HomeTown Bankshares Corp HMTA Income Statement

Hometown bankshares corp (HMTA)

Income statement / Quarterly

Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
Interest and dividend income:
Loans and fees on loans
5,446	5,344	5,126	4,904	4,849	4,797	4,703	4,624	4,595	4,523	4,337	4,256	4,255	4,173	4,047	3,899	3,916	3,845	3,774	3,695	3,716	3,637	3,575	3,475	3,517	3,471	3,431	3,378	3,430	3,518	3,552	3,513	3,690	3,592
Taxable investment securities
278	262	271	291	287	244	260	240	223	209	201	204	189	170	176	206	230	240	267	263	298	288	359	332	349	371	439	472	478	480	507	429	431	478
Nontaxable investment securities
57	56	57	59	70	75	76	87	93	93	101	101	102	100	100	103	107	106	93	94	85	58	40	23	20	18	9	3	-	-	-	-	-	-
Federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	5	7	8	8	10	9
Dividends on restricted stock
40	38	38	35	34	33	33	32	30	31	36	34	36	36	35	33	35	32	30	32	27	25	23	25	28	25	21	18	16	15	15	17	-	-
Other interest income
50	48	40	50	65	68	50	42	28	34	26	19	13	10	9	9	9	9	12	9	11	12	11	10	15	11	12	11	-	3	4	-	-	-
Total interest and dividend income
5,871	5,748	5,532	5,339	5,305	5,217	5,122	5,025	4,969	4,890	4,701	4,614	4,595	4,489	4,367	4,250	4,297	4,232	4,176	4,093	4,137	4,020	4,008	3,865	3,925	3,896	3,912	3,886	3,938	4,023	4,086	3,967	4,131	4,079
Interest expense:
Deposits
843	761	660	577	588	588	552	554	587	588	537	504	495	490	465	448	438	426	442	440	443	459	467	476	520	558	581	640	783	929	1,034	1,085	1,199	1,252
Subordinated notes
134	134	134	134	135	134	134	134	134	134	134	134	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	38	-	-	-	-	-	-
Other borrowed funds
80	85	86	72	56	58	60	53	45	54	70	97	100	100	102	92	86	94	98	94	96	94	93	94	96	94	97	115	116	122	132	133	139	143
Total interest expense
1,057	980	880	783	779	780	746	741	766	776	741	735	614	590	567	540	524	520	540	534	539	553	560	570	616	652	678	793	899	1,051	1,166	1,218	1,338	1,395
Net interest income
4,814	4,768	4,652	4,556	4,526	4,437	4,376	4,284	4,203	4,114	3,960	3,879	3,981	3,899	3,800	3,710	3,773	3,712	3,636	3,559	3,598	3,467	3,448	3,295	3,309	3,244	3,234	3,093	3,039	2,972	2,920	2,749	2,793	2,684
Provision for loan losses
190	24	110	237	567	40	465	70	103	111	808	60	-	0	0	-	-	0	132	70	0	0	0	125	0	130	1,088	190	359	349	266	248	441	3,334
Net interest income after provision for loan losses
4,624	4,744	4,542	4,319	3,959	4,397	3,911	4,214	4,100	4,003	3,152	3,819	3,981	3,899	3,800	3,710	3,975	3,712	3,504	3,489	3,598	3,467	3,448	3,170	3,309	3,114	2,146	2,903	2,680	2,623	2,654	2,501	2,352	-650
Noninterest income:
Gains on sales of investment securities, net
0	0	0	60	9	18	29	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from life insurance death benefit
0	0	12	630	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	173	178	164	154	161	128	124	110	126	118	117	91	87	77	82	68	77	68	64	74	73	60	63	62	114	127
ATM and interchange income
-	-	-	-	-	-	-	-	179	176	168	147	159	148	146	122	127	113	109	94	82	84	84	77	66	55	63	47	-	50	47	-	-	-
Mortgage banking
-	-	-	-	-	-	-	-	247	251	181	175	164	161	258	120	82	102	17	30	57	62	83	80	106	110	78	74	77	35	11	24	72	30
Rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	31	30
Gains on sales of investment securities, net
-	-	-	-	-	-	-	-	0	43	209	5	0	12	0	40	-	-	108	-	36	8	106	2	-	-	127	-	0	67	125	4	-	-
Other income
173	165	171	142	199	150	375	150	183	187	151	130	228	232	167	143	191	168	155	118	94	87	98	90	170	78	74	67	60	89	50	58	18	18
Total noninterest income
758	764	789	1,387	796	757	1,033	697	782	835	873	611	1,060	681	695	535	546	501	506	333	356	318	453	317	423	311	406	262	259	301	296	182	235	205
Noninterest expense:
Salaries and employee benefits
2,183	2,113	2,133	2,219	1,946	2,099	2,064	1,989	1,886	1,772	1,597	1,726	1,728	1,641	1,619	1,541	1,499	1,510	1,381	1,412	1,170	1,355	1,341	1,376	1,265	1,264	1,138	1,227	1,169	1,116	1,252	1,216	1,214	1,120
Occupancy and equipment expense
423	416	407	430	405	391	439	415	333	439	444	434	432	441	439	445	407	398	364	366	345	331	321	320	317	307	310	325	308	323	323	332	338	309
Data processing expense
346	355	374	423	360	309	318	327	450	237	210	232	224	215	205	212	191	177	177	175	159	152	94	191	176	171	168	167	148	168	146	137	111	114
ATM maintenance expense
28	21	24	17	17	57	61	62	56	60	58	54	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising and marketing expense
115	136	174	181	153	112	142	130	135	127	124	94	84	198	167	242	167	196	132	103	93	99	125	140	95	100	77	120	142	53	61	75	64	140
Professional fees
71	76	165	109	134	89	132	233	142	135	116	101	83	80	111	112	149	245	114	73	110	88	161	136	72	77	105	89	31	95	66	103	102	122
Bank franchise taxes
106	106	106	101	100	100	99	100	91	92	91	92	65	66	65	66	66	65	80	51	51	51	50	51	34	34	33	36	54	48	46	56	-	-
FDIC insurance expense
53	26	74	82	67	78	71	32	59	89	75	83	81	80	84	75	86	85	68	44	115	128	129	142	121	126	122	121	88	99	163	189	129	135
Losses on sales and write-downs of other real estate owned, net
-174	-2	0	-158	-201	0	-380	0	-	0	-91	-	-	-140	0	-	5	0	0	5	-231	0	-349	-2	-420	-111	-32	-3	-	-79	-17	-	-	-
Loss on sales and writedowns of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-18	-	-
Other real estate owned expense
31	44	64	141	41	28	24	13	25	25	25	22	46	35	40	30	51	50	59	64	58	91	49	52	65	72	72	105	70	59	38	73	-	-
Directors’ fees
98	91	98	105	103	97	108	102	104	98	102	107	56	55	59	52	58	56	58	51	55	52	57	53	59	51	61	56	-	-	-	-	-	-
Merger-related expense
-	65	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
408	407	491	391	532	444	474	389	356	412	432	317	482	386	433	334	349	310	364	323	395	290	263	237	258	236	295	258	280	247	248	222	319	285
Total noninterest expense
4,759	3,858	4,110	4,357	4,059	3,804	4,312	3,792	4,041	3,486	3,365	3,262	3,487	3,337	3,222	3,109	3,018	3,092	2,797	2,657	2,782	2,637	2,939	2,700	2,882	2,549	2,413	2,507	2,509	2,287	2,360	2,421	2,277	2,225
Net income before income taxes
623	1,650	1,221	1,349	696	1,350	632	1,119	841	1,352	660	1,168	1,554	1,243	1,273	1,136	1,503	1,121	1,213	1,165	1,172	1,148	962	787	850	876	139	658	430	637	590	262	310	-2,670
Income tax expense
158	308	232	147	297	413	176	342	237	416	434	353	487	381	381	346	501	344	380	362	382	376	320	262	293	292	44	-2,702	-	-	-	0	0	0
Net income
465	1,342	989	1,202	399	937	456	777	604	936	226	815	1,067	862	892	790	1,002	777	833	803	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less net income attributable to non-controlling interest
6	10	16	12	19	20	22	12	13	33	2	14	7	7	29	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to HomeTown Bankshares Corporation
459	1,332	973	1,190	380	917	434	765	591	903	224	801	1,060	855	863	776	1,002	777	833	803	790	772	642	525	557	584	95	3,360	430	637	590	262	310	-2,670
Effective dividends on preferred stock
-	-	-	-	-	-	-	-	0	0	204	204	210	210	210	210	210	210	210	210	207	372	134	133	134	133	134	133	134	134	133	133	134	133
Accretion of discount on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	102	20	20	19	19	18	19	17	18	17	18	16	17
Net income available to common stockholders
-	-	-	-	-	-	-	-	591	903	20	597	850	645	653	566	792	567	623	593	583	298	488	372	404	432	-57	3,208	279	485	440	111	160	-2,820
Basic earnings per common share (in dollars per share)
0.07	0.23	0.17	0.21	0.06	0.16	0.08	0.13	0.12	0.16	0.00	0.17	0.24	0.19	0.19	0.17	0.24	0.17	0.19	0.18	0.18	0.09	0.15	0.11	-	0.13	-0.02	-	-	-	-	-	-	-
Diluted earnings per common share (in dollars per share)
0.08	0.23	0.17	0.20	0.06	0.16	0.08	0.13	0.07	0.16	0.00	0.14	0.18	0.15	0.15	0.14	0.18	0.14	0.15	0.15	0.13	0.09	0.15	0.11	-	-	-	-	-	-	-	-	-	-
Weighted average common shares outstanding (in shares)
5,810	5,810	5,806	5,795	5,776	5,770	5,768	5,763	5,788	5,763	3,557	3,501	3,582	3,428	3,428	3,291	3,287	3,287	3,287	3,276	3,270	3,270	3,270	3,265	-	-	-	-	-	-	-	-	-	-
Diluted earnings per common share (in Dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.13	-0.02	0.99	0.09	0.15	0.14	0.03	0.05	-0.87
Weighted average common shares outstanding (in Shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,262	3,262	3,250	3,241	3,241	3,241	3,241	3,241	3,241
Diluted weighted average common shares outstanding (in shares)
5,858	5,861	5,852	5,840	5,849	5,794	5,789	5,783	5,763	5,774	5,780	5,787	5,979	5,757	5,757	5,531	5,527	5,527	5,527	5,516	5,546	5,510	3,344	3,265	-	3,262	3,262	-	-	-	-	-	-	-
Net income
459	1,332	973	1,190	380	917	434	765	-	903	224	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	430	637	590	262	310	-2,670