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Quarterly Financial Information of Center Bancorp, Inc. (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information of Center Bancorp, Inc. (Unaudited)
 
 
2013
 
 
 
4th Quarter
 
3rd Quarter
 
2nd Quarter
 
1st Quarter
 
 
 
(Dollars in Thousands, Except per Share Data)
 
Total interest income
 
$
14,644
 
$
14,541
 
$
13,979
 
$
14,104
 
Total interest expense
 
 
2,778
 
 
2,819
 
 
2,751
 
 
2,734
 
Net interest income
 
 
11,866
 
 
11,722
 
 
11,228
 
 
11,370
 
Provision for loan losses
 
 
350
 
 
—
 
 
—
 
 
—
 
Total other income, net of securities
    gains
 
 
1,307
 
 
1,200
 
 
1,107
 
 
1,526
 
Net securities gains
 
 
449
 
 
343
 
 
600
 
 
319
 
Other expense
 
 
6,459
 
 
6,205
 
 
6,076
 
 
6,538
 
Income before income taxes
 
 
6,813
 
 
7,060
 
 
6,859
 
 
6,677
 
Provision from income taxes
 
 
1,829
 
 
1,966
 
 
1,936
 
 
1,753
 
Net income
 
$
4,984
 
$
5,094
 
$
4,923
 
$
4,924
 
Net income available to common
    stockholders
 
$
4,955
 
$
5,066
 
$
4,895
 
$
4,868
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.30
 
$
0.31
 
$
0.30
 
$
0.30
 
Diluted
 
$
0.30
 
$
0.31
 
$
0.30
 
$
0.30
 
Weighted average common shares
    outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
 
16,350,183
 
 
16,349,480
 
 
16,348,915
 
 
16,348,215
 
Diluted
 
 
16,396,931
 
 
16,385,155
 
 
16,375,774
 
 
16,373,588
 
 
 
 
2012
 
 
 
4th Quarter
 
3rd Quarter
 
2nd Quarter
 
1st Quarter
 
 
 
(Dollars in Thousands, Except per Share Data)
 
Total interest income
 
$
14,263
 
$
14,118
 
$
13,496
 
$
13,395
 
Total interest expense
 
 
2,841
 
 
2,935
 
 
2,950
 
 
3,050
 
Net interest income
 
 
11,422
 
 
11,183
 
 
10,546
 
 
10,345
 
Provision for loan losses
 
 
100
 
 
225
 
 
(107)
 
 
107
 
Total other income, net of securities
    gains
 
 
1,217
 
 
1,872
 
 
1,091
 
 
1,018
 
Net securities (losses) gains
 
 
(201)
 
 
763
 
 
513
 
 
937
 
Other expense
 
 
6,193
 
 
7,507
 
 
5,690
 
 
5,807
 
Income before income taxes
 
 
6,145
 
 
6,086
 
 
6,567
 
 
6,386
 
Provision from income taxes
 
 
1,676
 
 
1,632
 
 
2,214
 
 
2,155
 
Net income
 
$
4,469
 
$
4,454
 
$
4,353
 
$
4,231
 
Net income available to common
    stockholders
 
$
4,441
 
$
4,426
 
$
4,269
 
$
4,090
 
Earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
$
0.27
 
$
0.27
 
$
0.26
 
$
0.25
 
Diluted
 
$
0.27
 
$
0.27
 
$
0.26
 
$
0.25
 
Weighted average common shares
    outstanding:
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic
 
 
16,347,564
 
 
16,347,088
 
 
16,333,653
 
 
16,332,327
 
Diluted
 
 
16,363,698
 
 
16,362,635
 
 
16,341,767
 
 
16,338,162