Income Statement

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 4,184 4,625 5,107 21,320
Interest Expense 438 523 707 3,178
Net Interest Income 3,746 4,102 4,400 18,142
FTE Net Interest Income NA NA NA 18,411
Provision for Loan Losses 25 57 72 297
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 0 0 0 0
Service Charges on Deposits 597 631 650 2,608
Gain on Sale of Loans (FAS 140) 15 14 23 66
Loan Fees & Charges NA 3 3 12
Bank-owned Life Insurance Revenue NA 109 72 477
Insurance Revenue NA 1 (1) 4
Investment Banking & Brokerage NA 53 51 219
Other Noninterest Income 220 69 90 174
Total Noninterest Income 832 880 888 3,560
Realized Gain on Securities 0 0 0 0
Nonrecurring Revenue 0 0 0 100
Compensation & Benefits 1,768 1,832 1,876 7,964
Occupancy & Equipment 523 540 547 2,140
Marketing and Promotion Expense 109 137 125 493
Professional Fees 201 192 297 2,173
Tech & Communications Expense NA 147 NA NA
Amrt of Intang & Goodwill Impair 0 0 0 18
Foreclosure & Repo NA NA NA NA
Other Expense 733 731 786 2,329
Total Noninterest Expense 3,334 3,579 3,631 15,117
Nonrecurring Expense 0 0 123 1,306
Pre-Provision Net Revenue 1,244 1,403 1,657 6,854
Non-FTE Pre-Provision Net Revenue 1,244 1,403 1,657 6,585
Net Income before Taxes 1,219 1,346 1,462 5,082
Provision for Taxes 369 198 250 800
Effective Tax Rate(%) 30.27 14.71 17.10 15.74
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 850 1,148 1,212 4,282
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 850 1,148 1,212 4,282
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (9) (26) (27) (214)
Net Income Avail to Common 841 1,122 1,185 4,068
Net Income for Diluted EPS 841 1,122 1,185 4,068
EPS after Extra($) 0.17 0.22 0.22 0.82
EPS after Extra Growth(%) 0 29.40 22.20 15.50
Pre-Provision Earnings per Share($) 0.16 0.21 0.24 1.01
Comprehensive Income
Net Income 850 1,148 1,212 4,282
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 155 (170) 79 410
Comprehensive Income 1,005 978 1,291 4,692
Interest Income Earned On:
Interest Earned on Loans 4,017 4,331 4,562 18,885
Int Inc: Securities 156 267 521 2,507
Int Inc: Other Earn Assets 11 27 24 197
Int Inc: Secs & Oth Earn Assets 167 294 545 2,704
Int Inc: Total Earn Assets 4,184 4,625 5,107 21,589
Interest Expense Incurred On:
Int Exp: CDs 148 205 222 1,104
Int Exp: Other Deposits 81 252 311 1,487
Int Exp: Total Deposits 229 457 533 2,591
Int Exp: Debt 209 66 174 587
Int Exp: Total Int-bearing Liab 438 523 707 3,178
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.