Investor Relations

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 14,029 16,234 12,951 10,773 9,289
Interest Expense 2,603 2,307 1,181 830 717
Net Interest Income 11,426 13,927 11,770 9,943 8,572
FTE Net Interest Income NA NA NA NA NA
Provision for Loan Losses 585 591 256 424 433
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 213 333 322 250 152
Gain on Sale of Loans (FAS 140) 454 447 435 813 488
Loan Fees & Charges NA NA NA NA NA
Bank-owned Life Insurance Revenue 136 66 46 49 49
Insurance Revenue 0 0 0 0 NA
Investment Banking & Brokerage 0 0 0 0 NA
Other Noninterest Income 436 460 351 416 286
Total Noninterest Income 1,239 1,306 1,154 1,528 975
Realized Gain on Securities 7 0 (1) 102 95
Nonrecurring Revenue 0 0 0 0 0
Compensation & Benefits 4,711 5,106 4,236 4,131 3,523
Occupancy & Equipment 906 932 947 907 799
Marketing and Promotion Expense 565 677 574 487 425
Professional Fees 262 374 320 346 375
Tech & Communications Expense NA NA NA 102 196
Amrt of Intang & Goodwill Impair 0 0 0 0 0
Foreclosure & Repo 0 0 0 0 0
Other Expense 2,044 2,291 2,038 1,739 1,343
Total Noninterest Expense 8,488 9,380 8,115 7,712 6,661
Nonrecurring Expense 169 0 0 0 0
Pre-Provision Net Revenue 4,177 5,853 4,809 3,759 2,886
Non-FTE Pre-Provision Net Revenue 4,177 5,853 4,809 3,759 2,886
Net Income before Taxes 3,430 5,262 4,552 3,437 2,548
Provision for Taxes 835 1,220 1,735 1,217 844
Effective Tax Rate(%) 24.34 23.19 38.12 35.41 33.12
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 2,595 4,042 2,817 2,220 1,704
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 2,595 4,042 2,817 2,220 1,704
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income 0 0 0 0 0
Net Income Avail to Common 2,595 4,042 2,817 2,220 1,704
Net Income for Diluted EPS 2,595 4,042 2,817 2,220 1,704
EPS after Extra($) 0.83 1.29 1.04 1.11 0.87
EPS after Extra Growth(%) (6.70) 24 (6.30) 27.60 50
Pre-Provision Earnings per Share($) 1.06 1.48 1.15 1.22 0.96
Comprehensive Income
Net Income 2,595 4,042 2,817 2,220 1,704
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 931 (260) (63) (289) 2
Comprehensive Income 3,526 3,782 2,754 1,931 1,706
Interest Income Earned On:
Interest Earned on Loans 11,951 14,469 11,589 9,956 8,359
Int Inc: Securities 967 1,131 983 700 883
Int Inc: Other Earn Assets 1,111 634 379 117 47
Int Inc: Secs & Oth Earn Assets 2,078 1,765 1,362 817 930
Int Inc: Total Earn Assets 14,029 16,234 12,951 10,773 9,289
Interest Expense Incurred On:
Int Exp: CDs 770 483 153 105 122
Int Exp: Other Deposits 1,828 1,824 1,028 724 575
Int Exp: Total Deposits 2,598 2,307 1,181 829 697
Int Exp: Debt 5 0 0 1 20
Int Exp: Total Int-bearing Liab 2,603 2,307 1,181 830 717
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.
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