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 7,319 27,034 21,320 17,651 16,635
Interest Expense 1,685 6,123 3,178 1,764 1,784
Net Interest Income 5,634 20,911 18,142 15,887 14,851
FTE Net Interest Income NA 21,906 18,411 15,915 14,916
Provision for Loan Losses 563 908 297 100 301
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 659 2,843 2,608 2,502 2,594
Gain on Sale of Loans (FAS 140) 6 54 66 98 97
Loan Fees & Charges NA NA 12 13 NA
Bank-owned Life Insurance Revenue 195 533 477 471 463
Insurance Revenue NA NA 4 5 NA
Investment Banking & Brokerage NA NA 219 199 NA
Other Noninterest Income 115 458 174 164 315
Total Noninterest Income 975 3,888 3,560 3,452 3,469
Realized Gain on Securities 69 0 0 0 0
Nonrecurring Revenue 0 0 100 0 212
Compensation & Benefits 2,346 8,776 7,964 7,210 7,021
Occupancy & Equipment 606 2,263 2,140 2,071 1,897
Marketing and Promotion Expense 75 383 493 426 324
Professional Fees 277 1,292 2,173 825 720
Tech & Communications Expense NA NA NA 502 NA
Amrt of Intang & Goodwill Impair 37 150 18 0 0
Foreclosure & Repo NA NA NA NA NA
Other Expense 1,069 3,618 2,329 2,615 2,901
Total Noninterest Expense 4,410 16,482 15,117 13,649 12,863
Nonrecurring Expense 0 0 1,306 0 208
Pre-Provision Net Revenue 2,199 9,312 6,854 5,718 5,522
Non-FTE Pre-Provision Net Revenue 2,199 8,317 6,585 5,690 5,457
Net Income before Taxes 1,705 7,409 5,082 5,590 5,160
Provision for Taxes 126 599 800 2,044 1,580
Effective Tax Rate(%) 7.39 8.08 15.74 36.57 30.62
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 1,579 6,810 4,282 3,546 3,580
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 1,579 6,810 4,282 3,546 3,580
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income (67) (256) (214) (115) (31)
Net Income Avail to Common 1,512 6,554 4,068 3,431 3,549
Net Income for Diluted EPS 1,512 6,554 4,068 3,431 3,549
EPS after Extra($) 0.28 1.19 0.82 0.71 0.71
EPS after Extra Growth(%) 0 45.10 15.50 0 10.90
Pre-Provision Earnings per Share($) 0.31 1.15 1.01 0.74 0.70
Comprehensive Income
Net Income 1,579 6,810 4,282 3,546 3,580
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 2,661 5,546 410 34 (273)
Comprehensive Income 4,240 12,356 4,692 3,580 3,307
Interest Income Earned On:
Interest Earned on Loans 5,842 21,803 18,885 16,827 16,041
Int Inc: Securities 1,448 5,894 2,507 701 623
Int Inc: Other Earn Assets 29 333 197 151 36
Int Inc: Secs & Oth Earn Assets 1,477 6,227 2,704 852 659
Int Inc: Total Earn Assets 7,319 28,030 21,589 17,679 16,700
Interest Expense Incurred On:
Int Exp: CDs NA 2,258 1,104 686 593
Int Exp: Other Deposits NA 2,569 1,487 533 172
Int Exp: Total Deposits 1,121 4,827 2,591 1,219 765
Int Exp: Debt 564 1,297 587 545 1,019
Int Exp: Total Int-bearing Liab 1,685 6,124 3,178 1,764 1,784
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.