2012 Q2 Form 10-Q Financial Statement

#000092011212000071 Filed on August 09, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $47.03M $48.58M
YoY Change -3.19% -3.34%
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 $1.700M $2.000M
YoY Change -15.0% -4.76%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $9.853M $11.98M
YoY Change -17.76% -17.11%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $21.00M $15.08M
YoY Change 39.21% 112.03%
Income Tax $7.032M $4.870M
% Of Pretax Income 33.49% 32.29%
Net Earnings $13.96M $10.22M
YoY Change 36.55% 101.28%
Net Earnings / Revenue 29.68% 21.04%
Basic Earnings Per Share $0.79 $0.54
Diluted Earnings Per Share $0.77 $0.54
COMMON SHARES
Basic Shares Outstanding 16.47M shares 16.43M shares
Diluted Shares Outstanding 16.72M shares 16.57M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $82.83M $148.4M
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 $114.8M $118.8M
YoY Change -3.37% -2.6%
Goodwill $25.91M $25.91M
YoY Change 0.0%
Intangibles $14.30M $13.10M
YoY Change 9.1%
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 $4.428B $4.011B
YoY Change 10.4% 0.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $91.00M $37.00M
YoY Change 145.95% -2.63%
Deferred Revenue
YoY Change
Short-Term Debt $249.5M $168.0M
YoY Change 48.48% -73.2%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $91.00M $37.00M
YoY Change 145.95% -2.63%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $91.00M $37.00M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $4.053B $3.665B
YoY Change 10.58% -0.51%
SHAREHOLDERS EQUITY
Retained Earnings $219.6M $193.0M
YoY Change 13.79%
Common Stock $60.84M $61.34M
YoY Change -0.82%
Preferred Stock
YoY Change
Treasury Stock (at cost) $1.939M -$2.598M
YoY Change -174.63%
Treasury Stock Shares 125.1K shares 169.2K shares
Shareholders Equity $372.3M $342.9M
YoY Change
Total Liabilities & Shareholders Equity $4.428B $4.011B
YoY Change 10.4% 0.07%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $13.96M $10.22M
YoY Change 36.55% 101.28%
Depreciation, Depletion And Amortization $1.700M $2.000M
YoY Change -15.0% -4.76%
Cash From Operating Activities $48.30M $35.90M
YoY Change 34.54% 40.23%
INVESTING ACTIVITIES
Capital Expenditures -$4.400M -$1.000M
YoY Change 340.0% -58.33%
Acquisitions
YoY Change
Other Investing Activities -$187.4M $43.70M
YoY Change -528.83% -483.33%
Cash From Investing Activities -$191.7M $42.70M
YoY Change -548.95% -405.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 76.20M -16.60M
YoY Change -559.04% 19.42%
NET CHANGE
Cash From Operating Activities 48.30M 35.90M
Cash From Investing Activities -191.7M 42.70M
Cash From Financing Activities 76.20M -16.60M
Net Change In Cash -67.20M 62.00M
YoY Change -208.39% -2795.65%
FREE CASH FLOW
Cash From Operating Activities $48.30M $35.90M
Capital Expenditures -$4.400M -$1.000M
Free Cash Flow $52.70M $36.90M
YoY Change 42.82% 31.79%

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FiniteLivedIntangibleAssetsAccumulatedAmortization
15953000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14953000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
328000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
3842000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2984000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
727000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1405000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
2082000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2927000 USD
CY2011Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
27913000 USD
CY2012Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
30248000 USD
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
2710000 USD
CY2011Q2 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
1308000 USD
us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
21191000 USD
CY2012Q2 us-gaap Gain Loss On Sale Of Loans And Leases
GainLossOnSaleOfLoansAndLeases
12689000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-2683000 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-2883000 USD
CY2012Q2 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
4951000 USD
CY2011Q2 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
4756000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
8894000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
6845000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2710000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
21191000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-4143000 USD
CY2011Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-2511000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-4211000 USD
CY2012Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1307000 USD
CY2012Q2 us-gaap Goodwill
Goodwill
25909000 USD
CY2011Q4 us-gaap Goodwill
Goodwill
25909000 USD
CY2012Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
56157000 USD
CY2011Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
58260000 USD
CY2011Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
57486000 USD
CY2012Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
56120000 USD
CY2011Q4 us-gaap Held To Maturity Securities Unrecognized Holding Loss
HeldToMaturitySecuritiesUnrecognizedHoldingLoss
1544000 USD
CY2012Q2 us-gaap Held To Maturity Securities Unrecognized Holding Loss
HeldToMaturitySecuritiesUnrecognizedHoldingLoss
136000 USD
CY2011Q4 us-gaap Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
770000 USD
CY2012Q2 us-gaap Heldtomaturity Securities Unrecognized Holding Gain
HeldtomaturitySecuritiesUnrecognizedHoldingGain
99000 USD
CY2011 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
126073000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
91693000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
94896000 USD
CY2011 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
2349000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
530000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
1057000 USD
CY2011Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
100441000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
87844000 USD
CY2011Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
5480000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
7636000 USD
CY2011Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
129122000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
101678000 USD
CY2011 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
76943000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
66785000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
62159000 USD
CY2011 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
1414000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
771000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
390000 USD
CY2011Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
73947000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
60919000 USD
CY2011Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
102591000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
72111000 USD
CY2011 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
49130000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
28111000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
29534000 USD
CY2011 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
935000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
140000 USD
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
286000 USD
CY2011Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
26494000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
26925000 USD
CY2011Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
26531000 USD
CY2012Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
29567000 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
1641000 USD
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
437000 USD
CY2011Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
us-gaap Impairment Of Investments
ImpairmentOfInvestments
0 USD
CY2012Q2 us-gaap Impairment Of Investments
ImpairmentOfInvestments
-23000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20515000 USD
CY2011Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15082000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
40083000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20996000 USD
CY2012Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
7032000 USD
CY2011Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4870000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6082000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13304000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
4090000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1067000 USD
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
2000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-956000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-1305000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-132000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-7310000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3883000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2572000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2302000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
6568000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-20352000 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
297000 USD
us-gaap Increase Decrease In Trading Securities
IncreaseDecreaseInTradingSecurities
46000 USD
CY2012Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
244000 shares
CY2011Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
142000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
144000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
240000 shares
CY2011Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
856000 USD
CY2012Q2 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
939000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1704000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
1849000 USD
CY2012Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14295000 USD
CY2011Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
12960000 USD
CY2012Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
47030000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
96524000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
95272000 USD
CY2011Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
48582000 USD
CY2012Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
39382000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
77781000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
74446000 USD
CY2011Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
37480000 USD
us-gaap Interest Expense
InterestExpense
19902000 USD
CY2012Q2 us-gaap Interest Expense
InterestExpense
9853000 USD
CY2011Q2 us-gaap Interest Expense
InterestExpense
11981000 USD
us-gaap Interest Expense
InterestExpense
24202000 USD
CY2011Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
7675000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
15701000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
11379000 USD
CY2012Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
5604000 USD
CY2011Q2 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
4081000 USD
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
8017000 USD
CY2012Q2 us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
4025000 USD
us-gaap Interest Expense Other Long Term Debt
InterestExpenseOtherLongTermDebt
8086000 USD
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
484000 USD
CY2011Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
225000 USD
CY2012Q2 us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
224000 USD
CY2011Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1000 USD
CY2012Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
2000 USD
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
1000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
70016000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
58468000 USD
CY2012Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
34177000 USD
CY2011Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
32756000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
75370000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
72322000 USD
CY2011Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
36601000 USD
CY2012Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
37177000 USD
CY2011Q2 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
0 USD
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
1000 USD
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
1000 USD
CY2012Q2 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
1000 USD
CY2012Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2619000 USD
CY2011Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1796000 USD
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3550000 USD
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
4890000 USD
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
18526000 USD
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
12598000 USD
CY2012Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
5026000 USD
CY2011Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
9305000 USD
us-gaap Interest Paid
InterestPaid
20284000 USD
us-gaap Interest Paid
InterestPaid
24334000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
35666000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
49380000 USD
CY2011Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
17480000 USD
CY2012Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
25384000 USD
CY2012Q2 us-gaap Liabilities
Liabilities
4052690000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
3952165000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4305058000 USD
CY2012Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4427684000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36808000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
41439000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3663000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3270000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2634249000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
2487410000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
13347000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
9567000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2481284000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
2629597000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2597725000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
2457823000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
2457823000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
2597725000 USD
CY2012Q2 us-gaap Loans Held For Sale Other
LoansHeldForSaleOther
73284000 USD
CY2011Q4 us-gaap Loans Held For Sale Other
LoansHeldForSaleOther
53528000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
2675000 USD
CY2012Q2 us-gaap Minority Interest
MinorityInterest
2656000 USD
CY2011Q2 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
0 USD
CY2012Q2 us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
194000 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
0 USD
us-gaap Mortgage Servicing Rights Msr Impairment Recovery
MortgageServicingRightsMSRImpairmentRecovery
181000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
103105000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8780000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-168406000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
57476000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18298000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37120000 USD
CY2011Q2 us-gaap Net Income Loss
NetIncomeLoss
10212000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
13964000 USD
us-gaap Net Income Loss
NetIncomeLoss
26779000 USD
us-gaap Net Income Loss
NetIncomeLoss
14433000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-19000 USD
CY2012Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-25000 USD
CY2011Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-9000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24756000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11786000 USD
CY2011Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8885000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12936000 USD
CY2011Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
737323000 USD
CY2012Q2 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
799548000 USD
CY2012Q2 us-gaap Noninterest Expense
NoninterestExpense
41459000 USD
us-gaap Noninterest Expense
NoninterestExpense
65230000 USD
CY2011Q2 us-gaap Noninterest Expense
NoninterestExpense
32343000 USD
us-gaap Noninterest Expense
NoninterestExpense
81599000 USD
CY2012Q2 us-gaap Noninterest Income
NoninterestIncome
28278000 USD
CY2011Q2 us-gaap Noninterest Income
NoninterestIncome
14669000 USD
us-gaap Noninterest Income
NoninterestIncome
27277000 USD
us-gaap Noninterest Income
NoninterestIncome
51666000 USD
CY2011Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
-216000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
2714000 USD
CY2012Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
149000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
45000 USD
CY2011Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
2487410000 USD
CY2012Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
2634249000 USD
us-gaap Occupancy Net
OccupancyNet
5016000 USD
CY2012Q2 us-gaap Occupancy Net
OccupancyNet
2534000 USD
CY2011Q2 us-gaap Occupancy Net
OccupancyNet
2213000 USD
us-gaap Occupancy Net
OccupancyNet
4599000 USD
us-gaap Origination Of Mortgage Servicing Rights Ms Rs
OriginationOfMortgageServicingRightsMSRs
4600000 USD
us-gaap Origination Of Mortgage Servicing Rights Ms Rs
OriginationOfMortgageServicingRightsMSRs
1599000 USD
CY2011Q4 us-gaap Other Assets
OtherAssets
75392000 USD
CY2012Q2 us-gaap Other Assets
OtherAssets
76192000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-296000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-560000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-678000 USD
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Preferred Stock Dividends And Other Adjustments
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us-gaap Preferred Stock Dividends And Other Adjustments
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us-gaap Professional Fees
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us-gaap Servicing Fees Net
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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us-gaap Trading Gains Losses
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TradingGainsLosses
81000 USD
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297000 USD
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TreasuryStockValue
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TreasuryStockValue
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us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
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54000000 USD
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BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLoans
10000000 USD
CY2011Q2 htlf Financing Receivable Modifications Number Of Contracts Modified In Period
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19
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FinancingReceivableModificationsNumberOfContractsModifiedInPeriod
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FinancingReceivableModificationsPostModificationRecordedInvestmentsModifiedInPeriod
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FinancingReceivableModificationsPostModificationRecordedInvestmentsModifiedInPeriod
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FinancingReceivableModificationsPostModificationRecordedInvestmentsModifiedInPeriod
3417000 USD
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FinancingReceivableModificationsPreModificationRecordedInvestmentsModifiedInPeriod
3399000 USD
CY2011Q2 htlf Financing Receivable Modifications Pre Modification Recorded Investments Modified In Period
FinancingReceivableModificationsPreModificationRecordedInvestmentsModifiedInPeriod
8962000 USD
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FinancingReceivableModificationsPreModificationRecordedInvestmentsModifiedInPeriod
3417000 USD
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FinancingReceivableModificationsPreModificationRecordedInvestmentsModifiedInPeriod
10612000 USD
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7316000 USD
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FinancingReceivableModificationsRecordedInvestmentPerforming
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0
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0 USD
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FinancingReceivableModificationsSubsequentDefaultRecordedInvestmentsDefaultedInPeriod
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FinancingReceivableModificationsSubsequentDefaultRecordedInvestmentsDefaultedInPeriod
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1970000 USD
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LoansAndLeasesReceivableGrossCarryingAmountCoveredPurchasedNonimpaired
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LoansCoveredByLossShareAgreements
9567000 USD
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LoansCoveredByLossShareAgreements
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LoansTransferredToOreo
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LoansTransferredToOreo
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NonaccrualLoans
48587000 USD
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NonaccrualLoans
37529000 USD
htlf Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditions
0 USD
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OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditions
0 USD
CY2011Q2 htlf Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditions
0 USD
htlf Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditions
981000 USD
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OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductions
0 USD
htlf Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions
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0 USD
CY2012Q2 htlf Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductions
0 USD
htlf Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions
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0 USD
htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Before Tax Including Portion Attributable To Noncontrolling Interest Accretion Of Non Credit Impairment
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CY2012Q2 htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Before Tax Including Portion Attributable To Noncontrolling Interest Accretion Of Non Credit Impairment
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-23000 USD
CY2011Q2 htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Before Tax Including Portion Attributable To Noncontrolling Interest Accretion Of Non Credit Impairment
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAccretionOfNonCreditImpairment
0 USD
htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Before Tax Including Portion Attributable To Noncontrolling Interest Accretion Of Non Credit Impairment
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeBeforeTaxIncludingPortionAttributableToNoncontrollingInterestAccretionOfNonCreditImpairment
0 USD
CY2012Q2 htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Non Credit Related
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestNonCreditRelated
0 USD
htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Non Credit Related
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestNonCreditRelated
683000 USD
CY2011Q2 htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Non Credit Related
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestNonCreditRelated
0 USD
htlf Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Including Portion Attributable To Noncontrolling Interest Non Credit Related
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterestNonCreditRelated
0 USD
CY2011Q2 htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Credit Related
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0 USD
htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Credit Related
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0 USD
CY2012Q2 htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Credit Related
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetCreditRelated
0 USD
htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Credit Related
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetCreditRelated
981000 USD
htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Intent To Sell
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetIntentToSell
0 USD
htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Intent To Sell
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetIntentToSell
0 USD
CY2012Q2 htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Intent To Sell
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0 USD
CY2011Q2 htlf Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Intent To Sell
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0 USD
CY2012Q2 htlf Other Than Temporary Impairment Non Credit Losses Recognized In Earnings Losses On Debt Securities Held
OtherThanTemporaryImpairmentNonCreditLossesRecognizedInEarningsLossesOnDebtSecuritiesHeld
660000 USD
htlf Purchases Of Available For Sale Securites Accrued Not Paid
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0 USD
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PurchasesOfAvailableForSaleSecuritesAccruedNotPaid
46338000 USD
CY2012Q2 htlf Securities Continuous Unrealized Loss Position Aggregate Losses Total
SecuritiesContinuousUnrealizedLossPositionAggregateLossesTotal
7417000 USD
CY2011Q4 htlf Securities Continuous Unrealized Loss Position Aggregate Losses Total
SecuritiesContinuousUnrealizedLossPositionAggregateLossesTotal
7030000 USD
CY2012Q2 htlf Securities Continuous Unrealized Loss Position Fair Value Total
SecuritiesContinuousUnrealizedLossPositionFairValueTotal
409136000 USD
CY2011Q4 htlf Securities Continuous Unrealized Loss Position Fair Value Total
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242411000 USD
CY2011Q4 htlf Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses
2321000 USD
CY2012Q2 htlf Securities Continuous Unrealized Loss Position Less Than Twelve Months Aggregate Losses
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsAggregateLosses
3444000 USD
CY2012Q2 htlf Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
350292000 USD
CY2011Q4 htlf Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
SecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
151824000 USD
CY2011Q4 htlf Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losse
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosse
4709000 USD
CY2012Q2 htlf Securities Continuous Unrealized Loss Position Twelve Months Or Longer Aggregate Losse
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerAggregateLosse
3973000 USD
CY2012Q2 htlf Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
58844000 USD
CY2011Q4 htlf Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
SecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
90587000 USD
CY2008 htlf Share Based Compensation Arrangement By Share Based Payment Award Options Expiration Period After Date Of Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationPeriodAfterDateOfGrant
P10Y
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000920112
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
16485576 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Heartland Financial USA Inc

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