Income Statement

Financial Highlights
3/31/2017
12/31/2017
3/31/2018
6/30/2018
Interest Income 4,184 17,651 4,625 5,107
Interest Expense 438 1,764 523 707
Net Interest Income 3,746 15,887 4,102 4,400
FTE Net Interest Income NA 15,915 NA NA
Provision for Loan Losses 25 100 57 72
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 2,502 631 650
Gain on Sale of Loans (FAS 140) 15 98 14 23
Loan Fees & Charges NA 13 3 3
Bank-owned Life Insurance Revenue NA 471 109 72
Insurance Revenue NA 5 1 (1)
Investment Banking & Brokerage NA 199 53 51
Other Noninterest Income 220 164 69 90
Total Noninterest Income 832 3,452 880 888
Realized Gain on Securities 0 0 0 0
Nonrecurring Revenue 0 0 0 0
Compensation & Benefits 1,768 7,210 1,832 1,876
Occupancy & Equipment 523 2,071 540 547
Marketing and Promotion Expense 109 426 137 125
Professional Fees 201 825 192 297
Tech & Communications Expense NA 502 147 NA
Amrt of Intang & Goodwill Impair 0 0 0 0
Foreclosure & Repo NA NA NA NA
Other Expense 733 2,615 731 786
Total Noninterest Expense 3,334 13,649 3,579 3,631
Nonrecurring Expense 0 0 0 123
Pre-Provision Net Revenue 1,244 5,718 1,403 1,657
Non-FTE Pre-Provision Net Revenue 1,244 5,690 1,403 1,657
Net Income before Taxes 1,219 5,590 1,346 1,462
Provision for Taxes 369 2,044 198 250
Effective Tax Rate(%) 30.27 36.57 14.71 17.10
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 850 3,546 1,148 1,212
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 850 3,546 1,148 1,212
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income (9) (31) (26) (27)
Net Income Avail to Common 841 3,515 1,122 1,185
Net Income for Diluted EPS 841 3,515 1,122 1,185
EPS after Extra($) 0.17 0.71 0.22 0.22
EPS after Extra Growth(%) 0 0 29.40 22.20
Pre-Provision Earnings per Share($) 0.16 0.74 0.21 0.24
Comprehensive Income
Net Income 850 3,546 1,148 1,212
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 155 34 (170) 79
Comprehensive Income 1,005 3,580 978 1,291
Interest Income Earned On:
Interest Earned on Loans 4,017 16,827 4,331 4,562
Int Inc: Securities 156 701 267 521
Int Inc: Other Earn Assets 11 151 27 24
Int Inc: Secs & Oth Earn Assets 167 852 294 545
Int Inc: Total Earn Assets 4,184 17,679 4,625 5,107
Interest Expense Incurred On:
Int Exp: CDs 148 686 205 222
Int Exp: Other Deposits 81 533 252 311
Int Exp: Total Deposits 229 1,219 457 533
Int Exp: Debt 209 545 66 174
Int Exp: Total Int-bearing Liab 438 1,764 523 707
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.