2013 Q4 Form 10-Q Financial Statement

#000119312513435322 Filed on November 08, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $27.46M $27.54M $27.47M
YoY Change 5.05% 0.26%
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 $1.400M $1.300M $1.200M
YoY Change 27.27% 8.33% 50.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.123M $1.169M $1.834M
YoY Change -18.15% -36.26%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $8.642M $12.27M $8.636M
YoY Change 6.27% 42.09% -19.96%
Income Tax $3.406M $4.910M $3.616M
% Of Pretax Income 39.41% 40.01% 41.87%
Net Earnings $5.236M $7.361M $5.020M
YoY Change 10.89% 46.63% -22.41%
Net Earnings / Revenue 19.07% 26.73% 18.28%
Basic Earnings Per Share $0.46 $0.31
Diluted Earnings Per Share $0.32 $0.45 $0.31
COMMON SHARES
Basic Shares Outstanding 16.08M shares 16.07M shares 15.99M shares
Diluted Shares Outstanding 16.23M shares 16.05M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $598.4M $541.2M $622.5M
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 $31.61M $31.25M $24.10M
YoY Change 17.15% 29.65% 22.34%
Goodwill $15.52M $15.52M
YoY Change 0.0%
Intangibles $883.0K $935.0K
YoY Change -19.14%
Long-Term Investments
YoY Change
Other Assets $26.80M $29.00M $27.00M
YoY Change -7.27% 7.41% 3.45%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.744B $2.632B $2.516B
YoY Change 5.17% 4.64% 1.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $900.0K $900.0K $1.100M
YoY Change -10.0% -18.18% -38.89%
Accrued Expenses $2.100M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $6.300M $14.60M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $900.0K $900.0K $3.200M
YoY Change -10.0% -71.88% 77.78%
LONG-TERM LIABILITIES
Long-Term Debt $41.20M $41.20M $50.50M
YoY Change -18.25% -18.42% -59.34%
Other Long-Term Liabilities $7.097M $6.283M $32.90M
YoY Change 14.23% -80.9% 4.78%
Total Long-Term Liabilities $7.097M $6.283M $83.40M
YoY Change 14.23% -92.47% -46.4%
TOTAL LIABILITIES
Total Short-Term Liabilities $900.0K $900.0K $3.200M
Total Long-Term Liabilities $7.097M $6.283M $83.40M
Total Liabilities $2.493B $2.387B $2.288B
YoY Change 4.76% 4.3% 0.47%
SHAREHOLDERS EQUITY
Retained Earnings $159.7M $156.3M
YoY Change 12.77%
Common Stock $89.36M $89.05M
YoY Change 4.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $250.9M $245.5M $227.2M
YoY Change
Total Liabilities & Shareholders Equity $2.744B $2.632B $2.516B
YoY Change 5.17% 4.64% 1.08%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $5.236M $7.361M $5.020M
YoY Change 10.89% 46.63% -22.41%
Depreciation, Depletion And Amortization $1.400M $1.300M $1.200M
YoY Change 27.27% 8.33% 50.0%
Cash From Operating Activities $7.500M $16.00M -$500.0K
YoY Change -64.79% -3300.0% -109.26%
INVESTING ACTIVITIES
Capital Expenditures -$1.500M -$1.100M -$2.400M
YoY Change -59.46% -54.17% 1100.0%
Acquisitions
YoY Change
Other Investing Activities -$55.80M -$99.10M -$1.600M
YoY Change -352.49% 6093.75% -101.93%
Cash From Investing Activities -$57.40M -$100.1M -$3.900M
YoY Change -411.96% 2466.67% -104.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 107.1M 33.10M -17.20M
YoY Change 23.53% -292.44% -139.27%
NET CHANGE
Cash From Operating Activities 7.500M 16.00M -500.0K
Cash From Investing Activities -57.40M -100.1M -3.900M
Cash From Financing Activities 107.1M 33.10M -17.20M
Net Change In Cash 57.20M -51.00M -21.60M
YoY Change -54.75% 136.11% -116.41%
FREE CASH FLOW
Cash From Operating Activities $7.500M $16.00M -$500.0K
Capital Expenditures -$1.500M -$1.100M -$2.400M
Free Cash Flow $9.000M $17.10M $1.900M
YoY Change -64.0% 800.0% -66.07%

Facts In Submission

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4320000
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198000
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198000
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198000
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5134000
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1393935 shares
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2368000
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1283000
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26985000
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1600000
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522000
CY2012Q4 tcbk Joint Beneficiary Agreements
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2736000
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3615000
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1564823000
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1522935000
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1607331000
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FurnitureAndEquipment
25877000
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33054000
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23090000
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522000
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4552000
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9197000
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158285000
CY2012Q4 tcbk Cash At Federal Reserve And Other Banks
CashAtFederalReserveAndOtherBanks
667813000
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DiscountsToPrincipalBalanceOfLoansOwedNetOfChargeOffs
-39696000
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22795000
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8434000
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0 Securities
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339000
dei Trading Symbol
TradingSymbol
TCBK
dei Entity Registrant Name
EntityRegistrantName
TRICO BANCSHARES /
dei Amendment Flag
AmendmentFlag
false
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Entity Central Index Key
EntityCentralIndexKey
0000356171
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
us-gaap Number Of Operating Segments
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1 Segment
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1.37
us-gaap Fair Value Inputs Discount Rate
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0.100 pure
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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16152000 shares
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15
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0.350 pure
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24.23
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1.38
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0.404 pure
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19.31
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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0.004 pure
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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117000 shares
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33632000
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13.03
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144500 shares
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.91
us-gaap Weighted Average Number Of Shares Outstanding Basic
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16035000 shares
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P5Y7M6D
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P3Y2M12D
us-gaap Stock Issued During Period Shares Stock Options Exercised
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us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>Reclassifications</b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> Certain amounts reported in previous consolidated financial statements have been reclassified to conform to the presentation in this report. These reclassifications did not affect previously reported net income or total shareholders&#x2019; equity.</p> </div>
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.067 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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8000 shares
us-gaap Financing Receivable Modifications Number Of Contracts2
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30
us-gaap Common Stock Dividends Per Share Cash Paid
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0.31
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us-gaap Use Of Estimates
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<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>Use of Estimates in the Preparation of Financial Statements</b></p> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires Management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. On an on-going basis, the Company evaluates its estimates, including those related to the adequacy of the allowance for loan losses, investments, intangible assets, income taxes and contingencies. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. The allowance for loan losses, indemnification asset, foreclosed assets, goodwill and other intangible assets, income taxes, fair value of assets acquired and liabilities assumed in business combinations, the valuation of securities available-for-sale, and the valuation of mortgage servicing rights are the only accounting estimates that materially affect the Company&#x2019;s consolidated financial statements.</p> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> As described in Note 2, the Bank assumed the banking operations of two failed financial institutions from the FDIC under whole bank purchase agreements. The acquired assets and assumed liabilities were measured at estimated fair value values under the acquisition method of accounting. The Company made significant estimates and exercised significant judgment in accounting for the acquisitions. The Company determined loan fair values based on loan file reviews, loan risk ratings, appraised collateral values, expected cash flows and historical loss factors. Foreclosed assets were primarily valued based on appraised values of the repossessed loan collateral. An identifiable intangible was also recorded representing the fair value of the core deposit customer base based on an evaluation of the cost of such deposits relative to alternative funding sources. The fair value of time deposits and borrowings were determined based on the present value of estimated future cash flows using current rates as of the acquisition date.</p> </div>
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411000
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OtherRealEstateDisposals
10773000
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620000
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75525000
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10192000
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9770000
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311000
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6240000
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4022000
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356000
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356000
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37162000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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3282000
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257000
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79098000
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2860000
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4967000
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19284000
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273000
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501000
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4936000
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4847000
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73078000
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22163000
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1280000
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423000
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2431000
us-gaap Loans And Leases Receivable Related Parties Collections
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1071000
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6771000
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1318000
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3609000
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68726000
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633000
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39986000
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2489000
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3542000
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22000
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706000
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4168000
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136421000
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3229000
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887000
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30014000
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3036000
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4976000
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ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
356000
tcbk Initial Exercise Price Of Rights
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49.00
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
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AmortizationOfIntangibleAssets
157000
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5337000
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1885000
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
115000
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1373000
us-gaap Stock Repurchased During Period Value
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3490000
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5429000
us-gaap Cash And Cash Equivalents Period Increase Decrease
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-207749000
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
1629000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
12252000
us-gaap Provision For Loan Losses Expensed
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-887000
us-gaap Interest Expense
InterestExpense
3573000
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9389000
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-1471000
us-gaap Interest Expense Other Long Term Debt
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3000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
482000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-245549000
us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
2076000
us-gaap Legal Fees
LegalFees
339000
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
5703000
us-gaap Increase Decrease In Other Operating Liabilities
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3408000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
251000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-887000
us-gaap Interest Expense Junior Subordinated Debentures
InterestExpenseJuniorSubordinatedDebentures
936000
us-gaap Pension Expense
PensionExpense
411000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2634000
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3257000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
38712000
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
557000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
43768000
us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
277000
us-gaap Increase Decrease In Life Insurance Liabilities
IncreaseDecreaseInLifeInsuranceLiabilities
1337000
us-gaap Advertising Expense
AdvertisingExpense
1232000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-99000
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
0
us-gaap Defined Benefit Plan Amortization Of Net Transition Asset Obligation
DefinedBenefitPlanAmortizationOfNetTransitionAssetObligation
1000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14999000
tcbk Loss Gain On Sale Of Foreclosed Assets
LossGainOnSaleOfForeclosedAssets
1479000
tcbk Current And Former Employees And Directors Covered
CurrentAndFormerEmployeesAndDirectorsCovered
36 Employees
tcbk Portion Of Market Value To Acquire Common Stock Or Shares
PortionOfMarketValueToAcquireCommonStockOrShares
One-half of market value
tcbk Other Operating Expenses
OtherOperatingExpenses
7385000
tcbk Number Of Policies Owned
NumberOfPoliciesOwned
133 Policies
tcbk Date Of Entering Shareholder Rights Plan
DateOfEnteringShareholderRightsPlan
2001-06-25
tcbk Loans Transferred To Other Real Estate Owned
LoansTransferredToOtherRealEstateOwned
8035000
tcbk Communications
Communications
1741000
tcbk Base Salaries Net Of Deferred Loan Origination Costs
BaseSalariesNetOfDeferredLoanOriginationCosts
25572000
tcbk Provision For Losses On Foreclosed Assets
ProvisionForLossesOnForeclosedAssets
620000
tcbk Commitment Expiration Date
CommitmentExpirationDate
One year or less or other termination clauses and may require payment of a fee.
tcbk Financial Impact Due To Troubled Debt Restructure Additional Provision
FinancialImpactDueToTroubledDebtRestructureAdditionalProvision
485000
tcbk Network Charges
NetworkCharges
1801000
tcbk Percentage Of Restriction On Acquiring Outstanding Common Stock By Person Or Group
PercentageOfRestrictionOnAcquiringOutstandingCommonStockByPersonOrGroup
0.15 pure
tcbk Fdic Indemnification Assets Reimbursable Expenses Revenue
FdicIndemnificationAssetsReimbursableExpensesRevenue
-42000
tcbk Nonaccrual Status Loans Contractual Past Due
NonaccrualStatusLoansContractualPastDue
P90D
tcbk Extended Maturity Date Of Rights Plan
ExtendedMaturityDateOfRightsPlan
2001-07-10
tcbk Change In Indemnification Asset
ChangeInIndemnificationAsset
-876000
tcbk Stock Option Vesting
StockOptionVesting
849000
tcbk Number Of Sites Leased Under Non Cancelable Operating Leases
NumberOfSitesLeasedUnderNonCancelableOperatingLeases
48 site
tcbk Change In Market Value Of Mortgage Servicing Rights
ChangeInMarketValueOfMortgageServicingRights
-311000
tcbk Increase In Cash Value Of Life Insurance
IncreaseInCashValueOfLifeInsurance
1337000
tcbk Assessments
Assessments
1721000
tcbk Life Of Mortgage Backed Securities
LifeOfMortgageBackedSecurities
P5Y7M6D
tcbk Ending Valuation Allowance
EndingValuationAllowance
927000
tcbk Additions Transfers From Loans Related To Foreclosed Assets
AdditionsTransfersFromLoansRelatedToForeclosedAssets
8035000
tcbk Insurance Companies Used
InsuranceCompaniesUsed
6 Company
tcbk Sale Of Customer Checks
SaleOfCustomerChecks
280000
tcbk Maximum Period Of Accrued Interest On Loan Under Agreement
MaximumPeriodOfAccruedInterestOnLoanUnderAgreement
P90D
tcbk Operational Losses
OperationalLosses
376000
tcbk Incentive Compensation Expense
IncentiveCompensationExpense
3751000
tcbk Certificate Of Deposit Included In Time Certificates
CertificateOfDepositIncludedInTimeCertificates
100000
tcbk Financial Impact Due To Troubled Debt Restructure Charge Offs Or Additional Provision
FinancialImpactDueToTroubledDebtRestructureChargeOffsOrAdditionalProvision
9000
tcbk Loss From Nonrecurring Fair Value Adjustments
LossFromNonrecurringFairValueAdjustments
3367000
tcbk Foreclosed Assets Expense
ForeclosedAssetsExpense
310000
tcbk Recorded Investment Of Tdrs Defaulted During Period
RecordedInvestmentOfTdrsDefaultedDuringPeriod
3256000
tcbk Commissions On Sale Of Non Deposit Investment Products
CommissionsOnSaleOfNonDepositInvestmentProducts
2294000
tcbk Investment Securities Sold
InvestmentSecuritiesSold
0 Investmentsecurities
tcbk Tdr Loans Payment Period In Non Accrual Status
TdrLoansPaymentPeriodInNonAccrualStatus
P6M
tcbk Ending Number Of Foreclosed Assets
EndingNumberOfForeclosedAssets
31 Assets
tcbk Redemption Purchase Of Restricted Equity Securities Net
RedemptionPurchaseOfRestrictedEquitySecuritiesNet
484000
tcbk Market Value Of Shares Tendered By Employees In Lieu Of Cash To Pay For Exercise Of Options And Or Related Taxes
MarketValueOfSharesTenderedByEmployeesInLieuOfCashToPayForExerciseOfOptionsAndOrRelatedTaxes
3490000
tcbk Operating Interest Income Other
OperatingInterestIncomeOther
166000
tcbk Provision For Losses Unfunded Commitments
ProvisionForLossesUnfundedCommitments
740000
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.009 pure
tcbk Increase In Cash Value Of Life Insurance Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities
IncreaseInCashValueOfLifeInsuranceAdjustmentsToReconcileNetIncomeToNetCashProvidedByOperatingActivities
1337000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.400 pure
us-gaap Fdic Indemnification Asset Period Increase Decrease
FDICIndemnificationAssetPeriodIncreaseDecrease
241000
tcbk End Of Period Death Benefit
EndOfPeriodDeathBenefit
95206000
tcbk Stock Option Vesting Expense
StockOptionVestingExpense
849000
tcbk Amendment Date Of Rights Plan
AmendmentDateOfRightsPlan
2001-07-08
tcbk Unrealized Gain Loss On Securities Available For Sale
UnrealizedGainLossOnSecuritiesAvailableForSale
-3498000
tcbk Courier Service
CourierService
639000
tcbk Number Of Subsidiary Business Trust
NumberOfSubsidiaryBusinessTrust
2 Trust
tcbk Loan Charged Off Carrying Value
LoanChargedOffCarryingValue
0
tcbk Financing Receivable Modification Pre Modification Recorded Investment
FinancingReceivableModificationPreModificationRecordedInvestment
6902000
tcbk Financing Receivable Modification Post Modification Recorded Investment
FinancingReceivableModificationPostModificationRecordedInvestment
6915000
tcbk Number Of Categories Occupied Under Commercial Real Estate Loan
NumberOfCategoriesOccupiedUnderCommercialRealEstateLoan
2 Category
tcbk Letter Of Credit Issue Period
LetterOfCreditIssuePeriod
One year or less
tcbk Overdraft Privilege Receivable Criteria
OverdraftPrivilegeReceivableCriteria
All holders of such accounts who bring their accounts to a positive balance at least once every thirty days receive the overdraft privilege.
tcbk Impaired Originated And Purchased Not Credit Impaired Loans
ImpairedOriginatedAndPurchasedNotCreditImpairedLoans
2836000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
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FairValueInputsDiscountRate
0.100 pure
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16050000 shares
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
19
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 pure
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Life Insurance
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseLifeInsurance
-0.020 pure
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
61000 shares
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
30762000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
15989000 shares
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.066 pure
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
35
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.27
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
967000 shares
us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
-0.005 pure
us-gaap Fair Value Inputs Prepayment Rate
FairValueInputsPrepaymentRate
0.209 pure
us-gaap Pension Contributions
PensionContributions
366000
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OtherRealEstateDisposals
10917000
us-gaap Other Real Estate Valuation Adjustments
OtherRealEstateValuationAdjustments
1520000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
76601000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
68702000
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NoninterestIncomeOther
10079000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14096000
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FeesAndCommissionsDepositorAccounts
10788000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
13815000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
4317000
us-gaap Fdic Indemnification Asset Cash Payments Received
FDICIndemnificationAssetCashPaymentsReceived
2173000
us-gaap Insured Event Gain Loss
InsuredEventGainLoss
600000
us-gaap Fees And Commissions Credit And Debit Cards
FeesAndCommissionsCreditAndDebitCards
5722000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
4790000
us-gaap Contractually Specified Servicing Fees Late Fees And Ancillary Fees Earned In Exchange For Servicing Financial Assets
ContractuallySpecifiedServicingFeesLateFeesAndAncillaryFeesEarnedInExchangeForServicingFinancialAssets
1140000
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
204000
us-gaap Income Taxes Paid
IncomeTaxesPaid
7320000
us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
21000
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
21000
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
364000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-176000
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
2811000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
162082000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-304000
us-gaap Revenue Other Financial Services
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1740000
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GainLossOnDispositionOfAssets
-404000
us-gaap Interest Paid
InterestPaid
6507000
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-216000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
326000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
23799000
us-gaap Interest And Dividend Income Operating
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82573000
us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldAccretion
5921000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
76251000
us-gaap Net Income Loss
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14272000
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-907000
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FeesAndCommissionsMortgageBankingAndServicing
1154000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1948000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
323000
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OtherComprehensiveIncomeLossNetOfTax
-176000
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4317000
us-gaap Fees And Commissions
FeesAndCommissions
17890000
us-gaap Brokerage Commissions Revenue
BrokerageCommissionsRevenue
228000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
48000
us-gaap Dividend Income Operating
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39000
us-gaap Noninterest Income
NoninterestIncome
27969000
us-gaap Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield Reclassifications To Nonaccretable Difference
CertainLoansAcquiredInTransferAccountedForAsDebtSecuritiesAccretableYieldReclassificationsToNonaccretableDifference
4857000
us-gaap Payments To Acquire Property Plant And Equipment
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7077000
us-gaap Interest Income Federal Funds Sold And Securities Purchased Under Agreements To Resell
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1170000
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-176000
us-gaap Stock Option Plan Expense
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800000
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11103000
us-gaap Noninterest Expense
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72872000
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704000
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40098000
us-gaap Depreciation Nonproduction
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2450000
us-gaap Information Technology And Data Processing
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3589000
us-gaap Proceeds From Life Insurance Policies
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1611000
us-gaap Net Cash Provided By Used In Financing Activities
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-56362000
us-gaap Proceeds From Sale Of Loans Held For Sale
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160286000
us-gaap Depreciation Amortization And Accretion Net
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3221000
us-gaap Provision For Loan And Lease Losses
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35258000
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3381000
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4317000
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1357000
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48000
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-14781000
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11281000
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7899000
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5972000
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8869000
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-128000
us-gaap Interest Expense Other Long Term Debt
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1602000
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33000
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515000
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10819000
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LegalFees
2090000
us-gaap Allowance For Loan And Lease Losses Write Offs
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12478000
us-gaap Increase Decrease In Other Operating Liabilities
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9563000
us-gaap Proceeds From Stock Options Exercised
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156000
us-gaap Provision For Loan Lease And Other Losses
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7899000
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51000
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1003000
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366000
us-gaap Interest Expense Deposits
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3367000
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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21000
us-gaap Amortization Of Intangible Assets
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157000
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5424000
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1946000
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
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115000
us-gaap Lease And Rental Expense
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3205000
us-gaap Labor And Related Expense
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37614000
us-gaap Defined Benefit Plan Service Cost
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510000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
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58395000
us-gaap Increase Decrease In Life Insurance Liabilities
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1350000
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2071000
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-535000
us-gaap Income Tax Expense Benefit
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9527000
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364000
tcbk Current And Former Employees And Directors Covered
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37 Employees
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1000
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963000
tcbk End Of Period Death Benefit
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95132000
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7251000
tcbk Number Of Policies Owned
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136 Policies
tcbk Death Benefit
DeathBenefit
1611000
tcbk Loans Transferred To Other Real Estate Owned
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5816000
tcbk Communications
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1675000
tcbk Base Salaries Net Of Deferred Loan Origination Costs
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24769000
tcbk Financial Impact Due To Troubled Debt Restructure Additional Provision
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419000
tcbk Provision For Losses On Foreclosed Assets
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1520000
tcbk Network Charges
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1628000
tcbk Fdic Indemnification Assets Reimbursable Expenses Revenue
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12000
tcbk Change In Indemnification Asset
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215000
tcbk Change In Market Value Of Mortgage Servicing Rights
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1513000
tcbk Increase In Cash Value Of Life Insurance
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1350000
tcbk Assessments
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1786000
tcbk Ending Valuation Allowance
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2231000
tcbk Additions Transfers From Loans Related To Foreclosed Assets
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6290000
tcbk Insurance Companies Used
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6 Company
tcbk Sale Of Customer Checks
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256000
tcbk Operational Losses
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430000
tcbk Incentive Compensation Expense
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3976000
tcbk Foreclosed Assets Expense
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1076000
tcbk Recorded Investment Of Tdrs Defaulted During Period
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6381000
tcbk Financial Impact Due To Troubled Debt Restructure Charge Offs Or Additional Provision
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36000
tcbk Loss From Nonrecurring Fair Value Adjustments
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2837000
tcbk Commissions On Sale Of Non Deposit Investment Products
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2464000
tcbk Ending Number Of Foreclosed Assets
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50 Assets
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48000
tcbk Operating Interest Income Other
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740000
tcbk Provision For Losses Unfunded Commitments
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185000
tcbk Stock Option Vesting Expense
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800000
tcbk Improvement Of Foreclosed Assets
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474000
tcbk Unrealized Gain Loss On Securities Available For Sale
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-304000
tcbk Courier Service
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715000
tcbk Increase In Cash Value Of Life Insurance Adjustments To Reconcile Net Income To Net Cash Provided By Operating Activities
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1350000
tcbk Financing Receivable Modification Pre Modification Recorded Investment
FinancingReceivableModificationPreModificationRecordedInvestment
6293000
tcbk Financing Receivable Modification Post Modification Recorded Investment
FinancingReceivableModificationPostModificationRecordedInvestment
6359000
tcbk Impaired Originated And Purchased Not Credit Impaired Loans
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1317000
CY2012Q3 us-gaap Loss Contingency Loss In Period
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2090000
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2013-05-07
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3795000
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4887000
CY2012 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss
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8434000
CY2012 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
3547000
CY2012 us-gaap Loans And Leases Receivable Related Parties Collections
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964000
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-9423000
CY2012 us-gaap Allowance For Loan And Lease Losses Write Offs
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16484000
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25677000
CY2012 us-gaap Loans And Leases Receivable Related Parties Additions
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1568000
CY2012 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
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0
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100000
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0 Investmentsecurities
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0.53
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
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0.09
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24569000
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14294000
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25806000
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8477000
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10218000
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21601000
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1237000
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5817000
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22542000
CY2013Q1 tcbk Discount Accretion Purchased Credit Impaired Cash Basis
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167000
CY2013Q1 tcbk Loan Interest Income
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24072000
CY2013Q1 tcbk Discount Accretion Purchased Non Credit Impaired
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766000
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597000
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1734000
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Greater of fifteen percent or actual estimated selling costs
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0.25
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25036000
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21040000
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6390000
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27164000
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3931000
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3996000
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2128000
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2459000
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22849000
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18000
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24929000
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1286000
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776000
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2235000
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10597000
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108000
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23407000
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22563000
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8773000
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27944000
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3371000
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2010000
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3452000
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25792000
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1391000
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886000
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2152000
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0.39
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0.11
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24589000
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23975000
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23509000
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614000
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1167000
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4272000
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22207000
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129000
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23883000
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815000
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732000
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1873000
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0.31
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0.09
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0.419 pure
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-87000
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59000 shares
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15993000 shares
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0.069 pure
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10
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992000 shares
CY2012Q3 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
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-0.004 pure
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106000
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433000
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25631000
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25099000
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3344000
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5118000
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3617000
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1476000
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1877000
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1443000
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389000
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98000
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1133000
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168000
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567000
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8636000
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27465000
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2037000
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25530000
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5020000
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403000
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661000
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108000
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98000
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1430000
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5783000
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80000
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12000
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9127000
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2385000
CY2012Q3 us-gaap Interest Income Federal Funds Sold And Securities Purchased Under Agreements To Resell
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372000
CY2012Q3 us-gaap Provision For Loan And Lease Losses
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52000
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1851000
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832000
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8337000
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312000
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98000
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25590000
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230000
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820000
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1017000
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38000
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1054000
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12362000
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2513000
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553000
CY2012Q3 us-gaap Allowance For Loan And Lease Losses Write Offs
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3368000
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17000
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13228000
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1138000
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333000
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106000
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1106000
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452000
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532000
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1834000
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2771000
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70000
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395000
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172000
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2090000
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170000
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710000
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3616000
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419000
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23723000
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433000
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529000
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24000
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25530000
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-94000
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