FIRST MID BANCSHARES, INC. FMBH Income Statement

First mid bancshares, inc. (FMBH)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Interest on other borrowings
15	446	496	181	13	1	9	326	72	9	22
Interest income:
Interest and fees on loans
126,825	105,772	82,670	61,952	48,460	44,799	42,184	43,949	45,399	41,803	42,146
Taxable
15,662	13,070	11,708	9,288	7,741	7,499	9,153	9,970	9,819	8,329	8,073
Exempt from federal income tax
5,381	5,167	4,774	3,726	2,807	2,352	2,069	1,714	1,194	370	963
Interest on certificates of deposit investments
137	66	50	295	44	0	14	57	78	110	55
Interest on federal funds sold
14	8	62	40	0	1	6	37	69	85	66
Interest on deposits with other financial institutions
1,702	482	291	195	199	83	33	40	213	186	106
Total interest income
149,721	124,565	99,555	75,496	59,251	54,734	53,459	55,767	56,772	50,883	51,409
Interest expense:
Interest on deposits
18,939	8,571	3,995	2,713	2,282	2,351	2,703	4,843	6,725	8,471	12,970
Interest on securities sold under agreements to repurchase
911	330	181	96	62	47	46	117	172	133	129
Interest on FHLB borrowings
2,706	2,071	883	630	616	339	254	308	765	1,090	1,612
Interest on subordinated debentures
1,476	1,409	927	672	526	514	523	563	770	1,053	1,104
Total interest expense
24,047	12,827	6,482	4,292	3,499	3,252	3,535	6,157	8,504	10,756	15,837
Net interest income
125,674	111,738	93,073	71,204	55,752	51,482	49,924	49,610	48,268	40,127	35,572
Provision for loan losses
6,433	8,667	7,462	2,826	1,318	629	2,193	2,647	3,101	3,737	3,594
Net interest income after provision for loan losses
119,241	103,071	85,611	68,378	54,434	50,853	47,731	46,963	45,167	36,390	31,978
Other income:
Revenue From Contract With Customer, Wealth Management
15,570	8,460	5,905	3,517	3,746	3,571	3,565	3,330	3,030	2,601	2,229
Brokerage commissions
-	-	-	1,908	1,315	1,039	833	688	650	536	424
Insurance commissions
16,029	5,592	3,872	3,452	2,107	1,796	1,638	1,813	1,786	1,779	1,912
Revenue From Contract With Customer, Deposit Service Charges
7,837	7,435	6,920	6,791	5,681	5,264	4,865	4,808	4,817	4,662	4,952
Debt and Equity Securities, Gain (Loss)
802	901	616	1,192	452	715	2,293	934	486	543	637
Revenue From Contract With Customer, Mortgage Banking
1,746	1,205	1,184	1,172	754	596	935	1,509	788	776	664
Revenue From Contract With Customer, ATM & Debit Card
8,491	7,487	6,495	6,004	4,676	3,915	3,772	3,554	3,483	2,869	2,333
Total other-than-temporary impairment recoveries
-	-	-	-	-	-	-	-127	886	2,829	-2,465
Portion of loss recognized in other comprehensive loss
-	-	-	-	-	-	-	0	0	-1,411	653
Other-than-temporary impairment recoveries recognized in earnings
-	-	-	-	-	-	-	-127	886	1,418	1,812
Other than Temporary Impairment, Credit Losses Recognized in Earnings, Reductions, Change in Status
-	-	-	-	-	-	-	-	0	-	-
Gain on sale of merchant banking portfolio
-	-	-	-	-	-	-	-	-	-	1,000
Bank Owned Life Insurance Income
1,755	1,389	1,638	671	0	0	-	-	-	-	-
Other
3,787	2,945	3,706	2,205	1,813	1,473	1,440	1,547	1,633	1,472	1,116
Total other income
56,017	35,414	30,336	26,912	20,544	18,369	19,341	18,310	15,787	13,820	13,455
Other expense:
Salaries and employee benefits
62,578	46,803	39,756	32,354	26,337	24,771	24,128	23,433	22,247	18,649	16,830
Net occupancy and equipment expense
17,680	14,533	12,596	11,418	9,143	8,347	8,223	8,088	7,960	5,851	4,989
Net Other Real Estate Owned (Income) Expense
443	282	560	60	19	23	163	390	1,471	1,076	470
FDIC insurance
219	1,059	905	966	904	804	832	875	1,167	1,508	1,943
Amortization of intangible assets
5,848	3,215	2,153	1,909	891	643	674	773	1,134	814	730
Stationery and supplies
1,104	963	724	815	681	646	603	609	581	610	563
Legal and professional
5,164	5,243	3,887	3,035	2,474	2,333	2,070	2,093	2,070	2,361	2,021
Marketing and donations
2,031	1,794	1,356	1,845	1,092	1,015	1,221	1,014	1,050	940	963
ATM / debit card expense
3,488	2,971	2,393	1,994	-	-	-	-	-	-	-
Other
13,437	13,117	9,891	7,114	7,707	5,925	5,590	5,563	5,373	5,118	4,703
Total other expense
111,992	89,980	74,221	61,510	49,248	44,507	43,504	42,838	43,053	36,927	33,212
Income before income taxes
63,266	48,505	41,726	33,780	25,730	24,715	23,568	22,435	17,901	13,283	12,221
Income taxes
15,323	11,905	15,042	11,940	9,218	9,254	8,846	8,410	6,529	4,522	4,007
Net Income (Loss) Attributable to Parent
47,943	36,600	26,684	21,840	16,512	15,461	14,722	14,025	11,372	8,761	8,214
Dividends, Preferred Stock, Cash
-	-	-	825	2,200	4,152	4,417	4,252	3,576	2,240	1,821
Net Income (Loss) Available to Common Stockholders, Basic
47,943	36,600	26,684	21,015	14,312	11,309	10,305	9,773	7,796	6,521	6,393
Earnings Per Share [Abstract]
Basic earnings per common share
2.88	2.53	2.13	2.07	1.84	1.88	1.74	1.62	1.29	1.07	1.04
Diluted net income per common share available to common stockholders
2.87	2.52	2.13	2.05	1.81	1.85	1.73	1.62	1.29	1.07	1.04
Cash dividends declared per common share
0.76	0.70	0.66	0.62	0.59	0.55	0.46	0.42	0.40	0.38	0.38