2024 Q3 Form 10-Q Financial Statement

#000116337024000032 Filed on August 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $39.42M $36.91M
YoY Change 14.55% 15.99%
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 $971.0K $1.067M
YoY Change -11.73% -1.11%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $11.64M $11.56M
YoY Change 13.36% 66.68%
Income Tax $2.813M $2.536M
% Of Pretax Income 24.17% 21.95%
Net Earnings $8.825M $9.020M
YoY Change 5.39% 61.74%
Net Earnings / Revenue 22.39% 24.44%
Basic Earnings Per Share $1.60 $1.64
Diluted Earnings Per Share $1.58 $1.62
COMMON SHARES
Basic Shares Outstanding 5.502M shares 5.500M shares
Diluted Shares Outstanding 5.583M shares 5.559M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $102.9M $54.42M
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 $47.24M $48.64M
YoY Change 15.45% 22.9%
Goodwill $15.02M $15.02M
YoY Change 0.0% 0.0%
Intangibles $950.0K $950.0K
YoY Change -0.63% -1.04%
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 $2.963B $2.822B
YoY Change 6.21% 6.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $7.635M $8.269M
YoY Change -21.29% -18.02%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.635M $8.269M
YoY Change -21.29% -18.02%
LONG-TERM LIABILITIES
Long-Term Debt $10.31M $10.31M
YoY Change 0.1% 0.0%
Other Long-Term Liabilities $46.48M $48.12M
YoY Change -12.64% 64.37%
Total Long-Term Liabilities $56.79M $58.43M
YoY Change -10.57% 47.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.635M $8.269M
Total Long-Term Liabilities $56.79M $58.43M
Total Liabilities $2.703B $2.574B
YoY Change 5.4% 6.52%
SHAREHOLDERS EQUITY
Retained Earnings $251.8M $246.5M
YoY Change 8.2% 8.22%
Common Stock $5.502M $5.502M
YoY Change -0.83% -1.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $260.1M $247.2M
YoY Change
Total Liabilities & Shareholders Equity $2.963B $2.822B
YoY Change 6.21% 6.95%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $8.825M $9.020M
YoY Change 5.39% 61.74%
Depreciation, Depletion And Amortization $971.0K $1.067M
YoY Change -11.73% -1.11%
Cash From Operating Activities -$201.0K -$38.50M
YoY Change -101.76% 43.29%
INVESTING ACTIVITIES
Capital Expenditures $129.0K $894.0K
YoY Change -94.14% -59.31%
Acquisitions
YoY Change
Other Investing Activities -$78.96M -$43.31M
YoY Change 48.42% -65.19%
Cash From Investing Activities -$79.09M -$44.20M
YoY Change 42.76% -65.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 127.7M 56.76M
YoY Change 7.8% 11.21%
NET CHANGE
Cash From Operating Activities -201.0K -38.50M
Cash From Investing Activities -79.09M -44.20M
Cash From Financing Activities 127.7M 56.76M
Net Change In Cash 48.45M -25.94M
YoY Change -34.96% -74.68%
FREE CASH FLOW
Cash From Operating Activities -$201.0K -$38.50M
Capital Expenditures $129.0K $894.0K
Free Cash Flow -$330.0K -$39.39M
YoY Change -103.59% 35.53%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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<div style="margin-bottom:11pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Reclassification of Prior Period Presentation</span></div><div style="margin-bottom:11pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year amounts have been reclassified for consistency with the current period presentation. These reclassifications had no effect on the reported results of operations or total shareholders' equity.</span></div>
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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
21253000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
519914000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
21581000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months
13906000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
94000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
579138000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
24729000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
593044000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
24823000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
59 security
CY2024Q2 us-gaap Held To Maturity Securities In Unrealized Loss Positions Qualitative Disclosure Number Of Positions
HeldToMaturitySecuritiesInUnrealizedLossPositionsQualitativeDisclosureNumberOfPositions
5 security
CY2024Q2 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
175600000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Restricted
DebtSecuritiesAvailableForSaleRestricted
180100000 usd
CY2024Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Debt
ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
0 usd
CY2024Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
3556000 usd
CY2023Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
3991000 usd
CY2024Q2 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
0 usd
CY2024Q2 us-gaap Interest And Dividend Income Securities
InterestAndDividendIncomeSecurities
3556000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1875907000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
1884225000 usd
CY2024Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-8318000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1789497000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
1798053000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-8556000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
17694000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1858213000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
1884225000 usd
CY2024Q2 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-8318000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
1772227000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss Fee And Loan In Process
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLossFeeAndLoanInProcess
1798053000 usd
CY2023Q4 us-gaap Financing Receivable Unamortized Loan Commitment Origination Fee And Premium Discount
FinancingReceivableUnamortizedLoanCommitmentOriginationFeeAndPremiumDiscount
-8556000 usd
CY2024Q2 us-gaap Financing Receivable Unamortized Loan Fee Cost
FinancingReceivableUnamortizedLoanFeeCost
-8300000 usd
CY2024Q2 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
8700000 usd
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
17533000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
135000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
0 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
26000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
17694000 usd
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
14157000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1510000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
49000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
27000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15645000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
17270000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
356000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
25000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
93000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
17694000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
13838000 usd
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
1769000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Writeoff
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoff
63000 usd
us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossRecovery
101000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
15645000 usd
us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
25000 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
178663000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
416272000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
451433000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
258902000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
182135000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
388502000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1875907000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
429289000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
468697000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
285900000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
194083000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
105717000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
305811000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1789497000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1875907000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing
FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing
17000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
1789497000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest90 Days Or More Past Due Still Accruing
FinancingReceivableExcludingAccruedInterest90DaysOrMorePastDueStillAccruing
0 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
4830000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
4189000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
6069000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual No Allowance
FinancingReceivableExcludingAccruedInterestNonaccrualNoAllowance
5965000 usd
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
0 usd
CY2024Q2 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
0 usd
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
0 usd
CY2023Q2 us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
0 usd
CY2024Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
32000 usd
CY2023Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
205000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
234000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
384000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
0 usd
CY2024Q2 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
4456000 usd
CY2023Q2 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
5661000 usd
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.0030
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
4456000 usd
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0
CY2024Q2 nrim Financing Receivable Excluding Accrued Interest Modified Outstanding Commitments
FinancingReceivableExcludingAccruedInterestModifiedOutstandingCommitments
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Modified Subsequent Default
FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault
0 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Subsequent Default
FinancingReceivableExcludingAccruedInterestModifiedSubsequentDefault
0 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Accumulated
FinancingReceivableExcludingAccruedInterestModifiedAccumulated
7362000 usd
CY2023Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Accumulated
FinancingReceivableExcludingAccruedInterestModifiedAccumulated
4456000 usd
nrim Purchased Receivables Term Of Receivable
PurchasedReceivablesTermOfReceivable
P1Y
CY2023Q4 nrim Purchased Receivables Past Due Number
PurchasedReceivablesPastDueNumber
0 purchased_receivable
CY2024Q2 nrim Purchased Receivables Past Due Number
PurchasedReceivablesPastDueNumber
0 purchased_receivable
CY2023Q4 nrim Purchased Receivables Restructured Number
PurchasedReceivablesRestructuredNumber
0 purchased_receivable
CY2024Q2 nrim Purchased Receivables Restructured Number
PurchasedReceivablesRestructuredNumber
0 purchased_receivable
CY2024Q2 nrim Purchased Receivable Nonperforming Number
PurchasedReceivableNonperformingNumber
0 purchased_receivable
CY2023Q4 nrim Purchased Receivable Nonperforming Number
PurchasedReceivableNonperformingNumber
1 purchased_receivable
CY2024Q2 nrim Mortgage Loans Serviced For Third Party
MortgageLoansServicedForThirdParty
1101800000 usd
CY2023Q4 nrim Mortgage Loans Serviced For Third Party
MortgageLoansServicedForThirdParty
1044516000 usd
CY2024Q2 nrim Mortgage Loans Serviced By Third Party Weighted Average Rate Of Note
MortgageLoansServicedByThirdPartyWeightedAverageRateOfNote
0.0422
CY2023Q4 nrim Mortgage Loans Serviced By Third Party Weighted Average Rate Of Note
MortgageLoansServicedByThirdPartyWeightedAverageRateOfNote
0.0403
CY2024Q2 nrim Mortgage Servicing Rights Percent Of Loans Serviced
MortgageServicingRightsPercentOfLoansServiced
0.0191
CY2023Q4 nrim Mortgage Servicing Rights Percent Of Loans Serviced
MortgageServicingRightsPercentOfLoansServiced
0.0187
CY2024Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
8200000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
8300000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9100000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9100000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
745000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
702000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1482000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
1401000 usd
CY2024Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
13000 usd
CY2023Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
46000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
51000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
79000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
758000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
748000 usd
us-gaap Lease Cost
LeaseCost
1533000 usd
us-gaap Lease Cost
LeaseCost
1480000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1373000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
1307000 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y8M1D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y5M19D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0362
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0349
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
1381000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2422000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1245000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
783000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
547000 usd
CY2024Q2 nrim Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
3879000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10257000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1988000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
8269000 usd
nrim Derivatives Value Shortfalls Threshold Triggering Additional Collateral Requirements
DerivativesValueShortfallsThresholdTriggeringAdditionalCollateralRequirements
250000 usd
CY2024Q2 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
566000 usd
CY2023Q4 us-gaap Collateral Already Posted Aggregate Fair Value
CollateralAlreadyPostedAggregateFairValue
566000 usd
CY2024Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
228000000.0 usd
CY2023Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
218000000.0 usd
CY2024Q2 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
21 swap
CY2024Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
10000 usd
CY2023Q2 us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
61000 usd
us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
73000 usd
us-gaap Interest And Fee Income Loans Commercial
InterestAndFeeIncomeLoansCommercial
61000 usd
CY2024Q2 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
584964000 usd
CY2024Q2 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
12381000 usd
CY2024Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
38600000 usd
CY2024Q2 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
12534000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
637936000 usd
CY2023Q4 us-gaap Equity Securities Fv Ni
EquitySecuritiesFvNi
13153000 usd
CY2023Q4 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
33942000 usd
CY2023Q4 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
10483000 usd
CY2024Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
22920000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-550000 usd
CY2024Q2 nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases And Issuances
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesAndIssuances
4551000 usd
CY2024Q2 nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements
2669000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
24252000 usd
CY2024Q2 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
1059000 usd
CY2023Q1 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21158000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-1008000 usd
CY2023Q2 nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases And Issuances
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesAndIssuances
3279000 usd
CY2023Q2 nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements
2191000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21238000 usd
CY2023Q2 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
851000 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
22106000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-979000 usd
nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases And Issuances
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesAndIssuances
7609000 usd
nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements
4484000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
24252000 usd
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
1059000 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21204000 usd
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
-2026000 usd
nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases And Issuances
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesAndIssuances
5329000 usd
nrim Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Sales And Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSalesAndSettlements
3269000 usd
CY2023Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
21238000 usd
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
851000 usd
us-gaap Fair Value Asset Recurring Basis Still Held Unrealized Gain Loss Oci
FairValueAssetRecurringBasisStillHeldUnrealizedGainLossOci
0 usd
CY2024Q2 us-gaap Fair Value Asset Recurring Basis Still Held Unrealized Gain Loss Oci
FairValueAssetRecurringBasisStillHeldUnrealizedGainLossOci
0 usd
CY2023Q2 us-gaap Fair Value Asset Recurring Basis Still Held Unrealized Gain Loss Oci
FairValueAssetRecurringBasisStillHeldUnrealizedGainLossOci
0 usd
us-gaap Fair Value Asset Recurring Basis Still Held Unrealized Gain Loss Oci
FairValueAssetRecurringBasisStillHeldUnrealizedGainLossOci
0 usd
CY2024Q2 nrim Assets Fair Value Disclosure Nonrecurring Gain Loss
AssetsFairValueDisclosureNonrecurringGainLoss
182000 usd
CY2023Q2 nrim Assets Fair Value Disclosure Nonrecurring Gain Loss
AssetsFairValueDisclosureNonrecurringGainLoss
27000 usd
nrim Assets Fair Value Disclosure Nonrecurring Gain Loss
AssetsFairValueDisclosureNonrecurringGainLoss
-2000 usd
nrim Assets Fair Value Disclosure Nonrecurring Gain Loss
AssetsFairValueDisclosureNonrecurringGainLoss
0 usd
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2024Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
36909000 usd
CY2024Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
9856000 usd
CY2024Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
27053000 usd
CY2024Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-120000 usd
CY2024Q2 us-gaap Noninterest Income
NoninterestIncome
9577000 usd
CY2024Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
16627000 usd
CY2024Q2 nrim Noninterest Expense Excluding Labor And Related Expense
NoninterestExpenseExcludingLaborAndRelatedExpense
8567000 usd
CY2024Q2 us-gaap Noninterest Expense
NoninterestExpense
25194000 usd
CY2024Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11556000 usd
CY2024Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2536000 usd
CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
9020000 usd
CY2023Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
31820000 usd
CY2023Q2 us-gaap Interest Expense Operating
InterestExpenseOperating
6678000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
25142000 usd
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1407000 usd
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
6980000 usd
CY2023Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
15183000 usd
CY2023Q2 nrim Noninterest Expense Excluding Labor And Related Expense
NoninterestExpenseExcludingLaborAndRelatedExpense
8599000 usd
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
23782000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
6933000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1356000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
5577000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
72717000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
19217000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
53500000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
29000 usd
us-gaap Noninterest Income
NoninterestIncome
17421000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
32044000 usd
nrim Noninterest Expense Excluding Labor And Related Expense
NoninterestExpenseExcludingLaborAndRelatedExpense
16788000 usd
us-gaap Noninterest Expense
NoninterestExpense
48832000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22060000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4841000 usd
us-gaap Net Income Loss
NetIncomeLoss
17219000 usd
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
61615000 usd
us-gaap Interest Expense Operating
InterestExpenseOperating
11441000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
50174000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1767000 usd
us-gaap Noninterest Income
NoninterestIncome
11888000 usd
us-gaap Labor And Related Expense
LaborAndRelatedExpense
30667000 usd
nrim Noninterest Expense Excluding Labor And Related Expense
NoninterestExpenseExcludingLaborAndRelatedExpense
16624000 usd
us-gaap Noninterest Expense
NoninterestExpense
47291000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
13004000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2597000 usd
us-gaap Net Income Loss
NetIncomeLoss
10407000 usd
CY2024Q2 us-gaap Assets
Assets
2821668000 usd
CY2024Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
85926000 usd
CY2023Q4 us-gaap Assets
Assets
2807497000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
31974000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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