Melrose bancorp, inc. (MELR)
Income statement / Quarterly
Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Sep'13Jun'13
Interest and dividend income:
Interest and fees on loans

2,639

2,580

2,559

2,422

2,314

2,143

2,139

2,010

1,876

1,798

1,737

1,563

1,453

1,348

1,289

1,194

1,163

1,187

1,153

1,144

1,147

1,166

1,181

Interest and dividends on securities:
Taxable

155

153

137

137

122

136

129

140

129

152

164

193

231

224

223

198

201

209

173

173

192

194

184

Tax-exempt

16

17

16

16

16

18

18

16

17

14

15

15

15

10

8

8

5

-

-

-

-

-

-

Other interest

100

89

100

71

53

58

62

29

21

13

13

16

13

8

7

12

8

13

4

5

3

7

7

Total interest and dividend income

2,910

2,839

2,812

2,646

2,505

2,355

2,348

2,195

2,043

1,977

1,929

1,787

1,712

1,590

1,527

1,412

1,377

1,410

1,330

1,322

1,342

1,367

1,372

Interest expense:
Interest on deposits

950

872

753

599

511

514

479

437

423

432

429

396

361

333

326

318

299

308

317

313

328

396

400

Interest on Federal Home Loan Bank advances

167

177

201

201

134

112

112

62

44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

1,117

1,049

954

800

645

626

591

499

467

454

429

396

361

333

326

318

299

308

317

313

328

396

400

Net interest and dividend income

1,793

1,790

1,858

1,846

1,860

1,729

1,757

1,696

1,576

1,523

1,500

1,391

1,351

1,257

1,201

1,094

1,078

1,102

1,013

1,009

1,014

971

972

Provision for loan losses

31

-37

53

132

41

151

3

111

-20

-

-

-

59

-

-

-

-

-

-

-

-

-

-

Net interest and dividend income after (benefit) provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

1,292

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

117

103

-

-

35

9

-

-

-

8

-

-

-

Provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

5

16

Net interest and dividend income after provision for loan losses

1,762

1,827

1,805

1,714

1,819

1,578

1,754

1,585

1,596

-

1,383

1,288

-

1,241

1,166

1,085

1,078

1,102

1,013

1,001

1,012

966

956

Noninterest income:
Fees and service charges

22

24

19

23

24

-

22

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees and service charges

-

-

-

-

-

-

-

-

19

19

21

17

19

22

25

24

20

26

30

36

21

26

22

Gain on sales and calls of available-for-sale securities, net

-

151

103

133

106

190

388

343

464

-

279

293

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of securities, net

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

407

1

-

-

-

-

-

-

Writedown of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

377

-

-

-

0

-

-

-

Gain on sales of loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

0

10

9

25

28

Income on bank-owned life insurance

27

83

24

23

30

28

84

28

22

74

22

24

21

75

23

22

20

72

22

20

23

19

19

Gain on equity securities

128

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

7

1

3

3

6

4

0

2

2

5

2

2

5

2

56

3

2

13

2

2

7

4

19

Total noninterest income

184

259

149

182

166

249

494

393

507

530

324

336

45

16

104

79

43

117

54

68

60

74

88

Noninterest expense:
Salaries and employee benefits

953

881

827

870

828

812

807

814

807

695

708

687

682

634

617

573

587

647

522

448

546

529

465

Occupancy expense

80

79

85

81

77

68

155

82

70

72

80

76

72

81

73

80

77

67

69

70

73

73

76

Equipment expense

21

20

20

19

15

13

11

10

11

10

9

9

9

13

13

11

12

11

19

12

13

12

12

Data processing expense

111

117

113

96

106

104

100

101

95

101

97

90

82

84

84

74

77

70

70

79

74

94

67

Advertising expense

51

55

52

58

49

47

45

56

45

32

36

38

40

40

43

32

28

32

30

30

28

28

25

Printing and supplies

11

13

11

17

16

9

9

12

18

13

8

11

7

12

12

23

6

13

5

10

9

7

10

FDIC assessment

22

22

22

22

22

10

15

15

25

30

30

30

26

26

28

28

29

29

30

28

27

27

27

Audits and examinations

60

57

57

57

57

51

50

50

50

49

67

48

48

-7

48

47

42

31

42

30

27

27

29

Other professional services

90

112

83

80

80

90

80

75

75

56

35

187

50

90

30

30

27

11

16

19

18

16

11

Other expense

111

116

85

97

72

72

45

62

44

47

29

36

40

39

25

29

28

57

35

42

29

28

37

Total noninterest expense

1,510

1,472

1,355

1,397

1,322

1,276

1,317

1,277

1,240

1,105

1,099

1,212

1,056

1,012

973

927

913

2,330

838

768

844

841

759

Income before income tax expense

436

614

599

499

663

551

931

701

863

917

608

412

281

245

297

237

208

-

229

301

-

-

-

Income before income tax expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

228

199

285

Income tax expense

113

145

157

123

180

325

300

280

337

348

222

138

88

91

91

88

59

-418

69

99

69

63

89

Net income

323

469

442

376

483

226

631

421

526

569

386

274

193

154

206

149

149

-693

160

202

159

136

196

Weighted average common shares outstanding:
Basic

2,314

2,361

2,378

2,386

2,377

2,372

2,368

2,366

2,362

2,355

2,366

2,457

2,527

-

2,610

2,610

-

-

-

-

-

-

-

Diluted

2,338

2,387

2,411

2,419

2,406

2,372

2,380

2,370

2,366

2,357

2,367

2,458

2,527

-

2,610

2,610

-

-

-

-

-

-

-

Earnings per share:
Basic

0.14

0.19

0.19

0.16

0.20

0.09

0.27

0.18

0.22

0.24

0.16

0.11

0.08

0.05

0.08

0.06

0.06

-

-

-

-

-

-

Diluted

0.14

0.20

0.18

0.16

0.20

0.09

0.27

0.18

0.22

0.24

0.16

0.11

0.08

0.05

0.08

0.06

0.06

-

-

-

-

-

-

Dividends per share

0.34

-

-

-

0.34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends per share

-

-

0.00

0.34

-

-

0.00

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-