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Center Bancorp CNOB Accretion (Amortization) of Discounts and Premiums, Investments

Accretion (Amortization) of Discounts and Premiums, Investments at other companies

CTB
Community Trust BancorpCTBI
-$568K+10.6%
Customers Bancorp logo
Customers BancorpCUBI
$1.2M+14.2%
Northwest Bancshares logo
Northwest BancsharesNWBI
$54K+5.9%
Enterprise Financial Services logo
Enterprise Financial ServicesEFSC
-$630K+38.7%
CVB Financial logo
CVB FinancialCVBF
-$2.68M+32.4%
Financial Institutions logo
Financial InstitutionsFISI
$2M+108%

Other financials

Income statement

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Revenue$73.4M
Net income$37.8M+86.8%
EPS (diluted)$0.75

Balance sheet

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Cash & equivalents$344.5M+17.7%
Total debt$858.0M+36.7%
Total equity$1.6B+27.0%
Total assets$14.2B+45.6%

Cash flow

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Operating cash flow$15.3M+2.9%
CapEx$1.3M+389%
Free cash flow$14.0M-4.1%

Valuation

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Market cap$1.78B+53.6%
Enterprise value$2.3B+66.1%
P/E18.2×-12.8×

Profitability

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Net margin44.8%
FCF margin57.3%

Returns & leverage

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Return on equity6.9%+0.7pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by Center Bancorp in its filing.

Tagged under the XBRL concept us-gaap:AccretionAmortizationOfDiscountsAndPremiumsInvestments.

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, 2026Three Months Ended / March 31, 2025
Loans originated for resale(16,949)(6,215)
Proceeds from sale of loans held-for-sale7,5457,088
Increase in cash surrender value of bank owned life insurance(2,951)(1,584)
Accretion of discounts and amortization of premium on available-for-sale securities(224)185
Amortization of subordinated debentures issuance costs186127
Increase in accrued interest receivable(1,712)(1,242)
Net change in operating leases(243)(27)
Increase in other assets(3,502)(5,699)

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FAQ

What is Center Bancorp's accretion (amortization) of discounts and premiums, investments?
Center Bancorp (CNOB) reported accretion (amortization) of discounts and premiums, investments of $224K in Q1 2026.
How has Center Bancorp's accretion (amortization) of discounts and premiums, investments changed year-over-year?
Center Bancorp's accretion (amortization) of discounts and premiums, investments increased by 221.1% year-over-year, from -$185K to $224K.
What is the long-term trend for Center Bancorp's accretion (amortization) of discounts and premiums, investments?
Over 4 years (2021 to 2025), Center Bancorp's accretion (amortization) of discounts and premiums, investments has grown at a -40.5% compound annual growth rate (CAGR), from -$5.97M to $746K.
What does accretion (amortization) of discounts and premiums, investments mean?
This represents the non-cash adjustment to interest income resulting from the accretion of discounts or the amortization of premiums on investment securities. It aligns the yield on the investment portfolio with the effective interest method over the life of the securities. This metric is critical for understanding the true yield generated by the bank's investment portfolio.

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