Income Statement

Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Interest Income 19,884 21,320 17,651 16,635 16,082
Interest Expense 4,402 3,178 1,764 1,784 2,283
Net Interest Income 15,482 18,142 15,887 14,851 13,799
FTE Net Interest Income NA 18,411 15,915 14,916 13,902
Provision for Loan Losses 330 297 100 301 553
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 2,138 2,608 2,502 2,594 2,876
Gain on Sale of Loans (FAS 140) 38 66 98 97 42
Loan Fees & Charges NA 12 13 NA NA
Bank-owned Life Insurance Revenue NA 477 471 463 426
Insurance Revenue NA 4 5 NA NA
Investment Banking & Brokerage NA 219 199 NA NA
Other Noninterest Income 719 174 164 315 397
Total Noninterest Income 2,895 3,560 3,452 3,469 3,741
Realized Gain on Securities 0 0 0 0 32
Nonrecurring Revenue 0 100 0 212 29
Compensation & Benefits NA 7,964 7,210 7,021 6,393
Occupancy & Equipment NA 2,140 2,071 1,897 1,918
Marketing and Promotion Expense NA 493 426 324 300
Professional Fees NA 2,173 825 720 679
Tech & Communications Expense NA NA 502 NA NA
Amrt of Intang & Goodwill Impair NA 18 0 0 66
Foreclosure & Repo NA NA NA NA 72
Other Expense NA 2,329 2,615 2,901 3,062
Total Noninterest Expense 12,496 15,117 13,649 12,863 12,490
Nonrecurring Expense 0 1,306 0 208 0
Pre-Provision Net Revenue 5,881 6,854 5,718 5,522 5,153
Non-FTE Pre-Provision Net Revenue 5,881 6,585 5,690 5,457 5,050
Net Income before Taxes 5,551 5,082 5,590 5,160 4,558
Provision for Taxes 510 800 2,044 1,580 1,334
Effective Tax Rate(%) 9.19 15.74 36.57 30.62 29.27
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 5,041 4,282 3,546 3,580 3,224
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 5,041 4,282 3,546 3,580 3,224
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income NA (214) (115) (31) (67)
Net Income Avail to Common 5,041 4,068 3,431 3,549 3,157
Net Income for Diluted EPS NA 4,068 3,431 3,549 3,157
EPS after Extra($) 0.88 0.82 0.71 0.71 0.64
EPS after Extra Growth(%) 23.90 15.50 0 10.90 20.80
Pre-Provision Earnings per Share($) 0.81 1.01 0.74 0.70 0.65
Comprehensive Income
Net Income 5,041 4,282 3,546 3,580 3,224
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income NA 410 34 (273) (238)
Comprehensive Income NA 4,692 3,580 3,307 2,986
Interest Income Earned On:
Interest Earned on Loans 16,142 18,885 16,827 16,041 15,346
Int Inc: Securities NA 2,507 701 623 778
Int Inc: Other Earn Assets NA 197 151 36 61
Int Inc: Secs & Oth Earn Assets 3,742 2,704 852 659 839
Int Inc: Total Earn Assets 19,884 21,589 17,679 16,700 16,185
Interest Expense Incurred On:
Int Exp: CDs NA 1,104 686 593 860
Int Exp: Other Deposits NA 1,487 533 172 144
Int Exp: Total Deposits NA 2,591 1,219 765 1,004
Int Exp: Debt NA 587 545 1,019 1,279
Int Exp: Total Int-bearing Liab 4,402 3,178 1,764 1,784 2,283
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.