Columbia financial, inc. (CLBK)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16
Interest income:
Loans receivable

64,018

60,211

53,594

51,709

52,260

51,578

48,585

45,865

43,841

43,043

42,891

41,981

40,602

39,374

Debt securities available for sale and equity securities

7,328

7,643

7,736

7,900

7,659

7,350

6,651

4,922

6,415

5,074

4,164

4,354

4,338

4,307

Debt securities held to maturity

2,065

2,090

2,068

2,115

1,907

1,894

1,798

2,991

464

382

68

0

0

0

Federal funds and interest earning deposits

189

189

182

134

89

62

44

584

485

103

185

66

23

34

Federal Home Loan Bank stock dividends

1,090

893

858

874

972

901

617

657

586

567

512

449

466

413

Total interest income

74,690

71,026

64,438

62,732

62,887

61,785

57,695

55,019

51,791

49,169

47,820

46,850

45,429

44,128

Interest expense:
Interest Expense, Deposits

16,800

16,546

16,055

15,250

13,700

11,803

10,420

9,200

8,100

7,631

6,911

6,382

6,072

6,216

Borrowings

7,156

7,031

6,667

6,639

6,824

6,600

6,692

4,810

4,631

4,609

4,949

4,829

4,579

4,508

Total interest expense

23,988

23,598

22,722

21,889

20,503

18,410

17,112

14,004

12,730

12,240

11,860

11,211

10,651

10,724

Net interest income

50,702

47,428

41,716

40,843

42,384

43,375

40,583

41,015

39,061

36,929

35,960

35,639

34,778

33,404

Provision for loan losses

9,568

2,519

1,157

112

436

777

1,500

2,400

2,000

3,400

5,676

375

375

0

Net interest income after provision for loan losses

41,134

44,909

40,559

40,731

41,948

42,598

39,083

38,615

37,061

33,529

30,284

35,264

34,403

33,404

Non-interest income:
Revenue from Contract with Customer, Excluding Assessed Tax

-

-

-

-

-

-

-

-

2,808

-

-

-

-

-

Bank-owned life insurance

1,417

1,351

1,784

1,345

1,320

1,334

1,309

1,493

1,064

1,100

1,091

1,059

1,698

1,087

Loan fees and service charges

728

-

3,038

1,500

820

-

616

451

473

-

519

532

495

452

Gain on securities transactions

370

891

1,256

339

126

0

0

0

116

-60

-2,099

0

0

411

Increase (Decrease) in Equity Securities, FV-NI

-584

-

-59

71

176

-

0

0

0

-

-

-

-

-

Gain on sale of loans

754

-405

382

196

132

-15

0

15

0

0

-959

69

102

409

Gain (loss) on sale of loans

-

-

-

-

-

-

-

-

0

0

-3

39

209

-

Other non-interest income

1,176

2,027

1,258

1,174

1,463

1,335

1,176

1,260

1,172

1,162

1,189

1,198

1,373

960

Total non-interest income

6,391

8,709

10,115

6,775

6,037

6,405

5,290

5,450

4,543

4,733

1,630

4,768

5,758

5,507

Non-interest expense:
Compensation and employee benefits

24,465

22,971

21,362

20,343

19,580

22,722

18,179

18,275

18,050

15,624

16,700

15,304

15,980

15,010

Occupancy

4,795

4,552

3,973

3,824

3,831

3,784

3,529

3,518

3,716

3,382

3,380

3,465

3,431

3,222

Federal deposit insurance premiums

110

-32

40

462

425

489

503

473

428

414

415

412

413

412

Advertising

1,144

621

533

1,390

1,388

995

1,003

1,292

847

1,408

1,564

1,122

681

711

Professional fees

1,366

1,694

1,541

1,431

1,247

1,794

967

1,076

782

398

577

379

180

219

Data processing

765

1,036

658

669

638

656

630

672

642

595

570

577

568

531

Charitable contribution to foundation

-

-

0

0

-

-

0

34,767

-

0

3,251

154

-

120

Merger-related expenses

1,075

1,553

740

462

0

-

0

0

-

0

-

-

-

-

Other non-interest expense

4,788

3,842

2,217

3,260

2,450

573

1,779

1,695

1,550

3,780

3,749

3,413

3,602

3,827

Total non-interest expense

38,508

36,237

31,064

31,841

29,559

31,013

26,590

61,768

26,015

25,601

30,206

24,826

24,855

24,052

Income before income tax expense

9,017

17,381

19,610

15,665

18,426

17,990

17,783

-17,703

15,589

12,661

1,708

15,206

15,306

14,859

Income Tax Expense (Benefit)

2,252

3,832

5,392

3,634

3,507

3,123

6,956

-2,961

3,805

8,983

194

5,934

5,012

4,866

Net Income (Loss) Attributable to Parent

6,765

13,549

14,218

12,031

14,919

14,867

10,827

-14,742

11,784

3,678

1,514

9,272

10,294

9,993

Earnings per share - basic and diluted (in dollars per share)

0.06

0.12

0.13

0.11

0.13

-

0.10

-0.13

-

-

-

-

-

-

Weighted average shares outstanding - basic and diluted (in shares)

108,438

109,943

111,371

111,553

111,536

-

111,389

111,360

-

-

-

-

-

-

Demand deposit account fees
Revenue from Contract with Customer, Excluding Assessed Tax

1,299

1,362

1,106

1,051

959

1,067

1,000

976

944

960

982

922

914

851

Title insurance fees
Revenue from Contract with Customer, Excluding Assessed Tax

1,231

1,491

1,350

1,099

1,041

1,079

1,189

1,255

774

1,017

910

949

967

1,337

Bank Servicing
Revenue

-

-

-

-

-

-

-

-

-

565

-

-

-

-