CIVISTA BANCSHARES, INC. CIVBP Income Statement

Civista bancshares, inc. (CIVBP)

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	Sep'10	Jun'10
Interest and dividend income
Loans, including fees
21,673	21,576	20,776	21,657	20,963	20,580	15,833	14,144	13,639	13,987	13,022	12,412	11,777	11,875	11,824	12,170	11,317	11,513	11,755	11,270	10,246	10,182	10,218	9,850	9,782	9,905	9,621	9,537	9,713	9,710	9,901	10,047	10,390	10,396	10,455	10,180	10,573	11,092	11,241
Taxable securities
1,416	1,430	1,712	1,694	1,748	1,702	1,042	1,040	986	981	977	940	847	825	872	821	801	794	810	796	832	833	845	893	872	936	901	920	1,006	1,102	1,120	1,215	1,273	1,277	1,367	1,448	1,398	1,448	1,423
Tax-exempt securities
1,512	1,439	1,449	1,408	1,351	1,304	908	886	878	845	812	784	712	686	664	661	655	666	653	640	624	607	595	580	574	574	579	534	524	520	490	459	426	424	419	405	427	444	477
Federal funds sold and other
401	76	86	167	522	121	103	90	421	25	25	92	356	19	10	87	280	3	5	34	60	1	9	42	87	27	26	34	44	-	18	-	-	-	-	-	-	-	-
Federal funds sold and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	29	38	26	12	16	13	8
Total interest and dividend income
25,002	24,521	24,023	24,926	24,584	23,707	17,886	16,160	15,924	15,838	14,836	14,228	13,692	13,405	13,370	13,739	13,053	12,976	13,223	12,740	11,762	11,623	11,667	11,365	11,315	-	11,127	-	-	11,358	11,529	11,757	12,118	12,135	12,267	12,045	12,414	12,997	13,149
Total interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,025	11,287	-	-	-	-	-	-	-	-	-	-
Interest expense
Deposits
1,985	2,091	2,099	1,976	1,891	1,698	783	570	707	842	607	428	465	515	506	485	490	499	513	533	542	552	552	573	615	655	674	699	760	845	894	998	1,063	1,142	1,233	1,293	1,423	1,721	1,870
Federal Home Loan Bank advances
581	872	1,152	831	597	912	925	482	152	161	276	170	88	93	111	91	110	116	111	94	121	128	236	327	324	330	339	346	343	350	394	393	393	397	401	396	412	598	611
Subordinated debentures
313	329	350	372	372	345	349	338	288	268	268	258	241	233	221	218	212	196	192	193	179	187	190	195	205	164	192	194	190	198	208	215	212	192	189	194	195	212	211
Securities sold under agreements to repurchase and other
8	-	4	5	5	-	5	4	5	-	5	5	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	5	6	-	5	4	5	-	5	4	-	-	5	5	6	-	5	5	5	7	5	9	12	16	16
Total interest expense
2,887	3,300	3,605	3,184	2,865	2,962	2,062	1,394	1,152	1,275	1,156	861	800	847	844	799	818	817	821	824	847	872	983	1,099	1,150	1,154	1,210	1,244	1,299	1,399	1,501	1,611	1,673	1,738	1,828	1,892	2,042	2,547	2,708
Net interest income
22,115	21,221	20,418	21,742	21,719	20,745	15,824	14,766	14,772	14,563	13,680	13,367	12,892	12,558	12,526	12,940	12,235	12,159	12,402	11,916	10,915	10,751	10,684	10,266	10,165	10,288	9,917	9,781	9,988	9,959	10,028	10,146	10,445	10,397	10,439	10,153	10,372	10,450	10,441
Provision for loan losses
2,126	-	150	-	-	-	390	-	-	-	-	-	-	0	0	-1,300	0	0	400	400	400	0	0	750	750	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	300	500	-	1,700	1,465	2,400	2,100	2,000	2,700	3,000	6,100	4,600
Net interest income after provision for loan losses
19,989	20,336	20,268	21,742	21,719	20,355	15,434	14,766	14,772	14,563	13,680	13,367	12,892	12,558	12,526	14,240	12,235	12,159	12,002	11,516	10,515	10,751	10,684	9,516	9,415	10,288	9,617	9,481	9,488	9,124	8,328	8,681	8,045	8,297	8,439	7,453	7,372	4,350	5,841
Noninterest income
Service charges
1,468	1,661	1,726	1,552	1,456	1,496	1,219	1,359	1,134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of securities
-	15	3	10	4	-	-392	6	-	-	-9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on equity securities
-141	40	112	-33	2	-76	27	35	40	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges
-	-	-	-	-	-	-	-	-	-	-	-	1,045	-	1,194	1,391	1,129	1,221	1,262	1,170	1,055	1,073	1,110	1,064	1,010	1,338	1,088	1,066	965	1,086	1,108	1,073	1,062	1,199	1,233	1,089	1,029	1,197	1,148
Net gain (loss) on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	6	-5	-	-5	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on sale of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	107	4	66	80	41	17	0	0	42	-2	-	-	3	-	7	1
Net gain on sale of loans
827	1,006	815	555	331	386	428	474	333	538	472	478	257	409	541	406	394	218	269	415	204	174	239	128	118	-	-	-	199	-	-	-	108	-	53	-	-	-	-
Noninterest income
-	-	-	-	-	-	-	-	-	-	2,723	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ATM/Interchange fees
894	1,185	1,014	951	906	1,030	622	588	554	-	567	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees
1,006	937	975	911	847	1,108	873	836	852	-	787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ATM fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	541	535	508	502	520	515	449	462	481	477	430	246	523	511	460	545	440	439	444	444	473	465	432	472	461
Wealth management fees
-	-	-	-	-	-	-	-	-	-	-	-	707	-	688	666	-	-	659	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	634	-	-	734	767	-	822	786	788	663	735	626	603	567	527	544	525	486	505	520	552	457	481
Bank owned life insurance
250	254	254	252	247	285	147	144	142	144	142	143	144	149	149	151	114	118	116	116	117	118	118	126	130	132	132	144	147	151	151	161	164	165	173	170	135	116	118
Tax refund processing fees
1,900	0	0	550	2,200	0	0	550	2,200	-	-	-	2,200	0	0	550	2,200	0	0	400	1,600	3	6	438	1,877	-	-	46	380	-	-	-	-	-	-	-	-	-	-
Swap fees
338	-	-	-	73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Computer center item processing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	64	-	-	60	71	-	-	60	64	-	61	66
Computer center item processing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	-	-
Other
334	328	530	356	218	357	364	398	361	-	329	-	275	-135	522	370	286	-27	255	302	210	-11	235	254	267	-311	462	333	444	-429	414	522	665	151	167	215	452	210	181
Total noninterest income
6,876	5,626	5,429	5,104	6,284	4,837	3,288	4,390	5,616	3,630	3,465	4,101	5,138	3,144	3,653	4,075	5,260	3,148	3,076	3,652	4,402	2,858	3,012	3,380	4,624	2,939	3,077	2,831	3,215	2,682	2,700	2,852	2,966	2,584	2,664	2,526	2,668	2,520	2,456
Noninterest expense
Compensation expense
10,871	10,096	9,707	9,548	9,805	10,486	12,054	7,385	7,374	7,939	7,389	6,943	6,982	6,270	6,375	6,354	6,324	5,897	6,025	5,809	5,899	5,632	5,654	5,281	5,726	7,919	5,753	5,581	5,505	-	5,207	5,434	-	-	-	-	-	-	-
Salaries, wages and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,961	4,760	5,144	4,889	4,556	4,590	4,113
Net occupancy expense
976	929	902	964	1,040	989	751	862	761	686	690	655	658	691	708	670	631	582	595	615	624	485	510	573	688	523	522	553	611	544	543	519	553	467	549	545	634	604	576
Equipment expense
506	742	561	480	463	585	371	324	374	467	350	418	329	483	494	368	296	472	303	365	363	398	320	361	342	415	291	288	279	326	293	306	298	340	343	396	320	365	365
Contracted data processing
450	530	435	447	419	903	3,150	2,739	348	664	357	429	388	399	397	395	355	429	399	545	448	455	369	392	344	537	265	263	262	257	246	242	217	208	200	204	208	200	222
FDIC assessment
-	-	-1	-	-	-	121	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC assessment
87	-	-	106	192	-	-	116	151	89	115	133	165	14	166	179	252	210	192	225	237	206	212	250	237	228	233	286	261	133	212	251	251	251	240	376	355	395	397
State franchise tax
492	444	499	499	401	338	351	363	318	257	255	255	257	214	251	240	218	186	205	217	239	208	240	230	210	-	-	-	-	-	-	-	-	-	-	-	-	-	-
State franchise tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	319	300	264	302	252	252	253	98	330	300	241	237	250
Professional services
737	694	756	700	694	-4	2,198	1,483	552	582	534	733	451	446	431	517	501	745	597	663	456	523	538	403	391	-364	869	691	481	-380	676	806	403	-19	509	467	302	689	614
Amortization of intangible assets
231	235	235	235	240	281	26	26	33	103	158	158	167	172	172	172	183	188	189	192	142	165	201	201	202	210	212	212	212	232	232	232	278	290	291	291	290	305	305
ATM/Interchange expense
447	-	514	-	378	-	286	-	-	-	-	-	-510	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ATM expense
-	-	-	546	-	-	-	208	218	146	233	214	254	226	183	75	121	110	119	162	283	200	203	200	203	167	167	161	155	224	121	138	147	151	154	154	144	177	182
Marketing
356	300	404	367	340	194	350	320	318	49	240	276	252	118	249	275	287	197	298	308	236	468	434	402	300	478	192	192	193	45	193	192	195	100	157	191	192	188	188
Software maintenance expense
437	-	-	-	349	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
2,266	1,694	2,719	2,747	2,128	977	2,498	2,102	1,758	630	1,846	2,335	1,599	1,417	1,769	1,805	1,739	1,218	1,744	1,832	1,676	1,069	1,980	1,686	1,785	761	1,922	1,819	1,985	1,391	1,239	2,023	1,764	1,020	1,682	1,670	1,946	1,516	1,779
Total noninterest expense
17,856	17,128	16,731	16,639	16,449	16,390	22,156	15,928	12,205	12,386	12,167	12,549	11,502	10,703	11,195	11,050	10,907	10,742	10,666	10,933	10,603	10,482	10,661	9,979	10,428	12,085	10,745	10,346	10,208	9,145	9,214	10,395	9,320	8,928	9,599	9,483	9,188	9,266	8,991
Income before taxes
9,009	8,834	8,966	10,207	11,554	8,802	-3,434	3,228	8,183	5,807	4,978	4,919	6,528	4,999	4,984	7,265	6,588	4,565	4,412	4,235	4,314	-	3,035	2,917	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,611	-	1,949	1,966	2,495	2,661	1,814	1,138	1,691	1,953	1,504	496	852	-2,396	-694
Income tax expense
1,176	994	1,258	1,546	1,885	1,233	-1	214	1,194	1,826	1,318	1,323	1,893	1,368	1,304	2,084	1,863	1,366	1,159	1,113	1,143	857	729	677	899	99	383	309	582	695	430	202	398	464	311	-27	99	-1,003	-435
Net Income
7,833	7,840	7,708	8,661	9,669	7,569	-3,433	3,014	6,989	3,981	3,660	3,596	4,635	3,631	3,680	5,181	4,725	3,199	3,253	3,122	3,171	2,270	2,306	2,240	2,712	1,043	1,566	1,657	1,913	1,966	1,384	936	1,293	1,489	1,193	523	753	-1,393	-259
Preferred stock dividends
-	157	162	164	164	165	192	299	303	309	308	308	319	345	374	391	391	391	391	391	404	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	406	406	655	290	289	290	290	289	316	294	294	297	293	293	293	289	-
Preferred stock dividends and discount accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	294
Net income available to common shareholders
7,833	7,683	7,546	8,497	9,505	7,404	-3,625	2,715	6,686	3,672	3,352	3,288	4,316	3,286	3,306	4,790	4,334	2,808	2,862	2,731	2,767	1,864	1,900	1,834	2,057	753	1,277	1,367	1,623	1,677	1,068	642	999	1,192	900	230	460	-1,682	-553
Earnings per common share, basic
0.47	0.49	0.48	0.54	0.61	0.50	-0.31	0.26	0.65	0.36	0.33	0.32	0.47	0.39	0.41	0.61	0.55	0.36	0.36	0.35	0.36	0.23	0.25	0.24	0.27	-	-	0.18	0.21	-	-	-	-	-	-	-	-	-	-
Earnings per common share, diluted
0.47	0.47	0.46	0.51	0.57	0.54	-0.31	0.24	0.55	0.30	0.29	0.29	0.40	0.33	0.34	0.47	0.43	0.29	0.30	0.29	0.29	0.21	0.21	0.21	0.22	-	-	0.18	0.21	-	-	-	-	-	-	-	-	-	-
Earnings per common share, basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.17	-	-	-	0.14	0.08	-	-	-	-	-	-	-
Wtd avg common shares, basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,707	-	-	-	7,707	-	-	-	-	-	-	-	-
Earnings per common share, basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13	0.15	0.12	0.03	0.06	-0.22	-0.07