2018 Q1 Form 10-Q Financial Statement
#000074336718000085 Filed on May 08, 2018
Income Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
Revenue | $30.78M | $27.32M |
YoY Change | 12.66% | 86.29% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | $180.0K | $368.0K |
YoY Change | -51.09% | 295.7% |
% of Gross Profit | ||
Depreciation & Amortization | $1.050M | $1.000M |
YoY Change | 5.0% | 138.1% |
% of Gross Profit | ||
Operating Expenses | $180.0K | $368.0K |
YoY Change | -51.09% | 295.7% |
Operating Profit | ||
YoY Change | ||
Interest Expense | $7.619M | $4.813M |
YoY Change | 58.3% | 70.19% |
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $9.749M | $5.692M |
YoY Change | 71.28% | -8.22% |
Income Tax | $1.937M | $1.481M |
% Of Pretax Income | 19.87% | 26.02% |
Net Earnings | $7.812M | $4.211M |
YoY Change | 85.51% | -4.43% |
Net Earnings / Revenue | 25.38% | 15.41% |
Basic Earnings Per Share | $0.51 | $0.29 |
Diluted Earnings Per Share | $0.50 | $0.29 |
COMMON SHARES | ||
Basic Shares Outstanding | 15.45M shares | 14.47M shares |
Diluted Shares Outstanding | 15.55M shares | 14.59M shares |
Balance Sheet
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $47.81M | $42.03M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | ||
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $48.46M | $45.58M |
YoY Change | 6.33% | 106.25% |
Goodwill | $100.1M | $99.90M |
YoY Change | 0.18% | |
Intangibles | $8.152M | $9.282M |
YoY Change | -12.17% | |
Long-Term Investments | ||
YoY Change | ||
Other Assets | $9.600M | $14.20M |
YoY Change | -32.39% | |
Total Long-Term Assets | ||
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | ||
Total Long-Term Assets | ||
Total Assets | $3.511B | $3.427B |
YoY Change | 2.44% | 111.25% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | ||
YoY Change | ||
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $599.0M | $616.3M |
YoY Change | -2.81% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $31.60M | $33.60M |
YoY Change | -5.95% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $43.00M | $43.10M |
YoY Change | -0.23% | -87.63% |
Other Long-Term Liabilities | $32.20M | $27.00M |
YoY Change | 19.26% | 280.28% |
Total Long-Term Liabilities | $75.20M | $70.10M |
YoY Change | 7.28% | -80.28% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $31.60M | $33.60M |
Total Long-Term Liabilities | $75.20M | $70.10M |
Total Liabilities | $3.159B | $3.086B |
YoY Change | 2.35% | 111.12% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $144.8M | $131.8M |
YoY Change | 9.85% | |
Common Stock | $219.8M | $218.7M |
YoY Change | 0.5% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $5.214M | $5.828M |
YoY Change | -10.54% | |
Treasury Stock Shares | 969.4K shares | 1.044M shares |
Shareholders Equity | $352.2M | $341.0M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.511B | $3.427B |
YoY Change | 2.44% | 111.25% |
Cashflow Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $7.812M | $4.211M |
YoY Change | 85.51% | -4.43% |
Depreciation, Depletion And Amortization | $1.050M | $1.000M |
YoY Change | 5.0% | 138.1% |
Cash From Operating Activities | $8.867M | $1.002M |
YoY Change | 784.93% | -68.65% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.595M | $1.652M |
YoY Change | -3.45% | -11.42% |
Acquisitions | $0.00 | -$39.54M |
YoY Change | -100.0% | |
Other Investing Activities | $7.960M | -$52.38M |
YoY Change | -115.2% | 33.18% |
Cash From Investing Activities | $6.360M | -$54.03M |
YoY Change | -111.77% | 31.18% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | |
YoY Change | -100.0% | |
Debt Paid & Issued, Net | $18.51M | |
YoY Change | ||
Cash From Financing Activities | -$58.10M | $86.62M |
YoY Change | -167.07% | 143.17% |
NET CHANGE | ||
Cash From Operating Activities | $8.867M | $1.002M |
Cash From Investing Activities | $6.360M | -$54.03M |
Cash From Financing Activities | -$58.10M | $86.62M |
Net Change In Cash | -$42.87M | $33.59M |
YoY Change | -227.64% | -1514.19% |
FREE CASH FLOW | ||
Cash From Operating Activities | $8.867M | $1.002M |
Capital Expenditures | $1.595M | $1.652M |
Free Cash Flow | $7.272M | -$650.0K |
YoY Change | -1218.77% | -148.84% |
Facts In Submission
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CY2018Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
2.00 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
20000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
16428388 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
16428388 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
32857000 | USD |
CY2018Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
32857000 | USD |
CY2017Q1 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
368000 | USD |
CY2018Q1 | us-gaap |
Communications And Information Technology
CommunicationsAndInformationTechnology
|
180000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
4875000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
190000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
972000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Asset Net
ContractWithCustomerAssetNet
|
4175000 | USD |
CY2017Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
342000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
3774000 | USD |
CY2018Q1 | us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
241000 | USD |
CY2017Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
829721000 | USD |
CY2018Q1 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
785216000 | USD |
CY2017Q4 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0166 | |
CY2018Q1 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0196 | |
CY2017Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-237000 | USD |
CY2018Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
0 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
7180000 | USD |
CY2018Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
9627000 | USD |
CY2017Q4 | us-gaap |
Deposits
Deposits
|
2352085000 | USD |
CY2018Q1 | us-gaap |
Deposits
Deposits
|
2341400000 | USD |
CY2017Q4 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
305275000 | USD |
CY2018Q1 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
303777000 | USD |
CY2017Q4 | us-gaap |
Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
|
466610000 | USD |
CY2018Q1 | us-gaap |
Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
|
448992000 | USD |
CY2017Q4 | us-gaap |
Deposits Savings Deposits
DepositsSavingsDeposits
|
364799000 | USD |
CY2018Q1 | us-gaap |
Deposits Savings Deposits
DepositsSavingsDeposits
|
361591000 | USD |
CY2017Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
838000 | USD |
CY2018Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
841000 | USD |
CY2017Q4 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
447000 | USD |
CY2018Q1 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
1171000 | USD |
CY2017Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2870000 | USD |
CY2018Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
2884000 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.29 | |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.50 | |
CY2017Q4 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
38105000 | USD |
CY2018Q1 | us-gaap |
Federal Home Loan Bank Stock
FederalHomeLoanBankStock
|
38105000 | USD |
CY2017Q1 | us-gaap |
Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
|
1773000 | USD |
CY2018Q1 | us-gaap |
Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
|
2224000 | USD |
CY2017Q1 | us-gaap |
Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
|
2864000 | USD |
CY2018Q1 | us-gaap |
Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
|
2962000 | USD |
CY2017Q1 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
4 | modification |
CY2018Q1 | us-gaap |
Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
|
10 | modification |
CY2017Q1 | us-gaap |
Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
|
691000 | USD |
CY2018Q1 | us-gaap |
Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
|
1550000 | USD |
CY2017Q1 | us-gaap |
Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
|
693000 | USD |
CY2018Q1 | us-gaap |
Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
|
1727000 | USD |
CY2017Q4 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
14318000 | USD |
CY2018Q1 | us-gaap |
Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
|
20339000 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-95000 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-95000 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | USD |
CY2017Q4 | us-gaap |
Goodwill
Goodwill
|
100085000 | USD |
CY2018Q1 | us-gaap |
Goodwill
Goodwill
|
100085000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
5692000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
9749000 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1481000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1937000 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
296000 | USD |
CY2018Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
45000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
-26495000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
-10740000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
|
-7372000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
|
0 | USD |
CY2017Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
120126 | shares |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
104631 | shares |
CY2017Q1 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
364000 | USD |
CY2018Q1 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
0 | USD |
CY2017Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
8383000 | USD |
CY2018Q1 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
8152000 | USD |
CY2017Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
26185000 | USD |
CY2018Q1 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
30777000 | USD |
CY2017Q1 | us-gaap |
Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
|
4991000 | USD |
CY2018Q1 | us-gaap |
Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
|
5651000 | USD |
CY2017Q1 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
21194000 | USD |
CY2018Q1 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
25126000 | USD |
CY2017Q4 | us-gaap |
Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
|
56423000 | USD |
CY2018Q1 | us-gaap |
Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
|
12725000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
4813000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
7619000 | USD |
CY2017Q1 | us-gaap |
Interest Expense Borrowings
InterestExpenseBorrowings
|
2603000 | USD |
CY2018Q1 | us-gaap |
Interest Expense Borrowings
InterestExpenseBorrowings
|
3634000 | USD |
CY2017Q1 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
2210000 | USD |
CY2018Q1 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
3985000 | USD |
CY2017Q1 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
20577000 | USD |
CY2018Q1 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
22363000 | USD |
CY2017Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
21372000 | USD |
CY2018Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
23158000 | USD |
CY2017Q1 | us-gaap |
Interest Paid
InterestPaid
|
4795000 | USD |
CY2018Q1 | us-gaap |
Interest Paid
InterestPaid
|
7740000 | USD |
CY2017Q4 | us-gaap |
Investments
Investments
|
755347000 | USD |
CY2018Q1 | us-gaap |
Investments
Investments
|
756664000 | USD |
CY2017Q4 | us-gaap |
Junior Subordinated Notes
JuniorSubordinatedNotes
|
43033000 | USD |
CY2018Q1 | us-gaap |
Junior Subordinated Notes
JuniorSubordinatedNotes
|
43018000 | USD |
CY2017Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
10321000 | USD |
CY2018Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
10989000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
3210543000 | USD |
CY2018Q1 | us-gaap |
Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
|
1132977000 | USD |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
|
123762000 | USD |
CY2018Q1 | us-gaap |
Loans And Leases Receivable Consumer Real Estate
LoansAndLeasesReceivableConsumerRealEstate
|
119516000 | USD |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
2485613000 | USD |
CY2018Q1 | us-gaap |
Liabilities
Liabilities
|
3158830000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3565184000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3510987000 | USD |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
12325000 | USD |
CY2018Q1 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
12679000 | USD |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
|
1155682000 | USD |
CY2018Q1 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
2464419000 | USD |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
2485613000 | USD |
CY2018Q1 | us-gaap |
Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
|
2464419000 | USD |
CY2017Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
2473288000 | USD |
CY2018Q1 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
2451740000 | USD |
CY2017Q4 | us-gaap |
Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
|
379423000 | USD |
CY2018Q1 | us-gaap |
Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
|
387205000 | USD |
CY2017Q4 | us-gaap |
Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
|
826746000 | USD |
CY2018Q1 | us-gaap |
Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
|
824721000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
180223000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
186229000 | USD |
CY2017Q4 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.0247 | |
CY2018Q1 | us-gaap |
Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
|
0.0265 | |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
86618000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-58099000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-54033000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
6360000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1002000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8867000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
4211000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
7812000 | USD |
CY2017Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
1454076000 | USD |
CY2018Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
0 | USD |
CY2017Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
1406672000 | USD |
CY2018Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
|
0 | USD |
CY2017Q4 | us-gaap |
Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
|
349055000 | USD |
CY2018Q1 | us-gaap |
Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
|
342192000 | USD |
CY2017Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
20831000 | USD |
CY2018Q1 | us-gaap |
Noninterest Expense
NoninterestExpense
|
18852000 | USD |
CY2017Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
5946000 | USD |
CY2018Q1 | us-gaap |
Noninterest Income
NoninterestIncome
|
6238000 | USD |
CY2017Q1 | us-gaap |
Noninterest Income Other
NoninterestIncomeOther
|
546000 | USD |
CY2018Q1 | us-gaap |
Noninterest Income Other
NoninterestIncomeOther
|
606000 | USD |
CY2017Q1 | us-gaap |
Occupancy Net
OccupancyNet
|
2666000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1652000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1595000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
30208000 | USD |
CY2018Q1 | us-gaap |
Occupancy Net
OccupancyNet
|
3073000 | USD |
CY2017Q1 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
664000 | USD |
CY2018Q1 | us-gaap |
Oci Before Reclassifications Net Of Tax Attributable To Parent
OciBeforeReclassificationsNetOfTaxAttributableToParent
|
-7622000 | USD |
CY2017Q4 | us-gaap |
Other Assets
OtherAssets
|
24389000 | USD |
CY2018Q1 | us-gaap |
Other Assets
OtherAssets
|
29793000 | USD |
CY2018Q1 | us-gaap |
Other Assets
OtherAssets
|
24446000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
950000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
|
-10007000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
664000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-7622000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-34000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
|
-41000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
2000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
|
-10000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
286000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
|
-2385000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
-338000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
|
654000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
-198000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
|
155000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
1095000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
|
-10702000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
327000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
|
-2550000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
28737000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
32214000 | USD |
CY2018Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
28978000 | USD |
CY2017Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
5152000 | USD |
CY2018Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
1444000 | USD |
CY2017Q1 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
3052000 | USD |
CY2018Q1 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
3075000 | USD |
CY2017Q1 | us-gaap |
Other Nonrecurring Expense
OtherNonrecurringExpense
|
3112000 | USD |
CY2018Q1 | us-gaap |
Other Nonrecurring Expense
OtherNonrecurringExpense
|
335000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
16388000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
-21033000 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2870000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
2884000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
81574000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
36428000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-39537000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Federal Reserve Stock
PaymentsToAcquireFederalReserveStock
|
5624000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Federal Reserve Stock
PaymentsToAcquireFederalReserveStock
|
0 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
18621000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
23350000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
-18513000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Repayments Of Long Term Debt And Capital Securities
ProceedsFromRepaymentsOfLongTermDebtAndCapitalSecurities
|
6021000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
141555000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-50511000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
81000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
313000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
15000 | USD |
CY2017Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
440000 | USD |
CY2018Q1 | us-gaap |
Professional Fees
ProfessionalFees
|
433000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
47708000 | USD |
CY2018Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
48464000 | USD |
CY2017Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
795000 | USD |
CY2018Q1 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
795000 | USD |
CY2017Q4 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
122000 | USD |
CY2018Q1 | us-gaap |
Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
|
216000 | USD |
CY2017Q1 | us-gaap |
Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
|
0 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
144977000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
150701000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
144793000 | USD |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5186000 | USD |
CY2017Q4 | us-gaap |
Senior Notes
SeniorNotes
|
786688000 | USD |
CY2018Q1 | us-gaap |
Senior Notes
SeniorNotes
|
742198000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
71000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
379000 | USD |
CY2017Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
649498000 | USD |
CY2018Q1 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
598987000 | USD |
CY2017Q4 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.0143 | |
CY2018Q1 | us-gaap |
Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
|
0.0175 | |
CY2017Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
23288 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
|
16180 | shares |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
181919000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
329000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
15000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
156740000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
341048000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
354641000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
352157000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
1.5 | |
CY2017Q4 | us-gaap |
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
|
0.05 | |
CY2018Q1 | us-gaap |
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
|
0.05 | |
CY2017Q4 | us-gaap |
Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
|
0.081 | |
CY2018Q1 | us-gaap |
Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
|
0.082 | |
CY2018Q1 | us-gaap |
Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
|
13647000 | USD |
CY2017Q4 | us-gaap |
Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
|
406295000 | USD |
CY2018Q1 | us-gaap |
Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
|
474956000 | USD |
CY2017Q4 | us-gaap |
Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
|
115878000 | USD |
CY2017Q4 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.08 | |
CY2018Q1 | us-gaap |
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
|
0.08 | |
CY2017Q4 | us-gaap |
Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
|
0.122 | |
CY2018Q1 | us-gaap |
Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
|
0.123 | |
CY2017Q4 | us-gaap |
Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
|
134000 | USD |
CY2018Q1 | us-gaap |
Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
|
27000 | USD |
CY2017Q4 | us-gaap |
Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
|
13685000 | USD |
CY2018Q1 | us-gaap |
Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
|
19617000 | USD |
CY2017Q4 | us-gaap |
Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
|
24459000 | USD |
CY2018Q1 | us-gaap |
Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
|
102272000 | USD |
CY2017Q4 | us-gaap |
Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
|
305895000 | USD |
CY2018Q1 | us-gaap |
Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
|
274329000 | USD |
CY2017Q4 | us-gaap |
Time Deposits
TimeDeposits
|
866346000 | USD |
CY2018Q1 | us-gaap |
Time Deposits
TimeDeposits
|
884848000 | USD |
CY2017Q4 | us-gaap |
Time Deposits100000 Or More
TimeDeposits100000OrMore
|
286490000 | USD |
CY2018Q1 | us-gaap |
Time Deposits100000 Or More
TimeDeposits100000OrMore
|
297802000 | USD |
CY2017Q4 | us-gaap |
Time Deposits Less Than100000
TimeDepositsLessThan100000
|
579856000 | USD |
CY2018Q1 | us-gaap |
Time Deposits Less Than100000
TimeDepositsLessThan100000
|
587046000 | USD |
CY2017Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
985532 | shares |
CY2018Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
969352 | shares |
CY2017Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5341000 | USD |
CY2018Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5214000 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14591000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14591273 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15552969 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15553000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14471147 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14471000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15448000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15448338 | shares |
CY2018Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-style:italic;font-weight:bold;">Reclassifications: </font><font style="font-family:inherit;font-size:11pt;">Whenever necessary, amounts in the prior years’ financial statements are reclassified to conform to current presentation.  The reclassifications had no impact on net income in the Company’s consolidated income statement.  </font></div></div> |