Associated Banc-Corp ASB Income Statement

Associated banc-corp (ASB)

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	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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Interest income
Interest and fees on loans
224,786	229,883	248,579	260,784	258,853	260,661	249,649	246,646	220,034	194,133	196,972	184,246	173,649	169,473	167,350	163,059	159,656	155,602	155,663	152,417	151,945	156,536	152,030	146,629	143,387	148,884	146,219	146,896	145,527	150,107	149,647	147,188	149,023	149,832	145,778	144,358	142,771	146,444	148,937	153,815	159,291	183,264	194,352
Interest and dividends on investment securities
Taxable
20,272	21,056	23,485	26,710	29,053	29,119	29,895	30,623	30,104	25,614	24,162	23,658	23,475	22,418	22,948	24,270	25,516	26,395	24,937	23,868	25,092	25,061	25,037	26,109	26,257	24,316	21,544	21,446	21,613	20,368	20,548	23,000	23,029	22,855	30,513	35,351	34,652	32,421	36,151	40,292	46,168	46,873	46,688
Tax-exempt
14,882	14,615	14,491	14,643	13,816	12,899	11,883	10,783	9,217	8,437	8,268	8,143	8,129	8,184	8,141	7,894	7,830	7,783	7,917	7,565	7,887	7,580	7,483	7,030	6,971	6,884	6,711	6,785	6,965	7,119	7,127	7,135	7,274	7,344	7,376	7,504	7,713	8,150	8,499	8,558	8,708	8,498	8,819
Other interest
3,304	3,557	4,865	3,995	4,226	3,257	4,036	3,153	2,177	2,138	2,492	1,553	1,536	1,380	1,064	1,318	1,067	1,639	1,489	1,771	1,692	1,821	1,503	1,862	1,449	1,453	1,260	1,233	1,247	2,876	1,334	1,262	1,247	1,251	1,428	1,438	1,458	2,077	2,629	2,213	1,773	-	-
Total interest income
263,244	269,109	291,420	306,133	305,948	305,936	295,464	291,205	261,532	230,322	231,894	217,600	206,789	201,455	199,503	196,541	194,069	191,419	190,006	185,621	186,616	190,998	186,053	181,630	178,064	181,537	175,734	176,360	175,352	180,470	178,656	178,585	180,573	181,282	185,095	188,651	186,594	189,092	196,216	204,878	215,940	238,651	249,910
Interest expense
Interest on deposits
36,666	45,878	61,585	67,050	62,773	54,159	50,116	38,431	33,412	28,143	27,778	21,180	16,924	13,773	13,118	11,678	11,766	8,844	8,521	8,141	7,619	7,319	6,621	6,195	6,159	7,340	7,617	7,769	8,541	9,091	9,751	10,553	12,036	14,954	15,644	16,901	18,249	23,039	25,879	28,360	28,745	37,811	44,993
Interest on federal funds purchased and securities sold under agreements to repurchase
368	521	145	286	627	442	504	538	522	420	768	824	515	314	326	378	296	229	248	235	231	218	390	306	305	271	308	333	410	558	750	612	767	-	1,810	1,600	-	-	-	-	-	16	51
Interest on other short-term funding
39	28	33	37	51	37	38	51	60	-941	70	84	1,080	-1,408	296	845	515	186	83	115	81	156	233	280	116	228	434	525	332	226	815	1,197	1,056	-629	1,229	2,036	3,579	-4,908	1,849	1,820	2,026	2,895	5,088
Interest on FHLB advances
17,626	16,622	15,896	17,744	19,554	19,948	19,318	21,279	13,123	-	8,612	7,149	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on long-term funding
5,604	5,918	7,396	7,396	7,396	7,396	6,095	4,544	4,544	1,092	4,544	4,544	7,996	-2,000	7,229	6,923	9,505	10,692	10,645	10,642	10,872	8,644	6,179	6,146	6,511	6,499	6,866	7,551	8,416	9,140	11,738	11,956	12,046	12,346	13,252	13,991	11,043	12,905	14,584	14,905	15,947	18,709	20,691
Total interest expense
60,303	68,968	85,054	92,513	90,401	81,981	76,072	64,843	51,661	43,317	41,772	33,781	26,515	21,420	20,969	19,824	22,082	19,951	19,497	19,133	18,803	16,337	13,423	12,927	13,091	14,338	15,225	16,178	17,699	19,015	23,054	24,318	25,905	29,457	31,935	34,528	32,871	38,232	42,312	45,085	46,718	59,415	70,772
Net interest income
202,942	200,143	206,365	213,619	215,547	223,955	219,392	226,362	209,871	187,005	190,122	183,819	180,274	180,035	178,534	176,717	171,987	171,468	170,509	166,488	167,813	174,661	172,630	168,703	164,973	167,199	160,509	160,182	157,653	161,455	155,602	154,267	154,668	151,825	153,160	154,123	153,723	150,860	153,904	159,793	169,222	179,236	179,138
Provision for credit losses
53,001	0	2,000	8,000	6,000	1,000	-5,000	4,000	0	0	5,000	12,000	9,000	15,000	21,000	14,000	20,000	20,000	8,000	5,000	4,500	5,000	1,000	5,000	5,000	2,300	-800	5,300	3,300	10,100	0	0	0	1,000	4,000	16,000	31,000	63,000	64,000	97,665	165,345	95,410	155,022
Net interest income after provision for credit losses
149,941	200,143	204,365	205,619	209,547	222,955	224,392	222,362	209,871	187,005	185,122	171,819	171,274	165,035	157,534	162,717	151,987	151,468	162,509	161,488	163,313	169,661	171,630	163,703	159,973	164,899	161,309	154,882	154,353	151,355	155,602	154,267	154,668	150,825	149,160	138,123	122,723	87,860	89,904	62,128	3,877	83,826	24,116
Noninterest income
Noninterest Income In Scope of Topic 606
71,348	71,674	72,713	71,122	72,738	71,816	72,718	72,825	72,725	-	-	65,014	16,356	202,489	17,445	16,444	16,273	16,577	17,385	15,703	15,806	17,006	17,961	17,412	16,400	17,330	18,407	17,443	16,829	16,817	17,290	16,768	18,042	17,783	19,949	19,112	19,064	20,390	23,845	26,446	26,059	30,829	29,671
Retail commission income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,817	15,041	14,829
Capital markets, net
7,935	7,647	4,300	4,726	3,189	4,932	5,099	4,783	5,306	7,107	4,610	4,042	3,883	7,716	7,012	3,793	3,538	7,229	2,170	2,692	2,467	5,502	2,939	2,099	2,322	2,771	2,652	5,074	2,583	4,243	3,609	2,673	3,716	3,950	3,273	-890	2,378	5,187	891	-136	130	226	2,393
Insurance commissions and fees
-	-	-	-	-	-	-	-	-	-	-	-	21,620	-	19,431	22,005	21,382	17,997	17,561	20,077	19,728	10,593	7,860	13,651	12,317	11,274	11,356	9,631	11,763	10,862	11,650	12,912	11,590	6,601	11,020	11,552	16,381	-	15,276	15,722	-	-	-
Card-based and loan fees
-	-	-	-	-	-	-	-	-	-	-	-	12,465	-	12,777	12,717	11,991	9,281	12,618	13,597	12,416	9,621	12,407	12,577	12,509	12,684	12,688	12,591	11,950	12,690	12,209	12,084	10,879	11,269	15,291	15,747	15,598	15,842	14,906	14,739	13,812	11,586	11,858
Trust and asset management fees
-	-	-	-	-	-	-	-	-	-	-	-	11,935	-	11,700	11,509	11,447	11,965	12,273	12,515	12,087	12,457	12,218	12,017	11,711	11,938	11,380	11,405	10,910	10,429	10,396	10,125	9,787	9,511	9,791	10,012	9,831	9,518	9,462	9,517	9,356	9,057	8,569
Brokerage commission and fees
-	-	-	-	-	-	-	-	-	-	-	-	4,333	-	4,155	4,098	3,794	3,694	3,809	4,192	3,683	3,496	4,040	4,520	4,033	3,881	3,792	3,688	3,516	3,678	3,632	4,206	4,127	-	4,027	4,923	-	-	-	-	-	-	-
Mortgage banking, net
6,143	6,760	10,940	9,466	4,712	3,271	4,012	6,258	6,370	3,169	6,585	5,027	4,579	11,559	18,291	4,067	4,204	8,271	6,643	9,941	7,408	2,928	6,669	5,362	6,361	8,277	3,542	19,263	17,765	13,530	15,581	16,735	17,654	9,677	4,521	-3,320	1,845	13,229	9,007	5,493	5,407	-909	28,297
Bank and corporate owned life insurance
3,094	3,364	4,337	3,352	3,792	3,246	3,540	3,978	3,187	3,156	6,580	3,899	2,615	3,338	3,290	2,973	4,770	2,092	2,448	2,381	2,875	2,739	3,506	3,011	4,320	2,787	2,817	3,281	2,970	3,206	3,290	3,164	4,292	3,820	3,990	3,500	3,586	4,509	3,756	4,240	3,256	3,789	3,161
Asset gains (losses), net
-77	-	877	871	567	-	-1,037	2,497	-107	-	-16	-466	-234	767	-1,034	-343	524	-391	244	1,854	833	4,269	4,934	899	728	2,687	1,934	-44	836	-209	-3,309	-4,984	-3,594	-2,976	-3,859	-3,378	-1,986	-9,547	-2,354	1,477	-1,641	-126	-1,287
Investment securities gains (losses), net
6,118	26	3,788	463	1,680	0	30	-2,015	0	-	3	356	-	3,115	-13	3,116	3,098	4,095	2,796	1,242	0	-	-	-	-	-	-	-	-	152	3,506	563	40	-216	1	-14	1	-	5,273	-	-	-	-
Other-than-temporary impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	59	0	0	761	1,611	22	23	-	4,029	-146	-	-2,575	-1,063
Less: Non-credit portion recognized in other comprehensive income (before taxes)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	59	0	0	667	866	0	0	-	2,121	0	-	1,475	0
Realized gains, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	23,581	1,058	-322
Investment securities gains, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	34	378	-	248	34	300	152	3,506	563	40	-310	-744	-36	-22	-1,883	3,365	-146	23,581	-42	-1,385
Other
2,352	2,821	2,537	2,547	3,260	1,522	2,802	2,235	2,492	2,777	2,254	2,213	2,279	2,379	2,180	1,789	2,171	2,187	2,118	2,288	2,510	1,549	2,317	665	2,442	2,262	2,100	1,944	2,578	2,507	3,134	1,705	1,913	2,750	1,737	4,364	5,507	2,950	3,743	3,539	2,261	5,858	5,835
Total noninterest income
98,306	92,935	100,850	95,837	91,202	84,046	88,300	92,842	90,380	84,544	85,895	82,410	79,831	92,289	95,234	82,168	83,192	82,997	80,065	86,482	79,813	70,185	74,908	72,247	73,521	75,873	70,916	84,310	82,000	77,905	80,988	75,951	78,446	70,355	68,996	61,586	72,182	74,636	81,897	80,891	98,038	75,309	101,941
Noninterest expense
Personnel
114,200	120,615	123,170	123,228	120,050	116,535	124,476	123,980	117,685	107,030	108,098	107,066	106,782	117,330	103,819	102,129	101,398	100,469	101,134	102,986	100,152	97,258	97,650	97,793	97,698	101,215	98,102	99,791	97,907	98,073	95,231	93,819	94,281	90,604	91,084	89,526	88,930	85,726	80,640	79,342	79,355	73,501	81,171
Technology
20,799	22,731	20,572	20,114	19,012	17,944	17,563	19,452	17,715	17,878	15,233	15,473	14,420	14,413	14,173	14,450	14,264	13,953	14,748	16,354	15,558	14,581	13,573	14,594	12,724	12,963	12,323	12,651	11,508	11,706	11,022	11,304	9,516	9,080	7,887	7,974	7,534	7,047	7,502	7,866	7,299	7,442	8,126
Occupancy
16,069	16,933	15,164	13,830	16,472	14,174	14,519	15,071	15,357	13,497	12,294	12,832	15,219	13,690	15,362	13,215	13,802	14,718	14,187	14,308	17,683	14,589	13,743	13,785	15,560	14,684	14,758	14,305	15,662	17,273	14,334	14,008	15,179	13,796	14,205	12,663	15,275	12,899	12,157	11,706	13,175	11,949	12,341
Business development and advertising
5,826	8,315	7,991	6,658	6,636	8,950	8,213	7,067	6,693	8,195	7,764	7,152	5,835	6,298	5,251	6,591	8,211	7,652	5,964	6,829	5,327	8,538	7,467	5,077	5,062	7,834	5,947	5,028	4,537	5,395	5,059	5,468	5,381	6,904	5,539	5,652	4,943	4,870	4,297	4,773	4,445	3,910	4,943
Equipment
5,439	5,970	6,335	5,577	5,668	5,896	5,838	5,953	5,556	5,250	5,232	5,234	5,485	5,328	5,319	5,396	5,446	5,695	6,003	5,739	5,772	6,148	6,133	6,227	6,276	6,509	6,213	6,462	6,167	6,444	5,935	5,719	5,468	5,286	4,851	4,969	4,767	4,899	4,637	4,450	4,385	4,575	4,670
Legal and professional
5,160	5,558	5,724	4,668	3,951	5,888	5,476	6,284	5,413	6,384	6,248	5,711	4,166	5,184	4,804	4,856	5,025	3,963	4,207	4,344	4,538	-	-	-	-	-	-	-	5,345	8,174	7,686	5,657	9,715	4,651	4,289	4,783	4,482	5,353	6,774	5,517	2,795	3,349	5,586
Card issuance costs
-	-	-	1,290	-	-	-	2,412	2,332	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan and foreclosure costs
3,120	4,125	1,638	952	2,146	3,238	2,439	761	972	-1,631	3,330	2,974	2,620	3,443	3,535	3,442	3,221	4,120	3,305	3,681	2,996	3,646	3,813	3,620	2,787	3,677	3,157	3,044	3,284	3,130	3,297	2,948	2,910	3,469	2,600	2,983	2,956	-	-	-	-	-	-
Loan expense
-	-	-	-	-	-	-	-	-	-1,631	3,330	2,974	2,620	-	3,535	3,442	-	-	-	-	-	-	-	-	-	-	3,157	3,044	3,284	-	3,297	2,948	2,910	3,469	2,600	2,983	2,956	-	-	-	-	-	-
Legal and professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,604	4,436	4,188	-	3,482	5,483	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Losses other than loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-600	499	384	-	3,577	2,060	3,550	11,890	1,659	-1,925	6,297	7,470	2,504	2,840	1,979	-	-
Foreclosure / OREO expense, net
-	-	-	924	-	-	-	1,021	723	-	906	1,182	1,505	677	960	1,330	1,877	2,371	645	1,264	1,162	1,710	2,083	1,575	1,896	2,829	2,515	2,302	2,422	3,293	4,071	4,343	3,362	3,992	4,982	6,358	6,061	-201	7,349	8,906	7,729	8,688	13,576
FDIC assessment
5,500	4,000	4,000	4,500	3,750	5,750	7,750	8,250	8,250	7,500	7,800	8,000	8,000	9,250	9,000	8,750	7,750	7,500	6,000	6,000	6,500	6,956	6,859	4,945	5,001	4,879	4,755	4,395	5,432	4,813	5,017	4,778	4,870	6,136	6,906	7,198	8,244	11,095	11,426	12,027	11,829	8,451	18,090
Other intangible amortization
2,814	2,712	2,686	2,324	2,226	2,233	2,233	2,168	1,525	500	450	496	513	525	525	539	504	520	885	888	801	775	990	991	991	1,011	1,010	1,011	1,011	1,049	1,048	1,049	1,049	1,179	1,179	1,178	1,178	1,206	1,206	1,254	1,253	1,386	1,385
Acquisition related costs(b)
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
11,543	13,538	12,021	9,979	11,128	20,024	13,634	11,732	10,140	20,688	10,072	10,196	9,146	2,777	12,566	13,662	12,473	15,032	14,507	14,384	13,503	13,889	14,938	14,882	15,475	17,933	13,509	13,725	13,956	19,065	13,426	14,877	14,481	14,163	14,299	14,358	13,509	6,453	18,088	16,357	17,615	17,860	20,143
Total noninterest expense
192,191	203,608	200,930	197,779	191,671	193,163	204,413	211,258	212,965	181,699	177,427	176,316	173,691	178,915	175,314	174,360	173,971	175,993	171,585	176,777	173,992	172,347	171,853	167,925	167,658	179,167	165,171	168,696	167,615	169,228	169,703	166,030	169,762	171,150	159,480	155,717	164,176	156,782	156,580	155,038	151,859	141,111	170,031
Income (loss) before income taxes
56,056	89,467	104,286	103,678	109,078	113,838	108,279	103,947	87,285	89,850	93,590	77,913	77,414	78,409	77,454	70,525	61,208	58,472	70,989	71,193	69,134	67,499	74,685	68,025	65,836	61,605	67,054	70,496	68,738	60,032	66,887	64,188	63,352	50,030	58,676	43,992	30,729	5,714	15,221	-12,019	-49,944	18,024	-43,974
Income tax expense
10,219	17,364	20,947	19,017	22,392	24,854	22,349	14,754	17,829	39,840	28,589	19,930	21,144	23,576	23,638	21,434	18,674	15,681	21,551	21,793	22,462	18,761	24,478	21,660	20,637	13,847	21,396	22,608	21,350	13,404	20,492	20,871	20,719	8,905	17,337	9,610	7,876	-8,294	917	-9,240	-23,555	2,030	-26,633
Net income
45,838	72,104	83,339	84,661	86,686	88,985	85,929	89,192	69,456	50,010	65,001	57,983	56,270	54,833	53,816	49,091	42,534	42,791	49,438	49,400	46,672	48,738	50,207	46,365	45,199	47,758	45,658	47,888	47,388	46,628	46,395	43,317	42,633	41,125	41,339	34,382	22,853	14,008	14,304	-2,779	-26,389	15,994	-17,341
Preferred stock dividends
3,801	3,799	3,801	3,801	3,801	3,707	2,409	2,329	2,339	2,339	2,339	2,339	2,330	2,348	2,188	2,169	2,198	2,198	2,184	1,545	1,228	1,225	1,255	1,278	1,244	1,273	1,285	1,300	1,300	1,300	1,300	1,300	1,300	1,300	7,305	8,812	7,413	7,400	7,389	7,377	7,365	7,342	7,331
Net income available to common equity
42,037	68,303	79,539	80,860	82,885	85,278	83,521	86,863	67,117	47,671	62,662	55,644	53,940	52,485	51,628	46,922	40,336	40,593	47,254	47,855	45,444	47,513	48,952	45,087	43,955	46,485	44,373	46,588	46,088	45,328	45,095	42,017	41,333	39,825	34,034	25,570	15,440	6,608	6,915	-10,156	-33,754	8,652	-24,672
Earnings per common share
Basic
0.27	0.44	0.50	0.49	0.50	0.51	0.49	0.51	0.41	0.32	0.41	0.36	0.36	0.35	0.34	0.31	0.27	0.27	0.31	0.32	0.30	0.31	0.31	0.28	0.27	0.28	0.27	0.28	0.27	0.26	0.26	0.24	0.24	0.22	0.20	0.15	0.09	0.04	0.04	-0.06	-0.20	0.07	-0.19
Diluted
0.27	0.43	0.49	0.49	0.50	0.51	0.48	0.50	0.40	0.30	0.41	0.36	0.35	0.34	0.34	0.31	0.27	0.27	0.31	0.31	0.30	0.30	0.31	0.28	0.27	0.28	0.27	0.28	0.27	0.26	0.26	0.24	0.24	0.22	0.20	0.15	0.09	0.04	0.04	-0.06	-0.20	0.07	-0.19
Average common shares outstanding
Basic
154,701	156,902	159,126	162,180	163,928	164,711	170,516	170,633	163,520	150,555	150,565	151,573	150,815	149,256	148,708	148,511	148,601	148,813	148,614	149,903	150,070	151,812	155,925	159,940	161,467	162,543	164,954	166,605	168,234	170,685	171,650	172,839	173,846	173,526	173,418	173,323	173,213	173,168	172,989	172,921	165,842	127,863	127,861
Diluted
155,619	158,241	160,382	163,672	165,433	166,285	172,802	173,409	166,432	153,449	152,968	154,302	153,869	150,887	149,973	149,530	149,454	150,341	149,799	151,108	151,164	152,999	156,991	160,838	162,188	162,613	165,443	166,748	168,404	170,959	171,780	172,841	173,848	173,526	173,418	173,327	173,217	173,167	172,990	172,921	165,842	127,863	127,861
Insurance commissions and fees
Noninterest Income In Scope of Topic 606
22,608	19,701	20,954	22,985	25,464	21,231	21,636	23,996	22,648	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees(a)
Noninterest Income In Scope of Topic 606
20,816	21,581	21,015	20,691	20,180	20,363	21,224	20,333	20,642	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges and deposit account fees
Noninterest Income In Scope of Topic 606
15,222	16,033	16,561	15,426	15,115	16,361	16,904	16,390	16,420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Card-based fees
Noninterest Income In Scope of Topic 606
9,607	9,939	10,501	10,177	9,295	10,357	9,826	10,155	9,472	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges and account fees
9,597	9,907	10,456	10,131	9,261	10,316	9,783	10,115	9,442	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other fee-based revenue
Noninterest Income In Scope of Topic 606
3,096	4,419	3,683	1,843	2,684	3,502	3,128	1,952	3,544	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges and account fees
4,497	4,696	5,085	5,178	3,983	5,259	4,307	4,272	3,980	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-