EMCLAIRE FINANCIAL CORP EMCF Income Statement

Emclaire financial corp (EMCF)

Income statement / TTM

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	Sep'10	Jun'10
Interest and dividend income:
Loans receivable, including fees
32,257	32,507	32,839	31,357	29,922	28,028	26,109	25,387	24,510	23,738	22,815	22,293	21,677	20,814	19,857	18,795	18,080	17,578	17,871	17,629	17,248	17,078	16,441	16,415	16,424	16,594	16,636	16,911	17,101	17,213	17,396	17,352	17,369	17,389	17,487	17,566	0	0	0
Securities:
Taxable
2,430	2,258	2,086	1,967	1,876	1,792	1,718	1,675	1,628	1,615	1,599	1,574	1,623	1,662	1,711	1,796	1,875	1,965	2,065	2,105	2,078	1,958	1,806	1,725	1,702	1,715	1,810	1,987	2,095	2,246	2,371	2,397	2,401	2,370	2,404	2,493	0	0	0
Exempt from federal income tax
357	395	431	489	530	560	583	580	579	570	573	596	612	628	639	687	745	807	867	906	945	989	1,044	1,114	1,156	1,157	1,155	1,128	1,121	1,153	1,191	1,229	1,267	1,292	1,273	1,230	0	0	0
Federal bank stocks
427	419	392	353	334	298	286	285	253	242	229	214	205	186	166	147	124	164	166	169	184	145	137	122	95	77	72	69	67	65	60	58	57	55	50	48	0	0	0
Interest earning deposits with banks
585	566	453	314	298	284	311	297	252	235	176	126	131	135	130	97	73	68	73	88	96	92	79	61	52	55	61	66	77	85	100	123	148	173	204	232	0	0	0
Total interest and dividend income
36,056	36,145	36,201	34,480	32,960	30,962	29,007	28,224	27,222	26,400	25,392	24,803	24,248	23,425	22,503	21,522	20,897	20,582	21,042	20,897	20,551	20,262	19,507	19,437	19,429	19,598	19,734	20,161	20,461	20,762	21,118	21,159	21,242	21,279	21,418	21,569	0	0	0
Interest expense:
Deposits
7,556	7,087	6,493	5,738	5,204	4,724	4,275	3,916	3,563	3,275	2,977	2,934	2,906	2,791	2,621	2,372	2,186	2,144	2,177	2,261	2,333	2,348	2,352	2,398	2,596	2,873	3,246	3,592	3,814	4,045	4,230	4,400	4,582	4,688	4,890	5,119	0	0	0
Borrowed funds
0	-	782	691	0	-	576	756	933	1,088	1,181	1,167	1,145	1,076	938	785	666	604	592	611	583	581	0	0	0	-	-	-	-	-	0	0	0	-	0	0	0	0	0
Long-term borrowed funds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	754	0	0	0	-	-	-	-	-	-	-	-	-	-
Total interest expense
8,524	8,083	7,484	6,638	6,009	5,386	4,981	4,802	4,626	4,493	4,236	4,179	4,129	3,945	3,646	3,244	2,939	2,835	2,867	2,970	3,014	3,027	3,069	3,139	3,382	3,677	4,060	4,446	4,709	4,976	5,173	5,380	5,659	5,872	6,253	6,662	0	0	0
Net interest income
27,532	28,062	28,717	27,842	26,951	25,576	24,026	23,422	22,596	21,907	21,156	20,624	20,119	19,480	18,857	18,278	17,958	17,747	18,175	17,927	17,537	17,235	16,438	16,298	16,047	15,921	15,674	15,715	15,752	15,786	15,945	15,779	15,583	15,407	15,165	14,907	0	0	0
Provision for loan losses
1,327	715	605	1,050	1,080	1,280	1,250	1,220	1,121	903	627	525	445	464	581	311	393	381	431	696	676	670	650	630	600	580	1,006	2,222	2,184	2,154	1,687	408	413	420	433	578	0	0	0
Net interest income after provision for loan losses
26,205	27,347	28,112	26,792	25,871	24,296	22,776	22,202	21,475	21,004	20,529	20,099	19,674	19,016	18,276	17,967	17,565	17,366	17,744	17,231	16,861	16,565	15,788	15,668	15,447	15,341	14,668	13,493	13,568	13,632	14,258	15,371	15,170	14,987	14,732	14,329	0	0	0
Noninterest income:
Fees and service charges
2,053	2,157	2,225	2,222	2,149	2,031	1,886	1,806	1,778	1,749	1,743	1,728	1,679	1,616	1,527	1,481	1,473	1,477	1,527	1,551	1,567	1,596	1,602	1,619	1,653	1,673	1,703	1,703	1,650	1,608	1,541	1,508	1,506	1,490	1,448	1,417	0	0	0
Net realized gain (loss) on sales of securities
-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on sales of securities
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gain (loss) on sales of securities
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commissions on financial services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29	23	31	35	40	80	143	198	271	381	444	466	507	441	443	520	608	666	0	0	0
Title premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	49	52	61	58	61	51	63	77	76	83	72	67	69	67	76	88	101	114	0	0	0
Net realized gain on sales of securities
0	-	-	-	0	-	-	-	-	-	-	-	80	82	370	903	856	854	576	134	100	758	798	814	913	340	299	582	1,021	1,360	1,352	1,340	0	-	0	0	-	0	0
Net gain on sales of loans
-	114	89	47	11	19	131	142	264	248	174	249	125	119	0	0	0	-	0	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Other than temporary impairment losses
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other than temporary impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sales of available for sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Earnings on bank-owned life insurance
565	566	402	411	392	401	419	417	415	412	412	410	409	406	403	400	397	396	394	393	389	391	387	387	390	387	392	376	342	307	267	248	247	246	243	240	0	0	0
Gain on bargain purchase
-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,487	1,476	1,836	1,769	1,814	1,766	1,602	1,576	1,461	1,459	1,442	1,429	1,438	1,432	1,455	1,432	1,385	1,367	1,317	1,289	1,279	1,249	1,209	1,210	1,197	1,176	1,197	1,193	1,179	1,188	1,141	1,103	1,056	1,015	939	873	0	0	0
Total noninterest income
4,359	4,391	4,595	4,448	4,366	4,208	4,034	5,246	5,065	5,022	4,919	3,657	3,731	3,655	3,822	4,189	4,095	4,094	3,892	3,442	3,427	4,087	4,097	4,170	4,368	3,860	3,844	4,215	4,605	4,893	4,877	4,329	4,130	3,841	4,450	4,722	0	0	0
Noninterest expense:
Compensation and employee benefits
11,733	11,738	11,718	11,050	10,784	10,320	9,793	9,562	9,388	9,258	9,104	9,075	8,905	8,630	8,585	8,329	8,202	8,223	8,161	7,983	7,765	7,639	7,468	7,490	7,590	7,552	7,370	7,201	7,136	7,174	7,238	7,297	7,172	7,118	7,123	7,163	0	0	0
Premises and equipment
3,281	3,373	3,437	3,363	3,281	3,165	3,037	3,019	2,987	2,975	2,942	2,956	2,922	2,849	2,791	2,705	2,668	2,651	2,618	2,606	2,555	2,487	2,410	2,292	2,215	2,157	2,069	2,062	2,035	2,011	2,053	2,074	2,133	2,194	2,194	2,193	0	0	0
Intangible asset amortization
172	176	197	220	243	266	273	264	255	246	238	240	237	226	213	202	195	195	195	200	208	216	225	238	254	270	286	305	325	345	365	389	415	441	489	531	0	0	0
Professional fees
928	928	920	885	974	969	979	893	855	841	906	921	895	876	801	810	798	816	759	720	725	687	690	706	701	715	675	652	649	672	679	736	724	706	671	644	0	0	0
Federal deposit insurance
240	273	409	512	532	533	509	521	472	443	436	444	431	416	394	363	372	376	397	395	385	376	401	410	424	441	411	404	396	387	278	302	363	410	572	604	0	0	0
Acquisition costs
-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition costs
-	-	-	-	-	-	0	0	-	-	-	0	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
5,699	5,634	5,533	5,304	5,077	4,815	4,755	4,688	4,674	4,753	4,506	4,511	4,558	4,039	3,920	3,728	3,541	3,770	3,750	3,730	3,691	4,182	4,145	4,065	3,943	3,345	3,322	3,323	3,338	3,348	3,231	3,084	3,288	3,176	3,610	3,593	0	0	0
Total noninterest expense
22,053	22,122	24,771	24,568	24,483	23,660	20,431	20,318	19,750	19,635	19,201	18,253	18,040	17,437	17,239	16,672	16,219	16,165	15,880	15,634	15,329	15,587	15,339	15,201	15,127	14,480	14,133	13,947	13,879	13,937	13,844	13,882	14,095	14,045	14,659	14,728	0	0	0
Income before provision for income taxes
8,511	9,616	7,936	6,672	5,754	4,844	6,379	7,130	6,790	6,391	6,247	5,503	5,365	5,234	4,859	5,484	5,441	5,295	5,756	5,039	4,959	5,065	4,546	4,637	4,688	4,721	4,379	3,761	4,294	4,588	5,291	5,818	5,205	4,783	4,523	0	0	0	-
Income before provision for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Provision for income taxes
1,449	1,662	1,271	1,014	823	633	1,870	2,075	2,107	2,114	1,347	1,252	1,225	1,248	1,143	1,306	1,266	1,141	1,252	1,033	1,002	1,048	876	907	897	913	810	605	821	934	1,174	1,321	1,114	950	882	888	0	0	0
Net income
7,062	7,954	6,665	5,658	4,931	4,211	4,509	5,055	4,683	4,277	4,900	4,251	4,140	3,986	3,716	4,178	4,175	4,154	4,504	4,006	3,957	4,017	3,670	3,730	3,791	3,808	3,569	3,156	3,473	3,654	4,117	4,497	4,091	3,833	3,641	3,435	0	0	0
Preferred stock dividends
-	-	-	0	-	-	-	-	-	-	0	-	-	-	-	-	-	75	100	100	100	100	130	220	320	420	490	493	493	493	488	571	544	517	495	392	0	0	0
Net income available to common stockholders
-	-	0	0	-	-	0	0	-	-	0	-	-	-	-	-	-	4,079	4,404	3,906	3,857	3,917	3,540	3,510	3,471	3,388	3,079	2,663	2,980	3,161	3,629	3,926	3,547	3,316	3,146	3,043	0	0	0
Average common shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,762	1,762	1,760	-	1,751,908	1,751	1,751	-	1,747	1,747	-	-	-
Earnings per common share
Basic earnings per common share (in dollars per share)
0.44	0.55	0.80	0.76	0.77	0.00	0.51	0.62	0.60	0.26	0.77	0.48	0.44	0.57	0.49	0.43	0.37	0.46	0.70	0.48	0.42	0.71	0.56	0.48	0.46	-	0.55	-	-	-	0.31	0.65	-	-	-	-	-	-	-
Basic and diluted earnings per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.46	0.42	-	-	-	0.52	-	0.49	0.43	0.47	0.59	0.52
Diluted earnings per common share (in dollars per share)
0.44	0.54	0.80	0.75	0.77	-0.01	0.51	0.62	0.60	0.24	0.77	0.48	0.44	0.56	0.49	0.43	0.37	0.45	0.70	0.48	0.42	0.70	0.56	0.48	0.46	-	0.54	0.46	-	-	0.31	0.65	-	-	-	-	-	-	-
Average common shares outstanding - basic (in shares)
2,708	-	2,698	2,698	2,698	-	2,271	2,271	2,271	-	2,204	2,164	2,152	-	2,146	2,146	2,144	-	2,136	1,864	1,781	-	1,770	1,770	1,769,389	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Average common shares outstanding - diluted (in shares)
2,723	-	2,719	2,715	2,712	-	2,291	2,288	2,285	-	2,220	2,182	2,168	-	2,158	2,156	2,153	-	2,148	1,876	1,792	-	1,787	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Average common shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,460	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-
Average common shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,457,404	1,432,261