2020 Q4 Form 10-Q Financial Statement

#000092708921000072 Filed on February 12, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019 Q3
Revenue $5.380M $5.162M $5.168M
YoY Change 4.22% 3.32% 5.77%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $201.0K $131.0K $160.0K
YoY Change 53.44% -10.88% 6.67%
% of Gross Profit
Depreciation & Amortization $160.0K $160.0K $161.0K
YoY Change 0.0% 33.33% 33.06%
% of Gross Profit
Operating Expenses $201.0K $131.0K $160.0K
YoY Change 53.44% -10.88% 6.67%
Operating Profit
YoY Change
Interest Expense $905.0K $1.387M $1.354M
YoY Change -34.75% 29.02% 35.67%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.793M $735.0K $1.526M
YoY Change 143.95% -52.21% -0.39%
Income Tax $390.0K $147.0K $279.0K
% Of Pretax Income 21.75% 20.0% 18.28%
Net Earnings $1.403M $588.0K $1.247M
YoY Change 138.61% -49.96% 2.38%
Net Earnings / Revenue 26.08% 11.39% 24.13%
Basic Earnings Per Share $0.44 $0.35 $0.73
Diluted Earnings Per Share $0.42 $0.32 $0.68
COMMON SHARES
Basic Shares Outstanding 3.234M 1.699M 1.717M
Diluted Shares Outstanding

Balance Sheet

Concept 2020 Q4 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $79.80M $14.90M $33.14M
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 $14.84M $13.25M $13.11M
YoY Change 11.99% 0.37% 2.45%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $800.0K $900.0K $900.0K
YoY Change -11.11% -18.18% -18.18%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $535.4M $455.3M $459.9M
YoY Change 17.59% 6.98% 7.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $2.300M $1.300M $2.000M
YoY Change 76.92% 8.33% -9.09%
Deferred Revenue
YoY Change
Short-Term Debt $2.800M $1.500M $1.800M
YoY Change 86.67% 87.5% 100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.300M $1.300M $2.000M
YoY Change 76.92% 8.33% -9.09%
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 $2.300M $1.300M $2.000M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $483.9M $405.3M $410.2M
YoY Change 19.39% 7.54% 7.82%
SHAREHOLDERS EQUITY
Retained Earnings $14.63M $14.62M $14.54M
YoY Change 0.05%
Common Stock $22.00K $23.00K $23.00K
YoY Change -4.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $51.46M $49.97M $49.74M
YoY Change
Total Liabilities & Shareholders Equity $535.4M $455.3M $459.9M
YoY Change 17.59% 6.98% 7.38%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $1.403M $588.0K $1.247M
YoY Change 138.61% -49.96% 2.38%
Depreciation, Depletion And Amortization $160.0K $160.0K $161.0K
YoY Change 0.0% 33.33% 33.06%
Cash From Operating Activities $1.090M -$1.410M -$1.489M
YoY Change -177.3% -170.5% -135.22%
INVESTING ACTIVITIES
Capital Expenditures -$1.090M -$290.0K -$360.0K
YoY Change 275.86% -76.03% -49.3%
Acquisitions
YoY Change
Other Investing Activities $10.70M -$12.15M $600.0K
YoY Change -188.07% -12250.0% -105.5%
Cash From Investing Activities $9.610M -$12.44M $1.039M
YoY Change -177.25% 1020.72% -108.93%
FINANCING ACTIVITIES
Cash Dividend Paid $293.0K
YoY Change 10.57%
Common Stock Issuance & Retirement, Net $1.783M
YoY Change 800.51%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -6.540M -4.390M 15.48M
YoY Change 48.97% 31.04% 217.45%
NET CHANGE
Cash From Operating Activities 1.090M -1.410M -1.489M
Cash From Investing Activities 9.610M -12.44M 1.039M
Cash From Financing Activities -6.540M -4.390M 15.48M
Net Change In Cash 4.160M -18.24M 15.03M
YoY Change -122.81% 641.46% -694.86%
FREE CASH FLOW
Cash From Operating Activities $1.090M -$1.410M -$1.489M
Capital Expenditures -$1.090M -$290.0K -$360.0K
Free Cash Flow $2.180M -$1.120M -$1.129M
YoY Change -294.64% -134.89% -122.86%

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30320000
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Amortized Cost Basis
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
29414000
CY2020Q2 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
1021000
CY2020Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
945000
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
0
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
0
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
30320000
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0
CY2020Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
29414000
CY2020Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
32222000
CY2020Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
21879000
CY2019Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5162000
CY2020Q4 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5380000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9284000
CY2020Q4 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5074000
CY2020 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
9834000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7607000
CY2020Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
907000
CY2020Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
0
CY2020Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
2981000
CY2020Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
0
CY2020Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
5446000
CY2020Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
6198000
CY2020Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
6198000
CY2020Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
8427000
CY2020Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
6198000
CY2020Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
8427000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2261000
CY2020Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1793000
CY2019Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
735000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3363000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
713000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
426000
CY2019Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
147000
CY2020Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
390000
us-gaap Income Taxes Paid
IncomeTaxesPaid
580000
us-gaap Income Taxes Paid
IncomeTaxesPaid
925000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-189000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-312000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-62000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-454000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
17049000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
13201000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
135000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
211000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-283000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-660000
CY2019Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
133000
CY2020Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
67000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
129000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
57000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10330000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10364000
CY2019Q4 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4632000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9721000
CY2019Q4 us-gaap Interest Expense
InterestExpense
1387000
us-gaap Interest Expense
InterestExpense
2742000
CY2020Q4 us-gaap Interest Expense
InterestExpense
905000
us-gaap Interest Expense
InterestExpense
1901000
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
30000
CY2019Q4 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
13000
CY2020Q4 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
17000
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
17000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
30000
CY2020Q4 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
11000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
23000
CY2019Q4 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
14000
CY2019Q4 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1360000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2695000
CY2020Q4 us-gaap Interest Expense Deposits
InterestExpenseDeposits
877000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1848000
CY2020Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
3875000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7163000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6463000
CY2019Q4 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
2825000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
817000
CY2020Q4 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
281000
us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
597000
CY2019Q4 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
427000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
7588000
CY2019Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3775000
CY2020Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4475000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8463000
us-gaap Interest Paid Net
InterestPaidNet
1968000
us-gaap Interest Paid Net
InterestPaidNet
1887000
CY2020Q2 us-gaap Interest Receivable
InterestReceivable
1860000
CY2020Q4 us-gaap Interest Receivable
InterestReceivable
1406000
CY2020Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
370976000
CY2020Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
357388000
CY2020Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
75195000
CY2020Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
50417000
us-gaap Investment Income Net
InvestmentIncomeNet
4000
CY2020Q4 us-gaap Investment Income Net
InvestmentIncomeNet
1000
us-gaap Investment Income Net
InvestmentIncomeNet
31000
CY2019Q4 us-gaap Investment Income Net
InvestmentIncomeNet
15000
CY2020Q4 us-gaap Longterm Federal Home Loan Bank Advances Noncurrent
LongtermFederalHomeLoanBankAdvancesNoncurrent
850000
CY2020Q2 us-gaap Longterm Federal Home Loan Bank Advances Noncurrent
LongtermFederalHomeLoanBankAdvancesNoncurrent
867000
CY2020Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2138000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3696000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
4352000
CY2019Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1890000
us-gaap Legal Fees
LegalFees
264000
CY2020Q4 us-gaap Legal Fees
LegalFees
134000
us-gaap Legal Fees
LegalFees
262000
CY2019Q4 us-gaap Legal Fees
LegalFees
153000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
535394000
CY2020Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
518220000
CY2020Q2 us-gaap Liabilities
Liabilities
467685000
CY2020Q4 us-gaap Liabilities
Liabilities
483932000
CY2020Q4 us-gaap Line Of Credit
LineOfCredit
2500000
CY2020Q2 us-gaap Line Of Credit
LineOfCredit
2300000
CY2019Q4 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
50000
CY2020Q4 us-gaap Loan Portfolio Expense
LoanPortfolioExpense
83000
us-gaap Loan Portfolio Expense
LoanPortfolioExpense
177000
us-gaap Loan Portfolio Expense
LoanPortfolioExpense
169000
CY2020Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
14798000
CY2020Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
27904000
CY2020 us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
0
us-gaap Loans And Leases Receivable Impaired Interest Income Recognized Change In Present Value Attributable To Passage Of Time
LoansAndLeasesReceivableImpairedInterestIncomeRecognizedChangeInPresentValueAttributableToPassageOfTime
0
CY2020Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4081000
CY2020Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3790000
CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3452000
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3497000
CY2020Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2020Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1435000
CY2020Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
638000
CY2020Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
340791000
CY2020Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
365443000
CY2020Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
4000000
CY2020Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
3800000
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
113000
CY2020 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
464000
CY2020Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
359927000
CY2020Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
336363000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-9637000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2104000
us-gaap Net Income Loss
NetIncomeLoss
1835000
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
1403000
CY2019Q4 us-gaap Net Income Loss
NetIncomeLoss
588000
us-gaap Net Income Loss
NetIncomeLoss
2650000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12201000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
19314000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
15247000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11093000
CY2020Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
103422000
CY2020Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
106883000
CY2020Q4 us-gaap Noninterest Expense
NoninterestExpense
3590000
us-gaap Noninterest Expense
NoninterestExpense
6084000
us-gaap Noninterest Expense
NoninterestExpense
7013000
CY2019Q4 us-gaap Noninterest Expense
NoninterestExpense
3007000
us-gaap Noninterest Income
NoninterestIncome
3213000
CY2020Q4 us-gaap Noninterest Income
NoninterestIncome
1508000
CY2019Q4 us-gaap Noninterest Income
NoninterestIncome
917000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
us-gaap Noninterest Income
NoninterestIncome
1882000
CY2019Q4 us-gaap Noninterest Income Other
NoninterestIncomeOther
11000
CY2020Q4 us-gaap Noninterest Income Other
NoninterestIncomeOther
15000
us-gaap Noninterest Income Other
NoninterestIncomeOther
28000
us-gaap Noninterest Income Other
NoninterestIncomeOther
20000
CY2020Q4 us-gaap Occupancy Net
OccupancyNet
393000
us-gaap Occupancy Net
OccupancyNet
728000
us-gaap Occupancy Net
OccupancyNet
769000
CY2019Q4 us-gaap Occupancy Net
OccupancyNet
356000
CY2020Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
CY2019Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0
CY2019Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0
CY2020Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
0
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
90000
CY2019Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
156000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
262000
CY2020Q4 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
60000
CY2020Q2 us-gaap Other Assets
OtherAssets
1817000
CY2020Q4 us-gaap Other Assets
OtherAssets
2028000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-24000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-69000
CY2019Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-41000
CY2020Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-15000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-114000
CY2020Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-75000
CY2019Q4 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-197000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-331000
CY2019Q4 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
88000
CY2020Q4 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
24000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
198000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
42000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
375000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
388000
CY2020Q4 us-gaap Other Noninterest Expense
OtherNoninterestExpense
204000
CY2019Q4 us-gaap Other Noninterest Expense
OtherNoninterestExpense
183000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
331000
us-gaap Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
115000
CY2020Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
2333000
CY2020Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
2993000
CY2019Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-156000
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-60000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-262000
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-90000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-121000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-23016000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2005000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1393000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
114889000
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
50982000
us-gaap Payments Of Dividends
PaymentsOfDividends
565000
us-gaap Payments Of Dividends
PaymentsOfDividends
579000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
5077000
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
21250000
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0
us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
16406000
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2020Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2020Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2020Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
CY2020Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family: 'Times New Roman'; font-size: 10pt;"><div style="text-align: justify; text-indent: -36pt; margin-left: 36pt; font-weight: bold;">Reclassification</div><div><br /></div><div style="text-align: justify;">Certain financial statement balances included in the prior year consolidated financial statements have been reclassified to conform to the current period presentation.</div></div>
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
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us-gaap Proceeds From Sale Of Land Held For Use
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0
us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
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us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
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us-gaap Proceeds From Sale Of Loans Held For Sale
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CY2020Q4 us-gaap Real Estate Owned Valuation Allowance Provision1
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CY2019Q4 us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
0
us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
0
us-gaap Repayments Of Federal Home Loan Bank Borrowings
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us-gaap Repayments Of Federal Home Loan Bank Borrowings
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153000
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
450000
us-gaap Repayments Of Other Debt
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CY2020Q2 us-gaap Retained Earnings Accumulated Deficit
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CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
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StockIssuedDuringPeriodValueStockOptionsExercised
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StockIssuedDuringPeriodValueStockOptionsExercised
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StockIssuedDuringPeriodValueStockOptionsExercised
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CY2020Q4 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
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CY2019Q4 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
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CY2019Q4 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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0
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
0
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StockRepurchasedDuringPeriodValue
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288254
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CY2020Q4 us-gaap Weighted Average Number Of Shares Employee Stock Ownership Plan Shares Not Committed To Be Released
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82000
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94000
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CY2020Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2019Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q4 us-gaap Weighted Average Number Of Shares Treasury Stock
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1363000
CY2019Q4 us-gaap Weighted Average Number Of Shares Treasury Stock
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us-gaap Weighted Average Number Of Shares Treasury Stock
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us-gaap Weighted Average Number Of Shares Treasury Stock
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CY2019Q4 us-gaap Weighted Average Number Of Shares Issued Basic
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us-gaap Weighted Average Number Of Shares Issued Basic
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CY2020Q4 us-gaap Weighted Average Number Of Shares Issued Basic
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dei Amendment Flag
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false
dei Current Fiscal Year End Date
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dei Document Period End Date
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2020-12-31
dei Entity Address State Or Province
EntityAddressStateOrProvince
LA
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
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Home Federal Bancorp, Inc. of Louisiana
dei Entity Central Index Key
EntityCentralIndexKey
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CY2021Q1 dei Entity Common Stock Shares Outstanding
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1689527
dei Document Fiscal Year Focus
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2021
dei Entity Emerging Growth Company
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false
dei Document Type
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10-Q
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true
CY2020Q4 hfbl Weighted Average Number Of Shares Unearned Recognition And Retention Plan Trust Shares
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0
CY2019Q4 hfbl Weighted Average Number Of Shares Unearned Recognition And Retention Plan Trust Shares
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0
hfbl Weighted Average Number Of Shares Unearned Recognition And Retention Plan Trust Shares
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0
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CY2019Q4 hfbl Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number During Period
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274294
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274963
CY2020Q4 hfbl Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number During Period
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hfbl Number Of Days From Origination To Dispose Loans Held For Sale Mortgages Maximum
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hfbl Recognition And Retention Plan Share Distributions
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2000
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13698000
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82000
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1936000
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CY2020Q4 hfbl Unearned Esop Shares Cost
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812000
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870000
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1
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0
hfbl Advertising Costs Capitalized Direct Response Advertising
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0

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