2014 Q2 Form 10-Q Financial Statement

#000114420414050093 Filed on August 14, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
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 $140.0K $130.0K
YoY Change 7.69% 8.33%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $725.3K $919.6K
YoY Change -21.12% -24.45%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $666.0K $652.0K
YoY Change 2.14% 52.06%
Income Tax $256.5K $256.0K
% Of Pretax Income 38.51% 39.26%
Net Earnings $409.5K $396.0K
YoY Change 3.4% 27.51%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 6.627M shares 6.547M shares
Diluted Shares Outstanding 6.807M shares 6.659M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $102.4M $128.5M
YoY Change -20.33%
Cash & Equivalents $19.04M $28.70M
Short-Term Investments $83.35M $99.82M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $4.862M $5.200M
YoY Change -6.5% -7.14%
Goodwill
YoY Change
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 $419.9M $435.3M
YoY Change -3.54% 3.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $100.0K $100.0K
YoY Change 0.0% 0.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $21.90M $22.90M
YoY Change -4.37% -1.72%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $100.0K $100.0K
YoY Change 0.0% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.100M $1.200M
YoY Change -8.33% -14.29%
Total Long-Term Liabilities $1.100M $1.200M
YoY Change -8.33% -14.29%
TOTAL LIABILITIES
Total Short-Term Liabilities $100.0K $100.0K
Total Long-Term Liabilities $1.100M $1.200M
Total Liabilities $379.5M $395.1M
YoY Change -3.95% 2.86%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $40.40M $40.20M
YoY Change
Total Liabilities & Shareholders Equity $419.9M $435.3M
YoY Change -3.54% 3.42%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $409.5K $396.0K
YoY Change 3.4% 27.51%
Depreciation, Depletion And Amortization $140.0K $130.0K
YoY Change 7.69% 8.33%
Cash From Operating Activities $1.520M $900.0K
YoY Change 68.89% -40.0%
INVESTING ACTIVITIES
Capital Expenditures -$30.00K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $5.070M -$11.78M
YoY Change -143.04% 354.83%
Cash From Investing Activities $5.040M -$11.78M
YoY Change -142.78% 353.08%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -9.440M 3.680M
YoY Change -356.52% 19.48%
NET CHANGE
Cash From Operating Activities 1.520M 900.0K
Cash From Investing Activities 5.040M -11.78M
Cash From Financing Activities -9.440M 3.680M
Net Change In Cash -2.880M -7.200M
YoY Change -60.0% -463.64%
FREE CASH FLOW
Cash From Operating Activities $1.520M $900.0K
Capital Expenditures -$30.00K $0.00
Free Cash Flow $1.550M $900.0K
YoY Change 72.22% -40.4%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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Liabilities
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us-gaap Use Of Estimates
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: -1pt; MARGIN: 0pt 0px 0pt 1pt; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.15in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal" align="justify"><i>Use of Estimates</i>-The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the balance sheet date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the determination of the allowance for loan losses, foreclosed assets and deferred tax assets.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Prior Period Reclassification Adjustment Description
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-474341 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-214920 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
263482 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
249533 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
263482 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
186125 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-960374 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-107408 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-737823 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-401045 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-112215 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
714226 USD
CY2013Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-341792 USD
CY2014Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8438 USD
us-gaap Stock Option Plan Expense
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80000 USD
csbq Share Based Compensation Arrangement By Share Based Payment Award Options Grants Date Maximum Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsDateMaximumTerm
P10Y
CY2014Q2 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
83077201 USD
CY2013Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
91798028 USD
CY2013 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
763368 USD
us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
711043 USD
CY2013 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
352724 USD
us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
473637 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
0 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
900216 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
3077554 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
7159059 USD
CY2014Q2 csbq Available For Sale Securities Debt Maturities Before Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesBeforeWithoutSingleMaturityDateAmortizedCost
11136829 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateAmortizedCost
71940372 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
948320 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
3244206 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
7399066 USD
CY2014Q2 csbq Available For Sale Securities Debt Maturities Before Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesBeforeWithoutSingleMaturityDateFairValue
11591592 USD
CY2014Q2 us-gaap Available For Sale Securities Debt Maturities Without Single Maturity Date Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
71723015 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
0 USD
CY2014Q2 csbq Held To Maturity Securities Debt Maturities Before Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesBeforeWithoutSingleMaturityDateNetCarryingAmount
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
30993 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
0 USD
CY2014Q2 csbq Held To Maturity Securities Debt Maturities Before Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesBeforeWithoutSingleMaturityDateFairValue
0 USD
CY2014Q2 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateFairValue
31309 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-427124 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
87111 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-290725 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-131726 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
161489 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
152940 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
161489 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesTax
114076 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
19022474 USD
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
30808192 USD
CY2013 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
306371 USD
us-gaap Available For Sale Securities Continuous Unrealized Loss Position Less Than12 Months Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAggregateLosses
107748 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
23490622 USD
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
8761049 USD
CY2013 us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
46353 USD
us-gaap Available For Sale Securities Continuous Unrealized Loss Position12 Months Or Longer Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAggregateLosses
365889 USD
CY2014Q2 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
42513096 USD
CY2013Q4 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Fair Value
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionFairValue
39569241 USD
CY2013 us-gaap Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses
352724 USD
us-gaap Available For Sale Securities Continuous Unrealized Loss Position Aggregate Losses
AvailableForSaleSecuritiesContinuousUnrealizedLossPositionAggregateLosses
473637 USD
CY2014Q2 us-gaap Available For Sale Securities Pledged As Collateral
AvailableForSaleSecuritiesPledgedAsCollateral
75000000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5328170 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
9229167 USD
CY2014Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
292369000 USD
CY2013Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
289440000 USD
CY2012Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
6141000 USD
CY2013 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
4709000 USD
us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
880000 USD
CY2013 us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
1471000 USD
us-gaap Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
492000 USD
CY2013 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
300000 USD
CY2014Q2 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
8710000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
9895000 USD
CY2014Q2 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
8822000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
10060000 USD
CY2013 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
9541000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
9177000 USD
CY2013 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
519000 USD
us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeCashBasisMethod
223000 USD
CY2014Q2 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
1172000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
3895000 USD
CY2014Q2 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
1192000 USD
CY2013Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
3996000 USD
CY2014Q2 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
280000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
564000 USD
CY2013 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
6996000 USD
us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
2207000 USD
CY2013 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
261000 USD
us-gaap Impaired Financing Receivable With Related Allowance Interest Income Cash Basis Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeCashBasisMethod
44000 USD
CY2014Q2 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
9882000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
13790000 USD
CY2014Q2 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
10014000 USD
CY2013Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
14056000 USD
CY2014Q2 csbq Impaired Financing Receivable Related Allowance Total
ImpairedFinancingReceivableRelatedAllowanceTotal
280000 USD
CY2013Q4 csbq Impaired Financing Receivable Related Allowance Total
ImpairedFinancingReceivableRelatedAllowanceTotal
564000 USD
CY2013 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
16537000 USD
us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
11384000 USD
CY2013 us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
780000 USD
us-gaap Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
267000 USD
CY2014Q2 csbq Financing Receivable Recorded Investments30 To89 Days Past Due
FinancingReceivableRecordedInvestments30To89DaysPastDue
1641000 USD
CY2013Q4 csbq Financing Receivable Recorded Investments30 To89 Days Past Due
FinancingReceivableRecordedInvestments30To89DaysPastDue
2250000 USD
CY2014Q2 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
0 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Equal To Greater Than90 Days Past Due
FinancingReceivableRecordedInvestmentEqualToGreaterThan90DaysPastDue
0 USD
CY2014Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
2852000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
3566000 USD
CY2014Q2 csbq Financing Receivable Recorded Investment Past Due Including Nonaccrual Status
FinancingReceivableRecordedInvestmentPastDueIncludingNonaccrualStatus
4493000 USD
CY2013Q4 csbq Financing Receivable Recorded Investment Past Due Including Nonaccrual Status
FinancingReceivableRecordedInvestmentPastDueIncludingNonaccrualStatus
5816000 USD
CY2014Q2 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
287876000 USD
CY2013Q4 us-gaap Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
283624000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
80000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
191001 USD
us-gaap Dividends Preferred Stock
DividendsPreferredStock
750000 USD
csbq Accrection On Preferred Stock
AccrectionOnPreferredStock
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-107408 USD
csbq Description Of Banks Loan Grading Process
DescriptionOfBanksLoanGradingProcess
The Bank&#8217;s loan grading process is as follows:&#160;&#160;&#8901; All loans are assigned a loan grade at the time of origination by the relationship manager. Typically, a loan is assigned a loan grade of &#8220;pass&#8221; at origination. &#160;&#160;&#8901; Loan relationships greater than or equal to $500 thousand are reviewed by the Bank&#8217;s external loan review provider on an annual basis. &#160; &#160;&#8901; Additionally, the Bank&#8217;s external loan review provider samples other loan relationships between $100 thousand and $500 thousand with an emphasis on commercial and commercial real estate loans and insider loans. &#160;&#160;&#8901; The Bank&#8217;s internal loan review department samples approximately 33 percent of all other loan relationships less than $500 thousand on an annual basis for review.&#160; &#160;&#160;&#8901; If a loan is delinquent 60 days or more or a pattern of delinquency exists, the loan will be selected for review. &#160;&#160;&#8901; Generally, all loans on the Bank&#8217;s internal watchlist are reviewed annually by internal loan review or external loan review providers.
CY2014Q2 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
5006000 USD
CY2013Q4 us-gaap Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
5753000 USD
CY2014Q2 us-gaap Available For Sale Securities
AvailableForSaleSecurities
83314607 USD
CY2013Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
92208672 USD
CY2014Q2 csbq Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
892000 USD
CY2013Q4 csbq Impaired Loans Fair Value Disclosure
ImpairedLoansFairValueDisclosure
3331000 USD
CY2014Q2 csbq Foreclosed Assets Fair Value
ForeclosedAssetsFairValue
12996000 USD
CY2013Q4 csbq Foreclosed Assets Fair Value
ForeclosedAssetsFairValue
12926000 USD
CY2014Q2 us-gaap Marketable Securities
MarketableSecurities
83346000 USD
CY2013Q4 us-gaap Marketable Securities
MarketableSecurities
92243000 USD
CY2014Q2 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1243000 USD
CY2013Q4 us-gaap Cash Surrender Value Of Life Insurance
CashSurrenderValueOfLifeInsurance
1233000 USD
CY2014Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
19041000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
24852000 USD
CY2014Q2 csbq Marketable Securities Fair Value Disclosure
MarketableSecuritiesFairValueDisclosure
83346000 USD
CY2013Q4 csbq Marketable Securities Fair Value Disclosure
MarketableSecuritiesFairValueDisclosure
92244000 USD
CY2014Q2 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2323000 USD
CY2013Q4 us-gaap Investment In Federal Home Loan Bank Stock Fair Value Disclosure
InvestmentInFederalHomeLoanBankStockFairValueDisclosure
2323000 USD
CY2014Q2 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
289587000 USD
CY2013Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
287411000 USD
CY2014Q2 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
1243000 USD
CY2013Q4 us-gaap Cash Surrender Value Fair Value Disclosure
CashSurrenderValueFairValueDisclosure
1233000 USD
CY2014Q2 csbq Accrued Interest Receivable Fair Value Disclosure
AccruedInterestReceivableFairValueDisclosure
1083000 USD
CY2013Q4 csbq Accrued Interest Receivable Fair Value Disclosure
AccruedInterestReceivableFairValueDisclosure
978000 USD
CY2014Q2 csbq Noninterest Bearing Demand Deposits
NoninterestBearingDemandDeposits
65966000 USD
CY2013Q4 csbq Noninterest Bearing Demand Deposits
NoninterestBearingDemandDeposits
75207000 USD
CY2014Q2 csbq Interest Bearing Demand Deposits
InterestBearingDemandDeposits
26242000 USD
CY2013Q4 csbq Interest Bearing Demand Deposits
InterestBearingDemandDeposits
24564000 USD
CY2014Q2 csbq Savings Deposits And Money Market Accounts Fair Value
SavingsDepositsAndMoneyMarketAccountsFairValue
82269000 USD
CY2013Q4 csbq Savings Deposits And Money Market Accounts Fair Value
SavingsDepositsAndMoneyMarketAccountsFairValue
86330000 USD
CY2014Q2 csbq Time Deposits Fair Value
TimeDepositsFairValue
158216000 USD
CY2013Q4 csbq Time Deposits Fair Value
TimeDepositsFairValue
156698000 USD
CY2014Q2 us-gaap Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
21913000 USD
CY2013Q4 us-gaap Federal Funds Purchased And Securities Loaned Or Sold Under Agreements To Repurchase Fair Value Disclosure
FederalFundsPurchasedAndSecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure
22974000 USD
CY2014Q2 csbq Federal Home Loan Bank Advances And Other Borrowings Fair Value
FederalHomeLoanBankAdvancesAndOtherBorrowingsFairValue
25497000 USD
CY2013Q4 csbq Federal Home Loan Bank Advances And Other Borrowings Fair Value
FederalHomeLoanBankAdvancesAndOtherBorrowingsFairValue
27449000 USD
CY2014Q2 csbq Accrued Interest Payable Fair Value Disclosure
AccruedInterestPayableFairValueDisclosure
80000 USD
CY2013Q4 csbq Accrued Interest Payable Fair Value Disclosure
AccruedInterestPayableFairValueDisclosure
82000 USD
CY2014Q2 csbq Commitments To Extend Credit
CommitmentsToExtendCredit
0 USD
CY2013Q4 csbq Commitments To Extend Credit
CommitmentsToExtendCredit
0 USD
CY2014Q2 csbq Letters Of Credit
LettersOfCredit
0 USD
CY2013Q4 csbq Letters Of Credit
LettersOfCredit
0 USD
CY2014Q2 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2013Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2014Q2 csbq Commitments To Extend Credit Fair Value Disclosure
CommitmentsToExtendCreditFairValueDisclosure
0 USD
CY2013Q4 csbq Commitments To Extend Credit Fair Value Disclosure
CommitmentsToExtendCreditFairValueDisclosure
0 USD
CY2014Q2 csbq Letters Of Credit Fair Value Disclosure
LettersOfCreditFairValueDisclosure
0 USD
CY2013Q4 csbq Letters Of Credit Fair Value Disclosure
LettersOfCreditFairValueDisclosure
0 USD
CY2014Q2 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
0 USD
CY2013Q4 us-gaap Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
0 USD
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
80324 shares
us-gaap Depreciation And Amortization
DepreciationAndAmortization
217661 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
246093 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
300000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
515000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
64528 USD
us-gaap Share Based Compensation
ShareBasedCompensation
80000 USD
csbq Other Gains And Losses Of Asset Net
OtherGainsAndLossesOfAssetNet
201582 USD
csbq Other Gains And Losses Of Asset Net
OtherGainsAndLossesOfAssetNet
25443 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-60851 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
104597 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-27094 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-2243 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1096992 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1240336 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
1934544 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
2368307 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
21494189 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
12673540 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
5012 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
3182 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
46297289 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
3603228 USD
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
-1822518 USD
us-gaap Proceeds From Loan And Lease Originations And Principal Collections1
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections1
-4152593 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3254 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
62878 USD
csbq Proceeds From Sale Of Foreclosed Assets And Other Assets
ProceedsFromSaleOfForeclosedAssetsAndOtherAssets
2398465 USD
csbq Proceeds From Sale Of Foreclosed Assets And Other Assets
ProceedsFromSaleOfForeclosedAssetsAndOtherAssets
325144 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-24225395 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
5183167 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-5681328 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
-10002373 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
3319677 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-1060982 USD
csbq Repayment Of Federal Home Loan Bank Advances And Other Borrowings
RepaymentOfFederalHomeLoanBankAdvancesAndOtherBorrowings
5435000 USD
csbq Repayment Of Federal Home Loan Bank Advances And Other Borrowings
RepaymentOfFederalHomeLoanBankAdvancesAndOtherBorrowings
1740000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
683893 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
750000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
77019 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
191001 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-8403525 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-13362354 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-30694376 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-5810880 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
59395238 USD
CY2013Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
28700862 USD
us-gaap Interest Paid
InterestPaid
1908364 USD
us-gaap Interest Paid
InterestPaid
1450201 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
80010 USD
us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
1604806 USD
us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
1316064 USD
csbq Financed Sales Of Foreclosed Assets
FinancedSalesOfForeclosedAssets
1329400 USD
csbq Financed Sales Of Foreclosed Assets
FinancedSalesOfForeclosedAssets
433750 USD
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Registrant Name
EntityRegistrantName
CORNERSTONE BANCSHARES INC
dei Entity Central Index Key
EntityCentralIndexKey
0001038773
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Trading Symbol
TradingSymbol
CSBQ
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
6627398 shares

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