Century bancorp inc (CNBKA)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income
Loans

54,720

46,615

39,103

34,324

32,136

32,198

33,214

34,983

36,772

40,163

43,113

Loans, non-taxable

33,167

31,936

26,910

23,440

19,992

17,910

16,082

16,432

11,324

8,271

5,086

Securities available-for-sale, taxable

7,125

6,748

4,987

3,003

1,900

2,601

13,024

22,286

22,782

18,958

20,439

Securities available-for-sale, non-taxable

1,087

1,587

1,119

1,051

583

282

286

340

211

391

698

Federal Home Loan Bank of Boston dividends

953

1,116

872

966

658

283

59

77

46

-

-

Securities held-to-maturity

58,036

45,556

38,348

32,679

34,388

31,745

16,615

6,746

5,816

7,158

8,093

Federal funds sold and interest-bearing deposits in other banks

4,051

3,498

2,097

1,236

436

352

485

630

1,114

1,642

2,171

Total interest income

159,139

137,056

113,436

96,699

90,093

85,371

79,765

81,494

78,065

76,583

79,600

Interest expense
Savings and NOW deposits

21,183

11,757

6,296

4,020

2,817

2,539

2,585

2,250

2,539

4,072

5,258

Money market accounts

21,170

13,922

5,626

3,542

3,038

2,715

2,472

2,373

2,706

3,942

6,100

Time deposits

11,804

10,208

7,919

5,706

4,887

4,421

4,777

6,250

9,356

7,914

9,438

Securities sold under agreements to repurchase

2,347

976

496

472

487

391

361

367

379

573

576

Other borrowed funds and subordinated debentures

6,846

7,617

7,483

8,877

8,905

9,070

8,610

8,300

7,786

8,316

10,351

Total interest expense

63,350

44,480

27,820

22,617

20,134

19,136

18,805

19,540

22,766

24,817

31,723

Net interest income

95,789

92,576

85,616

74,082

69,959

66,235

60,960

61,954

55,299

51,766

47,877

Provision for loan losses

1,250

1,350

1,790

1,375

200

2,050

2,710

4,150

4,550

5,575

6,625

Net interest income after provision for loan losses

94,539

91,226

83,826

72,707

69,759

64,185

58,250

57,804

50,749

46,191

41,252

Other operating income
Service charges on deposit accounts

9,220

8,560

8,586

7,907

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

7,732

8,063

8,113

7,880

7,885

7,876

8,003

Lockbox fees

3,973

3,274

3,290

3,164

3,211

3,099

3,079

2,930

2,770

2,911

2,814

Brokerage commissions

277

348

353

315

380

302

257

364

441

230

140

Net gains on sales of securities

61

302

47

64

594

450

3,019

-

-

-

-

Gains on sales of mortgage loans

412

-

370

1,331

1,034

757

1,564

-

-

-

-

Net gains on sales of securities

-

-

-

-

-

-

-

1,843

1,940

1,851

2,734

Net gains on sales of loans

-

-

-

-

-

-

-

297

660

-

-

Other income

4,456

3,764

3,906

3,441

3,042

2,600

2,583

2,551

2,544

3,131

2,779

Total other operating income

18,399

16,248

16,552

16,222

15,993

15,271

18,615

15,865

16,240

15,999

16,470

Operating expenses
Salaries and employee benefits

44,014

42,710

40,517

38,516

38,596

35,096

35,244

32,943

29,630

28,398

26,919

Occupancy

6,246

6,092

6,140

6,147

6,116

5,503

5,000

4,695

4,411

4,037

4,104

Equipment

3,238

3,132

2,892

2,845

2,626

2,329

2,298

2,255

2,235

2,132

2,372

FDIC Assessments

729

1,471

1,581

1,902

2,152

1,970

1,790

1,737

2,025

2,965

3,336

Other

17,902

16,288

15,989

15,347

12,708

11,832

11,480

11,608

10,441

9,840

9,648

Total operating expenses

72,129

69,693

67,119

64,757

62,198

56,730

55,812

53,238

48,742

47,372

46,379

Income before income taxes

40,809

37,781

33,259

24,172

23,554

22,726

21,053

20,431

18,247

14,818

11,343

(Benefit) Provision for income taxes

1,110

1,568

10,958

-362

533

866

1,007

1,392

1,554

1,244

1,183

Net income

39,699

36,213

22,301

24,534

23,021

21,860

20,046

19,039

16,693

13,574

10,160

Share data:
Weighted average number of shares outstanding, basic

-

-

-

-

-

-

-

-

-

-

5,532

Weighted average number of shares outstanding, diluted

-

-

-

-

-

-

-

-

-

-

5,534

Basic earnings per share

-

-

-

-

-

-

-

-

-

-

1.84

Diluted earnings per share

-

-

-

-

-

-

-

-

-

-

1.84

Class A Common Stock [Member]
Weighted average number of shares outstanding, basic

3,633

3,608

3,604

3,600

-

-

-

-

-

-

-

Weighted average number of shares outstanding, diluted

5,567

5,567

5,567

5,567

-

-

-

-

-

-

-

Basic earnings per share

8.63

7.89

4.86

5.35

-

-

-

-

-

-

-

Diluted earnings per share

7.13

6.50

4.01

4.41

-

-

-

-

-

-

-

Class B Common Stock [Member]
Weighted average number of shares outstanding, basic

1,934

1,959

1,963

1,967

-

-

-

-

-

-

-

Weighted average number of shares outstanding, diluted

1,934

1,959

1,963

1,967

-

-

-

-

-

-

-

Basic earnings per share

4.31

3.95

2.43

2.68

-

-

-

-

-

-

-

Diluted earnings per share

4.31

3.95

2.43

2.68

-

-

-

-

-

-

-