Income Statement

Financial Highlights
3/31/2017
3/31/2018
3/31/2018
6/30/2018
Interest Income 9,883 44,960 11,244 12,105
Interest Expense 538 2,349 587 618
Net Interest Income 9,345 42,611 10,657 11,487
FTE Net Interest Income 9,353 42,654 10,668 11,498
Provision for Loan Losses 0 0 0 (200)
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 730 3,448 866 926
Service Charges on Deposits 393 NA NA 443
Gain on Sale of Loans (FAS 140) 163 641 119 152
Loan Fees & Charges 33 NA NA 371
Bank-owned Life Insurance Revenue 194 819 201 179
Insurance Revenue 0 0 0 0
Investment Banking & Brokerage 38 232 59 93
Other Noninterest Income 942 5,783 1,337 888
Total Noninterest Income 2,493 10,923 2,582 3,052
Realized Gain on Securities 82 0 0 0
Nonrecurring Revenue 16 0 0 0
Compensation & Benefits 5,335 21,743 5,687 5,578
Occupancy & Equipment 1,299 5,454 1,349 1,359
Marketing and Promotion Expense 146 747 120 192
Professional Fees 562 1,181 255 284
Tech & Communications Expense 671 2,730 691 724
Amrt of Intang & Goodwill Impair 27 232 58 46
Foreclosure & Repo NA 93 NA NA
Other Expense 429 2,751 886 836
Total Noninterest Expense 8,469 34,931 9,046 9,019
Nonrecurring Expense 454 606 0 0
Pre-Provision Net Revenue 3,377 18,646 4,204 5,531
Non-FTE Pre-Provision Net Revenue 3,369 18,603 4,193 5,520
Net Income before Taxes 3,013 17,997 4,193 5,720
Provision for Taxes 979 7,755 1,184 1,278
Effective Tax Rate(%) 32.49 43.09 28.24 22.34
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 2,034 10,242 3,009 4,442
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 2,034 10,242 3,009 4,442
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 2,034 10,242 3,009 4,442
Net Income for Diluted EPS 2,034 10,242 3,009 4,442
EPS after Extra($) 0.09 0.45 0.13 0.20
EPS after Extra Growth(%) 50 36.40 44.40 66.70
Pre-Provision Earnings per Share($) 0.10 0.65 0.14 0.20
Comprehensive Income
Net Income 2,034 10,242 3,009 4,442
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 233 (2,719) (2,402) (736)
Comprehensive Income 2,267 7,523 607 3,706
Interest Income Earned On:
Interest Earned on Loans 8,655 39,659 9,898 10,777
Int Inc: Securities 1,137 4,786 1,282 1,246
Int Inc: Other Earn Assets 99 558 75 93
Int Inc: Secs & Oth Earn Assets 1,236 5,344 1,357 1,339
Int Inc: Total Earn Assets 9,891 45,003 11,255 12,116
Interest Expense Incurred On:
Int Exp: CDs 166 640 134 121
Int Exp: Other Deposits 148 568 141 139
Int Exp: Total Deposits 314 1,208 275 260
Int Exp: Debt 224 1,141 312 358
Int Exp: Total Int-bearing Liab 538 2,349 587 618
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.