2015 Q4 Form 10-Q Financial Statement

#000162828015008561 Filed on November 09, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $21.02M $20.42M $20.35M
YoY Change 2.39% 0.35% 8.17%
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 $1.000M $1.100M $1.200M
YoY Change -16.67% -8.33% 9.09%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.560M $1.557M
YoY Change 0.19% -3.89%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.65M $10.15M $11.15M
YoY Change -0.93% -8.94% 17.92%
Income Tax $2.940M $2.429M $3.438M
% Of Pretax Income 27.61% 23.93% 30.85%
Net Earnings $7.712M $7.721M $7.708M
YoY Change 0.89% 0.17% 18.9%
Net Earnings / Revenue 36.68% 37.81% 37.88%
Basic Earnings Per Share $0.58 $0.58 $0.58
Diluted Earnings Per Share $0.58 $0.58 $0.58
COMMON SHARES
Basic Shares Outstanding 13.28M shares 13.27M shares 13.21M shares
Diluted Shares Outstanding 13.27M shares 13.23M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
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 $37.82M $37.91M $40.32M
YoY Change -5.29% -5.99% 9.87%
Goodwill $20.54M $20.54M $20.54M
YoY Change 0.0% 0.0%
Intangibles $1.283M $1.443M $2.353M
YoY Change -38.14% -38.67%
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 $2.374B $2.374B $2.206B
YoY Change 6.11% 7.61% 7.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.70M $23.00M $13.10M
YoY Change -3.56% 75.57% 5.65%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $177.7M
YoY Change 25.62%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $21.70M $23.00M $13.10M
YoY Change -3.56% 75.57% 5.65%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $21.70M $23.00M $13.10M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.121B $2.066B $1.986B
YoY Change 5.63% 4.04% 5.9%
SHAREHOLDERS EQUITY
Retained Earnings $125.1M $119.7M $98.53M
YoY Change 20.23% 21.44%
Common Stock $123.4M $123.1M $121.7M
YoY Change 1.27% 1.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $252.3M $247.4M $220.3M
YoY Change
Total Liabilities & Shareholders Equity $2.374B $2.313B $2.206B
YoY Change 6.11% 4.86% 7.08%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $7.712M $7.721M $7.708M
YoY Change 0.89% 0.17% 18.9%
Depreciation, Depletion And Amortization $1.000M $1.100M $1.200M
YoY Change -16.67% -8.33% 9.09%
Cash From Operating Activities $2.100M $13.40M $11.10M
YoY Change -82.79% 20.72% -40.96%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$400.0K -$800.0K
YoY Change 16.67% -50.0% 14.29%
Acquisitions
YoY Change
Other Investing Activities -$66.00M -$41.40M $17.30M
YoY Change -2.08% -339.31% -149.43%
Cash From Investing Activities -$66.70M -$41.80M $16.50M
YoY Change -1.91% -353.33% -146.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 54.50M 38.20M 2.400M
YoY Change 390.99% 1491.67% -94.43%
NET CHANGE
Cash From Operating Activities 2.100M 13.40M 11.10M
Cash From Investing Activities -66.70M -41.80M 16.50M
Cash From Financing Activities 54.50M 38.20M 2.400M
Net Change In Cash -10.10M 9.800M 30.00M
YoY Change -77.4% -67.33% 14.5%
FREE CASH FLOW
Cash From Operating Activities $2.100M $13.40M $11.10M
Capital Expenditures -$700.0K -$400.0K -$800.0K
Free Cash Flow $2.800M $13.80M $11.90M
YoY Change -78.13% 15.97% -38.97%

Facts In Submission

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CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
0 USD
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
0 USD
CY2015Q3 us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
0 USD
us-gaap Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Accretable Yield Reclassifications From Nonaccretable Difference
CertainLoansAcquiredInTransferNotAccountedForAsDebtSecuritiesAccretableYieldReclassificationsFromNonaccretableDifference
104000 USD
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.48
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.51
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2015Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2015Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13215800 shares
CY2015Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13273349 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13215800 shares
CY2015Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13273349 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
13216000 USD
CY2015Q3 us-gaap Common Stock Value
CommonStockValue
13273000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
7916000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
26009000 USD
CY2015Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11882000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
24046000 USD
CY2014Q3 us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
83000 USD
us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
83000 USD
CY2015Q3 us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
0 USD
us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
0 USD
CY2014Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
206064000 USD
CY2015Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
239072000 USD
CY2014Q4 us-gaap Deposits Domestic
DepositsDomestic
1779761000 USD
CY2015Q3 us-gaap Deposits Domestic
DepositsDomestic
1803835000 USD
CY2014Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1189000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3611000 USD
CY2015Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1047000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
3254000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.57
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.58
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.69
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.57
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.58
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.69
CY2014Q3 us-gaap Equipment Expense
EquipmentExpense
463000 USD
us-gaap Equipment Expense
EquipmentExpense
1472000 USD
CY2015Q3 us-gaap Equipment Expense
EquipmentExpense
456000 USD
us-gaap Equipment Expense
EquipmentExpense
1417000 USD
CY2014Q4 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
84000 USD
CY2015Q3 us-gaap Fair Value Option Loans Held As Assets Aggregate Difference
FairValueOptionLoansHeldAsAssetsAggregateDifference
120000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
828000 USD
CY2014Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
277000 USD
CY2015Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
284000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
850000 USD
CY2014Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
7040000 USD
CY2015Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
8167000 USD
CY2014Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
1300000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
3552000 USD
CY2015Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
1237000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
3594000 USD
CY2014Q3 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
508000 USD
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1467000 USD
CY2015Q3 us-gaap Fees And Commissions Other
FeesAndCommissionsOther
547000 USD
us-gaap Fees And Commissions Other
FeesAndCommissionsOther
1593000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
13343000 USD
CY2015Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
13082000 USD
CY2014Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1532000 USD
CY2015Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1688000 USD
CY2014Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1443363000 USD
CY2015Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
1510330000 USD
CY2014Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
6044000 USD
CY2015Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
6116000 USD
CY2014Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1 loan
CY2015Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
CY2014Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
197000 USD
CY2015Q3 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 USD
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
0 USD
CY2014Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
0 USD
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
201000 USD
CY2015Q3 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
0 USD
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
0 USD
CY2014Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
4650000 USD
CY2015Q3 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
4035000 USD
CY2014Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 loan
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 loan
CY2015Q3 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 loan
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1 loan
CY2014Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
186000 USD
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
186000 USD
CY2015Q3 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
95000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
143000 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
10000 USD
CY2015Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
831000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2364000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
46000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-53000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
20536000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
20536000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1450826000 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1516915000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
5970000 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
5326000 USD
CY2014Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
6942000 USD
CY2015Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
6455000 USD
CY2014Q3 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
CY2015Q3 us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
us-gaap Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
0 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
1039000 USD
us-gaap Gain Loss On Investments
GainLossOnInvestments
725000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-28000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-389000 USD
CY2014Q3 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
567000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
1039000 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
725000 USD
CY2014Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
613000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1475000 USD
CY2014Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
184000 USD
CY2015Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
95000 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
95000 USD
CY2015Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
95000 USD
CY2014Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
186000 USD
CY2015Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
95000 USD
CY2014Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7243000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
9578000 USD
CY2015Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6427000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6621000 USD
CY2014Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
52000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
195000 USD
CY2015Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
48000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
188000 USD
CY2014Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
55000 USD
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
191000 USD
CY2015Q3 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
47000 USD
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
187000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
6386000 USD
CY2015Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
6116000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1542000 USD
CY2015Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1688000 USD
CY2014Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
7568000 USD
CY2015Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
6884000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11146000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
29667000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
10150000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31020000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3438000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8967000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2429000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8668000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
7192000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
6219000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-47658000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
24085000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4708000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2278000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2214000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-412000 USD
CY2014Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
935000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
2892000 USD
CY2015Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
901000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
2608000 USD
CY2014Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1739000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
5777000 USD
CY2015Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1752000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
5812000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2074000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
1443000 USD
CY2014Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20348000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
59854000 USD
CY2015Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20419000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
60597000 USD
CY2014Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
16680000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
48766000 USD
CY2015Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
16702000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
49538000 USD
CY2014Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
1018320000 USD
CY2015Q3 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
1039520000 USD
CY2014Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
532000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1448000 USD
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3136000 USD
CY2015Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1538000 USD
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
4219000 USD
us-gaap Interest Paid
InterestPaid
4650000 USD
us-gaap Interest Paid
InterestPaid
4610000 USD
CY2014Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
100000 USD
CY2015Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
100000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
1557000 USD
us-gaap Interest Expense
InterestExpense
4546000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
1560000 USD
us-gaap Interest Expense
InterestExpense
4483000 USD
CY2015Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
573000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1481000 USD
CY2014Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
1025000 USD
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
3098000 USD
CY2015Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
987000 USD
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
3002000 USD
CY2014Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18791000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
54758000 USD
CY2015Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
19359000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
56114000 USD
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18791000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
55308000 USD
CY2015Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18859000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
56114000 USD
CY2014Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1135000 USD
CY2014Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7975000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
24285000 USD
CY2015Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8998000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
26082000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
2008275000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
2065858000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2237099000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2313210000 USD
us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
631000 USD
us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
454000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
14584000 USD
CY2014Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">German American Bancorp, Inc. operates primarily in the banking industry.&#160;The accounting and reporting policies of German American Bancorp, Inc. and its subsidiaries (hereinafter collectively referred to as the "Company") conform to U.S. generally accepted accounting principles.&#160;Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles have been condensed or omitted.&#160;All adjustments which are, in the opinion of management, necessary for a fair presentation of the results for the periods reported have been included in the accompanying unaudited consolidated financial statements, and all such adjustments are of a normal recurring nature.&#160;It is suggested that these consolidated financial statements and notes be read in conjunction with the financial statements and notes thereto in the Company's Annual Report on Form 10-K for the year ended December 31, 2014. Certain items included in the prior period financial statements were reclassified to conform to the current presentation. There was no effect on net income or total shareholder&#8217;s equity based on these reclassifications.</font></div></div>

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