FARMERS NATIONAL BANC CORP /OH/ FMNB Income Statement

Farmers national banc corp /oh/ (FMNB)

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 AND DIVIDEND INCOME
Loans, including fees
91,733	89,103	87,809	85,656	82,877	79,835	76,766	74,021	71,878	69,934	67,839	66,101	64,322	63,109	61,895	59,232	52,243	44,657	37,581	32,146	31,101	30,901	30,709	30,483	30,633	30,717	30,977	31,198	31,446	31,874	31,996	32,354	32,721	33,191	34,452	35,341	0	0	0
Taxable securities
5,143	4,840	4,919	4,949	4,939	4,928	4,932	4,977	5,014	4,899	4,827	4,716	4,739	5,058	5,367	5,576	5,693	5,903	6,191	6,625	7,058	7,282	7,334	7,129	7,025	7,062	7,204	7,507	7,901	8,099	8,155	8,375	8,295	8,058	8,221	8,361	0	0	0
Tax exempt securities
6,874	6,687	6,463	6,229	5,971	5,707	5,462	5,233	5,023	4,763	4,442	4,103	3,832	3,650	3,572	3,462	3,225	2,951	2,683	2,505	2,482	2,523	2,636	2,773	2,878	2,949	2,920	2,883	2,845	2,831	2,842	2,862	2,885	2,911	2,777	2,636	0	0	0
Dividends
592	627	682	698	681	652	630	599	568	537	486	527	517	515	548	419	352	287	190	189	191	190	190	190	190	196	202	205	209	206	200	198	199	195	192	191	0	0	0
Federal funds sold and other interest income
682	729	713	686	695	644	613	561	476	394	318	246	191	166	128	83	62	29	22	21	19	19	23	26	30	35	49	67	89	100	101	82	0	-	0	0	-	0	-
Federal funds sold and other interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
TOTAL INTEREST AND DIVIDEND INCOME
105,024	101,986	100,586	98,218	95,163	91,766	88,403	85,391	82,959	80,527	77,912	75,693	73,601	72,498	71,510	68,772	61,575	53,827	46,667	41,486	40,851	40,915	40,892	40,601	40,756	40,959	41,352	41,860	42,490	43,110	43,312	43,900	44,191	44,434	45,701	46,582	0	0	0
INTEREST EXPENSE
Deposits
18,064	16,860	15,262	12,799	10,163	8,139	6,653	5,593	4,987	4,490	4,076	3,752	3,428	3,221	3,172	3,223	3,309	3,489	3,613	3,691	3,834	4,008	4,180	4,329	4,434	4,560	4,775	5,048	5,381	5,719	5,969	6,220	6,444	6,617	7,110	7,870	0	0	0
Short-term borrowings
1,339	2,250	3,713	4,777	5,286	4,936	4,069	3,360	2,721	2,167	1,676	1,198	841	689	576	469	341	177	97	49	46	46	48	50	50	51	52	61	73	103	138	191	270	325	486	645	0	0	0
Long-term borrowings
906	498	324	193	194	190	187	188	190	224	290	355	428	468	475	448	433	424	435	477	499	525	530	525	488	452	414	387	391	390	441	591	742	895	1,015	1,036	0	0	0
TOTAL INTEREST EXPENSE
20,309	19,608	19,299	17,769	15,643	13,265	10,909	9,141	7,898	6,881	6,042	5,305	4,697	4,378	4,223	4,140	4,083	4,090	4,145	4,217	4,379	4,579	4,758	4,904	4,972	5,063	5,241	5,496	5,845	6,212	6,548	7,002	7,456	7,837	8,611	9,551	0	0	0
NET INTEREST INCOME
84,715	82,378	81,287	80,449	79,520	78,501	77,494	76,250	75,061	73,646	71,870	70,388	68,904	68,120	67,287	64,632	57,492	49,737	42,522	37,269	36,472	36,336	36,134	35,697	35,784	35,896	36,111	36,364	36,645	36,898	36,764	36,898	36,735	36,597	37,090	37,031	0	0	0
Provision for loan losses
-	-	2,375	2,775	-	-	2,875	2,875	3,075	-	3,940	4,100	4,140	3,870	3,870	3,980	3,840	3,510	3,345	2,550	2,000	1,880	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for loan losses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	765	750	980	725	725	1,100	1,775	3,650	5,150	6,050	0	0	0
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES
81,715	79,928	78,912	77,674	76,745	75,501	74,619	73,375	71,986	70,296	67,930	66,288	64,764	64,250	63,417	60,652	53,652	46,227	39,177	34,719	34,472	34,456	34,554	34,202	34,419	34,606	35,346	35,614	35,665	36,173	36,039	35,798	34,960	32,947	31,940	30,981	0	0	0
NONINTEREST INCOME
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	4,026	-	4,028	3,900	3,585	3,253	2,916	2,698	2,640	2,627	2,637	2,559	2,469	2,370	2,192	2,099	2,060	2,043	2,027	2,049	2,064	2,063	2,091	2,026	0	0	0
Bank owned life insurance income, including death benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Bank owned life insurance income
812	818	847	862	873	881	906	880	852	831	0	0	0	-	0	0	0	-	0	0	0	-	0	-	-	-	-	0	0	-	562	576	570	594	549	537	0	0	0
Security gains, including fair value changes for equity securities
189	42	274	218	263	271	11	31	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust fees
-	-	-	-	-	-	-	-	-	-	-	-	6,417	-	6,271	6,060	6,005	6,156	6,120	6,199	6,242	6,092	6,088	5,895	5,734	5,583	5,491	5,451	5,425	5,497	5,409	5,435	5,435	5,355	5,311	5,154	0	0	0
Insurance agency commissions
-	-	-	-	-	-	-	-	-	-	-	-	2,095	-	1,176	737	562	569	493	448	405	354	359	330	296	243	174	146	130	124	121	121	124	152	152	234	0	0	0
Security gains, including fair value changes for equity securities
-	-	-	-	-	-	-	-	-	-	-	-	86	-	118	90	84	94	420	418	467	457	95	691	849	863	1,439	1,315	1,073	1,059	473	0	0	-	0	-	-	0	0
Impairment of equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Retirement plan consulting fees
-	-	-	-	-	-	-	-	-	-	-	-	2,014	-	1,971	1,833	2,115	2,130	2,483	2,455	1,949	1,809	1,379	1,264	992	628	280	0	0	-	0	-	-	-	-	-	-	-	-
Investment commissions
-	-	-	-	-	-	-	-	-	-	-	-	1,196	-	1,186	1,210	1,110	1,172	1,097	1,143	1,130	1,026	1,118	913	921	989	987	1,024	1,022	946	839	844	858	863	801	715	0	0	0
Net gains on sale of loans
5,081	4,386	3,701	3,362	2,913	2,729	2,707	2,661	2,946	3,066	3,094	3,399	3,048	2,843	2,412	1,764	1,380	1,101	802	501	416	358	396	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Debit card and EFT fees
-	-	-	-	-	-	-	-	-	-	-	-	2,688	-	2,442	2,101	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains on sale of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	520	316	178	113	0	0	0	-	-
Other operating income
2,032	2,031	1,940	1,706	1,640	1,479	1,309	1,379	1,328	1,370	1,627	1,526	1,812	1,848	1,359	1,284	1,091	1,247	1,570	1,809	2,167	2,121	2,303	2,366	2,072	2,040	2,035	1,907	1,869	1,785	1,684	1,634	1,619	1,606	1,650	1,905	0	0	0
TOTAL NONINTEREST INCOME
29,797	28,602	27,660	26,697	26,009	25,499	24,845	24,425	24,174	24,051	24,076	24,503	24,185	23,244	22,343	20,543	19,215	18,306	17,324	16,519	15,907	15,303	14,751	15,044	14,472	13,914	13,944	13,138	12,734	12,578	13,439	12,768	12,641	12,539	11,704	11,729	0	0	0
NONINTEREST EXPENSES
Salaries and employee benefits
38,047	37,172	37,488	37,032	36,594	35,976	35,229	35,185	35,210	34,759	34,310	33,754	32,641	31,908	31,849	30,727	28,650	26,638	23,879	21,965	21,398	20,878	20,422	21,567	21,871	22,054	22,350	20,683	20,222	19,746	19,125	18,501	18,045	17,504	17,064	16,979	0	0	0
Occupancy and equipment
6,732	6,649	6,548	6,530	6,491	6,478	6,440	6,389	6,409	6,292	6,512	6,553	6,538	6,615	6,639	6,420	6,005	5,452	4,790	4,567	4,463	4,505	4,417	4,325	4,316	4,189	4,257	4,264	4,244	4,179	3,908	3,792	3,646	3,601	3,707	3,655	0	0	0
State and local taxes
1,820	1,826	1,884	1,891	1,898	1,887	1,799	1,760	1,705	1,663	1,640	1,598	1,568	1,544	1,464	1,470	1,319	1,171	1,081	903	890	878	1,012	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
State and local taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,141	1,081	1,015	955	942	933	0	0	0
Professional fees
3,144	3,122	3,069	3,102	2,952	2,856	2,765	2,804	2,842	2,891	3,051	2,996	2,975	2,757	3,374	3,441	3,233	3,180	2,397	2,307	2,335	2,451	2,291	2,385	2,320	2,212	2,349	2,097	2,044	1,967	1,819	1,845	1,792	1,791	1,704	1,569	0	0	0
Merger related costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger related costs
-	-	-87	-199	-	-	477	747	851	-	455	216	336	563	2,280	4,748	6,436	6,392	4,656	2,157	245	0	9	226	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-
Advertising
1,757	1,736	1,545	1,597	1,534	1,559	1,704	1,620	1,558	1,527	1,337	1,315	1,361	1,462	1,727	1,688	1,607	1,479	1,228	1,134	1,126	1,112	1,000	975	934	911	943	928	905	973	882	937	938	835	820	702	0	0	0
FDIC insurance
469	331	486	624	764	899	830	847	856	869	903	955	1,007	1,055	1,182	1,151	1,043	937	789	717	726	733	736	733	726	719	713	698	701	710	603	608	669	831	1,103	1,249	0	0	0
Intangible amortization
1,311	1,306	1,335	1,363	1,391	1,418	1,449	1,474	1,483	1,494	1,476	1,518	1,489	1,461	1,438	1,321	1,153	983	830	718	742	767	789	811	718	624	512	400	405	409	419	429	438	479	512	545	0	0	0
Core processing charges
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,431	1,381	1,377	1,419	1,423	1,458	1,436	1,293	1,159	1,058	0	0	0
Core processing charges
-	-	3,256	3,134	-	-	3,117	3,041	2,964	-	2,817	2,853	2,716	2,699	2,726	2,631	2,433	2,176	1,824	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Telephone and data
891	948	1,001	1,063	1,084	1,061	1,014	965	969	973	1,007	964	955	930	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
8,933	8,798	8,562	8,707	7,945	7,665	6,928	6,531	6,822	6,950	7,660	7,880	8,035	8,458	7,062	6,646	5,901	4,895	5,767	5,429	5,256	5,267	5,256	5,216	5,309	5,351	5,237	5,354	5,099	5,158	5,429	5,379	5,370	5,244	4,989	4,778	0	0	0
TOTAL NONINTEREST EXPENSES
68,060	65,455	65,087	64,844	63,598	62,717	61,752	61,363	61,669	61,186	61,168	60,602	59,621	59,452	61,072	61,368	58,672	53,979	47,226	41,481	38,772	38,162	37,516	38,666	39,110	39,057	39,301	37,271	36,222	35,764	35,944	35,225	34,544	33,728	32,000	31,468	0	0	0
INCOME BEFORE INCOME TAXES
43,452	43,075	41,485	39,527	39,156	38,283	37,712	36,437	34,491	33,161	30,838	30,189	29,328	28,042	24,688	19,827	14,195	10,554	9,495	10,084	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
INCOME BEFORE INCOME TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	9,989	11,481	12,177	12,987	13,534	13,341	13,057	11,758	11,644	11,242	0	0	0
INCOME TAXES
7,441	7,315	6,714	5,826	5,925	5,714	8,594	9,420	9,837	10,450	7,999	7,957	7,786	7,485	6,319	4,977	3,553	2,499	2,248	2,311	2,622	2,632	2,676	2,131	1,815	1,683	1,867	2,482	2,760	3,055	3,199	3,124	3,009	2,540	2,612	2,547	0	0	0
NET INCOME
36,011	35,760	34,771	33,701	33,231	32,569	29,118	27,017	24,654	22,711	22,839	22,232	21,542	20,557	18,369	14,850	10,642	8,055	7,027	7,446	8,985	8,965	9,113	8,449	7,966	7,780	8,122	8,999	9,417	9,932	10,335	10,217	10,048	9,218	9,032	8,695	0	0	0
EARNINGS PER SHARE - basic and diluted
-	-	-	-	-	-	-	-	0.28	-	-	0.21	0.21	-	0.20	0.19	0.18	0.13	0.07	0.04	0.12	0.11	0.12	0.13	0.12	0.11	0.09	0.10	0.11	0.15	0.13	0.12	0.13	-	0.13	0.11	-	-	-
EARNINGS PER SHARE - basic
0.30	0.35	0.33	0.31	0.30	-	0.29	0.29	-	-	0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EARNINGS PER SHARE - fully diluted
0.30	0.34	0.33	0.31	0.30	-	0.29	0.29	-	-	0.22	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME PER SHARE--basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	-	-
Change in net unrealized gains on securities, net of reclassifications
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
COMPREHENSIVE INCOME
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
NET INCOME PER SHARE - basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.21	0.15
DIVIDENDS PER SHARE
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.03
Service Charges on Deposit Accounts
Noninterest income
4,535	4,514	4,490	4,433	4,325	4,254	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust Fees
Noninterest income
7,474	7,475	7,336	7,258	7,177	7,126	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance Agency Commissions
Noninterest income
2,999	2,919	2,865	2,751	2,725	2,621	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retirement Plan Consulting Fees
Noninterest income
1,511	1,489	1,516	1,648	1,663	1,684	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment Commissions
Noninterest income
1,569	1,406	1,230	1,119	1,107	1,103	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card and EFT Fees
Noninterest income
3,595	3,522	3,461	3,340	3,323	3,351	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-