2016 Q1 Form 10-Q Financial Statement

#000131539916000009 Filed on May 16, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $10.34M $9.400M
YoY Change 10.02%
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 $78.00K $79.00K
YoY Change -1.27% -12.22%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.589M $1.344M
YoY Change 18.23%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $4.534M $4.127M
YoY Change 9.86% 13.69%
Income Tax $1.546M $1.521M
% Of Pretax Income 34.1% 36.85%
Net Earnings $2.608M $2.500M
YoY Change 4.32% 7.3%
Net Earnings / Revenue 25.22% 26.6%
Basic Earnings Per Share $0.34 $0.37
Diluted Earnings Per Share $0.29 $0.31
COMMON SHARES
Basic Shares Outstanding 6.843M shares 6.011M shares
Diluted Shares Outstanding 8.938M shares 7.940M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.92M
YoY Change
Cash & Equivalents $26.94M $39.78M
Short-Term Investments $43.98M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.639M $4.400M
YoY Change 5.43% 15.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.70M $10.50M
YoY Change 1.9% -16.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $926.7M $853.6M
YoY Change 8.57% 6.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $500.0K $400.0K
YoY Change 25.0% -20.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $500.0K $400.0K
YoY Change 25.0% -20.0%
LONG-TERM LIABILITIES
Long-Term Debt $13.40M $13.40M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $5.500M $6.500M
YoY Change -15.38% 12.07%
Total Long-Term Liabilities $18.90M $19.90M
YoY Change -5.03% 3.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $500.0K $400.0K
Total Long-Term Liabilities $18.90M $19.90M
Total Liabilities $812.0M $749.1M
YoY Change 8.39% 6.39%
SHAREHOLDERS EQUITY
Retained Earnings $42.39M
YoY Change
Common Stock $650.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.015M
YoY Change
Treasury Stock Shares 280.6K shares
Shareholders Equity $114.2M $104.5M
YoY Change
Total Liabilities & Shareholders Equity $926.7M $853.6M
YoY Change 8.57% 6.7%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $2.608M $2.500M
YoY Change 4.32% 7.3%
Depreciation, Depletion And Amortization $78.00K $79.00K
YoY Change -1.27% -12.22%
Cash From Operating Activities $992.0K $1.820M
YoY Change -45.49% -147.03%
INVESTING ACTIVITIES
Capital Expenditures $126.0K $19.00K
YoY Change 563.16% -138.0%
Acquisitions
YoY Change
Other Investing Activities -$43.37M -$29.20M
YoY Change 48.53% -481.7%
Cash From Investing Activities -$43.50M -$29.22M
YoY Change 48.87% -484.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.000K $351.0K
YoY Change -98.86% 485.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $42.02M 30.94M
YoY Change 35.82% 1447.0%
NET CHANGE
Cash From Operating Activities $992.0K 1.820M
Cash From Investing Activities -$43.50M -29.22M
Cash From Financing Activities $42.02M 30.94M
Net Change In Cash -$486.0K 3.540M
YoY Change -113.73% -38.22%
FREE CASH FLOW
Cash From Operating Activities $992.0K $1.820M
Capital Expenditures $126.0K $19.00K
Free Cash Flow $866.0K $1.801M
YoY Change -51.92% -147.15%

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FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
13647000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14187000 USD
CY2015Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2489000 USD
CY2016Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2632000 USD
CY2015Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
716279000 USD
CY2016Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
760226000 USD
CY2015Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
42222000 USD
CY2016Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
42326000 USD
CY2015Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
CY2016Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1000 loan
CY2016Q1 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
252000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
1200000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment30 To59 Days Past Due
FinancingReceivableRecordedInvestment30To59DaysPastDue
849000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
32000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment60 To89 Days Past Due
FinancingReceivableRecordedInvestment60To89DaysPastDue
387000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
743710000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
787335000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
13559000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
13981000 USD
CY2015Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
14791000 USD
CY2016Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
15217000 USD
CY2015Q1 us-gaap Gain Loss On Sale Of Other Loans And Leases
GainLossOnSaleOfOtherLoansAndLeases
557000 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Other Loans And Leases
GainLossOnSaleOfOtherLoansAndLeases
1432000 USD
CY2015Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
557000 USD
CY2016Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1432000 USD
CY2015Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-169000 USD
CY2016Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-967000 USD
CY2015Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2181000 USD
CY2016Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2192000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
1291000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
1216000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
1186000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
976000 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0 USD
CY2015Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2471000 USD
CY2016Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2477000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
61166000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
42276000 USD
CY2015Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
442000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
366000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
42222000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
42326000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2489000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2632000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
48838000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
48945000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
5597000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
7930000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
7000000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
9581000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
36625000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
34396000 USD
CY2015Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
41838000 USD
CY2016Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
39364000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4127000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
4534000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1521000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1546000 USD
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
2500000 USD
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
1100000 USD
CY2015Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
8000 USD
CY2016Q1 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
0 USD
CY2015Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
2143000 USD
CY2016Q1 us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
392000 USD
CY2015Q1 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-980000 USD
CY2016Q1 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-3715000 USD
CY2015Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
139000 USD
CY2016Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
133000 USD
CY2015Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
9400000 USD
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10342000 USD
CY2015Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9139000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
9963000 USD
CY2015Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
612437000 USD
CY2016Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
652401000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
1344000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
1589000 USD
CY2015Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
213000 USD
CY2016Q1 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
334000 USD
CY2015Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1131000 USD
CY2016Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1255000 USD
CY2015Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7216000 USD
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8053000 USD
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8056000 USD
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8753000 USD
CY2015Q1 us-gaap Interest Paid Net
InterestPaidNet
1347000 USD
CY2016Q1 us-gaap Interest Paid Net
InterestPaidNet
1610000 USD
CY2015Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
494000 USD
CY2016Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
473000 USD
CY2015Q4 us-gaap Interest Receivable
InterestReceivable
3012000 USD
CY2016Q1 us-gaap Interest Receivable
InterestReceivable
3172000 USD
CY2015Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1990000 USD
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2085000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
772917000 USD
CY2016Q1 us-gaap Liabilities
Liabilities
811955000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
885124000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
926729000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18043000 USD
CY2015Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16183000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16136000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16819000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
758501000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
802552000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
742365000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
785733000 USD
CY2015Q4 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
2640000 USD
CY2016Q1 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
2068000 USD
CY2015Q4 us-gaap Marketable Securities
MarketableSecurities
44748000 USD
CY2016Q1 us-gaap Marketable Securities
MarketableSecurities
43980000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
167000 USD
CY2016Q1 us-gaap Minority Interest
MinorityInterest
547000 USD
CY2016Q1 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.51
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
30940000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
42011000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-29218000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-43500000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1823000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1003000 USD
CY2015Q1 us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
7799000 USD
CY2016Q1 us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
39964000 USD
CY2015Q1 us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
3072000 USD
CY2016Q1 us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
-2211000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
2500000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
2608000 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
106000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
380000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2200000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2308000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2200000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2308000 USD
CY2015Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
52773000 USD
CY2016Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
50562000 USD
CY2015Q1 us-gaap Noninterest Expense
NoninterestExpense
4350000 USD
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
4694000 USD
CY2015Q1 us-gaap Noninterest Income
NoninterestIncome
1261000 USD
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
1175000 USD
CY2015Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
400000 USD
CY2016Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
112000 USD
CY2015Q1 us-gaap Occupancy Net
OccupancyNet
325000 USD
CY2016Q1 us-gaap Occupancy Net
OccupancyNet
332000 USD
CY2016Q1 us-gaap Operations Commenced Date1
OperationsCommencedDate1
1999-01-28
CY2015Q4 us-gaap Other Assets
OtherAssets
4171000 USD
CY2016Q1 us-gaap Other Assets
OtherAssets
4380000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
20000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
375000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
15000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
248000 USD
CY2015Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
9000 USD
CY2016Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
623000 USD
CY2015Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
246000 USD
CY2016Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
356000 USD
CY2015Q4 us-gaap Other Liabilities
OtherLiabilities
9160000 USD
CY2016Q1 us-gaap Other Liabilities
OtherLiabilities
5466000 USD
CY2015Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
736000 USD
CY2016Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1182000 USD
CY2015Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
16629000 USD
CY2016Q1 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
16123000 USD
CY2016Q1 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
171000 USD
CY2015Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-26000 USD
CY2016Q1 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
0 USD
CY2015Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
3018000 USD
CY2016Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
11405000 USD
CY2015Q1 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
242000 USD
CY2016Q1 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
26000 USD
CY2015Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
9862000 USD
CY2016Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
44579000 USD
CY2015Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
351000 USD
CY2016Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4000 USD
CY2015Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
300000 USD
CY2016Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
738000 USD
CY2015Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
19976000 USD
CY2016Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
19000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
126000 USD
CY2015Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
122000 USD
CY2016Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2015Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
300000 USD
CY2016Q1 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
300000 USD
CY2015Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2016Q1 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2016Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
20000 shares
CY2016Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
20000 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
20000000 USD
CY2016Q1 us-gaap Preferred Stock Value
PreferredStockValue
20000000 USD
CY2015Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
1050000 USD
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
1380000 USD
CY2015Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
20455000 USD
CY2016Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
5000000 USD
CY2015Q1 us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
-920000 USD
CY2016Q1 us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
-225000 USD
CY2015Q1 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
5602000 USD
CY2016Q1 us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
13409000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
751000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
76000 USD
CY2015Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
387000 USD
CY2016Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2015Q1 us-gaap Professional Fees
ProfessionalFees
509000 USD
CY2016Q1 us-gaap Professional Fees
ProfessionalFees
457000 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
2606000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
2988000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4591000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4639000 USD
CY2015Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
840000 USD
CY2016Q1 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
700000 USD
CY2015Q4 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
4789000 USD
CY2016Q1 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
5014000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
40582000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
42387000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
11000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
112040000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
114227000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
112207000 USD
CY2016Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
114774000 USD
CY2015Q4 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
CY2016Q1 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
CY2015Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
2263000 USD
CY2016Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
511000 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
280354 shares
CY2016Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
280648 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3011000 USD
CY2016Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2016Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
4000 USD
CY2015Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1928892 shares
CY2016Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1905931 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7939684 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8126909 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6010792 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6220978 shares
CY2016Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates:</font><font style="font-family:inherit;font-size:10pt;"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the allowance for loan losses, other than temporary impairment losses on investment securities, the valuation of deferred income taxes, servicing assets and carrying value of OREO.</font></div></div>

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