2024 Q3 Form 10-Q Financial Statement

#000073746824000034 Filed on August 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $48.53M $48.25M
YoY Change -0.9% 0.88%
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 $1.184M $1.204M
YoY Change -4.36% -0.99%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $55.32M $54.41M
YoY Change 17.79% 30.39%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $13.83M $13.84M
YoY Change -1.82% -1.94%
Income Tax $2.849M $3.020M
% Of Pretax Income 20.6% 21.83%
Net Earnings $10.97M $10.81M
YoY Change -1.68% -3.83%
Net Earnings / Revenue 22.61% 22.4%
Basic Earnings Per Share $0.64 $0.63
Diluted Earnings Per Share $0.64 $0.63
COMMON SHARES
Basic Shares Outstanding 17.06M shares 17.05M shares
Diluted Shares Outstanding 17.14M shares 17.11M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $210.7M $107.5M
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 $59.76M $60.25M
YoY Change 86.88% -1.59%
Goodwill $63.91M $63.91M
YoY Change 0.0% 0.0%
Intangibles $3.089M $3.295M
YoY Change -21.18% -20.22%
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 $7.142B $7.184B
YoY Change -0.58% 2.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $30.24M $31.01M
YoY Change -1.19% -0.93%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $30.24M $31.01M
YoY Change -1.19% -0.93%
LONG-TERM LIABILITIES
Long-Term Debt $22.68M $22.68M
YoY Change -0.08% 0.0%
Other Long-Term Liabilities $114.5M $133.6M
YoY Change -29.86% -7.32%
Total Long-Term Liabilities $137.2M $156.3M
YoY Change -26.23% -6.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.24M $31.01M
Total Long-Term Liabilities $137.2M $156.3M
Total Liabilities $6.639B $6.713B
YoY Change -1.67% 2.45%
SHAREHOLDERS EQUITY
Retained Earnings $505.7M $504.4M
YoY Change 1.43% 1.48%
Common Stock $127.8M $127.0M
YoY Change 0.3% 0.17%
Preferred Stock
YoY Change
Treasury Stock (at cost) $14.05M $14.05M
YoY Change -10.95% -10.95%
Treasury Stock Shares
Shareholders Equity $502.2M $471.0M
YoY Change
Total Liabilities & Shareholders Equity $7.142B $7.184B
YoY Change -0.58% 2.46%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $10.97M $10.81M
YoY Change -1.68% -3.83%
Depreciation, Depletion And Amortization $1.184M $1.204M
YoY Change -4.36% -0.99%
Cash From Operating Activities $25.72M $11.18M
YoY Change -13.98% -153.25%
INVESTING ACTIVITIES
Capital Expenditures $1.273M $1.620M
YoY Change 152.58% -13.65%
Acquisitions
YoY Change
Other Investing Activities $142.6M $64.13M
YoY Change -165.94% -146.61%
Cash From Investing Activities $141.3M $62.51M
YoY Change -165.2% -144.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -63.80M -71.75M
YoY Change -137.18% -147.67%
NET CHANGE
Cash From Operating Activities 25.72M 11.18M
Cash From Investing Activities 141.3M 62.51M
Cash From Financing Activities -63.80M -71.75M
Net Change In Cash 103.2M 1.943M
YoY Change -779.03% -119.5%
FREE CASH FLOW
Cash From Operating Activities $25.72M $11.18M
Capital Expenditures $1.273M $1.620M
Free Cash Flow $24.45M $9.561M
YoY Change -16.84% -141.8%

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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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DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerNumberOfPositions
181 security
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
914700000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
152072000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
190 security
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
978411000 usd
CY2023Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Accumulated Loss
DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss
152510000 usd
CY2024Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
5629102000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
5647706000 usd
CY2023Q4 wash Loans Receivable Net Deferred Cost Originated
LoansReceivableNetDeferredCostOriginated
13000000.0 usd
CY2023Q4 wash Loans Receivable Net Deferred Premiumon Purchased Loans
LoansReceivableNetDeferredPremiumonPurchasedLoans
286000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
22900000 usd
CY2024Q2 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
5617222000 usd
CY2024Q2 us-gaap Notes Receivable Gross
NotesReceivableGross
11880000 usd
CY2024Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
5629102000 usd
CY2023Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
5636361000 usd
CY2023Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
11345000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
5647706000 usd
CY2023Q4 wash Loans Receivable Past Due Nonaccrual
LoansReceivablePastDueNonaccrual
6900000 usd
CY2024Q2 wash Nonaccrual Loans With An Acl
NonaccrualLoansWithAnACL
10048000 usd
CY2024Q2 us-gaap Financing Receivable Nonaccrual No Allowance
FinancingReceivableNonaccrualNoAllowance
20431000 usd
CY2024Q2 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
FinancingReceivableRecordedInvestmentNonaccrualStatus
30479000 usd
CY2024Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2023Q4 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
0 usd
CY2024Q2 wash Loans Receivable Nonaccrual Of Interest Current
LoansReceivableNonaccrualOfInterestCurrent
22100000 usd
CY2023Q4 wash Loans Receivable Nonaccrual Of Interest Current
LoansReceivableNonaccrualOfInterestCurrent
37700000 usd
CY2024Q2 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
3700000 usd
CY2023Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
960000 usd
CY2024Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
103000 usd
CY2023Q2 us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
131000 usd
us-gaap Financing Receivable Nonaccrual Interest Income
FinancingReceivableNonaccrualInterestIncome
255000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
267000 usd
CY2024Q2 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
909000 usd
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0
CY2024Q2 wash Individuallyanalyzedloans
Individuallyanalyzedloans
20400000 usd
CY2023Q4 wash Individuallyanalyzedloans
Individuallyanalyzedloans
34600000 usd
CY2024Q2 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
160666000 usd
CY2024Q2 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
895688000 usd
CY2024Q2 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1555941000 usd
CY2024Q2 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
1107519000 usd
CY2024Q2 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
458035000 usd
CY2024Q2 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
1091928000 usd
CY2024Q2 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
344965000 usd
CY2024Q2 wash Revolvingloansconvertedtotermloans
Revolvingloansconvertedtotermloans
14360000 usd
CY2024Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
5629102000 usd
us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff
118000 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0 usd
us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
2000 usd
us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
3000 usd
us-gaap Financing Receivable Revolving Writeoff
FinancingReceivableRevolvingWriteoff
0 usd
us-gaap Financing Receivable Revolving Converted To Term Loan Writeoff
FinancingReceivableRevolvingConvertedToTermLoanWriteoff
0 usd
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
123000 usd
CY2023Q4 us-gaap Financing Receivable Originated In Current Fiscal Year
FinancingReceivableOriginatedInCurrentFiscalYear
878981000 usd
CY2023Q4 us-gaap Financing Receivable Originated In Fiscal Year Before Latest Fiscal Year
FinancingReceivableOriginatedInFiscalYearBeforeLatestFiscalYear
1551627000 usd
CY2023Q4 us-gaap Financing Receivable Originated Two Years Before Latest Fiscal Year
FinancingReceivableOriginatedTwoYearsBeforeLatestFiscalYear
1144330000 usd
CY2023Q4 us-gaap Financing Receivable Originated Three Years Before Latest Fiscal Year
FinancingReceivableOriginatedThreeYearsBeforeLatestFiscalYear
478623000 usd
CY2023Q4 us-gaap Financing Receivable Originated Four Years Before Latest Fiscal Year
FinancingReceivableOriginatedFourYearsBeforeLatestFiscalYear
372009000 usd
CY2023Q4 us-gaap Financing Receivable Originated Five Or More Years Before Latest Fiscal Year
FinancingReceivableOriginatedFiveOrMoreYearsBeforeLatestFiscalYear
831226000 usd
CY2023Q4 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
375764000 usd
CY2023Q4 wash Revolvingloansconvertedtotermloans
Revolvingloansconvertedtotermloans
15146000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
5647706000 usd
CY2023 us-gaap Financing Receivable Year One Originated Current Fiscal Year Writeoff
FinancingReceivableYearOneOriginatedCurrentFiscalYearWriteoff
196000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYearWriteoff
8000 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYearWriteoff
0 usd
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year Writeoff
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYearWriteoff
373000 usd
CY2023 us-gaap Financing Receivable Revolving Writeoff
FinancingReceivableRevolvingWriteoff
0 usd
CY2023 us-gaap Financing Receivable Revolving Converted To Term Loan Writeoff
FinancingReceivableRevolvingConvertedToTermLoanWriteoff
0 usd
CY2023 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
577000 usd
CY2024Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
41905000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
53000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
26000 usd
CY2024Q2 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
500000 usd
CY2024Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
42378000 usd
CY2023Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
41057000 usd
us-gaap Financing Receivable Allowance For Credit Loss Writeoff After Recovery
FinancingReceivableAllowanceForCreditLossWriteoffAfterRecovery
123000 usd
us-gaap Financing Receivable Allowance For Credit Losses Recovery
FinancingReceivableAllowanceForCreditLossesRecovery
44000 usd
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1400000 usd
CY2024Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
42378000 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
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
CY2024Q2 wash Loss On Cash Flow Hedge Included In Aocil Upon Termination
LossOnCashFlowHedgeIncludedInAOCILUponTermination
26500000 usd
CY2024Q2 wash Loss On Cash Flow Hedged Included In Aocil Upon Termination Net Of Tax
LossOnCashFlowHedgedIncludedInAOCILUponTerminationNetOfTax
20100000 usd
CY2024Q2 wash Remaining Unamortized Balance Of Loss
RemainingUnamortizedBalanceOfLoss
15800000 usd
CY2024Q2 wash Remaining Unamortized Balance Of Loss After Tax
RemainingUnamortizedBalanceOfLossAfterTax
11700000 usd
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
1815000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
2715000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5020000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
5512000 usd
CY2024Q2 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
26116000 usd
CY2023Q4 us-gaap Loans Held For Sale Fair Value Disclosure
LoansHeldForSaleFairValueDisclosure
20077000 usd
CY2024Q2 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
25610000 usd
CY2023Q4 us-gaap Loans Receivable Held For Sale Amount
LoansReceivableHeldForSaleAmount
19480000 usd
CY2024Q2 wash Mortgage Loans Held For Sale Difference Between Fair Value And Principal Amount
MortgageLoansHeldForSaleDifferenceBetweenFairValueAndPrincipalAmount
506000 usd
CY2023Q4 wash Mortgage Loans Held For Sale Difference Between Fair Value And Principal Amount
MortgageLoansHeldForSaleDifferenceBetweenFairValueAndPrincipalAmount
597000 usd
CY2024Q2 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
645661000 usd
CY2023Q4 us-gaap Noninterest Bearing Domestic Deposit Demand
NoninterestBearingDomesticDepositDemand
693746000 usd
CY2024Q2 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
532316000 usd
CY2023Q4 us-gaap Interest Bearing Domestic Deposit Demand
InterestBearingDomesticDepositDemand
504959000 usd
CY2024Q2 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
722797000 usd
CY2023Q4 us-gaap Deposits Negotiable Order Of Withdrawal Now
DepositsNegotiableOrderOfWithdrawalNOW
767036000 usd
CY2024Q2 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1086088000 usd
CY2023Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
1096959000 usd
CY2024Q2 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
485208000 usd
CY2023Q4 us-gaap Deposits Savings Deposits
DepositsSavingsDeposits
497223000 usd
CY2024Q2 us-gaap Time Deposits
TimeDeposits
1504056000 usd
CY2023Q4 us-gaap Time Deposits
TimeDeposits
1788237000 usd
CY2024Q2 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
4330465000 usd
CY2023Q4 us-gaap Interest Bearing Deposit Liabilities
InterestBearingDepositLiabilities
4654414000 usd
CY2024Q2 us-gaap Deposits
Deposits
4976126000 usd
CY2023Q4 us-gaap Deposits
Deposits
5348160000 usd
CY2024Q2 wash Wholesale Brokered Time Deposits
WholesaleBrokeredTimeDeposits
339200000 usd
CY2023Q4 wash Wholesale Brokered Time Deposits
WholesaleBrokeredTimeDeposits
654100000 usd
CY2024Q2 us-gaap Time Deposit Maturities Year One
TimeDepositMaturitiesYearOne
963519000 usd
CY2024Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year One
TimeDepositsWeightedAverageInterestRateMaturitiesYearOne
0.0461
CY2024Q2 us-gaap Time Deposit Maturities Year Two
TimeDepositMaturitiesYearTwo
427213000 usd
CY2024Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Two
TimeDepositsWeightedAverageInterestRateMaturitiesYearTwo
0.0410
CY2024Q2 us-gaap Time Deposit Maturities Year Three
TimeDepositMaturitiesYearThree
54231000 usd
CY2024Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Three
TimeDepositsWeightedAverageInterestRateMaturitiesYearThree
0.0277
CY2024Q2 us-gaap Time Deposit Maturities Year Four
TimeDepositMaturitiesYearFour
30424000 usd
CY2024Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Four
TimeDepositsWeightedAverageInterestRateMaturitiesYearFour
0.0324
CY2024Q2 us-gaap Time Deposit Maturities Year Five
TimeDepositMaturitiesYearFive
25602000 usd
CY2024Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Year Five
TimeDepositsWeightedAverageInterestRateMaturitiesYearFive
0.0368
CY2024Q2 us-gaap Time Deposit Maturities After Year Five
TimeDepositMaturitiesAfterYearFive
3067000 usd
CY2024Q2 us-gaap Time Deposits Weighted Average Interest Rate Maturities Greater Than Five Years
TimeDepositsWeightedAverageInterestRateMaturitiesGreaterThanFiveYears
0.0234
CY2024Q2 us-gaap Time Deposits
TimeDeposits
1504056000 usd
CY2024Q2 us-gaap Weighted Average Rate Domestic Deposit Time Deposits
WeightedAverageRateDomesticDepositTimeDeposits
0.0435
CY2024Q2 wash Timedepositsgreaterthan Fdi Climit
TimedepositsgreaterthanFDIClimit
273300000 usd
CY2023Q4 wash Timedepositsgreaterthan Fdi Climit
TimedepositsgreaterthanFDIClimit
271200000 usd
CY2024Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22000000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
22000000 usd
CY2024Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
31585000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33500000 usd
CY2024Q2 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
9678000 usd
CY2023Q2 us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
9048000 usd
CY2024Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
2761000 usd
CY2023Q2 us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
1753000 usd
CY2024Q2 wash Card Interchange Fees
CardInterchangeFees
1275000 usd
CY2023Q2 wash Card Interchange Fees
CardInterchangeFees
1268000 usd
CY2024Q2 wash Servicechargesondeposits
Servicechargesondeposits
769000 usd
CY2023Q2 wash Servicechargesondeposits
Servicechargesondeposits
667000 usd
CY2024Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
49000 usd
CY2023Q2 us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
247000 usd
CY2024Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
753000 usd
CY2023Q2 us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
879000 usd
CY2024Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
1375000 usd
CY2023Q2 us-gaap Noninterest Income Other
NoninterestIncomeOther
463000 usd
CY2024Q2 us-gaap Noninterest Income
NoninterestIncome
16660000 usd
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
14325000 usd
CY2024Q2 us-gaap Revenues
Revenues
48245000 usd
CY2023Q2 us-gaap Revenues
Revenues
47825000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
63250000 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
70693000 usd
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
19016000 usd
us-gaap Investment Banking Advisory Brokerage And Underwriting Fees And Commissions
InvestmentBankingAdvisoryBrokerageAndUnderwritingFeesAndCommissions
17711000 usd
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
5267000 usd
us-gaap Fees And Commissions Mortgage Banking And Servicing
FeesAndCommissionsMortgageBankingAndServicing
2998000 usd
wash Card Interchange Fees
CardInterchangeFees
2420000 usd
wash Card Interchange Fees
CardInterchangeFees
2400000 usd
wash Servicechargesondeposits
Servicechargesondeposits
1454000 usd
wash Servicechargesondeposits
Servicechargesondeposits
1444000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
333000 usd
us-gaap Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
196000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
1492000 usd
us-gaap Bank Owned Life Insurance Income
BankOwnedLifeInsuranceIncome
2044000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
3841000 usd
us-gaap Noninterest Income Other
NoninterestIncomeOther
815000 usd
us-gaap Noninterest Income
NoninterestIncome
33823000 usd
us-gaap Noninterest Income
NoninterestIncome
27608000 usd
us-gaap Revenues
Revenues
97073000 usd
us-gaap Revenues
Revenues
98301000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12008000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
11327000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23446000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
22175000 usd
CY2024Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5900000 usd
CY2023Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
5500000 usd
CY2024Q2 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
1900000 usd
CY2023Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
2000000.0 usd
CY2024Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
31585000 usd
CY2023Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
33500000 usd
CY2024Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
500000 usd
CY2023Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
700000 usd
CY2024Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
31085000 usd
CY2023Q2 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
32800000 usd
CY2024Q2 us-gaap Noninterest Income
NoninterestIncome
16660000 usd
CY2023Q2 us-gaap Noninterest Income
NoninterestIncome
14325000 usd
CY2024Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1204000 usd
CY2023Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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CY2024Q2 wash Other Noninterest Expenses Related To Segments
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CY2023Q2 wash Other Noninterest Expenses Related To Segments
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CY2024Q2 us-gaap Noninterest Expense
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CY2024Q2 us-gaap Assets
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CY2023Q2 us-gaap Assets
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CY2024Q2 us-gaap Segment Expenditure Addition To Long Lived Assets
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CY2023Q2 us-gaap Segment Expenditure Addition To Long Lived Assets
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CY2024Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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CY2023Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
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OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationTax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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CY2024Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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CY2024Q2 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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CY2024Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2023Q2 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Tax
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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent1
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
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CY2024Q2 us-gaap Net Income Loss
NetIncomeLoss
10815000 usd
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
11256000 usd
us-gaap Net Income Loss
NetIncomeLoss
21751000 usd
us-gaap Net Income Loss
NetIncomeLoss
24068000 usd
CY2024Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
8000 usd
CY2023Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
19000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
20000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
48000 usd
CY2024Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
10807000 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11237000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21731000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
24020000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17052000 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17011000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17042000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17042000 shares
CY2024Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
58000 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
19000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
40000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
43000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17110000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17082000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17085000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.41
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.66
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.41
CY2024Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
459100 shares
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
CY2024Q1 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1740000 usd
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
0 usd
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1740000 usd
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1940000 usd
us-gaap Off Balance Sheet Credit Loss Liability Credit Loss Expense Reversal
OffBalanceSheetCreditLossLiabilityCreditLossExpenseReversal
-200000 usd
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
1740000 usd
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
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
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

Files In Submission

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