| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Sep'17 |
|---|---|---|---|---|---|---|---|---|---|
Interest Income | |||||||||
Loans, including fees | |||||||||
49,684 | 48,200 | 47,691 | 46,594 | 45,076 | 44,279 | 42,815 | 0 | 0 | 0 |
Interest income derived from funds time deposited with both domestic and foreign financial institutions including funds in money market and other accounts. | |||||||||
1,454 | 1,709 | 1,564 | 1,211 | 856 | 588 | 561 | 0 | 0 | 0 |
Interest-bearing deposits in other banks | |||||||||
1,501 | 1,800 | 2,043 | 2,161 | 2,105 | 1,933 | 1,556 | 0 | 0 | 0 |
Total interest income | |||||||||
52,639 | 51,709 | 51,298 | 49,966 | 48,037 | 46,800 | 44,932 | 0 | 0 | 0 |
Interest Expense | |||||||||
Deposits | |||||||||
9,367 | 9,516 | 9,232 | 8,642 | 7,799 | 6,994 | 6,144 | 0 | 0 | 0 |
Other borrowings | |||||||||
- | - | 0 | 57 | - | 175 | 234 | 0 | 0 | 0 |
Total interest expense | |||||||||
9,367 | 9,516 | 9,232 | 8,699 | 7,914 | 7,169 | 6,378 | 0 | 0 | 0 |
Net Interest Income | |||||||||
43,272 | 42,193 | 42,066 | 41,267 | 40,123 | 39,631 | 38,554 | 0 | 0 | 0 |
Provision for loan losses | |||||||||
650 | 0 | 100 | 100 | 100 | 200 | 250 | 0 | 0 | 0 |
Net Interest Income After Provision for Loan Losses | |||||||||
42,622 | 42,193 | 41,966 | 41,167 | 40,023 | 39,431 | 38,304 | 0 | 0 | 0 |
Noninterest Income | |||||||||
Amount of revenue earned, classified as secondary market income, excluding interest income. | |||||||||
165 | 164 | 185 | 211 | 209 | 212 | 255 | 0 | 0 | 0 |
The non-interest income earned through service charges on deposit accounts including account maintenance and analysis fees and transaction-based fees. Account maintenance and analysis fees consist primarily of account fees and analyzed account fees charged on deposit accounts on a monthly basis. | |||||||||
451 | 392 | 365 | 343 | 327 | 347 | 342 | 0 | 0 | 0 |
Other | |||||||||
799 | 752 | 739 | 545 | 754 | 772 | 854 | 0 | 0 | 0 |
Total noninterest income | |||||||||
1,415 | 1,308 | 1,289 | 1,099 | 1,290 | 1,331 | 1,451 | 0 | 0 | 0 |
Noninterest Expense | |||||||||
Salaries and employee benefits | |||||||||
21,568 | 21,265 | 20,828 | 8,654 | 8,134 | 8,113 | 8,039 | 0 | 0 | 0 |
Furniture and equipment | |||||||||
886 | 829 | 799 | 752 | 686 | 684 | 737 | 0 | 0 | 0 |
Occupancy | |||||||||
1,795 | 1,677 | 1,569 | 1,452 | 1,362 | 1,310 | 1,199 | 0 | 0 | 0 |
Data and item processing | |||||||||
1,092 | 1,078 | 1,064 | 1,036 | 995 | 966 | 938 | 0 | 0 | 0 |
The amount of expense incurred for accounting, marketing and legal fees during the period. | |||||||||
736 | 757 | 594 | 450 | 418 | 305 | 282 | 0 | 0 | 0 |
Regulatory charges includes FDIC insurance expense and examination and other fees paid to federal and state regulatory authorities. | |||||||||
117 | 126 | 240 | 354 | 448 | 542 | 526 | 0 | 0 | 0 |
Advertising and public relations | |||||||||
671 | 588 | 489 | 481 | 552 | 553 | 476 | 0 | 0 | 0 |
Travel, lodging and entertainment | |||||||||
379 | 368 | 368 | 475 | 548 | 699 | 895 | 0 | 0 | 0 |
Other | |||||||||
1,786 | 1,744 | 1,862 | 1,892 | 1,901 | 1,793 | 1,670 | 0 | 0 | 0 |
Total noninterest expense | |||||||||
29,030 | 28,432 | 27,813 | 15,546 | 15,044 | 14,965 | 14,762 | 0 | 0 | 0 |
Income Before Taxes | |||||||||
15,007 | 15,069 | 15,442 | 26,720 | 26,269 | 25,797 | 24,993 | 0 | 0 | 0 |
Income tax expense | |||||||||
6,847 | 6,844 | 6,157 | 4,206 | 2,502 | 797 | -395 | 0 | 0 | 0 |
Net Income | |||||||||
8,160 | 8,225 | 9,285 | 22,514 | 23,767 | 25,000 | 25,388 | 0 | 0 | 0 |
Basic and diluted (in dollars per share) | |||||||||
- | - | - | - | - | - | - | - | 0.87 | - |
Weighted average common shares outstanding - basic and diluted (in shares) | |||||||||
- | - | - | - | - | - | - | - | 7,287 | - |
Basic (in dollars per share) | |||||||||
0.51 | 0.45 | -0.64 | 0.50 | 0.50 | - | 0.88 | 0.88 | - | 0.82 |
Diluted (in dollars per share) | |||||||||
0.51 | 0.45 | -0.64 | 0.50 | 0.50 | - | 0.87 | 0.88 | - | 0.82 |
Denominator for basic earnings per common share (in shares) | |||||||||
9,972 | 10,056 | 10,149 | 10,187 | 10,187 | - | 7,634 | 7,287 | - | 7,287 |
Denominator for diluted earnings per share (in shares) | |||||||||
9,972 | 10,047 | 10,161 | 10,192 | 10,187 | - | 7,669 | 7,287 | - | 7,287 |