FIRST MID BANCSHARES, INC. FMBH Income Statement

First mid bancshares, inc. (FMBH)

Income statement / Quarterly

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 Expense, Federal Funds Purchased
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-	-	0	-	-	-	-	-	-	-	-
Interest on other borrowings
15	6	8	1	0	72	148	118	108	111	143	119	123	136	42	3	0	-	1	13	-	-	0	1	-	-	0	1	-	0	0	162	164	72	0	0	0	7	1
Interest income:
Interest and fees on loans
30,027	31,206	31,976	31,539	32,104	30,553	28,850	25,362	21,007	21,333	20,385	21,025	19,927	19,456	15,294	13,610	13,592	13,486	12,198	11,724	11,052	11,557	11,391	11,039	10,812	10,813	10,546	10,390	10,435	11,086	10,993	10,910	10,960	11,452	11,204	11,280	11,463	10,208	9,822
Interest on investment securities
4,589	-	5,297	5,436	5,209	-	4,511	4,679	4,081	-	4,179	4,366	4,040	-	3,229	3,172	3,221	-	2,682	2,430	2,361	-	2,392	2,545	2,523	-	2,896	2,798	2,741	-	2,938	3,003	2,952	-	2,891	2,728	2,444	2,173	2,181
Interest on certificates of deposit investments
31	29	33	37	38	32	13	12	9	9	9	7	25	61	78	83	73	38	6	0	0	-	0	-	-	0	1	5	8	11	12	16	18	18	20	19	21	26	31
Interest on federal funds sold
2	3	4	4	3	4	2	1	1	0	1	0	61	32	7	1	0	-	0	0	-	-	-	-	-	0	0	2	4	2	7	16	12	14	15	16	24	21	21
Interest on deposits with other financial institutions
92	182	268	555	697	233	112	77	60	74	40	48	129	70	15	17	93	98	57	18	26	16	24	16	27	5	3	11	14	13	8	13	6	19	38	79	77	36	16
Total interest income
34,741	36,521	37,578	37,571	38,051	35,788	33,488	30,131	25,158	25,313	24,614	25,446	24,182	23,011	18,623	16,883	16,979	16,697	14,943	14,172	13,439	13,965	13,807	13,600	13,362	13,605	13,446	13,206	13,202	13,903	13,958	13,958	13,948	14,453	14,168	14,122	14,029	12,464	12,071
Interest expense:
Interest on deposits
3,861	4,447	5,174	4,940	4,378	3,422	2,217	1,670	1,262	1,155	1,028	933	879	936	623	575	579	592	645	513	532	573	586	583	609	632	611	664	796	998	1,115	1,303	1,427	1,465	1,663	1,778	1,819	2,141	2,085
Interest on securities sold under agreements to repurchase
194	240	196	215	260	134	72	65	59	44	51	46	40	34	23	21	18	19	14	15	14	14	11	10	12	12	9	10	15	17	25	30	45	50	47	42	33	36	31
Interest on FHLB borrowings
580	604	683	696	723	762	559	475	275	281	283	168	151	165	150	165	150	151	155	157	153	128	78	65	68	71	67	59	57	64	66	65	113	186	185	183	211	234	282
Interest on subordinated debentures
218	240	392	406	438	396	405	349	259	247	236	227	217	216	162	149	145	136	132	130	128	129	130	129	126	130	132	131	130	135	142	140	146	138	131	240	261	268	262
Total interest expense
4,868	5,537	6,453	6,258	5,799	4,786	3,401	2,677	1,963	1,838	1,741	1,493	1,410	1,487	1,000	913	892	897	947	828	827	844	805	788	815	848	824	865	998	1,214	1,348	1,700	1,895	1,911	2,026	2,243	2,324	2,686	2,661
Net interest income
29,873	30,984	31,125	31,313	32,252	31,002	30,087	27,454	23,195	23,475	22,873	23,953	22,772	21,524	17,623	15,970	16,087	15,800	13,996	13,344	12,612	13,121	13,002	12,812	12,547	12,757	12,622	12,341	12,204	12,689	12,610	12,258	12,053	12,542	12,142	11,879	11,705	9,778	9,410
Provision for loan losses
5,481	2,737	2,658	91	947	3,184	2,551	1,877	1,055	2,411	1,489	1,840	1,722	899	1,081	733	113	429	481	143	265	134	44	128	323	486	975	252	480	896	720	416	615	517	728	916	940	884	1,083
Net interest income after provision for loan losses
24,392	28,247	28,467	31,222	31,305	27,818	27,536	25,577	22,140	21,064	21,384	22,113	21,050	20,625	16,542	15,237	15,974	15,371	13,515	13,201	12,347	12,987	12,958	12,684	12,224	12,271	11,647	12,089	11,724	11,793	11,890	11,842	11,438	12,025	11,414	10,963	10,765	8,894	8,327
Other income:
Revenue From Contract With Customer, Wealth Management
3,626	5,027	3,311	3,587	3,645	3,540	1,579	1,599	1,742	3,209	925	841	930	968	774	794	981	1,171	795	860	920	977	813	848	933	1,089	777	806	893	959	759	752	860	849	661	739	781	619	595
Brokerage commissions
-	-	-	-	-	-	-	-	-	-	536	509	505	468	526	466	448	402	329	306	278	291	265	233	250	243	201	218	171	194	184	168	142	165	178	152	155	130	136
Insurance commissions
6,621	3,472	3,242	3,760	5,555	2,390	877	838	1,487	724	670	853	1,625	646	738	735	1,333	539	459	474	635	349	448	441	558	321	421	410	486	337	392	437	647	283	385	510	608	365	444
Revenue From Contract With Customer, Deposit Service Charges
1,778	1,985	2,091	1,959	1,802	1,988	2,009	1,803	1,635	1,760	1,758	1,690	1,712	1,814	1,824	1,644	1,509	1,678	1,536	1,278	1,189	1,355	1,412	1,353	1,144	1,245	1,265	1,215	1,140	1,271	1,248	1,188	1,101	1,234	1,286	1,201	1,096	1,190	1,181
Debt and Equity Securities, Gain (Loss)
531	479	51	218	54	0	0	881	20	27	254	335	0	62	466	404	260	221	1	1	229	1	-20	543	191	2	1,456	482	353	1	110	439	384	74	35	196	181	297	5
Revenue From Contract With Customer, Mortgage Banking
308	579	582	346	239	266	368	410	161	309	347	335	193	457	382	238	95	205	172	210	167	155	185	158	98	109	235	305	286	471	475	327	236	360	189	123	116	231	105
Revenue From Contract With Customer, ATM & Debit Card
1,987	2,100	2,173	2,202	2,016	2,044	1,979	1,860	1,604	1,667	1,595	1,665	1,568	1,586	1,457	1,472	1,489	1,452	1,200	1,018	1,006	982	958	1,002	973	953	989	947	883	1,011	852	812	879	880	882	889	832	703	686
Total other-than-temporary impairment recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-127	-	-	794	338	-61	-185	-1,047	-355
Portion of loss recognized in other comprehensive loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	0	622	0
Other-than-temporary impairment recoveries recognized in earnings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-127	-	-	302	338	61	185	425	355
Bank Owned Life Insurance Income
431	439	439	447	430	456	342	315	276	283	792	282	281	287	201	174	9	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
1,228	792	1,028	1,069	898	963	765	655	562	781	784	1,459	682	623	530	532	520	531	517	390	375	386	341	412	334	418	353	331	338	466	376	374	331	480	422	310	421	542	246
Total other income
16,510	14,873	12,917	13,588	14,639	11,647	7,919	8,361	7,487	7,210	7,661	7,969	7,496	6,911	6,898	6,459	6,644	6,199	5,009	4,537	4,799	4,496	4,402	4,990	4,481	4,380	5,697	4,714	4,550	4,710	4,523	4,497	4,580	4,023	3,700	4,059	4,005	3,652	3,043
Other expense:
Salaries and employee benefits
16,500	15,942	14,497	15,565	16,574	13,952	11,600	11,057	10,194	10,071	9,648	10,102	9,935	9,061	7,844	7,602	7,847	7,462	6,522	6,297	6,056	6,448	6,216	6,054	6,053	6,092	6,267	5,972	5,797	5,996	5,914	5,850	5,673	5,764	5,424	5,625	5,434	4,423	4,287
Net occupancy and equipment expense
4,242	4,305	4,377	4,543	4,455	4,225	3,530	3,505	3,273	3,218	3,129	3,116	3,133	3,029	2,864	2,646	2,879	2,814	2,424	1,926	1,979	2,028	2,056	2,114	2,149	2,011	2,067	2,102	2,043	2,046	2,028	2,004	2,010	1,952	2,058	1,983	1,967	1,483	1,285
Net Other Real Estate Owned (Income) Expense
-46	30	172	188	53	260	-61	7	76	30	385	127	18	37	32	10	-19	19	-1	9	-8	0	41	-39	21	-22	23	46	116	33	59	235	63	419	455	477	120	573	299
FDIC insurance
93	-170	-87	197	279	319	174	285	281	226	210	290	179	125	294	281	266	263	236	202	203	200	199	199	206	200	197	213	222	210	202	229	234	230	217	286	434	374	344
Amortization of intangible assets
1,295	1,296	1,373	1,823	1,356	1,156	838	716	505	502	545	559	547	597	455	402	455	425	155	156	155	156	162	163	162	163	170	171	170	170	179	179	245	276	286	286	286	176	176
Stationery and supplies
268	269	284	264	287	238	328	186	211	185	168	186	185	203	221	190	201	206	180	143	152	166	152	173	155	166	175	121	141	164	134	141	170	149	143	151	138	168	134
Legal and professional
1,398	1,451	1,215	1,304	1,194	1,318	1,071	1,717	1,137	1,291	871	894	831	621	713	917	784	632	660	600	582	580	514	677	562	449	459	614	548	428	557	497	611	404	586	513	567	711	702
ATM Debit Card Expense
605	-	-	-	803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing and donations
481	573	523	481	454	541	468	431	354	447	338	277	294	359	285	239	962	302	296	277	217	260	246	245	264	400	314	264	243	325	138	322	229	271	320	258	201	212	207
ATM / debit card expense
605	-	-	-	803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
2,895	1,220	3,540	5,822	2,855	1,340	6,542	2,892	2,343	789	2,618	2,404	4,080	850	2,612	1,856	1,796	2,209	2,410	1,620	1,468	1,405	1,504	1,628	1,388	1,433	1,410	1,415	1,332	1,505	1,351	1,325	1,382	1,421	1,375	1,432	1,145	1,416	1,274
Total other expense
27,731	27,601	25,894	30,187	28,310	26,320	24,490	20,796	18,374	19,152	17,912	17,955	19,202	16,876	15,320	14,143	15,171	14,332	12,882	11,230	10,804	11,243	11,090	11,214	10,960	10,892	11,082	10,918	10,612	10,877	10,562	10,782	10,617	10,886	10,864	11,011	10,292	9,536	8,708
Income before income taxes
13,171	15,519	15,490	14,623	17,634	13,145	10,965	13,142	11,253	9,122	11,133	12,127	9,344	10,660	8,120	7,553	7,447	7,238	5,642	6,508	6,342	6,240	6,270	6,460	5,745	5,759	6,262	5,885	5,662	5,626	5,851	5,557	5,401	5,162	4,250	4,011	4,478	3,010	2,662
Income taxes
3,172	3,543	3,820	3,642	4,318	3,206	2,731	3,105	2,863	4,497	3,538	3,927	3,080	3,863	2,812	2,624	2,641	2,584	1,979	2,352	2,303	2,330	2,355	2,431	2,138	2,140	2,352	2,220	2,134	2,117	2,204	2,078	2,011	1,892	1,571	1,433	1,633	998	880
Net Income (Loss) Attributable to Parent
9,999	11,976	11,670	10,981	13,316	9,939	8,234	10,037	8,390	4,625	7,595	8,200	6,264	6,797	5,308	4,929	4,806	4,654	3,663	4,156	4,039	3,910	3,915	4,029	3,607	3,619	3,910	3,665	3,528	3,509	3,647	3,479	3,390	3,270	2,679	2,578	2,845	2,012	1,782
Dividends, Preferred Stock, Cash
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	275	550	550	550	550	550	839	1,105	1,104	1,104	1,104	1,104	1,105	1,104	1,104	1,104	1,105	939	939	919	1,011	707	554	554
Net Income (Loss) Available to Common Stockholders, Basic
-	-	-	-	-	-	-	-	-	-	-	-	-	6,797	5,308	4,654	4,256	4,104	3,113	3,606	3,489	3,071	2,810	2,925	2,503	2,515	2,806	2,560	2,424	2,405	2,543	2,374	2,451	2,331	1,760	1,567	2,138	1,458	1,228
Earnings Per Share [Abstract]
Basic earnings per common share
0.60	0.72	0.70	0.66	0.80	0.61	0.54	0.72	0.66	0.36	0.61	0.66	0.50	0.55	0.51	0.51	0.50	0.47	0.37	0.50	0.50	0.48	0.48	0.49	0.43	0.43	0.47	0.43	0.41	0.40	0.42	0.39	0.41	0.39	0.29	0.26	0.35	0.24	0.20
Diluted net income per common share available to common stockholders
0.60	0.71	0.70	0.66	0.80	0.60	0.54	0.72	0.66	0.36	0.61	0.66	0.50	0.55	0.51	0.50	0.49	0.47	0.37	0.49	0.48	0.47	0.47	0.48	0.43	0.42	0.47	0.43	0.41	0.40	0.42	0.39	0.41	0.39	0.29	0.26	0.35	0.24	0.20
Cash dividends declared per common share
-	-	-	-	-	-	-	-	-	-	0.00	0.32	-	-	0.16	0.30	-	-	0.00	0.29	-	-	0.00	0.26	-	0.25	0.00	0.21	0.00	0.21	0.00	0.21	0.00	-	0.00	0.19	-	0.00	0.19