2013 Q3 Form 10-Q Financial Statement

#000119312513332821 Filed on August 13, 2013

View on sec.gov

Income Statement

Concept 2013 Q3 2013 Q2 2012 Q4
Revenue $5.235M $5.173M $5.153M
YoY Change 1.69% 0.43%
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 $558.0K $581.0K
YoY Change -22.61% -22.94%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.023M $1.785M $1.600M
YoY Change 14.62% 7.14% 40.35%
Income Tax $620.0K $540.0K $480.0K
% Of Pretax Income 30.65% 30.25% 30.0%
Net Earnings $1.407M $1.247M $1.120M
YoY Change 14.3% 9.29% 36.59%
Net Earnings / Revenue 26.88% 24.11% 21.73%
Basic Earnings Per Share $0.51 $0.45 $0.41
Diluted Earnings Per Share $0.51 $0.45 $0.41
COMMON SHARES
Basic Shares Outstanding 2.737M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q3 2013 Q2 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $201.6M
YoY Change
Cash & Equivalents $37.07M $66.88M
Short-Term Investments $144.7M $134.8M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $8.550M $8.326M $8.475M
YoY Change 1.79% -2.05% -0.29%
Goodwill $4.728M $4.728M $4.728M
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 $593.9M $571.1M $586.9M
YoY Change 4.41% 0.77% 6.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $46.00M $41.90M $44.00M
YoY Change 6.98% 1.7% 18.6%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $46.00M $41.90M $44.00M
YoY Change 6.98% 1.7% 18.6%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.300M $2.400M $2.300M
YoY Change -11.54% -11.11% 15.0%
Total Long-Term Liabilities $2.300M $2.400M $2.300M
YoY Change -11.54% -11.11% 15.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.00M $41.90M $44.00M
Total Long-Term Liabilities $2.300M $2.400M $2.300M
Total Liabilities $541.7M $519.7M $534.4M
YoY Change 4.85% 0.81% 6.51%
SHAREHOLDERS EQUITY
Retained Earnings $29.50M $28.59M $26.96M
YoY Change
Common Stock $28.59M $28.59M $28.60M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.958M $4.958M $4.976M
YoY Change -1.14% -1.14%
Treasury Stock Shares 244.0K shares 244.0K shares 244.5K shares
Shareholders Equity $52.15M $51.39M $52.45M
YoY Change
Total Liabilities & Shareholders Equity $593.9M $571.1M $586.9M
YoY Change 4.41% 0.77% 6.48%

Cashflow Statement

Concept 2013 Q3 2013 Q2 2012 Q4
OPERATING ACTIVITIES
Net Income $1.407M $1.247M $1.120M
YoY Change 14.3% 9.29% 36.59%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $1.770M $1.960M $2.670M
YoY Change -43.27% 172.22% 39.79%
INVESTING ACTIVITIES
Capital Expenditures -$660.0K -$210.0K -$450.0K
YoY Change 175.0% 10.53% 60.71%
Acquisitions
YoY Change
Other Investing Activities -$11.25M -$4.950M -$7.130M
YoY Change -33.16% -69.02% -132.25%
Cash From Investing Activities -$11.91M -$5.160M -$7.580M
YoY Change -30.23% -68.09% -134.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 21.68M 3.090M 17.11M
YoY Change 2610.0% -9.12% -3.06%
NET CHANGE
Cash From Operating Activities 1.770M 1.960M 2.670M
Cash From Investing Activities -11.91M -5.160M -7.580M
Cash From Financing Activities 21.68M 3.090M 17.11M
Net Change In Cash 11.54M -110.0K 12.20M
YoY Change -187.76% -99.09% -70.53%
FREE CASH FLOW
Cash From Operating Activities $1.770M $1.960M $2.670M
Capital Expenditures -$660.0K -$210.0K -$450.0K
Free Cash Flow $2.430M $2.170M $3.120M
YoY Change -27.68% 138.46% 42.47%

Facts In Submission

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dei Entity Registrant Name
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dei Amendment Flag
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dei Entity Filer Category
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dei Document Period End Date
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2013-06-30
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FinancingReceivableModificationsPreModificationRecordedInvestment2
76000
CY2013Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
16000
CY2013Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
210000
CY2013Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
476000
CY2013Q2 us-gaap Equipment Expense
EquipmentExpense
177000
CY2013Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
492000
CY2013Q2 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
500000
CY2013Q2 us-gaap Interest Expense
InterestExpense
581000
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1134000
CY2013Q2 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
117000
CY2013Q2 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
95000
CY2013Q2 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
CY2013Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
84000
CY2013Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
448000
CY2013Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
106000
CY2013Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
34000
CY2013Q2 us-gaap Occupancy Net
OccupancyNet
255000
CY2013Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2042000
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
10000
CY2013Q2 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
538000
CY2013Q2 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
CY2013Q2 csbb Franchise Tax Expense
FranchiseTaxExpense
147000
CY2013Q2 csbb Debit Card Expense
DebitCardExpense
50000
CY2013Q2 csbb Software Expense
SoftwareExpense
118000
CY2013Q2 csbb Professional And Director Fees
ProfessionalAndDirectorFees
174000

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