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CONDENSED FINANCIAL STATEMENTS OF PEAPACK-GLADSTONE FINANCIAL CORPORATION (PARENT COMPANY ONLY) (STATEMENTS OF CASH FLOWS) (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Operating activities: |  |  |
Net income | $ 44,170 | $ 36,497 | $ 26,477
Amortization of subordinated debt costs | 169 | 135 | 71
Increase in other assets | (8,485) | (9,977) | 945
(Decrease)/increase in accrued expenses and other liabilities | (929) | 2,330 | 2,935
Net cash provided by operating activities | 64,248 | 55,935 | 42,926
Investing activities: |  |  |
Net cash used in investing activities | (297,707) | (435,514) | (433,175)
Financing activities: |  |  |
Cash dividends paid on common stock | (3,712) | (3,548) | (3,296)
Exercise of stock options, net stock swaps | 275 | 690 | 1,069
Proceeds from issuance of subordinated debt |  | 34,125 | 48,693
Issuance of common shares (DRIP program) | 16,677 | 36,588 | 22,461
Net cash provided by financing activities | 280,785 | 330,335 | 482,780
Net increase/(decrease) in cash and cash equivalents | 47,326 | (49,244) | 92,531
Parent Company [Member] |  |  |
Operating activities: |  |  |
Net income | 44,170 | 36,497 | 26,477
Undistributed earnings of Bank | (48,410) | (38,942) | (28,036)
Amortization of subordinated debt costs | 171 | 135 | 71
Increase in other assets | (1,183) | (1,248) | (889)
(Decrease)/increase in accrued expenses and other liabilities | (256) | 113 | 114
Net cash provided by operating activities | (5,508) | (3,445) | (2,263)
Investing activities: |  |  |
Capital contribution to subsidiary | (9,322) | (60,177) | (57,823)
Net cash used in investing activities | (9,322) | (60,177) | (57,823)
Financing activities: |  |  |
Cash dividends paid on common stock | (3,712) | (3,548) | (3,296)
Exercise of stock options, net stock swaps | 275 | 690 | 1,069
Proceeds from issuance of subordinated debt |  | 34,125 | 48,693
Issuance of common shares (DRIP program) | 16,677 | 36,588 | 22,461
Net cash provided by financing activities | 13,240 | 67,855 | 68,927
Net increase/(decrease) in cash and cash equivalents | (1,590) | 4,233 | 8,841
Cash and cash equivalents at beginning of period | 15,078 | 10,845 | 2,004
Cash and cash equivalents at end of period | $ 13,488 | $ 15,078 | $ 10,845

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