10-Q Filing

ESPEY MFG & ELECTRONICS CORP CIK: 33533 Q2 2024

Filing Information

Form Type	10-Q
Accession Number	`0001174947-24-000207`
Period End Date	20231231
Filing Date	20240212
Fiscal Year	2024
Fiscal Period	Q2
XBRL Instance	esp-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 72 Cash Flow Statement 70 Stockholders Equity 41

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00K	USD	Point-in-time
Trade accounts receivable, allowance (in Dollars)	`AllowanceForDoubtfulAccountsReceivableCurrent`	$3.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.75M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.60M	USD	Point-in-time
Investment securities	`AvailableForSaleSecuritiesDebtSecurities`	$13.87M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.13M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	3.13M	shares	Point-in-time
Investment securities	`AvailableForSaleSecuritiesDebtSecurities`	$11.96M	USD	Point-in-time
Trade accounts receivable, less allowance for credit losses of $3,000	`AccountsReceivableNetCurrent`	$5.96M	USD	Point-in-time
Trade accounts receivable, less allowance for credit losses of $3,000	`AccountsReceivableNetCurrent`	$5.76M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.71M	shares	Point-in-time
Unearned ESOP shares	`CommonStockSharesHeldInEmployeeTrustShares`	222,565.00	shares	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxesReceivable`	$35.67K	USD	Point-in-time
Unearned ESOP shares	`CommonStockSharesHeldInEmployeeTrustShares`	233,645.00	shares	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.33	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.33	USD	Point-in-time
Raw materials	`InventoryRawMaterials`	$1.87M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	423,241.00	shares	Point-in-time
Raw materials	`InventoryRawMaterials`	$1.89M	USD	Point-in-time
Treasury stock, shares	`TreasuryStockCommonShares`	427,241.00	shares	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$681.30K	USD	Point-in-time
Work-in-process	`InventoryWorkInProcess`	$938.07K	USD	Point-in-time
Costs related to contracts in process	`InventoryForLongTermContractsOrPrograms`	$15.05M	USD	Point-in-time
Costs related to contracts in process	`InventoryForLongTermContractsOrPrograms`	$17.32M	USD	Point-in-time
Total inventories	`InventoryNet`	$19.89M	USD	Point-in-time
Total inventories	`InventoryNet`	$17.86M	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsCurrent`	$75.02K	USD	Point-in-time
Deferred tax assets	`DeferredTaxAssetsCurrent`	-	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$3.90M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$4.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$45.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$44.68M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$5.09M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$2.83M	USD	Point-in-time
Total assets	`Assets`	$47.50M	USD	Point-in-time
Total assets	`Assets`	$50.36M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.10M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.21M	USD	Point-in-time
Salaries and wages	`AccruedSalariesCurrent`	$508.22K	USD	Point-in-time
Salaries and wages	`AccruedSalariesCurrent`	$890.75K	USD	Point-in-time
Vacation	`AccruedVacationCurrent`	$685.19K	USD	Point-in-time
Vacation	`AccruedVacationCurrent`	$521.54K	USD	Point-in-time
ESOP payable	`AccruedEmployeeBenefitsCurrent`	-	USD	Point-in-time
ESOP payable	`AccruedEmployeeBenefitsCurrent`	$113.27K	USD	Point-in-time
Other	`OtherEmployeeRelatedLiabilitiesCurrent`	$984.10K	USD	Point-in-time
Other	`OtherEmployeeRelatedLiabilitiesCurrent`	$547.75K	USD	Point-in-time
Payroll and other taxes withheld	`AccruedPayrollTaxesCurrent`	$54.26K	USD	Point-in-time
Payroll and other taxes withheld	`AccruedPayrollTaxesCurrent`	$66.04K	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$7.62M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$8.08M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$229.62K	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$11.48M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.14M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiability`	-	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiability`	$137.83K	USD	Point-in-time
Total liabilities	`Liabilities`	$11.62M	USD	Point-in-time
Total liabilities	`Liabilities`	$12.14M	USD	Point-in-time
Commitments and contingencies (See Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (See Note 5)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Authorized 10,000,000 shares; Issued 3,129,874 shares as of December 31, 2023 and June 30, 2023. Outstanding 2,706,633 and 2,702,633 shares as of December 31, 2023 and June 30, 2023, respectively (includes 222,565 and 233,645 Unearned ESOP shares, respectively)	`CommonStockValue`	$1.04M	USD	Point-in-time
Authorized 10,000,000 shares; Issued 3,129,874 shares as of December 31, 2023 and June 30, 2023. Outstanding 2,706,633 and 2,702,633 shares as of December 31, 2023 and June 30, 2023, respectively (includes 222,565 and 233,645 Unearned ESOP shares, respectively)	`CommonStockValue`	$1.04M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$23.45M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$23.28M	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-2.43K	USD	Point-in-time
Accumulated other comprehensive gain (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.99K	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$21.87M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$24.02M	USD	Point-in-time
Total stockholders equity before ESOP	`TotalStockholdersEquityBeforyEsopAndTreasuryStock`	$48.51M	USD	Point-in-time
Total stockholders equity before ESOP	`TotalStockholdersEquityBeforyEsopAndTreasuryStock`	$46.19M	USD	Point-in-time
Less: Unearned ESOP shares	`UnearnedEsopSharesCost`	$4.27M	USD	Point-in-time
Less: Unearned ESOP shares	`UnearnedEsopSharesCost`	$4.27M	USD	Point-in-time
Cost of 423,241 and 427,241 shares of common stock in treasury as of December 31, 2023 and June 30, 2023, respectively	`TreasuryStockValue`	$6.04M	USD	Point-in-time
Cost of 423,241 and 427,241 shares of common stock in treasury as of December 31, 2023 and June 30, 2023, respectively	`TreasuryStockValue`	$6.01M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$34.12M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$35.88M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$32.93M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$38.22M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$32.10M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$36.72M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$50.36M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$47.50M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net sales	`Revenues`	$18.87M	USD	2 Qtrs
Net sales	`Revenues`	$8.80M	USD	1 Quarter
Net sales	`Revenues`	$10.30M	USD	1 Quarter
Net sales	`Revenues`	$17.44M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$13.48M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$7.16M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$13.37M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$6.54M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.26M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.14M	USD	1 Quarter
Gross profit	`GrossProfit`	$5.39M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.07M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.05M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$874.93K	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.07M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.71M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$3.31M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$1.39M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$2.36M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$2.09M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$64.62K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$308.94K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$73.43K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$161.51K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$19.39K	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$12.68K	USD	2 Qtrs
Other	`OtherNonoperatingIncome`	$5.25K	USD	1 Quarter
Other	`OtherNonoperatingIncome`	$8.92K	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$328.34K	USD	2 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$73.54K	USD	1 Quarter
Total other income	`OtherNonoperatingIncomeExpense`	$86.12K	USD	2 Qtrs
Total other income	`OtherNonoperatingIncomeExpense`	$166.76K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossAttributableToParent`	$2.26M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossAttributableToParent`	$2.45M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossAttributableToParent`	$3.64M	USD	2 Qtrs
Income before provision for income taxes	`IncomeLossAttributableToParent`	$1.46M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$530.71K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$313.29K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$753.00K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$464.28K	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.89M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.91M	USD	2 Qtrs
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$915.00	USD	2 Qtrs
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$2.68K	USD	1 Quarter
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$3.62K	USD	1 Quarter
Unrealized gain on investment securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$5.42K	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.92M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.80M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.90M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.15M	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$1.17	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.78	USD	2 Qtrs
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.47	USD	1 Quarter
Basic (in Dollars per share)	`EarningsPerShareBasic`	$0.73	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.47	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.72	USD	1 Quarter
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$1.16	USD	2 Qtrs
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$0.78	USD	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.47M	shares	2 Qtrs
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.48M	shares	1 Quarter
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	2.45M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.45M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.50M	shares	1 Quarter
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.45M	shares	2 Qtrs
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.49M	shares	2 Qtrs
Dividends per share: (in Dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends per share: (in Dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.30	USD	2 Qtrs
Dividends per share: (in Dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends per share: (in Dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	2 Qtrs

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.89M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.91M	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$131.16K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$103.18K	USD	2 Qtrs
Depreciation	`Depreciation`	$233.53K	USD	2 Qtrs
Depreciation	`Depreciation`	$242.36K	USD	2 Qtrs
ESOP compensation expense	`EmployeeStockOwnershipPlanESOPCompensationExpense`	$155.48K	USD	2 Qtrs
ESOP compensation expense	`EmployeeStockOwnershipPlanESOPCompensationExpense`	$183.36K	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-7.89K	USD	2 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-212.85K	USD	2 Qtrs
Gain on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$150.00	USD	2 Qtrs
Gain on disposal of property, plant and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$2.50K	USD	2 Qtrs
(Increase) decrease in trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$205.99K	USD	2 Qtrs
(Increase) decrease in trade accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.12M	USD	2 Qtrs
Decrease in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	2 Qtrs
Decrease in income taxes receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-35.67K	USD	2 Qtrs
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$210.06K	USD	2 Qtrs
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$-2.03M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-385.09K	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.17M	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$892.01K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$826.21K	USD	2 Qtrs
Decrease in accrued salaries and wages	`IncreaseDecreaseInAccruedSalaries`	$-226.88K	USD	2 Qtrs
Decrease in accrued salaries and wages	`IncreaseDecreaseInAccruedSalaries`	$-382.53K	USD	2 Qtrs
(Decrease) increase in vacation accrual	`IncreaseDecreaseInVacationAccrual`	$-163.65K	USD	2 Qtrs
(Decrease) increase in vacation accrual	`IncreaseDecreaseInVacationAccrual`	$20.59K	USD	2 Qtrs
Decrease in ESOP payable	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	-	USD	2 Qtrs
Decrease in ESOP payable	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-70.09K	USD	2 Qtrs
Increase (decrease) in other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$436.36K	USD	2 Qtrs
Increase (decrease) in other accrued expenses	`IncreaseDecreaseInOtherAccruedLiabilities`	$-217.94K	USD	2 Qtrs
(Decrease) increase in payroll and other taxes withheld	`IncreasedecreaseInPayrollAndOtherTaxesWithheld`	$2.12K	USD	2 Qtrs
(Decrease) increase in payroll and other taxes withheld	`IncreasedecreaseInPayrollAndOtherTaxesWithheld`	$-11.79K	USD	2 Qtrs
(Decrease) increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$1.90M	USD	2 Qtrs
(Decrease) increase in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-457.84K	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$227.84K	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$229.62K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$4.68M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$5.94M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.47M	USD	2 Qtrs
Additions to property, plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$103.89K	USD	2 Qtrs
Proceeds from grant award	`ProceedsFromGrantAward`	-	USD	2 Qtrs
Proceeds from grant award	`ProceedsFromGrantAward`	$968.72K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.50K	USD	2 Qtrs
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$150.00	USD	2 Qtrs
Purchase of investment securities	`PaymentsToAcquireInvestments`	$13.41M	USD	2 Qtrs
Purchase of investment securities	`PaymentsToAcquireInvestments`	$8.52M	USD	2 Qtrs
Proceeds from sale/maturity of investment securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$11.51M	USD	2 Qtrs
Proceeds from sale/maturity of investment securities	`ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities`	$2.16M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.46M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.40M	USD	2 Qtrs
Dividends on common stock	`PaymentsOfDividendsCommonStock`	-	USD	2 Qtrs
Dividends on common stock	`PaymentsOfDividendsCommonStock`	$741.89K	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	-	USD	2 Qtrs
Proceeds from exercise of stock options	`ProceedsFromStockOptionsExercised`	$59.48K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-682.41K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$854.18K	USD	2 Qtrs
Increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-1.78M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.33M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.60M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.75M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.33M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.60M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.75M	USD	Point-in-time
Income taxes paid	`IncomeTaxesPaid`	$311.00K	USD	2 Qtrs
Income taxes paid	`IncomeTaxesPaid`	$702.00K	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$562.00	USD	1 Quarter
Net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$761.00	USD	1 Quarter
Net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$192.00	USD	2 Qtrs
Net of tax	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax`	$1.14K	USD	2 Qtrs
Dividends paid on common stock per share (in Dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.30	USD	2 Qtrs
Dividends paid on common stock per share (in Dollars per share)	`CommonStockDividendsPerShareCashPaid`	$0.15	USD	1 Quarter
Balances	`StockholdersEquity`	$34.12M	USD	Point-in-time
Balances	`StockholdersEquity`	$35.88M	USD	Point-in-time
Balances	`StockholdersEquity`	$32.93M	USD	Point-in-time
Balances	`StockholdersEquity`	$38.22M	USD	Point-in-time
Balances	`StockholdersEquity`	$32.10M	USD	Point-in-time
Balances	`StockholdersEquity`	$36.72M	USD	Point-in-time
Balances (in Shares)	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Balances (in Shares)	`CommonStockSharesOutstanding`	2.71M	shares	Point-in-time
Net income	`NetIncomeLoss`	$1.80M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.89M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.15M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.91M	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$2.68K	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$5.42K	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$915.00	USD	2 Qtrs
Other comprehensive income, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax`	$3.62K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.92M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.80M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.90M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTax`	$1.15M	USD	1 Quarter
Stock options exercised	`StockIssuedDuringPeriodValueStockOptionsExercised`	$59.48K	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$41.92K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$103.18K	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$75.50K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$131.16K	USD	2 Qtrs
Dividends paid on common stock	`DividendsCommonStockCash`	$741.89K	USD	2 Qtrs
Dividends paid on common stock	`DividendsCommonStockCash`	$370.95K	USD	1 Quarter
Balances	`StockholdersEquity`	$34.12M	USD	Point-in-time
Balances	`StockholdersEquity`	$35.88M	USD	Point-in-time
Balances	`StockholdersEquity`	$32.93M	USD	Point-in-time
Balances	`StockholdersEquity`	$38.22M	USD	Point-in-time
Balances	`StockholdersEquity`	$32.10M	USD	Point-in-time
Balances	`StockholdersEquity`	$36.72M	USD	Point-in-time
Balances (in Shares)	`CommonStockSharesOutstanding`	2.70M	shares	Point-in-time
Balances (in Shares)	`CommonStockSharesOutstanding`	2.71M	shares	Point-in-time

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