2020 Q1 Form 10-Q Financial Statement

#000116692820000057 Filed on April 23, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $25.22M $23.65M
YoY Change 6.63% 19.87%
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 $375.0K $345.0K
YoY Change 8.7% -2.27%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $6.756M $7.762M
YoY Change -12.96% 79.93%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $10.32M $8.464M
YoY Change 21.94% -4.81%
Income Tax $2.232M $1.565M
% Of Pretax Income 21.63% 18.49%
Net Earnings $8.089M $6.899M
YoY Change 17.25% -6.57%
Net Earnings / Revenue 32.07% 29.17%
Basic Earnings Per Share $0.49 $0.42
Diluted Earnings Per Share $0.49 $0.42
COMMON SHARES
Basic Shares Outstanding 16.39M shares 16.30M shares
Diluted Shares Outstanding 16.52M shares 16.38M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
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 $29.13M $30.51M
YoY Change -4.53% 34.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.30M $5.400M
YoY Change 90.74% -3.57%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.520B $2.312B
YoY Change 8.98% 10.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $43.50M $16.10M
YoY Change 170.19% 222.0%
Deferred Revenue
YoY Change
Short-Term Debt $32.30M $17.70M
YoY Change 82.49% -65.83%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.50M $16.10M
YoY Change 170.19% 222.0%
LONG-TERM LIABILITIES
Long-Term Debt $43.30M $45.40M
YoY Change -4.63% 7.84%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $43.30M $45.40M
YoY Change -4.63% 7.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.50M $16.10M
Total Long-Term Liabilities $43.30M $45.40M
Total Liabilities $2.319B $2.116B
YoY Change 9.6% 10.56%
SHAREHOLDERS EQUITY
Retained Earnings $189.5M $173.3M
YoY Change 9.3% 9.46%
Common Stock $3.000M $3.000M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $200.7M $196.3M
YoY Change
Total Liabilities & Shareholders Equity $2.520B $2.312B
YoY Change 8.98% 10.52%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $8.089M $6.899M
YoY Change 17.25% -6.57%
Depreciation, Depletion And Amortization $375.0K $345.0K
YoY Change 8.7% -2.27%
Cash From Operating Activities $10.41M $6.645M
YoY Change 56.69% -30.56%
INVESTING ACTIVITIES
Capital Expenditures $174.0K $113.0K
YoY Change 53.98% 769.23%
Acquisitions
YoY Change
Other Investing Activities -$27.96M -$1.860M
YoY Change 1403.23% -128.14%
Cash From Investing Activities -$28.14M -$1.975M
YoY Change 1324.61% -129.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $2.029M
YoY Change 58.76%
Cash From Financing Activities $30.83M -$4.605M
YoY Change -769.51% -82.72%
NET CHANGE
Cash From Operating Activities $10.41M $6.645M
Cash From Investing Activities -$28.14M -$1.975M
Cash From Financing Activities $30.83M -$4.605M
Net Change In Cash $13.11M $65.00K
YoY Change 20064.62% -100.62%
FREE CASH FLOW
Cash From Operating Activities $10.41M $6.645M
Capital Expenditures $174.0K $113.0K
Free Cash Flow $10.24M $6.532M
YoY Change 56.74% -31.65%

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FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
1
CY2020 us-gaap Financing Receivable Modifications Subsequent Default Number Of Contracts1
FinancingReceivableModificationsSubsequentDefaultNumberOfContracts1
0
CY2019 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
537000 USD
CY2020 us-gaap Financing Receivable Modifications Subsequent Default Recorded Investment1
FinancingReceivableModificationsSubsequentDefaultRecordedInvestment1
0 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Current
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CY2020Q1 us-gaap Financing Receivable Recorded Investment Current
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1991059000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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538000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Nonaccrual Status
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488000 USD
CY2019Q4 us-gaap Financing Receivable Recorded Investment Past Due
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228000 USD
CY2020Q1 us-gaap Financing Receivable Recorded Investment Past Due
FinancingReceivableRecordedInvestmentPastDue
5040000 USD
CY2019Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
307000 USD
CY2020Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2019Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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1878000 USD
CY2020Q1 us-gaap Impaired Financing Receivable Average Recorded Investment
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505000 USD
CY2019Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
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0 USD
CY2020Q1 us-gaap Impaired Financing Receivable Interest Income Accrual Method
ImpairedFinancingReceivableInterestIncomeAccrualMethod
5000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
538000 USD
CY2020Q1 us-gaap Impaired Financing Receivable Recorded Investment
ImpairedFinancingReceivableRecordedInvestment
488000 USD
CY2019Q4 us-gaap Impaired Financing Receivable Related Allowance
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0 USD
CY2020Q1 us-gaap Impaired Financing Receivable Related Allowance
ImpairedFinancingReceivableRelatedAllowance
0 USD
CY2019Q4 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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538000 USD
CY2020Q1 us-gaap Impaired Financing Receivable Unpaid Principal Balance
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488000 USD
CY2019Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
1766000 USD
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceAverageRecordedInvestment
505000 USD
CY2019Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
0 USD
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithNoRelatedAllowanceInterestIncomeAccrualMethod
5000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
538000 USD
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Recorded Investment
ImpairedFinancingReceivableWithNoRelatedAllowanceRecordedInvestment
488000 USD
CY2019Q4 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
538000 USD
CY2020Q1 us-gaap Impaired Financing Receivable With No Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithNoRelatedAllowanceUnpaidPrincipalBalance
488000 USD
CY2019Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
112000 USD
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Average Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceAverageRecordedInvestment
0 USD
CY2019Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
0 USD
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Interest Income Accrual Method
ImpairedFinancingReceivableWithRelatedAllowanceInterestIncomeAccrualMethod
0 USD
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
0 USD
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Recorded Investment
ImpairedFinancingReceivableWithRelatedAllowanceRecordedInvestment
0 USD
CY2019Q4 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
ImpairedFinancingReceivableWithRelatedAllowanceUnpaidPrincipalBalance
0 USD
CY2020Q1 us-gaap Impaired Financing Receivable With Related Allowance Unpaid Principal Balance
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0 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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8464000 USD
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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10321000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
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1565000 USD
CY2020Q1 us-gaap Income Tax Expense Benefit
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2232000 USD
CY2019Q1 us-gaap Income Taxes Paid
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0 USD
CY2020Q1 us-gaap Income Taxes Paid
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0 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-682000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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530000 USD
CY2019Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
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946000 USD
CY2020Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
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424000 USD
CY2019Q1 us-gaap Increase Decrease In Deposits
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13794000 USD
CY2020Q1 us-gaap Increase Decrease In Deposits
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5369000 USD
CY2019Q1 us-gaap Increase Decrease In Federal Funds Purchased
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2250000 USD
CY2020Q1 us-gaap Increase Decrease In Federal Funds Purchased
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-29680000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
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782000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
451000 USD
CY2019Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
680000 USD
CY2020Q1 us-gaap Information Technology And Data Processing
InformationTechnologyAndDataProcessing
672000 USD
CY2019Q1 us-gaap Interest And Dividend Income Operating
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23651000 USD
CY2020Q1 us-gaap Interest And Dividend Income Operating
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25220000 USD
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20388000 USD
CY2020Q1 us-gaap Interest And Fee Income Loans And Leases
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22311000 USD
CY2019Q4 us-gaap Interest Bearing Domestic Deposit Demand
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CY2020Q1 us-gaap Interest Bearing Domestic Deposit Demand
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CY2019Q1 us-gaap Interest Expense
InterestExpense
7762000 USD
CY2020Q1 us-gaap Interest Expense
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CY2019Q1 us-gaap Interest Expense Deposits
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5964000 USD
CY2020Q1 us-gaap Interest Expense Deposits
InterestExpenseDeposits
5046000 USD
CY2019Q1 us-gaap Interest Expense Federal Funds Purchased
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87000 USD
CY2020Q1 us-gaap Interest Expense Federal Funds Purchased
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16000 USD
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186000 USD
CY2020Q1 us-gaap Interest Expense Other Long Term Debt
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130000 USD
CY2019Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
252000 USD
CY2020Q1 us-gaap Interest Expense Subordinated Notes And Debentures
InterestExpenseSubordinatedNotesAndDebentures
255000 USD
CY2019Q1 us-gaap Interest Income Expense After Provision For Loan Loss
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15889000 USD
CY2020Q1 us-gaap Interest Income Expense After Provision For Loan Loss
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17464000 USD
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15889000 USD
CY2020Q1 us-gaap Interest Income Expense Net
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18464000 USD
CY2019Q1 us-gaap Interest Income Federal Funds Sold
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98000 USD
CY2020Q1 us-gaap Interest Income Federal Funds Sold
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229000 USD
CY2019Q1 us-gaap Interest Income Securities Tax Exempt
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837000 USD
CY2020Q1 us-gaap Interest Income Securities Tax Exempt
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297000 USD
CY2019Q1 us-gaap Interest Income Securities Taxable
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2328000 USD
CY2020Q1 us-gaap Interest Income Securities Taxable
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2383000 USD
CY2019Q1 us-gaap Interest Paid Net
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7414000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
6768000 USD
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7134000 USD
CY2020Q1 us-gaap Interest Receivable
InterestReceivable
7558000 USD
CY2019Q4 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
20438000 USD
CY2020Q1 us-gaap Junior Subordinated Debenture Owed To Unconsolidated Subsidiary Trust
JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
20442000 USD
CY2019Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5460000 USD
CY2020Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
5284000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
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CY2020Q1 us-gaap Liabilities
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2318916000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2473691000 USD
CY2020Q1 us-gaap Liabilities And Stockholders Equity
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2519609000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
17235000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
18332000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1943903000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
1996587000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1941663000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
1994432000 USD
CY2019Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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1924428000 USD
CY2020Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
1976100000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
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30831000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
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6645000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
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10412000 USD
CY2019Q1 us-gaap Net Income Loss
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6899000 USD
CY2020Q1 us-gaap Net Income Loss
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8089000 USD
CY2019Q4 us-gaap Noninterest Bearing Deposit Liabilities
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380079000 USD
CY2020Q1 us-gaap Noninterest Bearing Deposit Liabilities
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CY2019Q1 us-gaap Noninterest Expense
NoninterestExpense
9544000 USD
CY2020Q1 us-gaap Noninterest Expense
NoninterestExpense
9663000 USD
CY2019Q1 us-gaap Noninterest Expense Directors Fees
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251000 USD
CY2020Q1 us-gaap Noninterest Expense Directors Fees
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234000 USD
CY2019Q1 us-gaap Noninterest Income
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2119000 USD
CY2020Q1 us-gaap Noninterest Income
NoninterestIncome
2520000 USD
CY2019Q1 us-gaap Noninterest Income Other Operating Income
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586000 USD
CY2020Q1 us-gaap Noninterest Income Other Operating Income
NoninterestIncomeOtherOperatingIncome
334000 USD
CY2019Q1 us-gaap Occupancy Net
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1233000 USD
CY2020Q1 us-gaap Occupancy Net
OccupancyNet
1360000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
7836000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
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CY2019Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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3754000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
149000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
1251000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
49000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
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1837000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
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-88000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax
-6000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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137000 USD
CY2020Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-2441000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-21258000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-1917000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-15688000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-638000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-5229000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
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4917000 USD
CY2020Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
192000 USD
CY2019Q4 us-gaap Other Long Term Debt
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22925000 USD
CY2020Q1 us-gaap Other Long Term Debt
OtherLongTermDebt
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CY2019Q1 us-gaap Other Noninterest Expense
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1467000 USD
CY2020Q1 us-gaap Other Noninterest Expense
OtherNoninterestExpense
1637000 USD
CY2019Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
26952000 USD
CY2020Q1 us-gaap Payments For Proceeds From Loans And Leases
PaymentsForProceedsFromLoansAndLeases
52672000 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3259000 USD
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3440000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
861000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
749000 USD
CY2019Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
47068000 USD
CY2020Q1 us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
27190000 USD
CY2019Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
11539000 USD
CY2020Q1 us-gaap Payments To Acquire Federal Home Loan Bank Stock
PaymentsToAcquireFederalHomeLoanBankStock
4294000 USD
CY2019Q1 us-gaap Payments To Acquire Property Plant And Equipment
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113000 USD
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
174000 USD
CY2019Q4 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
148257000 USD
CY2020Q1 us-gaap Pledged Financial Instruments Not Separately Reported Securities Pledged
PledgedFinancialInstrumentsNotSeparatelyReportedSecuritiesPledged
229634000 USD
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
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ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
8882000 USD
CY2020Q1 us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
14071000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
62274000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
39077000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
604000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Buildings
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0 USD
CY2019Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
11937000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Federal Home Loan Bank Stock
ProceedsFromSaleOfFederalHomeLoanBankStock
3046000 USD
CY2019Q1 us-gaap Professional Fees
ProfessionalFees
234000 USD
CY2020Q1 us-gaap Professional Fees
ProfessionalFees
239000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29680000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
29129000 USD
CY2019Q1 us-gaap Provision For Loan And Lease Losses
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0 USD
CY2020Q1 us-gaap Provision For Loan And Lease Losses
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1000000 USD
CY2019Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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10000000 USD
CY2020Q1 us-gaap Repayments Of Federal Home Loan Bank Borrowings
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0 USD
CY2019Q1 us-gaap Repayments Of Other Long Term Debt
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2029000 USD
CY2020Q1 us-gaap Repayments Of Other Long Term Debt
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29000 USD
CY2019Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
861000 USD
CY2020Q1 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
749000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
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184821000 USD
CY2020Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
189470000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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10092000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
CY2019Q1 us-gaap Share Based Compensation
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631000 USD
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
512000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
191023000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
196270000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
211820000 USD
CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
200693000 USD
CY2019Q4 us-gaap Time Deposits At Or Above Fdic Insurance Limit
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81871000 USD
CY2020Q1 us-gaap Time Deposits At Or Above Fdic Insurance Limit
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71789000 USD
CY2019Q4 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
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CY2020Q1 us-gaap Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
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-2155000 USD
CY2019Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
680146000 USD
CY2020Q1 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
741691000 USD
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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16380000 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
16517000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16300000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16386000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
80000 shares
CY2020Q1 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
131000 shares
CY2019Q4 wtba Commitmentstoinvestinqualifiedaffordablehousingprojects
Commitmentstoinvestinqualifiedaffordablehousingprojects
2042000 USD
CY2020Q1 wtba Commitmentstoinvestinqualifiedaffordablehousingprojects
Commitmentstoinvestinqualifiedaffordablehousingprojects
1877000 USD
CY2019Q4 wtba Deferred Tax Assets Net Before Valuation Allowance
DeferredTaxAssetsNetBeforeValuationAllowance
6478000 USD
CY2020Q1 wtba Deferred Tax Assets Net Before Valuation Allowance
DeferredTaxAssetsNetBeforeValuationAllowance
11418000 USD
CY2019Q4 wtba Deferred Tax Liabilities Unrealized Gainson Availablefor Sale Securities
DeferredTaxLiabilitiesUnrealizedGainsonAvailableforSaleSecurities
352000 USD
CY2020Q1 wtba Deferred Tax Liabilities Unrealized Gainson Availablefor Sale Securities
DeferredTaxLiabilitiesUnrealizedGainsonAvailableforSaleSecurities
401000 USD
CY2019Q4 wtba Deferredtaxassetsleaseliabilities
Deferredtaxassetsleaseliabilities
2275000 USD
CY2020Q1 wtba Deferredtaxassetsleaseliabilities
Deferredtaxassetsleaseliabilities
2188000 USD
CY2019Q4 wtba Fhlbmpf Program Remaining Outstanding Balanceof Loans Sold
FHLBMPFProgramRemainingOutstandingBalanceofLoansSold
63409000 USD
CY2020Q1 wtba Fhlbmpf Program Remaining Outstanding Balanceof Loans Sold
FHLBMPFProgramRemainingOutstandingBalanceofLoansSold
59269000 USD
CY2019Q4 wtba Federal Home Loan Bank Advances Net Of Discount
FederalHomeLoanBankAdvancesNetOfDiscount
179365000 USD
CY2020Q1 wtba Federal Home Loan Bank Advances Net Of Discount
FederalHomeLoanBankAdvancesNetOfDiscount
179620000 USD
CY2019Q1 wtba Interest Expense Fhlb Advances
InterestExpenseFHLBAdvances
1273000 USD
CY2020Q1 wtba Interest Expense Fhlb Advances
InterestExpenseFHLBAdvances
1309000 USD
CY2020Q1 wtba Loans Impaired Commitmentto Lend
LoansImpairedCommitmenttoLend
0 USD
CY2019Q1 wtba Loanswapfees
Loanswapfees
0 USD
CY2020Q1 wtba Loanswapfees
Loanswapfees
586000 USD
CY2019Q1 wtba Netamortizationandaccretion
Netamortizationandaccretion
1020000 USD
CY2020Q1 wtba Netamortizationandaccretion
Netamortizationandaccretion
668000 USD
CY2019Q4 wtba Number Of Borrowers Impaired Loans
NumberOfBorrowersImpairedLoans
6
CY2020Q1 wtba Number Of Borrowers Impaired Loans
NumberOfBorrowersImpairedLoans
3
CY2019Q1 wtba Othercomprehensiveincomelossreclassificationadjustmentfrom Aoc Iforamortizationofderivativeterminationcosts
OthercomprehensiveincomelossreclassificationadjustmentfromAOCIforamortizationofderivativeterminationcosts
-23000 USD
CY2020Q1 wtba Othercomprehensiveincomelossreclassificationadjustmentfrom Aoc Iforamortizationofderivativeterminationcosts
OthercomprehensiveincomelossreclassificationadjustmentfromAOCIforamortizationofderivativeterminationcosts
-16000 USD
CY2019Q4 wtba Timedepositslessthan250000
Timedepositslessthan250000
209663000 USD
CY2020Q1 wtba Timedepositslessthan250000
Timedepositslessthan250000
157130000 USD
CY2020Q1 wtba Transfers Between Levels Fair Value Disclosure
TransfersBetweenLevelsFairValueDisclosure
0 USD
CY2019Q4 wtba Troubled Debt Restructured Loans Includedin Nonaccrual
TroubledDebtRestructuredLoansIncludedinNonaccrual
4000 USD
CY2020Q1 wtba Troubled Debt Restructured Loans Includedin Nonaccrual
TroubledDebtRestructuredLoansIncludedinNonaccrual
0 USD
CY2020Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">10. Risks and Uncertainties</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On March 11, 2020, the World Health Organization declared the outbreak of COVID-19 as a global pandemic, which continues to spread throughout the United States and around the world. The COVID-19 pandemic has adversely affected, and may continue to adversely affect economic activity globally, nationally and locally. Actions taken around the world to help mitigate the spread of COVID-19 include restrictions on travel, quarantines in certain areas, and forced closures for certain types of public places and businesses. COVID-19 and actions taken to mitigate the spread of it have had and are expected to continue to have an adverse impact on the economies and financial markets of many countries, including the geographical area in which the Company operates. Due to the COVID-19 pandemic, market interest rates have declined significantly, with the 10-year Treasury bond falling below 1.00 percent on March 3, 2020 for the first time. Such events also may adversely affect business and consumer confidence, generally, and the Company and its customers, and their respective suppliers, vendors and processors, may be adversely affected. On March 3, 2020, the Federal Open Market Committee reduced the targeted federal funds interest rate range by 50 basis points to 1.00 percent to 1.25 percent. This range was further reduced to 0 percent to 0.25 percent on March 16, 2020. On March 27, 2020, the </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Coronavirus Aid, Relief, and Economic Security Act </font><font style="font-family:inherit;font-size:10pt;">(CARES Act) was enacted to, among other provisions, provide emergency assistance for individuals, families and businesses affected by the COVID-19 pandemic. These reductions in interest rates and other effects of the COVID-19 pandemic may adversely affect the Company's financial condition and results of operations in future periods. It is unknown how long the adverse conditions associated with the COVID-19 pandemic will last and what the complete financial effect will be to the Company.&#160; It is reasonably possible that estimates made in the financial statements could be materially and adversely impacted in the near term as a result of these conditions, including expected credit losses on loan receivables.</font></div></div>
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses for the reporting period.&#160;&#160;Actual results could differ from those estimates.&#160;&#160;Material estimates that are particularly susceptible to significant change in the near term are the fair value of financial instruments and the allowance for loan losses</font></div></div>

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