For the quarter ending 2026-03-31, PGC has $7,698,965K in assets. $6,999,761K in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and due from banks | 9,220 | 8,712 | 8,514 | 7,524 |
| Interest-earning deposits | 244,194 | 179,108 | 338,672 | 308,078 |
| Total cash and cash equivalents | 253,414 | 187,820 | 347,186 | 315,602 |
| Securities available for sale | 710,046 | 774,203 | 756,578 | 767,533 |
| Securities held to maturity (fair value 70,837 at march 31, 2026 and 87,491 at december 31, 2025) | 79,478 | 95,862 | 97,414 | 98,623 |
| Cra equity security, at fair value | 13,375 | 13,459 | 13,403 | 13,278 |
| Fhlb and frb stock, at cost | 14,170 | 14,605 | 11,387 | 11,467 |
| Loans held for sale, at fair value | 0 | 450 | - | - |
| Loans held for sale, at lower of cost or fair value | 8,311 | 4,437 | 8,298 | 5,495 |
| Loans | 6,434,369 | 6,253,736 | 6,018,967 | 5,819,037 |
| Ending acl attributable to loans individually evaluated for impairment | 6,725 | 12,034 | 11,463 | - |
| Ending acl attributable to loans collectively evaluated for impairment | 60,301 | 59,005 | 57,179 | - |
| Less allowance for credit losses | 67,026 | 71,039 | 68,642 | 81,770 |
| Net loans | 6,367,343 | 6,182,697 | 5,950,325 | 5,737,267 |
| Premises and equipment | 39,322 | 39,164 | 37,756 | 36,626 |
| Accrued interest receivable | 33,115 | 31,971 | 34,120 | 33,209 |
| Bank owned life insurance | 47,896 | 47,761 | 48,381 | 48,239 |
| Goodwill | 36,212 | 36,212 | 36,212 | 36,212 |
| Other intangible assets | 7,383 | 7,627 | 7,899 | 8,171 |
| Finance lease right-of-use assets | 809 | 844 | 879 | 914 |
| Operating lease right-of-use assets | 38,079 | 39,886 | 37,692 | 38,291 |
| Deferred tax assets, net | 0 | 772 | 12,532 | 14,150 |
| Other assets | 50,012 | 48,639 | 39,580 | 35,596 |
| Total assets | 7,698,965 | 7,526,409 | 7,439,642 | 7,200,673 |
| Noninterest-bearing demand deposits | 1,544,515 | 1,428,745 | 1,323,492 | 1,237,864 |
| Checking | 3,533,203 | 3,448,497 | 3,509,403 | 3,483,295 |
| Savings | 114,955 | 105,123 | 104,524 | 103,846 |
| Money market accounts | 1,222,405 | 1,197,995 | 1,226,506 | 1,095,665 |
| Certificates of deposit - retail | 411,688 | 408,219 | 397,338 | 440,612 |
| Certificates of deposit - listing service | 0 | 400 | 899 | 1,841 |
| Subtotal deposits | - | 6,588,979 | 6,562,162 | 6,363,123 |
| Interest-bearing demand - brokered | - | - | - | 0 |
| Total deposits | 6,826,766 | 6,588,979 | 6,562,162 | 6,363,123 |
| Short-term borrowings | 63,830 | 73,267 | - | - |
| Finance lease liabilities | 1,145 | 1,186 | 1,227 | 1,268 |
| Operating lease liabilities | 41,458 | 43,294 | 41,139 | 41,806 |
| Subordinated debt, net | 0 | 99,030 | 98,981 | 98,933 |
| Due to brokers | - | - | 25,125 | - |
| Deferred tax liabilities, net | 6,091 | - | - | - |
| Accrued expenses and other liabilities | 60,471 | 62,447 | 68,458 | 65,766 |
| Total liabilities | 6,999,761 | 6,868,203 | 6,797,092 | 6,570,896 |
| Preferred stock (no par value authorized 500,000 shares issued 30,000 shares liquidation preference of 1,000 per share) | 30,000 | - | - | 0 |
| Common stock (no par value stated value 0.83 per share authorized 42,000,000 shares issued shares, 21,857,567 at march 31, 2026 and 21,707,259 at december 31, 2025 outstanding shares, 17,708,32 at march 31, 2026 and 17,558,019 at december 31, 2025) | 18,221 | 18,096 | 18,088 | 18,078 |
| Surplus | 352,934 | 353,267 | 351,821 | 350,246 |
| Treasury stock at cost (4,149,240 shares at march 31, 2026 and 4,149,240 shares at december 31, 2025) | 122,953 | 122,953 | 122,953 | 120,287 |
| Retained earnings | 470,631 | 457,357 | 446,075 | 437,321 |
| Accumulated other comprehensive loss, net of income tax | -49,629 | -47,561 | -50,481 | -55,581 |
| Total shareholders equity | 699,204 | 658,206 | 642,550 | 629,777 |
| Total liabilities & shareholders equity | 7,698,965 | 7,526,409 | 7,439,642 | 7,200,673 |
PEAPACK GLADSTONE FINANCIAL CORP (PGC)
PEAPACK GLADSTONE FINANCIAL CORP (PGC)