Blue hills bancorp, inc. (BHBK)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Interest and dividend income:
Interest and fees on loans

94,654

76,701

58,953

45,342

37,382

21,876

16,545

Interest on securities

7,609

7,110

8,895

8,828

7,859

8,821

12,280

Dividend Income, Operating

803

733

1,596

4,068

3,894

2,329

2,871

Other

357

231

94

63

140

66

120

Interest and Dividend Income, Operating

103,423

84,775

69,538

58,301

49,275

33,092

31,816

Interest expense:
Interest on deposits

23,230

15,215

10,488

7,527

5,750

6,803

7,259

Interest on borrowings

3,437

2,523

2,088

1,217

1,148

1,168

1,113

Interest Expense

26,667

17,738

12,576

8,744

6,898

7,971

8,372

Net interest and dividend income

76,756

67,037

56,962

49,557

42,377

25,121

23,444

Provision (credit) for loan losses

-1,118

2,098

4,885

4,090

3,381

4,094

2,361

Net interest and dividend income, after provision (credit) for loan losses

77,874

64,939

52,077

45,467

38,996

21,027

21,083

Noninterest income:
Total other than temporary impairment losses

-

-

-

-

-

92

0

Portion of impairment losses on debt securities recognized in other comprehensive income

-

-

-

-

-

0

0

Net impairment losses recognized in earnings

-

-

-

-

307

92

0

Deposit account fees

1,722

1,418

1,327

1,314

1,313

579

516

Interchange and ATM fees

1,770

1,609

1,546

1,511

1,397

821

724

Mortgage banking

3,453

3,657

2,473

282

784

1,290

997

Gain (Loss) on Sale of Mortgage Loans

0

-118

0

0

-

-

-

Gain on sale of jumbo residential mortgage portfolio loans

-

-

-

-

-

-

0

Loan level derivative fee income

1,622

2,792

2,371

2,120

660

1,392

456

Net unrealized gains on equity securities

134

0

0

-

-

-

-

Gains (losses) on sales and calls of securities, net

0

-94

1,280

1,968

2,822

5,091

11,931

Gain on exchange of investment in Northeast Retirement Services

653

5,947

0

0

-

-

-

Gains on trading assets, net

-

-

-

-

25

505

148

Bank-owned life insurance income

1,101

1,063

1,048

1,031

1,006

1,023

1,124

Bank-owned life insurance death benefit gains

0

0

506

0

182

1,872

0

Gain (Loss) on Disposition of Property Plant Equipment

271

0

0

-

-

-

-

Pension curtailment gain

-

-

-

-

1,304

0

0

Miscellaneous

2,903

808

1,576

453

421

530

270

Total noninterest income

13,629

17,082

12,127

8,679

9,607

13,011

16,166

Noninterest expense:
Salaries and employee benefits

33,873

31,278

28,853

22,570

21,308

16,903

12,439

Occupancy and equipment

8,251

8,393

7,370

6,267

5,305

3,996

3,410

Data processing

4,183

4,149

3,460

3,510

2,989

1,934

1,774

Professional fees

1,559

2,275

2,638

2,689

3,551

3,348

2,370

Advertising

1,617

1,922

2,423

2,458

2,427

1,823

1,660

FDIC deposit insurance

914

881

1,125

999

1,266

520

506

Directors’ fees

1,527

1,566

1,458

644

486

688

1,346

Amortization of core deposit intangible

462

843

1,225

1,607

1,808

0

0

Merger expenses

2,976

0

0

-

-

-

-

Charitable foundation contribution

-

-

-

-

7,000

120

611

Other general and administrative

2,734

2,999

3,194

3,338

3,268

2,327

2,167

Noninterest Expense

58,096

54,306

51,746

44,082

49,408

31,659

26,283

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest

33,407

27,715

12,458

10,064

-805

2,379

10,966

Income Tax Expense (Benefit)

8,851

11,226

3,805

2,837

-622

-284

3,112

Net Income (Loss) Attributable to Parent

24,556

16,489

8,653

7,227

-183

2,663

7,854

Earnings per common share:
Basic earnings per share (dollars per share)

1.01

0.69

0.35

0.28

-

-

-

Diluted earnings per share (dollars per share)

0.98

0.67

0.35

0.28

-

-

-

Weighted average shares outstanding:
Weighted average common shares (basic) (shares)

24,264

23,985

24,420

26,064

-

-

-

Weighted average common shares (diluted) (shares)

25,093

24,482

24,540

26,069

-

-

-