MBT Financial Corp MBTF Income Statement

Mbt financial corp (MBTF)

Income statement / TTM

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
Interest and fees on loans
37,941	36,963	35,609	34,249	33,180	32,153	31,300	30,681	30,124	29,594	29,265	28,953	28,640	28,615	29,012	28,907	28,937	28,804	28,451	28,719	29,069	29,647	30,470	31,383	32,474	33,813	35,050	36,115	37,445	38,499	39,712	41,957	43,573	0	0	0
Interest on investment securities-
Tax-exempt
1,290	1,562	1,670	1,618	1,530	1,393	1,299	1,260	1,249	1,246	1,241	1,214	1,176	1,146	1,116	1,105	1,115	1,139	1,171	1,201	1,226	1,239	1,255	1,275	1,303	1,348	1,405	1,422	1,427	1,423	1,415	1,495	1,625	0	0	0
Taxable
5,758	7,465	8,501	8,617	8,551	8,649	8,707	8,584	8,500	8,533	8,791	9,221	9,688	9,906	9,808	9,576	9,361	9,125	8,815	8,524	8,123	7,718	7,367	7,245	7,318	7,518	7,885	8,094	8,250	8,376	8,282	7,953	8,256	0	0	0
Interest on balances due from banks
3,753	1,598	514	478	467	510	494	504	493	554	562	491	344	196	105	80	88	96	102	101	94	109	146	181	212	221	195	184	172	156	151	146	130	0	0	0
Total interest income
48,742	47,588	46,294	44,962	43,728	42,705	41,800	41,029	40,366	39,927	39,859	39,879	39,848	39,863	40,041	39,668	39,501	39,164	38,539	38,545	38,512	38,713	39,238	40,084	41,307	42,900	44,535	45,815	47,294	48,454	49,560	51,551	53,584	0	0	0
Interest Expense
Interest on deposits
2,115	1,958	1,804	1,684	1,655	1,689	1,731	1,762	1,815	1,867	1,928	2,016	2,098	2,231	2,359	2,512	2,717	2,899	3,109	3,376	3,642	3,956	4,314	4,727	5,182	5,704	6,330	7,041	8,199	9,522	10,698	11,900	12,590	0	0	0
Interest on borrowed funds
482	509	451	319	100	12	6	3	3	132	308	486	664	709	707	707	707	717	729	741	755	1,105	1,723	2,369	3,055	3,431	3,556	3,617	3,603	3,646	3,735	3,927	5,038	0	0	0
Total interest expense
2,597	2,467	2,255	2,003	1,755	1,701	1,737	1,765	1,818	1,999	2,236	2,502	2,762	2,940	3,066	3,219	3,424	3,616	3,838	4,117	4,397	5,061	6,037	7,096	8,237	9,135	9,886	10,658	11,802	13,168	14,433	15,827	17,628	0	0	0
Net Interest Income
46,145	45,121	44,039	42,959	41,973	41,004	40,063	39,264	38,548	37,928	37,623	37,377	37,086	36,923	36,975	36,449	36,077	35,548	34,701	34,428	34,115	33,652	33,201	32,988	33,070	33,765	34,649	35,157	35,492	35,286	35,127	35,724	35,956	0	0	0
Provision For (Recovery Of) Loan Losses
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Recovery Of Loan Losses
-	-	-100	-600	-600	-600	-700	-900	-1,100	0	-	0	0	-	-3,000	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision For (Recovery Of) Loan Losses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	4,600	5,950	6,600	7,350	7,350	8,500	10,300	13,800	18,764	19,814	0	0	0
Net Interest Income After Net Interest Income After Recovery Of Loan Losses
46,145	45,121	44,139	43,559	42,573	41,604	40,763	40,464	40,448	40,028	39,823	40,577	39,786	39,423	39,975	37,449	37,577	36,948	35,201	34,828	33,615	32,852	31,001	28,388	27,120	27,165	27,299	27,807	26,992	24,986	21,327	16,960	16,142	0	0	0
Other Income
Net loss on sales and redemptions of securities available for sale
-12,358	-12,359	-814	-966	-725	-657	-546	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management income
-	-	-	-	-	-	-	-	-	-	-	4,499	4,517	4,603	4,728	4,829	4,860	4,837	4,749	4,574	4,461	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Service charges and other fees
-	-	-	-	-	-	-	-	-	-	-	4,257	4,273	4,287	4,173	4,083	4,003	3,941	3,979	4,082	4,086	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Income from wealth management services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	3,823	3,732	3,900	3,919	3,891	4,060	0	0	0
Service charges and other fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-
Debit card income
-	-	-	-	-	-	-	-	-	-	-	2,819	2,692	2,548	2,438	2,335	2,298	2,249	2,174	2,099	2,055	2,043	2,032	2,011	2,012	0	-	0	0	-	-	-	-	-	-	-
Service charges and other fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,935	5,010	0	0	0
Net (loss) gain on sales of securities
-	-	-	-	-	-	-	-	-	-	-	2,283	2,212	482	398	364	-672	-475	-654	-626	536	471	424	347	304	190	1,280	1,672	2,128	2,117	1,084	834	3,070	0	0	0
Collection expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	240	259	218	233	248	303	0	0	0
Net gain on sales of Other Real Estate Owned
19	532	542	603	610	31	-22	-113	-124	-63	-85	0	0	0	-	-	-	-	-946	-1,067	-1,065	-1,470	-1,442	-1,545	-1,286	-769	-1,078	-1,490	-1,935	-2,589	-3,561	-4,019	-4,155	0	0	0
Origination fees on mortgage loans sold
-	-	-	-	-	-	-	-	-	-	-	544	579	580	579	598	494	445	378	326	379	475	702	884	1,049	1,069	902	835	639	521	482	460	495	0	0	0
Bank owned life insurance income
1,898	1,396	1,411	1,900	1,927	1,990	1,978	1,486	1,461	1,411	1,425	1,431	1,437	1,437	1,353	1,345	1,344	1,333	1,416	1,411	1,417	1,430	1,466	1,497	1,509	1,478	1,458	3,478	3,508	3,565	3,607	1,900	1,945	0	0	0
Other real estate owned rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	217	-176	-113	38	436	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate owned rent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
2,464	2,357	2,298	2,267	2,051	2,021	2,043	2,026	2,033	1,986	1,950	1,674	1,696	1,739	1,725	1,992	1,937	1,904	1,821	1,825	1,799	1,810	1,858	1,077	1,186	1,235	1,725	1,369	1,907	2,565	2,535	4,201	4,141	0	0	0
Total other income (loss)
3,925	3,869	15,540	15,884	15,879	15,846	15,882	16,030	16,034	17,219	17,513	17,627	17,566	15,816	15,327	15,388	13,535	13,314	13,353	13,108	14,467	14,125	14,489	13,849	14,388	14,710	15,359	18,654	18,950	19,244	18,230	16,221	18,721	0	0	0
Other Expenses
Salaries and employee benefits
22,380	22,446	22,344	22,094	22,026	21,928	21,400	21,932	22,133	22,259	22,443	22,308	22,488	22,839	23,095	23,393	23,330	23,384	23,238	22,836	22,515	21,925	21,520	21,032	20,791	20,530	20,313	19,992	19,801	19,732	19,475	19,328	19,102	0	0	0
Occupancy expense
2,715	2,681	2,673	2,702	2,736	2,798	2,825	2,852	2,826	2,777	2,730	2,698	2,678	2,651	2,770	2,770	2,748	2,812	2,736	2,777	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Occupancy expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	2,915	2,989	3,051	3,103	2,932	2,854	0	0	0
Equipment expense
3,571	3,549	3,429	3,403	3,305	3,222	3,126	3,009	2,957	2,892	2,879	2,935	2,912	2,976	3,026	2,957	2,972	2,844	2,727	2,657	2,584	2,596	2,679	2,713	2,740	2,812	2,915	3,003	3,048	3,050	2,941	2,944	3,019	0	0	0
Marketing expense
1,226	1,504	1,589	1,594	1,580	1,415	1,322	1,280	1,185	1,169	1,144	1,108	1,095	1,117	1,104	1,020	978	882	839	817	772	765	725	725	696	666	701	678	741	801	849	925	967	0	0	0
Professional fees
3,001	3,134	2,885	2,296	2,316	2,344	2,339	2,250	2,139	2,075	2,138	2,190	2,212	2,206	2,130	2,119	2,319	2,290	2,132	2,007	1,853	1,882	1,965	2,195	2,202	2,176	2,263	2,290	2,296	2,366	2,477	2,382	2,350	0	0	0
EFT/ATM expense
1,201	1,192	1,160	1,103	1,062	1,033	1,022	1,004	983	961	1,022	1,027	901	782	563	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Real Estate Owned expenses
90	107	100	83	91	100	117	114	116	116	148	137	161	310	372	524	652	834	1,047	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other real estate owned expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,067	1,255	1,401	1,496	1,908	2,144	2,269	2,108	2,022	2,037	0	0	0
FDIC Deposit Insurance Assessment
372	373	391	403	413	428	428	349	421	505	567	714	747	985	1,230	1,469	1,532	1,723	1,949	2,230	2,650	2,724	2,773	2,755	2,754	2,754	2,744	2,760	2,684	2,780	2,947	3,283	3,276	0	0	0
Bonding and other insurance expense
762	826	529	517	508	496	486	490	488	577	577	660	745	758	866	918	973	1,001	1,035	1,044	1,052	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Telephone expense
333	329	324	316	315	344	385	403	415	403	413	417	435	453	422	436	431	426	474	567	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Bonding and other insurance expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Telephone expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Debt prepayment penalties
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other
2,257	2,412	2,611	2,738	2,691	2,757	2,685	2,606	2,650	2,443	2,537	2,620	2,632	2,787	2,622	2,426	2,402	2,320	2,309	2,599	2,542	2,647	2,683	1,685	2,200	2,650	3,124	4,191	3,824	3,612	3,486	3,629	3,843	0	0	0
Total other expenses
37,908	38,553	38,035	37,249	37,043	36,865	36,135	36,289	36,313	36,177	36,598	36,814	37,006	37,864	38,200	38,530	38,726	38,787	38,667	38,694	38,663	38,307	38,066	36,517	36,875	37,062	37,616	41,106	41,360	42,107	42,819	41,712	44,398	0	0	0
Income Before Income Taxes
12,162	10,437	21,644	22,194	21,409	20,585	20,510	20,205	20,169	21,070	20,738	21,390	20,346	17,375	17,102	14,307	12,386	11,475	9,887	9,242	9,419	8,670	7,424	5,720	4,633	4,813	5,042	5,355	4,582	2,123	-3,262	-8,531	0	0	0	-
Loss Before Income Taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Income Tax Expense
2,114	1,781	3,945	8,517	8,773	9,254	9,901	5,874	6,084	6,386	6,237	6,453	6,090	5,073	5,020	4,090	3,463	3,150	2,572	2,436	-16,962	-17,520	-18,113	-23,864	-5,052	-3,629	-3,503	2,066	2,049	626	500	0	0	0	0	0
Net Income
10,048	8,656	17,699	13,677	12,636	11,331	10,609	14,331	14,085	14,684	14,501	14,937	14,256	12,302	12,082	10,217	8,923	8,325	7,315	6,806	26,381	26,190	25,537	29,584	9,685	8,442	8,545	3,289	2,533	1,497	-3,762	-8,531	-9,535	0	0	0
Other Comprehensive Income - Net of Tax
Unrealized gains (losses) on securities
2,733	1,078	-3,513	-8,816	-7,523	-4,897	1,094	-6,133	-6,337	-6,271	-3,731	1,991	7,051	1,242	-144	5,238	412	7,615	8,233	3,475	4,587	-7,210	-11,315	-9,314	-8,883	30	171	2,634	4,999	0	-	0	0	-	-	-
Reclassification adjustment for losses included in net income
-9,763	-9,764	-644	-663	-493	-448	-361	145	104	1,216	1,420	1,507	1,459	318	263	240	-443	-314	-432	-413	354	312	280	268	200	0	-	0	0	-	-	-	-	-	-	-
Reclassification adjustment for gains included in net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-
Postretirement benefit liability
-1,230	-1,251	-917	355	359	365	370	20	20	20	20	-688	-688	-688	-688	105	106	105	425	-466	-471	-474	-798	430	409	387	366	-209	-208	0	-	0	0	-	-	-
Effect of accounting change on equity securities
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Comprehensive Income (Loss) - Net of Tax
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Comprehensive Income (Loss) - Net of Tax
-	-	-	-9,776	-	-	-	-6,298	-6,461	-7,507	-	1,172	6,280	1,612	281	3,307	2,439	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Comprehensive Income (Loss) - Net of Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-9,973	-9,493	-482	-1,040	1,658	4,069	0	-	0	0	-	-	-
Unrealized gains (losses) on securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Postretirement benefit liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Comprehensive Income
23,823	20,798	15,747	3,852	3,930	5,200	10,426	8,033	7,624	7,177	9,330	16,109	20,536	13,914	12,363	15,110	9,672	16,149	15,555	11,160	31,085	19,142	14,740	19,611	192	7,960	7,505	3,984	3,620	5,290	1,660	0	0	0	-	-
Basic Earnings Per Common Share (in dollars per share)
0.27	-0.22	0.17	0.21	0.22	0.17	-0.01	0.17	0.16	0.14	0.16	0.16	0.19	0.13	0.18	0.13	0.10	0.12	0.09	0.08	0.08	0.08	0.10	1.19	0.08	0.06	0.33	0.08	0.01	0.07	0.02	0.04	-0.05	-0.23	-0.27	-0.02
Diluted Earnings Per Common Share (in dollars per share)
0.27	-0.22	0.18	0.21	0.21	0.17	-0.01	0.17	0.16	0.14	0.16	0.16	0.18	0.13	0.18	0.13	0.10	0.12	0.10	0.07	0.08	0.08	0.09	1.18	0.08	0.06	0.33	0.08	0.01	0.07	0.02	0.04	-0.05	-0.23	-0.27	-0.02
Dividends Declared Per Share of Common Stock (in dollars per share)
0.10	0.10	-	0.10	0.07	0.66	-	0.06	0.05	0.75	-	0.04	0.03	0.53	-	0.00	0.00	-	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	-	0.00	0.00	0.00	0.00	0.00
Fiduciary and Trust [Member]
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposit Account [Member]
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card [Member]
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noninterest income
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-