Home bancshares, inc (HOMB)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income:
Loans

658,345

630,596

479,189

403,394

344,290

306,345

198,536

159,359

155,954

137,862

118,208

Investment securities
Taxable

41,406

36,833

26,776

21,246

21,695

19,305

12,298

11,226

9,244

7,052

8,319

Tax-exempt

13,015

13,257

11,967

11,417

11,194

10,091

6,009

6,154

6,179

5,763

5,595

Deposits – other banks

5,188

4,649

2,309

471

233

97

254

379

418

408

116

Federal funds sold

34

33

10

9

24

50

29

17

11

37

15

Total interest income

717,988

685,368

520,251

436,537

377,436

335,888

217,126

177,135

171,806

151,122

132,253

Interest expense:
Interest on deposits

114,104

79,589

33,777

15,926

12,971

12,796

9,744

14,989

22,968

24,302

27,442

Federal funds purchased

54

1

1

2

4

3

4

1

-

-

6

FHLB and other borrowed funds

17,209

22,354

14,513

12,484

6,774

4,041

3,841

4,364

4,940

7,574

9,466

Securities sold under agreements to repurchase

2,544

1,822

918

574

621

717

424

407

483

497

477

Subordinated debentures

20,860

20,589

15,137

1,593

1,354

1,313

518

1,774

2,160

2,335

2,552

Total interest expense

154,771

124,355

64,346

30,579

21,724

18,870

14,531

21,535

30,551

34,708

39,943

Net interest income

563,217

561,013

455,905

405,958

355,712

317,018

202,595

155,600

141,255

116,414

92,310

Provision for credit loss - loans

1,325

4,322

44,250

18,608

25,164

22,664

5,180

2,750

3,500

72,850

11,150

Net interest income after provision for credit losses

561,892

556,691

411,655

387,350

330,548

294,354

197,415

152,850

137,755

43,564

81,160

Non-interest income:
Trust fees

1,566

1,552

1,678

1,457

2,381

1,378

335

-

-

-

-

Mortgage lending income

14,303

12,379

13,286

14,399

10,423

7,556

5,988

5,192

2,993

3,111

2,738

Mortgage servicing income

-

-

-

-

-

-

-

-

-

314

726

Insurance commissions

2,278

2,110

1,948

2,296

2,268

4,311

2,420

1,869

1,856

1,180

881

Income from title services

-

-

-

-

-

-

523

462

448

463

575

Increase in cash value of life insurance

2,752

2,856

1,989

1,412

1,199

1,210

836

873

1,128

1,383

1,981

Dividends from FHLB, FRB, FNBB & other

7,707

5,757

3,485

3,091

1,698

1,611

1,028

1,167

680

561

440

Gain on acquisitions

-

-

3,807

-

1,635

-

-

5,205

-

34,484

-

Gain on sale of SBA loans

1,573

566

738

1,088

541

183

135

404

259

18

51

Gain on sale of branches, equipment and other assets, net

-3

-120

-960

700

-214

322

397

324

73

92

-29

Gain on OREO, net

757

2,401

1,025

-554

-317

2,191

1,651

-49

-638

-950

-44

Gain (loss) on securities, net

-2

-

2,132

669

4

-

111

9

2,248

-3,643

1

FDIC indemnification accretion/(amortization), net

-

-

-

-772

-9,391

-25,752

-10,401

1,721

5,517

4,508

-

Other income

8,569

11,889

9,459

8,016

4,833

3,316

3,739

3,295

2,729

2,557

1,931

Total non-interest income

99,516

102,832

99,636

87,051

65,498

44,762

40,365

47,969

41,309

65,049

30,659

Non-interest expense:
Salaries and employee benefits

154,177

143,545

119,369

101,962

87,512

77,025

58,394

47,289

42,825

38,881

33,035

Occupancy and equipment

35,452

33,960

30,055

26,129

25,967

25,031

17,168

14,500

14,197

13,164

10,599

Data processing expense

16,161

14,428

11,998

10,499

10,774

7,229

5,393

4,930

4,601

3,513

3,214

Other operating expenses

69,997

72,070

78,786

53,165

53,302

52,658

52,352

35,649

33,099

29,443

26,035

Total non-interest expense

275,787

264,003

240,208

191,755

177,555

161,943

133,307

102,368

94,722

85,001

72,883

(Loss) income before income taxes

385,621

395,520

271,083

282,646

218,491

177,173

104,473

98,451

84,342

23,612

38,936

Income tax (benefit) expense

96,082

95,117

136,000

105,500

80,292

64,110

37,953

35,429

29,601

6,021

12,130

Net income

289,539

300,403

135,083

177,146

138,199

113,063

66,520

-

52,913

14,911

24,230

Preferred stock dividends and accretion of discount on preferred stock

-

-

-

-

-

-

-

-

1,828

2,680

2,576

Net income

-

-

-

-

-

-

-

63,022

54,741

17,591

26,806

Basic earnings per share

1.73

1.73

0.90

1.26

1.01

0.86

1.15

1.12

0.93

0.53

1.03

Diluted earnings per share

1.73

1.73

0.89

1.26

1.01

0.85

1.14

1.11

0.92

0.52

1.02

Service Charges on Deposit Accounts [Member]
Service charges

25,930

26,851

24,922

25,049

24,252

24,522

17,870

15,069

14,087

13,600

14,551

Other Service Charges and Fees [Member]
Service charges

34,086

36,591

36,127

30,200

26,186

23,914

15,733

12,428

9,929

7,371

6,857