Income Statement

Financial Highlights
3/31/2017
3/31/2017
3/31/2018
3/31/2018
NA NA NA NA
Interest Income 35,627 9,883 44,960 11,244
Interest Expense 1,869 538 2,349 587
Net Interest Income 33,758 9,345 42,611 10,657
FTE Net Interest Income 33,772 9,353 42,654 10,668
Provision for Loan Losses 0 0 0 0
Trading Account Income 0 0 0 0
Foreign Exchange Income NA 0 0 0
Trust Revenue 2,988 730 3,448 866
Service Charges on Deposits NA 393 1,697 411
Gain on Sale of Loans (FAS 140) 656 163 641 119
Loan Fees & Charges NA 33 123 34
Bank-owned Life Insurance Revenue 760 194 819 201
Insurance Revenue 0 0 0 0
Investment Banking & Brokerage NA 38 232 59
Other Noninterest Income 5,350 942 3,963 892
Total Noninterest Income 9,754 2,493 10,923 2,582
Realized Gain on Securities (158) 82 0 0
Nonrecurring Revenue 423 16 0 0
Compensation & Benefits 19,330 5,335 21,743 5,687
Occupancy & Equipment 4,813 1,299 5,454 1,349
Marketing and Promotion Expense 754 146 747 120
Professional Fees 975 562 1,181 255
Tech & Communications Expense 2,365 671 2,730 691
Amrt of Intang & Goodwill Impair 27 27 232 58
Foreclosure & Repo 59 NA 93 NA
Other Expense 3,415 429 2,751 886
Total Noninterest Expense 31,738 8,469 34,931 9,046
Nonrecurring Expense 1,248 454 606 0
Pre-Provision Net Revenue 11,788 3,377 18,646 4,204
Non-FTE Pre-Provision Net Revenue 11,774 3,369 18,603 4,193
Net Income before Taxes 10,791 3,013 17,997 4,193
Provision for Taxes 3,387 979 7,755 1,184
Effective Tax Rate(%) 31.39 32.49 43.09 28.24
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 7,404 2,034 10,242 3,009
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 7,404 2,034 10,242 3,009
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 7,404 2,034 10,242 3,009
Net Income for Diluted EPS 7,404 2,034 10,242 3,009
EPS after Extra($) 0.33 0.09 0.45 0.13
EPS after Extra Growth(%) 17.90 50 36.40 44.40
Pre-Provision Earnings per Share($) 0.34 0.10 0.65 0.14
Comprehensive Income
Net Income 7,404 2,034 10,242 3,009
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (2,770) 233 (2,719) (2,402)
Comprehensive Income 4,634 2,267 7,523 607
Interest Income Earned On:
Interest Earned on Loans 31,609 8,655 39,659 9,898
Int Inc: Securities 3,589 1,137 4,786 1,282
Int Inc: Other Earn Assets 443 99 558 75
Int Inc: Secs & Oth Earn Assets 4,032 1,236 5,344 1,357
Int Inc: Total Earn Assets 35,641 9,891 45,003 11,255
Interest Expense Incurred On:
Int Exp: CDs 634 166 640 134
Int Exp: Other Deposits 517 148 568 141
Int Exp: Total Deposits 1,151 314 1,208 275
Int Exp: Debt 718 224 1,141 312
Int Exp: Total Int-bearing Liab 1,869 538 2,349 587
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.