2020 Q2 Form 10-Q Financial Statement

#000082441020000010 Filed on August 07, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $114.9M $87.21M $88.18M
YoY Change 31.78% 10.96% 16.79%
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 $5.900M $3.400M $3.300M
YoY Change 73.53% 9.68% 10.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $13.41M $21.03M $21.43M
YoY Change -36.22% 42.29% 69.93%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$19.69M $37.22M $39.66M
YoY Change -152.89% 16.79% 39.77%
Income Tax -$5.348M $8.945M $9.338M
% Of Pretax Income 24.03% 23.55%
Net Earnings -$14.34M $28.28M $30.32M
YoY Change -150.71% 15.89% 39.94%
Net Earnings / Revenue -12.48% 32.42% 34.38%
Basic Earnings Per Share -$0.31 $0.79 $0.85
Diluted Earnings Per Share -$0.31 $0.79 $0.85
COMMON SHARES
Basic Shares Outstanding 47.39M shares 35.60M shares 35.54M shares
Diluted Shares Outstanding 46.99M shares 35.89M shares 35.81M shares

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $903.6M $194.4M
YoY Change -31.19%
Cash & Equivalents $834.7M $231.7M $133.6M
Short-Term Investments $68.85M $60.77M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $59.39M $60.00M $61.00M
YoY Change -1.02% -3.23% 1.07%
Goodwill $370.5M $347.1M $347.1M
YoY Change 6.74% 0.24% 1.24%
Intangibles $36.14M $8.813M $9.297M
YoY Change 310.11% -18.91% -18.5%
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 $13.29B $8.399B $8.328B
YoY Change 58.25% 3.02% 5.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $72.00M $119.0M $121.0M
YoY Change -39.5% 147.92% 120.0%
Accrued Expenses $81.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $989.0M $151.0M $123.0M
YoY Change 554.97% 7.86% -17.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $153.0M $119.0M $121.0M
YoY Change 28.57% 147.92% 120.0%
LONG-TERM LIABILITIES
Long-Term Debt $230.0M $37.00M $37.00M
YoY Change 521.62% 0.0% -2.63%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $230.0M $37.00M $37.00M
YoY Change 521.62% 0.0% -2.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $153.0M $119.0M $121.0M
Total Long-Term Liabilities $230.0M $37.00M $37.00M
Total Liabilities $11.90B $7.279B $7.232B
YoY Change 63.49% 2.14% 5.11%
SHAREHOLDERS EQUITY
Retained Earnings $484.4M $461.9M
YoY Change 17.71%
Common Stock $890.9M $643.0M
YoY Change 0.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.390B $1.119B $1.096B
YoY Change
Total Liabilities & Shareholders Equity $13.29B $8.399B $8.328B
YoY Change 58.24% 3.02% 5.48%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income -$14.34M $28.28M $30.32M
YoY Change -150.71% 15.89% 39.94%
Depreciation, Depletion And Amortization $5.900M $3.400M $3.300M
YoY Change 73.53% 9.68% 10.0%
Cash From Operating Activities $28.10M $3.900M $27.32M
YoY Change 620.51% -61.39% -38.27%
INVESTING ACTIVITIES
Capital Expenditures -$1.000M -$1.400M $1.066M
YoY Change -28.57% -65.0% -62.49%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$992.6M $56.80M $33.20M
YoY Change -1847.54% -132.64% -548.65%
Cash From Investing Activities -$993.6M $55.40M $32.11M
YoY Change -1893.5% -131.12% -413.98%
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 1.539B 38.80M -$27.26M
YoY Change 3866.75% -84.05% -137.4%
NET CHANGE
Cash From Operating Activities 28.10M 3.900M $27.32M
Cash From Investing Activities -993.6M 55.40M $32.11M
Cash From Financing Activities 1.539B 38.80M -$27.26M
Net Change In Cash 573.6M 98.10M $32.17M
YoY Change 484.71% 30.28% -69.91%
FREE CASH FLOW
Cash From Operating Activities $28.10M $3.900M $27.32M
Capital Expenditures -$1.000M -$1.400M $1.066M
Free Cash Flow $29.10M $5.300M $26.25M
YoY Change 449.06% -62.41% -36.61%

Facts In Submission

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us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2598000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
974000 USD
CY2020Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
22454000 USD
CY2019Q2 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
23908000 USD
us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 USD
CY2020Q2 us-gaap Professional Fees
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1840000 USD
CY2019Q2 us-gaap Professional Fees
ProfessionalFees
1634000 USD
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us-gaap Professional Fees
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us-gaap Professional Fees
ProfessionalFees
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CY2019Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
4876000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
16591000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
9692000 USD
CY2020Q2 us-gaap Noninterest Expense
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CY2019Q2 us-gaap Noninterest Expense
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43887000 USD
us-gaap Noninterest Expense
NoninterestExpense
133184000 USD
us-gaap Noninterest Expense
NoninterestExpense
88079000 USD
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CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
37221000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
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us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76876000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
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CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareDiluted
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EarningsPerShareDiluted
0.79
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us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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us-gaap Common Stock Dividends Per Share Declared
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NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
25629000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
15981000 USD
CY2020Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
2891000 USD
CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1873000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
6515000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
4179000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
212000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
5000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
381000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
5000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
55000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
1000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
97000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
1000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5290000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
18830000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
11798000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
218000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
265000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
437000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax
530000 USD
CY2020Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
56000 USD
CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
70000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
111000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
139000 USD
CY2020Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
162000 USD
CY2019Q2 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
195000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
326000 USD
us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
391000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
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us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1505000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1792000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1473000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1795000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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us-gaap Payments For Origination And Purchases Of Loans Held For Sale
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us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
539159000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
278290000 USD
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7627000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
6627000 USD
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GainsLossesOnSalesOfOtherRealEstate
-32000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
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us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
381000 USD
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
5000 USD
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us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
1540000 USD
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IncreaseDecreaseInOtherOperatingAssets
4456000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4880000 USD
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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IncreaseDecreaseInOtherOperatingCapitalNet
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us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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PaymentsToAcquireAvailableForSaleSecuritiesEquity
6646000 USD
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ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
18699000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
393286000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
15919000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
112301000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
201671000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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us-gaap Payments To Acquire Loans And Leases Held For Investment
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us-gaap Proceeds From Sale Of Loans And Leases Held For Investment
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19979000 USD
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ProceedsFromSaleOfOtherRealEstate
60000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
324000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
26925000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
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us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
87514000 USD
us-gaap Increase Decrease In Deposits
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1314093000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
474869000 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
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774999000 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
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us-gaap Proceeds From Federal Home Loan Bank Borrowings
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400000000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
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us-gaap Repayments Of Federal Home Loan Bank Borrowings
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630348000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
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2388843000 USD
us-gaap Repayments Of Subordinated Debt
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us-gaap Repayments Of Subordinated Debt
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Proceeds From Issuance Of Common Stock
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Payments Of Dividends
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us-gaap Payments Of Dividends
PaymentsOfDividends
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
130195000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
146103000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
101481000 USD
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
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us-gaap Income Taxes Paid
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sasr Loans Transferred From Loans To Other Real Estate Owned
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sasr Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
414000 USD
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CY2020Q2 us-gaap Net Income Loss
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1038000 USD
CY2020Q2 us-gaap Stock Issued During Period Shares Acquisitions
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CY2020Q2 us-gaap Stock Issued During Period Value Acquisitions
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CY2020Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
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StockIssuedDuringPeriodValueConversionOfUnits
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CY2020Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
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StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
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CY2020Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2020Q2 us-gaap Stockholders Equity
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CY2019Q1 us-gaap Stockholders Equity
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CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
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AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
783000 USD
CY2019Q2 sasr Stock Issued During Period Shares Director Stock Purchase Plan
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CY2019Q2 sasr Stock Issued During Period Value Director Stock Purchase Plan
StockIssuedDuringPeriodValueDirectorStockPurchasePlan
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CY2019Q2 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2019Q2 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
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CY2019Q2 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
278000 USD
CY2019Q2 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
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CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
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CY2019Q2 us-gaap Stockholders Equity
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CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
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us-gaap Common Stock Dividends Per Share Cash Paid
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us-gaap Dividends Common Stock
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1792000 USD
us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
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us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
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us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
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us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
147000 USD
us-gaap Conversion Of Stock Shares Issued1
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395298 shares
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
3611000 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
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us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
785000 USD
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
44578 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-437000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
820328 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
25702000 USD
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
1390093000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1067903000 USD
us-gaap Net Income Loss
NetIncomeLoss
58593000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12189000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.58
us-gaap Dividends Common Stock
DividendsCommonStock
20757000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1473000 USD
sasr Stock Issued During Period Shares Director Stock Purchase Plan
StockIssuedDuringPeriodSharesDirectorStockPurchasePlan
867 shares
sasr Stock Issued During Period Value Director Stock Purchase Plan
StockIssuedDuringPeriodValueDirectorStockPurchasePlan
30000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
10897 shares
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
224000 USD
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
17666 shares
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
492000 USD
us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
54789 shares
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-702000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1119445000 USD
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: 'Times New Roman', 'serif'; font-weight: bold; font-size: 10.00pt">Use of Estimates</span></p><p style="margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">The preparation of 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, in addition to affecting the reported amounts 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 credit losses and the related allowance, potential impairment of goodwill or other intangible assets, valuation of investment securities and the determination of whether available-for-sale debt securities with fair values less than amortized costs are impaired and require allowance for credit losses, valuation of other 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 pension expense and the related liability.</span></p>
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<p style="margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: 'Times New Roman', 'serif'; font-weight: bold; font-size: 10.00pt">Pending Accounting Pronouncements</span></p><p style="margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">In March 2020, FASB released Accounting Standards Update (“ASU”) 2020-04 - </span><span style="font-family: 'Times New Roman', 'serif'; font-style: italic; font-size: 10.00pt">Reference Rate Reform (Topic 848)</span><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">, which provides optional guidance to ease the accounting burden in accounting for, or recognizing the effects from, reference rate reform on financial reporting. The new standard is a result of LIBOR likely being discontinued as an available benchmark rate. The standard is elective and provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships, or other transactions that reference LIBOR, or another reference rate expected to be discontinued. The amendments in the update are effective for all entities between March 12, 2020 and December 31, 2022. The Company has established a cross-functional working group to guide the Company’s transition from LIBOR and has begun efforts to transition to alternative rates consistent with industry timelines. The Company has identified its products that utilize LIBOR and has implemented enhanced fallback language to facilitate the transition to alternative reference rates. The Company is evaluating existing platforms and systems and preparing to offer a new rates.</span></p><p style="margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: 'Times New Roman', 'serif'; font-size: 11.00pt"> </span></p><p style="margin-top: 0; margin-bottom: 0; text-align: justify"><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt">In December 2019, FASB released ASU 2019-12 - </span><span style="font-family: 'Times New Roman', 'serif'; font-style: italic; font-size: 10.00pt">Income Taxes (Topic 740),</span><span style="font-family: 'Times New Roman', 'serif'; font-size: 10.00pt"> which simplifies the accounting for income taxes by removing multiple exceptions to the general principals in Topic 740. The standard is effective for public business entities for fiscal years, and for interim periods within those fiscal years, beginning after December 15, 2020. The Company is in the process of reviewing the impact of adopting this standard on the Company’s Condensed Consolidated Financial Statements.</span></p>
CY2020Q2 sasr Estimated Amount Of Goodwill To Be Recognized Within Twelve Months
EstimatedAmountOfGoodwillToBeRecognizedWithinTwelveMonths
800000 USD
CY2020Q2 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
12768949 shares
CY2020Q2 us-gaap Business Acquisition Share Price
BusinessAcquisitionSharePrice
22.64
CY2020Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
289089000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
3611000 USD
CY2020Q2 sasr Payment For Stok Options Business Acquisition
PaymentForStokOptionsBusinessAcquisition
291000 USD
CY2020Q2 us-gaap Business Combination Consideration Transferred Equity Interests Issued And Issuable
BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable
11000 USD
CY2020Q2 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
293002000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
80768000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Marketable Securities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsMarketableSecurities
180752000 USD
CY2020Q2 sasr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
2502244000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
3443000 USD
CY2020Q2 sasr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccruedInterestReceivable
7651000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
18360000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets
52812000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
2846030000 USD
CY2020Q2 sasr Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deposits
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeposits
2322422000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt
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205514000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther
25931000 USD
CY2020Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
2553867000 USD
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292163000 USD
CY2020Q2 sasr Estimated Amount Of Goodwill To Be Recognized Within Twelve Months
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839000 USD
CY2020Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
1325172000 USD
CY2020Q2 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
35405000 USD
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AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
4778000 USD
CY2020Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
1355799000 USD
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AvailableForSaleSecuritiesAmortizedCost
1067954000 USD
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
8984000 USD
CY2019Q4 us-gaap Available For Sale Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
3605000 USD
CY2020Q2 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
51 Securities
CY2020Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
155930000 USD
CY2020Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
1660000 USD
CY2020Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
3118000 USD
CY2020Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
4778000 USD
CY2019Q4 us-gaap Availableforsale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions1
AvailableforsaleSecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions1
50 Securities
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
343143000 USD
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2756000 USD
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
849000 USD
CY2019Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Accumulated Loss
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
3605000 USD
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PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
484400000 USD
CY2019Q4 us-gaap Pledged Financial Instruments Not Separately Reported Mortgage Related Securities Available For Sale Or Held For Investment
PledgedFinancialInstrumentsNotSeparatelyReportedMortgageRelatedSecuritiesAvailableForSaleOrHeldForInvestment
424800000 USD
CY2020Q2 us-gaap Federal Reserve Bank Stock
FederalReserveBankStock
38650000 USD
CY2020Q2 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
29526000 USD
CY2019Q4 us-gaap Federal Home Loan Bank Stock
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29244000 USD
CY2020Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
677000 USD
CY2019Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
0 USD
CY2020Q2 us-gaap Marketable Securities
MarketableSecurities
68853000 USD
CY2020Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
31900000 USD
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LoansAndLeasesReceivableDeferredIncome
1800000 USD
CY2020Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
10343043000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
6705232000 USD
CY2020Q2 sasr Business Combination Gross Amortized Cost Basis Loan Acquired
BusinessCombinationGrossAmortizedCostBasisLoanAcquired
2500000000 USD
us-gaap Financing Receivable Purchased With Credit Deterioration Amount At Par Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValue
974800000 USD
us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
18600000 USD
us-gaap Financing Receivable Purchased With Credit Deterioration Discount Premium
FinancingReceivablePurchasedWithCreditDeteriorationDiscountPremium
4500000 USD
CY2020Q2 sasr Financing Receivable Purchased With Credit Deterioration Amount At Fair Value
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtFairValue
960700000 USD
CY2020Q2 sasr Financing Receivable Purchased With Credit Deterioration Amount At Par Value Non Accruing
FinancingReceivablePurchasedWithCreditDeteriorationAmountAtParValueNonAccruing
11300000 USD
CY2020Q2 sasr Financing Receivable Excluding Purchased With Credit Deterioration Amount At Purchase Price
FinancingReceivableExcludingPurchasedWithCreditDeteriorationAmountAtPurchasePrice
1500000000 USD
sasr Financing Receivable Unamortized Purchase Premium Discount
FinancingReceivableUnamortizedPurchasePremiumDiscount
2100000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
56132000 USD
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
53486000 USD
us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
18628000 USD
us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
FinancingReceivablePurchasedWithCreditDeteriorationAllowanceForCreditLossAtAcquisitionDate
0 USD
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ProvisionForLoanLossesExpensed
83155000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1505000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1039000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1197000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
860000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
230000 USD
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
179000 USD
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease
967000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
163481000 USD
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
54024000 USD
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LoansIndividuallyEvaluatedForCreditLossWithAnAllowance
28461000 USD
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ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
15333000 USD
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LoansIndividuallyEvaluatedForCreditLossWithAnAllowance
15333000 USD
CY2020Q2 sasr Loans Individually Evaluated For Credit Loss Without An Allowance
LoansIndividuallyEvaluatedForCreditLossWithoutAnAllowance
32067000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
9440000 USD
CY2019Q4 sasr Loans Individually Evaluated For Credit Loss Without An Allowance
LoansIndividuallyEvaluatedForCreditLossWithoutAnAllowance
9440000 USD
CY2020Q2 sasr Financing Receivable Individually Evaluated For Credit Loss
FinancingReceivableIndividuallyEvaluatedForCreditLoss
60528000 USD
CY2019Q4 sasr Financing Receivable Individually Evaluated For Credit Loss
FinancingReceivableIndividuallyEvaluatedForCreditLoss
24773000 USD
CY2020Q2 sasr Allowance Related To Loans Evaluated Individually
AllowanceRelatedToLoansEvaluatedIndividually
8827000 USD
CY2019Q4 sasr Allowance Related To Loans Evaluated Individually
AllowanceRelatedToLoansEvaluatedIndividually
5501000 USD
CY2020Q2 sasr Financing Receivable Allowance For Credit Losses Collectively Evaluated For Credit Loss
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForCreditLoss
154654000 USD
CY2019Q4 sasr Financing Receivable Allowance For Credit Losses Collectively Evaluated For Credit Loss
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForCreditLoss
50631000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
163481000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
56132000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
56132000 USD
us-gaap Financing Receivable Purchased With Credit Deterioration Allowance For Credit Loss At Acquisition Date
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18628000 USD
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83155000 USD
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1039000 USD
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
860000 USD
us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
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179000 USD
CY2020Q2 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
163481000 USD
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LoansAndLeasesReceivableNetOfDeferredIncome
10343043000 USD
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0.0158 pure
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FinancingReceivableIndividuallyEvaluatedForCreditLoss
60528000 USD
CY2020Q2 sasr Allowance Related To Loans Evaluated Individually
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8827000 USD
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0.1458 pure
CY2020Q2 sasr Financing Receivable Allowance Collectively Evaluated For Credit Loss
FinancingReceivableAllowanceCollectivelyEvaluatedForCreditLoss
10282515000 USD
CY2020Q2 sasr Financing Receivable Allowance For Credit Losses Collectively Evaluated For Credit Loss
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForCreditLoss
154654000 USD
CY2020Q2 sasr Percentage Allowance On Losses
PercentageAllowanceOnLosses
0.0150 pure
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28461000 USD
CY2020Q2 sasr Allowance Related To Loans Evaluated Individually
AllowanceRelatedToLoansEvaluatedIndividually
8827000 USD
CY2020Q2 sasr Loans Individually Evaluated For Credit Loss Without An Allowance
LoansIndividuallyEvaluatedForCreditLossWithoutAnAllowance
32067000 USD
CY2020Q2 sasr Financing Receivable Individually Evaluated For Credit Loss
FinancingReceivableIndividuallyEvaluatedForCreditLoss
60528000 USD
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74872000 USD
sasr Average Financing Receivable Recorded Investment Nonaccrual Status
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59675000 USD
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
2391000 USD
sasr Interest Income On Non Accrual Loans Recognized On A Cash Basis
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682000 USD
sasr Loans Transferred To Nonaccrual Status
LoansTransferredToNonaccrualStatus
29700000 USD
sasr Reversal Of Uncollected Accrued Interest
ReversalOfUncollectedAccruedInterest
300000 USD
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FinancingReceivableAllowanceForCreditLosses
53486000 USD
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ProvisionForLoanLossesExpensed
4684000 USD
CY2019 us-gaap Financing Receivable Allowance For Credit Losses Period Increase Decrease
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2038000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
56132000 USD
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LoansAndLeasesReceivableNetOfDeferredIncome
6705232000 USD
CY2019Q4 sasr Allowance For Loans And Leases To Total Loans And Leases Ratio
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0.0084 pure
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FinancingReceivableIndividuallyEvaluatedForImpairment
24773000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
5501000 USD
CY2019Q4 sasr Percentage Of Credit Loss Allowance To Loans
PercentageOfCreditLossAllowanceToLoans
0.2221 pure
CY2019Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
6667375000 USD
CY2019Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
50631000 USD
CY2019Q4 sasr Percentage Allowance On Losses
PercentageAllowanceOnLosses
0.0076 pure
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ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
15333000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
5501000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
9440000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
24773000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
34620000 USD
CY2019 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
23365000 USD
CY2019 sasr Loans And Leases Receivable Impaired Contractual Interest Income
LoansAndLeasesReceivableImpairedContractualInterestIncome
1947000 USD
CY2019 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
465000 USD
CY2019 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
169000 USD
CY2020Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
10228529000 USD
CY2020Q2 sasr Financing Receivable Performing Loans
FinancingReceivablePerformingLoans
10263124000 USD
CY2020Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
75938000 USD
CY2020Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1428000 USD
CY2020Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2553000 USD
CY2020Q2 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
79919000 USD
CY2020Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
10343043000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4315000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7841000 USD
CY2020Q2 us-gaap Goodwill Gross
GoodwillGross
370547000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
370547000 USD
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
347149000 USD
CY2020Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
2224043000 USD
CY2020Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1877240000 USD
CY2020Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1357986000 USD
CY2020Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1198166000 USD
CY2020Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
997768000 USD
CY2020Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1688181000 USD
CY2020Q2 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
999659000 USD
CY2020Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
10343043000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
38632000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2019Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
2636000 USD
CY2019Q4 sasr Financing Receivable Recorded Investment Nonperforming
FinancingReceivableRecordedInvestmentNonperforming
41268000 USD
CY2019Q4 us-gaap Foreclosed Assets
ForeclosedAssets
1482000 USD
CY2019Q4 sasr Nonperforming Assets
NonperformingAssets
42750000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
27748000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
38632000 USD
CY2019Q4 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Outstanding Balance
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesOutstandingBalance
13084000 USD
CY2019Q4 sasr Loans And Leases Receivable Current
LoansAndLeasesReceivableCurrent
6625768000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
6705232000 USD
sasr Financing Receivable Troubled Debt Restructurings Restructured Accruing Previous12 Months
FinancingReceivableTroubledDebtRestructuringsRestructuredAccruingPrevious12Months
322000 USD
sasr Financing Receivable Troubled Debt Restructurings Restructured Non Accruing Previous12 Months
FinancingReceivableTroubledDebtRestructuringsRestructuredNonAccruingPrevious12Months
1107000 USD
sasr Financing Receivable Troubled Debt Restructurings Balance Previous12 Months
FinancingReceivableTroubledDebtRestructuringsBalancePrevious12Months
1429000 USD
sasr Financing Receivable Troubled Debt Restructurings Specific Allowance
FinancingReceivableTroubledDebtRestructuringsSpecificAllowance
180000 USD
sasr Financing Receivable Modification Subsequent Default Recorded Investment
FinancingReceivableModificationSubsequentDefaultRecordedInvestment
0 USD
CY2019 sasr Financing Receivable Troubled Debt Restructurings Restructured Accruing Previous12 Months
FinancingReceivableTroubledDebtRestructuringsRestructuredAccruingPrevious12Months
1309000 USD
CY2019 sasr Financing Receivable Troubled Debt Restructurings Restructured Non Accruing Previous12 Months
FinancingReceivableTroubledDebtRestructuringsRestructuredNonAccruingPrevious12Months
1050000 USD
CY2019 sasr Financing Receivable Troubled Debt Restructurings Balance Previous12 Months
FinancingReceivableTroubledDebtRestructuringsBalancePrevious12Months
2359000 USD
CY2019 sasr Financing Receivable Troubled Debt Restructurings Specific Allowance
FinancingReceivableTroubledDebtRestructuringsSpecificAllowance
401000 USD
CY2019 sasr Financing Receivable Modification Subsequent Default Recorded Investment
FinancingReceivableModificationSubsequentDefaultRecordedInvestment
0 USD
CY2019 us-gaap Loans And Leases Receivable Related Parties Period Increase Decrease
LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease
0 USD
CY2019 us-gaap Loans And Leases Receivable Related Parties Period Increase Decrease
LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease
0 USD
CY2020Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
0 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
42944000 USD
CY2020Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6801000 USD
CY2020Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
36143000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
12156000 USD
CY2020Q2 us-gaap Goodwill
Goodwill
370547000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
3622000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
6600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
5845000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5089000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
4333000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
10654000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
36143000 USD
CY2020Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
3434038000 USD
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
1892052000 USD
CY2020Q2 us-gaap Demand Deposit Accounts
DemandDepositAccounts
1142475000 USD
CY2019Q4 us-gaap Demand Deposit Accounts
DemandDepositAccounts
836433000 USD
CY2020Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
2945990000 USD
CY2019Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1839593000 USD
CY2020Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
387636000 USD
CY2019Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
329919000 USD
CY2020Q2 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
585539000 USD
CY2019Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
463431000 USD
CY2020Q2 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
1581156000 USD
CY2019Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
1078891000 USD
CY2020Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
6642796000 USD
CY2019Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
4548267000 USD
CY2020Q2 us-gaap Deposits
Deposits
10076834000 USD
CY2019Q4 us-gaap Deposits
Deposits
6440319000 USD
CY2020Q2 sasr Deposits Liabilities Upon Acquisition
DepositsLiabilitiesUponAcquisition
2300000000 USD
CY2020Q2 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
752400000 USD
CY2020Q2 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
14700000 USD
sasr Deposit Premium Amortization Period
DepositPremiumAmortizationPeriod
P5Y
CY2020Q2 us-gaap Subordinated Debt
SubordinatedDebt
230301000 USD
CY2019Q4 us-gaap Subordinated Debt
SubordinatedDebt
209406000 USD
CY2020Q2 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
451800000 USD
CY2019Q4 us-gaap Federal Home Loan Bank Advances
FederalHomeLoanBankAdvances
513800000 USD
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2020Q2 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
1800000 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
820328 shares
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
31.33
CY2020Q2 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1488519 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
50000000.0 USD
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
395298 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
9.14
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
65279 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.34
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
485000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
395298 shares
sasr Share Based Compensation Arrangements By Share Based Payment Award Options Converted In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsConvertedInPeriodWeightedAverageExercisePrice
12.27
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
8638 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
17.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
104000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
573 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
39.31
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
703 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
28.26
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
450663 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
14.88
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y4M24D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4930000 USD
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
445707 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
14.62
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y4M24D
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
4930000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
11000 shares
CY2020Q2 sasr Potentially Incremental Common Shares Antidilutive
PotentiallyIncrementalCommonSharesAntidilutive
138549 shares
sasr Potentially Incremental Common Shares Antidilutive
PotentiallyIncrementalCommonSharesAntidilutive
161483 shares
CY2020Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
359000 USD
CY2019Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
402000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
719000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
804000 USD
CY2020Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
456000 USD
CY2019Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
412000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
912000 USD
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
824000 USD
CY2020Q2 sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
219000 USD
CY2019Q2 sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
265000 USD
sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
437000 USD
sasr Defined Benefit Plan Recognized Net Actuarial Loss
DefinedBenefitPlanRecognizedNetActuarialLoss
530000 USD
CY2020Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
122000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
244000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
510000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-14338000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
28276000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4351000 USD
us-gaap Net Income Loss
NetIncomeLoss
58593000 USD
CY2020Q2 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
46988000 shares
CY2019Q2 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
35862000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
40827000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
35816000 shares
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.31
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.64
CY2020Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
46988000 shares
CY2019Q2 us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
35862000 shares
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
40827000 shares
us-gaap Pro Forma Weighted Average Shares Outstanding Diluted
ProFormaWeightedAverageSharesOutstandingDiluted
35816000 shares
CY2020Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2019Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
28000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
50000 shares
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
46988000 shares
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35890000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40827000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35866000 shares
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.31
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.79
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.63
CY2020Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
56000 shares
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
10000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
16000 shares
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4332000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
19114000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-42000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
19156000 USD
CY2020Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
14824000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-15754000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
11802000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-387000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12189000 USD
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-3565000 USD
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
381000 USD
us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
5000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
381000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
5000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
97000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
1000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
284000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
4000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-437000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-530000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-437000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-530000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-111000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
-139000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-326000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-391000 USD
CY2020Q2 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The Company leases real estate properties for its network of bank branches, financial centers and corporate offices.
CY2020Q2 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
Most lease agreements include one or more options to renew, with renewal terms that can extend the original lease term from one to twenty years or more.
CY2020Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
70200000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
81200000 USD
CY2020Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
3400000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
6100000 USD
CY2019Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
2800000 USD
us-gaap Operating Lease Expense
OperatingLeaseExpense
5700000 USD
CY2020Q2 sasr Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
3300000 USD
sasr Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
6000000.0 USD
CY2019Q2 sasr Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
2200000 USD
sasr Increase Decrease In Operating Lease Liabilities
IncreaseDecreaseInOperatingLeaseLiabilities
4300000 USD
CY2020Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
300000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6701000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12879000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11361000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
11193000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
9113000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
44407000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
95654000 USD
CY2020Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
14439000 USD
CY2020Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
81215000 USD
CY2020Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y7M6D
CY2020Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0307 pure
CY2020Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
8307000 USD
us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
-7096000 USD
CY2019Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
8368000 USD
CY2019 us-gaap Assets Fair Value Adjustment
AssetsFairValueAdjustment
-6580000 USD
CY2020Q2 sasr Financing Receivable Individually Evaluated For Credit Loss
FinancingReceivableIndividuallyEvaluatedForCreditLoss
60500000 USD
CY2020Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
51700000 USD
CY2020Q2 sasr Allowance Related To Loans Evaluated Individually
AllowanceRelatedToLoansEvaluatedIndividually
8800000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
24800000 USD
CY2019Q4 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
19300000 USD
CY2019Q4 sasr Allowance Related To Loans Evaluated Individually
AllowanceRelatedToLoansEvaluatedIndividually
5500000 USD
CY2020Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
114927000 USD
CY2020Q2 us-gaap Interest Expense
InterestExpense
13413000 USD
CY2020Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
58686000 USD
CY2020Q2 us-gaap Noninterest Income
NoninterestIncome
22924000 USD
CY2020Q2 us-gaap Noninterest Expense
NoninterestExpense
85438000 USD
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-19686000 USD
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5348000 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-14338000 USD
CY2020Q2 us-gaap Assets
Assets
13290447000 USD
CY2019Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
87214000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
21029000 USD
CY2019Q2 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1633000 USD
CY2019Q2 us-gaap Noninterest Income
NoninterestIncome
16556000 USD
CY2019Q2 us-gaap Noninterest Expense
NoninterestExpense
43887000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
37221000 USD
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8945000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
28276000 USD
CY2019Q2 us-gaap Assets
Assets
8398519000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
198785000 USD
us-gaap Interest Expense
InterestExpense
32937000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
83155000 USD
us-gaap Noninterest Income
NoninterestIncome
41092000 USD
us-gaap Noninterest Expense
NoninterestExpense
133184000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-9399000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5048000 USD
us-gaap Net Income Loss
NetIncomeLoss
-4351000 USD
CY2020Q2 us-gaap Assets
Assets
13290447000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
175397000 USD
us-gaap Interest Expense
InterestExpense
42462000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
1505000 USD
us-gaap Noninterest Income
NoninterestIncome
33525000 USD
us-gaap Noninterest Expense
NoninterestExpense
88079000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
76876000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
18283000 USD
us-gaap Net Income Loss
NetIncomeLoss
58593000 USD
CY2019Q2 us-gaap Assets
Assets
8398519000 USD

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