2019 Q4 Form 10-Q Financial Statement

#000134131819000067 Filed on November 13, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $6.334M $6.319M $5.490M
YoY Change 11.69% 15.1% 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 $210.0K $200.0K $200.0K
YoY Change 10.53% 0.0% -4.76%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.438M $1.366M $955.0K
YoY Change 42.24% 43.04% 40.03%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $1.358M $1.403M $1.202M
YoY Change 20.5% 16.72% 0.67%
Income Tax $186.0K $191.0K $144.0K
% Of Pretax Income 13.7% 13.61% 11.98%
Net Earnings $1.172M $1.212M $1.058M
YoY Change 17.2% 14.56% 12.55%
Net Earnings / Revenue 18.5% 19.18% 19.27%
Basic Earnings Per Share $0.20 $0.17
Diluted Earnings Per Share $195.7K $0.20 $0.17
COMMON SHARES
Basic Shares Outstanding 5.943M 5.988M 6.075M
Diluted Shares Outstanding 5.988M 6.089M

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $30.29M $20.56M $38.07M
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 $9.415M $9.321M $9.383M
YoY Change -0.02% -0.66% -0.18%
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 $610.9M $596.8M $546.2M
YoY Change 11.94% 9.28% 6.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $800.0K $800.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $800.0K $800.0K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $24.70M
YoY Change -100.0% -100.0% -8.52%
Other Long-Term Liabilities $5.900M $5.900M $5.200M
YoY Change 3.51% 13.46% 4.0%
Total Long-Term Liabilities $5.900M $5.900M $29.90M
YoY Change -80.59% -80.27% -6.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $800.0K $800.0K
Total Long-Term Liabilities $5.900M $5.900M $29.90M
Total Liabilities $528.0M $514.4M $467.4M
YoY Change 13.33% 10.06% 7.54%
SHAREHOLDERS EQUITY
Retained Earnings $61.95M $61.04M $58.34M
YoY Change 4.74% 4.63%
Common Stock $31.15M $31.11M $30.94M
YoY Change 0.52% 0.56%
Preferred Stock
YoY Change
Treasury Stock (at cost) $10.18M $9.802M $8.137M
YoY Change 15.66% 20.46%
Treasury Stock Shares $912.2K $886.8K $780.9K
Shareholders Equity $82.84M $82.46M $78.80M
YoY Change
Total Liabilities & Shareholders Equity $610.9M $596.8M $546.2M
YoY Change 11.94% 9.28% 6.5%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $1.172M $1.212M $1.058M
YoY Change 17.2% 14.56% 12.55%
Depreciation, Depletion And Amortization $210.0K $200.0K $200.0K
YoY Change 10.53% 0.0% -4.76%
Cash From Operating Activities $1.520M $2.280M $1.610M
YoY Change -33.04% 41.61% 12.59%
INVESTING ACTIVITIES
Capital Expenditures -$300.0K -$170.0K -$210.0K
YoY Change 30.43% -19.05% -34.38%
Acquisitions
YoY Change
Other Investing Activities -$4.540M -$19.98M -$8.210M
YoY Change -30.9% 143.36% -325.55%
Cash From Investing Activities -$4.850M -$20.14M -$8.420M
YoY Change -28.68% 139.19% -354.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 13.06M 16.65M 1.750M
YoY Change -566.43% 851.43% -73.76%
NET CHANGE
Cash From Operating Activities 1.520M 2.280M 1.610M
Cash From Investing Activities -4.850M -20.14M -8.420M
Cash From Financing Activities 13.06M 16.65M 1.750M
Net Change In Cash 9.730M -1.210M -5.060M
YoY Change -232.74% -76.09% -144.35%
FREE CASH FLOW
Cash From Operating Activities $1.520M $2.280M $1.610M
Capital Expenditures -$300.0K -$170.0K -$210.0K
Free Cash Flow $1.820M $2.450M $1.820M
YoY Change -27.2% 34.62% 4.0%

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CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.17
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.48
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.49
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.17
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.48
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.48
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
100000
us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
91000
CY2018Q4 us-gaap Employee Stock Ownership Plan Esop Deferred Shares
EmployeeStockOwnershipPlanESOPDeferredShares
1449000
CY2019Q3 us-gaap Employee Stock Ownership Plan Esop Deferred Shares
EmployeeStockOwnershipPlanESOPDeferredShares
1385000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
45000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
114000
CY2018Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
40000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
71000
CY2019Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1000
CY2018Q4 us-gaap Federal Funds Sold
FederalFundsSold
18627000
CY2018Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
24650000
CY2019Q3 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
34650000
CY2018Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
1545000
CY2019Q3 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
2055000
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
757000
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1153000
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
612000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
32000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
131000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
126000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
126000
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
126000
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
396000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
90000
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
95000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3418000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
4096000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
30000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
26000
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
2000
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
18000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
236000
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
213000
us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
50000
CY2019Q3 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
25000
CY2018Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
392002000
CY2019Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
463223000
CY2018Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
560000
CY2019Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
436000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2018Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2019Q3 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2018Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
388875000
CY2019Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
459001000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3044000
CY2019Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3300000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3687000
CY2019Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
4658000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
10000
CY2018Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
4000
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
29000
CY2019Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
27000
CY2018 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
1861000
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
522000
CY2018 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
17000
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
16000
CY2018Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
560000
CY2019Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
436000
CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
30000
CY2019Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
45000
CY2018Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
560000
CY2019Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
436000
CY2018 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
612000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
210000
CY2018 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
13000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
7000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
312000
CY2019Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
171000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
312000
CY2019Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
171000
CY2018 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
1249000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
312000
CY2018 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
4000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
9000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
248000
CY2019Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
265000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
248000
CY2019Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
265000
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 Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3384000
CY2019Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1403000
us-gaap Income Taxes Paid
IncomeTaxesPaid
477000
us-gaap Income Taxes Paid
IncomeTaxesPaid
530000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
458000
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
144000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
469000
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
191000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
243000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
323000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-1375000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-1399000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
30748000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
38817000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-323000
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
194000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-10000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
267000
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
1000000
CY2018Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
337000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1022000
CY2019Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
346000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
15865000
CY2018Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5490000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
17933000
CY2019Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
6319000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
13480000
CY2018Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4663000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
15676000
CY2019Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5653000
CY2018Q4 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
377131000
CY2019Q3 us-gaap Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
406574000
CY2018Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
3244000
CY2019Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
10720000
us-gaap Interest Expense
InterestExpense
2591000
CY2018Q3 us-gaap Interest Expense
InterestExpense
955000
us-gaap Interest Expense
InterestExpense
3759000
CY2019Q3 us-gaap Interest Expense
InterestExpense
1366000
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
2101000
CY2018Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
783000
us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
3249000
CY2019Q3 us-gaap Interest Expense Domestic Deposits
InterestExpenseDomesticDeposits
1173000
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 Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
409000
CY2019Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
142000
us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
46000
CY2019Q3 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
33000
us-gaap Interest Expense Other
InterestExpenseOther
77000
CY2018Q3 us-gaap Interest Expense Other
InterestExpenseOther
38000
us-gaap Interest Expense Other
InterestExpenseOther
55000
CY2019Q3 us-gaap Interest Expense Other
InterestExpenseOther
18000
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 After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
13449000
CY2019Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
4653000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13274000
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4535000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
14174000
CY2019Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
4953000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
753000
CY2018Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
267000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
863000
us-gaap Interest Paid Net
InterestPaidNet
2564000
us-gaap Interest Paid Net
InterestPaidNet
3752000
CY2019Q3 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
278000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1193000
CY2018Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
403000
us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
1082000
CY2019Q3 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
328000
CY2018Q4 us-gaap Interest Receivable
InterestReceivable
1913000
CY2019Q3 us-gaap Interest Receivable
InterestReceivable
2236000
CY2018Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
1545000
CY2019Q3 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2055000
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
63000
CY2019Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
70000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
6182000
CY2018Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2083000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
6509000
CY2019Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2111000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
897000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
247000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
34000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
157000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
157000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
157000
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
145000
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
67000
CY2019Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2019Q3 us-gaap Leveraged Leases Net Investment In Leveraged Leases Disclosure Investment In Leveraged Leases Net
LeveragedLeasesNetInvestmentInLeveragedLeasesDisclosureInvestmentInLeveragedLeasesNet
0
CY2018Q4 us-gaap Liabilities
Liabilities
465904000
CY2019Q3 us-gaap Liabilities
Liabilities
514356000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
545708000
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
596815000
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
CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3448000
CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3863000
CY2019Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4141000
CY2018Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3357000
CY2019Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3475000
CY2018Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
392562000
CY2019Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
463659000
CY2018Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2019Q3 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
205000
us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
107000
CY2018Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
392471000
CY2019Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
462993000
CY2018Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
376774000
CY2019Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
454036000
CY2018Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
24292000
CY2019Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
34918000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
473000
CY2018Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
151000
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
520000
CY2019Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
168000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25607000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
45374000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-32290000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-59882000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
3839000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4315000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
936000
us-gaap Net Income Loss
NetIncomeLoss
3000000
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
1006000
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
1058000
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
898000
us-gaap Net Income Loss
NetIncomeLoss
2915000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
805000
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
1212000
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfAdoptionQuantification
-10000
CY2018Q4 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
55327000
CY2019Q3 us-gaap Noninterest Bearing Deposit Liabilities Domestic
NoninterestBearingDepositLiabilitiesDomestic
64701000
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434000
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144000
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354000
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115000
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StockholdersEquity
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StockholdersEquity
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StockholdersEquity
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StockholdersEquity
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StockholdersEquity
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StockholdersEquity
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us-gaap Treasury Stock Acquired Average Cost Per Share
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us-gaap Treasury Stock Acquired Average Cost Per Share
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TreasuryStockShares
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TreasuryStockShares
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CY2018Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
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TreasuryStockSharesAcquired
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TreasuryStockSharesAcquired
12100
CY2019Q1 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
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us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
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TreasuryStockSharesAcquired
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TreasuryStockSharesAcquired
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CY2019Q3 us-gaap Treasury Stock Value
TreasuryStockValue
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CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2018Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2018Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
208000
CY2019Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
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CY2019Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
672000
CY2019Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
255000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
16000
CY2018Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
16000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-109000
CY2019Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
9000
CY2018Q3 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
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us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
57000
CY2019Q3 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
22000
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
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6099678
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6011070
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6086216
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6074753
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6011070
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5987857

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