Guaranty federal bancshares inc (GFED)
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
Loans

9,553

10,105

10,429

10,394

10,303

10,915

12,773

9,818

7,378

7,411

7,052

6,743

6,246

6,130

5,854

5,628

5,701

5,824

5,846

5,988

5,904

6,074

5,736

5,576

5,867

6,138

5,866

5,952

5,928

6,547

6,385

6,330

6,403

6,940

6,943

6,822

6,717

6,861

7,188

Investment securities

884

778

735

680

597

526

523

492

449

430

431

454

475

450

461

525

457

428

350

351

353

370

383

415

457

442

452

466

432

451

421

471

412

462

711

737

725

866

920

Other

361

365

416

223

195

90

80

67

128

60

41

43

49

44

38

50

45

33

31

46

30

24

26

46

34

37

31

47

58

48

39

45

49

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

74

81

87

117

118

Interest and Dividend Income, Operating, Total

10,798

11,248

11,581

11,299

11,096

11,532

13,377

10,379

7,956

7,902

7,525

7,241

6,771

6,625

6,354

6,204

6,205

6,286

6,229

6,386

6,287

6,469

6,147

6,037

6,360

6,619

6,349

6,467

6,419

7,047

6,846

6,846

6,865

7,474

7,729

7,641

7,530

7,845

8,228

Interest Expense
Deposits

2,494

2,705

2,880

2,799

2,606

2,055

1,825

1,719

1,422

1,489

893

746

621

568

560

570

584

591

612

625

594

575

583

562

606

649

717

731

761

880

1,006

1,045

1,142

1,269

1,397

1,510

1,599

2,346

2,474

FHLB advances

273

274

282

288

356

544

481

405

333

434

419

449

399

349

349

313

301

301

298

297

298

305

302

298

295

307

311

307

368

387

388

383

383

387

568

607

600

768

787

Subordinated debentures

195

196

185

296

291

288

282

277

168

163

160

155

151

150

146

143

139

136

135

133

132

133

133

133

133

134

134

134

134

137

139

139

139

137

132

133

206

255

255

Other

122

127

111

64

67

-

58

3

-

-

0

0

-

-

-

-

-

-

0

55

65

-

66

65

65

-

66

107

163

-

168

162

183

-1,181

298

288

279

289

288

Interest Expense, Total

3,086

3,304

3,459

3,449

3,321

2,946

2,648

2,406

1,925

2,087

1,473

1,352

1,173

1,068

1,056

1,026

1,025

1,029

1,046

1,112

1,091

1,081

1,086

1,060

1,100

1,158

1,229

1,281

1,428

1,572

1,703

1,732

1,850

1,986

2,398

2,540

2,686

3,659

3,806

Net Interest Income

7,712

7,944

8,122

7,850

7,774

8,585

10,729

7,972

6,031

5,815

6,051

5,889

5,597

5,557

5,298

5,177

5,179

5,257

5,182

5,274

5,195

5,387

5,060

4,977

5,259

5,460

5,120

5,185

4,991

5,474

5,143

5,114

5,015

5,488

5,331

5,101

4,843

4,186

4,422

Provision for Loan Losses

500

-

100

100

-

300

200

500

225

250

450

575

475

425

200

375

375

250

200

0

150

300

450

325

200

700

200

250

400

350

2,600

2,100

900

550

900

1,000

900

850

950

Net Interest Income After Provision for Loan Losses

7,212

7,944

8,022

7,750

7,774

8,285

10,529

7,472

5,806

5,565

5,601

5,314

5,122

5,132

5,098

4,802

4,804

5,007

4,982

5,274

5,045

5,087

4,610

4,652

5,059

4,760

4,920

4,935

4,591

5,124

2,543

3,014

4,115

4,938

4,431

4,101

3,943

3,336

3,472

Noninterest Income
Service charges

409

443

442

418

401

659

475

552

317

320

311

290

267

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on sale of investment securities

27

9

31

78

-30

-0

-0

-10

3

-27

11

62

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

303

279

265

300

317

315

281

317

315

318

312

343

299

292

261

303

292

269

255

277

339

358

339

386

408

Other fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8

7

Gain on sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

44

60

51

35

-4

148

6

25

-1

7

3

0

14

116

88

30

30

69

37

1,307

82

112

3

41

13

Gain on sale of mortgage loans held for sale

543

511

722

561

425

438

595

616

379

470

618

523

408

447

528

382

349

-

419

364

-

-

249

250

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of Small Business Administration loans

-

231

301

247

250

170

263

225

170

262

228

124

130

59

85

82

69

-

0

344

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Commercial loan referral income

555

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

328

-

-

-

185

-

262

592

431

540

506

475

362

444

370

252

278

472

359

Gain on sale of state low-income housing tax credits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,441

-

-

281

-

-

-

-

-

-

-

-

Net loss on foreclosed assets

-6

-122

-134

39

-19

-22

-459

76

44

125

47

-29

38

54

-33

-8

-10

-125

-21

-6

-11

-103

-32

-61

-15

-99

-27

-75

-72

-186

-1,033

-70

-101

-294

-82

-289

-133

-33

-55

Other income

570

595

573

586

536

570

587

493

403

408

353

395

385

382

387

383

383

410

397

345

345

336

336

346

331

336

327

318

309

303

298

297

293

279

286

281

270

285

310

Noninterest Income, Total

2,099

1,670

1,937

1,933

1,564

1,817

1,461

1,953

1,319

1,560

1,570

1,367

1,229

1,266

1,315

1,179

1,108

905

1,109

1,511

950

802

867

862

817

739

876

2,684

1,019

991

376

1,040

847

2,015

996

715

757

1,161

1,042

Noninterest Expense
Salaries and employee benefits

3,949

4,051

4,144

3,952

3,959

3,755

3,887

4,101

3,173

3,195

3,052

2,934

2,857

2,735

2,694

2,705

2,550

2,380

2,483

2,488

2,453

2,139

2,218

2,231

2,304

2,136

2,257

2,272

2,392

2,294

2,336

2,281

2,335

2,167

2,264

2,190

2,265

2,110

2,122

Occupancy

1,151

1,193

1,149

1,106

1,133

1,150

1,112

1,037

770

641

591

485

486

484

465

433

444

493

474

463

473

428

421

419

427

438

437

449

426

416

416

405

391

417

394

421

426

431

419

FDIC deposit insurance premiums

-

40

40

118

99

140

101

116

78

69

63

59

53

-11

117

127

116

120

105

113

106

107

84

120

136

137

141

141

142

142

119

210

216

192

229

234

285

304

314

Prepayment penalty on repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

463

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepayment penalty on repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,510

-

-

-

-

-

-

-

-

-

-

-

Data processing

597

516

368

420

388

381

328

464

302

256

268

232

229

239

223

211

215

198

198

201

192

178

180

165

160

168

164

184

169

150

141

142

132

132

121

135

139

122

107

Advertising

122

97

102

150

150

137

131

134

131

131

131

131

131

131

131

131

131

131

131

131

131

106

106

106

106

106

106

106

106

75

75

75

75

75

75

75

75

75

75

Impairment on investment tax credits

-

-

-

-

-

-

-

-

-

-

146

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger costs

-

-

-

22

-

101

150

3,192

228

151

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of core deposit intangible

119

119

119

119

119

-

94

220

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

858

844

1,029

937

993

1,332

858

955

791

717

757

725

661

785

686

699

650

602

658

690

721

488

619

618

987

-183

903

867

1,189

1,108

1,013

787

897

890

800

860

959

783

839

Noninterest Expense, Total

6,798

6,874

6,953

6,826

6,843

7,093

6,665

10,222

5,475

5,603

5,011

4,567

4,419

4,364

4,317

4,309

4,109

3,927

4,052

4,551

4,078

3,450

3,629

3,661

4,123

2,803

4,010

5,532

4,425

4,187

4,102

3,902

4,047

5,405

3,884

3,918

4,152

3,826

3,878

Income Before Income Taxes

2,512

2,739

3,005

2,857

2,495

3,008

5,324

-796

1,649

1,521

2,161

2,113

1,932

2,034

2,095

1,672

1,803

1,985

2,040

2,234

1,917

2,439

1,848

1,853

1,753

2,696

1,785

2,087

1,185

1,928

-1,183

151

915

1,548

1,543

897

549

670

636

Provision for Income Taxes

407

424

455

428

375

624

1,390

-453

293

1,102

443

520

503

514

554

416

527

554

621

696

588

657

488

514

452

1,323

439

520

232

446

-466

-192

80

241

327

108

26

148

144

Net Income Available to Common Shareholders

2,104

-

-

-

2,120

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,782

1,360

1,338

1,301

1,373

1,345

1,567

952

1,482

-717

344

834

1,307

1,215

789

522

522

492

Preferred Stock Dividends and Discount Accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

111

246

198

198

198

198

198

198

397

281

281

281

281

281

281

281

Net Income Available to Common Shareholders

-

-

2,550

2,428

-

2,384

3,934

-342

1,355

418

1,717

1,592

1,429

1,519

1,541

1,256

1,276

1,430

1,418

1,537

1,329

1,782

1,360

1,227

1,055

1,174

1,147

1,369

754

1,283

-915

-53

553

1,026

934

508

241

240

211

Basic Income Per Common Share (in dollars per share)

0.49

0.53

0.58

0.55

0.48

0.54

0.89

-0.08

0.31

0.10

0.39

0.36

0.33

0.35

0.35

0.29

0.29

0.33

0.33

0.35

0.31

0.41

0.32

0.29

0.33

0.43

0.42

0.50

0.28

0.48

-0.34

-0.02

0.20

0.38

0.35

0.19

0.09

0.09

0.08

Diluted Income Per Common Share (in dollars per share)

0.49

0.53

0.57

0.54

0.47

0.54

0.88

-0.08

0.30

0.09

0.39

0.36

0.32

0.35

0.35

0.28

0.29

0.33

0.32

0.35

0.30

0.41

0.31

0.28

0.33

0.43

0.41

0.49

0.25

0.46

-0.34

-0.02

0.20

0.38

0.35

0.19

0.09

0.09

0.08