Allegiance Bancshares, Inc. ABTX Income Statement

Allegiance bancshares, inc. (ABTX)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Sep'14
INTEREST INCOME:
Loans, including fees
54,624	55,368	55,790	56,016	54,189	53,272	32,988	31,846	30,117	29,747	28,588	26,736	25,260	24,232	24,057	22,839	22,228	22,431	21,627	21,079	20,306	13,011
Securities:
Taxable
2,087	2,066	2,090	1,837	982	844	636	646	599	563	547	503	498	478	607	452	270	237	252	337	296	332
Tax-exempt
546	469	483	692	1,290	1,445	1,447	1,451	1,459	1,545	1,574	1,591	1,624	1,642	1,505	1,086	811	752	723	384	143	140
Deposits in other financial institutions
195	244	302	401	688	742	265	250	216	183	192	157	130	129	150	150	142	72	43	50	74	70
Total interest income
57,452	58,147	58,665	58,946	57,149	56,303	35,336	34,193	32,391	32,038	30,901	28,987	27,512	26,481	26,319	24,527	23,451	23,492	22,645	21,850	20,819	13,553
INTEREST EXPENSE:
Demand, money market and savings deposits
4,364	5,091	4,975	4,513	3,728	3,367	1,248	887	976	992	811	702	654	673	651	569	544	418	545	525	513	307
Certificates and other time deposits
6,084	6,483	6,909	7,008	6,256	5,358	4,051	3,284	2,785	2,521	2,299	2,283	1,957	1,947	1,872	1,665	1,560	1,631	1,287	1,211	1,143	1,026
Borrowed funds
506	547	1,183	1,118	1,827	1,008	1,272	1,472	1,036	854	654	761	653	450	264	224	7	98	245	216	230	76
Subordinated debt
1,473	1,500	761	736	735	732	729	734	705	235	140	134	120	128	123	120	117	139	114	162	163	-
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	139	-	47	2	0	-
Total interest expense
12,427	13,621	13,828	13,375	12,546	10,465	7,300	6,377	5,502	4,602	3,904	3,880	3,384	3,059	2,910	2,578	2,367	2,237	2,238	2,116	2,049	1,409
NET INTEREST INCOME
45,025	44,526	44,837	45,571	44,603	45,838	28,036	27,816	26,889	27,436	26,997	25,107	24,128	23,422	23,409	21,949	21,084	21,255	20,407	19,734	18,770	12,144
Provision for loan losses
10,990	933	2,597	1,407	1,002	2,964	0	631	653	1,930	6,908	3,007	1,343	900	2,214	1,645	710	2,159	1,530	1,420	683	750
Net interest income after provision for loan losses
34,035	43,593	42,240	44,164	43,601	42,874	28,036	27,185	26,236	25,506	20,089	22,100	22,785	22,522	21,195	20,304	20,374	19,096	18,877	18,314	18,087	11,394
NONINTEREST INCOME:
Gain on sale of branch assets
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2,050	0	0	0	0	-
Gain on sale of securities
194	-	-	846	-	-	-	-	-	-	-12	-	-	-	0	-	-	-	-	-	-	-
(Loss) gain on sale of other real estate and other repossessed assets
-69	-45	0	70	1	-	-	1	-	-	-	0	-	-	60	-	-	0	1	0	-6	-
Gain on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	235	-	-	-
Bank owned life insurance income
151	157	153	155	159	163	137	138	141	145	146	146	148	153	154	153	166	171	167	174	92	-
Rebate from correspondent bank
493	900	900	884	896	988	613	564	444	388	370	336	233	-	-	-	-	-	-	-	-	-
Other
1,330	1,183	1,289	1,386	1,746	1,059	826	782	662	677	608	606	566	84	703	741	780	233	456	429	440	362
Total noninterest income
2,725	3,400	2,889	3,845	3,289	2,334	1,928	1,805	1,646	1,583	1,460	1,477	1,341	1,478	1,274	1,212	3,304	978	1,201	947	866	605
NONINTEREST EXPENSE:
Salaries and employee benefits
19,781	18,273	20,221	19,415	19,684	18,167	12,965	12,778	12,794	12,188	11,580	10,415	10,562	10,627	9,781	9,177	9,273	8,905	8,996	8,481	8,942	4,994
Net occupancy and equipment
1,907	2,020	1,973	2,088	2,098	1,959	1,281	1,333	1,272	1,398	1,325	1,302	1,427	1,238	1,260	1,214	1,232	1,179	1,289	1,274	1,084	888
Depreciation
866	861	822	756	753	802	490	433	407	412	427	398	400	391	404	415	417	424	414	409	367	286
Data processing and software amortization
1,826	2,094	2,058	1,735	1,577	1,485	1,226	1,356	1,053	1,850	783	719	695	703	655	622	653	750	841	827	626	397
Professional fees
573	540	667	527	599	670	303	567	469	222	822	987	895	857	442	401	534	451	343	397	480	973
Regulatory assessments and FDIC insurance
632	216	-41	802	728	776	505	494	534	533	582	569	589	485	396	355	345	356	296	320	374	214
Core deposit intangibles amortization
990	1,177	1,178	1,178	1,178	1,229	195	196	195	195	195	196	195	195	196	195	199	208	207	207	208	74
Communications
417	486	455	468	430	416	262	259	248	252	251	233	247	237	264	274	280	298	300	358	334	154
Advertising
521	597	449	617	704	704	351	340	330	436	302	288	263	319	228	197	201	271	188	184	138	116
Acquisition and merger-related expenses
-	0	0	153	1,173	-	196	625	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
4,888	3,167	2,227	2,341	2,191	1,998	1,390	1,479	1,415	1,790	1,409	1,354	1,276	1,135	1,269	1,073	1,119	1,054	1,027	965	1,033	656
Total noninterest expense
32,401	29,431	30,009	30,080	31,115	29,046	19,164	19,860	18,717	19,276	17,676	16,461	16,549	16,187	14,895	13,923	14,253	13,896	13,901	13,422	13,586	8,752
INCOME BEFORE INCOME TAXES
4,359	17,562	15,120	17,929	15,775	16,162	10,800	9,130	9,165	7,813	3,873	7,116	7,577	7,813	7,574	7,593	9,425	6,178	6,177	5,839	5,367	3,247
Provision for income taxes
843	3,576	3,073	3,681	3,097	2,999	1,921	1,574	1,454	4,630	887	1,700	1,530	2,042	2,103	2,339	3,070	1,966	1,957	1,956	1,896	1,226
NET INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,212	4,220	3,883	3,471	2,021
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	173	260	126	-
NET INCOME
3,516	13,986	12,047	14,248	12,678	13,163	8,879	7,556	7,711	3,204	2,986	5,395	6,047	5,771	5,471	5,254	6,355	4,212	4,047	3,623	3,345	2,021
EARNINGS PER SHARE:
Basic
0.17	0.68	0.57	0.67	0.58	0.60	0.66	0.57	0.58	0.24	0.23	0.41	0.46	0.46	0.42	0.41	0.49	0.33	0.41	0.37	0.34	0.29
Diluted
0.17	0.66	0.57	0.66	0.58	0.60	0.65	0.55	0.57	0.24	0.22	0.40	0.45	0.44	0.42	0.40	0.49	0.34	0.40	0.36	0.33	0.28
DIVIDENDS PER SHARE
0.10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit Account, Nonsufficient Funds Fee
Revenue from contract with customer
169	189	168	139	162	190	175	214	176	158	144	184	199	178	175	145	163	191	179	168	165	118
Deposit Account, Service Charge Fee
Revenue from contract with customer
457	403	379	365	325	363	177	106	223	179	204	205	195	177	182	173	145	166	163	176	175	125