Income Statement

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Interest Income 42,732 165,143 147,292 132,869 124,972
Interest Expense 12,799 53,358 36,050 23,976 21,668
Net Interest Income 29,933 111,785 111,242 108,893 103,304
FTE Net Interest Income NA NA NA NA NA
Provision for Loan Losses 8,183 22 2,615 1,411 635
Trading Account Income (1,992) 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 677 3,222 2,987 3,023 3,356
Gain on Sale of Loans (FAS 140) 0 0 0 0 0
Loan Fees & Charges 3 6 14 5 16
Bank-owned Life Insurance Revenue 876 3,623 3,705 3,886 3,998
Insurance Revenue 39 181 60 0 0
Investment Banking & Brokerage 24 81 245 232 288
Other Noninterest Income 494 1,793 1,817 1,713 1,601
Total Noninterest Income 121 10,894 7,949 9,973 9,766
Realized Gain on Securities (13) 514 178 169 306
Nonrecurring Revenue 0 3,400 0 1,500 0
Compensation & Benefits 7,289 39,571 34,802 38,237 37,380
Occupancy & Equipment 3,393 13,761 12,875 12,411 12,832
Marketing and Promotion Expense 818 3,442 2,726 1,861 1,885
Professional Fees 1,109 3,545 3,482 2,774 2,904
Tech & Communications Expense 1,460 5,679 5,011 4,585 4,957
Amrt of Intang & Goodwill Impair 55 265 326 386 447
Foreclosure & Repo NA NA NA NA NA
Other Expense 1,379 6,161 7,596 7,124 8,487
Total Noninterest Expense 15,503 72,424 66,818 67,378 68,892
Nonrecurring Expense 179 1,125 225 0 4,054
Pre-Provision Net Revenue 14,551 50,255 52,373 51,488 44,178
Non-FTE Pre-Provision Net Revenue 14,551 50,255 52,373 51,488 44,178
Net Income before Taxes 6,176 53,022 49,711 51,746 39,795
Provision for Taxes 1,625 12,787 9,632 26,978 13,665
Effective Tax Rate(%) 26.31 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 4,551 40,235 40,079 24,768 26,130
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 4,551 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 4,551 40,235 40,079 24,768 26,130
Net Income for Diluted EPS 4,551 40,235 40,079 24,768 26,130
EPS after Extra($) 0.10 0.85 0.85 0.53 0.57
EPS after Extra Growth(%) (47.40) 0 60.40 (7) 26.70
Pre-Provision Earnings per Share($) 0.25 0.84 0.88 0.72 0.63
Comprehensive Income
Net Income 4,551 40,235 40,079 24,768 26,130
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 5,994 13,846 (3,696) (227) (1,346)
Comprehensive Income 10,545 54,081 36,383 24,541 24,784
Interest Income Earned On:
Interest Earned on Loans 35,337 136,133 127,591 120,340 111,776
Int Inc: Securities 7,223 27,659 18,782 11,945 12,911
Int Inc: Other Earn Assets 172 1,351 919 584 285
Int Inc: Secs & Oth Earn Assets 7,395 29,010 19,701 12,529 13,196
Int Inc: Total Earn Assets 42,732 165,143 147,292 132,869 124,972
Interest Expense Incurred On:
Int Exp: CDs 5,206 20,855 16,688 8,153 6,529
Int Exp: Other Deposits 4,073 20,473 11,053 8,233 7,758
Int Exp: Total Deposits 9,279 41,328 27,741 16,386 14,287
Int Exp: Debt 3,520 12,030 8,309 7,590 7,381
Int Exp: Total Int-bearing Liab 12,799 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.