XML 60 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
ASSETS    
Cash and due from banks $ 45,109us-gaap_CashAndDueFromBanks $ 39,997us-gaap_CashAndDueFromBanks
Interest earning deposits with banks 6,621us-gaap_InterestBearingDepositsInBanks 5,576us-gaap_InterestBearingDepositsInBanks
Total cash and cash equivalents 51,730us-gaap_CashAndCashEquivalentsAtCarryingValue 45,573us-gaap_CashAndCashEquivalentsAtCarryingValue
Securities available for sale, at fair value 587,184us-gaap_AvailableForSaleSecurities 575,179us-gaap_AvailableForSaleSecurities
Securities held to maturity (fair value of $216,289 and $197,339, respectively) 214,927us-gaap_HeldToMaturitySecurities 201,328us-gaap_HeldToMaturitySecurities
Total securities 802,111us-gaap_MarketableSecurities 776,507us-gaap_MarketableSecurities
Securities, restricted 10,037us-gaap_RestrictedInvestments 7,034us-gaap_RestrictedInvestments
Loans held for investments 1,338,327us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome 1,013,263us-gaap_LoansAndLeasesReceivableNetOfDeferredIncome
Allowance for loan losses (17,637)us-gaap_LoansAndLeasesReceivableAllowance (16,001)us-gaap_LoansAndLeasesReceivableAllowance
Loans, net 1,320,690us-gaap_LoansAndLeasesReceivableNetReportedAmount 997,262us-gaap_LoansAndLeasesReceivableNetReportedAmount
Premises and equipment, net 32,424us-gaap_PropertyPlantAndEquipmentNet 27,983us-gaap_PropertyPlantAndEquipmentNet
Accrued interest receivable 6,425us-gaap_InterestReceivable 5,648us-gaap_InterestReceivable
Goodwill 9,450us-gaap_Goodwill 2,034us-gaap_Goodwill
Core deposit intangible 842us-gaap_FiniteLivedCoreDepositsGross 190us-gaap_FiniteLivedCoreDepositsGross
Prepaid pension 4,927us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent 8,585us-gaap_DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
Bank owned life insurance 30,644us-gaap_BankOwnedLifeInsurance 10,035us-gaap_BankOwnedLifeInsurance
Other real estate owned   2,242us-gaap_OtherRealEstateAndForeclosedAssets
Other assets 19,373us-gaap_OtherAssets 13,653us-gaap_OtherAssets
Total Assets 2,288,653us-gaap_Assets 1,896,746us-gaap_Assets
LIABILITIES AND STOCKHOLDERS' EQUITY    
Demand deposits 703,130us-gaap_DemandDepositAccounts 582,938us-gaap_DemandDepositAccounts
Savings, NOW and money market deposits 989,287bdge_DepositsSavingsNegotiableOrderOfWithdrawalNOWAndMoneyMarketDeposits 855,246bdge_DepositsSavingsNegotiableOrderOfWithdrawalNOWAndMoneyMarketDeposits
Certificates of deposit of $100,000 or more 83,071us-gaap_TimeDeposits100000OrMore 64,445us-gaap_TimeDeposits100000OrMore
Other time deposits 58,291us-gaap_TimeDepositsLessThan100000 36,450us-gaap_TimeDepositsLessThan100000
Total deposits 1,833,779us-gaap_Deposits 1,539,079us-gaap_Deposits
Federal Funds Purchased 75,000us-gaap_FederalFundsPurchased 64,000us-gaap_FederalFundsPurchased
Federal Home Loan Bank advances 138,327us-gaap_FederalHomeLoanBankAdvancesShortTerm 98,000us-gaap_FederalHomeLoanBankAdvancesShortTerm
Repurchase agreements 36,263us-gaap_SecuritiesSoldUnderAgreementsToRepurchase 11,370us-gaap_SecuritiesSoldUnderAgreementsToRepurchase
Junior subordinated debentures 16,002us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust 16,002us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
Other liabilities and accrued expenses 14,164us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent 8,835us-gaap_OtherAccruedLiabilitiesCurrentAndNoncurrent
Total Liabilities 2,113,535us-gaap_Liabilities 1,737,286us-gaap_Liabilities
Stockholders' equity:    
Common stock, par value $.01 per share: Authorized: 20,000,000 shares; 11,651,398 and 11,317,367 shares issued, respectively; 11,650,405 and 11,307,607 shares outstanding, respectively 117us-gaap_CommonStockValue 113us-gaap_CommonStockValue
Surplus 118,846us-gaap_AdditionalPaidInCapitalCommonStock 111,377us-gaap_AdditionalPaidInCapitalCommonStock
Retained earnings 64,547us-gaap_RetainedEarningsAccumulatedDeficit 61,441us-gaap_RetainedEarningsAccumulatedDeficit
Less: Treasury Stock at cost, 993 and 9,760 shares, respectively (25)us-gaap_TreasuryStockValue (235)us-gaap_TreasuryStockValue
Accumulated other comprehensive loss, net of income tax (8,367)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (13,236)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total stockholders' equity before accumulated other comprehensive income (loss) 183,485bdge_StockholdersEquityBeforeAccumulatedOtherComprehensiveIncomeLoss 172,696bdge_StockholdersEquityBeforeAccumulatedOtherComprehensiveIncomeLoss
Accumulated other comprehensive income (loss):    
Net unrealized (loss) gain on securities, net of deferred income taxes of $0 and $7,895, respectively (3,307)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax (11,994)us-gaap_AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
Pension liability, net of deferred income taxes of $0 and $781, respectively 4,491us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax 1,143us-gaap_AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
Net unrealized loss on cash flow hedge, net of deferred income taxes of $0 and $65, respectively (569)us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax (99)us-gaap_AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
Total Stockholders' Equity 175,118us-gaap_StockholdersEquity 159,460us-gaap_StockholdersEquity
Total Liabilities and Stockholders' Equity $ 2,288,653us-gaap_LiabilitiesAndStockholdersEquity $ 1,896,746us-gaap_LiabilitiesAndStockholdersEquity