LIMESTONE BANCORP, INC. LMST Income Statement

Limestone bancorp, inc. (LMST)

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
Loans, including fees
43,510	42,153	41,309	40,177	38,806	37,342	35,796	34,278	32,827	31,866	30,994	30,672	30,484	30,537	30,791	30,987	31,378	31,251	31,492	31,798	32,524	33,090	33,857	34,921	36,303	38,015	41,172	44,704	48,439	52,918	56,326	60,181	64,081	67,679	71,644	74,763	0	0	0
Taxable securities
6,163	6,269	6,228	5,920	5,510	4,880	4,415	4,258	4,228	4,399	4,361	4,229	4,011	3,886	3,849	3,879	3,939	4,076	4,414	4,693	4,898	4,945	4,744	4,379	4,012	3,706	3,473	3,410	3,359	3,333	3,315	3,465	3,807	4,008	4,857	5,869	0	0	0
Tax exempt securities
303	326	353	372	380	383	426	474	522	571	577	587	601	620	659	693	725	764	809	853	898	936	949	957	953	933	912	893	858	887	963	1,041	1,113	1,123	1,038	955	0	0	0
Federal funds sold and other
689	836	898	954	936	856	800	753	735	686	654	583	546	559	547	535	514	483	470	476	499	542	586	608	599	574	587	581	576	591	587	620	692	744	718	693	0	0	0
Interest and Dividend Income, Operating, Total
50,665	49,584	48,788	47,423	45,632	43,461	41,437	39,763	38,312	37,522	36,586	36,071	35,642	35,602	35,846	36,094	36,556	36,574	37,185	37,820	38,819	39,513	40,136	40,865	41,867	43,228	46,144	49,588	53,232	57,729	61,191	65,307	69,693	73,554	78,257	82,280	0	0	0
Interest expense
Deposits
11,842	11,657	11,083	10,108	8,792	7,549	6,436	5,630	5,290	5,190	5,120	5,058	5,029	5,093	5,235	5,449	5,776	6,160	6,717	7,486	8,198	8,867	9,355	9,553	9,794	10,137	11,036	12,161	13,327	14,623	15,843	17,241	18,787	20,147	21,488	23,065	0	0	0
Federal Home Loan Bank advances
749	810	930	1,031	992	867	661	441	245	120	80	84	82	70	75	81	87	95	102	110	118	124	131	138	147	157	168	180	193	207	279	367	452	537	917	1,279	0	0	0
Senior debt
289	329	368	389	389	389	389	388	290	194	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Junior subordinated debentures
957	1,005	1,024	1,020	998	946	894	840	789	753	724	690	678	671	641	640	622	606	619	614	612	612	612	616	620	622	631	643	654	671	672	659	648	632	638	641	0	0	0
Subordinated capital note
0	-	0	-	-	39	89	121	141	148	133	136	142	147	150	155	158	161	168	175	181	189	196	204	213	221	231	242	253	266	274	277	281	283	296	304	0	0	0
Federal funds purchased and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	3	5	5	6	6	5	6	6	7	91	208	324	440	478	479	0	0	0
Interest Expense, Total
14,512	14,234	13,595	12,548	11,183	9,790	8,469	7,420	6,755	6,405	6,154	5,968	5,931	5,981	6,101	6,325	6,644	7,023	7,607	8,387	9,111	9,795	10,299	10,516	10,780	11,143	12,071	13,232	14,433	15,774	17,159	18,752	20,492	22,039	23,817	25,768	0	0	0
Net interest income
36,153	35,350	35,193	34,875	34,449	33,671	32,968	32,343	31,557	31,117	30,432	30,103	29,711	29,621	29,745	29,769	29,912	29,551	29,578	29,433	29,708	29,718	29,837	30,349	31,087	32,085	34,073	36,356	38,799	41,955	44,032	46,555	49,201	51,515	54,440	56,512	0	0	0
Provision for loan losses
0	-	-	-	-	-	0	0	-	-800	-550	-1,300	-1,900	-2,450	-4,100	-3,350	0	-	0	0	-	7,100	6,300	6,550	250	700	7,700	32,950	36,950	40,250	69,050	51,550	61,250	62,600	31,800	30,400	0	0	0
Net interest income after provision for loan losses
35,103	35,350	35,193	35,225	34,949	34,171	34,268	33,293	32,357	31,917	30,982	31,403	31,611	32,071	33,945	35,419	34,962	34,051	30,978	28,633	22,608	22,618	23,537	23,799	30,837	31,385	26,373	3,406	1,849	1,705	-25,018	-4,995	-12,049	-11,085	22,640	26,112	0	0	0
Non-interest income
Non-interest income revenue
521	501	689	671	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,897	1,869	1,871	1,851	1,874	1,917	1,929	1,988	2,013	2,014	2,033	2,058	2,101	2,128	2,178	2,239	2,303	2,430	2,533	2,609	2,736	2,839	0	0	0
Bank card interchange fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	832	830	838	839	853	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from bank owned life insurance
407	410	414	417	437	437	440	443	409	412	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain (loss) on sales and calls of investment securities
-	-	-	0	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank card interchange fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	713	719	722	727	724	0	0	-	0	-	-	-	-
Other real estate owned rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	688	1,022	1,245	-	1,335	960	606	256	33	82	294	399	575	701	495	420	0	0	0	-	-	-	-	-	-
Income from bank owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	534	538	542	0	-	0	0	-	-	-	-	-	-	-
Title insurance commissions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	0	0
Other real estate owned rental income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Secondary market brokerage fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	267	365	0	0	0
Net gain on sales of loans originated for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	799	860	0	0	0
Net gain on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	257	273	472	1,766	1,696	1,742	1,545	92	116	773	0	-	0	0	-	3,236	3,530	3,530	3,044	1,108	3,283	3,307	0	0	0
Gain on extinguishment of junior subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from fiduciary activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	517	891	1,152	1,443	1,177	1,058	1,034	989	993	964	1,000	0	0	0
Total impairment loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other
723	694	939	1,148	1,160	1,162	958	834	861	930	956	930	915	868	652	590	690	715	666	750	697	702	918	960	931	970	1,126	1,280	1,430	1,479	1,715	1,614	1,773	1,941	1,882	2,044	0	0	0
Noninterest Income, Total
6,358	5,918	5,936	5,911	5,812	5,779	5,749	5,564	5,463	5,404	5,332	5,113	5,019	5,218	4,872	5,977	6,390	7,695	7,629	6,476	5,860	4,079	3,878	3,988	5,187	5,919	6,368	6,922	7,792	9,590	9,665	9,644	9,491	7,833	10,283	10,080	0	0	0
Non-interest expense
Salaries and employee benefits
16,856	16,233	15,955	15,646	15,616	15,489	15,223	15,013	14,931	15,090	15,317	15,579	15,633	15,508	15,686	15,661	15,832	15,857	15,722	15,843	15,764	15,658	15,257	15,053	15,103	15,501	16,065	16,492	16,475	16,648	15,692	15,208	15,406	15,218	15,933	16,084	0	0	0
Occupancy and equipment
3,623	3,522	3,547	3,563	3,589	3,586	3,590	3,530	3,494	3,420	3,514	3,520	3,484	3,517	3,440	3,413	3,433	3,449	3,365	3,407	3,475	3,497	3,500	3,527	3,544	3,583	3,544	3,631	3,687	3,642	3,645	3,631	3,643	3,729	3,980	4,038	0	0	0
State franchise tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2,162	2,248	2,238	2,228	2,289	2,250	0	0	0
Professional fees
812	769	799	731	774	814	815	861	880	978	1,093	1,235	1,486	1,568	1,823	2,069	2,291	2,885	2,844	2,585	2,355	1,665	1,618	1,760	1,775	1,892	1,694	1,967	2,035	1,985	2,128	1,681	1,468	1,392	1,202	1,165	0	0	0
Marketing expense
895	908	937	945	1,041	1,114	1,085	1,190	1,144	1,098	1,169	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate owned expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,356	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	42,668	29,493	0	0	0
FDIC insurance
-	211	329	447	483	557	796	1,034	1,252	1,412	1,257	1,343	1,479	1,660	1,997	2,094	2,165	2,212	2,263	2,295	2,302	2,272	2,193	2,200	2,279	2,378	2,438	2,419	2,601	2,835	3,094	3,465	3,488	3,470	3,495	3,271	0	0	0
Data processing expense
1,305	1,259	1,223	1,189	1,181	1,192	1,237	1,277	1,288	1,256	1,229	1,203	1,180	1,185	1,155	1,138	1,121	1,128	1,148	1,139	1,141	1,106	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
State franchise and deposit tax
1,255	1,210	1,217	1,184	1,151	1,118	1,127	1,070	1,013	956	875	905	935	965	1,030	1,060	1,090	1,120	1,065	1,185	1,305	1,445	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit account related expense
1,394	1,224	1,061	974	885	823	903	912	910	896	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate owned expense
218	368	611	857	952	868	2,471	2,311	2,071	1,973	349	560	857	1,541	0	0	0	-	-	-	-	-	-	0	0	-	6,000	10,535	10,083	10,549	0	0	0	-	-	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Litigation and loan collection expense
208	189	195	224	238	245	220	237	229	179	8,351	8,495	8,726	8,805	821	920	940	1,141	1,243	1,780	2,738	2,994	3,380	3,053	4,211	4,707	4,677	4,938	3,117	2,442	2,258	2,268	2,607	2,509	2,180	1,560	0	0	0
Communications expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	711	718	716	705	710	692	693	690	678	688	685	0	0	0
Insurance expense
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	648	556	483	427	373	0	0	0	-	-	-	-	-	-
Postage and delivery
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	423	429	438	445	454	456	465	484	485	551	632	0	0	0
Advertising
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	386	370	0	0	0
Other
1,976	1,842	1,416	1,309	1,340	1,777	1,752	1,871	1,814	1,852	1,157	1,202	1,554	1,882	2,269	2,394	2,337	2,653	2,656	2,956	3,038	2,662	3,960	3,083	2,593	2,095	2,198	2,423	2,265	2,230	2,667	2,588	2,639	2,587	2,360	2,274	0	0	0
Noninterest Expense, Total
31,224	30,270	29,278	29,057	29,238	29,126	30,876	30,963	30,683	30,767	37,769	38,372	39,183	40,021	35,512	40,560	43,658	44,959	45,242	41,555	40,325	39,435	36,636	35,823	37,828	38,890	40,674	46,356	44,209	44,292	48,155	59,428	104,525	104,273	99,526	85,616	0	0	0
Income before income taxes
10,237	10,998	11,851	12,079	11,523	10,824	9,141	7,894	7,137	6,554	-1,455	-1,856	-2,553	-2,732	3,305	836	-2,306	-3,213	-6,635	-6,446	-11,857	-12,738	-9,221	-8,036	-1,804	-1,586	-7,933	-36,028	-34,568	-32,997	-63,508	-54,779	-107,083	-107,525	-66,603	-49,424	0	0	0
Income tax expense
718	480	657	730	1,824	2,030	-30,483	-31,087	-31,570	-31,899	0	0	0	21	21	21	0	-	0	0	-	-1,583	0	0	0	-	-	-	-65	-65	18,526	11,685	-479	-218	-17,672	-11,524	0	0	0
Net income
9,519	10,518	11,194	11,349	9,699	8,794	39,624	38,981	38,707	38,453	-1,455	-1,856	-2,553	-2,753	3,284	815	-2,327	-3,213	-6,397	-6,170	-10,274	-11,155	-7,876	-6,729	-1,804	-1,586	-7,933	-35,963	-34,503	-32,932	-82,034	-66,464	-106,604	-107,307	-48,931	-37,900	0	0	0
Dividends and accretion on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends on preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	1,750	1,750	1,749	1,750	1,810	1,810	0	0	0
Accretion on Series A preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	178	179	178	177	177	176	0	0	0
Earnings allocated to participating securities
-	-	-	-	-	-	-	-	-	-	-	-86	-95	-	-255	-346	-470	-336	4,160	4,043	3,441	3,159	-1,065	-919	-336	-267	-341	-1,589	-1,492	-1,429	4,799	5,600	4,103	4,080	-1,873	-1,408	0	0	0
Net income available to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-1,770	-2,458	-	3,539	1,161	-1,857	-2,877	25,546	25,104	20,813	19,428	-9,804	-8,499	-3,850	-3,398	-9,522	-36,303	-34,941	-33,432	-80,601	-65,833	-104,474	-105,154	-49,045	-38,478	0	0	0
Basic and diluted income per common share (in dollars per share)
0.25	0.23	0.31	0.49	0.38	0.32	0.33	0.27	0.31	5.32	0.29	0.27	0.27	-1.12	0.22	0.17	0.27	-0.52	-0.04	-0.08	0.02	8.67	-0.12	-0.53	-0.08	-	-	-0.14	-0.04	-	-	-	-	-	-	-	-	-	-
Basic earnings (loss) per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	-2.29	-0.03	0.08	-	-1.04	-3.33	0.03	0.16	-0.18
Diluted earnings (loss) per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.01	-	-	-	-2.29	-0.03	0.08	-	-1.04	-3.33	0.03	0.15	-0.18
Deposit Account [Member]
Non-interest income revenue
2,553	2,381	2,288	2,263	2,283	2,355	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card [Member]
Non-interest income revenue
2,680	2,438	2,300	2,088	1,938	1,831	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-