Baycom corp (BCML)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17
Interest income:
Loans, including fees

20,620

19,268

17,524

15,120

13,550

12,722

12,044

12,074

12,280

11,868

12,115

10,098

7,006

Investment securities and interest bearing deposits in banks

1,635

2,302

2,662

2,674

2,654

2,314

2,107

1,540

1,110

1,022

923

490

288

FHLB dividends

126

170

141

92

92

180

86

87

93

93

71

106

86

FRB dividends

109

-

-

-

61

-

-

-

-

-

-

-

-

FRB dividends

-

-

63

62

-

-

50

50

69

-

22

23

22

Total interest and dividend income

22,490

21,849

20,390

17,948

16,357

15,270

14,287

13,751

13,552

13,003

13,131

10,717

7,402

Interest expense:
Deposits

2,328

2,543

2,493

1,783

1,346

1,279

1,179

1,025

979

1,031

988

971

918

Subordinated debt

118

-

-

-

146

-

-

-

-

-

-

-

-

Other borrowings

7

-

140

147

-

102

93

126

159

152

151

101

0

Total interest expense

2,453

2,677

2,633

1,930

1,492

1,381

1,272

1,151

1,138

1,183

1,139

1,072

918

Net interest income

20,037

19,172

17,757

16,018

14,865

13,889

13,015

12,600

12,414

11,820

11,992

9,645

6,484

Provision for loan losses

1,713

1,023

479

445

277

264

1,081

243

254

117

58

144

143

Net interest income after provision for loan losses

18,324

18,149

17,278

15,573

14,588

13,625

11,934

12,357

12,160

11,703

11,934

9,501

6,341

Noninterest income:
Gain on sale of loans

642

1,217

689

903

190

438

424

548

651

461

437

875

400

Service charges and other fees

705

677

605

663

733

586

509

469

446

-

379

299

-

Loan servicing and other loan fees

646

578

443

514

410

412

312

274

245

106

150

253

57

Gain on sale of premises

-

-

-

109

-

-

-

-

-

-

-

-

-

Gain on sale of OREO

-

-

-

112

-

-

-

-

-

-

-

-

-

Other income and fees

585

245

377

239

787

129

393

792

384

99

117

202

136

Total noninterest income

2,578

2,795

2,114

2,540

2,120

1,635

1,638

2,083

1,726

1,346

1,083

1,629

736

Noninterest expense:
Salaries and employee benefits

8,708

8,206

7,440

7,198

5,963

6,641

5,342

4,547

4,914

5,303

4,686

3,947

3,082

Occupancy and equipment

1,811

1,578

1,396

1,064

1,110

1,040

976

1,268

975

936

932

790

569

Data processing

3,623

2,721

1,036

3,683

924

1,957

526

615

708

1,488

813

2,074

360

Other expense

2,776

2,754

1,792

2,850

1,751

1,835

1,573

2,226

1,526

-

1,335

1,576

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

628

Total noninterest expense

16,918

15,259

11,664

14,795

9,748

11,473

8,417

8,656

8,123

9,332

7,766

8,387

4,639

Income before provision for income taxes

3,984

5,685

7,728

3,318

6,960

3,787

5,155

5,784

5,763

3,717

5,251

2,743

2,438

Provision for income taxes

1,166

1,098

2,165

1,091

2,019

1,169

1,637

1,496

1,694

4,556

2,070

1,241

1,022

Net income

2,818

4,587

5,563

2,227

4,941

2,618

3,518

4,288

4,069

-839

3,181

1,502

1,416

Earnings per common share :
Basic earnings per common share

0.23

0.36

0.46

0.20

0.45

0.20

0.31

0.45

0.54

-0.14

0.46

0.23

0.26

Weighted average shares outstanding

12,343

12,699

12,061

11,384

10,891

10,919

10,869

9,467

7,512

7,391

6,870

6,421

5,397

Diluted earnings per common share

0.23

0.36

0.46

0.20

0.45

0.20

0.31

0.45

0.54

-0.14

0.46

0.23

0.26

Weighted average shares outstanding

12,343

12,699

12,061

11,384

10,891

10,919

10,869

9,467

7,512

7,377

6,870

6,421

5,411