Income Statement

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 8,786 9,300 9,749 40,372
Interest Expense 953 1,306 1,706 7,221
Net Interest Income 7,832 7,993 8,043 33,151
FTE Net Interest Income 8,092 8,112 8,160 33,620
Provision for Loan Losses 352 325 467 1,728
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 854 894 949 3,700
Service Charges on Deposits 457 367 346 NA
Gain on Sale of Loans (FAS 140) 49 18 (1) 89
Loan Fees & Charges 42 81 80 NA
Bank-owned Life Insurance Revenue 88 82 82 337
Insurance Revenue 0 0 1 NA
Investment Banking & Brokerage 0 0 0 0
Other Noninterest Income 532 548 591 4,178
Total Noninterest Income 2,022 1,990 2,048 8,304
Realized Gain on Securities 0 (15) 10 300
Nonrecurring Revenue 0 0 0 341
Compensation & Benefits 3,857 4,005 3,908 16,283
Occupancy & Equipment 895 1,024 1,101 4,269
Marketing and Promotion Expense 251 242 222 815
Professional Fees 717 619 611 2,236
Tech & Communications Expense 487 502 569 2,119
Amrt of Intang & Goodwill Impair 127 120 116 454
Foreclosure & Repo NA NA NA NA
Other Expense 970 668 815 3,318
Total Noninterest Expense 7,304 7,180 7,342 29,494
Nonrecurring Expense 0 0 75 341
Pre-Provision Net Revenue 2,810 2,922 2,866 12,430
Non-FTE Pre-Provision Net Revenue 2,550 2,803 2,749 11,961
Net Income before Taxes 2,197 2,463 2,217 10,533
Provision for Taxes 593 446 318 1,709
Effective Tax Rate(%) 26.99 18.11 14.34 16.23
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 1,604 2,017 1,899 8,824
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 1,604 2,017 1,899 8,824
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (10) (20) (22) (111)
Net Income Avail to Common 1,594 1,997 1,877 8,713
Net Income for Diluted EPS 1,594 1,997 1,877 8,713
EPS after Extra($) 0.58 0.71 0.68 3.13
EPS after Extra Growth(%) 5.50 22.40 1.50 39.70
Pre-Provision Earnings per Share($) 0.60 0.78 0.78 3.35
Comprehensive Income
Net Income 1,604 2,017 1,899 8,824
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 10 (807) (234) (415)
Comprehensive Income 1,614 1,210 1,665 8,409
Interest Income Earned On:
Interest Earned on Loans 8,402 8,758 9,116 37,504
Int Inc: Securities 591 540 622 2,644
Int Inc: Other Earn Assets 53 120 128 695
Int Inc: Secs & Oth Earn Assets 644 660 750 3,339
Int Inc: Total Earn Assets 9,046 9,418 9,866 40,843
Interest Expense Incurred On:
Int Exp: CDs 250 308 354 1,706
Int Exp: Other Deposits 265 469 643 2,951
Int Exp: Total Deposits 515 777 997 4,657
Int Exp: Debt 438 529 709 2,566
Int Exp: Total Int-bearing Liab 953 1,306 1,706 7,223
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.