Financial Highlights

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 33,195 39,479 32,480 29,051 25,927
Interest Expense 6,965 6,212 4,094 3,198 2,584
Net Interest Income 26,230 33,267 28,386 25,853 23,343
FTE Net Interest Income 26,360 33,425 28,701 26,198 23,719
Provision for Loan Losses 500 600 400 750 1,100
Trading Account Income 394 146 NA NA 122
Foreign Exchange Income 0 0 0 0 0
Trust Revenue 2,292 2,871 2,777 2,628 2,606
Service Charges on Deposits 2,049 2,670 2,671 2,705 2,779
Gain on Sale of Loans (FAS 140) 6,370 8,100 8,404 9,151 7,211
Loan Fees & Charges (623) 1,480 NA NA NA
Bank-owned Life Insurance Revenue 303 355 NA 288 289
Insurance Revenue 727 0 NA NA 18
Investment Banking & Brokerage 51 116 NA NA 136
Other Noninterest Income 288 816 3,246 2,855 2,546
Total Noninterest Income 11,851 16,554 17,098 17,627 15,707
Realized Gain on Securities 206 70 119 262 0
Nonrecurring Revenue 0 0 0 0 0
Compensation & Benefits 16,510 21,532 19,443 17,966 15,460
Occupancy & Equipment 3,992 5,286 5,020 4,763 4,166
Marketing and Promotion Expense 724 884 734 647 594
Professional Fees 1,837 1,848 1,774 1,426 1,663
Tech & Communications Expense 1,775 2,306 2,020 1,793 1,447
Amrt of Intang & Goodwill Impair 6 10 11 13 200
Foreclosure & Repo NA NA NA NA NA
Other Expense 2,390 2,781 2,576 3,483 3,397
Total Noninterest Expense 27,234 34,647 31,578 30,091 26,927
Nonrecurring Expense 0 200 0 0 0
Pre-Provision Net Revenue 10,977 15,332 14,221 13,734 12,499
Non-FTE Pre-Provision Net Revenue 10,847 15,174 13,906 13,389 12,123
Net Income before Taxes 10,553 14,444 13,625 12,901 11,023
Provision for Taxes 1,938 2,806 2,560 4,117 3,404
Effective Tax Rate(%) 18.36 19.43 18.79 31.91 30.88
Min Int & Oth after-tax Items 0 0 0 0 0
Extraordinary Items 0 0 0 0 0
Net Income 8,615 11,638 11,065 8,784 7,619
Net Income Attributable to Noncontrolling Int 0 0 0 0 0
Net Income Attributable to Parent 8,615 11,638 11,065 8,784 7,619
Preferred Dividends 720 975 975 975 956
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 7,895 10,663 10,090 7,809 6,663
Net Income for Diluted EPS 8,615 11,638 11,065 8,784 7,619
EPS after Extra($) 1.08 1.51 1.48 1.38 1.19
EPS after Extra Growth(%) (5.30) 2 7.20 16 11.20
Pre-Provision Earnings per Share($) 1.07 1.56 1.21 1.37 1.23
Comprehensive Income
Net Income 8,615 11,638 11,065 8,784 7,619
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0 0
Total Other Comprehensive Income 1,452 (411) (169) (599) (268)
Comprehensive Income 10,067 11,227 10,896 8,185 7,351
Interest Income Earned On:
Interest Earned on Loans NA NA 29,921 26,960 23,745
Int Inc: Securities NA NA 2,874 2,436 2,558
Int Inc: Other Earn Assets 0 0 0 0 0
Int Inc: Secs & Oth Earn Assets NA NA 2,874 2,436 2,558
Int Inc: Total Earn Assets 33,325 39,637 32,795 29,396 26,303
Interest Expense Incurred On:
Int Exp: CDs 4,036 3,560 2,661 2,054 1,633
Int Exp: Other Deposits 2,232 1,754 795 524 346
Int Exp: Total Deposits 6,268 5,314 3,456 2,578 1,979
Int Exp: Debt 697 898 638 620 605
Int Exp: Total Int-bearing Liab 6,965 6,212 4,094 3,198 2,584
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.