Bancorp 34, Inc. BCTF Income Statement

Bancorp 34, inc. (BCTF)

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	Sep'15
Interest income
Interest and fees on loans
17,957	17,489	16,999	16,744	16,124	15,846	15,803	15,638	15,658	15,221	14,679	14,040	13,443	12,923	0	0	0	0
Interest on securities
1,035	972	882	812	729	654	593	549	547	528	521	506	483	473	0	0	0	0
Interest on other interest-earning assets
435	484	498	470	416	362	317	255	228	214	0	0	0	-	-	-	-	-
Total interest income
19,429	18,946	18,380	18,027	17,269	16,863	16,714	16,443	16,434	15,964	0	0	0	-	-	-	-	-
Interest on other interest-earning assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Interest on other interest-earning assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Total interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Interest expense
Interest on deposits
3,923	3,799	3,561	3,197	2,798	2,430	2,124	1,912	1,789	1,672	1,567	1,512	1,487	1,475	0	0	0	0
Interest on borrowings
932	1,020	955	971	871	743	740	668	645	599	542	429	300	208	0	0	0	0
Total interest expense
4,856	4,820	4,516	4,169	3,670	3,173	2,864	2,581	2,435	2,271	2,110	1,942	1,787	1,684	0	0	0	0
Net interest income
14,573	14,126	13,863	13,858	13,599	13,689	13,849	13,862	13,998	13,692	13,273	12,770	12,275	11,817	0	0	0	0
Provision for loan losses
407	22	397	397	383	318	118	268	347	575	0	0	0	-	0	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net interest income after provision for loan losses
14,166	14,104	13,466	13,461	13,216	13,371	13,731	13,594	13,651	13,117	12,010	11,502	11,058	10,798	0	0	0	0
Noninterest income
Gain on sale of loans
-	272	264	-3,180	-3,197	129	3,506	10,309	12,839	11,450	11,228	10,912	10,963	10,687	0	0	0	0
Service charges and fees
427	362	415	359	339	367	363	371	365	367	0	0	0	-	-	-	-	-
Service charges and fees
-	-	-	-	-	-	-	-	-	-	-	-	-	362	0	0	0	0
Loss on sale and impairments of other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0
Loss on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Bank owned life insurance
369	370	370	369	368	365	354	305	257	211	173	173	173	173	0	0	0	0
Other
50	14	37	32	25	38	43	56	70	52	28	26	33	80	0	0	0	0
Total noninterest income
1,092	1,019	-2,157	-2,418	-2,463	901	7,337	10,866	13,357	11,906	11,787	11,460	11,429	11,213	0	0	0	0
Noninterest expense
Salaries and benefits
6,791	6,619	3,783	3,646	3,488	6,131	11,215	13,282	15,345	14,415	14,227	14,161	13,860	13,142	0	0	0	0
Occupancy
1,479	1,462	1,296	1,270	1,272	1,426	1,714	1,889	2,025	1,942	0	0	0	-	-	-	-	-
Occupancy
-	-	-	-	-	-	-	-	-	-	-	-	-	1,814	0	0	0	0
Data processing fees
2,069	2,092	1,685	1,467	1,327	1,566	2,053	2,244	2,460	2,344	2,287	2,250	2,273	2,024	0	0	0	0
FDIC and other insurance expense
0	-	0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-
FDIC and other insurance expense
-	-	-	250	-	-	-	199	180	186	208	224	217	232	0	0	0	0
Professional fees
924	815	759	783	772	944	1,240	1,305	1,392	1,415	1,310	1,355	1,389	1,414	0	0	0	0
Merger-related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Advertising
255	260	151	87	80	170	324	398	468	453	480	438	399	310	0	0	0	0
Net other real estate expenses
-	-	-	-	-	-	-	-	-	0	0	0	1	4	0	0	0	0
Other
1,067	1,061	932	953	979	1,276	1,600	1,824	1,997	1,935	1,944	1,950	1,801	1,946	0	0	0	0
Total noninterest expense
12,734	12,491	8,792	8,459	8,162	11,722	18,346	21,142	23,870	22,694	22,348	22,201	21,729	20,888	0	0	0	0
Income from continuing operations before provision for income taxes
2,525	2,632	2,516	2,582	2,589	2,549	2,723	3,318	3,138	2,329	1,449	761	759	1,123	0	0	0	0
Provision for income taxes
668	665	708	684	698	674	1,894	2,221	2,209	1,968	-3,722	-4,182	-4,332	-4,171	0	0	0	0
Net income from continuing operations
1,857	1,966	1,896	1,949	0	-	0	0	-	-	-	-	-	-	-	-	-	-
Discontinued operations
Loss from discontinued operations
-	-1,683	-2,127	-2,296	0	-	0	0	-	-	-	-	-	-	-	-	-	-
Benefit for income taxes
-	-427	-527	-570	0	-	0	0	-	-	-	-	-	-	-	-	-	-
Net loss from discontinued operations
-	-1,255	-1,600	-1,726	0	-	0	0	-	-	-	-	-	-	-	-	-	-
NET INCOME
947	710	334	24	744	1,073	300	970	928	360	5,172	4,943	5,091	5,295	0	0	0	0
Other comprehensive income
Unrealized gain on available-for-sale securities
1,689	943	1,663	1,255	477	-223	0	0	0	-	0	0	-	-	-	-	-	-
Tax effect of unrealized gain on available-for-sale securities
429	240	405	319	121	-57	0	0	0	-	0	0	-	-	-	-	-	-
Unrealized gain on available-for-sale securities, net of tax
1,259	703	1,257	935	356	-166	-489	-320	-177	89	-290	-409	-364	-147	0	0	0	0
COMPREHENSIVE INCOME
2,206	1,413	1,592	960	1,100	907	-189	650	751	449	4,881	4,534	4,726	5,147	0	0	0	0
Earnings per common share - Basic
Earnings per common share - continuing operations (in dollars per share)
0.09	0.21	0.15	0.16	0.12	-	0.17	0.16	-	-	-	-	-	-	-	-	-	-
Loss per common share - discontinued operations (in dollars per share)
-	-0.03	0.00	-0.27	-0.11	-	-0.13	-0.04	-	-	-	-	-	-	-	-	-	-
Earnings per common share - Basic (in dollars per share)
0.09	0.18	0.15	-0.11	0.01	0.06	0.04	0.12	0.11	-0.18	0.25	0.10	-0.06	1.26	0.17	0.14	0.00	0.08
Earnings per common share - Diluted
Earnings per common share - continuing operations (in dollars per share)
0.09	0.21	0.15	0.16	0.12	-	0.17	0.16	-	-	-	-	-	-	-	-	-	-
Loss per common share - discontinued operations (in dollars per share)
-	-0.03	0.00	-0.27	-0.11	-	-0.13	-0.04	-	-	-	-	-	-	-	-	-	-
Earnings per common share - Diluted (in dollars per share)
0.09	0.18	0.15	-0.11	0.01	0.06	0.04	0.12	0.11	-0.18	0.25	0.10	-0.06	1.26	0.17	0.14	0.00	0.08