$SASR
SANDY SPRING BANCORP INC Stock $sasr

$sasr Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-Q Financial Statement

#000082441024000019 Filed on May 03, 2024

Income Statement

Concept	2024 Q2	2024 Q1
Revenue	$165.1M	$166.0M
YoY Change	4.4%	9.69%
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	$6.332M	$6.343M
YoY Change	20.4%	11.5%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense		$86.67M
YoY Change		60.37%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	$30.75M	$27.32M
YoY Change	-8.09%	-60.11%
Income Tax	$7.941M	$6.944M
% Of Pretax Income	25.83%	25.42%
Net Earnings	$22.81M	$20.37M
YoY Change	-7.71%	-60.25%
Net Earnings / Revenue	13.81%	12.27%
Basic Earnings Per Share	$0.51	$0.45
Diluted Earnings Per Share	$0.51	$0.45
COMMON SHARES
Basic Shares Outstanding	45.06M shares	44.94M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$406.7M	$410.4M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$58.21M	$59.84M
YoY Change	-18.25%	-13.56%
Goodwill	$363.4M	$363.4M
YoY Change	0.0%	0.0%
Intangibles	$30.09M	$29.86M
YoY Change	74.11%	61.0%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets	$14.01B	$13.89B
YoY Change	0.1%	-1.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$76.57M	$81.84M
YoY Change	-49.48%	-42.84%
Accrued Expenses	$46.40M	$47.25M
YoY Change	-20.78%	-22.62%
Deferred Revenue
YoY Change
Short-Term Debt	$75.04M	$71.53M
YoY Change	-79.96%	-71.69%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$198.0M	$200.6M
YoY Change	-62.36%	-49.31%
LONG-TERM LIABILITIES
Long-Term Debt	$371.1M	$371.0M
YoY Change	0.16%	0.16%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$371.1M	$371.0M
YoY Change	0.16%	0.16%
TOTAL LIABILITIES
Total Short-Term Liabilities	$198.0M	$200.6M
Total Long-Term Liabilities	$371.1M	$371.0M
Total Liabilities	$12.41B	$12.30B
YoY Change	-0.37%	-2.33%
SHAREHOLDERS EQUITY
Retained Earnings	$910.6M	$903.4M
YoY Change	3.23%	3.52%
Common Stock	$790.4M	$788.8M
YoY Change	1.0%	1.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.599B	$1.589B
YoY Change
Total Liabilities & Shareholders Equity	$14.01B	$13.89B
YoY Change	0.1%	-1.7%

Cashflow Statement

Concept	2024 Q2	2024 Q1
OPERATING ACTIVITIES
Net Income	$22.81M	$20.37M
YoY Change	-7.71%	-60.25%
Depreciation, Depletion And Amortization	$6.332M	$6.343M
YoY Change	20.4%	11.5%
Cash From Operating Activities	$13.55M	$7.078M
YoY Change	-40.75%	-77.47%
INVESTING ACTIVITIES
Capital Expenditures	$2.561M	$5.727M
YoY Change	-26.85%	49.41%
Acquisitions
YoY Change
Other Investing Activities	-$114.7M	$699.0K
YoY Change	-251.88%	-98.13%
Cash From Investing Activities	-$117.3M	-$5.028M
YoY Change	-262.81%	-114.94%
FINANCING ACTIVITIES
Cash Dividend Paid		$15.31M
YoY Change		0.41%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	100.1M	-$137.6M
YoY Change	-162.35%	-157.7%
NET CHANGE
Cash From Operating Activities	13.55M	$7.078M
Cash From Investing Activities	-117.3M	-$5.028M
Cash From Financing Activities	100.1M	-$137.6M
Net Change In Cash	-3.680M	-$135.5M
YoY Change	-94.39%	-144.65%
FREE CASH FLOW
Cash From Operating Activities	$13.55M	$7.078M
Capital Expenditures	$2.561M	$5.727M
Free Cash Flow	$10.99M	$1.351M
YoY Change	-43.27%	-95.1%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	51253000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2023Q4	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://www.sandyspringbank.com/20240331#AccruedInterestPayableAndOtherLiabilities
CY2024Q1	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://www.sandyspringbank.com/20240331#AccruedInterestPayableAndOtherLiabilities
CY2023Q1	us-gaap	Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#InterestAndDividendIncomeOperating
CY2024Q1	us-gaap	Derivative Gain Loss Statement Of Income Or Comprehensive Income Extensible Enumeration DerivativeGainLossStatementOfIncomeOrComprehensiveIncomeExtensibleEnumeration	http://fasb.org/us-gaap/2023#InterestAndDividendIncomeOperating
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	44940147	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	44940147	shares
CY2024Q1	us-gaap	Interest And Fee Income Loans And Leases Held For Sale InterestAndFeeIncomeLoansAndLeasesHeldForSale	128000	usd
CY2023Q1	us-gaap	Interest And Fee Income Loans And Leases Held For Sale InterestAndFeeIncomeLoansAndLeasesHeldForSale	152000	usd
CY2024Q1	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	6786000	usd
CY2023Q1	us-gaap	Interest Income Deposits With Financial Institutions InterestIncomeDepositsWithFinancialInstitutions	2686000	usd
CY2024Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	6663000	usd
CY2023Q1	us-gaap	Interest Income Securities Taxable InterestIncomeSecuritiesTaxable	7008000	usd
CY2024Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	1797000	usd
CY2023Q1	us-gaap	Interest Income Securities Tax Exempt InterestIncomeSecuritiesTaxExempt	1770000	usd
CY2024Q1	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	5000	usd
CY2023Q1	us-gaap	Interest Income Federal Funds Sold InterestIncomeFederalFundsSold	4000	usd
CY2024Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	166014000	usd
CY2023Q1	us-gaap	Interest And Dividend Income Operating InterestAndDividendIncomeOperating	151347000	usd
CY2024Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	73366000	usd
CY2023Q1	us-gaap	Interest Expense Deposits InterestExpenseDeposits	40788000	usd
CY2024Q1	us-gaap	Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	3386000	usd
CY2023Q1	us-gaap	Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase	2104000	usd
CY2024Q1	us-gaap	Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm	5973000	usd
CY2023Q1	us-gaap	Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm	7207000	usd
CY2024Q1	us-gaap	Interest Expense Subordinated Notes And Debentures InterestExpenseSubordinatedNotesAndDebentures	3946000	usd
CY2023Q1	us-gaap	Interest Expense Subordinated Notes And Debentures InterestExpenseSubordinatedNotesAndDebentures	3946000	usd
CY2024Q1	us-gaap	Interest Expense InterestExpense	86671000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	54045000	usd
CY2024Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	79343000	usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	97302000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	2388000	usd
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal	-21536000	usd
CY2024Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	76955000	usd
CY2023Q1	us-gaap	Interest Income Expense After Provision For Loan Loss InterestIncomeExpenseAfterProvisionForLoanLoss	118838000	usd
CY2024Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	0	usd
CY2023Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	0	usd
CY2024Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	1160000	usd
CY2023Q1	us-gaap	Bank Owned Life Insurance Income BankOwnedLifeInsuranceIncome	907000	usd
CY2024Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2645000	usd
CY2023Q1	us-gaap	Noninterest Income Other Operating Income NoninterestIncomeOtherOperatingIncome	2001000	usd
CY2024Q1	us-gaap	Noninterest Income NoninterestIncome	18367000	usd
CY2023Q1	us-gaap	Noninterest Income NoninterestIncome	15951000	usd
CY2024Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	36698000	usd
CY2023Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	38926000	usd
CY2024Q1	us-gaap	Occupancy Net OccupancyNet	4816000	usd
CY2023Q1	us-gaap	Occupancy Net OccupancyNet	4847000	usd
CY2024Q1	us-gaap	Equipment Expense EquipmentExpense	3963000	usd
CY2023Q1	us-gaap	Equipment Expense EquipmentExpense	4117000	usd
CY2024Q1	us-gaap	Marketing Expense MarketingExpense	742000	usd
CY2023Q1	us-gaap	Marketing Expense MarketingExpense	1543000	usd
CY2024Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	3103000	usd
CY2023Q1	us-gaap	Information Technology And Data Processing InformationTechnologyAndDataProcessing	2514000	usd
CY2024Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	2911000	usd
CY2023Q1	us-gaap	Federal Deposit Insurance Corporation Premium Expense FederalDepositInsuranceCorporationPremiumExpense	2138000	usd
CY2024Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2069000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1306000	usd
CY2024Q1	us-gaap	Professional Fees ProfessionalFees	4880000	usd
CY2023Q1	us-gaap	Professional Fees ProfessionalFees	3684000	usd
CY2024Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	8824000	usd
CY2023Q1	us-gaap	Other Noninterest Expense OtherNoninterestExpense	7230000	usd
CY2024Q1	us-gaap	Noninterest Expense NoninterestExpense	68006000	usd
CY2023Q1	us-gaap	Noninterest Expense NoninterestExpense	66305000	usd
CY2024Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27316000	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	68484000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	67213000	usd
CY2023Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.34
CY2024Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	6944000	usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	17231000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20372000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	51253000	usd
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.14
CY2024Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.34
CY2023Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.34
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20372000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	51253000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	-7703000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax	20784000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	-1954000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax	5294000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax	0	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax	0	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-5749000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	15490000	usd
CY2024Q1	sasr	Oci Debt Securities Available For Sale Transfer To Held To Maturity Amortization Of Unrealized Holding Gain Loss Before Adjustment And Tax OCIDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAmortizationOfUnrealizedHoldingGainLossBeforeAdjustmentAndTax	371000	usd
CY2023Q1	sasr	Oci Debt Securities Available For Sale Transfer To Held To Maturity Amortization Of Unrealized Holding Gain Loss Before Adjustment And Tax OCIDebtSecuritiesAvailableForSaleTransferToHeldToMaturityAmortizationOfUnrealizedHoldingGainLossBeforeAdjustmentAndTax	405000	usd
CY2024Q1	sasr	Oci Debt Securities Available For Sale Transfers To Held To Maturity Unrealized Holding Gain Loss Before Adjustment Tax OCIDebtSecuritiesAvailableForSaleTransfersToHeldToMaturityUnrealizedHoldingGainLossBeforeAdjustmentTax	94000	usd
CY2023Q1	sasr	Oci Debt Securities Available For Sale Transfers To Held To Maturity Unrealized Holding Gain Loss Before Adjustment Tax OCIDebtSecuritiesAvailableForSaleTransfersToHeldToMaturityUnrealizedHoldingGainLossBeforeAdjustmentTax	103000	usd
CY2024Q1	sasr	Oci Debt Securities Available For Sale Transfers To Held To Maturity Gain Loss After Adjustment And Tax OCIDebtSecuritiesAvailableForSaleTransfersToHeldToMaturityGainLossAfterAdjustmentAndTax	277000	usd
CY2023Q1	sasr	Oci Debt Securities Available For Sale Transfers To Held To Maturity Gain Loss After Adjustment And Tax OCIDebtSecuritiesAvailableForSaleTransfersToHeldToMaturityGainLossAfterAdjustmentAndTax	302000	usd
CY2024Q1	sasr	Other Comprehensive Income Loss Defined Benefit Plan Amortization Of Net Loss OtherComprehensiveIncomeLossDefinedBenefitPlanAmortizationOfNetLoss	0	usd
CY2023Q1	sasr	Other Comprehensive Income Loss Defined Benefit Plan Amortization Of Net Loss OtherComprehensiveIncomeLossDefinedBenefitPlanAmortizationOfNetLoss	-225000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax	57000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	0	usd
CY2023Q1	us-gaap	Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax	168000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5472000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	15960000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14900000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	67213000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1588142000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20372000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5472000	usd
CY2024Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	14900000	usd
CY2024Q1	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.34
CY2024Q1	us-gaap	Dividends Common Stock DividendsCommonStock	15311000	usd
CY2024Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1230000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	9938	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	109000	usd
CY2024Q1	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	16648	shares
CY2024Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	351000	usd
CY2024Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-57000	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1589364000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1483768000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	15960000	usd
CY2023Q1	us-gaap	Dividends Common Stock DividendsCommonStock	15407000	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1241000	usd
CY2023Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	7530	shares
CY2023Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	151000	usd
CY2023Q1	us-gaap	Stock Issued During Period Shares Employee Stock Purchase Plans StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans	11821	shares
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Stock Purchase Plan StockIssuedDuringPeriodValueEmployeeStockPurchasePlan	411000	usd
CY2023Q1	us-gaap	Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures	36092	shares
CY2023Q1	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-512000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	1536865000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20372000	usd
CY2024Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	6343000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5689000	usd
CY2024Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	2388000	usd
CY2023Q1	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-21536000	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1230000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1241000	usd
CY2024Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	2189000	usd
CY2023Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	8498000	usd
CY2024Q1	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	67801000	usd
CY2023Q1	us-gaap	Payments For Origination And Purchases Of Loans Held For Sale PaymentsForOriginationAndPurchasesOfLoansHeldForSale	67837000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	62871000	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Loans Held For Sale ProceedsFromSaleOfLoansHeldForSale	64025000	usd
CY2024Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	861000	usd
CY2023Q1	us-gaap	Gain Loss On Sales Of Loans Net GainLossOnSalesOfLoansNet	744000	usd
CY2024Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	0	usd
CY2023Q1	us-gaap	Debt And Equity Securities Gain Loss DebtAndEquitySecuritiesGainLoss	0	usd
CY2024Q1	sasr	Excess Tax Benefit From Share Based Compensation ExcessTaxBenefitFromShareBasedCompensation	-130000	usd
CY2023Q1	sasr	Excess Tax Benefit From Share Based Compensation ExcessTaxBenefitFromShareBasedCompensation	78000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	569000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Interest Receivable Net IncreaseDecreaseInAccruedInterestReceivableNet	1060000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-567000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-6236000	usd
CY2024Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-19643000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-14345000	usd
CY2024Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	138000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-80000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7078000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	31422000	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Other Investments ProceedsFromSaleOfOtherInvestments	2211000	usd
CY2023Q1	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	9171000	usd
CY2024Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	46375000	usd
CY2023Q1	us-gaap	Payments To Acquire Available For Sale Securities Debt PaymentsToAcquireAvailableForSaleSecuritiesDebt	0	usd
CY2024Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	0	usd
CY2023Q1	us-gaap	Proceeds From Sale Of Available For Sale Securities Debt ProceedsFromSaleOfAvailableForSaleSecuritiesDebt	0	usd
CY2024Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	40026000	usd
CY2023Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities	38760000	usd
CY2024Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	5107000	usd
CY2023Q1	us-gaap	Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities	5558000	usd
CY2024Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	270000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	-2330000	usd
CY2024Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	5727000	usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3833000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5028000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	33644000	usd
CY2024Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	230853000	usd
CY2023Q1	us-gaap	Increase Decrease In Deposits IncreaseDecreaseInDeposits	122956000	usd
CY2024Q1	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-303503000	usd
CY2023Q1	us-gaap	Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet	-69340000	usd
CY2024Q1	us-gaap	Proceeds From Federal Home Loan Bank Borrowings ProceedsFromFederalHomeLoanBankBorrowings	0	usd
CY2023Q1	us-gaap	Proceeds From Federal Home Loan Bank Borrowings ProceedsFromFederalHomeLoanBankBorrowings	1480000000	usd
CY2024Q1	us-gaap	Repayments Of Federal Home Loan Bank Borrowings RepaymentsOfFederalHomeLoanBankBorrowings	50000000	usd
CY2023Q1	us-gaap	Repayments Of Federal Home Loan Bank Borrowings RepaymentsOfFederalHomeLoanBankBorrowings	1280000000	usd
CY2024Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	460000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	720000	usd
CY2024Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	57000	usd
CY2023Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	670000	usd
CY2024Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	15311000	usd
CY2023Q1	us-gaap	Payments Of Dividends PaymentsOfDividends	15249000	usd
CY2024Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-137558000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	238417000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-135508000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	303483000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	545898000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	192232000	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	410390000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	495715000	usd
CY2024Q1	us-gaap	Interest Paid Net InterestPaidNet	94959000	usd
CY2023Q1	us-gaap	Interest Paid Net InterestPaidNet	52919000	usd
CY2024Q1	sasr	Loans Transferred From Loans To Other Real Estate Owned LoansTransferredFromLoansToOtherRealEstateOwned	2700000	usd
CY2023Q1	sasr	Loans Transferred From Loans To Other Real Estate Owned LoansTransferredFromLoansToOtherRealEstateOwned	0	usd
CY2024Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 an 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></div>
CY2023Q4	us-gaap	Number Of Reporting Units NumberOfReportingUnits	2	reporting_unit
CY2023Q4	us-gaap	Number Of Reporting Units NumberOfReportingUnits	2	reporting_unit
CY2024Q1	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1226582000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	83000	usd
CY2024Q1	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	125924000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1100741000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1220819000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax	182000	usd
CY2023Q4	us-gaap	Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax	118320000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1102681000	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss	231354000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0	usd
CY2024Q1	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	38556000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	192798000	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss	236165000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Gain HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain	0	usd
CY2023Q4	us-gaap	Held To Maturity Securities Accumulated Unrecognized Holding Loss HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss	35754000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	200411000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	1457936000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Gain DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedGain	83000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Loss DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedLoss	164480000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale And Held To Maturity Fair Value DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue	1293539000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale And Held To Maturity Amortized Cost After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAndHeldToMaturityAmortizedCostAfterAllowanceForCreditLoss	1456984000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Gain DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedGain	182000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale And Held To Maturity Cumulative Unrecognized Loss DebtSecuritiesAvailableForSaleAndHeldToMaturityCumulativeUnrecognizedLoss	154074000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale And Held To Maturity Fair Value DebtSecuritiesAvailableForSaleAndHeldToMaturityFairValue	1303092000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	464	security
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11366989000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	59634000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	484000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	1016193000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	125440000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1075827000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	125924000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Number Of Positions DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions	454	security
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months	26893000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss	190000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger	1050289000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss	118130000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position DebtSecuritiesAvailableForSaleUnrealizedLossPosition	1077182000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss	118320000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1100741000	usd
CY2024Q1	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1226582000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Excluding Accrued Interest DebtSecuritiesAvailableForSaleExcludingAccruedInterest	1102681000	usd
CY2023Q4	us-gaap	Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss	1220819000	usd
CY2024Q1	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	192798000	usd
CY2024Q1	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss	231354000	usd
CY2023Q4	us-gaap	Held To Maturity Securities Fair Value HeldToMaturitySecuritiesFairValue	200411000	usd
CY2023Q4	us-gaap	Debt Securities Held To Maturity Excluding Accrued Interest After Allowance For Credit Loss DebtSecuritiesHeldToMaturityExcludingAccruedInterestAfterAllowanceForCreditLoss	236165000	usd
CY2024Q1	us-gaap	Federal Reserve Bank Stock FederalReserveBankStock	39152000	usd
CY2023Q4	us-gaap	Federal Reserve Bank Stock FederalReserveBankStock	39125000	usd
CY2024Q1	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	33566000	usd
CY2023Q4	us-gaap	Federal Home Loan Bank Stock FederalHomeLoanBankStock	35805000	usd
CY2024Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	677000	usd
CY2023Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	677000	usd
CY2024Q1	us-gaap	Other Investments And Securities At Cost OtherInvestmentsAndSecuritiesAtCost	73395000	usd
CY2023Q4	us-gaap	Other Investments And Securities At Cost OtherInvestmentsAndSecuritiesAtCost	75607000	usd
CY2024Q1	us-gaap	Financing Receivable Deferred Income FinancingReceivableDeferredIncome	7600000	usd
CY2023Q4	us-gaap	Financing Receivable Deferred Income FinancingReceivableDeferredIncome	7000000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11364284000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	120865000	usd
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	136242000	usd
CY2024Q1	sasr	Financing Receivable Loans Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableLoansExcludingAccruedInterestCreditLossExpenseReversal	3331000	usd
CY2023Q1	sasr	Financing Receivable Loans Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableLoansExcludingAccruedInterestCreditLossExpenseReversal	-18945000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	1620000	usd
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	171000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	520000	usd
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	487000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	1100000	usd
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	-316000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	123096000	usd
CY2023Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	117613000	usd
CY2024Q1	sasr	Financing Receivable Individually Evaluated For Impairment With An Allowance FinancingReceivableIndividuallyEvaluatedForImpairmentWithAnAllowance	69068000	usd
CY2023Q4	sasr	Financing Receivable Individually Evaluated For Impairment With An Allowance FinancingReceivableIndividuallyEvaluatedForImpairmentWithAnAllowance	72179000	usd
CY2024Q1	sasr	Financing Receivable Individually Evaluated For Impairment Without An Allowance FinancingReceivableIndividuallyEvaluatedForImpairmentWithoutAnAllowance	12047000	usd
CY2023Q4	sasr	Financing Receivable Individually Evaluated For Impairment Without An Allowance FinancingReceivableIndividuallyEvaluatedForImpairmentWithoutAnAllowance	15989000	usd
CY2024Q1	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	81115000	usd
CY2023Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	88168000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	20889000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	24000000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	102207000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	96865000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	123096000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	120865000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	120865000	usd
CY2024Q1	sasr	Financing Receivable Loans Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableLoansExcludingAccruedInterestCreditLossExpenseReversal	3331000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	1620000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	520000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	1100000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	123096000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11364284000	usd
CY2024Q1	sasr	Financing Receivable Allowance For Credit Losses To Total Loans Ratio FinancingReceivableAllowanceForCreditLossesToTotalLoansRatio	0.0108
CY2024Q1	us-gaap	Financing Receivables Before Allowance For Credit Loss Average Amount Outstanding FinancingReceivablesBeforeAllowanceForCreditLossAverageAmountOutstanding	11361747000	usd
CY2024Q1	sasr	Financing Receivable Write Off Recovery To Average Outstanding Percent FinancingReceivableWriteOffRecoveryToAverageOutstandingPercent	0.0004
CY2024Q1	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	81115000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	20889000	usd
CY2024Q1	sasr	Financing Receivable Individual Allowance For Credit Losses To Total Loans Ratio FinancingReceivableIndividualAllowanceForCreditLossesToTotalLoansRatio	0.2575
CY2024Q1	sasr	Unpaid Contractual Principal Balance UnpaidContractualPrincipalBalance	85363000	usd
CY2024Q1	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	11283169000	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	102207000	usd
CY2024Q1	sasr	Financing Receivable Collective Allowance For Credit Losses To Total Loans Ratio FinancingReceivableCollectiveAllowanceForCreditLossesToTotalLoansRatio	0.0091
CY2022Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	136242000	usd
CY2023	sasr	Financing Receivable Loans Excluding Accrued Interest Credit Loss Expense Reversal FinancingReceivableLoansExcludingAccruedInterestCreditLossExpenseReversal	-13894000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff	2614000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery	1131000	usd
CY2023	us-gaap	Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff After Recovery FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery	1483000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Loss Excluding Accrued Interest FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest	120865000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11366989000	usd
CY2023Q4	sasr	Financing Receivable Allowance For Credit Losses To Total Loans Ratio FinancingReceivableAllowanceForCreditLossesToTotalLoansRatio	0.0106
CY2023	us-gaap	Financing Receivables Before Allowance For Credit Loss Average Amount Outstanding FinancingReceivablesBeforeAllowanceForCreditLossAverageAmountOutstanding	11354227000	usd
CY2023	sasr	Financing Receivable Write Off Recovery To Average Outstanding Percent FinancingReceivableWriteOffRecoveryToAverageOutstandingPercent	0.0001
CY2023Q4	us-gaap	Financing Receivable Individually Evaluated For Impairment FinancingReceivableIndividuallyEvaluatedForImpairment	88168000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1 FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1	24000000	usd
CY2023Q4	sasr	Financing Receivable Individual Allowance For Credit Losses To Total Loans Ratio FinancingReceivableIndividualAllowanceForCreditLossesToTotalLoansRatio	0.2722
CY2023Q4	sasr	Unpaid Contractual Principal Balance UnpaidContractualPrincipalBalance	91105000	usd
CY2023Q4	us-gaap	Financing Receivable Collectively Evaluated For Impairment FinancingReceivableCollectivelyEvaluatedForImpairment	11278821000	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment	96865000	usd
CY2023Q4	sasr	Financing Receivable Collective Allowance For Credit Losses To Total Loans Ratio FinancingReceivableCollectiveAllowanceForCreditLossesToTotalLoansRatio	0.0086
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11364284000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11366989000	usd
CY2024Q1	sasr	Average Financing Receivable Recorded Investment Nonaccrual Status AverageFinancingReceivableRecordedInvestmentNonaccrualStatus	87786000	usd
CY2024Q1	us-gaap	Financing Receivable Nonaccrual Interest Income FinancingReceivableNonaccrualInterestIncome	1414000	usd
CY2023	sasr	Average Financing Receivable Recorded Investment Nonaccrual Status AverageFinancingReceivableRecordedInvestmentNonaccrualStatus	58813000	usd
CY2023	us-gaap	Financing Receivable Nonaccrual Interest Income FinancingReceivableNonaccrualInterestIncome	2552000	usd
CY2024Q1	sasr	Financing Receivable Nonaccrual Interest Income Recognized FinancingReceivableNonaccrualInterestIncomeRecognized	0	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear	353255000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear	1132101000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear	2964521000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear	2305753000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear	1106848000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear	2549494000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Revolving FinancingReceivableExcludingAccruedInterestRevolving	952312000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11364284000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear	1245085000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear	2958596000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear	2375873000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear	1175656000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear	870390000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear	1776440000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Revolving FinancingReceivableExcludingAccruedInterestRevolving	964949000	usd
CY2023Q4	us-gaap	Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss	11366989000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	26146000	usd
CY2024Q1	us-gaap	Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent	0.002
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Modified Period FinancingReceivableExcludingAccruedInterestModifiedPeriod	162000	usd
CY2023Q1	us-gaap	Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent	0
CY2024Q1	us-gaap	Loans And Leases Receivable Impaired Commitment To Lend LoansAndLeasesReceivableImpairedCommitmentToLend	100000	usd
CY2024Q1	us-gaap	Financing Receivable Excluding Accrued Interest Modified Past12 Months FinancingReceivableExcludingAccruedInterestModifiedPast12Months	26146000	usd
CY2023Q1	us-gaap	Financing Receivable Excluding Accrued Interest Modified Past12 Months FinancingReceivableExcludingAccruedInterestModifiedPast12Months	162000	usd
CY2024Q1	us-gaap	Financing Receivable Modifications Subsequent Default Number Of Contracts1 FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1	0	loan
CY2024Q1	us-gaap	Mortgage Loans In Process Of Foreclosure Amount MortgageLoansInProcessOfForeclosureAmount	200000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	363436000	usd
CY2024Q1	us-gaap	Goodwill Other Increase Decrease GoodwillOtherIncreaseDecrease	0	usd
CY2024Q1	us-gaap	Goodwill Goodwill	363436000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	55172000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	30382000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	24790000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	53366000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	28313000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	25053000	usd
CY2024Q1	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	60246000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	30382000	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	29864000	usd
CY2023Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	56614000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	28313000	usd
CY2023Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	28301000	usd
CY2024Q1	us-gaap	Goodwill Gross GoodwillGross	363436000	usd
CY2024Q1	us-gaap	Goodwill Goodwill	363436000	usd
CY2023Q4	us-gaap	Goodwill Gross GoodwillGross	363436000	usd
CY2023Q4	us-gaap	Goodwill Goodwill	363436000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	6154000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	5741000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4890000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	3880000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	2970000	usd
CY2024Q1	sasr	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	1155000	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	24790000	usd
CY2024Q1	sasr	Number Of Directors On Committee Administering Incentive Plan NumberOfDirectorsOnCommitteeAdministeringIncentivePlan	3	director
CY2024Q1	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	2817928000	usd
CY2023Q4	us-gaap	Noninterest Bearing Deposit Liabilities NoninterestBearingDepositLiabilities	2914161000	usd
CY2024Q1	us-gaap	Demand Deposit Accounts DemandDepositAccounts	1528184000	usd
CY2023Q4	us-gaap	Demand Deposit Accounts DemandDepositAccounts	1463679000	usd
CY2024Q1	us-gaap	Deposits Money Market Deposits DepositsMoneyMarketDeposits	2680474000	usd
CY2023Q4	us-gaap	Deposits Money Market Deposits DepositsMoneyMarketDeposits	2628918000	usd
CY2024Q1	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	1579104000	usd
CY2023Q4	us-gaap	Deposits Savings Deposits DepositsSavingsDeposits	1275225000	usd
CY2024Q1	sasr	Time Deposits Less Than250000 TimeDepositsLessThan250000	1978545000	usd
CY2023Q4	sasr	Time Deposits Less Than250000 TimeDepositsLessThan250000	2068259000	usd
CY2024Q1	sasr	Time Deposits250000 Or More TimeDeposits250000OrMore	642965000	usd
CY2023Q4	sasr	Time Deposits250000 Or More TimeDeposits250000OrMore	646296000	usd
CY2024Q1	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	8409272000	usd
CY2023Q4	us-gaap	Interest Bearing Deposit Liabilities InterestBearingDepositLiabilities	8082377000	usd
CY2024Q1	us-gaap	Deposits Deposits	11227200000	usd
CY2023Q4	us-gaap	Deposits Deposits	10996538000	usd
CY2024Q1	us-gaap	Subordinated Debt SubordinatedDebt	370952000	usd
CY2023Q4	us-gaap	Subordinated Debt SubordinatedDebt	370803000	usd
CY2024Q1	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	3100000000	usd
CY2024Q1	us-gaap	Federal Home Loan Bank Advances FederalHomeLoanBankAdvances	500000000	usd
CY2023Q4	us-gaap	Federal Home Loan Bank Advances General Debt Obligations Disclosures Collateral Pledged1 FederalHomeLoanBankAdvancesGeneralDebtObligationsDisclosuresCollateralPledged1	3100000000	usd
CY2023Q4	us-gaap	Federal Home Loan Bank Advances FederalHomeLoanBankAdvances	550000000	usd
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	80195	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	19.07
CY2023	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1Y2M12D
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	621000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod	0	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0
CY2024Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	9938	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	10.96
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	135000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod	6163	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice	42.48
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	64094	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	18.07
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P1Y2M12D
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	516000	usd
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	64094	shares
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	18.07
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P1Y2M12D
CY2024Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	516000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Contributions By Employer DefinedBenefitPlanContributionsByEmployer	1300000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1 DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1	-8200000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	0	usd
CY2023Q1	us-gaap	Defined Benefit Plan Interest Cost DefinedBenefitPlanInterestCost	438000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	0	usd
CY2023Q1	us-gaap	Defined Benefit Plan Expected Return On Plan Assets DefinedBenefitPlanExpectedReturnOnPlanAssets	373000	usd
CY2024Q1	sasr	Defined Benefit Plan Recognized Net Actuarial Loss DefinedBenefitPlanRecognizedNetActuarialLoss	0	usd
CY2023Q1	sasr	Defined Benefit Plan Recognized Net Actuarial Loss DefinedBenefitPlanRecognizedNetActuarialLoss	225000	usd
CY2024Q1	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	0	usd
CY2023Q1	us-gaap	Defined Benefit Plan Net Periodic Benefit Cost DefinedBenefitPlanNetPeriodicBenefitCost	290000	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	20372000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	51253000	usd
CY2024Q1	sasr	Distributed And Undistributed Earnings Allocated To Participating Securities DistributedAndUndistributedEarningsAllocatedToParticipatingSecurities	26000	usd
CY2023Q1	sasr	Distributed And Undistributed Earnings Allocated To Participating Securities DistributedAndUndistributedEarningsAllocatedToParticipatingSecurities	169000	usd
CY2024Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	20346000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	51084000	usd
CY2024Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44990000	shares
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	44825000	shares
CY2024Q1	us-gaap	Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma	58000	shares
CY2023Q1	us-gaap	Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma	148000	shares
CY2024Q1	us-gaap	Weighted Average Basic Shares Outstanding Pro Forma WeightedAverageBasicSharesOutstandingProForma	44932000	shares
CY2023Q1	us-gaap	Weighted Average Basic Shares Outstanding Pro Forma WeightedAverageBasicSharesOutstandingProForma	44677000	shares
CY2024Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	155000	shares
CY2023Q1	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	195000	shares
CY2024Q1	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	45087000	shares
CY2023Q1	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	44872000	shares
CY2024Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.45
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.14
CY2024Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.14
CY2024Q1	sasr	Potentially Incremental Common Shares Antidilutive PotentiallyIncrementalCommonSharesAntidilutive	29000	shares
CY2023Q1	sasr	Potentially Incremental Common Shares Antidilutive PotentiallyIncrementalCommonSharesAntidilutive	15000	shares
CY2024Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	-5749000	usd
CY2024Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-277000	usd
CY2024Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-5472000	usd
CY2023Q1	us-gaap	Oci Before Reclassifications Net Of Tax Attributable To Parent OciBeforeReclassificationsNetOfTaxAttributableToParent	15490000	usd
CY2023Q1	us-gaap	Reclassification From Aoci Current Period Net Of Tax Attributable To Parent ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent	-470000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	15960000	usd
CY2024Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	2565000	usd
CY2023Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	2715000	usd
CY2024Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	2824000	usd
CY2023Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	2889000	usd
CY2024Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	995000	usd
CY2023Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	703000	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	39814000	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	40362000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	47251000	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	48058000	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y4M24D
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P5Y7M6D
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0367
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0361
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	8343000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	10458000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	9734000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	8300000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	6799000	usd
CY2024Q1	sasr	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	8631000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	52265000	usd
CY2024Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	5014000	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	47251000	usd
CY2024Q1	sasr	Lessee Operating Lease Number Of Leases Not Yet Commenced LesseeOperatingLeaseNumberOfLeasesNotYetCommenced	0	lease
CY2024Q1	us-gaap	Derivative Fair Value Of Derivative Net DerivativeFairValueOfDerivativeNet	0	usd
CY2024Q1	sasr	Number Of Designated Qualifying Hedges NumberOfDesignatedQualifyingHedges	0	derivative
CY2024Q1	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	578754000	usd
CY2023Q4	us-gaap	Derivative Notional Amount DerivativeNotionalAmount	524108000	usd
CY2024Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	306000	usd
CY2023Q1	us-gaap	Derivative Gain Loss On Derivative Net DerivativeGainLossOnDerivativeNet	205000	usd
CY2024Q1	sasr	Financing Receivable Individually Evaluated For Credit Loss FinancingReceivableIndividuallyEvaluatedForCreditLoss	81100000	usd
CY2024Q1	us-gaap	Notes Receivable Fair Value Disclosure NotesReceivableFairValueDisclosure	60200000	usd
CY2024Q1	sasr	Allowance Related To Loans Evaluated Individually AllowanceRelatedToLoansEvaluatedIndividually	20900000	usd
CY2023Q4	sasr	Financing Receivable Individually Evaluated For Credit Loss FinancingReceivableIndividuallyEvaluatedForCreditLoss	88200000	usd
CY2023Q4	us-gaap	Notes Receivable Fair Value Disclosure NotesReceivableFairValueDisclosure	64200000	usd
CY2023Q4	sasr	Allowance Related To Loans Evaluated Individually AllowanceRelatedToLoansEvaluatedIndividually	24000000	usd
CY2024Q1	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q1	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q1	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0000824410-24-000019-index-headers.html	Edgar Link	pending
0000824410-24-000019-index.html	Edgar Link	pending
0000824410-24-000019.txt	Edgar Link	pending
0000824410-24-000019-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
march2024ex-31a.htm	Edgar Link	pending
march2024ex-31b.htm	Edgar Link	pending
march2024ex-32a.htm	Edgar Link	pending
march2024ex-32b.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R80.htm	Edgar Link	pending
R81.htm	Edgar Link	pending
R82.htm	Edgar Link	pending
R83.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
sasr-20240331.htm	Edgar Link	pending
sasr-20240331.xsd	Edgar Link	pending
Show.js	Edgar Link	pending
sasr-20240331_def.xml	Edgar Link	unprocessable
sasr-20240331_lab.xml	Edgar Link	unprocessable
sasr-20240331_pre.xml	Edgar Link	unprocessable
sasr-20240331_htm.xml	Edgar Link	completed
sasr-20240331_cal.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$SASR
SANDY SPRING BANCORP INC Stock $sasr

2024 Q2 Form 10-Q Financial Statement

#000082441024000019 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SASR SANDY SPRING BANCORP INC Stock $sasr

2024 Q2 Form 10-Q Financial Statement

#000082441024000019 Filed on May 03, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SASR
SANDY SPRING BANCORP INC Stock $sasr