BANCORPSOUTH INC BXS Income Statement

Bancorpsouth inc (BXS)

Income statement / TTM

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	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
INTEREST REVENUE:
Loans and leases
458,572	450,578	444,370	440,677	435,652	431,133	425,483	419,813	415,821	411,416	407,950	404,559	401,376	397,531	396,093	396,441	399,377	406,478	415,691	425,611	435,252	443,575	452,730	461,076	470,182	479,455	487,184	496,782	504,565	510,295	0	0	0
Deposits with other banks
1,124	1,319	1,292	1,070	941	568	465	438	499	531	492	532	730	972	1,368	1,694	1,924	2,013	1,912	1,711	1,434	1,238	980	701	671	547	456	355	153	96	0	0	0
Federal funds sold and securities purchased under agreement to resell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	167	334	547	655	606	465	255	0	0	0
Taxable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13,080	21,570	30,580	34,877	36,278	39,478	42,576	0	0	0
Tax-exempt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,638	8,590	11,174	11,295	10,409	9,650	9,221	0	0	0
Available-for-sale securities:
Taxable
29,342	28,153	26,653	25,191	24,636	24,937	25,352	26,308	26,187	26,343	27,052	27,755	29,289	30,861	32,133	33,286	34,052	35,163	36,946	39,408	42,460	46,303	46,566	43,989	40,044	34,654	32,233	32,033	32,789	33,728	0	0	0
Tax-exempt
10,428	10,812	11,174	11,625	11,991	12,319	12,730	13,075	13,409	13,790	14,124	14,462	14,801	15,060	15,302	15,547	15,820	16,063	16,362	16,658	16,733	16,754	14,415	10,983	7,640	4,305	3,267	3,275	3,272	3,303	0	0	0
Loans held for sale
4,693	4,703	4,644	4,616	4,565	4,689	4,823	4,744	4,649	4,206	3,537	2,949	2,334	2,145	2,183	2,539	2,919	3,162	3,162	3,033	2,839	2,497	2,316	2,219	2,486	2,743	2,965	3,024	2,820	3,146	0	0	0
Total interest revenue
504,159	495,565	488,133	483,179	477,785	473,646	468,853	464,378	460,565	456,286	453,155	450,257	448,530	446,569	447,079	449,507	454,092	462,881	474,076	486,424	498,722	510,369	524,400	537,853	551,517	564,005	572,932	582,762	593,192	602,620	0	0	0
INTEREST EXPENSE:
Deposits:
Interest bearing demand
11,986	10,865	9,869	9,246	8,898	8,746	8,800	8,820	8,724	8,471	8,114	7,851	7,817	7,922	8,440	9,645	11,197	13,025	14,787	16,111	17,260	18,695	20,549	22,646	25,371	28,629	32,341	35,187	36,763	37,919	0	0	0
Savings
1,919	1,887	1,855	1,826	1,790	1,759	1,734	1,703	1,680	1,659	1,635	1,614	1,590	1,563	1,583	1,705	1,924	2,227	2,496	2,697	2,838	2,980	3,099	3,211	3,355	3,408	3,513	3,576	3,622	3,668	0	0	0
Other time
14,837	14,679	14,390	14,162	13,808	13,793	14,184	14,837	15,933	17,370	18,792	20,675	22,968	25,156	27,578	29,729	31,732	33,943	36,547	39,797	44,152	49,507	55,517	61,709	68,432	74,703	79,953	83,999	89,706	95,094	0	0	0
Federal funds purchased and securities sold under agreement to repurchase
1,775	1,194	844	662	584	515	441	383	360	340	335	331	326	322	312	297	285	278	274	274	278	300	369	458	571	685	765	841	983	1,195	0	0	0
Long-term debt
5,407	4,485	3,694	3,082	2,678	2,347	2,238	2,285	2,307	2,348	2,411	2,463	2,465	2,354	2,084	1,803	1,547	1,410	1,427	1,446	1,464	1,475	2,303	3,459	4,661	5,829	6,188	6,545	7,853	9,195	0	0	0
Junior subordinated debt
196	386	573	747	731	709	687	667	661	657	654	659	729	1,989	4,687	7,376	10,010	11,461	11,480	11,502	11,504	11,490	11,471	11,451	11,444	11,463	11,465	11,461	11,481	11,529	0	0	0
Other
-3	-4	0	-	0	0	-	-	0	-	-	-	-	0	-	3	-2	6	6	6	7	7	6	6	6	8	10	11	159	133	0	0	0
Total interest expense
36,122	33,499	31,229	29,727	28,490	27,871	28,085	28,696	29,668	30,846	31,943	33,595	35,896	39,307	44,685	50,558	56,699	62,350	67,017	71,833	77,503	84,454	93,314	102,940	113,840	124,725	134,235	141,620	150,567	158,733	0	0	0
Net interest revenue
468,037	462,066	456,904	453,452	449,295	445,775	440,768	435,682	430,897	425,440	421,212	416,662	412,634	407,262	402,394	398,949	397,393	400,531	407,059	414,591	421,219	425,915	431,086	434,913	437,677	439,280	438,697	441,142	442,625	443,887	0	0	0
Provision for credit losses
3,500	3,000	4,000	4,000	3,000	0	-7,000	-13,000	0	0	0	-	-	-	-	7,500	13,500	19,000	22,000	28,000	41,250	60,362	86,602	130,081	154,124	183,862	213,976	204,016	183,237	145,981	0	0	0
Net interest revenue, after provision for credit losses
464,537	459,066	452,904	449,452	446,295	445,775	447,768	448,682	443,897	435,440	426,212	416,662	412,634	406,762	398,894	391,449	383,893	381,531	385,059	386,591	379,969	365,553	344,484	304,832	283,553	255,418	224,721	237,126	259,388	297,906	0	0	0
NONINTEREST REVENUE:
Mortgage banking
42,965	47,143	48,895	41,735	31,325	22,577	28,793	35,530	28,258	32,857	27,844	22,671	29,026	27,222	36,025	44,977	52,560	60,975	54,123	56,919	48,659	33,667	24,630	17,069	26,267	36,608	32,301	29,745	13,631	18,692	0	0	0
Credit card, debit card and merchant fees
37,076	37,022	36,952	37,010	37,162	37,152	36,955	36,533	37,040	36,730	35,999	35,303	33,706	33,568	33,325	33,005	32,806	32,242	31,705	31,705	31,363	36,074	39,550	42,373	44,541	41,129	39,199	37,663	36,614	36,156	0	0	0
Deposit service charges
39,739	40,664	41,976	43,301	45,181	46,018	46,527	46,765	47,467	48,428	49,338	50,622	51,654	52,222	52,609	52,905	53,210	53,720	54,593	56,877	60,414	63,559	66,418	66,670	66,112	67,399	69,796	70,690	72,885	72,635	0	0	0
Security gains, net
1,138	1,134	1,197	128	137	169	124	136	106	91	55	37	48	25	23	46	169	213	387	442	308	2,316	12,184	12,127	11,639	11,919	1,289	2,569	3,039	754	0	0	0
Insurance commissions
118,391	117,969	115,646	115,955	115,594	115,984	116,500	116,744	116,772	117,434	116,736	114,842	110,863	105,417	102,658	97,700	96,805	96,524	93,626	90,138	89,052	87,545	87,522	86,918	85,515	84,328	83,053	82,172	84,293	84,043	0	0	0
Wealth management
21,236	21,162	21,234	21,169	21,143	21,398	21,559	22,660	23,316	23,813	24,234	23,940	26,416	26,409	26,282	23,576	27,419	24,463	21,800	20,872	11,870	11,623	11,334	12,186	11,910	11,839	11,696	11,149	10,512	9,769	0	0	0
Other
20,518	19,682	19,272	19,732	19,770	20,294	18,922	19,600	21,136	21,067	21,738	21,731	19,045	19,131	19,343	22,857	17,873	20,611	22,873	23,196	32,917	31,434	33,256	33,502	33,500	33,959	31,789	30,156	31,671	41,322	0	0	0
Total noninterest revenue
281,063	284,776	285,172	279,030	270,312	263,592	269,380	277,968	274,095	280,420	275,944	269,146	270,758	263,994	270,265	275,066	280,842	288,748	279,107	280,149	274,583	266,218	274,894	270,845	279,484	287,181	269,123	264,144	252,645	263,371	0	0	0
NONINTEREST EXPENSE:
Salaries and employee benefits
329,377	328,846	327,924	328,217	323,415	323,885	322,969	322,469	319,043	315,142	310,124	307,828	306,543	302,622	306,165	306,696	308,433	309,730	309,107	304,624	297,933	294,955	287,436	282,880	278,348	274,729	272,776	271,688	276,061	277,921	0	0	0
Occupancy, net of rental income
41,394	41,463	41,117	41,088	41,228	41,635	41,945	41,866	41,932	41,426	41,252	41,345	40,780	40,827	41,159	41,109	41,817	42,401	42,311	42,140	41,812	42,012	41,757	42,362	42,715	42,609	42,904	43,008	43,060	42,514	0	0	0
Equipment
13,921	13,992	13,849	14,046	14,052	14,371	15,100	15,309	15,736	16,199	16,344	16,869	17,171	17,521	17,937	18,386	19,397	19,925	20,464	20,849	20,648	20,911	21,382	21,707	22,058	22,235	22,517	22,598	22,992	23,324	0	0	0
Deposit insurance assessments
9,062	9,790	10,111	9,915	10,727	9,691	9,486	9,509	9,309	9,243	8,901	8,190	8,447	9,647	10,551	11,755	12,171	12,844	13,899	16,478	19,049	18,832	21,274	21,316	21,537	22,508	20,434	19,259	16,766	21,372	0	0	0
Regulatory settlement
-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Voluntary early retirement expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off and amortization of bond issue cost
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,995	3,021	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepayment penalty on FHLB borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-
Other
122,459	123,536	124,634	128,495	146,042	144,015	144,713	150,758	135,586	146,845	152,011	144,174	143,237	138,352	136,566	143,058	154,472	158,650	162,912	164,949	162,197	161,877	157,523	155,437	146,788	141,754	137,929	130,480	127,379	122,046	0	0	0
Total noninterest expense
516,213	517,627	517,635	532,038	545,741	543,874	544,490	539,911	521,606	528,855	528,632	518,406	516,190	511,888	526,185	534,849	550,238	554,629	548,884	549,193	541,830	538,740	539,303	533,633	521,224	513,613	496,560	487,033	486,258	487,177	0	0	0
Income before income taxes
229,387	226,215	220,441	196,444	170,866	165,493	172,658	186,739	196,386	187,005	173,524	167,402	167,202	158,868	142,974	131,666	114,497	115,650	115,282	117,547	112,722	93,031	80,075	42,044	41,813	28,986	-2,716	14,237	25,775	74,100	0	0	0
Income tax expense
76,207	74,746	72,169	63,716	54,639	52,740	54,884	59,248	61,404	57,588	52,952	50,652	51,414	47,001	41,220	37,551	31,100	33,285	33,048	33,252	32,104	24,304	19,146	4,475	1,701	-10,452	-16,768	-8,705	-2,852	22,866	0	0	0
Net income
153,180	151,469	148,272	132,728	116,227	112,753	117,774	127,491	134,982	129,417	120,572	116,750	115,788	111,867	101,754	94,115	83,397	82,365	82,234	84,295	80,618	68,727	60,929	37,569	40,112	39,438	14,052	22,942	28,627	51,234	0	0	0
Earnings per share:
Basic (in dollars per share)
0.43	0.41	0.41	0.40	0.40	0.37	0.24	0.23	0.36	0.41	0.33	0.30	0.30	0.32	0.30	0.29	0.26	0.22	0.22	0.18	0.25	0.22	0.25	0.17	0.14	0.15	-0.01	0.20	0.13	-0.15	0.10	0.26	0.41
Diluted (in dollars per share)
0.43	0.41	0.41	0.40	0.40	0.37	0.24	0.23	0.36	0.41	0.33	0.29	0.30	0.32	0.30	0.29	0.26	0.22	0.22	0.18	0.25	0.22	0.25	0.17	0.14	0.15	-0.01	0.19	0.13	-0.15	0.10	0.26	0.41
Dividends declared per common share (in dollars per share)
0.14	0.13	0.13	-	0.13	0.10	0.10	-	0.10	0.07	0.07	-	0.08	0.05	0.05	-	0.05	0.01	0.01	-	0.01	0.01	0.01	-	0.01	0.01	0.11	-	0.22	0.22	0.22	0.22	0.22