HarborOne Bancorp, Inc. HONE Income Statement

Harborone bancorp, inc. (HONE)

Income statement / TTM

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
Interest and dividend income:
Interest and fees on loan
128,865	117,293	105,432	92,834	88,709	84,483	81,114	77,857	74,011	70,664	67,172	64,540	62,949	61,264	59,988	0	0	0
Interest on loans held for sale
2,173	2,152	2,205	2,334	2,505	2,604	2,739	2,750	2,820	2,781	2,695	2,522	2,396	1,858	1,425	0	0	0
Interest on taxable securities
6,360	6,008	5,624	5,214	4,920	4,685	4,404	4,014	3,664	3,349	3,223	3,404	3,639	3,883	3,906	0	0	0
Interest on non-taxable securities
754	823	856	867	866	866	867	870	874	880	889	885	892	896	896	0	0	0
Other interest and dividend income
1,951	1,800	1,591	1,345	1,159	1,182	1,160	1,033	903	792	777	796	799	707	585	0	0	0
Total interest and dividend income
140,103	128,076	115,708	102,594	98,159	93,820	90,284	86,524	82,272	78,466	74,756	72,147	70,675	68,608	66,800	0	0	0
Interest expense:
Interest on deposits
30,195	25,283	20,563	16,533	13,936	12,053	10,962	10,094	9,374	8,972	8,710	8,628	8,756	8,732	8,700	0	0	0
Interest on FHLB borrowings
7,484	6,711	5,474	4,407	0	0	-	0	-	-	-	-	-	-	-	-	-	-
Interest on subordinated debentures
0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on borrowed funds
-	-	-	-	-	-	-	-	4,794	4,953	-	5,190	5,605	5,782	5,875	0	0	0
Total interest expense
39,449	33,240	26,778	21,022	18,439	16,780	15,936	15,053	14,168	13,925	13,761	13,818	14,361	14,514	14,575	0	0	0
Net interest and dividend income
100,654	94,836	88,930	81,572	79,720	77,040	74,348	71,471	68,104	64,541	60,995	58,329	56,314	54,094	52,225	0	0	0
Provision for loan losses
4,741	3,877	3,828	3,086	3,375	2,959	2,416	3,112	3,901	4,232	4,172	2,731	1,346	1,212	1,257	0	0	0
Net interest and dividend income, after provision for loan losses
95,913	90,959	85,102	78,486	76,345	74,081	71,932	68,359	64,203	60,309	56,823	55,598	54,968	52,882	50,968	0	0	0
Noninterest income:
Mortgage banking income:
Changes in mortgage servicing rights fair value
6,504	4,569	1,396	-264	-154	592	2,056	-988	-1,827	-716	1,130	3,564	4,592	2,594	480	0	0	0
Other
34,528	32,397	32,005	33,409	35,231	37,666	39,251	42,520	47,962	50,599	52,129	48,507	42,658	29,509	20,710	0	0	0
Total mortgage banking income
28,024	27,828	30,609	33,673	35,385	37,074	37,195	43,508	49,789	51,315	50,999	44,943	38,066	26,915	20,230	0	0	0
Deposit account fees
15,143	14,311	13,500	12,716	12,586	12,433	12,311	12,067	11,905	11,762	11,664	11,619	11,495	11,387	11,194	0	0	0
Income on retirement plan annuities
397	416	433	450	464	458	455	448	445	440	436	433	428	493	595	0	0	0
Gain on sale and call of securities, net
0	-	-	-	-	-	-	-	-	-	283	283	284	243	295	0	0	0
Gain on sale of consumer loans
-	-	-	-	-	-	78	78	78	107	79	215	0	0	-	0	-	-
Bank-owned life insurance income
1,752	1,742	1,728	971	988	1,006	1,024	1,041	1,056	1,069	1,088	1,089	1,109	1,137	1,156	0	0	0
Other income
4,264	3,389	2,923	3,890	3,264	3,458	3,471	2,522	2,633	2,761	2,554	2,343	2,276	1,812	1,767	0	0	0
Total noninterest income
50,852	47,691	49,198	51,700	52,687	54,429	54,534	59,664	65,906	67,495	67,103	60,789	53,873	42,173	35,373	0	0	0
Noninterest expense:
Compensation and benefits
76,701	73,461	70,568	68,161	68,677	67,651	66,223	66,904	68,391	68,479	69,073	65,726	61,789	53,432	45,403	0	0	0
Occupancy and equipment
15,835	14,385	13,212	12,310	12,237	12,002	11,715	11,193	10,697	10,434	10,230	10,020	9,842	9,311	9,246	0	0	0
Data processing
7,912	7,282	6,789	6,384	6,229	6,188	6,157	6,154	6,057	5,975	5,867	5,672	5,550	5,446	5,392	0	0	0
Loan expenses
5,335	5,391	5,382	5,907	6,288	6,780	6,881	7,839	9,271	9,517	9,746	8,581	7,086	5,338	3,949	0	0	0
Marketing
3,385	3,292	3,333	3,658	4,155	4,112	3,595	3,494	2,950	2,516	2,599	2,339	2,291	2,125	1,924	0	0	0
Deposit expenses
1,447	1,340	1,320	1,295	1,298	1,338	1,349	1,621	1,635	1,638	1,656	1,427	1,439	1,406	1,367	0	0	0
Postage and printing
1,684	1,616	1,494	1,435	1,471	1,412	1,388	1,342	1,275	1,281	1,284	1,290	1,305	1,273	1,205	0	0	0
Professional fees
4,279	3,810	3,832	3,692	4,106	4,271	4,233	3,958	3,541	3,063	2,710	2,541	2,465	2,331	2,181	0	0	0
Prepayment penalties on Federal Home Loan Bank advances
-	-	-	-	-	-	-	-	-	-	-	-	0	-	980	0	0	0
Foreclosed and repossessed assets
-89	-39	95	65	118	98	62	125	148	250	167	275	86	110	224	0	0	0
Deposit insurance
2,367	2,269	2,097	1,937	1,794	1,749	1,717	1,513	1,553	1,525	1,466	1,688	1,689	1,695	1,716	0	0	0
Charitable foundation contributions
-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-
Merger expenses
-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
8,711	7,673	6,879	7,339	6,865	6,521	6,094	4,941	4,737	4,648	4,680	4,717	4,876	4,605	4,427	0	0	0
Total noninterest expense
131,649	125,086	120,093	113,193	114,248	112,608	109,414	109,084	110,255	114,546	114,698	109,776	104,273	87,707	78,014	0	0	0
Income before income taxes
15,116	13,564	14,207	16,993	14,784	15,902	17,052	18,939	19,854	13,258	9,228	6,611	4,568	7,348	8,327	0	0	0
Income tax provision
2,229	2,355	2,813	4,117	4,998	6,006	6,673	7,217	7,418	4,716	3,297	2,073	1,338	2,377	2,559	0	0	0
Net income
12,887	11,209	11,394	12,876	9,786	9,896	10,379	11,722	12,436	8,542	5,931	4,538	3,230	4,971	5,768	0	0	0
Earnings per common share:
Basic earnings per share (in dollars per share)
0.15	0.07	0.00	0.19	0.10	0.07	0.05	0.09	0.10	0.09	-	0.11	-	-	-	-	-	-
Diluted earnings per share (in dollars per share)
0.15	0.07	0.00	0.19	0.10	0.07	0.05	0.09	0.10	0.09	-	0.11	-	-	-	-	-	-
Weighted average shares outstanding:
Weighted average shares outstanding basic
31,582	31,561	31,573	31,575	31,578	31,569	31,598	31,303	31,013	30,998	-	30,943	-	-	-	-	-	-
Weighted average shares outstanding diluted
31,582	31,561	31,572	31,575	31,578	31,569	31,598	31,303	31,013	30,998	-	30,943	-	-	-	-	-	-