CARVER BANCORP INC CARV Income Statement

Carver bancorp inc (CARV)

Income statement / Quarterly

Dec'19	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	Dec'10	Sep'10	Jun'10
Interest income:
Loans
4,906	4,589	4,823	4,713	4,640	4,931	5,186	4,997	5,471	5,797	5,652	6,195	5,685	5,924	6,453	6,075	6,467	6,174	5,642	5,135	4,677	5,000	5,162	5,144	5,412	5,263	4,915	5,000	5,325	5,486	5,587	5,854	6,416	6,958	6,702	8,137	8,021	8,686	8,948
Mortgage-backed securities
276	296	313	368	386	281	230	237	238	245	250	267	223	146	170	182	191	197	191	204	197	192	206	239	247	285	263	187	215	275	294	284	279	342	397	422	460	525	586
Investment securities
190	230	282	337	326	325	264	203	163	156	158	167	174	195	228	296	317	341	341	341	345	329	324	312	313	348	348	355	349	307	200	149	114	116	110	94	105	94	64
Money market investments
120	173	167	206	214	380	443	359	181	141	111	104	65	61	69	64	34	18	34	34	46	69	66	38	32	46	43	-	-	-	69	63	102	25	25	-	-	-	-
Money market investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	49	-	-	-	-	-	-	19	38	21
Total interest income
5,492	5,288	5,585	5,624	5,566	5,917	6,123	5,796	6,053	6,339	6,171	6,733	6,147	6,326	6,920	6,617	7,009	6,730	6,208	5,714	5,265	5,590	5,758	5,733	6,004	5,942	5,569	5,591	5,927	6,117	6,150	6,350	6,911	7,441	7,234	8,678	8,605	9,343	9,619
Interest expense:
Deposits
1,155	1,184	1,205	1,219	1,263	1,402	1,348	1,145	1,073	956	932	831	966	929	935	871	841	781	776	671	741	719	722	719	694	687	697	758	868	906	976	1,011	1,069	937	1,006	1,142	1,366	1,504	1,517
Advances and other borrowed money
308	260	208	226	207	199	277	301	291	296	286	320	316	294	327	412	330	312	282	274	272	273	270	266	285	290	313	337	342	347	344	1,468	785	827	950	942	960	983	1,041
Total interest expense
1,463	1,444	1,413	1,445	1,470	1,601	1,625	1,446	1,364	1,252	1,218	1,151	1,282	1,223	1,262	1,283	1,171	1,093	1,058	945	1,013	992	992	985	979	977	1,010	1,095	1,210	1,253	1,320	2,479	1,854	1,764	1,956	2,084	2,326	2,487	2,558
Net interest income
4,029	3,844	4,172	4,179	4,096	4,316	4,498	4,350	4,689	5,087	4,953	5,582	4,865	5,103	5,658	5,334	5,838	5,637	5,150	4,769	4,252	4,598	4,766	4,748	5,025	4,965	4,559	-	-	-	-	-	-	-	-	-	-	-	-
Net interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,717	4,864	4,830	-	5,057	5,677	5,278	-	6,279	6,856	7,061
Provision for (recovery of) loan losses
8	7	1	8	-332	49	5	5	6	4	120	521	-128	-160	-204	90	728	643	34	-197	-1,151	-713	-781	300	-1,052	-505	831	-3,713	-398	560	224	4,052	113	7,007	5,170	6,795	6,242	7,829	6,248
Net interest income after provision for (recovery of) loan losses
4,021	3,837	4,171	4,171	4,428	4,267	4,493	4,345	4,683	5,083	4,833	5,061	4,993	5,263	5,862	5,244	5,110	4,994	5,116	4,966	5,403	5,311	5,547	4,448	6,077	5,470	3,728	8,209	5,115	4,304	4,606	-181	4,944	-1,330	108	-201	37	-973	813
Non-interest income:
Depository fees and charges
846	811	804	788	862	854	833	809	817	851	895	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan fees and service charges
82	73	88	85	114	70	72	140	172	144	98	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depository fees and charges
-	-	-	-	-	-	-	-	-	-	-	-	847	803	802	815	820	809	668	888	887	924	896	810	852	878	912	828	964	892	796	778	740	751	721	712	725	742	757
Loan fees and service charges
-	-	-	-	-	-	-	-	-	-	-	-	82	85	120	-37	114	170	172	213	282	118	95	233	133	305	299	128	170	195	200	206	203	208	278	404	183	214	221
Gain on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	0	58	-	-	0	1	-	1	3	0	4	45	21	208	278	114	60	0	0	-	0	-	-	0	1	739	24
Gain (loss) on sale of loans, net
0	22	3	52	0	-23	0	-	0	0	-	0	0	-62	66	0	305	0	194	-	0	-2	-	551	98	180	490	536	1,109	569	36	102	19	135	1	2	-1	4	3
Gain on sale of real estate owned, net of market value adjustment
-	-	-	-	-	-	-	-	-	-	-	-10	0	10	0	-129	146	0	18	-40	41	0	4	24	-149	-84	-48	-520	0	0	-288	-3	-91	-122	0	-	-	-	-
Gain on sale of building, net
0	0	0	-	154	154	154	-	18	17	17	-	18	17	17	-	1,203	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
New Markets Tax Credit (NMTC) fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	625	-	-	0	0	-	285	473	370	812
Lower of cost or market adjustment on loans held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-26	-	-	-	1	-	-	-	1	1	-	1	0	-163	-69	-32	0	0	0	-965	-530	-275	-100	-200	0	0	0
Other
-	-	-	-	-	-	-	-	339	127	199	-	150	346	135	-	152	151	141	363	194	521	204	227	255	253	266	80	238	153	196	438	212	131	192	491	349	176	46
Other
37	292	65	85	197	24	245	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-interest income
965	1,198	960	1,148	1,327	1,079	1,304	10,665	1,346	1,139	1,209	1,150	1,071	1,257	1,140	949	2,741	1,131	1,193	1,395	1,408	1,562	1,203	1,891	1,210	1,577	2,128	1,134	2,541	2,434	940	1,181	553	828	1,092	1,492	1,730	2,245	1,863
Non-interest expense:
Employee compensation and benefits
2,799	2,808	2,720	2,965	3,003	3,110	3,170	3,280	3,204	3,072	3,059	3,377	3,112	3,037	2,936	2,927	2,921	2,729	2,781	2,805	2,997	2,999	2,787	2,755	4,033	2,646	2,368	2,883	2,819	2,704	2,720	2,899	3,006	3,137	3,045	-	-	-	-
Employee compensation and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,664	2,901	3,206
Net occupancy expense
1,097	1,147	1,117	1,067	902	1,354	932	988	856	872	827	938	812	797	743	1,375	1,199	1,125	996	1,076	919	959	885	1,405	887	876	871	941	910	916	858	887	903	970	932	975	928	975	977
Equipment, net
392	352	288	333	323	309	250	236	242	191	193	237	173	200	188	159	150	164	162	244	229	252	175	301	298	209	175	295	314	287	288	-68	329	537	543	-14	587	548	538
Data processing
445	421	405	480	457	413	424	466	385	425	393	438	379	371	328	331	322	223	224	862	77	43	277	246	244	226	356	334	326	322	194	-	216	-	-	-	-	-	-
Consulting fees
19	49	79	-	102	69	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting fees
-	-	-	-	-	-	-	-	186	194	240	-	218	76	192	-	245	145	145	237	369	309	88	175	119	92	120	115	63	113	66	104	165	116	90	269	498	326	219
Federal deposit insurance premiums
57	-89	88	-28	170	246	250	372	163	150	147	148	186	163	166	137	135	133	122	61	189	115	238	307	313	307	309	254	320	331	343	353	369	355	454	686	502	394	356
Wire fraud loss
0	-	-	-	453	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	1,906	1,882	1,794	-	2,077	2,127	2,087	-	2,242	1,683	1,421	1,811	2,009	2,076	2,094	2,054	2,357	2,243	1,081	3,589	2,552	2,217	2,164	3,517	2,788	2,512	2,230	2,558	2,459	2,492	2,168
Other
1,613	1,397	1,573	2,257	1,660	1,796	1,761	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-interest expense
6,422	6,085	6,270	6,826	7,070	7,297	6,827	7,601	6,942	6,786	6,653	8,163	6,957	6,771	6,640	8,850	7,214	6,202	5,851	7,096	6,789	6,753	6,544	7,243	8,251	6,599	5,280	8,411	7,304	6,890	6,633	8,237	7,776	7,627	7,294	8,020	7,638	7,636	7,464
Loss before income taxes
-1,436	-1,050	-1,139	-	-1,315	-1,951	-1,030	-	-913	-564	-611	-	-893	-251	362	-	637	-77	458	-735	22	120	206	-904	-964	448	576	932	352	-152	-1,087	-7,237	-2,279	-8,129	-6,094	-6,729	-5,871	-6,364	-4,788
Income tax expense
0	0	0	33	34	66	0	-124	31	30	30	82	0	0	37	-31	67	79	13	31	62	57	16	7	6	16	73	65	68	36	159	-33	-1,004	185	-109	-1,300	2,317	16,998	-2,297
Net loss
-1,436	-1,050	-1,139	-1,540	-1,349	-2,017	-1,030	7,533	-944	-594	-641	-2,034	-893	-251	325	-	570	-156	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consolidated net (loss) / income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-766	-40	63	190	-911	-970	432	503	867	284	-188	-1,246	-7,204	-1,275	-8,314	-5,985	-	-	-	-
Net (loss) / income attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-151	-147	17	-146	-147	90	93	182	-190	-52	-885	-58	-595	1,136	146	57	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	445	-766	111	210	173	-765	-823	342	410	-	-	-	-	-7,146	-680	-9,450	-6,131	-	-	-	-
Net loss per common share:
Net (loss)/income attributable to Carver Bancorp, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	474	-136	-361	-	-	-	-	-	-8,188	-23,362	-2,491
Change in unrealized gain/loss of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	-146	271	-	-	-	-
Change in pension obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-30	-30	-	-	-	-
Total other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	203	-	-	-	-	-	-
Total other comprehensive (loss) income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-176	241	-	-	-	-
Total comprehensive loss, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-477	-9,626	-5,890	-	-	-	-
Loss per Share, Basic (in dollars per share)
-0.39	-0.28	-0.31	-0.41	-0.36	-0.55	-0.28	1.17	-0.26	-0.16	-0.17	-0.50	-0.24	-0.07	0.04	-0.55	0.06	-0.04	0.05	-0.21	0.03	0.06	0.05	-0.21	-0.22	0.09	0.11	0.19	0.13	-0.04	-0.10	82.32	-0.26	-58.67	-37.65	-49.86	-49.58	-141.72	-1.09
Loss per Share, Diluted (in dollars per share)
-0.39	-0.28	-0.31	-0.41	-0.36	-0.55	-0.28	1.17	-0.26	-0.16	-0.17	-0.50	-0.24	-0.07	0.04	-0.55	0.06	-0.04	0.05	-0.21	0.03	0.06	0.05	-0.21	-0.22	0.09	0.11	0.19	0.13	-0.04	-0.10	-	-	-	-	-	-	-	-
Pension plan adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	432	-	-	-	-	-	-	-	-	-	-	-	-	-	-