2018 Q1 Form 10-Q Financial Statement

#000162828018006325 Filed on May 09, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $24.09M $21.76M
YoY Change 10.74% 6.99%
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 $2.659M $2.024M
YoY Change 31.37% -4.12%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.15M $10.36M
YoY Change -2.02% 13.91%
Income Tax $2.673M $3.867M
% Of Pretax Income 26.33% 37.32%
Net Earnings $7.480M $6.495M
YoY Change 15.17% 15.1%
Net Earnings / Revenue 31.05% 29.85%
Basic Earnings Per Share $0.71 $0.63
Diluted Earnings Per Share $0.71 $0.63
COMMON SHARES
Basic Shares Outstanding 10.51M shares 10.36M shares
Diluted Shares Outstanding 10.51M shares 10.37M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $463.5M $450.9M
YoY Change 2.8% 2.74%
Cash & Equivalents $107.4M $113.0M
Short-Term Investments $356.1M $337.9M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $57.23M $46.43M
YoY Change 23.26% 10.51%
Goodwill $4.805M $4.805M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.200M $10.90M
YoY Change -15.6% 43.42%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.401B $2.293B
YoY Change 4.72% 10.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $15.60M $15.70M
YoY Change -0.64% 15.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $1.500M
YoY Change -100.0% 87.5%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.60M $17.20M
YoY Change -9.3% 19.44%
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 $15.60M $17.20M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $2.131B $2.042B
YoY Change 4.35% 10.84%
SHAREHOLDERS EQUITY
Retained Earnings $188.8M $170.9M
YoY Change 10.48% 13.49%
Common Stock $90.19M $83.75M
YoY Change 7.68% 6.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $270.0M $250.5M
YoY Change
Total Liabilities & Shareholders Equity $2.401B $2.293B
YoY Change 4.72% 10.62%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $7.480M $6.495M
YoY Change 15.17% 15.1%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $14.18M $20.70M
YoY Change -31.48% 17.56%
INVESTING ACTIVITIES
Capital Expenditures $3.750M $2.727M
YoY Change 37.51% 346.32%
Acquisitions
YoY Change
Other Investing Activities -$74.62M -$35.79M
YoY Change 108.49% -42.25%
Cash From Investing Activities -$78.37M -$38.52M
YoY Change 103.47% -38.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $76.10M $82.90M
YoY Change -8.2% 128.57%
NET CHANGE
Cash From Operating Activities $14.18M $20.70M
Cash From Investing Activities -$78.37M -$38.52M
Cash From Financing Activities $76.10M $82.90M
Net Change In Cash $11.92M $65.08M
YoY Change -81.69% -847.4%
FREE CASH FLOW
Cash From Operating Activities $14.18M $20.70M
Capital Expenditures $3.750M $2.727M
Free Cash Flow $10.43M $17.97M
YoY Change -41.96% 5.74%

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CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Single Maturity Date Fair Value
HeldToMaturitySecuritiesDebtMaturitiesSingleMaturityDateFairValue
30602000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Fair Value
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearFairValue
3696000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Within One Year Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithinOneYearNetCarryingAmount
3698000 USD
CY2018Q1 us-gaap Held To Maturity Securities Debt Maturities Without Single Maturity Date Net Carrying Amount
HeldToMaturitySecuritiesDebtMaturitiesWithoutSingleMaturityDateNetCarryingAmount
31490000 USD
CY2017Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
32111000 USD
CY2018Q1 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
30602000 USD
CY2017 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
6379000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
ImpairedFinancingReceivableAverageRecordedInvestment
7410000 USD
CY2017 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
252000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
70000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
6958000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
7859000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
427000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
1274000 USD
CY2017Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
7131000 USD
CY2018Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
ImpairedFinancingReceivableUnpaidPrincipalBalance
8062000 USD
CY2017Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10362000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
10153000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3867000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
1773000 USD
CY2017Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-592000 USD
CY2018Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
37000 USD
CY2017Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-133000 USD
CY2018Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
97000 USD
CY2017Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
-6495000 USD
CY2018Q1 us-gaap Increase Decrease In Loans Held For Sale
IncreaseDecreaseInLoansHeldForSale
644000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-178000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7000 USD
CY2017Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2091000 USD
CY2018Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3080000 USD
CY2017Q1 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
773000 USD
CY2018Q1 us-gaap Increase Decrease In Payables Under Repurchase Agreements
IncreaseDecreaseInPayablesUnderRepurchaseAgreements
-864000 USD
CY2017Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
14126000 USD
CY2018Q1 us-gaap Increase Decrease In Time Deposits
IncreaseDecreaseInTimeDeposits
24615000 USD
CY2017Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4941 shares
CY2018Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5803 shares
CY2017Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
646000 USD
CY2018Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
710000 USD
CY2017Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
21758000 USD
CY2018Q1 us-gaap Interest And Dividend Income Operating
InterestAndDividendIncomeOperating
24094000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
19945000 USD
CY2018Q1 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
21833000 USD
CY2017Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
66000 USD
CY2018Q1 us-gaap Interest And Fee Income Loans And Leases Held For Sale
InterestAndFeeIncomeLoansAndLeasesHeldForSale
39000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
2024000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
2659000 USD
CY2017Q1 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
8000 USD
CY2018Q1 us-gaap Interest Expense Federal Funds Purchased
InterestExpenseFederalFundsPurchased
0 USD
CY2017Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
319000 USD
CY2018Q1 us-gaap Interest Expense Negotiable Order Of Withdrawal Now Deposits
InterestExpenseNegotiableOrderOfWithdrawalNOWDeposits
344000 USD
CY2017Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
1000 USD
CY2018Q1 us-gaap Interest Expense Securities Sold Under Agreements To Repurchase
InterestExpenseSecuritiesSoldUnderAgreementsToRepurchase
16000 USD
CY2017Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
25000 USD
CY2018Q1 us-gaap Interest Income Deposits With Financial Institutions
InterestIncomeDepositsWithFinancialInstitutions
67000 USD
CY2017Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
19345000 USD
CY2018Q1 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
20412000 USD
CY2017Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19734000 USD
CY2018Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
21435000 USD
CY2017Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
71000 USD
CY2018Q1 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
154000 USD
CY2017Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
337000 USD
CY2018Q1 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
303000 USD
CY2017Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1283000 USD
CY2018Q1 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
1666000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
2157000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
2562000 USD
CY2017Q4 us-gaap Interest Receivable
InterestReceivable
6266000 USD
CY2018Q1 us-gaap Interest Receivable
InterestReceivable
6303000 USD
CY2017Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
8847000 USD
CY2018Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9823000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2018Q1 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 USD
CY2017Q4 us-gaap Liabilities
Liabilities
2049303000 USD
CY2018Q1 us-gaap Liabilities
Liabilities
2130878000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2317033000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2400901000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
22731000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
23909000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
24846000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
201000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Consumer Mortgage
LoansAndLeasesReceivableConsumerMortgage
341000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
7379000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Deferred Income
LoansAndLeasesReceivableDeferredIncome
7446000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1758541000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1835175000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
1700000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Impaired Nonperforming Nonaccrual Of Interest
LoansAndLeasesReceivableImpairedNonperformingNonaccrualOfInterest
2100000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1751162000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1827729000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1727253000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1802883000 USD
CY2017Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1724937000 USD
CY2018Q1 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
1793105000 USD
CY2017Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
5106000 USD
CY2018Q1 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
5750000 USD
CY2017Q4 us-gaap Marketable Securities
MarketableSecurities
365196000 USD
CY2018Q1 us-gaap Marketable Securities
MarketableSecurities
356070000 USD
CY2017Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
399000 USD
CY2018Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
482000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
82904000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
76104000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-38516000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-78368000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
20696000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14180000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
6495000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
7480000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
6495000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
7480000 USD
CY2017Q1 us-gaap Noninterest Expense
NoninterestExpense
14237000 USD
CY2018Q1 us-gaap Noninterest Expense
NoninterestExpense
16049000 USD
CY2017Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
162000 USD
CY2018Q1 us-gaap Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
149000 USD
CY2017Q1 us-gaap Noninterest Income
NoninterestIncome
5254000 USD
CY2018Q1 us-gaap Noninterest Income
NoninterestIncome
5790000 USD
CY2017Q1 us-gaap Occupancy Net
OccupancyNet
851000 USD
CY2018Q1 us-gaap Occupancy Net
OccupancyNet
963000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
17128000 USD
CY2018Q1 us-gaap Other Assets
OtherAssets
16921000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-89000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Reclassification Adjustments Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeReclassificationAdjustmentsNetOfTax
-4766000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
-57000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Before Reclassification Adjustments Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesBeforeReclassificationAdjustmentsTax
-1687000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-66000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-4766000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-23000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2017Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2232000 USD
CY2018Q1 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
2653000 USD
CY2017Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
24449000 USD
CY2018Q1 us-gaap Payments For Origination Of Mortgage Loans Held For Sale
PaymentsForOriginationOfMortgageLoansHeldForSale
28478000 USD
CY2017Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3096000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3658000 USD
CY2017Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
12563000 USD
CY2018Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
9118000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2727000 USD
CY2018Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3750000 USD
CY2017Q1 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
10955000 USD
CY2018Q1 us-gaap Payments To Suppliers And Employees
PaymentsToSuppliersAndEmployees
11926000 USD
CY2017Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
23059000 USD
CY2018Q1 us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
24710000 USD
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
9556000 USD
CY2018Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
10210000 USD
CY2017Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
1046000 USD
CY2018Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Held To Maturity Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfHeldToMaturitySecurities
928000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
12446000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2017Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
31920000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
28865000 USD
CY2017Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
2053000 USD
CY2018Q1 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
15000 USD
CY2017Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
93000 USD
CY2018Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
235000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
54215000 USD
CY2018Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57229000 USD
CY2018Q1 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
0 USD
CY2017Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
389000 USD
CY2018Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1023000 USD
CY2017Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1635000 USD
CY2018Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1620000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
185017000 USD
CY2018Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
188839000 USD
CY2017Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
864000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
79000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
100000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
1.00
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
267730000 USD
CY2018Q1 us-gaap Stockholders Equity
StockholdersEquity
270023000 USD
CY2017Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
16000 USD
CY2018Q1 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2017Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
80000 USD
CY2018Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2017Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
0 USD
CY2018Q1 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
0 USD
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10365717 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10513076 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10360776 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10507273 shares
CY2017Q1 wbhc Atm Interchange Expense
ATMInterchangeExpense
580000 USD
CY2018Q1 wbhc Atm Interchange Expense
ATMInterchangeExpense
684000 USD
CY2017Q4 wbhc Available For Sale Securities Number Of Securities Included Less Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
80 security
CY2018Q1 wbhc Available For Sale Securities Number Of Securities Included Less Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
86 security
CY2017Q4 wbhc Available For Sale Securities Number Of Securities Included More Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
139 security
CY2018Q1 wbhc Available For Sale Securities Number Of Securities Included More Than Twelve Months
AvailableForSaleSecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
140 security
CY2017Q4 wbhc Bank Owned Life Insurance And Annuity Contracts
BankOwnedLifeInsuranceAndAnnuityContracts
29475000 USD
CY2018Q1 wbhc Bank Owned Life Insurance And Annuity Contracts
BankOwnedLifeInsuranceAndAnnuityContracts
29689000 USD
CY2017Q4 wbhc Commitments To Extend Credit At Fair Value
CommitmentsToExtendCreditAtFairValue
0 USD
CY2018Q1 wbhc Commitments To Extend Credit At Fair Value
CommitmentsToExtendCreditAtFairValue
0 USD
CY2017Q1 wbhc Decrease Increase In Deferred Tax Assets Net
DecreaseIncreaseInDeferredTaxAssetsNet
131000 USD
CY2018Q1 wbhc Decrease Increase In Deferred Tax Assets Net
DecreaseIncreaseInDeferredTaxAssetsNet
74000 USD
CY2017Q1 wbhc Decrease Increase In Loans Made To Customers
DecreaseIncreaseInLoansMadeToCustomers
48327000 USD
CY2018Q1 wbhc Decrease Increase In Loans Made To Customers
DecreaseIncreaseInLoansMadeToCustomers
76653000 USD
CY2017Q4 wbhc Deposits And Securities Sold Under Agreements To Repurchase Carrying Amount
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseCarryingAmount
2038609000 USD
CY2018Q1 wbhc Deposits And Securities Sold Under Agreements To Repurchase Carrying Amount
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseCarryingAmount
2115234000 USD
CY2017Q4 wbhc Deposits And Securities Sold Under Agreements To Repurchase Estimated Fair Value Disclosure
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseEstimatedFairValueDisclosure
1812011000 USD
CY2018Q1 wbhc Deposits And Securities Sold Under Agreements To Repurchase Estimated Fair Value Disclosure
DepositsAndSecuritiesSoldUnderAgreementsToRepurchaseEstimatedFairValueDisclosure
1847706000 USD
CY2017Q4 wbhc Earning Assets
EarningAssets
2145032000 USD
CY2018Q1 wbhc Earning Assets
EarningAssets
2234807000 USD
CY2017Q1 wbhc Fees And Commissions Received
FeesAndCommissionsReceived
4070000 USD
CY2018Q1 wbhc Fees And Commissions Received
FeesAndCommissionsReceived
4545000 USD
CY2018Q1 wbhc Financing Receivable Non Owner Occupied Classification Thresholdfor Repayments Derivedfrom Third Party Percent
FinancingReceivableNonOwnerOccupiedClassificationThresholdforRepaymentsDerivedfromThirdPartyPercent
0.5
CY2018Q1 wbhc Financing Receivable Thresholdfor Individually Evaluatedfor Impairment
FinancingReceivableThresholdforIndividuallyEvaluatedforImpairment
500000 USD
CY2017Q4 wbhc Held To Maturity Securities Number Of Securities Included Less Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
31 security
CY2018Q1 wbhc Held To Maturity Securities Number Of Securities Included Less Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedLessThanTwelveMonths
32 security
CY2017Q4 wbhc Held To Maturity Securities Number Of Securities Included More Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
23 security
CY2018Q1 wbhc Held To Maturity Securities Number Of Securities Included More Than Twelve Months
HeldToMaturitySecuritiesNumberOfSecuritiesIncludedMoreThanTwelveMonths
23 security
CY2017Q1 wbhc Interest And Dividends On Restricted Securities
InterestAndDividendsOnRestrictedSecurities
31000 USD
CY2018Q1 wbhc Interest And Dividends On Restricted Securities
InterestAndDividendsOnRestrictedSecurities
32000 USD
CY2017Q4 wbhc Interest Bearing Deposit Assets
InterestBearingDepositAssets
44465000 USD
CY2018Q1 wbhc Interest Bearing Deposit Assets
InterestBearingDepositAssets
52092000 USD
CY2017Q1 wbhc Interest On Certificates Of Deposit And Individual Retirement Accounts
InterestOnCertificatesOfDepositAndIndividualRetirementAccounts
1250000 USD
CY2018Q1 wbhc Interest On Certificates Of Deposit And Individual Retirement Accounts
InterestOnCertificatesOfDepositAndIndividualRetirementAccounts
1592000 USD
CY2017Q1 wbhc Interest On Money Market And Savings Accounts
InterestOnMoneyMarketAndSavingsAccounts
446000 USD
CY2018Q1 wbhc Interest On Money Market And Savings Accounts
InterestOnMoneyMarketAndSavingsAccounts
707000 USD
CY2018Q1 wbhc Maximum Amount Of Impaired Loans For Measurement Using Allocation Rate
MaximumAmountOfImpairedLoansForMeasurementUsingAllocationRate
500000 USD
CY2018Q1 wbhc Minimum Past Due Of Loans For Nonaccrual Status
MinimumPastDueOfLoansForNonaccrualStatus
P90D
CY2017Q1 wbhc Net Increase In Non Interest Bearing Savings And Now Deposit Accounts
NetIncreaseInNonInterestBearingSavingsAndNowDepositAccounts
68610000 USD
CY2018Q1 wbhc Net Increase In Non Interest Bearing Savings And Now Deposit Accounts
NetIncreaseInNonInterestBearingSavingsAndNowDepositAccounts
52874000 USD
CY2017Q4 wbhc Net Unrealized Gain Loss On Available For Sale Securities Income Taxes
NetUnrealizedGainLossOnAvailableForSaleSecuritiesIncomeTaxes
1498000 USD
CY2018Q1 wbhc Net Unrealized Gain Loss On Available For Sale Securities Income Taxes
NetUnrealizedGainLossOnAvailableForSaleSecuritiesIncomeTaxes
3185000 USD
CY2017Q1 wbhc Non Cash Transfers From Loans To Other Assets
NonCashTransfersFromLoansToOtherAssets
2000 USD
CY2018Q1 wbhc Non Cash Transfers From Loans To Other Assets
NonCashTransfersFromLoansToOtherAssets
0 USD
CY2017Q1 wbhc Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan
ProceedsFromSaleOfCommonStockPursuantToDividendReinvestmentPlan
2398000 USD
CY2018Q1 wbhc Proceeds From Sale Of Common Stock Pursuant To Dividend Reinvestment Plan
ProceedsFromSaleOfCommonStockPursuantToDividendReinvestmentPlan
2902000 USD
CY2017 wbhc Provision For Reversal Of Provision On Loan Lease And Other Losses
ProvisionForReversalOfProvisionOnLoanLeaseAndOtherLosses
1681000 USD
CY2018Q1 wbhc Provision For Reversal Of Provision On Loan Lease And Other Losses
ProvisionForReversalOfProvisionOnLoanLeaseAndOtherLosses
1023000 USD
CY2017Q1 wbhc Reclassification Adjustment For Net Gains Losses Included Net Earnings Tax
ReclassificationAdjustmentForNetGainsLossesIncludedNetEarningsTax
-15000 USD
CY2018Q1 wbhc Reclassification Adjustment For Net Gains Losses Included Net Earnings Tax
ReclassificationAdjustmentForNetGainsLossesIncludedNetEarningsTax
0 USD
CY2017Q4 wbhc Restricted Equity Securities
RestrictedEquitySecurities
3012000 USD
CY2018Q1 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
CY2017Q4 wbhc Standby Letters Of Credit At Fair Value
StandbyLettersOfCreditAtFairValue
0 USD
CY2018Q1 wbhc Standby Letters Of Credit At Fair Value
StandbyLettersOfCreditAtFairValue
0 USD
CY2017Q4 wbhc Unrealized Gain Loss On Available For Sale Securities Net Of Income Taxes
UnrealizedGainLossOnAvailableForSaleSecuritiesNetOfIncomeTaxes
-4235000 USD
CY2018Q1 wbhc Unrealized Gain Loss On Available For Sale Securities Net Of Income Taxes
UnrealizedGainLossOnAvailableForSaleSecuritiesNetOfIncomeTaxes
-9001000 USD
CY2018Q1 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, 2017</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, 2017</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>

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wbhc-20180331.xml Edgar Link completed
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