2018 Q4 Form 10-Q Financial Statement

#000131539918000013 Filed on November 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q1
Revenue $16.02M $13.51M
YoY Change 24.75% 21.73%
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 $100.0K $90.00K $91.00K
YoY Change 11.11% 0.0% 31.88%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $3.737M $2.484M
YoY Change 74.06% 34.93%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $8.940M $8.833M $7.595M
YoY Change 41.01% 33.98% 39.05%
Income Tax $2.000M $2.615M $1.835M
% Of Pretax Income 22.37% 29.6% 24.16%
Net Earnings $6.830M $6.126M $5.760M
YoY Change 1141.82% 47.22% 66.52%
Net Earnings / Revenue 38.25% 42.64%
Basic Earnings Per Share $0.60 $0.63
Diluted Earnings Per Share $569.2K $0.56 $0.53
COMMON SHARES
Basic Shares Outstanding 10.40M shares 10.17M shares 8.822M shares
Diluted Shares Outstanding 10.92M shares 10.91M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $186.9M $120.4M $83.68M
YoY Change 126.85% 23.0% -1.86%
Cash & Equivalents $154.5M $86.74M $46.71M
Short-Term Investments $32.39M $33.68M $36.98M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $6.783M $6.874M $7.008M
YoY Change -3.44% -2.61% 35.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $6.500M $6.500M $6.600M
YoY Change 1.56% -36.27% -36.54%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.467B $1.342B $1.167B
YoY Change 29.01% 22.06% 14.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.400M $1.200M $700.0K
YoY Change 100.0% 50.0% 16.67%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.400M $1.200M $700.0K
YoY Change 100.0% 50.0% 16.67%
LONG-TERM LIABILITIES
Long-Term Debt $13.40M $13.40M $13.40M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities $9.100M $8.300M $7.100M
YoY Change 21.33% 22.06% 18.33%
Total Long-Term Liabilities $22.50M $21.70M $20.50M
YoY Change 7.66% 7.43% 5.67%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.400M $1.200M $700.0K
Total Long-Term Liabilities $22.50M $21.70M $20.50M
Total Liabilities $1.312B $1.193B $1.028B
YoY Change 30.89% 23.71% 15.95%
SHAREHOLDERS EQUITY
Retained Earnings $42.08M $36.76M $43.74M
YoY Change 7.39% -33.64% -12.44%
Common Stock $1.095M $1.068M $831.0K
YoY Change 31.93% 46.91% 16.06%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.015M $3.015M $3.015M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 284.5K shares 284.5K shares 284.5K shares
Shareholders Equity $153.6M $147.9M $138.9M
YoY Change
Total Liabilities & Shareholders Equity $1.467B $1.342B $1.167B
YoY Change 29.01% 22.06% 14.82%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q1
OPERATING ACTIVITIES
Net Income $6.830M $6.126M $5.760M
YoY Change 1141.82% 47.22% 66.52%
Depreciation, Depletion And Amortization $100.0K $90.00K $91.00K
YoY Change 11.11% 0.0% 31.88%
Cash From Operating Activities $10.05M $6.580M $6.597M
YoY Change 33.47% -9.74% 123.25%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K -$10.00K $74.00K
YoY Change -83.33% -95.83% 54.17%
Acquisitions
YoY Change
Other Investing Activities -$59.47M -$75.86M -$26.60M
YoY Change 5.39% 218.61% -15.42%
Cash From Investing Activities -$59.48M -$75.86M -$26.67M
YoY Change 5.29% 215.43% -15.32%
FINANCING ACTIVITIES
Cash Dividend Paid $1.201M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 117.2M 45.81M $24.67M
YoY Change 228.48% -12.99% -1108.46%
NET CHANGE
Cash From Operating Activities 10.05M 6.580M $6.597M
Cash From Investing Activities -59.48M -75.86M -$26.67M
Cash From Financing Activities 117.2M 45.81M $24.67M
Net Change In Cash 67.74M -23.47M $4.592M
YoY Change -609.71% -165.39% -114.82%
FREE CASH FLOW
Cash From Operating Activities $10.05M $6.580M $6.597M
Capital Expenditures -$10.00K -$10.00K $74.00K
Free Cash Flow $10.06M $6.590M $6.523M
YoY Change 32.54% -12.48% 124.39%

Facts In Submission

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418000 USD
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77000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
218000 USD
CY2018Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
122000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
291000 USD
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114650000 USD
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104650000 USD
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107000 USD
us-gaap Fees And Commissions Mortgage Banking And Servicing
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294000 USD
CY2018Q3 us-gaap Fees And Commissions Mortgage Banking And Servicing
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420000 USD
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826000 USD
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15439000 USD
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
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17576000 USD
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402000 USD
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
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342000 USD
CY2017Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
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926422000 USD
CY2018Q3 us-gaap Financing Receivable Collectively Evaluated For Impairment
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1156815000 USD
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26924000 USD
CY2018Q3 us-gaap Financing Receivable Individually Evaluated For Impairment
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23034000 USD
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0 loan
us-gaap Financing Receivable Modifications Number Of Contracts2
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0 loan
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21200000 USD
CY2018Q3 us-gaap Financing Receivable Modifications Recorded Investment
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20200000 USD
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0 loan
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0 USD
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0 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Current
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1006739000 USD
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435000 USD
us-gaap Gain Loss On Sale Of Other Loans And Leases
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227000 USD
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351000 USD
us-gaap Gain Loss On Sales Of Loans Net
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435000 USD
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13000 USD
us-gaap Gain Loss On Sales Of Loans Net
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227000 USD
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150000 USD
us-gaap Gains Losses On Sales Of Other Real Estate
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-359000 USD
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1253000 USD
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0 USD
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0 USD
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0 USD
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0 USD
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0 USD
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0 USD
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2468000 USD
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1253000 USD
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31075000 USD
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23290000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
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24210000 USD
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273000 USD
CY2018Q3 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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254000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
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771000 USD
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342000 USD
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31953000 USD
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1707000 USD
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1707000 USD
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23209000 USD
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25852000 USD
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6593000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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17889000 USD
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8833000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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24478000 USD
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us-gaap Income Tax Expense Benefit
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6590000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
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2615000 USD
us-gaap Income Tax Expense Benefit
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6373000 USD
us-gaap Income Taxes Paid
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5654000 USD
us-gaap Income Taxes Paid
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5754000 USD
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-576000 USD
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0 USD
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2471000 USD
us-gaap Increase Decrease In Operating Assets
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1056000 USD
us-gaap Increase Decrease In Operating Liabilities
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219000 USD
us-gaap Increase Decrease In Operating Liabilities
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989000 USD
CY2017Q3 us-gaap Information Technology And Data Processing
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164000 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
532000 USD
CY2018Q3 us-gaap Information Technology And Data Processing
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213000 USD
us-gaap Information Technology And Data Processing
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604000 USD
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us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
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us-gaap Interest And Fee Income Loans And Leases
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5955000 USD
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480000 USD
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1882000 USD
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1667000 USD
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3051000 USD
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7624000 USD
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us-gaap Interest Income Expense After Provision For Loan Loss
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27747000 USD
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us-gaap Interest Income Expense After Provision For Loan Loss
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33692000 USD
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us-gaap Interest Income Expense Net
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29747000 USD
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us-gaap Interest Income Expense Net
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34892000 USD
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221000 USD
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
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463000 USD
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InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
277000 USD
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
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5955000 USD
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1200000000 USD
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18850000 USD
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7590000 USD
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us-gaap Net Income Loss
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CY2018Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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3864000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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17568000 USD
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us-gaap Net Income Loss Available To Common Stockholders Diluted
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17568000 USD
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1003000 USD
CY2018Q3 us-gaap Noninterest Income
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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206000 USD
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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138000 USD
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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111000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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322000 USD
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OtherInterestAndDividendIncome
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CY2018Q3 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
333000 USD
us-gaap Other Interest And Dividend Income
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1014000 USD
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us-gaap Other Noninterest Expense
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2189000 USD
CY2018Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
703000 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
2159000 USD
CY2017Q4 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
7248000 USD
CY2018Q3 us-gaap Other Real Estate And Foreclosed Assets
OtherRealEstateAndForeclosedAssets
5014000 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
CY2018Q3 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
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
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
103263000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
169004000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3178000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3906000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2090000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
131000 USD
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
297000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
893000 USD
CY2018Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
22000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
429000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2018Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
15971 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3417 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
15971000 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
3417000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
4873000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Mortgage Backed Securities Mbs
ProceedsFromMaturitiesPrepaymentsAndCallsOfMortgageBackedSecuritiesMBS
4275000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-53000 USD
us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
1225000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
20000000 USD
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
-10000000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
-839000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
314000 USD
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
4274000 USD
us-gaap Proceeds From Sale And Collection Of Loans Heldforsale
ProceedsFromSaleAndCollectionOfLoansHeldforsale
3130000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1205000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
1820000 USD
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
2932000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1080000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
43000 USD
CY2017Q3 us-gaap Professional Fees
ProfessionalFees
405000 USD
us-gaap Professional Fees
ProfessionalFees
1151000 USD
CY2018Q3 us-gaap Professional Fees
ProfessionalFees
258000 USD
us-gaap Professional Fees
ProfessionalFees
1050000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
4158000 USD
us-gaap Profit Loss
ProfitLoss
11299000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
6218000 USD
us-gaap Profit Loss
ProfitLoss
18105000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7025000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
6874000 USD
CY2017Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
500000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
2000000 USD
CY2018Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
600000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1200000 USD
CY2017Q4 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
6172000 USD
CY2018Q3 us-gaap Restricted Investments Noncurrent
RestrictedInvestmentsNoncurrent
5858000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
39184000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
36764000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
54000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
67000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
-917000 USD
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
992000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
43000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
134780000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
147872000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
127090000 USD
CY2018Q2 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.1
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
149200000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
135271000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
134800000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
134780000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
149205000 USD
CY2017Q4 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
CY2018Q3 us-gaap Subordinated Debt
SubordinatedDebt
13403000 USD
CY2017Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
51100000 USD
CY2018Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
54200000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
131000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1057000 USD
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
284522 shares
CY2018Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
284522 shares
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2018Q3 us-gaap Treasury Stock Value
TreasuryStockValue
3015000 USD
CY2017Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2471492 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2469972 shares
CY2018Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
751034 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1562811 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10889186 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10828260 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10920025 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10912879 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8417694 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8358288 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10168991 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9350068 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, and the carrying value of other real estate owned ("OREO").</font></div></div>

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