2016 Q4 Form 10-Q Financial Statement

#000119312516764394 Filed on November 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $13.41M $13.37M $13.22M
YoY Change 3.31% 1.11% 13.34%
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 $844.0K $821.0K
YoY Change 2.8% -16.48%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.000M $4.984M $4.412M
YoY Change 9.41% 12.96% 45.37%
Income Tax $1.370M $1.304M $1.159M
% Of Pretax Income 27.4% 26.16% 26.27%
Net Earnings $3.631M $3.680M $3.253M
YoY Change 13.5% 13.13% 41.07%
Net Earnings / Revenue 27.09% 27.52% 24.6%
Basic Earnings Per Share $0.39 $0.41 $0.36
Diluted Earnings Per Share $0.33 $0.34 $0.30
COMMON SHARES
Basic Shares Outstanding 8.239M shares 8.042M 7.844M shares
Diluted Shares Outstanding 10.96M 10.92M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
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 $17.92M $17.34M $16.20M
YoY Change 5.76% 7.04% 11.95%
Goodwill $27.10M $27.10M $27.10M
YoY Change 0.0% 0.0% 24.75%
Intangibles $1.784M $1.943M $2.588M
YoY Change -25.94% -24.92% 18.72%
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 $1.377B $1.372B $1.313B
YoY Change 4.73% 4.49% 11.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $11.70M $13.70M $11.50M
YoY Change -4.1% 19.13% 18.56%
Deferred Revenue
YoY Change
Short-Term Debt $59.90M $21.70M $75.60M
YoY Change -23.89% -71.3% 276.12%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.70M $13.70M $11.50M
YoY Change -4.1% 19.13% 18.56%
LONG-TERM LIABILITIES
Long-Term Debt $29.40M $29.40M $29.40M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $29.40M $29.40M $29.40M
YoY Change 0.0% 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.70M $13.70M $11.50M
Total Long-Term Liabilities $29.40M $29.40M $29.40M
Total Liabilities $1.240B $1.234B $1.190B
YoY Change 4.18% 3.7% 11.62%
SHAREHOLDERS EQUITY
Retained Earnings $19.26M $16.47M $2.884M
YoY Change 263.45% 471.12% -149.85%
Common Stock $119.0M $118.1M $115.3M
YoY Change 3.16% 2.48% 0.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $17.24M $17.24M $17.24M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $748.0K 748.0K shares 748.0K shares
Shareholders Equity $137.6M $138.3M $123.3M
YoY Change
Total Liabilities & Shareholders Equity $1.377B $1.372B $1.313B
YoY Change 4.73% 4.49% 11.11%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $3.631M $3.680M $3.253M
YoY Change 13.5% 13.13% 41.07%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $6.390M $3.450M $1.060M
YoY Change 826.09% 225.47% -56.02%
INVESTING ACTIVITIES
Capital Expenditures -$1.150M -$920.0K -$200.0K
YoY Change 7.48% 360.0% 566.67%
Acquisitions
YoY Change
Other Investing Activities -$8.600M -$21.06M -$2.010M
YoY Change -322.8% 947.76% -90.31%
Cash From Investing Activities -$9.750M -$21.98M -$2.220M
YoY Change -448.21% 890.09% -89.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.820M 9.990M -300.0K
YoY Change -537.18% -3430.0% -96.4%
NET CHANGE
Cash From Operating Activities 6.390M 3.450M 1.060M
Cash From Investing Activities -9.750M -21.98M -2.220M
Cash From Financing Activities 6.820M 9.990M -300.0K
Net Change In Cash 3.460M -8.540M -1.460M
YoY Change 79.27% 484.93% -94.53%
FREE CASH FLOW
Cash From Operating Activities $6.390M $3.450M $1.060M
Capital Expenditures -$1.150M -$920.0K -$200.0K
Free Cash Flow $7.540M $4.370M $1.260M
YoY Change 328.41% 246.83% -48.36%

Facts In Submission

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OtherComprehensiveIncomeLossNetOfTax
1666000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
9 Contract
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
772000
us-gaap Payments For Proceeds From Life Insurance Policies
PaymentsForProceedsFromLifeInsurancePolicies
3885000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
31130000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
37701000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1259000
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
40178000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
5314000
us-gaap Payments To Acquire Federal Reserve Stock
PaymentsToAcquireFederalReserveStock
474000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1480000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
2273000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-84000
us-gaap Gain Loss On Sales Of Loans Net
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1341000
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40160000
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17000
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IncomeTaxExpenseBenefit
5251000
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1979000
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1156000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
4379000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1292000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
312000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
2494000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
10.83
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.75
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <u>Use of Estimates</u>:&#xA0;To prepare financial statements in conformity with accounting principles generally accepted in the United States of America, management makes estimates and assumptions based on available information.&#xA0;These estimates and assumptions affect the amounts reported in financial statements and the disclosures provided, and future results could differ.&#xA0;The allowance for loan losses, impairment of goodwill, fair values of financial instruments, deferred taxes and pension obligations are particularly subject to change.</p> </div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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10946882 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y3M
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
5657 shares
us-gaap Transfer To Other Real Estate
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
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23264000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
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10.82
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7922170 shares
dei Trading Symbol
TradingSymbol
civb
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
28864 shares
us-gaap Servicing Fees Net
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3714000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-1300000
us-gaap Professional Fees
ProfessionalFees
1450000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1176000
civb Loans Classified As Non Accrual Description
LoansClassifiedAsNonAccrualDescription
A loan may be returned to accruing status only if one of three conditions are met the loan is well-secured and none of the principal and interest has been past due for a minimum of 90 days; the loan is a TDR and the borrower has made a minimum of six months payments under the modified terms; or the principal and interest payments are reasonably assured and a sustained period of performance has occurred, generally six months.
civb Average Reserve Balance Under Federal Reserve Board Requirements
AverageReserveBalanceUnderFederalReserveBoardRequirements
2767000
civb Period For Calculating Loss Migration Rates For Portfolio Segments
PeriodForCalculatingLossMigrationRatesForPortfolioSegments
P3Y
civb Tax Refund Processing Fees
TaxRefundProcessingFees
2750000
civb Number Of Concentration By Bank To Lessors And Owners Of Residential Buildings And Dwellings
NumberOfConcentrationByBankToLessorsAndOwnersOfResidentialBuildingsAndDwellings
2 Dwellings
civb Net Change In Short Term Federal Home Loan Borrowings Advances
NetChangeInShortTermFederalHomeLoanBorrowingsAdvances
36200000
civb Additional Benefits Under Pension Plan
AdditionalBenefitsUnderPensionPlan
0
civb Maximum Period To Commit Loan
MaximumPeriodToCommitLoan
P1Y
civb Number Of Defaults On Loans
NumberOfDefaultsOnLoans
0
civb Automated Teller Machine Fees
AutomatedTellerMachineFees
1584000
civb Borrowers Sustained Repayment Performance Period
BorrowersSustainedRepaymentPerformancePeriod
P6M
civb Gain Loss From Securities Called Or Settled By Issuer
GainLossFromSecuritiesCalledOrSettledByIssuer
2000
civb Automated Teller Machine Expense
AutomatedTellerMachineExpense
379000
civb State Franchise Tax
StateFranchiseTax
709000
civb Range Of Amount Of Impaired Loans Tested For Impairment
RangeOfAmountOfImpairedLoansTestedForImpairment
Greater than $350
civb Credit Commitments Maturities Period
CreditCommitmentsMaturitiesPeriod
P30Y
civb Period Past Due For Loans To Be Considered As Nonperforming
PeriodPastDueForLoansToBeConsideredAsNonperforming
P90D
civb Cumulative Convertible Preferred Stock Dividend
CumulativeConvertiblePreferredStockDividend
1156000
CY2014 civb Period Of Delinquency After Which Loans Are Considered Nonaccrual
PeriodOfDelinquencyAfterWhichLoansAreConsideredNonaccrual
P90D
CY2015 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Provision For Loan Losses1
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesProvisionForLoanLosses1
123000
CY2015 civb Average Reserve Balance Under Federal Reserve Board Requirements
AverageReserveBalanceUnderFederalReserveBoardRequirements
2448000
CY2015Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0
CY2015Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Additions
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAdditions
0
CY2015Q3 us-gaap Equipment Expense
EquipmentExpense
303000
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DefinedBenefitPlanNetPeriodicBenefitCost
-57000
CY2015Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0
CY2015Q3 us-gaap Affordable Housing Project Investment Write Down Amount
AffordableHousingProjectInvestmentWriteDownAmount
0
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AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
117000
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EarningsPerShareBasic
0.36
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AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
69000
CY2015Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
156000
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InterestExpenseSubordinatedNotesAndDebentures
192000
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CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
0
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4079000
CY2015Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
189000
CY2015Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
116000
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AvailableForSaleSecuritiesGrossRealizedGainLossNet
-5000
CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
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287000
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283000
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DefinedBenefitPlanOtherCosts
70000
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AssetManagementFees1
659000
CY2015Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
192000
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AllowanceForDoubtfulAccountsReceivableWriteOffs
634000
CY2015Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
399000
CY2015Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
11755000
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InterestIncomeOther
5000
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LaborAndRelatedExpense
6025000
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-70000
CY2015Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
8665000
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
3253000
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4412000
CY2015Q3 us-gaap Interest Expense
InterestExpense
821000
CY2015Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
12002000
CY2015Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
65000
CY2015Q3 us-gaap Occupancy Net
OccupancyNet
595000
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
3078245 shares
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3253000
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
826000
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
403000
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12402000
CY2015Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1744000
CY2015Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
513000
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1183000
CY2015Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-24000
CY2015Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
269000
CY2015Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
13223000
CY2015Q3 us-gaap Interest Expense Other
InterestExpenseOther
5000
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1159000
CY2015Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
653000
CY2015Q3 us-gaap Marketing Expense
MarketingExpense
298000
CY2015Q3 us-gaap Noninterest Income
NoninterestIncome
3076000
CY2016Q3 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
170000
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
CY2016Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Accretion
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldAccretion
8000
CY2016Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2927000
CY2016Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
172000
CY2016Q3 us-gaap Amortization Method Qualified Affordable Housing Project Investments Amortization
AmortizationMethodQualifiedAffordableHousingProjectInvestmentsAmortization
77000
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
391000
CY2015Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
111000
CY2015Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
810000
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10921823 shares
CY2015Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-46000
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7843578 shares
CY2015Q3 us-gaap Servicing Fees Net
ServicingFeesNet
1262000
CY2015Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
400000
CY2015Q3 us-gaap Professional Fees
ProfessionalFees
597000
CY2015Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
255000
CY2015Q3 civb Gain Loss From Securities Called Or Settled By Issuer
GainLossFromSecuritiesCalledOrSettledByIssuer
-5000
CY2015Q3 civb Automated Teller Machine Expense
AutomatedTellerMachineExpense
119000
CY2015Q3 civb State Franchise Tax
StateFranchiseTax
205000
CY2015Q3 civb Cumulative Convertible Preferred Stock Dividend
CumulativeConvertiblePreferredStockDividend
391000
CY2015Q3 civb Number Of Defaults On Loans
NumberOfDefaultsOnLoans
0
CY2015Q3 civb Automated Teller Machine Fees
AutomatedTellerMachineFees
520000
CY2015Q3 civb Allowance For Loan Losses Look Back Period
AllowanceForLoanLossesLookBackPeriod
P3Y
CY2016Q3 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
0
CY2016Q3 us-gaap Equipment Expense
EquipmentExpense
494000
CY2016Q3 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-21000
CY2016Q3 us-gaap Available For Sale Securities Gross Realized Gains Losses Sale Proceeds
AvailableForSaleSecuritiesGrossRealizedGainsLossesSaleProceeds
2385000
CY2016Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28000
CY2016Q3 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
0
CY2016Q3 us-gaap Affordable Housing Project Investment Write Down Amount
AffordableHousingProjectInvestmentWriteDownAmount
0
CY2016Q3 us-gaap Affordable Housing Tax Credits And Other Tax Benefits Amount
AffordableHousingTaxCreditsAndOtherTaxBenefitsAmount
147000
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.41
CY2016Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
149000
CY2016Q3 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
18000
CY2016Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
86000
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Recoveries
AllowanceForDoubtfulAccountsReceivableRecoveries
87000
CY2016Q3 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
274000
CY2016Q3 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
18000
CY2016Q3 us-gaap Defined Benefit Plan Other Costs
DefinedBenefitPlanOtherCosts
83000
CY2016Q3 us-gaap Asset Management Fees1
AssetManagementFees1
688000
CY2016Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
166000
CY2016Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1183000
CY2016Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
397000
CY2016Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
11824000
CY2016Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6375000
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-83000
CY2016Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7638000
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
3680000
CY2016Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
13370000
CY2016Q3 us-gaap Interest Expense Other
InterestExpenseOther
6000
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4984000
CY2016Q3 us-gaap Interest Expense
InterestExpense
844000
CY2016Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
12526000
CY2016Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
86000
CY2016Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
191000
CY2016Q3 us-gaap Interest Income Other
InterestIncomeOther
10000
CY2016Q3 us-gaap Occupancy Net
OccupancyNet
708000
CY2016Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
2922609 shares
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3680000
CY2016Q3 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
221000
CY2016Q3 us-gaap Noninterest Expense
NoninterestExpense
11195000
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3306000
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-753000
CY2016Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1 Contract
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-417000
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12526000
CY2016Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1769000
CY2016Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
506000
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-1225000
CY2016Q3 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
-28000
CY2016Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
541000
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1304000
CY2016Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
664000
CY2016Q3 us-gaap Marketing Expense
MarketingExpense
249000
CY2016Q3 us-gaap Noninterest Income
NoninterestIncome
3653000
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
374000
CY2016Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
111000
CY2016Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
872000
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
10.91
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.00
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10964912 shares
CY2016Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-43000
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
916 shares
CY2016Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
0.00
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8042303 shares
CY2016Q3 us-gaap Servicing Fees Net
ServicingFeesNet
1194000
CY2016Q3 us-gaap Professional Fees
ProfessionalFees
431000
CY2016Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
522000
CY2016Q3 civb Automated Teller Machine Expense
AutomatedTellerMachineExpense
183000
CY2016Q3 civb State Franchise Tax
StateFranchiseTax
251000
CY2016Q3 civb Cumulative Convertible Preferred Stock Dividend
CumulativeConvertiblePreferredStockDividend
374000
CY2016Q3 civb Number Of Defaults On Loans
NumberOfDefaultsOnLoans
0
CY2016Q3 civb Automated Teller Machine Fees
AutomatedTellerMachineFees
541000

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