Middlefield banc corp. (MBCN)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'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
Interest and fees on loans

49,980

50,390

50,502

49,519

48,010

46,576

44,768

43,390

42,109

40,235

36,388

32,404

28,805

25,798

25,117

24,629

24,154

23,824

23,467

23,142

22,875

22,726

22,535

22,643

22,618

22,496

22,306

22,362

22,453

22,418

22,587

22,332

22,090

21,854

21,580

21,324

0

0

0

Interest-earning deposits in other institutions

580

673

695

680

626

558

492

421

398

328

259

167

90

53

49

40

37

33

31

30

27

24

26

27

27

30

30

31

30

26

25

22

16

14

11

10

0

0

0

Federal funds sold

92

78

73

57

39

46

35

32

26

15

13

15

19

20

17

14

14

13

15

13

14

14

14

16

14

15

19

21

21

20

12

6

6

12

28

40

0

0

0

Investment securities:
Taxable interest

774

796

781

742

698

688

668

660

713

762

841

917

984

1,106

1,217

1,323

1,412

1,467

1,535

1,635

1,782

1,896

2,081

2,250

2,349

2,514

2,663

2,802

2,968

3,209

3,485

3,956

4,454

4,862

5,122

5,241

0

0

0

Tax-exempt interest

2,456

2,392

2,320

2,305

2,302

2,262

2,233

2,214

2,294

2,406

2,532

2,640

2,760

2,913

3,014

3,136

3,191

3,160

3,164

3,153

3,131

3,127

3,121

3,105

3,066

3,044

2,986

2,953

2,962

2,976

3,008

2,983

2,932

2,883

2,826

2,749

0

0

0

Dividends on stock

168

196

214

226

226

227

229

209

196

249

219

199

187

104

102

105

100

98

95

94

91

87

85

84

79

79

80

83

94

97

99

103

102

102

109

116

0

0

0

Total interest and dividend income

54,050

54,525

54,585

53,529

51,901

50,357

48,425

46,926

45,736

43,995

40,252

36,342

32,845

29,994

29,516

29,247

28,908

28,595

28,307

28,067

27,920

27,874

27,862

28,125

28,153

28,178

28,084

28,252

28,528

28,746

29,216

29,402

29,600

29,727

29,676

29,480

0

0

0

INTEREST EXPENSE
Deposits

12,329

12,409

12,229

11,234

9,936

8,631

7,327

6,617

5,865

5,350

4,773

4,226

3,888

3,618

3,510

3,465

3,450

3,426

3,447

3,469

3,524

3,633

3,790

4,062

4,352

4,709

5,065

5,313

5,528

5,728

5,939

6,357

6,927

7,467

8,268

8,805

0

0

0

Short-term borrowings

190

368

412

666

779

842

865

771

852

753

690

537

379

322

378

359

277

194

137

145

150

148

148

152

161

178

183

202

254

261

277

275

235

235

243

246

0

0

0

Other borrowings

343

363

375

387

410

436

475

519

526

544

528

436

373

250

269

233

194

200

90

100

109

118

129

140

152

166

181

218

256

294

331

353

375

400

460

543

0

0

0

Trust preferred securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

158

-

163

163

137

171

127

169

182

190

198

168

152

164

260

354

460

550

560

549

0

0

0

Total interest expense

12,862

13,140

13,016

12,287

11,125

9,909

8,667

7,907

7,243

6,647

5,958

5,166

4,607

4,190

4,105

4,038

3,962

3,820

3,837

3,877

3,920

4,070

4,201

4,530

4,854

5,250

5,627

5,901

6,190

6,447

6,807

7,339

7,997

8,652

9,531

10,143

0

0

0

NET INTEREST INCOME

41,188

41,385

41,569

41,242

40,776

40,448

39,758

39,019

38,493

37,348

34,294

31,176

28,238

25,804

25,411

25,209

24,946

24,775

24,470

24,190

24,000

23,804

23,661

23,595

23,299

22,928

22,457

22,351

22,338

22,299

22,409

22,063

21,603

21,075

20,145

19,337

0

0

0

Provision for loan losses

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

640

770

-

840

1,060

1,130

1,090

1,045

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

420

315

-

210

175

295

370

-200

-117

63

196

1,741

1,731

1,881

2,168

1,793

2,570

2,820

3,085

3,711

3,481

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

37,798

40,495

40,929

40,472

39,906

39,608

38,698

37,889

37,403

36,303

33,424

30,481

27,608

25,234

24,991

24,789

24,631

24,460

24,260

24,015

23,705

23,434

23,861

23,712

23,236

22,732

21,852

21,286

0

-

0

0

-

17,990

16,434

15,856

0

0

0

NONINTEREST INCOME
Investment securities gains on sale, net

-

-

0

0

-

-

-

-

-

886

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Loss) gain on equity securities

-124

94

-43

4

31

-9

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

1,940

1,935

1,901

1,880

1,874

1,859

1,877

1,876

1,876

1,887

1,908

1,950

1,956

1,850

1,821

1,781

1,765

1,596

1,570

1,515

1,512

1,772

1,750

0

0

0

Investment securities gains, net

-

-

-

-

-

-

-

-

-

-

-

-

-

303

369

580

350

323

257

236

278

248

84

-106

-180

11

327

623

0

-

0

0

-

-173

2

14

0

0

0

Earnings on bank-owned life insurance

433

431

433

432

421

428

433

434

434

431

422

414

413

403

659

659

654

624

332

302

278

276

277

272

279

280

280

285

279

279

277

276

273

278

281

276

0

0

0

Gain on sale of loans

488

433

315

230

286

231

307

519

596

826

817

691

566

419

365

349

363

329

306

0

0

-

0

-

-

-

-

-

-

85

0

0

0

-

-

-

-

-

-

Other income

-

-

-

-

-

-

-

-

-

-

-

-

-

894

909

879

910

894

490

498

496

500

944

956

943

898

800

732

670

712

688

679

647

620

619

633

0

0

0

Total noninterest income

4,783

4,841

4,482

4,325

4,074

3,728

3,700

4,193

4,134

4,859

4,841

4,377

4,561

3,959

4,237

4,368

4,157

4,044

3,892

3,774

3,669

3,588

3,212

3,030

2,992

3,145

3,267

3,327

3,525

3,451

2,937

2,755

2,332

2,237

2,674

2,673

0

0

0

NONINTEREST EXPENSE
Salaries and employee benefits

15,923

16,523

16,539

16,106

15,894

15,749

14,818

14,704

14,041

13,758

13,133

12,085

11,165

10,249

10,286

9,894

10,171

9,751

9,594

9,453

9,161

8,817

8,692

8,420

8,058

7,913

7,521

7,354

7,248

7,127

7,100

7,149

7,293

7,233

6,931

6,890

0

0

0

Occupancy expense

2,161

2,164

2,049

1,974

1,950

1,933

1,917

1,933

1,894

1,846

1,716

1,546

1,405

1,252

1,241

1,240

1,239

1,253

1,185

1,152

1,136

1,108

1,304

1,305

1,278

1,231

1,051

1,011

985

959

919

928

929

953

961

936

0

0

0

Equipment expense

1,078

1,040

1,043

1,061

971

969

957

937

1,002

1,050

1,080

1,059

1,003

991

938

966

997

944

959

1,006

959

963

1,057

989

981

950

805

763

778

759

625

614

568

556

644

673

0

0

0

Data processing costs

2,409

2,208

2,040

1,941

1,794

1,806

1,776

1,763

1,949

1,792

1,783

1,649

1,383

1,335

1,201

1,154

1,093

1,071

1,026

990

953

917

934

892

855

854

807

782

786

772

752

730

712

693

675

685

0

0

0

Ohio state franchise tax

1,053

1,044

1,002

984

967

823

789

731

673

744

742

742

718

632

523

412

325

300

298

316

334

342

420

491

547

618

640

636

615

590

543

480

0

-

0

0

-

0

0

Ohio state franchise tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

Federal deposit insurance expense

223

230

330

480

530

550

615

630

615

533

410

377

374

438

516

504

492

472

440

452

429

449

524

527

494

516

89

204

398

487

1,044

970

984

966

870

884

0

0

0

Professional fees

1,601

1,683

1,599

1,544

1,468

1,482

1,640

1,728

1,824

1,752

1,614

1,727

1,522

1,441

1,479

1,161

1,220

1,247

1,097

1,057

1,118

1,086

1,105

1,232

1,185

1,174

1,161

1,115

1,010

948

893

804

803

800

687

694

0

0

0

Net loss (gain) on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Gain) loss on other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

124

-

-136

-161

-276

-183

-177

-93

-5

-18

20

-203

-248

-258

-237

-244

-535

-497

-1,034

-932

0

0

0

Advertising expense

739

733

832

866

896

921

855

867

801

821

790

748

787

734

739

728

720

721

707

632

561

488

476

469

456

445

513

514

515

423

0

0

0

-

-

-

-

-

-

Software amortization expense

634

638

624

597

600

605

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

592

-

580

555

389

387

342

379

367

410

531

471

594

498

0

0

0

-

-

-

-

-

-

Directors fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

434

440

-

443

444

435

403

391

369

384

403

412

441

0

-

0

0

-

-

-

-

-

-

-

Core deposit intangible amortization

339

341

343

344

346

352

363

377

393

374

256

165

72

40

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Appraiser fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

220

101

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

380

370

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger expense

-

-

-

-

-

-

-

-

-

1,060

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

3,625

3,429

3,497

3,420

3,482

3,553

3,283

3,247

3,134

3,341

4,449

4,648

4,436

3,879

4,158

3,653

3,793

3,715

2,015

2,174

2,120

2,296

2,556

2,542

2,448

2,298

2,162

2,194

2,190

2,432

1,758

1,986

2,314

2,394

3,358

3,380

0

0

0

Total noninterest expense

29,785

30,033

29,898

29,317

28,898

28,743

27,717

27,922

27,563

27,485

26,225

24,590

22,801

20,872

21,295

20,302

20,604

20,077

19,335

19,051

18,432

17,850

18,018

17,748

17,098

16,870

15,758

15,765

15,858

15,639

15,543

15,327

15,578

15,501

15,645

15,567

0

0

0

Income before income taxes

12,796

15,303

15,513

15,480

15,082

14,593

14,681

14,160

13,974

13,677

12,040

10,268

9,368

8,321

7,933

8,855

8,184

8,427

8,817

8,738

8,942

9,172

9,055

8,994

9,130

9,007

8,225

8,182

8,124

7,943

8,010

6,921

5,537

4,726

3,463

2,962

0

0

0

Income taxes

2,055

2,592

2,518

2,450

2,245

2,162

3,289

3,610

4,014

4,222

3,311

2,658

2,339

1,905

1,427

1,710

1,460

1,562

1,814

1,799

1,897

1,992

1,942

1,934

1,996

1,979

1,749

1,722

1,709

1,662

1,669

1,350

886

596

199

62

0

0

0

NET INCOME

10,741

12,711

12,995

13,030

12,837

12,431

11,392

10,550

9,960

9,455

8,729

7,610

7,029

6,416

6,506

7,145

6,724

6,865

7,003

6,939

7,045

7,180

7,113

7,060

7,134

7,028

6,476

6,460

6,415

6,281

6,341

5,571

4,651

4,130

3,264

2,900

0

0

0

EARNINGS PER SHARE
Basic (in dollars per share)

0.16

-0.52

1.01

1.01

0.46

-0.87

1.02

0.96

0.81

0.73

0.77

0.84

0.78

0.71

0.60

0.94

0.79

0.93

0.96

0.73

0.79

0.92

0.94

0.79

0.87

0.89

0.92

0.84

0.83

0.65

0.93

0.85

0.86

0.76

0.63

0.44

0.62

0.29

0.46

Diluted (in dollars per share)

0.16

-0.53

1.01

1.01

0.46

-0.87

1.02

0.96

0.80

0.73

0.76

0.83

0.78

0.70

0.60

0.94

0.79

0.91

0.96

0.73

0.79

0.92

0.93

0.79

0.86

0.90

0.92

0.83

0.82

0.64

0.93

0.85

0.86

0.76

0.63

0.44

0.62

0.29

0.45

DIVIDENDS DECLARED PER SHARE (in dollars per share)

-

-

-

-

-

-

-

-

-

0.27

0.27

0.27

0.27

0.27

0.27

0.27

0.27

-

-

0.27

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

0.26

Deposit Account [Member]
Noninterest income revenue

2,231

2,186

2,107

2,027

1,969

1,914

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Service, Other [Member]
Noninterest income revenue

1,561

1,503

1,476

1,442

1,367

1,164

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-