2014 Q4 Form 10-Q Financial Statement

#000114420414066633 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q4
Revenue $7.060M
YoY Change 32.63%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $630.0K $600.0K $540.0K
YoY Change 16.67% 27.66% 8.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $797.0K
YoY Change 9.03%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.960M $2.974M $110.0K
YoY Change 2590.91% 82.79% -94.42%
Income Tax $860.0K $800.0K -$410.0K
% Of Pretax Income 29.05% 26.9% -372.73%
Net Earnings $2.100M $2.174M $520.0K
YoY Change 303.85% 69.18% -67.9%
Net Earnings / Revenue 30.79%
Basic Earnings Per Share $0.65
Diluted Earnings Per Share $436.6K $0.64 $111.8K
COMMON SHARES
Basic Shares Outstanding 3.175M shares 3.334M shares
Diluted Shares Outstanding 3.393M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $12.76M $13.37M $29.74M
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 $20.95M $20.66M $20.63M
YoY Change 1.55% 41.14% 37.86%
Goodwill $17.53M $17.53M $4.456M
YoY Change 293.45% 34.09% -65.92%
Intangibles $4.370M $4.434M $4.811M
YoY Change -9.17% 63.5% 100.96%
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 $863.5M $851.9M $828.8M
YoY Change 4.19% 35.2% 34.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $33.30M $33.60M $33.10M
YoY Change 0.6% 37.14%
Other Long-Term Liabilities $10.70M $10.20M $9.800M
YoY Change 9.18% 36.0% 18.07%
Total Long-Term Liabilities $44.00M $43.80M $42.90M
YoY Change 2.56% 36.88% 416.87%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $44.00M $43.80M $42.90M
Total Liabilities $791.8M $781.8M $766.1M
YoY Change 3.36% 37.93% 39.1%
SHAREHOLDERS EQUITY
Retained Earnings $29.32M $31.33M $27.19M
YoY Change 7.85% 4.12% -1.58%
Common Stock $40.51M $36.99M $36.43M
YoY Change 11.19% 13.67% 12.96%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00 $0.00
YoY Change
Treasury Stock Shares 172.0K shares 0.000 shares
Shareholders Equity $71.65M $70.04M $62.69M
YoY Change
Total Liabilities & Shareholders Equity $863.5M $851.9M $828.8M
YoY Change 4.19% 35.2% 34.96%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q4
OPERATING ACTIVITIES
Net Income $2.100M $2.174M $520.0K
YoY Change 303.85% 69.18% -67.9%
Depreciation, Depletion And Amortization $630.0K $600.0K $540.0K
YoY Change 16.67% 27.66% 8.0%
Cash From Operating Activities $4.670M -$530.0K $2.590M
YoY Change 80.31% -115.45% -66.96%
INVESTING ACTIVITIES
Capital Expenditures -$590.0K -$80.00K -$290.0K
YoY Change 103.45% -65.22% 262.5%
Acquisitions
YoY Change
Other Investing Activities -$13.52M -$21.91M $11.47M
YoY Change -217.87% -343.72% -28.18%
Cash From Investing Activities -$14.11M -$21.99M $11.19M
YoY Change -226.09% -351.31% -29.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.820M 17.90M 3.840M
YoY Change 129.69% -274.29% -112.03%
NET CHANGE
Cash From Operating Activities 4.670M -530.0K 2.590M
Cash From Investing Activities -14.11M -21.99M 11.19M
Cash From Financing Activities 8.820M 17.90M 3.840M
Net Change In Cash -620.0K -4.620M 17.62M
YoY Change -103.52% -341.88% -315.14%
FREE CASH FLOW
Cash From Operating Activities $4.670M -$530.0K $2.590M
Capital Expenditures -$590.0K -$80.00K -$290.0K
Free Cash Flow $5.260M -$450.0K $2.880M
YoY Change 82.64% -112.3% -63.64%

Facts In Submission

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ImpairedFinancingReceivableInterestIncomeAccrualMethod
317000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
218000 USD
CY2013 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
11 Number
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
11 Number
CY2014Q3 lark Financing Receivable Modifications Recorded Investment Non Accrual
FinancingReceivableModificationsRecordedInvestmentNonAccrual
616000 USD
CY2013Q4 lark Financing Receivable Modifications Recorded Investment Non Accrual
FinancingReceivableModificationsRecordedInvestmentNonAccrual
627000 USD
CY2014Q3 lark Financing Receivable Modifications Recorded Investment Accruing
FinancingReceivableModificationsRecordedInvestmentAccruing
4468000 USD
CY2013Q4 lark Financing Receivable Modifications Recorded Investment Accruing
FinancingReceivableModificationsRecordedInvestmentAccruing
6920000 USD
lark Provision For Mortgage Loan Losses
ProvisionForMortgageLoanLosses
19000 USD
us-gaap Net Income Loss
NetIncomeLoss
4134000 USD
us-gaap Net Income Loss
NetIncomeLoss
5950000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
1285000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
2174000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3074655000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3166312000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3082625000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3174799000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
52972000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
45309000 shares
CY2013Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
46242000 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
56305000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3127627000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3211621000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3128867000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3231104000 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1340
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1880
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
420
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
680
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1320
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1850
CY2013Q3 lark Interest Income Loans Taxable
InterestIncomeLoansTaxable
4022000 USD
CY2014Q3 lark Interest Income Loans Taxable
InterestIncomeLoansTaxable
5248000 USD
lark Interest Income Loans Tax Exempt
InterestIncomeLoansTaxExempt
196000 USD
lark Interest Income Loans Tax Exempt
InterestIncomeLoansTaxExempt
251000 USD
CY2013Q3 lark Interest Income Loans Tax Exempt
InterestIncomeLoansTaxExempt
56000 USD
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
410
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
670
lark Stock Dividend Rate Percentage
StockDividendRatePercentage
0.05 pure
CY2014Q3 us-gaap Cash And Due From Banks
CashAndDueFromBanks
13365000 USD
CY2013Q4 us-gaap Cash And Due From Banks
CashAndDueFromBanks
29735000 USD
CY2014Q3 lark Fair Value Measurement With Unobservable Inputs Mortgage Servicing Rights
FairValueMeasurementWithUnobservableInputsMortgageServicingRights
2415000 USD
CY2013Q4 lark Fair Value Measurement With Unobservable Inputs Mortgage Servicing Rights
FairValueMeasurementWithUnobservableInputsMortgageServicingRights
2377000 USD
CY2014Q3 us-gaap Derivative Assets
DerivativeAssets
390000 USD
CY2013Q4 us-gaap Derivative Assets
DerivativeAssets
265000 USD
CY2014Q3 us-gaap Interest Receivable
InterestReceivable
3719000 USD
CY2013Q4 us-gaap Interest Receivable
InterestReceivable
2581000 USD
CY2014Q3 lark Non Maturity Deposits
NonMaturityDeposits
511949000 USD
CY2013Q4 lark Non Maturity Deposits
NonMaturityDeposits
501291000 USD
CY2014Q3 us-gaap Time Deposits
TimeDeposits
176386000 USD
CY2013Q4 us-gaap Time Deposits
TimeDeposits
186195000 USD
CY2013Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
78000 USD
CY2014Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
317000 USD
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
335000 USD
lark Interest Income Loans Taxable
InterestIncomeLoansTaxable
11832000 USD
lark Interest Income Loans Taxable
InterestIncomeLoansTaxable
15573000 USD
CY2014Q3 lark Interest Income Loans Tax Exempt
InterestIncomeLoansTaxExempt
107000 USD
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1912000 USD
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
2995000 USD
CY2013Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
656000 USD
CY2014Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1026000 USD
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1764000 USD
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1919000 USD
CY2013Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
589000 USD
CY2014Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
679000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
15704000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20738000 USD
CY2013Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5323000 USD
CY2014Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
7060000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1044000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
945000 USD
CY2013Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
312000 USD
CY2014Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
305000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1240000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1454000 USD
CY2013Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
419000 USD
CY2014Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
492000 USD
us-gaap Interest Expense
InterestExpense
2284000 USD
us-gaap Interest Expense
InterestExpense
2399000 USD
CY2013Q3 us-gaap Interest Expense
InterestExpense
731000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
797000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13420000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18339000 USD
CY2013Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4592000 USD
CY2014Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6263000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
800000 USD
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
600000 USD
CY2013Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
200000 USD
CY2014Q3 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
150000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
12620000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17739000 USD
CY2013Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
4392000 USD
CY2014Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6113000 USD
us-gaap Fees And Commissions
FeesAndCommissions
4176000 USD
us-gaap Fees And Commissions
FeesAndCommissions
5521000 USD
CY2013Q3 us-gaap Fees And Commissions
FeesAndCommissions
1463000 USD
CY2014Q3 us-gaap Fees And Commissions
FeesAndCommissions
1929000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
2956000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4488000 USD
CY2013Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1047000 USD
CY2014Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1526000 USD
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
426000 USD
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
383000 USD
CY2013Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
136000 USD
CY2014Q3 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
128000 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
398000 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
845000 USD
CY2013Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
133000 USD
CY2014Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
271000 USD
us-gaap Noninterest Income
NoninterestIncome
7956000 USD
us-gaap Noninterest Income
NoninterestIncome
11237000 USD
CY2013Q3 us-gaap Noninterest Income
NoninterestIncome
2779000 USD
CY2014Q3 us-gaap Noninterest Income
NoninterestIncome
3854000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
39000 USD
CY2013Q3 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
CY2014Q3 us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
7450000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
10585000 USD
CY2013Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2544000 USD
CY2014Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3607000 USD
us-gaap Occupancy Net
OccupancyNet
2198000 USD
us-gaap Occupancy Net
OccupancyNet
3327000 USD
CY2013Q3 us-gaap Occupancy Net
OccupancyNet
763000 USD
CY2014Q3 us-gaap Occupancy Net
OccupancyNet
1120000 USD
us-gaap Professional Fees
ProfessionalFees
699000 USD
us-gaap Professional Fees
ProfessionalFees
843000 USD
CY2013Q3 us-gaap Professional Fees
ProfessionalFees
217000 USD
CY2014Q3 us-gaap Professional Fees
ProfessionalFees
228000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
478000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
974000 USD
CY2013Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
238000 USD
CY2014Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
339000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
696000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1069000 USD
CY2013Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
234000 USD
CY2014Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
356000 USD
us-gaap Advertising Expense
AdvertisingExpense
321000 USD
us-gaap Advertising Expense
AdvertisingExpense
346000 USD
CY2013Q3 us-gaap Advertising Expense
AdvertisingExpense
107000 USD
CY2014Q3 us-gaap Advertising Expense
AdvertisingExpense
126000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
338000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
391000 USD
CY2013Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
107000 USD
CY2014Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
126000 USD
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
305000 USD
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
71000 USD
CY2013Q3 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
246000 USD
CY2014Q3 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
40000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2627000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3291000 USD
CY2013Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
912000 USD
CY2014Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1051000 USD
us-gaap Noninterest Expense
NoninterestExpense
15288000 USD
us-gaap Noninterest Expense
NoninterestExpense
20897000 USD
CY2013Q3 us-gaap Noninterest Expense
NoninterestExpense
5544000 USD
CY2014Q3 us-gaap Noninterest Expense
NoninterestExpense
6993000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5288000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
8118000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1627000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2974000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1154000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2168000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
342000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000 USD
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.54
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.57
CY2013Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.18
CY2014Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.19
CY2014Q3 lark Impaired Loans Carrying Value
ImpairedLoansCarryingValue
10600000 USD
CY2013Q4 lark Impaired Loans Carrying Value
ImpairedLoansCarryingValue
16800000 USD
lark Percentage Of Stocks Dividend
PercentageOfStocksDividend
0.05 pure
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-4568000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
4232000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
103000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-416000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
-39000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Writedown Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForWritedownOfSecuritiesBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-4568000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
4193000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
103000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-416000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1694000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
1562000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
38000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-153000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1260000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8595000 USD
CY2013Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1350000 USD
CY2014Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1911000 USD
us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
110000 USD
us-gaap Real Estate Owned Valuation Allowance Provision1
RealEstateOwnedValuationAllowanceProvision1
22000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1130000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
-1304000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
694000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
833000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
44000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
54000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-221000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-184000 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
39000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-146000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
32000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
124667000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
156403000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
119113000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
154873000 USD
lark Increase Decrease In Accrued Interest And Other Assets
IncreaseDecreaseInAccruedInterestAndOtherAssets
-877000 USD
lark Increase Decrease In Accrued Interest And Other Assets
IncreaseDecreaseInAccruedInterestAndOtherAssets
2664000 USD
lark Increase Decrease In Accrued Expenses Taxes And Other Liabilities
IncreaseDecreaseInAccruedExpensesTaxesAndOtherLiabilities
-851000 USD
lark Increase Decrease In Accrued Expenses Taxes And Other Liabilities
IncreaseDecreaseInAccruedExpensesTaxesAndOtherLiabilities
518000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
9513000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3995000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
4487000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
2060000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
32797000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
30158000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
58070000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
63930000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
408000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
2023000 USD
lark Proceeds From Sale Of Real Estate Owned
ProceedsFromSaleOfRealEstateOwned
1929000 USD
lark Proceeds From Sale Of Real Estate Owned
ProceedsFromSaleOfRealEstateOwned
338000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
363000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
869000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-27786000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-34340000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
16639000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
863000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
81100000 USD
us-gaap Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
55767000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
83828000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
41794000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
2993000 USD
us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
970000 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
0 USD
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
532000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
218000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
494000 USD
us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
29000 USD
us-gaap Deferred Tax Expense From Stock Options Exercised
DeferredTaxExpenseFromStockOptionsExercised
14000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1668000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1807000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
15483000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
13975000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-2790000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-16370000 USD
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CashAndCashEquivalentsAtCarryingValue
14920000 USD
CY2013Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
12130000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
550000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1480000 USD
us-gaap Interest Paid
InterestPaid
2345000 USD
us-gaap Interest Paid
InterestPaid
2417000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
196000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
101000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
63333000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2874000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2645000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1668000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1807000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
44000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
54000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
247000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
508000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
63216000 USD
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
13558000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
34394000 shares
lark Acquisition Cost
AcquisitionCost
176000 USD
lark Acquisition Cost
AcquisitionCost
0 USD
CY2013Q3 lark Acquisition Cost
AcquisitionCost
176000 USD
CY2014Q3 lark Acquisition Cost
AcquisitionCost
0 USD
CY2014Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.1 pure
CY2014Q3 us-gaap Collateral Securities Repledged Delivered Or Used
CollateralSecuritiesRepledgedDeliveredOrUsed
191400000 USD
CY2013Q4 us-gaap Collateral Securities Repledged Delivered Or Used
CollateralSecuritiesRepledgedDeliveredOrUsed
171200000 USD
CY2014Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
2027000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
1437000 USD
CY2014Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
6100000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
9836000 USD
CY2014Q3 lark Financing Receivable Recorded Investment Past Due Including Non Accrual Status
FinancingReceivableRecordedInvestmentPastDueIncludingNonAccrualStatus
8127000 USD
CY2013Q4 lark Financing Receivable Recorded Investment Past Due Including Non Accrual Status
FinancingReceivableRecordedInvestmentPastDueIncludingNonAccrualStatus
11273000 USD
CY2014Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
412805000 USD
lark Financing Receivable Recorded Investment Past Due Percentage
FinancingReceivableRecordedInvestmentPastDuePercentage
0.0048 pure
lark Financing Receivable Recorded Investment Nonaccrual Status Percentage
FinancingReceivableRecordedInvestmentNonaccrualStatusPercentage
0.0145 pure
lark Financingreceivablerecordedinvestmentcurrentpercentage
financingreceivablerecordedinvestmentcurrentpercentage
0.9807 pure
lark Financingreceivablerecordedinvestmentpastdueincludingnonaccrualstatuspercentage
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0.0193 pure
CY2013 lark Financing Receivable Recorded Investment Past Due Percentage
FinancingReceivableRecordedInvestmentPastDuePercentage
0.0034 pure
CY2013 lark Financing Receivable Recorded Investment Nonaccrual Status Percentage
FinancingReceivableRecordedInvestmentNonaccrualStatusPercentage
0.0235 pure
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Financingreceivablerecordedinvestmentpastdueincludingnonaccrualstatuspercentage
0.0269 pure
CY2013 lark Financingreceivablerecordedinvestmentcurrentpercentage
financingreceivablerecordedinvestmentcurrentpercentage
0.9731 pure
CY2013Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
408096000 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
LANDMARK BANCORP INC
dei Entity Central Index Key
EntityCentralIndexKey
0001141688
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
LARK
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3174799 shares
CY2014Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
13365000 USD
CY2014Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
422971000 USD
CY2014Q3 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
3619000 USD
CY2014Q3 us-gaap Retained Interest Fair Value Disclosure
RetainedInterestFairValueDisclosure
3719000 USD
CY2014Q3 lark Nonmaturity Deposits Fair Value Disclosure
NonmaturityDepositsFairValueDisclosure
511949000 USD
CY2014Q3 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
176026000 USD
CY2014Q3 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
51724000 USD
CY2014Q3 lark Otherborrowingsfairvaluedisclosure
Otherborrowingsfairvaluedisclosure
30732000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
29735000 USD
CY2013Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
420475000 USD
CY2013Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
7864000 USD
CY2013Q4 us-gaap Mortgages Held For Sale Fair Value Disclosure
MortgagesHeldForSaleFairValueDisclosure
3491000 USD
CY2013Q4 us-gaap Retained Interest Fair Value Disclosure
RetainedInterestFairValueDisclosure
2581000 USD
CY2013Q4 lark Nonmaturity Deposits Fair Value Disclosure
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501291000 USD
CY2013Q4 us-gaap Deposits Fair Value Disclosure
DepositsFairValueDisclosure
186222000 USD
CY2013Q4 us-gaap Federal Home Loan Bank Borrowings Fair Value Disclosure
FederalHomeLoanBankBorrowingsFairValueDisclosure
38087000 USD
CY2013Q4 lark Otherborrowingsfairvaluedisclosure
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29351000 USD
CY2014Q3 us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-263000 USD
CY2013Q3 us-gaap Other Comprehensive Income Other Net Of Tax
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65000 USD
us-gaap Other Comprehensive Income Other Net Of Tax
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2645000 USD
us-gaap Other Comprehensive Income Other Net Of Tax
OtherComprehensiveIncomeOtherNetOfTax
-2874000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-14000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
0 USD
CY2013Q3 us-gaap Loans Receivable Commercial Real Estate
LoansReceivableCommercialRealEstate
278000 USD

Files In Submission

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lark-20140930.xml Edgar Link completed
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