XML 21 R48.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Quarterly Financial Information of Center Bancorp, Inc. (Unaudited) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract] |
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 |

X
- Details
Name: | us-gaap_QuarterlyFinancialInformationDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the quarterly financial data in the annual financial statements. The disclosure includes financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: 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 + Details
Name: | us-gaap_ScheduleOfQuarterlyFinancialInformationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration