2014 Q1 Form 10-Q Financial Statement

#000149322514000035 Filed on May 09, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $22.76M $23.52M
YoY Change -3.2% 3.42%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.040M $970.0K
YoY Change 7.22% 36.62%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.649M $4.751M
YoY Change -23.2% -18.28%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $8.807M $7.378M
YoY Change 19.37% -3.47%
Income Tax $3.588M $2.586M
% Of Pretax Income 40.74% 35.05%
Net Earnings $5.219M $4.792M
YoY Change 8.91% -3.15%
Net Earnings / Revenue 22.93% 20.38%
Basic Earnings Per Share $0.10 $0.09
Diluted Earnings Per Share $0.10 $0.09
COMMON SHARES
Basic Shares Outstanding 53.60M shares 54.91M shares
Diluted Shares Outstanding 54.64M shares 55.79M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $61.12M $65.92M
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 $28.37M $30.40M
YoY Change -6.67% 36.94%
Goodwill $16.16M
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 $2.692B $2.844B
YoY Change -5.33% 18.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.700M
YoY Change
Accrued Expenses $17.50M $69.60M
YoY Change -74.86% 77.55%
Deferred Revenue
YoY Change
Short-Term Debt $184.0M $399.5M
YoY Change -53.94% -16.26%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $26.20M $69.60M
YoY Change -62.36% 77.55%
LONG-TERM LIABILITIES
Long-Term Debt $315.3M $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $315.3M $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $26.20M $69.60M
Total Long-Term Liabilities $315.3M $0.00
Total Liabilities $2.010B $2.100B
YoY Change -4.26% 3.9%
SHAREHOLDERS EQUITY
Retained Earnings $243.8M
YoY Change
Common Stock $582.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $41.94M
YoY Change
Treasury Stock Shares 3.310M shares
Shareholders Equity $681.7M $744.0M
YoY Change
Total Liabilities & Shareholders Equity $2.692B $2.844B
YoY Change -5.33% 18.19%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $5.219M $4.792M
YoY Change 8.91% -3.15%
Depreciation, Depletion And Amortization $1.040M $970.0K
YoY Change 7.22% 36.62%
Cash From Operating Activities $6.800M $13.03M
YoY Change -47.81% -13.99%
INVESTING ACTIVITIES
Capital Expenditures $240.0K $1.456M
YoY Change -83.52% -151.63%
Acquisitions
YoY Change
Other Investing Activities $11.51M -$52.09M
YoY Change -122.1% 61.82%
Cash From Investing Activities $11.27M -$53.54M
YoY Change -121.05% 52.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $38.76M -$54.65M
YoY Change -170.93%
Debt Paid & Issued, Net $67.45M $19.55M
YoY Change 245.0%
Cash From Financing Activities -18.19M -22.33M
YoY Change -18.54% -5175.0%
NET CHANGE
Cash From Operating Activities 6.800M 13.03M
Cash From Investing Activities 11.27M -53.54M
Cash From Financing Activities -18.19M -22.33M
Net Change In Cash -120.0K -62.84M
YoY Change -99.81% 223.42%
FREE CASH FLOW
Cash From Operating Activities $6.800M $13.03M
Capital Expenditures $240.0K $1.456M
Free Cash Flow $6.560M $11.57M
YoY Change -43.32% -35.59%

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CY2013Q1 us-gaap Interest Expense Domestic Deposit Liabilities Demand
InterestExpenseDomesticDepositLiabilitiesDemand
887000 USD
CY2014Q1 us-gaap Interest Expense Domestic Deposit Liabilities Demand
InterestExpenseDomesticDepositLiabilitiesDemand
479000 USD
CY2013Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
40000 USD
CY2014Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
12000 USD
CY2014Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18698000 USD
CY2013Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18488000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18765000 USD
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19115000 USD
CY2013Q1 us-gaap Interest Income Federal Home Loan Bank Advances
InterestIncomeFederalHomeLoanBankAdvances
156000 USD
CY2014Q1 us-gaap Interest Income Federal Home Loan Bank Advances
InterestIncomeFederalHomeLoanBankAdvances
210000 USD
CY2014Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
4589000 USD
CY2013Q1 us-gaap Interest Income Securities Mortgage Backed
InterestIncomeSecuritiesMortgageBacked
6392000 USD
CY2014Q1 us-gaap Interest Paid
InterestPaid
3683000 USD
CY2013Q1 us-gaap Interest Paid
InterestPaid
4780000 USD
CY2014Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5235000 USD
CY2013Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
6912000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
2010248000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
1986656000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2691971000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2702764000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
26565000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
26037000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
26424000 USD
CY2013Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
26316000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1489476000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1515064000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1488499000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1463439000 USD
CY2014Q1 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
500000 USD
CY2014Q1 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
471000 USD
CY2013Q4 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
471000 USD
CY2013Q4 us-gaap Loans Receivable Net
LoansReceivableNet
1352191000 USD
CY2014Q1 us-gaap Loans Receivable Net
LoansReceivableNet
1384916000 USD
CY2014Q1 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
19000 USD
CY2013Q1 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
0 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-18191000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-22329000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
11271000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-53544000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6798000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
13031000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
5219000 USD
CY2013Q1 us-gaap Net Income Loss
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4792000 USD
CY2013Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
235355000 USD
CY2014Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
230779000 USD
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
12063000 USD
CY2013Q1 us-gaap Noninterest Expense
NoninterestExpense
14366000 USD
CY2014Q1 us-gaap Noninterest Income
NoninterestIncome
2172000 USD
CY2013Q1 us-gaap Noninterest Income
NoninterestIncome
3256000 USD
CY2014Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
35000 USD
CY2013Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
39000 USD
CY2013Q1 us-gaap Occupancy Net
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2402000 USD
CY2014Q1 us-gaap Occupancy Net
OccupancyNet
2621000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
37916000 USD
CY2014Q1 us-gaap Other Assets
OtherAssets
35831000 USD
CY2014Q1 us-gaap Other Borrowings
OtherBorrowings
315287000 USD
CY2013Q4 us-gaap Other Borrowings
OtherBorrowings
289325000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-6484000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
3285000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-6412000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
2144000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3890000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1288000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-3890000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1288000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1141000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
458000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
1570000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
55000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
628000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
22000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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-4914000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
3340000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
1336000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-1923000 USD
CY2013Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1894000 USD
CY2014Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
2143000 USD
CY2014Q1 us-gaap Other Real Estate
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150000 USD
CY2013Q4 us-gaap Other Real Estate
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634000 USD
CY2014Q1 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
150000 USD
CY2013Q4 us-gaap Other Real Estate And Foreclosed Assets
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634000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAvailableforsaleSecurities
USD
CY2013Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAvailableforsaleSecurities
-72000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParentAvailableforsaleSecurities
0 USD
CY2013Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossTaxPortionAttributableToParentAvailableforsaleSecurities
-29000 USD
CY2013Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
72000 USD
CY2014Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet
USD
CY2013Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
72000 USD
CY2014Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
0 USD
CY2013Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1532000 USD
CY2014Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
1170000 USD
CY2013Q1 us-gaap Payments For Proceeds From Federal Home Loan Bank Stock
PaymentsForProceedsFromFederalHomeLoanBankStock
-871000 USD
CY2013Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
12018000 USD
CY2014Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
25605000 USD
CY2013Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
38763000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3295000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3280000 USD
CY2014Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
436000 USD
CY2013Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
189893000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
240000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1456000 USD
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
54648000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
96488000 USD
CY2013Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
123644000 USD
CY2014Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
37427000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
25115000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
877000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
0 USD
CY2013Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
6992000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
CY2014Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
418000 USD
CY2013Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
21000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
178000 USD
CY2013Q1 us-gaap Professional Fees
ProfessionalFees
746000 USD
CY2014Q1 us-gaap Professional Fees
ProfessionalFees
526000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28371000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29057000 USD
CY2014Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
417000 USD
CY2013Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
277000 USD
CY2013 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1927000 USD
CY2014Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
417000 USD
CY2013Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
277000 USD
CY2014Q1 us-gaap Real Estate Owned Valuation Allowance Amounts Applied
RealEstateOwnedValuationAllowanceAmountsApplied
0 USD
CY2014Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
79000 USD
CY2013Q1 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
68000 USD
CY2013Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
19550000 USD
CY2014Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
67447000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
242180000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
243767000 USD
CY2013Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
181000000 USD
CY2014Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
184000000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
662000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1114000 USD
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
240083 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
15714 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
11.44
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
7.29
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
224369 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
7.10
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2724613 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
7.13
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2747421 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2800305 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.13
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
7.13
CY2014Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
7.09
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2013 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y1M28D
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y10M24D
CY2014Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
52884 shares
CY2013Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
329978000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
178000 USD
CY2013Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
21000 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
681723000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
716108000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
414873000 USD
CY2013Q1 us-gaap Stockholders Equity
StockholdersEquity
744028000 USD
CY2014Q1 us-gaap Time Deposits
TimeDeposits
299189000 USD
CY2013Q4 us-gaap Time Deposits
TimeDeposits
307902000 USD
CY2014Q1 us-gaap Trading Securities
TradingSecurities
6114000 USD
CY2013Q4 us-gaap Trading Securities
TradingSecurities
5998000 USD
CY2014Q1 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
69000000 USD
CY2013Q1 us-gaap Trading Securities Realized Gain Loss
TradingSecuritiesRealizedGainLoss
243000 USD
CY2013Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
0.00
CY2014Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
12.67
CY2013Q1 us-gaap Treasury Stock Retired Par Value Method Amount
TreasuryStockRetiredParValueMethodAmount
0 USD
CY2014Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
3309661 shares
CY2013Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
300093 shares
CY2013Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3628000 USD
CY2014Q1 us-gaap Treasury Stock Value
TreasuryStockValue
41938000 USD
CY2014Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
38825000 USD
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
55786538 shares
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
54643787 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54908035 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
53597832 shares
CY2013 nfbk Allowance For Loan And Lease Losses Write Offs Detailed Amount
AllowanceForLoanAndLeaseLossesWriteOffsDetailedAmount
3174000 USD
CY2014Q1 nfbk Allowance For Loan And Lease Losses Write Offs Detailed Amount
AllowanceForLoanAndLeaseLossesWriteOffsDetailedAmount
150000 USD
CY2014Q1 nfbk Amortization Of Premiums And Deferred Loan Costs
AmortizationOfPremiumsAndDeferredLoanCosts
337000 USD
CY2013Q1 nfbk Amortization Of Premiums And Deferred Loan Costs
AmortizationOfPremiumsAndDeferredLoanCosts
889000 USD
CY2014Q1 nfbk Available For Sale Securities Gross Unrealized Gains Accumulatedin Aoci
AvailableForSaleSecuritiesGrossUnrealizedGainsAccumulatedinAOCI
10526000 USD
CY2013Q4 nfbk Available For Sale Securities Gross Unrealized Gains Accumulatedin Aoci
AvailableForSaleSecuritiesGrossUnrealizedGainsAccumulatedinAOCI
10464000 USD
CY2014Q1 nfbk Available For Sale Securities Gross Unrealized Losses Accumulatedin Aoci
AvailableForSaleSecuritiesGrossUnrealizedLossesAccumulatedinAOCI
16090000 USD
CY2013Q4 nfbk Available For Sale Securities Gross Unrealized Losses Accumulatedin Aoci
AvailableForSaleSecuritiesGrossUnrealizedLossesAccumulatedinAOCI
19313000 USD
CY2014Q1 nfbk Availableforsale Securities Continuous Unrealized Loss Position12 Monthsor Longer Aggregate Losses Accumulatedin Aoci
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAggregateLossesAccumulatedinAOCI
1662000 USD
CY2013Q4 nfbk Availableforsale Securities Continuous Unrealized Loss Position12 Monthsor Longer Aggregate Losses Accumulatedin Aoci
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsorLongerAggregateLossesAccumulatedinAOCI
1175000 USD
CY2014Q1 nfbk Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulatedin Aoci
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedinAOCI
16090000 USD
CY2013Q4 nfbk Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulatedin Aoci
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedinAOCI
19313000 USD
CY2014Q1 nfbk Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulatedin Aoci
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedinAOCI
14428000 USD
CY2013Q4 nfbk Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulatedin Aoci
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedinAOCI
18138000 USD
CY2014Q1 nfbk Certain Loans Acquired In Transfer
CertainLoansAcquiredInTransfer
73292000 USD
CY2013Q4 nfbk Certain Loans Acquired In Transfer
CertainLoansAcquiredInTransfer
77817000 USD
CY2013Q1 nfbk Corporate Reorganization Equity Impact Of Merger
CorporateReorganizationEquityImpactOfMerger
-124000 USD
CY2013Q1 nfbk Corporate Reorganization Exchanged In Common Stock
CorporateReorganizationExchangedInCommonStock
0 USD
CY2014Q1 nfbk Death Benefit Received Bank Owned Life Insurance
DeathBenefitReceivedBankOwnedLifeInsurance
0 USD
CY2013Q1 nfbk Death Benefit Received Bank Owned Life Insurance
DeathBenefitReceivedBankOwnedLifeInsurance
193000 USD
CY2014Q1 nfbk Delinquent Status Classification Criteria Days Minimum
DelinquentStatusClassificationCriteriaDaysMinimum
P90D
CY2014Q1 nfbk Deposits Utilized To Purchase Common Stock
DepositsUtilizedToPurchaseCommonStock
0 USD
CY2013Q1 nfbk Deposits Utilized To Purchase Common Stock
DepositsUtilizedToPurchaseCommonStock
289554000 USD
CY2013Q4 nfbk Estimated Fair Value Of Impaired Loans Held For Investment
EstimatedFairValueOfImpairedLoansHeldForInvestment
27600000 USD
CY2014Q1 nfbk Estimated Fair Value Of Impaired Loans Held For Investment
EstimatedFairValueOfImpairedLoansHeldForInvestment
37600000 USD
CY2014Q1 nfbk Impaired Financing Receivables Charge Off
ImpairedFinancingReceivablesChargeOff
-111000 USD
CY2013Q1 nfbk Impaired Financing Receivables Charge Off
ImpairedFinancingReceivablesChargeOff
385000 USD
CY2014Q1 nfbk Investment In Non Accrual Loans
InvestmentInNonAccrualLoans
17200000 USD
CY2013Q4 nfbk Investment In Non Accrual Loans
InvestmentInNonAccrualLoans
17700000 USD
CY2013Q4 nfbk Loans Deemed To Be Impaired Non Accrual Amount
LoansDeemedToBeImpairedNonAccrualAmount
13500000 USD
CY2014Q1 nfbk Loans Deemed To Be Impaired Non Accrual Amount
LoansDeemedToBeImpairedNonAccrualAmount
12600000 USD
CY2014Q1 nfbk Loans Held For Sale Non Accrual Amount
LoansHeldForSaleNonAccrualAmount
471000 USD
CY2014Q1 nfbk Loans On Non Accrual Status With Principal Balances Below Threshold Definition Of Impaired Loan
LoansOnNonAccrualStatusWithPrincipalBalancesBelowThresholdDefinitionOfImpairedLoan
4100000 USD
CY2013Q4 nfbk Loans On Non Accrual Status With Principal Balances Below Threshold Definition Of Impaired Loan
LoansOnNonAccrualStatusWithPrincipalBalancesBelowThresholdDefinitionOfImpairedLoan
3800000 USD
CY2014Q1 nfbk Loans With Carrying Balances Not Written Down
LoansWithCarryingBalancesNotWrittenDown
13300000 USD
CY2013Q4 nfbk Loans With Carrying Balances Not Written Down
LoansWithCarryingBalancesNotWrittenDown
21800000 USD
CY2013Q4 nfbk Originated Loan Individually Evaluated For Impairment One
OriginatedLoanIndividuallyEvaluatedForImpairmentOne
38337000 USD
CY2014Q1 nfbk Originated Loan Individually Evaluated For Impairment One
OriginatedLoanIndividuallyEvaluatedForImpairmentOne
38244000 USD
CY2013Q4 nfbk Originated Loans Collectively Evaluated For Impairment
OriginatedLoansCollectivelyEvaluatedForImpairment
1313854000 USD
CY2014Q1 nfbk Originated Loans Collectively Evaluated For Impairment
OriginatedLoansCollectivelyEvaluatedForImpairment
1476820000 USD
CY2014Q1 nfbk Originated Loans Held For Investment Net
OriginatedLoansHeldForInvestmentNet
1384916000 USD
CY2013Q4 nfbk Originated Loans Held For Investment Net
OriginatedLoansHeldForInvestmentNet
1352191000 USD
CY2013Q1 nfbk Other Real Estate Owned Charged Off
OtherRealEstateOwnedChargedOff
0 USD
CY2014Q1 nfbk Other Real Estate Owned Charged Off
OtherRealEstateOwnedChargedOff
47000 USD
CY2013Q4 nfbk Principal Amount Outstanding Of Impaired Loans Heldfor Investment Heldfor Sale
PrincipalAmountOutstandingOfImpairedLoansHeldforInvestmentHeldforSale
31700000 USD
CY2014Q1 nfbk Principal Amount Outstanding Of Impaired Loans Heldfor Investment Heldfor Sale
PrincipalAmountOutstandingOfImpairedLoansHeldforInvestmentHeldforSale
41400000 USD
CY2014Q1 nfbk Principal Balance Threshold For Non Accrual Status
PrincipalBalanceThresholdForNonAccrualStatus
500000 USD
CY2013Q1 nfbk Proceeds From Merger Related Activities
ProceedsFromMergerRelatedActivities
124000 USD
CY2014Q1 nfbk Proceeds From Merger Related Activities
ProceedsFromMergerRelatedActivities
0 USD
CY2013Q1 nfbk Purchase Of Common Stock For Employee Stock Ownership Plan
PurchaseOfCommonStockForEmployeeStockOwnershipPlan
14224000 USD
CY2014Q1 nfbk Purchase Of Common Stock For Employee Stock Ownership Plan
PurchaseOfCommonStockForEmployeeStockOwnershipPlan
0 USD
CY2014Q1 nfbk Purchased Credit Impaired Loans Held For Investment
PurchasedCreditImpairedLoansHeldForInvestment
56856000 USD
CY2013Q4 nfbk Purchased Credit Impaired Loans Held For Investment
PurchasedCreditImpairedLoansHeldForInvestment
59468000 USD
CY2014Q1 nfbk Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageGrantDateFairValue
2.30
CY2014Q1 nfbk Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageGrantDateFairValue
2.30
CY2013Q4 nfbk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
2.30
CY2014Q1 nfbk Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageGrantDateFairValue
2.30
CY2014Q1 nfbk Transfer Of Held To Maturity Securities To Available For Sale Securities
TransferOfHeldToMaturitySecuritiesToAvailableForSaleSecurities
0 USD
CY2013Q1 nfbk Transfer Of Held To Maturity Securities To Available For Sale Securities
TransferOfHeldToMaturitySecuritiesToAvailableForSaleSecurities
2219000 USD
CY2014Q1 nfbk Trouble Debt Restructuring Amount
TroubleDebtRestructuringAmount
36100000 USD
CY2013Q4 nfbk Trouble Debt Restructuring Amount
TroubleDebtRestructuringAmount
36800000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2014Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001493225
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
53555165 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Northfield Bancorp, Inc.

Files In Submission

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0001493225-14-000035-index-headers.html Edgar Link pending
0001493225-14-000035-index.html Edgar Link pending
0001493225-14-000035.txt Edgar Link pending
0001493225-14-000035-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
nfbk-20140331.xml Edgar Link completed
nfbk-20140331.xsd Edgar Link pending
nfbk-20140331_cal.xml Edgar Link unprocessable
nfbk-20140331_def.xml Edgar Link unprocessable
nfbk-20140331_lab.xml Edgar Link unprocessable
nfbk-20140331_pre.xml Edgar Link unprocessable
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