Bar harbor bankshares (BHB)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest and dividend income
Loans

112,165

111,042

109,424

107,479

105,753

104,015

102,167

100,616

98,908

94,976

81,107

66,741

52,764

41,653

40,481

40,313

39,709

39,303

38,903

38,792

38,352

37,739

37,517

36,905

37,106

37,223

37,415

37,433

36,882

36,579

35,922

35,283

35,251

34,854

34,868

34,890

0

0

0

Securities and other

23,493

24,349

24,622

24,489

24,148

23,436

22,668

22,098

21,753

21,093

19,652

18,078

16,744

15,834

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest and dividend income

135,658

135,391

134,046

131,968

129,901

127,451

124,835

122,714

120,661

116,069

100,759

84,819

69,508

57,487

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,487

15,198

15,543

15,689

15,531

15,224

14,203

13,457

13,140

13,160

13,646

14,173

14,477

14,971

15,510

16,006

16,290

16,164

0

0

0

Dividends on FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

461

341

315

290

226

173

116

69

75

79

88

86

75

64

55

47

35

24

0

0

0

Total interest and dividend income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

54,851

54,331

54,210

53,718

53,274

52,302

51,425

50,749

50,630

50,672

50,616

50,838

50,474

50,318

50,816

50,907

51,193

51,078

0

0

0

Interest expense
Deposits

26,747

27,034

25,989

24,324

21,843

19,521

17,249

14,948

13,082

11,307

9,694

8,272

7,332

6,699

6,519

6,360

6,221

6,097

6,027

5,908

5,910

5,894

5,995

6,144

6,351

6,616

6,909

7,224

7,454

7,707

7,954

8,215

8,506

8,765

9,105

9,376

0

0

0

Borrowings

16,303

18,547

20,087

19,650

18,568

17,047

15,471

14,642

13,638

12,607

10,749

8,710

6,766

5,414

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

915

879

782

667

605

535

483

487

476

454

469

436

279

229

277

260

372

383

0

0

0

Long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,316

3,270

3,266

3,344

3,529

3,886

4,235

4,560

4,917

5,221

5,450

5,724

6,130

6,473

6,961

7,493

8,108

8,620

0

0

0

Total interest expense

43,050

45,581

46,076

43,974

40,411

36,568

32,720

29,590

26,720

23,914

20,443

16,982

14,098

12,113

11,563

11,069

10,683

10,390

10,258

10,057

9,958

9,905

10,129

10,565

11,069

11,663

12,302

12,899

13,373

13,867

14,363

14,917

15,744

16,518

17,585

18,379

0

0

0

Net interest income

92,608

89,810

87,970

87,994

89,490

90,883

92,115

93,124

93,941

92,155

80,316

67,837

55,410

45,374

44,971

45,668

45,172

44,834

44,593

44,274

44,252

43,813

43,145

41,737

40,356

39,086

38,328

37,773

37,243

36,971

36,111

35,401

35,072

34,389

33,608

32,699

0

0

0

Provision for loan losses

3,104

2,317

2,351

2,101

2,309

2,780

2,805

2,822

2,788

2,788

2,416

1,895

1,309

979

1,219

1,505

1,755

1,785

1,777

1,843

1,871

1,833

1,866

1,545

1,522

1,418

1,278

1,535

1,590

1,652

1,847

2,170

2,310

2,395

2,300

2,100

0

0

0

Net interest income after provision for loan losses

89,504

87,493

85,619

85,893

87,181

88,103

89,310

90,302

91,153

89,367

77,900

65,942

54,101

44,395

43,752

44,163

43,417

43,049

42,816

42,431

42,381

41,980

41,223

39,415

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Net interest income after provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

34,264

33,231

32,762

31,994

31,308

30,599

0

0

0

Non-interest income
Trust and investment management fee income

12,675

12,063

11,785

11,724

11,780

11,985

12,076

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trust and investment management fee income

-

-

-

-

-

-

-

-

-

-

-

8,114

5,745

-

3,879

3,861

3,891

3,888

3,835

3,832

3,949

3,976

4,005

3,951

3,700

3,634

3,467

3,417

3,405

3,278

3,268

3,164

3,061

3,061

3,061

3,011

0

0

0

Insurance brokerage service income

-

-

-

-

-

-

-

-

-

1,097

1,020

691

364

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer service fees

11,074

10,127

9,813

9,750

9,479

9,538

9,699

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of securities, net

0

-

0

-

0

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer service fees

-

-

-

-

-

-

-

-

-

-

-

5,949

4,210

-

3,078

2,596

2,599

2,586

901

922

943

971

794

895

940

1,009

1,271

1,276

1,241

1,196

1,174

1,195

1,245

1,284

1,362

1,362

0

0

0

Mortgage banking activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

Debit card service charges and fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,673

1,632

1,606

1,584

1,556

1,560

1,580

1,572

1,559

1,538

1,482

1,462

1,412

1,354

1,305

1,277

1,258

1,171

0

0

0

Gain on sales of securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,617

3,263

2,151

1,334

943

862

625

403

683

902

808

676

763

1,222

1,636

1,938

2,210

2,606

2,471

2,689

2,931

2,443

0

0

0

Bank-owned life insurance income

2,048

2,053

2,051

2,059

1,917

1,821

1,702

1,577

1,586

1,539

1,328

1,145

877

703

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Customer derivative income

2,616

2,028

1,524

1,241

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

2,538

2,561

3,992

4,576

4,752

4,655

3,458

2,833

2,633

2,573

1,063

649

709

671

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other-than-temporary impairment ("OTTI") losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

1,170

1,906

2,476

2,689

2,796

2,108

1,607

0

0

0

Non-credit portion of OTTI losses (before taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Non-credit portion of OTTI losses (before taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

317

397

0

0

-

0

-

-

-

-

Non-credit portion of OTTI losses (before taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Net OTTI losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

853

-1,151

0

0

-

0

-

0

0

-

Other operating income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,054

946

861

824

1,065

977

953

924

686

694

704

688

710

692

676

700

650

632

0

0

0

Total non-interest income

31,323

29,069

28,713

28,196

27,864

27,935

27,003

26,837

26,274

25,982

21,499

17,911

14,967

12,349

12,420

11,076

9,965

8,979

8,406

8,194

7,984

7,758

8,042

8,151

7,732

7,566

7,486

7,859

7,959

7,709

7,483

7,249

6,760

6,792

7,346

7,077

0

0

0

Non-interest expense
Salaries and employee benefits

46,365

45,000

42,837

41,804

40,494

40,964

41,219

40,505

40,257

39,589

35,192

30,407

25,079

19,775

19,288

19,079

18,549

17,884

17,632

17,258

17,272

16,836

16,347

16,123

15,536

15,227

15,194

14,839

14,452

14,027

13,641

13,238

12,888

12,814

12,335

11,987

0

0

0

Occupancy and equipment

15,248

14,214

13,123

13,074

12,699

12,386

12,230

11,564

11,468

11,061

9,339

7,795

6,118

4,610

6,338

5,732

5,147

4,569

2,224

2,182

2,159

2,143

2,125

2,099

2,048

1,968

1,958

1,884

1,761

1,682

1,544

1,486

1,488

1,514

1,470

1,457

0

0

0

Loss on premises and equipment, net

-110

-18

-21

-21

0

-

0

0

-

-94

-126

-343

-343

-248

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Furniture and equipment expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,289

2,274

2,218

2,166

2,124

2,061

2,008

2,005

1,971

1,852

1,873

1,778

1,693

1,722

1,657

1,660

1,658

1,661

0

0

0

Credit and debit card expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

448

440

428

429

406

393

385

384

379

380

375

367

352

340

326

310

306

289

0

0

0

FDIC insurance assessments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

849

-

792

745

710

699

710

720

690

696

760

822

864

853

838

843

1,020

1,099

1,137

1,161

0

0

0

Outside services

1,941

1,818

2,089

2,121

2,259

2,408

2,377

2,828

2,963

3,000

2,557

1,831

1,254

767

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Professional services

2,319

2,191

2,279

1,795

1,585

1,474

1,314

1,519

1,648

1,655

1,762

1,584

1,805

1,489

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Communication

875

821

810

838

859

804

950

1,115

1,101

1,289

1,134

880

861

586

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Marketing

1,965

1,872

1,712

1,687

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of intangible assets

910

861

828

828

828

828

830

835

839

812

670

459

249

92

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition, restructuring and other expenses

8,420

8,317

4,428

1,459

1,393

1,728

-1,996

-1,720

525

3,302

7,755

7,729

5,762

2,650

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

14,219

13,525

14,330

13,631

13,156

13,204

10,956

11,208

11,002

10,979

10,602

9,273

7,515

5,718

5,024

5,090

5,786

6,070

7,161

7,039

6,911

6,938

6,830

6,769

6,732

6,580

6,569

6,778

6,792

6,911

6,756

6,320

6,175

5,884

5,593

5,652

0

0

0

Total non-interest expense

93,468

89,733

83,026

77,532

75,311

75,539

69,706

69,386

70,747

72,726

68,920

60,084

48,769

35,935

33,632

32,702

31,572

30,908

30,546

29,938

29,698

29,211

28,542

28,165

27,399

26,860

26,831

26,555

26,117

25,618

24,824

23,949

23,554

23,281

22,499

22,207

0

0

0

Income before income taxes

27,359

26,829

31,306

36,557

39,734

40,499

46,607

47,753

46,680

42,623

30,479

23,769

20,299

20,809

22,540

22,537

21,810

21,120

20,676

20,687

20,667

20,527

20,779

20,178

19,167

18,374

17,705

17,542

17,495

17,410

16,923

16,531

15,968

15,505

16,155

15,469

0

0

0

Income tax expense

4,299

4,209

5,273

6,569

7,328

7,562

14,681

16,180

17,086

16,630

8,511

6,786

5,561

5,876

6,723

6,421

6,132

5,967

5,889

5,964

5,960

5,914

6,004

5,737

5,413

5,191

4,956

4,958

4,976

4,944

4,896

4,862

4,631

4,462

4,633

4,245

0

0

0

Net income

23,060

22,620

26,033

29,988

32,406

32,937

31,926

31,573

29,594

25,993

21,968

16,983

14,738

14,933

15,817

16,116

15,678

15,153

14,787

14,723

14,707

14,613

14,775

14,441

13,754

13,183

12,749

12,584

12,519

12,466

12,027

11,669

11,337

11,043

11,522

11,224

0

0

0

Earnings per share:
Preferred stock dividends and accretion of discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

Net income available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

Basic (in dollars per share)

0.50

0.28

0.32

0.39

0.47

0.49

0.58

0.55

0.51

0.43

0.56

0.43

0.29

0.28

0.40

0.48

0.49

-0.27

0.66

0.65

0.65

0.53

0.65

0.65

0.64

0.28

0.60

0.54

0.82

-0.35

0.86

0.80

0.82

0.61

0.78

0.72

0.75

0.76

0.72

Diluted (in dollars per share)

0.50

0.27

0.32

0.39

0.47

0.49

0.58

0.55

0.50

0.43

0.56

0.42

0.29

0.28

0.40

0.47

0.48

-0.26

0.65

0.64

0.64

0.51

0.65

0.65

0.64

0.27

0.59

0.54

0.82

-0.34

0.86

0.79

0.81

0.62

0.77

0.72

0.74

0.75

0.71

Weighted average common shares outstanding:
Basic (in shares)

15,558

15,554

15,547

15,538

15,523

15,517

15,503

15,482

15,448

15,449

15,420

15,393

14,471

9,165

9,063

9,031

9,013

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted (in shares)

15,592

15,594

15,581

15,585

15,586

15,551

15,580

15,571

15,553

15,551

15,510

15,506

14,591

9,159

9,161

9,129

9,121

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-