CITIZENS FIRST CORP CZFC Income Statement

Citizens first corp (CZFC)

Income statement / TTM

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
18,812	18,565	18,491	18,158	17,619	17,246	16,932	16,829	16,734	16,713	16,601	16,438	16,384	16,230	16,110	16,066	15,837	15,732	15,812	15,882	16,025	16,306	16,586	16,894	17,091	17,227	17,028	16,603	16,327	16,020	15,905	16,042	0	0	0
Taxable securities
753	714	659	627	595	576	594	608	643	672	678	681	658	632	630	629	626	615	580	528	478	433	400	394	445	510	566	608	613	605	615	622	0	0	0
Non-taxable securities
369	384	416	438	468	502	508	539	571	593	633	657	671	688	696	687	681	669	654	657	655	661	668	669	666	659	672	689	710	726	726	727	0	0	0
Federal funds sold and other
0	-	0	0	0	-	0	0	0	-	151	145	141	134	124	117	116	119	130	136	140	145	143	140	136	132	132	130	132	132	128	125	0	0	0
Total interest and dividend income
20,524	20,228	20,021	19,567	18,998	18,595	18,262	18,179	18,122	18,141	18,063	17,921	17,854	17,684	17,560	17,499	17,260	17,135	17,176	17,203	17,298	17,545	17,797	18,097	18,338	18,528	18,398	18,030	17,782	17,483	17,374	17,516	0	0	0
Interest expense
Deposits
3,859	3,512	3,161	2,853	2,622	2,440	2,311	2,203	2,122	2,103	2,099	2,142	2,208	2,229	2,206	2,169	2,140	2,134	2,187	2,267	2,341	2,426	2,534	2,613	2,746	2,921	3,116	3,337	3,563	3,757	4,057	4,396	0	0	0
FHLB advances and other borrowings
769	776	722	638	546	454	356	333	318	278	183	168	161	175	187	238	290	336	372	363	358	351	455	453	437	422	398	363	335	317	293	269	0	0	0
Subordinated debentures
208	195	181	168	153	144	136	129	123	118	113	108	103	99	98	97	97	96	96	97	97	98	97	99	103	107	109	106	103	99	101	102	0	0	0
Short-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	8	8	0	0	0
Total interest expense
4,836	4,483	4,064	3,659	3,321	3,038	2,832	2,694	2,592	2,528	2,499	2,522	2,576	2,607	2,634	2,647	2,670	2,709	2,741	2,813	2,882	2,961	3,086	3,165	3,286	3,450	3,622	3,807	4,004	4,178	4,459	4,775	0	0	0
Net interest income
15,688	15,745	15,957	15,908	15,677	15,557	15,430	15,485	15,530	15,613	15,564	15,399	15,278	15,077	14,926	14,852	14,590	14,426	14,435	14,390	14,416	14,584	14,711	14,932	15,052	15,078	14,776	14,223	13,778	13,305	12,915	12,741	0	0	0
Provision for loan losses
-	160	-60	-120	-150	-150	0	0	0	-	-	0	-	135	350	0	0	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,525	2,650	2,780	2,180	2,580	1,700	2,320	2,320	2,170	2,025	1,200	1,350	0	0	0
Net interest income after provision for loan losses (credit)
15,558	15,585	16,017	16,028	15,827	15,707	15,430	15,455	15,585	15,698	15,714	15,549	15,223	14,942	14,726	14,652	14,360	14,151	13,710	12,765	12,891	11,934	11,931	12,752	12,472	13,378	12,456	11,903	11,608	11,280	11,715	11,391	0	0	0
Non-interest income
Service charges on deposit accounts
0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other service charges and fees
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	1,396	1,385	1,410	1,429	1,421	1,400	1,314	1,252	1,196	1,176	1,217	1,242	1,272	1,305	1,319	1,338	1,365	1,394	1,393	1,387	1,390	1,427	1,513	0	0	0
Other service charges and fees
-	-	-	-	-	-	-	-	-	1,027	1,042	967	871	758	636	647	612	630	625	583	600	585	580	562	547	529	543	523	493	472	0	0	0	0	0
Gain on sale of mortgage loans
350	320	296	280	299	317	332	363	366	375	341	291	279	233	209	225	197	190	187	192	219	277	324	307	293	301	318	344	336	315	310	282	0	0	0
Non-deposit brokerage fees
0	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-deposit brokerage fees
-	-	-	-	-	-	-	-	-	315	312	332	344	364	372	336	324	301	283	307	310	306	295	258	237	206	188	174	177	171	0	0	0	0	0
Lease income
-	-	235	236	-	237	237	245	214	207	198	196	217	245	265	282	286	288	300	298	299	298	298	292	285	279	272	272	272	261	237	198	0	0	0
BOLI income
180	177	177	176	177	177	176	177	176	177	178	178	180	181	183	185	186	188	190	196	205	219	235	248	258	263	267	270	272	273	278	282	0	0	0
Gain on sale of available-for-sale securities
-	-	-	-	-	48	48	43	98	126	0	0	0	-	-	0	-	-	-	0	-	64	92	0	0	-	-	0	-	-	0	0	-	0	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0
Total non-interest income
3,630	3,608	3,535	3,548	3,559	3,551	3,566	3,583	3,576	3,623	3,650	3,548	3,449	3,280	3,096	3,020	2,952	2,888	2,862	2,894	2,931	3,021	3,074	3,023	3,021	2,998	3,157	3,164	3,131	3,097	2,955	2,947	0	0	0
Non-interest expenses
Salaries and employee benefits
7,124	7,161	7,089	7,032	6,914	6,802	6,803	6,804	6,825	6,875	6,782	6,758	6,671	6,535	6,493	6,362	6,259	6,138	5,951	5,814	5,745	5,659	5,729	5,753	5,750	5,718	5,584	5,418	5,205	5,102	4,901	4,782	0	0	0
Net occupancy expense
1,773	1,778	1,790	1,782	1,796	1,804	1,827	1,859	1,905	1,927	1,959	1,973	1,974	2,019	1,999	2,005	1,991	1,945	1,947	1,945	1,931	1,910	1,916	1,906	1,920	1,918	1,881	1,856	1,840	1,857	1,886	1,746	0	0	0
Equipment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Advertising and public relations
351	359	346	355	347	337	334	309	330	320	325	314	339	330	323	322	292	323	315	311	328	323	350	372	355	352	370	362	371	362	325	327	0	0	0
Professional fees
736	646	578	582	581	547	511	449	415	465	591	676	726	710	676	630	592	581	580	644	669	680	716	673	648	627	569	636	658	629	655	606	0	0	0
Data processing services
824	809	799	805	851	910	974	1,022	1,034	1,037	1,043	1,043	1,018	1,001	981	969	979	973	997	1,027	1,051	1,083	1,058	1,003	952	916	888	846	797	744	709	701	0	0	0
Franchise shares and deposit tax
480	480	448	460	472	484	528	528	528	528	492	506	519	533	594	594	594	594	582	582	578	573	569	564	564	548	529	502	475	464	471	486	0	0	0
FDIC insurance
165	172	174	184	190	197	197	203	213	223	237	240	244	244	246	258	269	287	343	420	372	380	347	280	327	314	249	201	240	271	362	451	0	0	0
Core deposit intangible amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	134	198	263	329	327	329	332	332	338	342	345	349	0	0	0	-	-	-	-	-	-
Core deposit intangible amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	261	262	0	0	0
Postage and office supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	189	196	207	202	183	159	151	153	158	182	189	187	194	179	164	173	163	0	0	0
Telephone and other communication
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	163	173	0	0	0
Other real estate owned expenses
-	-	-	-	-	-	-	-	-	17	0	0	0	-	0	0	-	-	0	0	-	84	53	51	136	170	212	228	210	215	258	261	0	0	0
Loss on branch disposal
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,819	1,844	1,823	1,768	1,739	1,741	1,765	1,802	1,880	1,917	1,939	1,859	1,659	1,470	1,288	1,211	1,172	1,089	1,050	1,180	1,343	1,426	1,444	1,285	1,074	954	1,032	968	899	868	687	635	0	0	0
Total non-interest expenses
13,272	13,249	13,047	12,968	12,890	12,822	12,940	12,969	13,146	13,309	13,298	13,593	13,449	13,198	13,201	12,812	12,699	12,558	12,397	12,535	12,581	12,601	12,631	12,345	12,211	12,055	11,779	11,507	11,183	10,961	10,851	10,757	0	0	0
Income before income taxes
5,916	5,944	6,505	6,608	6,496	6,436	6,056	6,069	6,015	6,012	6,066	5,504	5,223	5,024	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,481	4,175	3,124	3,241	2,354	2,374	3,430	3,282	4,321	3,834	3,560	3,556	3,416	3,819	3,581	0	0	0
Income taxes
1,062	1,125	1,897	2,076	2,230	2,347	1,816	1,816	1,796	1,795	1,801	1,599	1,493	1,417	1,278	1,362	1,281	1,240	1,119	765	827	516	540	888	802	1,148	964	861	855	807	947	862	0	0	0
Net income
4,854	4,819	4,608	4,532	4,266	4,089	4,240	4,253	4,219	4,217	4,265	3,905	3,730	3,607	3,343	3,498	3,332	3,241	3,056	2,359	2,414	1,838	1,834	2,542	2,480	3,173	2,870	2,699	2,701	2,609	2,872	0	0	0	-
Net Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Dividends on preferred stock
-	-	-	-	-	238	362	486	490	495	502	509	516	520	520	516	0	-	0	0	-	755	795	842	889	896	897	897	897	958	990	1,021	0	0	0
Dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available for common stockholders
4,854	4,819	4,608	4,532	4,147	3,851	3,878	3,767	3,729	3,722	3,763	3,396	3,214	3,087	2,823	2,978	2,815	2,720	2,482	1,738	1,744	1,083	1,039	1,700	1,591	2,277	1,973	1,802	1,804	1,651	1,882	1,698	0	0	0
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
4,854	4,819	4,608	4,532	4,266	4,089	4,240	4,253	4,219	4,217	4,265	3,905	3,730	3,607	3,343	3,498	3,332	3,241	3,056	2,359	2,414	1,838	1,834	2,542	2,480	3,173	2,870	2,699	2,701	2,609	2,872	0	0	0	-
Reclassification adjustment for gains included in net income, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Change in unrealized gain (loss) on available for sale securities, net of taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-
Change in unrealized gain (loss) on available for sale securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-
Change in unrealized gain (loss) on available for sale securities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,435	3,636	0	0	0	-	-