Fncb bancorp, inc. (FNCB)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income
Interest and fees on loans

9,139

9,505

9,488

9,418

9,407

9,561

9,501

9,031

8,288

8,074

7,576

7,191

6,980

6,894

7,098

7,032

6,969

6,928

6,693

6,475

6,472

6,671

6,852

6,612

6,494

6,939

6,833

6,718

6,607

7,122

7,148

7,529

7,789

8,071

8,360

8,943

9,093

10,830

11,486

Interest and dividends on securities:
U.S. government agencies

750

822

924

906

893

890

899

886

890

860

816

850

900

879

848

900

930

992

1,061

1,012

971

998

893

860

743

528

429

479

423

358

289

325

380

360

743

827

922

1,282

1,305

State and political subdivisions, tax free

57

37

37

38

37

38

37

38

20

7

7

12

23

16

9

11

10

18

19

22

50

204

409

560

710

-

-

-

-

-

-

-

-

-

-

-

-

-

-

State and political subdivisions, tax-free

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,410

-

-

State and political subdivisions, taxable

765

718

713

811

1,021

1,026

1,028

1,027

1,024

993

1,016

978

822

740

675

624

535

458

324

97

26

53

76

97

98

-

-

-

-

-

-

-

-

-

-

-

13

-

-

State and political subdivisions, tax-free

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

761

824

990

-

985

982

980

-

1,262

1,406

-

1,383

1,391

State and political subdivisions, tax-free

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,406

-

1,383

1,391

State and political subdivisions, taxable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

98

116

-

117

119

130

-

12

13

-

13

13

Other securities

412

364

314

210

205

167

211

240

195

153

166

120

124

228

127

94

96

206

92

82

157

66

74

76

56

34

51

34

35

247

403

425

409

60

72

58

44

10

163

Total interest and dividends on securities

1,984

1,941

1,988

1,965

2,156

2,121

2,175

2,191

2,129

2,013

2,005

1,960

1,869

1,863

1,659

1,629

1,571

1,674

1,496

1,213

1,204

1,321

1,452

1,593

1,607

1,415

1,339

1,435

1,564

1,705

1,794

1,851

1,899

1,509

2,089

2,304

2,389

2,688

2,872

Interest on interest-bearing deposits in other banks

21

33

30

79

46

36

17

12

23

34

24

32

90

19

8

2

4

4

10

11

21

27

8

13

23

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on interest-bearing deposits and federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

14

39

-

43

44

56

-

34

-

-

-

-

Interest on interest-bearing deposits and federal funds sold

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

36

26

44

31

Total interest income

11,144

11,479

11,506

11,462

11,609

11,718

11,693

11,234

10,440

10,121

9,605

9,183

8,939

8,776

8,765

8,663

8,544

8,606

8,199

7,699

7,697

8,019

8,312

8,218

8,124

8,387

8,189

8,167

8,210

8,874

8,985

9,424

9,744

9,662

10,483

11,283

11,508

13,562

14,389

Interest expense
Interest-bearing demand

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

172

157

183

-

232

539

612

825

863

Savings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

41

44

46

-

60

87

95

132

128

Time ($100,000 and over)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

345

385

415

-

375

664

698

838

881

Other time

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

711

791

888

-

1,253

1,167

1,241

1,638

1,794

Interest on deposits

1,660

1,818

1,901

2,144

2,238

2,165

1,559

1,134

1,067

1,008

943

826

744

721

704

663

642

628

677

643

683

745

751

819

865

939

1,037

1,070

1,118

1,206

1,269

1,377

1,532

1,736

1,920

2,457

2,646

3,433

3,666

Interest on borrowed funds:
Federal Home Loan Bank of Pittsburgh advances

219

-

-

-

287

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Junior subordinated debentures

88

99

106

111

114

108

106

99

87

81

77

73

69

67

62

61

57

56

50

51

49

87

50

50

49

51

51

51

51

53

56

57

58

53

51

51

51

57

51

Federal Home Loan Bank of Pittsburgh advances

-

-

448

253

-

251

715

707

352

175

163

130

131

123

157

167

148

147

128

119

120

116

125

113

96

124

149

128

126

261

307

340

414

442

513

797

869

1,298

1,347

Subordinated debentures

-

0

0

0

24

57

58

57

56

57

97

114

112

145

162

159

159

160

162

565

563

575

575

568

563

575

575

569

562

576

574

569

569

575

575

569

562

575

569

Total interest on borrowed funds

307

-

554

-

425

-

879

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest on borrowed funds

-

-

-

364

-

-

-

863

495

313

337

317

312

335

381

387

364

363

340

735

732

778

750

731

708

750

775

748

739

-

-

-

-

-

-

-

-

1

-

Total interest expense

1,967

2,170

2,455

2,508

2,663

2,581

2,438

1,997

1,562

1,321

1,280

1,143

1,056

1,056

1,085

1,050

1,006

991

1,017

1,378

1,415

-

1,501

1,550

-

-

-

-

1,857

-

2,206

2,343

2,573

-

3,059

3,874

4,128

5,364

5,633

Total interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,573

-

1,812

1,818

-

6,274

937

966

1,041

9,829

1,139

1,417

1,482

1,931

1,967

Net interest income before provision (credit) for loan and lease losses

9,177

9,309

9,051

8,954

8,946

9,137

9,255

9,237

8,878

8,800

8,325

8,040

7,883

7,720

7,680

7,613

7,538

7,615

7,182

6,321

6,282

6,496

6,811

6,668

6,551

6,698

6,377

6,349

6,353

6,778

6,779

7,081

7,171

6,856

7,424

7,409

7,380

8,198

8,756

Provision (credit) for loan and lease losses

1,151

-33

637

347

-154

-199

1,149

880

720

283

543

421

-478

295

-234

396

696

-1,005

-191

345

-494

-240

-54

-4,005

-1,570

-3,885

-1,159

-2

-1,224

689

3,792

-280

-136

-1,524

-462

765

1,744

7,311

4,574

Net interest income after provision (credit) for loan and lease losses

8,026

9,342

8,414

8,607

9,100

9,336

8,106

8,357

8,158

8,517

7,782

7,619

8,361

7,425

7,914

7,217

6,842

8,620

7,373

5,976

6,776

6,736

6,865

10,673

8,121

10,583

7,536

6,351

7,577

6,089

2,987

7,361

7,307

8,380

7,886

6,644

5,636

887

4,182

Non-interest income
Deposit service charges

825

832

797

721

685

725

711

747

702

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on the sale of available-for-sale debt securities

149

525

379

163

160

-

-

-4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on the sale of available-for-sale debt securities

-

-

-

-

-

-

-

-

-

259

367

693

278

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on equity securities

14

-2

5

14

12

7

-8

-7

-19

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit service charges

-

-

-

-

-

-

-

-

-

-

-

-

-

735

739

717

701

742

799

745

674

758

781

746

690

786

758

723

678

752

740

756

737

792

803

783

727

890

835

Net gain on the sale of available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

857

103

-6

4

74

2,224

634

2,958

1,480

1,568

329

817

899

842

-1,808

88

0

8

-

926

2,302

-

-2,869

-21

Gross other-than-temporary-impairment (losses) gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,499

-2,345

117

-175

-865

-639

479

274

45

2,938

Portion of gain recognized in OCI before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2,499

2,345

-21

175

1,314

639

-130

-274

1,158

-382

Other-than-temporary-impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

96

-

-

-

349

-

1,203

2,556

Net gain on the sale of mortgage loans held for sale

96

55

69

73

56

39

71

51

49

63

106

110

25

102

99

71

68

223

13

16

40

69

57

91

75

121

81

50

110

120

249

247

243

315

142

123

175

440

155

Net gain on the sale of SBA guaranteed loans

-

-

-

-

-

0

0

71

251

0

23

56

0

-

51

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain on the sale of other repossessed assets

-

-

-

-

-

-

-

-

-

0

0

-10

57

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net loss on the sale of classified loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

Net loss on the sale of education loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

13

-

0

-

0

-

-

-

-

-

-

-

-

-

-

Net gain on the sale of other real estate owned

-

-

11

9

-

0

0

-7

38

22

0

6

51

20

32

2

-5

17

129

11

5

106

35

39

29

41

5

76

13

45

106

145

9

-8

-31

23

2,544

44

48

Gain on the sale of bank premises and equipment and other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

579

0

0

0

-

-

-

-

-

-

-

-

-

-

Gain on branch divestitures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

607

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on the sale of other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

19

1

-88

28

Loan-related fees

56

147

80

72

79

145

85

76

84

132

96

65

91

152

85

95

107

152

94

106

90

148

101

98

93

139

87

89

108

150

115

125

124

191

122

182

178

-

-

Income from bank-owned life insurance

129

126

134

129

131

142

141

138

134

128

129

135

135

126

137

143

146

149

145

135

135

154

165

164

167

175

176

183

172

168

171

168

185

192

200

199

196

198

186

Merchant services revenue

135

-

142

-

118

-

135

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merchant services revenue

-

-

-

-

-

-

-

-

-

-

108

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Legal settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

184

-

-

-

2,127

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Legal settlements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

Other

290

570

214

397

274

472

185

464

280

666

157

240

242

263

237

209

211

364

195

274

251

194

345

217

237

-107

491

261

536

203

190

199

144

251

178

175

161

411

394

Total non-interest income

1,694

2,696

1,831

1,578

1,515

7,422

1,320

1,529

1,519

1,918

1,714

2,023

1,570

1,398

1,380

2,094

1,331

1,457

1,379

1,545

3,419

2,063

4,442

4,962

3,453

2,128

2,415

2,281

2,459

-370

1,659

1,544

1,450

3,170

2,340

3,457

3,982

-2,177

-931

Non-interest expense
Salaries and employee benefits

3,929

3,884

3,911

3,824

3,899

4,048

3,581

3,485

3,666

4,092

3,247

3,298

3,524

3,954

3,263

3,589

3,514

4,228

3,240

3,203

3,139

3,302

3,316

3,093

3,400

3,432

3,223

3,243

3,320

3,710

3,733

3,621

3,638

3,699

3,563

3,459

3,396

3,375

3,229

Occupancy expense

554

494

460

444

550

562

500

526

603

538

394

586

587

476

479

329

493

619

500

532

633

534

438

472

644

552

529

550

584

542

586

499

598

245

765

821

677

582

517

Equipment expense

371

351

332

329

307

318

299

323

314

435

474

446

460

455

429

425

423

423

408

442

384

403

355

357

356

343

369

380

376

413

444

446

420

424

436

409

385

423

454

Advertising expense

207

159

228

154

197

180

193

213

113

199

119

191

114

132

157

172

93

148

86

159

90

-

109

136

-

121

146

179

77

224

102

140

148

144

142

182

161

129

214

Data processing expense

725

801

742

789

781

759

745

647

648

521

506

509

487

475

505

494

523

556

471

501

448

532

508

526

522

499

499

504

564

554

517

596

474

498

519

518

501

535

568

Regulatory assessments

59

41

21

76

168

213

251

196

201

189

160

164

173

100

199

193

237

239

203

99

409

412

266

450

673

652

603

610

650

-

-

-

-

-

-

-

-

-

-

FDIC assessment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

603

603

600

-

714

587

789

989

502

Bank shares tax

300

-194

205

277

278

-131

278

222

267

38

252

252

258

90

253

252

241

53

217

218

217

150

21

175

176

77

241

241

241

272

59

275

276

276

275

276

276

255

255

Expense of other real estate owned

55

-

62

14

51

-

91

55

45

56

104

288

40

74

95

194

46

62

91

147

100

74

514

1,818

163

-49

318

232

218

574

1,049

226

178

1,699

1,333

121

567

2,185

1,170

(Credit) provision for off-balance sheet commitments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-56

-55

-121

24

147

252

-65

-171

-61

43

-234

-200

-24

Legal expense

-

-

-

-

-

-

-

-

-

-

-

-

-

77

79

86

120

106

80

88

163

371

268

513

647

650

657

566

615

1,441

1,330

738

724

478

837

1,103

298

292

133

Professional fees

188

332

189

203

332

295

241

196

296

294

206

180

276

245

157

272

287

234

193

286

301

327

306

484

450

446

351

326

551

633

1,231

1,003

1,518

1,100

868

1,206

2,239

368

206

Insurance expense

123

-

128

120

126

-

130

133

135

134

132

128

125

132

131

125

128

131

128

202

198

194

196

279

282

281

279

296

323

219

210

235

232

228

260

98

99

239

75

Directors fees

-

-

236

-

-

-

85

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan collection expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

177

58

20

227

217

183

136

229

-

-

-

-

-

-

Other losses

-

-

-16

-1

-

-443

-28

-86

-41

-169

-49

-147

-138

-43

-67

-107

-60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

694

2,536

799

891

736

1,928

766

884

903

1,139

754

751

746

910

739

787

639

730

798

803

700

27

1,486

662

678

631

847

820

680

423

973

1,102

952

645

1,009

1,089

990

1,367

1,147

Total non-interest expense

7,205

7,806

7,329

7,122

7,425

7,941

7,188

6,966

7,232

7,804

6,397

6,940

6,928

7,163

6,553

7,025

6,804

8,587

6,415

6,680

6,782

8,830

7,783

8,965

7,991

10,667

8,064

7,912

8,305

10,777

11,167

9,872

9,922

11,114

10,660

9,912

10,144

10,539

8,446

Income before income tax expense

2,515

4,232

2,916

3,063

3,190

8,817

2,238

2,920

2,445

2,631

3,099

2,702

3,003

1,660

2,741

2,286

1,369

1,490

2,337

841

3,413

-31

3,524

6,670

3,583

2,044

1,887

720

1,731

-5,058

-6,521

-967

-1,165

436

-434

189

-526

-11,829

-5,195

Income tax expense

452

744

513

514

555

1,749

388

508

426

8,745

827

910

806

136

724

661

226

-27,719

0

22

-62

0

166

90

70

0

0

0

0

-

0

0

-

-

0

-

0

0

0

Net income

2,063

3,488

2,403

2,549

2,635

7,068

1,850

2,412

2,019

-

2,272

1,792

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income

-

-

-

-

-

-

-

-

-

-

-

-

2,197

1,524

2,017

1,625

1,143

29,209

2,337

819

3,475

-31

3,358

6,580

3,513

2,044

1,887

720

1,731

-5,058

-6,521

-967

-1,165

436

-434

189

-526

-11,829

-5,195

Earnings per share
Basic (in dollars per share)

0.10

0.17

0.12

0.13

0.14

0.42

0.11

0.14

0.12

-0.37

0.14

0.11

0.13

0.09

0.12

0.10

0.07

1.77

0.14

0.05

0.21

0.00

0.20

0.40

0.21

0.13

0.11

0.04

0.11

-0.30

-0.40

-0.06

-0.07

0.03

-0.03

0.01

-0.03

-0.72

-0.32

Diluted (in dollars per share)

0.10

0.17

0.12

0.13

0.14

0.42

0.11

0.14

0.12

-0.37

0.14

0.11

0.13

0.09

0.12

0.10

0.07

1.77

0.14

0.05

0.21

0.00

0.20

0.40

0.21

0.13

0.11

0.04

0.11

-0.30

-0.40

-0.06

-0.07

0.03

-0.03

0.01

-0.03

-0.72

-0.32

Cash dividends declared per common share (in dollars per share)

0.05

0.05

0.05

0.05

0.05

0.05

0.04

0.04

0.04

0.04

0.03

0.03

0.03

0.03

0.02

0.02

0.02

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-

0.00

0.00

-

-

0.00

-

0.00

0.00

0.00

WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)

20,172

20,190

20,168

20,129

18,720

16,821

16,818

16,792

16,763

16,759

16,757

16,716

16,657

16,622

16,593

16,549

16,519

16,506

16,500

16,500

16,490

16,475

16,471

16,471

16,471

16,461

16,457

16,457

16,457

16,442

16,442

16,442

16,442

16,441

16,441

16,440

16,434

16,383

16,306

Diluted (in shares)

20,176

20,190

20,172

20,133

18,733

16,835

16,838

16,819

16,789

16,775

16,777

16,736

16,670

16,622

16,593

16,553

16,520

16,506

16,500

16,500

16,490

16,475

16,471

16,471

16,472

16,461

16,457

16,457

16,457

16,442

16,442

16,442

16,442

16,441

16,441

16,440

16,434

16,383

16,306