Form 8-K
8-K — CAMDEN NATIONAL CORP
Accession: 0000750686-26-000071
Filed: 2026-10-27
Period: 2026-10-27
CIK: 0000750686
SIC: 6021 (NATIONAL COMMERCIAL BANKS)
Item: Results of Operations and Financial Condition
Item: Financial Statements and Exhibits
Documents
8-K — cac-20261027.htm (Primary)
EX-99.1 (ex991earningsreleaseq326.htm)
GRAPHIC (image1.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K
8-K (Primary)
Filename: cac-20261027.htm · Sequence: 1
cac-20261027
0000750686false00007506862026-10-272026-10-27
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (date of earliest event reported): October 27, 2026
Camden National Corporation
(Exact name of registrant as specified in its charter)
Maine
001-13227
01-0413282
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
Two Elm Street
Camden
Maine
04843
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (207) 236-8821
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, without par value CAC The NASDAQ Stock Market LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging Growth Company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
Camden National Corporation (the “Company” or “Camden”) issued a press release on October 27, 2026 announcing earnings for the fiscal quarter ended September 30, 2026. A copy of the press release is attached hereto as Exhibit 99.1. This information is being furnished pursuant to Item 2.02, and the information contained therein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933.
Item 9.01
Financial Statements and Exhibits.
(d) The following exhibits are filed with this Report:
Exhibit No. Description
99.1
Press release announcing earnings for the fiscal quarter ended September 30, 2026.
101 Cover Page Interactive Data - the cover page XBRL tags are embedded within the Inline XBRL document.
104 Cover Page Interactive Data File - Included in Exhibit 101.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 27, 2026
CAMDEN NATIONAL CORPORATION
(Registrant)
By: /s/ MICHAEL R. ARCHER
Michael R. Archer
Chief Financial Officer and Principal Financial & Accounting Officer
EX-99.1
EX-99.1
Filename: ex991earningsreleaseq326.htm · Sequence: 2
Document
CONTACT:
Michael Archer
Executive Vice President
Chief Financial Officer
Camden National Corporation
(800) 860-8821
marcher@CamdenNational.bank
FOR IMMEDIATE RELEASE
Camden National Corporation Reports Third Quarter 2026 Net Income Up 8% Year Over Year
Strong deposit growth, credit quality and disciplined execution drive financial performance
CAMDEN, Maine, October 27, 2026/PRNewswire/--Camden National Corporation (NASDAQ: CAC; “Camden National” or the “Company”) reported net income of $22.8 million and diluted earnings per share (“EPS”) of $1.34 for the quarter ended September 30, 2026, resulting in a return on average assets of 1.31%, a return on average equity of 12.36%, and a return on average tangible equity (non‑GAAP) of 17.47%.
“Our third-quarter results demonstrate continued momentum across the franchise, with year-over-year earnings growth, meaningful deposit growth, and strong credit performance,” said Simon Griffiths, President and Chief Executive Officer of Camden National Corporation. “Strong deposit growth and continued customer acquisition improved our funding mix, reduced reliance on higher-cost borrowings, and expanded net interest margin by 15 basis points from the second quarter to 3.41%. At the same time, we maintained disciplined expense management while investing in our lending teams and future growth. With record earnings through the first nine months of the year and a stronger balance sheet, we are confident that we are well positioned to deliver sustained earnings growth and long-term shareholder value.”
For the nine months ended September 30, 2026, the Company reported record net income of $67.7 million and diluted EPS of $3.98, compared to $42.6 million and $2.51, respectively, for the same period of 2025. On a non-GAAP basis, adjusted net income, which excludes acquisition-related costs and other non-recurring items incurred during the nine months ended September 30, 2025, increased 31% between periods.
THIRD QUARTER 2026 HIGHLIGHTS
•Net income of $22.8 million and diluted EPS of $1.34 for the third quarter of 2026 increased 8% and 7%, respectively, over the same period last year, and were each 1% lower than reported record financial results for the prior quarter.
•Deposits grew 5% during the third quarter of 2026, driven by growth in core deposits (non-GAAP) of 7% since June 30, 2026.
•Asset quality remained strong, with non-performing loans and past-due loans representing 0.16% and 0.14% of total loans, respectively, at September 30, 2026.
•The GAAP efficiency ratio for the third quarter was 54.60%, and the non-GAAP efficiency ratio was 52.44%, compared to 55.42% and 53.23%, respectively, for the second quarter of 2026.
•Net interest margin expanded 15 basis points during the third quarter of 2026, compared to the second quarter of 2026, to 3.41%.
•Book value per share was $42.65 and tangible book value per share (non-GAAP) was $31.40 at September 30, 2026, an increase of 7% and 10%, respectively, compared to September 30, 2025.
FINANCIAL OPERATING RESULTS (Q3 2026 vs. Q2 2026)
Net interest income totaled $55.4 million in the third quarter of 2026, an increase of 5% from the prior quarter. Net interest margin expanded 15 basis points to 3.41%, primarily reflecting lower funding costs as 3% growth in average deposits supported a 26% reduction in average borrowings. Net fair value mark accretion income increased $224,000 to $4.2 million and contributed 31 basis points to third-quarter net interest margin.
Provision expense totaled $1.9 million for the third quarter of 2026, compared with $710,000 in the prior quarter. The increase reflected macroeconomic factors that contributed to a 1-basis-point increase in the allowance for credit losses to 0.92% of total loans at September 30, 2026, as well as higher reserves related to growth in unfunded credit commitments. Asset quality remained strong, with non-performing loans and past-due loans at 0.16% and 0.14% of total loans, respectively, as of September 30, 2026, while annualized net charge-offs remained low at 0.07% of average loans.
Non-interest income for the third quarter of 2026 totaled $13.2 million, a decrease of $1.2 million, or 8%, from the prior quarter. The decrease was primarily due to lower mortgage banking and bank-owned life insurance income, driven by quarter-end fair value accounting adjustments reflecting changes in market conditions. Underlying customer activity remained solid, supported by higher debit card income and growing assets under administration within the Company's wealth and brokerage businesses, which increased 1% to $2.6 billion during the quarter.
Non-interest expense for the third quarter of 2026 totaled $37.5 million, an increase of less than 1% from the prior quarter. The Company’s GAAP and non‑GAAP efficiency ratios for the third quarter of 2026 were 54.60% and 52.44% compared to 55.42% and 53.23%, respectively, for the second quarter of 2026.
FINANCIAL CONDITION
Total assets were $7.1 billion at September 30, 2026, compared to $7.0 billion at June 30, 2026.
Cash, cash equivalents and restricted cash increased to $248.6 million at September 30, 2026, from $99.9 million at June 30, 2026, primarily reflecting strong third-quarter deposit growth and timing of cash flows.
Investments totaled $1.3 billion at September 30, 2026, representing a 4% decrease from June 30, 2026. The increase in the interest rate environment during the quarter resulted in an increase in unrealized losses on the available-for-sale investment portfolio of $32.6 million to $77.5 million at September 30, 2026.
Total loans were $5.0 billion at September 30, 2026, a decrease of $2.2 million from June 30, 2026. Home equity and residential mortgage loans grew 7% and 1%, respectively, from the prior quarter, while commercial real estate and commercial loans decreased 2% and 3%, respectively, with the declines primarily attributable to several large loan prepayments.
Total deposits were $5.8 billion at September 30, 2026, an increase of 5% from June 30, 2026. On a non-GAAP basis, core deposits grew 7% during the third quarter of 2026 to $5.2 billion, and represented 88% of total deposits. Strong core deposit growth from normal seasonal deposit flows in our markets and continued success in
customer acquisition enabled the Company to optimize its higher-cost deposits and borrowings. At September 30, 2026, borrowings totaled $374.4 million, compared to $571.1 million at June 30, 2026. As of September 30, 2026, the Company's loan-to-deposit ratio was 86%, compared to 90% at June 30, 2026.
As of September 30, 2026, the Company maintained capital ratios well in excess of all regulatory requirements, including a Common Equity Tier 1 ratio of 12.53%, a Tier 1 risk-based ratio of 13.83%, a total risk-based ratio of 14.82%, and a Tier 1 leverage ratio of 9.92%.
The tangible common equity ratio and tangible book value per share were 7.73% and $31.40, respectively, as of September 30, 2026, compared to 7.91% and $31.64 at June 30, 2026. The decreases reflected a $25.1 million net-of-tax increase in accumulated other comprehensive loss resulting from the increase in unrealized losses on the available-for-sale investment portfolio.
The Company did not repurchase any shares of its common stock during the third quarter of 2026. For the nine months ended September 30, 2026, the Company repurchased 85,131 shares at a weighted average price of $46.55 per share under its share repurchase program.
The Company announced a cash dividend of $0.42 per share, representing an annualized dividend yield of 3.04%, based on the Company's closing share price of $55.35 as reported by NASDAQ on September 30, 2026. The dividend will be payable on October 30, 2026, to shareholders of record on October 15, 2026.
Q3 2026 CONFERENCE CALL
Camden National Corporation will host a conference call and webcast at 3:00 p.m. Eastern Time on Tuesday, October 27, 2026, to discuss its third quarter of 2026 financial results and outlook. Participants should dial into the call 10 - 15 minutes before it begins. Information about the conference call is as follows:
Live dial-in (Domestic): (833) 461-5787
Link to obtain live dial-in (All other locations): https://help.events.q4inc.com/eahc/international-dial-in-numbers
Meeting ID: 616 592 150
Live webcast URL: https://events.q4inc.com/attendee/616592150
A link to the live webcast will be available on Camden National's website under "Resources — Investor Relations" at CamdenNational.bank before the meeting, and a replay of the webcast will be available on Camden National’s website following the conference call. The conference call transcript will also be available on Camden National's website approximately two days after the conference call.
ABOUT CAMDEN NATIONAL CORPORATION
Camden National Corporation (NASDAQ: CAC) is Northern New England's largest publicly traded bank holding company, with $7.1 billion in assets. Founded in 1875, Camden National Bank has 72 banking centers in Maine and New Hampshire and is a full-service community bank offering the latest digital banking, complemented by award-winning, personalized service. Additional information is available at CamdenNational.bank. Member FDIC. Equal Housing Lender.
Comprehensive wealth management, investment, and financial planning services are delivered by Camden National Wealth Management.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release that are not statements of historical fact constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including certain plans, expectations, goals, projections, and other statements, which are subject to numerous
risks, assumptions, and uncertainties. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Certain factors that could cause actual results to differ materially from expected results include weakness in the United States economy in general and the regional and local economies within the Northern New England regions, which could result in a deterioration of credit quality, an increase in the allowance for credit losses or a reduced demand for the Company’s credit or fee-based products and services; changes in trade, monetary and fiscal policies and laws, including Federal Reserve interest rate policies or the imposition of tariffs or retaliatory tariffs and related litigation; increased competitive pressures, including continued industry consolidation and the increased financial services provided by non-banks; inflation; deterioration in the value of Camden National's investment securities; commercial real estate vacancies and their impact on the ability of borrowers to repay loans; changes in consumer spending and savings habits; volatility in the securities markets that could adversely affect the value or credit quality of the Company’s assets, impairment of goodwill, or the availability and terms of funding necessary to meet the Company’s liquidity needs; changes in information technology and other operational risks, including cybersecurity and artificial intelligence, that require increased capital spending and introduce additional risk; changes in tax, banking, securities and insurance laws and regulations; the outcome of pending and future litigation and governmental proceedings, including tax-related examinations and other matters; changes in accounting policies, practices and standards; the effects of climate change on the Company and its customers, borrowers or service providers; the effects of civil unrest, international hostilities, including the continuation of conflict in the Middle East, or other geopolitical events; the effects of epidemics and pandemics; turmoil and volatility in the financial services industry; actions taken by governmental agencies to stabilize the financial system and the effectiveness of such actions; increases in deposit insurance assessments due to bank failures; changes to regulatory capital requirements; questions about the soundness of one or more financial institutions with which the Company does business; changes in the securities markets and other risks and uncertainties disclosed in Camden National’s Annual Report on Form 10-K for the year ended December 31, 2025, as updated by other filings with the Securities and Exchange Commission ("SEC"). Factors other than these risks could also materially affect the Company's financial results and performance, and readers should not consider the risks described above to be a comprehensive description of all potential risks and uncertainties that affect the Company. Readers should not place undue reliance on the Company's forward-looking statements. Camden National does not have any obligation to update forward-looking statements.
USE OF NON-GAAP MEASURES
In addition to evaluating the Company's results of operations in accordance with generally accepted accounting principles in the United States ("GAAP"), management supplements this evaluation with certain non-GAAP financial measures such as: adjusted net income; adjusted diluted earnings per share; adjusted return on average assets; adjusted return on average equity; pre-tax, pre-provision income; adjusted pre-tax, pre-provision income; return on average tangible equity and adjusted return on average tangible equity; the efficiency and tangible common equity ratios; core net interest margin; and tangible book value per share. Management utilizes these non-GAAP financial measures to measure our performance against our peer group and other financial institutions, and to analyze our internal performance. We also believe these non-GAAP financial measures help investors better understand the Company's operating performance and trends and allow for better performance comparisons with other financial institutions. In addition, these non-GAAP financial measures remove the impact of unusual items that may obscure trends in the Company's underlying performance. These disclosures should not be viewed as a substitute for GAAP operating results, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other financial institutions. Reconciliations to the comparable GAAP financial measures are included in this document.
ANNUALIZED DATA
Certain returns, yields and performance ratios are presented on an “annualized” basis. This is done for analytical and decision-making purposes to better discern underlying performance trends when compared to full-year or year-over-year amounts. Annualized data may not be indicative of any four-quarter period and is presented for illustrative purposes only.
Selected Financial Data
(unaudited)
At or For The
Three Months Ended
At or For The
Nine Months Ended
(In thousands, except number of shares and per share data) September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Financial Condition Data
Loans $ 5,002,228 $ 5,004,468 $ 5,002,927 $ 5,002,228 $ 5,002,927
Total assets 7,053,049 6,950,980 6,981,522 7,053,049 6,981,522
Deposits 5,849,336 5,555,104 5,402,758 5,849,336 5,402,758
Shareholders' equity 720,641 725,926 676,444 720,641 676,444
Operating Data and Per Share Data
Net income $ 22,821 $ 23,021 $ 21,194 $ 67,725 $ 42,601
Pre-tax, pre-provision income (non-GAAP)(1)
31,173 30,051 29,470 89,854 69,753
Diluted EPS
1.34 1.35 1.25 3.98 2.51
Profitability Ratios
Return on average assets 1.31 % 1.33 % 1.21 % 1.31 % 0.82 %
Return on average equity 12.36 % 12.92 % 12.75 % 12.62 % 8.86 %
Return on average tangible equity (non-GAAP)(1)
17.47 % 18.47 % 19.12 % 18.03 % 13.82 %
GAAP efficiency ratio
54.60 % 55.42 % 54.94 % 55.17 % 62.84 %
Efficiency ratio (non-GAAP)(1)
52.44 % 53.23 % 52.47 % 52.95 % 55.47 %
Net interest margin (fully-taxable equivalent) 3.41 % 3.26 % 3.16 % 3.30 % 3.09 %
Core net interest margin (fully-taxable equivalent) (non-GAAP)(1)
3.10 % 2.97 % 2.82 % 3.00 % 2.73 %
Asset Quality Ratios
ACL on loans to total loans 0.92 % 0.91 % 0.91 % 0.92 % 0.91 %
Non-performing loans to total loans 0.16 % 0.24 % 0.17 % 0.16 % 0.17 %
Capital Ratios
Common equity ratio 10.22 % 10.44 % 9.69 % 10.22 % 9.69 %
Tangible common equity ratio (non-GAAP)(1)
7.73 % 7.91 % 7.09 % 7.73 % 7.09 %
Book value per share
$ 42.65 $ 42.96 $ 39.97 $ 42.65 $ 39.97
Tangible book value per share (non-GAAP)(1)
$ 31.40 $ 31.64 $ 28.42 $ 31.40 $ 28.42
Tier 1 leverage capital ratio 9.92 % 9.66 % 8.94 % 9.92 % 8.94 %
Total risk-based capital ratio 14.82 % 14.43 % 13.47 % 14.82 % 13.47 %
(1) This is a non-GAAP measure, please see "Reconciliation of non-GAAP to GAAP Financial Measures (unaudited).”
Consolidated Statements of Condition Data
(unaudited)
(In thousands) September 30,
2026 June 30,
2026 September 30,
2025 % Change
Sep 2026 vs. Jun 2026 % Change
Sep 2026 vs. Sep 2025
ASSETS
Cash, cash equivalents and restricted cash $ 248,570 $ 99,900 $ 98,848 149 % 151 %
Investments:
Trading securities 5,120 4,948 5,581 3 % (8) %
Available-for-sale securities, at fair value 869,951 892,153 889,765 (2) % (2) %
Held-to-maturity securities, at amortized cost 442,568 463,318 495,007 (4) % (11) %
Other investments 15,259 23,433 31,185 (35) % (51) %
Total investments 1,332,898 1,383,852 1,421,538 (4) % (6) %
Loans held for sale, at fair value 6,355 13,890 9,775 (54) % (35) %
Loans:
Commercial real estate 2,154,943 2,191,102 2,173,748 (2) % (1) %
Commercial 417,924 431,211 479,461 (3) % (13) %
Residential real estate 2,021,365 1,997,226 2,017,675 1 % — %
Home equity
392,032 367,818 313,951 7 % 25 %
Consumer
15,964 17,111 18,092 (7) % (12) %
Total loans 5,002,228 5,004,468 5,002,927 — % — %
Less: allowance for credit losses on loans (46,217) (45,604) (45,501) 1 % 2 %
Net loans 4,956,011 4,958,864 4,957,426 — % — %
Goodwill and core deposit intangible assets 190,023 191,377 195,558 (1) % (3) %
Other assets 319,192 303,097 298,377 5 % 7 %
Total assets $ 7,053,049 $ 6,950,980 $ 6,981,522 1 % 1 %
LIABILITIES AND SHAREHOLDERS’ EQUITY
Liabilities
Deposits:
Non-interest checking $ 1,183,481 $ 1,080,352 $ 1,162,149 10 % 2 %
Interest checking 1,914,395 1,755,545 1,535,482 9 % 25 %
Savings and money market 2,065,050 1,995,303 1,879,770 3 % 10 %
Certificates of deposit 605,912 632,355 701,031 (4) % (14) %
Brokered deposits 80,498 91,549 124,326 (12) % (35) %
Total deposits 5,849,336 5,555,104 5,402,758 5 % 8 %
Short-term borrowings 311,691 508,386 748,492 (39) % (58) %
Long-term borrowings 1,000 1,000 1,000 — % — %
Junior subordinated debentures 61,740 61,665 61,441 — % — %
Accrued interest and other liabilities 108,641 98,899 91,387 10 % 19 %
Total liabilities 6,332,408 6,225,054 6,305,078 2 % — %
Commitments and Contingencies
Shareholders’ Equity
Common stock, no par value 213,795 213,018 215,145 — % (1) %
Retained earnings 591,507 575,804 529,721 3 % 12 %
Accumulated other comprehensive loss:
Net unrealized loss on debt securities, net of tax (93,704) (70,070) (74,348) 34 % 26 %
Net unrealized gain on cash flow hedging derivative instruments, net of tax 8,536 6,656 5,532 28 % 54 %
Net unrecognized gain on postretirement plans, net of tax
507 518 394 (2) % 29 %
Total accumulated other comprehensive loss (84,661) (62,896) (68,422) 35 % 24 %
Total shareholders’ equity 720,641 725,926 676,444 (1) % 7 %
Total liabilities and shareholders’ equity $ 7,053,049 $ 6,950,980 $ 6,981,522 1 % 1 %
Consolidated Statements of Income Data
(unaudited)
For The
Three Months Ended
(In thousands, except per share data) September 30,
2026 June 30,
2026 September 30,
2025 % Change
Sep 2026 vs. Jun 2026 % Change
Sep 2026 vs. Sep 2025
Interest Income
Interest and fees on loans $ 69,111 $ 67,258 $ 69,070 3 % — %
Taxable interest on investments 10,002 10,245 10,314 (2) % (3) %
Nontaxable interest on investments 457 451 456 1 % — %
Dividend income 296 377 470 (21) % (37) %
Other interest income 653 660 584 (1) % 12 %
Total interest income 80,519 78,991 80,894 2 % — %
Interest Expense
Interest on deposits 22,716 22,305 24,719 2 % (8) %
Interest on borrowings 1,467 2,843 4,039 (48) % (64) %
Interest on junior subordinated debentures 917 904 864 1 % 6 %
Total interest expense 25,100 26,052 29,622 (4) % (15) %
Net interest income 55,419 52,939 51,272 5 % 8 %
Provision for credit losses
1,893 710 2,972 167 % (36) %
Net interest income after provision for credit losses
53,526 52,229 48,300 2 % 11 %
Non-Interest Income
Debit card income 3,887 3,786 3,704 3 % 5 %
Service charges on deposit accounts 2,656 2,701 2,570 (2) % 3 %
Income from fiduciary services 2,081 2,220 1,884 (6) % 10 %
Brokerage and insurance commissions 1,970 2,029 1,850 (3) % 6 %
Bank-owned life insurance 714 1,244 957 (43) % (25) %
Mortgage banking income, net 666 1,161 1,092 (43) % (39) %
Other income 1,272 1,329 2,068 (4) % (38) %
Total non-interest income 13,246 14,470 14,125 (8) % (6) %
Non-Interest Expense
Salaries and employee benefits 21,009 20,030 20,089 5 % 5 %
Furniture, equipment and data processing 4,891 4,791 4,173 2 % 17 %
Net occupancy costs 2,761 2,789 2,666 (1) % 4 %
Debit card expense 1,777 1,690 1,745 5 % 2 %
Amortization of core deposit intangible assets 1,354 1,354 1,473 — % (8) %
Consulting and professional fees 888 1,405 810 (37) % 10 %
Regulatory assessments 883 862 1,020 2 % (13) %
Other real estate owned and collection (recoveries) costs, net (11) 3 46 N.M. N.M.
Merger and acquisition costs
— — 315 N.M. N.M.
Other expenses 3,940 4,434 3,590 (11) % 10 %
Total non-interest expense 37,492 37,358 35,927 — % 4 %
Income before income tax expense 29,280 29,341 26,498 — % 10 %
Income Tax Expense 6,459 6,320 5,304 2 % 22 %
Net Income $ 22,821 $ 23,021 $ 21,194 (1) % 8 %
Per Share Data
Basic earnings per share $ 1.36 $ 1.36 $ 1.25 — % 9 %
Diluted earnings per share $ 1.34 $ 1.35 $ 1.25 (1) % 7 %
N.M. = Not meaningful
Consolidated Statements of Income Data
(unaudited)
For the
Nine Months Ended
(In thousands, except per share data) September 30,
2026 September 30,
2025 % Change
Sep 2026 vs. Sep 2025
Interest Income
Interest and fees on loans $ 203,048 $ 203,096 — %
Taxable interest on investments 30,543 30,343 1 %
Nontaxable interest on investments 1,363 1,379 (1) %
Dividend income 1,086 1,483 (27) %
Other interest income 1,841 2,311 (20) %
Total interest income 237,881 238,612 — %
Interest Expense
Interest on deposits 66,669 73,934 (10) %
Interest on borrowings 7,786 12,677 (39) %
Interest on junior subordinated debentures 2,710 2,662 2 %
Total interest expense 77,165 89,273 (14) %
Net interest income 160,716 149,339 8 %
Provision for credit losses
3,156 19,321 N.M.
Net interest income after provision for credit losses
157,560 130,018 21 %
Non-Interest Income
Debit card income 11,095 10,583 5 %
Service charges on deposit accounts 7,515 7,293 3 %
Income from fiduciary services 6,315 5,703 11 %
Brokerage and insurance commissions 5,734 5,341 7 %
Bank-owned life insurance 2,749 2,620 5 %
Mortgage banking income, net 2,655 2,660 — %
Other income 3,633 4,188 (13) %
Total non-interest income 39,696 38,388 3 %
Non-Interest Expense
Salaries and employee benefits 60,654 59,724 2 %
Furniture, equipment and data processing 14,326 13,198 9 %
Net occupancy costs 8,609 8,392 3 %
Debit card expense 5,083 5,160 (1) %
Amortization of core deposit intangible assets 4,062 4,419 (8) %
Consulting and professional fees 3,214 3,618 (11) %
Regulatory assessments 2,652 3,133 (15) %
Other real estate owned and collection (recoveries) costs, net (2) 227 (101) %
Merger and acquisition costs
— 9,245 N.M.
Other expenses 11,960 10,858 10 %
Total non-interest expense 110,558 117,974 (6) %
Income before income tax expense
86,698 50,432 72 %
Income Tax Expense
18,973 7,831 142 %
Net Income $ 67,725 $ 42,601 59 %
Per Share Data
Basic earnings per share $ 4.01 $ 2.52 59 %
Diluted earnings per share $ 3.98 $ 2.51 59 %
N.M. = Not meaningful
Quarterly Average Balance and Yield/Rate Analysis
(unaudited)
Average Balance
Yield/Rate
For The Three Months Ended For The Three Months Ended
(Dollars in thousands) September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 June 30,
2026 September 30,
2025
Assets
Interest-earning assets:
Interest-bearing deposits in other banks
and other interest-earning assets
$ 50,351 $ 53,143 $ 38,170 4.08 % 3.81 % 4.45 %
Investments - taxable 1,333,039 1,369,968 1,380,042 3.13 % 3.14 % 3.17 %
Investments - nontaxable(1)
60,591 60,631 61,114 3.82 % 3.77 % 3.77 %
Loans(2):
Commercial real estate 2,175,981 2,186,127 2,123,138 5.68 % 5.62 % 5.72 %
Commercial(1)
373,930 368,331 398,870 6.06 % 6.08 % 6.26 %
Municipal(1)
51,169 52,139 97,113 4.82 % 4.63 % 4.76 %
Residential real estate 2,015,870 2,004,972 2,033,136 4.87 % 4.74 % 4.86 %
Home equity
379,346 354,025 305,140 6.55 % 6.66 % 7.27 %
Consumer
16,536 16,542 18,613 9.64 % 10.38 % 9.17 %
Total loans 5,012,832 4,982,136 4,976,010 5.45 % 5.38 % 5.50 %
Total interest-earning assets 6,456,813 6,465,878 6,455,336 4.95 % 4.88 % 4.98 %
Other assets 479,844 467,752 469,590
Total assets $ 6,936,657 $ 6,933,630 $ 6,924,926
Liabilities & Shareholders' Equity
Deposits:
Non-interest checking $ 1,149,238 $ 1,078,793 $ 1,163,310 — % — % — %
Interest checking 1,781,772 1,753,513 1,622,869 1.70 % 1.69 % 1.82 %
Savings 1,246,325 1,166,720 1,011,847 1.54 % 1.49 % 1.34 %
Money market 788,461 792,802 842,043 2.39 % 2.34 % 2.69 %
Certificates of deposit 621,383 641,532 698,948 2.98 % 3.01 % 3.50 %
Total deposits 5,587,179 5,433,360 5,339,017 1.55 % 1.56 % 1.69 %
Borrowings:
Brokered deposits 84,182 114,043 176,508 3.92 % 4.01 % 4.51 %
Customer repurchase agreements 246,169 269,272 246,775 0.86 % 0.84 % 1.18 %
Junior subordinated debentures 61,694 61,624 61,404 5.90 % 5.89 % 5.58 %
Other borrowings 129,257 258,621 354,099 2.86 % 3.54 % 3.70 %
Total borrowings 521,302 703,560 838,786 2.45 % 2.79 % 3.27 %
Total funding liabilities 6,108,481 6,136,920 6,177,803 1.63 % 1.70 % 1.90 %
Other liabilities 95,493 81,941 87,495
Shareholders' equity 732,683 714,769 659,628
Total liabilities & shareholders' equity $ 6,936,657 $ 6,933,630 $ 6,924,926
Net interest rate spread (fully-taxable equivalent) 3.32 % 3.18 % 3.08 %
Net interest margin (fully-taxable equivalent) 3.41 % 3.26 % 3.16 %
Core net interest margin (fully-taxable equivalent)(3)
3.10 % 2.97 % 2.82 %
(1) Reported on a tax-equivalent basis calculated using the federal corporate income tax rate of 21%, including certain commercial loans.
(2) Non-accrual loans and loans held for sale are included in total average loans.
(3) This is a non-GAAP measure. Please see "Reconciliation of non-GAAP to GAAP Financial Measures (unaudited).”
Year-to-Date Average Balance and Yield/Rate Analysis
(unaudited)
Average Balance Yield/Rate
For The Nine Months Ended For The Nine Months Ended
(Dollars in thousands) September 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Assets
Interest-earning assets:
Interest-bearing deposits in other banks and other interest-earning assets $ 45,350 $ 55,276 4.12 % 4.44 %
Investments - taxable 1,365,983 1,384,151 3.13 % 3.11 %
Investments - nontaxable(1)
60,785 61,547 3.79 % 3.78 %
Loans(2):
Commercial real estate 2,181,772 2,088,486 5.64 % 5.71 %
Commercial(1)
367,620 405,140 6.08 % 6.27 %
Municipal(1)
51,460 90,161 4.87 % 5.20 %
Residential real estate 2,013,216 2,035,004 4.79 % 4.80 %
Home equity
356,811 293,086 6.62 % 7.26 %
Consumer
16,615 18,938 9.82 % 9.15 %
Total loans 4,987,494 4,930,815 5.41 % 5.48 %
Total interest-earning assets 6,459,612 6,431,789 4.90 % 4.94 %
Other assets 475,040 472,744
Total assets $ 6,934,652 $ 6,904,533
Liabilities & Shareholders' Equity
Deposits:
Non-interest checking $ 1,105,606 $ 1,124,809 — % — %
Interest checking 1,739,740 1,653,975 1.67 % 1.84 %
Savings 1,176,411 956,006 1.48 % 1.18 %
Money market 798,694 869,446 2.35 % 2.66 %
Certificates of deposit 642,660 702,929 3.05 % 3.60 %
Total deposits 5,463,111 5,307,165 1.55 % 1.70 %
Borrowings:
Brokered deposits 108,969 193,634 3.98 % 4.55 %
Customer repurchase agreements 257,315 239,286 0.88 % 1.26 %
Junior subordinated debentures 61,622 61,337 5.88 % 5.80 %
Other borrowings 236,861 366,814 3.44 % 3.80 %
Total borrowings 664,767 861,071 2.76 % 3.41 %
Total funding liabilities 6,127,878 6,168,236 1.68 % 1.94 %
Other liabilities 89,078 93,096
Shareholders' equity 717,696 643,201
Total liabilities & shareholders' equity $ 6,934,652 $ 6,904,533
Net interest rate spread (fully-taxable equivalent) 3.22 % 3.00 %
Net interest margin (fully-taxable equivalent) 3.30 % 3.09 %
Core net interest margin (fully-taxable equivalent)(3)
3.00 % 2.73 %
(1) Reported on a tax-equivalent basis calculated using the federal corporate income tax rate of 21%, including certain commercial loans.
(2) Non-accrual loans and loans held for sale are included in total average loans.
(3) This is a non-GAAP measure. Please see "Reconciliation of non-GAAP to GAAP Financial Measures (unaudited).”
Asset Quality Data
(unaudited)
(In thousands) At or for the
Nine Months Ended
September 30,
2026 At or for the
Six Months Ended
June 30,
2026 At or for the
Three Months Ended
March 31,
2026 At or for the
Year Ended
December 31,
2025 At or for the
Nine Months Ended
September 30,
2025
Non-accrual loans:
Residential real estate $ 2,828 $ 2,715 $ 2,252 $ 2,667 $ 3,393
Commercial real estate 2,247 6,054 5,420 639 134
Commercial 2,480 2,871 2,689 3,042 4,103
Home equity
445 501 596 672 697
Consumer
9 1 2 3 3
Total non-accrual loans 8,009 12,142 10,959 7,023 8,330
Accruing loans past due 90 days
— — — — —
Total non-performing loans 8,009 12,142 10,959 7,023 8,330
Other real estate owned — — — — —
Total non-performing assets $ 8,009 $ 12,142 $ 10,959 $ 7,023 $ 8,330
Loans 30-89 days past due:
Residential real estate $ 947 $ 1,542 $ 772 $ 1,565 $ 725
Commercial real estate 4,698 2,839 569 5,284 5,014
Commercial 806 2,424 1,350 541 1,865
Home equity
266 424 328 713 456
Consumer
67 46 58 59 37
Total loans 30-89 days past due $ 6,784 $ 7,275 $ 3,077 $ 8,162 $ 8,097
ACL on loans at the beginning of the period $ 45,276 $ 45,276 $ 45,276 $ 35,728 $ 35,728
ACL established on acquired PCD loans(1)
— — — 3,071 3,071
Provision for loan losses
2,800 1,274 806 22,031 19,009
Charge-offs:
Residential real estate 24 24 — 4 4
Commercial real estate 80 — — 3,220 218
Commercial 2,259 1,229 627 12,659 12,320
Home equity
— — — 21 21
Consumer
132 91 43 185 152
Total charge-offs 2,495 1,344 670 16,089 12,715
Total recoveries (636) (398) (164) (535) (408)
Net charge-offs 1,859 946 506 15,554 12,307
ACL on loans at the end of the period $ 46,217 $ 45,604 $ 45,576 $ 45,276 $ 45,501
Components of ACL:
ACL on loans $ 46,217 $ 45,604 $ 45,576 $ 45,276 $ 45,501
ACL on off-balance sheet credit exposures(2)
3,419 3,052 2,810 3,064 3,117
ACL, end of period $ 49,636 $ 48,656 $ 48,386 $ 48,340 $ 48,618
Ratios:
Non-performing loans to total loans 0.16 % 0.24 % 0.22 % 0.14 % 0.17 %
Non-performing assets to total assets 0.11 % 0.17 % 0.16 % 0.10 % 0.12 %
ACL on loans to total loans 0.92 % 0.91 % 0.92 % 0.91 % 0.91 %
Net charge-offs to average loans (annualized):
Quarter-to-date 0.07 % 0.04 % 0.04 % 0.26 % 0.89 %
Year-to-date 0.05 % 0.04 % 0.04 % 0.31 % 0.33 %
ACL on loans to non-performing loans 577.06 % 375.59 % 415.88 % 644.68 % 546.23 %
Loans 30-89 days past due to total loans 0.14 % 0.15 % 0.06 % 0.16 % 0.16 %
(1) Purchase credit deteriorated (“PCD”).
(2) Presented within accrued interest and other liabilities on the consolidated statements of condition.
Reconciliation of non-GAAP to GAAP Financial Measures
(unaudited)
Adjusted Net Income; Adjusted Diluted Earnings per Share; Adjusted Return on Average Assets; and Adjusted Return on Average Equity:
For the
Three Months Ended For the
Nine Months Ended
(In thousands, except number of shares, per share data and ratios) September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Adjusted Net Income:
Net income, as presented $ 22,821 $ 23,021 $ 21,194 $ 67,725 $ 42,601
Adjustments before taxes:
Provision for non-PCD acquired loans — — — — 6,294
Provision for acquired unfunded commitments — — — — 249
Merger and acquisition costs — — 315 — 9,245
Gain on sale of premises and equipment, net — — (675) — (675)
Total adjustments before taxes
— — (360) — 15,113
Tax impact of above adjustments, as applicable(1)
— — 83 — (3,445)
Adjustment for deferred tax valuation adjustment(2)
— — — — (2,421)
Adjusted net income
$ 22,821 $ 23,021 $ 20,917 $ 67,725 $ 51,848
Adjusted Diluted Earnings per Share:
Diluted earnings per share, as presented $ 1.34 $ 1.35 $ 1.25 $ 3.98 $ 2.51
Adjustments before taxes:
Provision for non-PCD acquired loans — — — — 0.37
Provision for acquired unfunded commitments — — — — 0.01
Merger and acquisition costs — — 0.02 — 0.55
Gain on sale of premises and equipment, net — — (0.04) — (0.04)
Total adjustments before taxes
— — (0.02) — 0.89
Tax impact of above adjustments, as applicable(1)
— — 0.01 — (0.20)
Adjustment for deferred tax valuation adjustment(2)
— — — — (0.14)
Adjusted diluted earnings per share
$ 1.34 $ 1.35 $ 1.24 $ 3.98 $ 3.06
Adjusted Return on Average Assets:
Return on average assets, as presented 1.31 % 1.33 % 1.21 % 1.31 % 0.82 %
Adjustments before taxes:
Provision for non-PCD acquired loans — % — % — % — % 0.12 %
Provision for acquired unfunded commitments — % — % — % — % 0.01 %
Merger and acquisition costs — % — % 0.02 % — % 0.18 %
Gain on sale of premises and equipment, net — % — % (0.04) % — % (0.01) %
Total adjustments before taxes
— % — % (0.02) % — % 0.30 %
Tax impact of above adjustments, as applicable(1)
— % — % — % — % (0.07) %
Adjustment for deferred tax valuation adjustment(2)
— % — % — % — % (0.05) %
Adjusted return on average assets
1.31 % 1.33 % 1.19 % 1.31 % 1.00 %
Adjusted Return on Average Equity:
Return on average equity, as presented 12.36 % 12.92 % 12.75 % 12.62 % 8.86 %
Adjustments before taxes:
Provision for non-PCD acquired loans — % — % — % — % 1.31 %
Provision for acquired unfunded commitments — % — % — % — % 0.05 %
Merger and acquisition costs — % — % 0.19 % — % 1.92 %
Gain on sale of premises and equipment, net — % — % (0.41) % — % (0.14) %
Total adjustments before taxes
— % — % (0.22) % — % 3.14 %
Tax impact of above adjustments, as applicable(1)
— % — % 0.05 % — % (0.72) %
Adjustment for deferred tax valuation adjustment(2)
— % — % — % — % (0.50) %
Adjusted return on average equity
12.36 % 12.92 % 12.58 % 12.62 % 10.78 %
(1) Calculated using an estimated combined marginal income tax rate of 23%.
(2) A one-time deferred tax valuation adjustment of $2.4 million resulted from a change in the apportionment of state income taxes due to the Northway acquisition.
Pre-Tax, Pre-Provision Income and Adjusted Pre-Tax, Pre-Provision Income:
For the
Three Months Ended For the
Nine Months Ended
(In thousands) September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Net income, as presented $ 22,821 $ 23,021 $ 21,194 $ 67,725 $ 42,601
Adjustment for provision for credit losses
1,893 710 2,972 3,156 19,321
Adjustment for income tax expense 6,459 6,320 5,304 18,973 7,831
Pre-tax, pre-provision income
31,173 30,051 29,470 89,854 69,753
Adjustment for merger and acquisition costs — — 315 — 9,245
Adjustment for gain on sale of premises and equipment, net
— — (675) — (675)
Adjusted pre-tax, pre-provision income
$ 31,173 $ 30,051 $ 29,110 $ 89,854 $ 78,323
Efficiency Ratio:
For the
Three Months Ended For the
Nine Months Ended
(Dollars in thousands) September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Non-interest expense, as presented $ 37,492 $ 37,358 $ 35,927 $ 110,558 $ 117,974
Adjustment for merger and acquisition costs
— — (315) — (9,245)
Adjustment for amortization of core deposit intangible assets (1,354) (1,354) (1,473) (4,062) (4,419)
Adjusted non-interest expense $ 36,138 $ 36,004 $ 34,139 $ 106,496 $ 104,310
Net interest income, as presented $ 55,419 $ 52,939 $ 51,272 $ 160,716 $ 149,339
Adjustment for the effect of tax-exempt income(1)
242 229 344 696 982
Adjusted net interest income
55,661 53,168 51,616 161,412 150,321
Non-interest income, as presented 13,246 14,470 14,125 39,696 38,388
Adjustment for gain on sale of premises and equipment, net
— — (675) — (675)
Adjusted non-interest income
13,246 14,470 13,450 39,696 37,713
Adjusted net interest income plus non-interest income
$ 68,907 $ 67,638 $ 65,066 $ 201,108 $ 188,034
GAAP efficiency ratio
54.60 % 55.42 % 54.94 % 55.17 % 62.84 %
Non-GAAP efficiency ratio 52.44 % 53.23 % 52.47 % 52.95 % 55.47 %
(1) Reported on a tax-equivalent basis using a 21% income tax rate.
Return on Average Tangible Equity and Adjusted Return on Average Tangible Equity:
For the
Three Months Ended For the
Nine Months Ended
(Dollars in thousands) September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Return on Average Tangible Equity:
Net income, as presented $ 22,821 $ 23,021 $ 21,194 $ 67,725 $ 42,601
Adjustment for amortization of core deposit intangible assets 1,354 1,354 1,473 4,062 4,419
Tax impact of above adjustment(1)
(311) (311) (339) (934) (1,016)
Net income, adjusted for amortization of core deposit intangible assets $ 23,864 $ 24,064 $ 22,328 $ 70,853 $ 46,004
Average equity, as presented $ 732,683 $ 714,769 $ 659,628 $ 717,696 $ 643,201
Adjustment for average goodwill and core deposit intangible assets (190,803) (192,126) (196,279) (192,151) (198,072)
Average tangible equity $ 541,880 $ 522,643 $ 463,349 $ 525,545 $ 445,129
Return on average equity 12.36 % 12.92 % 12.75 % 12.62 % 8.86 %
Return on average tangible equity 17.47 % 18.47 % 19.12 % 18.03 % 13.82 %
Adjusted Return on Average Tangible Equity:
Adjusted net income (refer to the "Adjusted Net Income" non-GAAP reconciliation table)
$ 22,821 $ 23,021 $ 20,917 $ 67,725 $ 51,848
Adjustment for amortization of core deposit intangible assets 1,354 1,354 1,473 4,062 4,419
Tax impact of above adjustment(1)
(311) (311) (339) (934) (1,016)
Adjusted net income, adjusted for amortization of core deposit intangible assets
$ 23,864 $ 24,064 $ 22,051 $ 70,853 $ 55,251
Adjusted return on average tangible equity
17.47 % 18.47 % 18.88 % 18.03 % 16.60 %
(1) Calculated using an estimated combined marginal income tax rate of 23%.
Core Net Interest Margin (fully-taxable equivalent):
For the
Three Months Ended For the
Nine Months Ended
September 30,
2026 June 30,
2026 September 30,
2025 September 30,
2026 September 30,
2025
Net interest margin, tax-equivalent, as presented 3.41 % 3.26 % 3.16 % 3.30 % 3.09 %
Net accretion income on loans from purchase accounting(1)
(0.25) % (0.23) % (0.27) % (0.24) % (0.30) %
Net accretion income on investments from purchase accounting(2)
(0.07) % (0.07) % (0.08) % (0.07) % (0.07) %
Net amortization on time deposits and borrowings from purchase accounting(3)
0.01 % 0.01 % 0.01 % 0.01 % 0.01 %
Core net interest margin (fully-taxable equivalent)
3.10 % 2.97 % 2.82 % 3.00 % 2.73 %
(1) Recognized $3.4 million, $10.4 million and $3.3 million of net accretion income on loans from purchase accounting for the three and nine months ended September 30, 2026 and three months ended June 30, 2026, respectively, and $3.8 million and $12.4 million for the three and nine months ended September 30, 2025, respectively.
(2) Recognized $875,000, $2.5 million and $818,000 of net accretion income on investments from purchase accounting for the three and nine months ended September 30, 2026, and three months ended June 30, 2026, respectively, and $937,000 and $2.6 million for the three and nine months ended September 30, 2025, respectively.
(3) Recognized $75,000, $225,000 and $75,000 of amortization expense on borrowings from purchase accounting for the three and nine months ended September 30, 2026 and three months ended June 30, 2026, respectively, and $132,000 and $394,000 of amortization expense on time deposits and borrowings from purchase accounting for the three and nine months ended September 30, 2025.
Tangible Book Value Per Share and Tangible Common Equity Ratio:
(In thousands, except number of shares, per share data and ratios) September 30,
2026 June 30,
2026 September 30,
2025
Tangible Book Value Per Share:
Shareholders' equity, as presented $ 720,641 $ 725,926 $ 676,444
Adjustment for goodwill and core deposit intangible assets (190,023) (191,377) (195,558)
Tangible shareholders' equity $ 530,618 $ 534,549 $ 480,886
Shares outstanding at period end 16,898,044 16,896,273 16,922,225
Book value per share $ 42.65 $ 42.96 $ 39.97
Tangible book value per share $ 31.40 $ 31.64 $ 28.42
Tangible Common Equity Ratio:
Total assets $ 7,053,049 $ 6,950,980 $ 6,981,522
Adjustment for goodwill and core deposit intangible assets (190,023) (191,377) (195,558)
Tangible assets $ 6,863,026 $ 6,759,603 $ 6,785,964
Common equity ratio 10.22 % 10.44 % 9.69 %
Tangible common equity ratio 7.73 % 7.91 % 7.09 %
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Document and Entity Information Document
Oct. 27, 2026
Entity Information [Line Items]
Document Type
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Document Period End Date
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Entity File Number
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Entity Tax Identification Number
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- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
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Namespace Prefix:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
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Namespace Prefix:
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Balance Type:
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X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
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Namespace Prefix:
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Data Type:
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Balance Type:
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Period Type:
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- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
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