2023 Q3 Form 10-Q Financial Statement

#000073746823000032 Filed on August 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $48.98M $47.83M
YoY Change -15.33% -10.38%
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 $1.238M $1.216M
YoY Change 12.65% 16.03%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $46.97M $41.73M
YoY Change 365.23% 824.46%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $14.09M $14.11M
YoY Change -41.25% -44.21%
Income Tax $2.926M $2.853M
% Of Pretax Income 20.77% 20.22%
Net Earnings $11.16M $11.24M
YoY Change -40.21% -43.69%
Net Earnings / Revenue 22.79% 23.5%
Basic Earnings Per Share $0.65 $0.66
Diluted Earnings Per Share $0.65 $0.66
COMMON SHARES
Basic Shares Outstanding 17.02M shares 17.02M shares
Diluted Shares Outstanding 17.04M shares 17.03M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $113.0M $128.3M
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 $31.98M $61.22M
YoY Change -44.81% 106.18%
Goodwill $63.91M $63.91M
YoY Change 0.0% 0.0%
Intangibles $3.919M $4.130M
YoY Change -17.77% -17.08%
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 $7.183B $7.012B
YoY Change 12.1% 17.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $30.60M $31.30M
YoY Change 1.36% 2.66%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.60M $31.30M
YoY Change 1.36% 2.66%
LONG-TERM LIABILITIES
Long-Term Debt $22.70M $22.68M
YoY Change 0.08% 0.0%
Other Long-Term Liabilities $163.3M $144.1M
YoY Change 6.7% 21.68%
Total Long-Term Liabilities $186.0M $166.8M
YoY Change 5.84% 18.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.60M $31.30M
Total Long-Term Liabilities $186.0M $166.8M
Total Liabilities $6.752B $6.553B
YoY Change 12.99% 19.0%
SHAREHOLDERS EQUITY
Retained Earnings $498.5M $497.0M
YoY Change 2.75% 4.44%
Common Stock $127.4M $126.8M
YoY Change -0.58% -0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost) $15.78M $15.78M
YoY Change 70.13% 88.33%
Treasury Stock Shares
Shareholders Equity $431.4M $459.2M
YoY Change
Total Liabilities & Shareholders Equity $7.183B $7.012B
YoY Change 12.1% 17.2%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $11.16M $11.24M
YoY Change -40.21% -43.69%
Depreciation, Depletion And Amortization $1.238M $1.216M
YoY Change 12.65% 16.03%
Cash From Operating Activities $29.90M -$21.00M
YoY Change 47.69% -261.04%
INVESTING ACTIVITIES
Capital Expenditures $504.0K $1.876M
YoY Change -62.47% 13.9%
Acquisitions
YoY Change
Other Investing Activities -$216.2M -$137.6M
YoY Change -47.23% -49.72%
Cash From Investing Activities -$216.7M -$139.5M
YoY Change -47.28% -49.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 171.6M 150.5M
YoY Change -59.62% 13.36%
NET CHANGE
Cash From Operating Activities 29.90M -21.00M
Cash From Investing Activities -216.7M -139.5M
Cash From Financing Activities 171.6M 150.5M
Net Change In Cash -15.20M -9.964M
YoY Change -144.42% -92.3%
FREE CASH FLOW
Cash From Operating Activities $29.90M -$21.00M
Capital Expenditures $504.0K $1.876M
Free Cash Flow $29.40M -$22.87M
YoY Change 55.52% -300.79%

Facts In Submission

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<div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the balance sheet and revenues and expenses for the period.  Actual results could differ from those estimates. Management considers the ACL on loans to be a material estimate that is particularly susceptible to change.</span></div>
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FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
407075000 usd
CY2023Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
5381113000 usd
CY2022Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
5098561000 usd
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LoansAndLeasesReceivableNetOfDeferredIncome
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LoansReceivablePastDueNonaccrual
7200000 usd
CY2023Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
10407000 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
12846000 usd
CY2023Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2022Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2023Q2 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
2000000 usd
CY2022Q4 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
6500000 usd
CY2023Q2 wash Loans Receivable Nonaccrual Of Interest Current
LoansReceivableNonaccrualOfInterestCurrent
6700000 usd
CY2022Q4 wash Loans Receivable Nonaccrual Of Interest Current
LoansReceivableNonaccrualOfInterestCurrent
5700000 usd
CY2023Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
763000 usd
CY2022Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
2900000 usd
CY2023Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
131000 usd
CY2022Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
79000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
259000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
184000 usd
CY2023Q2 wash Individuallyanalyzedloans
Individuallyanalyzedloans
2000000 usd
CY2022Q4 wash Individuallyanalyzedloans
Individuallyanalyzedloans
10000000 usd
CY2023Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
479054000 usd
CY2023Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1544953000 usd
CY2023Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1183870000 usd
CY2023Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
501077000 usd
CY2023Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
393149000 usd
CY2023Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
925413000 usd
CY2023Q2 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
340603000 usd
CY2023Q2 wash Revolvingloansconvertedtotermloans
Revolvingloansconvertedtotermloans
12994000 usd
CY2023Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
5381113000 usd
wash Financing Receivable Year One Originated Current Fiscal Year Writeoff
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff
105000 usd
wash Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
0 usd
wash Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
8000 usd
wash Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0 usd
wash Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
0 usd
wash Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
0 usd
wash Financing Receivable Revolving Writeoff
FinancingReceivableRevolvingWriteoff
0 usd
wash Financing Receivable Revolving Converted To Term Loan Writeoff
FinancingReceivableRevolvingConvertedToTermLoanWriteoff
0 usd
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
113000 usd
CY2023Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
38780000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
52000 usd
CY2022Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
341778000 usd
CY2022Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
675484000 usd
CY2022Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
335300000 usd
CY2022Q4 wash Revolvingloansconvertedtotermloans
Revolvingloansconvertedtotermloans
11972000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
5110139000 usd
CY2023Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
15000 usd
CY2023Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
600000 usd
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
39343000 usd
CY2022Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
38027000 usd
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
113000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
29000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1400000 usd
CY2023Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
39343000 usd
CY2022Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
39236000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
23000 usd
CY2022Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
33000 usd
CY2022Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36317000 usd
CY2021Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
39088000 usd
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
59000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
217000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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CY2022Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
36317000 usd
CY2023Q2 wash Loss On Cash Flow Hedge Included In Aocil Upon Termination
LossOnCashFlowHedgeIncludedInAOCILUponTermination
26500000 usd
CY2023Q2 wash Loss On Cash Flow Hedged Included In Aocil Upon Termination Net Of Tax
LossOnCashFlowHedgedIncludedInAOCILUponTerminationNetOfTax
20100000 usd
CY2023Q2 wash Remaining Unamortized Balance Of Loss
RemainingUnamortizedBalanceOfLoss
24400000 usd
CY2023Q2 wash Remaining Unamortized Balance Of Loss After Tax
RemainingUnamortizedBalanceOfLossAfterTax
18500000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2715000 usd
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5512000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-13308000 usd
CY2023Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
20872000 usd
CY2022Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
8987000 usd
CY2023Q2 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
20727000 usd
CY2022Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
8860000 usd
CY2023Q2 wash Mortgage Loans Held For Sale Difference Between Fair Value And Principal Amount
MortgageLoansHeldForSaleDifferenceBetweenFairValueAndPrincipalAmount
145000 usd
CY2022Q4 wash Mortgage Loans Held For Sale Difference Between Fair Value And Principal Amount
MortgageLoansHeldForSaleDifferenceBetweenFairValueAndPrincipalAmount
127000 usd
CY2023Q2 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
758242000 usd
CY2022Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
858953000 usd
CY2023Q2 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
428306000 usd
CY2022Q4 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
333197000 usd
CY2023Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
791887000 usd
CY2022Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
871875000 usd
CY2023Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1164557000 usd
CY2022Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1255805000 usd
CY2023Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
521185000 usd
CY2022Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
576250000 usd
CY2023Q2 us-gaap Time Deposits
TimeDeposits
1650301000 usd
CY2022Q4 us-gaap Time Deposits
TimeDeposits
1122882000 usd
CY2023Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
4556236000 usd
CY2022Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
4160009000 usd
CY2023Q2 us-gaap Deposits
Deposits
5314478000 usd
CY2022Q4 us-gaap Deposits
Deposits
5018962000 usd
CY2023Q2 wash Wholesale Brokered Demand Deposits
WholesaleBrokeredDemandDeposits
0 usd
CY2022Q4 wash Wholesale Brokered Demand Deposits
WholesaleBrokeredDemandDeposits
31153000 usd
CY2023Q2 wash Wholesale Brokered Time Deposits
WholesaleBrokeredTimeDeposits
601481000 usd
CY2022Q4 wash Wholesale Brokered Time Deposits
WholesaleBrokeredTimeDeposits
327044000 usd
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TimeDepositMaturitiesYearOne
925315000 usd
CY2023Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year One
TimeDepositsWeightedAverageInterestRateMaturitiesYearOne
0.0402
CY2023Q2 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
569983000 usd
CY2023Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Two
TimeDepositsWeightedAverageInterestRateMaturitiesYearTwo
0.0428
CY2023Q2 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
73216000 usd
CY2023Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Three
TimeDepositsWeightedAverageInterestRateMaturitiesYearThree
0.0266
CY2023Q2 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
34133000 usd
CY2023Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Four
TimeDepositsWeightedAverageInterestRateMaturitiesYearFour
0.0225
CY2023Q2 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
41248000 usd
CY2023Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Five
TimeDepositsWeightedAverageInterestRateMaturitiesYearFive
0.0329
CY2023Q2 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
6406000 usd
CY2023Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Greater Than Five Years
TimeDepositsWeightedAverageInterestRateMaturitiesGreaterThanFiveYears
0.0340
CY2023Q2 us-gaap Time Deposits
TimeDeposits
1650301000 usd
CY2023Q2 us-gaap Weighted Average Rate Domestic Deposit Time Deposits
WeightedAverageRateDomesticDepositTimeDeposits
0.0399
CY2023Q2 wash Timedepositsgreaterthan Fdi Climit
TimedepositsgreaterthanFDIClimit
273900000 usd
CY2022Q4 wash Timedepositsgreaterthan Fdi Climit
TimedepositsgreaterthanFDIClimit
200900000 usd
CY2022Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22000000 usd
CY2023Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22000000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33500000 usd
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
37515000 usd
CY2023Q2 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
9048000 usd
CY2022Q2 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
10066000 usd
CY2023Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
1753000 usd
CY2022Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
2082000 usd
CY2023Q2 wash Card Interchange Fees
CardInterchangeFees
1268000 usd
CY2022Q2 wash Card Interchange Fees
CardInterchangeFees
1303000 usd
CY2023Q2 wash Servicechargesondeposits
Servicechargesondeposits
667000 usd
CY2022Q2 wash Servicechargesondeposits
Servicechargesondeposits
763000 usd
CY2023Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
247000 usd
CY2022Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
669000 usd
CY2023Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
879000 usd
CY2022Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
615000 usd
CY2023Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
463000 usd
CY2022Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
354000 usd
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
14325000 usd
CY2022Q2 us-gaap Noninterest Income
NoninterestIncome
15852000 usd
CY2023Q2 us-gaap Revenues
Revenues
47825000 usd
CY2022Q2 us-gaap Revenues
Revenues
53367000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
70693000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
72606000 usd
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
17711000 usd
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
20597000 usd
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
2998000 usd
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
5583000 usd
wash Card Interchange Fees
CardInterchangeFees
2400000 usd
wash Card Interchange Fees
CardInterchangeFees
2467000 usd
wash Servicechargesondeposits
Servicechargesondeposits
1444000 usd
wash Servicechargesondeposits
Servicechargesondeposits
1431000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
196000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
970000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2044000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1216000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
815000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
747000 usd
us-gaap Noninterest Income
NoninterestIncome
27608000 usd
us-gaap Noninterest Income
NoninterestIncome
33011000 usd
us-gaap Revenues
Revenues
98301000 usd
us-gaap Revenues
Revenues
105617000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11327000 usd
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12410000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22175000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
25059000 usd
CY2023Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5600000 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5100000 usd
CY2023Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
1900000 usd
CY2022Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2100000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33500000 usd
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
37515000 usd
CY2023Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
700000 usd
CY2022Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-3000000 usd
CY2023Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
32800000 usd
CY2022Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
40515000 usd
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
14325000 usd
CY2022Q2 us-gaap Noninterest Income
NoninterestIncome
15852000 usd
CY2023Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1216000 usd
CY2022Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1048000 usd
CY2023Q2 wash Other Noninterest Expenses Related To Segments
OtherNoninterestExpensesRelatedToSegments
31800000 usd
CY2022Q2 wash Other Noninterest Expenses Related To Segments
OtherNoninterestExpensesRelatedToSegments
30029000 usd
CY2023Q2 us-gaap Noninterest Expense
NoninterestExpense
33016000 usd
CY2022Q2 us-gaap Noninterest Expense
NoninterestExpense
31077000 usd
CY2023Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14109000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25290000 usd
CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2853000 usd
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5333000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
11256000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
19957000 usd
CY2023Q2 us-gaap Assets
Assets
7011760000 usd
CY2022Q2 us-gaap Assets
Assets
5982891000 usd
CY2023Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1876000 usd
CY2022Q2 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1647000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
70693000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
72606000 usd
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1500000 usd
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
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us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
69193000 usd
us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
75506000 usd
us-gaap Noninterest Income
NoninterestIncome
27608000 usd
us-gaap Noninterest Income
NoninterestIncome
33011000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2403000 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2103000 usd
wash Other Noninterest Expenses Related To Segments
OtherNoninterestExpensesRelatedToSegments
64177000 usd
wash Other Noninterest Expenses Related To Segments
OtherNoninterestExpensesRelatedToSegments
60193000 usd
us-gaap Noninterest Expense
NoninterestExpense
66580000 usd
us-gaap Noninterest Expense
NoninterestExpense
62296000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
30221000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
46221000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6153000 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
9781000 usd
us-gaap Net Income Loss
NetIncomeLoss
24068000 usd
us-gaap Net Income Loss
NetIncomeLoss
36440000 usd
CY2023Q2 us-gaap Assets
Assets
7011760000 usd
CY2022Q2 us-gaap Assets
Assets
5982891000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3020000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2481000 usd
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-12929000 usd
CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
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CY2022Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
57000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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48000 usd
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ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
111000 usd
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NetIncomeLossAvailableToCommonStockholdersBasic
11237000 usd
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36329000 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17011000 shares
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17317000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
19000 shares
CY2022Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
111000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
43000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
134000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17030000 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17414000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17451000 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.66
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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.41
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.10
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EarningsPerShareDiluted
0.66
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.14
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.08
CY2023Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
478490 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
377989 shares
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
196943 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
141043 shares
CY2023Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2290000 usd
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
100000 usd
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2390000 usd
CY2022Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2290000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
100000 usd
CY2023Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2390000 usd
CY2022Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2261000 usd
CY2022Q2 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-71000 usd
CY2022Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2190000 usd
CY2021Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2161000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
29000 usd
CY2022Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
2190000 usd

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