AMERICAN NATIONAL BANKSHARES INC. AMNB Income Statement

American national bankshares inc. (AMNB)

Income statement / TTM

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	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest and Dividend Income:
Interest and fees on loans
88,367	82,684	76,218	68,810	60,947	59,966	58,911	58,243	57,229	55,276	53,032	50,670	48,560	47,971	47,638	47,080	47,205	46,860	44,870	43,260	41,180	39,257	40,362	41,598	43,269	44,817	45,818	46,139	47,464	49,189	52,105	53,194	47,129	40,688	32,801	27,362	0	0	0
Interest on federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	6	5	4	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and dividends on securities:
Taxable
7,898	7,682	7,365	7,043	6,603	6,106	5,703	5,243	4,836	4,666	4,503	4,507	4,524	4,454	4,397	4,337	4,181	4,072	3,946	3,812	3,786	3,775	3,806	3,733	3,616	3,530	3,488	3,638	3,843	4,044	4,279	4,476	4,505	4,595	4,699	4,782	0	0	0
Tax-exempt
602	777	958	1,186	1,370	1,502	1,643	1,741	1,827	2,043	2,332	2,639	2,947	3,135	3,289	3,421	3,544	3,681	3,753	3,820	3,896	3,971	4,077	4,167	4,196	4,213	4,215	4,218	4,250	4,280	4,307	4,262	4,012	3,646	3,178	2,718	0	0	0
Dividends
499	451	405	352	325	321	319	314	320	319	316	313	322	334	346	363	355	346	333	314	303	296	290	285	265	245	234	219	217	213	198	181	155	131	112	101	0	0	0
Other interest income
1,259	1,261	1,210	1,024	951	873	781	873	813	734	542	385	327	276	284	231	214	204	179	186	171	156	145	151	155	151	139	120	99	80	62	71	67	127	202	261	0	0	0
Total interest and dividend income
98,625	92,855	86,156	78,415	70,196	68,768	67,357	66,414	65,025	63,038	60,725	58,514	56,680	56,170	55,954	55,433	55,501	55,169	53,087	51,397	49,340	47,455	48,680	49,934	51,501	52,956	53,894	54,334	55,873	57,806	60,951	62,184	55,868	49,187	40,992	35,224	0	0	0
Interest Expense:
Interest on deposits
13,983	13,143	11,987	10,380	8,733	8,086	7,459	6,940	6,419	5,794	5,282	5,044	5,006	5,103	5,130	5,044	4,914	4,811	4,727	4,642	4,619	4,654	4,827	5,045	5,253	5,460	5,695	6,082	6,442	6,843	7,248	7,602	7,460	7,203	6,968	6,536	0	0	0
Interest on short-term borrowings
607	650	657	524	348	186	120	143	155	173	98	50	37	10	8	6	7	9	8	10	10	9	10	9	21	40	61	91	128	150	208	257	288	325	337	354	0	0	0
Interest on long-term borrowings
-	-	0	0	-	-	0	0	-	-	325	324	324	325	324	325	325	324	325	325	325	325	326	326	327	329	329	331	333	335	337	339	260	229	209	186	0	0	0
Interest on subordinated debt
0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on junior subordinated debt
1,554	1,554	1,562	1,555	1,496	1,402	1,280	1,164	1,079	1,028	990	940	909	878	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on junior subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	764	778	795	813	810	795	886	1,023	1,172	1,327	0	0	0
Total interest expense
16,647	15,728	14,465	12,595	10,577	9,674	8,912	8,382	7,869	7,291	6,695	6,358	6,276	6,316	6,302	6,184	6,030	5,904	5,811	5,722	5,696	5,730	5,905	6,126	6,351	6,583	6,849	7,282	7,698	8,141	8,603	8,993	8,894	8,780	8,686	8,403	0	0	0
Net Interest Income
81,978	77,127	71,691	65,820	59,619	59,094	58,445	58,032	57,156	55,747	54,030	52,156	50,404	49,854	49,652	49,249	49,471	49,265	47,276	45,675	43,644	41,725	42,775	43,808	45,150	46,373	47,045	47,052	48,175	49,665	52,348	53,191	46,974	40,407	32,306	26,821	0	0	0
Provision for loan losses
1,393	456	-12	-23	-43	-103	-171	292	672	1,016	1,140	800	500	250	450	350	400	950	950	950	1,000	400	150	150	0	294	628	961	1,694	2,133	3,771	3,963	3,566	3,170	1,633	1,393	0	0	0
Net Interest Income After Provision for Loan Losses
80,585	76,671	71,703	65,843	59,662	59,197	58,616	57,740	56,484	54,731	52,890	51,356	49,904	49,604	49,202	48,899	49,071	48,315	46,326	44,725	42,644	41,325	42,625	43,658	45,150	46,079	46,417	46,091	46,481	47,532	48,577	49,228	43,408	37,237	30,673	25,428	0	0	0
Noninterest Income:
Trust fees
-	-	3,734	3,756	-	3,783	3,973	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	2,747	2,569	-	2,455	2,431	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other fees and commissions
-	-	3,386	3,039	-	2,637	2,595	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage banking income
-	-	2,072	1,913	-	1,862	2,104	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities gains, net
1,098	607	305	183	325	123	393	741	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust fees
-	-	-	-	-	-	-	-	-	-	-	-	3,773	-	3,801	3,869	3,913	3,935	4,028	4,014	4,026	4,196	4,211	4,296	4,223	3,689	3,538	3,387	3,409	3,703	3,608	3,603	3,515	3,561	3,569	3,449	0	0	0
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	2,079	-	2,043	2,050	2,061	2,066	1,993	1,913	1,819	1,735	1,745	1,756	1,754	1,750	1,732	1,694	1,678	1,757	1,882	2,043	2,030	1,963	1,874	1,782	0	0	0
Other fees and commissions
-	-	-	-	-	-	-	-	-	-	-	-	2,681	-	2,581	2,510	2,461	2,377	2,274	2,161	2,047	1,903	1,887	1,879	1,849	1,864	1,838	1,788	1,770	1,768	1,750	1,758	1,651	1,510	1,373	1,232	0	0	0
Mortgage banking income
-	-	-	-	-	-	-	-	-	-	-	-	1,950	-	1,502	1,366	1,390	1,320	1,233	1,199	1,085	1,126	1,175	1,297	1,553	2,008	2,282	2,433	2,421	2,234	2,135	1,894	1,646	1,262	1,220	1,189	0	0	0
Securities gains, net
-	-	-	-	-	-	-	-	-	-	-	-	729	-	975	908	923	867	554	863	776	505	493	182	33	192	201	197	356	158	177	177	-2	-1	49	53	0	0	0
Brokerage fees
785	721	708	697	720	795	829	876	859	829	810	800	831	843	901	947	935	946	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from Small Business Investment Companies
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from Small Business Investment Companies
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from Small Business Investment Companies
0	-	-	-	0	-	-	-	365	-	343	257	323	463	723	822	844	912	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses on premises and equipment, net
0	-	0	0	-	-	0	0	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,296	1,213	1,107	1,039	911	922	979	992	1,020	975	983	983	1,122	1,140	1,066	1,054	890	853	252	464	608	892	996	883	867	843	1,318	1,333	1,312	1,790	1,759	1,844	1,667	949	813	538	0	0	0
Total noninterest income
16,214	15,170	14,302	13,511	13,392	13,274	14,080	14,504	14,289	14,227	14,144	13,460	13,479	13,505	13,602	13,537	13,428	13,287	12,261	12,187	11,629	11,176	10,988	10,774	10,760	10,827	10,909	10,832	10,946	11,410	11,311	11,319	10,507	9,244	8,898	8,243	0	0	0
Noninterest Expense:
Salaries
26,067	24,672	23,139	22,129	20,176	20,509	20,602	20,389	20,027	19,829	19,300	18,854	18,152	17,568	16,792	16,345	16,622	16,554	16,432	15,967	15,297	14,688	14,397	14,293	14,158	14,059	14,484	14,807	15,113	15,785	15,555	15,298	14,035	12,409	11,303	10,223	0	0	0
Employee benefits
5,414	5,343	5,070	4,739	4,425	4,370	4,304	4,316	4,266	4,274	3,918	3,904	3,898	3,829	4,299	4,294	4,350	4,311	3,582	3,352	3,088	2,988	3,847	3,904	3,924	3,848	3,569	3,493	3,425	3,604	3,442	3,393	3,218	2,681	2,460	2,362	0	0	0
Occupancy and equipment
5,699	5,417	5,044	4,665	4,334	4,378	4,417	4,499	4,547	4,487	4,451	4,304	4,215	4,246	4,297	4,387	4,352	4,425	4,238	4,077	3,963	3,727	3,672	3,672	3,634	3,614	3,730	3,726	3,902	3,951	3,830	3,817	3,465	3,199	3,043	2,825	0	0	0
FDIC assessment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC assessment
-	-	244	553	-	537	549	553	555	538	529	529	588	647	704	751	753	750	726	698	668	647	648	654	650	647	647	568	620	692	685	695	679	651	699	804	0	0	0
Bank franchise tax
1,780	1,644	1,304	1,184	1,063	1,054	1,140	1,125	1,097	1,072	1,021	1,002	995	995	992	955	919	898	907	903	914	901	855	826	780	745	711	697	694	690	744	777	771	763	725	687	0	0	0
Core deposit intangible amortization
1,770	1,398	1,016	624	243	265	290	314	440	528	623	756	841	964	1,089	1,176	1,188	1,201	1,127	1,054	1,084	1,114	1,218	1,321	1,412	1,501	1,592	1,683	1,808	1,935	2,062	2,186	1,735	1,282	828	378	0	0	0
Data processing
2,798	2,567	2,220	2,051	1,801	1,691	1,859	1,914	1,949	2,014	1,952	1,914	1,871	1,828	1,754	1,683	1,707	1,725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data processing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,410	1,354	1,319	1,248	0	0	0	-	-	-	-	-	-	-	-	-	-
Software
1,327	1,295	1,245	1,265	1,298	1,279	1,257	1,253	1,170	1,144	1,124	1,122	1,125	1,143	1,180	1,169	1,172	1,158	1,124	1,082	1,040	1,019	1,009	959	973	923	0	0	0	-	-	-	-	-	-	-	-	-	-
Other real estate owned, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate owned, net
-	-	37	36	-	122	231	247	290	303	224	267	275	336	324	93	150	99	152	419	277	240	990	1,094	1,296	1,523	779	946	924	528	398	442	0	-	0	0	-	-	-
Foreclosed real estate, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Merger related expenses
-	11,782	12,194	12,194	1,323	872	0	0	0	-	-	-	-	-	-	-	-	1,998	2,460	2,641	1,139	780	268	0	0	-	0	-	-	19	122	512	1,549	1,607	1,534	1,144	0	0	0
Other
12,195	11,806	11,162	10,347	9,189	9,169	8,980	8,825	8,803	8,694	9,080	8,727	8,364	8,245	7,426	7,438	7,562	7,424	7,567	7,566	7,150	7,006	7,205	7,070	7,064	6,997	5,631	6,151	6,751	7,899	8,694	8,584	7,720	6,257	5,869	5,035	0	0	0
Total noninterest expense
68,479	66,074	62,675	59,787	44,473	44,246	43,629	43,435	43,144	42,883	42,222	41,379	40,324	39,801	38,907	38,428	40,414	40,543	40,020	39,459	36,182	34,558	35,519	35,147	35,210	35,105	34,204	34,629	35,034	36,643	36,269	35,953	34,148	30,000	26,902	24,212	0	0	0
Income Before Income Taxes
28,320	25,767	23,330	19,567	28,581	28,225	29,067	28,809	27,629	26,075	24,812	23,437	23,059	23,308	23,897	24,008	22,085	21,059	18,567	17,453	18,091	17,943	18,094	19,285	20,700	21,801	23,122	22,294	22,393	22,299	23,619	24,594	19,767	16,481	12,669	9,459	0	0	0
Income Taxes
4,875	4,861	4,863	4,007	5,811	5,646	9,370	10,110	10,631	10,826	7,561	7,010	6,823	7,007	7,111	7,148	6,433	6,020	5,245	5,000	5,285	5,202	5,100	5,216	5,654	6,054	6,600	6,376	6,411	6,293	6,879	7,364	5,799	4,910	3,522	2,427	0	0	0
Net Income
23,445	20,906	18,467	15,560	22,770	22,579	19,697	18,699	16,998	15,249	17,251	16,427	16,236	16,301	16,786	16,860	15,652	15,039	13,322	12,453	12,806	12,741	12,994	14,069	15,046	15,747	16,522	15,918	15,982	16,006	16,740	17,230	13,968	11,571	9,147	7,032	0	0	0
Dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Net Income Per Common Share:
Net income available to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Basic (in dollars per share)
0.77	0.63	0.78	-0.11	0.69	0.58	0.66	0.69	0.67	0.24	0.55	0.50	0.47	0.48	0.46	0.47	0.48	0.53	0.47	0.33	0.40	0.37	0.40	0.41	0.44	0.39	0.54	0.54	0.53	0.50	0.46	0.55	0.53	0.67	0.52	0.16	0.29	0.36	0.33
Diluted (in dollars per share)
0.77	0.62	0.78	-0.11	0.69	0.57	0.66	0.69	0.67	0.25	0.55	0.49	0.47	0.48	0.46	0.47	0.48	0.53	0.47	0.33	0.40	0.37	0.40	0.41	0.44	0.40	0.54	0.53	0.53	0.51	0.46	0.54	0.53	0.67	0.52	0.16	0.29	0.36	0.33
Weighted Average Common Shares Outstanding:
Basic (in shares)
11,025	11,126	11,127	11,126	8,745	8,717	8,712	8,692	8,669	8,648	8,644	8,640	8,633	8,615	8,608	8,610	8,611	8,622	8,668	8,707	8,723	7,850	7,841	7,872	7,904	7,884	7,877	7,867	7,861	7,844	7,838	7,832	7,822	-6,129,626	7,800	6,154	6,143,602	6,125	6,123
Diluted (in shares)
11,031	11,154	11,138	11,126	8,745	8,722	8,718	8,704	8,687	8,668	8,663	8,659	8,651	8,629	8,618	8,619	8,617	8,628	8,676	8,715	8,732	7,861	7,851	7,879	7,917	7,897	7,892	7,876	7,871	7,844	7,855	7,849	7,833	-6,138,746	7,806	6,161	6,152,738	6,131	6,129
Fiduciary and Trust [Member]
Noninterest Income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit Account [Member]
Noninterest Income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial Service, Other [Member]
Noninterest Income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Noninterest Income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-