Income Statement

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
9/30/2018
Interest Income 8,175 9,704 10,198 40,030
Interest Expense 2,184 3,136 3,222 12,995
Net Interest Income 5,991 6,568 6,976 27,035
FTE Net Interest Income 6,043 6,597 7,021 27,183
Provision for Loan Losses 997 240 589 954
Trading Account Income 0 0 0 0
Foreign Exchange Income NA NA NA NA
Trust Revenue 0 0 0 0
Service Charges on Deposits 274 237 530 1,268
Gain on Sale of Loans (FAS 140) 30 26 3 102
Loan Fees & Charges 37 NA NA NA
Bank-owned Life Insurance Revenue 125 119 119 480
Insurance Revenue 0 0 0 0
Investment Banking & Brokerage 0 0 0 0
Other Noninterest Income 18 67 63 268
Total Noninterest Income 484 449 715 2,118
Realized Gain on Securities 58 0 0 0
Nonrecurring Revenue 0 0 0 1,186
Compensation & Benefits 1,804 2,001 2,024 8,193
Occupancy & Equipment 514 586 577 2,295
Marketing and Promotion Expense 73 38 30 152
Professional Fees 399 450 1,088 2,891
Tech & Communications Expense 301 267 274 1,098
Amrt of Intang & Goodwill Impair 0 0 0 0
Foreclosure & Repo 0 0 0 0
Other Expense 687 763 797 3,174
Total Noninterest Expense 3,778 4,105 4,790 17,803
Nonrecurring Expense 0 0 0 0
Pre-Provision Net Revenue 2,749 2,941 2,946 11,498
Non-FTE Pre-Provision Net Revenue 2,697 2,912 2,901 11,350
Net Income before Taxes 1,758 2,672 2,312 11,582
Provision for Taxes 588 654 69 4,276
Effective Tax Rate(%) 33.45 24.48 2.98 36.92
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 1,170 2,018 2,243 7,306
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 1,170 2,018 2,243 7,306
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 1,170 2,018 2,243 7,306
Net Income for Diluted EPS 1,170 2,018 2,243 7,306
EPS after Extra($) 0.18 0.31 0.35 1.13
EPS after Extra Growth(%) (10) 72.20 29.60 25.60
Pre-Provision Earnings per Share($) 0.27 0.35 0.36 1.39
Comprehensive Income
Net Income 1,170 2,018 2,243 7,306
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 243 37 232 489
Comprehensive Income 1,413 2,055 2,475 7,795
Interest Income Earned On:
Interest Earned on Loans 7,369 8,750 9,413 36,955
Int Inc: Securities 743 520 503 1,867
Int Inc: Other Earn Assets 115 463 327 1,356
Int Inc: Secs & Oth Earn Assets 858 983 830 3,223
Int Inc: Total Earn Assets 8,227 9,733 10,243 40,178
Interest Expense Incurred On:
Int Exp: CDs 924 1,025 1,022 4,152
Int Exp: Other Deposits 500 1,157 1,282 5,048
Int Exp: Total Deposits 1,424 2,182 2,304 9,200
Int Exp: Debt 760 954 918 3,795
Int Exp: Total Int-bearing Liab 2,184 3,136 3,222 12,995
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.