Income Statement

Financial Highlights
2020 FQ2 YTD
6/30/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Interest Income 83,643 165,143 147,292 132,869 124,972
Interest Expense 23,480 53,358 36,050 23,976 21,668
Net Interest Income 60,163 111,785 111,242 108,893 103,304
FTE Net Interest Income NA NA NA NA NA
Provision for Loan Losses 10,104 22 2,615 1,411 635
Trading Account Income (366) 1,988 (879) 1,114 507
Foreign Exchange Income 0 0 0 0 0
Trust Revenue 0 0 0 0 0
Service Charges on Deposits 984 3,222 2,987 3,023 3,356
Gain on Sale of Loans (FAS 140) 665 0 0 0 0
Loan Fees & Charges 4 6 14 5 16
Bank-owned Life Insurance Revenue 1,741 3,623 3,705 3,886 3,998
Insurance Revenue 57 181 60 0 0
Investment Banking & Brokerage 41 81 245 232 288
Other Noninterest Income 1,160 1,793 1,817 1,713 1,601
Total Noninterest Income 4,286 10,894 7,949 9,973 9,766
Realized Gain on Securities 60 514 178 169 306
Nonrecurring Revenue 0 3,400 0 1,500 0
Compensation & Benefits 17,733 39,571 34,802 38,237 37,380
Occupancy & Equipment 6,760 13,761 12,875 12,411 12,832
Marketing and Promotion Expense 1,161 3,442 2,726 1,861 1,885
Professional Fees 2,154 3,545 3,482 2,774 2,904
Tech & Communications Expense 3,072 5,679 5,011 4,585 4,957
Amrt of Intang & Goodwill Impair 110 265 326 386 447
Foreclosure & Repo NA NA NA NA NA
Other Expense 2,163 6,161 7,596 7,124 8,487
Total Noninterest Expense 33,153 72,424 66,818 67,378 68,892
Nonrecurring Expense 384 1,125 225 0 4,054
Pre-Provision Net Revenue 31,296 50,255 52,373 51,488 44,178
Non-FTE Pre-Provision Net Revenue 31,296 50,255 52,373 51,488 44,178
Net Income before Taxes 20,868 53,022 49,711 51,746 39,795
Provision for Taxes 5,524 12,787 9,632 26,978 13,665
Effective Tax Rate(%) 26.47 24.12 19.38 52.14 34.34
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 15,344 40,235 40,079 24,768 26,130
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 15,344 40,235 40,079 24,768 26,130
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 15,344 40,235 40,079 24,768 26,130
Net Income for Diluted EPS 15,344 40,235 40,079 24,768 26,130
EPS after Extra($) 0.33 0.85 0.85 0.53 0.57
EPS after Extra Growth(%) (8.30) 0 60.40 (7) 26.70
Pre-Provision Earnings per Share($) 0.53 0.84 0.88 0.72 0.63
Comprehensive Income
Net Income 15,344 40,235 40,079 24,768 26,130
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 9,976 13,846 (3,696) (227) (1,346)
Comprehensive Income 25,320 54,081 36,383 24,541 24,784
Interest Income Earned On:
Interest Earned on Loans 70,680 136,133 127,591 120,340 111,776
Int Inc: Securities 12,760 27,659 18,782 11,945 12,911
Int Inc: Other Earn Assets 203 1,351 919 584 285
Int Inc: Secs & Oth Earn Assets 12,963 29,010 19,701 12,529 13,196
Int Inc: Total Earn Assets 83,643 165,143 147,292 132,869 124,972
Interest Expense Incurred On:
Int Exp: CDs 9,785 20,855 16,688 8,153 6,529
Int Exp: Other Deposits 6,967 20,473 11,053 8,233 7,758
Int Exp: Total Deposits 16,752 41,328 27,741 16,386 14,287
Int Exp: Debt 6,728 12,030 8,309 7,590 7,381
Int Exp: Total Int-bearing Liab 23,480 53,358 36,050 23,976 21,668
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.