Financial Highlights
2020 FQ3 YTD
9/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Interest Income 46,794 64,384 55,377 44,376 37,983
Interest Expense 5,887 10,477 8,247 6,438 4,885
Net Interest Income 40,907 53,907 47,130 37,938 33,098
FTE Net Interest Income 41,265 54,179 47,400 38,140 33,244
Provision for Loan Losses 600 385 500 625 600
Provision for Unfunded & Other Financial Losses NA NA NA NA NA
Provision for Credit Losses NA NA NA NA NA
Trading Account Income 0 0 0 0 0
Foreign Exchange Income 0 0 0 0 0
Trust Revenue 0 0 0 0 0
Service Charges on Deposits 900 1,586 1,441 1,056 995
Gain on Sale of Loans (FAS 140) 5,478 2,797 1,950 2,240 2,472
Loan Fees & Charges 1,186 2,583 1,486 1,341 1,535
Bank-owned Life Insurance Revenue NA NA NA NA NA
Insurance Revenue 0 0 0 0 0
Investment Banking & Brokerage 0 0 0 0 0
Other Noninterest Income (144) (1,221) (614) (827) (999)
Total Noninterest Income 7,420 5,745 4,263 3,810 4,003
Realized Gain on Securities 0 208 0 231 150
Nonrecurring Revenue 0 0 0 0 0
Compensation & Benefits 19,341 22,743 20,064 15,490 14,625
Occupancy & Equipment 5,747 7,069 6,188 5,313 4,429
Marketing and Promotion Expense 692 889 905 711 620
Professional Fees 1,546 2,100 1,575 1,534 1,169
Tech & Communications Expense 3,163 3,602 3,229 2,641 2,148
Amrt of Intang & Goodwill Impair 506 677 450 249 197
Foreclosure & Repo 13 212 182 388 202
Other Expense 4,071 4,473 4,640 3,960 3,394
Total Noninterest Expense 35,079 41,765 37,233 30,286 26,784
Nonrecurring Expense 206 0 3,067 50 3,101
Pre-Provision Net Revenue 13,606 18,159 14,430 11,664 10,463
Non-FTE Pre-Provision Net Revenue 13,248 17,887 14,160 11,462 10,317
Net Income before Taxes 12,442 17,710 10,593 11,018 6,766
Provision for Taxes 2,613 3,860 2,226 5,539 2,283
Effective Tax Rate(%) 21 21.80 21.01 50.27 33.74
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 9,829 13,850 8,367 5,479 4,483
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 9,829 13,850 8,367 5,479 4,483
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income 0 0 0 0 0
Net Income Avail to Common 9,829 13,850 8,367 5,479 4,483
Net Income for Diluted EPS 9,829 13,850 8,367 5,479 4,483
EPS after Extra($) 0.93 1.29 0.94 0.87 0.72
EPS after Extra Growth(%) (5.10) 37.20 8 20.80 (19.10)
Pre-Provision Earnings per Share($) 0.99 1.32 1.26 1.18 1.08
Comprehensive Income
Net Income 9,829 13,850 8,367 5,479 4,483
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 983 1,078 (171) (64) (428)
Comprehensive Income 10,812 14,928 8,196 5,415 4,055
Interest Income Earned On:
Interest Earned on Loans 44,466 60,055 51,563 41,913 36,174
Int Inc: Securities 2,172 3,128 2,983 2,058 1,655
Int Inc: Other Earn Assets 514 1,473 1,101 607 300
Int Inc: Secs & Oth Earn Assets 2,686 4,601 4,084 2,665 1,955
Int Inc: Total Earn Assets 47,152 64,656 55,647 44,578 38,129
Interest Expense Incurred On:
Int Exp: CDs 3,945 7,363 5,380 3,501 2,550
Int Exp: Other Deposits 1,041 2,073 1,112 859 772
Int Exp: Total Deposits 4,986 9,436 6,492 4,360 3,322
Int Exp: Debt 901 1,041 1,755 2,078 1,563
Int Exp: Total Int-bearing Liab 5,887 10,477 8,247 6,438 4,885
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.