Please wait while we load the requested 10-Q report or click the link below:
https://last10k.com/sec-filings/report/868671/000086867121000046/gbci-20210331.htm
SEC Filings
GBCI Annual Reports
10-K Annual Report February 2022
10-K Annual Report March 2021
10-K Annual Report February 2020
10-K Annual Report February 2019
10-K Annual Report February 2018
10-K Annual Report February 2017
10-K Annual Report February 2016
10-K Annual Report February 2015
10-K Annual Report February 2014
10-K Annual Report February 2013
10-K Annual Report February 2022
10-K Annual Report March 2021
10-K Annual Report February 2020
10-K Annual Report February 2019
10-K Annual Report February 2018
10-K Annual Report February 2017
10-K Annual Report February 2016
10-K Annual Report February 2015
10-K Annual Report February 2014
10-K Annual Report February 2013
GBCI Quarterly Reports
GBCI Corporate News
Earnings Release
Financial Exhibit January 2023
Financial Exhibit
Regulated Disclosure October 2022
Event for Officers
Financial Exhibit
Regulated Disclosure October 2022
Earnings Release
Financial Exhibit October 2022
Financial Exhibit
Regulated Disclosure September 2022
Earnings Release
Financial Exhibit July 2022
Financial Exhibit
Regulated Disclosure May 2022
Bylaw Change
Financial Exhibit
Vote of Security Holders April 2022
Earnings Release
Financial Exhibit April 2022
Financial Exhibit
Regulated Disclosure February 2022
Earnings Release
Financial Exhibit
Financial Exhibit
January 2023
Financial Exhibit
Regulated Disclosure
Regulated Disclosure
October 2022
Event for Officers
Financial Exhibit
Regulated Disclosure
Financial Exhibit
Regulated Disclosure
October 2022
Earnings Release
Financial Exhibit
Financial Exhibit
October 2022
Financial Exhibit
Regulated Disclosure
Regulated Disclosure
September 2022
Earnings Release
Financial Exhibit
Financial Exhibit
July 2022
Financial Exhibit
Regulated Disclosure
Regulated Disclosure
May 2022
Bylaw Change
Financial Exhibit
Vote of Security Holders
Financial Exhibit
Vote of Security Holders
April 2022
Earnings Release
Financial Exhibit
Financial Exhibit
April 2022
Financial Exhibit
Regulated Disclosure
Regulated Disclosure
February 2022
Last10K.com | 10-Q Quarterly Report Mon May 03 2021
NEWS RELEASE
April 22, 2021
| FOR IMMEDIATE RELEASE | CONTACT: Randall M. Chesler, CEO | ||||
| (406) 751-4722 | |||||
| Ron J. Copher, CFO | |||||
| (406) 751-7706 | |||||
GLACIER BANCORP, INC. ANNOUNCES
RESULTS FOR THE QUARTER ENDED MARCH 31, 2021
1st Quarter 2021 Highlights:
•Net income of $80.8 million, an increase of $37.5 million, or 86 percent, over the prior year first quarter net income of $43.3 million.
•Diluted earnings per share of $0.85, an increase of 85 percent from the prior year first quarter diluted earnings per share of $0.46.
•Gain on sale of loans of $21.6 million, increased $9.8 million, or 82 percent, compared to the prior year first quarter.
•Non-interest expense of $96.6 million, decreased $14.6 million, or 13 percent, compared to the prior quarter and increased $1.1 million, or 1 percent, from the prior year first quarter.
•Bank loan modifications related to the coronavirus disease of 2019 (“COVID-19”) decreased $13.5 million from the prior quarter and decreased $1.433 billion from the second quarter of 2020 to $81.3 million, or 79 basis points of loans excluding the Payroll Protection Program (“PPP”) loans.
•Non-performing assets as a percentage of subsidiary assets was 0.19 percent, which compared to 0.19 percent in the prior quarter and 0.26 percent in the prior year first quarter.
•Core deposits increased $1.307 billion, or 35 percent annualized, during the current quarter and increased $4.571 billion, or 40 percent, from the prior year first quarter.
•The loan portfolio increased $147 million, or 5 percent annualized, in the current quarter and increased $1.182 billion, or 12 percent, from the prior year first quarter.
•The Company funded 6,500 PPP loans in the amount of $487 million during the current quarter.
•The Company received $426 million in PPP loan forgiveness from the U.S. Small Business Administration (“SBA”) during the current quarter.
•Declared a quarterly dividend of $0.31 per share, an increase of $0.01 per share or 3 percent over the prior quarter regular dividend. The Company has declared 144 consecutive quarterly dividends and has increased the dividend 47 times.
1
The following information was filed by Glacier Bancorp Inc (GBCI) on Thursday, April 22, 2021 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
View differences made from one quarter to another to evaluate Glacier Bancorp Inc's financial trajectory
Compare this 10-Q Quarterly Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Glacier Bancorp Inc.
Assess how Glacier Bancorp Inc's management team is paid from their Annual Proxy
Glacier Bancorp Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:
- Voting Procedures
- Board Members
- Executive Team
- Salaries, Bonuses, Perks
- Peers / Competitors
SEC Filing Tools
Rating
Learn More
Filter Sentiment:
Filter Category:
Filter Subcategory:
-
Financial - Earnings Highlight
The core net interest margin decreased 20 basis points in the current quarter and decreased 74 basis points from the prior year first quarter due to a decrease in earning asset yields.
-
Other - Other Highlight
61 Allowance for Credit Losses - Loans Receivable On January 1, 2020, the Company adopted Financial Accounting Standards Board ("FASB") Accounting Standards Updates ("ASU") 2016-13, Financial Instruments - Credit Losses, which significantly changed the allowance for credit loss accounting policies.
-
Financial - Cash Flow Highlight
providing for an adequate cushion of liquidity to meet unanticipated cash flow needs that may arise from potential adverse circumstances ranging from high probability/low severity events to low probability/high severity; and 3.
-
Financial - Shares Highlight
Conversely, the Company may decide to utilize a portion of its strong capital position, as it has done in the past, to repurchase shares of its outstanding common stock, depending on market price and other relevant considerations.
-
Financial - Expense Highlight
FHLB advances and certain other short-term borrowings may be renewed as long-term borrowings to decrease certain risks such as liquidity or interest rate risk; however, the reduction in risks are weighed against the increased cost of funds and other risks.
-
Financial - Income
72 The following table summarizes...Read more
-
Other - Other
The last twelve months unprecedented...Read more
-
Financial - Income
Other income of $2.6 million...Read more
-
Financial - Earnings
Diluted earnings per share for...Read more
-
Revenue - Product
Excluding the current year impact...Read more
-
Other - Other
The allowance for credit losses...Read more
-
Other - Other
Effective liquidity management entails three...Read more
-
Financial - Shares
Tangible stockholders' equity increased $168...Read more
-
M & A - Other
The higher levels of provision...Read more
-
Financial - Expense
The following table summarizes the...Read more
-
Financial - Earnings
The core net interest margin,...Read more
-
Financial - Expense
Total interest expense decreased from...Read more
-
Financial - Expense
Excluding the impact from the...Read more
-
Revenue - Product
The current and prior quarter...Read more
-
Other - Other
The following table illustrates the...Read more
-
Revenue - Product
During the current quarter, the...Read more
-
Revenue - Geography
The following table provides information...Read more
-
Financial - Income
The current quarter interest income...Read more
-
Financial - Expense
The determination of the allowance...Read more
-
Financial - Income
Interest income and interest expense,...Read more
-
Revenue - Geography
Administered by the Community Development...Read more
-
Financial - Income
The income recognized in the...Read more
-
Financial - Expense
Short-term borrowings are accompanied by...Read more
-
Other - Other
57 Most of the Company's...Read more
-
Financial - Dividend
The dividend was payable April...Read more
-
Other - Other
______________________________ 1 Mortgage-backed securities, which...Read more
-
Financial - Debt
The Company monitors liquidity and...Read more
-
Financial - Shares
Based on the Company's evaluation...Read more
-
Financial - Expense
Non-interest Expense The following table...Read more
-
Other - Other
69 Short-term borrowings A critical...Read more
-
Other - Other
The Company evaluates its potential...Read more
-
Other - Other
The increase in the fee...Read more
-
Revenue - Product
Based on an analysis of...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-Q Quarterly Report
Cover
Unaudited Condensed Consolidated Statements Of Cash Flows
Unaudited Condensed Consolidated Statements Of Changes In Stockholders' Equity
Unaudited Condensed Consolidated Statements Of Changes In Stockholders' Equity (Parenthetical)
Unaudited Condensed Consolidated Statements Of Comprehensive Income
Unaudited Condensed Consolidated Statements Of Financial Condition
Unaudited Condensed Consolidated Statements Of Financial Condition (Parenthetical)
Unaudited Condensed Consolidated Statements Of Operations
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) (Details)
Accumulated Other Comprehensive Income (Loss) (Tables)
Debt Securities
Debt Securities (Tables)
Debt Securities - Afs Debt Securities In An Unrealized Loss Position (Details)
Debt Securities - Amortized Cost, Gross Unrealized Gains And Losses And Fair Value Of Investment Securities (Details)
Debt Securities - Credit Quality Indictors For Htm Debt Securities (Details)
Debt Securities - Maturity Schedule (Details)
Debt Securities - Narrative (Details)
Debt Securities - Proceeds From Sales And Calls Of Debt Securities And Associates Gains Or Losses (Details)
Derivatives And Hedging Activities
Derivatives And Hedging Activities (Details)
Derivatives And Hedging Activities (Tables)
Derivatives And Hedging Activities - Interest Rate Swap Gains Or Losses (Details)
Earnings Per Share
Earnings Per Share (Details)
Earnings Per Share (Tables)
Fair Value Measurements - Narrative (Details)
Fair Value Of Assets And Liabilities
Fair Value Of Assets And Liabilities (Tables)
Fair Value Of Assets And Liabilities - Carrying Amount And Estimated Fair Value Of Financial Instruments Not Carried At Fair Value (Details)
Fair Value Of Assets And Liabilities - Fair Value Measurements On A Non-Recurring Basis (Details)
Fair Value Of Assets And Liabilities - Fair Value Measurements On A Recurring Basis (Details)
Fair Value Of Assets And Liabilities - Quantitative Information About Level 3 Fair Value Measurements (Details)
Goodwill
Goodwill (Details)
Goodwill (Tables)
Goodwill - Changes In The Carrying Value Of Goodwill (Details)
Leases
Leases (Tables)
Leases - Components Of Lease Expense (Details)
Leases - Maturities Of Lease Liabilities (Details)
Leases - Summary (Details)
Leases - Supplemental Cash Flow Information (Details)
Loan Servicing
Loan Servicing (Tables)
Loan Servicing - Schedule Of Changes In Carrying Value Of Mortgage Servicing Rights (Details)
Loans Receivable, Net
Loans Receivable, Net (Details)
Loans Receivable, Net (Tables)
Loans Receivable, Net - Acl Activity (Details)
Loans Receivable, Net - Aging Analysis (Details)
Loans Receivable, Net - Collateral-Dependent Loans (Details)
Loans Receivable, Net - Credit Quality Indicators For Commercial Loans (Details)
Loans Receivable, Net - Credit Quality Indicators For Rre And Consumer Loans (Details)
Loans Receivable, Net - Summary Of Loans Receivable (Details)
Loans Receivable, Net - Troubled Debt Restructurings (Details)
Nature Of Operations And Summary Of Significant Accounting Policies
Nature Of Operations And Summary Of Significant Accounting Policies (Details)
Nature Of Operations And Summary Of Significant Accounting Policies (Policies)
Other Expenses
Other Expenses (Details)
Other Expenses (Tables)
Securities Sold Under Agreements To Repurchase
Securities Sold Under Agreements To Repurchase (Details)
Securities Sold Under Agreements To Repurchase (Tables)
Securities Sold Under Agreements To Repurchase - Carrying Value Of Repurchase Agreements (Details)
Variable Interest Entities
Variable Interest Entities (Details)
Variable Interest Entities (Tables)
Variable Interest Entities - Amortization Expense And Tax Credits And Other Tax Benefits (Details)
Variable Interest Entities - Future Unfunded Contingent Commitments (Details)
Variable Interest Entities - Vie Carrying Amounts Included In Financial Statements (Details)
Material Contracts, Statements, Certifications & more
Glacier Bancorp Inc provided additional information to their SEC Filing as exhibits
Ticker: GBCI
CIK: 868671
Form Type: 10-Q Quarterly Report
Accession Number: 0000868671-21-000046
Submitted to the SEC: Mon May 03 2021 4:34:43 PM EST
Accepted by the SEC: Mon May 03 2021
Period: Wednesday, March 31, 2021
Industry: State Commercial Banks
External Resources:
Stock Quote
Social Media
Bookmark the Permalink: https://last10k.com/sec-filings/gbci/0000868671-21-000046.htm
SEC Filing Exhibit
PDF Download
Loading SEC Filing Exhibit...
Excel DownloadLoading SEC Filing Financial Summary...