2017 Q1 Form 10-Q Financial Statement

#000162828017005208 Filed on May 09, 2017

View on sec.gov

Income Statement

Concept 2017 Q1 2016 Q1
Revenue $21.76M $20.34M
YoY Change 6.99% 6.88%
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
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $2.024M $2.111M
YoY Change -4.12% -4.74%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.36M $9.097M
YoY Change 13.91% -0.62%
Income Tax $3.867M $3.454M
% Of Pretax Income 37.32% 37.97%
Net Earnings $6.495M $5.643M
YoY Change 15.1% 0.48%
Net Earnings / Revenue 29.85% 27.75%
Basic Earnings Per Share $0.63 $0.55
Diluted Earnings Per Share $0.63 $0.55
COMMON SHARES
Basic Shares Outstanding 10.36M shares 10.24M shares
Diluted Shares Outstanding 10.37M shares 10.24M shares

Balance Sheet

Concept 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $450.9M $438.9M
YoY Change 2.74% -4.44%
Cash & Equivalents $113.0M $100.5M
Short-Term Investments $337.9M $338.3M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $46.43M $42.01M
YoY Change 10.51% 4.12%
Goodwill $4.805M $4.805M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.90M $7.600M
YoY Change 43.42% -10.59%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.293B $2.073B
YoY Change 10.62% 7.64%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $15.70M $13.60M
YoY Change 15.44% 2.26%
Deferred Revenue
YoY Change
Short-Term Debt $1.500M $800.0K
YoY Change 87.5% -69.23%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $17.20M $14.40M
YoY Change 19.44% -9.43%
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 $17.20M $14.40M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $2.042B $1.842B
YoY Change 10.84% 7.23%
SHAREHOLDERS EQUITY
Retained Earnings $170.9M $150.6M
YoY Change 13.49% 14.05%
Common Stock $83.75M $78.67M
YoY Change 6.46% 5.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $250.5M $230.1M
YoY Change
Total Liabilities & Shareholders Equity $2.293B $2.073B
YoY Change 10.62% 7.64%

Cashflow Statement

Concept 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income $6.495M $5.643M
YoY Change 15.1% 0.48%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $20.70M $17.61M
YoY Change 17.56% 106.61%
INVESTING ACTIVITIES
Capital Expenditures $2.727M $611.0K
YoY Change 346.32% -27.61%
Acquisitions
YoY Change
Other Investing Activities -$35.79M -$61.97M
YoY Change -42.25% 183.1%
Cash From Investing Activities -$38.52M -$62.58M
YoY Change -38.46% 175.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $82.90M $36.27M
YoY Change 128.57% -10.91%
NET CHANGE
Cash From Operating Activities $20.70M $17.61M
Cash From Investing Activities -$38.52M -$62.58M
Cash From Financing Activities $82.90M $36.27M
Net Change In Cash $65.08M -$8.708M
YoY Change -847.4% -132.85%
FREE CASH FLOW
Cash From Operating Activities $20.70M $17.61M
Capital Expenditures $2.727M $611.0K
Free Cash Flow $17.97M $16.99M
YoY Change 5.74% 121.36%

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CY2016 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
169000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
44000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
7108000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
6369000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
316000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
503000 USD
CY2016Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
7089000 USD
CY2017Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
6525000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9097000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10362000 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3454000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3867000 USD
CY2016Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
523000 USD
CY2017Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
792000 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3530000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
3206000 USD
CY2016Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
21000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-592000 USD
CY2016Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-82000 USD
CY2017Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-133000 USD
CY2016Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-3899000 USD
CY2017Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-6495000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-114000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-178000 USD
CY2016Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3884000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2091000 USD
CY2016Q1 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-1258000 USD
CY2017Q1 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
773000 USD
CY2016Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
-1259000 USD
CY2017Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
14126000 USD
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4228 shares
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4941 shares
CY2016Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
673000 USD
CY2017Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
646000 USD
CY2016Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
20337000 USD
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
21758000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
18513000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
19945000 USD
CY2016Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
74000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
66000 USD
CY2016Q1 us-gaap Interest Expense
InterestExpense
2111000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
2024000 USD
CY2016Q1 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
0 USD
CY2017Q1 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
8000 USD
CY2016Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
376000 USD
CY2017Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
319000 USD
CY2016Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
1000 USD
CY2017Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
1000 USD
CY2016Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
18159000 USD
CY2017Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
19345000 USD
CY2016Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
18226000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19734000 USD
CY2016Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
77000 USD
CY2017Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
96000 USD
CY2016Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
232000 USD
CY2017Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
337000 USD
CY2016Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1411000 USD
CY2017Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1283000 USD
CY2016Q1 us-gaap Interest Paid
InterestPaid
2193000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
2157000 USD
CY2016Q4 us-gaap Interest Receivable
InterestReceivable
6104000 USD
CY2017Q1 us-gaap Interest Receivable
InterestReceivable
5512000 USD
CY2016Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8193000 USD
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8847000 USD
CY2016Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2017Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1953431000 USD
CY2017Q1 us-gaap Liabilities
Liabilities
2042104000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2198051000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2292626000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22900000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22731000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22987000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
389000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
746000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
6606000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
7348000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1696425000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1745295000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
3000000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
2700000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1689819000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1737947000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1667088000 USD
CY2017Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1714960000 USD
CY2016Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1673568000 USD
CY2017Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1713630000 USD
CY2016Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
14788000 USD
CY2017Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
8293000 USD
CY2016Q1 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
0 USD
CY2017Q1 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
38000 USD
CY2016Q4 us-gaap Marketable Securities
MarketableSecurities
349209000 USD
CY2017Q1 us-gaap Marketable Securities
MarketableSecurities
337869000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
36270000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
82904000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-62583000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38516000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17605000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20696000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
5643000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
6495000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
5643000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
6495000 USD
CY2016Q1 us-gaap Noninterest Expense
NoninterestExpense
13765000 USD
CY2017Q1 us-gaap Noninterest Expense
NoninterestExpense
14275000 USD
CY2016Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
176000 USD
CY2017Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
162000 USD
CY2016Q1 us-gaap Noninterest Income
NoninterestIncome
4703000 USD
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
5292000 USD
CY2016Q1 us-gaap Occupancy Net
OccupancyNet
838000 USD
CY2017Q1 us-gaap Occupancy Net
OccupancyNet
851000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
16812000 USD
CY2017Q1 us-gaap Other Assets
OtherAssets
16414000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
1780000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-89000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
1103000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
57000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1708000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-66000 USD
CY2016Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
72000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-23000 USD
CY2016Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3366000 USD
CY2017Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
3211000 USD
CY2016Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
20536000 USD
CY2017Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
24449000 USD
CY2016Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2678000 USD
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3096000 USD
CY2016Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
10001000 USD
CY2017Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
12563000 USD
CY2016Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
2509000 USD
CY2017Q1 us-gaap Payments To Acquire Held To Maturity Securities
PaymentsToAcquireHeldToMaturitySecurities
0 USD
CY2016Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
210000 USD
CY2017Q1 us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
0 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
611000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2727000 USD
CY2016Q1 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
9058000 USD
CY2017Q1 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
10955000 USD
CY2016Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
20943000 USD
CY2017Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
23059000 USD
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
29118000 USD
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9556000 USD
CY2016Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
667000 USD
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
1046000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5983000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
12446000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
25102000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
31920000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
0 USD
CY2017Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
2053000 USD
CY2016Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
47000 USD
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
93000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
44414000 USD
CY2017Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
46429000 USD
CY2016Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
67000 USD
CY2017Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
389000 USD
CY2016Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
4527000 USD
CY2017Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
2562000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
167523000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
170922000 USD
CY2016Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
736000 USD
CY2017Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
1509000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
12000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
79000 USD
CY2017Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2017Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
1
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
244620000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
250522000 USD
CY2016Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
1.3333
CY2016Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
471000 USD
CY2017Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
16000 USD
CY2016Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
577000 USD
CY2017Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
80000 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAccrued
0 USD
CY2017Q1 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Accrued
UnrecognizedTaxBenefitsInterestOnIncomeTaxesAccrued
0 USD
CY2016Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
0 USD
CY2017Q1 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
0 USD
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10243026 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10365717 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10238798 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10360776 shares
CY2016Q4 wbhc Available For Sale Securities Number Of Securities Included Less Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
220 security
CY2017Q1 wbhc Available For Sale Securities Number Of Securities Included Less Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
214 security
CY2016Q4 wbhc Available For Sale Securities Number Of Securities Included More Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
9 security
CY2017Q1 wbhc Available For Sale Securities Number Of Securities Included More Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
8 security
CY2016Q4 wbhc Bank Owned Life Insurance And Annuity Contracts
BankOwnedLifeInsuranceAndAnnuityContracts
28616000 USD
CY2017Q1 wbhc Bank Owned Life Insurance And Annuity Contracts
BankOwnedLifeInsuranceAndAnnuityContracts
28838000 USD
CY2016Q4 wbhc Commitments To Extend Credit At Fair Value
CommitmentsToExtendCreditAtFairValue
0 USD
CY2017Q1 wbhc Commitments To Extend Credit At Fair Value
CommitmentsToExtendCreditAtFairValue
0 USD
CY2016Q1 wbhc Decrease Increase In Deferred Tax Assets Net
DecreaseIncreaseInDeferredTaxAssetsNet
599000 USD
CY2017Q1 wbhc Decrease Increase In Deferred Tax Assets Net
DecreaseIncreaseInDeferredTaxAssetsNet
131000 USD
CY2016Q1 wbhc Decrease Increase In Loans Made To Customers
DecreaseIncreaseInLoansMadeToCustomers
85020000 USD
CY2017Q1 wbhc Decrease Increase In Loans Made To Customers
DecreaseIncreaseInLoansMadeToCustomers
48327000 USD
CY2016Q4 wbhc Deposits And Securities Sold Under Agreements To Repurchase Carrying Amount
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseCarryingAmount
1942871000 USD
CY2017Q1 wbhc Deposits And Securities Sold Under Agreements To Repurchase Carrying Amount
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseCarryingAmount
2026380000 USD
CY2016Q4 wbhc Deposits And Securities Sold Under Agreements To Repurchase Estimated Fair Value Disclosure
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseEstimatedFairValueDisclosure
1631032000 USD
CY2017Q1 wbhc Deposits And Securities Sold Under Agreements To Repurchase Estimated Fair Value Disclosure
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseEstimatedFairValueDisclosure
1713890000 USD
CY2016Q4 wbhc Earning Assets
EarningAssets
2034097000 USD
CY2017Q1 wbhc Earning Assets
EarningAssets
2082884000 USD
CY2016Q1 wbhc Fees And Commissions Received
FeesAndCommissionsReceived
3870000 USD
CY2017Q1 wbhc Fees And Commissions Received
FeesAndCommissionsReceived
4070000 USD
CY2017Q1 wbhc Financing Receivable Non Owner Occupied Classification Thresholdfor Repayments Derivedfrom Third Party Percent
FinancingReceivableNonOwnerOccupiedClassificationThresholdforRepaymentsDerivedfromThirdPartyPercent
0.5
CY2017Q1 wbhc Financing Receivable Thresholdfor Individually Evaluatedfor Impairment
FinancingReceivableThresholdforIndividuallyEvaluatedforImpairment
500000 USD
CY2016Q1 wbhc Gain On Sales Of Other Real Estate
GainOnSalesOfOtherRealEstate
49000 USD
CY2017Q1 wbhc Gain On Sales Of Other Real Estate
GainOnSalesOfOtherRealEstate
24000 USD
CY2016Q4 wbhc Held To Maturity Securities Number Of Securities Included Less Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
48 security
CY2017Q1 wbhc Held To Maturity Securities Number Of Securities Included Less Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
45 security
CY2016Q4 wbhc Held To Maturity Securities Number Of Securities Included More Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
1 security
CY2017Q1 wbhc Held To Maturity Securities Number Of Securities Included More Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
1 security
CY2016Q1 wbhc Interest And Dividends On Restricted Securities
InterestAndDividendsOnRestrictedSecurities
30000 USD
CY2017Q1 wbhc Interest And Dividends On Restricted Securities
InterestAndDividendsOnRestrictedSecurities
31000 USD
CY2016Q1 wbhc Interest On Certificates Of Deposit And Individual Retirement Accounts
InterestOnCertificatesOfDepositAndIndividualRetirementAccounts
1249000 USD
CY2017Q1 wbhc Interest On Certificates Of Deposit And Individual Retirement Accounts
InterestOnCertificatesOfDepositAndIndividualRetirementAccounts
1250000 USD
CY2016Q1 wbhc Interest On Money Market And Savings Accounts
InterestOnMoneyMarketAndSavingsAccounts
485000 USD
CY2017Q1 wbhc Interest On Money Market And Savings Accounts
InterestOnMoneyMarketAndSavingsAccounts
446000 USD
CY2017Q1 wbhc Maximum Amount Of Impaired Loans For Measurement Using Allocation Rate
MaximumAmountOfImpairedLoansForMeasurementUsingAllocationRate
500000 USD
CY2017Q1 wbhc Minimum Past Due Of Loans For Nonaccrual Status
MinimumPastDueOfLoansForNonaccrualStatus
P90D
CY2016Q1 wbhc Net Increase In Non Interest Bearing Savings And Now Deposit Accounts
NetIncreaseInNonInterestBearingSavingsAndNowDepositAccounts
39451000 USD
CY2017Q1 wbhc Net Increase In Non Interest Bearing Savings And Now Deposit Accounts
NetIncreaseInNonInterestBearingSavingsAndNowDepositAccounts
68610000 USD
CY2016Q4 wbhc Net Unrealized Gain Loss On Available For Sale Securities Income Taxes
NetUnrealizedGainLossOnAvailableForSaleSecuritiesIncomeTaxes
2533000 USD
CY2017Q1 wbhc Net Unrealized Gain Loss On Available For Sale Securities Income Taxes
NetUnrealizedGainLossOnAvailableForSaleSecuritiesIncomeTaxes
2575000 USD
CY2016Q1 wbhc Non Cash Transfers From Loans To Other Assets
NonCashTransfersFromLoansToOtherAssets
16000 USD
CY2017Q1 wbhc Non Cash Transfers From Loans To Other Assets
NonCashTransfersFromLoansToOtherAssets
2000 USD
CY2016Q1 wbhc Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan
ProceedsFromSaleOfCommonStockPursuantToDividendReinvestmentPlan
1967000 USD
CY2017Q1 wbhc Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan
ProceedsFromSaleOfCommonStockPursuantToDividendReinvestmentPlan
2398000 USD
CY2016 wbhc Provision For Reversal Of Provision On Loan Lease And Other Losses
ProvisionForReversalOfProvisionOnLoanLeaseAndOtherLosses
379000 USD
CY2017Q1 wbhc Provision For Reversal Of Provision On Loan Lease And Other Losses
ProvisionForReversalOfProvisionOnLoanLeaseAndOtherLosses
389000 USD
CY2016Q1 wbhc Reclassification Adjustment For Net Gains Losses Included Net Earnings Tax
ReclassificationAdjustmentForNetGainsLossesIncludedNetEarningsTax
45000 USD
CY2017Q1 wbhc Reclassification Adjustment For Net Gains Losses Included Net Earnings Tax
ReclassificationAdjustmentForNetGainsLossesIncludedNetEarningsTax
15000 USD
CY2016Q4 wbhc Restricted Equity Securities
RestrictedEquitySecurities
3012000 USD
CY2017Q1 wbhc Restricted Equity Securities
RestrictedEquitySecurities
3012000 USD
CY1999Q2 wbhc Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized Percentage
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorizedPercentage
0.05
CY2016Q4 wbhc Standby Letters Of Credit At Fair Value
StandbyLettersOfCreditAtFairValue
0 USD
CY2017Q1 wbhc Standby Letters Of Credit At Fair Value
StandbyLettersOfCreditAtFairValue
0 USD
CY2016Q4 wbhc Unrealized Gain Loss On Available For Sale Securities Net Of Income Taxes
UnrealizedGainLossOnAvailableForSaleSecuritiesNetOfIncomeTaxes
-4083000 USD
CY2017Q1 wbhc Unrealized Gain Loss On Available For Sale Securities Net Of Income Taxes
UnrealizedGainLossOnAvailableForSaleSecuritiesNetOfIncomeTaxes
-4149000 USD
CY2017Q1 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, 2016</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, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

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