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10-Q Filing

INDEPENDENT BANK CORP /MI/ CIK: 39311 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001140361-17-017993
Period End Date 20170331
Filing Date 20170503
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance ibcp-20170331.xml
Balance Sheet 100 line items
Line Item Tag Value Unit Period
Cash and due from banks CashAndDueFromBanks $35.24M USD Point-in-time
Cash and due from banks CashAndDueFromBanks $29.87M USD Point-in-time
Interest bearing deposits InterestBearingDepositsInBanks $39.96M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockNoParValue - USD Point-in-time
Interest bearing deposits InterestBearingDepositsInBanks $47.96M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $144.71M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 200,000.00 shares Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $69.82M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 200,000.00 shares Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $83.19M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $85.78M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Interest bearing deposits - time InterestBearingDepositsTime $5.34M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Interest bearing deposits - time InterestBearingDepositsTime $5.59M USD Point-in-time
Trading securities TradingSecurities $410.00K USD Point-in-time
Trading securities TradingSecurities $331.00K USD Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Preferred stock, shares outstanding (in shares) PreferredStockSharesOutstanding 0.00 shares Point-in-time
Common stock, par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Securities available for sale AvailableForSaleSecurities $608.96M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockNoParValue - USD Point-in-time
Securities available for sale AvailableForSaleSecurities $610.62M USD Point-in-time
Federal Home Loan Bank and Federal Reserve Bank stock, at cost FederalHomeLoanBankStockAndFederalReserveBankStock $15.54M 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 FederalHomeLoanBankStockAndFederalReserveBankStock $15.54M USD Point-in-time
Loans held for sale, carried at fair value LoansHeldForSaleFairValueDisclosure $35.95M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 21.33M shares Point-in-time
Loans held for sale, carried at fair value LoansHeldForSaleFairValueDisclosure $37.61M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 21.26M shares Point-in-time
Payment plan receivables and other assets held for sale ReceivablesAndOtherAssetsHeldForSale $34.80M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 21.33M shares Point-in-time
Payment plan receivables and other assets held for sale ReceivablesAndOtherAssetsHeldForSale $33.36M USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 21.26M shares Point-in-time
Commercial LoansReceivableCommercialFinancialAndAgricultural $815.48M USD Point-in-time
Commercial LoansReceivableCommercialFinancialAndAgricultural $804.02M USD Point-in-time
Mortgage LoansAndLeasesReceivableMortgage $538.62M USD Point-in-time
Mortgage LoansAndLeasesReceivableMortgage $581.03M USD Point-in-time
Installment LoansAndLeasesReceivableConsumerInstallmentAndRevolving $274.23M USD Point-in-time
Installment LoansAndLeasesReceivableConsumerInstallmentAndRevolving $265.62M USD Point-in-time
Total Loans LoansAndLeasesReceivableNetOfDeferredIncome $1.67B USD Point-in-time
Total Loans LoansAndLeasesReceivableNetOfDeferredIncome $1.61B USD Point-in-time
Allowance for loan losses LoansAndLeasesReceivableAllowance $20.23M USD Point-in-time
Allowance for loan losses LoansAndLeasesReceivableAllowance $20.04M USD Point-in-time
Net Loans LoansAndLeasesReceivableNetReportedAmount $1.59B USD Point-in-time
Net Loans LoansAndLeasesReceivableNetReportedAmount $1.65B USD Point-in-time
Other real estate and repossessed assets ForeclosedAssets $5.26M USD Point-in-time
Other real estate and repossessed assets ForeclosedAssets $5.00M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $40.17M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $39.51M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $53.76M USD Point-in-time
Bank-owned life insurance BankOwnedLifeInsurance $54.03M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsLiabilitiesNet $28.95M USD Point-in-time
Deferred tax assets, net DeferredTaxAssetsLiabilitiesNet $32.82M USD Point-in-time
Capitalized mortgage loan servicing rights ServicingAssetAtFairValueAmount $14.73M USD Point-in-time
Capitalized mortgage loan servicing rights ServicingAssetAtAmortizedValue $13.67M USD Point-in-time
Vehicle service contract counterparty receivables, net VehicleServiceContractCounterpartyReceivablesNet $2.27M USD Point-in-time
Vehicle service contract counterparty receivables, net VehicleServiceContractCounterpartyReceivablesNet $2.18M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $1.93M USD Point-in-time
Other intangibles IntangibleAssetsNetExcludingGoodwill $1.84M USD Point-in-time
Accrued income and other assets OtherAssets $27.13M USD Point-in-time
Accrued income and other assets OtherAssets $26.37M USD Point-in-time
Total Assets Assets $2.60B USD Point-in-time
Total Assets Assets $2.55B USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $717.47M USD Point-in-time
Non-interest bearing NoninterestBearingDepositLiabilities $710.64M USD Point-in-time
Savings and interest-bearing checking DepositsSavingsDeposits $1.06B USD Point-in-time
Savings and interest-bearing checking DepositsSavingsDeposits $1.02B USD Point-in-time
Reciprocal ReciprocalDeposits $41.38M USD Point-in-time
Reciprocal ReciprocalDeposits $38.66M USD Point-in-time
Time InterestBearingDomesticDepositTimeDeposits $453.87M USD Point-in-time
Time InterestBearingDomesticDepositTimeDeposits $448.45M USD Point-in-time
Total Deposits Deposits $2.26B USD Point-in-time
Total Deposits Deposits $2.23B USD Point-in-time
Other borrowings OtherBorrowings $9.43M USD Point-in-time
Other borrowings OtherBorrowings $9.43M USD Point-in-time
Subordinated debentures JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust $35.57M USD Point-in-time
Subordinated debentures JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust $35.57M USD Point-in-time
Other liabilities held for sale LiabilitiesHeldForSale $718.00K USD Point-in-time
Other liabilities held for sale LiabilitiesHeldForSale $1.44M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $28.53M USD Point-in-time
Accrued expenses and other liabilities OtherLiabilities $31.51M USD Point-in-time
Total Liabilities Liabilities $2.34B USD Point-in-time
Total Liabilities Liabilities $2.30B 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: 21,327,796 shares at March 31, 2017 and 21,258,092 shares at December 31, 2016 CommonStockValue $323.75M USD Point-in-time
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 21,327,796 shares at March 31, 2017 and 21,258,092 shares at December 31, 2016 CommonStockValue $323.77M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-65.66M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-61.76M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-9.11M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.54M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $239.54M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $255.47M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $248.98M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $251.09M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $2.60B USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $2.55B USD Point-in-time
Income Statement 78 line items
Line Item Tag Value Unit Period
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $18.56M USD 1 Quarter
Interest and fees on loans InterestAndFeeIncomeLoansAndLeases $19.86M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $2.75M USD 1 Quarter
Taxable InterestIncomeSecuritiesTaxable $2.24M USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $455.00K USD 1 Quarter
Tax-exempt InterestIncomeSecuritiesTaxExempt $248.00K USD 1 Quarter
Other investments OtherInterestAndDividendIncome $312.00K USD 1 Quarter
Other investments OtherInterestAndDividendIncome $306.00K USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $21.35M USD 1 Quarter
Total Interest Income InterestAndDividendIncomeOperating $23.38M USD 1 Quarter
Deposits InterestExpenseDeposits $1.11M USD 1 Quarter
Deposits InterestExpenseDeposits $1.44M USD 1 Quarter
Other borrowings and subordinated debentures InterestExpenseBorrowings $477.00K USD 1 Quarter
Other borrowings and subordinated debentures InterestExpenseBorrowings $470.00K USD 1 Quarter
Total Interest Expense InterestExpense $1.91M USD 1 Quarter
Total Interest Expense InterestExpense $1.59M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $21.47M USD 1 Quarter
Net Interest Income InterestIncomeExpenseNet $19.76M USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-530.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-359.00K USD 1 Quarter
Net Interest Income After Provision for Loan Losses InterestIncomeExpenseAfterProvisionForLoanLoss $20.29M USD 1 Quarter
Net Interest Income After Provision for Loan Losses InterestIncomeExpenseAfterProvisionForLoanLoss $21.82M USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $3.01M USD 1 Quarter
Service charges on deposit accounts FeesAndCommissionsDepositorAccounts $2.85M USD 1 Quarter
Interchange income InterchangeIncome $1.88M USD 1 Quarter
Interchange income InterchangeIncome $1.92M USD 1 Quarter
Mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $1.64M USD 1 Quarter
Mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $2.57M USD 1 Quarter
Securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $162.00K USD 1 Quarter
Securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $27.00K USD 1 Quarter
Mortgage loan servicing, net ServicingFeesNet $825.00K USD 1 Quarter
Mortgage loan servicing, net ServicingFeesNet $-978.00K USD 1 Quarter
Title insurance fees FeesAndCommissionsOther $288.00K USD 1 Quarter
Title insurance fees FeesAndCommissionsOther $264.00K USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $1.97M USD 1 Quarter
Other NoninterestIncomeOtherOperatingIncome $1.72M USD 1 Quarter
Total Non-Interest Income NoninterestIncome $7.81M USD 1 Quarter
Total Non-Interest Income NoninterestIncome $10.34M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $14.15M USD 1 Quarter
Compensation and employee benefits LaborAndRelatedExpense $11.88M USD 1 Quarter
Occupancy, net OccupancyNet $2.14M USD 1 Quarter
Occupancy, net OccupancyNet $2.21M USD 1 Quarter
Data processing DataProcessing $2.10M USD 1 Quarter
Data processing DataProcessing $1.94M USD 1 Quarter
Furniture, fixtures and equipment EquipmentExpense $977.00K USD 1 Quarter
Furniture, fixtures and equipment EquipmentExpense $984.00K USD 1 Quarter
Communications Communication $683.00K USD 1 Quarter
Communications Communication $888.00K USD 1 Quarter
Loan and collection LoanAndCollection $825.00K USD 1 Quarter
Loan and collection LoanAndCollection $413.00K USD 1 Quarter
Advertising AdvertisingExpense $506.00K USD 1 Quarter
Advertising AdvertisingExpense $477.00K USD 1 Quarter
Legal and professional ProfessionalFees $437.00K USD 1 Quarter
Legal and professional ProfessionalFees $413.00K USD 1 Quarter
FDIC deposit insurance FederalDepositInsuranceCorporationPremiumExpense $198.00K USD 1 Quarter
FDIC deposit insurance FederalDepositInsuranceCorporationPremiumExpense $334.00K USD 1 Quarter
Interchange expense InterchangeExpense $283.00K USD 1 Quarter
Interchange expense InterchangeExpense $266.00K USD 1 Quarter
Credit card and bank service fees CreditCardAndBankServiceFees $191.00K USD 1 Quarter
Credit card and bank service fees CreditCardAndBankServiceFees $187.00K USD 1 Quarter
Other OtherNoninterestExpense $1.48M USD 1 Quarter
Other OtherNoninterestExpense $1.66M USD 1 Quarter
Total Non-Interest Expense NoninterestExpense $23.57M USD 1 Quarter
Total Non-Interest Expense NoninterestExpense $22.05M USD 1 Quarter
Income Before Income Tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $6.06M USD 1 Quarter
Income Before Income Tax IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $8.60M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $1.96M USD 1 Quarter
Income tax expense IncomeTaxExpenseBenefit $2.62M USD 1 Quarter
Net Income NetIncomeLoss $4.10M USD 1 Quarter
Net Income NetIncomeLoss $5.97M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.28 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.19 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.28 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.19 USD 1 Quarter
Declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.10 USD 1 Quarter
Declared (in dollars per share) CommonStockDividendsPerShareDeclared $0.08 USD 1 Quarter
Paid (in dollars per share) CommonStockDividendsPerShareCashPaid $0.10 USD 1 Quarter
Paid (in dollars per share) CommonStockDividendsPerShareCashPaid $0.08 USD 1 Quarter
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $4.10M USD 1 Quarter
Net income NetIncomeLoss $5.97M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $81.68M USD 1 Quarter
Proceeds from sales of loans held for sale ProceedsFromSaleOfLoansHeldForSale $57.18M USD 1 Quarter
Disbursements for loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $55.69M USD 1 Quarter
Disbursements for loans held for sale PaymentsForOriginationOfMortgageLoansHeldForSale $80.78M USD 1 Quarter
Net increase in other liabilities held for sale IncreaseDecreaseInOtherLiabilitiesHeldForSale - USD 1 Quarter
Net increase in other liabilities held for sale IncreaseDecreaseInOtherLiabilitiesHeldForSale $717.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-530.00K USD 1 Quarter
Provision for loan losses ProvisionForLoanAndLeaseLosses $-359.00K USD 1 Quarter
Deferred income tax expense IncreaseDecreaseInDeferredIncomeTaxes $-3.84M USD 1 Quarter
Deferred income tax expense IncreaseDecreaseInDeferredIncomeTaxes $-2.47M USD 1 Quarter
Deferred loan fees IncreaseDecreaseInLoansDeferredIncome $931.00K USD 1 Quarter
Deferred loan fees IncreaseDecreaseInLoansDeferredIncome $216.00K USD 1 Quarter
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities, loans and interest bearing deposits - time DepreciationAmortizationAndAccretionNet $1.28M USD 1 Quarter
Net depreciation, amortization of intangible assets and premiums and accretion of discounts on securities, loans and interest bearing deposits - time DepreciationAmortizationAndAccretionNet $1.31M USD 1 Quarter
Net gains on mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $1.64M USD 1 Quarter
Net gains on mortgage loans GainLossOnSaleOfAndFairValueAdjustmentsOnLoansAndLeases $2.57M USD 1 Quarter
Net gains on securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $162.00K USD 1 Quarter
Net gains on securities MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments $27.00K USD 1 Quarter
Share based compensation ShareBasedCompensation $410.00K USD 1 Quarter
Share based compensation ShareBasedCompensation $432.00K USD 1 Quarter
Increase in accrued income and other assets IncreaseDecreaseInOtherOperatingAssets $1.13M USD 1 Quarter
Increase in accrued income and other assets IncreaseDecreaseInOtherOperatingAssets $2.85M USD 1 Quarter
Decrease in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-613.00K USD 1 Quarter
Decrease in accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $-3.22M USD 1 Quarter
Total Adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $1.38M USD 1 Quarter
Total Adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-2.79M USD 1 Quarter
Net Cash From Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $3.19M USD 1 Quarter
Net Cash From Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $5.48M USD 1 Quarter
Proceeds from the sale of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $42.39M USD 1 Quarter
Proceeds from the sale of securities available for sale ProceedsFromSaleOfAvailableForSaleSecurities $6.15M USD 1 Quarter
Proceeds from the maturity of securities available for sale ProceedsFromMaturityOfAvailableForSaleSecurities $4.77M USD 1 Quarter
Proceeds from the maturity of securities available for sale ProceedsFromMaturityOfAvailableForSaleSecurities $13.38M USD 1 Quarter
Principal payments received on securities available for sale PrincipalPaymentsReceivedOnAvailableForSaleSecurities $37.25M USD 1 Quarter
Principal payments received on securities available for sale PrincipalPaymentsReceivedOnAvailableForSaleSecurities $45.30M USD 1 Quarter
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $74.26M USD 1 Quarter
Purchases of securities available for sale PaymentsToAcquireAvailableForSaleSecurities $45.67M USD 1 Quarter
Proceeds from the maturity of interest bearing deposits - time ProceedsFromInterestBearingDepositsInBanksTime $251.00K USD 1 Quarter
Proceeds from the maturity of interest bearing deposits - time ProceedsFromInterestBearingDepositsInBanksTime $1.68M USD 1 Quarter
Purchase of Federal Reserve Bank stock PaymentsToAcquireFederalReserveStock - USD 1 Quarter
Purchase of Federal Reserve Bank stock PaymentsToAcquireFederalReserveStock $129.00K USD 1 Quarter
Net increase in portfolio loans (loans originated, net of principal payments) PaymentsForProceedsFromLoansAndLeases $61.00M USD 1 Quarter
Net increase in portfolio loans (loans originated, net of principal payments) PaymentsForProceedsFromLoansAndLeases $23.28M USD 1 Quarter
Net increase in payment plan receivables and other assets held for sale NetIncreaseDecreaseInPaymentPlanReceivablesAndOtherAssetsHeldForSale $1.44M USD 1 Quarter
Net increase in payment plan receivables and other assets held for sale NetIncreaseDecreaseInPaymentPlanReceivablesAndOtherAssetsHeldForSale - USD 1 Quarter
Proceeds from bank-owned life insurance ProceedsFromLifeInsurancePolicies - USD 1 Quarter
Proceeds from bank-owned life insurance ProceedsFromLifeInsurancePolicies $523.00K USD 1 Quarter
Proceeds from the collection of vehicle service contract counterparty receivables ProceedsFromCollectionOfVehicleServiceContractCounterpartyReceivables $191.00K USD 1 Quarter
Proceeds from the collection of vehicle service contract counterparty receivables ProceedsFromCollectionOfVehicleServiceContractCounterpartyReceivables $4.22M USD 1 Quarter
Proceeds from the sale of other real estate and repossessed assets ProceedsFromSaleOfForeclosedAssets $238.00K USD 1 Quarter
Proceeds from the sale of other real estate and repossessed assets ProceedsFromSaleOfForeclosedAssets $1.36M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $611.00K USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $680.00K USD 1 Quarter
Net Cash From (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-51.36M USD 1 Quarter
Net Cash From (Used in) Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $2.00M USD 1 Quarter
Net increase in total deposits IncreaseDecreaseInDeposits $37.34M USD 1 Quarter
Net increase in total deposits IncreaseDecreaseInDeposits $68.74M USD 1 Quarter
Net decrease in other borrowings ProceedsFromRepaymentsOfOtherDebt $-1.00K USD 1 Quarter
Net decrease in other borrowings ProceedsFromRepaymentsOfOtherDebt - USD 1 Quarter
Dividends paid PaymentsOfDividends $2.13M USD 1 Quarter
Dividends paid PaymentsOfDividends $1.75M USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $25.00K USD 1 Quarter
Proceeds from issuance of common stock ProceedsFromIssuanceOfCommonStock $32.00K USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock - USD 1 Quarter
Repurchase of common stock PaymentsForRepurchaseOfCommonStock $15.51M USD 1 Quarter
Share based compensation withholding obligation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $427.00K USD 1 Quarter
Share based compensation withholding obligation PaymentsRelatedToTaxWithholdingForShareBasedCompensation $66.00K USD 1 Quarter
Net Cash From Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $51.45M USD 1 Quarter
Net Cash From Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $34.80M USD 1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $58.93M USD 1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-13.37M USD 1 Quarter
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $144.71M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $69.82M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $83.19M USD Point-in-time
Cash and Cash Equivalents at Beginning of Period CashAndCashEquivalentsAtCarryingValue $85.78M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $144.71M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $69.82M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $83.19M USD Point-in-time
Cash and Cash Equivalents at End of Period CashAndCashEquivalentsAtCarryingValue $85.78M USD Point-in-time
Interest InterestPaid $1.50M USD 1 Quarter
Interest InterestPaid $1.62M USD 1 Quarter
Income taxes IncomeTaxesPaid $120.00K USD 1 Quarter
Income taxes IncomeTaxesPaid $140.00K USD 1 Quarter
Transfers to other real estate and repossessed assets TransferOfOtherRealEstate $502.00K USD 1 Quarter
Transfers to other real estate and repossessed assets TransferOfOtherRealEstate $873.00K USD 1 Quarter
Transfer of payment plan receivables to vehicle service contract counterparty receivables TransferOfPaymentPlanReceivablesToVehicleServiceContractCounterpartyReceivables $191.00K USD 1 Quarter
Transfer of payment plan receivables to vehicle service contract counterparty receivables TransferOfPaymentPlanReceivablesToVehicleServiceContractCounterpartyReceivables - USD 1 Quarter
Purchase of securities available for sale not yet settled PurchaseOfSecuritiesAvailableForSaleNotYetSettled $6.05M USD 1 Quarter
Purchase of securities available for sale not yet settled PurchaseOfSecuritiesAvailableForSaleNotYetSettled $21.33M USD 1 Quarter
Stockholders Equity 26 line items
Line Item Tag Value Unit Period
Balance at beginning of period StockholdersEquity $239.54M USD Point-in-time
Balance at beginning of period StockholdersEquity $255.47M USD Point-in-time
Balance at beginning of period StockholdersEquity $248.98M USD Point-in-time
Balance at beginning of period StockholdersEquity $251.09M USD Point-in-time
Cumulative effect of change in accounting CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption - USD Point-in-time
Cumulative effect of change in accounting CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption $352.00K USD Point-in-time
Balance at beginning of period, as adjusted StockholdersEquityAttributableToParentAsAdjusted $251.09M USD Point-in-time
Balance at beginning of period, as adjusted StockholdersEquityAttributableToParentAsAdjusted $249.33M USD Point-in-time
Net income NetIncomeLoss $4.10M USD 1 Quarter
Net income NetIncomeLoss $5.97M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $1.75M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $2.13M USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $32.00K USD 1 Quarter
Issuance of common stock StockIssuedDuringPeriodValueNewIssues $25.00K USD 1 Quarter
Share based compensation StockIssuedDuringPeriodValueShareBasedCompensation $432.00K USD 1 Quarter
Share based compensation StockIssuedDuringPeriodValueShareBasedCompensation $410.00K USD 1 Quarter
Share based compensation withholding obligation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $66.00K USD 1 Quarter
Share based compensation withholding obligation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation $427.00K USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue $15.51M USD 1 Quarter
Repurchase of common stock StockRepurchasedDuringPeriodValue - USD 1 Quarter
Net change in accumulated other comprehensive loss, net of related tax effect OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.27M USD 1 Quarter
Net change in accumulated other comprehensive loss, net of related tax effect OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.24M USD 1 Quarter
Balance at end of period StockholdersEquity $239.54M USD Point-in-time
Balance at end of period StockholdersEquity $255.47M USD Point-in-time
Balance at end of period StockholdersEquity $248.98M USD Point-in-time
Balance at end of period StockholdersEquity $251.09M USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $4.10M USD 1 Quarter
Net income NetIncomeLoss $5.97M USD 1 Quarter
Unrealized gains arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $2.11M USD 1 Quarter
Unrealized gains arising during period OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $3.62M USD 1 Quarter
Change in unrealized gains for which a portion of other than temporary impairment has been recognized in earnings OtherComprehensiveIncomeLossAvailableForSaleSecuritiesOtherThanTemporaryImpairmentLossAdjustmentBeforeReclassificationAdjustmentsAndTax $-36.00K USD 1 Quarter
Change in unrealized gains for which a portion of other than temporary impairment has been recognized in earnings OtherComprehensiveIncomeLossAvailableForSaleSecuritiesOtherThanTemporaryImpairmentLossAdjustmentBeforeReclassificationAdjustmentsAndTax $-22.00K USD 1 Quarter
Reclassification adjustments for gains included in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $106.00K USD 1 Quarter
Reclassification adjustments for gains included in earnings OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesBeforeTax $174.00K USD 1 Quarter
Unrealized gains recognized in other comprehensive income on securities available for sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $3.50M USD 1 Quarter
Unrealized gains recognized in other comprehensive income on securities available for sale OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax $1.90M USD 1 Quarter
Income tax expense OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $667.00K USD 1 Quarter
Income tax expense OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $1.22M USD 1 Quarter
Unrealized gains recognized in other comprehensive income on available for sale securities, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $1.24M USD 1 Quarter
Unrealized gains recognized in other comprehensive income on available for sale securities, net of tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax $2.27M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $2.27M USD 1 Quarter
Other comprehensive income OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $1.24M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $5.34M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTax $8.25M USD 1 Quarter

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

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