Kearny financial corp. (KRNY)
Income statement / TTM
Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10
Interest Income
Loans

73,870

71,522

69,383

66,794

64,331

62,884

61,540

61,500

61,853

62,217

63,268

63,960

65,951

67,558

66,220

63,553

0

0

0

Mortgage-backed securities

19,145

19,198

20,049

20,827

21,037

21,582

22,239

23,688

26,975

29,685

31,456

32,435

32,320

31,192

30,556

29,972

0

0

0

Debt securities:
Taxable

6,899

6,369

5,798

5,341

4,755

3,883

2,936

1,884

1,159

993

1,053

1,319

1,971

2,931

3,976

4,892

0

0

0

Tax-exempt

1,941

1,900

1,870

1,839

1,747

1,313

859

411

45

27

32

70

326

710

937

1,050

0

0

0

Other interest-earning assets

1,254

1,207

1,117

1,018

925

821

778

775

778

778

765

765

796

866

925

909

0

0

0

Total Interest Income

103,109

100,196

98,217

95,819

92,795

90,483

88,352

88,258

90,810

93,700

96,574

98,549

101,364

103,257

102,614

100,376

0

0

0

Interest Expense
Deposits

15,484

15,130

14,752

14,538

14,086

13,887

14,066

14,711

16,054

17,507

18,957

20,272

21,361

22,390

23,182

23,913

0

0

0

Borrowings

9,293

8,818

8,315

7,460

6,515

6,537

6,708

7,290

7,996

8,109

8,109

8,097

8,114

8,159

8,270

8,303

0

0

0

Total Interest Expense

24,777

23,948

23,067

21,998

20,601

20,424

20,774

22,001

24,050

25,616

27,066

28,369

29,475

30,549

31,452

32,216

0

0

0

Net Interest Income

78,332

76,248

75,150

73,821

72,194

70,059

67,578

66,257

66,760

68,084

69,508

70,180

71,889

72,708

71,162

68,160

0

0

0

Provision for Loan Loses

5,125

4,244

3,071

3,381

3,932

4,459

5,293

4,464

5,244

5,094

5,024

5,750

4,755

4,889

4,442

4,628

0

0

0

Net Interest Income after Provision for Loan Losses

73,207

72,004

72,079

70,440

68,262

65,600

62,285

61,793

61,516

62,990

64,484

64,430

67,134

67,819

66,720

63,532

0

0

0

Non-Interest Income
Fees and service charges

2,874

2,561

2,460

2,452

2,524

2,616

2,603

2,541

2,427

2,416

2,438

2,435

2,504

2,523

2,311

2,027

0

0

0

Gain on sale of securities

-

0

-

-

0

0

-

-

0

0

-

-

-

0

-

-

0

-

-

Gain on sale of loans

0

0

-

80

625

0

0

-

0

-

-

661

1,017

835

725

539

0

0

0

Loss on sale and write down of real estate owned

-1,027

-588

-593

-441

-304

-241

-480

-775

-600

-1,807

-3,588

-3,330

0

0

0

-

-

-

-

Income from bank owned life insurance

4,027

2,632

2,685

2,735

2,782

2,599

2,285

1,966

1,448

1,149

941

748

741

746

735

708

0

0

0

Electronic banking fees and charges

1,043

1,062

1,100

1,160

1,187

1,211

1,200

1,145

1,097

1,060

1,011

957

930

914

845

724

0

0

0

Loss from REO operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Miscellaneous

896

630

646

620

416

342

404

527

527

796

745

627

615

282

230

181

0

0

0

Total Non-Interest Income

8,372

7,631

7,842

8,123

8,008

16,693

17,049

16,388

15,803

5,115

2,069

2,145

3,282

3,957

5,492

4,847

0

0

0

Non-Interest Expense
Salaries and employee benefits

38,481

37,762

36,897

35,774

35,600

35,479

35,547

35,406

35,186

34,747

34,339

33,688

33,755

33,299

32,313

31,105

0

0

0

Net occupancy expense of premises

7,322

7,199

7,011

7,031

6,970

6,641

6,689

6,625

6,692

6,600

6,541

6,528

6,356

6,507

6,063

5,527

0

0

0

Equipment and systems

7,803

9,017

9,038

8,982

8,941

7,652

7,493

7,596

7,513

7,320

7,198

7,190

7,227

7,234

6,845

6,053

0

0

0

Advertising and marketing

1,170

1,079

1,159

1,262

1,108

1,000

967

1,002

1,043

1,039

1,085

1,100

1,090

1,122

1,071

1,016

0

0

0

Federal deposit insurance premium

2,402

2,354

2,365

2,288

2,242

2,195

2,126

2,166

2,168

2,202

2,149

2,082

2,032

2,324

2,345

2,307

0

0

0

Directors' compensation

698

707

714

690

702

700

703

698

681

668

0

-

0

0

-

1,153

0

0

0

Merger-related expenses

-

-

-

-

0

-

-

-

-

-

-

-

-

-

3,600

3,474

0

0

0

Debt extinguishment expenses

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Miscellaneous

8,410

8,101

8,072

7,740

7,620

7,445

7,221

7,244

7,246

7,450

7,564

7,455

7,437

6,888

6,205

5,607

0

0

0

Total Non-Interest Expense

66,487

66,610

65,647

64,158

63,373

69,800

69,434

69,425

69,235

60,054

59,555

58,721

58,619

58,327

59,037

56,242

0

0

0

Income before Income Taxes

15,092

13,025

14,274

14,405

12,897

12,493

9,900

8,756

8,084

8,051

6,998

7,854

11,797

13,449

13,175

12,137

0

0

0

Income taxes

3,293

3,318

3,749

4,217

3,613

3,251

2,468

2,250

2,305

2,624

2,278

2,776

4,084

4,440

4,641

4,286

0

0

0

Net Income

11,799

9,707

10,525

10,188

9,284

9,242

7,432

6,506

5,779

5,427

4,720

5,078

7,713

9,009

8,534

7,851

0

0

0

Net Income per Common Share (EPS)
Basic

0.06

0.03

0.04

0.04

0.03

0.05

0.04

-

0.03

0.02

-

-

-

-

-

-

-

0.00

0.02

Diluted

0.06

0.03

0.04

0.04

0.03

0.05

0.04

-

0.03

0.02

-

-

-

-

-

-

-

0.00

0.02

Basic and Diluted

-

-

-

-

-

-

-

-

-

-

0.03

-

0.02

0.01

0.03

-

0.04

-

-

Weighted Average Number of Common Shares Outstanding
Basic

67,078

67,042

66,975

65,797

65,684

65,767

65,936

-

66,141

66,188

-

-

-

-

-

-

-

67,042

67,219

Diluted

67,092

67,055

67,371

65,859

65,782

65,767

65,936

-

66,141

66,188

-

-

-

-

-

-

-

67,042

67,219

Basic and Diluted

-

-

-

-

-

-

-

-

-

-

66,256

-

66

66

66

-

67,054

-

-

Dividends Declared Per Common Share

-

-

0.00

-

-

-

0.00

-

-

-

0.00

-

0.05

0.05

0.05

-

0.05

0.05

0.05