CARVER BANCORP INC CARV Income Statement

Carver bancorp inc (CARV)

Income statement / TTM

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
19,031	18,765	19,107	19,470	19,754	20,585	21,451	21,917	23,115	23,329	23,456	24,257	24,137	24,919	25,169	24,358	23,418	21,628	20,454	19,974	19,983	20,718	20,981	20,734	20,590	20,503	20,726	21,398	22,252	23,343	24,815	25,930	28,213	29,818	31,546	33,792	0	0	0
Mortgage-backed securities
1,253	1,363	1,348	1,265	1,134	986	950	970	1,000	985	886	806	721	689	740	761	783	789	784	799	834	884	977	1,034	982	950	940	971	1,068	1,132	1,199	1,302	1,440	1,621	1,804	1,993	0	0	0
Investment securities
1,039	1,175	1,270	1,252	1,118	955	786	680	644	655	694	764	893	1,036	1,182	1,295	1,340	1,368	1,356	1,339	1,310	1,278	1,297	1,321	1,364	1,400	1,359	1,211	1,005	770	579	489	434	425	403	357	0	0	0
Money market investments
666	760	967	1,243	1,396	1,363	1,124	792	537	421	341	299	259	228	185	150	120	132	183	215	219	205	182	159	0	0	0	-	-	-	259	215	0	0	0	-	-	-	-
Money market investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	0	0	0
Total interest income
21,989	22,063	22,692	23,230	23,402	23,889	24,311	24,359	25,296	25,390	25,377	26,126	26,010	26,872	27,276	26,564	25,661	23,917	22,777	22,327	22,346	23,085	23,437	23,248	23,106	23,029	23,204	23,785	24,544	25,528	26,852	27,936	30,264	31,958	33,860	36,245	0	0	0
Interest expense:
Deposits
4,763	4,871	5,089	5,232	5,158	4,968	4,522	4,106	3,792	3,685	3,658	3,661	3,701	3,576	3,428	3,269	3,069	2,969	2,907	2,853	2,901	2,854	2,822	2,797	2,836	3,010	3,229	3,508	3,761	3,962	3,993	4,023	4,154	4,451	5,018	5,529	0	0	0
Advances and other borrowed money
1,002	901	840	909	984	1,068	1,165	1,174	1,193	1,218	1,216	1,257	1,349	1,363	1,381	1,336	1,198	1,140	1,101	1,089	1,081	1,094	1,111	1,154	1,225	1,282	1,339	1,370	2,501	2,944	3,424	4,030	3,504	3,679	3,835	3,926	0	0	0
Total interest expense
5,765	5,772	5,929	6,141	6,142	6,036	5,687	5,280	4,985	4,903	4,874	4,918	5,050	4,939	4,809	4,605	4,267	4,109	4,008	3,942	3,982	3,948	3,933	3,951	4,061	4,292	4,568	4,878	6,262	6,906	7,417	8,053	7,658	8,130	8,853	9,455	0	0	0
Net interest income
16,224	16,291	16,763	17,089	17,260	17,853	18,624	19,079	20,311	20,487	20,503	21,208	20,960	21,933	22,467	21,959	21,394	19,808	18,769	18,385	18,364	19,137	19,504	19,297	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0
Provision for (recovery of) loan losses
24	-316	-274	-270	-273	65	20	135	651	517	353	29	-402	454	1,257	1,495	1,208	-671	-2,027	-2,842	-2,345	-2,246	-2,038	-426	-4,439	-3,785	-2,720	-3,327	4,438	4,949	11,396	16,342	19,085	25,214	26,036	27,114	0	0	0
Net interest income after provision for (recovery of) loan losses
16,200	16,607	17,037	17,359	17,533	17,788	18,604	18,944	19,660	19,970	20,150	21,179	21,362	21,479	21,210	20,464	20,186	20,479	20,796	21,227	20,709	21,383	21,542	19,723	23,484	22,522	21,356	22,234	13,844	13,673	8,039	3,541	3,521	-1,386	-1,029	-324	0	0	0
Non-interest income:
Depository fees and charges
3,249	3,265	3,308	3,337	3,358	3,313	3,310	3,372	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan fees and service charges
328	360	357	341	396	454	528	554	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depository fees and charges
-	-	-	-	-	-	-	-	-	-	-	-	3,267	3,240	3,246	3,112	3,185	3,252	3,367	3,595	3,517	3,482	3,436	3,452	3,470	3,582	3,596	3,480	3,430	3,206	3,065	2,990	2,924	2,909	2,900	2,936	0	0	0
Loan fees and service charges
-	-	-	-	-	-	-	-	-	-	-	-	250	282	367	419	669	837	785	708	728	579	766	970	865	902	792	693	771	804	817	895	1,093	1,073	1,079	1,022	0	0	0
Gain on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	8	52	70	278	552	621	660	452	174	60	0	0	-	0	-	-	764	0	0	0
Gain (loss) on sale of loans, net
77	77	32	29	0	0	0	-	0	0	-	4	4	309	371	499	499	192	0	-	0	0	-	1,319	1,304	2,315	2,704	2,250	1,816	726	292	257	157	137	6	8	0	0	0
Gain on sale of real estate owned, net of market value adjustment
-	-	-	-	-	-	-	-	-	-	-	0	-119	27	17	35	124	19	19	5	69	-121	-205	-257	-801	-652	-568	-808	-291	-382	-504	-216	0	0	0	-	-	-	-
Gain on sale of building, net
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
New Markets Tax Credit (NMTC) fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	1,940	0	0	0
Lower of cost or market adjustment on loans held-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	0	-	-231	-264	-264	-101	-32	-965	-1,495	-1,770	-1,870	-1,105	-575	-300	-200	0	0	0
Other
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	807	849	1,219	1,282	1,146	1,207	939	1,001	854	837	737	667	1,025	999	977	973	1,026	1,163	1,208	1,062	0	0	0
Other
479	639	371	551	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-interest income
4,271	4,633	4,514	4,858	14,375	14,394	14,454	14,359	4,844	4,569	4,687	4,618	4,417	6,087	5,961	6,014	6,460	5,127	5,558	5,568	6,064	5,866	5,881	6,806	6,049	7,380	8,237	7,049	7,096	5,108	3,502	3,654	3,965	5,142	6,559	7,330	0	0	0
Non-interest expense:
Employee compensation and benefits
11,292	11,496	11,798	12,248	12,563	12,764	12,726	12,615	12,712	12,620	12,585	12,462	12,012	11,821	11,513	11,358	11,236	11,312	11,582	11,588	11,538	12,574	12,221	11,802	11,930	10,716	10,774	11,126	11,142	11,329	11,762	12,087	0	0	0	-	-	-	-
Employee compensation and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net occupancy expense
4,428	4,233	4,440	4,255	4,176	4,130	3,648	3,543	3,493	3,449	3,374	3,290	3,727	4,114	4,442	4,695	4,396	4,116	3,950	3,839	4,168	4,136	4,053	4,039	3,575	3,598	3,638	3,625	3,571	3,564	3,618	3,692	3,780	3,805	3,810	3,855	0	0	0
Equipment, net
1,365	1,296	1,253	1,215	1,118	1,037	919	862	863	794	803	798	720	697	661	635	720	799	887	900	957	1,026	983	983	977	993	1,071	1,184	821	836	1,086	1,341	1,395	1,653	1,664	1,659	0	0	0
Data processing
1,751	1,763	1,755	1,774	1,760	1,688	1,700	1,669	1,641	1,635	1,581	1,516	1,409	1,352	1,204	1,100	1,631	1,386	1,206	1,259	643	810	993	1,072	1,160	1,242	1,338	1,176	1,058	0	0	-	0	-	-	-	-	-	-
Consulting fees
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consulting fees
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	772	896	1,060	1,003	941	691	474	506	446	390	411	357	346	448	451	475	640	973	1,183	1,312	0	0	0
Federal deposit insurance premiums
28	141	476	638	1,038	1,031	935	832	608	631	644	663	652	601	571	527	451	505	487	603	849	973	1,165	1,236	1,183	1,190	1,214	1,248	1,347	1,396	1,420	1,531	1,864	1,997	2,036	1,938	0	0	0
Wire fraud loss
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	7,157	6,924	7,317	7,990	8,233	8,581	8,748	7,735	9,270	9,465	9,439	10,522	10,450	10,686	10,981	11,047	10,088	9,759	9,739	9,677	0	0	0
Other
6,840	6,887	7,286	7,474	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total non-interest expense
25,603	26,251	27,463	28,020	28,795	28,667	28,156	27,982	28,544	28,559	28,544	28,531	29,218	29,475	28,906	28,117	26,363	25,938	26,489	27,182	27,329	28,791	28,637	27,373	28,541	27,594	27,885	29,238	29,064	29,536	30,273	30,934	30,717	30,579	30,588	30,758	0	0	0
Loss before income taxes
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	283	-332	-135	-387	-556	-1,542	-1,214	-844	992	2,308	1,708	45	-8,124	-10,755	-18,732	-23,739	-23,231	-26,823	-25,058	-23,752	0	0	0
Income tax expense
33	67	133	133	-24	-27	-63	-33	173	142	112	119	6	73	152	128	190	185	163	166	142	86	45	102	160	222	242	328	230	-842	-693	-961	-2,228	1,093	17,906	15,718	0	0	0
Net loss
-5,165	-5,078	-6,045	-5,936	3,137	3,542	4,965	5,354	-4,213	-4,162	-3,819	-2,853	-249	488	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consolidated net (loss) / income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-553	-698	-1,628	-1,259	-946	832	2,086	1,466	-283	-8,354	-9,913	-18,039	-22,778	0	0	0	-	-	-	-
Net (loss) / income attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-281	-427	-423	-186	-110	218	175	33	-945	-1,185	-1,590	-402	629	744	1,339	203	57	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-272	-271	-1,205	-1,073	-836	0	0	0	-	-	-	-	-23,407	0	0	0	-	-	-	-
Net loss per common share:
Net (loss)/income attributable to Carver Bancorp, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	0	0	0
Change in unrealized gain/loss of securities available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Change in pension obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Total other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total other comprehensive (loss) income, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Total comprehensive loss, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
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
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-