Income Statement

Financial Highlights
3/31/2015
3/31/2016
3/31/2017
3/31/2017
NA NA NA NA
Interest Income 28,626 30,948 35,627 9,883
Interest Expense 1,916 1,742 1,869 538
Net Interest Income 26,710 29,206 33,758 9,345
FTE Net Interest Income 26,710 29,206 33,772 9,353
Provision for Loan Losses (1,800) (1,150) 0 0
Trading Account Income 0 0 0 0
Foreign Exchange Income NA NA NA NA
Trust Revenue 2,975 3,212 2,988 730
Service Charges on Deposits NA NA NA NA
Gain on Sale of Loans (FAS 140) 596 525 656 163
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 716 770 760 194
Insurance Revenue 0 0 0 0
Investment Banking & Brokerage NA NA NA NA
Other Noninterest Income 4,510 5,055 5,350 1,406
Total Noninterest Income 8,797 9,562 9,754 2,493
Realized Gain on Securities 158 0 (158) 82
Nonrecurring Revenue 0 0 423 16
Compensation & Benefits 17,805 17,694 19,330 5,335
Occupancy & Equipment 4,667 4,727 4,813 1,299
Marketing and Promotion Expense 628 669 754 146
Professional Fees 1,089 904 975 562
Tech & Communications Expense 2,102 2,067 2,365 671
Amrt of Intang & Goodwill Impair 24 2 27 27
Foreclosure & Repo 1,074 754 59 NA
Other Expense 3,259 3,170 3,415 429
Total Noninterest Expense 30,648 29,987 31,738 8,469
Nonrecurring Expense 111 100 1,248 454
Pre-Provision Net Revenue 4,859 8,781 11,788 3,377
Non-FTE Pre-Provision Net Revenue 4,859 8,781 11,774 3,369
Net Income before Taxes 6,706 9,831 10,791 3,013
Provision for Taxes 2,150 3,426 3,387 979
Effective Tax Rate(%) 32.06 34.85 31.39 32.49
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 4,556 6,405 7,404 2,034
Net Income Attributable to Noncontrolling Int 65 47 0 0
Net Income Attributable to Parent 4,491 6,358 7,404 2,034
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 4,491 6,358 7,404 2,034
Net Income for Diluted EPS 4,491 6,358 7,404 2,034
EPS after Extra($) 0.20 0.28 0.33 0.09
EPS after Extra Growth(%) (77) 40 17.90 50
Pre-Provision Earnings per Share($) 0.14 0.25 0.34 0.10
Comprehensive Income
Net Income 4,556 6,405 7,404 2,034
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 1,409 321 (2,770) 233
Comprehensive Income 5,965 6,726 4,634 2,267
Interest Income Earned On:
Interest Earned on Loans 25,896 27,795 31,609 8,655
Int Inc: Securities 2,274 2,709 3,589 1,137
Int Inc: Other Earn Assets 456 444 443 99
Int Inc: Secs & Oth Earn Assets 2,730 3,153 4,032 1,236
Int Inc: Total Earn Assets 28,626 30,948 35,641 9,891
Interest Expense Incurred On:
Int Exp: CDs 899 717 634 166
Int Exp: Other Deposits 427 456 517 148
Int Exp: Total Deposits 1,326 1,173 1,151 314
Int Exp: Debt 590 569 718 224
Int Exp: Total Int-bearing Liab 1,916 1,742 1,869 538
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.