2017 Q4 Form 10-Q Financial Statement
#000071456217000081 Filed on November 08, 2017
Income Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
Revenue | $28.81M | $27.45M | |
YoY Change | 4.94% | -0.55% | |
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 | $1.080M | $1.080M | $1.180M |
YoY Change | -15.63% | -8.47% | -12.59% |
% of Gross Profit | |||
Operating Expenses | |||
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | $1.734M | $1.697M | $1.099M |
YoY Change | 47.83% | 54.41% | 7.01% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $12.65M | $12.18M | $11.18M |
YoY Change | 8.12% | 8.96% | -1.31% |
Income Tax | $3.750M | $3.385M | $3.015M |
% Of Pretax Income | 29.64% | 27.79% | 26.98% |
Net Earnings | $2.616M | $8.794M | $8.162M |
YoY Change | -68.65% | 7.74% | -2.81% |
Net Earnings / Revenue | 30.53% | 29.73% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $214.1K | $719.3K | $669.4K |
COMMON SHARES | |||
Basic Shares Outstanding | 12.22M shares | 12.22M shares | 12.19M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $74.11M | $61.00M | $67.40M |
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 | $48.27M | $47.29M | $49.69M |
YoY Change | -1.97% | -4.83% | -2.25% |
Goodwill | $34.36M | $34.36M | $34.36M |
YoY Change | 0.0% | 0.0% | -13.0% |
Intangibles | $1.630M | $1.744M | $2.253M |
YoY Change | -22.71% | -22.59% | -33.24% |
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 | $3.001B | $2.982B | $3.019B |
YoY Change | 0.41% | -1.22% | 2.6% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $57.70M | $23.50M | $31.40M |
YoY Change | -28.77% | -25.16% | 34.76% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $57.70M | $23.50M | $31.40M |
YoY Change | -28.77% | -25.16% | 34.76% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $70.80M | $61.90M | $76.20M |
YoY Change | 9.77% | -18.77% | -3.67% |
Total Long-Term Liabilities | $70.80M | $61.90M | $76.20M |
YoY Change | 9.77% | -18.77% | -3.67% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $57.70M | $23.50M | $31.40M |
Total Long-Term Liabilities | $70.80M | $61.90M | $76.20M |
Total Liabilities | $2.587B | $2.539B | $2.597B |
YoY Change | 0.5% | -2.24% | 2.47% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | $420.3M | $442.2M | $419.6M |
YoY Change | -0.37% | 5.4% | 6.29% |
Common Stock | $77.45M | $76.88M | $75.73M |
YoY Change | 1.44% | 1.52% | 1.33% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $69.45M | $70.12M | $70.53M |
YoY Change | -0.24% | -0.58% | 35.25% |
Treasury Stock Shares | 2.349M shares | 2.372M shares | 2.386M shares |
Shareholders Equity | $413.6M | $443.6M | $422.4M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.001B | $2.982B | $3.019B |
YoY Change | 0.41% | -1.22% | 2.6% |
Cashflow Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.616M | $8.794M | $8.162M |
YoY Change | -68.65% | 7.74% | -2.81% |
Depreciation, Depletion And Amortization | $1.080M | $1.080M | $1.180M |
YoY Change | -15.63% | -8.47% | -12.59% |
Cash From Operating Activities | $14.31M | $21.87M | $15.50M |
YoY Change | 3.85% | 41.1% | 15.76% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.940M | $40.00K | -$1.360M |
YoY Change | 181.16% | -102.94% | -17.07% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$20.34M | -$7.360M | -$49.19M |
YoY Change | -460.64% | -85.04% | -221.67% |
Cash From Investing Activities | -$22.28M | -$7.330M | -$50.56M |
YoY Change | -550.1% | -85.5% | -230.34% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $264.0K | ||
YoY Change | -93.9% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 21.08M | -8.920M | 47.02M |
YoY Change | -289.57% | -118.97% | -194.97% |
NET CHANGE | |||
Cash From Operating Activities | 14.31M | 21.87M | 15.50M |
Cash From Investing Activities | -22.28M | -7.330M | -50.56M |
Cash From Financing Activities | 21.08M | -8.920M | 47.02M |
Net Change In Cash | 13.11M | 5.620M | 11.96M |
YoY Change | 72.27% | -53.01% | 347.94% |
FREE CASH FLOW | |||
Cash From Operating Activities | $14.31M | $21.87M | $15.50M |
Capital Expenditures | -$1.940M | $40.00K | -$1.360M |
Free Cash Flow | $16.25M | $21.83M | $16.86M |
YoY Change | 12.3% | 29.48% | 12.18% |
Facts In Submission
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|
0.125 | |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
40000000 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
40000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14578758 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
14595320 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
12216712 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
12223750 | shares |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1820000 | USD |
CY2017Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1822000 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
9243000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
37058000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
8927000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
35248000 | USD | |
CY2016Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
|
2500000 | USD |
CY2016Q4 | us-gaap |
Defined Benefit Plan Expected Future Benefit Payments Remainder Of Fiscal Year
DefinedBenefitPlanExpectedFutureBenefitPaymentsRemainderOfFiscalYear
|
858000 | USD |
CY2016Q4 | us-gaap |
Deposits
Deposits
|
2428526000 | USD |
CY2017Q3 | us-gaap |
Deposits
Deposits
|
2453411000 | USD |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
3685000 | USD | |
us-gaap |
Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
|
3352000 | USD | |
CY2016Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
0 | USD |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6117000 | USD | |
CY2017Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
0 | USD |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
6112000 | USD | |
CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.67 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
2.43 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.72 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
2.17 | ||
CY2016Q3 | us-gaap |
Equipment Expense
EquipmentExpense
|
1878000 | USD |
us-gaap |
Equipment Expense
EquipmentExpense
|
5523000 | USD | |
CY2017Q3 | us-gaap |
Equipment Expense
EquipmentExpense
|
1792000 | USD |
us-gaap |
Equipment Expense
EquipmentExpense
|
5424000 | USD | |
CY2016 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
0 | USD |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
0 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Earnings1
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
|
0 | USD | |
CY2016 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
-2066000 | USD |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
1547000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Loss Included In Other Comprehensive Income Loss
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
|
1690000 | USD | |
CY2016 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
|
0 | USD |
CY2016 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
|
956000 | USD |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
|
138000 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
|
896000 | USD | |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
|
0 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Transfers Net
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
|
0 | USD | |
CY2015Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
19600000 | USD |
CY2016Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
16578000 | USD |
CY2017Q2 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
15963000 | USD |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
|
17372000 | USD |
CY2016Q3 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
356000 | USD |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
1210000 | USD | |
CY2017Q3 | us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
228000 | USD |
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
689000 | USD | |
CY2016Q4 | us-gaap |
Federal Funds Purchased
FederalFundsPurchased
|
49982000 | USD |
CY2017Q3 | us-gaap |
Federal Funds Purchased
FederalFundsPurchased
|
1300000 | USD |
CY2016Q4 | us-gaap |
Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
|
80989000 | USD |
CY2017Q3 | us-gaap |
Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
|
23514000 | USD |
CY2016Q4 | us-gaap |
Federal Funds Sold
FederalFundsSold
|
6952000 | USD |
CY2017Q3 | us-gaap |
Federal Funds Sold
FederalFundsSold
|
9398000 | USD |
CY2016Q4 | us-gaap |
Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
|
132000 | USD |
CY2017Q3 | us-gaap |
Federal Home Loan Bank Advances Branch Of Fhlb Bank Amount Of Advances By Branch
FederalHomeLoanBankAdvancesBranchOfFHLBBankAmountOfAdvancesByBranch
|
0 | USD |
CY2016Q3 | us-gaap |
Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
|
2765000 | USD |
us-gaap |
Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
|
7870000 | USD | |
CY2017Q3 | us-gaap |
Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
|
3048000 | USD |
us-gaap |
Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
|
8829000 | USD | |
CY2016Q3 | us-gaap |
Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
|
1270000 | USD |
us-gaap |
Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
|
3896000 | USD | |
CY2017Q3 | us-gaap |
Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
|
1194000 | USD |
us-gaap |
Fees And Commissions Fiduciary And Trust Activities
FeesAndCommissionsFiduciaryAndTrustActivities
|
3660000 | USD | |
CY2016Q3 | us-gaap |
Fees And Commissions Other
FeesAndCommissionsOther
|
3062000 | USD |
us-gaap |
Fees And Commissions Other
FeesAndCommissionsOther
|
9211000 | USD | |
CY2017Q3 | us-gaap |
Fees And Commissions Other
FeesAndCommissionsOther
|
3070000 | USD |
us-gaap |
Fees And Commissions Other
FeesAndCommissionsOther
|
9369000 | USD | |
CY2016Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
18442000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses Collectively Evaluated For Impairment
FinancingReceivableAllowanceForCreditLossesCollectivelyEvaluatedForImpairment
|
19366000 | USD |
CY2016Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
331000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses Individually Evaluated For Impairment1
FinancingReceivableAllowanceForCreditLossesIndividuallyEvaluatedForImpairment1
|
436000 | USD |
CY2016Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
1203000 | USD |
us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
2973000 | USD | |
CY2017Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
901000 | USD |
us-gaap |
Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
|
3536000 | USD | |
CY2016Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
2724000 | USD |
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
6206000 | USD | |
CY2017Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
1964000 | USD |
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
6328000 | USD | |
CY2016Q4 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
1831594000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Collectively Evaluated For Impairment
FinancingReceivableCollectivelyEvaluatedForImpairment
|
1860611000 | USD |
CY2016Q4 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
8600000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Individually Evaluated For Impairment
FinancingReceivableIndividuallyEvaluatedForImpairment
|
10399000 | USD |
CY2015Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
9860000 | USD |
CY2016Q2 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
9155000 | USD |
CY2016Q3 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
8886000 | USD |
CY2016Q4 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
8565000 | USD |
CY2017Q2 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
7984000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Modifications Recorded Investment
FinancingReceivableModificationsRecordedInvestment
|
7424000 | USD |
CY2016Q4 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
1829539000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Recorded Investment Current
FinancingReceivableRecordedInvestmentCurrent
|
1858465000 | USD |
CY2016Q4 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
15501000 | USD |
CY2017Q3 | us-gaap |
Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
|
14442000 | USD |
CY2016Q3 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
522000 | USD |
us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
1407000 | USD | |
CY2017Q3 | us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
535000 | USD |
us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
1255000 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
13000 | USD |
us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
26000 | USD | |
CY2017Q3 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
27000 | USD |
us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
44000 | USD | |
us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
-89000 | USD | |
us-gaap |
Gains Losses On Sales Of Other Real Estate
GainsLossesOnSalesOfOtherRealEstate
|
-61000 | USD | |
CY2016Q4 | us-gaap |
Goodwill
Goodwill
|
34355000 | USD |
CY2017Q3 | us-gaap |
Goodwill
Goodwill
|
34355000 | USD |
CY2016Q3 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
10125000 | USD |
us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
9530000 | USD | |
CY2016 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
9343000 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
9388000 | USD |
us-gaap |
Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
|
8309000 | USD | |
CY2016Q3 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
0 | USD |
us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
0 | USD | |
CY2016 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
0 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
0 | USD |
us-gaap |
Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
|
0 | USD | |
CY2016Q3 | us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
0 | USD |
us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
0 | USD | |
CY2016 | us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
0 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
0 | USD |
us-gaap |
Impaired Financing Receivable Interest Income Cash Basis Method
ImpairedFinancingReceivableInterestIncomeCashBasisMethod
|
0 | USD | |
CY2016Q4 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
8600000 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
|
10399000 | USD |
CY2016Q4 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
331000 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
|
436000 | USD |
CY2016Q4 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
9107000 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
|
10600000 | USD |
CY2016Q4 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
1387000 | USD |
CY2017Q3 | us-gaap |
Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
|
1330000 | USD |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
11177000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
46596000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
12179000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
37107000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3015000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
16527000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
3385000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
10592000 | USD | |
us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
36823000 | USD | |
us-gaap |
Increase Decrease In Deposits
IncreaseDecreaseInDeposits
|
24880000 | USD | |
us-gaap |
Increase Decrease In Federal Funds Sold
IncreaseDecreaseInFederalFundsSold
|
-34690000 | USD | |
us-gaap |
Increase Decrease In Federal Funds Sold
IncreaseDecreaseInFederalFundsSold
|
-2446000 | USD | |
CY2016Q3 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
35000 | USD |
us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
2340000 | USD | |
CY2017Q3 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
33000 | USD |
us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
91000 | USD | |
CY2016Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
2109000 | USD |
CY2017Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
1744000 | USD |
CY2016Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
27450000 | USD |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
81801000 | USD | |
CY2017Q3 | us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
28805000 | USD |
us-gaap |
Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
|
84779000 | USD | |
CY2016Q3 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
21753000 | USD |
us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
64208000 | USD | |
CY2017Q3 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
23119000 | USD |
us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
67385000 | USD | |
CY2017Q3 | us-gaap |
Interest Bearing Deposit Liabilities Domestic
InterestBearingDepositLiabilitiesDomestic
|
1974048000 | USD |
CY2016Q4 | us-gaap |
Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
|
43759000 | USD |
CY2017Q3 | us-gaap |
Interest Bearing Domestic Deposit Certificates Of Deposits
InterestBearingDomesticDepositCertificatesOfDeposits
|
41156000 | USD |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
1099000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
3234000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
1697000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
4604000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
1016000 | USD |
us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
3033000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
1561000 | USD |
us-gaap |
Interest Expense Deposits
InterestExpenseDeposits
|
4307000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
32000 | USD |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
101000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
38000 | USD |
us-gaap |
Interest Expense Other
InterestExpenseOther
|
82000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
51000 | USD |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
100000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
98000 | USD |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
215000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
25260000 | USD |
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
76206000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
25923000 | USD |
us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
76354000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
26351000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
78567000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
27108000 | USD |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
80175000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
|
1826000 | USD |
us-gaap |
Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
|
5466000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
|
1859000 | USD |
us-gaap |
Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
|
5529000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
3506000 | USD |
us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
11031000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
3500000 | USD |
us-gaap |
Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
|
10887000 | USD | |
CY2016Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
12311000 | USD |
CY2017Q3 | us-gaap |
Interest Receivable
InterestReceivable
|
13364000 | USD |
CY2016Q4 | us-gaap |
Interestbearing Domestic Deposit Other
InterestbearingDomesticDepositOther
|
1820675000 | USD |
CY2016Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
12883000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
39620000 | USD | |
CY2017Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
12790000 | USD |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
38685000 | USD | |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
2574132000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
2538784000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2988527000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2982342000 | USD |
CY2015Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19946000 | USD |
CY2016Q2 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19504000 | USD |
CY2016Q3 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19074000 | USD |
CY2016Q4 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
18773000 | USD |
CY2017Q2 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19680000 | USD |
CY2017Q3 | us-gaap |
Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
|
19802000 | USD |
CY2016Q4 | us-gaap |
Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
|
-3206000 | USD |
CY2017Q3 | us-gaap |
Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
|
-3120000 | USD |
CY2016Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1835974000 | USD |
CY2017Q3 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
|
1863444000 | USD |
CY2015Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
|
5602000 | USD |
CY2016Q2 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
|
5368000 | USD |
CY2016Q4 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
|
4881000 | USD |
CY2017Q2 | us-gaap |
Loans And Leases Receivable Gross Carrying Amount Covered
LoansAndLeasesReceivableGrossCarryingAmountCovered
|
1983000 | USD |
CY2016Q4 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
1820407000 | USD |
CY2017Q3 | us-gaap |
Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
|
1846762000 | USD |
CY2016Q4 | us-gaap |
Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
|
1106182000 | USD |
CY2017Q3 | us-gaap |
Loans Receivable Commercial And Industrial
LoansReceivableCommercialAndIndustrial
|
1109098000 | USD |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-21299000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-14009000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
285000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-45450000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-48997000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4389000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
27413000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
35830000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8162000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
30069000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
8794000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
26515000 | USD | |
CY2016Q4 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
564092000 | USD |
CY2017Q3 | us-gaap |
Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
|
438207000 | USD |
CY2016Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
22006000 | USD |
us-gaap |
Noninterest Expense
NoninterestExpense
|
68113000 | USD | |
CY2017Q3 | us-gaap |
Noninterest Expense
NoninterestExpense
|
22284000 | USD |
us-gaap |
Noninterest Expense
NoninterestExpense
|
66949000 | USD | |
CY2016Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
7923000 | USD |
us-gaap |
Noninterest Income
NoninterestIncome
|
38503000 | USD | |
CY2017Q3 | us-gaap |
Noninterest Income
NoninterestIncome
|
8540000 | USD |
us-gaap |
Noninterest Income
NoninterestIncome
|
27702000 | USD | |
CY2016Q3 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
455000 | USD |
us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
931000 | USD | |
CY2017Q3 | us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
633000 | USD |
us-gaap |
Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
|
4454000 | USD | |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
CY2016Q3 | us-gaap |
Occupancy Net
OccupancyNet
|
1785000 | USD |
us-gaap |
Occupancy Net
OccupancyNet
|
5238000 | USD | |
CY2017Q3 | us-gaap |
Occupancy Net
OccupancyNet
|
1769000 | USD |
us-gaap |
Occupancy Net
OccupancyNet
|
5298000 | USD | |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
37789000 | USD |
CY2017Q3 | us-gaap |
Other Assets
OtherAssets
|
36114000 | USD |
CY2016Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
777000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
6077000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
-51000 | USD |
us-gaap |
Other Comprehensive Income Availableforsale Securities Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent
|
8182000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
-304000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
-912000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
-184000 | USD |
us-gaap |
Other Comprehensive Income Defined Benefit Plans Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentBeforeTaxPortionAttributableToParent
|
-551000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
786000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
6094000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
-33000 | USD |
us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
8211000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
1081000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
6989000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
133000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
8733000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
1081000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
6989000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
133000 | USD |
us-gaap |
Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
|
4350000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
8733000 | USD | |
CY2016Q3 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
365000 | USD |
us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
1096000 | USD | |
CY2017Q3 | us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
327000 | USD |
us-gaap |
Other Interest And Dividend Income
OtherInterestAndDividendIncome
|
978000 | USD | |
CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
64485000 | USD |
CY2017Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
61859000 | USD |
CY2016Q3 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
5104000 | USD |
us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
16522000 | USD | |
CY2017Q3 | us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
5705000 | USD |
us-gaap |
Other Noninterest Expense
OtherNoninterestExpense
|
16853000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
820000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1204000 | USD | |
CY2016Q4 | us-gaap |
Other Real Estate
OtherRealEstate
|
2531000 | USD |
CY2017Q3 | us-gaap |
Other Real Estate
OtherRealEstate
|
1866000 | USD |
CY2016Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Additions No Previous Impairment
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsAdditionsNoPreviousImpairment
|
0 | USD | |
CY2015Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
13995000 | USD |
CY2016Q2 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
13974000 | USD |
CY2016Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
13974000 | USD |
CY2016Q4 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
13974000 | USD |
CY2017Q2 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
7132000 | USD |
CY2017Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Credit Losses On Debt Securities Held
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCreditLossesOnDebtSecuritiesHeld
|
7132000 | USD |
CY2016Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
21000 | USD | |
CY2017Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Cash Flows
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsCashFlows
|
USD | ||
CY2016Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
0 | USD |
us-gaap |
Other Than Temporary Impairment Credit Losses Recognized In Earnings Reductions Securities Sold
OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsReductionsSecuritiesSold
|
6842000 | USD | |
us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
61262000 | USD | |
us-gaap |
Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
|
30771000 | USD | |
CY2016Q3 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
264000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
19396000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
503000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
12359000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
12220000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
83544000 | USD | |
us-gaap |
Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
|
87528000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
2358000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1036000 | USD | |
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
10000 | USD | |
us-gaap |
Payments To Acquire Restricted Investments
PaymentsToAcquireRestrictedInvestments
|
20000 | USD | |
us-gaap |
Proceeds From Federal Home Loan Bank Borrowings
ProceedsFromFederalHomeLoanBankBorrowings
|
170000000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
114941000 | USD | |
us-gaap |
Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
|
106993000 | USD | |
us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
-2461000 | USD | |
us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
-57475000 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
|
9105000 | USD | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
1031000 | USD | |
us-gaap |
Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
|
1314000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
49240000 | USD |
CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
47289000 | USD |
CY2016Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
1091000 | USD |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
2361000 | USD | |
CY2017Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
1185000 | USD |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
3821000 | USD | |
CY2016Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-295000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-895000 | USD | |
CY2017Q3 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-166000 | USD |
us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-522000 | USD | |
us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
6672000 | USD | |
us-gaap |
Repayments Of Federal Home Loan Bank Borrowings
RepaymentsOfFederalHomeLoanBankBorrowings
|
170132000 | USD | |
CY2016Q4 | us-gaap |
Restricted Investments
RestrictedInvestments
|
10359000 | USD |
CY2017Q3 | us-gaap |
Restricted Investments
RestrictedInvestments
|
10379000 | USD |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
513000 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
530000 | USD | |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
421826000 | USD |
CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
442229000 | USD |
CY2016Q4 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
31007000 | USD |
CY2017Q3 | us-gaap |
Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
|
22214000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
|
P3Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
20943 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
16562 | shares | |
CY2016Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
171000 | USD |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
513000 | USD | |
CY2017Q3 | us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
177000 | USD |
us-gaap |
Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
|
530000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
410316000 | USD |
CY2016Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
413224000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
422374000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
414395000 | USD |
CY2017Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
434454000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
443558000 | USD |
CY2016Q4 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
2362026 | shares |
CY2017Q3 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
2371570 | shares |
CY2016Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
7444 | shares |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
575224 | shares | |
CY2017Q3 | us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
0 | shares |
us-gaap |
Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
|
9524 | shares | |
CY2016Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
69612000 | USD |
CY2017Q3 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
70115000 | USD |
CY2016Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12186000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12356000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12224000 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
12221000 | shares | |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">New accounting standards</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounting Pronouncements Adopted:</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU No. 2016-09, "Improvements to Employee Share-Based Payment Accounting” includes provisions intended to simplify various aspects related to how share-based payments are accounted for and presented in the financial statements. Some of the key provisions of this new ASU include: (1) companies will no longer record excess tax benefits and certain tax deficiencies in additional paid-in capital (“APIC”). Instead, they will record all excess tax benefits and tax deficiencies as income tax expense or benefit in the income statement, and APIC pools will be eliminated. The guidance also eliminates the requirement that excess tax benefits be realized before companies can recognize them. In addition, the guidance requires companies to present excess tax benefits as an operating activity on the statement of cash flows rather than as a financing activity; (2) increase the amount an employer can withhold to cover income taxes on awards and still qualify for the exception to liability classification for shares used to satisfy the employer’s statutory income tax withholding obligation. The new guidance will also require an employer to classify the cash paid to a tax authority when shares are withheld to satisfy its statutory income tax withholding obligation as a financing activity on its statement of cash flows (current guidance did not specify how these cash flows should be classified); and (3) permit companies to make an accounting policy election for the impact of forfeitures on the recognition of expense for share-based payment awards. Forfeitures can be estimated, as required today, or recognized when they occur. The Corporation adopted ASU 2016-09 in the first quarter of 2017. The adoption of ASU No. 2016-09 did not have a material impact on the consolidated financial statements.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Recent Accounting Pronouncements:</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;">In May 2014, the FASB issued an update (ASU No. 2014-09, Revenue from Contracts with Customers) creating FASB Topic 606, Revenue from Contracts with Customers. The guidance in this update affects any entity that either enters into contracts with customers to transfer goods or services or enters into contracts for the transfer of nonfinancial assets unless those contracts are within the scope of other standards (for example, insurance contracts or lease contracts). The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides steps to follow to achieve the core principle. An entity should disclose sufficient information to enable users of financial statements to understand the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers. The amendments in this update become effective for annual periods and interim periods within those annual periods beginning after December 15, 2017. We do not expect the new standard to result in a material change from our current accounting for revenue because the majority of the Corporation’s revenue is not within the scope of Topic 606, but it will result in new disclosure requirements.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2016, the FASB issued ASU 2016-01, Recognition and Measurement of Financial Assets and Financial Liabilities, amending ASU Subtopic 825-10. The amendments in this update make targeted improvements to generally accepted accounting principles (GAAP) as follows: 1) Require equity investments to be measured at fair value with changes in fair value recognized in net income.; 2) Simplify the impairment assessment of equity investments without readily determinable fair values by requiring a qualitative assessment to identify impairment.; 3) Eliminate the requirement to disclose the fair value of financial instruments measured at amortized cost for entities that are not public business entities.; 4) Eliminate the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet.; 5) Require public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes.; 6) Require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk when the entity has elected to measure the liability at fair value in accordance with the fair value option for financial instruments.; 7) Require separate presentation of financial assets and financial liabilities by measurement category and form of financial asset on the balance sheet or the accompanying notes to the financial statements.; and 8) Clarify that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity’s other deferred tax assets. The amendments in this update are effective for fiscal years beginning after December 15, 2017. The impact is not expected to be material to the financial statements. However, the fair value disclosures for our loan portfolio will consider the exit price upon adoption.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued ASU No. 2016-02, "Leases." Under the new guidance, lessees will be required to recognize the following for all leases (with the exception of short-term leases): 1) a lease liability, which is the present value of a lessee's obligation to make lease payments, and 2) a right-of-use asset, which is an asset that represents the lessee's right to use, or control the use of, a specified asset for the lease term. Lessor accounting under the new guidance remains largely unchanged as it is substantially equivalent to existing guidance for sales-type leases, direct financing leases, and operating leases. Leveraged leases have been eliminated, although lessors can continue to account for existing leveraged leases using the current accounting guidance. Other limited changes were made to align lessor accounting with the lessee accounting model and the new revenue recognition standard. All entities will classify leases to determine how to recognize lease-related revenue and expense. Quantitative and qualitative disclosures will be required by lessees and lessors to meet the objective of enabling users of financial statements to assess the amount, timing, and uncertainty of cash flows arising from leases. The intention is to require enough information to supplement the amounts recorded in the financial statements so that users can understand more about the nature of an entity’s leasing activities. ASU No. 2016-02 is effective for interim and annual reporting periods beginning after December 15, 2018; early adoption is permitted. All entities are required to use a modified retrospective approach for leases that exist or are entered into after the beginning of the earliest comparative period in the financial statements. They have the option to use certain relief; full retrospective application is prohibited. The Corporation is currently evaluating the provisions of ASU No. 2016-02 and will be closely monitoring developments and additional guidance to determine the potential impact the new standard will have on the Corporation's Consolidated Financial Statements. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In June 2016 ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments (ASU 2016-13), was issued and requires entities to use a current expected credit loss ("CECL") model which is a new impairment model based on expected losses rather than incurred losses. Under this model an entity would recognize an impairment allowance equal to its current estimate of all contractual cash flows that the entity does not expect to collect from financial assets measured at amortized cost. The entity's estimate would consider relevant information about past events, current conditions, and reasonable and supportable forecasts, which will result in recognition of lifetime expected credit losses upon loan origination. ASU 2016-13 is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted for annual reporting periods beginning after December 15, 2018. Management has initiated an implementation committee to assist in assessing data and system needs for the new standard. Management anticipates the effect will be an increase to the allowance for loan losses upon adoption, however, the overall increase is uncertain at this time.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In August of 2016 ASU 2016-15 "Statement of Cash Flows (Topic 230)" ("ASU 2016-15") was issued and is intended to reduce the diversity in practice around how certain transactions are classified within the statement of cash flows. ASU 2016-15 is effective for public companies for annual periods beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted with retrospective application. The Corporation is assessing ASU 2016-15 but does not expect a significant impact on its accounting and disclosures.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In January 2017, the FASB issued ASU No. 2017-04, “Simplifying the Test for Goodwill Impairment.” The guidance removes Step 2 of the goodwill impairment test, which requires a hypothetical purchase price allocation. Goodwill impairment will now be the amount by which a reporting unit’s carrying value exceeds its fair value, not to exceed the carrying amount of goodwill. All other goodwill impairment guidance will remain largely unchanged. ASU No. 2017-04 is effective for interim and annual reporting periods beginning after December 15, 2019, applied prospectively. Early adoption is permitted for any impairment tests performed after January 1, 2017. The Corporation is assessing ASU 2017-04 but does not expect a significant impact on its accounting and disclosures.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued ASU No. 2017-07, “Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost.” Under the new guidance, employers will present the service cost component of the net periodic benefit cost in the same income statement line item (e.g., Salaries and Benefits) as other employee compensation costs arising from services rendered during the period. In addition, only the service cost component will be eligible for capitalization in assets. Employers will present the other components separately (e.g., Other Noninterest Expense) from the line item that includes the service cost. ASU No. 2017-07 is effective for interim and annual reporting periods beginning after December 15, 2017. Early adoption is permitted, however, the Corporation has decided not to early adopt. Employers will apply the guidance on the presentation of the components of net periodic benefit cost in the income statement retrospectively. The guidance limiting the capitalization of net periodic benefit cost in assets to the service cost component will be applied prospectively. The Corporation is assessing ASU 2017-07 but does not expect a significant impact on its accounting and disclosures.</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2017, the FASB issued ASU No. 2017-08, “Premium Amortization on Purchased Callable Debt Securities.” This ASU shortens the amortization period for the premium on certain purchased callable debt securities to the earliest call date. Today, entities generally amortize the premium over the contractual life of the security. The new guidance does not change the accounting for purchased callable debt securities held at a discount; the discount continues to be amortized to maturity. ASU No. 2017-08 is effective for interim and annual reporting periods beginning after December 15, 2018; early adoption is permitted. The guidance calls for a modified retrospective transition approach under which a cumulative-effect adjustment will be made to retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The impact is not expected to be material on the financial statements of the provisions of ASU No. 2017-08.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In May 2017, the FASB issued ASU 2017-09, Compensation-Stock Compensation (Topic 718): Scope of Modification”. ASU 2017-09 was issued to provide clarity and reduce both 1) diversity in practice and 2) cost and complexity when applying the guidance in Topic 718, Compensation - Stock Compensation, to a change to the terms or conditions of a share-based payment award. Diversity in practice has arisen in part because some entities apply modification accounting under Topic 718 for modifications to terms and conditions that they consider substantive, but do not when they conclude that particular modifications are not substantive. Others apply modification accounting for any change to an award, except for changes that they consider purely administrative in nature. Still others apply modification accounting when a change to an award changes the fair value, the vesting, or the classification of the award. In practice, it appears that the evaluation of a change in fair value, vesting, or classification may be used to evaluate whether a change is substantive. ASU 2017-09 include guidance on determining which changes to the terms and conditions of share-based payment awards require an entity to apply modification accounting under Topic 718. ASU 2017-09 is effective for the annual period, and interim periods within the annual periods, beginning after December 15, 2017. Early adoption is permitted, including adoption in any interim period for: (a) public business entities for reporting periods for which financial statements have not yet been issued, and (b) all other entities for reporting periods for which financial statements have not yet been made available for issuance. ASU 2017-09 should be applied prospectively to an award modified on or after the adoption date. The Corporation is currently in the process of evaluating the impact of ASU 2017-09 on its consolidated financial statements, but does not expect the adoption of ASU 2017-09 to have material impact on it consolidated financial statements.</font></div></div> |