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Parent Company Financial Information | 12 Months Ended
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Dec. 31, 2018
Condensed Financial Information Disclosure [Abstract] |
Parent Company Financial Information | Note 26 – Parent Company Financial Information 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 |
|  | 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 |
|  | 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 |

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=108774443&loc=d3e5283-111683 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 235 -Section S99 -Paragraph 2 -Subparagraph (SX 210.9-06) -URI http://asc.fasb.org/extlink&oid=6882215&loc=d3e537971-122884 + Details
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