HomeTown Bankshares Corp HMTA Income Statement

Hometown bankshares corp (HMTA)

Income statement / TTM

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
20,820	20,223	19,676	19,253	18,973	18,719	18,445	18,079	17,711	17,371	17,021	16,731	16,374	16,035	15,707	15,434	15,230	15,030	14,822	14,623	14,403	14,204	14,038	13,894	13,797	13,710	13,757	13,878	14,013	14,273	14,347	0	0	0
Taxable investment securities
1,102	1,111	1,093	1,082	1,031	967	932	873	837	803	764	739	741	782	852	943	1,000	1,068	1,116	1,208	1,277	1,328	1,411	1,491	1,631	1,760	1,869	1,937	1,894	1,847	1,845	0	0	0
Nontaxable investment securities
229	242	261	280	308	331	349	374	388	397	404	403	405	410	416	409	400	378	330	277	206	141	101	70	50	0	0	0	-	-	-	-	-	-
Federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	28	33	35	0	0	0
Dividends on restricted stock
151	145	140	135	132	128	126	129	131	137	142	141	140	139	135	130	129	121	114	107	100	101	101	99	92	80	70	64	63	0	0	0	-	-
Other interest income
188	203	223	233	225	188	154	130	107	92	68	51	41	37	36	39	39	41	44	43	44	48	47	48	49	37	30	0	-	0	0	-	-	-
Total interest and dividend income
22,490	21,924	21,393	20,983	20,669	20,333	20,006	19,585	19,174	18,800	18,399	18,065	17,701	17,403	17,146	16,955	16,798	16,638	16,426	16,258	16,030	15,818	15,694	15,598	15,619	15,632	15,759	15,933	16,014	16,207	16,263	0	0	0
Interest expense:
Deposits
2,841	2,586	2,413	2,305	2,282	2,281	2,281	2,266	2,216	2,124	2,026	1,954	1,898	1,841	1,777	1,754	1,746	1,751	1,784	1,809	1,845	1,922	2,021	2,135	2,299	2,562	2,933	3,386	3,831	4,247	4,570	0	0	0
Subordinated notes
536	537	537	537	537	536	536	536	536	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38	0	0	0	-	-	-	-	-	-
Other borrowed funds
323	299	272	246	227	216	212	222	266	321	367	399	394	380	374	370	372	382	382	377	377	377	377	381	402	422	450	485	503	526	547	0	0	0
Total interest expense
3,700	3,422	3,222	3,088	3,046	3,033	3,029	3,024	3,018	2,866	2,680	2,506	2,311	2,221	2,151	2,124	2,118	2,133	2,166	2,186	2,222	2,299	2,398	2,516	2,739	3,022	3,421	3,909	4,334	4,773	5,117	0	0	0
Net interest income
18,790	18,502	18,171	17,895	17,623	17,300	16,977	16,561	16,156	15,934	15,719	15,559	15,390	15,182	14,995	14,831	14,680	14,505	14,260	14,072	13,808	13,519	13,296	13,082	12,880	12,610	12,338	12,024	11,680	11,434	11,146	0	0	0
Provision for loan losses
561	938	954	1,309	1,142	678	749	1,092	1,082	0	0	0	-	0	0	-	-	202	202	70	125	125	255	1,343	1,408	1,767	1,986	1,164	1,222	1,304	4,289	0	0	0
Net interest income after provision for loan losses
18,229	17,564	17,217	16,586	16,481	16,622	16,228	15,469	15,074	14,955	14,851	15,499	15,390	15,384	15,197	14,901	14,680	14,303	14,058	14,002	13,683	13,394	13,041	11,739	11,472	10,843	10,352	10,860	10,458	10,130	6,857	0	0	0
Noninterest income:
Gains on sales of investment securities, net
60	69	87	116	69	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from life insurance death benefit
642	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	669	657	607	567	523	488	478	471	452	413	372	337	314	304	295	277	283	279	271	270	258	299	366	0	0	0
ATM and interchange income
-	-	-	-	-	-	-	-	670	650	622	600	575	543	508	471	443	398	369	344	327	311	282	261	231	215	207	0	-	0	0	-	-	-
Mortgage banking
-	-	-	-	-	-	-	-	854	771	681	758	703	621	562	321	231	206	166	232	282	331	379	374	368	339	264	197	147	142	137	0	0	0
Rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Gains on sales of investment securities, net
-	-	-	-	-	-	-	-	257	257	226	17	52	160	0	0	-	-	0	-	152	243	0	0	-	-	0	-	196	0	0	0	-	-
Other income
651	677	662	866	874	858	895	671	651	696	741	757	770	733	669	657	632	535	454	397	369	445	436	412	389	279	290	266	257	215	144	0	0	0
Total noninterest income
3,698	3,736	3,729	3,973	3,283	3,269	3,347	3,187	3,101	3,379	3,225	3,047	2,971	2,457	2,277	2,088	1,886	1,696	1,513	1,460	1,444	1,511	1,504	1,457	1,402	1,238	1,228	1,118	1,038	1,014	918	0	0	0
Noninterest expense:
Salaries and employee benefits
8,648	8,411	8,397	8,328	8,098	8,038	7,711	7,244	6,981	6,823	6,692	6,714	6,529	6,300	6,169	5,931	5,802	5,473	5,318	5,278	5,242	5,337	5,246	5,043	4,894	4,798	4,650	4,764	4,753	4,798	4,802	0	0	0
Occupancy and equipment expense
1,676	1,658	1,633	1,665	1,650	1,578	1,626	1,631	1,650	1,749	1,751	1,746	1,757	1,732	1,689	1,614	1,535	1,473	1,406	1,363	1,317	1,289	1,265	1,254	1,259	1,250	1,266	1,279	1,286	1,316	1,302	0	0	0
Data processing expense
1,498	1,512	1,466	1,410	1,314	1,404	1,332	1,224	1,129	903	881	876	856	823	785	757	720	688	663	580	596	613	632	706	682	654	651	629	599	562	508	0	0	0
ATM maintenance expense
90	79	115	152	197	236	239	236	228	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising and marketing expense
606	644	620	588	537	519	534	516	480	429	500	543	691	774	772	737	598	524	427	420	457	459	460	412	392	439	392	376	331	253	340	0	0	0
Professional fees
421	484	497	464	588	596	642	626	494	435	380	375	386	452	617	620	581	542	385	432	495	457	446	390	343	302	320	281	295	366	393	0	0	0
Bank franchise taxes
419	413	407	400	399	390	382	374	366	340	314	288	262	263	262	277	262	247	233	203	203	186	169	152	137	157	171	184	204	0	0	0	-	-
FDIC insurance expense
235	249	301	298	248	240	251	255	306	328	319	328	320	325	330	314	283	312	355	416	514	520	518	511	490	457	430	471	539	580	616	0	0	0
Losses on sales and write-downs of other real estate owned, net
-334	-361	-359	-739	-581	0	0	0	-	0	0	-	-	0	0	-	10	-226	-226	-575	-582	-771	-882	-565	-566	-225	-131	0	-	0	0	-	-	-
Loss on sales and writedowns of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Other real estate owned expense
280	290	274	234	106	90	87	88	97	118	128	143	151	156	171	190	224	231	272	262	250	257	238	261	314	319	306	272	240	0	0	0	-	-
Directors’ fees
392	397	403	413	410	411	412	406	411	363	320	277	222	224	225	224	223	220	216	215	217	221	220	224	227	0	0	0	-	-	-	-	-	-
Merger-related expense
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expense
1,697	1,821	1,858	1,841	1,839	1,663	1,631	1,589	1,517	1,643	1,617	1,618	1,635	1,502	1,426	1,357	1,346	1,392	1,372	1,271	1,185	1,048	994	1,026	1,047	1,069	1,080	1,033	997	1,036	1,074	0	0	0
Total noninterest expense
17,084	16,384	16,330	16,532	15,967	15,949	15,631	14,684	14,154	13,600	13,451	13,308	13,155	12,686	12,441	12,016	11,564	11,328	10,873	11,015	11,058	11,158	11,070	10,544	10,351	9,978	9,716	9,663	9,577	9,345	9,283	0	0	0
Net income before income taxes
4,843	4,916	4,616	4,027	3,797	3,942	3,944	3,972	4,021	4,734	4,625	5,238	5,206	5,155	5,033	4,973	5,002	4,671	4,698	4,447	4,069	3,747	3,475	2,652	2,523	2,103	1,864	2,315	1,919	1,799	-1,508	0	0	0
Income tax expense
845	984	1,089	1,033	1,228	1,168	1,171	1,429	1,440	1,690	1,655	1,602	1,595	1,609	1,572	1,571	1,587	1,468	1,500	1,440	1,340	1,251	1,167	891	-2,073	0	0	0	-	-	-	0	0	0
Net income
3,998	3,932	3,527	2,994	2,569	2,774	2,773	2,543	2,581	3,044	2,970	3,636	3,611	3,546	3,461	3,402	3,415	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less net income attributable to non-controlling interest
44	57	67	73	73	67	80	60	62	56	30	57	57	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to HomeTown Bankshares Corporation
3,954	3,875	3,460	2,921	2,496	2,707	2,693	2,483	2,519	2,988	2,940	3,579	3,554	3,496	3,418	3,388	3,415	3,203	3,198	3,007	2,729	2,496	2,308	1,761	4,596	4,469	4,522	5,017	1,919	1,799	-1,508	0	0	0
Effective dividends on preferred stock
-	-	-	-	-	-	-	-	408	618	828	834	840	840	840	840	840	837	999	923	846	773	534	534	534	534	535	534	534	534	533	0	0	0
Accretion of discount on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	142	161	78	76	75	73	72	71	70	69	68	0	0	0
Net income available to common stockholders
-	-	-	-	-	-	-	-	2,111	2,370	2,112	2,745	2,714	2,656	2,578	2,548	2,575	2,366	2,097	1,962	1,741	1,562	1,696	1,151	3,987	3,862	3,915	4,412	1,315	1,196	-2,109	0	0	0
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
3,954	3,875	3,460	2,921	2,496	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,919	1,799	-1,508	0	0	0