Essa bancorp, inc. (ESSA)
Income statement / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09
INTEREST INCOME
Loans receivable, including fees

56,522

53,399

48,162

49,084

45,067

43,382

44,744

38,384

38,949

40,598

42,290

Investment securities:
Taxable

9,338

8,826

8,042

7,402

7,199

6,385

5,958

6,583

7,964

8,337

9,990

Exempt from federal income tax

335

903

1,194

1,074

965

550

272

209

258

315

331

Other investment income

1,564

1,375

920

806

948

459

128

24

5

7

122

Total interest income

67,759

64,503

58,318

58,366

54,179

50,776

51,102

45,200

47,176

49,257

52,733

INTEREST EXPENSE
Deposits

14,422

10,308

8,471

7,595

7,425

7,907

7,408

7,486

7,486

6,386

6,942

Short-term borrowings

3,471

3,516

1,449

658

431

180

129

32

46

88

395

Other borrowings

2,856

2,444

2,879

3,178

2,534

2,540

3,720

8,614

10,748

14,832

-

Other borrowings

-

-

-

-

-

-

-

-

-

-

16,402

Total interest expense

20,749

16,268

12,799

11,431

10,390

10,627

11,257

16,132

18,280

21,306

23,739

NET INTEREST INCOME

47,010

48,235

45,519

46,935

43,789

40,149

39,845

29,068

28,896

27,951

28,994

Provision for loan losses

2,076

4,000

3,350

2,550

2,075

2,350

3,750

2,550

2,055

2,175

1,500

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

44,934

44,235

42,169

44,385

41,714

37,799

36,095

26,518

26,841

25,776

27,494

NONINTEREST INCOME
Service fees on deposit accounts

3,319

3,373

3,440

-

-

-

-

-

-

-

-

Services charges and fees on loans

1,225

1,319

1,337

-

-

-

-

-

-

-

-

Unrealized gain on equity securities

5

-

-

-

-

-

-

-

-

-

-

Trust and investment fees

1,099

1,020

752

-

-

-

-

-

-

-

-

Gain on sale of investment securities, net

44

162

295

-

-

-

-

-

-

-

-

Service fees on deposit accounts

-

-

-

3,552

3,271

3,185

3,133

2,871

3,019

3,191

3,181

Services charges and fees on loans

-

-

-

1,176

1,152

865

1,027

-

-

-

-

Services charges and fees on loans

-

-

-

-

-

-

-

747

639

515

-

Services charges and fees on loans

-

-

-

-

-

-

-

-

-

-

567

Trust and investment fees

-

-

-

780

901

906

853

905

851

842

847

Impairment loss on securities

-

-

-

-

-

-

-

-

-

-

-68

Gain on sale of investments, net

-

-

-

1,258

786

333

749

343

778

1,220

178

Gain on sale of loans, net

-

-

-

-

-

-

426

282

3

354

430

Earnings on Bank-owned life insurance

971

1,004

1,033

938

935

923

949

806

638

547

556

Insurance commissions

818

764

747

843

790

841

838

748

361

-

-

Gain on acquisition

-

-

-

-

-

241

-

-

-

-

-

Other

676

171

595

236

61

113

49

33

36

39

-

Other

-

-

-

-

-

-

-

-

-

-

37

Total noninterest income

8,157

7,813

8,199

8,783

7,896

7,407

8,024

6,735

6,325

6,708

5,728

NONINTEREST EXPENSE
Compensation and employee benefits

24,029

23,307

24,420

23,630

20,606

18,920

19,002

16,284

15,865

14,981

14,577

Occupancy and equipment

4,189

4,461

4,472

5,129

4,150

4,050

3,895

3,178

3,071

2,951

2,916

Professional fees

2,054

2,368

2,886

2,529

1,983

1,883

1,868

1,368

1,488

1,491

1,376

Data processing

3,648

3,561

3,657

3,960

3,449

3,270

2,907

2,058

1,876

1,971

1,886

Advertising

699

903

1,137

1,061

974

633

574

415

658

626

672

Federal Deposit Insurance Corporation (FDIC) premiums

417

871

870

1,160

1,125

1,002

947

783

763

821

682

Loss (gain) on foreclosed real estate

81

24

370

-27

148

-

-

-

-

-

-

(Gain) loss on foreclosed real estate

-

-

-

-

-

466

468

-

-

-

5

(Gain)/loss on foreclosed real estate

-

-

-

-

-

-

-

112

35

1,200

-

Merger-related costs

-

-

-

245

285

522

-

1,379

-

-

-

Prepayment penalties on borrowings

-

-

-

-

-

-

-

4,644

-

-

-

Amortization of intangible assets

309

469

643

763

637

959

991

436

135

-

-

Other

2,789

3,937

3,723

4,354

3,804

3,038

2,746

2,348

2,154

2,087

1,999

Total noninterest expense

38,053

39,853

41,438

42,858

36,865

33,811

32,462

33,005

26,045

26,128

24,113

Income before income taxes

15,038

12,195

8,930

10,310

12,745

11,395

11,657

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

248

7,121

6,356

9,109

Income taxes

2,415

5,664

1,591

2,583

2,954

2,891

2,834

33

1,863

1,844

2,553

NET INCOME

12,623

6,531

7,339

7,727

9,791

8,504

8,823

215

5,258

4,512

6,556

Earnings per share
Basic

1.18

0.60

0.69

0.74

0.94

0.79

0.76

0.02

0.46

0.36

0.47

Diluted

1.18

0.60

0.69

0.73

0.93

0.79

0.76

0.02

0.46

0.36

0.47

Dividends per share

0.40

0.36

0.36

0.36

0.34

0.26

0.20

0.20

0.20

0.20

0.17