2017 Q3 Form 10-Q Financial Statement

#000143774917018523 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2016 Q3
Revenue $4.143M $3.967M
YoY Change 4.44% 9.59%
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
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $357.0K $240.0K
YoY Change 48.75% 5.73%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.175M $1.153M
YoY Change 1.91% 28.25%
Income Tax $246.0K $252.0K
% Of Pretax Income 20.94% 21.86%
Net Earnings $929.0K $901.0K
YoY Change 3.11% 23.93%
Net Earnings / Revenue 22.42% 22.71%
Basic Earnings Per Share $0.34 $0.33
Diluted Earnings Per Share $0.34 $0.33
COMMON SHARES
Basic Shares Outstanding 2.725M 2.724M
Diluted Shares Outstanding 2.725M 2.724M

Balance Sheet

Concept 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $14.18M $12.53M
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 $13.29M $13.59M
YoY Change -2.22% 9.58%
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 $471.6M $433.4M
YoY Change 8.82% 4.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.300M $3.500M
YoY Change -5.71% 6.06%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $27.91M $20.55M
YoY Change 35.82% -7.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.300M $3.500M
YoY Change -5.71% 6.06%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.300M $3.500M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $427.4M $389.4M
YoY Change 9.75% 4.48%
SHAREHOLDERS EQUITY
Retained Earnings $30.73M $29.01M
YoY Change 5.94%
Common Stock $14.63M $14.63M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.576M $1.658M
YoY Change -4.95%
Treasury Stock Shares $124.5K
Shareholders Equity $44.27M $44.02M
YoY Change
Total Liabilities & Shareholders Equity $471.6M $433.4M
YoY Change 8.82% 4.41%

Cashflow Statement

Concept 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $929.0K $901.0K
YoY Change 3.11% 23.93%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $503.0K $581.0K
YoY Change -13.43% -43.1%
INVESTING ACTIVITIES
Capital Expenditures $86.00K $191.0K
YoY Change -54.97% -80.15%
Acquisitions
YoY Change
Other Investing Activities -$9.100M -$540.0K
YoY Change 1585.19% -92.17%
Cash From Investing Activities -$9.181M -$727.0K
YoY Change 1162.86% -90.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.95M 2.498M
YoY Change 418.21% -74.88%
NET CHANGE
Cash From Operating Activities 503.0K 581.0K
Cash From Investing Activities -9.181M -727.0K
Cash From Financing Activities 12.95M 2.498M
Net Change In Cash 4.267M 2.352M
YoY Change 81.42% -24.23%
FREE CASH FLOW
Cash From Operating Activities $503.0K $581.0K
Capital Expenditures $86.00K $191.0K
Free Cash Flow $417.0K $390.0K
YoY Change 6.92% 561.02%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2017Q3 cbkm Issuance Of Treasury Stock For Vested Restricted Stock Awards
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InterestIncomeSecuritiesTaxExempt
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InterestIncomeSecuritiesTaxable
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InterestIncomeSecuritiesTaxable
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InterestPaidNet
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InterestReceivable
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InterestReceivable
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InterestReceivableAndOtherAssets
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InterestReceivableAndOtherAssets
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LaborAndRelatedExpense
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LaborAndRelatedExpense
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LiabilitiesAndStockholdersEquity
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LiabilitiesAndStockholdersEquity
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LoansAndLeasesReceivableAllowance
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LoansAndLeasesReceivableDeferredIncome
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LoansAndLeasesReceivableDeferredIncome
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LoansAndLeasesReceivableGrossCarryingAmount
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LoansAndLeasesReceivableGrossCarryingAmount
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CY2017Q3 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
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LoansAndLeasesReceivableImpairedCommitmentToLend
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CY2017Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
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CY2017Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
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CY2016Q3 us-gaap Marketing And Advertising Expense
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CY2017Q3 us-gaap Net Cash Provided By Used In Financing Activities
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CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
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NoninterestIncome
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CY2017Q3 us-gaap Number Of Reportable Segments
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1
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CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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22000
CY2016Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
25000
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
13000
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
35000
CY2017Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2016Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
179000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
104000
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-423000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
69000
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-279000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-35000
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
144000
CY2017Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
393000
CY2016Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
387000
CY2017Q2 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
71000
CY2017Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
CY2017Q3 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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CY2016Q3 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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PaymentsOfDividendsCommonStock
327000
CY2016Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
327000
CY2017Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
426000
CY2016Q3 us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
3229000
CY2017Q3 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
CY2016Q3 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
1000000
CY2017Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86000
CY2016Q3 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
191000
CY2017Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2017Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
350000
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
350000
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q3 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:Times New Roman, Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-weight: bold;">Reclassifications:</div><div style="display: inline; font-family:Times New Roman, Times, serif;font-size:10pt;"> Certain items in prior financial statements have been reclassified to conform to the current presentation. Any reclassifications had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> impact on prior year net income or shareholders&#x2019; equity.</div></div></div></div>
CY2017Q3 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
CY2016Q3 us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
9700000
CY2017Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
4412000
CY2016Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
5796000
CY2017Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
95000
CY2016Q3 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
95000
CY2017Q3 us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
CY2016Q3 us-gaap Proceeds From Payments For In Interest Bearing Deposits In Banks
ProceedsFromPaymentsForInInterestBearingDepositsInBanks
250000
CY2017Q3 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
3919000
CY2016Q3 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
1417000
CY2017Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1586000
CY2016Q3 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
1789000
CY2017Q3 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
71000
CY2016Q3 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13287000
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13398000
CY2017Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
90000
CY2016Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
136000
CY2017Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
90000
CY2016Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
136000
CY2017Q3 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
16000
CY2016Q3 us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
14615000
CY2017Q3 us-gaap Restricted Investments
RestrictedInvestments
1425000
CY2017Q2 us-gaap Restricted Investments
RestrictedInvestments
1425000
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
30728000
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
30122000
CY2017Q3 us-gaap Short Term Borrowings
ShortTermBorrowings
27905000
CY2017Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
23986000
CY2017Q3 us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
6321
CY2017Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
90000
CY2016Q3 us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
44271000
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
43535000
CY2016Q2 us-gaap Stockholders Equity
StockholdersEquity
43793000
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
44020000
CY2017Q3 us-gaap Taxes Other
TaxesOther
84000
CY2016Q3 us-gaap Taxes Other
TaxesOther
84000
CY2017Q3 us-gaap Time Deposits
TimeDeposits
66629000
CY2017Q2 us-gaap Time Deposits
TimeDeposits
66511000
CY2017Q3 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
CY2016Q3 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
10000
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
124489
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
130606
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
1576000
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
1662000
CY2017Q3 us-gaap Troubled Debt Restructuring Debtor Subsequent Periods Contingent Payments Amount
TroubledDebtRestructuringDebtorSubsequentPeriodsContingentPaymentsAmount
30000
CY2017Q2 us-gaap Troubled Debt Restructuring Debtor Subsequent Periods Contingent Payments Amount
TroubledDebtRestructuringDebtorSubsequentPeriodsContingentPaymentsAmount
33000
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2724997
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2723919
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2724997
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
2723915
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2724997
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2723915
CY2017Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
CY2016Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
4

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