Blue Hills Bancorp, Inc. BHBK Income Statement

Blue hills bancorp, inc. (BHBK)

Income statement / TTM

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
Interest and dividend income:
Interest and fees on loans
94,654	90,228	85,494	81,128	76,701	71,917	67,309	62,732	58,953	55,501	51,897	48,518	45,342	42,902	41,118	39,758	37,382	33,630	29,568	25,063	21,876	0	0	0
Interest on securities
7,609	7,283	6,994	6,757	7,110	7,672	8,345	8,810	8,895	8,798	8,787	8,987	8,828	8,627	8,292	8,058	7,859	7,828	8,017	8,469	8,821	0	0	0
Dividend Income, Operating
803	798	782	780	733	1,534	1,652	1,614	1,596	2,789	4,150	4,107	4,068	4,106	3,821	3,828	3,894	3,123	1,965	2,321	2,329	0	0	0
Other
357	272	245	277	231	211	168	100	94	87	74	70	63	80	136	144	140	119	64	60	66	0	0	0
Interest and Dividend Income, Operating
103,423	98,581	93,515	88,942	84,775	81,334	77,474	73,256	69,538	67,175	64,908	61,682	58,301	55,715	53,367	51,788	49,275	44,700	39,614	35,913	33,092	0	0	0
Interest expense:
Interest on deposits
23,230	20,733	18,465	16,736	15,215	13,846	12,489	11,450	10,488	9,601	8,795	8,056	7,527	7,109	6,559	6,162	5,750	5,565	5,863	6,342	6,803	0	0	0
Interest on borrowings
3,437	3,249	2,960	2,691	2,523	2,295	2,251	2,164	2,088	1,990	1,819	1,533	1,217	1,054	1,042	1,098	1,148	1,210	1,240	1,180	1,168	0	0	0
Interest Expense
26,667	23,982	21,425	19,427	17,738	16,141	14,740	13,614	12,576	11,591	10,614	9,589	8,744	8,163	7,601	7,260	6,898	6,775	7,103	7,522	7,971	0	0	0
Net interest and dividend income
76,756	74,599	72,090	69,515	67,037	65,193	62,734	59,642	56,962	55,584	54,294	52,093	49,557	47,552	45,766	44,528	42,377	37,925	32,511	28,391	25,121	0	0	0
Provision (credit) for loan losses
-1,118	140	564	1,581	2,098	2,344	4,974	4,969	4,885	5,907	4,353	3,784	4,090	2,411	2,531	2,946	3,381	4,113	3,811	3,944	4,094	0	0	0
Net interest and dividend income, after provision (credit) for loan losses
77,874	74,459	71,526	67,934	64,939	62,849	57,760	54,673	52,077	49,677	49,941	48,309	45,467	45,141	43,235	41,582	38,996	33,812	28,700	24,447	21,027	0	0	0
Noninterest income:
Deposit account fees
1,722	1,622	1,534	1,453	1,418	1,402	1,364	1,330	1,327	1,298	1,270	1,298	1,314	1,329	1,347	1,355	1,313	1,135	946	737	579	0	0	0
Interchange and ATM fees
1,770	1,734	1,718	1,652	1,609	1,579	1,542	1,547	1,546	1,536	1,548	1,532	1,511	1,484	1,444	1,438	1,397	1,255	1,079	918	821	0	0	0
Mortgage banking
3,453	3,299	3,471	3,657	3,657	3,541	3,657	2,969	2,473	2,083	873	425	282	536	825	817	784	571	597	0	-	0	0	-
Gain (Loss) on Sale of Mortgage Loans
-	0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Gain on sale of jumbo residential mortgage portfolio loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-
Loan level derivative fee income
1,622	2,532	1,644	2,868	2,792	2,327	2,941	1,896	2,371	2,564	2,307	2,755	2,120	1,444	1,227	514	660	1,007	1,326	1,451	1,392	0	0	0
Net unrealized gains on equity securities
134	322	383	-69	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (losses) on sales and calls of securities, net
0	0	0	928	-94	204	766	502	1,280	1,127	803	406	1,968	2,564	2,675	3,599	2,822	1,543	2,447	1,342	5,091	0	0	0
Gain on exchange of investment in Northeast Retirement Services
653	653	653	653	5,947	5,947	5,947	5,947	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gains on trading assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	252	359	505	0	0	0
Gains on calls of held-to-maturity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Bank-owned life insurance income
1,101	1,088	1,077	1,082	1,063	1,058	1,052	1,048	1,048	1,044	1,040	1,035	1,031	1,024	1,016	1,010	1,006	992	0	0	-	0	-	-
Bank-owned life insurance death benefit gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Pension curtailment gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Gain on sale of premises and equipment
-	0	0	0	-	0	0	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-
Bank-owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Miscellaneous
2,903	2,794	2,653	1,787	808	2,019	1,699	1,821	1,576	486	156	421	453	393	616	250	421	360	232	452	530	0	0	0
Total noninterest income
13,629	14,315	13,286	14,164	17,082	17,959	19,265	17,566	12,127	10,644	8,206	7,872	8,679	8,649	10,329	10,162	9,607	8,071	7,843	9,198	13,011	0	0	0
Noninterest expense:
Salaries and employee benefits
33,873	33,592	32,697	32,097	31,278	30,440	30,057	29,531	28,853	27,468	25,463	23,966	22,570	22,264	22,097	21,668	21,308	20,925	19,450	18,108	16,903	0	0	0
Occupancy and equipment
8,251	8,428	8,381	8,361	8,393	8,460	8,243	7,866	7,370	6,767	6,577	6,388	6,267	5,835	5,368	5,202	5,305	5,159	4,957	4,604	3,996	0	0	0
Data processing
4,183	4,227	4,181	4,149	4,149	4,070	3,962	3,743	3,460	3,381	3,412	3,452	3,510	3,479	3,345	3,203	2,989	2,756	2,417	2,115	1,934	0	0	0
Professional fees
1,559	1,745	1,783	1,859	2,275	2,471	2,874	3,026	2,638	2,682	2,549	2,538	2,689	2,484	2,568	3,024	3,551	3,677	4,281	3,870	3,348	0	0	0
Advertising
1,617	1,815	1,869	1,859	1,922	2,096	2,028	2,258	2,423	2,522	2,647	2,490	2,458	2,335	2,530	2,626	2,427	2,043	1,570	1,566	1,823	0	0	0
FDIC deposit insurance
914	904	909	902	881	818	862	991	1,125	1,160	1,152	1,053	999	1,339	1,437	1,380	1,266	830	598	530	520	0	0	0
Directors’ fees
1,527	1,536	1,535	1,601	1,566	1,561	1,523	1,494	1,458	1,396	1,164	858	644	359	397	460	486	769	744	708	688	0	0	0
Amortization of core deposit intangible
462	556	652	747	843	939	1,034	1,130	1,225	1,320	1,416	1,512	1,607	1,702	1,797	1,892	1,808	1,347	862	353	0	0	0	0
Merger expenses
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charitable foundation contribution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-
Other general and administrative
2,734	3,146	3,095	3,202	2,999	2,775	2,926	3,039	3,194	3,489	3,419	3,267	3,338	3,079	3,237	3,323	3,268	2,997	2,486	2,471	2,327	0	0	0
Noninterest Expense
58,096	57,270	55,102	54,777	54,306	53,630	53,509	53,078	51,746	50,185	47,799	45,524	44,082	42,876	49,776	49,778	49,408	47,623	37,485	34,445	31,659	0	0	0
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest
33,407	31,504	29,710	27,321	27,715	27,178	23,516	19,161	12,458	10,136	10,348	10,657	10,064	10,914	3,788	1,966	-805	-5,740	-942	-800	2,379	0	0	0
Income Tax Expense (Benefit)
8,851	11,382	11,536	11,736	11,226	7,984	6,533	4,688	3,805	3,069	3,101	3,069	2,837	3,354	996	444	-622	-2,193	-972	-1,530	-284	0	0	0
Net Income (Loss) Attributable to Parent
24,556	20,122	18,174	15,585	16,489	19,194	16,983	14,473	8,653	7,067	7,247	7,588	7,227	7,560	2,792	1,522	-183	-3,547	30	730	2,663	0	0	0
Earnings per common share:
Basic earnings per share (dollars per share)
0.23	0.24	0.27	0.27	0.06	0.16	0.16	0.31	0.15	0.07	0.06	0.07	0.10	0.07	0.06	0.05	-	-	-	-	-	-	-	-
Diluted earnings per share (dollars per share)
0.22	0.23	0.26	0.27	0.04	0.16	0.16	0.31	0.16	0.07	0.05	0.07	0.10	0.07	0.06	0.05	-	-	-	-	-	-	-	-
Weighted average shares outstanding:
Weighted average common shares (basic) (shares)
24,397	24,256	24,230	24,172	24,106	23,973	23,952	23,911	23,910	24,129	24,575	25,066	25,508	26,183	26,293	26,274	-	-	-	-	-	-	-	-
Weighted average common shares (diluted) (shares)
25,311	25,242	24,991	24,827	24,797	24,510	24,346	24,275	24,023	24,307	24,699	25,132	25,526	26,183	26,293	26,274	-	-	-	-	-	-	-	-