2016 Q1 Form 10-Q Financial Statement

#000162828016016016 Filed on May 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $20.34M $19.03M
YoY Change 6.88% 6.09%
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
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.111M $2.216M
YoY Change -4.74% -11.64%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $9.097M $9.154M
YoY Change -0.62% 32.21%
Income Tax $3.454M $3.538M
% Of Pretax Income 37.97% 38.65%
Net Earnings $5.643M $5.616M
YoY Change 0.48% 34.61%
Net Earnings / Revenue 27.75% 29.52%
Basic Earnings Per Share $0.55 $0.55
Diluted Earnings Per Share $0.55 $0.55
COMMON SHARES
Basic Shares Outstanding 10.24M shares 10.13M shares
Diluted Shares Outstanding 10.24M shares 10.13M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $438.9M $459.3M
YoY Change -4.44% -9.74%
Cash & Equivalents $100.5M $94.51M
Short-Term Investments $338.3M $364.8M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $42.01M $40.35M
YoY Change 4.12% 3.2%
Goodwill $4.805M $4.805M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.600M $8.500M
YoY Change -10.59% -24.78%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.073B $1.925B
YoY Change 7.64% 6.85%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $13.60M $13.30M
YoY Change 2.26% 12.71%
Deferred Revenue
YoY Change
Short-Term Debt $800.0K $2.600M
YoY Change -69.23% -60.61%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.40M $15.90M
YoY Change -9.43% -13.59%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $14.40M $15.90M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $1.842B $1.718B
YoY Change 7.23% 6.09%
SHAREHOLDERS EQUITY
Retained Earnings $150.6M $132.1M
YoY Change 14.05% 15.47%
Common Stock $78.67M $74.60M
YoY Change 5.45% 4.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $230.1M $207.2M
YoY Change
Total Liabilities & Shareholders Equity $2.073B $1.925B
YoY Change 7.64% 6.85%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $5.643M $5.616M
YoY Change 0.48% 34.61%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $17.61M $8.521M
YoY Change 106.61% -10.02%
INVESTING ACTIVITIES
Capital Expenditures $611.0K $844.0K
YoY Change -27.61% -40.81%
Acquisitions
YoY Change
Other Investing Activities -$61.97M -$21.89M
YoY Change 183.1% -47.15%
Cash From Investing Activities -$62.58M -$22.73M
YoY Change 175.34% -46.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $36.27M $40.71M
YoY Change -10.91% -7.13%
NET CHANGE
Cash From Operating Activities $17.61M $8.521M
Cash From Investing Activities -$62.58M -$22.73M
Cash From Financing Activities $36.27M $40.71M
Net Change In Cash -$8.708M $26.51M
YoY Change -132.85% 153.15%
FREE CASH FLOW
Cash From Operating Activities $17.61M $8.521M
Capital Expenditures $611.0K $844.0K
Free Cash Flow $16.99M $7.677M
YoY Change 121.36% -4.56%

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CY2016Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
306971000 USD
CY2015Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
28365000 USD
CY2016Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
30232000 USD
CY2015 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
11037000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7665000 USD
CY2015 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
207000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
36000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
8630000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
7273000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
194000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
183000 USD
CY2015Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
8605000 USD
CY2016Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
7263000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9154000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9097000 USD
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3538000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3454000 USD
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
683000 USD
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
523000 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
2885000 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3530000 USD
CY2015Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
222000 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
21000 USD
CY2015Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-175000 USD
CY2016Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-82000 USD
CY2015Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
2517000 USD
CY2016Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-3899000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
120000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-114000 USD
CY2015Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1923000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3884000 USD
CY2015Q1 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-818000 USD
CY2016Q1 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-1258000 USD
CY2015Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-7320000 USD
CY2016Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-1259000 USD
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4513 shares
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4228 shares
CY2015Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
531000 USD
CY2016Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
673000 USD
CY2015Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
19027000 USD
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20337000 USD
CY2015Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
17108000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
18513000 USD
CY2015Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
70000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
74000 USD
CY2015Q1 us-gaap Interest Expense
InterestExpense
2216000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
2111000 USD
CY2015Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
366000 USD
CY2016Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
376000 USD
CY2015Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
2000 USD
CY2016Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
1000 USD
CY2015Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
16736000 USD
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18159000 USD
CY2015Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
16811000 USD
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18226000 USD
CY2015Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
37000 USD
CY2016Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
77000 USD
CY2015Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
171000 USD
CY2016Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
232000 USD
CY2015Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1611000 USD
CY2016Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1411000 USD
CY2015Q1 us-gaap Interest Paid
InterestPaid
2391000 USD
CY2016Q1 us-gaap Interest Paid
InterestPaid
2193000 USD
CY2015Q4 us-gaap Interest Receivable
InterestReceivable
5244000 USD
CY2016Q1 us-gaap Interest Receivable
InterestReceivable
5265000 USD
CY2015Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
7252000 USD
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8193000 USD
CY2015Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2016Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1798166000 USD
CY2016Q1 us-gaap Liabilities
Liabilities
1842432000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2021604000 USD
CY2016Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2072569000 USD
CY2014Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22572000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22900000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22899000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
639000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
1365000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
5035000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
5240000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1471114000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1556149000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
4900000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
4300000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1466079000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1550909000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1443179000 USD
CY2016Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1528010000 USD
CY2015Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1443738000 USD
CY2016Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1532293000 USD
CY2015Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
10135000 USD
CY2016Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
6236000 USD
CY2015Q4 us-gaap Marketable Securities
MarketableSecurities
359323000 USD
CY2016Q1 us-gaap Marketable Securities
MarketableSecurities
338321000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1386308000 USD
CY2016Q1 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
1469944000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
40713000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36270000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-22729000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-62583000 USD
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8521000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17605000 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
5616000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
5643000 USD
CY2015Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
5616000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
5643000 USD
CY2015Q1 us-gaap Noninterest Expense
NoninterestExpense
12103000 USD
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
13765000 USD
CY2015Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
176000 USD
CY2016Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
176000 USD
CY2015Q1 us-gaap Noninterest Income
NoninterestIncome
4521000 USD
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
4703000 USD
CY2015Q4 us-gaap Notes Receivable Net
NotesReceivableNet
0 USD
CY2016Q1 us-gaap Notes Receivable Net
NotesReceivableNet
0 USD
CY2015Q1 us-gaap Occupancy Net
OccupancyNet
766000 USD
CY2016Q1 us-gaap Occupancy Net
OccupancyNet
838000 USD
CY2015Q4 us-gaap Other Assets
OtherAssets
13371000 USD
CY2016Q1 us-gaap Other Assets
OtherAssets
13144000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
1179000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
1780000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
731000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
1103000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1179000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1708000 USD
CY2015Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
72000 USD
CY2015Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2879000 USD
CY2016Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3366000 USD
CY2015Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
34858000 USD
CY2016Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
20536000 USD
CY2015Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2272000 USD
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2678000 USD
CY2015Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
3053000 USD
CY2016Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
10001000 USD
CY2015Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
249000 USD
CY2016Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
2509000 USD
CY2015Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
7402000 USD
CY2016Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
210000 USD
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
844000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
611000 USD
CY2015Q1 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
9669000 USD
CY2016Q1 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
9058000 USD
CY2015Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
19278000 USD
CY2016Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
20943000 USD
CY2015Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
14359000 USD
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29118000 USD
CY2015Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
158000 USD
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
667000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2016Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5983000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
33204000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
25102000 USD
CY2015Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
10000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Other Investments
ProceedsFromSaleOfOtherInvestments
0 USD
CY2015Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
388000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
CY2015Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
135000 USD
CY2016Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
47000 USD
CY2015Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42100000 USD
CY2016Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42014000 USD
CY2015Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
75000 USD
CY2016Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
67000 USD
CY2015Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
5410000 USD
CY2016Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
5565000 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
147646000 USD
CY2016Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
150611000 USD
CY2015Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
2035000 USD
CY2016Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
777000 USD
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
13000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12000 USD
CY2016Q1 us-gaap Stock Issued During Period Shares Stock Splits
StockIssuedDuringPeriodSharesStockSplits
2564091 shares
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
223438000 USD
CY2016Q1 us-gaap Stockholders Equity
StockholdersEquity
230137000 USD
CY2016Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.3333
CY2015Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2016Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
471000 USD
CY2015Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
105000 USD
CY2016Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
577000 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2016Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0 USD
CY2015Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
0 USD
CY2016Q1 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
0 USD
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10134374 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10243026 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10129861 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10238798 shares
CY2015Q4 wbhc Agriculture Loans
AgricultureLoans
1552000 USD
CY2016Q1 wbhc Agriculture Loans
AgricultureLoans
1573000 USD
CY2015Q4 wbhc Available For Sale Securities Number Of Securities Included Less Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
108 Security
CY2016Q1 wbhc Available For Sale Securities Number Of Securities Included Less Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
52 Security
CY2015Q4 wbhc Available For Sale Securities Number Of Securities Included More Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
22 Security
CY2016Q1 wbhc Available For Sale Securities Number Of Securities Included More Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
15 Security
CY2015Q4 wbhc Bank Owned Life Insurance And Annuity Contracts
BankOwnedLifeInsuranceAndAnnuityContracts
17733000 USD
CY2016Q1 wbhc Bank Owned Life Insurance And Annuity Contracts
BankOwnedLifeInsuranceAndAnnuityContracts
18072000 USD
CY2015Q4 wbhc Commitments To Extend Credit At Fair Value
CommitmentsToExtendCreditAtFairValue
0 USD
CY2016Q1 wbhc Commitments To Extend Credit At Fair Value
CommitmentsToExtendCreditAtFairValue
0 USD
CY2015Q1 wbhc Decrease Increase In Deferred Tax Assets Net
DecreaseIncreaseInDeferredTaxAssetsNet
30000 USD
CY2016Q1 wbhc Decrease Increase In Deferred Tax Assets Net
DecreaseIncreaseInDeferredTaxAssetsNet
599000 USD
CY2015Q1 wbhc Decrease Increase In Loans Made To Customers
DecreaseIncreaseInLoansMadeToCustomers
26096000 USD
CY2016Q1 wbhc Decrease Increase In Loans Made To Customers
DecreaseIncreaseInLoansMadeToCustomers
85020000 USD
CY2015Q4 wbhc Deposits And Securities Sold Under Agreements To Repurchase Carrying Amount
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseCarryingAmount
1791885000 USD
CY2016Q1 wbhc Deposits And Securities Sold Under Agreements To Repurchase Carrying Amount
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseCarryingAmount
1828819000 USD
CY2015Q4 wbhc Deposits And Securities Sold Under Agreements To Repurchase Estimated Fair Value Disclosure
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseEstimatedFairValueDisclosure
1549414000 USD
CY2016Q1 wbhc Deposits And Securities Sold Under Agreements To Repurchase Estimated Fair Value Disclosure
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseEstimatedFairValueDisclosure
1605048000 USD
CY2015Q4 wbhc Earning Assets
EarningAssets
1850869000 USD
CY2016Q1 wbhc Earning Assets
EarningAssets
1911219000 USD
CY2015Q1 wbhc Fees And Commissions Received
FeesAndCommissionsReceived
3640000 USD
CY2016Q1 wbhc Fees And Commissions Received
FeesAndCommissionsReceived
3870000 USD
CY2016Q1 wbhc Financing Receivable Non Owner Occupied Classification Thresholdfor Repayments Derivedfrom Third Party Percent
FinancingReceivableNonOwnerOccupiedClassificationThresholdforRepaymentsDerivedfromThirdPartyPercent
0.5
CY2014 wbhc Financing Receivable Thresholdfor Individually Evaluatedfor Impairment
FinancingReceivableThresholdforIndividuallyEvaluatedforImpairment
100000 USD
CY2015Q1 wbhc Financing Receivable Thresholdfor Individually Evaluatedfor Impairment
FinancingReceivableThresholdforIndividuallyEvaluatedforImpairment
500000 USD
CY2015Q1 wbhc Gain On Sales Of Other Real Estate
GainOnSalesOfOtherRealEstate
18000 USD
CY2016Q1 wbhc Gain On Sales Of Other Real Estate
GainOnSalesOfOtherRealEstate
49000 USD
CY2015Q4 wbhc Held To Maturity Securities Number Of Securities Included Less Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
13 Security
CY2016Q1 wbhc Held To Maturity Securities Number Of Securities Included Less Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
10 Security
CY2015Q4 wbhc Held To Maturity Securities Number Of Securities Included More Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
3 Security
CY2016Q1 wbhc Held To Maturity Securities Number Of Securities Included More Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
2 Security
CY2015Q1 wbhc Interest And Dividends On Restricted Securities
InterestAndDividendsOnRestrictedSecurities
30000 USD
CY2016Q1 wbhc Interest And Dividends On Restricted Securities
InterestAndDividendsOnRestrictedSecurities
30000 USD
CY2015Q1 wbhc Interest On Certificates Of Deposit And Individual Retirement Accounts
InterestOnCertificatesOfDepositAndIndividualRetirementAccounts
1343000 USD
CY2016Q1 wbhc Interest On Certificates Of Deposit And Individual Retirement Accounts
InterestOnCertificatesOfDepositAndIndividualRetirementAccounts
1249000 USD
CY2015Q1 wbhc Interest On Money Market And Savings Accounts
InterestOnMoneyMarketAndSavingsAccounts
505000 USD
CY2016Q1 wbhc Interest On Money Market And Savings Accounts
InterestOnMoneyMarketAndSavingsAccounts
485000 USD
CY2016Q1 wbhc Maximum Amount Of Impaired Loans For Measurement Using Allocation Rate
MaximumAmountOfImpairedLoansForMeasurementUsingAllocationRate
500000 USD
CY2016Q1 wbhc Minimum Past Due Of Loans For Nonaccrual Status
MinimumPastDueOfLoansForNonaccrualStatus
P90D
CY2015Q1 wbhc Net Increase In Non Interest Bearing Savings And Now Deposit Accounts
NetIncreaseInNonInterestBearingSavingsAndNowDepositAccounts
49385000 USD
CY2016Q1 wbhc Net Increase In Non Interest Bearing Savings And Now Deposit Accounts
NetIncreaseInNonInterestBearingSavingsAndNowDepositAccounts
39451000 USD
CY2015Q4 wbhc Net Unrealized Gain Loss On Available For Sale Securities Income Taxes
NetUnrealizedGainLossOnAvailableForSaleSecuritiesIncomeTaxes
527000 USD
CY2016Q1 wbhc Net Unrealized Gain Loss On Available For Sale Securities Income Taxes
NetUnrealizedGainLossOnAvailableForSaleSecuritiesIncomeTaxes
531000 USD
CY2015Q1 wbhc Non Cash Transfers From Loans To Other Assets
NonCashTransfersFromLoansToOtherAssets
0 USD
CY2016Q1 wbhc Non Cash Transfers From Loans To Other Assets
NonCashTransfersFromLoansToOtherAssets
16000 USD
CY2015Q1 wbhc Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan
ProceedsFromSaleOfCommonStockPursuantToDividendReinvestmentPlan
1603000 USD
CY2016Q1 wbhc Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan
ProceedsFromSaleOfCommonStockPursuantToDividendReinvestmentPlan
1967000 USD
CY2015 wbhc Provision For Reversal Of Provision On Loan Lease And Other Losses
ProvisionForReversalOfProvisionOnLoanLeaseAndOtherLosses
-388000 USD
CY2016Q1 wbhc Provision For Reversal Of Provision On Loan Lease And Other Losses
ProvisionForReversalOfProvisionOnLoanLeaseAndOtherLosses
-67000 USD
CY2015Q1 wbhc Reclassification Adjustment For Net Gains Losses Included Net Earnings Tax
ReclassificationAdjustmentForNetGainsLossesIncludedNetEarningsTax
0 USD
CY2016Q1 wbhc Reclassification Adjustment For Net Gains Losses Included Net Earnings Tax
ReclassificationAdjustmentForNetGainsLossesIncludedNetEarningsTax
45000 USD
CY2015Q4 wbhc Restricted Equity Securities
RestrictedEquitySecurities
3012000 USD
CY2016Q1 wbhc Restricted Equity Securities
RestrictedEquitySecurities
3012000 USD
CY2016Q1 wbhc Shares Authorized
SharesAuthorized
15000000 shares
CY2015Q4 wbhc Standby Letters Of Credit At Fair Value
StandbyLettersOfCreditAtFairValue
0 USD
CY2016Q1 wbhc Standby Letters Of Credit At Fair Value
StandbyLettersOfCreditAtFairValue
0 USD
CY2015Q4 wbhc Unrealized Gain Loss On Available For Sale Securities Net Of Income Taxes
UnrealizedGainLossOnAvailableForSaleSecuritiesNetOfIncomeTaxes
-851000 USD
CY2016Q1 wbhc Unrealized Gain Loss On Available For Sale Securities Net Of Income Taxes
UnrealizedGainLossOnAvailableForSaleSecuritiesNetOfIncomeTaxes
857000 USD
CY2016Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-align:justify;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;"> &#8212; The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the balance sheet date and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term include the determination of the allowance for loan losses, the valuation of deferred tax assets, determination of any impairment of intangibles, other-than-temporary impairment of securities, the valuation of other real estate, and the fair value of financial instruments. These financial statements should be read in conjunction with 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, 2015</font><font style="font-family:inherit;font-size:10pt;">. There have been no significant changes to the Company&#8217;s significant accounting policies as disclosed 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, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

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