HAWTHORN BANCSHARES, INC. HWBK Income Statement

Hawthorn bancshares, inc. (HWBK)

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
Interest and fees on loans
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and fees on loans held for sale
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest and fees on loans
-	-	57,485	55,931	-	52,151	50,347	48,951	47,769	46,596	45,502	44,280	42,917	41,854	41,305	41,384	41,180	41,267	41,106	40,539	40,483	40,274	40,161	40,201	40,588	41,110	41,898	42,593	43,102	43,957	44,497	45,468	46,515	47,361	49,165	50,947	0	0	0
Interest on investment securities:
Taxable
3,436	3,623	3,888	4,146	4,167	4,114	4,063	3,759	3,450	3,257	3,216	3,185	3,279	3,463	3,413	3,531	3,590	3,554	3,458	3,431	3,415	3,394	3,504	3,532	3,568	3,592	3,570	3,713	3,888	4,100	4,347	4,568	4,826	4,864	4,789	4,670	0	0	0
Nontaxable
537	536	554	581	580	597	614	637	658	657	634	584	535	521	538	588	641	681	703	714	716	722	745	777	816	844	864	877	891	909	936	961	988	1,029	1,053	1,097	0	0	0
Federal funds sold, other interest-bearing deposits, and certificates of deposit in other banks
849	1,125	1,097	1,199	1,195	699	624	503	325	267	155	90	96	80	82	66	57	38	30	32	33	28	24	25	31	37	38	38	39	46	101	95	79	59	0	0	0	0	0
Interest on interest-bearing deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	82	0	0	0
Dividends on other investments
306	272	196	189	174	218	154	137	178	158	87	125	106	92	309	301	266	216	158	106	86	80	80	81	80	82	85	87	93	102	113	127	143	156	154	152	0	0	0
Total interest income
63,863	63,970	63,220	62,046	60,150	57,779	55,802	53,987	52,380	50,935	49,594	48,264	46,933	46,010	45,647	45,870	45,734	45,756	45,455	44,822	44,733	44,498	44,514	44,616	45,083	45,665	46,455	47,308	48,013	49,114	49,955	51,188	52,532	53,469	55,231	56,950	0	0	0
INTEREST EXPENSE
Interest on deposits:
Savings, interest checking and money market
4,473	5,242	5,751	6,172	6,065	5,433	4,682	3,896	3,024	2,329	1,832	1,441	1,253	1,159	1,105	1,055	1,015	970	956	944	951	968	972	981	980	974	1,017	1,107	0	-	0	0	-	-	-	-	-	-	-
Time deposit accounts $250,000 and over
1,858	2,110	2,152	1,973	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Time deposit accounts $250,000 and over
-	-	-	-	-	-	-	-	0	-	0	0	-	-	1,274	1,152	1,037	-	1,147	1,209	1,298	1,384	1,348	1,494	1,994	2,498	2,930	3,432	3,580	3,481	3,908	4,173	4,484	5,123	5,741	6,347	0	0	0
Savings, interest checking and money market
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,829	1,997	0	0	0
Time deposits
-	-	-	-	-	-	-	-	0	-	-	-	2,169	1,907	1,705	1,820	1,957	1,957	869	884	906	940	1,103	1,148	1,137	1,142	1,273	1,288	1,364	1,345	1,200	1,305	1,428	1,663	1,892	2,141	0	0	0
Time deposits
0	-	-	-	0	-	-	-	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Time deposits
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total interest expense on deposits
9,403	10,378	10,625	10,481	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on federal funds purchased and securities sold under agreements to repurchase
144	140	188	320	465	603	561	424	262	113	91	75	63	64	78	77	71	56	37	30	25	21	20	22	23	24	21	21	21	21	25	31	38	47	58	64	0	0	0
Interest on Federal Home Loan Bank advances
2,428	2,338	2,175	1,870	1,664	1,517	1,450	1,576	1,663	1,590	1,487	1,329	1,153	1,038	942	862	783	723	652	570	510	467	434	420	425	420	443	472	496	531	538	615	808	1,074	1,464	0	0	0	-
Interest on subordinated notes
2,253	2,376	2,414	2,410	2,362	2,229	2,098	1,964	1,834	1,751	1,689	1,614	1,549	1,495	1,430	1,380	1,334	1,293	1,277	1,270	1,265	1,264	1,266	1,271	1,276	1,284	1,299	1,322	1,347	1,381	1,381	1,357	1,335	1,301	1,318	1,319	0	0	0
Total interest expense on borrowings
4,825	4,854	4,777	4,600	4,491	4,349	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest on other borrowed money
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Total interest expense
14,228	15,232	15,569	15,448	14,682	13,186	11,845	10,585	9,185	8,007	7,153	6,429	5,947	5,663	5,444	5,256	5,107	4,999	4,938	4,907	4,955	5,044	5,143	5,336	5,835	6,342	6,946	7,542	7,890	7,905	8,297	8,848	9,581	10,853	12,305	13,714	0	0	0
Net interest income
49,635	48,738	47,651	46,598	45,468	44,593	43,957	43,402	43,195	42,928	42,441	41,835	40,986	40,347	40,203	40,614	40,627	40,757	40,517	39,915	39,778	39,454	39,371	39,280	39,248	39,323	39,509	39,766	40,123	41,209	41,657	42,339	42,950	42,616	42,925	43,235	0	0	0
Provision for loan losses
4,300	1,150	1,325	1,125	1,325	1,475	1,530	1,835	1,715	1,765	1,685	1,430	1,525	1,425	975	675	500	250	250	250	0	0	30	30	1,030	2,030	3,000	7,700	8,200	8,900	13,779	11,089	11,472	11,523	8,093	8,233	0	0	0
Net interest income after provision for loan losses
45,335	47,588	46,326	45,473	44,143	43,118	42,427	41,567	41,480	41,163	40,756	40,405	39,461	38,922	39,228	39,939	40,127	40,507	40,267	39,665	39,778	39,454	39,341	39,250	38,218	37,293	36,509	32,066	31,923	32,309	27,878	31,250	31,477	31,093	34,832	35,002	0	0	0
NON-INTEREST INCOME
Service charges and other fees
-	-	-	-	-	-	-	-	-	-	-	-	3,402	-	3,423	3,444	3,480	3,477	3,138	3,214	3,289	3,743	3,155	3,639	4,091	4,165	5,584	5,481	5,550	5,439	5,458	5,544	5,503	5,566	5,602	5,584	0	0	0
Bank card income and fees
-	-	-	-	-	-	-	-	-	-	-	-	2,527	-	2,482	2,521	2,502	2,455	2,469	2,453	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust department income
-	-	-	-	-	-	-	-	-	-	-	-	1,008	-	915	934	943	929	915	891	845	844	840	808	789	796	821	876	891	893	935	910	914	898	819	811	0	0	0
Real estate servicing fees, net
-	-	-	-	-	-	-	-	-	-	-	-	724	-	179	360	632	573	392	301	137	319	401	653	894	876	656	256	-15	-453	0	0	0	-	-	-	-	-	-
Gain on sale of mortgage loans, net
1,085	771	627	617	680	721	765	785	761	770	796	837	841	851	937	993	1,205	1,386	1,417	1,425	1,248	1,093	1,207	1,052	1,415	1,944	2,412	3,016	2,871	2,669	2,527	2,179	1,920	1,649	1,904	1,770	0	0	0
Gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	601	490	480	8	0	0	0	-	-	-	-	778	580	0	0	-	0	-	-	-	-	-	-	-	-
Gain on sale of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-	-	-	-
Other
211	218	215	210	186	170	166	172	213	252	252	257	244	240	367	373	385	338	83	102	157	362	-359	-153	71	107	1,148	1,199	1,146	1,152	1,052	980	1,002	1,032	1,170	1,424	0	0	0
Total non-interest income
9,094	8,937	9,008	8,948	9,217	9,341	9,232	9,049	8,758	8,950	8,480	8,424	8,274	8,315	8,904	9,115	9,627	9,166	8,952	8,929	8,651	8,749	8,905	9,039	9,944	10,866	11,175	11,408	10,763	9,726	9,705	9,382	9,117	9,200	9,498	9,591	0	0	0
Investment securities (losses) gains, net
-42	-40	-40	50	158	255	256	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on branch sale, net
109	2,183	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on branch sale, net
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NON-INTEREST EXPENSE
Salaries and employee benefits
22,280	21,597	21,911	22,088	22,485	23,104	22,856	22,815	22,338	21,719	21,360	20,921	20,890	20,802	20,711	20,968	20,838	20,792	20,604	20,866	20,651	20,377	20,519	19,800	19,662	19,542	19,295	19,193	19,269	19,165	18,931	18,675	18,110	17,982	17,772	17,817	0	0	0
Occupancy expense, net
3,190	3,122	3,142	2,982	2,966	2,957	2,918	2,888	2,852	2,782	2,741	2,752	2,736	2,751	2,764	2,719	2,763	2,792	2,728	2,748	2,703	2,660	2,655	2,645	2,615	2,630	2,617	2,588	2,587	2,598	2,695	2,764	2,708	2,701	2,612	2,482	0	0	0
Furniture and equipment expense
2,733	2,847	3,062	3,176	3,175	3,001	2,792	2,771	2,720	2,683	2,491	2,165	1,970	1,783	1,753	1,779	1,824	1,844	1,868	1,842	1,811	1,823	1,902	1,938	2,015	2,007	1,877	1,834	1,772	1,840	1,938	1,974	2,015	2,019	1,955	2,023	0	0	0
Processing, network, and bank card expense
3,857	3,882	3,762	3,710	3,626	3,484	3,429	3,419	3,457	3,643	3,622	3,669	3,582	3,309	3,451	3,379	3,346	3,363	3,275	3,249	3,233	3,203	3,240	3,209	3,152	3,668	3,684	3,823	4,100	3,593	3,438	3,337	3,138	3,193	3,275	3,345	0	0	0
Legal, examination, and professional fees
1,249	1,211	1,260	1,233	1,130	1,223	1,292	1,334	1,450	1,308	1,291	1,237	1,248	1,301	1,316	1,371	1,382	1,321	1,253	1,262	1,205	1,159	1,104	970	982	982	1,011	1,063	0	-	0	0	-	-	-	-	-	-	-
FDIC insurance assessment
-	-	-	-	-	-	-	-	-	-	329	419	492	567	754	733	803	867	882	951	935	933	963	972	987	992	994	990	992	993	728	734	872	1,107	1,572	1,752	0	0	0
Legal, examination, and professional fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,432	1,482	0	0	0
Advertising and promotion
1,247	1,256	1,276	1,230	1,239	1,233	1,249	1,294	1,268	1,255	1,195	1,136	1,113	1,083	1,065	1,055	1,083	1,111	1,203	1,235	1,221	1,274	1,245	1,250	1,310	1,301	1,240	1,218	1,120	1,083	1,079	1,063	1,114	1,103	1,085	1,109	0	0	0
Postage, printing, and supplies
902	871	898	973	938	996	983	942	970	925	936	965	1,004	1,018	1,099	1,105	1,086	1,120	1,097	1,115	1,123	1,117	1,168	1,208	1,219	1,210	1,182	1,148	1,136	1,144	1,139	1,136	1,153	1,158	1,135	1,150	0	0	0
Real estate foreclosure expense (gains), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	361	-17	99	-223	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate foreclosure expense and (gains), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	6,162	5,823	0	-	0	0	-	-	-	-	-	-	-
Other real estate expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	2,446	3,429	0	0	0
Other
3,833	3,945	4,033	4,290	4,395	4,334	4,938	4,726	4,763	4,487	4,357	4,328	4,181	4,193	3,789	3,863	3,645	3,507	2,993	2,867	2,783	2,813	3,053	3,026	3,367	3,507	4,109	4,073	4,168	4,403	4,183	4,195	4,007	3,691	3,388	3,477	0	0	0
Total non-interest expense
39,291	38,731	39,344	39,682	39,954	40,332	40,135	39,973	39,717	38,802	38,090	37,409	37,075	36,807	37,063	36,955	36,869	36,494	36,042	36,964	36,508	36,507	36,993	37,066	37,536	40,763	39,898	40,304	41,121	38,667	39,490	38,037	36,947	36,845	36,676	38,071	0	0	0
Income before income taxes
15,205	19,937	18,133	16,863	15,638	12,382	11,785	10,854	10,624	11,316	11,748	12,022	11,262	11,032	11,069	12,099	12,885	13,179	13,177	11,630	11,921	11,696	11,253	11,223	10,626	7,396	7,786	3,170	1,565	3,368	0	0	0	-	-	-	-	-	-
Income (loss) before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,654	6,522	0	0	0
Income tax expense
2,889	3,823	3,468	2,960	2,348	1,668	6,061	6,462	7,220	7,902	3,975	4,131	3,878	3,750	3,780	4,155	4,426	4,580	4,572	3,996	4,116	4,042	3,871	3,840	3,529	2,422	2,338	863	330	546	-1,505	-90	293	591	2,354	1,955	0	0	0
Net income
12,316	16,114	14,665	13,903	13,290	10,714	5,724	4,392	3,404	3,414	7,773	7,891	7,384	7,282	7,289	7,944	8,459	8,599	8,605	7,634	7,805	7,654	7,382	7,383	7,097	4,974	5,448	2,307	1,235	2,822	-401	2,685	3,354	2,857	5,299	4,566	0	0	0
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,276	1,426	1,513	1,513	1,508	1,512	0	0	0
Accretion of discount on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Accretion of discount on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	476	476	0	0	0
Preferred stock dividends and accretion of discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	615	918	1,218	1,590	1,784	0	0	0	-	-	-	-	-	-
Net income available to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,359	4,530	1,089	-354	1,038	-2,383	506	1,365	868	3,314	2,577	0	0	0
Basic earnings per share (in dollars per share)
0.14	0.65	0.62	0.56	0.74	0.41	0.49	0.46	0.35	-0.43	0.29	0.32	0.36	0.28	0.32	0.24	0.35	0.28	0.45	0.34	0.39	0.29	0.29	0.39	0.38	0.30	0.30	0.29	-0.09	0.36	-0.37	0.01	0.20	-0.33	0.21	0.19	0.10	0.20	0.06
Diluted earnings per share (in dollars per share)
0.14	0.65	0.62	0.56	0.74	0.41	0.49	0.46	0.35	-0.43	0.29	0.32	0.36	0.28	0.32	0.24	0.35	0.28	0.45	0.34	0.39	0.29	0.29	0.39	0.38	0.30	0.30	0.29	-0.09	0.36	-0.37	0.01	0.20	-0.33	0.21	0.19	0.10	0.20	0.06
Service charges and other fees
Income from fees
3,548	3,611	3,677	3,666	3,722	3,736	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank card income and fees
Income from fees
3,059	3,061	2,972	2,877	2,793	2,754	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trust department income
Income from fees
1,323	1,237	1,259	1,164	1,179	1,166	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Real estate servicing fees, net
Income from fees
-132	39	258	414	657	794	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-