2018 Q4 Form 10-Q Financial Statement

#000103877318000019 Filed on November 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue
YoY Change
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 $1.030M $610.0K
YoY Change 68.85% 8.93%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $4.208M $1.393M
YoY Change 202.07% 26.77%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $6.130M $5.629M $2.567M
YoY Change 56.78% 119.32% 0.33%
Income Tax -$310.0K $1.305M $881.7K
% Of Pretax Income -5.06% 23.18% 34.35%
Net Earnings $6.430M $4.324M $1.685M
YoY Change 15975.0% 156.64% 4.59%
Net Earnings / Revenue
Basic Earnings Per Share $0.34 $0.20
Diluted Earnings Per Share $474.5K $0.34 $0.20
COMMON SHARES
Basic Shares Outstanding 13.93M shares 12.72M shares 8.235M shares
Diluted Shares Outstanding 12.82M shares 8.321M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $199.6M
YoY Change 1.23%
Cash & Equivalents $115.8M $130.1M $84.10M
Short-Term Investments $115.5M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $56.01M $51.14M $33.78M
YoY Change 30.26% 51.4% 21.23%
Goodwill $66.09M
YoY Change 73.7%
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 $2.274B $2.051B $1.136B
YoY Change 32.17% 80.57% 9.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $11.80M $16.80M $26.50M
YoY Change -51.04% -36.6% 9.5%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $11.80M $16.80M $26.50M
YoY Change -51.04% -36.6% 9.5%
LONG-TERM LIABILITIES
Long-Term Debt $39.20M $39.20M $0.00
YoY Change
Other Long-Term Liabilities $7.300M $10.70M $6.500M
YoY Change -16.09% 64.62% -13.33%
Total Long-Term Liabilities $46.50M $49.90M $6.500M
YoY Change 434.48% 667.69% -13.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.80M $16.80M $26.50M
Total Long-Term Liabilities $46.50M $49.90M $6.500M
Total Liabilities $1.991B $1.799B $999.2M
YoY Change 31.45% 80.07% 6.81%
SHAREHOLDERS EQUITY
Retained Earnings $39.99M $33.56M $21.65M
YoY Change 82.7% 54.98% 39.75%
Common Stock $13.93M $12.75M $8.243M
YoY Change 24.93% 54.68% 40.06%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $283.0M $251.6M $136.6M
YoY Change
Total Liabilities & Shareholders Equity $2.274B $2.051B $1.136B
YoY Change 32.17% 80.57% 9.14%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $6.430M $4.324M $1.685M
YoY Change 15975.0% 156.64% 4.59%
Depreciation, Depletion And Amortization $1.030M $610.0K
YoY Change 68.85% 8.93%
Cash From Operating Activities $1.710M $6.910M $240.0K
YoY Change 125.0% 2779.17% -92.55%
INVESTING ACTIVITIES
Capital Expenditures -$1.960M -$900.0K -$460.0K
YoY Change 76.58% 95.65% -81.45%
Acquisitions
YoY Change
Other Investing Activities -$13.86M -$27.66M $13.10M
YoY Change -45.02% -311.15% -179.11%
Cash From Investing Activities -$15.82M -$28.55M $12.63M
YoY Change -39.89% -326.05% -166.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -170.0K -18.49M -11.61M
YoY Change -100.31% 59.26% -536.47%
NET CHANGE
Cash From Operating Activities 1.710M 6.910M 240.0K
Cash From Investing Activities -15.82M -28.55M 12.63M
Cash From Financing Activities -170.0K -18.49M -11.61M
Net Change In Cash -14.28M -40.13M 1.260M
YoY Change -149.38% -3284.92% -109.57%
FREE CASH FLOW
Cash From Operating Activities $1.710M $6.910M $240.0K
Capital Expenditures -$1.960M -$900.0K -$460.0K
Free Cash Flow $3.670M $7.810M $700.0K
YoY Change 96.26% 1015.71% -87.72%

Facts In Submission

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DebtSecuritiesAvailableForSaleRealizedLoss
1780 USD
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1780 USD
us-gaap Debt Securities Available For Sale Realized Loss
DebtSecuritiesAvailableForSaleRealizedLoss
1200 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
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117638000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
143801000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
1787000 USD
CY2018Q3 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
5048000 USD
CY2017Q3 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
143508 USD
us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
143508 USD
CY2018Q3 us-gaap Debt Securities Realized Gain Loss
DebtSecuritiesRealizedGainLoss
0 USD
CY2018Q3 us-gaap Deposits
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1707311346 USD
CY2017Q4 us-gaap Deposits Savings Deposits
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543644830 USD
CY2018Q3 us-gaap Deposits Savings Deposits
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570171632 USD
us-gaap Depreciation And Amortization
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1776958 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2943067 USD
us-gaap Dividends Preferred Stock
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195000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.20
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.34
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.59
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.34
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.96
CY2017Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
101665 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
315951 USD
CY2018Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
158200 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
577412 USD
CY2017Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
24054730 USD
CY2018Q3 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
16786492 USD
CY2017Q4 us-gaap Federal Funds Sold
FederalFundsSold
6964000 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
0 USD
CY2018Q3 us-gaap Federal Funds Sold
FederalFundsSold
0 USD
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0 contract
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FinancingReceivableRecordedInvestmentCurrent
1550288000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1764000 USD
CY2018Q3 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
285000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
2826000 USD
CY2017Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
1285195000 USD
CY2018Q3 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
1843000 USD
CY2017Q4 us-gaap Foreclosed Assets
ForeclosedAssets
3254392 USD
CY2017Q4 us-gaap Foreclosed Assets
ForeclosedAssets
3254000 USD
CY2018Q3 us-gaap Foreclosed Assets
ForeclosedAssets
4230000 USD
CY2018Q3 us-gaap Foreclosed Assets
ForeclosedAssets
4230451 USD
CY2017Q3 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
47178 USD
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
72763 USD
CY2018Q3 us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
79243 USD
us-gaap Foreclosed Real Estate Expense
ForeclosedRealEstateExpense
508303 USD
us-gaap Gains Losses On Sales Of Other Real Estate
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-42314 USD
us-gaap Gains Losses On Sales Of Other Real Estate
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-434299 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
0 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
15790958 USD
CY2018Q3 us-gaap Hedged Asset Fair Value Hedge
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27639000 USD
CY2018Q3 us-gaap Hedged Asset Fair Value Hedge Cumulative Increase Decrease
HedgedAssetFairValueHedgeCumulativeIncreaseDecrease
7000 USD
CY2017 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
2005000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
3129000 USD
CY2017 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
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129000 USD
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
84000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
2657000 USD
CY2018Q3 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
3620000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
461000 USD
CY2018Q3 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
3763000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2566614 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
7530300 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5629056 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
15210544 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
881745 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2553293 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1305096 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3540258 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
2795584 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
726000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
38985 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
677883 USD
us-gaap Increase Decrease In Deposits
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26234084 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
65879196 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-80212 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-7268238 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
38172 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
227650 USD
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IncreaseDecreaseInOtherOperatingCapitalNet
-2427408 USD
CY2017Q3 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
0 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-5026836 USD
CY2017Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
483411 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1291969 USD
CY2018Q3 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
407192 USD
us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
1533948 USD
CY2017Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
11491016 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
32448666 USD
CY2018Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
21571378 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
61451480 USD
CY2017Q3 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
739905 USD
us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
2092948 USD
CY2018Q3 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
1326310 USD
us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
3573243 USD
CY2017Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
41965597 USD
CY2018Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
87728951 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
1393059 USD
us-gaap Interest Expense
InterestExpense
3790844 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
4208204 USD
us-gaap Interest Expense
InterestExpense
10230300 USD
CY2017Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
1373236 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
3712326 USD
CY2018Q3 us-gaap Interest Expense Deposits
InterestExpenseDeposits
3968613 USD
us-gaap Interest Expense Deposits
InterestExpenseDeposits
9607966 USD
CY2017Q3 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
15054 USD
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
46593 USD
CY2018Q3 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
11697 USD
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
35106 USD
CY2018Q3 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
18750 USD
us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
18750 USD
CY2017Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
10894129 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
30647501 USD
CY2018Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18557827 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
53601772 USD
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
10924129 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
30987983 USD
CY2018Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18859503 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
55208846 USD
CY2017Q3 us-gaap Interest Income Operating
InterestIncomeOperating
12317188 USD
us-gaap Interest Income Operating
InterestIncomeOperating
34778827 USD
CY2018Q3 us-gaap Interest Income Operating
InterestIncomeOperating
23068000 USD
CY2018Q3 us-gaap Interest Income Operating
InterestIncomeOperating
23067707 USD
us-gaap Interest Income Operating
InterestIncomeOperating
65439000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
65439146 USD
us-gaap Interest Paid Net
InterestPaidNet
3742255 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1528306 USD
CY2018Q3 us-gaap Noninterest Expense
NoninterestExpense
14759352 USD
us-gaap Noninterest Expense
NoninterestExpense
43295164 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
39293706 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
77021708 USD
us-gaap Interest Paid Net
InterestPaidNet
10002650 USD
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InvestmentOwnedRestrictedCost
6430700 USD
CY2018Q3 us-gaap Investment Owned Restricted Cost
InvestmentOwnedRestrictedCost
10735550 USD
CY2017Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5035443 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
14471602 USD
CY2018Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7933610 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
22758511 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1514918842 USD
CY2018Q3 us-gaap Liabilities
Liabilities
1799304184 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1720770682 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2050946047 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5105000 USD
CY2017Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5498000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5393000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5860291 USD
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
5860000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7074000 USD
CY2018Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7156000 USD
CY2018Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
7156025 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1323258000 USD
CY2018Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1585194000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1317398000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1317397909 USD
CY2018Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1578038000 USD
CY2018Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1578037643 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5875378 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16643970 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1684869 USD
us-gaap Net Income Loss
NetIncomeLoss
4977007 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
4323960 USD
us-gaap Net Income Loss
NetIncomeLoss
11670286 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1684869 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4782007 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
4323960 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11670286 USD
CY2017Q4 us-gaap Noninterest Bearing Deposit Liabilities
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220520287 USD
CY2018Q3 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
301197142 USD
CY2017Q3 us-gaap Noninterest Expense
NoninterestExpense
9574453 USD
us-gaap Noninterest Expense
NoninterestExpense
26563591 USD
us-gaap Proceeds From Issuance Of Subordinated Long Term Debt
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0 USD
CY2017Q1 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
12000000 USD
CY2017Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
195000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
195000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments To Acquire Available For Sale Securities Debt
PaymentsToAcquireAvailableForSaleSecuritiesDebt
3000000 USD
CY2017Q3 us-gaap Noninterest Income
NoninterestIncome
1246938 USD
us-gaap Noninterest Income
NoninterestIncome
3446390 USD
CY2018Q3 us-gaap Noninterest Income
NoninterestIncome
1830581 USD
us-gaap Noninterest Income
NoninterestIncome
4903936 USD
CY2017Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
352014 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
894689 USD
CY2018Q3 us-gaap Noninterest Income Other
NoninterestIncomeOther
570155 USD
us-gaap Noninterest Income Other
NoninterestIncomeOther
1600809 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
5 segment
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OtherAssets
13232247 USD
CY2018Q3 us-gaap Other Assets
OtherAssets
13319698 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-126287 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
628437 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-700241 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
88975 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
88975 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-920 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
54533 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
54533 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
-280 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-37312 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
717412 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-700241 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-2468879 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-23286 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
444467 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-206565 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-786997 USD
CY2017Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
50836840 USD
CY2018Q3 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
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CY2017Q4 us-gaap Other Liabilities
OtherLiabilities
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CY2018Q3 us-gaap Other Liabilities
OtherLiabilities
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CY2017Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1399916 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
3516179 USD
CY2018Q3 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1800077 USD
us-gaap Other Noninterest Expense
OtherNoninterestExpense
5257535 USD
us-gaap Payments For Proceeds From Loans Receivable
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31226948 USD
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
79703914 USD
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
1049878 USD
us-gaap Payments To Acquire Business Two Net Of Cash Acquired
PaymentsToAcquireBusinessTwoNetOfCashAcquired
-5653304 USD
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
10000000 USD
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
0 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
12507860 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
41803759 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1693323 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1885093 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
452750 USD
us-gaap Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
3840550 USD
CY2016Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.09
CY2015 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.01
CY2015 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
120000 USD
CY2016 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1022000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
195000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
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us-gaap Prior Period Reclassification Adjustment Description
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Reclassifications:</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain captions and amounts in the 2017 consolidated financial statements were reclassified to conform to the 2018 presentation and these reclassifications had no impact on net income or equity as previously reported.</font></div></div>
us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;text-decoration:underline;">Basis of Presentation and Accounting Estimates:</font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">All adjustments consisting of normal recurring accruals, that in the opinion of management, are necessary for a fair presentation of the financial position and the results of operations for the periods covered by the report have been included. The accompanying unaudited consolidated financial statements and related notes should be read in conjunction with those appearing in the most recent Annual Report previously filed on Form 10-K.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant intercompany balances and transactions have been eliminated in consolidation.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In preparing the consolidated financial statements in conformity with accounting principles generally accepted in the U.S, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet, and reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the valuation of foreclosed assets and deferred taxes, other-than-temporary impairments of securities, and the fair value of financial instruments.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The determination of the adequacy of the allowance for loan losses is based on estimates that are particularly susceptible to significant changes in the economic environment and market conditions. In connection with the determination of the estimated losses on loans, management obtains independent appraisals for significant collateral.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s loans are generally secured by specific items of collateral including real property, consumer assets, and business assets. Although the Company has a diversified loan portfolio, a substantial portion of its debtors&#8217; ability to honor their contracts is dependent on local economic conditions.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">While management uses available information to recognize losses on loans, further reductions in the carrying amounts of loans may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans. Such agencies may require the Company to recognize additional losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated losses on loans may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated.</font></div></div>

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