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Parent Company Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheet for Parent Company Only | Condensed financial information for Eagle Bancorp, Inc. (the "Parent Company") is as follows:
|  | Parent Company Condensed Balance Sheets as of
(dollars in thousands) |  | December 31, 2024 |  | December 31, 2023
Assets |  |  |  |
Cash and due from banks |  | $ | 23,561 |  |  | $ | 38,396 |
Investment securities held-to-maturity, net allowance for credit losses of $1,000 and $1,449, respectively |  | 43,172 |  |  | 43,633 |
Investment in subsidiary |  | 1,230,907 |  |  | 1,269,022 |
Other assets |  | 6,570 |  |  | 10,366 |
Total Assets |  | $ | 1,304,210 |  |  | $ | 1,361,417 |
Liabilities |  |  |  |
Other liabilities |  | $ | 2,041 |  |  | $ | 17,216 |
Borrowings |  | 76,108 |  |  | 69,918 |
Total liabilities |  | 78,149 |  |  | 87,134 |
Shareholders’ Equity |  |  |  |
Common stock |  | 298 |  |  | 296 |
Additional paid in capital |  | 384,932 |  |  | 374,888 |
Retained earnings |  | 982,304 |  |  | 1,061,456 |
Accumulated other comprehensive loss |  | (141,473) |  |  | (162,357) |
Total Shareholders’ Equity |  | 1,226,061 |  |  | 1,274,283 |
Total Liabilities and Shareholders’ Equity |  | $ | 1,304,210 |  |  | $ | 1,361,417 |
Schedule of Condensed Income Statement for Parent Company Only |
|  | Parent Company Condensed Statements of Operations
|  | Years Ended December 31,
(dollars in thousands) |  | 2024 |  | 2023 |  | 2022
Income |  |  |  |  |  |
Other interest and dividends |  | $ | 99,236 |  |  | $ | 126,264 |  |  | $ | 87,781 |
Gain on sale of investment securities |  | 1,060 |  |  | — |  |  | — |
Other income (loss) |  | 66 |  |  | 43 |  |  | (24) |
Total Income |  | 100,362 |  |  | 126,307 |  |  | 87,757 |
Expenses |  |  |  |  |  |
Interest expense |  | 4,797 |  |  | 4,149 |  |  | 4,149 |
Legal and professional |  | 495 |  |  | 1,695 |  |  | 894 |
Directors compensation |  | 474 |  |  | 597 |  |  | 643 |
Provision for (reversal of) credit losses |  | (449) |  |  | 1,124 |  |  | 326 |
Other expenses |  | 1,411 |  |  | 879 |  |  | 14,746 |
Total Expenses |  | 6,728 |  |  | 8,444 |  |  | 20,758 |
Income Before Income Tax Expense (Benefit) and Equity in Undistributed Income (Loss) of Subsidiaries |  | 93,634 |  |  | 117,863 |  |  | 66,999 |
Income Tax Expense (Benefit) |  | 2,182 |  |  | (1,220) |  |  | (1,183) |
Income Before Equity in Undistributed Income (Loss) of Subsidiaries |  | 91,452 |  |  | 119,083 |  |  | 68,182 |
Equity in Undistributed Income (Loss) of Subsidiaries |  | (138,487) |  |  | (18,549) |  |  | 72,748 |
Net Income (loss) |  | $ | (47,035) |  |  | $ | 100,534 |  |  | $ | 140,930 |
Schedule of Condensed Cash Flow Statement for Parent Company Only |
|  | Parent Company Condensed Statements of Cash Flows
|  | Years Ended December 31,
(dollars in thousands) |  | 2024 |  | 2023 |  | 2022
Cash Flows From Operating Activities |  |  |  |  |  |
Net Income (Loss) |  | $ | (47,035) |  |  | $ | 100,534 |  |  | $ | 140,930 |
Adjustments to reconcile net income (loss) to net cash used in operating activities: Equity in undistributed income (loss) of subsidiary |  | 138,487 |  |  | 18,549 |  |  | (72,748) |
Net tax benefits from stock based compensation expense |  | 9,561 |  |  | 10,018 |  |  | 9,899 |
Securities premium amortization, net |  | 1,004 |  |  | 6 |  |  | (54) |
Provision for (reversal of) credit losses for investment securities held-to-maturity |  | (449) |  |  | 1,124 |  |  | 326 |
Depreciation and amortization |  | 82 |  |  | 124 |  |  | — |
(Increase) decrease in other assets |  | (11,935) |  |  | (10,397) |  |  | (12,909) |
Increase (decrease) in other liabilities |  | 2,917 |  |  | (1,064) |  |  | 4,593 |
Net cash provided by operating activities |  | 92,632 |  |  | 118,894 |  |  | 70,037 |
Cash Flows From Investing Activities |  |  |  |  |  |
Investment in subsidiary |  | (70,000) |  |  | — |  |  | — |
Purchases of held-to-maturities investment securities |  | — |  |  | — |  |  | (3,976) |
Proceeds from maturities of held-to-maturities securities |  | — |  |  | — |  |  | 1,500 |
Net cash used in investing activities |  | (70,000) |  |  | — |  |  | (2,476) |
Cash Flows From Financing Activities |  |  |  |  |  |
Net proceeds from borrowings |  | 7,665 |  |  | — |  |  | — |
Proceeds from exercise of stock options |  | — |  |  | — |  |  | 97 |
Proceeds from employee stock purchase plan |  | 485 |  |  | 586 |  |  | 748 |
Common stock repurchased |  | — |  |  | (47,631) |  |  | (33,087) |
Cash dividends paid |  | (45,617) |  |  | (54,993) |  |  | (55,776) |
Net cash used in financing activities |  | (37,467) |  |  | (102,038) |  |  | (88,018) |
Net Increase (Decrease) in Cash |  | (14,835) |  |  | 16,856 |  |  | (20,457) |
Cash and Cash Equivalents at Beginning of Year |  | 38,396 |  |  | 21,540 |  |  | 41,997 |
Cash and Cash Equivalents at End of Year |  | $ | 23,561 |  |  | $ | 38,396 |  |  | $ | 21,540 |
Non-Cash Investing Activities |  |  |  |  |  |
Transfers of investment securities from available-for-sale to held-to-maturity |  | $ | — |  |  | $ | — |  |  | $ | 42,467 |

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