2020 Form 10-K Financial Statement

#000114036121009987 Filed on March 25, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019 Q3
Revenue $53.31M $13.07M
YoY Change 3.1% 11.35%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.090M $200.0K $260.0K
YoY Change 28.24% -60.0% -2700.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $6.153M $2.471M
YoY Change -35.34% 27.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $25.88M $6.381M -$4.963M
YoY Change 71.77% -5.51% -178.59%
Income Tax $6.618M $1.879M $1.556M
% Of Pretax Income 25.57% 29.45%
Net Earnings $19.27M $4.502M -$6.519M
YoY Change 134.24% -19.04% -197.15%
Net Earnings / Revenue 36.14% -49.87%
Basic Earnings Per Share $2.05 $0.45 -$0.64
Diluted Earnings Per Share $2.05 $0.45 -$0.64
COMMON SHARES
Basic Shares Outstanding 9.379M 10.06M 10.15M
Diluted Shares Outstanding 9.379M 10.16M

Balance Sheet

Concept 2020 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $117.1M $110.6M
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 $9.200M $9.624M $8.395M
YoY Change -4.17% 24.13% 7.63%
Goodwill $1.000M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.017B $866.4M $826.8M
YoY Change 17.35% 12.44% 10.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.800M $8.400M $4.100M
YoY Change -54.76% 100.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.800M $8.800M $4.100M
YoY Change -56.82% 44.26% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.800M $8.800M $4.100M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $909.4M $766.3M $726.2M
YoY Change 18.67% 12.35% 8.65%
SHAREHOLDERS EQUITY
Retained Earnings $7.634M $8.161M
YoY Change -5.62%
Common Stock $92.49M $92.45M
YoY Change 15.07%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $107.3M $100.1M $100.6M
YoY Change
Total Liabilities & Shareholders Equity $1.017B $866.4M $826.8M
YoY Change 17.35% 12.44% 10.07%

Cashflow Statement

Concept 2020 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $19.27M $4.502M -$6.519M
YoY Change 134.24% -19.04% -197.15%
Depreciation, Depletion And Amortization $1.090M $200.0K $260.0K
YoY Change 28.24% -60.0% -2700.0%
Cash From Operating Activities $25.24M $4.510M $5.360M
YoY Change 31.57% -34.45% -23.86%
INVESTING ACTIVITIES
Capital Expenditures $438.0K -$1.400M -$410.0K
YoY Change -85.87% 268.42% -327.78%
Acquisitions
YoY Change
Other Investing Activities -$119.2M -$30.92M -$41.55M
YoY Change 13.54% 79.25% -702.17%
Cash From Investing Activities -$119.6M -$32.32M -$41.96M
YoY Change 10.68% 83.43% -691.82%
FINANCING ACTIVITIES
Cash Dividend Paid $7.803M
YoY Change 675.65%
Common Stock Issuance & Retirement, Net $9.076M
YoY Change 243.01%
Debt Paid & Issued, Net $0.00
YoY Change
Cash From Financing Activities 131.2M 34.34M 23.44M
YoY Change 68.3% 196.29% 44.87%
NET CHANGE
Cash From Operating Activities 25.24M 4.510M 5.360M
Cash From Investing Activities -119.6M -32.32M -41.96M
Cash From Financing Activities 131.2M 34.34M 23.44M
Net Change In Cash 36.77M 6.530M -13.16M
YoY Change -435.46% 668.24% -143.42%
FREE CASH FLOW
Cash From Operating Activities $25.24M $4.510M $5.360M
Capital Expenditures $438.0K -$1.400M -$410.0K
Free Cash Flow $24.80M $5.910M $5.770M
YoY Change 54.21% -18.6% -15.89%

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CY2018 us-gaap Impairment Of Long Lived Assets Held For Use
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0
CY2020 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2019 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25884000
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15069000
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25797000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6317000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4963000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6381000
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6101000
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6821000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6830000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6759000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6707000
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
3160000
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
5417000
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
5434000
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6844000
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6618000
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
797000
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1661000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1578000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1556000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1704000
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1048000
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1077000
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
213000
CY2019 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0
CY2020 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0
CY2018 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
3933000
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
309000
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-37000
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-11000
CY2019 us-gaap Income Taxes Paid Net
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6779000
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7731000
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0
CY2018 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
50072000
CY2020 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
148031000
CY2019 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
81580000
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
131782
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
2279
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
385
CY2020 us-gaap Information Technology And Data Processing
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1091000
CY2019 us-gaap Information Technology And Data Processing
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1078000
CY2018 us-gaap Information Technology And Data Processing
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966000
CY2019Q4 us-gaap Intangible Assets Net Including Goodwill
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1789000
CY2020Q4 us-gaap Intangible Assets Net Including Goodwill
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1583000
CY2018 us-gaap Interest And Dividend Income Operating
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46800000
CY2019 us-gaap Interest And Dividend Income Operating
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51709000
CY2020 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
53314000
CY2020Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
7152000
CY2019Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
6115000
CY2020 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
52450000
CY2018 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
44279000
CY2019 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
48200000
CY2020 us-gaap Interest Expense
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6153000
CY2019 us-gaap Interest Expense
InterestExpense
9516000
CY2018 us-gaap Interest Expense
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7169000
CY2018 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
175000
CY2020 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
0
CY2019 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
0
CY2020 us-gaap Interest Expense Deposits
InterestExpenseDeposits
6153000
CY2019 us-gaap Interest Expense Deposits
InterestExpenseDeposits
9516000
CY2018 us-gaap Interest Expense Deposits
InterestExpenseDeposits
6994000
CY2020 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
339000
CY2018 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1933000
CY2019 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1800000
CY2018 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
39431000
CY2020 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
41811000
CY2019 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
42193000
CY2019 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
42193000
CY2018 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
39631000
CY2020 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
47161000
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10657000
CY2020Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11929000
CY2019Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10353000
CY2020Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11432000
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12199000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10583000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10600000
CY2020Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11601000
CY2020 us-gaap Interest Paid Net
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6502000
CY2019 us-gaap Interest Paid Net
InterestPaidNet
9342000
CY2018 us-gaap Interest Paid Net
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7304000
CY2019Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
538262000
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
658945000
CY2020Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
16412000
CY2019Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
30147000
CY2020Q4 us-gaap Letters Of Credit Outstanding Amount
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884000
CY2019Q4 us-gaap Letters Of Credit Outstanding Amount
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1300000
CY2019 us-gaap Labor And Related Expense
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21265000
CY2018 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8113000
CY2020 us-gaap Labor And Related Expense
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10130000
CY2019Q4 us-gaap Liabilities And Stockholders Equity
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866392000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
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1016669000
CY2019Q4 us-gaap Liabilities
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766266000
CY2020Q4 us-gaap Liabilities
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909350000
CY2019 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
8455000
CY2020 us-gaap Loans And Leases Receivable Related Parties Proceeds
LoansAndLeasesReceivableRelatedPartiesProceeds
1055000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9639000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
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7846000
CY2019Q4 us-gaap Loans And Leases Receivable Deferred Income
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1364000
CY2020Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
2475000
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7654000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7832000
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
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708668000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
839088000
CY2019Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
1055000
CY2018Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
6897000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
0
CY2020 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
0
CY2019 us-gaap Loans And Leases Receivable Related Parties Additions
LoansAndLeasesReceivableRelatedPartiesAdditions
2613000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
826974000
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
699458000
CY2019Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
1031000
CY2020Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
324000
CY2020Q4 us-gaap Loans Pledged As Collateral
LoansPledgedAsCollateral
65700000
CY2019 us-gaap Marketing And Advertising Expense
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588000
CY2018 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
553000
CY2020 us-gaap Marketing And Advertising Expense
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400000
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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19180000
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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25235000
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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27001000
CY2019 us-gaap Net Income Loss
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8225000
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25000000
CY2020 us-gaap Net Income Loss
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19266000
CY2019Q2 us-gaap Net Income Loss
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5126000
CY2020Q2 us-gaap Net Income Loss
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5036000
CY2020Q1 us-gaap Net Income Loss
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5051000
CY2019Q1 us-gaap Net Income Loss
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CY2020Q4 us-gaap Net Income Loss
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4739000
CY2019Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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4440000
CY2019Q4 us-gaap Net Income Loss
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4502000
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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131152000
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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77928000
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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38608000
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301000
CY2019Q3 us-gaap Noninterest Income
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509000
CY2020Q4 us-gaap Noninterest Income
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700000
CY2020Q3 us-gaap Noninterest Income
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334000
CY2020Q1 us-gaap Noninterest Income
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330000
CY2019 us-gaap Noninterest Income Other Operating Income
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752000
CY2020 us-gaap Noninterest Income Other Operating Income
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1048000
CY2018 us-gaap Noninterest Income Other Operating Income
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772000
CY2020 us-gaap Number Of Reportable Segments
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1
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219221000
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities
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246569000
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17592000
CY2019 us-gaap Noninterest Expense
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28432000
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14965000
CY2019Q4 us-gaap Noninterest Expense
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4557000
CY2019Q3 us-gaap Noninterest Expense
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16072000
CY2020Q4 us-gaap Noninterest Expense
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4532000
CY2020Q1 us-gaap Noninterest Expense
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4353000
CY2020Q3 us-gaap Noninterest Expense
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4584000
CY2019Q1 us-gaap Noninterest Expense
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3755000
CY2020Q2 us-gaap Noninterest Expense
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4123000
CY2019Q2 us-gaap Noninterest Expense
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4048000
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1665000
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1331000
CY2019 us-gaap Noninterest Income
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1308000
CY2019Q4 us-gaap Noninterest Income
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281000
CY2019Q1 us-gaap Noninterest Income
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223000
CY2019Q2 us-gaap Noninterest Income
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295000
CY2019 us-gaap Occupancy Net
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1677000
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1310000
CY2020 us-gaap Occupancy Net
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1957000
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837000
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770000
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596000
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225000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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46000
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107319000
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9000
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164000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
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909000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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470000
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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4000
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1744000
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1863000
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1793000
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CY2019 us-gaap Payments For Proceeds From Loans And Leases
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107458000
CY2020 us-gaap Payments For Proceeds From Loans And Leases
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132866000
CY2019 us-gaap Payments For Repurchase Of Common Stock
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2646000
CY2018 us-gaap Payments For Repurchase Of Common Stock
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0
CY2020 us-gaap Payments For Repurchase Of Common Stock
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9076000
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56155000
CY2020 us-gaap Payments Of Dividends
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7803000
CY2019 us-gaap Payments Of Dividends
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1006000
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
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438000
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
378000
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3100000
CY2020 us-gaap Payments To Purchase Loans Held For Sale
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8042000
CY2018 us-gaap Payments To Purchase Loans Held For Sale
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8097000
CY2019 us-gaap Payments To Purchase Loans Held For Sale
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8052000
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0.01
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0.01
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0.01
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0
CY2020Q4 us-gaap Preferred Stock Shares Issued
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0
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0
CY2020Q4 us-gaap Preferred Stock Value
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0
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0
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
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0
CY2020Q4 us-gaap Preferred Stock Shares Authorized
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1000000
CY2019Q4 us-gaap Preferred Stock Shares Authorized
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1000000
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1000000
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137000
CY2020 us-gaap Proceeds From Contributed Capital
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0
CY2019 us-gaap Proceeds From Contributed Capital
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0
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47000
CY2019 us-gaap Proceeds From Sale Of Foreclosed Assets
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518000
CY2020 us-gaap Proceeds From Sale Of Foreclosed Assets
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0
CY2018 us-gaap Proceeds From Sale Of Loans Held For Sale
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8185000
CY2020 us-gaap Proceeds From Sale Of Loans Held For Sale
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8924000
CY2019 us-gaap Proceeds From Sale Of Loans Held For Sale
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7697000
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27000
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1336000
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5600000
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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403000
CY2019Q4 us-gaap Property Plant And Equipment Gross
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12819000
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
13195000
CY2019Q4 us-gaap Property Plant And Equipment Net
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9624000
CY2020Q4 us-gaap Property Plant And Equipment Net
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9151000
CY2019 us-gaap Provision For Loan And Lease Losses
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0
CY2020 us-gaap Provision For Loan And Lease Losses
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5350000
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200000
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1250000
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1400000
CY2019Q2 us-gaap Provision For Loan And Lease Losses
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0
CY2020Q1 us-gaap Provision For Loan And Lease Losses
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650000
CY2020Q4 us-gaap Provision For Loan And Lease Losses
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2050000
CY2019Q1 us-gaap Provision For Loan And Lease Losses
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0
CY2019Q4 us-gaap Provision For Loan And Lease Losses
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0
CY2019Q3 us-gaap Provision For Loan And Lease Losses
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0
CY2020 us-gaap Real Estate Owned Valuation Allowance Valuation Increase
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0
CY2018 us-gaap Real Estate Owned Valuation Allowance Valuation Increase
RealEstateOwnedValuationAllowanceValuationIncrease
10000
CY2019 us-gaap Real Estate Owned Valuation Allowance Valuation Increase
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0
CY2019 us-gaap Repayments Of Long Term Debt
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0
CY2019Q4 us-gaap Taxes Payable Current And Noncurrent
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357000
CY2020 us-gaap Repayments Of Long Term Debt
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0
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
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14067000
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
7634000
CY2019 us-gaap Share Based Compensation
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12116000
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
154000
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
771000
CY2020 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
1358000
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
270000
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
1328000
CY2020Q4 us-gaap Statutory Accounting Practices Statutory Amount Available For Dividend Payments Without Regulatory Approval
StatutoryAccountingPracticesStatutoryAmountAvailableForDividendPaymentsWithoutRegulatoryApproval
36800000
CY2018Q3 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
24
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
100126000
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8105856
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9378769
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10145032
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10147311
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9379154
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8237638
CY2020Q4 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
771000
CY2020Q4 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
164753000
CY2020Q4 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
27950000
CY2020Q4 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
18613000
CY2020Q4 us-gaap Time Deposits
TimeDeposits
212138000
CY2019 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
78000
CY2018 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
50000
CY2020 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0
CY2018 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
699000
CY2020 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
241000
CY2019 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
368000
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
0
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000
CY2020Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
13000
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="margin-left: 14.4pt; font-style: italic; font-weight: bold; text-align: justify;">Use of Estimates</div><div style="text-align: justify;">&#160;</div><div style="margin-left: 28.8pt; font-weight: normal; text-align: justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160; Actual results could differ from those estimates.</div><div style="text-align: justify;">&#160;</div><div style="margin-left: 28.8pt; font-weight: normal; text-align: justify;">Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, valuation of other real estate owned, other-than-temporary impairments, income taxes, goodwill and intangibles and fair values of financial instruments.</div></div>
CY2020Q4 bsvn Deferred Tax Liabilities Change In Methodology
DeferredTaxLiabilitiesChangeInMethodology
0
CY2020 dei Amendment Flag
AmendmentFlag
false
CY2020 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020 dei Document Period End Date
DocumentPeriodEndDate
2020-12-31
CY2020 dei Entity Address State Or Province
EntityAddressStateOrProvince
OK
CY2020 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2020 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2020 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2020 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2020Q2 dei Entity Public Float
EntityPublicFloat
31303776
CY2020 dei Entity Registrant Name
EntityRegistrantName
Bank7 Corp.
CY2020 dei Entity Central Index Key
EntityCentralIndexKey
0001746129
CY2021Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
9049422
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2020 dei Document Type
DocumentType
10-K
CY2020 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020 dei Entity Shell Company
EntityShellCompany
false
CY2020 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2020 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2020 dei Entity Small Business
EntitySmallBusiness
false
CY2019 bsvn Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
2327000
CY2020 bsvn Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
118000
CY2018 bsvn Effective Income Tax Rate Reconciliation Permanent Differences
EffectiveIncomeTaxRateReconciliationPermanentDifferences
0
CY2019 bsvn Income Tax Rate Reconciliation Change In Taxable Status From Exempt To Taxable Entity Amount
IncomeTaxRateReconciliationChangeInTaxableStatusFromExemptToTaxableEntityAmount
0
CY2020 bsvn Income Tax Rate Reconciliation Change In Taxable Status From Exempt To Taxable Entity Amount
IncomeTaxRateReconciliationChangeInTaxableStatusFromExemptToTaxableEntityAmount
0
CY2018 bsvn Income Tax Rate Reconciliation Change In Taxable Status From Exempt To Taxable Entity Amount
IncomeTaxRateReconciliationChangeInTaxableStatusFromExemptToTaxableEntityAmount
863000
CY2020Q4 bsvn Deferred Tax Assets Non Accrual Loans
DeferredTaxAssetsNonAccrualLoans
156000
CY2019Q4 bsvn Deferred Tax Assets Non Accrual Loans
DeferredTaxAssetsNonAccrualLoans
60000
CY2019Q4 bsvn Deferred Tax Liabilities Change In Methodology
DeferredTaxLiabilitiesChangeInMethodology
476000
CY2018 bsvn Noncash Stock Contribution
NoncashStockContribution
0
CY2020Q4 bsvn Reserve Funds To Be Maintained With Federal Reserve Bank
ReserveFundsToBeMaintainedWithFederalReserveBank
0
CY2020Q4 bsvn Financing Receivable Recorded Investment Troubled Debt Restructurings
FinancingReceivableRecordedInvestmentTroubledDebtRestructurings
0
CY2019Q4 bsvn Financing Receivable Recorded Investment Troubled Debt Restructurings
FinancingReceivableRecordedInvestmentTroubledDebtRestructurings
912000
CY2020Q4 bsvn Financing Receivable Recorded Investment Non Performing Loans
FinancingReceivableRecordedInvestmentNonPerformingLoans
16535000
CY2019Q4 bsvn Financing Receivable Recorded Investment Non Performing Loans
FinancingReceivableRecordedInvestmentNonPerformingLoans
3333000
CY2020 bsvn Impaired Financing Receivable Interest Income Expense Accrual Method
ImpairedFinancingReceivableInterestIncomeExpenseAccrualMethod
1590000
CY2019 bsvn Impaired Financing Receivable Interest Income Expense Accrual Method
ImpairedFinancingReceivableInterestIncomeExpenseAccrualMethod
895000
CY2018 bsvn Noninterest Income Service Charges On Deposit Accounts
NoninterestIncomeServiceChargesOnDepositAccounts
347000
CY2019 bsvn Noninterest Income Service Charges On Deposit Accounts
NoninterestIncomeServiceChargesOnDepositAccounts
392000
CY2020 bsvn Noninterest Income Service Charges On Deposit Accounts
NoninterestIncomeServiceChargesOnDepositAccounts
442000
CY2019 bsvn Regulatory Assessments
RegulatoryAssessments
126000
CY2018 bsvn Regulatory Assessments
RegulatoryAssessments
542000
CY2020 bsvn Regulatory Assessments
RegulatoryAssessments
506000
CY2020 bsvn Accounting Marketing And Legal Fees
AccountingMarketingAndLegalFees
536000
CY2019 bsvn Accounting Marketing And Legal Fees
AccountingMarketingAndLegalFees
757000
CY2018 bsvn Accounting Marketing And Legal Fees
AccountingMarketingAndLegalFees
305000
CY2020 bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
175000
CY2019 bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
164000
CY2018 bsvn Noninterest Income Secondary Market Income
NoninterestIncomeSecondaryMarketIncome
212000
CY2019 bsvn Interest Bearing Time Deposits In Banks
InterestBearingTimeDepositsInBanks
1709000
CY2018 bsvn Interest Bearing Time Deposits In Banks
InterestBearingTimeDepositsInBanks
588000
CY2020 bsvn Interest Bearing Time Deposits In Banks
InterestBearingTimeDepositsInBanks
525000
CY2019 bsvn Noncash Stock Contribution
NoncashStockContribution
11627000
CY2020 bsvn Noncash Stock Contribution
NoncashStockContribution
0
CY2018 bsvn Proceeds From Repurchase Of Common Stock
ProceedsFromRepurchaseOfCommonStock
50154000
CY2020 bsvn Proceeds From Repurchase Of Common Stock
ProceedsFromRepurchaseOfCommonStock
0
CY2019 bsvn Proceeds From Repurchase Of Common Stock
ProceedsFromRepurchaseOfCommonStock
0
CY2020 bsvn Proceeds From Interest Bearing Time Deposits In Other Banks
ProceedsFromInterestBearingTimeDepositsInOtherBanks
28162000
CY2019 bsvn Proceeds From Interest Bearing Time Deposits In Other Banks
ProceedsFromInterestBearingTimeDepositsInOtherBanks
18583000
CY2018 bsvn Proceeds From Interest Bearing Time Deposits In Other Banks
ProceedsFromInterestBearingTimeDepositsInOtherBanks
3884000
CY2020 bsvn Payments Of Interest Bearing Time Deposits In Other Banks
PaymentsOfInterestBearingTimeDepositsInOtherBanks
14427000
CY2018 bsvn Payments Of Interest Bearing Time Deposits In Other Banks
PaymentsOfInterestBearingTimeDepositsInOtherBanks
5475000
CY2019 bsvn Payments Of Interest Bearing Time Deposits In Other Banks
PaymentsOfInterestBearingTimeDepositsInOtherBanks
16971000
CY2020 bsvn Payment To Acquire Of Nonmarketable Equity Securities
PaymentToAcquireOfNonmarketableEquitySecurities
72000
CY2018 bsvn Payment To Acquire Of Nonmarketable Equity Securities
PaymentToAcquireOfNonmarketableEquitySecurities
6000
CY2019 bsvn Payment To Acquire Of Nonmarketable Equity Securities
PaymentToAcquireOfNonmarketableEquitySecurities
45000
CY2019 bsvn Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
-1064000
CY2018 bsvn Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
1405000
CY2020 bsvn Increase Decrease In Accrued Interest Receivable And Other Assets
IncreaseDecreaseInAccruedInterestReceivableAndOtherAssets
162000
CY2019 bsvn Increase Decrease In Interest Payable And Other Liabilities
IncreaseDecreaseInInterestPayableAndOtherLiabilities
-2388000
CY2020 bsvn Increase Decrease In Interest Payable And Other Liabilities
IncreaseDecreaseInInterestPayableAndOtherLiabilities
-912000
CY2018 bsvn Increase Decrease In Interest Payable And Other Liabilities
IncreaseDecreaseInInterestPayableAndOtherLiabilities
3155000
CY2020 bsvn Payment Period For Transactions Occur
PaymentPeriodForTransactionsOccur
P90D
CY2019Q4 bsvn Interest Payable And Other Liabilities
InterestPayableAndOtherLiabilities
8426000
CY2020Q4 bsvn Interest Payable And Other Liabilities
InterestPayableAndOtherLiabilities
3827000
CY2019Q4 bsvn Nonmarketable Equity Securities
NonmarketableEquitySecurities
1100000
CY2020Q4 bsvn Nonmarketable Equity Securities
NonmarketableEquitySecurities
1172000
CY2020Q4 bsvn Interest Bearing Time Deposits In Denominations Of250000 Or More
InterestBearingTimeDepositsInDenominationsOf250000OrMore
76800000
CY2019Q4 bsvn Interest Bearing Time Deposits In Denominations Of250000 Or More
InterestBearingTimeDepositsInDenominationsOf250000OrMore
57000000
CY2020Q4 bsvn Time Deposits Maturities After Year Four
TimeDepositsMaturitiesAfterYearFour
51000

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