Hawthorn bancshares, inc. (HWBK)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
INTEREST INCOME
Interest and fees on loans

58,414

52,151

46,596

41,854

41,267

40,274

41,110

43,957

47,361

53,089

57,409

Interest on investment securities:
Taxable

3,623

4,114

3,257

3,463

3,554

3,394

3,592

4,100

4,864

4,214

4,495

Nontaxable

536

597

657

521

681

722

844

909

1,029

1,174

1,441

Federal funds sold, other interest-bearing deposits, and certificates of deposit in other banks

1,125

699

267

80

38

28

37

46

59

0

0

Interest on interest-bearing deposits

-

-

-

-

-

-

-

-

-

86

52

Dividends on other investments

272

218

158

92

216

80

82

102

156

176

163

Total interest income

63,970

57,779

50,935

46,010

45,756

44,498

45,665

49,114

53,469

58,739

63,562

INTEREST EXPENSE
Interest on deposits:
Savings, interest checking and money market

5,242

5,433

2,329

1,159

970

968

974

1,146

1,645

-

-

Time deposit accounts $250,000 and over

2,110

1,272

469

-

-

-

-

-

-

-

-

Time deposit accounts $250,000 and over

-

-

-

-

-

1,384

2,498

3,481

5,123

7,211

10,542

Savings, interest checking and money market

-

-

-

-

-

-

-

-

-

2,171

3,017

Time deposits

-

-

-

1,907

1,957

940

1,142

1,345

1,663

2,485

3,862

Time deposits

3,026

2,132

1,755

3,066

-

-

-

-

-

-

-

Total interest expense on deposits

10,378

8,837

4,553

-

-

-

-

-

-

-

-

Interest on federal funds purchased and securities sold under agreements to repurchase

140

603

113

64

56

21

24

21

47

75

88

Interest on Federal Home Loan Bank advances

2,338

1,517

1,590

1,038

723

467

420

531

1,074

2,285

3,016

Interest on subordinated notes

2,376

2,229

1,751

1,495

1,293

1,264

1,284

1,381

1,301

1,526

2,446

Total interest expense on borrowings

4,854

4,349

3,454

2,597

-

-

-

-

-

-

-

Total interest expense

15,232

13,186

8,007

5,663

4,999

5,044

6,342

7,905

10,853

15,753

22,974

Net interest income

48,738

44,593

42,928

40,347

40,757

39,454

39,323

41,209

42,616

42,986

40,588

Provision for loan losses

1,150

1,475

1,765

1,425

250

0

2,030

8,900

11,523

15,255

8,354

Net interest income after provision for loan losses

47,588

43,118

41,163

38,922

40,507

39,454

37,293

32,309

31,093

27,731

32,234

NON-INTEREST INCOME
Service charges and other fees

-

-

-

-

3,477

3,743

4,165

5,439

5,566

5,554

5,864

Bank card income and fees

-

-

-

-

2,455

2,368

2,200

-

-

-

-

Trust department income

-

-

-

-

929

844

796

893

898

803

814

Real estate servicing fees, net

-

-

-

-

573

319

876

-453

55

-

-

Gain on sale of mortgage loans, net

771

721

770

851

1,386

1,093

1,944

2,669

1,649

2,493

2,973

Gain on sale of investment securities

-

-

-

-

8

20

778

26

-

-

-

Gain on sale of investment securities

-

-

-

-

-

-

-

-

-

0

605

Other

218

170

252

240

338

362

107

1,152

1,032

1,631

1,049

Total non-interest income

8,937

9,341

8,950

8,315

9,166

8,749

10,866

9,726

9,200

10,481

10,702

Investment securities (losses) gains, net

-40

255

5

602

-

-

-

-

-

-

-

Gain on branch sale, net

2,183

0

0

-

-

-

-

-

-

-

-

NON-INTEREST EXPENSE
Salaries and employee benefits

21,597

23,104

21,719

20,802

20,792

20,377

19,542

19,165

17,982

17,899

17,457

Occupancy expense, net

3,122

2,957

2,782

2,751

2,792

2,660

2,630

2,598

2,701

2,532

2,335

Furniture and equipment expense

2,847

3,001

2,683

1,783

1,844

1,823

2,007

1,840

2,019

1,997

2,286

Processing, network, and bank card expense

3,882

3,484

3,643

3,309

3,363

3,203

3,668

3,593

3,193

3,353

3,419

Legal, examination, and professional fees

1,211

1,223

1,308

1,301

1,321

1,159

982

1,189

1,332

-

-

FDIC insurance assessment

-

-

-

567

867

933

992

993

1,107

1,651

2,518

Legal, examination, and professional fees

-

-

-

-

-

-

-

-

-

1,441

1,221

Advertising and promotion

1,256

1,233

1,255

1,083

1,111

1,274

1,301

1,083

1,103

1,256

1,272

Postage, printing, and supplies

871

996

925

1,018

1,120

1,117

1,210

1,144

1,158

1,201

1,168

Real estate foreclosure expense (gains), net

-

-

-

-

-223

845

4,924

-

-

-

-

Loan expenses

-

-

-

-

-

303

-

-

-

-

-

Real estate foreclosure expense and (gains), net

-

-

-

-

-

-

-

2,659

2,559

-

-

Other real estate expense, net

-

-

-

-

-

-

-

-

-

9,804

1,188

Other

3,945

4,334

4,487

4,193

3,507

2,813

3,507

4,403

3,691

3,717

3,861

Total non-interest expense

38,731

40,332

38,802

36,807

36,494

36,507

40,763

38,667

36,845

44,851

36,730

Income before income taxes

19,937

12,382

11,316

11,032

13,179

11,696

7,396

3,368

3,448

-

-

Income (loss) before income taxes

-

-

-

-

-

-

-

-

-

-6,639

6,811

Income tax expense

3,823

1,668

7,902

3,750

4,580

4,042

2,422

546

591

-3,087

1,856

Net income

16,114

10,714

3,414

7,282

8,599

7,654

4,974

2,822

2,857

-3,552

4,955

Preferred stock dividends

-

-

-

-

-

-

-

-

1,513

1,513

1,516

Accretion of discount on preferred stock

-

-

-

-

-

-

-

-

476

-

-

Accretion of discount on preferred stock

-

-

-

-

-

-

-

-

-

476

476

Preferred stock dividends and accretion of discount

-

-

-

-

-

-

615

1,784

1,989

-

-

Net income available to common shareholders

-

-

-

-

-

-

4,359

1,038

868

-5,541

2,962

Basic earnings per share (in dollars per share)

2.57

1.71

0.54

1.19

1.46

1.35

0.80

0.20

0.17

-1.15

0.64

Diluted earnings per share (in dollars per share)

2.57

1.71

0.54

1.19

1.46

1.35

0.80

0.20

0.17

-1.15

0.64

Service charges and other fees
Income from fees

3,611

3,736

3,437

3,400

-

-

-

-

-

-

-

Bank card income and fees
Income from fees

3,061

2,754

2,614

2,547

-

-

-

-

-

-

-

Trust department income
Income from fees

1,237

1,166

1,137

952

-

-

-

-

-

-

-

Real estate servicing fees, net
Income from fees

39

794

740

325

-

-

-

-

-

-

-