Income Statement

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 2,043 2,505 2,646 10,802
Interest Expense 467 645 800 3,448
Net Interest Income 1,576 1,860 1,846 7,354
FTE Net Interest Income 1,576 1,860 1,846 7,354
Provision for Loan Losses (20) 41 132 189
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue NA NA NA NA
Service Charges on Deposits 19 24 23 90
Gain on Sale of Loans (FAS 140) 0 0 0 0
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 22 30 23 160
Insurance Revenue NA NA NA NA
Investment Banking & Brokerage NA NA NA NA
Other Noninterest Income 2 6 3 13
Total Noninterest Income 43 60 49 263
Realized Gain on Securities 464 106 133 493
Nonrecurring Revenue 0 0 0 0
Compensation & Benefits 807 811 870 3,406
Occupancy & Equipment 81 92 100 396
Marketing and Promotion Expense 45 49 58 214
Professional Fees 125 137 137 583
Tech & Communications Expense 95 106 96 432
Amrt of Intang & Goodwill Impair 0 0 0 0
Foreclosure & Repo 0 NA NA NA
Other Expense 87 127 136 515
Total Noninterest Expense 1,240 1,322 1,397 5,546
Nonrecurring Expense 0 0 0 0
Pre-Provision Net Revenue 379 598 498 2,071
Non-FTE Pre-Provision Net Revenue 379 598 498 2,071
Net Income before Taxes 863 663 499 2,375
Provision for Taxes 337 180 123 605
Effective Tax Rate(%) 39.05 27.15 24.65 25.47
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 526 483 376 1,770
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 526 483 376 1,770
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 526 483 376 1,770
Net Income for Diluted EPS 526 483 376 1,770
EPS after Extra($) 0.22 0.20 0.16 0.74
EPS after Extra Growth(%) 175 (9.10) (11.10) (2.60)
Pre-Provision Earnings per Share($) 0.10 0.20 0.17 0.68
Comprehensive Income
Net Income 526 483 376 1,770
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income (90) (267) (121) (597)
Comprehensive Income 436 216 255 1,173
Interest Income Earned On:
Interest Earned on Loans 1,876 2,314 2,422 9,875
Int Inc: Securities 146 138 153 614
Int Inc: Other Earn Assets 21 53 71 313
Int Inc: Secs & Oth Earn Assets 167 191 224 927
Int Inc: Total Earn Assets 2,043 2,505 2,646 10,802
Interest Expense Incurred On:
Int Exp: CDs 369 438 524 2,293
Int Exp: Other Deposits 54 73 75 442
Int Exp: Total Deposits 423 511 599 2,735
Int Exp: Debt 44 134 201 713
Int Exp: Total Int-bearing Liab 467 645 800 3,448
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.