Income Statement

Financial Highlights
2020 FQ1 YTD
3/31/2020
2019 FY
12/31/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
Interest Income 3,632 15,080 15,020 14,094 13,613
Interest Expense 870 3,571 3,136 2,174 1,914
Net Interest Income 2,762 11,509 11,884 11,919 11,700
FTE Net Interest Income NA NA NA NA NA
Provision for Loan Losses 1,122 1,295 1,948 2,021 1,861
Trading Account Income 0 0 0 0 0
Foreign Exchange Income NA NA NA NA NA
Trust Revenue 0 0 0 0 0
Service Charges on Deposits 127 585 712 702 653
Gain on Sale of Loans (FAS 140) 64 164 311 371 739
Loan Fees & Charges (28) (76) 117 81 148
Bank-owned Life Insurance Revenue 37 267 176 177 164
Insurance Revenue 0 0 0 0 0
Investment Banking & Brokerage 0 0 0 0 0
Other Noninterest Income 160 385 489 (336) 113
Total Noninterest Income 360 1,325 1,805 994 1,817
Realized Gain on Securities 0 9 0 0 135
Nonrecurring Revenue 0 98 0 0 0
Compensation & Benefits 1,444 5,710 5,603 5,222 5,021
Occupancy & Equipment 183 NA 839 584 573
Marketing and Promotion Expense NA 230 272 291 265
Professional Fees NA 1,226 596 727 425
Tech & Communications Expense NA NA 976 957 779
Amrt of Intang & Goodwill Impair 0 0 0 0 0
Foreclosure & Repo NA NA NA NA NA
Other Expense 1,089 3,577 1,752 2,155 1,844
Total Noninterest Expense 2,716 10,743 10,038 9,935 8,907
Nonrecurring Expense 0 0 0 0 87
Pre-Provision Net Revenue 406 2,091 3,651 2,978 4,610
Non-FTE Pre-Provision Net Revenue 406 2,091 3,651 2,978 4,610
Net Income before Taxes (716) 903 1,703 957 2,797
Provision for Taxes (186) 176 320 379 950
Effective Tax Rate(%) NM 19.49 18.79 39.60 33.96
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income (530) 727 1,383 578 1,847
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent (530) 727 1,383 578 1,847
Preferred Dividends 0 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0 0
Other Changes to Net Income NA NA (7) (10) (51)
Net Income Avail to Common (530) 727 1,376 568 1,796
Net Income for Diluted EPS NA NA 1,376 568 1,796
EPS after Extra($) NA 0.70 1.34 0.56 1.79
EPS after Extra Growth(%) NA (47.80) 139.30 (68.70) 14
Pre-Provision Earnings per Share($) NA 1.59 2.80 1.90 2.94
Comprehensive Income
Net Income (530) 727 1,383 578 1,847
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 166 507 (230) 57 (187)
Comprehensive Income (364) 1,234 1,153 635 1,660
Interest Income Earned On:
Interest Earned on Loans 3,514 NA 14,289 13,569 13,104
Int Inc: Securities 64 NA 434 390 435
Int Inc: Other Earn Assets 54 NA 296 134 74
Int Inc: Secs & Oth Earn Assets 118 NA 730 524 509
Int Inc: Total Earn Assets 3,632 15,080 15,019 14,093 13,613
Interest Expense Incurred On:
Int Exp: CDs 544 2,187 1,851 1,351 1,265
Int Exp: Other Deposits 87 398 339 309 221
Int Exp: Total Deposits 631 2,582 2,190 1,660 1,486
Int Exp: Debt 239 988 946 514 427
Int Exp: Total Int-bearing Liab 870 3,571 3,136 2,174 1,913
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.