Bancorp of new jersey, inc. (BKJ)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
INTEREST INCOME
Loans, including fees

33,953

30,707

30,242

30,451

26,879

23,635

21,566

18,903

16,233

Securities

916

862

-

-

-

-

-

-

-

Securities

-

-

751

887

927

1,083

1,782

909

727

Interest-earning deposits in banks

1,234

1,065

412

182

48

70

66

43

39

Federal funds sold and other

9

7

5

6

5

9

8

6

12

TOTAL INTEREST INCOME

36,112

32,641

31,410

31,526

27,859

24,797

23,422

19,861

17,011

INTEREST EXPENSE
Savings and interest bearing transaction accounts

2,245

1,756

1,523

1,244

999

796

521

229

170

Time deposits

6,459

5,577

5,026

6,332

5,397

5,303

5,554

4,513

4,166

Borrowed funds

607

278

425

465

215

-

-

-

-

Short term

-

-

-

-

-

-

-

3

-

TOTAL INTEREST EXPENSE

9,311

7,611

6,974

8,041

6,611

6,099

6,075

4,745

4,336

NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES

26,801

25,030

24,436

23,485

21,248

18,698

17,347

15,116

12,675

Provision for loan losses

1,150

400

1,570

924

3,075

810

1,198

1,183

1,335

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

25,651

24,630

22,866

22,561

18,173

17,888

16,149

13,933

11,340

NON-INTEREST INCOME
Fees and service charges

420

448

-

-

-

-

-

-

-

Losses on disposition of fixed assets

-35

-

-

-

-

-

-

-

-

Fees and service charges on deposit accounts

-

-

491

324

207

178

170

193

185

Fees earned from mortgage referrals

-

-

-

-

-

6

2

14

21

Losses on sale of securities

-

-

-

-15

-16

195

243

-

127

TOTAL NON-INTEREST INCOME

420

448

491

309

191

-

-

-

-

TOTAL NON-INTEREST INCOME

-

-

-

-

-

379

415

4

333

NON-INTEREST EXPENSE
Salaries and employee benefits

10,075

9,012

8,338

7,634

6,503

5,495

4,971

4,356

3,946

Occupancy and equipment expense

3,345

2,966

2,755

2,805

2,608

2,415

2,029

1,577

1,487

FDIC premiums and related expenses

547

729

868

911

399

360

327

458

524

Legal fees

612

398

260

287

217

177

242

170

-

Other real estate owned expenses

12

70

95

226

54

-

-

-

387

Loss on sale of other real estate owned

-

-

-

-

-

-

-

-203

-

Professional fees

895

1,248

1,543

774

444

330

313

407

380

Data processing

1,052

1,433

1,201

974

817

747

695

566

463

Other expenses

2,418

1,975

2,162

1,916

1,411

1,034

1,040

857

863

TOTAL NON-INTEREST EXPENSE

18,956

17,831

17,222

15,527

12,453

10,558

9,617

8,391

8,050

Income before provision for income taxes

7,115

7,247

6,135

7,343

5,911

7,709

6,947

5,546

3,623

Income tax expense

1,634

3,673

2,134

2,535

2,121

3,055

2,747

2,224

1,472

Net income

5,481

3,574

4,001

4,808

3,790

4,654

4,200

3,322

2,151

PER SHARE OF COMMON STOCK
Basic (in dollars per share)

0.77

0.55

0.64

0.79

0.71

0.88

0.81

0.64

0.41

Diluted (in dollars per share)

0.77

0.54

0.64

0.79

0.70

0.87

0.81

0.64

0.41