2017 Q4 Form 10-Q Financial Statement

#000131539917000008 Filed on November 13, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $12.84M $10.37M
YoY Change 23.79% 4.57%
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 $90.00K $90.00K $30.00K
YoY Change 0.0% 200.0% -62.5%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.147M $1.697M
YoY Change 26.52% 13.06%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $6.340M $6.593M $3.927M
YoY Change 19.62% 67.89% -15.69%
Income Tax $2.600M $2.435M $51.00K
% Of Pretax Income 41.01% 36.93% 1.3%
Net Earnings $550.0K $4.161M $3.876M
YoY Change -83.73% 7.35% 59.51%
Net Earnings / Revenue 32.41% 37.37%
Basic Earnings Per Share $0.46 $0.48
Diluted Earnings Per Share $58.02K $0.38 $0.39
COMMON SHARES
Basic Shares Outstanding 7.672M shares 8.418M shares 7.527M shares
Diluted Shares Outstanding 10.89M shares 9.849M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.37M $97.90M $92.24M
YoY Change -30.07% 6.13% 33.2%
Cash & Equivalents $42.11M $55.40M $52.15M
Short-Term Investments $40.26M $42.50M $40.09M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $7.025M $7.058M $5.035M
YoY Change 35.17% 40.18% 12.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.400M $10.20M $10.60M
YoY Change -40.19% -3.77% 0.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.137B $1.099B $954.6M
YoY Change 11.93% 15.17% 10.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $700.0K $800.0K $600.0K
YoY Change 0.0% 33.33% 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 $700.0K $800.0K $600.0K
YoY Change 0.0% 33.33% 20.0%
LONG-TERM LIABILITIES
Long-Term Debt $13.40M $13.40M $13.40M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities $7.500M $6.800M $5.900M
YoY Change 11.94% 15.25% -1.67%
Total Long-Term Liabilities $20.90M $20.20M $19.30M
YoY Change 3.98% 4.66% -0.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $700.0K $800.0K $600.0K
Total Long-Term Liabilities $20.90M $20.20M $19.30M
Total Liabilities $1.003B $964.2M $829.4M
YoY Change 12.77% 16.25% 9.83%
SHAREHOLDERS EQUITY
Retained Earnings $39.18M $55.40M $45.09M
YoY Change -17.48% 22.87% 18.42%
Common Stock $830.0K $727.0K $713.0K
YoY Change 16.08% 1.96% 11.06%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.015M $3.015M $3.015M
YoY Change 0.0% 0.0% 4.22%
Treasury Stock Shares 284.5K shares 284.5K shares 284.5K shares
Shareholders Equity $134.8M $135.4M $125.2M
YoY Change
Total Liabilities & Shareholders Equity $1.137B $1.099B $954.6M
YoY Change 11.93% 15.17% 10.4%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $550.0K $4.161M $3.876M
YoY Change -83.73% 7.35% 59.51%
Depreciation, Depletion And Amortization $90.00K $90.00K $30.00K
YoY Change 0.0% 200.0% -62.5%
Cash From Operating Activities $7.530M $7.290M $3.820M
YoY Change 676.29% 90.84% 63.25%
INVESTING ACTIVITIES
Capital Expenditures -$60.00K -$240.0K -$240.0K
YoY Change -76.0% 0.0% 500.0%
Acquisitions
YoY Change
Other Investing Activities -$56.43M -$23.81M -$30.36M
YoY Change 40.02% -21.57% 42.67%
Cash From Investing Activities -$56.49M -$24.05M -$30.59M
YoY Change 39.28% -21.38% 43.62%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 35.67M 52.65M 26.28M
YoY Change -38.67% 100.34% -434.78%
NET CHANGE
Cash From Operating Activities 7.530M 7.290M 3.820M
Cash From Investing Activities -56.49M -24.05M -30.59M
Cash From Financing Activities 35.67M 52.65M 26.28M
Net Change In Cash -13.29M 35.89M -490.0K
YoY Change -171.57% -7424.49% -98.17%
FREE CASH FLOW
Cash From Operating Activities $7.530M $7.290M $3.820M
Capital Expenditures -$60.00K -$240.0K -$240.0K
Free Cash Flow $7.590M $7.530M $4.060M
YoY Change 522.13% 85.47% 70.59%

Facts In Submission

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437000 USD
CY2017Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
418000 USD
CY2016Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
148000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
497000 USD
CY2017Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
77000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
218000 USD
CY2016Q4 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
79650000 USD
CY2017Q3 us-gaap Federal Home Loan Bank Advances Long Term
FederalHomeLoanBankAdvancesLongTerm
99650000 USD
CY2016Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
87000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
231000 USD
CY2017Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
107000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
294000 USD
CY2016Q3 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
70000 USD
us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
576000 USD
CY2017Q3 us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
221000 USD
us-gaap Fees And Commissions Mortgage Banking
FeesAndCommissionsMortgageBanking
463000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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14329000 USD
CY2017Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
15439000 USD
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
1251000 USD
CY2017Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
402000 USD
CY2016Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
815548000 USD
CY2017Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
926422000 USD
CY2016Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
36405000 USD
CY2017Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
26924000 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
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839341000 USD
CY2017Q3 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
946983000 USD
CY2016Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
12612000 USD
CY2017Q3 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
6363000 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
435000 USD
us-gaap Gain Loss On Sale Of Securities Net
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7611000 USD
us-gaap Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
0 USD
CY2016Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
0 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
1803000 USD
CY2017Q3 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
351000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
435000 USD
CY2016Q3 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-718000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
-1760000 USD
CY2017Q3 us-gaap Gains Losses On Sales Of Other Real Estate
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-958000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
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-1352000 USD
CY2016Q4 us-gaap Held To Maturity Securities
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2224000 USD
CY2017Q3 us-gaap Held To Maturity Securities
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2257000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
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2462000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
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2257000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
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0 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2017Q3 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
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2411000 USD
CY2017Q3 us-gaap Held To Maturity Securities Fair Value
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2462000 USD
CY2016Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
37691000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
38369000 USD
CY2017Q3 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
33556000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
31075000 USD
CY2016Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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324000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
36405000 USD
CY2017Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
26924000 USD
CY2017Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
273000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
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826000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1251000 USD
CY2017Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
402000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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43541000 USD
CY2017Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
33421000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
7475000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
5622000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
7818000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
11993000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
28930000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
21302000 USD
CY2016Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
35723000 USD
CY2017Q3 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
21428000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
3927000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
22336000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
6593000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17889000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
51000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6751000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2435000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6590000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
6047000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
5654000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-322000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-576000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
-2214000 USD
us-gaap Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
2471000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-3182000 USD
us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
219000 USD
CY2016Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
236000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
499000 USD
CY2017Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
164000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
532000 USD
CY2016Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
10371000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
31184000 USD
CY2017Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
12838000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
35702000 USD
CY2016Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10012000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
30074000 USD
CY2017Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
12404000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
34409000 USD
CY2016Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
696159000 USD
CY2017Q3 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
743426000 USD
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InterestExpense
1697000 USD
us-gaap Interest Expense
InterestExpense
5002000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
2147000 USD
us-gaap Interest Expense
InterestExpense
5955000 USD
CY2016Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1370000 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
4001000 USD
CY2017Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1667000 USD
CY2017Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
480000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1276000 USD
CY2016Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
327000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
321000 USD
CY2016Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
7974000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
25420000 USD
CY2017Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
10191000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
27747000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
8674000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
26182000 USD
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10691000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
29747000 USD
us-gaap Interest Paid Net
InterestPaidNet
4916000 USD
us-gaap Interest Paid Net
InterestPaidNet
5841000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
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655000 USD
CY2017Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
769000 USD
CY2016Q4 us-gaap Interest Receivable
InterestReceivable
3117000 USD
CY2017Q3 us-gaap Interest Receivable
InterestReceivable
3636000 USD
CY2016Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1687000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
5552000 USD
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1677000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
5270000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
889095000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
964171000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1016185000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1099442000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16136000 USD
CY2016Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
14165000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
14874000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
15580000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16559000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
15841000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
851953000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
953346000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
836373000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
937505000 USD
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
0 USD
CY2017Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
1350000 USD
CY2016Q4 us-gaap Marketable Securities
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47078000 USD
CY2017Q3 us-gaap Marketable Securities
MarketableSecurities
42498000 USD
CY2016Q4 us-gaap Minority Interest
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-44000 USD
CY2017Q3 us-gaap Minority Interest
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us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
53000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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56700000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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72760000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-43733000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-99499000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11751000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
11416000 USD
us-gaap Net Change Interest Bearing Deposits Domestic
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47757000 USD
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
47267000 USD
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
26909000 USD
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
7590000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
3876000 USD
us-gaap Net Income Loss
NetIncomeLoss
15133000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
4161000 USD
us-gaap Net Income Loss
NetIncomeLoss
11320000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
452000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-21000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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3576000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14233000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3864000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10427000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3576000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
14233000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3864000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
10427000 USD
CY2016Q4 us-gaap Noninterest Bearing Deposit Liabilities
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92535000 USD
CY2017Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
100125000 USD
CY2016Q3 us-gaap Noninterest Expense
NoninterestExpense
4177000 USD
us-gaap Noninterest Expense
NoninterestExpense
12858000 USD
CY2017Q3 us-gaap Noninterest Expense
NoninterestExpense
3612000 USD
us-gaap Noninterest Expense
NoninterestExpense
10861000 USD
CY2016Q3 us-gaap Noninterest Income
NoninterestIncome
130000 USD
us-gaap Noninterest Income
NoninterestIncome
9774000 USD
CY2017Q3 us-gaap Noninterest Income
NoninterestIncome
14000 USD
us-gaap Noninterest Income
NoninterestIncome
1003000 USD
CY2016Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
507000 USD
us-gaap Noninterest Income Other Operating Income
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771000 USD
CY2017Q3 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
128000 USD
us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
674000 USD
CY2016Q3 us-gaap Occupancy Net
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315000 USD
us-gaap Occupancy Net
OccupancyNet
958000 USD
CY2017Q3 us-gaap Occupancy Net
OccupancyNet
376000 USD
us-gaap Occupancy Net
OccupancyNet
1045000 USD
us-gaap Operations Commenced Date1
OperationsCommencedDate1
1999-01-28
CY2016Q4 us-gaap Other Assets
OtherAssets
3224000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
3812000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-20000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
483000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
69000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
206000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
-12000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
46000 USD
us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
OtherComprehensiveIncomeLossTaxPortionAttributableToParent1
138000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-47000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
780000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
111000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
322000 USD
CY2016Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
293000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
966000 USD
CY2017Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
349000 USD
us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
1073000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
6693000 USD
CY2017Q3 us-gaap Other Liabilities
OtherLiabilities
6798000 USD
CY2016Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1156000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3292000 USD
CY2017Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
761000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2189000 USD
CY2016Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
10528000 USD
CY2017Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
7487000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
171000 USD
CY2016Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-15000 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
-24000 USD
CY2017Q3 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParentAvailableforsaleSecurities
-4000 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
-22000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
-47000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
169000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
104452000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
103263000 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
2386000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3178000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
625000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2090000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
624000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
53000 USD
CY2016Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
300000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
900000 USD
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
297000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
893000 USD
CY2016Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1000
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
20000 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
18995 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
20000000 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
18995000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
5392000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
4873000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-15000000 USD
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
18039000 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
-839000 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
4945000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1989000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1080000 USD
CY2016Q3 us-gaap Professional Fees
ProfessionalFees
386000 USD
us-gaap Professional Fees
ProfessionalFees
1212000 USD
CY2017Q3 us-gaap Professional Fees
ProfessionalFees
405000 USD
us-gaap Professional Fees
ProfessionalFees
1151000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
3876000 USD
us-gaap Profit Loss
ProfitLoss
15585000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
4158000 USD
us-gaap Profit Loss
ProfitLoss
11299000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5197000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7058000 USD
CY2016Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
700000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
762000 USD
CY2017Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
500000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2000000 USD
CY2016Q4 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
4658000 USD
CY2017Q3 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
5497000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
47483000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
55403000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
48000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
54000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-917000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
992000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
127134000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
135389000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
127090000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
135271000 USD
CY2016Q4 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
CY2017Q3 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
789000 USD
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
131000 USD
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
284522 shares
CY2017Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
284522 shares
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2017Q3 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2321667 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9849032 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9807866 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2311827 shares
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2246811 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2245429 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9899260 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9843873 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7527365 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7496039 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7652449 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7598444 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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