2019 Q4 Form 10-Q Financial Statement

#000109815119000046 Filed on November 06, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $9.949M $10.01M $9.028M
YoY Change 3.38% 10.86% 13.87%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $469.0K
YoY Change
% of Gross Profit
Depreciation & Amortization $890.0K $860.0K $750.0K
YoY Change 14.1% 14.67% -5.06%
% of Gross Profit
Operating Expenses $469.0K
YoY Change
Operating Profit
YoY Change
Interest Expense $1.938M $2.008M $1.317M
YoY Change 16.75% 52.47% 49.32%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.298M $3.669M $3.422M
YoY Change -2.19% 7.22% 18.65%
Income Tax $584.0K $611.0K $559.0K
% Of Pretax Income 17.71% 16.65% 16.34%
Net Earnings $2.714M $3.058M $2.863M
YoY Change -4.67% 6.81% 28.62%
Net Earnings / Revenue 27.28% 30.56% 31.71%
Basic Earnings Per Share $0.71 $0.82 $0.76
Diluted Earnings Per Share $0.71 $0.80 $0.75
COMMON SHARES
Basic Shares Outstanding 3.782M 3.782M 3.753M
Diluted Shares Outstanding 3.825M 3.801M

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $15.66M $18.69M $16.94M
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 $21.56M $18.15M $16.20M
YoY Change 13.94% 12.0% -4.12%
Goodwill $209.0K $209.0K $209.0K
YoY Change 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 $1.010B $1.011B $949.9M
YoY Change 2.94% 6.48% 8.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.700M $8.600M $8.800M
YoY Change -14.44% -2.27% 29.41%
Accrued Expenses $6.600M $6.100M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $37.84M $24.36M $40.27M
YoY Change -50.45% -39.52% 212.16%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.30M $14.70M $8.800M
YoY Change 58.89% 67.05% 29.41%
LONG-TERM LIABILITIES
Long-Term Debt $300.0K $300.0K $0.00
YoY Change 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $300.0K $300.0K $0.00
YoY Change 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.30M $14.70M $8.800M
Total Long-Term Liabilities $300.0K $300.0K $0.00
Total Liabilities $903.1M $906.6M $859.8M
YoY Change 1.75% 5.45% 8.56%
SHAREHOLDERS EQUITY
Retained Earnings $72.39M $70.72M $63.08M
YoY Change 11.47% 12.12%
Common Stock $30.85M $30.63M $29.52M
YoY Change 3.81% 3.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $106.8M $104.8M $90.05M
YoY Change
Total Liabilities & Shareholders Equity $1.010B $1.011B $949.9M
YoY Change 2.94% 6.48% 8.15%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $2.714M $3.058M $2.863M
YoY Change -4.67% 6.81% 28.62%
Depreciation, Depletion And Amortization $890.0K $860.0K $750.0K
YoY Change 14.1% 14.67% -5.06%
Cash From Operating Activities $4.210M $8.730M $2.720M
YoY Change 24.56% 220.96% -41.25%
INVESTING ACTIVITIES
Capital Expenditures -$1.820M -$1.070M -$1.050M
YoY Change 7.06% 1.9% 275.0%
Acquisitions
YoY Change
Other Investing Activities -$1.230M -$15.11M -$26.62M
YoY Change -95.5% -43.24% -919.08%
Cash From Investing Activities -$3.050M -$16.18M -$27.67M
YoY Change -89.5% -41.53% -1025.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -4.180M 6.940M 23.92M
YoY Change -115.95% -70.99% 23.43%
NET CHANGE
Cash From Operating Activities 4.210M 8.730M 2.720M
Cash From Investing Activities -3.050M -16.18M -27.67M
Cash From Financing Activities -4.180M 6.940M 23.92M
Net Change In Cash -3.020M -510.0K -1.030M
YoY Change -659.26% -50.49% -103.81%
FREE CASH FLOW
Cash From Operating Activities $4.210M $8.730M $2.720M
Capital Expenditures -$1.820M -$1.070M -$1.050M
Free Cash Flow $6.030M $9.800M $3.770M
YoY Change 18.7% 159.95% -23.22%

Facts In Submission

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CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
CY2018Q4 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q3 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2018Q4 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2019Q3 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
0
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
203000
CY2018Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
70000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
131000
CY2019Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2000
CY2018Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
6339000
CY2019Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
3818000
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7000
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
7000
CY2018Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
336000
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
299000
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
317000
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
54000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
81000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
81000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
81000
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
20000
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
18000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
54000
CY2018Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
333000
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
293000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
451000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3422000
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0307
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y11M1D
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
8727000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
8990000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1020000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
290000
CY2018 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
330000
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
137000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
111000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
664000
CY2018 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1226000
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
120000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
1247000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
420000
CY2018Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
710852000
CY2019Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
743897000
CY2018Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
6128000
CY2019Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
4822000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
729000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
2
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
729000
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
CY2018Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
1000
CY2019Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
7000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
717827000
CY2019Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
742376000
CY2018Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
CY2018Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
48000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
74000
CY2019Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
27000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
CY2018Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
4298000
CY2019Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3858000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
10237000
CY2019Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
6343000
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
2000
CY2019Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-3000
CY2018Q3 us-gaap Gain Loss On Sale Of Debt Investments
GainLossOnSaleOfDebtInvestments
4000
us-gaap Gain Loss On Sale Of Debt Investments
GainLossOnSaleOfDebtInvestments
-6000
CY2019Q3 us-gaap Gain Loss On Sale Of Debt Investments
GainLossOnSaleOfDebtInvestments
-2000
us-gaap Gain Loss On Sale Of Equity Investments
GainLossOnSaleOfEquityInvestments
44000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
54000
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-6000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
522000
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
602000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2000
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
522000
CY2018Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
168000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
602000
CY2019Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
224000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-52000
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-16000
CY2018Q4 us-gaap Goodwill
Goodwill
209000
CY2019Q3 us-gaap Goodwill
Goodwill
209000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6965000
CY2018Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6857000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
5674000
CY2019Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
5106000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
197000
CY2019Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
CY2018Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
6128000
CY2019Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
4822000
CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1020000
CY2019Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
451000
CY2018Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
7385000
CY2019Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
5996000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
3291000
CY2019Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
2093000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2837000
CY2019Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2729000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
9763000
CY2018Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
575452000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10604000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3669000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1604000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
559000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1742000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
611000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1205000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
147000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
48915000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
82139000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
514000
us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
165000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2244000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
207000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
25706000
CY2018Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
9028000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
29320000
CY2019Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10008000
us-gaap Interest And Dividend Income Securities Other
InterestAndDividendIncomeSecuritiesOther
11000
CY2019Q3 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
648506000
CY2018Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1460000
CY2019Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1395000
us-gaap Interest Expense
InterestExpense
3213000
CY2018Q3 us-gaap Interest Expense
InterestExpense
1317000
us-gaap Interest Expense
InterestExpense
5616000
CY2019Q3 us-gaap Interest Expense
InterestExpense
2008000
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
2671000
CY2018Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
981000
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
4489000
CY2019Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
1683000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
205000
CY2018Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
73000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
385000
CY2019Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
115000
us-gaap Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
324000
CY2018Q3 us-gaap Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
260000
us-gaap Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
742000
CY2019Q3 us-gaap Interest Expense Other Short Term Borrowings
InterestExpenseOtherShortTermBorrowings
210000
us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
13000
CY2018Q3 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
3000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
94000
CY2018Q3 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
10000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
40000
CY2019Q3 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
12000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
21368000
CY2018Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7311000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
22874000
CY2019Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7680000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
22493000
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7711000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
23704000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8000000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
1162000
CY2018Q3 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
395000
us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
1299000
CY2019Q3 us-gaap Interest Income Securities State And Municipal
InterestIncomeSecuritiesStateAndMunicipal
432000
us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
2377000
CY2018Q3 us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
799000
us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
2789000
CY2019Q3 us-gaap Interest Income Securities Us Treasury And Other Us Government
InterestIncomeSecuritiesUSTreasuryAndOtherUSGovernment
908000
CY2018Q4 us-gaap Interest Receivable
InterestReceivable
3271000
CY2019Q3 us-gaap Interest Receivable
InterestReceivable
3436000
us-gaap Lease Cost
LeaseCost
400000
us-gaap Lease Income
LeaseIncome
570000
CY2018Q3 us-gaap Lease Income
LeaseIncome
207000
us-gaap Lease Income
LeaseIncome
696000
CY2019Q3 us-gaap Lease Income
LeaseIncome
226000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
9576000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8023000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
373000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
370000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
363000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
359000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
88000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
727000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
48000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
60000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
50000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
186000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
189000
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
194000
CY2018Q4 us-gaap Liabilities
Liabilities
887545000
CY2019Q3 us-gaap Liabilities
Liabilities
906635000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
981102000
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1011424000
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9193000
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9527000
CY2018Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9944000
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9747000
CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9495000
CY2019Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
9441000
CY2018Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1028000
CY2019Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
923000
CY2018Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
729092000
CY2019Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
749642000
CY2018Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
728064000
CY2019Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
748719000
CY2018Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
718317000
CY2019Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
739278000
CY2018Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
5789000
CY2019Q3 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1778000
CY2018Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
5707000
CY2019Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1751000
CY2019Q3 us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
1368000
us-gaap Nature Of Operations
NatureOfOperations
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;font-weight:bold;color:#000000;text-decoration:underline;">Nature of operations</font> </p> <p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;color:#000000;">Fidelity D &amp; D Bancorp, Inc. (the Company) is a bank holding company and the parent of Fidelity Deposit and Discount Bank (the Bank).&nbsp;&nbsp;The Bank is a commercial bank chartered under the law of the Commonwealth of Pennsylvania and a wholly-owned subsidiary of the Company.</font><font style="display: inline;color:#000000;"> &nbsp;Having commenced operations in </font><font style="display: inline;color:#000000;">1903</font><font style="display: inline;color:#000000;">, the Bank is committed to provide superior customer service, while offering a full range of banking products and financial and trust services to both our consumer and commercial customers from our main office located in Dunmore and other branches located throughout Lackawanna and Luzerne Counties.</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Use Of Estimates
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<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reported periods.&nbsp;&nbsp;Actual results could differ from those estimates.</font> </p> <p style="margin:0pt 0pt 6pt;font-family:Times New Roman;font-size: 10pt"> <font style="display: inline;">A material estimate that is particularly susceptible to significant change relates to the determination of the allowance for loan losses.&nbsp;&nbsp;Management believes that the allowance for loan losses at September 30, 2019 is adequate and reasonable to cover incurred losses.&nbsp;&nbsp;Given the subjective nature of identifying and estimating loan losses, it is likely that well-informed individuals could make different assumptions and could, therefore, calculate a materially different allowance amount.&nbsp;&nbsp;While management uses available information to recognize losses on loans, changes in economic conditions may necessitate revisions in the future.&nbsp;&nbsp;In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company&#x2019;s allowance for loan losses.&nbsp;&nbsp;Such agencies may require the Company to recognize adjustments to the allowance based on their judgment of information available to them at the time of their examination.</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Variable Lease Cost
VariableLeaseCost
33000
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
41416
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
40571
CY2019Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3819507
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3750652
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3753138
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3778936
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3781500
us-gaap Year Founded
YearFounded
1903

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