First business financial services, inc. (FBIZ)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Interest income
Loans and leases

96,229

86,228

71,960

74,627

69,135

54,047

50,238

51,125

51,932

51,992

Securities

4,637

3,842

3,148

2,845

2,962

3,342

3,315

3,417

4,166

4,513

Short-term investments

1,174

1,205

703

645

374

312

257

224

119

121

Total interest income

102,040

91,275

75,811

78,117

72,471

57,701

53,810

54,766

56,217

56,626

Interest expense
Deposits

22,958

15,533

10,805

11,716

10,877

9,470

9,739

13,026

17,115

20,747

Federal Home Loan Bank advances and other borrowings

8,114

7,288

3,285

1,958

1,842

989

855

2,744

2,529

2,816

Junior subordinated notes

1,112

1,112

1,112

1,115

1,112

1,112

1,111

1,115

1,112

1,112

Total interest expense

32,184

23,933

15,202

14,789

13,831

11,571

11,705

16,885

20,756

24,675

Net interest income

69,856

67,342

60,609

63,328

58,640

46,130

42,105

37,881

35,461

31,951

Provision for loan and lease losses

2,085

5,492

6,172

7,818

3,386

1,236

-959

4,243

4,250

7,044

Net interest income after provision for loan and lease losses

67,771

61,850

54,437

55,510

55,254

44,894

43,064

33,638

31,211

24,907

Non-interest income
Private wealth management service fees

8,197

7,744

6,670

5,356

-

-

-

-

-

-

Trust and investment service fees

-

-

-

-

4,954

4,434

3,756

2,927

2,532

2,334

Gain on sale of Small Business Administration loans

1,459

1,451

1,591

4,400

3,999

318

0

-

-

-

Gain on sale of residential mortgage loans

-

-

26

590

729

74

0

-

-

-

Service charges on deposits

3,104

3,062

3,013

2,990

-

-

-

-

-

-

Loan fees

1,767

1,783

1,988

2,430

-

-

-

-

-

-

Service charges on deposits

-

-

-

-

2,812

2,469

2,150

2,028

1,712

1,672

Loan fees

-

-

-

-

2,187

1,577

1,295

2,026

1,481

1,238

Increase in cash surrender value of bank-owned life insurance

1,198

1,191

1,250

974

960

862

845

703

678

663

Net loss on sale of securities

-46

-4

-403

10

0

-

-

-

-

-

Commercial loan swap fees

4,165

1,670

909

76

7

-

-

-

-

-

Gain on sale of loans and leases

-

-

-

-

-

-

-

147

-

-

Credit, merchant and debit card fees

-

-

-

-

-

-

-

-

221

-

Credit, merchant and debit card fees

-

-

-

-

-

-

-

-

-

219

Other non-interest income

3,579

1,270

1,621

1,162

1,363

369

396

868

436

617

Total non-interest income

23,423

18,167

16,665

17,988

17,011

10,103

8,442

8,699

7,060

6,743

Non-interest expense
Compensation

42,021

37,439

31,663

31,545

28,543

21,477

18,278

17,018

14,898

13,286

Occupancy

2,293

2,192

2,088

2,019

1,973

1,391

1,268

1,270

1,376

1,465

Professional fees

3,703

3,869

4,063

4,031

4,893

3,405

1,968

1,634

1,497

1,461

Data processing

2,562

2,362

2,701

3,298

2,378

1,710

1,500

1,319

1,253

1,188

Marketing

2,221

2,135

2,109

2,338

2,585

1,662

1,355

1,224

994

749

Equipment

1,230

1,434

1,211

1,189

1,230

650

528

490

446

506

Computer software

3,414

3,015

2,723

2,160

1,649

-

-

-

-

-

FDIC insurance

641

1,478

1,388

1,472

920

758

741

1,732

2,486

3,130

Collateral liquidation costs (recovery)

119

646

829

262

472

320

196

655

786

1,167

Net loss on foreclosed properties

-224

-367

143

-122

171

10

117

-585

-420

-206

Impairment of Tax Credit Investments

4,094

2,083

-

-

-

-

-

-

-

-

Tax credit investment impairment

3,600

1,633

-

-

-

-

-

-

-

-

Tax credit investment (recovery) impairment

-

-

2,784

3,691

0

0

-

-

-

-

SBA Recourse (Benefit) Provision

-

-

2,240

2,068

-

-

-

-

-

-

SBA recourse provision

188

1,913

-

-

0

0

-

-

-

-

Goodwill impairment

-

-

-

-

-

-

-

-

-

2,689

Other non-interest expense

3,985

3,430

3,215

2,238

2,902

2,412

4,654

2,734

2,241

2,513

Total non-interest expense

66,695

62,363

56,871

56,433

47,374

33,775

30,371

28,661

26,397

28,360

Income before income tax expense (benefit)

24,499

17,654

14,231

17,065

24,891

21,222

21,135

13,676

11,874

3,290

Income tax expense (benefit)

1,175

1,351

2,326

2,156

8,377

7,083

7,389

4,750

3,449

2,349

Net Income (Loss) Attributable to Parent

23,324

16,303

11,905

14,909

16,514

14,139

13,746

8,926

8,425

941

Earnings Per Share [Abstract]
Earnings Per Share, Basic

2.68

1.86

1.36

1.71

1.90

1.76

1.75

3.30

3.23

0.37

Earnings Per Share, Diluted

2.68

1.86

1.36

1.71

1.90

1.75

1.74

3.29

3.23

0.37

Common Stock, Dividends, Per Share, Declared

0.60

0.56

0.52

0.48

0.44

0.42

0.28

0.28

0.28

0.28