For the quarter ending 2025-09-30, PGC has $7,439,642K in assets. $6,797,092K in debts.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and due from banks | 8,514 | 7,524 | ||
| Interest-earning deposits | 338,672 | 308,078 | ||
| Total cash and cash equivalents | 347,186 | 315,602 | ||
| Securities available for sale | 756,578 | 767,533 | ||
| Securities held to maturity (fair value 88,259 at september 30, 2025 and 88,650 at december 31, 2024) | 97,414 | 98,623 | ||
| Cra equity security, at fair value | 13,403 | 13,278 | ||
| Fhlb and frb stock, at cost | 11,387 | 11,467 | ||
| Loans held for sale, at lower of cost or fair value | 8,298 | 5,495 | ||
| Loans | 6,018,967 | 5,819,037 | ||
| Ending acl attributable to loans individually evaluated for impairment | 11,463 | - | ||
| Ending acl attributable to loans collectively evaluated for impairment | 57,179 | - | ||
| Less allowance for credit losses | 68,642 | 81,770 | ||
| Net loans | 5,950,325 | 5,737,267 | ||
| Premises and equipment | 37,756 | 36,626 | ||
| Accrued interest receivable | 34,120 | 33,209 | ||
| Bank owned life insurance | 48,381 | 48,239 | ||
| Goodwill | 36,212 | 36,212 | ||
| Other intangible assets | 7,899 | 8,171 | ||
| Finance lease right-of-use assets | 879 | 914 | ||
| Operating lease right-of-use assets | 37,692 | 38,291 | ||
| Deferred tax assets, net | 12,532 | 14,150 | ||
| Other assets | 39,580 | 35,596 | ||
| Total assets | 7,439,642 | 7,200,673 | ||
| Noninterest-bearing demand deposits | 1,323,492 | 1,237,864 | ||
| Checking | 3,509,403 | 3,483,295 | ||
| Savings | 104,524 | 103,846 | ||
| Money market accounts | 1,226,506 | 1,095,665 | ||
| Certificates of deposit - retail | 397,338 | 440,612 | ||
| Certificates of deposit - listing service | 899 | 1,841 | ||
| Subtotal deposits | 6,562,162 | 6,363,123 | ||
| Interest-bearing demand - brokered | - | 0 | ||
| Total deposits | 6,562,162 | 6,363,123 | ||
| Finance lease liabilities | 1,227 | 1,268 | ||
| Operating lease liabilities | 41,139 | 41,806 | ||
| Subordinated debt, net | 98,981 | 98,933 | ||
| Due to brokers | 25,125 | - | ||
| Accrued expenses and other liabilities | 68,458 | 65,766 | ||
| Preferred stock (no par value authorized 500,000 shares liquidation preference of 1,000 per share) | - | 0 | ||
| Total liabilities | 6,797,092 | 6,570,896 | ||
| Common stock (no par value stated value 0.83 per share authorized 42,000,000 shares issued shares, 21,697,711 at september 30, 2025 and 21,535,856 at december 31, 2024 outstanding shares, 17,548,471 at september 30, 2025 and 17,586,616 at december 31, 2024) | 18,088 | 18,078 | ||
| Surplus | 351,821 | 350,246 | ||
| Treasury stock at cost (4,149,240 shares at september 30, 2025 and 3,949,240 shares at december 31, 2024) | 122,953 | 120,287 | ||
| Retained earnings | 446,075 | 437,321 | ||
| Accumulated other comprehensive loss, net of income tax | -50,481 | -55,581 | ||
| Total shareholders equity | 642,550 | 629,777 | ||
| Total liabilities & shareholders equity | 7,439,642 | 7,200,673 | ||
PEAPACK GLADSTONE FINANCIAL CORP (PGC)
PEAPACK GLADSTONE FINANCIAL CORP (PGC)