2018 Q4 Form 10-Q Financial Statement

#000119312518323420 Filed on November 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $7.772M $7.572M $6.766M
YoY Change 10.81% 11.91% 15.4%
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 $562.0K
YoY Change 37.19% 53.55%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.110M $3.014M $2.692M
YoY Change 16.04% 11.96% 10.6%
Income Tax $620.0K $582.0K $826.0K
% Of Pretax Income 19.94% 19.31% 30.68%
Net Earnings $2.492M $2.432M $1.866M
YoY Change 40.08% 30.33% 10.15%
Net Earnings / Revenue 32.06% 32.12% 27.58%
Basic Earnings Per Share $0.91 $0.88 $0.68
Diluted Earnings Per Share $0.91 $0.88 $0.68
COMMON SHARES
Basic Shares Outstanding 2.742M shares 2.742M shares 2.742M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $156.5M $148.7M $174.5M
YoY Change -4.9% -14.78%
Cash & Equivalents $45.56M $33.25M $45.37M
Short-Term Investments $110.9M $115.5M $129.1M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $9.961M $9.605M $8.906M
YoY Change 7.76% 7.85% 4.03%
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 $731.7M $710.8M $710.8M
YoY Change 3.49% 0.0% 8.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $37.40M $37.50M $45.10M
YoY Change -5.32% -16.85% -11.57%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $37.40M $37.50M $45.10M
YoY Change -5.32% -16.85% -11.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $2.700M $3.300M $2.700M
YoY Change 12.5% 22.22% -10.0%
Total Long-Term Liabilities $2.700M $3.300M $2.700M
YoY Change 12.5% 22.22% -10.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $37.40M $37.50M $45.10M
Total Long-Term Liabilities $2.700M $3.300M $2.700M
Total Liabilities $655.2M $636.9M $641.0M
YoY Change 2.93% -0.63% 8.89%
SHAREHOLDERS EQUITY
Retained Earnings $54.29M $52.51M $46.25M
YoY Change 14.21% 13.54% 12.19%
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 238.4K shares 238.4K shares
Shareholders Equity $76.54M $73.88M $69.84M
YoY Change
Total Liabilities & Shareholders Equity $731.7M $710.8M $710.8M
YoY Change 3.49% 0.0% 8.62%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $2.492M $2.432M $1.866M
YoY Change 40.08% 30.33% 10.15%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $4.180M $4.090M $1.790M
YoY Change 0.72% 128.49% -40.73%
INVESTING ACTIVITIES
Capital Expenditures -$520.0K -$180.0K -$520.0K
YoY Change 0.0% -65.38% 300.0%
Acquisitions
YoY Change
Other Investing Activities -$8.740M $1.150M -$6.610M
YoY Change 20.72% -117.4% 24.95%
Cash From Investing Activities -$9.260M $970.0K -$7.130M
YoY Change 19.33% -113.6% 31.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 17.39M -15.04M 11.91M
YoY Change -425.66% -226.28% 504.57%
NET CHANGE
Cash From Operating Activities 4.180M 4.090M 1.790M
Cash From Investing Activities -9.260M 970.0K -7.130M
Cash From Financing Activities 17.39M -15.04M 11.91M
Net Change In Cash 12.31M -9.980M 6.570M
YoY Change -237.54% -251.9% -1664.29%
FREE CASH FLOW
Cash From Operating Activities $4.180M $4.090M $1.790M
Capital Expenditures -$520.0K -$180.0K -$520.0K
Free Cash Flow $4.700M $4.270M $2.310M
YoY Change 0.64% 84.85% -26.67%

Facts In Submission

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LaborAndRelatedExpense
2805000
CY2018Q3 us-gaap Noninterest Expense
NoninterestExpense
4638000
CY2018Q3 us-gaap Noninterest Income
NoninterestIncome
1175000
CY2018Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
124000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
2432000
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-475000
CY2018Q3 us-gaap Other Comprehensive Income Reclassification Adjustment For Held To Maturity Transferred To Available For Sale Securities Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentForHeldToMaturityTransferredToAvailableForSaleSecuritiesBeforeTax
20000
CY2018Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
127000
CY2018Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
197000
CY2018Q3 us-gaap Occupancy Net
OccupancyNet
194000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-125000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-620000
CY2018Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
576000
CY2018Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0
CY2018Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
324000
CY2018Q3 csbb Professional And Director Fees
ProfessionalAndDirectorFees
199000
CY2018Q3 csbb Software Expense
SoftwareExpense
221000
CY2018Q3 csbb Financial Institutions Franchise Tax Expense
FinancialInstitutionsFranchiseTaxExpense
139000
CY2018Q3 csbb Debit Card Expense
DebitCardExpense
144000
CY2018Q3 csbb Number Of Securities In Unrealized Loss Position For Period Of One Year Or Greater
NumberOfSecuritiesInUnrealizedLossPositionForPeriodOfOneYearOrGreater
52 Securities

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