Flagstar Bancorp, Inc. FBC Income Statement

Flagstar bancorp, inc. (FBC)

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 Income
Loans
739,000	713,000	676,000	652,000	620,000	595,000	563,000	522,000	485,000	446,000	411,000	381,000	355,000	348,000	335,000	322,000	314,000	295,000	277,300	264,300	252,300	246,000	248,386	260,019	279,750	313,000	361,778	400,303	434,183	456,141	460,463	456,271	438,815	427,022	432,070	438,057	0	0	0
Investment securities
72,000	77,000	83,000	87,000	88,000	86,000	85,000	84,000	83,000	80,000	77,000	73,000	70,000	68,000	66,000	64,000	62,000	59,000	53,500	50,500	45,500	39,000	35,103	25,568	17,406	12,000	7,673	11,120	16,132	22,609	29,263	33,977	36,076	35,602	37,640	48,749	0	0	0
Interest-earning deposits and other
4,000	4,000	3,000	3,000	3,000	2,000	2,000	2,000	0	-	0	0	-	-	0	0	-	-	0	0	-	1,000	1,056	2,765	4,254	5,000	4,818	3,781	2,754	2,220	1,973	1,734	2,229	2,785	2,863	2,912	0	0	0
Total interest income
815,000	794,000	762,000	742,000	711,000	683,000	650,000	607,000	569,000	527,000	490,000	456,000	426,000	417,000	401,000	386,000	377,000	355,000	332,600	316,600	298,600	286,000	284,545	288,352	301,410	330,000	374,269	415,204	453,069	480,970	491,699	491,982	477,120	465,409	472,573	489,718	0	0	0
Interest Expense
Deposits
141,000	138,000	131,000	120,000	106,000	94,000	80,000	66,000	57,000	52,000	49,000	48,000	47,000	46,000	46,000	44,000	44,000	42,000	40,000	38,000	33,000	30,000	26,321	28,344	34,492	42,000	50,696	58,492	64,665	70,143	76,069	80,929	87,510	95,546	114,873	133,715	0	0	0
Short-term Federal Home Loan Bank advances and other
54,000	59,000	62,000	70,000	70,000	68,000	63,000	56,000	48,000	36,000	24,000	14,000	6,000	5,000	3,000	4,000	3,000	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term Federal Home Loan Bank advances
9,000	7,000	-21,000	-16,000	-10,000	-4,000	28,000	27,000	25,000	24,000	22,000	23,000	26,000	27,000	29,000	26,000	22,000	18,000	10,500	7,500	4,500	2,000	24,734	48,168	71,339	95,000	97,520	100,177	103,392	106,625	109,516	112,546	115,378	117,963	130,134	142,164	0	0	0
Security repurchase agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other long-term debt
27,000	28,000	28,000	28,000	28,000	28,000	27,000	27,000	26,000	25,000	25,000	24,000	20,000	16,000	11,000	7,000	7,000	7,000	7,300	7,300	7,300	7,000	7,740	7,405	7,048	7,000	6,662	6,750	6,845	6,971	6,962	6,820	6,699	6,527	6,851	7,588	0	0	0
Total interest expense
231,000	232,000	200,000	202,000	194,000	186,000	198,000	176,000	156,000	137,000	120,000	109,000	99,000	94,000	89,000	81,000	76,000	68,000	59,800	52,800	44,800	39,000	58,795	83,917	112,879	144,000	154,878	165,419	174,902	183,739	192,547	200,295	209,587	220,036	251,858	285,064	0	0	0
Interest Income (Expense), Net
584,000	562,000	562,000	540,000	517,000	497,000	452,000	431,000	413,000	390,000	370,000	347,000	327,000	323,000	312,000	305,000	301,000	287,000	272,800	263,800	253,800	247,000	225,750	204,435	188,531	186,000	219,391	249,785	278,167	297,231	299,152	291,687	267,533	245,373	220,715	204,654	0	0	0
Provision for credit losses
32,000	18,000	13,000	10,000	-8,000	-8,000	-1,000	3,000	3,000	6,000	5,000	10,000	8,000	-8,000	-10,000	-18,000	-28,000	-19,000	-12,300	-3,300	15,700	132,000	140,269	136,322	161,885	70,000	106,382	154,924	181,789	276,047	289,244	273,339	263,295	176,931	164,782	214,111	0	0	0
Net interest income after provision for credit losses
552,000	544,000	549,000	530,000	525,000	505,000	453,000	428,000	410,000	384,000	365,000	337,000	319,000	331,000	322,000	323,000	329,000	306,000	285,100	267,100	238,100	115,000	85,481	68,113	26,646	116,000	113,009	94,861	96,378	21,184	9,908	18,348	4,238	68,442	55,933	-9,457	0	0	0
Noninterest Income
Gain (loss) on trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,348	18,800	15,191	21,088	30,767	80,042	0	0	0
Loss on transferors' interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	9,490	13,616	0	0	0
Gain (Loss) on Sales of Loans, Net
376,000	335,000	268,000	201,000	189,000	200,000	245,000	277,000	280,000	268,000	246,000	265,000	289,000	316,000	305,000	279,000	272,000	288,000	295,700	279,700	251,700	206,000	196,896	219,969	309,760	402,000	596,356	855,710	923,585	990,898	858,866	628,297	455,458	300,789	297,080	257,479	0	0	0
Loan fees and charges
109,000	100,000	90,000	84,000	84,000	87,000	91,000	91,000	87,000	82,000	78,000	77,000	76,000	76,000	70,000	65,000	65,000	67,000	69,700	71,700	77,700	73,000	76,148	78,024	82,940	104,000	124,945	141,428	146,295	142,908	130,725	111,749	91,678	77,843	73,598	75,451	0	0	0
Net return on mortgage servicing rights
6,000	6,000	19,000	34,000	38,000	36,000	22,000	15,000	12,000	22,000	21,000	4,000	-6,000	-26,000	0	0	0	-	-	-	5,900	24,000	-104,600	-78,383	-79,119	-91,000	-50,817	-76,702	-81,949	-88,485	11,015	7,096	5,698	7,903	-6,275	-4,954	0	0	0
Loan Administration Income
31,000	30,000	30,000	30,000	29,000	23,000	20,000	20,000	21,000	21,000	20,000	19,000	17,000	18,000	21,000	25,000	28,000	26,000	24,000	22,000	21,000	24,000	-32,967	-37,513	-7,356	6,000	-17,826	-8,181	-19,326	-797	103,292	88,715	94,153	94,604	79,232	28,045	0	0	0
Deposit fees and charges
39,000	38,000	34,000	29,000	24,000	21,000	19,000	19,000	19,000	18,000	19,000	19,000	20,000	22,000	23,000	25,000	25,000	25,000	25,200	24,200	23,200	22,000	21,051	20,461	20,654	21,000	20,902	20,747	20,593	20,370	21,548	24,246	27,052	29,629	30,883	31,728	0	0	0
Net gain on investment securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,946	330	310	0	4,523	0	0	-	0
Net (loss) gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-200	3,800	9,800	12,000	11,080	6,178	3,242	2,000	0	0	0	-	-	22,420	23,739	22,676	0	0	0	-	-
Total other-than-temporary impairment (loss) gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	53,168	92,893	0	-	0	0	-	-	-
(Loss) gain recognized in other comprehensive income before taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-109,694	-57,369	-1,370	-6,417	0	0	0	-	-
Net impairment losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	2,192	3,514	19,098	0	-	0	0	-	-	-
Representation and warranty benefit
-	-	-	-	-	-	-	-	-	-	-	-	-21,000	-	-18,000	-18,000	-19,000	-19,000	-19,300	-300	9,700	10,000	0	0	0	-	-	0	0	-	0	0	0	-	0	0	-	-	-
Other noninterest income
97,000	101,000	105,000	104,000	73,000	72,000	72,000	70,000	66,000	59,000	68,000	88,000	84,000	81,000	60,000	33,000	23,000	17,000	27,400	27,400	36,400	21,000	11,199	11,572	48,403	72,000	72,719	71,914	34,240	37,859	29,362	28,283	26,562	20,884	25,330	11,332	0	0	0
Total other-than-temporary impairment gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0
Net impairment losses recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0
Net impairment losses recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Representation and warranty provision
-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-435,807	-316,520	-299,432	-256,289	227	-85,280	-109,944	-150,055	0	0	0	-	-
Secondary market reserve-change in estimate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Total noninterest income
658,000	610,000	546,000	482,000	437,000	439,000	465,000	488,000	481,000	470,000	444,000	470,000	482,000	487,000	486,000	458,000	456,000	470,000	482,000	439,000	416,000	372,000	376,802	426,098	543,057	653,000	824,992	964,433	984,808	1,021,242	854,069	692,883	510,627	385,516	411,783	399,563	0	0	0
Noninterest Expense
Compensation and benefits
392,000	377,000	357,000	335,000	325,000	318,000	316,000	316,000	307,000	299,000	285,000	278,000	273,000	269,000	262,000	251,000	244,000	237,000	236,400	232,400	228,400	233,000	243,905	251,457	267,392	279,000	281,777	287,611	282,078	270,859	251,220	239,072	227,389	224,708	232,082	227,948	0	0	0
Occupancy and equipment
164,000	161,000	154,000	145,000	135,000	127,000	119,000	116,000	111,000	103,000	96,000	89,000	85,000	85,000	85,000	84,000	83,000	81,000	80,600	80,600	79,600	80,000	79,183	77,827	81,025	80,000	79,402	79,591	76,099	73,674	73,936	72,186	70,449	70,117	66,427	65,247	0	0	0
Noninterest Expense Commission Expense
127,000	111,000	92,000	75,000	75,000	80,000	87,000	89,000	80,000	72,000	64,000	57,000	55,000	55,000	48,000	42,000	39,000	39,000	39,800	39,800	37,800	35,000	35,237	37,336	43,738	54,000	67,116	74,905	77,341	75,345	63,380	50,929	0	-	0	0	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	0	0
Other taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	4,144	4,338	0	0	0
Warrant (income) expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	8,432	7,716	0	0	0
Loan processing expense
83,000	80,000	76,000	68,000	62,000	59,000	59,000	60,000	59,000	57,000	56,000	54,000	55,000	55,000	52,000	53,000	52,000	52,000	51,300	47,300	41,300	37,000	34,310	35,200	42,589	52,000	61,980	66,752	62,495	56,070	0	0	0	-	-	-	-	-	-
Legal and professional expense
27,000	27,000	27,000	28,000	28,000	28,000	27,000	27,000	29,000	30,000	31,000	29,000	27,000	29,000	29,000	34,000	36,000	36,000	37,700	42,700	48,700	51,000	53,478	58,071	60,461	78,000	48,324	85,940	82,634	70,612	0	0	0	-	-	-	-	-	-
Asset resolution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26,500	40,500	53,500	57,000	46,839	49,134	47,055	52,000	69,902	66,094	71,024	91,349	102,515	124,543	126,974	128,313	140,229	158,301	0	0	0
Federal insurance premiums
22,000	20,000	18,000	19,000	20,000	22,000	22,000	21,000	19,000	16,000	0	0	0	-	-	-	-	-	23,000	23,000	24,000	23,000	26,059	27,969	28,760	35,000	39,143	43,876	48,189	49,273	48,473	46,495	45,180	41,581	38,701	38,676	0	0	0
Intangible asset amortization
14,000	15,000	14,000	12,000	9,000	5,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other noninterest expense
103,000	97,000	94,000	85,000	76,000	73,000	69,000	69,000	71,000	66,000	52,000	53,000	54,000	56,000	102,000	97,000	95,000	91,000	61,400	98,400	75,400	74,000	131,866	93,319	111,690	110,000	283,235	285,919	285,928	287,267	2,507	14,927	24,604	34,786	88,801	81,865	0	0	0
Total noninterest expense
932,000	888,000	832,000	767,000	730,000	712,000	701,000	699,000	676,000	643,000	607,000	578,000	563,000	560,000	547,000	536,000	535,000	536,000	556,700	604,700	588,700	590,000	828,877	808,313	860,710	918,000	927,384	1,002,439	997,539	989,695	797,571	714,771	676,196	634,680	591,432	596,922	0	0	0
Income before income taxes
278,000	266,000	263,000	245,000	232,000	232,000	217,000	217,000	215,000	211,000	202,000	229,000	238,000	258,000	261,000	245,000	250,000	240,000	210,400	101,400	65,400	-103,000	-366,594	-314,102	-291,007	-149,000	10,617	56,855	83,647	52,731	66,406	-3,540	-161,331	-180,722	-123,716	-206,816	0	0	0
Provision for income taxes
50,000	48,000	49,000	46,000	44,000	45,000	129,000	137,000	144,000	148,000	66,000	76,000	79,000	87,000	85,000	79,000	85,000	82,000	74,000	40,000	24,000	-34,000	-448,112	-437,892	-456,000	-416,000	-1,653	-22,253	-15,645	-15,645	-19,616	1,028	792	1,056	0	0	0	-	-
Net Income (Loss) Attributable to Parent
228,000	218,000	214,000	199,000	188,000	187,000	88,000	80,000	71,000	63,000	136,000	153,000	159,000	171,000	176,000	166,000	165,000	158,000	136,400	61,400	41,400	-69,000	81,518	123,790	164,993	267,000	12,270	79,108	99,292	68,376	86,022	-4,568	-162,123	-181,778	-124,508	-207,344	0	0	0
Preferred stock dividend/accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	2,164	3,613	5,062	6,000	5,753	5,721	5,689	5,658	7,257	10,559	13,862	17,165	18,839	18,810	0	0	0
Net income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-70,000	79,354	120,177	159,931	261,000	6,517	73,387	93,603	62,718	78,765	-15,127	-175,985	-198,943	-143,347	-226,154	0	0	0
Earnings Per Share [Abstract]
Earnings Per Share, Basic
0.80	1.01	1.12	1.08	0.64	0.94	0.84	0.86	0.61	-0.79	0.71	0.72	0.47	0.50	0.98	0.67	0.56	0.45	0.70	0.69	0.43	0.07	-0.61	0.33	-1.51	2.80	0.16	1.11	0.33	-1.75	1.37	1.48	-0.22	-3.16	-0.26	-0.14	-0.06	-0.15	-0.63
Earnings Per Share, Diluted
0.80	1.00	1.11	1.06	0.63	0.93	0.83	0.85	0.60	-0.78	0.70	0.71	0.46	0.50	0.96	0.66	0.54	0.44	0.69	0.68	0.43	0.07	-0.61	0.33	-1.51	2.78	0.16	1.10	0.33	-1.74	1.36	1.47	-0.22	-3.16	-0.26	-0.14	-0.06	-0.15	-0.63
Weighted Average Number of Shares Outstanding, Basic [Abstract]
Weighted Average Number of Shares Outstanding, Basic
56,655	56,508	56,484	56,446	56,897	57,632	57,600	57,491	57,356	57,190	57,162	57,101	56,921	56,608	56,580	56,574	56,513	56,450	56,436	56,436	56,385	56,312	56,249	56,230	56,194	56,128	56,096	56,053	55,973	-	55,801	-	-	-	-	-	-	-	-
Weighted Average Number of Shares Outstanding, Diluted
57,189	57,193	57,110	57,061	57,590	58,386	58,332	58,258	58,314	58,315	58,186	58,138	58,072	57,104	57,933	57,751	57,600	57,510	57,207	57,165	56,775	55,720	56,249	56,822	56,194	56,697	56,541	56,419	56,415	-	56,233	-	-	-	-	-	-	-	-