2015 Q3 Form 10-Q Financial Statement

#000101617815000021 Filed on August 11, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2015 Q2 2014 Q2
Revenue $6.585M $6.027M $5.758M
YoY Change 17.8% 4.67% 26.3%
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 $250.0K $245.0K $122.0K
YoY Change -39.02% 100.82% -56.27%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit -$156.0K $445.0K $225.0K
YoY Change -185.25% 97.78% -45.65%
Interest Expense $1.109M $1.072M $991.0K
YoY Change 11.79% 8.17% -1.78%
% of Operating Profit 240.9% 440.44%
Other Income/Expense, Net $1.683M $1.421M $2.094M
YoY Change -18.93% -32.14% 93.71%
Pretax Income -$77.00K $458.0K $206.0K
YoY Change -164.17% 122.33% -64.24%
Income Tax $79.00K $13.00K -$16.00K
% Of Pretax Income 2.84% -7.77%
Net Earnings -$563.0K $129.0K $173.0K
YoY Change -993.65% -25.43% -57.8%
Net Earnings / Revenue -8.55% 2.14% 3.0%
Basic Earnings Per Share -$0.15 $0.01 $0.02
Diluted Earnings Per Share -$0.15 $0.01 $0.02
COMMON SHARES
Basic Shares Outstanding 3.696M shares
Diluted Shares Outstanding 3.700M shares 3.700M shares

Balance Sheet

Concept 2015 Q3 2015 Q2 2014 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $149.5M $149.4M $225.9M
YoY Change -27.32% -33.88% -4.97%
Cash & Equivalents $57.67M $45.83M $121.4M
Short-Term Investments $91.85M $103.6M $104.5M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $6.882M $7.016M $7.695M
YoY Change -8.48% -8.82% -8.13%
Goodwill
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 $736.7M $670.8M $644.1M
YoY Change 14.38% 4.14% 1.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $11.80M $11.50M $10.00M
YoY Change 43.9% 15.0% 17.65%
Total Long-Term Liabilities $11.80M $11.50M $10.00M
YoY Change 43.9% 15.0% 17.65%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $11.80M $11.50M $10.00M
Total Liabilities $681.5M $616.5M $591.2M
YoY Change 15.32% 4.28% 1.69%
SHAREHOLDERS EQUITY
Retained Earnings -$44.19M -$44.03M -$44.40M
YoY Change 0.01% -0.83% 0.84%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $417.0K $417.0K $417.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 1.944K shares 1.944K shares 1.944K shares
Shareholders Equity $55.20M $54.30M $53.27M
YoY Change
Total Liabilities & Shareholders Equity $736.7M $670.8M $644.1M
YoY Change 14.38% 4.14% 1.56%

Cashflow Statement

Concept 2015 Q3 2015 Q2 2014 Q2
OPERATING ACTIVITIES
Net Income -$563.0K $129.0K $173.0K
YoY Change -993.65% -25.43% -57.8%
Depreciation, Depletion And Amortization $250.0K $245.0K $122.0K
YoY Change -39.02% 100.82% -56.27%
Cash From Operating Activities $760.0K $782.0K $2.872M
YoY Change -130.89% -72.77% -313.69%
INVESTING ACTIVITIES
Capital Expenditures -$120.0K $187.0K
YoY Change -45.45%
Acquisitions
YoY Change
Other Investing Activities -$53.51M $430.0K -$5.420M
YoY Change 196.95% -107.93% -242.26%
Cash From Investing Activities -$53.63M $238.0K -$5.417M
YoY Change 194.02% -104.39% -242.55%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 64.71M -$6.182M $1.390M
YoY Change 3821.82% -544.75% 85.09%
NET CHANGE
Cash From Operating Activities 760.0K $782.0K $2.872M
Cash From Investing Activities -53.63M $238.0K -$5.417M
Cash From Financing Activities 64.71M -$6.182M $1.390M
Net Change In Cash 11.84M -$5.162M -$1.155M
YoY Change -162.15% 346.93% -136.01%
FREE CASH FLOW
Cash From Operating Activities $760.0K $782.0K $2.872M
Capital Expenditures -$120.0K $187.0K
Free Cash Flow $880.0K $595.0K
YoY Change -139.29%

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FeesAndCommissionsDepositorAccounts
896000 USD
CY2015Q2 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
668000 USD
CY2015Q1 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
57850000 USD
CY2015Q2 us-gaap Financial Instruments Owned Us Government And Agency Obligations At Fair Value
FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue
50708000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3921000 USD
CY2015Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3919000 USD
CY2015Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
556000 USD
CY2015Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
188000 USD
CY2014Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
697000 USD
CY2015 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
1540000 USD
CY2015Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
94000 USD
CY2015Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
466681000 USD
CY2015Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
474916000 USD
CY2015Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
16512000 USD
CY2015Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
16974000 USD
CY2015Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 USD
CY2015Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
474355000 USD
CY2015Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
481873000 USD
CY2015Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
8395000 USD
CY2015Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
8568000 USD
CY2015Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
8838000 USD
CY2015Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
10017000 USD
CY2014Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
4000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
CY2014Q2 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
4000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
CY2014Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
4000 USD
CY2015Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
18000 USD
CY2015Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
11922000 USD
CY2015Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
16596000 USD
CY2015Q1 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
11922000 USD
CY2015Q2 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
16596000 USD
CY2015Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
12428000 USD
CY2015Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
12428000 USD
CY2015Q2 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2015Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
6237000 USD
CY2015Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
6211000 USD
CY2015Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
10432000 USD
CY2015Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
10385000 USD
CY2015Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
12231000 USD
CY2015Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
16669000 USD
CY2015 us-gaap Held To Maturity Securities Unrecognized Holding Gains
HeldToMaturitySecuritiesUnrecognizedHoldingGains
309000 USD
CY2015Q2 us-gaap Held To Maturity Securities Unrecognized Holding Gains
HeldToMaturitySecuritiesUnrecognizedHoldingGains
180000 USD
CY2015 us-gaap Held To Maturity Securities Unrecognized Holding Losses
HeldToMaturitySecuritiesUnrecognizedHoldingLosses
0 USD
CY2015Q2 us-gaap Held To Maturity Securities Unrecognized Holding Losses
HeldToMaturitySecuritiesUnrecognizedHoldingLosses
-107000 USD
CY2015Q2 us-gaap Heldtomaturity Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Loss
HeldtomaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLoss
0 USD
CY2015Q2 us-gaap Heldtomaturity Securities Continuous Unrealized Loss Position Aggregate Loss
HeldtomaturitySecuritiesContinuousUnrealizedLossPositionAggregateLoss
-107000 USD
CY2015Q2 us-gaap Heldtomaturity Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Loss
HeldtomaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLoss
-107000 USD
CY2014Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
17034000 USD
CY2015Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
17303000 USD
CY2014Q2 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
247000 USD
CY2015Q2 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
14000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
16512000 USD
CY2015Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
16974000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
556000 USD
CY2015Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
188000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
17195000 USD
CY2015Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
18817000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
206000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
191000 USD
CY2014Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
16000 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000 USD
CY2014Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
20000 USD
CY2015Q2 us-gaap Income Taxes Paid
IncomeTaxesPaid
30000 USD
CY2014Q2 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
33000 USD
CY2015Q2 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
121000 USD
CY2014Q2 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
9390000 USD
CY2015Q2 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
18818000 USD
CY2014Q2 us-gaap Increase Decrease In Loans Deferred Income
IncreaseDecreaseInLoansDeferredIncome
111000 USD
CY2015Q2 us-gaap Increase Decrease In Loans Deferred Income
IncreaseDecreaseInLoansDeferredIncome
41000 USD
CY2014Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2303000 USD
CY2015Q2 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1240000 USD
CY2014Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1140000 USD
CY2015Q2 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1692000 USD
CY2014Q2 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
0 USD
CY2015Q2 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
14000 USD
CY2014Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
277000 USD
CY2015Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
349000 USD
CY2014Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5758000 USD
CY2015Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
6208000 USD
CY2014Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5162000 USD
CY2015Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5642000 USD
CY2014Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
66000 USD
CY2015Q2 us-gaap Interest And Other Income
InterestAndOtherIncome
34000 USD
CY2015Q1 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
200123000 USD
CY2015Q2 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
215510000 USD
CY2014Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
270000 USD
CY2015Q1 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
30860000 USD
CY2015Q2 us-gaap Interest Bearing Domestic Deposit Checking
InterestBearingDomesticDepositChecking
31577000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
992000 USD
CY2015Q2 us-gaap Interest Expense
InterestExpense
1058000 USD
CY2015Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
282000 USD
CY2014Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
722000 USD
CY2015Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
776000 USD
CY2014Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5547000 USD
CY2015Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5033000 USD
CY2014Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4766000 USD
CY2015Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5150000 USD
CY2014Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
206000 USD
CY2015Q2 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
191000 USD
CY2014Q2 us-gaap Interest Paid
InterestPaid
881000 USD
CY2015Q2 us-gaap Interest Paid
InterestPaid
934000 USD
CY2015Q1 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
2781000 USD
CY2015Q2 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
2902000 USD
CY2014Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
324000 USD
CY2015Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
341000 USD
CY2015Q1 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
113416000 USD
CY2015Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
103641000 USD
CY2015Q1 us-gaap Liabilities
Liabilities
621407000 USD
CY2015Q2 us-gaap Liabilities
Liabilities
616486000 USD
CY2015Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
676386000 USD
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
670774000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7233000 USD
CY2014Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7066000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4477000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4107000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
70555000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Commercial
LoansAndLeasesReceivableCommercial
72784000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Consumer
LoansAndLeasesReceivableConsumer
434000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Consumer
LoansAndLeasesReceivableConsumer
103000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
481463000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
490290000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
483193000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
491890000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
478716000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
487783000 USD
CY2015Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
1500000 USD
CY2015Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
2576000 USD
CY2015Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
2576000 USD
CY2015Q1 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
412204000 USD
CY2015Q2 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
419003000 USD
CY2015Q1 us-gaap Loans Receivable Net
LoansReceivableNet
483193000 USD
CY2015Q2 us-gaap Loans Receivable Net
LoansReceivableNet
491890000 USD
CY2015Q1 us-gaap Marketable Securities
MarketableSecurities
113107000 USD
CY2015Q2 us-gaap Marketable Securities
MarketableSecurities
103568000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
CY2015Q1 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
50731000 USD
CY2015Q1 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
6128000 USD
CY2015Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
1998000 USD
CY2015Q1 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
47000 USD
CY2015Q2 us-gaap Mortgage Backed Securities Available For Sale Fair Value Disclosure
MortgageBackedSecuritiesAvailableForSaleFairValueDisclosure
46000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1390000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-6182000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5417000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
238000 USD
CY2014Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2872000 USD
CY2015Q2 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
782000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
173000 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
178000 USD
CY2014Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
17000 USD
CY2015Q2 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
49822000 USD
CY2014Q2 us-gaap Noninterest Expense
NoninterestExpense
6544000 USD
CY2015Q2 us-gaap Noninterest Expense
NoninterestExpense
6035000 USD
CY2014Q2 us-gaap Noninterest Income
NoninterestIncome
1203000 USD
CY2015Q2 us-gaap Noninterest Income
NoninterestIncome
1193000 USD
CY2015Q1 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
10
CY2015Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
8
CY2014Q2 us-gaap Occupancy Net
OccupancyNet
885000 USD
CY2015Q2 us-gaap Occupancy Net
OccupancyNet
996000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
173000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
178000 USD
CY2015Q1 us-gaap Other Assets
OtherAssets
11266000 USD
CY2015Q2 us-gaap Other Assets
OtherAssets
12298000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1558000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-868000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1558000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-868000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
4000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1562000 USD
CY2015Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-868000 USD
CY2014Q2 us-gaap Other Expenses
OtherExpenses
2094000 USD
CY2015Q2 us-gaap Other Expenses
OtherExpenses
1457000 USD
CY2015Q1 us-gaap Other Liabilities
OtherLiabilities
10243000 USD
CY2015Q2 us-gaap Other Liabilities
OtherLiabilities
11503000 USD
CY2014Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
204000 USD
CY2015Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
335000 USD
CY2015Q1 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
4341000 USD
CY2015Q2 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
3723000 USD
CY2014Q2 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-330000 USD
CY2015Q2 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-1086000 USD
CY2014Q2 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
14721000 USD
CY2015Q2 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
23248000 USD
CY2014Q2 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
5534000 USD
CY2015Q2 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
5118000 USD
CY2014Q2 us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
0 USD
CY2015Q2 us-gaap Payments To Acquire Loans And Leases Held For Investment
PaymentsToAcquireLoansAndLeasesHeldForInvestment
7416000 USD
CY2015Q1 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2015Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2015Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
55000 shares
CY2015Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
45118 shares
CY2015Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
45118 shares
CY2011Q2 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
37000000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
7000000 USD
CY2011Q2 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
55000000 USD
CY2011Q2 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
51400000 USD
CY2014Q2 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
192000 USD
CY2015Q2 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
539000 USD
CY2014Q2 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
13519000 USD
CY2015Q2 us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
20682000 USD
CY2014Q2 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-8000000 USD
CY2015Q2 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-25000000 USD
CY2014Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
784000 USD
CY2015Q2 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
13278000 USD
CY2014Q2 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
CY2015Q2 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
636000 USD
CY2014Q2 us-gaap Professional Fees
ProfessionalFees
88000 USD
CY2015Q2 us-gaap Professional Fees
ProfessionalFees
168000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
190000 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
178000 USD
CY2015Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7075000 USD
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7016000 USD
CY2014Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-781000 USD
CY2015 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-3010000 USD
CY2015Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
117000 USD
CY2015Q1 us-gaap Receivable With Imputed Interest Premium
ReceivableWithImputedInterestPremium
2233000 USD
CY2015Q2 us-gaap Receivable With Imputed Interest Premium
ReceivableWithImputedInterestPremium
2089000 USD
CY2014Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
4000 USD
CY2015Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
0 USD
CY2015Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6354000 USD
CY2015Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6368000 USD
CY2015Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-44206000 USD
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-44029000 USD
CY2014Q2 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
2787000 USD
CY2015Q2 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
2781000 USD
CY2015Q1 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
210000 USD
CY2015Q2 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
204000 USD
CY2014Q2 us-gaap Servicing Fees Net
ServicingFeesNet
95000 USD
CY2015Q2 us-gaap Servicing Fees Net
ServicingFeesNet
172000 USD
CY2014Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1000 USD
CY2015Q2 us-gaap Share Based Compensation
ShareBasedCompensation
-1000 USD
us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
2321286 shares
us-gaap Stock Issued During Period Shares Reverse Stock Splits
StockIssuedDuringPeriodSharesReverseStockSplits
166161 shares
CY2015Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
54979000 USD
CY2015Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
54288000 USD
us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-15
CY2015Q2 us-gaap Trading Securities
TradingSecurities
0 USD
CY2014Q2 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2434000 USD
CY2015Q2 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 USD
CY2015Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
1944 shares
CY2015Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
1944 shares
CY2015Q1 us-gaap Treasury Stock Value
TreasuryStockValue
417000 USD
CY2015Q2 us-gaap Treasury Stock Value
TreasuryStockValue
417000 USD
CY2015Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
-1000 USD
CY2015Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-503000 USD
CY2015Q2 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
-489000 USD
CY2015 us-gaap Unrealized Gain On Securities
UnrealizedGainOnSecurities
411000 USD
CY2015Q2 us-gaap Unrealized Gain On Securities
UnrealizedGainOnSecurities
198000 USD
CY2015 us-gaap Unrealized Loss On Securities
UnrealizedLossOnSecurities
-1147000 USD
CY2015Q2 us-gaap Unrealized Loss On Securities
UnrealizedLossOnSecurities
-2038000 USD
CY2014Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3696225 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
3696420 shares

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a2015630-10q.htm Edgar Link pending
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