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10-Q Filing

INDEPENDENT BANK CORP /MI/ CIK: 39311 Q1 2014
Filing Information
Form Type 10-Q
Accession Number 0001140361-14-018741
Period End Date 20140331
Filing Date 20140505
Fiscal Year 2014
Fiscal Period Q1
XBRL Instance ibcp-20140331.xml
Balance Sheet 102 line items
Line Item Tag Value Unit Period
Cash and due from banks CashAndDueFromBanks $48.16M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $53.81M USD Point-in-time
Interest bearing deposits InterestBearingDepositsWithBanks $70.92M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Interest bearing deposits InterestBearingDepositsWithBanks $78.12M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 200,000.00 shares Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $179.78M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 200,000.00 shares Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $119.08M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $221.63M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $131.94M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Interest bearing deposits - time InterestBearingDepositsTime $16.88M USD Point-in-time
Interest bearing deposits - time InterestBearingDepositsTime $18.00M USD Point-in-time
Trading securities TradingSecurities $498.00K USD Point-in-time
Trading securities TradingSecurities $610.00K USD Point-in-time
Common stock, par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Common stock, par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Securities available for sale AvailableForSaleSecurities $462.48M USD Point-in-time
Securities available for sale AvailableForSaleSecurities $522.93M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Federal Home Loan Bank and Federal Reserve Bank stock, at cost FederalHomeLoanBankAndFederalReserveBankStockAtCost $23.42M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 22.92M shares Point-in-time
Federal Home Loan Bank and Federal Reserve Bank stock, at cost FederalHomeLoanBankAndFederalReserveBankStockAtCost $23.42M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 22.82M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 22.92M shares Point-in-time
Loans held for sale, carried at fair value LoansReceivableHeldForSaleNet $20.39M USD Point-in-time
Loans held for sale, carried at fair value LoansReceivableHeldForSaleNet $14.70M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 22.82M shares Point-in-time
Commercial LoansAndLeasesReceivableCommercial $642.05M USD Point-in-time
Commercial LoansAndLeasesReceivableCommercial $635.23M USD Point-in-time
Mortgage LoansAndLeasesReceivableConsumerMortgages $486.63M USD Point-in-time
Mortgage LoansAndLeasesReceivableConsumerMortgages $475.58M USD Point-in-time
Installment LoansAndLeasesReceivableConsumerInstallmentAndRevolving $192.06M USD Point-in-time
Installment LoansAndLeasesReceivableConsumerInstallmentAndRevolving $188.34M USD Point-in-time
Payment plan receivables PaymentPlanReceivables $54.54M USD Point-in-time
Payment plan receivables PaymentPlanReceivables $60.64M USD Point-in-time
Total Loans LoansAndLeasesReceivableNetOfDeferredIncome $1.37B USD Point-in-time
Total Loans LoansAndLeasesReceivableNetOfDeferredIncome $1.36B USD Point-in-time
Allowance for loan losses LoansAndLeasesReceivableAllowance $30.44M USD Point-in-time
Allowance for loan losses LoansAndLeasesReceivableAllowance $32.33M USD Point-in-time
Net Loans LoansAndLeasesReceivableNetReportedAmount $1.33B USD Point-in-time
Net Loans LoansAndLeasesReceivableNetReportedAmount $1.34B USD Point-in-time
Other real estate and repossessed assets ForeclosedAssets $18.28M USD Point-in-time
Other real estate and repossessed assets ForeclosedAssets $18.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $48.59M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $47.87M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $52.25M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $52.57M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsLiabilitiesNet $55.25M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsLiabilitiesNet $57.55M USD Point-in-time
Capitalized mortgage loan servicing rights ServicingAssetAtAmortizedValue $13.71M USD Point-in-time
Capitalized mortgage loan servicing rights ServicingAssetAtAmortizedValue $13.27M USD Point-in-time
Vehicle service contract counterparty receivables, net VehicleServiceContractCounterpartyReceivablesNet $7.72M USD Point-in-time
Vehicle service contract counterparty receivables, net VehicleServiceContractCounterpartyReceivablesNet $7.10M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $3.16M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $3.03M USD Point-in-time
Accrued income and other assets OtherAssets $22.56M USD Point-in-time
Accrued income and other assets OtherAssets $22.00M USD Point-in-time
Total Assets Assets $2.26B USD Point-in-time
Total Assets Assets $2.21B USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $518.66M USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $531.36M USD Point-in-time
Savings and interest-bearing checking DepositsSavingsDeposits $958.49M USD Point-in-time
Savings and interest-bearing checking DepositsSavingsDeposits $910.35M USD Point-in-time
Reciprocal ReciprocalDeposits $77.08M USD Point-in-time
Reciprocal ReciprocalDeposits $83.53M USD Point-in-time
Retail time RetailTime $358.80M USD Point-in-time
Retail time RetailTime $358.59M USD Point-in-time
Brokered time BrokeredTime $13.47M USD Point-in-time
Brokered time BrokeredTime $13.23M USD Point-in-time
Total Deposits Deposits $1.88B USD Point-in-time
Total Deposits Deposits $1.94B USD Point-in-time
Other borrowings Borrowings $17.19M USD Point-in-time
Other borrowings Borrowings $12.94M USD Point-in-time
Subordinated debentures JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust $40.72M USD Point-in-time
Subordinated debentures JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust $40.72M USD Point-in-time
Vehicle service contract counterparty payables VehicleServiceContractCounterpartyPayables $3.76M USD Point-in-time
Vehicle service contract counterparty payables VehicleServiceContractCounterpartyPayables $4.09M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $31.56M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $26.88M USD Point-in-time
Total Liabilities Liabilities $2.02B USD Point-in-time
Total Liabilities Liabilities $1.98B USD Point-in-time
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding PreferredStockValue - USD Point-in-time
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 22,921,774 shares at March 31, 2014 and 22,819,136 shares at December 31, 2013 CommonStockValue $351.44M USD Point-in-time
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 22,921,774 shares at March 31, 2014 and 22,819,136 shares at December 31, 2013 CommonStockValue $351.17M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-107.21M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-110.35M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.24M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-7.64M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.95M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.06M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $236.59M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $144.09M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $134.97M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $231.58M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $2.26B USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $2.21B USD Point-in-time
Income Statement 92 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $20.71M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $18.21M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $1.38M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $670.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $262.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $238.00K USD 1 Quarter
Other investments OtherInterestAndDividendIncome $332.00K USD 1 Quarter
Other investments OtherInterestAndDividendIncome $423.00K USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $20.28M USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $21.95M USD 1 Quarter
Deposits InterestExpenseDeposits $1.29M USD 1 Quarter
Deposits InterestExpenseDeposits $1.53M USD 1 Quarter
Other borrowings InterestExpenseBorrowings $512.00K USD 1 Quarter
Other borrowings InterestExpenseBorrowings $865.00K USD 1 Quarter
Total Interest Expense InterestExpense $1.80M USD 1 Quarter
Total Interest Expense InterestExpense $2.39M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $19.56M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $18.48M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-691.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $428.00K USD 1 Quarter
Net Interest Income After Provision for Loan Losses InterestIncomeExpenseAfterProvisionForLoanLoss $18.05M USD 1 Quarter
Net Interest Income After Provision for Loan Losses InterestIncomeExpenseAfterProvisionForLoanLoss $20.25M USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $3.06M USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $3.41M USD 1 Quarter
Interchange income InterchangeIncome $1.94M USD 1 Quarter
Interchange income InterchangeIncome $1.76M USD 1 Quarter
Mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $1.14M USD 1 Quarter
Mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $3.64M USD 1 Quarter
Securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $84.00K USD 1 Quarter
Securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $112.00K USD 1 Quarter
Mortgage loan servicing ServicingFeesNet $264.00K USD 1 Quarter
Mortgage loan servicing ServicingFeesNet $622.00K USD 1 Quarter
Title insurance fees FeesAndCommissionsOther $484.00K USD 1 Quarter
Title insurance fees FeesAndCommissionsOther $274.00K USD 1 Quarter
Increase in fair value of U.S. Treasury warrant DecreaseInFairValueOfUsTreasuryWarrant - USD 1 Quarter
Increase in fair value of U.S. Treasury warrant DecreaseInFairValueOfUsTreasuryWarrant $-1.04M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $2.17M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $2.12M USD 1 Quarter
Total Non-interest Income NoninterestIncome $8.96M USD 1 Quarter
Total Non-interest Income NoninterestIncome $11.07M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $11.31M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $11.24M USD 1 Quarter
Occupancy, net OccupancyNet $2.48M USD 1 Quarter
Occupancy, net OccupancyNet $2.42M USD 1 Quarter
Data processing DataProcessing $1.92M USD 1 Quarter
Data processing DataProcessing $2.09M USD 1 Quarter
Loan and collection LoanAndCollection $2.23M USD 1 Quarter
Loan and collection LoanAndCollection $1.47M USD 1 Quarter
Furniture, fixtures and equipment EquipmentExpense $1.07M USD 1 Quarter
Furniture, fixtures and equipment EquipmentExpense $1.03M USD 1 Quarter
Communications Communication $780.00K USD 1 Quarter
Communications Communication $789.00K USD 1 Quarter
Advertising AdvertisingExpense $519.00K USD 1 Quarter
Advertising AdvertisingExpense $570.00K USD 1 Quarter
FDIC deposit insurance FederalDepositInsuranceCorporationPremiumExpense $417.00K USD 1 Quarter
FDIC deposit insurance FederalDepositInsuranceCorporationPremiumExpense $630.00K USD 1 Quarter
Interchange expense InterchangeExpense $402.00K USD 1 Quarter
Interchange expense InterchangeExpense $410.00K USD 1 Quarter
Legal and professional ProfessionalFees $692.00K USD 1 Quarter
Legal and professional ProfessionalFees $401.00K USD 1 Quarter
Credit card and bank service fees CreditCardAndBankServiceFees $334.00K USD 1 Quarter
Credit card and bank service fees CreditCardAndBankServiceFees $263.00K USD 1 Quarter
Vehicle service contract counterparty contingencies VehicleServiceContractCounterpartyContingencies $68.00K USD 1 Quarter
Vehicle service contract counterparty contingencies VehicleServiceContractCounterpartyContingencies $127.00K USD 1 Quarter
Cost (recoveries) related to unfunded lending commitments CostsRecoveriesRelatedToUnfundedLendingCommitments $10.00K USD 1 Quarter
Cost (recoveries) related to unfunded lending commitments CostsRecoveriesRelatedToUnfundedLendingCommitments $-19.00K USD 1 Quarter
Provision for loss reimbursement on sold loans ProvisionForLossReimbursementOnSoldLoans $663.00K USD 1 Quarter
Provision for loss reimbursement on sold loans ProvisionForLossReimbursementOnSoldLoans $-481.00K USD 1 Quarter
Net (gains) losses on other real estate and repossessed assets GainsLossesOnSalesOfOtherRealEstate $87.00K USD 1 Quarter
Net (gains) losses on other real estate and repossessed assets GainsLossesOnSalesOfOtherRealEstate $-652.00K USD 1 Quarter
Other OtherNoninterestExpense $1.73M USD 1 Quarter
Other OtherNoninterestExpense $1.76M USD 1 Quarter
Total Non-interest Expense NoninterestExpense $25.47M USD 1 Quarter
Total Non-interest Expense NoninterestExpense $22.40M USD 1 Quarter
Income Before Income Tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $4.61M USD 1 Quarter
Income Before Income Tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $5.84M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $35.00K USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.47M USD 1 Quarter
Net Income NetIncomeLoss $3.14M USD 1 Quarter
Net Income NetIncomeLoss $5.81M USD 1 Quarter
Preferred stock dividends and discount accretion PreferredStockDividendsIncomeStatementImpact - USD 1 Quarter
Preferred stock dividends and discount accretion PreferredStockDividendsIncomeStatementImpact $1.09M USD 1 Quarter
Net income applicable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $4.71M USD 1 Quarter
Net income applicable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $3.14M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.14 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.51 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.27 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.13 USD 1 Quarter
Declared (in dollars per share) CommonStockDividendsPerShareDeclared - USD 1 Quarter
Declared (in dollars per share) CommonStockDividendsPerShareDeclared - USD 1 Quarter
Paid (in dollars per share) CommonStockDividendsPerShareCashPaid - USD 1 Quarter
Paid (in dollars per share) CommonStockDividendsPerShareCashPaid - USD 1 Quarter
Cash Flow Statement 92 line items
Line Item Tag Value Unit Period
Net Income NetIncomeLoss $3.14M USD 1 Quarter
Net Income NetIncomeLoss $5.81M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $131.50M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $48.23M USD 1 Quarter
Disbursements for loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $41.40M USD 1 Quarter
Disbursements for loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $117.92M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-691.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $428.00K USD 1 Quarter
Deferred federal income tax expense IncreaseDecreaseInDeferredIncomeTaxes $-2.30M USD 1 Quarter
Deferred federal income tax expense IncreaseDecreaseInDeferredIncomeTaxes - USD 1 Quarter
Deferred loan fees IncreaseDecreaseInLoansDeferredIncome $-133.00K USD 1 Quarter
Deferred loan fees IncreaseDecreaseInLoansDeferredIncome $5.00K USD 1 Quarter
Depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans DepreciationAmortizationAndAccretionNet $-1.04M USD 1 Quarter
Depreciation, amortization of intangible assets and premiums and accretion of discounts on securities and loans DepreciationAmortizationAndAccretionNet $373.00K USD 1 Quarter
Net gain on sale of property and equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Net gain on sale of property and equipment GainLossOnSaleOfPropertyPlantEquipment $1.00K USD 1 Quarter
Net gains on mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $1.14M USD 1 Quarter
Net gains on mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $3.64M USD 1 Quarter
Net gains on securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $84.00K USD 1 Quarter
Net gains on securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $112.00K USD 1 Quarter
Net (gains) losses on other real estate and repossessed assets GainsLossesOnSalesOfOtherRealEstate $87.00K USD 1 Quarter
Net (gains) losses on other real estate and repossessed assets GainsLossesOnSalesOfOtherRealEstate $-652.00K USD 1 Quarter
Vehicle service contract counterparty contingencies VehicleServiceContractCounterpartyContingencies $68.00K USD 1 Quarter
Vehicle service contract counterparty contingencies VehicleServiceContractCounterpartyContingencies $127.00K USD 1 Quarter
Share based compensation ShareBasedCompensation $236.00K USD 1 Quarter
Share based compensation ShareBasedCompensation $255.00K USD 1 Quarter
(Increase) decrease in accrued income and other assets IncreaseDecreaseInOtherOperatingAssets $176.00K USD 1 Quarter
(Increase) decrease in accrued income and other assets IncreaseDecreaseInOtherOperatingAssets $-2.57M USD 1 Quarter
Increase (decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $823.00K USD 1 Quarter
Increase (decrease) in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $-4.51M USD 1 Quarter
Total Adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $12.66M USD 1 Quarter
Total Adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $4.22M USD 1 Quarter
Net Cash from Operating Activities NetCashProvidedByUsedInOperatingActivities $18.47M USD 1 Quarter
Net Cash from Operating Activities NetCashProvidedByUsedInOperatingActivities $7.36M USD 1 Quarter
Proceeds from the sale of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $1.80M USD 1 Quarter
Proceeds from the sale of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities - USD 1 Quarter
Proceeds from the maturity of securities available for sale ProceedsFromMaturityOfAvailableForSaleSecurities $15.03M USD 1 Quarter
Proceeds from the maturity of securities available for sale ProceedsFromMaturityOfAvailableForSaleSecurities $22.82M USD 1 Quarter
Principal payments received on securities available for sale PrincipalPaymentsReceivedOnAvailableForSaleSecurities $6.49M USD 1 Quarter
Principal payments received on securities available for sale PrincipalPaymentsReceivedOnAvailableForSaleSecurities $17.85M USD 1 Quarter
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $103.26M USD 1 Quarter
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $91.56M USD 1 Quarter
Purchases of interest bearing deposits PaymentsForInInterestBearingDepositsInBanksTime - USD 1 Quarter
Purchases of interest bearing deposits PaymentsForInInterestBearingDepositsInBanksTime $-6.99M USD 1 Quarter
Proceeds from the maturity of interest bearing deposits ProceedsFromInterestBearingDepositsInBanksTime - USD 1 Quarter
Proceeds from the maturity of interest bearing deposits ProceedsFromInterestBearingDepositsInBanksTime $-1.09M USD 1 Quarter
Net decrease in portfolio loans (loans originated, net of principal payments) PaymentsForProceedsFromLoansAndLeases $-26.73M USD 1 Quarter
Net decrease in portfolio loans (loans originated, net of principal payments) PaymentsForProceedsFromLoansAndLeases $-13.22M USD 1 Quarter
Net cash from branch sale CashPaidForReceivedFromBranchSale - USD 1 Quarter
Net cash from branch sale CashPaidForReceivedFromBranchSale $-3.29M USD 1 Quarter
Proceeds from the collection of vehicle service contract counterparty receivables ProceedsFromCollectionOfVehicleServiceContractCounterpartyReceivables $256.00K USD 1 Quarter
Proceeds from the collection of vehicle service contract counterparty receivables ProceedsFromCollectionOfVehicleServiceContractCounterpartyReceivables $169.00K USD 1 Quarter
Proceeds from the sale of other real estate and repossessed assets ProceedsFromSaleOfForeclosedAssets $3.51M USD 1 Quarter
Proceeds from the sale of other real estate and repossessed assets ProceedsFromSaleOfForeclosedAssets $1.20M USD 1 Quarter
Proceeds from the sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment - USD 1 Quarter
Proceeds from the sale of property and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $3.00K USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $2.12M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $964.00K USD 1 Quarter
Net Cash from used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-43.88M USD 1 Quarter
Net Cash from used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-47.55M USD 1 Quarter
Net increase in total deposits IncreaseDecreaseInDeposits $71.26M USD 1 Quarter
Net increase in total deposits IncreaseDecreaseInDeposits $53.94M USD 1 Quarter
Net increase (decrease) in other borrowings ProceedsFromRepaymentsOfOtherDebt $5.00K USD 1 Quarter
Net increase (decrease) in other borrowings ProceedsFromRepaymentsOfOtherDebt $-5.00K USD 1 Quarter
Payments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings - USD 1 Quarter
Payments of Federal Home Loan Bank advances RepaymentsOfFederalHomeLoanBankBorrowings $4.24M USD 1 Quarter
Net decrease in vehicle service contract counterparty payables NetIncreaseDecreaseInVehicleServiceContractCounterpartyPayables $-1.28M USD 1 Quarter
Net decrease in vehicle service contract counterparty payables NetIncreaseDecreaseInVehicleServiceContractCounterpartyPayables $-328.00K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $11.00K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $954.00K USD 1 Quarter
Net Cash from Financing Activities NetCashProvidedByUsedInFinancingActivities $70.93M USD 1 Quarter
Net Cash from Financing Activities NetCashProvidedByUsedInFinancingActivities $49.37M USD 1 Quarter
Net Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $41.85M USD 1 Quarter
Net Increase in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $12.86M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $179.78M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $119.08M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $221.63M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $131.94M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $179.78M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $119.08M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $221.63M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $131.94M USD Point-in-time
Interest InterestPaid $1.81M USD 1 Quarter
Interest InterestPaid $1.82M USD 1 Quarter
Income taxes IncomeTaxesPaid $1.00K USD 1 Quarter
Income taxes IncomeTaxesPaid $6.00K USD 1 Quarter
Transfers to other real estate and repossessed assets TransferOfOtherRealEstate $827.00K USD 1 Quarter
Transfers to other real estate and repossessed assets TransferOfOtherRealEstate $1.67M USD 1 Quarter
Transfer of payment plan receivables to vehicle service contract counterparty receivables TransferOfPaymentPlanReceivablesToVehicleServiceContractCounterpartyReceivables $131.00K USD 1 Quarter
Transfer of payment plan receivables to vehicle service contract counterparty receivables TransferOfPaymentPlanReceivablesToVehicleServiceContractCounterpartyReceivables $79.00K USD 1 Quarter
Purchase of securities available for sale not yet settled PurchaseOfSecuritiesAvailableForSaleNotYetSettled $2.56M USD 1 Quarter
Purchase of securities available for sale not yet settled PurchaseOfSecuritiesAvailableForSaleNotYetSettled - USD 1 Quarter
Stockholders Equity 16 line items
Line Item Tag Value Unit Period
Balances at beginning of period StockholdersEquity $236.59M USD Point-in-time
Balances at beginning of period StockholdersEquity $144.09M USD Point-in-time
Balances at beginning of period StockholdersEquity $134.97M USD Point-in-time
Balances at beginning of period StockholdersEquity $231.58M USD Point-in-time
Net Income NetIncomeLoss $3.14M USD 1 Quarter
Net Income NetIncomeLoss $5.81M USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $11.00K USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $1.96M USD 1 Quarter
Share based compensation StockIssuedDuringPeriodValueShareBasedCompensation $255.00K USD 1 Quarter
Share based compensation StockIssuedDuringPeriodValueShareBasedCompensation $236.00K USD 1 Quarter
Net change in accumulated other comprehensive loss, net of related tax effect OtherComprehensiveIncomeLossNetOfTax $1.60M USD 1 Quarter
Net change in accumulated other comprehensive loss, net of related tax effect OtherComprehensiveIncomeLossNetOfTax $1.10M USD 1 Quarter
Balances at end of period StockholdersEquity $236.59M USD Point-in-time
Balances at end of period StockholdersEquity $144.09M USD Point-in-time
Balances at end of period StockholdersEquity $134.97M USD Point-in-time
Balances at end of period StockholdersEquity $231.58M USD Point-in-time
Comprehensive Income 32 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $3.14M USD 1 Quarter
Net income NetIncomeLoss $5.81M USD 1 Quarter
Unrealized gain arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $2.25M USD 1 Quarter
Unrealized gain arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $974.00K USD 1 Quarter
Change in unrealized losses for which a portion of other than temporary impairment has been recognized in earnings OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAvailableforsaleSecurities $-33.00K USD 1 Quarter
Change in unrealized losses for which a portion of other than temporary impairment has been recognized in earnings OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAvailableforsaleSecurities $-119.00K USD 1 Quarter
Reclassification adjustment for other than temporary impairment included in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentForOtherThanTemporaryImpairmentPortionRecognizedInEarningsNetAvailableForSaleSecurities - USD 1 Quarter
Reclassification adjustment for other than temporary impairment included in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentForOtherThanTemporaryImpairmentPortionRecognizedInEarningsNetAvailableForSaleSecurities - USD 1 Quarter
Reclassification adjustments for losses included in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax $7.00K USD 1 Quarter
Reclassification adjustments for losses included in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeBeforeTax - USD 1 Quarter
Unrealized gains recognized in other comprehensive income on available for sale securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $1.01M USD 1 Quarter
Unrealized gains recognized in other comprehensive income on available for sale securities OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $2.37M USD 1 Quarter
Income tax expense OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax - USD 1 Quarter
Income tax expense OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $830.00K USD 1 Quarter
Unrealized gains recognized in other comprehensive income on available for sale securities, net of tax UnrealizedGainsRecognizedInOtherComprehensiveIncomeOnAvailableForSaleSecuritiesNetOfTax $1.01M USD 1 Quarter
Unrealized gains recognized in other comprehensive income on available for sale securities, net of tax UnrealizedGainsRecognizedInOtherComprehensiveIncomeOnAvailableForSaleSecuritiesNetOfTax $1.54M USD 1 Quarter
Unrealized loss arising during period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-3.00K USD 1 Quarter
Unrealized loss arising during period OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax - USD 1 Quarter
Reclassification adjustment for expense recognized in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax - USD 1 Quarter
Reclassification adjustment for expense recognized in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $94.00K USD 1 Quarter
Reclassification adjustment for accretion on settled derivatives OtherComprehensiveIncomeLossReclassificationAdjustmentForAccretionOnSettledDerivatives $-95.00K USD 1 Quarter
Reclassification adjustment for accretion on settled derivatives OtherComprehensiveIncomeLossReclassificationAdjustmentForAccretionOnSettledDerivatives - USD 1 Quarter
Unrealized gains recognized in other comprehensive income on derivative instruments OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax $91.00K USD 1 Quarter
Unrealized gains recognized in other comprehensive income on derivative instruments OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax $95.00K USD 1 Quarter
Income tax expense OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax $33.00K USD 1 Quarter
Income tax expense OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax - USD 1 Quarter
Unrealized gains recognized in other comprehensive income on derivative instruments, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $62.00K USD 1 Quarter
Unrealized gains recognized in other comprehensive income on derivative instruments, net of tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $91.00K USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $1.60M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTax $1.10M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $4.74M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $6.91M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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