2019 Q1 Form 10-K Financial Statement

#000082441019000002 Filed on February 22, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2017 Q4 2017 Q3
Revenue $88.18M $50.68M $49.59M
YoY Change 16.79% 14.54% 15.71%
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 $3.300M $2.100M $1.900M
YoY Change 10.0% 0.0% -5.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $21.43M $7.184M $6.892M
YoY Change 69.93% 36.16% 34.45%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $39.66M $20.20M $23.32M
YoY Change 39.77% 0.02% 15.39%
Income Tax $9.338M $11.93M $8.229M
% Of Pretax Income 23.55% 59.07% 35.29%
Net Earnings $30.32M $8.267M $15.09M
YoY Change 39.94% -37.92% 11.99%
Net Earnings / Revenue 34.38% 16.31% 30.43%
Basic Earnings Per Share $0.85 $0.34 $0.62
Diluted Earnings Per Share $0.85 $0.34 $0.62
COMMON SHARES
Basic Shares Outstanding 35.54M shares 23.97M shares 23.99M shares
Diluted Shares Outstanding 35.81M shares 24.22M shares

Balance Sheet

Concept 2019 Q1 2017 Q4 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $194.4M $158.0M $142.0M
YoY Change -31.19% -12.32% 5.97%
Cash & Equivalents $133.6M $112.5M $102.2M
Short-Term Investments $60.77M $45.52M $39.85M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $61.00M $54.76M $54.11M
YoY Change 1.07% 2.24% 1.41%
Goodwill $347.1M $85.77M $85.77M
YoY Change 1.24% 0.0% 0.0%
Intangibles $9.297M $580.0K $604.0K
YoY Change -18.5% -14.71% -15.64%
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 $8.328B $5.447B $5.335B
YoY Change 5.48% 6.98% 10.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $121.0M $34.00M $35.00M
YoY Change 120.0% -2.86% 6.06%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $123.0M $119.0M $147.0M
YoY Change -17.45% -4.8% 18.55%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $121.0M $34.00M $35.00M
YoY Change 120.0% -2.86% 6.06%
LONG-TERM LIABILITIES
Long-Term Debt $37.00M $0.00 $0.00
YoY Change -2.63% -100.0% -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $37.00M $0.00 $0.00
YoY Change -2.63% -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $121.0M $34.00M $35.00M
Total Long-Term Liabilities $37.00M $0.00 $0.00
Total Liabilities $7.232B $4.883B $4.770B
YoY Change 5.11% 7.13% 11.61%
SHAREHOLDERS EQUITY
Retained Earnings $461.9M $378.5M $376.5M
YoY Change 17.71% 8.01% 9.65%
Common Stock $643.0M $192.2M $191.4M
YoY Change 0.5% 1.27% 1.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.096B $563.8M $564.5M
YoY Change
Total Liabilities & Shareholders Equity $8.328B $5.447B $5.335B
YoY Change 5.48% 6.98% 10.9%

Cashflow Statement

Concept 2019 Q1 2017 Q4 2017 Q3
OPERATING ACTIVITIES
Net Income $30.32M $8.267M $15.09M
YoY Change 39.94% -37.92% 11.99%
Depreciation, Depletion And Amortization $3.300M $2.100M $1.900M
YoY Change 10.0% 0.0% -5.0%
Cash From Operating Activities $27.32M $12.30M $16.80M
YoY Change -38.27% -64.35% 37.7%
INVESTING ACTIVITIES
Capital Expenditures $1.066M -$2.800M -$2.200M
YoY Change -62.49% 86.67% 29.41%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $33.20M -$106.6M -$35.80M
YoY Change -548.65% -60.82% -48.34%
Cash From Investing Activities $32.11M -$109.5M -$37.90M
YoY Change -413.98% -59.98% -46.62%
FINANCING ACTIVITIES
Cash Dividend Paid $10.01M
YoY Change 8.0%
Common Stock Issuance & Retirement, Net -$343.0K
YoY Change -24.78%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$27.26M 107.5M 46.40M
YoY Change -137.4% -60.91% -26.81%
NET CHANGE
Cash From Operating Activities $27.32M 12.30M 16.80M
Cash From Investing Activities $32.11M -109.5M -37.90M
Cash From Financing Activities -$27.26M 107.5M 46.40M
Net Change In Cash $32.17M 10.30M 25.30M
YoY Change -69.91% -71.31% 450.0%
FREE CASH FLOW
Cash From Operating Activities $27.32M $12.30M $16.80M
Capital Expenditures $1.066M -$2.800M -$2.200M
Free Cash Flow $26.25M $15.10M $19.00M
YoY Change -36.61% -58.06% 36.69%

Facts In Submission

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34005000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
100864000 USD
CY2017 us-gaap Interest Expense Deposits
InterestExpenseDeposits
13256000 USD
CY2017 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
12426000 USD
CY2016 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2462000 USD
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2
CY2017 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-1181000 USD
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
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7976000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7958000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2645000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
2139000 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
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
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
0 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
CY2018 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
106114000 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
CY2018 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
641521000 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
CY2018 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1151000 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
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-32487000 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
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
10401000 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
CY2018 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
340376000 USD
CY2017 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
386118000 USD
CY2016 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
313814000 USD
CY2018 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
201184000 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
CY2018 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
5477000000 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
CY2018 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
5633579000 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
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1395000 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
CY2018 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2017 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2016 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
13273000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
39277000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
25134000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
23676000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-11019000 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
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
12889000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
936767000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
25664000 USD
CY2017 us-gaap Income Taxes Paid
IncomeTaxesPaid
31738000 USD
CY2016 us-gaap Income Taxes Paid
IncomeTaxesPaid
22331000 USD
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.1
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
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20888 shares
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
CY2018 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
28996 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
CY2018 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
37705 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
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
729295000 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
CY2018Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
22456000 USD
CY2018Q4 us-gaap Marketable Securities
MarketableSecurities
73389000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
728153000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
63747000 USD
CY2017Q4 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
8398000 USD
CY2017Q4 us-gaap Marketable Securities
MarketableSecurities
45518000 USD
CY2018 sasr Net Gains Or Losses From Calls Of Investments Available For Sale
NetGainsOrLossesFromCallsOfInvestmentsAvailableForSale
14000 USD
CY2018 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 financial statements requires management to make estimates and assumptions that affect the reported amounts of assets </font><font style='font-family:Times New Roman;font-size:10pt;' >and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements, and affect the reported amounts of revenues earned and expenses incurred during the reporting period. Actual results could differ from those est</font><font style='font-family:Times New Roman;font-size:10pt;' >imates. Estimates that could change significantly relate to the provision for loan losses and the related allowance, determination of impaired loans and the related measurement of impairment, potential impairment of goodwill or other intangible assets, val</font><font style='font-family:Times New Roman;font-size:10pt;' >uation of investment securities and the determination of whether impaired securities are other-than-temporarily impaired, valuation of other real estate owned, valuation of share-based compensation, the assessment that a liability should be recognized with</font><font style='font-family:Times New Roman;font-size:10pt;' > respect to any matters under litigation, the calculation of current and deferred income taxes and the actuarial projections related to pension expense and the related liability.</font></p><p style='text-align:justify;line-height:12pt;' ></p></div>
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
63482000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
277297000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
212825000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
392136000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
945740000 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
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
276830000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
184264000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
210386000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
227688000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
385804000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
304454000 USD
CY2018 sasr Net Gains Or Losses From Calls Of Investments Held To Maturity
NetGainsOrLossesFromCallsOfInvestmentsHeldToMaturity
0 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
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
CY2018 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
21871000 USD
CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
54208000 USD
CY2018 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1416000 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
CY2018 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
622000 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
CY2018 sasr Financing Receivable Allowance For Credit Losses Net Charge Offs
FinancingReceivableAllowanceForCreditLossesNetChargeOffs
794000 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
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
53486000 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
CY2018Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
22210000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4924000 USD
CY2018Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
6549424000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
48562000 USD
CY2018Q4 sasr Allowance For Loans And Leases To Total Loans And Leases Ratio
AllowanceForLoansAndLeasesToTotalLoansAndLeasesRatio
0.0081 pure
CY2018Q4 sasr Percentage Of Credit Loss Allowance To Loans
PercentageOfCreditLossAllowanceToLoans
0.2217 pure
CY2018 sasr Percentage Allowance On Losses
PercentageAllowanceOnLosses
0.0074 pure
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4014000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
41243000 USD
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
12876000 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
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
9334000 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
CY2018Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
22210000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
20809000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
24092000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4825000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
39242000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
44067000 USD
CY2018 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
20211000 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
CY2018 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2513000 USD
CY2017 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2314000 USD
CY2016 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
2082000 USD
CY2018 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
506000 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
CY2018 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
138000 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
CY2017Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
20809000 USD
CY2017Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
4293439000 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
CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
4924000 USD
CY2018Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
35121000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
4014000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
32689000 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
CY2018Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
33583000 USD
CY2018Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
1942000 USD
CY2018Q4 sasr Financing Receivable Recorded Investment Nonperforming
FinancingReceivableRecordedInvestmentNonperforming
36014000 USD
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10160000 USD
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69620000 USD
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64278000 USD
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44802000 USD
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37452000 USD
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124582000 USD
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111890000 USD
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62640000 USD
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57129000 USD
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11263000 USD
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10890000 USD
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9880000 USD
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8345000 USD
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7534000 USD
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1720000 USD
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13828000 USD
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61740000 USD
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1944000 USD
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1507000 USD
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1295000 USD
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9788000 USD
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2700000 USD
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2000000 USD
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12500000 USD
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4500000 USD
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3200000 USD
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324474000 USD
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74525000 USD
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1526161000 USD
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198272000 USD
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250574000 USD
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336909000 USD
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312985000 USD
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137429000 USD
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142938000 USD
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154435000 USD
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119359000 USD
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133356000 USD
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147459000 USD
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125119000 USD
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120711000 USD
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139325000 USD
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625969000 USD
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575000000 USD
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42500000 USD
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80000000 USD
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80816000 USD
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26826000 USD
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10000000 USD
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72500000 USD
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0 USD
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0 USD
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13.42
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26.22
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38.15
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21.13
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29.74
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87300 shares
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16212 shares
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81508 shares
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369000 USD
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383000 USD
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1160000 USD
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51801 shares
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0.05 pure
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1985000 USD
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836000 USD
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1207000 USD
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0.0365 pure
CY2018 sasr Four Zero One K Provision Description
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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.
CY2018 sasr Profit Sharing And Matching Contribution
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2800000 USD
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2000000 USD
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ProfitSharingAndMatchingContribution
2000000 USD
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400000 USD
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400000 USD
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300000 USD
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2995000 USD
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43441000 USD
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1540000 USD
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2380000 USD
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43441000 USD
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12352000 USD
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12487000 USD
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12352000 USD
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12487000 USD
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1861000 USD
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0.0415 pure
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate
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0.0426 pure
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
CY2016 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
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0.05 pure
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13038000 USD
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1108000 USD
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-1164000 USD
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707000 USD
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3914000 USD
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-1000000 USD
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-3049000 USD
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12352000 USD
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3228000 USD
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9124000 USD
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15281000 USD
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11171000 USD
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18615000 USD
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-13689000 USD
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-13689000 USD
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2760000 USD
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1760000 USD
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2570000 USD
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2360000 USD
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2320000 USD
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13730000 USD
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22355000 USD
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18699000 USD
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7183000 USD
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5146000 USD
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611000 USD
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847000 USD
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888000 USD
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9998000 USD
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27865000 USD
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873000 USD
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568000 USD
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559000 USD
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5642000 USD
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OtherIncome
4916000 USD
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5312000 USD
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6056000 USD
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4492000 USD
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4840000 USD
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162000 USD
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17000 USD
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19000 USD
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1439000 USD
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1179000 USD
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1155000 USD
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2610000 USD
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1502000 USD
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1583000 USD
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30776000 USD
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25194000 USD
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2427000 USD
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3929000 USD
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3606000 USD
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909000 USD
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841000 USD
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862000 USD
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3508000 USD
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2965000 USD
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-332000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
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49000 USD
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4692000 USD
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CurrentIncomeTaxExpenseBenefit
25798000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
27501000 USD
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CurrentIncomeTaxExpenseBenefit
23391000 USD
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4808000 USD
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DeferredFederalIncomeTaxExpenseBenefit
6973000 USD
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DeferredFederalIncomeTaxExpenseBenefit
516000 USD
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DeferredStateAndLocalIncomeTaxExpenseBenefit
1218000 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
-167000 USD
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0 USD
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307000 USD
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2607000 USD
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DeferredTaxLiabilitiesPrepaidExpenses
2735000 USD
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3307000 USD
CY2017Q4 sasr Deferredtaxliabilitiesdepreciation
Deferredtaxliabilitiesdepreciation
2708000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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3701000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1264000 USD
CY2018Q4 sasr Deferredtaxliabilitiesbondaccretion
Deferredtaxliabilitiesbondaccretion
188000 USD
CY2017Q4 sasr Deferredtaxliabilitiesbondaccretion
Deferredtaxliabilitiesbondaccretion
146000 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
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1162000 USD
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62891000 USD
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1997000 USD
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12260000 USD
CY2017Q4 us-gaap Deferred Income Tax Liabilities
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7364000 USD
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-1000000 USD
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21563000 USD
CY2017 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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-1181000 USD
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17118000 USD
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11866000 USD
CY2018 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
35707000 shares
CY2017 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
24175000 shares
CY2016 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
24120000 shares
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35707000 shares
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29000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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24207000 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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7000 shares
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190000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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1273000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1932000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
50000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
504000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
770000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
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140000 USD
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-651000 USD
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-393000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
6637000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
658000 USD
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2080562000 USD
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1647521000 USD
CY2018Q4 us-gaap Assets Fair Value Disclosure
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8364000 USD
CY2017Q4 us-gaap Assets Fair Value Disclosure
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10727000 USD
CY2016Q4 us-gaap Assets
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5091383000 USD
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75504000 USD
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12613000 USD
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49641000 USD
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28371000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
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6706000 USD
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21665000 USD
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78597000 USD
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63818000 USD
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1733000 USD
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14868000 USD
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45082000 USD
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31871000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7472000 USD
CY2018Q3 us-gaap Earnings Per Share Diluted
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0.82
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0.72
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16783000 USD
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67591000 USD
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1890000 USD
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15033000 USD
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42393000 USD
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38341000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9107000 USD
CY2018Q3 us-gaap Net Income Loss
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29234000 USD
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InterestAndDividendIncomeOperating
85607000 USD
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InterestExpense
19462000 USD
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InterestIncomeExpenseNet
66145000 USD
CY2018Q4 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
3403000 USD
CY2018Q4 us-gaap Noninterest Income
NoninterestIncome
14030000 USD
CY2018Q4 us-gaap Noninterest Expense
NoninterestExpense
42667000 USD
CY2018Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
34105000 USD
CY2018Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8539000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
25566000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.61
CY2018Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.61
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.68
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EarningsPerShareDiluted
0.68
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EarningsPerShareBasic
0.82
CY2018Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.72
CY2018 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
12800000 USD
CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Of Amounts Due Within One Year Of Balance Sheet Date
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0.0143 pure
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0.0212 pure
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0.035 pure
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CY2018Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Four To Five Years From Balance Sheet Date
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CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate Four To Five Years From Balance Sheet Date
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CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Average Interest Rate After Five Years From Balance Sheet Date
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0.21 pure
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0.35 pure
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0.35 pure
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0.018 pure
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0.045 pure
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0.05 pure
CY2018 sasr Effective Income Tax Rate Reconciliation Deduction Bank Owned Life Insurance Percent
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0.007 pure
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0.009 pure
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0.011 pure
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0.05 pure
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0.04 pure
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0.041 pure
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0.005 pure
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EffectiveIncomeTaxRateReconciliationOtherAdjustments
0 pure
CY2018 dei Trading Symbol
TradingSymbol
SASR
CY2019Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
35544551 shares
CY2018Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
580621000 USD
CY2018Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2613000 USD
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
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.24 pure
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EffectiveIncomeTaxRateContinuingOperations
0.395 pure
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EffectiveIncomeTaxRateContinuingOperations
0.33 pure
CY2018 dei Amendment Flag
AmendmentFlag
false
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
CY2018 dei Document Period End Date
DocumentPeriodEndDate
2018-12-31
CY2018 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
CY2018Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
9603000 USD
CY2018Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
12216000 USD
CY2018Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
477300000 USD
CY2017Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
431700000 USD
CY2018Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
27235000 USD
CY2018Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
6484869000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
13417000 USD
CY2017Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
4274495000 USD
CY2018Q4 sasr Time Deposit Maturities After Year Four1
TimeDepositMaturitiesAfterYearFour1
20114000 USD
CY2018 dei Entity Registrant Name
EntityRegistrantName
SANDY SPRING BANCORP INC
CY2018 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2018Q2 dei Entity Public Float
EntityPublicFloat
1430000000 USD
CY2018Q4 sasr Retail Repurchase Agreements Interest Rate
RetailRepurchaseAgreementsInterestRate
0.0051 pure
CY2017Q4 sasr Retail Repurchase Agreements Interest Rate
RetailRepurchaseAgreementsInterestRate
0.0024 pure
CY2016Q4 sasr Retail Repurchase Agreements Interest Rate
RetailRepurchaseAgreementsInterestRate
0.0024 pure
CY2018Q4 sasr Retail Repurchase Agreements Average Interest Rate
RetailRepurchaseAgreementsAverageInterestRate
0.0034 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
CY2017 us-gaap Net Income Loss
NetIncomeLoss
53209000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-243000 USD
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DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0415 pure
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0.0415 pure
CY2018Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
22773000 USD
CY2017Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
9848000 USD
CY2018Q4 us-gaap Compensating Balance Amount
CompensatingBalanceAmount
70000000 USD
CY2017Q4 us-gaap Compensating Balance Amount
CompensatingBalanceAmount
37400000 USD
CY2017Q4 us-gaap Loans Receivable Net
LoansReceivableNet
4268991000 USD
CY2017Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
95730000 USD
CY2017Q4 us-gaap Time Deposits
TimeDeposits
688951000 USD
CY2018Q4 sasr Other Held To Maturity Securities And Other Equity Securities
OtherHeldToMaturitySecuritiesAndOtherEquitySecurities
73389000 USD
CY2018Q4 us-gaap Loans Receivable Net
LoansReceivableNet
6518148000 USD
CY2018Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
110823000 USD
CY2018 dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
1
CY2018 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0 shares
CY2017 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0 shares
CY2018 us-gaap Defined Benefit Plan Investment Policies And Strategies Narrative Description
DefinedBenefitPlanInvestmentPoliciesAndStrategiesNarrativeDescription
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. Management allocates plan assets towards fixed income securities in order to 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. The Plan’s asset allocation remained consistent during the current year. 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, 2018, 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.
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 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
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
2164000 USD
CY2017Q4 sasr Other Held To Maturity Securities And Other Equity Securities
OtherHeldToMaturitySecuritiesAndOtherEquitySecurities
45518000 USD
CY2017 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
11416000 USD
CY2016 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
417000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-9925000 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
CY2018 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 commitments are recognized at fair value on the consolidated statements of condition</font><font style='font-family:Times New Roman;font-size:10pt;' > 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;' >Mortgage l</font><font style='font-family:Times New Roman;font-size:10pt;' >oan commitments are issued to borrowers. Subsequent to commitment date, cha</font><font style='font-family:Times New Roman;font-size:10pt;' >nges 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 probability the derivative loan commitment will be exercised, and the passage of ti</font><font style='font-family:Times New Roman;font-size:10pt;' >me. 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 Sale Commitments</font></p><p style='text-align:justify;margin-top:0pt;margin-bottom:0pt;line-height:12pt;' ><font style='font-family:Times New Roman;font-size:10pt;margin-left:0pt;' >Loan sales agreements are evaluated to determine whether they meet t</font><font style='font-family:Times New Roman;font-size:10pt;' >he definition of a derivative as facts and circumstances may differ significantly. If agreements qualify, to protect against the price risk inherent in derivative loan commitments, the Company utilizes both &#8220;mandatory delivery&#8221; and &#8220;best efforts&#8221; forward l</font><font style='font-family:Times New Roman;font-size:10pt;' >oan 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 delivery contracts are accounted for as derivative instruments. Generally, best effort</font><font style='font-family:Times New Roman;font-size:10pt;' >s contracts also meet the definition of derivative instruments after the loan to the borrower has closed. Accordingly, forward loan sale commitments that economically hedge the closed loan inventory are recognized at fair value on the consolidated stateme</font><font style='font-family:Times New Roman;font-size:10pt;' >nts 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. The Company estimates the fair value of its forward loan sales commitm</font><font style='font-family:Times New Roman;font-size:10pt;' >ents 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 loan customers to provide a facility to mitigate the fluctuations in the variable rate </font><font style='font-family:Times New Roman;font-size:10pt;' >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 fair value in other assets or other liabilities. The Company&#39;s swaps qualify as deriva</font><font style='font-family:Times New Roman;font-size:10pt;' >tives, 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. Further discussion of the Company&#39;s financial derivatives is set forth</font><font style='font-family:Times New Roman;font-size:10pt;' > in</font><font style='font-family:Times New Roman;font-size:10pt;' > Note </font><font style='font-family:Times New Roman;font-size:10pt;' >19</font><font style='font-family:Times New Roman;font-size:10pt;' > </font><font style='font-family:Times New Roman;font-size:10pt;' >t</font><font style='font-family:Times New Roman;font-size:10pt;' >o the Consolidated Financial Statements. </font></p><p style='text-align:justify;line-height:12pt;' ></p></div>
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2995000 USD
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0 USD
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2519000 USD
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0 USD
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3167000 USD
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1202000 USD
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0 USD
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1945000 USD
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1021000 USD
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1 pure
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1 pure
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6026000 USD
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7225000 USD
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349000 USD
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5544000 USD
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0 USD
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0 pure
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0.063 pure
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EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0 pure
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0.21 pure
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1600000 USD
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BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedResidentialMortgageLoansHeldForSale
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CY2018Q1 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Marketable Securities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsMarketableSecurities
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1676191000 USD
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BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
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BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccruedInterestReceivable
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BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
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CY2018Q1 sasr Estimated Amount Of Goodwill To Be Recognized Within Twelve Months
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CY2018Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Contractually Required Payments Receivable At Acquisition
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31497000 USD
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CertainLoansAcquiredInTransferAccretableYield
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CY2018Q1 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value
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27509000 USD
CY2017Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
0 USD
CY2018 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
3988000 USD
CY2017Q4 us-gaap Business Acquisition Share Price
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CY2018Q1 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
11446197 shares
CY2018 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
2343000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2016 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0 USD
CY2018Q1 sasr Business Combination Gross Amortized Cost Basis Loan Acquired
BusinessCombinationGrossAmortizedCostBasisLoanAcquired
1697760000 USD
CY2018Q1 sasr Interest Rate Fair Value Adjustment On Acquired Loan Portfolio
InterestRateFairValueAdjustmentOnAcquiredLoanPortfolio
15370000 USD
CY2018Q1 sasr Fair Value Adjustments On Pools Of Homogeneous Loans Acquired
FairValueAdjustmentsOnPoolsOfHomogeneousLoansAcquired
22421000 USD
CY2018Q1 sasr Fair Value Adjustment On Purchased Credit On Acquired Impaired Loans
FairValueAdjustmentOnPurchasedCreditOnAcquiredImpairedLoans
14518000 USD
CY2018Q1 sasr Business Combination Fair Value Of Loan Portfolio Acquired
BusinessCombinationFairValueOfLoanPortfolioAcquired
1676191000 USD
CY2018 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
1860000 USD
CY2018 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Disposals Of Loans
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldDisposalsOfLoans
849000 USD
CY2018Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYield
1279000 USD
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y7M9D
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M1D
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y8M15D
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
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DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsProvisionForLoanLosses
12024000 USD
CY2018Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssets
2253000 USD
CY2017Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Tax Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredTaxAssets
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
4339000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
1398000 USD
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DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
3228000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
3318000 USD
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DeferredTaxAssetsDeferredLoanFeesAndCosts
306000 USD
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DeferredTaxAssetsDeferredLoanFeesAndCosts
416000 USD
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457000 USD
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429000 USD
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2343000 USD
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DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
0 USD
CY2018Q4 sasr Deferred Tax Assets Losses On Other Real Estate Owned
DeferredTaxAssetsLossesOnOtherRealEstateOwned
202000 USD
CY2017Q4 sasr Deferred Tax Assets Losses On Other Real Estate Owned
DeferredTaxAssetsLossesOnOtherRealEstateOwned
42000 USD
CY2018Q4 sasr Deferred Tax Assets Other Than Temporary Impairment
DeferredTaxAssetsOtherThanTemporaryImpairment
76000 USD
CY2017Q4 sasr Deferred Tax Assets Other Than Temporary Impairment
DeferredTaxAssetsOtherThanTemporaryImpairment
217000 USD
CY2018Q4 sasr Deferred Tax Assets Loan And Deposi Tpremium Or Discount
DeferredTaxAssetsLoanAndDeposiTpremiumOrDiscount
3950000 USD
CY2017Q4 sasr Deferred Tax Assets Loan And Deposi Tpremium Or Discount
DeferredTaxAssetsLoanAndDeposiTpremiumOrDiscount
91000 USD
CY2018Q4 sasr Deferredtaxassetsreserveforrecourseloans
Deferredtaxassetsreserveforrecourseloans
210000 USD
CY2017Q4 sasr Deferredtaxassetsreserveforrecourseloans
Deferredtaxassetsreserveforrecourseloans
133000 USD
CY2018Q4 sasr Deferredtaxassetsdepreciation
Deferredtaxassetsdepreciation
679000 USD
CY2017Q4 sasr Deferredtaxassetsdepreciation
Deferredtaxassetsdepreciation
0 USD
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
0 USD
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
299000 USD
CY2018Q4 sasr Deferred Tax Assets Merger Expenses
DeferredTaxAssetsMergerExpenses
251000 USD
CY2017Q4 sasr Deferred Tax Assets Merger Expenses
DeferredTaxAssetsMergerExpenses
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
280000 USD
CY2017Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
7000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
33823000 USD
CY2017Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
19230000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
1270000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
856000 USD
CY2018Q4 sasr Deferred Tax Liabilities Section Four Eighty One Adjustments
DeferredTaxLiabilitiesSectionFourEightyOneAdjustments
2053000 USD
CY2017Q4 sasr Deferred Tax Liabilities Section Four Eighty One Adjustments
DeferredTaxLiabilitiesSectionFourEightyOneAdjustments
0 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
404000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
204000 USD
CY2018Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
900000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1800000 USD
CY2018Q1 sasr Credit Impaired Loans Acquired In Transfer Nonaccretable Difference
CreditImpairedLoansAcquiredInTransferNonaccretableDifference
10500000 USD
CY2018Q1 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
41900000 USD
CY2018Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
26000000 USD
CY2018Q4 us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Acquired During Period At Acquisition At Fair Value
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAcquiredDuringPeriodAtAcquisitionAtFairValue
15300000 USD
CY2018 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications To Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference
1300000 USD
CY2018 sasr Proceeds From Credit Impaired Loans
ProceedsFromCreditImpairedLoans
12400000 USD
CY2018Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
200000 USD
CY2018 sasr Maximum Percentage Of Asset Allocated To Control Market Volatility
MaximumPercentageOfAssetAllocatedToControlMarketVolatility
0.7 pure
CY2018 sasr Maximum Percentage Of Market Value For Initial Acquisition Of Equity Portion
MaximumPercentageOfMarketValueForInitialAcquisitionOfEquityPortion
0.05 pure
CY2018 sasr Minimum Percentage Of Value Of Equity Portion For Sale
MinimumPercentageOfValueOfEquityPortionForSale
0.1 pure
CY2018 sasr Maximum Percentage Of Corporate Debt Issuable To Single Issuer
MaximumPercentageOfCorporateDebtIssuableToSingleIssuer
0.1 pure
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-505004000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-392347000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-422993000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
920 shares
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
196 shares
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y8M12D
CY2018 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y7M6D
CY2018 dei Document Type
DocumentType
10-K
CY2018 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2018 dei Entity Central Index Key
EntityCentralIndexKey
0000824410
CY2018 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2018 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2018 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2018 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
36.19
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
42.48
CY2018 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
446640000 USD
CY2018 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
441000 USD
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
954000 USD
CY2018 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-760000 USD
CY2018 sasr Reclassfication Of Tax Effects From Other Comprehensive Income
ReclassficationOfTaxEffectsFromOtherComprehensiveIncome
0 USD
CY2018 us-gaap Payments To Acquire Available For Sale Securities Equity
PaymentsToAcquireAvailableForSaleSecuritiesEquity
8784000 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
CY2018 us-gaap Dividends Common Stock
DividendsCommonStock
39277000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
2645000 USD
CY2018Q4 sasr Percentageoftimedepositsof100000ormoreoftotaldeposits
Percentageoftimedepositsof100000ormoreoftotaldeposits
0.19 pure
CY2018 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2018 dei Entity Shell Company
EntityShellCompany
false
CY2018 dei Entity Small Business
EntitySmallBusiness
false

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