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 17,818 68,990 57,890 49,318 42,361
Interest Expense 4,991 20,322 14,190 8,793 6,255
Net Interest Income 12,827 48,668 43,700 40,525 36,106
FTE Net Interest Income NA NA NA NA NA
Provision for Loan Losses 419 1,170 1,069 1,380 3,810
Service Charges on Deposits 134 556 508 383 401
Gain on Sale of Loans (FAS 140) 0 0 0 0 0
Loan Fees & Charges NA NA NA NA NA
Bank-owned Life Insurance Revenue 119 501 525 553 540
Other Noninterest Income (49) 184 198 158 81
Total Noninterest Income 232 1,281 1,231 1,094 1,022
Realized Gain on Securities 12 54 (17) 134 2
Nonrecurring Revenue 0 0 0 1 0
Compensation & Benefits 4,486 18,012 18,327 14,820 12,548
Occupancy & Equipment 856 3,599 3,337 3,026 2,906
Marketing and Promotion Expense NA 393 599 524 460
Professional Fees NA 713 768 620 532
Tech & Communications Expense NA 1,677 1,492 1,304 1,435
Foreclosure & Repo NA NA (18) 20 1
Other Expense 1,798 4,307 3,994 3,812 3,096
Total Noninterest Expense 7,140 28,701 28,499 24,126 20,978
Nonrecurring Expense 0 0 0 0 0
Pre-Provision Net Revenue 5,919 21,248 16,432 17,493 16,150
Non-FTE Pre-Provision Net Revenue 5,919 21,248 16,432 17,493 16,150
Net Income before Taxes 5,512 20,132 15,346 16,248 12,342
Provision for Taxes 1,011 4,211 3,172 7,264 4,041
Effective Tax Rate(%) 18.34 20.92 20.67 44.71 32.74
Extraordinary Items 0 0 0 0 0
Net Income 4,501 15,921 12,174 8,984 8,301
Other Changes to Net Income NA (67) (73) (56) 0
Net Income Avail to Common 4,501 15,854 12,101 8,928 8,301
Net Income for Diluted EPS NA 15,857 12,105 8,931 8,301
EPS after Extra($) 0.33 1.17 0.89 0.66 0.63
EPS after Extra Growth(%) 22.20 31.50 34.80 4.40 (7.10)
Pre-Provision Earnings per Share($) 0.34 1.23 0.95 0.84 0.80
Comprehensive Income
Net Income 4,501 15,921 12,174 8,984 8,301
Total Other Comprehensive Income 2,829 1,743 (284) (102) (210)
Comprehensive Income 7,330 17,664 11,890 8,882 8,091
Interest Income Earned On:
Interest Earned on Loans 16,625 63,920 53,716 46,667 40,250
Int Inc: Securities 893 3,087 2,557 2,131 1,943
Int Inc: Other Earn Assets 300 1,983 1,617 520 168
Int Inc: Secs & Oth Earn Assets 1,193 5,070 4,174 2,651 2,111
Int Inc: Total Earn Assets 17,818 68,990 57,890 49,318 42,361
Interest Expense Incurred On:
Int Exp: CDs 3,110 11,718 8,159 5,373 4,229
Int Exp: Other Deposits 1,348 6,099 3,148 1,379 1,182
Int Exp: Total Deposits 4,458 17,817 11,307 6,752 5,411
Int Exp: Debt 533 2,505 2,883 2,041 844
Int Exp: Total Int-bearing Liab 4,991 20,322 14,190 8,793 6,255
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.