GLACIER BANCORP INC
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
GBCI$48.79-0.6%Stored close · as of Nov 10, 2026
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Consolidated Statements of Financial Condition
| (Dollars in thousands, except per share data) | December 31,2023 | December 31,2022 |
|---|---|---|
| Assets | ||
| Cash on hand and in banks | $246,525 | 300,194 |
| Interest bearing cash deposits | 1,107,817 | 101,801 |
| Cash and cash equivalents | 1,354,342 | 401,995 |
| Debt securities, available-for-sale | 4,785,719 | 5,307,307 |
| Debt securities, held-to-maturity | 3,502,411 | 3,715,052 |
| Total debt securities | 8,288,130 | 9,022,359 |
| Loans held for sale, at fair value | 15,691 | 12,314 |
| Loans receivable | 16,198,082 | 15,246,812 |
| Allowance for credit losses | (192,757) | (182,283) |
| Loans receivable, net | 16,005,325 | 15,064,529 |
| Premises and equipment, net | 421,791 | 398,100 |
| Other real estate owned and foreclosed assets | 1,503 | 32 |
| Accrued interest receivable | 94,526 | 83,538 |
| Deferred tax asset | 159,070 | 193,187 |
| Core deposit intangible, net | 31,870 | 41,601 |
| Goodwill | 985,393 | 985,393 |
| Non-marketable equity securities | 12,755 | 82,015 |
| Bank-owned life insurance | 171,101 | 169,068 |
| Other assets | 201,132 | 181,244 |
| Total assets | $27,742,629 | 26,635,375 |
| Liabilities | ||
| Non-interest bearing deposits | $6,022,980 | 7,690,751 |
| Interest bearing deposits | 13,906,187 | 12,915,804 |
| Securities sold under agreements to repurchase | 1,486,850 | 945,916 |
| Federal Home Loan Bank advances | — | 1,800,000 |
| FRB Bank Term Funding | 2,740,000 | — |
| Other borrowed funds | 81,695 | 77,293 |
| Subordinated debentures | 132,943 | 132,782 |
| Accrued interest payable | 125,907 | 4,331 |
| Other liabilities | 225,786 | 225,193 |
| Total liabilities | 24,722,348 | 23,792,070 |
| Commitments and Contingent Liabilities | — | — |
| Stockholders’ Equity | ||
| Preferred shares, $0.01 par value per share, 1,000,000 shares authorized, none issued or outstanding | — | — |
| Common stock, $0.01 par value per share, 234,000,000 shares authorized | 1,109 | 1,108 |
| Paid-in capital | 2,350,104 | 2,344,005 |
| Retained earnings - substantially restricted | 1,043,181 | 966,984 |
| Accumulated other comprehensive loss | (374,113) | (468,792) |
| Total stockholders’ equity | 3,020,281 | 2,843,305 |
| Total liabilities and stockholders’ equity | $27,742,629 | 26,635,375 |
| Number of common stock shares issued and outstanding | 110,888,942 | 110,777,780 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.