2018 Q3 Form 10-Q Financial Statement

#000119312518244101 Filed on August 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2018 Q2 2017 Q2
Revenue $7.572M $7.344M $6.413M
YoY Change 11.91% 14.52% 10.32%
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 $771.0K $692.0K $463.0K
YoY Change 37.19% 49.46% 26.16%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.014M $2.877M $2.477M
YoY Change 11.96% 16.15% 6.95%
Income Tax $582.0K $553.0K $751.0K
% Of Pretax Income 19.31% 19.22% 30.32%
Net Earnings $2.432M $2.324M $1.726M
YoY Change 30.33% 34.65% 7.14%
Net Earnings / Revenue 32.12% 31.64% 26.91%
Basic Earnings Per Share $0.88 $0.85 $0.63
Diluted Earnings Per Share $0.88 $0.85 $0.63
COMMON SHARES
Basic Shares Outstanding 2.742M shares 2.742M shares 2.742M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q3 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $148.7M $160.6M $173.6M
YoY Change -14.78% -7.49%
Cash & Equivalents $33.25M $43.23M $38.80M
Short-Term Investments $115.5M $117.4M $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 $9.605M $9.563M $8.633M
YoY Change 7.85% 10.77% -0.31%
Goodwill $4.728M $4.728M $4.728M
YoY Change 0.0% 0.0% 0.0%
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 $710.8M $723.3M $696.9M
YoY Change 0.0% 3.79% 7.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $37.50M $44.20M $56.90M
YoY Change -16.85% -22.32% 5.18%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $37.50M $44.20M $56.90M
YoY Change -16.85% -22.32% 5.18%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.300M $2.700M $2.300M
YoY Change 22.22% 17.39% 0.0%
Total Long-Term Liabilities $3.300M $2.700M $2.300M
YoY Change 22.22% 17.39% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.50M $44.20M $56.90M
Total Long-Term Liabilities $3.300M $2.700M $2.300M
Total Liabilities $636.9M $650.7M $628.2M
YoY Change -0.63% 3.59% 7.29%
SHAREHOLDERS EQUITY
Retained Earnings $52.51M $50.74M $44.99M
YoY Change 13.54% 12.78% 12.25%
Common Stock $28.44M $28.44M $28.44M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.784M $4.784M $4.784M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 238.4K shares 238.4K shares 238.4K shares
Shareholders Equity $73.88M $72.58M $68.73M
YoY Change
Total Liabilities & Shareholders Equity $710.8M $723.3M $696.9M
YoY Change 0.0% 3.79% 7.23%

Cashflow Statement

Concept 2018 Q3 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $2.432M $2.324M $1.726M
YoY Change 30.33% 34.65% 7.14%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $4.090M $1.710M -$1.390M
YoY Change 128.49% -223.02% -176.8%
INVESTING ACTIVITIES
Capital Expenditures -$180.0K -$500.0K -$180.0K
YoY Change -65.38% 177.78% -79.55%
Acquisitions
YoY Change
Other Investing Activities $1.150M -$980.0K -$14.79M
YoY Change -117.4% -93.37% 37.71%
Cash From Investing Activities $970.0K -$1.480M -$14.97M
YoY Change -113.6% -90.11% 28.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.04M 21.41M 16.77M
YoY Change -226.28% 27.67% 58.51%
NET CHANGE
Cash From Operating Activities 4.090M 1.710M -1.390M
Cash From Investing Activities 970.0K -1.480M -14.97M
Cash From Financing Activities -15.04M 21.41M 16.77M
Net Change In Cash -9.980M 21.64M 410.0K
YoY Change -251.9% 5178.05% -46.75%
FREE CASH FLOW
Cash From Operating Activities $4.090M $1.710M -$1.390M
Capital Expenditures -$180.0K -$500.0K -$180.0K
Free Cash Flow $4.270M $2.210M -$1.210M
YoY Change 84.85% -282.64% -144.98%

Facts In Submission

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InterestExpenseShortTermBorrowings
84000
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
6515000
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2718000
CY2018Q2 us-gaap Noninterest Expense
NoninterestExpense
4619000
CY2018Q2 us-gaap Noninterest Income
NoninterestIncome
1168000
CY2018Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
119000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
2324000
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-107000
CY2018Q2 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
20000
CY2018Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
83000
CY2018Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
183000
CY2018Q2 us-gaap Occupancy Net
OccupancyNet
214000
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-29000
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-156000
CY2018Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
583000
CY2018Q2 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0
CY2018Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
324000
CY2018Q2 csbb Professional And Director Fees
ProfessionalAndDirectorFees
239000
CY2018Q2 csbb Software Expense
SoftwareExpense
221000
CY2018Q2 csbb Financial Institutions Franchise Tax Expense
FinancialInstitutionsFranchiseTaxExpense
142000
CY2018Q2 csbb Debit Card Expense
DebitCardExpense
126000
CY2018Q2 csbb Number Of Securities In Unrealized Loss Position For Period Of One Year Or Greater
NumberOfSecuritiesInUnrealizedLossPositionForPeriodOfOneYearOrGreater
36 Securities
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
200000
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
200000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1 Contract

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csbb-20180630.xml Edgar Link completed
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