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Quarterly Financial Information of Center Bancorp, Inc. (Unaudited) | 12 Months Ended
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Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information of Center Bancorp, Inc. (Unaudited) | Note 21 — Quarterly Financial Information of Center Bancorp, Inc. (Unaudited)
|  | 2013 |
|  | 4th Quarter |  | 3rd Quarter |  | 2nd Quarter |  | 1st Quarter |
|  | (Dollars in Thousands, Except per Share Data) |
Total interest income |  | $ | 14,644 |  | $ | 14,541 |  | $ | 13,979 |  | $ | 14,104 |
Total interest expense |  |  | 2,778 |  |  | 2,819 |  |  | 2,751 |  |  | 2,734 |
Net interest income |  |  | 11,866 |  |  | 11,722 |  |  | 11,228 |  |  | 11,370 |
Provision for loan losses |  |  | 350 |  |  | — |  |  | — |  |  | — |
Total other income, net of securities gains |  |  | 1,307 |  |  | 1,200 |  |  | 1,107 |  |  | 1,526 |
Net securities gains |  |  | 449 |  |  | 343 |  |  | 600 |  |  | 319 |
Other expense |  |  | 6,459 |  |  | 6,205 |  |  | 6,076 |  |  | 6,538 |
Income before income taxes |  |  | 6,813 |  |  | 7,060 |  |  | 6,859 |  |  | 6,677 |
Provision from income taxes |  |  | 1,829 |  |  | 1,966 |  |  | 1,936 |  |  | 1,753 |
Net income |  | $ | 4,984 |  | $ | 5,094 |  | $ | 4,923 |  | $ | 4,924 |
Net income available to common stockholders |  | $ | 4,955 |  | $ | 5,066 |  | $ | 4,895 |  | $ | 4,868 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.30 |  | $ | 0.31 |  | $ | 0.30 |  | $ | 0.30 |
Diluted |  | $ | 0.30 |  | $ | 0.31 |  | $ | 0.30 |  | $ | 0.30 |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 16,350,183 |  |  | 16,349,480 |  |  | 16,348,915 |  |  | 16,348,215 |
Diluted |  |  | 16,396,931 |  |  | 16,385,155 |  |  | 16,375,774 |  |  | 16,373,588 |
|  | 2012 |
|  | 4th Quarter |  | 3rd Quarter |  | 2nd Quarter |  | 1st Quarter |
|  | (Dollars in Thousands, Except per Share Data) |
Total interest income |  | $ | 14,263 |  | $ | 14,118 |  | $ | 13,496 |  | $ | 13,395 |
Total interest expense |  |  | 2,841 |  |  | 2,935 |  |  | 2,950 |  |  | 3,050 |
Net interest income |  |  | 11,422 |  |  | 11,183 |  |  | 10,546 |  |  | 10,345 |
Provision for loan losses |  |  | 100 |  |  | 225 |  |  | (107) |  |  | 107 |
Total other income, net of securities gains |  |  | 1,217 |  |  | 1,872 |  |  | 1,091 |  |  | 1,018 |
Net securities (losses) gains |  |  | (201) |  |  | 763 |  |  | 513 |  |  | 937 |
Other expense |  |  | 6,193 |  |  | 7,507 |  |  | 5,690 |  |  | 5,807 |
Income before income taxes |  |  | 6,145 |  |  | 6,086 |  |  | 6,567 |  |  | 6,386 |
Provision from income taxes |  |  | 1,676 |  |  | 1,632 |  |  | 2,214 |  |  | 2,155 |
Net income |  | $ | 4,469 |  | $ | 4,454 |  | $ | 4,353 |  | $ | 4,231 |
Net income available to common stockholders |  | $ | 4,441 |  | $ | 4,426 |  | $ | 4,269 |  | $ | 4,090 |
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 0.27 |  | $ | 0.27 |  | $ | 0.26 |  | $ | 0.25 |
Diluted |  | $ | 0.27 |  | $ | 0.27 |  | $ | 0.26 |  | $ | 0.25 |
Weighted average common shares outstanding: |  |  |  |  |  |  |  |  |  |  |  |  |
Basic |  |  | 16,347,564 |  |  | 16,347,088 |  |  | 16,333,653 |  |  | 16,332,327 |
Diluted |  |  | 16,363,698 |  |  | 16,362,635 |  |  | 16,341,767 |  |  | 16,338,162 |

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- Definition The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=25249566&loc=d3e1280-108306 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 6 -Section G -Subsection 1 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 302 -Paragraph a + Details
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