XML 40 R28.htm IDEA: XBRL DOCUMENT
v3.22.1

Other Comprehensive Income (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
Other Comprehensive Income [Abstract] |
Schedule of components of other comprehensive income (loss) | The following table presents the components of other comprehensive income (loss) for the three months ended March 31, 2022 and 2021.
(dollars in thousands) |  | Before Tax |  | Tax Effect |  | Net of Tax
Three Months Ended March 31, 2022 |  |  |  |  |  |
Net unrealized (loss) gain on securities available-for-sale |  | $ | (79,227) |  |  | $ | 20,821 |  |  | $ | (58,406) |
Less: Reclassification adjustment for net loss (gain) included in net income |  | 25 |  |  | (6) |  |  | 19 |
Total unrealized (loss) gain |  | (79,202) |  |  | 20,815 |  |  | (58,387) |
Net unrealized (loss) on securities transferred to held-to-maturity (1) |  | (66,193) |  |  | 17,098 |  |  | (49,095) |
Other comprehensive (loss) income |  | $ | (145,395) |  |  | $ | 37,913 |  |  | $ | (107,482) |
Three Months Ended March 31, 2021 |  |  |  |  |  |
Net unrealized (loss) gain on securities available-for-sale |  | $ | (23,713) |  |  | $ | 6,096 |  |  | $ | (17,617) |
Less: reclassification adjustment for net (gain) loss included in net income |  | (221) |  |  | 55 |  |  | (166) |
Total unrealized (loss) gain |  | (23,934) |  |  | 6,151 |  |  | (17,783) |
Net unrealized gain (loss) on derivatives |  | 767 |  |  | (194) |  |  | 573 |
Less: reclassification adjustment for (gain) loss included in net income |  | (384) |  |  | 96 |  |  | (288) |
Total unrealized gain (loss) |  | 383 |  |  | (98) |  |  | 285 |
Other comprehensive (loss) income |  | $ | (23,551) |  |  | $ | 6,053 |  |  | $ | (17,498) |
Schedule of changes in each component of accumulated other comprehensive income (loss), net of tax | The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax, for the three months ended March 31, 2022 and 2021.
|  | Securities |  | Securities |  |  |  | Accumulated Other
|  | Available |  | Held to |  |  |  | Comprehensive
(dollars in thousands) |  | For Sale |  | Maturity |  | Derivatives |  | Income (Loss)
Three Months Ended March 31, 2022 |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (13,958) |  |  | $ | — |  |  | $ | (284) |  |  | $ | (14,242) |
Other comprehensive loss before reclassifications |  | (58,406) |  |  | (49,095) |  |  | — |  |  | (107,501) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | 19 |  |  | — |  |  | — |  |  | 19 |
Net other comprehensive loss during period |  | (58,387) |  |  | (49,095) |  |  | — |  |  | (107,482) |
Balance at end of period |  | $ | (72,345) |  |  | $ | (49,095) |  |  | $ | (284) |  |  | $ | (121,724) |
Three Months Ended March 31, 2021 |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | 16,168 |  |  | $ | — |  |  | $ | (668) |  |  | $ | 15,500 |
Other comprehensive income before reclassifications |  | (17,617) |  |  | — |  |  | 573 |  |  | (17,044) |
Amounts reclassified from accumulated other comprehensive income (loss) |  | (166) |  |  | — |  |  | (288) |  |  | (454) |
Net other comprehensive (loss) income during period |  | (17,783) |  |  | — |  |  | 285 |  |  | (17,498) |
Balance at end of period |  | $ | (1,615) |  |  | $ | — |  |  | $ | (383) |  |  | $ | (1,998) |
Schedule of amounts reclassified out of accumulated other comprehensive (loss) income | The following tables present the amounts reclassified out of each component of accumulated other comprehensive income (loss) for the three months ended March 31, 2022 and 2021.
|  | Amount Reclassified from |  |
|  | Accumulated Other |  |
Details about Accumulated Other |  | Comprehensive (Loss) Income |  | Affected Line Item in
Comprehensive Income Components |  | Three Months Ended March 31, |  | the Statement Where
(dollars in thousands) |  | 2022 |  | 2021 |  | Net Income is Presented
Realized gain on sale of investment securities |  | $ | (25) |  |  | $ | 221 |  |  | Net (loss) gain on sale of investment securities
Interest income derivative deposits |  | — |  |  | 384 |  |  | Interest on balances with other banks and short-term investments
Income tax benefit (expense) |  | 6 |  |  | (151) |  |  | Income tax expense
Total reclassifications for the periods |  | $ | (19) |  |  | $ | 454 |  |  |

X
- Definition Other Comprehensive Income + References No definition available. + Details
Name: | egbn_OtherComprehensiveIncomeAbstract
Namespace Prefix: | egbn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=124509347&loc=d3e526-108580 + Details
Name: | us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration