Hometown bankshares corp (HMTA)
Income statement / Yearly
Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Interest and dividend income:
Loans and fees on loans

20,820

18,973

17,711

16,374

15,230

14,403

13,797

14,013

14,362

Taxable investment securities

1,102

1,031

837

741

1,000

1,277

1,631

1,894

1,726

Nontaxable investment securities

229

308

388

405

400

206

50

-

-

Federal funds sold

-

-

-

-

-

-

-

28

39

Dividends on restricted stock

151

132

131

140

129

100

92

63

59

Other interest income

188

225

107

41

39

44

49

16

-

Total interest and dividend income

22,490

20,669

19,174

17,701

16,798

16,030

15,619

16,014

16,186

Interest expense:
Deposits

2,841

2,282

2,216

1,898

1,746

1,845

2,299

3,831

4,877

Subordinated notes

536

537

536

19

-

-

-

-

-

Preferred stock dividends

-

-

-

-

-

-

38

-

-

Other borrowed funds

323

227

266

394

372

377

402

503

561

Total interest expense

3,700

3,046

3,018

2,311

2,118

2,222

2,739

4,334

5,438

Net interest income

18,790

17,623

16,156

15,390

14,680

13,808

12,880

11,680

10,748

Provision for loan losses

561

1,142

1,082

0

-

125

1,408

1,222

6,453

Net interest income after provision for loan losses

18,229

16,481

15,074

15,390

14,680

13,683

11,472

10,458

4,295

Noninterest income:
Gains on sales of investment securities, net

60

69

-

-

-

-

-

-

-

Income from life insurance death benefit

642

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

669

523

452

314

283

258

294

ATM and interchange income

-

-

670

575

443

327

231

180

-

Mortgage banking

-

-

854

703

231

282

368

147

175

Rental income

-

-

-

-

-

-

-

-

134

Gains on sales of investment securities, net

-

-

257

52

128

152

131

196

-

Gain on sale of building

-

-

-

348

-

-

-

-

-

Other income

651

874

651

770

632

369

389

257

244

Total noninterest income

3,698

3,283

3,101

2,971

1,886

1,444

1,402

1,038

847

Noninterest expense:
Salaries and employee benefits

8,648

8,098

6,981

6,529

5,802

5,242

4,894

4,753

4,549

Occupancy and equipment expense

1,676

1,650

1,650

1,757

1,535

1,317

1,259

1,286

1,286

Data processing expense

1,498

1,314

1,129

856

720

596

682

599

445

ATM maintenance expense

90

197

228

-

-

-

-

-

-

Advertising and marketing expense

606

537

480

691

598

457

392

331

376

Professional fees

421

588

494

386

581

495

343

295

495

Bank franchise taxes

419

399

366

262

262

203

137

204

203

FDIC insurance expense

235

248

306

320

283

514

490

539

657

Losses on sales and write-downs of other real estate owned, net

-334

-581

-495

-346

10

-582

-566

-333

-

Loss on sales and writedowns of other real estate owned

-

-

-

-

-

-

-

-

77

Other real estate owned expense

280

106

97

151

224

250

314

240

43

Directors’ fees

392

410

411

222

223

217

227

-

-

Merger-related expense

788

-

-

-

-

-

-

-

-

Other expense

1,697

1,839

1,517

1,635

1,346

1,185

1,047

997

1,038

Total noninterest expense

17,084

15,967

14,154

13,155

11,564

11,058

10,351

9,577

9,015

Net income before income taxes

4,843

3,797

4,021

5,206

5,002

4,069

2,523

1,919

-3,873

Income tax expense

845

1,228

1,440

1,595

1,587

1,340

-2,073

-

0

Net income

3,998

2,569

2,581

3,611

3,415

-

-

-

-

Less net income attributable to non-controlling interest

44

73

62

57

-

-

-

-

-

Net income attributable to HomeTown Bankshares Corporation

3,954

2,496

2,519

3,554

3,415

2,729

4,596

1,919

-3,873

Effective dividends on preferred stock

-

-

408

840

840

846

534

534

534

Accretion of discount on preferred stock

-

-

-

-

-

142

75

70

68

Net income available to common stockholders

-

-

2,111

2,714

2,575

1,741

3,987

1,315

-4,475

Basic earnings per common share (in dollars per share)

0.68

0.43

0.45

0.79

0.78

0.53

1.22

-

-

Diluted earnings per common share (in dollars per share)

0.68

0.43

0.37

0.62

0.62

0.48

1.22

-

-

Weighted average common shares outstanding (in shares)

5,805

5,769

4,652

3,432

3,284

3,269

3,259,424

-

-

Diluted earnings per common share (in Dollars per share)

-

-

-

-

-

-

-

0.41

-1.38

Weighted average common shares outstanding (in Shares)

-

-

-

-

-

-

-

3,241

3,240

Diluted weighted average common shares outstanding (in shares)

5,853

5,804

5,776

5,756

5,524

4,416

3,259,424

-

-

Net income

3,954

2,496

2,519

-

-

-

-

1,919

-3,873

Net unrealized holding gains on securities available for sale during the period

-

-

-

-

-

-

-

1,687

-

Less reclassification adjustment for realized gains included in net income

-

-

-

-

-

-

-

-196

-

Net securities gains during the period

-

-

-

-

-

-

-

1,491

-

Total other comprehensive income

-

-

-

-

-

-

-

1,491

-

Comprehensive income

-

-

-

-

-

-

-

3,410

-

Deposit Account [Member]
Revenue from Contract with Customer

578

544

-

-

-

-

-

-

-

Financial Service, Other [Member]
Revenue from Contract with Customer

1,055

837

-

-

-

-

-

-

-

Mortgage Banking [Member]
Revenue from Contract with Customer

712

959

-

-

-

-

-

-

-