2019 Q3 Form 10-Q Financial Statement

#000143774919016770 Filed on August 14, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2018 Q2
Revenue $7.800M $7.600M $5.618M
YoY Change 4.1% 35.28% 1.76%
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 $490.0K $520.0K $370.0K
YoY Change -9.26% 40.54% -5.13%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $773.0K $680.0K $404.0K
YoY Change 37.06% 68.32% 10.08%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $2.545M $2.146M $1.243M
YoY Change 19.2% 72.65% 8.09%
Income Tax $511.0K $411.0K $244.0K
% Of Pretax Income 20.08% 19.15% 19.63%
Net Earnings $2.034M $1.735M $999.0K
YoY Change 18.6% 73.67% 24.41%
Net Earnings / Revenue 26.08% 22.83% 17.78%
Basic Earnings Per Share $0.33 $0.28 $0.20
Diluted Earnings Per Share $329.0K $280.2K $199.2K
COMMON SHARES
Basic Shares Outstanding 6.178M 6.213M 5.021M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q3 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $41.19M $33.06M $14.76M
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 $21.39M $20.99M $17.86M
YoY Change 3.07% 17.52% -0.83%
Goodwill $3.257M $3.257M
YoY Change -13.47%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.000M $1.100M $2.500M
YoY Change -61.54% -56.0% -50.0%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $695.2M $680.3M $544.3M
YoY Change 2.28% 25.0% -1.76%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $200.0K $100.0K $0.00
YoY Change 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $8.900M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $200.0K $100.0K $8.900M
YoY Change 0.0% -98.88%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.200M $2.500M $2.300M
YoY Change 18.52% 8.7% 15.0%
Total Long-Term Liabilities $3.200M $2.500M $2.300M
YoY Change 18.52% 8.7% 15.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $200.0K $100.0K $8.900M
Total Long-Term Liabilities $3.200M $2.500M $2.300M
Total Liabilities $615.3M $601.3M $486.2M
YoY Change 1.67% 23.66% -2.14%
SHAREHOLDERS EQUITY
Retained Earnings $39.88M $38.58M $34.04M
YoY Change 13.52% 13.36% 7.25%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $79.86M $79.04M $58.02M
YoY Change
Total Liabilities & Shareholders Equity $695.2M $680.3M $544.3M
YoY Change 2.28% 25.0% -1.76%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $2.034M $1.735M $999.0K
YoY Change 18.6% 73.67% 24.41%
Depreciation, Depletion And Amortization $490.0K $520.0K $370.0K
YoY Change -9.26% 40.54% -5.13%
Cash From Operating Activities $2.800M $1.400M $180.0K
YoY Change 45.83% 677.78% -28.0%
INVESTING ACTIVITIES
Capital Expenditures -$700.0K -$270.0K -$620.0K
YoY Change -61.11% -56.45% 287.5%
Acquisitions
YoY Change
Other Investing Activities -$5.880M -$11.95M -$4.670M
YoY Change -115.92% 155.89% -30.61%
Cash From Investing Activities -$6.580M -$12.22M -$5.290M
YoY Change -118.73% 131.0% -23.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.90M 5.190M 230.0K
YoY Change -181.62% 2156.52% -104.33%
NET CHANGE
Cash From Operating Activities 2.800M 1.400M 180.0K
Cash From Investing Activities -6.580M -12.22M -5.290M
Cash From Financing Activities 11.90M 5.190M 230.0K
Net Change In Cash 8.120M -5.630M -4.880M
YoY Change -63.88% 15.37% -59.16%
FREE CASH FLOW
Cash From Operating Activities $2.800M $1.400M $180.0K
Capital Expenditures -$700.0K -$270.0K -$620.0K
Free Cash Flow $3.500M $1.670M $800.0K
YoY Change -5.91% 108.75% 95.12%

Facts In Submission

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CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2019Q2 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2018Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
0
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6193275
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
6213275
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6193275
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
6213275
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
4400000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1342000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2168000
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
801000
us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
5000000
CY2019Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1091000
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
288000
CY2019Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
138000
CY2018Q2 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
144000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
92000
us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
86000
CY2018Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
1853000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
442000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
628000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-20000
us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-16000
CY2019Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-10000
CY2018Q2 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-8000
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
CY2019Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
CY2018Q2 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
CY2019Q2 us-gaap Defined Benefit Plan Expected Future Employer Contributions Next Fiscal Year
DefinedBenefitPlanExpectedFutureEmployerContributionsNextFiscalYear
0
us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
276000
CY2019Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
46000
CY2018Q2 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
43000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-164000
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-186000
CY2019Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-82000
CY2018Q2 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
-93000
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
CY2019Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
CY2018Q2 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
CY2019Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
CY2018Q2 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
CY2019Q2 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
13300000
CY2018Q4 us-gaap Deposit Liabilities Collateral Issued Financial Instruments
DepositLiabilitiesCollateralIssuedFinancialInstruments
13900000
CY2019Q2 us-gaap Deposits
Deposits
598703000
CY2018Q4 us-gaap Deposits
Deposits
601868000
us-gaap Depreciation
Depreciation
597000
us-gaap Depreciation
Depreciation
600000
us-gaap Dividend Income Operating
DividendIncomeOperating
61000
us-gaap Dividend Income Operating
DividendIncomeOperating
39000
CY2019Q2 us-gaap Dividend Income Operating
DividendIncomeOperating
47000
CY2018Q2 us-gaap Dividend Income Operating
DividendIncomeOperating
30000
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
746000
CY2018Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
502000
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
CY2019Q2 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
78399000
CY2018Q4 us-gaap Fair Value Disclosure Offbalance Sheet Risks Amount Liability
FairValueDisclosureOffbalanceSheetRisksAmountLiability
78204000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
144000
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
138000
CY2019Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
72000
CY2018Q2 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
69000
CY2019Q2 us-gaap Federal Funds Sold
FederalFundsSold
14012000
CY2018Q4 us-gaap Federal Funds Sold
FederalFundsSold
18990000
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3771000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
3454000
CY2019Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
38000
CY2019Q2 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
47000
CY2018Q4 us-gaap Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
41000
CY2019Q2 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
543946000
CY2018Q4 us-gaap Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
530181000
CY2019Q2 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
5191000
CY2018Q4 us-gaap Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
5570000
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
CY2019Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
1
us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
CY2018Q2 us-gaap Financing Receivable Modifications Number Of Contracts2
FinancingReceivableModificationsNumberOfContracts2
2
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
166000
us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
97000
CY2018Q2 us-gaap Financing Receivable Modifications Post Modification Recorded Investment2
FinancingReceivableModificationsPostModificationRecordedInvestment2
97000
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
155000
CY2019Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
38000
us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
80000
CY2018Q2 us-gaap Financing Receivable Modifications Pre Modification Recorded Investment2
FinancingReceivableModificationsPreModificationRecordedInvestment2
80000
CY2019Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
7100000
CY2018Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
7300000
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2019Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2018Q2 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2019Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
CY2018Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
CY2019Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
546209000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
533215000
CY2019Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
5404000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
5579000
CY2019Q2 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3611000
CY2018Q4 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
3250000
CY2019Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3455000
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3892000
CY2019Q2 us-gaap Foreclosed Assets
ForeclosedAssets
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
0
CY2018Q4 us-gaap Goodwill
Goodwill
3198000
CY2018Q4 us-gaap Foreclosed Assets
ForeclosedAssets
753000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
121000
CY2017Q4 us-gaap Goodwill
Goodwill
CY2019Q2 us-gaap Goodwill
Goodwill
3257000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
59000
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
3198000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
CY2018 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
10153000
CY2019Q2 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
9794000
CY2018 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
11766000
us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
190000
CY2019Q2 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
90000
CY2018 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
429000
CY2019Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
9767000
CY2018Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
10298000
CY2019Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
286000
CY2018Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
300000
CY2019Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
9962000
CY2018Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
10562000
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
3087000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
3022000
CY2018 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
3971000
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
9000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
5000
CY2018 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
36000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
3022000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
3369000
CY2019Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
3022000
CY2018Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
3393000
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
7066000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
6772000
CY2018 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
7795000
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
181000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
85000
CY2018 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
393000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
6745000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
6929000
CY2019Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
6940000
CY2018Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
7169000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
4228000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2538000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2146000
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1243000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
828000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
525000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
411000
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
244000
us-gaap Income Taxes Paid
IncomeTaxesPaid
50000
us-gaap Income Taxes Paid
IncomeTaxesPaid
10000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
128000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
76000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-10000
us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
18000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-2770000
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-13405000
us-gaap Increase Decrease In Insurance Assets
IncreaseDecreaseInInsuranceAssets
216000
us-gaap Increase Decrease In Insurance Assets
IncreaseDecreaseInInsuranceAssets
222000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
22000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-1000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-468000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
394000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-226000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
1000
us-gaap Increase Decrease Of Restricted Investments
IncreaseDecreaseOfRestrictedInvestments
-10000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
731000
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
602000
CY2019Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
362000
CY2018Q2 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
300000
us-gaap Insurance Recoveries
InsuranceRecoveries
us-gaap Insurance Recoveries
InsuranceRecoveries
229000
CY2019Q2 us-gaap Insurance Recoveries
InsuranceRecoveries
CY2018Q2 us-gaap Insurance Recoveries
InsuranceRecoveries
229000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
15139000
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
11066000
CY2019Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
7600000
CY2018Q2 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
5618000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
14261000
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
10357000
CY2019Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
7140000
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5271000
CY2019Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
437530000
CY2018Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
441702000
CY2019Q2 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
11102000
CY2018Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
12159000
us-gaap Interest Expense
InterestExpense
1270000
us-gaap Interest Expense
InterestExpense
765000
CY2019Q2 us-gaap Interest Expense
InterestExpense
680000
CY2018Q2 us-gaap Interest Expense
InterestExpense
404000
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
27000
CY2019Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
CY2018Q2 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
27000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
5298000
CY2019Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
3262000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
1270000
us-gaap Interest Expense Deposits
InterestExpenseDeposits
738000
CY2019Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
680000
CY2018Q2 us-gaap Interest Expense Deposits
InterestExpenseDeposits
377000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
98000
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
35000
CY2019Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
40000
CY2018Q2 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
16000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
13355000
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
10156000
CY2019Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
6644000
CY2018Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
5123000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
13869000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10301000
CY2019Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
6920000
CY2018Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
5214000
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
179000
us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
38000
CY2019Q2 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
109000
CY2018Q2 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
7000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
540000
us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
597000
CY2019Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
264000
CY2018Q2 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
294000
us-gaap Interest Paid Net
InterestPaidNet
1248000
us-gaap Interest Paid Net
InterestPaidNet
766000
CY2019Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
111000
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
89000
CY2019Q2 us-gaap Interest Receivable
InterestReceivable
2212000
CY2018Q4 us-gaap Interest Receivable
InterestReceivable
2084000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
6419000
CY2018Q2 us-gaap Labor And Related Expense
LaborAndRelatedExpense
2767000
CY2019Q2 us-gaap Liabilities
Liabilities
601283000
CY2018Q4 us-gaap Liabilities
Liabilities
604662000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
680324000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2019Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2018Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2019Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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CY2018Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
2013000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
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NoninterestExpense
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NoninterestIncome
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NoninterestIncome
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NoninterestIncome
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NoninterestIncome
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us-gaap Noninterest Income Other Operating Income
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
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CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
264000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2019Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2019Q2 us-gaap Other Liabilities
OtherLiabilities
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OtherLiabilities
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OtherNoninterestExpense
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OtherNoninterestExpense
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OtherNoninterestExpense
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OtherNoninterestExpense
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us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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PaymentsOfDividendsCommonStock
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PaymentsOfDividendsCommonStock
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us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
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PaymentsToAcquireAvailableForSaleSecurities
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PaymentsToAcquirePropertyPlantAndEquipment
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CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0
CY2018Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
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CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
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="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="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">Reclassification</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">&nbsp;</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">Certain reclassifications have been made to the prior years&#x2019; financial statements to place them on a comparable basis with the current presentation. Net income and stockholders&#x2019; equity previously reported were <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;">not</div> affected by these reclassifications.</div></div></div></div></div></div></div></div></div></div></div>
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
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us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2441000
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
2559000
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
8906000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
735000
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
50000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
3950000
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
525000
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
3950000
CY2018Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
525000
us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
3950000
CY2019Q2 us-gaap Proceeds From Sale Of Available For Sale Securities Equity
ProceedsFromSaleOfAvailableForSaleSecuritiesEquity
525000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
753000
us-gaap Proceeds From Sale Of Foreclosed Assets
ProceedsFromSaleOfForeclosedAssets
us-gaap Professional Fees
ProfessionalFees
362000
us-gaap Professional Fees
ProfessionalFees
220000
CY2019Q2 us-gaap Professional Fees
ProfessionalFees
180000
CY2018Q2 us-gaap Professional Fees
ProfessionalFees
96000
CY2019Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
20685000
CY2019Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
276000
CY2018Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
91000
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
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us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
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CY2019Q2 us-gaap Restricted Investments
RestrictedInvestments
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CY2018Q4 us-gaap Restricted Investments
RestrictedInvestments
2053000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
38583000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
35929000
CY2019Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
235000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
222000
us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
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CY2019Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
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CY2018Q2 us-gaap Taxes Excluding Income And Excise Taxes
TaxesExcludingIncomeAndExciseTaxes
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CY2019Q2 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
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CY2018Q4 us-gaap Tier One Leverage Capital
TierOneLeverageCapital
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CY2019Q2 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
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CY2018Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy
TierOneLeverageCapitalRequiredForCapitalAdequacy
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CY2019Q2 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
0.04
CY2018Q4 us-gaap Tier One Leverage Capital Required For Capital Adequacy To Average Assets
TierOneLeverageCapitalRequiredForCapitalAdequacyToAverageAssets
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CY2019Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized
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TierOneLeverageCapitalRequiredToBeWellCapitalized
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CY2019Q2 us-gaap Tier One Leverage Capital Required To Be Well Capitalized To Average Assets
TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
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TierOneLeverageCapitalRequiredToBeWellCapitalizedToAverageAssets
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CY2019Q2 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
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CY2018Q4 us-gaap Tier One Leverage Capital To Average Assets
TierOneLeverageCapitalToAverageAssets
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TierOneRiskBasedCapital
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TierOneRiskBasedCapital
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CY2019Q2 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
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CY2018Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy
TierOneRiskBasedCapitalRequiredForCapitalAdequacy
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CY2019Q2 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
0.06
CY2018Q4 us-gaap Tier One Risk Based Capital Required For Capital Adequacy To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredForCapitalAdequacyToRiskWeightedAssets
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CY2019Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
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CY2018Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized
TierOneRiskBasedCapitalRequiredToBeWellCapitalized
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CY2019Q2 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
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CY2018Q4 us-gaap Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets
TierOneRiskBasedCapitalRequiredToBeWellCapitalizedToRiskWeightedAssets
0.08
CY2019Q2 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
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CY2018Q4 us-gaap Tier One Risk Based Capital To Risk Weighted Assets
TierOneRiskBasedCapitalToRiskWeightedAssets
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us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
us-gaap Transfer Of Portfolio Loans And Leases To Held For Sale1
TransferOfPortfolioLoansAndLeasesToHeldForSale1
410000
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="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="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"><div style="display: inline; font-style: italic;"><div style="display: inline; font-weight: bold;">Use of Estimates</div></div></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles 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 revenues and expenses during the reporting period. Actual results could differ from those estimates.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans. In connection with the determination of the allowances for loan and foreclosed real estate losses, management obtains independent appraisals for significant properties.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;"></div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">Substantially all of the Bank&#x2019;s loan portfolio consists of loans in its market area. Accordingly, the ultimate collectability of a substantial portion of the Bank&#x2019;s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate are susceptible to changes in local market conditions. The regional economy is diverse, but influenced to an extent by the manufacturing and agricultural segments.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">While management uses available information to recognize loan and foreclosed real estate losses, future additions to the allowances <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>be necessary based on changes in local economic conditions. In addition, regulatory agencies, as a part of their routine examination process, periodically review the Bank&#x2019;s allowances for loan and foreclosed real estate losses. Such agencies <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>require the Bank to recognize additions to the allowances based on their judgments about information available to them at the time of their examinations. Because of these factors, it is reasonably possible that the allowances for loan and foreclosed real estate losses <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>change materially in the near term.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Company seeks strategies that minimize the tax effect of implementing their business strategies. As such, judgments are made regarding the ultimate consequence of long-term tax planning strategies, including the likelihood of future recognition of deferred tax benefits. The Company&#x2019;s tax returns are subject to examination by both Federal and State authorities. Such examinations <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>result in the assessment of additional taxes, interest and penalties. As a result, the ultimate outcome, and the corresponding financial statement impact, can be difficult to predict with accuracy.</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">&nbsp;</div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">Accounting for pension benefits, costs and related liabilities are developed using actuarial valuations. These valuations include key assumptions determined by management, including the discount rate and expected long-term rate of return on plan assets. Material changes in pension costs <div style="display: inline; font-style: italic; font-weight: inherit; font-style: normal;"> may </div>occur in the future due to changes in these assumptions.</div></div></div></div></div></div></div></div></div></div></div>
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6209629
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5021376
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6206022
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5021376

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