2011 Form 10-K Financial Statement

#000116692812000013 Filed on March 07, 2012

View on sec.gov

Income Statement

Concept 2011 2010 Q4 2010
Revenue $53.32M $61.14M
YoY Change -12.8%
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 $612.0K $140.0K $582.0K
YoY Change 5.15% -17.65% -15.41%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $11.92M $19.02M
YoY Change -37.35% -28.58%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $21.34M $5.320M $18.71M
YoY Change 14.04% 55.1% -250.83%
Income Tax $6.072M $1.820M $5.330M
% Of Pretax Income 28.45% 34.21% 28.48%
Net Earnings $15.27M $3.500M $13.38M
YoY Change 14.09% 24.11% -191.56%
Net Earnings / Revenue 28.64% 21.89%
Basic Earnings Per Share $0.74 $0.64
Diluted Earnings Per Share $0.74 $201.1K $0.64
COMMON SHARES
Basic Shares Outstanding 17.40M shares 17.40M shares
Diluted Shares Outstanding 17.40M shares 17.40M shares

Balance Sheet

Concept 2011 2010 Q4 2010
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $87.95M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $5.400M $5.068M $5.100M
YoY Change 5.88% -4.38% -3.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $8.400M $11.20M $11.20M
YoY Change -25.0% -12.5% -12.5%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $1.270B $1.305B $1.306B
YoY Change -2.76% -17.12% -17.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $7.200M $7.300M $7.300M
YoY Change -1.37% 5.8%
Deferred Revenue
YoY Change
Short-Term Debt $55.80M $52.10M $52.10M
YoY Change 7.1% 29.28% 29.28%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.200M $7.300M $7.300M
YoY Change -1.37% 5.8% -81.89%
LONG-TERM LIABILITIES
Long-Term Debt $20.60M $20.60M $20.60M
YoY Change 0.0% 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $20.60M $20.60M $20.60M
YoY Change 0.0% 0.0% -25.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.200M $7.300M $7.300M
Total Long-Term Liabilities $20.60M $20.60M $20.60M
Total Liabilities $1.146B $1.160B $1.160B
YoY Change -1.2% -19.55% -19.56%
SHAREHOLDERS EQUITY
Retained Earnings $76.19M
YoY Change
Common Stock $3.000M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $123.5M $145.4M $145.4M
YoY Change
Total Liabilities & Shareholders Equity $1.270B $1.305B $1.306B
YoY Change -2.76% -17.12% -17.12%

Cashflow Statement

Concept 2011 2010 Q4 2010
OPERATING ACTIVITIES
Net Income $15.27M $3.500M $13.38M
YoY Change 14.09% 24.11% -191.56%
Depreciation, Depletion And Amortization $612.0K $140.0K $582.0K
YoY Change 5.15% -17.65% -15.41%
Cash From Operating Activities $26.03M $8.290M $25.08M
YoY Change 3.77% 886.9% 42.43%
INVESTING ACTIVITIES
Capital Expenditures $981.0K -$40.00K $368.0K
YoY Change 166.58% -90.24% -72.7%
Acquisitions
YoY Change
Other Investing Activities $28.75M $36.73M $216.8M
YoY Change -86.74% -137.07% -281.06%
Cash From Investing Activities $27.77M $36.70M $216.5M
YoY Change -87.17% -136.9% -278.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $0.00 $20.00M
YoY Change -100.0%
Cash From Financing Activities -$54.65M -45.62M -$285.1M
YoY Change -80.83% -158.63% -849.91%
NET CHANGE
Cash From Operating Activities $26.03M 8.290M $25.08M
Cash From Investing Activities $27.77M 36.70M $216.5M
Cash From Financing Activities -$54.65M -45.62M -$285.1M
Net Change In Cash -$850.0K -630.0K -$43.54M
YoY Change -98.05% -96.97% -33.5%
FREE CASH FLOW
Cash From Operating Activities $26.03M $8.290M $25.08M
Capital Expenditures $981.0K -$40.00K $368.0K
Free Cash Flow $25.05M $8.330M $24.72M
YoY Change 1.35% 566.4% 51.98%

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CY2009 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
12910000 USD
CY2011 us-gaap Interest Expense Time Deposits
InterestExpenseTimeDeposits
4084000 USD
CY2009 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
16594000 USD
CY2011 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
40852000 USD
CY2010 us-gaap Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
36070000 USD
CY2010 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
42120000 USD
CY2009 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
41094000 USD
CY2011 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
41402000 USD
CY2011 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
234000 USD
CY2009 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
521000 USD
CY2010 us-gaap Interest Income Federal Funds Sold
InterestIncomeFederalFundsSold
541000 USD
CY2011 us-gaap Interest Income Operating
InterestIncomeOperating
53319000 USD
CY2009 us-gaap Interest Income Operating
InterestIncomeOperating
67730000 USD
CY2010 us-gaap Interest Income Operating
InterestIncomeOperating
61143000 USD
CY2010 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3057000 USD
CY2009 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
3963000 USD
CY2011 us-gaap Interest Income Securities Tax Exempt
InterestIncomeSecuritiesTaxExempt
2252000 USD
CY2011 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
4193000 USD
CY2009 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
3937000 USD
CY2010 us-gaap Interest Income Securities Taxable
InterestIncomeSecuritiesTaxable
4330000 USD
CY2010 us-gaap Interest Paid
InterestPaid
19579000 USD
CY2009 us-gaap Interest Paid
InterestPaid
28879000 USD
CY2011 us-gaap Interest Paid
InterestPaid
12383000 USD
CY2011Q4 us-gaap Interest Receivable
InterestReceivable
4183000 USD
CY2010Q4 us-gaap Interest Receivable
InterestReceivable
4959000 USD
CY2011 us-gaap Labor And Related Expense
LaborAndRelatedExpense
13194000 USD
CY2010 us-gaap Labor And Related Expense
LaborAndRelatedExpense
10996000 USD
CY2009 us-gaap Labor And Related Expense
LaborAndRelatedExpense
9938000 USD
CY2011Q4 us-gaap Liabilities
Liabilities
1146073000 USD
CY2010Q4 us-gaap Liabilities
Liabilities
1160027000 USD
CY2010Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1305463000 USD
CY2011Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1269524000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
16778000 USD
CY2010Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
19087000 USD
CY2010Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
888649000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
838959000 USD
CY2011Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
822181000 USD
CY2010Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
869562000 USD
CY2010Q4 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
4452000 USD
CY2011Q4 us-gaap Loans Receivable Held For Sale Net
LoansReceivableHeldForSaleNet
4089000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-285101000 USD
CY2009 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
38018000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-54646000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-54646000 USD
CY2010 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-285101000 USD
CY2009 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
37818000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
216476000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
27766000 USD
CY2009 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-121103000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
27766000 USD
CY2010 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
216476000 USD
CY2009 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-121083000 USD
CY2009 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
17611000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26030000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
25084000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
26030000 USD
CY2010 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
25084000 USD
CY2009 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
16706000 USD
CY2010 us-gaap Net Income Loss
NetIncomeLoss
13383000 USD
CY2009 us-gaap Net Income Loss
NetIncomeLoss
-14617000 USD
CY2011 us-gaap Net Income Loss
NetIncomeLoss
15268000 USD
CY2009 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-16893000 USD
CY2011 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12881000 USD
CY2010 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
11099000 USD
CY2009 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets
0 USD
CY2011Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
268887000 USD
CY2010Q4 us-gaap Noninterest Bearing Deposit Liabilities
NoninterestBearingDepositLiabilities
230277000 USD
CY2010 us-gaap Noninterest Expense
NoninterestExpense
27744000 USD
CY2011 us-gaap Noninterest Expense
NoninterestExpense
28873000 USD
CY2009 us-gaap Noninterest Expense
NoninterestExpense
37905000 USD
CY2009 us-gaap Noninterest Income
NoninterestIncome
9632000 USD
CY2011 us-gaap Noninterest Income
NoninterestIncome
9460000 USD
CY2010 us-gaap Noninterest Income
NoninterestIncome
10652000 USD
CY2009 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
972000 USD
CY2010 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
1006000 USD
CY2011 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
996000 USD
CY2009 us-gaap Occupancy Net
OccupancyNet
3451000 USD
CY2011 us-gaap Occupancy Net
OccupancyNet
3342000 USD
CY2010 us-gaap Occupancy Net
OccupancyNet
3207000 USD
CY2010Q4 us-gaap Other Assets
OtherAssets
10179000 USD
CY2011Q4 us-gaap Other Assets
OtherAssets
6974000 USD
CY2011 us-gaap Other Comprehensive Income Loss Before Tax Period Increase Decrease
OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease
5325000 USD
CY2010 us-gaap Other Comprehensive Income Loss Before Tax Period Increase Decrease
OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease
2684000 USD
CY2009 us-gaap Other Comprehensive Income Loss Before Tax Period Increase Decrease
OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease
1684000 USD
CY2009 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
1044000 USD
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
1664000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease
3301000 USD
CY2009 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-640000 USD
CY2010 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-1020000 USD
CY2011 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-2024000 USD
CY2010 us-gaap Other Noninterest Expense
OtherNoninterestExpense
4639000 USD
CY2011 us-gaap Other Noninterest Expense
OtherNoninterestExpense
4902000 USD
CY2009 us-gaap Other Noninterest Expense
OtherNoninterestExpense
5241000 USD
CY2011 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
CY2009 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
-1594000 USD
CY2010 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
CY2011Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
0 USD
CY2010Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
2914000 USD
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
99000 USD
CY2010 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
305000 USD
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
3444000 USD
CY2010 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
0 USD
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
0 USD
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-832000 USD
CY2010 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
305000 USD
CY2009 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
2612000 USD
CY2011 us-gaap Other Than Temporary Impairment Losses Investments Portion Recognized In Earnings Net Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNetAvailableforsaleSecurities
99000 USD
CY2010 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
76051000 USD
CY2011 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
69545000 USD
CY2009 us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
70548000 USD
CY2011 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
36000000 USD
CY2010 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2009 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2009 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2010 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
CY2011 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
700000 USD
CY2011 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2959000 USD
CY2010 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
870000 USD
CY2009 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1566000 USD
CY2010 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1800000 USD
CY2009 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1575000 USD
CY2011 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1120000 USD
CY2009 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
65000 USD
CY2011 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2010 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2011 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
109323000 USD
CY2009 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
350186000 USD
CY2010 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
214710000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
981000 USD
CY2010 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
368000 USD
CY2009 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1348000 USD
CY2010 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2284000 USD
CY2011 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2387000 USD
CY2009 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2276000 USD
CY2010Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2011Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2010Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2010Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2011Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2010Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
36000 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2010Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
36000 shares
CY2010Q4 us-gaap Preferred Stock Value
PreferredStockValue
34508000 USD
CY2011Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2009 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1493000 USD
CY2011 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1192000 USD
CY2010 us-gaap Proceeds From Life Insurance Policies
ProceedsFromLifeInsurancePolicies
1296000 USD
CY2009 us-gaap Proceeds From Loan And Lease Originations And Principal Collections
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections
-35022000 USD
CY2010 us-gaap Proceeds From Loan And Lease Originations And Principal Collections
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections
-125541000 USD
CY2011 us-gaap Proceeds From Loan And Lease Originations And Principal Collections
ProceedsFromLoanAndLeaseOriginationsAndPrincipalCollections
-46101000 USD
CY2010 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
361000 USD
CY2009 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
2308000 USD
CY2011 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-2914000 USD
CY2011 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
84726000 USD
CY2009 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
191468000 USD
CY2010 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
299728000 USD
CY2009 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
72299000 USD
CY2011 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
71273000 USD
CY2010 us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
73334000 USD
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
51000 USD
CY2009 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2000 USD
CY2010 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
9000 USD
CY2009 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
5083000 USD
CY2010 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
5400000 USD
CY2011 us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
6141000 USD
CY2010 us-gaap Professional Fees
ProfessionalFees
959000 USD
CY2011 us-gaap Professional Fees
ProfessionalFees
878000 USD
CY2009 us-gaap Professional Fees
ProfessionalFees
964000 USD
CY2011Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5396000 USD
CY2010Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5068000 USD
CY2011 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
550000 USD
CY2009 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
24500000 USD
CY2010 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
6050000 USD
CY2011Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
10967000 USD
CY2010Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
19193000 USD
CY2011 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
0 USD
CY2009 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
1884000 USD
CY2010 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
40000 USD
CY2011 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2009 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2010 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
20000000 USD
CY2010Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
76188000 USD
CY2011Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
86110000 USD
CY2011 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
36000000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
123451000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
145436000 USD
CY2008Q4 us-gaap Stockholders Equity
StockholdersEquity
150063000 USD
CY2009Q4 us-gaap Stockholders Equity
StockholdersEquity
133059000 USD
CY2011Q4 us-gaap Subordinated Debt
SubordinatedDebt
20619000 USD
CY2010Q4 us-gaap Subordinated Debt
SubordinatedDebt
20619000 USD
CY2010Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
178388000 USD
CY2011Q4 us-gaap Time Deposits100000 Or More
TimeDeposits100000OrMore
98743000 USD
CY2011Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
88290000 USD
CY2010Q4 us-gaap Time Deposits Less Than100000
TimeDepositsLessThan100000
107526000 USD
CY2011 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
1763000 USD
CY2010 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
7188000 USD
CY2009 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
26188000 USD
CY2011 wtba Basic And Diluted Earnings Loss Per Common Share From Continuing Operations
BasicAndDilutedEarningsLossPerCommonShareFromContinuingOperations
0.74
CY2010 wtba Basic And Diluted Earnings Loss Per Common Share From Continuing Operations
BasicAndDilutedEarningsLossPerCommonShareFromContinuingOperations
0.64
CY2009 wtba Basic And Diluted Earnings Loss Per Common Share From Continuing Operations
BasicAndDilutedEarningsLossPerCommonShareFromContinuingOperations
-0.42
CY2011 wtba Basic And Diluted Earnings Loss Per Common Share From Discontinued Operations
BasicAndDilutedEarningsLossPerCommonShareFromDiscontinuedOperations
0.00
CY2009 wtba Basic And Diluted Earnings Loss Per Common Share From Discontinued Operations
BasicAndDilutedEarningsLossPerCommonShareFromDiscontinuedOperations
-0.55
CY2010 wtba Basic And Diluted Earnings Loss Per Common Share From Discontinued Operations
BasicAndDilutedEarningsLossPerCommonShareFromDiscontinuedOperations
0.00
CY2011 wtba Debit Card Usage Fees
DebitCardUsageFees
1453000 USD
CY2009 wtba Debit Card Usage Fees
DebitCardUsageFees
1123000 USD
CY2010 wtba Debit Card Usage Fees
DebitCardUsageFees
1329000 USD
CY2010 wtba Gain From Bank Owned Life Insurance
GainFromBankOwnedLifeInsurance
422000 USD
CY2009 wtba Gain From Bank Owned Life Insurance
GainFromBankOwnedLifeInsurance
840000 USD
CY2011 wtba Gain From Bank Owned Life Insurance
GainFromBankOwnedLifeInsurance
637000 USD
CY2009 wtba Gain On Sale Of Other Real Estate Owned
GainOnSaleOfOtherRealEstateOwned
27000 USD
CY2010 wtba Gain On Sale Of Other Real Estate Owned
GainOnSaleOfOtherRealEstateOwned
388000 USD
CY2011 wtba Gain On Sale Of Other Real Estate Owned
GainOnSaleOfOtherRealEstateOwned
339000 USD
CY2009 wtba Gains And Fees On Sales Of Residential Mortgages
GainsAndFeesOnSalesOfResidentialMortgages
1114000 USD
CY2010 wtba Gains And Fees On Sales Of Residential Mortgages
GainsAndFeesOnSalesOfResidentialMortgages
1533000 USD
CY2011 wtba Gains And Fees On Sales Of Residential Mortgages
GainsAndFeesOnSalesOfResidentialMortgages
1454000 USD
CY2011 wtba Goodwill Impairment Discontinued Operations
GoodwillImpairmentDiscontinuedOperations
0 USD
CY2009 wtba Goodwill Impairment Discontinued Operations
GoodwillImpairmentDiscontinuedOperations
11160000 USD
CY2010 wtba Goodwill Impairment Discontinued Operations
GoodwillImpairmentDiscontinuedOperations
0 USD
CY2010 wtba Miscellaneous Losses
MiscellaneousLosses
1330000 USD
CY2009 wtba Miscellaneous Losses
MiscellaneousLosses
70000 USD
CY2011 wtba Miscellaneous Losses
MiscellaneousLosses
455000 USD
CY2009 wtba Net Unrealized Gains Losses On Securities With Other Than
NetUnrealizedGainsLossesOnSecuritiesWithOtherThan
-832000 USD
CY2011 wtba Net Unrealized Gains Losses On Securities With Other Than
NetUnrealizedGainsLossesOnSecuritiesWithOtherThan
5000 USD
CY2010 wtba Net Unrealized Gains Losses On Securities With Other Than
NetUnrealizedGainsLossesOnSecuritiesWithOtherThan
320000 USD
CY2010 wtba Net Unrealized Gains On Other Securities Before Tax Expense
NetUnrealizedGainsOnOtherSecuritiesBeforeTaxExpense
2364000 USD
CY2009 wtba Net Unrealized Gains On Other Securities Before Tax Expense
NetUnrealizedGainsOnOtherSecuritiesBeforeTaxExpense
2516000 USD
CY2011 wtba Net Unrealized Gains On Other Securities Before Tax Expense
NetUnrealizedGainsOnOtherSecuritiesBeforeTaxExpense
5320000 USD
CY2009 wtba Other Comprehensive Income Reclassification Adj For Otti
OtherComprehensiveIncomeReclassificationAdjForOtti
310000 USD
CY2010 wtba Other Comprehensive Income Reclassification Adj For Otti
OtherComprehensiveIncomeReclassificationAdjForOtti
305000 USD
CY2011 wtba Other Comprehensive Income Reclassification Adj For Otti
OtherComprehensiveIncomeReclassificationAdjForOtti
99000 USD
CY2009 wtba Payments For Federal Home Loan Bank Stock
PaymentsForFederalHomeLoanBankStock
2617000 USD
CY2010 wtba Payments For Federal Home Loan Bank Stock
PaymentsForFederalHomeLoanBankStock
1385000 USD
CY2011 wtba Payments For Federal Home Loan Bank Stock
PaymentsForFederalHomeLoanBankStock
879000 USD
CY2009 wtba Proceeds From Federal Home Loan Bank Stock
ProceedsFromFederalHomeLoanBankStock
0 USD
CY2011 wtba Proceeds From Federal Home Loan Bank Stock
ProceedsFromFederalHomeLoanBankStock
738000 USD
CY2010 wtba Proceeds From Federal Home Loan Bank Stock
ProceedsFromFederalHomeLoanBankStock
965000 USD
CY2009 wtba Realized Impairment Losses Reclassified Into Net Income
RealizedImpairmentLossesReclassifiedIntoNetIncome
2302000 USD
CY2010 wtba Realized Impairment Losses Reclassified Into Net Income
RealizedImpairmentLossesReclassifiedIntoNetIncome
0 USD
CY2011 wtba Realized Impairment Losses Reclassified Into Net Income
RealizedImpairmentLossesReclassifiedIntoNetIncome
0 USD
CY2009 wtba Realized Net Gains Recognized Into Net Income
RealizedNetGainsRecognizedIntoNetIncome
-1884000 USD
CY2010 wtba Realized Net Gains Recognized Into Net Income
RealizedNetGainsRecognizedIntoNetIncome
-40000 USD
CY2011 wtba Realized Net Gains Recognized Into Net Income
RealizedNetGainsRecognizedIntoNetIncome
0 USD
CY2011 wtba Repurchase Of Warrants Issued
RepurchaseOfWarrantsIssued
700000 USD
CY2011 wtba Sale Of Wb Capital Management Inc In Exchange For Note Receivable
SaleOfWbCapitalManagementIncInExchangeForNoteReceivable
0 USD
CY2009 wtba Sale Of Wb Capital Management Inc In Exchange For Note Receivable
SaleOfWbCapitalManagementIncInExchangeForNoteReceivable
2000000 USD
CY2010 wtba Sale Of Wb Capital Management Inc In Exchange For Note Receivable
SaleOfWbCapitalManagementIncInExchangeForNoteReceivable
0 USD
CY2009 wtba Service Fee From Smartypig Llc
ServiceFeeFromSmartypigLlc
0 USD
CY2011 wtba Service Fee From Smartypig Llc
ServiceFeeFromSmartypigLlc
0 USD
CY2010 wtba Service Fee From Smartypig Llc
ServiceFeeFromSmartypigLlc
1314000 USD
CY2011 wtba Transfer Of Other Real Estate Owned To Loans
TransferOfOtherRealEstateOwnedToLoans
674000 USD
CY2009 wtba Transfer Of Other Real Estate Owned To Loans
TransferOfOtherRealEstateOwnedToLoans
0 USD
CY2010 wtba Transfer Of Other Real Estate Owned To Loans
TransferOfOtherRealEstateOwnedToLoans
6655000 USD
CY2009 wtba Unrealized Holding Gains Arising During Period
UnrealizedHoldingGainsArisingDuringPeriod
2098000 USD
CY2010 wtba Unrealized Holding Gains Arising During Period
UnrealizedHoldingGainsArisingDuringPeriod
2404000 USD
CY2011 wtba Unrealized Holding Gains Arising During Period
UnrealizedHoldingGainsArisingDuringPeriod
5320000 USD
CY2010 wtba Unrealized Holding Gains Losses Arising During Period
UnrealizedHoldingGainsLossesArisingDuringPeriod
15000 USD
CY2011 wtba Unrealized Holding Gains Losses Arising During Period
UnrealizedHoldingGainsLossesArisingDuringPeriod
-94000 USD
CY2009 wtba Unrealized Holding Gains Losses Arising During Period
UnrealizedHoldingGainsLossesArisingDuringPeriod
-1142000 USD
CY2011 dei Amendment Flag
AmendmentFlag
false
CY2011 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2011 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2011 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2011
CY2011 dei Document Period End Date
DocumentPeriodEndDate
2011-12-31
CY2011 dei Document Type
DocumentType
10-K
CY2011 dei Entity Central Index Key
EntityCentralIndexKey
0001166928
CY2012Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17403882 shares
CY2011 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2011 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2011Q2 dei Entity Public Float
EntityPublicFloat
149817000000 USD
CY2011 dei Entity Registrant Name
EntityRegistrantName
WEST BANCORPORATION INC
CY2011 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2011 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

Name View Source Status
0001166928-12-000013-index-headers.html Edgar Link pending
0001166928-12-000013-index.html Edgar Link pending
0001166928-12-000013.txt Edgar Link pending
0001166928-12-000013-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
mcgladreylogoedit.jpg Edgar Link pending
preformancegraph123111.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
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R2.htm Edgar Link pending
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R27.htm Edgar Link pending
R3.htm Edgar Link pending
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R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
wtba-20111231.xml Edgar Link completed
wtba-20111231.xsd Edgar Link pending
wtba-20111231x10k.htm Edgar Link pending
wtba-20111231x10kex12.htm Edgar Link pending
wtba-20111231x10kex21.htm Edgar Link pending
wtba-20111231x10kex23.htm Edgar Link pending
wtba-20111231x10kex311.htm Edgar Link pending
wtba-20111231x10kex312.htm Edgar Link pending
wtba-20111231x10kex321.htm Edgar Link pending
wtba-20111231x10kex322.htm Edgar Link pending
wtba-20111231_cal.xml Edgar Link unprocessable
wtba-20111231_def.xml Edgar Link unprocessable
wtba-20111231_lab.xml Edgar Link unprocessable
wtba-20111231_pre.xml Edgar Link unprocessable
wtbalogoedit.jpg Edgar Link pending