2018 Q1 Form 10-Q Financial Statement

#000092708918000231 Filed on May 14, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $2.835M $2.515M
YoY Change 12.72% 16.33%
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 $51.00K $45.00K
YoY Change 13.33% -11.76%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit $343.0K
YoY Change
Interest Expense $856.0K $694.0K
YoY Change 23.34% 19.66%
% of Operating Profit 249.56%
Other Income/Expense, Net
YoY Change
Pretax Income $343.0K $245.0K
YoY Change 40.0% -38.75%
Income Tax $55.00K $74.00K
% Of Pretax Income 16.03% 30.2%
Net Earnings $288.0K $171.0K
YoY Change 68.42% -28.45%
Net Earnings / Revenue 10.16% 6.8%
Basic Earnings Per Share $0.15 $0.09
Diluted Earnings Per Share $0.14 $0.09
COMMON SHARES
Basic Shares Outstanding 1.882M 1.838M
Diluted Shares Outstanding 1.990M 1.980M

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $16.93M $8.933M
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 $2.010M $1.857M
YoY Change 8.24% 3.17%
Goodwill $515.0K $515.0K
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $251.6M $219.4M
YoY Change 14.68% 16.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $200.0K $100.0K
YoY Change 100.0% 0.0%
Accrued Expenses $300.0K $400.0K
YoY Change -25.0% -42.86%
Deferred Revenue
YoY Change
Short-Term Debt $1.700M $1.500M
YoY Change 13.33% 25.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $500.0K $500.0K
YoY Change 0.0% -37.5%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $500.0K $500.0K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $229.1M $198.2M
YoY Change 15.59% 17.9%
SHAREHOLDERS EQUITY
Retained Earnings $12.84M $11.63M
YoY Change 10.32%
Common Stock $28.00K $28.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.649M $4.422M
YoY Change 5.13%
Treasury Stock Shares $822.7K $849.8K
Shareholders Equity $22.49M $21.17M
YoY Change
Total Liabilities & Shareholders Equity $251.6M $219.4M
YoY Change 14.68% 16.99%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $288.0K $171.0K
YoY Change 68.42% -28.45%
Depreciation, Depletion And Amortization $51.00K $45.00K
YoY Change 13.33% -11.76%
Cash From Operating Activities $2.313M $2.851M
YoY Change -18.87% 1.75%
INVESTING ACTIVITIES
Capital Expenditures $73.00K $172.0K
YoY Change -57.56% 1046.67%
Acquisitions
YoY Change
Other Investing Activities -$5.080M -$6.080M
YoY Change -16.45% -29.63%
Cash From Investing Activities -$5.155M -$6.259M
YoY Change -17.64% -28.48%
FINANCING ACTIVITIES
Cash Dividend Paid $96.00K $75.00K
YoY Change 28.0% 8.7%
Common Stock Issuance & Retirement, Net $272.0K $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.86M 3.041M
YoY Change 290.1% 9.11%
NET CHANGE
Cash From Operating Activities 2.313M 2.851M
Cash From Investing Activities -5.155M -6.259M
Cash From Financing Activities 11.86M 3.041M
Net Change In Cash 9.021M -367.0K
YoY Change -2558.04% -88.39%
FREE CASH FLOW
Cash From Operating Activities $2.313M $2.851M
Capital Expenditures $73.00K $172.0K
Free Cash Flow $2.240M $2.679M
YoY Change -16.39% -3.88%

Facts In Submission

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FederalHomeLoanBankAdvancesMaturitiesSummaryDueInRemainderOfFiscalYear
3000000
CY2018Q1 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
10000000
CY2017Q4 us-gaap Federal Home Loan Bank Advances Maturities Summary Due Within One Year Of Balance Sheet Date
FederalHomeLoanBankAdvancesMaturitiesSummaryDueWithinOneYearOfBalanceSheetDate
10000000
CY2018Q1 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
1234000
CY2017Q4 us-gaap Federal Home Loan Bank Stock
FederalHomeLoanBankStock
1234000
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1836000
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1812000
CY2016Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1605000
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1650000
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
1806000
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
1610000
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
1741000
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
30000
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
40000
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
71000
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3000
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
3000
CY2018Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
47000
CY2017Q1 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
CY2017 us-gaap Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
80000
CY2018Q1 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
206837000
CY2017Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
201413000
CY2018Q1 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
2896000
CY2017Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
2903000
CY2018Q1 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
0
CY2018Q1 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
595000
CY2017Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
714000
CY2018Q1 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
403000
CY2017Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
881000
CY2018Q1 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
201708000
CY2017Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
198331000
CY2018Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
8025000
CY2017Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
5985000
CY2018Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
8000
CY2017 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
139000
CY2017Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
0
CY2018Q1 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
0
CY2018Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
404000
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
416000
CY2018Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
321000
CY2017Q1 us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
108000
CY2018Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
63000
CY2017Q1 us-gaap Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
4000
CY2018Q1 us-gaap Goodwill
Goodwill
515000
CY2017Q4 us-gaap Goodwill
Goodwill
515000
CY2018Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2906000
CY2017 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
4055000
CY2018Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
2896000
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
2903000
CY2018Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
30000
CY2017Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
71000
CY2018Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
2896000
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
2903000
CY2018Q1 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
CY2017Q1 us-gaap Impairment Of Investments
ImpairmentOfInvestments
0
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
343000
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
245000
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55000
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
74000
CY2018Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
30000
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
25000
CY2018Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-40000
CY2017Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
16000
CY2018Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-284000
CY2017Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-111000
CY2018Q1 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-772000
CY2017Q1 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-703000
CY2018Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-167000
CY2017Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-99000
CY2018Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
8412000
CY2017Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
615000
CY2018Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
86000
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
251562000
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
239596000
CY2018Q1 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
20000
CY2017Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
47000
CY2018Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
79000
CY2017Q1 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
77000
CY2018Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2835000
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
2515000
CY2018Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
2709000
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
2430000
CY2018Q1 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
187923000
CY2017Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
178265000
CY2018Q1 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
16581000
CY2017Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
7846000
CY2018Q1 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
153450000
CY2017Q4 us-gaap Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
145038000
CY2018Q1 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
32145000
CY2017Q4 us-gaap Interest Bearing Domestic Deposit Money Market
InterestBearingDomesticDepositMoneyMarket
30411000
CY2018Q1 us-gaap Interest Expense
InterestExpense
856000
CY2017Q1 us-gaap Interest Expense
InterestExpense
694000
CY2018Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
729000
CY2017Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
648000
CY2018Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
91000
CY2017Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Long Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesLongTerm
33000
CY2018Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
36000
CY2017Q1 us-gaap Interest Expense Federal Home Loan Bank And Federal Reserve Bank Advances Short Term
InterestExpenseFederalHomeLoanBankAndFederalReserveBankAdvancesShortTerm
13000
CY2018Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
1908000
CY2017Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
1779000
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1979000
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
1821000
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
849000
CY2017Q1 us-gaap Interest Paid Net
InterestPaidNet
695000
CY2018Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
174000
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
167000
CY2018Q1 us-gaap Interest Receivable
InterestReceivable
981000
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
1021000
CY2018Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1668000
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
1317000
CY2018Q1 us-gaap Liabilities
Liabilities
229077000
CY2017Q4 us-gaap Liabilities
Liabilities
217411000
CY2017Q1 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
22000
CY2018Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
1836000
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
1812000
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3041000
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5155000
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6259000
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2313000
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
2851000
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
288000
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
171000
CY2018Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
843000
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
837000
CY2018Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
209733000
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
204316000
CY2018Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
0
CY2018Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
44000
CY2017Q1 us-gaap Loans And Leases Receivable Impaired Interest Lost On Nonaccrual Loans
LoansAndLeasesReceivableImpairedInterestLostOnNonaccrualLoans
43000
CY2018Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
2301000
CY2017Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
2189000
CY2018Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
207054000
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
201667000
CY2018Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
4941000
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
7006000
CY2018Q1 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
0
CY2017Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
0
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
11863000
CY2018Q1 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
11013000
CY2017Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
7956000
CY2018Q1 us-gaap Noninterest Expense
NoninterestExpense
2307000
CY2017Q1 us-gaap Noninterest Expense
NoninterestExpense
1891000
CY2018Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
54000
CY2017Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
52000
CY2018Q1 us-gaap Noninterest Income
NoninterestIncome
742000
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
357000
CY2018Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
52000
CY2017Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
9000
CY2018Q1 us-gaap Occupancy Net
OccupancyNet
150000
CY2017Q1 us-gaap Occupancy Net
OccupancyNet
145000
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
12000
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
13000
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
15000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
20000
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
3000
CY2017Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
7000
CY2018Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
126000
CY2017Q1 us-gaap Other Interest And Dividend Income
OtherInterestAndDividendIncome
85000
CY2018Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
176000
CY2017Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
138000
CY2018Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
17320000
CY2017Q1 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
8030000
CY2018Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
5352000
CY2017Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
7255000
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
272000
CY2017Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
CY2018Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
96000
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
75000
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
73000
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
172000
CY2018Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
CY2017Q1 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
6000
CY2018Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000
CY2018Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q1 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2018Q1 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1064000
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1234000
CY2018Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Reclassifications. </div></div><div style="display: inline; font-weight: bold;"> </div>Certain items in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2017</div> consolidated financial statements have been reclassified to conform to the presentation in the <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">2018</div> consolidated financial statements. Such reclassifications did <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> have a material impact on the presentation of the overall financial statements. The reclassifications had <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">no</div> effect on net income or stockholders&#x2019; equity.</div></div></div></div></div>
CY2018Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
248000
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
354000
CY2018Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
19706000
CY2017Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
10776000
CY2018Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
63000
CY2017Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
81000
CY2018Q1 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
24000
CY2017Q1 us-gaap Proceeds From Sale Of Treasury Stock
ProceedsFromSaleOfTreasuryStock
22000
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
264000
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
172000
CY2018Q1 us-gaap Professional Fees
ProfessionalFees
60000
CY2017Q1 us-gaap Professional Fees
ProfessionalFees
90000
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2010000
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1988000
CY2018Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
71000
CY2017Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
42000
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
12835000
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
12643000
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
80000
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
77000
CY2018Q1 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
48000
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
22485000
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
22185000
CY2018Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
822679
CY2017Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
857226
CY2018Q1 us-gaap Treasury Stock Value
TreasuryStockValue
4649000
CY2017Q4 us-gaap Treasury Stock Value
TreasuryStockValue
4675000
CY2018Q1 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
272000
CY2018Q1 us-gaap Unearned Esop Shares
UnearnedESOPShares
236000
CY2017Q4 us-gaap Unearned Esop Shares
UnearnedESOPShares
253000
CY2018Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" margin: 0pt; text-align: justify; font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt;"><div style="display: inline; font-weight: bold;"><div style="display: inline; font-style: italic;">Use of Estimates in the Preparation of Financial Statements. </div></div>The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America 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 the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates. The Company&#x2019;s most significant estimates are the determination of the allowance for loan losses and the valuation of deferred tax assets.</div></div></div></div></div>
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
108425
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
142092
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1990290
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1980217
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1881865
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1838125

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