Eagle Bancorp Montana, Inc. EBMT Income Statement

Eagle bancorp montana, inc. (EBMT)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	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	Dec'10	Sep'10
INTEREST AND DIVIDEND INCOME:
Interest and fees on loans
11,432	10,966	10,731	10,599	10,048	7,965	7,701	7,862	6,872	6,554	6,478	6,174	5,570	5,589	5,461	4,955	4,837	4,725	4,390	4,255	3,962	3,904	3,658	3,379	3,254	3,231	3,121	2,884	3,012	2,753	2,551	2,535	2,744	2,830	2,775	2,785	2,877	2,812	2,805
Securities available-for-sale
1,027	870	916	928	958	1,022	1,036	1,021	989	762	693	714	729	721	709	740	747	803	759	737	759	982	1,044	1,117	1,066	1,083	1,019	1,077	1,087	735	669	715	778	827	872	899	890	901	963
FHLB and FRB dividends
94	111	107	95	95	89	80	74	79	46	48	36	40	39	37	35	31	-	5	20	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on deposits in banks
-	-	19	13	-	-	5	18	17	4	2	1	0	-	0	1	-	0	0	1	0	0	1	3	1	3	1	1	10	11	5	4	4	3	6	6	6	5	4
Other interest income
78	82	-18	3	20	-	3	1	-	1	3	0	1	2	1	0	3	0	0	2	3	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total interest and dividend income
12,631	11,979	11,773	11,638	11,121	9,085	8,825	8,976	7,957	7,371	7,224	6,925	6,340	6,354	6,208	5,731	5,618	5,573	5,154	5,015	4,724	4,906	4,703	4,499	4,321	4,317	4,141	3,965	4,109	3,499	3,225	3,257	3,526	3,660	3,653	3,696	3,773	3,718	3,772
INTEREST EXPENSE:
Deposits
1,339	1,160	1,022	924	787	602	534	494	426	411	386	376	380	399	383	381	355	364	400	356	337	339	338	332	329	312	321	312	305	333	248	252	260	273	289	302	326	361	403
FHLB advances and other borrowings
463	445	692	656	594	509	453	315	337	361	329	322	205	193	209	212	201	149	130	128	143	154	156	147	152	183	182	224	208	230	294	398	481	532	583	593	626	647	636
Other long-term debt
352	357	360	364	365	367	361	357	347	355	350	347	272	201	195	195	194	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	194	191	42	21	22	21	21	21	21	21	24	22	23	24	27	25	23	22	28	22	67	75
Total interest expense
2,154	1,962	2,074	1,944	1,746	1,478	1,348	1,166	1,110	1,127	1,065	1,045	857	793	787	788	750	707	721	526	501	515	515	500	502	516	524	560	535	586	566	677	766	828	894	923	974	1,075	1,114
NET INTEREST INCOME
10,477	10,017	9,699	9,694	9,375	7,607	7,477	7,810	6,847	6,244	6,159	5,880	5,483	5,561	5,421	4,943	4,868	4,866	4,433	4,489	4,223	4,391	4,188	3,999	3,819	3,801	3,617	3,405	3,574	2,913	2,659	2,580	2,760	2,832	2,759	2,773	2,799	2,643	2,658
Loan loss provision
670	632	694	697	604	260	194	24	502	294	331	302	301	452	472	459	450	343	310	328	322	300	215	168	128	153	159	140	116	187	235	260	258	325	258	-	-	-	-
Loan loss provision
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	276	234	283
NET INTEREST INCOME AFTER LOAN LOSS PROVISION
9,807	9,385	9,005	8,997	8,771	7,347	7,283	7,786	6,345	5,950	5,828	5,578	5,182	5,109	4,949	4,484	4,418	4,523	4,123	4,161	3,901	4,091	3,973	3,831	3,691	3,648	3,458	3,265	3,458	2,726	2,424	2,320	2,502	2,507	2,501	2,618	2,523	2,409	2,375
NONINTEREST INCOME:
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	226	229	211	199	226	317	243	223	254	284	253	226	264	279	263	197	184	166	161	141	180	190	180	156	196	201
Net gain on sale of loans
5,411	5,224	5,492	3,360	2,599	2,294	2,290	1,720	1,439	2,141	2,574	2,263	1,825	3,026	3,164	2,438	1,718	1,546	1,639	1,856	1,631	1,466	1,398	1,196	836	963	1,591	1,925	1,718	962	812	534	522	403	236	225	333	802	827
Mortgage loan service fees
-	-	-	-	-	-	-	-	-	-	-	-	-	568	462	442	363	358	523	422	415	387	380	360	359	339	314	281	262	247	234	225	214	224	228	227	215	179	209
Wealth management income
-	-	-	-	-	-	-	-	-	-	-	-	-	140	166	159	136	155	174	111	185	178	112	152	119	134	122	-	-	-	-	-	-	-	-	-	-	-	-
Interchange and ATM fees
-	-	-	-	-	-	-	-	-	-	-	-	-	221	227	223	202	144	146	164	126	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Appreciation in cash surrender value of life insurance
160	149	254	160	157	173	166	146	124	125	125	126	124	126	133	113	112	111	105	105	105	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss on sale of available-for-sale securities
-	20	0	104	-55	-74	-23	15	-105	51	0	-14	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of available-for-sale securities (includes $37 and $249 for 2017 and 2016, respectively, related to accumulated other comprehensive earnings reclassification)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	110	84	-	0	0	48	186	141	194	41	196	405	431	484	465	245	67	209	115	109	57	-	-	-	-
Net loss on fair value hedge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-93	-317	-47	-62	-72	48	23	96	43	28	37	-137	94	-44	-330	-	-	-	-
Net loss on sale of real estate owned and other repossessed property
-	-	-	19	-	-	0	-32	-25	-4	0	-24	-1	0	-6	12	0	-9	-2	-1	-1	0	-1	0	0	-22	-28	6	-9	-6	-17	-	-12	-	-	-	-2	-	-
Net gain on sale/disposal of premises and equipment
-	-	438	-	-	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on fair value hedge FASB ASC 815
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39	183	15
Other noninterest income
478	159	142	373	92	89	103	40	103	104	158	63	134	237	204	124	166	161	10	327	105	-169	337	411	459	472	366	283	597	257	276	228	230	203	188	235	203	37	183
Total noninterest income
8,304	6,224	8,420	5,503	3,694	3,263	3,465	2,715	2,679	3,565	3,988	3,570	3,208	4,599	4,689	3,806	2,896	2,692	2,912	3,275	2,882	2,435	2,657	2,351	2,123	2,469	3,098	3,549	3,273	1,917	1,575	1,226	1,304	1,075	569	847	944	1,397	1,435
NONINTEREST EXPENSE:
Salaries and employee benefits
7,682	7,576	7,555	6,510	5,992	5,406	5,123	5,461	4,909	4,530	4,331	4,586	4,433	4,503	4,177	3,916	3,690	3,672	3,660	3,639	3,379	3,143	3,131	3,183	3,209	3,088	3,342	3,579	3,193	2,131	1,441	1,335	1,367	1,203	1,167	1,208	1,322	1,257	1,161
Occupancy and equipment expense
1,209	1,193	1,152	1,043	1,034	812	880	835	828	665	680	672	717	657	698	671	789	681	838	733	736	731	695	688	711	688	687	700	692	508	342	348	350	339	343	341	342	337	326
Data processing
1,250	1,007	933	854	928	666	866	673	637	567	563	566	567	513	456	463	548	654	560	536	509	542	540	481	458	483	448	474	512	193	147	155	170	135	151	110	213	136	109
Advertising
249	228	320	212	268	287	295	298	278	253	255	269	189	166	192	150	188	237	170	174	219	242	166	148	211	206	251	249	278	218	201	214	92	131	131	150	127	123	124
Amortization of mortgage servicing rights
-	-	-	-	-	-	-	-	241	274	288	262	262	410	326	285	228	159	218	205	217	162	166	164	132	141	193	186	158	221	187	161	201	174	93	125	334	440	259
Amortization
164	51	254	253	254	181	182	235	102	105	107	107	107	110	112	111	112	115	116	101	100	103	105	105	105	108	109	-	145	48	-	-	-	-	-	-	-	-	-
Loan costs
247	251	242	177	135	163	154	179	136	-	166	134	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal Deposit Insurance Corporation ("FDIC") insurance premiums
-69	-	36	-	-60	-	-65	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Federal insurance premiums
-	-	-	55	-	-	-	69	69	86	78	36	84	99	99	123	83	81	83	73	95	101	73	19	84	84	84	90	82	43	49	50	51	56	30	64	66	64	63
Postage
98	52	90	79	68	56	58	84	50	46	48	51	48	46	60	34	54	29	63	43	46	51	44	43	40	50	42	39	36	37	26	37	23	38	25	27	26	38	32
Professional and examination fees
285	329	182	236	305	320	121	184	142	183	107	200	85	115	120	61	98	105	126	133	156	207	262	175	111	145	124	103	123	122	91	79	71	120	72	87	67	112	97
Consulting fees
-	-	-	44	-	-	23	25	17	58	14	59	49	41	44	34	83	53	72	211	240	175	176	218	164	69	86	58	14	35	26	78	55	308	87	86	36	31	27
Acquisition costs
128	505	517	5	1,171	582	222	131	234	400	276	0	0	-	0	-	-	-	-	-	-	-	-	-	-	0	-	0	712	731	477	-	-	-	-	-	-	-	-
Write-down on real estate owned and other repossessed property
-	-	-	-	-	-	-	-	-	0	0	9	36	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-down on real estate owned and other repossessed property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-	-	-	1	93	30	68	-	165	-	-	-	-	-	-
Other noninterest expense
1,467	1,163	1,015	1,005	806	822	767	701	681	533	644	669	862	966	875	838	675	615	586	624	664	657	507	509	474	551	487	544	415	469	380	332	361	376	356	375	330	342	367
Total noninterest expense
12,848	12,313	12,224	10,473	11,021	9,032	8,756	8,875	8,324	8,022	7,557	7,620	7,439	7,626	7,159	6,686	6,548	6,401	6,492	6,472	6,361	6,114	5,865	5,743	5,699	5,613	5,853	6,190	6,453	4,786	3,435	2,793	2,906	2,880	2,455	2,774	2,863	2,880	2,565
INCOME BEFORE PROVISION FOR INCOME TAXES
5,263	3,296	5,201	4,027	1,444	1,578	1,992	1,626	700	1,493	2,259	1,528	951	2,082	2,479	1,604	766	814	543	964	422	412	765	439	115	504	703	624	278	-143	564	753	900	702	615	691	604	926	1,245
Provision for income taxes
1,336	959	1,096	780	261	134	360	293	127	940	538	462	188	633	707	340	119	-67	22	172	36	-512	47	-423	7	30	36	-60	-629	-103	142	148	242	215	187	209	196	282	369
NET INCOME
3,927	2,337	4,105	3,247	1,183	1,444	1,632	1,333	573	553	1,721	1,066	763	1,449	1,772	1,264	647	881	521	792	386	924	718	862	108	474	667	684	907	-40	422	605	658	487	428	482	408	644	876
BASIC EARNINGS PER SHARE (in dollars per share)
0.58	0.36	0.64	0.51	0.18	0.27	0.30	0.24	0.11	0.08	0.45	0.28	0.20	0.39	0.46	0.34	0.17	0.23	0.14	0.21	0.10	0.24	0.18	0.22	0.03	0.12	0.17	0.17	0.24	-0.01	0.11	0.17	0.18	0.13	0.11	0.13	0.10	0.17	0.22
DILUTED EARNINGS PER SHARE (in dollars per share)
0.57	0.37	0.63	0.51	0.18	0.26	0.30	0.24	0.11	0.07	0.45	0.27	0.20	0.37	0.46	0.32	0.17	0.22	0.14	0.21	0.10	0.24	0.18	0.21	0.03	0.12	0.17	0.17	0.23	-0.01	0.11	0.16	0.17	0.12	0.11	0.13	0.10	0.17	0.22
BASIC WEIGHTED AVERAGE SHARES OUTSTANDING (in shares)
-	-	6,403	6,408	-	-	5,460	5,460	5,311	-	3,811	3,811	3,811	-	3,779	3,779	3,779	-	3,804	3,822	3,844	-	3,889	3,916	3,918	3,911	3,898	-	3,752	3,741	3,724	-	3,716	3,723	3,739	-	3,904	3,899	3,895
DILUTED WEIGHTED AVERAGE SHARES OUTSTANDING (in shares)
-	-	6,425	6,425	-	-	5,524	5,524	5,375	-	3,863	3,869	3,875	-	3,873	3,873	3,873	-	3,841	3,860	3,881	-	3,944	3,971	3,973	3,978	3,977	-	3,937	3,933	3,928	-	3,920	3,916	3,912	-	3,904	3,899	3,895
Deposit Account [Member]
Noninterest income revenue
316	337	329	292	261	262	241	214	226	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank Servicing [Member]
Noninterest income revenue
1,602	-156	1,390	722	365	59	279	194	560	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Advisory, Management and Administrative Service [Member]
Noninterest income revenue
-	-	11	135	-	127	130	147	132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card [Member]
Noninterest income revenue
337	350	364	338	275	276	270	271	225	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-