2017 Q4 Form 10-Q Financial Statement

#000100581717000010 Filed on November 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $59.03M $57.77M $51.08M
YoY Change 13.66% 13.11% 7.46%
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 $3.000M $2.600M $2.200M
YoY Change 30.43% 18.18% 4.76%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $7.060M $6.772M $5.760M
YoY Change 26.93% 17.57% 11.98%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $20.98M $25.92M $22.12M
YoY Change -2.84% 17.19% 2.18%
Income Tax $3.590M $8.491M $6.945M
% Of Pretax Income 17.11% 32.76% 31.4%
Net Earnings $2.457M $17.39M $15.14M
YoY Change -83.75% 14.9% 4.42%
Net Earnings / Revenue 4.16% 30.11% 29.64%
Basic Earnings Per Share $0.16 $1.14 $1.01
Diluted Earnings Per Share $0.16 $1.14 $1.00
COMMON SHARES
Basic Shares Outstanding 15.20M shares 14.97M shares 14.83M shares
Diluted Shares Outstanding 15.08M shares 14.97M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $84.30M $129.4M $179.6M
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 $87.00M $79.94M $63.70M
YoY Change 24.25% 25.49% 5.99%
Goodwill $92.29M $92.29M $92.62M
YoY Change -0.36% -0.36%
Intangibles $9.263M $9.750M $11.90M
YoY Change -18.38% -18.08%
Long-Term Investments $1.700M
YoY Change 0.0%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $6.648B $6.524B $6.102B
YoY Change 6.6% 6.91% 9.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $75.20M $73.90M $77.20M
YoY Change 8.83% -4.27% -42.77%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $75.20M $73.90M $77.20M
YoY Change 8.83% -4.27% -42.77%
LONG-TERM LIABILITIES
Long-Term Debt $1.088B $851.2M $708.6M
YoY Change 17.98% 20.12% 62.37%
Other Long-Term Liabilities $70.70M $65.20M $64.90M
YoY Change 0.0% 0.46% -4.98%
Total Long-Term Liabilities $1.159B $916.4M $773.5M
YoY Change 16.7% 18.47% 53.26%
TOTAL LIABILITIES
Total Short-Term Liabilities $75.20M $73.90M $77.20M
Total Long-Term Liabilities $1.159B $916.4M $773.5M
Total Liabilities $6.072B $5.934B $5.543B
YoY Change 6.76% 7.07% 9.14%
SHAREHOLDERS EQUITY
Retained Earnings $265.0M $259.7M
YoY Change 15.13%
Common Stock $365.6M $365.7M
YoY Change 1.85%
Preferred Stock
YoY Change
Treasury Stock (at cost) $4.492M $4.348M
YoY Change 10.89%
Treasury Stock Shares 120.8K shares 119.1K shares
Shareholders Equity $574.8M $588.3M $559.6M
YoY Change
Total Liabilities & Shareholders Equity $6.648B $6.524B $6.102B
YoY Change 6.6% 6.91% 9.07%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $2.457M $17.39M $15.14M
YoY Change -83.75% 14.9% 4.42%
Depreciation, Depletion And Amortization $3.000M $2.600M $2.200M
YoY Change 30.43% 18.18% 4.76%
Cash From Operating Activities $30.90M $14.10M $25.00M
YoY Change 17.94% -43.6% 16.28%
INVESTING ACTIVITIES
Capital Expenditures -$12.10M -$8.100M -$3.500M
YoY Change 45.78% 131.43% 66.67%
Acquisitions
YoY Change
Other Investing Activities -$188.3M -$48.20M -$75.20M
YoY Change -29.58% -35.9% -30.18%
Cash From Investing Activities -$200.4M -$56.30M -$78.70M
YoY Change -27.31% -28.46% -28.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 124.3M 93.50M 166.8M
YoY Change -7.17% -43.94% 23.46%
NET CHANGE
Cash From Operating Activities 30.90M 14.10M 25.00M
Cash From Investing Activities -200.4M -56.30M -78.70M
Cash From Financing Activities 124.3M 93.50M 166.8M
Net Change In Cash -45.20M 51.30M 113.1M
YoY Change -60.9% -54.64% 141.15%
FREE CASH FLOW
Cash From Operating Activities $30.90M $14.10M $25.00M
Capital Expenditures -$12.10M -$8.100M -$3.500M
Free Cash Flow $43.00M $22.20M $28.50M
YoY Change 24.64% -22.11% 20.76%

Facts In Submission

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CY2016Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
11778000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-420000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
58661000 USD
CY2017Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
18335000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
54528000 USD
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1300000 USD
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
1800000 USD
CY2016Q3 us-gaap Deposits
Deposits
4690300000 USD
CY2016Q4 us-gaap Deposits
Deposits
4625139000 USD
CY2017Q3 us-gaap Deposits
Deposits
4943944000 USD
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.92
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
3.27
CY2016Q3 us-gaap Equipment Expense
EquipmentExpense
1707000 USD
us-gaap Equipment Expense
EquipmentExpense
4973000 USD
CY2017Q3 us-gaap Equipment Expense
EquipmentExpense
1585000 USD
us-gaap Equipment Expense
EquipmentExpense
4819000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-607000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
-299000 USD
CY2016Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
783000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
2388000 USD
CY2017Q3 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
620000 USD
us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
1775000 USD
CY2016Q4 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
69062000 USD
CY2017Q3 us-gaap Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
FederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
73874000 USD
CY2016Q3 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
2037000 USD
us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
5980000 USD
CY2017Q3 us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
2190000 USD
us-gaap Fees And Commissions Credit Cards
FeesAndCommissionsCreditCards
6875000 USD
CY2016Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
2203000 USD
CY2017Q3 us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
2125000 USD
us-gaap Fees And Commissions Depositor Accounts
FeesAndCommissionsDepositorAccounts
6337000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-18000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
19000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
57000 USD
us-gaap Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
39000 USD
CY2016Q3 us-gaap Goodwill
Goodwill
92623000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
92623000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
92291000 USD
CY2016Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
57700000 USD
CY2017Q3 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
29700000 USD
CY2016Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
142119000 USD
CY2017Q3 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
139968000 USD
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
999000 USD
CY2017Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Gain
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain
2084000 USD
CY2016Q4 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
286000 USD
CY2017Q3 us-gaap Held To Maturity Securities Accumulated Unrecognized Holding Loss
HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingLoss
45000 USD
CY2016Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
142119000 USD
CY2017Q3 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
139968000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
286000 USD
CY2017Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionAccumulatedLoss
45000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
43369000 USD
CY2017Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionFairValue
6080000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
286000 USD
CY2017Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than12 Months Accumulated Loss
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThan12MonthsAccumulatedLoss
45000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
43369000 USD
CY2017Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Less Than Twelve Months Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionLessThanTwelveMonthsFairValue
6080000 USD
CY2016Q4 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2017Q3 us-gaap Held To Maturity Securities Continuous Unrealized Loss Position Twelve Months Or Longer Fair Value
HeldToMaturitySecuritiesContinuousUnrealizedLossPositionTwelveMonthsOrLongerFairValue
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
107497000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
92748000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
107187000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After Five Through Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount
91405000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
27866000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
42764000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
27480000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities After One Through Five Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterOneThroughFiveYearsNetCarryingAmount
42080000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Fair Value
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsFairValue
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities After Ten Years Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesAfterTenYearsNetCarryingAmount
0 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
7469000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
6495000 USD
CY2016Q4 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
7452000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-561000 USD
CY2017Q3 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
6483000 USD
CY2016Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
142832000 USD
CY2017Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
142007000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
22116000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
64921000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25917000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
74261000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6945000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
20601000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8491000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
24127000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
17746000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13801000 USD
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
111000 USD
us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
-29000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
272700000 USD
us-gaap Increase Decrease In Deposits
IncreaseDecreaseInDeposits
403292000 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
-59137000 USD
us-gaap Increase Decrease In Federal Funds Purchased And Securities Sold Under Agreements To Repurchase Net
IncreaseDecreaseInFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchaseNet
4812000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-927000 USD
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-3081000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-466000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
23283000 USD
us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-83667000 USD
CY2016Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
217891 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
229693 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
230949 shares
us-gaap Incremental Common Shares Attributable To Participating Nonvested Shares With Non Forfeitable Dividend Rights
IncrementalCommonSharesAttributableToParticipatingNonvestedSharesWithNonForfeitableDividendRights
240478 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
136011 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
114014 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
112324 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
125309 shares
CY2016Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
7729000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
22808000 USD
CY2017Q3 us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
7682000 USD
us-gaap Insurance Commissions And Fees
InsuranceCommissionsAndFees
21892000 USD
CY2016Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11902000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
11349000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9750000 USD
CY2016Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
51077000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
150803000 USD
CY2017Q3 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
57772000 USD
us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
167735000 USD
CY2016Q3 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
6683000 USD
us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
21498000 USD
CY2017Q3 us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
7415000 USD
us-gaap Interest And Dividend Income Securities Available For Sale
InterestAndDividendIncomeSecuritiesAvailableForSale
22384000 USD
CY2016Q3 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
898000 USD
us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2712000 USD
CY2017Q3 us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
865000 USD
us-gaap Interest And Dividend Income Securities Held To Maturity
InterestAndDividendIncomeSecuritiesHeldToMaturity
2613000 USD
CY2016Q3 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
62000 USD
us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
220000 USD
CY2017Q3 us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
0 USD
us-gaap Interest And Dividend Income Securities Trading Or Measured At Fair Value
InterestAndDividendIncomeSecuritiesTradingOrMeasuredAtFairValue
0 USD
CY2016Q3 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
43057000 USD
us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
125378000 USD
CY2017Q3 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
48949000 USD
us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
141257000 USD
CY2016Q4 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
1880000 USD
CY2017Q3 us-gaap Interest Bearing Deposits In Banks
InterestBearingDepositsInBanks
7199000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
5760000 USD
us-gaap Interest Expense
InterestExpense
16541000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
6772000 USD
us-gaap Interest Expense
InterestExpense
18400000 USD
CY2016Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
1837000 USD
us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
4840000 USD
CY2017Q3 us-gaap Interest Expense Borrowings
InterestExpenseBorrowings
3327000 USD
CY2016Q3 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
630000 USD
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
1940000 USD
CY2017Q3 us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
44000 USD
us-gaap Interest Expense Federal Funds Purchased And Securities Sold Under Agreements To Repurchase
InterestExpenseFederalFundsPurchasedAndSecuritiesSoldUnderAgreementsToRepurchase
195000 USD
CY2016Q3 us-gaap Interest Expense Other Domestic Deposits
InterestExpenseOtherDomesticDeposits
2291000 USD
us-gaap Interest Expense Other Domestic Deposits
InterestExpenseOtherDomesticDeposits
6764000 USD
CY2017Q3 us-gaap Interest Expense Other Domestic Deposits
InterestExpenseOtherDomesticDeposits
2679000 USD
us-gaap Interest Expense Other Domestic Deposits
InterestExpenseOtherDomesticDeposits
7508000 USD
CY2016Q3 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
402000 USD
us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
1214000 USD
CY2017Q3 us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
457000 USD
us-gaap Interest Expense Time Deposits100000 Or More
InterestExpenseTimeDeposits100000OrMore
1364000 USD
CY2016Q3 us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
600000 USD
us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
1783000 USD
CY2017Q3 us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
265000 USD
us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
888000 USD
CY2016Q3 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
2000 USD
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
5000 USD
CY2017Q3 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
9000 USD
us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
15000 USD
CY2016Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
44535000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
131647000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
-124000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4490513000 USD
CY2017Q3 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
50598000 USD
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
147188000 USD
CY2016Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
45317000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3721000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
4261979000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
4494234000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
4258033000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
4055435000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
4222278000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Reported Amount Covered And Not Covered
LoansAndLeasesReceivableNetReportedAmountCoveredAndNotCovered
4452475000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
926000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
-423000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
134262000 USD
CY2017Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
51000000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
149335000 USD
us-gaap Interest Paid
InterestPaid
17641000 USD
us-gaap Interest Paid
InterestPaid
19192000 USD
CY2016Q4 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
83841000 USD
CY2017Q3 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
94135000 USD
CY2016Q3 us-gaap Legal Fees
LegalFees
313000 USD
us-gaap Legal Fees
LegalFees
992000 USD
CY2017Q3 us-gaap Legal Fees
LegalFees
187000 USD
us-gaap Legal Fees
LegalFees
712000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
5687351000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
5934192000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6236756000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6524060000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
35755000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
38038000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
3946000 USD
CY2016Q3 us-gaap Marketing Expense
MarketingExpense
1248000 USD
us-gaap Marketing Expense
MarketingExpense
3566000 USD
CY2017Q3 us-gaap Marketing Expense
MarketingExpense
1107000 USD
us-gaap Marketing Expense
MarketingExpense
3523000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
1452000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
1519000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
30000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
354428000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
236879000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The unaudited consolidated financial statements included in this quarterly report do not include all of the information and footnotes required by GAAP for a full year presentation and certain disclosures have been condensed or omitted in accordance with rules and regulations of the SEC. In the application of certain accounting policies, management is required to make assumptions regarding the effect of matters that are inherently uncertain. These estimates and assumptions affect the reported amounts of certain assets, liabilities, revenues, and expenses in the unaudited condensed consolidated financial statements. Different amounts could be reported under different conditions, or if different assumptions were used in the application of these accounting policies. The accounting policies that management considers critical in this respect are the determination of the allowance for loan and lease losses, the expenses and liabilities associated with the Company&#8217;s pension and post-retirement benefits, and the review of its securities portfolio for other than temporary impairment.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In management&#8217;s opinion, the unaudited condensed consolidated financial statements reflect all adjustments of a normal recurring nature. The results of operations for the interim periods are not necessarily indicative of the results of operations to be expected for the full year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto in the Company&#8217;s Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2016</font><font style="font-family:inherit;font-size:10pt;">. There have been no significant changes to the Company&#8217;s accounting policies from those presented in the </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> Annual Report on Form 10-K. Refer to Note 3- &#8220;Accounting Standards Updates&#8221; of this Report for a discussion of recently issued accounting guidelines.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Cash and cash equivalents in the consolidated statements of cash flow include cash and noninterest bearing balances due from banks, interest-bearing balances due from banks, and money market funds. Management regularly evaluates the credit risk associated with the counterparties to these transactions and believes that the Company is not exposed to any significant credit risk on cash and cash equivalents.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has evaluated subsequent events for potential recognition and/or disclosure, and determined that no further disclosures were required.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The consolidated financial information included herein combines the results of operations, the assets, liabilities, and shareholders&#8217; equity of the Company and its subsidiaries. Amounts in the prior periods&#8217; unaudited condensed consolidated financial statements are reclassified when necessary to conform to the current periods&#8217; presentation. Information for the third quarter, second quarter, and first quarter of 2016 has been revised to reflect the impact of the adoption of ASU 2016-09, "Improvements to Employee Share-Based Payment Accounting", in the fourth quarter of 2016, retroactive to January 1, 2016. All significant intercompany balances and transactions are eliminated in consolidation.</font></div></div>

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