Desired Font Size:A A A

Income Statement

Email pagePDF viewPrint viewEmail AlertRSS FeedsTear sheetMobile IR SiteSocial media sharing
 2014 Y2015 Y2016 Y2017 Y2018 Q3 YTD
Source Document12/31/201512/31/201712/31/201712/31/20179/30/2018
(in thousands)     
Interest income 
Taxable 22,45723,69226,84629,79226,607
Tax exempt 4435758599
Taxable 1,1981,5061,5362,0761,795
Tax exempt 709694594527339
Total interest income 24,40825,92729,05132,48028,840
Interest expense 
Deposits 1,9841,9792,5783,4563,538
Repurchase agreements & other 9117161527
Federal Home Loan Bank advances 334375352320329
Trust preferred securities 1,071213252303293
Total interest expense 3,4802,5843,1984,0944,187
Net interest income 20,92823,34325,85328,38624,653
Provision for loan losses 4501,100750400600
Net interest income after provision for loan losses 20,47822,24325,10327,98624,053
Noninterest income 
Wealth management fees 2,6302,6062,6282,7772,155
Customer service fees 2,6912,7792,7052,6711,991
Gain on sale of mortgage loans & OMSR's 4,2286,2648,1727,1325,224
Mortgage loan servicing fees, net 7311,0258101,316991
Gain on sale of non-mortgage loans 3219479791,272935
Data service fees 1,2891,1909177380
Net gain on sale of securities 160026211970
Gain/(loss) on sale/disposal of assets (79)18177621
Other income 8568781,2391,1861,308
Total noninterest income 12,82715,70717,88917,21712,695
Noninterest expense 
Salaries and employee benefits 13,18514,91717,42118,64615,513
Net occupancy expense 2,0871,9432,1452,2601,797
Equipment expense 2,5252,2232,6182,7602,133
Data processing fees 9281,0601,3801,5581,345
Professional fees 1,7031,6631,4261,7741,316
Marketing expense 564594647734622
Telephone and communications 404387413462374
Postage and delivery expense 783801661454221
State, local and other taxes 370NANANA538
Employee expense 488543545797629
Intangible amortization expense 372NANANANA
Other expenses 2,5482,7962,8352,1331,507
Total noninterest expense 25,95726,92730,09131,57825,995
Income before income tax expense 7,34811,02312,90113,62510,753
Income tax expense 2,0853,4044,1172,5602,074
Net income 5,2637,6198,78411,0658,679
Preferred Stock Dividends 0956975975732
Net income available to common shareholders 5,2636,6637,80910,0907,947
Common share data 
Basic earnings per common share 1.081.361.62.11.3
Diluted earnings per common share
Average common shares outstanding (in thousands) 
Basic NANANANA6,106
Diluted NANANANA7,626
Condensed Consolidated Statements of Comprehensive Income 
Net income 5,2637,6198,78411,0658,679
Available for sale investment securities 
Unrealized holding gain (loss) arising in the period 1,439(406)(1,170)(374)(1,914)
Related tax (expense) benefit (489)138398126401
Less - Reclassification for gain realized in income (160)0262119(70)
Related tax expense 540(89)(40)15
Net effect on other comprehensive income 844(268)(599)(169)(1,568)
Total comprehensive income 6,1077,3518,18510,8967,111

Data shown on this page is extracted directly from the company’s documents. SNL 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, SNL, as always, stands by its commitment to the quality of the data.

Copyright 2019, © S&P Global Market Intelligence  Terms of Use