XML 133 R121.htm IDEA: XBRL DOCUMENT v3.22.4
CONDENSED FINANCIAL STATEMENTS OF PEAPACK-GLADSTONE FINANCIAL CORPORATION (PARENT COMPANY ONLY) (STATEMENTS OF CONDITION) (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Jan. 01, 2022
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
ASSETS          
Cash $ 5,937   $ 5,929    
Interest-earning deposits 184,138   140,875    
Total cash and cash equivalents 190,075   146,804    
Other assets 63,587   62,451    
Total assets 6,353,593   6,077,993 $ 5,890,442  
LIABILITIES          
Subordinated debt 132,987   132,701    
Other liabilities 69,100   77,502    
Total liabilities 5,820,613   5,531,605    
SHAREHOLDERS’ EQUITY          
Common stock 17,513   17,220    
Surplus 338,706   332,358    
Treasury stock (97,826)   (65,104)    
Retained earnings 348,798   274,288    
Accumulated other comprehensive loss (74,211)   (12,374)    
Total shareholders’ equity 532,980 $ 3,909 546,388 $ 527,122 $ 503,652
Total liabilities and shareholders’ equity 6,353,593   6,077,993    
Parent Company [Member]          
ASSETS          
Cash 7,967   27,530    
Interest-earning deposits 523   522    
Total cash and cash equivalents 8,490   28,052    
Investment in subsidiary 655,490   650,918    
Other assets 2,356   680    
Total assets 666,336   679,650    
LIABILITIES          
Subordinated debt 132,987   132,701    
Other liabilities 369   561    
Total liabilities 133,356   133,262    
SHAREHOLDERS’ EQUITY          
Common stock 17,513   17,220    
Surplus 338,706   332,358    
Treasury stock (97,826)   (65,104)    
Retained earnings 348,798   274,288    
Accumulated other comprehensive loss (74,211)   (12,374)    
Total shareholders’ equity 532,980   546,388    
Total liabilities and shareholders’ equity $ 666,336   $ 679,650