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Center Bancorp CNOB CapEx
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Where this comes from
Reported directly by Center Bancorp in its filing.
Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.
The source filing: Center Bancorp’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 4:01 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001437749-26-014866
| (dollars in thousands) | Three Months Ended / March 31, 2026 | Three Months Ended / March 31, 2025 |
|---|---|---|
| Net redemptions of restricted investment in bank stocks | 3,258 | 3,418 |
| Net (increase) decrease in loans | (279,271) | 70,451 |
| Proceeds from bank owned life insurance | - | 278 |
| Purchases of premises and equipment | (1,286) | (263) |
| Net cash (used in) provided by investing activities | (233,083) | 59,175 |
| Cash flows from financing activities | ||
| Net increase (decrease) in deposits | 272,250 | (52,884) |
| Proceeds from FHLB borrowings | 698,003 | 365,000 |
Document
FAQ
- What is Center Bancorp's capex?
- Center Bancorp (CNOB) reported capex of $1.29M in Q1 2026.
- How has Center Bancorp's capex changed year-over-year?
- Center Bancorp's capex increased by 389.0% year-over-year, from $263K to $1.29M.
- What is the long-term trend for Center Bancorp's capex?
- Over 4 years (2021 to 2025), Center Bancorp's capex has grown at a 18.0% compound annual growth rate (CAGR), from $2.78M to $5.39M.
- What does capex mean?
- Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.
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