GUARANTY BANCSHARES, INC. GNTY Income Statement

Guaranty bancshares, inc. (GNTY)

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
Interest income
Loans, including fees
22,517	23,159	22,996	22,581	22,244	21,793	20,879	18,242	16,256	15,899	15,486	15,214	14,415	14,708	14,294	13,649	12,914
Securities
Taxable
1,294	1,373	1,417	1,527	1,599	1,604	1,526	1,598	1,589	1,554	1,545	1,401	1,311	872	1,038	1,393	1,867
Nontaxable
975	959	955	957	959	958	966	932	914	918	919	920	922	923	923	870	515
Federal funds sold and interest-bearing deposits
466	357	485	488	505	364	304	254	279	-	-	-	-	-	-	-	-
Federal funds sold and interest-bearing deposits
466	357	485	488	505	364	304	254	279	318	215	257	488	214	172	183	173
Total interest income
25,252	25,848	25,853	25,553	25,307	24,719	23,675	21,026	19,038	18,689	18,165	17,792	17,136	16,717	16,427	16,095	15,469
Interest expense
Deposits
4,421	4,930	5,304	5,704	5,673	4,993	4,670	4,004	3,274	2,843	2,730	2,627	2,404	2,259	2,329	2,276	2,186
FHLB advances and federal funds purchased
82	263	298	381	447	684	593	374	214	-	-	-	-	-	-	-	-
FHLB advances and federal funds purchased
82	263	298	381	447	684	593	374	214	178	157	58	79	73	109	104	64
Subordinated debentures
143	153	156	170	169	171	173	176	167	165	164	188	207	226	217	217	222
Other borrowed money
37	8	12	12	11	15	10	13	11	15	12	120	205	134	104	154	194
Total interest expense
4,683	5,354	5,770	6,267	6,300	5,863	5,446	4,567	3,666	3,201	3,063	2,993	2,895	2,692	2,759	2,751	2,666
Net interest income
20,569	20,494	20,083	19,286	19,007	18,856	18,229	16,459	15,372	15,488	15,102	14,799	14,241	14,025	13,668	13,344	12,803
Provision for credit losses
1,400	0	100	575	575	500	500	650	600	600	800	800	650	400	840	1,950	450
Net interest income after provision for credit losses
19,169	20,494	19,983	18,711	18,432	18,356	17,729	15,809	14,772	14,888	14,302	13,999	13,591	13,625	12,828	11,394	12,353
Noninterest income
Service charges
908	1,022	978	889	826	939	921	852	888	-	-	-	-	-	-	-	-
Service charges
908	1,022	978	889	826	939	921	852	888	-	986	-	-	-	-	-	-
Net realized (loss) gain on securities transactions
-	-	-	-22	-	-	1	-51	-	-	0	-	-	-	-	-	-
Service charges
-	-	-	-	-	-	-	-	-	-	-	938	877	-	914	888	823
Net realized (loss) gain on securities transactions
-	-	-	-	-	-	-	-	-	-	-	25	-	-	64	-19	37
Net realized gain on sale of loans
1,189	780	910	683	477	437	637	678	556	491	589	472	429	487	486	519	226
Other income
2,864	2,872	2,728	2,560	2,259	2,797	1,990	2,437	2,221	2,201	2,127	2,081	1,976	2,022	1,938	1,921	1,805
Total noninterest income
4,961	4,674	4,616	4,110	3,562	4,173	3,549	3,916	3,665	3,779	3,702	3,516	3,282	3,414	3,402	3,309	2,891
Noninterest expense
Employee compensation and benefits
9,466	9,332	8,896	8,693	8,986	8,399	8,156	7,789	7,778	6,922	6,729	6,440	6,987	6,554	6,370	6,237	6,450
Occupancy expenses
2,477	2,498	2,448	2,437	2,451	2,322	2,217	2,006	1,853	1,848	1,938	1,866	1,748	1,674	1,720	1,729	1,747
Other expenses
4,464	4,396	4,091	4,264	4,033	3,823	4,654	4,274	3,503	3,495	3,499	3,600	3,310	3,812	3,390	3,417	3,280
Total noninterest expense
16,407	16,226	15,435	15,394	15,470	14,544	15,027	14,069	13,134	12,265	12,166	11,906	12,045	12,040	11,480	11,383	11,477
Income before income taxes
7,723	8,942	9,164	7,427	6,524	7,985	6,251	5,656	5,303	6,402	5,838	5,609	4,828	4,999	4,750	3,320	3,767
Income tax provision
1,445	1,573	1,634	1,384	1,187	1,473	1,160	1,022	944	3,594	1,699	1,633	1,312	1,425	1,380	820	1,090
Net earnings
6,278	7,369	7,530	6,043	5,337	6,512	5,091	4,634	4,359	2,808	4,139	3,976	3,516	3,574	3,370	2,500	2,677
Basic earnings per share (in USD per share)
0.55	0.64	0.65	0.52	0.45	0.55	0.43	0.41	0.39	0.24	0.37	0.40	0.40	0.40	0.38	0.27	0.30
Diluted earnings per share (in USD per share)
0.55	0.63	0.65	0.52	0.45	0.55	0.42	0.41	0.39	0.24	0.37	0.39	0.40	0.40	0.38	0.27	0.30