Text Size

Income Statement

Entire IR Site Press Releases Only Filings Only
Excel downloadEmail pagePDF viewPrint viewRSS FeedsEmail AlertMobile IR siteSocial media sharing
 2013 Y2014 Y2015 Y2016 Y2017 Q3 YTD
Source Document12/31/201512/31/201612/31/201612/31/20169/30/2017
(in thousands)     
Interest income 
Interest and fees on taxable loans 31,98634,53037,24140,82735,727
Interest and fees on tax-exempt loans 349339540960791
Interest and dividends on taxable investment securities 4,4355,0536,79211,26414,163
Interest and dividends on tax-exempt investment securities 250364585703447
Interest on federal funds sold and other interest-earning assets 185187278473312
Total interest income 37,20540,47345,43654,22751,440
Interest expense 
Demand- interest bearing 8258881,4012,0882,075
Money market and savings 1,7861,9292,1702,6392,218
Time deposits 867719695942903
Other borrowings 1,1121,1081,1151,1941,046
Total interest expense 4,5904,6445,3816,8636,242
Net interest income 32,61535,82940,05547,36445,198
Provision for loan losses 4,9359005001,557500
Net interest income after provision for loan losses 27,68034,92939,55545,80744,698
Non-interest income 
Loan and servicing fees 1,6151,4522,2261,6271,330
Mortgage banking income NA005,0628,551
Gain on sales of SBA loans 5,3384,7173,1394,9812,315
Service fees on deposit accounts 1,0461,2241,7202,6582,820
Legal settlements 23802,5500NA
Gain (loss) on sale of investment securities 703458108656(61)
Other-than-temporary impairment 0NANANANA
Portion recognized in other comprehensive income (before taxes) 0NANANANA
Net securities impairment recognized in earnings 0(7)(3)(7)0
Bank owned life insurance income 13NANANANA
Other non-interest income 263173203335130
Total non-interest income 9,2168,0179,94315,31215,085
Non-interest expenses 
Salaries and employee benefits 17,06420,08922,48828,60227,800
Occupancy 3,6354,2474,9296,1095,239
Depreciation and amortization 2,1052,3823,0803,5183,588
Legal 1,8781,290915459535
Other real estate owned 3,1791,7944,2392,1821,704
Advertising 447597627811861
Data processing 1,0001,3451,5932,4082,335
Insurance 625586720962750
Professional fees 1,4201,4681,2681,5801,389
Regulatory assessments and costs 1,2571,0651,2481,4131,008
Taxes, other 557616689366716
Legal settlements 1,875NANANANA
Other operating expenses 5,3695,0715,2957,8837,729
Total non-interest expense 40,41140,55047,09156,29353,654
Income before benefit for income taxes (3,515)2,3962,4074,8266,129
Provision (benefit) for income taxes (35)(46)(26)(119)(38)
Net income (3,480)2,4422,4334,9456,167
Net income per share 
Basic (0.13)
Diluted (0.13)
Consolidated Statements of Comprehensive Income 
Net income (3,480)2,4422,4334,9456,167
Other comprehensive income (loss), net of tax 
Unrealized gain (loss) on securities (3,398)3,199(2,577)(3,853)1,676
Reclassification adjustment for securities losses/(gains) (450)(293)(69)(420)39
Reclassification adjustment for impairment charge 04240
Net unrealized gains (losses) on securities (3,848)2,910(2,644)(4,269)1,715
Net unrealized holding losses on securities transferred from available-for-sale to held-to-maturity 
Net unrealized holding losses on securities transferred from available-for-sale to held-to-maturity 0(790)00NA
Amortization of net unrealized holding losses to income during the period 07611114083
Total other comprehensive income (loss) (3,848)2,196(2,533)(4,129)1,798
Total comprehensive income (7,328)4,638(100)8167,965

Data shown on this page is extracted directly from the company’s documents. SNL 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, SNL, as always, stands by its commitment to the quality of the data.

Copyright 2017, © S&P Global Market Intelligence  Terms of Use