Evans bancorp inc (EVBN)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
INTEREST INCOME
Loans

14,546

15,044

15,645

15,142

14,362

14,044

13,676

13,199

12,363

11,828

11,659

10,646

10,246

10,102

9,620

8,878

8,730

8,488

8,403

7,934

7,813

8,645

7,865

7,879

7,510

7,572

7,445

7,277

7,252

7,704

7,567

7,521

7,508

7,653

7,254

7,081

7,152

7,111

7,049

Interest-bearing deposits at banks

181

133

159

156

249

339

63

15

10

4

7

43

12

2

1

33

11

14

16

33

1

2

1

15

15

30

39

45

18

14

15

15

9

8

7

7

4

1

3

Securities:
Taxable

1,049

801

993

942

801

788

805

863

797

761

706

563

436

329

385

561

377

694

407

429

405

443

469

455

449

443

402

404

417

419

450

457

545

520

571

538

486

496

381

Non-taxable

47

50

48

85

130

138

146

170

196

201

202

210

224

231

235

222

238

241

273

240

237

238

241

243

245

261

263

267

269

274

277

296

306

337

337

389

371

384

403

Total interest income

15,823

16,028

16,845

16,325

15,542

15,309

14,690

14,247

13,366

12,794

12,574

11,462

10,918

10,664

10,241

9,694

9,356

9,437

9,099

8,636

8,456

9,328

8,576

8,592

8,219

8,306

8,149

7,993

7,956

8,411

8,309

8,289

8,368

8,518

8,169

8,015

8,013

7,992

7,836

INTEREST EXPENSE
Deposits

2,876

3,056

3,038

3,002

2,843

2,747

2,412

1,759

1,498

1,329

1,252

1,190

1,116

1,068

977

1,036

959

870

828

860

781

794

752

756

756

790

806

810

890

1,052

1,106

1,146

1,242

1,354

1,386

1,461

1,420

1,444

1,420

Other borrowings

47

46

45

45

45

-

51

160

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other borrowings

-

-

-

-

-

-

-

-

298

-

116

50

58

94

100

51

50

48

49

46

15

12

64

75

86

88

87

100

161

169

170

177

187

188

187

185

215

229

234

Junior subordinated debentures

124

134

141

144

146

144

141

132

118

111

111

104

100

99

95

91

87

83

83

82

79

81

82

79

79

83

82

81

79

88

88

85

87

86

82

82

81

86

83

Total interest expense

3,047

3,236

3,224

3,191

3,034

2,936

2,604

2,051

1,914

1,634

1,479

1,344

1,274

1,261

1,172

1,178

1,096

1,001

960

988

875

887

898

910

921

961

975

991

1,130

1,309

1,364

1,408

1,516

1,628

1,655

1,728

1,716

1,759

1,737

NET INTEREST INCOME

12,776

12,792

13,621

13,134

12,508

12,373

12,086

12,196

11,452

11,160

11,095

10,118

9,644

9,403

9,069

8,516

8,260

8,436

8,139

7,648

7,581

8,441

7,678

7,682

7,298

7,345

7,174

7,002

6,826

7,102

6,945

6,881

6,852

6,890

6,514

6,287

6,297

6,233

6,099

PROVISION FOR LOAN LOSSES

2,999

-122

-431

90

538

-276

252

659

767

-

161

410

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-435

-

1,006

-376

208

204

396

415

201

573

327

176

153

236

774

80

450

-129

9

301

-249

828

159

1,009

488

1,012

309

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

9,777

12,914

14,052

13,044

11,970

12,649

11,834

11,537

10,685

10,558

10,934

9,708

10,079

9,032

8,063

8,892

8,052

8,232

7,743

7,233

7,380

7,868

7,351

7,506

7,145

7,109

6,400

6,922

6,376

7,231

6,936

6,580

7,101

6,062

6,355

5,278

5,809

5,221

5,790

NON-INTEREST INCOME
Deposit service charges

628

747

687

602

533

571

571

525

509

-

448

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit service charges

-

-

-

-

-

-

-

-

-

-

-

428

390

-

475

403

443

461

455

411

409

432

482

464

461

511

540

506

482

498

487

437

436

483

498

416

386

471

480

Insurance service and fees

2,425

2,120

3,225

2,901

2,442

2,233

3,215

1,952

1,965

1,649

2,169

1,912

2,168

1,344

1,855

1,572

1,748

1,572

1,972

1,821

1,829

1,525

1,888

1,586

2,132

1,580

1,906

1,726

1,999

1,604

1,774

1,643

1,945

1,363

1,849

1,601

2,089

1,775

1,629

(Gain) loss on sale of securities

-

-

-

-

-

-

-98

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Data center income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

85

101

107

122

118

110

114

110

103

119

124

120

127

192

239

207

198

Net gain on sales and calls of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

26

-

-

-

-

Net gain on sales and calls of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

13

Gain on loans sold

51

49

43

36

26

-

6

-

-

25

61

52

18

14

35

29

15

19

34

58

22

-

87

40

-

0

0

0

25

207

129

75

53

83

33

20

52

48

16

Gain on insurance settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

734

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Bank-owned life insurance

160

164

160

173

159

166

165

178

171

464

128

142

130

135

144

141

136

140

134

152

137

141

137

151

145

158

108

129

113

119

118

134

118

124

117

110

103

117

133

Loss on tax credit investment

-2,475

-

-

-

-

-

-165

-

-

-

-1,338

-919

-

-

-

-2,139

-

-

-

-

-

-

-

-

-

-

-1,555

-

-

-

-

-

-

-

-

-

-

-

-

Refundable state historic tax credit

1,857

-

-

-

-

-

150

-

-

-

972

647

-

-

-

1,508

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interchange fee income

-

-

-

-

-

-

-

-

-

-

-

379

344

-

319

340

318

332

320

324

294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interchange fee income

382

423

438

440

421

425

413

420

492

-

379

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

310

533

611

578

614

386

507

564

649

532

546

448

472

650

507

426

334

397

608

710

375

-114

831

713

550

-1,127

1,501

743

577

-202

605

630

613

-198

534

586

592

505

510

Total non-interest income

3,338

3,993

5,164

4,730

4,195

3,038

4,764

3,639

3,786

3,027

3,365

3,089

3,522

2,643

3,335

2,280

2,994

2,921

4,257

3,476

3,066

313

3,510

3,055

3,395

3,019

2,618

3,214

3,310

3,280

3,216

3,038

3,289

2,862

3,184

2,925

3,461

3,123

2,979

NON-INTEREST EXPENSE
Salaries and employee benefits

7,797

7,355

7,644

7,469

7,160

7,220

7,090

6,475

6,627

6,249

6,271

5,959

5,646

5,481

5,402

5,467

5,514

5,365

5,253

5,066

4,794

4,793

4,792

4,564

4,695

4,604

4,637

4,225

4,289

4,083

4,778

4,229

4,214

3,931

4,073

3,912

3,904

3,708

3,727

Litigation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Occupancy

861

868

853

872

836

855

795

727

758

844

805

775

775

744

732

740

699

722

675

697

695

720

720

685

743

761

695

738

816

776

679

645

685

749

777

816

777

707

710

Repairs and maintenance

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

230

215

173

186

190

180

176

189

169

187

178

213

210

177

169

191

184

155

159

148

179

Advertising and public relations

269

421

231

214

167

362

258

326

124

378

311

216

190

315

232

190

285

227

188

231

211

218

146

281

222

268

158

236

124

214

119

336

145

247

188

247

130

88

257

Professional services

1,374

1,059

1,009

929

745

599

588

626

653

594

514

550

602

445

535

656

580

500

673

670

511

445

438

418

518

478

480

480

454

463

356

567

539

457

510

407

402

355

388

Technology and communications

1,096

1,075

1,057

1,099

893

909

874

847

764

740

730

804

607

621

504

551

598

1,130

354

262

259

305

247

278

300

353

299

340

291

345

320

269

263

317

212

220

235

265

163

Amortization expense

130

112

112

112

112

112

112

28

28

29

28

28

28

-

-

-

-

-

-

-

-

0

27

40

41

41

55

62

63

62

77

106

104

114

120

126

130

221

228

FDIC insurance

179

74

0

150

207

251

295

246

232

189

195

129

227

210

201

182

159

161

151

148

147

142

137

112

162

126

147

165

138

130

118

139

134

153

135

135

229

312

217

Other

1,164

1,207

1,370

1,304

1,104

1,124

1,445

958

985

1,363

982

856

980

1,322

1,105

933

693

1,178

756

952

722

1,008

788

774

761

879

708

824

723

918

699

855

656

912

604

744

639

645

679

Total non-interest expense

12,870

12,171

12,276

12,149

11,224

11,432

11,457

10,233

10,171

10,386

9,836

9,317

9,055

9,138

8,711

8,719

8,528

8,665

8,280

8,241

7,512

7,817

7,485

8,332

7,618

7,699

7,348

7,257

7,076

7,204

7,356

7,323

6,909

7,071

6,803

6,762

6,605

6,449

6,548

INCOME BEFORE INCOME TAXES

245

4,736

6,940

5,625

4,941

4,255

5,141

4,943

4,300

3,199

4,463

3,480

4,546

2,537

2,687

2,453

2,518

2,488

3,720

2,468

2,934

364

3,376

2,229

2,922

2,429

1,670

2,879

2,610

3,307

2,796

2,295

3,481

1,853

2,736

1,441

2,665

1,895

2,221

INCOME TAX PROVISION

41

988

1,776

1,243

1,221

-196

346

1,152

981

2,207

740

862

1,400

198

471

450

804

734

1,211

793

1,029

-1,941

1,086

650

909

761

-780

956

794

1,185

660

800

1,102

514

810

469

790

617

590

NET INCOME

204

3,748

5,164

4,382

3,720

4,451

4,795

3,791

3,319

992

3,723

2,618

3,146

2,339

2,216

2,003

1,714

-

2,509

1,675

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCOME

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,905

-

2,290

1,579

2,013

1,668

2,450

1,923

1,816

2,122

2,136

1,495

2,379

1,339

1,926

972

1,875

1,278

1,631

Net income per common share-basic

0.04

0.75

1.05

0.90

0.77

0.93

0.99

0.79

0.69

0.20

0.78

0.55

0.68

0.54

0.52

0.47

0.40

0.41

0.59

0.40

0.45

0.55

0.55

0.38

0.48

0.39

0.59

0.46

0.44

0.51

0.51

0.36

0.58

0.32

0.47

0.24

0.46

0.31

0.47

Net income per common share-diluted

0.04

0.75

1.04

0.88

0.75

0.90

0.97

0.77

0.68

0.20

0.76

0.54

0.66

0.53

0.51

0.46

0.40

0.41

0.58

0.39

0.44

0.54

0.54

0.37

0.47

0.38

0.58

0.46

0.43

0.50

0.51

0.36

0.58

0.32

0.47

0.24

0.46

0.31

0.47

Cash dividends per common share

-

-

0.52

-

-

0.00

0.46

0.00

0.46

0.00

0.40

0.00

0.40

0.00

0.38

0.00

0.38

0.00

0.36

0.00

0.36

0.00

0.34

0.00

0.31

-

0.26

-

-

0.24

0.22

0.00

0.22

-

-

-

-

-

-

Cash dividends per common share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.20

0.00

0.20

0.20

0.00

Weighted average number of common shares outstanding

4,936

4,924

4,918

4,891

4,855

4,836

4,824

4,810

4,787

4,780

4,774

4,764

4,634

4,293

4,287

4,284

4,263

4,251

4,241

4,234

4,213

4,195

4,184

4,166

4,200

4,224

4,181

4,179

4,173

4,157

4,153

4,139

4,126

4,115

4,107

4,100

4,085

4,067

3,456

Weighted average number of diluted shares outstanding

4,992

5,010

4,976

4,953

4,932

4,948

4,940

4,933

4,912

4,908

4,896

4,880

4,757

4,396

4,362

4,346

4,328

4,315

4,312

4,309

4,291

4,264

4,260

4,248

4,284

4,293

4,232

4,219

4,210

4,172

4,177

4,156

4,131

4,106

4,109

4,106

4,096

4,068

3,460