CITIZENS FIRST CORP CZFC Income Statement

Citizens first corp (CZFC)

Income statement / Quarterly

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
4,744	4,623	4,649	4,796	4,497	4,549	4,316	4,257	4,124	4,235	4,213	4,162	4,103	4,123	4,050	4,108	3,949	4,003	4,006	3,879	3,844	4,083	4,076	4,022	4,125	4,363	4,384	4,219	4,261	4,164	3,959	3,943	3,954	4,049	4,096
Taxable securities
207	198	174	174	168	143	142	142	149	161	156	177	178	167	159	154	152	165	158	151	141	130	106	101	96	97	100	152	161	153	142	157	153	163	149
Non-taxable securities
88	91	93	97	103	123	115	127	137	129	146	159	159	169	170	173	176	177	161	167	164	162	164	165	170	169	165	162	163	182	182	183	179	182	183
Federal funds sold and other
117	-	178	95	92	-	67	67	47	-	42	38	36	35	36	34	29	25	29	33	32	36	35	37	37	34	32	33	33	34	30	35	33	30	27
Total interest and dividend income
5,156	5,112	5,094	5,162	4,860	4,905	4,640	4,593	4,457	4,572	4,557	4,536	4,476	4,494	4,415	4,469	4,306	4,370	4,354	4,230	4,181	4,411	4,381	4,325	4,428	4,663	4,681	4,566	4,618	4,533	4,313	4,318	4,319	4,424	4,455
Interest expense
Deposits
1,076	1,021	936	826	729	670	628	595	547	541	520	514	528	537	563	580	549	514	526	551	543	567	606	625	628	675	685	758	803	870	906	984	997	1,170	1,245
FHLB advances and other borrowings
182	203	196	188	189	149	112	96	97	51	89	81	57	-44	74	74	71	-32	125	126	117	4	116	121	110	108	114	105	95	84	79	77	77	60	55
Subordinated debentures
55	53	50	50	42	39	37	35	33	31	30	29	28	26	25	24	24	25	24	24	23	25	25	24	24	24	27	28	28	26	24	25	24	28	25
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1	2	2	2	2	2
Total interest expense
1,313	1,277	1,182	1,064	960	858	777	726	677	652	639	624	613	623	662	678	644	650	675	701	683	682	747	770	762	807	826	891	926	979	1,011	1,088	1,100	1,260	1,327
Net interest income
3,843	3,835	3,912	4,098	3,900	4,047	3,863	3,867	3,780	3,920	3,918	3,912	3,863	3,871	3,753	3,791	3,662	3,720	3,679	3,529	3,498	3,729	3,634	3,555	3,666	3,856	3,855	3,675	3,692	3,554	3,302	3,230	3,219	3,164	3,128
Provision for loan losses
-	70	30	30	30	-150	-30	0	30	-	-	-85	-	-65	0	120	80	-	-	150	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	125	450	900	50	1,250	580	300	450	370	1,200	300	300	225	375	450
Net interest income after provision for loan losses (credit)
3,843	3,765	3,882	4,068	3,870	4,197	3,893	3,867	3,750	3,920	3,918	3,997	3,863	3,936	3,753	3,671	3,582	3,720	3,679	3,379	3,373	3,279	2,734	3,505	2,416	3,276	3,555	3,225	3,322	2,354	3,002	2,930	2,994	2,789	2,678
Non-interest income
Service charges on deposit accounts
260	-	291	309	298	-	-	-	278	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other service charges and fees
281	-	-	-	281	-	-	-	264	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	371	361	339	325	360	386	358	317	339	300	296	261	319	341	321	291	352	355	340	318	381	354	334	321	418	440
Other service charges and fees
-	-	-	-	-	-	-	-	-	245	262	272	248	260	187	176	135	138	198	141	153	133	156	158	138	128	138	143	120	142	118	113	99	116	96
Gain on sale of mortgage loans
80	106	95	69	50	82	79	88	68	97	110	91	77	63	60	79	31	39	76	51	24	36	81	78	82	83	64	64	90	100	90	56	69	95	62
Non-deposit brokerage fees
95	-	110	101	99	-	-	-	87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease income
83	-	-	-	52	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-deposit brokerage fees
-	-	-	-	-	-	-	-	-	85	83	75	72	82	103	87	92	90	67	75	69	72	91	78	65	61	54	57	34	43	40	60	28	34	33
Lease income
-	-	52	79	-	52	53	80	52	52	61	49	45	43	59	70	73	63	76	74	75	75	74	75	74	75	68	68	68	68	68	68	57	44	29
BOLI income
46	45	45	44	43	45	44	45	43	44	45	44	44	45	45	46	45	47	47	47	47	49	53	56	61	65	66	66	66	69	69	68	67	74	73
Gain on sale of available-for-sale securities
-	-	-	-	-	0	25	0	23	0	20	55	51	-	-	10	-	-	-	74	-	27	0	29	8	-	-	55	-	-	13	61	-	0	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	-	11
Total non-interest income
845	952	912	921	823	879	925	932	815	894	942	925	862	921	840	826	693	737	764	758	629	711	796	795	719	764	745	793	696	923	752	760	662	781	744
Non-interest expenses
Salaries and employee benefits
1,809	1,812	1,730	1,773	1,846	1,740	1,673	1,655	1,734	1,741	1,674	1,676	1,784	1,648	1,650	1,589	1,648	1,606	1,519	1,486	1,527	1,419	1,382	1,417	1,441	1,489	1,406	1,414	1,409	1,355	1,240	1,201	1,306	1,154	1,121
Net occupancy expense
448	436	457	432	453	448	449	446	461	471	481	492	483	503	495	493	528	483	501	479	482	485	499	465	461	491	489	479	459	454	464	463	476	483	324
Equipment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164
Advertising and public relations
73	91	102	85	81	78	111	77	71	75	86	98	61	80	75	123	52	73	74	93	83	65	70	110	78	92	92	93	75	110	84	102	66	73	86
Professional fees
254	154	156	172	164	86	160	171	130	50	98	137	180	176	183	187	164	142	137	149	153	141	201	174	164	177	158	149	143	119	225	171	114	145	176
Data processing services
209	202	208	205	194	192	214	251	253	256	262	263	256	262	262	238	239	242	250	248	233	266	280	272	265	241	225	221	229	213	183	172	176	178	175
Franchise shares and deposit tax
120	120	120	120	120	88	132	132	132	132	132	132	132	96	146	145	146	157	146	145	146	145	146	141	141	141	141	141	125	122	114	114	114	129	129
FDIC insurance
35	45	42	43	42	47	52	49	49	47	58	59	59	61	61	63	59	63	73	74	77	119	150	26	85	86	83	73	72	21	35	112	103	112	124
Core deposit intangible amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	18	17	18	81	82	82	84	79	84	85	84	85	88	88	88	-	-	-	-	-	-
Core deposit intangible amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65	65	65	66	66
Postage and office supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	40	43	54	59	51	38	35	35	43	40	40	59	50	38	47	44	35	47	37
Telephone and other communication
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42	-	41	36	41	45	51
Other real estate owned expenses
-	-	-	-	-	-	-	-	-	1	-8	23	1	-	6	29	-	-	10	47	-	46	7	20	11	15	5	105	45	57	21	87	50	100	24
Loss on branch disposal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-262	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
434	454	470	461	459	433	415	432	461	457	452	510	498	479	372	310	309	297	295	271	226	258	425	434	309	276	266	223	189	354	202	154	158	173	150
Total non-interest expenses
3,382	3,314	3,285	3,291	3,359	3,112	3,206	3,213	3,291	3,230	3,235	3,390	3,454	3,219	3,530	3,246	3,203	3,222	3,141	3,133	3,062	3,061	3,279	3,179	3,082	3,091	2,993	3,045	2,926	2,815	2,721	2,721	2,704	2,705	2,627
Income before income taxes
1,306	1,403	1,509	1,698	1,334	1,964	1,612	1,586	1,274	1,584	1,625	1,532	1,271	1,638	1,063	1,251	1,072	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,235	1,302	1,004	940	929	251	1,121	53	949	1,307	973	1,092	462	1,033	969	952	865	795
Income taxes
187	240	311	324	250	1,012	490	478	367	481	490	458	366	487	288	352	290	348	372	271	249	227	18	333	-62	251	366	247	284	67	263	241	236	207	178
Net income
1,119	1,163	1,198	1,374	1,084	952	1,122	1,108	907	1,103	1,135	1,074	905	1,151	775	899	782	887	930	733	691	702	233	788	115	698	941	726	808	395	770	728	716	658	-
Net Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	617
Dividends on preferred stock
-	-	-	-	-	0	0	119	119	124	124	123	124	131	131	130	128	-	131	127	-	184	178	176	217	224	225	223	224	225	225	223	285	257	256
Dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	132	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available for common stockholders
1,119	1,163	1,198	1,374	1,084	952	1,122	989	788	979	1,011	951	781	1,020	644	769	654	756	799	606	559	518	55	612	-102	474	716	503	584	170	545	505	431	401	361
Basic earnings per common share (in dollars per share)
0.44	0.46	0.47	0.54	0.43	0.38	0.44	0.47	0.39	0.49	0.50	0.48	0.39	0.52	0.33	0.39	0.33	0.38	0.41	0.31	0.28	0.26	0.03	0.31	-0.05	0.25	0.36	0.25	0.30	0.09	0.27	0.26	0.22	0.21	0.18
Diluted earnings per common share (in dollars per share)
0.44	0.45	0.47	0.54	0.43	0.37	0.44	0.43	0.36	0.43	0.45	0.42	0.36	0.45	0.31	0.35	0.29	0.35	0.38	0.29	0.27	0.25	0.02	0.30	-0.05	0.23	0.35	0.24	0.29	0.09	0.26	0.25	0.21	0.20	0.18
Net income
1,119	1,163	1,198	1,374	1,084	952	1,122	1,108	907	1,103	1,135	1,074	905	1,151	775	899	782	887	930	733	691	702	233	788	115	698	941	726	808	395	770	728	716	658	-
Reclassification adjustment for gains included in net income, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8	-40	-	-	-
Change in unrealized gain (loss) on available for sale securities, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	-	-	-	-	-	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	-	-	-	-	-	-
Change in unrealized gain (loss) on available for sale securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	378	477	-	-	-
Change in unrealized gain (loss) on available for sale securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	317	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	832	298	1,140	1,165	1,033	-	-