Income Statement

Financial Highlights
12/31/2016
3/31/2017
12/31/2017
3/31/2018
NA NA NA NA
Interest Income 16,635 4,184 17,651 4,625
Interest Expense 1,784 438 1,764 523
Net Interest Income 14,851 3,746 15,887 4,102
FTE Net Interest Income 14,916 NA 15,915 NA
Provision for Loan Losses 301 25 100 57
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 0 0 0 0
Service Charges on Deposits 2,594 597 2,502 631
Gain on Sale of Loans (FAS 140) 97 15 98 14
Loan Fees & Charges NA NA 13 3
Bank-owned Life Insurance Revenue 463 NA 471 109
Insurance Revenue NA NA 5 1
Investment Banking & Brokerage NA NA 199 53
Other Noninterest Income 315 220 164 69
Total Noninterest Income 3,469 832 3,452 880
Realized Gain on Securities 0 0 0 0
Nonrecurring Revenue 212 0 0 0
Compensation & Benefits 7,021 1,768 7,210 1,832
Occupancy & Equipment 1,897 523 2,071 540
Marketing and Promotion Expense 324 109 426 137
Professional Fees 720 201 825 192
Tech & Communications Expense NA NA 502 147
Amrt of Intang & Goodwill Impair 0 0 0 0
Foreclosure & Repo NA NA NA NA
Other Expense 2,901 733 2,615 731
Total Noninterest Expense 12,863 3,334 13,649 3,579
Nonrecurring Expense 208 0 0 0
Pre-Provision Net Revenue 5,522 1,244 5,718 1,403
Non-FTE Pre-Provision Net Revenue 5,457 1,244 5,690 1,403
Net Income before Taxes 5,160 1,219 5,590 1,346
Provision for Taxes 1,580 369 2,044 198
Effective Tax Rate(%) 30.62 30.27 36.57 14.71
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 3,580 850 3,546 1,148
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 3,580 850 3,546 1,148
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (31) (9) (31) (26)
Net Income Avail to Common 3,549 841 3,515 1,122
Net Income for Diluted EPS 3,549 841 3,515 1,122
EPS after Extra($) 0.71 0.17 0.71 0.22
EPS after Extra Growth(%) 10.90 0 0 29.40
Pre-Provision Earnings per Share($) 0.70 0.16 0.74 0.21
Comprehensive Income
Net Income 3,580 850 3,546 1,148
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (273) 155 34 (170)
Comprehensive Income 3,307 1,005 3,580 978
Interest Income Earned On:
Interest Earned on Loans 16,041 4,017 16,827 4,331
Int Inc: Securities 623 156 701 267
Int Inc: Other Earn Assets 36 11 151 27
Int Inc: Secs & Oth Earn Assets 659 167 852 294
Int Inc: Total Earn Assets 16,700 4,184 17,679 4,625
Interest Expense Incurred On:
Int Exp: CDs 593 148 686 205
Int Exp: Other Deposits 172 81 533 252
Int Exp: Total Deposits 765 229 1,219 457
Int Exp: Debt 1,019 209 545 66
Int Exp: Total Int-bearing Liab 1,784 438 1,764 523
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.