2018 Q4 Form 10-Q Financial Statement

#000134131818000050 Filed on November 13, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $5.671M $5.490M $4.947M
YoY Change 15.05% 10.98%
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 $190.0K $200.0K $210.0K
YoY Change -5.0% -4.76% -4.55%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.011M $955.0K $682.0K
YoY Change 36.44% 40.03%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.127M $1.202M $1.194M
YoY Change 6.22% 0.67% 25.68%
Income Tax $127.0K $144.0K $254.0K
% Of Pretax Income 11.27% 11.98% 21.27%
Net Earnings $1.000M $1.058M $940.0K
YoY Change 72.41% 12.55% 23.68%
Net Earnings / Revenue 17.63% 19.27% 19.0%
Basic Earnings Per Share $0.17 $0.15
Diluted Earnings Per Share $165.6K $0.17 $0.15
COMMON SHARES
Basic Shares Outstanding 6.020M 6.075M 6.115M
Diluted Shares Outstanding 6.089M 6.124M

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $30.75M $38.07M $44.37M
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 $9.417M $9.383M $9.400M
YoY Change 0.47% -0.18% 8.05%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $545.7M $546.2M $512.8M
YoY Change 5.15% 6.5% 7.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $24.70M $24.70M $27.00M
YoY Change -8.52% -8.52% 42.11%
Other Long-Term Liabilities $5.700M $5.200M $5.000M
YoY Change 3.64% 4.0% -13.79%
Total Long-Term Liabilities $30.40M $29.90M $32.00M
YoY Change -6.46% -6.56% 29.03%
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities $30.40M $29.90M $32.00M
Total Liabilities $465.9M $467.4M $434.6M
YoY Change 5.74% 7.54% 8.35%
SHAREHOLDERS EQUITY
Retained Earnings $59.15M $58.34M
YoY Change 5.28%
Common Stock $30.98M $30.94M
YoY Change 0.64%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.805M $8.137M
YoY Change 20.47%
Treasury Stock Shares $823.1K $780.9K
Shareholders Equity $79.80M $78.80M $78.16M
YoY Change
Total Liabilities & Shareholders Equity $545.7M $546.2M $512.8M
YoY Change 5.15% 6.5% 7.19%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $1.000M $1.058M $940.0K
YoY Change 72.41% 12.55% 23.68%
Depreciation, Depletion And Amortization $190.0K $200.0K $210.0K
YoY Change -5.0% -4.76% -4.55%
Cash From Operating Activities $2.270M $1.610M $1.430M
YoY Change 27.53% 12.59% -5.3%
INVESTING ACTIVITIES
Capital Expenditures -$230.0K -$210.0K -$320.0K
YoY Change 21.05% -34.38% 255.56%
Acquisitions
YoY Change
Other Investing Activities -$6.570M -$8.210M $3.640M
YoY Change -36.77% -325.55% -255.56%
Cash From Investing Activities -$6.800M -$8.420M $3.310M
YoY Change -35.73% -354.38% -236.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.800M 1.750M 6.670M
YoY Change -152.43% -73.76% -470.56%
NET CHANGE
Cash From Operating Activities 2.270M 1.610M 1.430M
Cash From Investing Activities -6.800M -8.420M 3.310M
Cash From Financing Activities -2.800M 1.750M 6.670M
Net Change In Cash -7.330M -5.060M 11.41M
YoY Change 111.85% -144.35% -519.49%
FREE CASH FLOW
Cash From Operating Activities $2.270M $1.610M $1.430M
Capital Expenditures -$230.0K -$210.0K -$320.0K
Free Cash Flow $2.500M $1.820M $1.750M
YoY Change 26.9% 4.0% 9.38%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
10000
CY2017Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
10000
CY2018Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4000
CY2017 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2226000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2270000
CY2017 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
243000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
14000
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
1757000
CY2018Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
924000
CY2018Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
30000
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
1757000
CY2018Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
924000
CY2017 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1946000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
686000
CY2017 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
237000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
11000
CY2017Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
1757000
CY2018Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
668000
CY2017Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
1757000
CY2018Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
668000
CY2017 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
280000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
1584000
CY2017 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
6000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
3000
CY2018Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
256000
CY2018Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
256000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3502000
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1194000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3458000
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1202000
us-gaap Income Taxes Paid
IncomeTaxesPaid
750000
us-gaap Income Taxes Paid
IncomeTaxesPaid
477000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
704000
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
254000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
458000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
234000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
243000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-1475000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-1375000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
15030000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
30748000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-99000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-323000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-161000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6000
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9093
CY2017Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
9113
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
13462
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
14276
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
937000
CY2017Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
320000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1000000
CY2018Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
337000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
14479000
CY2017Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
4947000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
15865000
CY2018Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5490000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
12456000
CY2017Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4289000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
13480000
CY2018Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4663000
CY2017Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
350535000
CY2018Q3 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
376892000
CY2017Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
6570000
CY2018Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
2459000
us-gaap Interest Expense
InterestExpense
1889000
CY2017Q3 us-gaap Interest Expense
InterestExpense
682000
us-gaap Interest Expense
InterestExpense
2591000
CY2018Q3 us-gaap Interest Expense
InterestExpense
955000
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
1499000
CY2017Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
523000
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
2101000
CY2018Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
783000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
328000
CY2017Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
139000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
413000
CY2018Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
134000
us-gaap Interest Expense Other
InterestExpenseOther
62000
CY2017Q3 us-gaap Interest Expense Other
InterestExpenseOther
20000
us-gaap Interest Expense Other
InterestExpenseOther
77000
CY2018Q3 us-gaap Interest Expense Other
InterestExpenseOther
38000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
12140000
CY2017Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
4190000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
12959000
CY2018Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
4410000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
12590000
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4265000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13274000
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4535000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
597000
CY2017Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
189000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
753000
CY2018Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
267000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1259000
CY2017Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
388000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1193000
CY2018Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
403000
us-gaap Interest Paid Net
InterestPaidNet
1869000
us-gaap Interest Paid Net
InterestPaidNet
2564000
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
57000
CY2018Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
84000
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
1801000
CY2018Q3 us-gaap Interest Receivable
InterestReceivable
2044000
CY2017Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
1631000
CY2018Q3 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
1545000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
5610000
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1898000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
6182000
CY2018Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2083000
CY2017Q4 us-gaap Liabilities
Liabilities
440602000
CY2018Q3 us-gaap Liabilities
Liabilities
467352000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
518977000
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
546153000
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
2882000
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3223000
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3217000
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3283000
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3474000
CY2018Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3388000
CY2017Q3 us-gaap Noninterest Income
NoninterestIncome
617000
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3138000
CY2018Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3284000
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
365208000
CY2018Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
388541000
CY2017Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2018Q3 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
209000
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
205000
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
365063000
CY2018Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
388437000
CY2017Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
356275000
CY2018Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
371524000
CY2017Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
26634000
CY2018Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
23972000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
439000
CY2017Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
127000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
473000
CY2018Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
151000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20727000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25607000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-25881000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32290000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4048000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3839000
us-gaap Net Income Loss
NetIncomeLoss
2798000
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
940000
us-gaap Net Income Loss
NetIncomeLoss
3000000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
1058000
CY2017Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
54618000
CY2018Q3 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
59009000
us-gaap Noninterest Expense
NoninterestExpense
10692000
CY2017Q3 us-gaap Noninterest Expense
NoninterestExpense
3613000
us-gaap Noninterest Expense
NoninterestExpense
11377000
CY2018Q3 us-gaap Noninterest Expense
NoninterestExpense
3837000
us-gaap Noninterest Income
NoninterestIncome
2054000
us-gaap Noninterest Income
NoninterestIncome
1876000
CY2018Q3 us-gaap Noninterest Income
NoninterestIncome
629000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
83000
CY2017Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
37000
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
89000
CY2018Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
36000
us-gaap Occupancy Net
OccupancyNet
1740000
CY2017Q3 us-gaap Occupancy Net
OccupancyNet
565000
us-gaap Occupancy Net
OccupancyNet
1735000
CY2018Q3 us-gaap Occupancy Net
OccupancyNet
587000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
244000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
22000
CY2017Q4 us-gaap Other Assets
OtherAssets
1698000
CY2018Q3 us-gaap Other Assets
OtherAssets
3428000
CY2017Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
1801000
CY2018Q3 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
2044000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-51000
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-91000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-1828000
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments And Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsAndTax
-591000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-34000
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-60000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-1444000
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-467000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
-17000
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
-31000
us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
-384000
CY2018Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
-124000
us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Before Tax
OtherComprehensiveIncomeLossBeforeTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
161000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
15000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
83000
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
7000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-133000
CY2017Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-47000
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-410000
CY2018Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-131000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-34000
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-60000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1444000
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-467000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
167000
CY2017Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
81000
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
439000
CY2018Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
157000
CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
5499000
CY2018Q3 us-gaap Other Liabilities
OtherLiabilities
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us-gaap Other Noninterest Expense
OtherNoninterestExpense
955000
CY2017Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
381000
us-gaap Other Noninterest Expense
OtherNoninterestExpense
968000
CY2018Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
331000
CY2016Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
554000
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
458000
CY2017Q4 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
435000
CY2018Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
368000
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
96000
us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
67000
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
796000
us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
777000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
37384000
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
25426000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
269000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
780000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
559000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
686000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2402000
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
10826000
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
375000
us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
20000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
1750000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1294000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
589000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
9700000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
1500000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
8980000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
6215000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
6510000
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
84000
us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
106000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
806000
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
787000
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
CY2018Q3 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0
us-gaap Professional Fees
ProfessionalFees
703000
CY2017Q3 us-gaap Professional Fees
ProfessionalFees
231000
us-gaap Professional Fees
ProfessionalFees
716000
CY2018Q3 us-gaap Professional Fees
ProfessionalFees
237000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9373000
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9383000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
450000
CY2017Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
75000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
315000
CY2018Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
125000
CY2017Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
435000
CY2018Q3 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1700000
us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
554000
us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
1495000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
1700000
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
3800000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
56181000
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
58339000
us-gaap Share Based Compensation
ShareBasedCompensation
325000
us-gaap Share Based Compensation
ShareBasedCompensation
334000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
418000
CY2017Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
146000
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
434000
CY2018Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
144000
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
76030000
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
78161000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
78375000
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
78801000
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
27348
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
5329
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
1104
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
10433
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
6000
CY2017Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
67401
CY2018Q3 us-gaap Stock Repurchase Program Remaining Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramRemainingNumberOfSharesAuthorizedToBeRepurchased
108090
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
780000
us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
9000
CY2018Q3 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
-5000
us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
197000
CY2017Q3 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
53000
us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
189000
CY2018Q3 us-gaap Supplies And Postage Expense
SuppliesAndPostageExpense
71000
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
15.75
CY2017Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
15.85
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
16.81
CY2018Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
17.24
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
729418
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
780922
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
17100
CY2017Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
3600
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
46400
CY2018Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
12100
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
7309000
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
8137000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
269000
us-gaap Use Of Estimates
UseOfEstimates
<div> <div style="margin-left:0pt;margin-right:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman;font-size: 11pt"> <font style="display: inline;font-size:11pt;">To prepare these consolidated financial statements in conformity with GAAP, management of the Company made a number of estimates and assumptions relating to the reporting of assets and liabilities and the reporting of revenue and expenses.&nbsp;&nbsp;Actual results could differ from those estimates.&nbsp;&nbsp;Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, securities valuation estimates, evaluation of impairment of securities and income taxes.</font> </p> <p><font size="1"> </font></p> </div> </div>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6118561
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6089029
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6109468
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6115140
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6074753

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