016 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
298803000 USD
CY2017 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
427773000 USD
CY2016 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
469942000 USD
CY2017 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1275000 USD
CY2016 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1393000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1347000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7441000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5798000 USD
CY2017 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
386118000 USD
CY2016 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
313814000 USD
CY2017 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-5760000 USD
CY2016 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
15974000 USD
CY2017 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
3965000000 USD
CY2016 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
2665000000 USD
CY2017 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
3989167000 USD
CY2016 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
2560000000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1200000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1580000 USD
CY2017 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2016 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
13273000 USD
CY2015 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
22624000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
25134000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
23676000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
22397000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-21625000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
61243000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-23335000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
112500000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
134125000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
72882000 USD
CY2017 us-gaap Interest Paid
InterestPaid
26377000 USD
CY2016 us-gaap Interest Paid
InterestPaid
21377000 USD
CY2015 us-gaap Interest Paid
InterestPaid
20040000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
31738000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
22331000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
21060000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
96217000 USD
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.04
CY2016 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.98
CY2015 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.9
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
30567 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
44067 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
39787 shares
CY2017 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
17578 shares
CY2016 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
23779 shares
CY2015 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
25136 shares
CY2017 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
47064 shares
CY2016 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
49468 shares
CY2015 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
55784 shares
CY2017 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 losses and the related allowance, determination of impa</font><font style='font-family:Times New Roman;font-size:10pt;' >ired 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, valuation of oth</font><font style='font-family:Times New Roman;font-size:10pt;' >er real estate owned, 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 actuarial projections related to pe</font><font style='font-family:Times New Roman;font-size:10pt;' >nsion expense and the related liability.</font></p><p style='text-align:justify;line-height:12pt;' ></p></div>
CY2017 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
531000 USD
CY2016 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
CY2016Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
531000 USD
CY2015Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
531000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
12789000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
180109000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
228484000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
306771000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
728153000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
7493000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
282468000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
282708000 USD
CY2016Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
729622000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
12889000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
7541000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
184264000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
162233000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
227688000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
282713000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
304454000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
279844000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
729295000 USD
CY2016Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
732331000 USD
CY2017Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
8398000 USD
CY2017Q4 us-gaap Marketable Securities
MarketableSecurities
45518000 USD
CY2016Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
8334000 USD
CY2016Q4 us-gaap Marketable Securities
MarketableSecurities
46094000 USD
CY2017 sasr Net Gains Or Losses From Calls Of Investments Available For Sale
NetGainsOrLossesFromCallsOfInvestmentsAvailableForSale
32000 USD
CY2017 sasr Net Gains Or Losses From Calls Of Investments Held To Maturity
NetGainsOrLossesFromCallsOfInvestmentsHeldToMaturity
0 USD
CY2016 sasr Net Gains Or Losses From Calls Of Investments Available For Sale
NetGainsOrLossesFromCallsOfInvestmentsAvailableForSale
440000 USD
CY2016 sasr Net Gains Or Losses From Calls Of Investments Held To Maturity
NetGainsOrLossesFromCallsOfInvestmentsHeldToMaturity
1000 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
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1800000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1400000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
21050000 USD
CY2016 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
21355000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
41988000 USD
CY2017 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
6140000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
36712000 USD
CY2016 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2082000 USD
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
2566000 USD
CY2016 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3134000 USD
CY2015 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3795000 USD
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
779000 USD
CY2016 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
760000 USD
CY2015 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1517000 USD
CY2017 sasr Financing Receivable Allowance For Credit Losses Net Charge Offs
FinancingReceivableAllowanceForCreditLossesNetChargeOffs
1787000 USD
CY2016 sasr Financing Receivable Allowance For Credit Losses Net Charge Offs
FinancingReceivableAllowanceForCreditLossesNetChargeOffs
2374000 USD
CY2015 sasr Financing Receivable Allowance For Credit Losses Net Charge Offs
FinancingReceivableAllowanceForCreditLossesNetChargeOffs
2278000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
45257000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
44067000 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
CY2017Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
20809000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4014000 USD
CY2017Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
4293439000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
41243000 USD
CY2017Q4 sasr Allowance For Loans And Leases To Total Loans And Leases Ratio
AllowanceForLoansAndLeasesToTotalLoansAndLeasesRatio
0.0105 pure
CY2017Q4 sasr Percentage Of Credit Loss Allowance To Loans
PercentageOfCreditLossAllowanceToLoans
0.1929 pure
CY2017 sasr Percentage Allowance On Losses
PercentageAllowanceOnLosses
0.0096 pure
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4825000 USD
CY2017Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
11693000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
13563000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
14208000 USD
CY2017Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
9116000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
10529000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
14719000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
20809000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
24092000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
28927000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3375000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
37520000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
40895000 USD
CY2017 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
23179000 USD
CY2016 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
26382000 USD
CY2015 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
29828000 USD
CY2017 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2314000 USD
CY2015 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2527000 USD
CY2017 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
754000 USD
CY2016 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
511000 USD
CY2015 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
961000 USD
CY2017 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
169000 USD
CY2016 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
186000 USD
CY2015 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
274000 USD
CY2016Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
24092000 USD
CY2016Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
3903716000 USD
CY2016Q4 sasr Allowance For Loans And Leases To Total Loans And Leases Ratio
AllowanceForLoansAndLeasesToTotalLoansAndLeasesRatio
0.0112 pure
CY2016Q4 sasr Percentage Of Credit Loss Allowance To Loans
PercentageOfCreditLossAllowanceToLoans
0.2003 pure
CY2016 sasr Percentage Allowance On Losses
PercentageAllowanceOnLosses
0.0101 pure
CY2017Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
4014000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
32689000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
4825000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
39016000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
29211000 USD
CY2016Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2489000 USD
CY2016Q4 sasr Financing Receivable Recorded Investment Nonperforming
FinancingReceivableRecordedInvestmentNonperforming
31932000 USD
CY2016Q4 sasr Nonperforming Assets
NonperformingAssets
33843000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
26336000 USD
CY2017Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2788000 USD
CY2017Q4 sasr Financing Receivable Recorded Investment Nonperforming
FinancingReceivableRecordedInvestmentNonperforming
29349000 USD
CY2017Q4 sasr Nonperforming Assets
NonperformingAssets
31602000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7300000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
7600000 USD
CY2017Q4 us-gaap Land
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10160000 USD
CY2016Q4 us-gaap Land
Land
10160000 USD
CY2017Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
64278000 USD
CY2016Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
62215000 USD
CY2017Q4 us-gaap Machinery And Equipment Gross
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37452000 USD
CY2016Q4 us-gaap Machinery And Equipment Gross
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35152000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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111890000 USD
CY2016Q4 us-gaap Property Plant And Equipment Gross
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107527000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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57129000 USD
CY2016Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
53965000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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6490000 USD
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6375000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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6042000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5339000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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4519000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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15479000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
44244000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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95000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
83000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
66000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
60000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
580000 USD
CY2017Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
2000000 USD
CY2016Q4 us-gaap Deposit Liabilities Reclassified As Loans Receivable1
DepositLiabilitiesReclassifiedAsLoansReceivable1
1300000 USD
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0.09 pure
CY2017 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
4500000 USD
CY2016 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
3200000 USD
CY2015 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
2200000 USD
CY2017Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
395750000 USD
CY2017Q4 us-gaap Time Deposit Maturities Year One
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365533000 USD
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TimeDepositMaturitiesYearTwo
187407000 USD
CY2017Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
71325000 USD
CY2017Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
28914000 USD
CY2017Q4 us-gaap Time Deposits
TimeDeposits
688951000 USD
CY2017Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Or Less
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsOrLess
33046000 USD
CY2017Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Three Months Through Six Months
ContractualMaturitiesTimeDeposits100000OrMoreThreeMonthsThroughSixMonths
68127000 USD
CY2017Q4 us-gaap Contractual Maturities Time Deposits100000 Or More Six Months Through12 Months
ContractualMaturitiesTimeDeposits100000OrMoreSixMonthsThrough12Months
111421000 USD
CY2017Q4 us-gaap Contractual Maturities Time Deposits100000 Or More After12 Months
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183156000 USD
CY2017Q4 sasr Retail Repurchase Agreements Carrying Amount
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119359000 USD
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133356000 USD
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147459000 USD
CY2016Q4 sasr Retail Repurchase Agreements Carrying Amount
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125119000 USD
CY2016Q4 sasr Retail Repurchase Agreements Average Amount
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120711000 USD
CY2016Q4 sasr Retail Repurchase Agreements Maximum Month End Balance
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139325000 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
CY2015Q4 sasr Retail Repurchase Agreements Maximum Month End Balance
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128511000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
575000000 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
470000000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
80000000 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From One To Two Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromOneToTwoYearsOfBalanceSheetDate
150000000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
100833000 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Two To Three Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromTwoToThreeYearsOfBalanceSheetDate
80000000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
10000000 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Three To Four Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromThreeToFourYearsOfBalanceSheetDate
80000000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
0 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due From Four To Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueFromFourToFiveYearsOfBalanceSheetDate
10000000 USD
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
0 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due After Five Years Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueAfterFiveYearsOfBalanceSheetDate
0 USD
CY2017Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
765833000 USD
CY2016Q4 us-gaap Advances From Federal Home Loan Banks
AdvancesFromFederalHomeLoanBanks
790000000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
13.42
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
7.75
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
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y9M
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y5M
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.46
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
42.48
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
19.39
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
30.07
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.22
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
108503 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
12941 shares
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
3577 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
87300 shares
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y6M
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y6M
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1160000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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669000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
1902000 USD
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56815 shares
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
943000 USD
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
22.42
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.06 pure
CY2017 sasr Maximum Percentage Of Asset Allocated To Control Market Volatility
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more than 70%
CY2017 sasr Maximum Percentage Of Market Value For Initial Acquisition Of Equity Portion
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not exceed 5%
CY2017 sasr Minimum Percentage Of Value Of Equity Portion For Sale
MinimumPercentageOfValueOfEquityPortionForSale
exceeds 10%
CY2017 sasr Maximum Percentage Of Corporate Debt Issuable To Single Issuer
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not exceed 10%
CY2017 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.
CY2017 sasr Profit Sharing And Matching Contribution
ProfitSharingAndMatchingContribution
2000000 USD
CY2016 sasr Profit Sharing And Matching Contribution
ProfitSharingAndMatchingContribution
2000000 USD
CY2015 sasr Profit Sharing And Matching Contribution
ProfitSharingAndMatchingContribution
2000000 USD
CY2017 sasr Executive Incentive Retirement Plan Benefit Cost
ExecutiveIncentiveRetirementPlanBenefitCost
400000 USD
CY2016 sasr Executive Incentive Retirement Plan Benefit Cost
ExecutiveIncentiveRetirementPlanBenefitCost
300000 USD
CY2015 sasr Executive Incentive Retirement Plan Benefit Cost
ExecutiveIncentiveRetirementPlanBenefitCost
200000 USD
CY2015Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
39416000 USD
CY2016 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1657000 USD
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DefinedBenefitPlanActuarialGainLoss
251000 USD
CY2016 us-gaap Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
707000 USD
CY2016Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
40783000 USD
CY2017 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1640000 USD
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DefinedBenefitPlanActuarialGainLoss
-32000 USD
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DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
2995000 USD
CY2017Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
43441000 USD
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DefinedBenefitPlanFairValueOfPlanAssets
30683000 USD
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DefinedBenefitPlanActualReturnOnPlanAssets
755000 USD
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DefinedBenefitPlanFairValueOfPlanAssets
36020000 USD
CY2017 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
4971000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
41246000 USD
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2195000 USD
CY2016Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
4763000 USD
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DefinedBenefitPlanAccumulatedBenefitObligation
43441000 USD
CY2016Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
40783000 USD
CY2017 sasr Defined Benefit Plan Unrecognized Net Actuarial Loss
DefinedBenefitPlanUnrecognizedNetActuarialLoss
12487000 USD
CY2016 sasr Defined Benefit Plan Unrecognized Net Actuarial Loss
DefinedBenefitPlanUnrecognizedNetActuarialLoss
13689000 USD
CY2017 sasr Defined Benefit Plan Net Periodic Pension Cost Not Yet Recognized
DefinedBenefitPlanNetPeriodicPensionCostNotYetRecognized
12487000 USD
CY2016 sasr Defined Benefit Plan Net Periodic Pension Cost Not Yet Recognized
DefinedBenefitPlanNetPeriodicPensionCostNotYetRecognized
13689000 USD
CY2015 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
1629000 USD
CY2017 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1985000 USD
CY2016 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1614000 USD
CY2015 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
1622000 USD
CY2017 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
836000 USD
CY2016 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1207000 USD
CY2015 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
1039000 USD
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0415 pure
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0426 pure
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostDiscountRate
0.0391 pure
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.05 pure
CY2015 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.05 pure
CY2014Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
14774000 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 Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-1032000 USD
CY2015 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Increase Related To Change In Discount Rate Assumption
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeIncreaseRelatedToChangeInDiscountRateAssumption
-2659000 USD
CY2017 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
-3016000 USD
CY2017 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-1181000 USD
CY2017 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Increase Related To Change In Discount Rate Assumption
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeIncreaseRelatedToChangeInDiscountRateAssumption
2995000 USD
CY2017Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
12487000 USD
CY2017Q4 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Loss Applicable Tax Effect
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeLossApplicableTaxEffect
4943000 USD
CY2017Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses After Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesAfterTax
7544000 USD
CY2015 sasr Defined Benefit Plan Unrecognized Net Actuarial Loss
DefinedBenefitPlanUnrecognizedNetActuarialLoss
-13038000 USD
CY2015 sasr Defined Benefit Plan Net Periodic Pension Cost Not Yet Recognized
DefinedBenefitPlanNetPeriodicPensionCostNotYetRecognized
-13038000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
2510000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
2000000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
1800000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
2560000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
2450000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureBenefitPaymentsRemainderOfFiscalYear
13890000 USD
CY2017 sasr Letter Of Credit Fees
LetterOfCreditFees
847000 USD
CY2016 sasr Letter Of Credit Fees
LetterOfCreditFees
888000 USD
CY2015 sasr Letter Of Credit Fees
LetterOfCreditFees
790000 USD
CY2017 sasr Extension Fees
ExtensionFees
568000 USD
CY2016 sasr Extension Fees
ExtensionFees
559000 USD
CY2015 sasr Extension Fees
ExtensionFees
503000 USD
CY2017 us-gaap Other Income
OtherIncome
4916000 USD
CY2016 us-gaap Other Income
OtherIncome
5312000 USD
CY2015 us-gaap Other Income
OtherIncome
5521000 USD
CY2017 us-gaap Professional Fees
ProfessionalFees
4492000 USD
CY2016 us-gaap Professional Fees
ProfessionalFees
4840000 USD
CY2015 us-gaap Professional Fees
ProfessionalFees
4819000 USD
CY2017 sasr Other Real Estate Owned
OtherRealEstateOwned
17000 USD
CY2016 sasr Other Real Estate Owned
OtherRealEstateOwned
19000 USD
CY2015 sasr Other Real Estate Owned
OtherRealEstateOwned
76000 USD
CY2017 us-gaap Postage Expense
PostageExpense
1179000 USD
CY2016 us-gaap Postage Expense
PostageExpense
1155000 USD
CY2015 us-gaap Postage Expense
PostageExpense
1173000 USD
CY2017 us-gaap Communication
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1502000 USD
CY2016 us-gaap Communication
Communication
1583000 USD
CY2015 us-gaap Communication
Communication
1587000 USD
CY2017 us-gaap Other Expenses
OtherExpenses
11171000 USD
CY2016 us-gaap Other Expenses
OtherExpenses
9998000 USD
CY2015 us-gaap Other Expenses
OtherExpenses
10896000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
30776000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
25194000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
23584000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
3929000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
3606000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
3457000 USD
CY2017 sasr Effective Income Tax Rate Reconciliation Deduction Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationDeductionBankOwnedLifeInsurance
841000 USD
CY2016 sasr Effective Income Tax Rate Reconciliation Deduction Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationDeductionBankOwnedLifeInsurance
862000 USD
CY2015 sasr Effective Income Tax Rate Reconciliation Deduction Bank Owned Life Insurance
EffectiveIncomeTaxRateReconciliationDeductionBankOwnedLifeInsurance
900000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2965000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2687000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
49000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
113000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
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CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CurrentFederalTaxExpenseBenefit
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CurrentStateAndLocalTaxExpenseBenefit
5146000 USD
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CurrentStateAndLocalTaxExpenseBenefit
4692000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4140000 USD
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CurrentIncomeTaxExpenseBenefit
27501000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
23391000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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DeferredFederalIncomeTaxExpenseBenefit
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DeferredFederalIncomeTaxExpenseBenefit
516000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
252000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Provision For Loan Losses
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CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
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2034000 USD
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3318000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
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5433000 USD
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416000 USD
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457000 USD
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429000 USD
CY2016Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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555000 USD
CY2017Q4 sasr Deferred Tax Assets Losses On Other Real Estate Owned
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42000 USD
CY2016Q4 sasr Deferred Tax Assets Losses On Other Real Estate Owned
DeferredTaxAssetsLossesOnOtherRealEstateOwned
43000 USD
CY2017Q4 sasr Deferred Tax Assets Other Than Temporary Impairment
DeferredTaxAssetsOtherThanTemporaryImpairment
217000 USD
CY2016Q4 sasr Deferred Tax Assets Other Than Temporary Impairment
DeferredTaxAssetsOtherThanTemporaryImpairment
322000 USD
CY2017Q4 sasr Deferred Tax Assets Loan And Deposi Tpremium Or Discount
DeferredTaxAssetsLoanAndDeposiTpremiumOrDiscount
91000 USD
CY2016Q4 sasr Deferred Tax Assets Loan And Deposi Tpremium Or Discount
DeferredTaxAssetsLoanAndDeposiTpremiumOrDiscount
187000 USD
CY2017Q4 sasr Deferredtaxassetsreserveforrecourseloans
Deferredtaxassetsreserveforrecourseloans
133000 USD
CY2016Q4 sasr Deferredtaxassetsreserveforrecourseloans
Deferredtaxassetsreserveforrecourseloans
199000 USD
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DeferredTaxAssetsOther
7000 USD
CY2016Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
9000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
18374000 USD
CY2016Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
26756000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
307000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
1065000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2735000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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3550000 USD
CY2017Q4 sasr Deferredtaxliabilitiesdepreciation
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1852000 USD
CY2016Q4 sasr Deferredtaxliabilitiesdepreciation
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1179000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1264000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1721000 USD
CY2017Q4 sasr Deferredtaxliabilitiesbondaccretion
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146000 USD
CY2016Q4 sasr Deferredtaxliabilitiesbondaccretion
Deferredtaxliabilitiesbondaccretion
133000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
204000 USD
CY2016Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
155000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
6508000 USD
CY2016Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
7803000 USD
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11866000 USD
CY2016Q4 us-gaap Deferred Tax Assets Liabilities Net
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18953000 USD
CY2017 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
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24175000 shares
CY2016 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
24120000 shares
CY2015 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
24609000 shares
CY2017 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
24175000 shares
CY2016 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
24120000 shares
CY2015 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
24609000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
32000 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
29000 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
89000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24207000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24149000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
24698000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3000 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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3000 shares
CY2015 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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7000 shares
CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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CY2015Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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1273000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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1932000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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36000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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504000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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770000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
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14000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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769000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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1162000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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22000 USD
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-1181000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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-651000 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
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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-467000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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-258000 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
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-714000 USD
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-393000 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
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1038000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
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3508000 USD
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-332000 USD
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1647521000 USD
CY2016Q4 sasr Concentration Risk Credit Risk Financial Instrument Commitments To Extend Credit
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1473733000 USD
CY2017Q4 sasr Impaired Financing Receivable Fair Value
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16800000 USD
CY2016Q4 sasr Impaired Financing Receivable Fair Value
ImpairedFinancingReceivableFairValue
19300000 USD
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4000000 USD
CY2016Q4 sasr Impaired Financing Receivable With Specific Reserves
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4800000 USD
CY2017Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
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10727000 USD
CY2016Q4 us-gaap Assets Fair Value Disclosure Nonrecurring
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10892000 USD
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CY2017 sasr Fair Value Measured On Nonrecurring Basis Losses
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-11964000 USD
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4655380000 USD
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45958000 USD
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5705000 USD
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40253000 USD
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194000 USD
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12632000 USD
CY2017Q1 us-gaap Noninterest Expense
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29981000 USD
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22710000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
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7598000 USD
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15112000 USD
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48576000 USD
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6250000 USD
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42326000 USD
CY2017Q2 us-gaap Provision For Loan And Lease Losses
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1322000 USD
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13571000 USD
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32868000 USD
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21707000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
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6966000 USD
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49589000 USD
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42697000 USD
CY2017Q3 us-gaap Provision For Loan And Lease Losses
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934000 USD
CY2017Q3 us-gaap Noninterest Income
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12746000 USD
CY2017Q3 us-gaap Noninterest Expense
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31191000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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23318000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
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8229000 USD
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15089000 USD
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50676000 USD
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7184000 USD
CY2017Q4 us-gaap Provision For Loan And Lease Losses
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527000 USD
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12294000 USD
CY2017Q4 us-gaap Noninterest Expense
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35059000 USD
CY2017Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
20200000 USD
CY2017Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11933000 USD
CY2017Q4 us-gaap Net Income Loss
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8267000 USD
CY2017Q1 us-gaap Earnings Per Share Basic
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0.63
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EarningsPerShareBasic
0.61
CY2017Q2 us-gaap Earnings Per Share Diluted
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0.61
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.62
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.62
CY2017Q4 us-gaap Earnings Per Share Basic
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0.34
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2017 us-gaap Operating Leases Rent Expense Net
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7900000 USD
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0.4027 pure
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0.4154 pure
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0.4298 pure
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0.0142 pure
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0.35 pure
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0.35 pure
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0.35 pure
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CY2017 dei Document Type
DocumentType
10-K
CY2017 dei Amendment Flag
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false
CY2017 dei Document Period End Date
DocumentPeriodEndDate
2017-12-31
CY2017 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2017
CY2017 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2017 dei Trading Symbol
TradingSymbol
SASR
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
346417000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1054000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Past Due
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14762000 USD
CY2018Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
35453721 shares
CY2017 dei Entity Registrant Name
EntityRegistrantName
SANDY SPRING BANCORP INC
CY2017 dei Entity Central Index Key
EntityCentralIndexKey
0000824410
CY2017 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2017 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2017 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2017 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2017 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2017Q2 dei Entity Public Float
EntityPublicFloat
949000000 USD
CY2017Q4 sasr Retail Repurchase Agreements Interest Rate
RetailRepurchaseAgreementsInterestRate
0.0024 pure
CY2016Q4 sasr Retail Repurchase Agreements Interest Rate
RetailRepurchaseAgreementsInterestRate
0.0024 pure
CY2015Q4 sasr Retail Repurchase Agreements Interest Rate
RetailRepurchaseAgreementsInterestRate
0.0023 pure
CY2017Q4 sasr Retail Repurchase Agreements Average Interest Rate
RetailRepurchaseAgreementsAverageInterestRate
0.0025 pure
CY2016Q4 sasr Retail Repurchase Agreements Average Interest Rate
RetailRepurchaseAgreementsAverageInterestRate
0.0024 pure
CY2015Q4 sasr Retail Repurchase Agreements Average Interest Rate
RetailRepurchaseAgreementsAverageInterestRate
0.0023 pure
CY2016 us-gaap Net Income Loss
NetIncomeLoss
48250000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5317000 USD
CY2017Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0365 pure
CY2016Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0415 pure
CY2015Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0426 pure
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
9848000 USD
CY2016Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
13222000 USD
CY2017Q4 us-gaap Compensating Balance Amount
CompensatingBalanceAmount
37400000 USD
CY2016Q4 us-gaap Compensating Balance Amount
CompensatingBalanceAmount
40500000 USD
CY2017Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
728365000 USD
CY2017Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8301000 USD
CY2017Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7159000 USD
CY2016Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
730845000 USD
CY2016Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
10097000 USD
CY2016Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
7388000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
6105000 USD
CY2017Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
7159000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
358654000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
7043000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
345000 USD
CY2016Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
7388000 USD
CY2017Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
431700000 USD
CY2016Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
453000000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
13417000 USD
CY2017Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
4274495000 USD
CY2016Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
3883835000 USD
CY2017Q4 sasr Time Deposit Maturities After Year Four1
TimeDepositMaturitiesAfterYearFour1
35772000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0245 pure
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0348 pure
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.034 pure
CY2017 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. During 2017, management initiated a shift in target allocations for plan assets towards fixed income securities in order to more closely align expected cash outflows with its funding source. 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, 2017, 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.
CY2017 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
69417000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
90500000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
51180000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-392347000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-422993000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-291915000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13273000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
22624000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
301305000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
393736000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
217400000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
2139000 USD
CY2016Q4 sasr Other Held To Maturity Securities And Other Equity Securities
OtherHeldToMaturitySecuritiesAndOtherEquitySecurities
46094000 USD
CY2016Q4 us-gaap Loans Receivable Net
LoansReceivableNet
3883741000 USD
CY2016Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
93328000 USD
CY2016Q4 us-gaap Time Deposits
TimeDeposits
586039000 USD
CY2017Q4 sasr Other Held To Maturity Securities And Other Equity Securities
OtherHeldToMaturitySecuritiesAndOtherEquitySecurities
45518000 USD
CY2017Q4 us-gaap Loans Receivable Net
LoansReceivableNet
4268991000 USD
CY2017Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
95730000 USD
CY2017 dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
1
CY2017 sasr Stock Issued During Period Shares Director Stock Purchase Plan
StockIssuedDuringPeriodSharesDirectorStockPurchasePlan
258 shares
CY2017 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0 shares
CY2016 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
512459 shares
CY2016 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
417000 USD
CY2015 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
9390000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-294000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-6246000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
712000 USD
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-393000 USD
CY2017 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 loan </font><font style='font-family:Times New Roman;font-size:10pt;' >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 income.</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;' >Mo</font><font style='font-family:Times New Roman;font-size:10pt;' >rtgage 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 in the</font><font style='font-family:Times New Roman;font-size:10pt;' > 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 Loan S</font><font style='font-family:Times New Roman;font-size:10pt;font-style:italic;' >ale 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 loan comm</font><font style='font-family:Times New Roman;font-size:10pt;' >itments, 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. Mandatory de</font><font style='font-family:Times New Roman;font-size:10pt;' >livery 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 economically hedg</font><font style='font-family:Times New Roman;font-size:10pt;' >e 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 statement</font><font style='font-family:Times New Roman;font-size:10pt;' >s 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;) with loa</font><font style='font-family:Times New Roman;font-size:10pt;' >n 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 at fa</font><font style='font-family:Times New Roman;font-size:10pt;' >ir 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. Furthe</font><font style='font-family:Times New Roman;font-size:10pt;' >r 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;' > </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 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-2520000 USD
CY2015 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
870450 shares
CY2017 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
11416000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1512000 USD
CY2017 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
490000 USD
CY2016 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-258000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
698000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
225000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
232000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
786000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
206000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
786000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
106000 USD
CY2016 us-gaap Defined Benefit Plan Amounts Recognized In Other Comprehensive Income Loss Net Gain Loss Before Tax
DefinedBenefitPlanAmountsRecognizedInOtherComprehensiveIncomeLossNetGainLossBeforeTax
1108000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-1164000 USD
CY2016 sasr Defined Benefit Plan Accumulated Other Comprehensive Income Increase Related To Change In Discount Rate Assumption
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeIncreaseRelatedToChangeInDiscountRateAssumption
707000 USD
CY2015Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
13038000 USD
CY2016Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
13689000 USD
CY2017 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
1945000 USD
CY2016 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
1248000 USD
CY2017 sasr Non Credit Portion Of Other Than Temporary Impairments Recognized In Other Comprehensive Income
NonCreditPortionOfOtherThanTemporaryImpairmentsRecognizedInOtherComprehensiveIncome
100000 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
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
521751000 USD
CY2015 us-gaap Dividends Common Stock
DividendsCommonStock
22397000 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1979000 USD
CY2015 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
602000 USD
CY2016 sasr Stock Issued During Period Shares Director Stock Purchase Plan
StockIssuedDuringPeriodSharesDirectorStockPurchasePlan
837 shares
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-108000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-2484000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1030000 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-955000 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-4924000 USD
CY2015 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
1038000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
52966000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
42933000 USD
CY2017 us-gaap Held To Maturity Securities Transferred Security Circumstances For Decision To Transfer
HeldToMaturitySecuritiesTransferredSecurityCircumstancesForDecisionToTransfer
Company made this transfer to provide additional liquidity to fund future loan growth and other corporate activities.
CY2017 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2016 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2015 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
2100000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
2251000 USD
CY2017 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
2200000 USD
CY2016 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
5830000 USD
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
41653000 USD
CY2016 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
40863000 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2017 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
30000000 USD
CY2016 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
5000000 USD
CY2015 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
0 USD
CY2017 sasr Transfer Of Investments Held To Maturity To Available For Sale Securities
TransferOfInvestmentsHeldToMaturityToAvailableForSaleSecurities
0 USD
CY2016 sasr Transfer Of Investments Held To Maturity To Available For Sale Securities
TransferOfInvestmentsHeldToMaturityToAvailableForSaleSecurities
203118000 USD
CY2015 sasr Transfer Of Investments Held To Maturity To Available For Sale Securities
TransferOfInvestmentsHeldToMaturityToAvailableForSaleSecurities
0 USD
CY2017 sasr Transfer From Loans To Residential Mortgage Loans Held For Sale
TransferFromLoansToResidentialMortgageLoansHeldForSale
39744000 USD
CY2016 sasr Transfer From Loans To Residential Mortgage Loans Held For Sale
TransferFromLoansToResidentialMortgageLoansHeldForSale
36867000 USD
CY2015 sasr Transfer From Loans To Residential Mortgage Loans Held For Sale
TransferFromLoansToResidentialMortgageLoansHeldForSale
0 USD
CY2017 sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
1588000 USD
CY2016 sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
637000 USD
CY2015 sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
1947000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
276000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
0 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1491000 USD
CY2015 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
0 USD
CY2017 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Repayment And Penalties
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresRepaymentAndPenalties
1275000 USD
CY2016 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Repayment And Penalties
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresRepaymentAndPenalties
3167000 USD
CY2015 us-gaap Federal Home Loan Bank Advances General Debt Obligations Disclosures Repayment And Penalties
FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresRepaymentAndPenalties
0 USD
CY2017Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
79 Securities
CY2016Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
103 Securities
CY2017Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
658716000 USD
CY2016Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
615058000 USD
CY2017Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1030432000 USD
CY2016Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
927837000 USD
CY2017Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
321171000 USD
CY2016Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
310471000 USD
CY2017Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
293201000 USD
CY2016Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
258621000 USD
CY2016Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
327418000 USD
CY2016Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
41803000 USD
CY2016Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
42857000 USD
CY2016Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
44243000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
5531000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
5071000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
5126000 USD
CY2016Q4 us-gaap Interest Expense
InterestExpense
5276000 USD
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
36122000 USD
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
36732000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
37731000 USD
CY2016Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
38967000 USD
CY2016Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1236000 USD
CY2016Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2957000 USD
CY2016Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
781000 USD
CY2016Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
572000 USD
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
13363000 USD
CY2016Q2 us-gaap Noninterest Income
NoninterestIncome
12751000 USD
CY2016Q3 us-gaap Noninterest Income
NoninterestIncome
12584000 USD
CY2016Q4 us-gaap Noninterest Income
NoninterestIncome
12344000 USD
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
32317000 USD
CY2016Q2 us-gaap Noninterest Expense
NoninterestExpense
30871000 USD
CY2016Q3 us-gaap Noninterest Expense
NoninterestExpense
29326000 USD
CY2016Q4 us-gaap Noninterest Expense
NoninterestExpense
30544000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15932000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15655000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
20208000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
20195000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5119000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5008000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6734000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6879000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
10813000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
10647000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
13474000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
13316000 USD
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.56
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.44
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.56
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2017 sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
1181000 USD
CY2016 sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
1164000 USD
CY2015 sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
1032000 USD
CY2017 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
524427000 USD
CY2015 sasr Stock Issued During Period Value Director Stock Purchase Plan
StockIssuedDuringPeriodValueDirectorStockPurchasePlan
22000 USD
CY2015 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
566000 USD
CY2015 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-353000 USD
CY2015 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
22624000 USD
CY2016 us-gaap Dividends Common Stock
DividendsCommonStock
23676000 USD
CY2016 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
716000 USD
CY2016 sasr Stock Issued During Period Value Director Stock Purchase Plan
StockIssuedDuringPeriodValueDirectorStockPurchasePlan
7000 USD
CY2016 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
591000 USD
CY2016 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-417000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2264000 USD
CY2016 us-gaap Treasury Stock Retired Cost Method Amount
TreasuryStockRetiredCostMethodAmount
13273000 USD
CY2017 us-gaap Dividends Common Stock
DividendsCommonStock
25134000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2164000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
593000 USD
CY2017 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
607000 USD
CY2017 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-952000 USD
CY2017 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
0 USD
CY2016 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
0 USD
CY2015 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
-3869000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
4252000 USD
CY2016 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2015 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2016 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
4758000 USD
CY2017 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
576000 USD
CY2015 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
101000 USD
CY2017 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
40031000 USD
CY2016 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
0 USD
CY2015 us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
ProceedsFromSaleOfLoansAndLeasesHeldForInvestment
0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-1809000 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-125000 USD
CY2015 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-350000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
1202000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
-651000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
1736000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
84171000 USD
CY2015 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1597000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
85768000 USD
CY2015Q4 us-gaap Goodwill
Goodwill
85768000 USD
CY2016 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
CY2017Q4 sasr Pledged Financial Instruments Percentage Of Principal And Accrued Interest Collateralized
PledgedFinancialInstrumentsPercentageOfPrincipalAndAccruedInterestCollateralized
1.025 pure
CY2017 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
1945000 USD
CY2016 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
1248000 USD
CY2017Q4 us-gaap Defined Benefit Plan Expected Amortization Next Fiscal Year
DefinedBenefitPlanExpectedAmortizationNextFiscalYear
679000 USD
CY2017Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1 pure
CY2016Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
1 pure
CY2017 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
7225000 USD
CY2016 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
349000 USD
CY2015 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
-3000 USD
CY2017Q4 sasr Deferred Tax Assets Merger Expenses
DeferredTaxAssetsMergerExpenses
299000 USD
CY2016Q4 sasr Deferred Tax Assets Merger Expenses
DeferredTaxAssetsMergerExpenses
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
5544000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.063 pure
CY2016 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
CY2015 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
CY2017 sasr Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act New Tax Rate
EffectiveIncomeTaxRateReconciliationTaxCutsAndJobsActNewTaxRate
0.21 pure
CY2015 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
-4500000 USD
CY2014 us-gaap Loss Contingency Accrual Provision
LossContingencyAccrualProvision
6500000 USD
CY2017Q4 sasr Financing Receivable Troubled Debt Restructurings Restructured Accruing
FinancingReceivableTroubledDebtRestructuringsRestructuredAccruing
2100000 USD
CY2016Q4 sasr Financing Receivable Troubled Debt Restructurings Restructured Accruing
FinancingReceivableTroubledDebtRestructuringsRestructuredAccruing
600000 USD
CY2017 sasr Gross Realized Gains From Sales Of Equity Securities Available For Sale
GrossRealizedGainsFromSalesOfEquitySecuritiesAvailableForSale
1241000 USD
CY2016 sasr Gross Realized Gains From Sales Of Equity Securities Available For Sale
GrossRealizedGainsFromSalesOfEquitySecuritiesAvailableForSale
0 USD
CY2015 sasr Gross Realized Gains From Sales Of Equity Securities Available For Sale
GrossRealizedGainsFromSalesOfEquitySecuritiesAvailableForSale
0 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
952000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
683000 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
687000 USD

Files In Submission

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