2013 Q2 Form 10-Q Financial Statement

#000110465913062091 Filed on August 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2
Revenue $10.02M $9.280M
YoY Change 7.95%
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 $260.0K $190.0K
YoY Change 36.84% 11.76%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $1.264M $1.582M
YoY Change -20.1% -19.53%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $4.749M $4.036M
YoY Change 17.67% 21.02%
Income Tax $1.090M $638.0K
% Of Pretax Income 22.95% 15.81%
Net Earnings $3.660M $3.400M
YoY Change 7.65% 14.86%
Net Earnings / Revenue 36.53% 36.64%
Basic Earnings Per Share $0.88 $0.89
Diluted Earnings Per Share $0.88 $0.89
COMMON SHARES
Basic Shares Outstanding 4.151M shares 3.838M shares
Diluted Shares Outstanding 4.151M shares 3.838M shares

Balance Sheet

Concept 2013 Q2 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $28.44M $16.07M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $17.10M $8.200M
YoY Change 108.55% 9.33%
Goodwill $17.10M
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.600M $3.200M
YoY Change -18.75% -17.95%
Other Assets $9.900M $6.000M
YoY Change 65.0% -37.5%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.207B $818.4M
YoY Change 47.48% 9.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.0K $500.0K
YoY Change -20.0% -28.57%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $39.00M $17.90M
YoY Change 117.88% 5.29%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $400.0K $500.0K
YoY Change -20.0% -28.57%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $15.50M $9.500M
YoY Change 63.16% -19.49%
Total Long-Term Liabilities $15.50M $9.500M
YoY Change 63.16% -19.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $400.0K $500.0K
Total Long-Term Liabilities $15.50M $9.500M
Total Liabilities $1.081B $730.3M
YoY Change 48.03% 8.82%
SHAREHOLDERS EQUITY
Retained Earnings $45.34M
YoY Change
Common Stock $41.66M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $6.310M
YoY Change
Treasury Stock Shares 180.6K shares
Shareholders Equity $125.9M $88.11M
YoY Change
Total Liabilities & Shareholders Equity $1.207B $818.4M
YoY Change 47.48% 9.85%

Cashflow Statement

Concept 2013 Q2 2012 Q2
OPERATING ACTIVITIES
Net Income $3.660M $3.400M
YoY Change 7.65% 14.86%
Depreciation, Depletion And Amortization $260.0K $190.0K
YoY Change 36.84% 11.76%
Cash From Operating Activities $1.050M $1.980M
YoY Change -46.97% 21.47%
INVESTING ACTIVITIES
Capital Expenditures -$190.0K -$130.0K
YoY Change 46.15% 85.71%
Acquisitions
YoY Change
Other Investing Activities -$20.46M -$30.12M
YoY Change -32.07% 30.16%
Cash From Investing Activities -$20.64M -$30.26M
YoY Change -31.79% 30.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 34.96M 20.92M
YoY Change 67.11% -48.65%
NET CHANGE
Cash From Operating Activities 1.050M 1.980M
Cash From Investing Activities -20.64M -30.26M
Cash From Financing Activities 34.96M 20.92M
Net Change In Cash 15.37M -7.360M
YoY Change -308.83% -138.41%
FREE CASH FLOW
Cash From Operating Activities $1.050M $1.980M
Capital Expenditures -$190.0K -$130.0K
Free Cash Flow $1.240M $2.110M
YoY Change -41.23% 24.12%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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EarningsPerShareBasic
0.88
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.89
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.89
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.84
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.85
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4151035 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3837579 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3995716 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3837391 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4151035 shares
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3837579 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3995716 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3837391 shares
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.47
CY2012Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.47
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.19
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.94
CY2013Q2 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss
-11196000 USD
CY2012Q2 us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss
2028000 USD
us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss
-12707000 USD
CY2012Q2 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
690000 USD
us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
-4321000 USD
us-gaap Available For Sale Securities Change In Net Unrealized Holding Gain Loss
AvailableForSaleSecuritiesChangeInNetUnrealizedHoldingGainLoss
7038000 USD
CY2013Q2 us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
-3807000 USD
us-gaap Available For Sale Securities Income Tax Expense On Change In Unrealized Holding Gain Or Loss
AvailableForSaleSecuritiesIncomeTaxExpenseOnChangeInUnrealizedHoldingGainOrLoss
2393000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax
-1274000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax
-170000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax
-2260000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment For Sale Of Securities Included In Net Income Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax
-759000 USD
CY2013Q2 pwod Income Tax Expense On Net Realized Gain Loss Included In Net Income
IncomeTaxExpenseOnNetRealizedGainLossIncludedInNetIncome
-433000 USD
CY2012Q2 pwod Income Tax Expense On Net Realized Gain Loss Included In Net Income
IncomeTaxExpenseOnNetRealizedGainLossIncludedInNetIncome
-58000 USD
pwod Income Tax Expense On Net Realized Gain Loss Included In Net Income
IncomeTaxExpenseOnNetRealizedGainLossIncludedInNetIncome
-768000 USD
pwod Income Tax Expense On Net Realized Gain Loss Included In Net Income
IncomeTaxExpenseOnNetRealizedGainLossIncludedInNetIncome
-258000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-8230000 USD
CY2012Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1226000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-9878000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
4144000 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4571000 USD
CY2012Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4624000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2535000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
11231000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
80460000 USD
CY2012Q2 us-gaap Stockholders Equity
StockholdersEquity
88111000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3607000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
27000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5030000 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
31000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
415000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
380000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
117000 USD
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
605000 USD
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
27697000 USD
us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
15872000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
26715000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
16689000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
162000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-216000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-889000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
1937000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
5297000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
5472000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
42910000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
18014000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
8780000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
13725000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
63942000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
49670000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
55000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
23666000 USD
us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
30287000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
1200000 USD
us-gaap Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
902000 USD
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
698000 USD
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
977000 USD
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
29000 USD
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
383000 USD
pwod Proceeds From Redemption Of Regulatory Stock
ProceedsFromRedemptionOfRegulatoryStock
548000 USD
pwod Proceeds From Redemption Of Regulatory Stock
ProceedsFromRedemptionOfRegulatoryStock
549000 USD
pwod Purchases Of Regulatory Stock
PurchasesOfRegulatoryStock
822000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-20882000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-47464000 USD
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
22754000 USD
us-gaap Net Change Interest Bearing Deposits Domestic
NetChangeInterestBearingDepositsDomestic
53095000 USD
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
13625000 USD
us-gaap Net Change Noninterest Bearing Deposits Domestic
NetChangeNoninterestBearingDepositsDomestic
6408000 USD
us-gaap Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
5528000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
3030000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-11743000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
5030000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
3607000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
31000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
27000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
28882000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
44180000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
13297000 USD
us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
2188000 USD
us-gaap Interest Paid
InterestPaid
2523000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1795000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1950000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13885000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16073000 USD
CY2012Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
5357000 USD
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4331631 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Treasury Stock
WeightedAverageNumberOfSharesTreasuryStock
180596 shares
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
4151035 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4018175 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Treasury Stock
WeightedAverageNumberOfSharesTreasuryStock
180596 shares
CY2012Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3837579 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4176312 shares
us-gaap Weighted Average Number Of Shares Treasury Stock
WeightedAverageNumberOfSharesTreasuryStock
180596 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3995716 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
4017987 shares
us-gaap Weighted Average Number Of Shares Treasury Stock
WeightedAverageNumberOfSharesTreasuryStock
180596 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
3837391 shares
CY2013Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
310856000 USD
CY2013Q2 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
7929000 USD
CY2013Q2 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
7496000 USD
CY2012Q4 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
273916000 USD
CY2012Q4 us-gaap Availableforsale Securities Gross Unrealized Gain
AvailableforsaleSecuritiesGrossUnrealizedGain
17153000 USD
CY2012Q4 us-gaap Available For Sale Securities Gross Unrealized Losses1
AvailableForSaleSecuritiesGrossUnrealizedLosses1
1753000 USD
CY2013Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
118055000 USD
CY2013Q2 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
5802000 USD
CY2013Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
5118000 USD
CY2013Q2 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
1694000 USD
CY2013Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
123173000 USD
CY2013Q2 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
7496000 USD
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
21809000 USD
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses2
553000 USD
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
9642000 USD
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses2
1200000 USD
CY2012Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
31451000 USD
CY2012Q4 us-gaap Availableforsale Securities Continuous Unrealized Loss Position Aggregate Losses2
AvailableforsaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses2
1753000 USD
CY2013Q2 pwod Available For Sale Securities In Unrealized Loss Positions Number Of Positions Less Than Twelve Months
AvailableForSaleSecuritiesInUnrealizedLossPositionsNumberOfPositionsLessThanTwelveMonths
182 securities
CY2013Q2 pwod Available For Sale Securities In Unrealized Loss Positions Number Of Positions Greater Than Twelve Months
AvailableForSaleSecuritiesInUnrealizedLossPositionsNumberOfPositionsGreaterThanTwelveMonths
13 securities
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
6180000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
41234000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
87544000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
165316000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAmortizedCost
300274000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
6197000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
41746000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
85721000 USD
CY2013Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
165565000 USD
CY2013Q2 us-gaap Held To Maturity Securities Debt Maturities Fair Value
HeldToMaturitySecuritiesDebtMaturitiesFairValue
299229000 USD
CY2013Q2 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
1274000 USD
CY2012Q2 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
173000 USD
CY2012Q2 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
3000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
2320000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
60000 USD
us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
853000 USD
us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
94000 USD
CY2013Q2 pwod Federal Home Loan Bank Par Value Per Stock
FederalHomeLoanBankParValuePerStock
100
CY2013Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
779060000 USD
CY2013Q2 pwod Financing Receivable Recorded Investment30 To89 Days Past Due
FinancingReceivableRecordedInvestment30To89DaysPastDue
2347000 USD
CY2013Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
8000 USD
CY2013Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
6507000 USD
CY2013Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
787922000 USD
CY2013Q2 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
961000 USD
CY2013Q2 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
768695000 USD
CY2012Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
495898000 USD
CY2012Q4 pwod Financing Receivable Recorded Investment30 To89 Days Past Due
FinancingReceivableRecordedInvestment30To89DaysPastDue
5750000 USD
CY2012Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
351000 USD
CY2012Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
11355000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
513354000 USD
pwod Financing Receivable Modification Number Of Contracts
FinancingReceivableModificationNumberOfContracts
5 contract
CY2013Q2 pwod Financing Receivable Modifications Recorded Investment Post Modification
FinancingReceivableModificationsRecordedInvestmentPostModification
61000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
1122000 USD
CY2012Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
487159000 USD
CY2013Q2 pwod Loans And Leases Receivable Interest Income If Recorded On Original Loan Basis For Non Accrual Loans
LoansAndLeasesReceivableInterestIncomeIfRecordedOnOriginalLoanBasisForNonAccrualLoans
97000 USD
CY2013Q2 pwod Loans And Leases Receivable Interest On Non Accrual Loans
LoansAndLeasesReceivableInterestOnNonAccrualLoans
51000 USD
pwod Loans And Leases Receivable Interest Income If Recorded On Original Loan Basis For Non Accrual Loans
LoansAndLeasesReceivableInterestIncomeIfRecordedOnOriginalLoanBasisForNonAccrualLoans
255000 USD
pwod Loans And Leases Receivable Interest On Non Accrual Loans
LoansAndLeasesReceivableInterestOnNonAccrualLoans
121000 USD
CY2012Q2 pwod Loans And Leases Receivable Interest Income If Recorded On Original Loan Basis For Non Accrual Loans
LoansAndLeasesReceivableInterestIncomeIfRecordedOnOriginalLoanBasisForNonAccrualLoans
131000 USD
CY2012Q2 pwod Loans And Leases Receivable Interest On Non Accrual Loans
LoansAndLeasesReceivableInterestOnNonAccrualLoans
37000 USD
pwod Loans And Leases Receivable Interest Income If Recorded On Original Loan Basis For Non Accrual Loans
LoansAndLeasesReceivableInterestIncomeIfRecordedOnOriginalLoanBasisForNonAccrualLoans
276000 USD
pwod Loans And Leases Receivable Interest On Non Accrual Loans
LoansAndLeasesReceivableInterestOnNonAccrualLoans
77000 USD
pwod Financing Receivable Individually Evaluated For Impairment Minimum Amount
FinancingReceivableIndividuallyEvaluatedForImpairmentMinimumAmount
100000 USD
pwod Financing Receivable Individually Evaluated For Impairment On Case By Case Basis Maximum Amount
FinancingReceivableIndividuallyEvaluatedForImpairmentOnCaseByCaseBasisMaximumAmount
100000 USD
pwod Payment Delays Limit Up To Which Loans Not Classified As Impaired Maximum
PaymentDelaysLimitUpToWhichLoansNotClassifiedAsImpairedMaximum
P90D
CY2013Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
3264000 USD
CY2013Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
3565000 USD
CY2013Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
9241000 USD
CY2013Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
11744000 USD
CY2013Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
12505000 USD
CY2013Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
15309000 USD
CY2013Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
3027000 USD
CY2012Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
3628000 USD
CY2012Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
5410000 USD
CY2012Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
13342000 USD
CY2012Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
15047000 USD
CY2012Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
16970000 USD
CY2012Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
20457000 USD
CY2012Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
2535000 USD
CY2013Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
13420000 USD
CY2013Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
62000 USD
CY2013Q2 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
58000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
16184000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
105000 USD
CY2012Q2 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
37000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
14549000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
676000 USD
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
648000 USD
CY2013Q2 pwod Impaired Financing Receivable Commitment To Lend
ImpairedFinancingReceivableCommitmentToLend
126000 USD
CY2013Q2 pwod Financing Receivable Modification Number Of Contracts
FinancingReceivableModificationNumberOfContracts
2 contract
CY2013Q2 pwod Financing Receivable Modifications Recorded Investment Pre Modification
FinancingReceivableModificationsRecordedInvestmentPreModification
61000 USD
CY2012Q2 pwod Financing Receivable Modification Number Of Contracts
FinancingReceivableModificationNumberOfContracts
1 contract
CY2012Q2 pwod Financing Receivable Modifications Recorded Investment Pre Modification
FinancingReceivableModificationsRecordedInvestmentPreModification
49000 USD
CY2012Q2 pwod Financing Receivable Modifications Recorded Investment Post Modification
FinancingReceivableModificationsRecordedInvestmentPostModification
49000 USD
pwod Financing Receivable Modification Number Of Contracts
FinancingReceivableModificationNumberOfContracts
4 contract
pwod Financing Receivable Modifications Recorded Investment Pre Modification
FinancingReceivableModificationsRecordedInvestmentPreModification
325000 USD
pwod Financing Receivable Modifications Recorded Investment Post Modification
FinancingReceivableModificationsRecordedInvestmentPostModification
325000 USD
pwod Financing Receivable Modifications Recorded Investment Pre Modification
FinancingReceivableModificationsRecordedInvestmentPreModification
217000 USD
pwod Financing Receivable Modifications Recorded Investment Post Modification
FinancingReceivableModificationsRecordedInvestmentPostModification
217000 USD
pwod Reasonable Period To Classify From Troubled Debt Restructuring Non Performing Loans To Performing Loans
ReasonablePeriodToClassifyFromTroubledDebtRestructuringNonPerformingLoansToPerformingLoans
P6M
CY2013Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
10961000 USD
CY2012Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
16217000 USD
pwod Period Financing Receivables Past Due After Which Loans Are Considered Substandard Minimum
PeriodFinancingReceivablesPastDueAfterWhichLoansAreConsideredSubstandardMinimum
P90D
pwod Amount After Which External Annual Loan Review Of Commercial Relationships Performed Minimum
AmountAfterWhichExternalAnnualLoanReviewOfCommercialRelationshipsPerformedMinimum
800000 USD
CY2013Q2 pwod Number Of Categories Considered Not Criticized And Rated
NumberOfCategoriesConsideredNotCriticizedAndRated
6 category
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
391000 USD
pwod Period Considered For Quarter Moving Average Which Used In Calculating Historical Charge Off
PeriodConsideredForQuarterMovingAverageWhichUsedInCalculatingHistoricalChargeOff
12 quarter
CY2013Q2 pwod Number Of Components Represent Allowance For Loan Losses
NumberOfComponentsRepresentAllowanceForLoanLosses
2 component
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
492000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
372000 USD
CY2013Q2 pwod Number Of Classes That Groups Loans Are Collectively Evaluated For Impairment
NumberOfClassesThatGroupsLoansAreCollectivelyEvaluatedForImpairment
2 class
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
190000 USD
us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts
-902000 USD
us-gaap Allowance For Loan And Lease Losses Provision For Loss Net
AllowanceForLoanAndLeaseLossesProvisionForLossNet
1075000 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
957000 USD
us-gaap Allowance For Loan And Lease Losses Recoveries Of Bad Debts
AllowanceForLoanAndLeaseLossesRecoveriesOfBadDebts
-41000 USD
us-gaap Allowance For Loan And Lease Losses Provision For Loss Net
AllowanceForLoanAndLeaseLossesProvisionForLossNet
1200000 USD
CY2012Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7438000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7154000 USD
CY2013Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
6377000 USD
CY2013Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
3027000 USD
CY2013Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
11623000 USD
CY2012Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
2535000 USD
CY2012Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
5082000 USD
CY2012Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
16970000 USD
CY2012Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
496384000 USD
CY2013Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
159000 USD
CY2013Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
193000 USD
CY2013Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
246000 USD
CY2013Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
6000 USD
CY2013Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-120000 USD
CY2013Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
232000 USD
CY2012Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
156000 USD
CY2012Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
186000 USD
CY2012Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
195000 USD
CY2012Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
6000 USD
CY2012Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-109000 USD
CY2012Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
262000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
318000 USD
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
386000 USD
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
13000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-239000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
464000 USD
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
313000 USD
us-gaap Defined Benefit Plan Amortization Of Transition Obligations Assets
DefinedBenefitPlanAmortizationOfTransitionObligationsAssets
-1000 USD
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
13000 USD
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-218000 USD
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
524000 USD
CY2013Q2 us-gaap Defined Benefit Plan Expected Future Benefit Payments Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureBenefitPaymentsRemainderOfFiscalYear
175000 USD
CY2012Q4 us-gaap Defined Benefit Plan Estimated Future Employer Contributions In Next Fiscal Year
DefinedBenefitPlanEstimatedFutureEmployerContributionsInNextFiscalYear
400000 USD
us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
430000 USD
pwod Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-8386000 USD
pwod Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-1492000 USD
CY2013Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-4521000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
16749000 USD
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
186000 USD
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
93000 USD
pwod Reclassification Adjustment Effect On Net Income Loss
ReclassificationAdjustmentEffectOnNetIncomeLoss
0 USD
us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="MARGIN: 0in 0in 0pt;"><b><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt; FONT-WEIGHT: bold;" size="2">Note 3.&#160; Recent Accounting Pronouncements</font></b></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In December&#160;2011, the FASB issued ASU 2011-11, <i>Balance Sheet (Topic 210):&#160; Disclosures about Offsetting Assets and Liabilities</i>.&#160; The amendments in this update affect all entities that have financial instruments and derivative instruments that are either (1)&#160;offset in accordance with either Section&#160;210-20-45 or Section&#160;815-10-45 or (2)&#160;subject to an enforceable master netting arrangement or similar agreement.&#160; The requirements amend the disclosure requirements on offsetting in Section&#160;210-20-50.&#160; This information will enable users of an entity&#8217;s financial statements to evaluate the effect or potential effect of netting arrangements on an entity&#8217;s financial position, including the effect or potential effect of rights of setoff associated with certain financial instruments and derivative instruments in the scope of this update.&#160; An entity is required to apply the amendments for annual reporting periods beginning on or after January&#160;1, 2013, and interim periods within those annual periods.&#160; An entity should provide the disclosures required by those amendments retrospectively for all comparative periods presented.&#160; This ASU did not have a significant impact on the Company&#8217;s financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In January&#160;2013, the FASB issued ASU 2013-01, <i>Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities</i>.&#160; The amendments clarify that the scope of Update 2011-11 applies to derivatives accounted for in accordance with Topic 815, <i>Derivatives and Hedging</i>, including bifurcated embedded derivatives, repurchase agreements and reverse repurchase agreements, and securities borrowing and securities lending transactions that are either offset in accordance with Section&#160;210-20-45 or Section&#160;815-10-45 or subject to an enforceable master netting arrangement or similar agreement.&#160; An entity is required to apply the amendments for fiscal years beginning on or after January&#160;1, 2013, and interim periods within those annual periods. An entity should provide the required disclosures retrospectively for all comparative periods presented.&#160; The effective date is the same as the effective date of Update 2011-11.&#160; This ASU is not expected to have a significant impact on the Company&#8217;s financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> <p style="MARGIN: 0in 0in 0pt;"><font style="FONT-FAMILY: Times New Roman; FONT-SIZE: 10pt;" size="2">In February&#160;2013, the FASB issued ASU 2013-02, <i>Comprehensive Income (Topic 220):&#160; Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income</i>.&#160; The amendments in this update require an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. generally accepted accounting principles (GAAP) to be reclassified in its entirety to net income.&#160; For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts.&#160; For public entities, the amendments are effective prospectively for reporting periods beginning after December&#160;15, 2012.&#160; The Company has provided the necessary disclosures in Note 2 - Accumulated Other Comprehensive Income.</font></p> <p style="MARGIN: 0in 0in 0pt;">&#160;</p> </div>

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