XML 70 R53.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Parent Company Financial Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheet for Parent Company only | Condensed financial information for Eagle Bancorp, Inc. (Parent Company only) is as follows:
(dollars in thousands) |  | December 31, 2018 |  |  | December 31, 2017 |
Assets |  |  |  |  |  |  |  |
Cash |  | $ | 72,783 |  |  | $ | 77,883 |
Investment securities available-for-sale, at fair value |  |  | 100 |  |  |  | 100 |
Investment in subsidiaries |  |  | 1,249,704 |  |  |  | 1,088,670 |
Other assets |  |  | 8,214 |  |  |  | 5,315 |
Total Assets |  | $ | 1,330,801 |  |  | $ | 1,171,968 |
Liabilities |  |  |  |  |  |  |  |
Other liabilities |  | $ | 4,564 |  |  | $ | 4,625 |
Long-term borrowings |  |  | 217,296 |  |  |  | 216,905 |
Total liabilities |  |  | 221,860 |  |  |  | 221,530 |
Shareholders’ Equity |  |  |  |  |  |  |  |
Common stock |  |  | 342 |  |  |  | 340 |
Additional paid in capital |  |  | 528,380 |  |  |  | 520,304 |
Retained earnings |  |  | 584,494 |  |  |  | 431,544 |
Accumulated other comprehensive loss |  |  | (4,275 | ) |  |  | (1,750 | )
Total Shareholders’ Equity |  |  | 1,108,941 |  |  |  | 950,438 |
Total Liabilities and Shareholders’ Equity |  | $ | 1,330,801 |  |  | $ | 1,171,968 |
Schedule of Condensed Income Statement for Parent Company only | Condensed financial information for Eagle Bancorp, Inc. (Parent Company only) is as follows:
|  | Years Ended December 31, |
(dollars in thousands) |  | 2018 |  |  | 2017 |  |  | 2016 |
Income |  |  |  |  |  |  |  |  |  |  |  |
Other interest and dividends |  | $ | 678 |  |  | $ | 234 |  |  | $ | 280 |
Gain on sale of investment securities |  |  | — |  |  |  | — |  |  |  | 43 |
Total Income |  | $ | 678 |  |  | $ | 234 |  |  | $ | 323 |
Expenses |  |  |  |  |  |  |  |  |  |  |  |
Interest expense |  |  | 11,916 |  |  |  | 11,916 |  |  |  | 7,493 |
Legal and professional |  |  | 870 |  |  |  | 118 |  |  |  | 131 |
Directors compensation |  |  | 614 |  |  |  | 352 |  |  |  | 202 |
Other |  |  | 1,287 |  |  |  | 1,246 |  |  |  | 1,083 |
Total Expenses |  | $ | 14,687 |  |  | $ | 13,632 |  |  | $ | 8,909 |
Loss Before Income Tax (Benefit) and Equity in Undistributed Income of Subsidiaries |  |  | (14,009 | ) |  |  | (13,398 | ) |  |  | (8,586 | )
Income Tax Benefit |  |  | (2,892 | ) |  |  | (4,689 | ) |  |  | (2,919 | )
Loss Before Equity in Undistributed Income of Subsidiaries |  |  | (11,117 | ) |  |  | (8,709 | ) |  |  | (5,667 | )
Equity in Undistributed Income of Subsidiaries |  |  | 163,393 |  |  |  | 108,941 |  |  |  | 103,374 |
Net Income |  | $ | 152,276 |  |  | $ | 100,232 |  |  | $ | 97,707 |
Schedule of Condensed Cash Flow Statement for Parent Company only | Condensed financial information for Eagle Bancorp, Inc. (Parent Company only) is as follows:
|  | Years Ended December 31, |
(dollars in thousands) |  | 2018 |  |  | 2017 |  |  | 2016 |
Cash Flows From Operating Activities |  |  |  |  |  |  |  |  |  |  |  |
Net Income |  | $ | 152,276 |  |  | $ | 100,232 |  |  | $ | 97,707 |
Adjustments to reconcile net income to net cash used in operating activities: Equity in undistributed income of subsidiary |  |  | (163,393 | ) |  |  | (108,941 | ) |  |  | (103,374 | )
Net tax benefits from stock compensation |  |  | 110 |  |  |  | 460 |  |  |  | — |
Excess tax benefit on stock-based compensation |  |  | — |  |  |  | — |  |  |  | (400 | )
Increase in other assets |  |  | (2,508 | ) |  |  | (988 | ) |  |  | (1,491 | )
(Decrease) increase in other liabilities |  |  | (61 | ) |  |  | (189 | ) |  |  | 3,186 |
Net cash used in operating activities |  |  | (13,576 | ) |  |  | (9,426 | ) |  |  | (4,372 | )
Cash Flows From Investing Activities |  |  |  |  |  |  |  |  |  |  |  |
Proceeds from sale of available-for-sale securities |  |  | — |  |  |  | — |  |  |  | 135 |
Investment in subsidiary (net) |  |  | 6,892 |  |  |  | (460 | ) |  |  | (124,636 | )
Net cash provided by (used in) investing activities |  |  | 6,892 |  |  |  | (460 | ) |  |  | (124,501 | )
Cash Flows From Financing Activities |  |  |  |  |  |  |  |  |  |  |  |
Issuance in long-term borrowings |  |  | — |  |  |  | — |  |  |  | 147,586 |
Proceeds from exercise of stock options |  |  | 776 |  |  |  | 372 |  |  |  | 955 |
Excess tax benefit on stock-based compensation |  |  | — |  |  |  | — |  |  |  | 400 |
Proceeds from employee stock purchase plan |  |  | 808 |  |  |  | 836 |  |  |  | 801 |
Net cash provided by financing activities |  |  | 1,584 |  |  |  | 1,208 |  |  |  | 149,742 |
Net (Decrease) Increase in Cash |  |  | (5,100 | ) |  |  | (8,678 | ) |  |  | 20,869 |
Cash and Cash Equivalents at Beginning of Year |  |  | 77,883 |  |  |  | 86,561 |  |  |  | 65,692 |
Cash and Cash Equivalents at End of Year |  | $ | 72,783 |  |  | $ | 77,883 |  |  | $ | 86,561 |

X
- References No definition available. + Details
Name: | srt_CondensedFinancialInformationOfParentCompanyOnlyDisclosureAbstract
Namespace Prefix: | srt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed balance sheet, including, but not limited to, balance sheets of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedBalanceSheetTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed cash flow statement, including, but not limited to, cash flow statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedCashFlowStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of condensed income statement, including, but not limited to, income statements of consolidated entities and consolidation eliminations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 3 -Paragraph i -Subsection 10 + Details
Name: | srt_ScheduleOfCondensedIncomeStatementTableTextBlock
Namespace Prefix: | srt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration