Eagle bancorp, inc (EGBN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest Income
Interest and fees on loans

400,923

368,606

308,510

274,488

242,340

181,775

148,801

134,600

112,320

89,384

77,004

Interest and dividends on investment securities

21,037

17,907

12,214

9,629

10,092

9,286

7,792

6,824

6,181

6,992

7,138

Interest on balances with other banks and short-term investments

7,438

6,616

3,258

1,654

732

496

689

475

513

108

94

Interest on federal funds sold

232

157

52

34

16

16

12

44

110

174

102

Total interest income

429,630

393,286

324,034

285,805

253,180

191,573

157,294

141,943

119,124

96,658

84,338

Interest Expense
Interest on deposits

91,026

60,210

27,286

19,248

14,343

9,638

10,614

12,057

17,248

16,886

20,956

Interest on customer repurchase agreements

345

225

197

167

132

143

254

325

685

731

957

Interest on short-term borrowings

2,298

3,942

748

732

86

31

-

3

-

27

611

Interest on long-term borrowings

11,916

11,916

11,916

7,493

4,677

3,283

1,636

2,029

2,144

2,188

2,285

Total interest expense

105,585

76,293

40,147

27,640

19,238

13,095

12,504

14,414

20,077

19,832

24,809

Net interest income

324,045

316,993

283,887

258,165

233,942

178,478

144,790

127,529

99,047

76,826

59,529

Provision for Credit Losses

13,091

8,660

8,971

11,331

14,638

10,879

9,602

16,190

10,983

9,308

7,669

Net Interest Income After Provision For Credit Losses

310,954

308,333

274,916

246,834

219,304

167,599

135,188

111,339

88,064

67,518

51,860

Noninterest Income
Service charges on deposits

6,247

7,014

6,364

5,821

5,397

4,906

4,607

3,937

3,318

3,068

2,898

Gain on sale of loans

8,474

5,963

9,275

11,564

11,973

6,886

14,578

13,942

6,057

2,836

1,054

Gain on sale of investment securities

1,517

97

542

1,194

2,254

22

19

690

1,445

1,330

1,538

Loss on early extinguishment of debt

-

-

-

-

-1,130

0

-

-529

-

-

-

Increase in the cash surrender value of bank owned life insurance

1,703

1,507

1,711

1,554

1,589

1,283

720

392

401

430

463

Other income

7,758

8,005

11,480

7,151

6,545

5,248

4,792

2,932

2,280

1,578

1,344

Total noninterest income

25,699

22,586

29,372

27,284

26,628

18,345

24,716

21,364

13,501

9,242

7,297

Noninterest Expense
Salaries and employee benefits

79,842

67,734

67,129

67,010

61,749

57,268

47,481

43,684

34,518

25,511

20,889

Premises and equipment expenses

14,387

15,660

15,632

15,118

16,026

13,317

11,923

10,218

8,371

8,460

7,343

Marketing and advertising

4,826

4,566

4,095

3,495

2,748

1,999

1,686

1,759

1,626

1,058

1,099

Data processing

9,412

9,714

8,220

7,747

7,533

6,163

5,903

4,415

3,554

2,629

2,356

Legal, accounting and professional fees

12,195

9,742

5,053

3,673

3,729

3,439

2,969

4,253

3,974

2,987

2,731

FDIC insurance

3,206

3,512

2,554

2,718

3,154

2,333

2,263

2,089

2,195

2,692

2,743

Merger expenses

-

-

-

-

141

4,699

-

24

-

-

-

Other expenses

15,994

15,783

15,869

15,255

15,636

10,510

12,354

10,089

9,038

7,668

5,612

Total noninterest expense

139,862

126,711

118,552

115,016

110,716

99,728

84,579

76,531

63,276

51,005

42,773

Income Before Income Tax Expense

196,791

204,208

185,736

159,102

135,216

86,216

75,325

56,172

38,289

25,755

16,384

Income Tax Expense

53,848

51,932

85,504

61,395

51,049

31,958

28,318

20,883

13,731

9,098

5,965

Net Income

142,943

152,276

100,232

97,707

84,167

54,258

47,007

35,289

24,558

16,657

10,419

Preferred Stock Dividends

-

-

-

-

601

614

566

566

1,511

1,299

2,307

Net Income Available to Common Shareholders

-

-

-

-

83,566

53,644

46,441

34,723

23,047

15,358

8,112

Earnings Per Common Share
Basic (in dollars per share)

4.18

4.44

2.94

2.91

2.54

2.01

1.81

1.50

1.05

0.78

0.55

Diluted (in dollars per share)

4.18

4.42

2.92

2.86

2.50

1.95

1.76

1.46

1.04

0.77

0.55