2017 Q2 Form 10-Q Financial Statement

#000131539917000006 Filed on August 14, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $11.77M $10.47M
YoY Change 12.41% 5.42%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $70.00K $70.00K
YoY Change 0.0% -12.5%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.967M $1.714M
YoY Change 14.76% 16.28%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $5.833M $13.87M
YoY Change -57.95% 222.25%
Income Tax $2.151M $5.154M
% Of Pretax Income 36.88% 37.15%
Net Earnings $3.699M $8.648M
YoY Change -57.23% 242.77%
Net Earnings / Revenue 31.43% 82.59%
Basic Earnings Per Share $0.41 $1.11
Diluted Earnings Per Share $0.34 $0.88
COMMON SHARES
Basic Shares Outstanding 8.335M shares 7.495M shares
Diluted Shares Outstanding 10.91M shares 9.808M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.60M $94.98M
YoY Change -33.04% -2.06%
Cash & Equivalents $19.50M $52.63M
Short-Term Investments $44.10M $42.34M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $6.899M $4.829M
YoY Change 42.87% 6.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.60M $10.60M
YoY Change 0.0% -1.85%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.043B $924.5M
YoY Change 12.81% 6.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $600.0K $600.0K
YoY Change 0.0% 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 $600.0K $600.0K
YoY Change 0.0% 20.0%
LONG-TERM LIABILITIES
Long-Term Debt $13.40M $13.40M
YoY Change 0.0% 0.0%
Other Long-Term Liabilities $6.500M $5.900M
YoY Change 10.17% 11.32%
Total Long-Term Liabilities $19.90M $19.30M
YoY Change 3.11% 3.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $600.0K $600.0K
Total Long-Term Liabilities $19.90M $19.30M
Total Liabilities $910.7M $802.3M
YoY Change 13.51% 5.33%
SHAREHOLDERS EQUITY
Retained Earnings $52.45M $42.06M
YoY Change 24.69% 15.63%
Common Stock $717.0K $713.0K
YoY Change 0.56% 12.46%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.015M $3.015M
YoY Change 0.0% 19.12%
Treasury Stock Shares 284.5K shares 284.5K shares
Shareholders Equity $132.3M $122.2M
YoY Change
Total Liabilities & Shareholders Equity $1.043B $924.5M
YoY Change 12.81% 6.42%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $3.699M $8.648M
YoY Change -57.23% 242.77%
Depreciation, Depletion And Amortization $70.00K $70.00K
YoY Change 0.0% -12.5%
Cash From Operating Activities $1.220M $6.930M
YoY Change -82.4% 44.68%
INVESTING ACTIVITIES
Capital Expenditures -$1.800M -$260.0K
YoY Change 592.31% 52.94%
Acquisitions
YoY Change
Other Investing Activities -$42.15M $30.62M
YoY Change -237.66% -465.39%
Cash From Investing Activities -$43.95M $30.36M
YoY Change -244.76% -454.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 22.51M -11.59M
YoY Change -294.22% -186.75%
NET CHANGE
Cash From Operating Activities 1.220M 6.930M
Cash From Investing Activities -43.95M 30.36M
Cash From Financing Activities 22.51M -11.59M
Net Change In Cash -20.22M 25.70M
YoY Change -178.68% 167.99%
FREE CASH FLOW
Cash From Operating Activities $1.220M $6.930M
Capital Expenditures -$1.800M -$260.0K
Free Cash Flow $3.020M $7.190M
YoY Change -58.0% 44.96%

Facts In Submission

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99000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
187000 USD
CY2016Q2 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
159000 USD
us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
506000 USD
CY2017Q2 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
175000 USD
us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
241000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14329000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
14524000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1251000 USD
CY2017Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2035000 USD
CY2016Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
815548000 USD
CY2017Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
895874000 USD
CY2016Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
36405000 USD
CY2017Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
32716000 USD
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0 loan
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 loan
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0 loan
CY2016Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
839341000 USD
CY2017Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
916649000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
12612000 USD
CY2017Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
11941000 USD
us-gaap Gain Loss On Sale Of Other Loans And Leases
GainLossOnSaleOfOtherLoansAndLeases
1803000 USD
us-gaap Gain Loss On Sale Of Other Loans And Leases
GainLossOnSaleOfOtherLoansAndLeases
84000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
7611000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
CY2016Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
372000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1803000 USD
CY2017Q2 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
84000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
84000 USD
CY2016Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-75000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1042000 USD
CY2017Q2 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-389000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-395000 USD
CY2016Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2224000 USD
CY2017Q2 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
2246000 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
2462000 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
2246000 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
0 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
0 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2017Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2411000 USD
CY2017Q2 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
2462000 USD
CY2016Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
45253000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
46318000 USD
CY2017Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
36137000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
35358000 USD
CY2016Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
330000 USD
CY2017Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
269000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
36405000 USD
CY2017Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
32716000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1251000 USD
CY2017Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2035000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
43541000 USD
CY2017Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
38589000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
7475000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
5805000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
7818000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
6109000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
28930000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
26911000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
35723000 USD
CY2017Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
32480000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
13873000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
18409000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5833000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
11296000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5154000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6700000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2151000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4155000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
4321000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
5654000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-334000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-179000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-3518000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
2794000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-3181000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-254000 USD
CY2016Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
131000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
263000 USD
CY2017Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
186000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
368000 USD
CY2016Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10471000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20812000 USD
CY2017Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11770000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
22866000 USD
CY2016Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10100000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
20062000 USD
CY2017Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
11356000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
22006000 USD
CY2016Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
696159000 USD
CY2017Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
710172000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
1714000 USD
us-gaap Interest Expense
InterestExpense
3303000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
1967000 USD
us-gaap Interest Expense
InterestExpense
3807000 USD
CY2016Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
339000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
673000 USD
CY2017Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
420000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
795000 USD
CY2016Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1375000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
2630000 USD
CY2017Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1547000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
3012000 USD
CY2016Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
9395000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17447000 USD
CY2017Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
8803000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
17559000 USD
CY2016Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8757000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
17509000 USD
CY2017Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
9803000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19059000 USD
us-gaap Interest Paid Net
InterestPaidNet
3201000 USD
us-gaap Interest Paid Net
InterestPaidNet
3835000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
655000 USD
CY2017Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
627000 USD
CY2016Q4 us-gaap Interest Receivable
InterestReceivable
3117000 USD
CY2017Q2 us-gaap Interest Receivable
InterestReceivable
3326000 USD
CY2016Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1781000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3865000 USD
CY2017Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1692000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
3593000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
889095000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
910675000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1016185000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1042907000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16136000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16819000 USD
CY2016Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
14165000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
15580000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
15475000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16559000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
851953000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
928590000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
836373000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
912031000 USD
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
0 USD
CY2017Q2 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1882000 USD
CY2016Q4 us-gaap Marketable Securities
MarketableSecurities
47078000 USD
CY2017Q2 us-gaap Marketable Securities
MarketableSecurities
44097000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
-44000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4139000 USD
CY2017Q2 us-gaap Minority Interest
MinorityInterest
-115000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
53000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
30448000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
20091000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-13143000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-75450000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
7899000 USD
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
53057000 USD
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
14013000 USD
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
-5472000 USD
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
-12179000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
8648000 USD
us-gaap Net Income Loss
NetIncomeLoss
11257000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
3699000 USD
us-gaap Net Income Loss
NetIncomeLoss
7159000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
71000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
452000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-17000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-18000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8348000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10657000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3402000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6563000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
8348000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10657000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3402000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6563000 USD
CY2016Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
92535000 USD
CY2017Q2 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
80356000 USD
CY2016Q2 us-gaap Noninterest Expense
NoninterestExpense
3992000 USD
us-gaap Noninterest Expense
NoninterestExpense
8681000 USD
CY2017Q2 us-gaap Noninterest Expense
NoninterestExpense
3561000 USD
us-gaap Noninterest Expense
NoninterestExpense
7250000 USD
CY2016Q2 us-gaap Noninterest Income
NoninterestIncome
8470000 USD
us-gaap Noninterest Income
NoninterestIncome
9643000 USD
CY2017Q2 us-gaap Noninterest Income
NoninterestIncome
591000 USD
us-gaap Noninterest Income
NoninterestIncome
987000 USD
CY2016Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
152000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
263000 USD
CY2017Q2 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
459000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
547000 USD
CY2016Q2 us-gaap Occupancy Net
OccupancyNet
311000 USD
us-gaap Occupancy Net
OccupancyNet
643000 USD
CY2017Q2 us-gaap Occupancy Net
OccupancyNet
326000 USD
us-gaap Occupancy Net
OccupancyNet
669000 USD
us-gaap Operations Commenced Date1
OperationsCommencedDate1
1999-01-28
CY2016Q4 us-gaap Other Assets
OtherAssets
3224000 USD
CY2017Q2 us-gaap Other Assets
OtherAssets
5324000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
127000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
502000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
91000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
138000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
85000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
333000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
61000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
91000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
203000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
826000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
144000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
211000 USD
CY2016Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
316000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
672000 USD
CY2017Q2 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
351000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
725000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
6693000 USD
CY2017Q2 us-gaap Other Liabilities
OtherLiabilities
6467000 USD
CY2016Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
956000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2138000 USD
CY2017Q2 us-gaap Other Noninterest Expense
OtherNoninterestExpense
758000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
1428000 USD
CY2016Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
10528000 USD
CY2017Q2 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
8722000 USD
CY2017Q2 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
171000 USD
CY2016Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-9000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-9000 USD
CY2017Q2 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-8000 USD
us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-18000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
0 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
2546000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
37000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
168000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
70246000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
77217000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
4000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1539000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1973000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
392000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1846000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
624000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
53000 USD
CY2016Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
300000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
600000 USD
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
20000 shares
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
19828 shares
CY2017Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
297000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
596000 USD
CY2016Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1000
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
20000000 USD
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
19828000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
3205000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
3178000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-15000000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
20000000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
581000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
-1035000 USD
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
18039000 USD
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
748000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
50348000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
3398000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1668000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
247000 USD
CY2016Q2 us-gaap Professional Fees
ProfessionalFees
369000 USD
us-gaap Professional Fees
ProfessionalFees
825000 USD
CY2017Q2 us-gaap Professional Fees
ProfessionalFees
382000 USD
us-gaap Professional Fees
ProfessionalFees
747000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
8719000 USD
us-gaap Profit Loss
ProfitLoss
11709000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
3682000 USD
us-gaap Profit Loss
ProfitLoss
7141000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5197000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6899000 USD
CY2016Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-638000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
62000 USD
CY2017Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1000000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1500000 USD
CY2016Q4 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
4658000 USD
CY2017Q2 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
5693000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
47483000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
52447000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
30000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
36000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-157000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
232000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
127134000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
132347000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
127090000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
132232000 USD
CY2016Q4 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
CY2017Q2 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
589000 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
59000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
284522 shares
CY2017Q2 us-gaap Treasury Stock Shares
TreasuryStockShares
284522 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2017Q2 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2312409 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2307385 shares
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2343806 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2339883 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9807643 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9787589 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9921116 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9910877 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7495234 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7480204 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7577310 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7570994 shares
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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