BANCORP OF NEW JERSEY, INC. BKJ Income Statement

Bancorp of new jersey, inc. (BKJ)

Income statement / TTM

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	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
INTEREST INCOME
Loans, including fees
36,227	35,471	34,561	33,953	33,130	31,965	31,470	30,707	30,085	30,091	29,874	30,242	30,333	30,258	30,635	30,451	30,132	29,854	28,419	26,879	25,717	24,508	23,985	23,635	23,244	22,693	22,189	21,566	20,943	20,227	19,502	18,903	17,993	17,213	0	0	0
Securities
772	833	887	916	937	942	898	862	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities
-	-	-	-	-	-	-	-	-	-	-	751	792	855	876	887	904	901	911	927	938	946	953	1,083	1,316	1,575	1,789	1,782	1,578	1,296	1,076	909	850	820	0	0	0
Federal funds sold and other
570	273	115	9	61	95	124	7	528	285	104	5	200	141	72	6	82	38	10	5	-6	6	14	9	6	6	2	8	29	22	18	6	46	48	0	0	0
TOTAL INTEREST INCOME
38,803	37,811	36,797	36,112	35,193	34,067	33,557	32,641	31,817	31,512	31,123	31,410	31,507	31,436	31,765	31,526	31,166	30,841	29,388	27,859	26,719	25,530	25,022	24,797	24,632	24,340	24,046	23,422	22,593	21,588	20,639	19,861	18,889	18,081	0	0	0
INTEREST EXPENSE
Savings and interest bearing transaction accounts
3,554	3,162	2,708	2,245	1,863	1,757	1,735	1,756	1,734	1,679	1,610	1,523	1,429	1,365	1,298	1,244	1,208	1,138	1,069	999	921	847	822	796	763	741	636	521	416	316	267	229	204	191	0	0	0
Time deposits
7,834	7,110	6,688	6,459	6,273	6,057	5,883	5,577	5,256	5,047	4,850	5,026	5,420	5,811	6,191	6,332	6,198	5,929	5,634	5,397	5,306	5,285	5,284	5,303	5,337	5,402	5,488	5,554	5,454	5,191	4,851	4,513	4,306	4,210	0	0	0
Borrowed funds
1,333	1,135	908	607	412	290	240	278	319	369	411	425	435	436	440	465	440	328	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short term
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
TOTAL INTEREST EXPENSE
12,721	11,407	10,304	9,311	8,548	8,104	7,858	7,611	7,309	7,095	6,871	6,974	7,284	7,612	7,929	8,041	7,896	7,526	7,044	6,611	6,310	6,133	6,106	6,099	6,100	6,143	6,124	6,075	5,870	5,509	5,121	4,745	4,513	4,402	0	0	0
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES
26,082	26,404	26,493	26,801	26,645	25,963	25,699	25,030	24,508	24,417	24,252	24,436	24,223	23,824	23,836	23,485	23,270	23,315	22,344	21,248	20,409	19,397	18,916	18,698	18,532	18,197	17,922	17,347	16,723	16,079	15,518	15,116	14,376	13,679	0	0	0
Provision for loan losses
0	0	-	1,150	0	0	0	-	-	-	-	1,570	1,835	591	854	924	2,257	3,074	3,005	3,075	1,602	1,134	1,110	810	998	1,033	1,043	1,198	1,170	1,210	1,092	1,183	1,328	1,412	0	0	0
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES
25,472	25,764	25,668	25,651	25,315	24,913	24,974	24,630	24,508	23,297	22,982	22,866	22,388	23,233	22,982	22,561	21,013	20,241	19,339	18,173	18,807	18,263	17,806	17,888	17,534	17,164	16,879	16,149	15,553	14,869	14,426	13,933	13,048	12,267	0	0	0
NON-INTEREST INCOME
Fees and service charges
491	472	439	420	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees and service charges
-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees and service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	491	475	371	360	324	292	245	201	207	199	191	187	178	182	183	177	170	153	157	170	193	216	228	0	0	0
Fees earned from mortgage referrals
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	-	-	-	-	-
Losses on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-15	-18	-20	0	-	0	0	-	195	433	0	0	-	0	-	-	-	-	-	-	-	-
TOTAL NON-INTEREST INCOME
491	472	439	420	427	423	425	448	441	532	525	491	475	371	350	309	273	223	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
TOTAL NON-INTEREST INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	329	379	388	629	479	415	410	158	0	-	0	0	-	0	0
NON-INTEREST EXPENSE
Salaries and employee benefits
10,465	10,158	10,114	10,075	9,342	9,251	9,135	9,012	8,896	8,693	8,638	8,338	8,314	8,105	7,814	7,634	7,276	7,095	6,786	6,503	6,184	5,911	5,698	5,495	5,337	5,203	5,065	4,971	4,862	4,724	4,560	4,356	4,242	4,065	0	0	0
Occupancy and equipment expense
3,530	3,468	3,387	3,345	3,328	3,241	3,095	2,966	2,919	2,827	2,792	2,755	2,658	2,672	2,766	2,805	2,827	2,803	2,666	2,608	2,575	2,524	2,501	2,415	2,298	2,245	2,154	2,029	1,917	1,743	1,642	1,577	1,524	1,532	0	0	0
FDIC premiums and related expenses
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC premiums and related expenses
249	474	517	547	570	594	654	729	646	770	832	868	1,206	1,171	1,060	911	635	496	426	399	380	364	361	360	354	352	353	327	317	312	380	458	533	576	0	0	0
Legal fees
1,171	605	549	612	590	615	453	398	323	266	307	260	260	241	188	287	324	300	306	217	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate owned expenses
76	28	8	12	61	68	75	70	33	34	94	95	124	121	61	226	218	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Loss on sale of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Professional fees
1,057	839	881	895	996	1,008	1,009	1,248	1,703	1,836	1,779	1,543	970	811	859	774	640	550	474	444	377	327	306	330	288	385	393	313	340	307	379	407	586	557	0	0	0
Data processing
1,336	1,082	1,006	1,052	1,187	1,335	1,462	1,433	1,250	1,265	1,222	1,201	1,126	1,070	1,022	974	942	901	847	817	795	775	773	747	737	724	714	695	702	661	614	566	495	458	0	0	0
Other expenses
2,022	2,131	2,316	2,418	2,552	2,326	2,150	1,975	1,837	1,927	2,068	2,162	2,032	2,146	1,920	1,916	1,916	1,742	1,604	1,411	1,223	1,048	1,008	1,034	969	1,090	1,082	1,040	1,015	881	913	857	846	868	0	0	0
TOTAL NON-INTEREST EXPENSE
19,906	18,785	18,778	18,956	18,626	18,438	18,033	17,831	17,607	17,618	17,732	17,222	16,690	16,337	15,690	15,527	14,762	14,083	13,331	12,453	11,888	11,258	10,870	10,558	10,225	10,241	10,003	9,617	9,143	8,618	8,478	8,391	8,406	8,236	0	0	0
Income before provision for income taxes
6,057	7,451	7,329	7,115	7,116	6,898	7,366	7,247	7,342	6,211	5,775	6,135	6,173	7,267	7,642	7,343	6,517	6,374	6,188	5,911	7,113	7,192	7,265	7,709	7,697	7,552	7,355	6,947	6,637	6,244	5,931	5,546	4,835	4,236	0	0	0
Income tax expense
1,449	1,598	1,630	1,634	2,947	3,142	3,511	3,673	2,644	2,182	2,004	2,134	2,138	2,554	2,666	2,535	2,161	2,115	2,145	2,121	2,736	2,851	2,885	3,055	3,043	2,981	2,907	2,747	2,633	2,481	2,350	2,224	1,940	1,718	0	0	0
Net income
4,608	5,853	5,699	5,481	4,169	3,756	3,855	3,574	4,698	4,029	3,771	4,001	4,035	4,713	4,976	4,808	4,356	4,259	4,043	3,790	4,377	4,341	4,380	4,654	4,654	4,571	4,448	4,200	4,004	3,763	3,581	3,322	2,895	0	0	0	-
PER SHARE OF COMMON STOCK
Basic (in dollars per share)
0.07	0.18	0.21	0.18	0.24	0.16	0.19	-0.01	0.20	0.19	0.17	0.15	0.11	0.17	0.21	0.16	0.22	0.21	0.20	0.12	0.23	0.20	0.16	0.22	0.23	0.21	0.22	0.23	0.22	0.19	0.17	-	-	-	-	-	-
Diluted (in dollars per share)
0.07	0.18	0.21	0.18	0.24	0.16	0.19	-0.02	0.20	0.19	0.17	0.16	0.11	0.16	0.21	0.16	0.22	0.21	0.20	0.11	0.23	0.20	0.16	0.22	0.23	0.21	0.21	0.23	0.22	0.19	0.17	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Basic and diluted earnings (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.17	0.16	0.12	0.10	0.10