Howard bancorp inc (HBMD)
Income statement / TTM
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'11
INTEREST INCOME
Interest and fees on loans and leases

83,133

83,555

83,596

83,340

81,997

75,009

65,132

54,837

45,330

41,213

39,841

38,808

37,873

37,865

38,058

36,864

34,932

32,837

30,195

27,566

25,515

23,056

20,905

19,756

18,522

17,579

16,707

15,934

15,563

15,380

15,173

14,985

14,786

14,516

0

0

0

Interest and dividends on securities

6,777

6,785

6,536

6,209

5,585

4,297

3,279

2,474

1,698

1,416

1,191

1,015

851

691

763

640

520

449

344

304

275

250

106

94

86

78

84

97

101

102

95

96

101

102

0

0

0

Other interest income

966

1,094

1,180

1,244

1,231

1,083

888

664

490

397

408

329

273

185

118

100

83

63

67

60

53

54

49

52

57

54

44

47

53

55

51

42

29

22

0

0

0

Total interest income

90,876

91,434

91,312

90,793

88,813

80,389

69,299

57,975

47,518

43,026

41,440

40,152

38,997

38,741

38,939

37,604

35,535

33,349

30,606

27,930

25,843

23,360

21,060

19,902

18,665

17,711

16,835

16,078

15,717

15,537

15,319

15,123

14,916

14,640

0

0

0

INTEREST EXPENSE
Deposits

15,108

15,462

14,769

13,029

10,754

8,540

6,520

5,251

4,463

3,997

3,790

3,628

3,579

3,470

3,303

3,105

2,809

2,611

2,459

2,326

2,215

2,079

1,934

1,796

1,709

1,656

1,616

1,626

1,703

1,778

1,817

1,826

1,761

1,748

0

0

0

Customer repurchase agreements and federal funds purchased

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB advances

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated debt

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term borrowings

-

-

2,886

2,255

-

2,327

2,282

1,947

1,425

876

790

721

671

595

435

309

190

154

120

105

104

106

115

113

115

114

120

134

153

163

158

168

169

168

0

0

0

Long-term borrowings

-

-

3,671

4,091

-

2,904

1,966

1,138

374

294

344

394

460

497

505

461

383

307

244

232

227

217

203

192

153

131

100

65

61

64

83

87

99

101

0

0

0

Total interest expense

21,515

22,124

21,326

19,375

16,869

13,771

10,768

8,336

6,262

5,167

4,924

4,743

4,710

4,562

4,243

3,875

3,382

3,072

2,823

2,663

2,546

2,402

2,252

2,101

1,977

1,901

1,836

1,825

1,917

2,005

2,058

2,081

2,029

2,017

0

0

0

NET INTEREST INCOME

69,361

69,310

69,986

71,418

71,944

66,618

58,531

49,639

41,256

37,859

36,516

35,409

34,287

34,179

34,696

33,729

32,153

30,277

27,783

25,267

23,297

20,958

18,808

17,801

16,688

15,810

14,999

14,253

13,800

13,532

13,261

13,042

12,887

12,623

0

0

0

Provision for credit losses

5,913

4,193

6,293

6,381

6,696

6,091

4,041

3,836

2,751

1,831

1,766

1,677

1,852

2,037

2,123

1,951

1,971

1,836

1,701

3,539

3,329

3,255

2,853

925

765

950

734

902

938

718

1,074

1,324

1,193

1,164

0

0

0

Net interest income after provision for credit losses

63,448

65,117

63,693

65,037

65,248

60,527

54,490

45,803

38,505

36,028

34,750

33,732

32,435

32,142

32,573

31,778

30,182

28,441

26,082

21,728

19,968

17,703

15,955

16,876

15,923

14,860

14,265

13,351

12,862

12,814

12,187

11,718

11,694

11,459

0

0

0

NONINTEREST INCOME
Service charges on deposit accounts

2,762

2,747

2,686

2,611

2,517

2,216

1,780

1,375

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

742

-

682

693

717

773

764

693

659

597

538

526

455

387

361

342

330

322

304

292

298

298

0

0

0

Realized and unrealized gains on mortgage banking activity

7,349

7,798

6,667

5,599

4,914

5,245

6,762

8,506

10,050

11,035

9,812

9,929

9,349

8,098

8,540

7,603

7,149

6,971

6,892

6,370

5,563

4,341

2,899

1,563

0

-

0

0

-

-

-

-

-

-

-

-

-

Gain (loss) on the sale of securities

-

-

-

433

-

-364

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on the sale of securities

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on the sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-37

-37

-37

-37

-131

328

328

328

459

0

0

0

Gain on the sale of portfolio loans

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

0

-

0

0

-

-

-

-

-

-

-

-

0

-

115

0

0

-

0

-

-

Loss on the disposal of bank premises & equipment

-

-

-

0

-

-

0

-

-

-

0

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from bank owned life insurance

1,856

1,858

1,847

1,816

1,776

1,614

1,364

1,120

900

760

717

663

617

623

591

538

473

408

374

366

371

377

353

330

307

282

210

138

67

0

0

0

0

-

-

-

-

Loan related fees and service charges

3,472

3,934

3,878

3,737

4,801

5,624

6,348

6,974

6,327

5,722

5,414

4,942

4,388

3,903

3,470

3,321

3,287

2,979

2,738

2,375

1,927

1,601

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other operating income

3,851

4,122

4,245

4,147

4,253

3,870

2,427

1,996

1,333

1,011

978

970

933

920

872

832

812

804

813

695

600

478

327

344

344

362

309

301

325

324

416

378

350

352

0

0

0

Total noninterest income

19,865

21,034

19,092

17,915

17,691

17,860

18,846

20,094

19,769

19,524

17,845

17,125

16,403

14,796

14,697

13,570

12,438

11,935

27,443

26,361

24,982

23,256

5,220

3,364

1,620

1,324

1,180

1,077

1,009

768

1,183

1,106

1,041

1,137

0

0

0

NONINTEREST EXPENSE
Compensation and benefits

32,463

32,056

31,748

32,500

34,139

33,674

32,152

29,433

25,585

23,573

22,245

21,200

20,007

19,034

19,136

18,861

17,930

17,196

17,418

15,556

14,524

13,434

10,594

9,709

8,565

7,397

7,044

6,630

6,310

6,075

5,559

5,324

5,126

5,020

0

0

0

Occupancy and equipment

8,538

9,076

12,689

13,237

10,671

10,650

7,190

6,225

4,642

4,154

4,118

4,155

4,070

4,622

4,631

4,500

4,455

3,816

3,727

3,285

2,967

2,462

0

0

0

-

-

-

1,550

1,509

1,499

1,459

1,427

1,436

0

0

0

Occupancy and equipment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

Amortization of core deposit intangible

2,928

3,013

3,096

3,185

3,281

2,856

2,162

1,456

729

505

535

573

613

655

732

648

556

462

302

237

174

111

78

75

54

34

14

0

0

-

0

-

-

-

-

-

-

Marketing and business development

2,332

2,339

2,175

2,170

2,790

3,338

3,763

4,214

4,295

4,231

4,017

3,890

3,593

3,375

3,243

3,165

2,956

2,861

2,647

2,261

2,041

1,674

1,408

1,161

880

752

635

627

622

606

560

524

507

494

0

0

0

Professional fees

2,895

2,954

2,955

2,951

2,950

2,471

2,288

2,151

1,851

1,968

1,865

1,928

2,176

2,111

2,076

1,793

1,491

1,478

1,352

1,183

1,161

1,046

1,036

1,065

967

883

726

614

462

535

595

540

539

401

0

0

0

Data processing fees

4,463

4,914

4,934

4,914

4,814

4,037

3,317

2,730

2,163

2,038

1,972

1,931

1,832

1,723

1,723

1,547

1,330

1,353

1,280

1,106

1,112

866

630

604

557

529

506

474

461

451

429

405

385

353

0

0

0

Merger and restructuring expense

-

-

-

-

-

15,549

15,650

16,240

10,542

567

378

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger and restructuring expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,344

3,385

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FDIC assessment

592

667

1,028

1,422

1,402

1,268

1,021

771

586

650

648

667

789

780

743

650

571

453

455

450

450

442

387

373

332

327

324

320

317

310

302

261

290

332

0

0

0

Other real estate owned

-896

-845

-922

-612

-505

-500

-608

-557

-653

-655

-192

-243

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

48

48

406

406

586

777

0

0

0

Loan production expense

2,648

2,700

2,572

2,491

3,100

3,523

3,843

4,115

3,756

3,743

3,553

3,318

3,123

3,016

2,983

2,866

2,701

2,223

2,001

1,686

1,370

1,170

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expense

6,025

5,514

5,934

5,774

5,592

5,246

4,541

3,884

3,049

3,116

3,183

3,084

3,199

3,286

3,361

3,459

3,430

3,331

3,172

2,771

2,376

2,034

1,383

1,378

1,211

1,130

944

852

875

905

1,284

1,268

1,331

1,335

0

0

0

Total noninterest expense

63,780

64,078

68,141

69,132

74,818

83,112

76,535

71,776

57,851

45,200

42,634

40,877

39,523

38,699

39,803

41,523

40,102

38,261

36,766

30,127

27,036

23,694

18,534

17,280

14,980

13,239

12,488

11,440

11,029

10,823

10,633

10,186

10,191

10,148

0

0

0

INCOME BEFORE INCOME TAXES

19,533

22,073

14,644

13,820

8,121

-4,725

-3,199

-5,879

423

10,352

9,961

9,980

9,315

8,239

7,467

3,825

2,518

2,115

16,759

17,962

17,914

17,265

2,641

2,960

2,563

2,945

2,957

2,988

2,842

2,759

2,737

2,637

2,544

2,448

0

0

0

Income tax (benefit) expense

3,565

5,192

3,518

3,352

2,018

-897

-1,109

-1,523

464

3,152

3,690

3,674

3,406

2,936

2,630

1,522

1,065

973

6,932

7,113

7,119

6,853

845

993

819

984

1,114

1,164

1,137

1,138

1,202

1,153

1,104

1,063

0

0

0

NET INCOME

15,968

16,881

11,126

10,468

6,103

-3,828

-2,090

-4,356

-41

7,200

6,271

6,306

5,909

5,303

4,837

2,303

1,453

1,142

9,827

10,849

10,795

10,412

1,796

1,967

1,744

1,961

1,843

1,824

1,705

1,621

1,535

1,484

1,440

1,385

0

0

0

Preferred stock dividends

-

-

-

-

-

-

-

-

-

-

-

-

-

166

199

230

152

126

125

125

126

126

126

126

127

165

278

404

528

616

643

601

526

451

0

0

0

Net income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

5,137

4,638

2,073

1,301

1,016

9,702

10,724

10,669

10,286

1,670

1,841

1,617

1,796

1,565

1,420

1,177

1,005

892

883

914

934

0

0

0

NET INCOME PER COMMON SHARE
Basic income per common share

0.18

0.32

0.24

0.11

0.22

0.12

0.21

-0.12

-0.43

0.19

0.17

0.21

0.18

0.14

0.25

0.22

0.13

-0.02

-0.13

0.16

0.15

2.25

0.05

0.17

0.06

0.13

0.09

0.12

0.10

0.07

0.06

0.09

0.09

0.07

0.08

0.10

0.10

Diluted

0.18

0.32

0.24

0.11

0.22

0.12

0.21

-0.12

-0.43

0.19

0.17

0.21

0.18

0.13

0.25

0.22

0.13

-0.01

-0.13

0.15

0.15

2.20

0.05

0.17

0.06

0.13

0.09

0.12

0.10

0.07

0.06

0.09

0.09

0.07

0.08

0.10

0.10