2022 Q1 Form 10-Q Financial Statement

#000155837022007530 Filed on May 06, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $270.5M $278.5M
YoY Change -2.88% 88.41%
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 $16.18M $15.50M
YoY Change 4.37% 96.2%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $8.990M $16.48M
YoY Change -45.44% -16.72%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $127.4M $188.0M
YoY Change -32.22% 562.76%
Income Tax $27.08M $41.04M
% Of Pretax Income 21.26% 21.83%
Net Earnings $100.3M $146.9M
YoY Change -31.73% 509.49%
Net Earnings / Revenue 37.1% 52.77%
Basic Earnings Per Share $1.40 $2.07
Diluted Earnings Per Share $1.39 $2.06
COMMON SHARES
Basic Shares Outstanding 71.45M 71.01M
Diluted Shares Outstanding 72.11M 71.48M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $6.033B $5.974B
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 $568.3M $569.0M
YoY Change -0.12% 82.28%
Goodwill $1.900B $1.600B
YoY Change 18.75% 60.0%
Intangibles $140.4M $153.9M
YoY Change -8.77% 228.7%
Long-Term Investments $4.000M $5.000M
YoY Change -20.0% 25.0%
Other Assets $142.5M $136.0M
YoY Change 4.78% 195.65%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $46.20B $39.73B
YoY Change 16.29% 138.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $125.9M $117.0M
YoY Change 7.61% 32.95%
Deferred Revenue
YoY Change
Short-Term Debt $770.4M $879.0M
YoY Change -12.35% 169.63%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $125.9M $117.0M
YoY Change 7.61% 32.95%
LONG-TERM LIABILITIES
Long-Term Debt $405.6M $390.0M
YoY Change 3.99% -70.36%
Other Long-Term Liabilities $919.1M $1.147B
YoY Change -19.87% 364.37%
Total Long-Term Liabilities $1.325B $1.537B
YoY Change -13.82% -1.66%
TOTAL LIABILITIES
Total Short-Term Liabilities $125.9M $117.0M
Total Long-Term Liabilities $1.325B $1.537B
Total Liabilities $41.03B $35.01B
YoY Change 17.19% 144.45%
SHAREHOLDERS EQUITY
Retained Earnings $1.064B $771.0M
YoY Change 38.02% 19.83%
Common Stock $189.4M $177.7M
YoY Change 6.62% 112.47%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.174B $4.720B
YoY Change
Total Liabilities & Shareholders Equity $46.20B $39.73B
YoY Change 16.29% 138.72%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income $100.3M $146.9M
YoY Change -31.73% 509.49%
Depreciation, Depletion And Amortization $16.18M $15.50M
YoY Change 4.37% 96.2%
Cash From Operating Activities $172.2M $299.0M
YoY Change -42.42% 627.88%
INVESTING ACTIVITIES
Capital Expenditures $4.983M $5.580M
YoY Change -10.7% 154.45%
Acquisitions -$250.1M $39.93M
YoY Change -726.4%
Other Investing Activities -$1.488B -$744.8M
YoY Change 99.78% 535.49%
Cash From Investing Activities -$1.493B -$750.4M
YoY Change 98.96% 528.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $88.82M $804.0K
YoY Change 10946.64% -96.97%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 510.2M 1.816B
YoY Change -71.91% 178.38%
NET CHANGE
Cash From Operating Activities 172.2M 299.0M
Cash From Investing Activities -1.493B -750.4M
Cash From Financing Activities 510.2M 1.816B
Net Change In Cash -810.5M 1.365B
YoY Change -159.39% 137.73%
FREE CASH FLOW
Cash From Operating Activities $172.2M $299.0M
Capital Expenditures $4.983M $5.580M
Free Cash Flow $167.2M $293.5M
YoY Change -43.02% 654.58%

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CY2022Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
90974000
CY2022Q1 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
842065000
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
306059000
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
4705175000
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
86863000
CY2022Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
853053000
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
31633000
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
1316106000
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
10522000
CY2021Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
307277000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
46537000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
2935314000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
17261000
CY2021Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
462192000
CY2022Q1 us-gaap Trading Securities Debt
TradingSecuritiesDebt
74234000
CY2021Q4 us-gaap Trading Securities Debt
TradingSecuritiesDebt
77689000
CY2022Q1 ssb Debt Securities Trading Gain Loss On Sale Of Securities
DebtSecuritiesTradingGainLossOnSaleOfSecurities
-1239000
CY2021Q1 ssb Debt Securities Trading Gain Loss On Sale Of Securities
DebtSecuritiesTradingGainLossOnSaleOfSecurities
119000
CY2022Q1 ssb Debt Securities Trading Gain Loss On Mark To Market Securities
DebtSecuritiesTradingGainLossOnMarkToMarketSecurities
-1976000
CY2021Q1 ssb Debt Securities Trading Gain Loss On Mark To Market Securities
DebtSecuritiesTradingGainLossOnMarkToMarketSecurities
-726000
CY2022Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
26556427000
CY2021Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
23928166000
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
300396000
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
301807000
CY2022Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
26256031000
CY2021Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
23626359000
CY2022Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
27900000
CY2021Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
15900000
CY2022Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
100700000
CY2021Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
68000000.0
CY2022Q1 us-gaap Interest Receivable
InterestReceivable
80600000
CY2021Q4 us-gaap Interest Receivable
InterestReceivable
70600000
CY2022Q1 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
1777342000
CY2022Q1 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
7408136000
CY2022Q1 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3696556000
CY2022Q1 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
3242424000
CY2022Q1 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
2060768000
CY2022Q1 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
5618860000
CY2022Q1 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
2752341000
CY2022Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
26556427000
CY2021Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
6913060000
CY2021Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
3765913000
CY2021Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
3187599000
CY2021Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
2026918000
CY2021Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
1575244000
CY2021Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
4106997000
CY2021Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
2352435000
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
23928166000
CY2022Q1 ssb Financing Receivable Recorded Investment Non Accruing
FinancingReceivableRecordedInvestmentNonAccruing
78849000
CY2022Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
26556427000
CY2021Q4 ssb Financing Receivable Recorded Investment Non Accruing
FinancingReceivableRecordedInvestmentNonAccruing
75418000
CY2021Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
23928166000
CY2022Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
78849000
CY2022Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
35586000
CY2022Q1 ssb Financing Receivable Nonaccrual With No Related Allowance Unpaid Principal Balance
FinancingReceivableNonaccrualWithNoRelatedAllowanceUnpaidPrincipalBalance
17284000
CY2021Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
75418000
CY2020Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
500000
CY2020Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
1000000.0
CY2022Q1 ssb Financing Receivable Recorded Investment Increase In Collateral Dependent Loans
FinancingReceivableRecordedInvestmentIncreaseInCollateralDependentLoans
-4000000.0
CY2022Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
14
CY2022Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
3787000
CY2022Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
3787000
CY2021Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
CY2021Q1 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
338000
CY2021Q1 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
338000
CY2022Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
12400000
CY2021Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
14500000
CY2022Q1 ssb Financing Receivable Troubled Debt Restructuring Amount In Remaining Availability Under Commitments To Lend Additional Funds
FinancingReceivableTroubledDebtRestructuringAmountInRemainingAvailabilityUnderCommitmentsToLendAdditionalFunds
768000
CY2021Q1 ssb Financing Receivable Troubled Debt Restructuring Amount In Remaining Availability Under Commitments To Lend Additional Funds
FinancingReceivableTroubledDebtRestructuringAmountInRemainingAvailabilityUnderCommitmentsToLendAdditionalFunds
791000
CY2022Q1 ssb Allowance For Credit Losses Loans That Subsequently Defaulted
AllowanceForCreditLossesLoansThatSubsequentlyDefaulted
4200000
CY2021Q1 ssb Allowance For Credit Losses Loans That Subsequently Defaulted
AllowanceForCreditLossesLoansThatSubsequentlyDefaulted
2400000
CY2022Q1 ssb Financing Receivable Modifications Number Of Contracts Under Restructured Terms
FinancingReceivableModificationsNumberOfContractsUnderRestructuredTerms
18
CY2022Q1 ssb Financing Receivable Troubled Debt Restructuring Post Modification Amortized Cost Under Restructured Terms
FinancingReceivableTroubledDebtRestructuringPostModificationAmortizedCostUnderRestructuredTerms
4589000
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
301807000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
5490000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3167000
CY2022Q1 ssb Financing Receivable Allowance For Credit Losses Recovery Net Write Offs
FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs
2323000
CY2022Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-22003000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
300396000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
288316000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
8431000
CY2022Q1 ssb Financing Receivable Allowance For Credit Losses Total Quantitative Allowance
FinancingReceivableAllowanceForCreditLossesTotalQuantitativeAllowance
296747000
CY2022Q1 ssb Financing Receivable Qualitative Allowance For Credit Loss
FinancingReceivableQualitativeAllowanceForCreditLoss
3649000
CY2022Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
300396000
CY2020Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
457309000
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
3374000
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3395000
CY2021Q1 ssb Financing Receivable Allowance For Credit Losses Recovery Net Write Offs
FinancingReceivableAllowanceForCreditLossesRecoveryNetWriteOffs
-21000
CY2021Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
406460000
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
367890000
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
4395000
CY2021Q1 ssb Financing Receivable Allowance For Credit Losses Total Quantitative Allowance
FinancingReceivableAllowanceForCreditLossesTotalQuantitativeAllowance
372285000
CY2021Q1 ssb Financing Receivable Qualitative Allowance For Credit Loss
FinancingReceivableQualitativeAllowanceForCreditLoss
34175000
CY2021Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
406460000
CY2021Q4 us-gaap Other Real Estate Non Covered
OtherRealEstateNonCovered
12314000
CY2022Q1 us-gaap Other Real Estate Non Covered Additions
OtherRealEstateNonCoveredAdditions
2411000
CY2022Q1 us-gaap Other Real Estate Non Covered Valuation Adjustments
OtherRealEstateNonCoveredValuationAdjustments
195000
CY2022Q1 us-gaap Other Real Estate Non Covered Disposals
OtherRealEstateNonCoveredDisposals
4823000
CY2022Q1 us-gaap Other Real Estate Non Covered
OtherRealEstateNonCovered
9707000
CY2022Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15
CY2021Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
12
CY2022Q1 ssb Number Of Real Estate Properties Premises Held For Sale
NumberOfRealEstatePropertiesPremisesHeldForSale
8
CY2021Q4 ssb Number Of Real Estate Properties Premises Held For Sale
NumberOfRealEstatePropertiesPremisesHeldForSale
9
CY2022Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
4600000
CY2022Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
4600000
CY2022Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
118400000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
110300000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
125900000
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
115900000
CY2022Q1 us-gaap Lessee Operating Lease Existence Of Option To Extend
LesseeOperatingLeaseExistenceOfOptionToExtend
true
CY2022Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
117000
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
117000
CY2022Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
13000
CY2021Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
15000
CY2022Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4333000
CY2021Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
4343000
CY2022Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
143000
CY2021Q1 us-gaap Short Term Lease Cost
ShortTermLeaseCost
135000
CY2022Q1 us-gaap Variable Lease Cost
VariableLeaseCost
437000
CY2021Q1 us-gaap Variable Lease Cost
VariableLeaseCost
648000
CY2022Q1 us-gaap Lease Cost
LeaseCost
5043000
CY2022Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
108000
CY2021Q1 us-gaap Lease Cost
LeaseCost
5258000
CY2022Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
13000
CY2021Q1 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
15000
CY2021Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
106000
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4181000
CY2021Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
4140000
CY2022Q1 ssb Increase Decrease In Operating Cash Flow Change In Asset And Liability
IncreaseDecreaseInOperatingCashFlowChangeInAssetAndLiability
-3303000
CY2021Q1 ssb Increase Decrease In Operating Cash Flow Change In Asset And Liability
IncreaseDecreaseInOperatingCashFlowChangeInAssetAndLiability
-3220000
CY2022Q1 ssb Right Of Use Asset Obtained During Period
RightOfUseAssetObtainedDuringPeriod
12428000
CY2021Q1 ssb Right Of Use Asset Obtained During Period
RightOfUseAssetObtainedDuringPeriod
1298000
CY2022Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P6Y2M1D
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M28D
CY2022Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y5M19D
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P11Y3M18D
CY2022Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.017
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.017
CY2022Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.033
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
12844000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
16367000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
14987000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
13559000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
12997000
CY2022Q1 ssb Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
79262000
CY2022Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
150016000
CY2022Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
24097000
CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
125919000
CY2022Q1 ssb Lessee Operating Leases Liability Not Yet Commenced
LesseeOperatingLeasesLiabilityNotYetCommenced
0
CY2022Q1 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
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CY2021Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
11498840000
CY2022Q1 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
9275208000
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
9018987000
CY2022Q1 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
3479743000
CY2021Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
3350547000
CY2022Q1 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
9140005000
CY2021Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
8376380000
CY2022Q1 ssb Other Time Deposits
OtherTimeDeposits
2828542000
CY2021Q4 ssb Other Time Deposits
OtherTimeDeposits
2810075000
CY2022Q1 us-gaap Deposits
Deposits
38775830000
CY2021Q4 us-gaap Deposits
Deposits
35054829000
CY2022Q1 ssb Certificates Of Deposit250000 Or More
CertificatesOfDeposit250000OrMore
576500000
CY2021Q4 ssb Certificates Of Deposit250000 Or More
CertificatesOfDeposit250000OrMore
603200000
CY2022Q1 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
150100000
CY2021Q4 us-gaap Interest Bearing Domestic Deposit Brokered
InterestBearingDomesticDepositBrokered
325000000.0
CY2022Q1 ssb Defined Contribution Plan Employer Contribution Percent
DefinedContributionPlanEmployerContributionPercent
1
CY2022Q1 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4000000.0
CY2021Q1 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
4300000
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100329000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
146949000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71447000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71009000
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.40
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.07
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
100329000
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
146949000
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71447000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71009000
CY2022Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
664000
CY2021Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
475000
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72111000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71484000
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.39
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.06
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
57169
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
62235
CY2022Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
87.30
CY2022Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
91.35
CY2021Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
87.30
CY2021Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
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<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:12pt 0pt 0pt 0pt;"><b style="font-weight:bold;">Note 21 — Repurchase Agreements</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Securities sold under agreements to repurchase (“repurchase agreements”) represent funds received from customers, generally on an overnight or continuous basis, which are collateralized by investment securities owned or, at times, borrowed and re-hypothecated by the Company. Repurchase agreements are subject to terms and conditions of the </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;">master repurchase agreements between the Company and the client and are accounted for as secured borrowings. Repurchase agreements are included in federal funds purchased and securities sold under agreements to repurchase on the condensed consolidated balance sheets. </p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">At March 31, 2022 and December 31, 2021, our repurchase agreements totaled $426.6 million and $400.0<span style="white-space:pre-wrap;"> million, respectively. All of our repurchase agreements were overnight or continuous (until-further-notice) agreements at March 31, 2022 and December </span><span style="white-space:pre-wrap;">31, 2021. These borrowings were collateralized with government, government-sponsored enterprise, or state and political subdivision-issued securities with a carrying value of </span>$519.0 million and $471.3 million at March 31, 2022 and December <span style="white-space:pre-wrap;">31, 2021, respectively. Declines in the value of the collateral would require us to increase the amounts of securities pledged.</span></p>
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