Cobiz Financial Inc (COBZ) Financial Statements (2024 and earlier)

Company Profile

Business Address 1401 LAWRENCE ST.
DENVER, CO 80202
State of Incorp. CO
Fiscal Year End December 31
Industry (SIC) 6021 - National Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments67,68080,18079,30590,41987,53196,050
Cash and cash equivalents67,68080,18079,30590,41987,53196,050
Total current assets:67,68080,18079,30590,41987,53196,050
Noncurrent Assets
Property, plant and equipment10,11010,82710,70111,14510,81711,019
Long-term investments and receivables10,95410,11911,22215,07613,57611,365
Long-term investments10,95410,11911,22215,07613,57611,365
Intangible assets, net (including goodwill)6717268761,0261,1761,326
Intangible assets, net (excluding goodwill)6717268761,0261,1761,326
Total noncurrent assets:21,73521,67222,79927,24725,56923,710
Other undisclosed assets3,726,0923,744,4203,734,7393,685,8243,618,2423,510,553
TOTAL ASSETS:3,815,5073,846,2723,836,8433,803,4903,731,3423,630,313
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt140,086130,599161,811251,203214,825133,869
Total current liabilities:140,086130,599161,811251,203214,825133,869
Noncurrent Liabilities
Other undisclosed liabilities3,336,8643,386,3893,345,9423,232,8173,206,3083,194,134
Total liabilities:3,476,9503,516,9883,507,7533,484,0203,421,1333,328,003
Equity
Equity, attributable to parent338,557329,284329,090319,470310,209302,310
Common stock420418414414414411
Additional paid in capital203,055202,111201,333200,232199,039197,758
Accumulated other comprehensive income (loss)(1,830)(141)1,7462,1131,441566
Retained earnings136,912126,896125,597116,711109,315103,575
Total equity:338,557329,284329,090319,470310,209302,310
TOTAL LIABILITIES AND EQUITY:3,815,5073,846,2723,836,8433,803,4903,731,3423,630,313

Income Statement (P&L) ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Revenues45,52845,62745,18943,11640,69540,831
Net investment income37,77737,75336,94735,40633,08132,779
Financial services revenue7,7517,8748,2427,7107,6148,052
Cost of revenue
(Financial Services Costs)
  (945)(1,060)(673)(607) 
Gross profit:45,52844,68244,12942,44340,08840,831
Operating expenses(28,195)(27,800)(25,990)(26,181)(27,120)(26,646)
Other operating income, net
(Noninterest Income, Other Operating Income)
4     
Other undisclosed operating income  136   137
Operating income:17,33717,01818,13916,26212,96814,322
Nonoperating expense
(Investment Income, Nonoperating)
      (2,262)
Interest and debt expense(3,168)(3,031)(3,178)(3,401)(3,003)(2,891)
Other undisclosed income from continuing operations before equity method investments, income taxes1,1564243511277202,656
Income from continuing operations before income taxes:15,32514,41115,31212,98810,68511,825
Income tax expense(2,344)(10,789)(4,119)(3,499)(2,071)(3,092)
Income from continuing operations:12,9813,62211,1939,4898,6148,733
Income before gain (loss) on sale of properties:12,9813,62211,1939,4898,6148,733
Net income available to common stockholders, diluted:12,9813,62211,1939,4898,6148,733

Comprehensive Income ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Net income:12,9813,62211,1939,4898,6148,733
Other undisclosed comprehensive loss  (707)   (2,717)
Comprehensive income:12,9812,91511,1939,4898,6146,016
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(1,659)(1,180)(367)6728751,035
Comprehensive income, net of tax, attributable to parent:11,3221,73510,82610,1619,4897,051

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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