FCB FINANCIAL HOLDINGS, INC. FCB Income Statement

Fcb financial holdings, inc. (FCB)

Income statement / TTM

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	Sep'13	Jun'13
Interest income:
Interest and fees on loans
371,182	343,510	316,277	295,400	283,153	272,436	263,562	258,261	246,623	232,545	214,105	196,123	183,078	173,493	167,124	158,670	141,002	125,214	0	0	0
Interest and dividends on investment securities
89,201	84,991	80,469	78,176	74,604	69,344	64,893	60,706	57,946	56,306	55,005	52,741	51,045	49,260	46,657	44,545	41,278	39,565	0	0	0
Other interest income
1,233	921	690	525	434	395	355	349	324	265	209	176	164	163	176	211	262	265	0	0	0
Total interest income
461,616	429,422	397,436	374,101	358,191	342,175	328,810	319,316	304,893	289,116	269,319	249,040	234,287	222,916	213,957	203,426	182,542	165,044	0	0	0
Interest expense:
Interest on deposits
105,186	89,020	76,197	66,066	59,237	53,839	48,554	44,329	39,088	34,198	29,849	26,141	23,914	23,192	23,034	22,758	22,152	20,672	0	0	0
Interest on borrowings
12,676	13,505	13,274	12,583	10,550	8,435	7,312	7,271	7,186	6,808	6,116	5,103	4,767	4,992	5,212	5,496	5,414	4,819	0	0	0
Total interest expense
117,862	102,525	89,471	78,649	69,787	62,274	55,866	51,600	46,274	41,006	35,965	31,244	28,681	28,184	28,246	28,254	27,566	25,491	0	0	0
Net interest income
343,754	326,897	307,965	295,452	288,404	279,901	272,944	267,716	258,619	248,110	233,354	217,796	205,606	194,732	185,711	175,172	154,976	139,553	0	0	0
Provision for loan losses
8,587	9,238	9,848	9,415	8,878	7,997	7,858	7,655	7,735	6,420	6,914	6,823	7,606	9,736	10,502	10,243	6,500	4,168	0	0	0
Net interest income after provision for loan losses
335,167	317,659	298,117	286,037	279,526	271,904	265,086	260,061	250,884	241,690	226,440	210,973	198,000	184,996	175,209	164,929	148,476	135,385	0	0	0
Noninterest income:
Service charges and fees
4,481	4,156	3,875	3,736	3,693	3,636	3,576	3,467	3,358	3,297	3,233	3,184	3,138	3,053	2,982	2,963	2,793	2,609	0	0	0
Loan and other fees
16,302	14,090	13,820	11,415	10,862	10,176	9,376	8,895	8,832	8,470	8,128	8,611	8,456	7,911	8,574	6,793	5,879	6,077	0	0	0
Bank-owned life insurance income
5,625	5,608	5,600	5,647	5,583	5,449	5,321	5,192	5,174	4,987	4,798	4,610	4,463	4,513	4,454	4,175	3,007	1,856	0	0	0
FDIC loss share indemnification loss
-	-	-	-	-	-	-	-	-	-	-	-65,529	-70,853	-76,715	-81,962	-21,425	-21,111	-19,978	0	0	0
Income from resolution of acquired assets
1,028	1,292	1,285	1,973	2,683	3,269	3,427	3,345	3,320	4,493	6,913	9,605	9,556	8,440	7,234	4,899	5,106	8,113	0	0	0
Gain (loss) on sales of other real estate owned
-12	-85	-116	-176	88	1,156	3,281	3,126	3,626	2,929	6,432	8,107	7,598	7,242	1,278	144	17	-297	0	0	0
Gain (loss) on investment securities
-1,261	-387	-248	1,933	2,522	2,581	2,650	1,819	991	408	845	1,906	4,311	6,930	10,617	12,105	11,834	10,759	0	0	0
Other noninterest income
5,509	6,659	8,036	10,488	9,773	8,654	6,639	3,873	4,040	3,687	3,852	4,184	5,910	6,483	7,218	7,378	5,066	4,762	0	0	0
Total noninterest income
31,672	31,333	32,252	35,016	35,204	34,921	34,270	29,717	29,341	28,271	34,201	-25,322	-27,421	-32,143	-39,605	17,032	12,591	13,901	0	0	0
Noninterest expense:
Salaries and employee benefits
90,687	88,524	86,278	84,830	82,104	79,955	78,083	76,231	74,720	72,849	71,091	69,021	66,156	77,841	73,396	73,241	68,981	52,513	0	0	0
Occupancy and equipment expenses
15,319	14,590	13,624	13,463	13,521	13,718	13,416	13,591	14,032	13,920	14,692	14,397	13,699	13,937	13,908	14,064	13,228	12,193	0	0	0
Loan and other real estate related expenses
3,321	3,613	3,507	3,623	4,719	5,716	6,763	7,356	8,189	8,294	7,484	7,740	10,006	11,270	13,183	14,868	0	0	0	-	-
Other real estate and acquired assets resolution related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Professional services
9,025	6,486	6,853	5,940	5,835	5,625	5,222	5,207	5,273	5,259	5,343	5,412	5,003	5,040	5,203	5,629	5,665	5,960	0	0	0
Data processing and network
14,607	14,093	13,166	12,565	12,372	11,857	11,563	11,461	11,260	10,811	10,816	10,671	10,591	10,696	10,252	10,744	10,049	9,318	0	0	0
Regulatory assessments and insurance
9,537	9,303	9,291	8,971	8,746	8,276	7,932	7,872	7,883	7,942	8,194	8,196	7,809	8,356	8,184	7,839	7,563	6,375	0	0	0
Amortization of intangibles
1,290	1,175	1,061	1,023	1,024	1,025	1,066	1,189	1,333	1,476	1,586	1,631	1,656	1,682	1,718	1,710	1,652	1,606	0	0	0
Marketing and promotions
6,094	5,456	4,998	4,587	4,153	3,979	4,140	3,851	0	0	0	-	-	-	-	-	-	-	-	-	-
Other operating expenses
8,654	8,205	6,993	6,692	6,747	6,867	7,556	7,199	4,089	4,854	5,379	5,924	8,081	12,432	14,107	15,672	16,465	11,243	0	0	0
Total noninterest expense
158,534	151,445	145,771	141,694	139,221	137,018	135,741	133,957	133,512	131,182	129,254	126,604	124,866	143,119	141,816	145,632	138,429	116,925	0	0	0
Income before income tax expense
208,305	197,547	184,598	179,359	175,509	169,807	163,615	155,821	146,713	138,779	131,387	59,047	45,713	9,734	-6,212	36,329	22,638	32,361	0	0	0
Income tax expense
63,028	63,590	58,294	54,165	41,383	41,777	47,162	55,905	44,944	41,934	38,670	5,656	8,971	-2,446	-8,182	13,957	8,895	10,919	0	0	0
Net income
145,277	133,957	126,304	125,194	134,126	128,030	116,453	99,916	101,769	96,845	92,717	53,391	36,742	12,180	1,970	22,372	13,743	21,442	0	0	0
Earnings per share:
Basic (usd per share)
0.93	0.92	0.89	0.43	0.74	0.82	0.93	0.68	0.64	0.58	0.55	0.72	0.51	0.47	-0.41	0.32	-0.09	0.26	0.10	0.12	0.12
Diluted (usd per share)
0.89	0.87	0.84	0.39	0.70	0.76	0.86	0.64	0.60	0.55	0.52	0.71	0.48	0.45	-0.41	0.31	-0.09	0.26	0.10	0.12	0.12
Weighted average shares outstanding:
Basic (shares)
46,693	46,660	45,239	43,824	43,333	42,659	41,730	40,912	40,608	40,646	40,698	40,971	41,381	41,428	41,421	41,480	38,952	35,892	35,892	37,011	37,011
Diluted (shares)
48,804	48,979	47,579	46,678	46,189	46,042	45,573	43,911	43,150	42,997	42,840	44,848	43,798	43,106	41,421	42,288	38,952	35,896	35,896	37,019	37,015