Kentucky First Federal Bancorp KFFB Income Statement

Kentucky first federal bancorp (KFFB)

Income statement / Quarterly

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	Dec'10	Sep'10
Interest income
Loans, including fees
3,104	3,125	3,172	3,114	3,013	3,006	2,888	2,882	2,822	2,838	2,770	2,744	2,746	2,712	2,693	2,712	2,756	2,894	2,892	2,903	3,038	3,055	3,000	3,162	3,137	3,271	3,111	3,407	3,451	2,295	2,313	2,295	2,433	2,470	2,466	2,502	2,485	2,577	2,582
Mortgage-backed securities
6	5	6	7	8	8	8	4	14	11	12	12	14	6	25	21	29	21	23	26	27	28	29	30	32	34	36	42	46	46	51	56	61	67	72	77	84	93	101
Other securities
3	5	6	6	3	3	1	-	-	-	0	-3	4	3	3	1	7	5	5	6	6	7	6	7	8	7	7	8	9	0	0	-	0	1	-	-	1	1	-
Interest-bearing deposits and other
92	128	144	157	168	161	149	147	132	135	119	100	99	90	68	73	66	65	64	63	65	66	64	71	77	78	82	-	-	-	-	-	-	-	-	-	-	-	-
Interest-bearing deposits and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	73	61	59	64	56	56	63	65	55	63
Total interest income
3,205	3,263	3,328	3,284	3,192	3,178	3,046	3,033	2,968	2,984	2,901	2,853	2,863	2,811	2,789	2,807	2,858	2,985	2,984	2,998	3,136	3,156	3,099	3,270	3,254	3,390	3,236	3,537	3,582	2,414	2,425	2,410	2,558	2,594	2,594	2,642	2,635	2,726	2,746
Interest expense
Interest-bearing demand deposits
5	6	5	-	6	6	6	-	5	5	9	-	5	6	5	-	5	7	7	-	7	8	8	-	7	8	7	-	-	-	-	-	-	-	-	-	-	-	-
Interest-bearing demand deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	7	7	-	7	6	-	-	-	-	-
Savings
51	51	52	-	53	56	54	-	55	57	57	-	64	63	64	-	65	65	65	-	59	59	59	-	58	62	60	-	46	57	63	-	70	61	-	-	-	-	-
Certificates of Deposit
572	551	531	-	448	425	382	-	305	279	228	-	189	183	178	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Certificates of Deposit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	196	208	-	246	230	222	-	247	291	301	-	277	212	234	-	283	336	-	-	-	-	-
Deposits
628	608	588	540	507	487	442	402	365	341	294	261	258	252	247	253	257	268	280	292	312	297	289	300	312	361	368	336	339	276	304	320	360	403	484	482	584	681	739
Borrowings
254	314	359	370	338	310	258	228	196	161	174	150	119	89	81	74	84	74	70	58	61	57	62	60	65	67	85	95	102	99	135	153	148	151	160	150	141	161	243
Total interest expense
882	922	947	910	845	797	700	630	561	502	468	411	377	341	328	327	341	342	350	350	373	354	351	360	377	428	453	431	441	375	439	473	508	554	644	632	725	842	982
Net interest income
2,323	2,341	2,381	2,374	2,347	2,381	2,346	2,403	2,407	2,482	2,433	2,442	2,486	2,470	2,461	2,480	2,517	2,643	2,634	2,648	2,763	2,802	2,748	2,910	2,877	2,962	2,783	3,106	3,141	2,039	1,986	1,937	2,050	2,040	1,950	2,010	1,910	1,884	1,764
Provision for loan losses
0	5	59	0	0	0	11	78	104	3	0	20	166	52	4	4	0	0	11	41	36	210	56	49	78	171	282	83	161	392	26	57	0	82	0	-1	601	43	25
Net interest income after provision for loan losses
2,323	2,336	2,322	2,374	2,347	2,381	2,335	2,325	2,303	2,479	2,433	2,422	2,320	2,418	2,457	2,476	2,517	2,643	2,623	2,607	2,727	2,592	2,692	2,861	2,799	2,791	2,501	3,023	2,980	1,647	1,960	1,880	2,050	1,958	1,950	2,011	1,309	1,841	1,739
Non-interest income
Earnings on bank-owned life insurance
20	19	19	18	19	18	19	19	18	388	24	23	24	23	24	23	23	24	23	23	23	24	23	23	22	23	23	23	22	23	22	23	23	22	22	22	23	22	23
Net gain on sales of loans
35	34	6	0	9	6	14	4	13	11	0	-	1	9	-	10	0	22	19	0	13	9	6	0	0	20	35	58	31	53	58	0	0	23	0	48	15	64	28
Net gain (loss) on sales of real estate owned
-1	7	-	3	-5	7	5	5	-4	8	43	2	-9	1	73	68	-1	37	16	83	-18	143	-1	-4	7	-7	-10	48	49	-18	3	0	14	4	-17	1	0	-39	2
Valuation adjustment for real estate owned
12	24	-	12	0	36	18	-	18	-	0	-	58	25	-	1	111	21	18	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains on sales of investments
-	-	-	-	-	-	-	-	-	-	-	-	64	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Valuation adjustments of OREO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	14	0	67	0	17	17	-	-	-	-	-	-	-	-	-	-	-	-
Valuation adjustment for REO
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-74	74	25	0	-	0	38	-	-	-	-	-
Unrealized loss-other real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	-71	0	0	0
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	958	-	-	-	-	-	-	-	-	-
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-
Other
39	42	49	32	58	48	49	49	48	29	73	78	68	68	71	66	70	64	74	72	63	70	68	73	78	78	84	87	81	26	26	17	25	20	31	23	27	27	27
Total non-interest income
81	78	74	50	81	43	69	58	57	436	140	28	90	76	168	166	-19	126	114	118	68	232	96	25	107	97	115	290	109	1,017	109	21	62	31	26	23	65	74	80
Non-interest expense
Employee compensation and benefits
1,400	1,408	1,360	1,427	1,452	1,463	1,454	1,603	1,359	1,364	1,369	1,339	1,350	1,311	1,344	1,237	1,443	1,360	1,279	1,161	1,189	1,132	1,377	1,445	1,396	1,263	1,249	1,303	1,314	818	854	863	855	773	747	800	736	723	798
Occupancy and equipment
141	136	143	165	171	165	170	161	180	167	158	164	168	171	182	186	167	168	148	141	198	140	131	143	124	145	140	137	139	56	78	100	87	81	87	98	92	81	84
Voice and data communications
28	39	61	-	54	68	65	-	61	73	56	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Advertising
41	44	48	54	41	64	67	56	56	78	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Outside service fees
43	43	51	36	42	34	38	42	40	47	39	33	34	54	41	24	30	43	48	45	66	49	38	36	25	43	36	24	24	191	37	57	21	113	76	33	0	34	33
Legal fees
-	-	-	-	-	-	-	-	-	-	-	-	6	7	13	8	27	11	29	36	32	19	7	8	10	6	11	29	81	42	47	91	82	131	61	66	0	37	32
Data processing
149	134	105	112	116	109	105	114	110	113	102	102	101	96	97	107	99	94	97	102	118	107	102	130	107	98	122	135	139	45	60	65	65	57	54	56	63	64	63
Auditing and accounting
52	52	47	-36	10	32	34	68	68	71	66	62	85	79	79	81	65	63	67	63	59	65	65	98	66	66	33	44	43	34	26	-12	18	19	59	59	59	49	38
FDIC insurance premiums
-	-	-	-	-	-	-	-	-	-	-	-	22	-12	60	56	49	56	54	57	54	56	63	58	57	55	60	61	77	34	29	31	37	36	40	48	46	49	54
Franchise and other taxes
65	64	65	64	65	63	63	64	63	60	59	60	59	61	60	59	61	64	63	63	64	67	67	66	67	68	68	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	22	32	33	32	33	33	33
Foreclosure and real estate owned expenses (net)
17	6	34	24	18	37	23	14	32	27	34	16	27	47	21	22	20	25	28	25	34	68	53	53	37	50	20	-	-	-	-	-	-	-	17	110	0	28	21
Franchise and other taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	44	44	44	45	47	46	47	46	49	49
Foreclosure and OREO expenses (net)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	-11	-28	-	-31	15	-	-	-	-	-
Other
170	182	188	192	204	195	205	213	208	206	217	-31	296	287	271	296	278	285	252	232	176	255	266	230	223	250	248	200	232	177	143	115	123	107	129	20	230	135	121
Total non-interest expense
2,106	2,108	2,102	2,100	2,173	2,230	2,224	2,404	2,177	2,206	2,158	2,114	2,148	2,101	2,168	2,076	2,239	2,169	2,065	1,925	1,990	1,958	2,169	2,267	2,112	2,044	1,987	2,052	2,139	1,430	1,290	1,339	1,324	1,411	1,349	1,369	1,305	1,282	1,326
Income before income taxes
298	306	294	324	255	194	180	-21	183	709	415	336	262	393	457	566	259	600	672	800	805	866	619	619	794	844	629	1,261	950	1,234	779	562	788	578	627	665	69	633	493
Current
-	-	-	-	-	-	-	-	-	-	-	-	-	-	160	-	-	-	-	-	-	-	-	-	-	-	-	-	-	397	-	-	-	194	657	142	-519	59	275
Deferred
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-90	-	-	-	-4	-451	-32	144	150	-115
Federal income tax expense
58	58	60	24	48	27	42	-33	21	-160	135	-	94	139	-	185	81	196	134	265	266	287	203	-	303	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INCOME
240	248	234	-	207	167	138	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total federal income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	246	206	424	320	307	257	-	260	-	-	-	-	-	-
Total federal income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	190	206	110	-375	209	160
NET INCOME
-	-	-	-	-	-	-	12	162	869	280	216	168	254	297	381	178	404	538	535	539	579	416	422	491	598	423	837	630	927	522	378	528	388	421	555	444	424	333
EARNINGS PER SHARE
Basic and diluted
0.03	0.03	0.03	0.04	0.02	0.02	0.02	0.00	0.02	0.11	0.03	0.02	0.02	0.03	0.04	0.05	0.02	0.05	0.06	0.07	0.06	0.07	0.05	0.05	0.06	0.07	0.05	0.10	0.08	0.12	0.07	0.05	0.07	0.05	0.06	0.07	0.06	0.06	0.04
DIVIDENDS PER SHARE
0.10	0.10	-	-	0.10	0.10	-	-	-	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.10	0.10	0.10	-	0.10	-	-	-	-	-	-	-	0.10	0.10	0.10
DIVIDENDS PER SHARE (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.10	-	0.10	0.10	0.10	-	-	-	-