2014 Q1 Form 10-Q Financial Statement

#000116337014000035 Filed on May 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1
Revenue $11.67M $11.09M
YoY Change 5.24% 0.36%
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 $500.0K $500.0K
YoY Change 0.0% 0.0%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $440.0K $530.0K
YoY Change -16.98% -24.07%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $4.000M $3.854M
YoY Change 3.79% 3.77%
Income Tax $1.297M $1.090M
% Of Pretax Income 32.43% 28.28%
Net Earnings $2.658M $2.674M
YoY Change -0.6% 3.8%
Net Earnings / Revenue 22.77% 24.11%
Basic Earnings Per Share $0.41 $0.41
Diluted Earnings Per Share $0.40 $0.41
COMMON SHARES
Basic Shares Outstanding 6.538M shares 6.512M shares
Diluted Shares Outstanding 6.629M shares 6.591M shares

Balance Sheet

Concept 2014 Q1 2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $329.8M
YoY Change
Cash & Equivalents $95.34M $89.03M
Short-Term Investments $234.4M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $27.79M $27.90M
YoY Change -0.38% 0.0%
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 $1.204B $1.151B
YoY Change 4.55% 6.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $19.90M $13.40M
YoY Change 48.51% -13.55%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $19.90M $13.40M
YoY Change 48.51% -13.55%
LONG-TERM LIABILITIES
Long-Term Debt $18.60M $18.60M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $19.20M $19.50M
YoY Change -1.54% 137.8%
Total Long-Term Liabilities $37.80M $38.10M
YoY Change -0.79% 42.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.90M $13.40M
Total Long-Term Liabilities $37.80M $38.10M
Total Liabilities $1.058B $1.013B
YoY Change 4.4% 6.83%
SHAREHOLDERS EQUITY
Retained Earnings $84.39M
YoY Change
Common Stock $6.538M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $145.8M $138.0M
YoY Change
Total Liabilities & Shareholders Equity $1.204B $1.151B
YoY Change 4.55% 6.95%

Cashflow Statement

Concept 2014 Q1 2013 Q1
OPERATING ACTIVITIES
Net Income $2.658M $2.674M
YoY Change -0.6% 3.8%
Depreciation, Depletion And Amortization $500.0K $500.0K
YoY Change 0.0% 0.0%
Cash From Operating Activities -$6.690M $2.225M
YoY Change -400.67% -88.04%
INVESTING ACTIVITIES
Capital Expenditures $794.0K $447.0K
YoY Change 77.63% -249.0%
Acquisitions
YoY Change
Other Investing Activities $30.00M -$34.30M
YoY Change -187.46% 501.75%
Cash From Investing Activities $29.18M -$34.80M
YoY Change -183.86% 479.92%
FINANCING ACTIVITIES
Cash Dividend Paid $1.112M $975.0K
YoY Change 14.05%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$12.74M -$19.72M
YoY Change -35.38% 68.51%
NET CHANGE
Cash From Operating Activities -$6.690M $2.225M
Cash From Investing Activities $29.18M -$34.80M
Cash From Financing Activities -$12.74M -$19.72M
Net Change In Cash $9.750M -$52.29M
YoY Change -118.65% -5909.56%
FREE CASH FLOW
Cash From Operating Activities -$6.690M $2.225M
Capital Expenditures $794.0K $447.0K
Free Cash Flow -$7.484M $1.778M
YoY Change -520.92% -90.59%

Facts In Submission

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CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
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807000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
186000 USD
CY2014Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
1127000 USD
CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3854000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3658000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
955000 USD
CY2013Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1090000 USD
CY2013Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000 USD
CY2014Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
205000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
352000 USD
CY2014Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-155000 USD
CY2013Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-370000 USD
CY2013Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-15216000 USD
CY2014Q1 us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-5966000 USD
CY2014Q1 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-1257000 USD
CY2013Q1 us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-5627000 USD
CY2013Q1 us-gaap Increase Decrease In Loans Deferred Income
IncreaseDecreaseInLoansDeferredIncome
-30000 USD
CY2014Q1 us-gaap Increase Decrease In Loans Deferred Income
IncreaseDecreaseInLoansDeferredIncome
210000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1015000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4899000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-2724000 USD
CY2014Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
260000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1501000 USD
CY2013Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
265000 USD
CY2014Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11673000 USD
CY2014Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
75725000 USD
CY2013Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11092000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
659000 USD
CY2014Q1 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
730000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
659000 USD
CY2014Q1 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
730000 USD
CY2014Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
23000 USD
CY2013Q1 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
29000 USD
CY2014Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10871000 USD
CY2013Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10342000 USD
CY2014Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
142981000 USD
CY2013Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
143703000 USD
CY2013Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
65979000 USD
CY2014Q1 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
85500000 USD
CY2013Q4 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
86200000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
440000 USD
CY2013Q1 us-gaap Interest Expense
InterestExpense
530000 USD
CY2014Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
49000 USD
CY2013Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
62000 USD
CY2013Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
10412000 USD
CY2014Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
11233000 USD
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
11233000 USD
CY2013Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10562000 USD
CY2013Q1 us-gaap Interest Income Purchased Receivables
InterestIncomePurchasedReceivables
702000 USD
CY2014Q1 us-gaap Interest Income Purchased Receivables
InterestIncomePurchasedReceivables
481000 USD
CY2013Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
145000 USD
CY2014Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
137000 USD
CY2014Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
593000 USD
CY2013Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
514000 USD
CY2014Q1 us-gaap Interest Paid Net
InterestPaidNet
442000 USD
CY2013Q1 us-gaap Interest Paid Net
InterestPaidNet
529000 USD
CY2014Q1 us-gaap Interest Receivable
InterestReceivable
2934000 USD
CY2013Q4 us-gaap Interest Receivable
InterestReceivable
2729000 USD
CY2013Q4 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
18558000 USD
CY2014Q1 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
18558000 USD
CY2014Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5920000 USD
CY2013Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5735000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
1070688000 USD
CY2014Q1 us-gaap Loans Held For Sale Other
LoansHeldForSaleOther
14328000 USD
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
13000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-19716000 USD
CY2014Q1 us-gaap Liabilities
Liabilities
1057644000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1215006000 USD
CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1203574000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16282000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16032000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
763065000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
770016000 USD
CY2013Q4 us-gaap Loans Held For Sale Other
LoansHeldForSaleOther
11301000 USD
CY2014Q1 us-gaap Loans Receivable Net
LoansReceivableNet
761361000 USD
CY2013Q4 us-gaap Loans Receivable Net
LoansReceivableNet
765035000 USD
CY2014Q1 us-gaap Marketable Securities
MarketableSecurities
234424000 USD
CY2013Q4 us-gaap Marketable Securities
MarketableSecurities
250896000 USD
CY2013Q1 us-gaap Marketing Expense
MarketingExpense
447000 USD
CY2014Q1 us-gaap Marketing Expense
MarketingExpense
614000 USD
CY2014Q1 us-gaap Minority Interest
MinorityInterest
137000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
167000 USD
CY2014Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
75000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-12740000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-34795000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
29180000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6690000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2225000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
2658000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
2674000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
12325000 USD
CY2013Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
90000 USD
CY2014Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
45000 USD
CY2014Q1 us-gaap Noninterest Expense
NoninterestExpense
10309000 USD
CY2013Q1 us-gaap Noninterest Expense
NoninterestExpense
9697000 USD
CY2014Q1 us-gaap Noninterest Income
NoninterestIncome
2734000 USD
CY2013Q1 us-gaap Noninterest Income
NoninterestIncome
3139000 USD
CY2014Q1 us-gaap Notes Receivable Net
NotesReceivableNet
766876000 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
774037000 USD
CY2013Q1 us-gaap Occupancy Net
OccupancyNet
888000 USD
CY2014Q1 us-gaap Occupancy Net
OccupancyNet
877000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
40666000 USD
CY2014Q1 us-gaap Other Assets
OtherAssets
45170000 USD
CY2014Q1 us-gaap Other Borrowings
OtherBorrowings
2197000 USD
CY2013Q4 us-gaap Other Borrowings
OtherBorrowings
6527000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-40000 USD
CY2013Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
104000 USD
CY2014Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
75000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
128000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
57000 USD
CY2014Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
40000 USD
CY2013Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
90000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
95000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
151000 USD
CY2014Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
39000 USD
CY2013Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
63000 USD
CY2013Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
32000 USD
CY2014Q1 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
-50000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
20737000 USD
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
19246000 USD
CY2013Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1110000 USD
CY2014Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1075000 USD
CY2014Q1 us-gaap Other Operating Income
OtherOperatingIncome
435000 USD
CY2013Q1 us-gaap Other Operating Income
OtherOperatingIncome
379000 USD
CY2014Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
-5774000 USD
CY2013Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
17504000 USD
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1112000 USD
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
975000 USD
CY2013Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
40951000 USD
CY2014Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
39125000 USD
CY2013Q1 us-gaap Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
-255000 USD
CY2014Q1 us-gaap Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
-6162000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
447000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
794000 USD
CY2014Q1 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
30482000 USD
CY2013Q1 us-gaap Payments To Purchase Loans Held For Sale
PaymentsToPurchaseLoansHeldForSale
20242000 USD
CY2014Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2014Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2500000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q1 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
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
2196000 USD
CY2014Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-4330000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
55742000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
23528000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
27455000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
20493000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
201000 USD
CY2014Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1294000 USD
CY2014Q1 us-gaap Professional Fees
ProfessionalFees
724000 USD
CY2013Q1 us-gaap Professional Fees
ProfessionalFees
349000 USD
CY2013Q1 us-gaap Profit Loss
ProfitLoss
2764000 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
2703000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
28324000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
27794000 USD
CY2013Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
150000 USD
CY2014Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
0 USD
CY2014Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
0 USD
CY2013Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
150000 USD
CY2014Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
3443000 USD
CY2013Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
2402000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
82855000 USD
CY2014Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
84391000 USD
CY2014Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
19886000 USD
CY2013Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
21143000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
107000 USD
CY2013Q1 us-gaap Share Based Compensation
ShareBasedCompensation
112000 USD
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
348232 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2013 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-129000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
145793000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
144151000 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
145930000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
144318000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
136353000 USD
CY2014Q1 us-gaap Time Deposit Maturities Next Rolling Twelve Months
TimeDepositMaturitiesNextRollingTwelveMonths
56000000 USD
CY2013Q4 us-gaap Time Deposit Maturities Next Rolling Twelve Months
TimeDepositMaturitiesNextRollingTwelveMonths
55400000 USD
CY2013Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
50793000 USD
CY2014Q1 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
50646000 USD
CY2013Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
35432000 USD
CY2014Q1 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
34844000 USD
CY2014Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
904000 USD
CY2013Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 USD
CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6629330 shares
CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6590807 shares
CY2013Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6512455 shares
CY2014Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6537652 shares
CY2013Q4 nrim Alaska Cds
AlaskaCds
112702000 USD
CY2014Q1 nrim Alaska Cds
AlaskaCds
112531000 USD
CY2013Q1 nrim Amortization Of Low Income Housing Tax Investments
AmortizationOfLowIncomeHousingTaxInvestments
245000 USD
CY2014Q1 nrim Amortization Of Low Income Housing Tax Investments
AmortizationOfLowIncomeHousingTaxInvestments
342000 USD
CY2014Q1 nrim Assets Fair Value Disclosure Nonrecurring Gain Loss
AssetsFairValueDisclosureNonrecurringGainLoss
271000 USD
CY2013Q1 nrim Assets Fair Value Disclosure Nonrecurring Gain Loss
AssetsFairValueDisclosureNonrecurringGainLoss
0 USD
CY2014Q1 nrim Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
52000 USD
CY2013Q4 nrim Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLossesAccumulatedInInvestments
0 USD
CY2013Q4 nrim Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
397000 USD
CY2014Q1 nrim Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLossesAccumulatedInInvestments
390000 USD
CY2013Q4 nrim Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
397000 USD
CY2014Q1 nrim Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses Accumulated In Investments
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLossesAccumulatedInInvestments
338000 USD
CY2013Q4 nrim Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
1516000 USD
CY2014Q1 nrim Available For Sale Securities Gross Unrealized Gain Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedGainAccumulatedInInvestments
1510000 USD
CY2014Q1 nrim Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
394000 USD
CY2013Q4 nrim Available For Sale Securities Gross Unrealized Loss Accumulated In Investments
AvailableForSaleSecuritiesGrossUnrealizedLossAccumulatedInInvestments
397000 USD
CY2014Q1 nrim Available For Sale Securities Proceeds
AvailableForSaleSecuritiesProceeds
2098000 USD
CY2013Q1 nrim Available For Sale Securities Proceeds
AvailableForSaleSecuritiesProceeds
23528000 USD
CY2013Q4 nrim Availableforsale Securities Pledgedas Collateral Percentof Portfolio
AvailableforsaleSecuritiesPledgedasCollateralPercentofPortfolio
0.19
CY2014Q1 nrim Availableforsale Securities Pledgedas Collateral Percentof Portfolio
AvailableforsaleSecuritiesPledgedasCollateralPercentofPortfolio
0.20
CY2014Q1 nrim Derivatives Value Shortfalls Threshold Triggering Additional Collateral Requirements
DerivativesValueShortfallsThresholdTriggeringAdditionalCollateralRequirements
250000 USD
CY2014Q1 nrim Domestic Certificates Of Deposit Excluded For Cash And Cash Equivalents
DomesticCertificatesOfDepositExcludedForCashAndCashEquivalents
13500000 USD
CY2014Q1 nrim Duration Of Fair Value Purchased Receivables
DurationOfFairValuePurchasedReceivables
P1Y
CY2014Q1 nrim Earnings In Excess Of Proceeds From Entity
EarningsInExcessOfProceedsFromEntity
-148000 USD
CY2013Q1 nrim Earnings In Excess Of Proceeds From Entity
EarningsInExcessOfProceedsFromEntity
-192000 USD
CY2014Q1 nrim Electronic Banking Income
ElectronicBankingIncome
500000 USD
CY2013Q1 nrim Electronic Banking Income
ElectronicBankingIncome
504000 USD
CY2014Q1 nrim Employee Benefit Plan Income
EmployeeBenefitPlanIncome
876000 USD
CY2013Q1 nrim Employee Benefit Plan Income
EmployeeBenefitPlanIncome
569000 USD
CY2014Q1 nrim Equity In Earnings Loss From Entity
EquityInEarningsLossFromEntity
-131000 USD
CY2013Q1 nrim Equity In Earnings Loss From Entity
EquityInEarningsLossFromEntity
242000 USD
CY2013Q4 nrim Financing Receivable By Segment Total Loans
FinancingReceivableBySegmentTotalLoans
770016000 USD
CY2014Q1 nrim Financing Receivable By Segment Total Loans
FinancingReceivableBySegmentTotalLoans
763065000 USD
CY2014Q1 nrim Financing Receivable Modificationswith Specific Allowance Numberof Contracts
FinancingReceivableModificationswithSpecificAllowanceNumberofContracts
1 Contract
CY2014Q1 nrim Gain Loss On Sale Of Other Real Estate Owned
GainLossOnSaleOfOtherRealEstateOwned
294000 USD
CY2013Q1 nrim Gain Loss On Sale Of Other Real Estate Owned
GainLossOnSaleOfOtherRealEstateOwned
21000 USD
CY2014Q1 nrim Goodwill And Intangible Assets
GoodwillAndIntangibleAssets
7889000 USD
CY2013Q4 nrim Goodwill And Intangible Assets
GoodwillAndIntangibleAssets
7942000 USD
CY2013Q4 nrim Heldto Maturity Securities Accumulated Unrecognized Holding Gain
HeldtoMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
153000 USD
CY2014Q1 nrim Heldto Maturity Securities Accumulated Unrecognized Holding Gain
HeldtoMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
129000 USD
CY2013Q4 nrim Heldto Maturity Securities Accumulated Unrecognized Holding Loss
HeldtoMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
0 USD
CY2014Q1 nrim Heldto Maturity Securities Accumulated Unrecognized Holding Loss
HeldtoMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
0 USD
CY2014Q1 nrim Internet Banking Expense
InternetBankingExpense
200000 USD
CY2013Q1 nrim Internet Banking Expense
InternetBankingExpense
184000 USD
CY2013Q1 nrim Loan To Entity Net Of Repayments
LoanToEntityNetOfRepayments
106000 USD
CY2014Q1 nrim Loan To Entity Net Of Repayments
LoanToEntityNetOfRepayments
49000 USD
CY2014Q1 nrim Nonperforming Loans Minimum Threshold For Inidividual Impairment Evaluation
NonperformingLoansMinimumThresholdForInidividualImpairmentEvaluation
50000 USD
CY2013Q4 nrim Number Of Investment Securities With Unrealized Losses
NumberOfInvestmentSecuritiesWithUnrealizedLosses
26 security
CY2014Q1 nrim Number Of Investment Securities With Unrealized Losses
NumberOfInvestmentSecuritiesWithUnrealizedLosses
12 security
CY2014Q1 nrim Number Of Segments And Classes Of Purchased Receivables
NumberOfSegmentsAndClassesOfPurchasedReceivables
1 Segment
CY2014Q1 nrim Other Real Estate Owned Expense Net Including Impairment
OtherRealEstateOwnedExpenseNetIncludingImpairment
-238000 USD
CY2013Q1 nrim Other Real Estate Owned Expense Net Including Impairment
OtherRealEstateOwnedExpenseNetIncludingImpairment
-6000 USD
CY2014Q1 nrim Proceeds From Redemption Of Federal Home Loan Bank Stock
ProceedsFromRedemptionOfFederalHomeLoanBankStock
78000 USD
CY2013Q1 nrim Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
161000 USD
CY2014Q1 nrim Loans Transferred From Loans To Other Real Estate Owned
LoansTransferredFromLoansToOtherRealEstateOwned
1137000 USD
CY2014Q1 nrim Maturity Period Of Securities At Acquisition
MaturityPeriodOfSecuritiesAtAcquisition
P90D
CY2013Q1 nrim Proceeds From Redemption Of Federal Home Loan Bank Stock
ProceedsFromRedemptionOfFederalHomeLoanBankStock
17000 USD
CY2013Q4 nrim Purchased Receivables
PurchasedReceivables
16298000 USD
CY2014Q1 nrim Purchased Receivables
PurchasedReceivables
10136000 USD
CY2013Q4 nrim Purchased Receivables Fair Value Disclosure
PurchasedReceivablesFairValueDisclosure
16025000 USD
CY2014Q1 nrim Purchased Receivables Fair Value Disclosure
PurchasedReceivablesFairValueDisclosure
9900000 USD
CY2013Q1 nrim Purchased Receivables Reserve
PurchasedReceivablesReserve
84000 USD
CY2014Q1 nrim Purchased Receivables Reserve
PurchasedReceivablesReserve
-37000 USD
CY2014Q1 nrim Reserve For Purchased Receivable Gains Losses
ReserveForPurchasedReceivableGainsLosses
236000 USD
CY2013Q4 nrim Reserve For Purchased Receivable Gains Losses
ReserveForPurchasedReceivableGainsLosses
273000 USD
CY2012Q4 nrim Reserve For Purchased Receivable Gains Losses
ReserveForPurchasedReceivableGainsLosses
323000 USD
CY2013 nrim Stockholders Equity Net Income Attributable To Noncontrolling Interest
StockholdersEquityNetIncomeAttributableToNoncontrollingInterest
87000 USD
CY2014Q1 nrim Stockholders Equity Net Income Attributable To Noncontrolling Interest
StockholdersEquityNetIncomeAttributableToNoncontrollingInterest
45000 USD
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 nrim Time Deposit Maturities Next Rolling Twelve Months Percentof Total Time Deposits
TimeDepositMaturitiesNextRollingTwelveMonthsPercentofTotalTimeDeposits
0.65
CY2013Q4 nrim Time Deposit Maturities Next Rolling Twelve Months Percentof Total Time Deposits
TimeDepositMaturitiesNextRollingTwelveMonthsPercentofTotalTimeDeposits
0.64
CY2014Q1 nrim Troubled Debt Restructurings Total Recorded Investment Impairment Amount
TroubledDebtRestructuringsTotalRecordedInvestmentImpairmentAmount
2000 USD
CY2014Q1 nrim Troubled Debt Restructurings With Specific Impairment Total Recorded Investment
TroubledDebtRestructuringsWithSpecificImpairmentTotalRecordedInvestment
184000 USD
CY2013Q4 nrim Troubled Debt Restructurings With Specific Impairment Total Recorded Investment
TroubledDebtRestructuringsWithSpecificImpairmentTotalRecordedInvestment
0 USD
CY2013Q4 nrim Unearned Origination Fee Net Of Origination Costs
UnearnedOriginationFeeNetOfOriginationCosts
4021000 USD
CY2014Q1 nrim Unearned Origination Fee Net Of Origination Costs
UnearnedOriginationFeeNetOfOriginationCosts
3811000 USD
CY2014Q1 dei Amendment Flag
AmendmentFlag
false
CY2014Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q1 dei Document Type
DocumentType
10-Q
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001163370
CY2014Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6827864 shares
CY2014Q1 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
NORTHRIM BANCORP INC
CY2014Q1 dei Trading Symbol
TradingSymbol
NRIM
CY2014Q1 invest Derivative Notional Amount
DerivativeNotionalAmount
25300000 USD
CY2013Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
25800000 USD

Files In Submission

Name View Source Status
0001163370-14-000035-index-headers.html Edgar Link pending
0001163370-14-000035-index.html Edgar Link pending
0001163370-14-000035.txt Edgar Link pending
0001163370-14-000035-xbrl.zip Edgar Link pending
exhibit311q114.htm Edgar Link pending
exhibit312q114.htm Edgar Link pending
exhibit321q114.htm Edgar Link pending
exhibit322q114.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
nrim-20140331.xml Edgar Link completed
nrim-20140331.xsd Edgar Link pending
nrim-20140331_cal.xml Edgar Link unprocessable
nrim-20140331_def.xml Edgar Link unprocessable
nrim-20140331_lab.xml Edgar Link unprocessable
nrim-20140331_pre.xml Edgar Link unprocessable
nrim2014-10q1.htm Edgar Link pending
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