Century bancorp inc (CNBKA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income
Loans

22,199

-10,386

22,117

21,680

21,309

-10,998

20,167

19,179

18,267

-9,565

16,658

16,910

15,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available-for-sale, taxable

-

-

-

-

-

-

-

-

-

-23,819

9,447

9,824

9,535

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,045

14,163

14,172

-

14,051

12,470

12,076

-

12,708

12,611

12,449

-

12,856

11,997

11,881

-

14,494

12,572

12,048

-

12,030

12,012

12,105

11,900

12,068

Securities held-to-maturity

15,293

15,030

14,623

14,595

13,788

12,626

11,507

11,135

10,288

-

-

-

-

8,501

8,238

8,128

7,812

8,015

8,834

9,371

8,168

7,841

8,104

8,020

7,780

7,495

6,181

1,419

1,520

1,615

1,744

1,924

1,463

1,221

1,304

1,518

1,773

1,645

1,875

Securities available-for-sale

1,693

-

2,184

2,490

2,631

-

2,500

2,329

1,992

-

1,809

1,723

1,611

-

1,439

1,143

964

-

830

737

732

-

752

794

820

-

1,392

5,571

5,617

-

5,671

5,668

5,715

-

6,042

5,709

5,353

4,618

4,979

Federal funds sold and interest-bearing deposits in other banks

610

847

928

927

1,349

1,259

591

765

883

748

607

349

393

330

283

308

315

108

35

97

196

81

60

129

82

101

120

145

119

173

170

148

139

147

262

358

347

465

403

Total interest income

39,795

40,518

39,852

39,692

39,077

37,453

34,765

33,408

31,430

29,470

28,521

28,806

26,639

24,689

25,005

23,742

23,263

22,496

23,750

22,675

21,172

21,062

21,624

21,554

21,131

20,947

20,549

19,132

19,137

19,738

22,079

20,312

19,365

19,252

19,638

19,597

19,578

18,628

19,325

Interest expense
Savings and NOW deposits

3,725

4,395

5,445

5,877

5,466

3,979

2,972

2,583

2,223

1,842

1,727

1,500

1,227

1,161

1,083

938

838

768

729

692

628

628

642

660

609

652

674

649

610

594

562

560

534

525

583

719

712

940

1,093

Money market accounts

5,572

5,365

5,050

5,412

5,343

4,883

3,652

2,934

2,453

1,723

1,395

1,234

1,274

1,057

909

781

795

762

760

734

782

682

725

669

639

677

681

582

532

547

603

618

605

588

636

777

705

876

1,089

Time deposits

3,172

3,080

3,038

2,893

2,793

2,743

2,571

2,531

2,363

2,271

2,095

1,902

1,651

1,490

1,464

1,394

1,358

1,293

1,231

1,207

1,156

1,106

1,089

1,141

1,085

1,120

1,089

1,234

1,334

1,476

1,493

1,600

1,681

2,071

2,512

2,494

2,279

2,162

1,876

Securities sold under agreements to repurchase

626

775

697

490

385

319

288

188

181

144

129

120

103

109

122

126

115

116

129

128

114

107

90

93

101

93

89

89

90

93

94

88

92

89

82

98

110

116

131

Other borrowed funds and subordinated debentures

1,499

1,572

1,852

1,770

1,652

1,824

2,078

1,973

1,742

1,788

1,822

1,945

1,928

2,110

2,213

2,247

2,307

2,335

2,285

2,200

2,085

2,317

2,333

2,237

2,183

2,300

2,218

2,066

2,026

2,085

2,107

2,057

2,051

1,960

1,987

1,994

1,845

1,946

1,994

Total interest expense

14,594

15,187

16,082

16,442

15,639

13,748

11,561

10,209

8,962

7,768

7,168

6,701

6,183

5,927

5,791

5,486

5,413

5,274

5,134

4,961

4,765

4,840

4,879

4,800

4,617

4,842

4,751

4,620

4,592

4,795

4,859

4,923

4,963

5,233

5,800

6,082

5,651

6,040

6,183

Net interest income

25,201

25,331

23,770

23,250

23,438

23,705

23,204

23,199

22,468

21,702

21,353

22,105

20,456

18,762

19,214

18,256

17,850

17,222

18,616

17,714

16,407

16,222

16,745

16,754

16,514

16,105

15,798

14,512

14,545

14,943

17,220

15,389

14,402

14,019

13,838

13,515

13,927

12,588

13,142

Provision for loan losses

1,075

550

75

250

375

450

0

450

450

450

450

490

400

200

375

350

450

0

0

0

200

400

600

450

600

460

750

750

750

900

1,250

900

1,100

950

1,200

1,200

1,200

1,200

1,450

Net interest income after provision for loan losses

24,126

24,781

23,695

23,000

23,063

23,255

23,204

22,749

22,018

21,252

20,903

21,615

20,056

18,562

18,839

17,906

17,400

17,222

18,616

17,714

16,207

15,822

16,145

16,304

15,914

15,645

15,048

13,762

13,795

14,043

15,970

14,489

13,302

13,069

12,638

12,315

12,727

11,388

11,692

Other operating income
Service charges on deposit accounts

2,296

2,419

2,310

2,282

2,209

2,292

2,137

2,064

2,067

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

2,016

-

1,983

1,962

1,937

1,944

1,941

1,934

1,913

1,995

2,022

2,012

2,034

2,073

2,064

2,034

1,942

1,993

1,977

1,922

1,988

2,031

2,031

1,936

1,887

2,003

1,952

Lockbox fees

930

955

937

992

1,089

970

892

621

791

923

735

861

771

733

759

883

789

753

782

888

788

754

723

845

777

733

736

838

772

705

745

781

699

641

658

734

737

745

748

Net gains on sales of securities

-

-

53

7

-

0

105

0

197

-

47

-

-

-

19

45

-

-

52

118

-

-

-

-

-

354

1,001

781

883

-

529

442

148

-

-

-

-

-

-

Gains on sales of mortgage loans

-

258

0

139

15

-

-

-

-

0

0

269

101

-

533

798

-

292

225

418

99

536

133

81

7

326

247

821

170

-

166

131

-

-

-

-

-

-

-

Net gains on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

695

883

198

164

-

649

Other income

1,084

779

986

1,577

1,114

554

1,035

1,037

1,138

727

1,071

1,087

1,021

627

931

955

928

655

830

852

705

391

880

677

652

443

726

747

667

367

688

712

784

-107

931

973

747

664

756

Total other operating income

4,310

4,689

4,286

4,997

4,427

4,164

4,169

3,722

4,193

4,410

3,942

4,291

3,909

3,700

4,225

4,643

3,654

4,448

3,830

4,210

3,505

4,428

3,758

3,615

3,470

4,186

4,774

5,221

4,434

4,153

4,105

3,988

3,619

4,361

4,503

3,841

3,535

3,412

4,105

Operating expenses
Salaries and employee benefits

11,371

11,393

10,670

10,916

11,035

10,379

10,570

10,536

11,225

9,420

9,933

10,370

10,794

8,156

10,544

10,040

9,776

9,895

10,087

9,480

9,134

8,764

8,681

8,776

8,875

9,386

8,858

8,382

8,618

8,211

8,400

8,191

8,141

7,682

7,357

7,250

7,341

6,844

7,850

Occupancy

1,515

1,560

1,463

1,522

1,701

1,513

1,481

1,461

1,637

1,477

1,427

1,495

1,741

1,508

1,509

1,551

1,579

1,495

1,499

1,517

1,605

1,398

1,341

1,322

1,442

1,285

1,240

1,193

1,282

1,236

1,161

1,176

1,122

1,126

1,059

975

1,251

937

998

Equipment

837

798

862

795

783

777

781

780

794

647

782

757

706

758

772

679

636

677

697

659

593

620

552

585

572

552

554

610

582

501

627

544

583

535

608

534

558

454

533

FDIC Assessments

-

-

-

349

373

-

-

359

383

363

340

440

438

399

343

592

568

550

554

545

503

494

502

494

480

478

462

450

400

435

450

445

407

413

413

464

735

785

740

Other

4,450

4,455

4,467

4,682

4,298

3,787

4,516

4,023

3,962

4,085

3,723

4,135

4,046

5,335

3,462

3,426

3,124

3,177

3,263

3,565

2,703

3,230

2,900

2,912

2,790

2,989

2,881

3,027

2,583

2,896

3,070

3,095

2,547

2,946

2,618

2,552

2,325

2,293

2,477

Total operating expenses

18,173

18,213

17,462

18,264

18,190

17,185

17,348

17,159

18,001

15,992

16,205

17,197

17,725

16,156

16,630

16,288

15,683

15,794

16,100

15,766

14,538

14,506

13,976

14,089

14,159

14,690

13,995

13,662

13,465

13,279

13,708

13,451

12,800

12,702

12,055

11,775

12,210

11,313

12,598

Income before income taxes

10,263

11,257

10,519

9,733

9,300

10,234

10,025

9,312

8,210

9,670

8,640

8,709

6,240

6,106

6,434

6,261

5,371

5,876

6,346

6,158

5,174

5,744

5,927

5,830

5,225

5,141

5,827

5,321

4,764

4,917

6,367

5,026

4,121

4,728

5,086

4,381

4,052

3,487

3,199

(Benefit) Provision for income taxes

597

526

435

267

-118

309

444

314

501

9,645

617

552

144

-394

-52

20

64

-95

180

233

215

121

221

231

293

116

308

295

288

139

685

255

313

539

504

184

327

220

238

Net income

9,666

10,731

10,084

9,466

9,418

9,925

9,581

8,998

7,709

25

8,023

8,157

6,096

6,500

6,486

6,241

5,307

5,971

6,166

5,925

4,959

5,623

5,706

5,599

4,932

5,025

5,519

5,026

4,476

4,778

5,682

4,771

3,808

4,189

4,582

4,197

3,725

3,267

2,961

Share data:
Weighted average number of shares outstanding, basic

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,540

5,535

5,530

Weighted average number of shares outstanding, diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,541

5,537

5,532

Basic earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.67

0.59

0.54

Diluted earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.67

0.59

0.54

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

3,652

3,650

3,650

3,620

3,610

3,608

3,608

3,608

3,608

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares outstanding, diluted

5,567

5,567

5,567

5,567

5,567

5,567

5,567

5,567

5,567

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share

2.10

2.33

2.19

2.06

2.05

2.16

2.09

1.96

1.68

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share

1.74

1.93

1.81

1.70

1.69

1.78

1.72

1.62

1.38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

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

1,915

1,916

1,917

1,947

1,957

1,959

1,959

1,959

1,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted average number of shares outstanding, diluted

1,915

1,916

1,917

1,947

1,957

1,959

1,959

1,959

1,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share

1.05

1.16

1.09

1.03

1.03

1.09

1.04

0.98

0.84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted earnings per share

1.05

1.16

1.09

1.03

1.03

1.09

1.04

0.98

0.84

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-