Cobiz financial inc (COBZ)
Income statement / TTM
Jun'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:
Interest and fees on loans

135,584

132,377

127,995

123,558

119,512

116,321

114,612

112,683

110,317

108,832

107,622

105,988

104,682

102,356

98,627

95,147

92,521

90,083

89,071

88,456

87,525

87,056

86,505

86,365

86,656

87,450

88,451

89,904

91,491

0

0

0

Interest and dividends on investment securities:
Taxable securities

14,256

13,811

13,488

13,003

12,486

11,793

11,713

11,935

12,137

12,339

12,487

12,771

13,218

13,977

14,810

15,738

16,265

16,479

16,607

16,538

16,975

18,123

19,209

20,392

21,272

21,830

22,426

22,183

22,146

0

0

0

Nontaxable securities

889

737

781

764

752

839

730

739

798

704

609

483

319

300

271

219

152

89

38

19

15

15

15

15

14

12

13

18

30

0

0

0

Dividends on securities

638

687

675

645

600

536

561

596

588

489

432

436

496

553

507

441

363

301

294

293

276

278

286

294

285

256

244

278

347

0

0

0

Interest on federal funds sold and other

287

271

248

243

224

179

166

131

113

133

116

118

109

104

102

115

115

114

117

110

113

114

113

103

105

119

130

147

162

0

0

0

Total interest income

151,654

147,883

143,187

138,213

133,574

129,668

127,782

126,084

123,953

122,497

121,266

119,796

118,824

117,290

114,317

111,660

109,416

107,066

106,127

105,416

104,904

105,586

106,128

107,169

108,332

109,667

111,264

112,530

114,176

0

0

0

INTEREST EXPENSE:
Interest on deposits

4,487

4,019

4,019

3,980

3,952

3,936

3,854

3,758

3,678

3,650

3,640

3,673

3,727

3,774

3,866

3,969

4,129

4,314

4,616

4,980

5,396

5,804

6,161

6,484

6,834

7,415

8,021

9,146

10,533

0

0

0

Interest on short-term borrowings and securities sold under agreements to repurchase

1,518

1,368

1,205

1,108

870

456

494

549

535

375

214

188

276

419

441

473

459

439

450

468

485

499

548

619

707

755

824

926

1,002

0

0

0

Interest on subordinated debentures and notes payable

7,400

7,391

7,389

7,385

7,380

7,376

7,383

7,378

7,375

6,568

5,736

4,927

4,118

4,113

4,122

4,122

4,419

4,892

5,360

5,839

6,022

6,023

6,041

6,040

6,038

6,037

6,018

6,022

6,006

0

0

0

Total interest expense

13,405

12,778

12,613

12,473

12,202

11,768

11,731

11,685

11,588

10,593

9,590

8,788

8,121

8,306

8,429

8,564

9,007

9,645

10,426

11,287

11,903

12,326

12,750

13,143

13,579

14,207

14,863

16,094

17,541

0

0

0

NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES

138,249

135,105

130,574

125,740

121,372

117,900

116,051

114,399

112,365

111,904

111,676

111,008

110,703

108,984

105,888

103,096

100,409

97,421

95,701

94,129

93,001

93,260

93,378

94,026

94,753

95,460

96,401

96,436

96,635

0

0

0

Provision for loan losses

779

2,353

3,285

2,689

461

-1,864

-2,101

2,940

4,870

7,579

6,420

156

-1,058

-3,056

-4,155

-7,876

-8,978

-9,102

-8,804

-4,546

-5,498

-6,253

-4,733

-4,016

-1,510

2,292

4,002

10,966

21,410

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

137,470

132,752

127,289

123,051

120,911

119,764

118,152

111,459

107,495

104,325

105,256

110,852

111,761

112,040

110,043

110,972

109,387

106,523

104,505

98,675

98,499

99,513

98,111

98,042

96,263

93,168

92,399

85,470

75,225

0

0

0

NONINTEREST INCOME:
Service charges

6,397

6,534

6,624

6,670

6,563

6,319

6,059

5,932

5,869

5,854

5,862

5,842

5,776

5,715

5,598

5,470

5,405

5,363

5,315

5,259

5,118

4,987

4,903

4,901

4,957

4,960

4,955

4,989

4,984

0

0

0

Investment advisory income

6,522

6,344

6,220

5,999

5,865

5,795

5,714

5,684

5,746

5,787

5,832

5,898

5,838

5,809

5,736

5,646

5,534

5,387

5,077

4,822

4,692

4,348

4,203

3,126

3,241

3,833

4,292

5,558

5,724

0

0

0

Insurance income

13,229

13,518

13,181

13,173

12,955

12,640

12,568

12,219

12,122

12,147

12,047

11,982

11,581

11,338

11,150

10,895

11,135

11,451

11,199

10,923

10,473

9,780

9,680

6,978

7,518

8,289

9,272

12,806

13,383

0

0

0

Investment banking income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,689

4,253

3,825

3,833

5,906

5,858

6,567

7,237

2,600

4,184

0

0

0

Other income

8,384

8,238

7,976

9,166

9,916

10,046

9,819

8,936

7,172

7,249

6,926

6,452

6,935

6,871

5,425

5,683

5,310

5,489

7,015

0

0

0

-

-

-

-

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

4,933

6,313

0

0

0

Total noninterest income

34,532

34,634

34,001

35,008

35,299

34,800

34,160

32,771

30,909

31,037

30,667

30,174

30,130

29,733

27,909

26,363

26,742

27,624

28,606

33,332

31,973

30,118

30,559

27,837

27,488

29,708

30,823

30,886

34,588

0

0

0

NONINTEREST EXPENSE:
Salaries and employee benefits

78,141

75,715

75,088

74,254

73,313

72,962

71,471

70,901

70,044

69,015

69,526

69,048

68,642

67,828

66,008

62,666

63,516

62,841

61,753

63,741

61,177

60,012

59,935

58,297

58,378

60,371

60,363

60,929

61,400

0

0

0

Occupancy expenses, premises and equipment

14,737

14,771

14,665

14,890

15,249

15,081

14,966

14,333

13,679

13,420

13,079

13,136

13,023

13,152

13,100

12,825

12,856

12,624

12,831

13,141

13,159

13,339

13,471

13,263

13,314

13,301

13,219

13,493

13,547

0

0

0

Amortization of intangibles

405

506

600

600

600

600

600

600

600

600

600

600

597

596

597

598

603

613

662

704

817

791

724

583

478

504

531

640

640

0

0

0

FDIC and other assessments

1,402

1,484

1,310

1,357

1,363

1,485

1,692

1,760

1,850

1,822

1,813

1,824

1,738

1,778

1,737

1,672

1,702

1,659

1,690

1,726

1,779

1,729

1,782

2,002

2,173

2,717

3,566

4,271

4,965

0

0

0

Other real estate owned and loan workout costs

0

0

-

295

0

0

-

572

557

518

-

466

644

751

1,066

1,184

992

865

715

891

1,277

1,941

2,326

2,313

2,657

2,536

3,153

4,018

5,140

0

0

0

Net (gain) loss on securities, other assets and other real estate owned

318

282

507

340

444

469

121

147

144

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net other than temporary impairment losses on securities recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

297

561

662

792

771

577

551

0

0

0

Net loss on securities, other assets and other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

3,184

2,267

-418

-683

-2,124

-1,775

-214

65

1,241

1,931

2,215

3,145

3,881

7,099

0

0

0

Other expense

18,743

17,174

16,738

16,705

16,949

16,921

16,623

16,416

16,508

16,056

15,528

14,576

14,129

14,367

14,225

13,522

13,011

12,558

12,578

13,118

12,872

12,696

12,566

11,585

11,524

11,345

11,073

12,344

13,032

0

0

0

Total noninterest expense

113,049

109,350

107,894

107,249

106,900

106,513

105,231

103,860

102,555

100,646

100,177

99,358

97,942

96,090

94,136

92,161

92,653

91,740

90,912

91,197

89,341

90,336

91,166

89,845

91,117

93,781

95,821

100,153

106,374

0

0

0

INCOME BEFORE INCOME TAXES

58,953

58,036

53,396

50,810

49,310

48,051

47,081

40,370

35,849

34,716

35,746

41,668

43,949

45,683

43,816

45,174

43,476

42,407

42,199

40,810

41,131

39,295

37,504

36,034

32,634

29,095

27,401

16,203

3,439

0

0

0

Provision for income taxes

19,763

20,751

20,478

12,781

12,205

11,903

12,182

9,804

8,598

8,614

9,606

12,641

14,343

15,310

15,018

15,536

14,346

14,165

13,909

13,569

14,441

13,672

13,258

-2,835

-4,204

-5,387

-5,808

6,592

1,519

0

0

0

NET INCOME FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

26,102

26,140

29,027

29,606

30,373

28,798

29,638

29,130

28,242

28,290

27,241

26,690

25,623

24,246

0

0

0

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-113

-627

7

776

338

-558

-1,192

-1,961

-1,151

992

773

695

495

0

0

0

-

-

-

-

-

-

Benefit for income taxes

-

-

-

-

-

-

-

-

-

-

-42

-251

25

327

129

-220

-496

-798

-472

366

272

239

171

0

0

0

-

-

-

-

-

-

Net loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-71

-376

-18

449

209

-338

-696

-1,163

-679

626

501

456

324

0

0

0

-

-

-

-

-

-

NET INCOME (LOSS) BEFORE NONCONTROLLING INTEREST

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

LESS: NET (INCOME) LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

NET INCOME

0

0

-

-

0

0

-

-

-

-

26,069

28,651

29,588

30,822

29,007

29,300

28,434

27,079

27,611

27,867

27,191

26,079

24,570

38,993

37,087

34,776

33,462

9,611

1,399

0

0

0

Unrealized gain on securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

Unrealized gain on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

OTHER COMPREHENSIVE INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

UNREALIZED APPRECIATION (DEPRECIATION) ON SECURITIES AVAILABLE FOR SALE AND DERIVATIVE INSTRUMENTS, net of income tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

COMPREHENSIVE INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

NET INCOME AVAILABLE TO COMMON SHAREHOLDERS

-

-

-

0

-

-

-

0

0

-

25,749

28,187

29,013

30,248

28,433

28,727

27,861

26,506

26,667

26,402

25,153

23,467

21,755

36,125

32,401

29,858

28,315

0

0

0

-

-

EARNINGS PER COMMON SHARE:
Basic - Continuing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

0.18

0.20

0.14

0.19

0.17

0.18

0.14

0.16

0.14

0.14

0.10

-

-

-

-

-

-

Diluted - Continuing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.17

0.18

0.20

0.14

0.19

0.17

0.18

0.14

0.16

0.14

0.14

0.10

-

-

-

-

-

-

Basic - Discontinued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted - Discontinued

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

0.01

-0.01

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic earnings per share

0.27

0.31

0.08

0.27

0.23

0.21

0.20

0.25

0.21

0.18

0.11

0.17

0.17

0.18

0.17

0.19

0.21

0.13

-

-

-

-

-

-

-

-

0.57

0.05

0.08

0.06

-0.08

-0.13

Diluted earnings per share

0.27

0.31

0.08

0.27

0.23

0.20

0.20

0.25

0.21

0.18

0.10

0.17

0.17

0.18

0.17

0.19

0.21

0.13

-

-

-

-

-

-

-

-

0.57

0.05

0.08

0.06

-0.08

-0.13