Evans bancorp inc (EVBN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST INCOME
Loans

60,193

53,282

44,379

37,330

32,638

31,899

29,546

30,300

29,140

28,102

27,416

Interest-bearing deposits at banks

697

427

66

47

64

33

132

53

26

9

1

Securities:
Taxable

3,537

3,253

2,466

1,652

1,935

1,816

1,666

1,871

2,115

1,740

1,608

Non-taxable

313

650

837

926

991

967

1,060

1,153

1,434

1,566

1,676

Total interest income

64,740

57,612

47,748

39,955

35,628

34,715

32,404

33,377

32,715

31,417

30,701

INTEREST EXPENSE
Deposits

11,939

8,416

4,887

4,040

3,339

3,058

3,296

4,546

5,621

5,660

6,844

Other borrowings

181

554

418

-

-

-

-

-

-

-

-

Other borrowings

-

-

-

295

158

237

436

703

775

929

864

Junior subordinated debentures

565

535

426

372

327

321

325

348

331

333

399

Total interest expense

12,685

9,505

5,731

4,707

3,824

3,616

4,057

5,597

6,727

6,922

8,107

NET INTEREST INCOME

52,055

48,107

42,017

35,248

31,804

31,099

28,347

27,780

25,988

24,495

22,594

PROVISION FOR LOAN LOSSES

75

1,402

738

1,209

-

-

-

-

-

-

-

PROVISION FOR LOAN LOSSES

-

-

-

-

1,216

1,229

1,540

-68

2,484

3,943

10,500

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

51,980

46,705

41,279

34,039

30,588

29,870

26,807

27,848

23,504

20,552

12,094

NON-INTEREST INCOME
Deposit service charges

2,569

2,176

1,747

1,750

-

-

-

-

-

-

-

Deposit service charges

-

-

-

-

1,736

1,839

2,039

1,858

1,783

1,897

2,260

Insurance service and fees

10,688

9,365

7,898

6,519

7,194

7,131

7,211

6,966

6,902

6,992

7,191

Data center income

-

-

-

-

-

-

464

456

678

845

849

Net gain on sales and calls of securities

-

-

-

-

-

-

-

-

26

7

-

Net gain on sales and calls of securities

-

-

-

-

-

-

-

-

-

-

18

Gain on loans sold

154

38

156

93

133

203

25

464

188

152

93

Bank-owned life insurance

656

680

864

556

563

574

508

489

454

468

578

Loss on tax credit investment

-158

-2,870

-3,997

-3,022

-

-2,596

-1,555

-

-

-

-

Refundable state historic tax credit

115

1,982

2,843

2,117

-

-

-

-

-

-

-

Gain on insurance settlement

-

-

-

-

734

-

-

-

-

-

-

Interchange fee income

-

-

-

-

1,270

1,142

1,059

944

887

783

-

Gain on termination of loss sharing agreement

-

-

-

-

-

-

716

-

-

-

-

Interchange fee income

1,722

1,750

1,494

1,322

-

-

-

-

-

-

625

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

671

Other

2,336

2,106

1,998

1,917

2,090

1,980

1,694

1,646

1,514

1,489

1,782

Total non-interest income

18,082

15,227

13,003

11,252

13,720

10,273

12,161

12,823

12,432

12,633

14,067

NON-INTEREST EXPENSE
Salaries and employee benefits

29,628

27,412

24,125

21,864

20,478

18,844

17,755

17,304

15,820

14,821

12,751

Occupancy

3,429

3,135

3,199

2,915

2,789

2,868

3,010

2,785

3,119

2,940

2,765

Repairs and maintenance

-

-

-

-

-

732

723

769

689

674

721

Advertising and public relations

1,033

1,070

1,095

1,022

857

867

786

814

812

627

575

Professional services

3,742

2,466

2,260

2,216

2,354

1,819

1,892

1,925

1,776

1,533

1,484

Technology and communications

4,124

3,394

2,881

2,274

2,005

1,130

1,283

1,197

984

1,026

1,065

Litigation expense

-

-

-

-

-

-1,000

-

-

-

-

-

Amortization expense

448

280

113

-

-

108

221

349

490

900

930

FDIC insurance

431

1,024

740

752

607

553

576

521

652

1,023

941

Goodwill impairment

-

-

-

-

-

-

-

-

-

-

1,985

Other

4,985

4,512

4,181

4,053

3,608

3,331

3,134

3,128

2,899

2,563

2,840

Total non-interest expense

47,820

43,293

38,594

35,096

32,698

31,252

29,380

28,792

27,241

26,107

26,057

INCOME BEFORE INCOME TAXES

22,242

18,639

15,688

10,195

11,610

8,891

9,588

11,879

8,695

7,078

104

INCOME TAX PROVISION

5,228

2,283

5,209

1,923

3,767

704

1,731

3,747

2,583

2,238

-603

NET INCOME

17,014

16,356

10,479

8,272

7,843

8,187

-

-

-

-

-

NET INCOME

-

-

-

-

-

-

7,857

8,132

6,112

4,840

707

Net income per common share-basic

3.47

3.40

2.21

1.93

1.85

1.96

1.88

1.96

1.49

1.34

0.25

Net income per common share-diluted

3.42

3.32

2.16

1.90

1.82

1.92

1.85

1.95

1.49

1.34

0.25

Cash dividends per common share

1.04

0.92

0.80

0.76

0.72

0.65

0.26

0.68

0.40

0.40

-

Cash dividends per common share

-

-

-

-

-

-

-

-

-

-

0.61

Weighted average number of common shares outstanding

4,897

4,814

4,738

4,281

4,235

4,186

4,189

4,144

4,102

3,613

2,788

Weighted average number of diluted shares outstanding

4,968

4,933

4,860

4,358

4,307

4,264

4,239

4,159

4,104

3,616

2,793