Legacytexas financial group, inc. (LTXB)
Income statement / Quarterly
Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest and dividend income
Loans, including fees

108,154

100,301

101,031

102,267

98,570

90,631

91,334

89,084

83,917

83,103

80,394

78,966

73,376

68,806

66,054

63,025

61,551

58,035

37,107

35,872

33,888

30,388

31,188

30,805

32,151

30,378

33,247

32,739

30,290

24,320

25,106

21,838

20,833

20,461

22,953

21,643

Taxable securities

3,460

3,602

3,463

3,254

3,132

2,911

2,819

2,694

2,725

2,562

2,269

2,314

2,359

2,312

2,264

2,292

2,252

2,499

2,109

2,225

2,453

2,565

2,583

2,337

2,457

2,403

2,591

3,616

4,185

4,458

5,690

6,633

6,639

6,868

6,656

5,564

Nontaxable securities

410

343

595

614

641

675

700

713

739

755

756

763

759

774

780

773

724

718

561

562

561

564

562

568

529

474

472

473

473

473

473

473

473

473

410

367

Interest-bearing deposits in other financial institutions

1,370

1,277

1,507

1,368

1,097

969

798

1,524

955

732

693

463

392

330

197

137

139

158

64

57

71

57

38

32

25

31

31

29

38

19

26

44

28

72

67

129

FHLB and FRB stock and other

683

581

582

644

551

480

460

448

411

384

385

405

450

386

287

298

301

208

138

139

136

130

128

133

134

133

140

151

141

106

-

18

-

-

-

-

FHLB and Federal Reserve Bank stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

21

-

-

FHLB stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

15

Total interest and dividend income

114,077

106,104

107,178

108,147

103,991

95,666

96,111

94,463

88,747

87,536

84,497

82,911

77,336

72,608

69,582

66,525

64,967

61,618

39,979

38,855

37,109

33,704

34,499

33,875

35,296

33,419

36,481

37,008

35,127

29,376

31,337

29,006

27,986

27,895

30,101

27,718

Interest expense
Deposits

20,444

18,215

16,634

15,077

13,732

12,032

10,954

10,271

8,359

7,110

6,734

5,756

4,422

4,122

3,569

3,382

3,049

3,127

2,165

2,021

2,035

1,991

2,252

2,411

2,450

2,432

2,321

2,656

3,247

3,229

4,429

5,702

6,260

6,083

8,316

7,889

FHLB advances

5,794

4,456

4,000

5,198

4,131

2,680

2,647

2,944

2,427

1,632

1,526

1,865

2,103

1,673

1,466

1,606

1,774

1,706

1,778

1,957

1,948

1,927

1,971

2,066

2,205

2,261

-

2,515

-

-

-

-

-

-

-

-

Repurchase agreements and other borrowings

2,285

2,269

2,245

2,205

2,199

2,341

2,311

2,284

2,241

2,246

2,153

1,810

1,457

1,462

805

349

323

459

-

-

-

-

-

4

-

-

-

1

28

-

24

152

150

148

151

150

FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,415

2,454

-

2,467

-

-

-

-

FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,407

2,486

2,910

3,022

Repurchase agreement and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

207

204

201

211

206

203

201

205

217

251

203

205

206

204

201

205

204

Total interest expense

28,523

24,940

22,879

22,480

20,062

17,053

15,912

15,499

13,027

10,988

10,413

9,431

7,982

7,257

5,840

5,337

5,146

5,292

4,149

4,185

4,187

4,119

4,430

4,687

4,858

4,894

4,953

5,389

5,941

5,886

7,180

8,527

9,021

8,918

11,582

11,265

Net interest income

85,554

81,164

84,299

85,667

83,929

78,613

80,199

78,964

75,720

76,548

74,084

73,480

69,354

65,351

63,742

61,188

59,821

56,326

35,830

34,670

32,922

29,585

30,069

29,188

30,438

28,525

31,528

31,619

29,186

23,490

24,157

20,479

18,965

18,977

18,519

16,453

Provision for credit losses

16,100

9,800

0

2,656

17,478

15,663

3,743

7,157

6,255

22,301

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

-

-

-

-

-

-

-

-

-

-

-

3,467

6,800

8,800

-

7,515

3,750

3,000

2,637

2,511

1,197

376

616

-158

1,858

883

-

814

1,447

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

895

-

581

1,065

1,095

756

1,888

Net interest income after provision for credit losses

69,454

71,364

84,299

83,011

66,451

62,950

76,456

71,807

69,465

54,247

66,251

70,013

62,554

56,551

52,542

53,673

56,071

53,326

33,193

32,159

31,725

29,209

29,453

29,346

28,580

27,642

31,545

30,805

27,739

22,595

22,928

19,898

17,900

17,882

17,763

14,565

Non-interest income
Service charges and other fees

9,882

7,255

9,923

8,626

8,844

7,927

-

9,291

9,896

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges and other fees

-

-

-

-

-

-

-

-

-

8,431

-

9,670

8,927

8,181

8,041

8,195

7,941

6,759

4,963

4,798

5,113

4,508

5,196

4,460

4,768

4,291

5,562

4,885

4,827

4,238

4,529

4,659

4,721

4,647

4,694

4,724

Other charges and fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

179

212

142

144

165

128

179

144

225

175

171

170

Net gain on sale of mortgage loans held for sale

2,879

1,525

1,499

1,597

1,668

1,809

1,556

1,982

2,156

1,628

2,012

2,383

2,250

1,580

1,899

1,944

2,121

2,072

0

0

0

0

-

-

-

-

0

1,030

2,174

2,232

2,101

1,710

1,879

1,949

3,697

3,165

Bank-owned life insurance income

489

482

482

482

479

447

430

435

440

422

436

441

441

426

432

424

424

419

183

147

145

153

186

148

153

162

215

210

165

109

103

118

167

118

135

112

Net gain (loss) on securities transactions

0

6

0

-10

0

-128

-

-20

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gain (loss) on securities transactions

-

-

-

-

-

-

-

-

-

-19

-

-3

65

0

17

-25

0

211

0

0

0

0

0

0

0

-177

0

898

116

0

2,853

0

0

3,415

-

-

Gain (loss) on sale and disposition of assets

18

-14

-56

977

-153

2,213

-3,480

352

157

1,399

-412

-1,490

1,186

4,072

188

228

429

28

15

-85

727

1

120

41

444

230

-241

187

-56

-81

-

-533

-6

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

818

-

-

-

271

-

-

-

Loss on sale and disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-210

-24

-228

Other

-1,036

640

416

1,555

14

630

271

186

-324

269

335

276

853

396

1,016

1,085

1,049

-82

133

198

-556

300

194

277

199

1,141

816

465

1,940

104

522

109

921

373

381

226

Total non-interest income

12,232

9,894

12,264

13,227

10,852

12,898

6,901

12,226

12,325

12,130

12,277

11,277

13,722

14,655

11,593

11,851

11,964

9,407

5,294

5,058

5,429

4,962

5,005

5,226

5,743

5,859

6,494

7,819

8,513

6,730

10,238

6,207

7,636

10,467

9,054

8,169

Non-interest expense
Salaries and employee benefits

26,586

26,871

23,728

25,053

24,313

27,076

23,126

24,175

23,391

24,444

23,446

23,918

22,867

22,337

23,374

23,633

22,549

22,971

13,137

13,661

14,127

14,132

14,339

13,546

12,528

12,915

13,200

12,685

14,110

11,724

12,213

11,751

11,542

11,854

11,843

11,450

Merger costs

2,362

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger and acquisition costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

8

1,545

8,282

1,188

652

169

663

0

0

0

0

242

3,741

144

-

-

-

-

-

-

Advertising

982

903

1,301

824

1,358

888

1,402

980

1,179

817

1,039

751

1,035

1,036

1,140

645

1,048

940

425

262

493

355

760

666

751

513

599

379

490

285

302

351

510

356

280

321

Occupancy and equipment

3,950

3,899

3,843

3,960

3,980

3,860

3,776

3,299

3,656

3,654

3,715

3,822

3,779

3,691

3,592

3,622

3,838

3,808

1,856

1,807

1,819

1,892

2,117

1,830

1,938

1,790

1,934

2,009

1,952

1,470

1,633

1,511

1,399

1,423

1,520

1,458

Outside professional services

1,674

1,285

2,021

1,151

1,382

1,250

1,300

1,230

1,203

1,156

889

940

1,227

816

1,023

934

625

750

711

569

486

525

824

682

570

684

568

578

691

483

518

769

704

653

648

454

Regulatory assessments

831

618

886

750

731

1,154

1,212

1,011

1,271

985

1,316

1,169

1,330

1,133

1,266

1,026

1,146

822

700

698

687

628

619

629

650

579

-

668

-

-

-

-

-

-

-

-

Regulatory assessments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

624

581

-

409

498

959

819

795

Data processing

5,739

5,933

6,168

5,362

5,145

4,703

4,737

4,287

3,877

3,895

4,031

3,989

3,664

3,290

3,116

2,830

2,537

2,795

1,753

1,739

1,708

1,662

1,747

1,733

1,729

1,518

1,717

1,530

1,617

1,245

1,282

1,168

1,129

1,069

1,036

1,043

Office operations

2,568

2,335

2,249

2,232

2,224

2,300

2,180

2,378

2,404

2,276

2,524

2,368

2,541

2,468

2,773

2,879

2,652

2,393

1,621

1,566

1,717

1,680

1,781

1,603

1,751

1,648

-

1,834

-

-

-

-

-

-

-

-

Office operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,934

1,545

-

1,521

1,477

1,454

1,458

1,433

Other

2,834

2,463

2,672

2,860

3,058

2,648

2,975

2,935

2,608

2,525

2,588

2,717

3,170

2,771

2,759

2,258

2,505

1,753

1,311

1,301

1,661

1,112

1,278

1,484

1,786

1,226

1,195

1,285

1,164

975

1,541

1,087

1,009

1,093

1,096

1,054

Total non-interest expense

47,526

44,307

42,868

42,192

42,191

43,879

40,708

40,295

39,589

39,752

39,548

39,674

39,613

37,542

39,043

37,827

36,908

37,777

29,796

22,791

23,350

22,155

24,128

22,173

21,703

20,873

21,705

21,210

26,323

18,452

19,544

18,567

18,268

18,861

18,700

18,008

Income before income tax expense

34,160

36,951

53,695

54,046

35,112

31,969

42,649

43,738

42,201

26,625

38,980

41,616

36,663

33,664

25,092

27,697

31,127

24,956

8,691

14,426

13,804

12,016

10,330

12,399

12,620

12,628

16,334

17,414

9,929

10,873

13,622

7,538

7,268

9,488

8,117

4,726

Income tax expense

7,177

7,871

-4,074

11,225

7,275

6,207

27,989

15,029

14,266

8,435

13,675

14,399

13,446

11,582

8,646

9,802

10,876

8,632

3,225

5,114

4,986

4,334

3,086

4,187

4,446

4,570

5,973

6,098

3,437

3,801

3,848

2,395

2,411

2,934

2,709

1,530

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,466

9,312

8,818

7,682

7,244

8,212

8,174

8,058

10,361

11,316

6,492

7,072

-

-

-

-

-

-

Net Income (Loss) Attributable to Parent

26,983

29,080

57,769

42,821

27,837

25,762

14,660

28,709

27,935

18,190

25,305

27,217

23,217

22,082

16,446

17,895

20,251

16,324

-

-

-

-

-

-

-

-

-

-

-

-

-

5,143

4,857

6,554

5,408

3,196

Earnings per share:
Basic (in dollars per share)

0.57

0.61

1.22

0.91

0.59

0.55

0.31

0.61

0.60

0.39

0.54

0.59

0.50

0.48

0.36

0.39

0.44

0.35

0.15

0.24

0.23

0.20

0.19

0.22

0.21

0.21

0.29

0.30

0.17

0.22

0.30

0.16

0.15

0.20

0.17

0.11

Diluted (in dollars per share)

0.56

0.61

1.22

0.89

0.58

0.54

0.31

0.61

0.59

0.38

0.53

0.58

0.50

0.48

0.36

0.38

0.44

0.35

0.14

0.24

0.23

0.20

0.20

0.21

0.21

0.21

0.29

0.30

0.17

0.22

0.30

0.16

0.15

0.20

0.17

0.11

Dividends declared (in dollars per share)

0.25

0.25

0.22

0.16

0.16

0.16

0.16

0.15

0.15

0.15

0.15

0.15

0.14

0.14

0.14

0.14

0.13

0.13

0.12

0.12

0.12

0.12

0.12

0.10

0.10

0.00

-

0.08

-

-

-

-

-

-

-

-