Glacier Bancorp, Inc. (GBCI) Financial Statements (2023 and Earlier)

Company Profile

Business Address 49 COMMONS LOOP
KALISPELL, MT 59901
State of Incorp. MT
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments438633331204200153193
Cash and cash equivalents438633331204200153193
Total current assets:438633331204200153193
Noncurrent Assets
Finance lease, right-of-use asset56 
Operating lease, right-of-use asset4547 
Property, plant and equipment322273310242177176194
Intangible assets, net (including goodwill)1,038570520339192159155
Goodwill985514456290178147141
Intangible assets, net (excluding goodwill)52566349141215
Deferred income tax assets28  
Total noncurrent assets:1,438895830580369336349
Other undisclosed assets24,06516,97612,52311,3319,1378,9628,547
TOTAL ASSETS:25,94118,50413,68412,1159,7069,4519,089
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt1,0211,005601682564515609
Total current liabilities:1,0211,005601682564515609
Noncurrent Liabilities
Long-term debt and lease obligation5252 0000
Finance lease, liability66 
Capital lease obligations0000
Operating lease, liability4647 
Liabilities, other than long-term debt 2428112820 
Deferred income tax liabilities 24 
Qualified affordable housing project investments, commitment  28112820 
Total noncurrent liabilities:9976281228200
Other undisclosed liabilities21,64415,11611,0949,9067,9167,7997,404
Total liabilities:22,76316,19711,72310,6008,5078,3348,013
Stockholders' equity
Stockholders' equity attributable to parent, including:3,1782,3071,9611,5161,1991,1171,077
Additional paid in capital2,3391,4951,3791,051798749736
Accumulated other comprehensive income (loss)2714340(9)(2)(7)2
Retained earnings810668541473402374338
Other undisclosed stockholders' equity attributable to parent1111111
Total stockholders' equity:3,1782,3071,9611,5161,1991,1171,077
TOTAL LIABILITIES AND EQUITY:25,94118,50413,68412,1159,7069,4519,089

Income Statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues621628509409395353317
Gain on disposition of assets for financial service operations621014826
Net investment income559527461382293254229
Financial services revenue1029988
Cost of revenue(23)(40)(0)(10)(11)(2)(2)
Provision for loan, lease, and other losses(23)(40)(0)(10)
Financial services costs(11)(2)(2)
Gross profit:598588509399384351314
Operating expenses(112)(105)(96)(85)(227)(217)(195)
Other operating income, net
(Noninterest Income, Other Operating Income)
111291110811
Operating income:497496422325167142130
Interest and debt expense(19)(27)(43)(36)(30)(30)(29)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (140)(120)(67)444950
Income from continuing operations before equity method investments, income taxes:479328259222181161150
Other undisclosed loss from continuing operations before income taxes(129)      
Income from continuing operations before income taxes:349328259222181161150
Income tax expense(65)(62)(49)(40)(65)(40)(34)
Net income available to common stockholders, diluted:285266211182116121116

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:285266211182116121116
Other comprehensive income (loss)(116)10350(7)6(9)(16)
Comprehensive income, net of tax, attributable to parent:169369260174122112100

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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