Entegra financial corp. (ENFC)
Income statement / Quarterly
Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13Jun'13
Interest income:
Interest and fees on loans

13,444

13,238

12,916

13,006

12,621

12,468

11,892

12,026

9,175

9,035

8,476

8,439

8,424

8,255

7,206

7,086

6,824

6,647

6,470

6,575

6,677

6,737

7,608

6,794

7,046

Interest on tax exempt loans

102

104

108

112

106

92

92

95

98

98

89

95

99

98

45

43

40

32

26

18

17

16

17

-

-

Taxable securities

1,945

1,988

2,081

2,018

1,827

1,557

1,789

1,658

1,787

1,821

1,759

1,454

1,294

1,422

1,458

1,364

1,345

1,278

1,236

1,163

1,024

973

979

939

798

Tax-exempt securities

760

759

760

749

695

607

550

771

817

798

731

629

432

306

143

121

104

84

70

77

85

92

93

92

93

Interest-earning deposits

564

484

472

407

528

432

349

217

216

127

116

58

62

54

36

16

13

22

24

46

21

18

10

5

8

Other

181

173

205

173

201

173

170

141

161

145

172

151

133

122

105

117

75

49

58

63

89

26

21

15

70

Total interest and dividend income

16,996

16,746

16,542

16,465

15,978

15,329

14,842

14,908

12,254

12,024

11,343

10,826

10,444

10,257

8,993

8,747

8,401

8,112

7,884

7,942

7,913

7,862

8,728

7,845

8,015

Interest expense:
Deposits

3,633

3,404

2,926

2,578

2,331

1,827

1,382

1,247

1,114

1,085

1,028

983

1,007

1,032

942

962

1,014

1,149

1,209

1,310

1,362

1,348

1,341

1,420

1,482

Federal Home Loan Bank advances

1,315

1,383

1,396

1,289

1,091

930

820

730

641

542

530

454

371

319

275

235

203

183

205

177

178

174

174

158

159

Junior subordinated notes

142

142

139

141

141

142

138

139

140

141

137

138

140

128

126

116

115

115

112

127

207

52

123

123

122

Other borrowings

52

97

128

127

123

120

109

110

36

34

30

32

29

30

26

25

28

26

26

0

0

0

0

-

-

Interest Expense

5,142

5,026

4,589

4,135

3,686

3,019

2,449

2,226

1,931

1,802

1,725

1,607

1,547

1,509

1,369

1,338

1,360

1,473

1,552

1,614

1,747

1,574

1,638

1,701

1,763

Net interest income

11,854

11,720

11,953

12,330

12,292

12,310

12,393

12,682

10,323

10,222

9,618

9,219

8,897

8,748

7,624

7,409

7,041

6,639

6,332

6,328

6,166

6,288

7,090

6,144

6,252

Provision for loan losses

0

130

116

147

336

357

361

737

520

325

315

174

100

0

0

0

0

0

-1,500

6

16

6

5

564

869

Net interest income after provision for loan losses

11,854

11,590

11,837

12,183

11,956

11,953

12,032

11,945

9,803

9,897

9,303

9,045

8,797

8,748

7,624

7,409

7,041

6,639

7,832

6,322

6,150

6,282

7,085

5,580

5,383

Noninterest income:
Servicing (loss) income, net

51

-14

89

233

180

39

94

-

59

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking

475

341

263

203

233

283

239

-

207

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Servicing income, net

-

-

-

-

-

-

-

-

-

158

95

-

72

75

116

108

128

19

86

73

66

147

279

-48

-47

Mortgage banking

-

-

-

-

-

-

-

-

-

344

220

-

387

220

140

150

284

85

255

229

145

232

194

399

951

Gain on sale of SBA loans

290

17

80

11

257

229

61

110

290

4

142

186

124

284

334

142

467

3

211

540

15

0

74

-

-

Loss on sale of investments, net

-

-

-

-23

0

-508

-12

-

-24

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment

-

-

-

-

-

-

-

57

0

0

700

-

0

0

0

-

-

-

-

0

0

0

76

-

-

Gain (loss) on sale of investments, net

-

-

-

-

-

-

-

-

-

36

7

-

407

429

269

81

35

123

164

5

273

317

62

-2

98

Equity securities gains (losses)

-30

112

418

-527

191

45

-53

241

138

100

207

57

93

104

74

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

406

401

398

431

406

405

431

-

436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interchange fees, net

305

298

246

307

276

271

248

-

246

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment on cost method investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

412

391

-

370

387

394

363

291

317

298

315

299

291

298

-

-

Interchange fees

-

-

-

-

-

-

-

-

-

243

166

-

385

382

342

339

339

322

278

290

295

291

250

-

-

Bank owned life insurance

189

185

180

283

195

194

200

200

208

214

181

178

110

94

107

80

115

133

129

83

115

129

129

141

138

Legal settlement income

-

0

1,750

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

372

228

278

393

227

340

208

199

215

182

130

109

118

124

99

82

164

89

118

199

208

148

164

168

237

Total noninterest income

2,058

1,568

3,702

1,311

1,965

1,298

1,416

699

1,775

1,693

839

1,031

2,066

2,099

1,875

1,345

1,823

1,088

1,539

1,734

1,416

1,555

1,374

1,213

1,907

Noninterest expenses:
Compensation and employee benefits

5,802

5,710

6,020

5,492

5,882

5,652

5,617

5,309

4,937

5,086

4,836

4,426

4,471

4,257

4,010

3,584

3,527

3,817

3,697

3,084

2,865

2,947

2,947

2,811

2,848

Net occupancy

1,052

1,084

1,120

1,166

1,128

1,122

1,092

1,238

974

926

951

953

929

835

817

819

734

731

702

733

655

669

640

609

639

Federal deposit insurance

-3

141

142

181

191

148

279

134

140

135

104

94

108

184

176

163

179

279

284

294

275

258

438

425

420

Professional and advisory

179

259

325

413

413

333

277

308

292

363

274

246

208

293

212

219

275

261

250

193

149

182

198

196

150

Data processing

526

510

493

470

532

566

509

469

390

424

401

397

406

400

351

341

310

282

280

308

272

276

226

221

232

Federal Home Loan Bank prepayment penalties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,762

-

-

0

0

-

-

-

Marketing and advertising

159

156

279

236

227

235

209

226

253

226

248

259

309

302

200

-

130

85

-

-

-

-

-

-

-

Merger-related expenses

295

-

-

-

96

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger-related expenses

-

1,584

1,350

-

-

272

196

2,114

116

408

448

174

107

1,771

145

309

20

0

0

-

-

-

-

-

-

Net cost of operation of real estate owned

46

23

7

54

59

93

50

119

-121

81

134

67

167

210

286

2

171

116

216

936

590

604

840

1,084

-

Real estate owned operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

301

Real estate owned valuation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,239

(Gain) loss on sale of real estate owned, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

Other

861

1,081

1,002

957

1,013

1,018

894

957

999

981

967

246

1,137

1,061

1,082

902

868

848

1,147

528

771

732

824

701

628

Total noninterest expenses

8,917

10,548

10,738

8,969

9,541

9,439

9,123

10,874

7,980

8,630

8,363

6,980

7,842

9,313

7,279

6,659

6,214

8,181

6,576

6,409

5,577

5,668

6,113

6,047

6,469

Income before taxes

4,995

2,610

4,801

4,525

4,380

3,812

4,325

1,770

3,598

2,960

1,779

3,096

3,021

1,534

2,220

2,095

2,650

-454

2,795

1,647

1,989

2,169

2,346

746

821

Income tax expense (benefit)

998

446

986

802

857

725

743

5,064

1,127

858

479

744

1,221

676

854

155

485

-17,559

180

345

107

1,501

255

46

429

Net income

3,997

2,164

3,815

3,723

3,523

3,087

3,582

-3,294

2,471

2,102

1,300

2,352

1,800

858

1,366

1,940

2,165

17,105

2,615

1,302

1,882

668

2,091

700

392

Earnings per common share:
Earnings per share - basic

0.58

0.31

0.55

0.54

0.51

0.45

0.52

-0.52

0.38

0.33

0.20

0.36

0.28

0.13

0.21

-

0.33

2.61

-

-

-

-

-

-

-

Earnings per share - diluted

0.56

0.31

0.55

0.54

0.50

0.44

0.51

-0.51

0.38

0.32

0.20

0.36

0.28

0.13

0.21

-

0.33

2.61

-

-

-

-

-

-

-

Weighted average common shares outstanding:
Earnings per share - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.40

-

0.29

-

-

0.00

-

Common shares outstanding - Basic

6,923

6,920

6,918

6,901

6,891

6,889

6,885

6,866

6,458

6,456

6,464

6,458

6,466

6,466

6,517

6,546

6,546

6,546

6,546

-

-

-

-

-

-

Common shares outstanding - Diluted

7,089

7,050

6,943

6,934

7,031

7,037

7,027

7,015

6,548

6,549

6,521

6,475

6,484

6,482

6,517

6,546

6,546

6,546

6,546

-

-

-

-

-

-

Average shares outstanding - basic and diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,546

-

-

0

-