Capitol Federal Financial, Inc. CFFN Income Statement

Capitol federal financial, inc. (CFFN)

Income statement / Quarterly

Mar'20	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	Jun'10
INTEREST AND DIVIDEND INCOME:
Loans receivable
69,613	69,914	70,366	71,434	71,657	70,772	66,922	64,893	64,194	64,189	64,329	64,013	63,106	61,945	61,516	60,840	60,732	60,223	59,761	58,922	58,198	58,619	58,405	57,474	57,117	56,948	56,425	56,627	56,936	58,467	58,218	57,547	59,785	60,675	62,019	62,393	61,554	65,943	68,990
Mortgage-backed securities (MBS)
5,866	6,102	6,293	6,613	6,301	6,523	6,056	5,921	5,390	5,252	5,435	5,821	6,191	6,362	6,860	7,401	7,702	7,831	8,260	8,849	9,537	10,001	10,535	11,206	11,597	11,962	12,376	13,419	14,446	15,183	16,470	18,144	18,169	18,373	18,953	19,619	17,320	15,440	16,864
Dividend Income, Operating
1,714	1,826	2,156	1,865	1,831	1,971	1,847	2,819	3,201	3,095	3,080	3,114	3,100	2,939	3,044	3,050	3,006	3,152	3,167	3,132	3,076	3,181	2,678	1,452	1,229	1,196	1,131	1,151	1,105	1,128	5,537	1,111	-1,111	-1,091	6,501	-925	-883	-902	-1,005
Investment securities
1,382	1,507	1,585	1,835	1,505	1,441	1,275	1,307	1,094	994	1,061	1,063	1,131	1,107	1,401	1,506	1,485	1,533	1,920	1,914	1,673	1,675	1,711	1,739	1,869	2,066	2,251	2,439	2,457	2,865	3,409	3,783	4,115	4,637	4,456	5,103	4,743	4,775	4,565
Cash and cash equivalents
380	687	2,885	464	743	1,714	1,213	7,221	7,895	7,114	6,669	5,619	4,132	2,969	2,774	2,730	2,707	1,620	1,303	1,357	1,393	1,424	905	50	45	62	40	39	36	33	75	60	94	51	85	43	441	187	61
Total interest and dividend income
78,955	80,036	83,285	82,211	82,037	82,421	77,313	82,161	81,774	80,644	80,574	79,630	77,660	75,322	75,595	75,527	75,632	74,359	74,411	74,174	73,877	74,900	74,234	71,921	71,857	72,234	72,223	73,675	74,980	77,676	79,305	80,645	83,274	84,827	86,594	88,083	84,941	87,247	91,485
INTEREST EXPENSE:
Deposits
17,804	17,962	17,471	16,909	16,096	15,725	14,597	13,587	12,480	11,961	11,313	10,895	10,364	10,396	10,098	9,749	9,213	8,799	8,390	8,377	8,207	8,145	8,081	8,124	8,076	8,323	8,614	9,009	9,344	9,849	10,480	11,068	11,835	12,787	14,602	15,516	16,069	17,381	19,149
Borrowings
12,483	13,377	-	-	13,344	14,395	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FHLB borrowings
-	-	-	12,981	-	-	11,930	18,501	18,772	17,917	18,099	17,884	16,771	16,117	16,262	16,361	16,394	16,074	16,539	17,072	17,198	16,988	16,217	14,826	15,311	16,863	16,902	17,377	17,909	18,628	19,403	19,859	20,443	22,339	22,660	22,539	21,968	23,131	24,417
Other borrowings
-	-	-	640	-	-	709	640	633	1,392	1,504	1,487	1,471	1,503	1,503	1,487	1,487	1,504	1,542	1,712	1,693	1,731	1,963	2,773	2,743	2,803	2,901	2,885	3,407	3,569	3,569	3,530	3,530	4,327	5,467	5,720	6,348	6,730	7,032
Total interest expense
30,287	31,339	33,474	30,530	29,440	30,120	27,236	32,728	31,885	31,270	30,916	30,266	28,606	28,016	27,863	27,597	27,094	26,377	26,471	27,161	27,098	26,864	26,261	25,723	26,130	27,989	28,417	29,271	30,660	32,046	33,452	34,457	35,808	39,453	42,729	43,775	44,385	47,242	50,598
NET INTEREST INCOME
48,668	48,697	49,811	51,681	52,597	52,301	50,077	49,433	49,889	49,374	49,658	49,364	49,054	47,306	47,732	47,930	48,538	47,982	47,940	47,013	46,779	48,036	47,973	46,198	45,727	44,245	43,806	44,404	44,320	45,630	45,853	46,188	47,466	45,374	43,865	44,308	40,556	40,005	40,887
Provision for Loan and Lease Losses
22,075	225	300	450	0	0	0	0	0	0	0	0	0	0	-750	0	0	0	0	323	275	173	427	307	160	515	-500	-800	0	233	0	0	1,500	540	1,650	1,240	520	650	1,816
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES
26,593	48,472	49,511	51,231	52,597	52,301	50,077	49,433	49,889	49,374	49,658	49,364	49,054	47,306	48,482	47,930	48,538	47,982	47,940	46,690	46,504	47,863	47,546	45,891	45,567	43,730	44,306	45,204	44,320	45,397	45,853	46,188	45,966	44,834	42,215	43,068	40,036	39,355	39,071
NON-INTEREST INCOME:
Revenue from contracts with customers
3,500	4,000	4,200	4,300	3,800	4,300	-	-	-	-	-	-	3,582	3,709	-	3,725	3,558	3,814	3,845	3,798	3,471	3,783	3,881	3,792	3,454	3,810	3,973	3,856	3,521	3,992	3,957	3,940	3,854	4,164	4,044	3,961	3,561	3,943	4,681
Income from bank-owned life insurance (BOLI)
-	-	-	590	-	-	555	510	276	534	564	573	573	523	610	648	1,459	703	-	251	252	-	992	333	330	338	-	377	361	382	345	334	387	412	476	512	504	332	351
Insurance commissions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	537	973	549	-	827	1,204	558	588	787	979	571	559	870	774	569	817	548	888	818	573
Loan fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	340	357	374	-	367	404	450	415	427	418	467	479	499	560	575	584	589	621	655	670
Other non-interest income
1,488	1,751	2,018	1,953	1,369	1,446	1,179	999	1,487	859	1,401	1,055	1,418	1,036	1,343	1,056	1,609	1,049	4,099	219	224	551	5,046	300	335	344	1,900	374	665	356	489	437	597	432	513	490	570	569	-
Other income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,479
Total non-interest income
4,671	5,504	5,859	5,674	5,001	5,424	5,820	5,424	5,433	5,358	5,895	5,460	5,573	5,268	5,691	5,429	6,626	5,566	5,461	5,145	5,277	5,257	6,109	5,619	5,727	5,500	5,756	5,821	5,944	5,768	5,829	6,080	6,172	6,152	6,434	6,100	6,144	6,317	7,754
NON-INTEREST EXPENSE:
Salaries and employee benefits
13,235	13,471	13,940	13,454	12,789	12,962	12,932	11,936	11,167	10,528	11,049	11,210	10,544	10,634	10,774	10,829	10,288	10,487	11,382	11,038	10,412	10,477	11,378	10,929	10,724	10,726	12,679	12,137	12,155	12,181	11,545	11,517	10,586	10,587	11,809	12,046	11,067	9,991	10,858
Information technology and related expense
4,268	4,141	4,080	4,652	4,284	4,599	3,683	3,363	3,622	3,331	2,758	2,922	2,768	2,834	2,657	2,716	2,609	2,558	2,634	2,573	2,585	2,568	2,444	2,373	2,320	2,292	2,132	2,293	2,232	2,198	2,001	1,918	1,834	1,830	-	-	-	-	-
Occupancy, net
3,449	3,207	3,264	3,224	3,292	3,252	3,064	2,787	2,839	2,765	2,716	2,659	2,764	2,675	2,682	2,606	2,616	2,672	2,507	2,557	2,461	2,419	2,606	2,479	2,634	2,549	2,735	2,427	2,391	2,318	2,406	2,175	2,091	2,079	-	-	-	-	-
Advertising and promotional
1,359	1,410	1,647	1,447	1,390	760	1,522	1,490	1,337	685	1,398	1,322	1,263	690	1,419	1,053	983	1,154	1,840	1,069	749	889	1,370	942	877	1,006	1,805	1,186	1,004	1,032	1,257	923	841	910	1,089	1,110	693	831	1,295
Regulatory and outside services
1,297	1,343	1,566	1,425	1,056	1,766	1,790	1,628	1,151	1,140	1,827	1,383	1,265	1,346	1,645	1,370	1,144	1,486	1,480	1,365	1,206	1,296	1,582	1,437	1,157	1,396	1,428	1,391	1,290	1,765	1,595	1,148	1,113	1,435	1,653	1,243	1,139	1,189	927
Occupancy, information technology, and communications
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,168	3,977	3,876	3,703
Deposit and loan transaction costs
678	711	596	681	465	736	1,464	1,437	1,313	1,407	1,366	1,304	1,228	1,386	1,466	1,449	1,396	1,274	1,352	1,435	1,256	1,374	1,353	1,326	1,263	1,387	1,351	1,286	1,384	1,526	1,549	1,357	1,245	1,230	1,498	1,033	1,274	1,352	1,238
Office supplies and related expense
592	519	555	689	736	459	549	455	442	442	511	492	541	437	624	545	584	887	528	499	588	473	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal insurance premium
0	0	-615	600	659	528	765	813	847	852	888	879	878	894	918	1,377	1,399	1,382	1,403	1,342	1,468	1,282	1,272	1,078	1,103	1,083	1,125	1,107	1,116	1,114	1,135	1,133	1,084	1,092	1,078	1,158	1,128	1,858	1,835
Low income housing partnerships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,057	721	1,321	773	1,168	492	1,366	1,546	450	547	323	1,096	-	-	-	-	-	-	-	-	-	-	-	-	-
Contribution to Capitol Federal Foundation ("Foundation")
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	40,000	-
Other non-interest expense
1,286	1,698	1,297	1,519	1,470	1,720	988	602	880	886	966	474	686	701	720	661	1,086	917	968	736	768	818	-1,009	1,269	1,427	1,252	171	1,775	1,645	2,607	2,646	2,734	3,175	2,904	1,865	2,344	3,577	4,241	768
Total non-interest expense
26,164	26,500	26,330	27,691	26,141	26,782	26,757	24,511	23,598	22,036	23,479	22,645	21,937	21,597	23,962	23,327	23,426	23,590	25,262	23,106	22,859	23,142	23,542	22,380	21,828	22,787	25,387	23,602	23,217	24,741	24,134	22,905	21,969	22,067	23,022	23,102	22,855	63,338	20,624
INCOME BEFORE INCOME TAX EXPENSE
5,100	27,476	29,040	29,214	31,457	30,943	29,140	30,346	31,724	32,696	32,074	32,179	32,690	30,977	30,211	30,032	31,738	29,958	28,139	28,729	28,922	29,978	30,113	29,130	29,466	26,443	24,675	27,423	27,047	26,424	27,548	29,363	30,169	28,919	25,627	26,066	23,325	-17,666	26,201
INCOME TAX EXPENSE
824	4,965	6,631	6,317	6,903	6,560	7,751	7,974	8,394	860	11,472	10,809	11,103	10,399	9,513	9,481	10,211	9,240	9,354	9,127	9,688	9,506	9,903	9,147	9,778	8,630	8,608	9,428	9,332	8,861	9,812	10,690	10,854	10,130	8,861	8,807	7,689	-6,408	9,443
Net Income (Loss) Attributable to Parent
4,276	22,511	22,409	22,897	24,554	24,383	21,389	22,372	23,330	31,836	20,602	21,370	21,587	20,578	20,698	20,551	21,527	20,718	18,785	19,602	19,234	20,472	20,210	19,983	19,688	17,813	16,067	17,995	17,715	17,563	17,736	18,673	19,315	18,789	16,766	17,259	15,636	-11,258	16,758
Earnings Per Share, Basic
0.03	0.16	0.15	0.17	0.18	0.18	0.15	0.17	0.17	0.24	0.16	0.16	0.16	0.15	0.16	0.15	0.16	0.16	0.15	0.14	0.14	0.15	0.16	0.14	0.14	0.12	0.11	0.13	0.12	0.12	0.11	0.12	0.12	0.12	0.11	0.10	0.10	-0.07	0.10
Earnings Per Share, Diluted
0.03	0.16	0.15	0.17	0.18	0.18	0.15	0.17	0.17	0.24	0.16	0.16	0.16	0.15	0.16	0.15	0.16	0.16	0.15	0.14	0.14	0.15	0.16	0.14	0.14	0.12	0.11	0.13	0.12	0.12	0.11	0.12	0.12	0.12	0.11	0.10	0.10	-0.07	0.10
Dividends declared per share
-	-	-	-	-	-	-	-	-	-	-	0.34	0.09	0.38	0.07	0.34	0.09	0.34	0.07	0.34	0.09	0.34	0.06	0.33	0.08	0.51	0.06	0.08	0.08	0.78	0.06	0.08	0.08	0.18	0.07	0.08	0.68	0.80	0.50
Weighted Average Number of Shares Outstanding, Basic
137,968	137,898	-	137,720	137,634	137,550	-	134,484	134,428	134,372	-	134,253	134,066	133,696	-	133,101	132,960	132,822	-	135,745	136,208	136,087	-	138,331	139,489	142,881	-	143,262	145,381	147,882	-	156,962	161,721	161,922	161,818	161,641	161,499	165,540	165,869
Weighted Average Number of Shares Outstanding, Diluted
138,000	137,976	-	137,787	137,690	137,592	-	134,529	134,475	134,467	-	134,359	134,258	133,949	-	133,250	133,031	132,911	-	135,763	136,245	136,115	-	138,334	139,489	142,883	-	143,263	145,381	147,882	-	156,966	161,727	161,930	161,834	161,647	161,507	165,540	165,922
Deposit service fees [Member]
Revenue from contracts with customers
2,783	3,062	3,166	3,131	3,091	3,352	-	3,915	3,670	3,965	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance commissions [Member]
Revenue from contracts with customers
400	691	-	-	541	626	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-