2017 Q1 Form 10-Q Financial Statement

#000114420418026568 Filed on May 09, 2018

View on sec.gov

Income Statement

Concept 2017 Q1
Revenue
YoY Change
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 $630.0K
YoY Change 1.61%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.770M
YoY Change -3.55%
Income Tax $470.0K
% Of Pretax Income 16.97%
Net Earnings $2.300M
YoY Change 2.5%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $804.2K
COMMON SHARES
Basic Shares Outstanding 2.863M shares
Diluted Shares Outstanding 2.863M shares

Balance Sheet

Concept 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $15.78M
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 $19.70M
YoY Change 3.68%
Goodwill
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 $899.2M
YoY Change 3.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $8.500M
YoY Change -39.72%
Deferred Revenue
YoY Change
Short-Term Debt $12.10M
YoY Change -27.98%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.500M
YoY Change -39.72%
LONG-TERM LIABILITIES
Long-Term Debt $21.50M
YoY Change -36.58%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $21.50M
YoY Change -36.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.500M
Total Long-Term Liabilities $21.50M
Total Liabilities $812.8M
YoY Change 3.73%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $86.43M
YoY Change
Total Liabilities & Shareholders Equity $899.2M
YoY Change 3.67%

Cashflow Statement

Concept 2017 Q1
OPERATING ACTIVITIES
Net Income $2.300M
YoY Change 2.5%
Depreciation, Depletion And Amortization $630.0K
YoY Change 1.61%
Cash From Operating Activities $3.658M
YoY Change -45.16%
INVESTING ACTIVITIES
Capital Expenditures $732.0K
YoY Change 89.15%
Acquisitions
YoY Change
Other Investing Activities -$16.07M
YoY Change 334.32%
Cash From Investing Activities -$16.80M
YoY Change 311.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$16.18M
YoY Change 285.21%
NET CHANGE
Cash From Operating Activities $3.658M
Cash From Investing Activities -$16.80M
Cash From Financing Activities -$16.18M
Net Change In Cash -$29.33M
YoY Change 1721.43%
FREE CASH FLOW
Cash From Operating Activities $3.658M
Capital Expenditures $732.0K
Free Cash Flow $2.926M
YoY Change -53.43%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
1175000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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650000 USD
CY2017Q1 us-gaap Other Depreciation And Amortization
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620000 USD
CY2018Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
AmortizationOfMortgageServicingRightsMSRs
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CY2017Q1 us-gaap Amortization Of Mortgage Servicing Rights Ms Rs
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13000 USD
CY2018Q1 us-gaap Share Based Compensation
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52000 USD
CY2017Q1 us-gaap Share Based Compensation
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-191000 USD
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CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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CY2017Q1 us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
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1360000 USD
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6700000 USD
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CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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293000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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399000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
1468000 USD
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InterestPaidNet
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CY2017Q1 us-gaap Interest Paid Net
InterestPaidNet
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CY2017Q1 us-gaap Income Taxes Paid
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CY2017Q1 nwin Transfers From Loans To Foreclosed Real Estate
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CY2018Q1 nwin Proceeds From Maturities Of Certificates Of Deposit In Other Financial Institutions
ProceedsFromMaturitiesOfCertificatesOfDepositInOtherFinancialInstitutions
150000 USD
CY2017Q1 nwin Proceeds From Maturities Of Certificates Of Deposit In Other Financial Institutions
ProceedsFromMaturitiesOfCertificatesOfDepositInOtherFinancialInstitutions
0 USD
CY2018Q1 us-gaap Available For Sale Debt Securities Amortized Cost Basis
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CY2018Q1 us-gaap Available For Sale Securities
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0.0654 pure
CY2018Q1 nwin Available For Sale Securities Debt Maturities After One Through Five Years Tax Equivalent Yield Rate
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0.0436 pure
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0.0477 pure
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0.0359 pure
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41000 USD
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CY2017Q4 us-gaap Trading Securities Pledged As Collateral
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CY2018Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
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123055000 USD
CY2018Q1 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
44233000 USD
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AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
2374000 USD
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3209000 USD
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CY2018Q1 us-gaap Available For Sale Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions Less Than One Year
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37 Securities
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CY2018Q1 us-gaap Loans And Leases Receivable Loans In Process
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CY2017Q4 us-gaap Loans And Leases Receivable Loans In Process
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CY2018Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
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LoansAndLeasesReceivableGrossCarryingAmount
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CY2018Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
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CY2018Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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CY2018Q1 us-gaap Provision For Loan And Lease Losses
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341000 USD
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CY2017Q1 us-gaap Allowance For Loan And Lease Losses Write Offs
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1108000 USD
CY2017Q1 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
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10000 USD
CY2017Q1 us-gaap Provision For Loan And Lease Losses
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CY2017Q1 us-gaap Loans And Leases Receivable Allowance
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CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
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59000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
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704000 USD
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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7038000 USD
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6778000 USD
CY2018Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
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1320000 USD
CY2017Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
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1832000 USD
CY2018Q1 nwin Financing Receivable Purchased Credit Impaired Individually Evaluated For Impairment
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712000 USD
CY2017Q4 nwin Financing Receivable Purchased Credit Impaired Individually Evaluated For Impairment
FinancingReceivablePurchasedCreditImpairedIndividuallyEvaluatedForImpairment
690000 USD
CY2018Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
622630000 USD
CY2017Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
617689000 USD
CY2018Q1 us-gaap Financing Receivable Recorded Investment Past Due
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9951000 USD
CY2018Q1 us-gaap Financing Receivable Recorded Investment Current
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614711000 USD
CY2018Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
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51000 USD
CY2018Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3996000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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4996000 USD
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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2867413 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
2863156 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
250000 shares
CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
271000 USD
CY2018Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
0 USD
CY2018Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
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271000 USD
CY2018Q1 nwin Minimum Percentage Of Defaults Rates On Above3 Years Issuer Average In Other Than Temporary Impairment Model Assumptions
MinimumPercentageOfDefaultsRatesOnAbove3YearsIssuerAverageInOtherThanTemporaryImpairmentModelAssumptions
0.0025 pure
CY2018Q1 nwin Maximum Percentage Of Defaults Rates On Above3 Years Issuer Average In Other Than Temporary Impairment Model Assumptions
MaximumPercentageOfDefaultsRatesOnAbove3YearsIssuerAverageInOtherThanTemporaryImpairmentModelAssumptions
0.0500 pure
CY2018Q1 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
3500000 USD
CY2018Q1 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
20415000 USD
CY2018Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
1908000 USD
CY2018Q1 nwin Demand And Savings Deposits
DemandAndSavingsDeposits
126582000 USD
CY2018Q1 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
30360000 USD
CY2018Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
42000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
20415000 USD
CY2018Q1 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1949000 USD
CY2018Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
602764000 USD
CY2018Q1 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
3000000 USD
CY2018Q1 nwin Interest Receivable Fair Value
InterestReceivableFairValue
3052000 USD
CY2018Q1 nwin Demand And Saving Deposits Fair Value Disclosure
DemandAndSavingDepositsFairValueDisclosure
126582000 USD
CY2018Q1 nwin Certificates Of Deposits Fair Value Disclosure
CertificatesOfDepositsFairValueDisclosure
666925000 USD
CY2018Q1 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
13387000 USD
CY2018Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
30254000 USD
CY2018Q1 nwin Interest Payable Fair Value
InterestPayableFairValue
42000 USD
CY2017Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
11025000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group Mortgage
LoansReceivableHeldForSaleNetNotPartOfDisposalGroupMortgage
1592000 USD
CY2017Q4 nwin Demand And Savings Deposits
DemandAndSavingsDeposits
120556000 USD
CY2017Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
20881000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
42000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
11025000 USD
CY2017Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
1625000 USD
CY2017Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
608506000 USD
CY2017Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
3000000 USD
CY2017Q4 nwin Interest Receivable Fair Value
InterestReceivableFairValue
3262000 USD
CY2017Q4 nwin Demand And Saving Deposits Fair Value Disclosure
DemandAndSavingDepositsFairValueDisclosure
120556000 USD
CY2017Q4 nwin Certificates Of Deposits Fair Value Disclosure
CertificatesOfDepositsFairValueDisclosure
670967000 USD
CY2017Q4 us-gaap Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
11292000 USD
CY2017Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
20818000 USD
CY2017Q4 nwin Interest Payable Fair Value
InterestPayableFairValue
42000 USD
CY2017Q4 nwin Certificate Of Disclosure Fair Value Disclosure
CertificateOfDisclosureFairValueDisclosure
1640000 USD
CY2017Q4 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
1676000 USD
CY2018Q1 us-gaap Basis Of Accounting
BasisOfAccounting
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> <b>Note 1 - Basis of Presentation</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> The consolidated financial statements include the accounts of NorthWest Indiana Bancorp (the &#8220;Bancorp&#8221;), its wholly-owned subsidiaries NWIN Risk Management, Inc. (a captive insurance subsidiary) and Peoples Bank SB (the &#8220;Bank&#8221;), and the Bank&#8217;s wholly-owned subsidiaries, Peoples Service Corporation, NWIN, LLC, NWIN Funding, Incorporated, and Columbia Development Company, LLC. The Bancorp&#8217;s business activities include being a holding company for the Bank as well as a holding company for NWIN Risk Management, Inc. The Bancorp&#8217;s earnings are primarily dependent upon the earnings of the Bank. The accompanying unaudited consolidated financial statements were prepared in accordance with instructions for Form 10-Q and, therefore, do not include all disclosures required by U.S. generally accepted accounting principles for complete presentation of consolidated financial statements. In the opinion of management, the consolidated financial statements contain all adjustments necessary to present fairly the consolidated balance sheets of the Bancorp as of March 31, 2018 and December 31, 2017, and the consolidated statements of income, comprehensive income (loss), changes in stockholders&#8217; equity and consolidated statements of cash flows for the three months ended March 31, 2018 and 2017. The income reported for the three month period ended March 31, 2018 is not necessarily indicative of the results to be expected for the full year.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000 shares
CY2018Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2924978 shares
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2920545 shares
CY2018Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2868940 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2864507 shares
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
84108000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-4032000 USD
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
776000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
52000 USD
CY2017Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
47000 USD
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
833000 USD
CY2017Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
802000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
86427000 USD
CY2018Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
2369000 USD
CY2017Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-9142000 USD
CY2018Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2000000 USD
CY2018Q1 nwin Impaired Financing Receivable Reserve
ImpairedFinancingReceivableReserve
59000 USD
CY2018Q1 nwin Impaired Financing Receivable Fair Value
ImpairedFinancingReceivableFairValue
1900000 USD
CY2017Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
2500000 USD
CY2017Q4 nwin Impaired Financing Receivable Reserve
ImpairedFinancingReceivableReserve
704000 USD
CY2017Q4 nwin Impaired Financing Receivable Fair Value
ImpairedFinancingReceivableFairValue
1800000 USD
CY2018Q1 nwin Minimum Percentage Of Recovery Assumptions On Other Than Temporary Impairment Model Assumptions
MinimumPercentageOfRecoveryAssumptionsOnOtherThanTemporaryImpairmentModelAssumptions
0 pure
CY2018Q1 nwin Maximum Percentage Of Recovery Assumptions On Other Than Temporary Impairment Model Assumptions
MaximumPercentageOfRecoveryAssumptionsOnOtherThanTemporaryImpairmentModelAssumptions
0.15 pure
CY2018Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
4433 shares
CY2017Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
4575 shares
CY2018Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
52000 USD
CY2017Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
47000 USD
CY2018Q1 nwin Sharebased Compensation Expense Estimated For Remainder Of Fiscal Year
SharebasedCompensationExpenseEstimatedForRemainderOfFiscalYear
542000 USD
CY2018Q1 nwin Sharebased Compensation Expense Estimated For Year Two
SharebasedCompensationExpenseEstimatedForYearTwo
153000 USD
CY2018Q1 nwin Sharebased Compensation Expense Estimated For Year Three
SharebasedCompensationExpenseEstimatedForYearThree
184000 USD
CY2018Q1 nwin Sharebased Compensation Expense Estimated For Year Four
SharebasedCompensationExpenseEstimatedForYearFour
150000 USD
CY2018Q1 nwin Sharebased Compensation Expense Estimated For Year Five
SharebasedCompensationExpenseEstimatedForYearFive
55000 USD
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
139 shares
CY2018Q1 us-gaap Notes Receivable Net
NotesReceivableNet
624662000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
620211000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
13129000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
607082000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
227000 USD
CY2018Q1 us-gaap Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
1526000 USD
CY2018Q1 nwin Certificate Of Disclosure Fair Value Disclosure
CertificateOfDisclosureFairValueDisclosure
1493000 USD
CY2018Q1 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
18000 USD
CY2018Q1 nwin Interest Rate Derivative Liabilities At Carrying Value
InterestRateDerivativeLiabilitiesAtCarryingValue
18000 USD
CY2018Q1 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0in; MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> <b>Note 11 - Change in Accounting Principles</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0pt; FONT: 10pt Arial, Helvetica, Sans-Serif; MARGIN-BOTTOM: 0pt; MARGIN-RIGHT: 0px; font-size-adjust: none; font-stretch: normal" align="justify">&#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> In May 2014, FASB issued Accounting Standards Update (ASU) No. 2014-09 and ASU 2015-14, <i>Revenue from Contracts with Customers (Topic 606)</i>, superseding the current revenue recognition requirements in Topic 605, Revenue Recognition. The ASU is based on the principle that revenue is recognized to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The ASU also requires additional disclosure about the nature, amount, timing, and uncertainty of revenue and cash flows arising from customer contracts, including significant judgments and changes in judgments and assets recognized from costs incurred to obtain or fulfill a contract. The new guidance is effective for the Bancorp's year ending December 31, 2018 and has been adopted as of January 1, 2018. The use of the modified retrospective approach has been&#160;used for implementing this standard. Interest income is outside of the scope of the new standard and will not be impacted by the adoption of the standard. Management mapped noninterest income accounts to their associated income streams and applied the five step model to identify the contract, identify the performance obligations in the contract, determine the total transaction price, allocate the transaction price to each performance obligation, and ensure revenue is recognized when the performance obligation is satisfied. A review of the Bancorp&#8217;s noninterest income has not resulted in a change in revenue recognition since adoption.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> &#160;</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Arial, Helvetica, Sans-Serif; font-size-adjust: none; font-stretch: normal"> In January 2016, FASB issued Accounting Standards Update (ASU) No. 2016-01, <i>Recognition and Measurement of Financial Assets and Financial Liabilities</i>. The ASU covers various changes to the accounting, measurement, and disclosures related to certain financial instruments, including requiring equity investments to be accounted for at fair value with changes recorded through earnings, the use of the exit price when measuring fair value, and disaggregation of financial assets and liabilities by category for disclosure purposes. The new guidance is effective for the Bancorp's year ending December 31, 2018 and was adopted on January 1, 2018. The adoption of this ASU has not had a material impact on the consolidated financial statements, as the Bancorp does not hold any equity securities with unrealized gains or losses. The new reporting requirements have been incorporated into the fair value of financial instruments table and disclosures.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>

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