HOME BANCSHARES, INC HOMB Income Statement

Home bancshares, inc (HOMB)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	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 income:
Loans
652,645	658,345	660,335	659,199	646,379	630,596	614,821	561,756	521,492	479,189	434,876	424,560	412,243	403,394	398,053	383,771	365,716	344,290	326,529	313,775	306,819	306,345	291,672	260,758	229,390	198,536	174,401	168,683	165,012	159,359	156,266	156,180	155,505	155,954	153,517	147,454	0	0	0
Investment securities
Taxable
40,476	41,406	41,572	40,240	38,569	36,833	34,753	32,813	30,268	26,776	24,051	22,563	21,274	21,246	22,043	21,617	21,602	21,695	20,998	20,746	20,378	19,305	18,897	16,637	14,365	12,298	10,246	10,199	10,769	11,226	10,969	10,800	9,944	9,244	8,595	8,101	0	0	0
Tax-exempt
12,750	13,015	13,211	13,445	13,630	13,257	12,826	12,431	12,029	11,967	12,001	11,689	11,546	11,417	11,237	11,306	11,257	11,194	11,158	10,921	10,526	10,091	8,802	7,757	6,845	6,009	5,999	6,033	6,100	6,154	6,172	6,177	6,186	6,179	6,109	6,063	0	0	0
Deposits – other banks
4,761	5,188	5,480	5,685	5,263	4,649	4,144	3,409	2,930	2,309	1,719	1,298	677	471	391	306	244	233	191	179	164	97	124	123	180	254	255	351	392	379	414	383	398	418	423	420	0	0	0
Federal funds sold
44	34	38	36	38	33	25	22	14	10	11	10	7	9	16	18	20	24	30	33	42	50	49	44	38	29	24	25	22	17	10	8	6	11	12	16	0	0	0
Total interest income
710,676	717,988	720,636	718,605	703,879	685,368	666,569	610,431	566,733	520,251	472,658	460,120	445,747	436,537	431,740	417,018	398,839	377,436	358,906	345,654	337,929	335,888	319,544	285,319	250,818	217,126	190,925	185,291	182,295	177,135	173,831	173,548	172,039	171,806	168,656	162,054	0	0	0
Interest expense:
Interest on deposits
110,296	114,104	112,488	104,334	92,789	79,589	67,328	54,451	43,097	33,777	25,229	20,734	17,778	15,926	14,885	13,890	13,347	12,971	12,688	12,886	12,670	12,796	13,042	11,609	10,643	9,744	9,301	10,779	12,814	14,989	17,196	19,546	21,368	22,968	24,203	24,437	0	0	0
Federal funds purchased
0	-	0	-	-	1	0	0	0	-	-	-	-	2	3	4	4	4	5	0	0	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
FHLB and other borrowed funds
13,789	17,209	20,997	24,369	23,892	22,354	19,686	16,039	15,504	14,513	13,908	13,639	13,003	12,484	11,924	10,815	8,794	6,774	5,241	4,246	4,145	4,041	3,848	3,723	3,783	3,841	3,956	4,086	4,208	4,364	4,506	4,716	4,809	4,940	5,622	6,454	0	0	0
Securities sold under agreements to repurchase
2,372	2,544	2,494	2,338	2,080	1,822	1,545	1,305	1,129	918	746	656	594	574	561	565	594	621	662	702	707	717	707	608	526	424	332	352	377	407	427	440	454	483	521	519	0	0	0
Subordinated debentures
20,680	20,860	20,920	20,915	20,844	20,589	20,308	20,075	19,702	15,137	10,632	6,064	1,655	1,593	1,515	1,454	1,402	1,354	1,330	1,320	1,314	1,313	1,241	927	616	518	510	976	1,480	1,774	2,067	2,124	2,146	2,160	2,219	2,280	0	0	0
Total interest expense
147,204	154,771	156,920	151,956	139,605	124,355	108,869	91,872	79,434	64,346	50,515	41,093	33,031	30,579	28,888	26,728	24,141	21,724	19,925	19,159	18,840	18,870	18,841	16,871	15,572	14,531	14,103	16,194	18,880	21,535	24,196	26,826	28,777	30,551	32,565	33,690	0	0	0
Net interest income
563,472	563,217	563,716	566,649	564,274	561,013	557,700	518,559	487,299	455,905	422,143	419,027	412,716	405,958	402,852	390,290	374,698	355,712	338,981	326,495	319,089	317,018	300,703	268,448	235,246	202,595	176,822	169,097	163,415	155,600	149,635	146,722	143,262	141,255	136,091	128,364	0	0	0
Provision for credit loss - loans
0	-	-	0	-	4,322	9,248	44,271	41,936	44,250	41,027	11,540	16,845	18,608	25,795	27,365	27,054	25,164	21,644	18,779	19,513	22,664	18,144	0	0	-	-	0	-	2,750	3,750	3,583	2,250	3,500	4,250	8,000	0	0	0
Provision for credit loss - acquired loans
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for credit loss - investment securities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total credit loss expense
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net interest income after provision for credit losses
475,324	561,892	562,391	565,324	561,552	556,691	548,452	474,288	445,363	411,655	381,116	407,487	395,871	387,350	377,057	362,925	347,644	330,548	317,337	307,716	299,576	294,354	279,079	251,065	223,128	197,415	174,722	166,830	160,665	152,850	145,885	143,139	141,012	137,755	131,841	120,364	0	0	0
Non-interest income:
Trust fees
1,601	1,566	1,466	1,521	1,509	1,552	1,810	1,738	1,668	1,678	1,459	1,459	1,509	1,457	1,493	1,526	2,353	2,381	2,329	2,237	1,374	1,378	1,349	1,058	752	335	0	0	0	-	-	-	-	-	-	-	-	-	-
Mortgage lending income
14,489	14,303	13,056	12,137	12,157	12,379	13,398	12,879	13,152	13,286	13,836	14,596	14,327	14,399	12,680	11,880	11,354	10,423	10,360	9,129	7,975	7,556	6,685	6,311	6,129	5,988	5,979	6,002	5,660	5,192	4,635	3,868	3,252	2,993	2,849	2,716	0	0	0
Mortgage servicing income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Insurance commissions
2,347	2,278	2,169	2,029	2,040	2,110	2,134	2,143	2,082	1,948	1,970	2,032	2,184	2,296	2,321	2,335	2,358	2,268	2,732	3,168	3,462	4,311	4,112	3,647	3,157	2,420	2,010	2,003	1,997	1,869	1,852	1,768	1,800	1,856	1,753	1,634	0	0	0
Income from title services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	284	381	464	523	534	490	483	462	450	464	445	448	425	447	0	0	0
Increase in cash value of life insurance
2,576	2,752	2,927	2,948	2,938	2,856	2,857	2,600	2,333	1,989	1,571	1,437	1,327	1,412	1,420	1,344	1,286	1,199	1,190	1,244	1,230	1,210	1,126	1,007	944	836	803	800	796	873	950	1,073	1,146	1,128	1,179	1,204	0	0	0
Dividends from FHLB, FRB, FNBB & other
12,044	7,707	7,747	7,934	8,385	5,757	4,795	4,341	3,213	3,485	3,399	3,373	3,620	3,091	2,578	2,203	1,903	1,698	1,672	1,628	1,710	1,611	1,479	1,269	1,169	1,028	1,390	1,393	1,167	1,167	706	708	714	680	657	615	0	0	0
Gain on acquisitions
-	-	-	-	-	-	-	-	-	3,807	0	0	0	-	-	-	-	1,635	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of SBA loans
1,673	1,573	962	718	625	566	491	607	732	738	0	0	0	-	0	0	-	-	0	-	-	-	0	-	79	135	341	460	0	-	0	0	-	259	277	0	0	-	0
Gain on sale of branches, equipment and other assets, net
0	-3	-63	-177	-48	-120	-93	-1,328	-897	-960	-963	288	697	700	724	544	-275	-214	-334	-103	321	322	104	442	391	397	707	763	0	-	0	0	-	73	81	87	0	0	0
Gain on OREO, net
828	757	712	1,214	2,202	2,401	2,463	1,962	1,309	1,025	1,008	805	-529	-554	-1,220	-1,392	-714	-317	454	1,023	2,145	2,191	2,274	2,522	2,104	1,651	1,425	426	144	-49	224	515	-651	-638	-2,095	-2,568	0	0	0
Fair value adjustment for marketable securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (loss) on securities, net
-	-	-	-	-	-	-	-	-	2,132	1,583	1,447	1,082	669	25	25	10	4	0	0	0	-	-	-	-	111	110	110	-10	9	15	0	0	-	0	-	-	0	0
FDIC indemnification accretion/(amortization), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-772	-2,011	-4,005	-5,797	-9,391	-15,591	-20,544	-24,964	-25,752	-21,262	-17,492	-13,153	-10,401	-7,223	-3,673	-941	1,721	2,395	3,336	4,350	5,517	6,509	5,858	0	0	0
Other income
9,294	8,569	8,814	9,733	10,715	11,889	12,019	11,541	11,290	9,459	8,727	8,376	8,092	8,016	7,155	6,586	5,430	4,833	4,444	4,311	3,719	3,316	3,267	3,373	3,320	3,739	3,654	3,425	3,458	3,295	3,161	2,991	2,862	2,729	2,679	2,782	0	0	0
Total non-interest income
98,771	99,516	94,994	96,092	100,699	102,832	106,617	102,227	98,971	99,636	96,172	96,729	94,084	87,051	80,479	75,010	70,265	65,498	58,453	52,739	47,251	44,762	46,768	45,255	43,521	40,365	44,335	45,643	46,891	47,969	43,964	43,298	41,372	41,309	37,434	35,694	0	0	0
Non-interest expense:
Salaries and employee benefits
155,670	154,177	151,961	149,867	146,367	143,545	142,719	133,404	126,962	119,369	110,909	108,022	105,425	101,962	98,859	95,461	92,080	87,512	83,582	80,725	77,482	77,025	76,618	70,231	64,375	58,394	51,238	49,909	48,855	47,289	45,317	44,356	43,133	42,825	42,086	40,475	0	0	0
Occupancy and equipment
35,502	35,452	35,033	34,134	33,800	33,960	34,103	33,842	32,357	30,055	27,883	26,664	26,139	26,129	26,548	26,420	26,589	25,967	25,587	25,281	24,854	25,031	24,381	22,157	19,800	17,168	15,210	15,005	14,663	14,500	14,062	13,819	13,915	14,197	14,187	13,598	0	0	0
Data processing expense
16,517	16,161	15,509	14,911	14,412	14,428	14,345	13,737	13,261	11,998	10,717	10,655	10,558	10,499	10,894	10,722	11,019	10,774	9,943	9,125	7,855	7,229	6,925	6,238	5,676	5,393	5,186	5,209	5,349	4,930	4,593	4,641	4,407	4,601	4,455	4,224	0	0	0
Other operating expenses
77,290	69,997	73,214	75,164	75,101	72,070	64,782	79,689	75,867	78,786	74,975	59,323	59,126	53,165	56,959	54,224	52,802	53,302	50,593	52,798	53,108	52,658	67,744	60,940	56,950	52,352	36,376	35,153	34,978	35,649	32,088	32,999	33,792	33,099	32,019	29,704	0	0	0
Total non-interest expense
284,979	275,787	275,717	274,076	269,680	264,003	255,949	260,672	248,447	240,208	224,484	204,664	201,248	191,755	193,260	186,827	182,490	177,555	169,705	167,929	163,299	161,943	175,668	159,566	146,801	133,307	108,010	105,276	103,845	102,368	96,060	95,815	95,247	94,722	92,747	88,001	0	0	0
(Loss) income before income taxes
289,116	385,621	381,668	387,340	392,571	395,520	399,120	315,843	295,887	271,083	252,804	299,552	288,707	282,646	264,276	251,108	235,419	218,491	206,085	192,526	183,528	177,173	150,179	136,754	119,848	104,473	111,047	107,197	103,711	98,451	93,789	90,622	87,137	84,342	76,528	68,057	0	0	0
Income tax (benefit) expense
70,420	96,082	94,361	92,512	93,882	95,117	146,438	128,624	134,596	136,000	92,440	110,389	106,132	105,500	98,287	92,998	86,912	80,292	75,393	70,204	66,683	64,110	54,092	49,675	43,539	37,953	40,538	38,956	37,639	35,429	33,539	32,155	30,614	29,601	26,394	23,278	0	0	0
Net income
218,696	289,539	287,307	294,828	298,689	300,403	252,682	187,219	161,291	135,083	160,364	189,163	182,575	177,146	165,989	158,110	148,507	138,199	128,137	120,825	0	-	0	0	-	-	-	-	-	-	-	-	-	52,913	47,636	42,099	0	0	0
Preferred stock dividends and accretion of discount on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,828	2,498	2,680	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	70,509	68,241	66,072	63,022	60,250	58,467	56,523	54,741	50,134	44,779	0	0	0
Basic earnings per share
0.00	0.44	0.44	0.43	0.42	0.41	0.46	0.44	0.42	0.12	0.10	0.35	0.33	0.34	0.31	0.31	0.30	0.04	0.26	0.25	0.46	-0.41	0.41	0.44	0.42	0.19	0.33	0.32	0.31	0.04	0.29	0.28	0.51	-0.43	0.48	0.46	0.42	0.32	0.29
Diluted earnings per share
0.00	0.44	0.44	0.43	0.42	0.41	0.46	0.44	0.42	0.11	0.10	0.35	0.33	0.35	0.31	0.31	0.29	0.04	0.26	0.25	0.46	-0.41	0.41	0.43	0.42	0.19	0.33	0.31	0.31	0.05	0.28	0.27	0.51	-0.43	0.48	0.45	0.42	0.31	0.29
Service Charges on Deposit Accounts [Member]
Service charges
26,160	25,930	26,156	26,656	27,177	26,851	26,413	25,829	25,015	24,922	24,798	24,917	25,102	25,049	25,135	24,858	24,763	24,252	23,867	23,892	24,029	24,522	24,380	22,177	20,072	17,870	15,931	15,693	15,273	15,069	14,666	14,470	14,441	14,087	13,979	13,924	0	0	0
Other Service Charges and Fees [Member]
Service charges
33,579	34,086	31,048	31,379	32,999	36,591	39,137	38,586	37,365	36,127	33,594	32,608	32,000	30,200	29,416	28,556	27,087	26,186	25,632	24,965	24,444	23,914	22,787	20,481	17,982	15,733	13,649	13,097	12,841	12,428	11,920	11,290	10,669	9,929	9,191	8,601	0	0	0