| Sep'19 | Sep'18 | Sep'17 | Sep'16 | Sep'15 | Sep'14 | Sep'13 | Sep'12 | Sep'11 | Sep'10 |
|---|---|---|---|---|---|---|---|---|---|
Interest and dividend income | |||||||||
Loans, including fees | |||||||||
25,154 | 22,604 | 20,297 | 18,765 | 17,987 | 18,006 | 17,988 | 18,730 | 20,033 | 22,521 |
Investment securities | |||||||||
Taxable | |||||||||
1,800 | 1,612 | 1,562 | 1,589 | 1,367 | 1,431 | 1,580 | 1,968 | 2,046 | 2,439 |
Tax-exempt | |||||||||
- | - | - | - | - | 0 | 1 | 3 | 5 | 6 |
Federal Home Loan Bank of New York stock | |||||||||
149 | 134 | 119 | 97 | 83 | 93 | 105 | 104 | 149 | 159 |
Total interest and dividend income | |||||||||
27,103 | 24,350 | 21,978 | 20,451 | 19,437 | 19,530 | 19,674 | 20,805 | 22,233 | 25,125 |
Interest expense | |||||||||
Deposits | |||||||||
5,921 | 3,896 | 3,053 | 2,788 | 2,446 | 2,421 | 3,051 | 3,940 | 5,103 | 6,583 |
Borrowings | |||||||||
789 | 753 | 720 | 744 | 750 | 1,039 | 1,301 | 1,869 | 2,303 | 2,728 |
Total interest expense | |||||||||
6,710 | 4,649 | 3,773 | 3,532 | 3,196 | 3,460 | 4,352 | 5,809 | 7,406 | 9,311 |
Net interest and dividend income | |||||||||
20,393 | 19,701 | 18,205 | 16,919 | 16,241 | 16,070 | 15,322 | 14,996 | 14,827 | 15,814 |
Provision for loan losses | |||||||||
668 | 997 | 1,343 | 1,366 | 1,264 | 1,387 | 2,111 | 1,461 | 1,748 | 2,729 |
Net interest and dividend income after provision for loan losses | |||||||||
19,725 | 18,704 | 16,862 | 15,553 | 14,977 | 14,683 | 13,211 | 13,535 | 13,079 | 13,085 |
Other income | |||||||||
Service charges | |||||||||
1,374 | 1,097 | 1,256 | - | - | - | - | - | - | - |
Service charges | |||||||||
- | - | - | 1,023 | 981 | 773 | 881 | 997 | 1,187 | 979 |
Income on bank owned life insurance | |||||||||
304 | 293 | 293 | 295 | 304 | 316 | 332 | 350 | 354 | - |
Other operating income | |||||||||
148 | 131 | 126 | 130 | 121 | 149 | 110 | 67 | 80 | 483 |
Gains on sales of loans | |||||||||
193 | 493 | 324 | 625 | 542 | 163 | 406 | 466 | 745 | 266 |
Gains on sales of investment securities | |||||||||
117 | 107 | 0 | - | - | - | - | - | - | - |
Gains on sales of investment securities | |||||||||
- | - | - | 72 | 42 | 36 | 121 | 286 | 133 | 501 |
Total other income | |||||||||
2,136 | 2,121 | 1,999 | 2,145 | 1,990 | - | - | - | - | - |
Losses on OREO | |||||||||
- | - | - | - | - | - | - | - | - | 61 |
Total other income | |||||||||
- | - | - | - | - | 1,437 | 1,850 | 2,166 | 2,499 | 2,290 |
Other expenses | |||||||||
Compensation and employee benefits | |||||||||
10,133 | 9,687 | 9,084 | 8,482 | 8,140 | 7,704 | 7,423 | 7,319 | 7,570 | 7,473 |
Occupancy expenses | |||||||||
2,983 | 2,941 | 2,803 | 2,727 | 2,834 | 2,879 | 2,805 | 2,874 | 2,765 | 2,671 |
Advertising | |||||||||
- | - | - | - | - | - | - | - | - | 157 |
Professional fees | |||||||||
1,101 | 1,026 | 1,018 | 984 | 1,069 | 1,031 | 881 | 978 | 1,005 | 1,120 |
Data processing expenses | |||||||||
648 | 581 | 513 | 486 | 520 | 576 | 576 | 553 | 559 | - |
OREO expenses | |||||||||
334 | 540 | 592 | 770 | 447 | 563 | 629 | 810 | 888 | 309 |
FDIC deposit insurance premiums | |||||||||
326 | 426 | 498 | 720 | 721 | 716 | 702 | 706 | 1,135 | 1,266 |
Loan servicing expenses | |||||||||
286 | 322 | 269 | 220 | 276 | 490 | 309 | 342 | 392 | 570 |
Insurance expense | |||||||||
205 | 206 | 233 | 253 | 235 | 225 | 228 | 238 | 268 | - |
Other expenses | |||||||||
1,584 | 1,595 | 1,434 | 1,301 | 1,415 | 1,177 | 1,225 | 1,250 | 1,202 | 1,608 |
Total other expenses | |||||||||
17,600 | 17,324 | 16,444 | 15,943 | 15,657 | - | - | - | - | - |
Total other expenses | |||||||||
- | - | - | - | - | 15,361 | 14,778 | 15,070 | 15,784 | 15,174 |
Income before income tax expense | |||||||||
4,261 | 3,501 | 2,417 | 1,755 | 1,310 | 759 | 283 | 630 | -206 | 201 |
Income tax expense | |||||||||
1,265 | 1,471 | 994 | 664 | 413 | 185 | 21 | 121 | 43 | -3,741 |
Net income | |||||||||
2,996 | 2,030 | 1,423 | 1,091 | 897 | 574 | 262 | 509 | -249 | 3,942 |
Net income per share-basic and diluted | |||||||||
0.51 | 0.35 | 0.24 | 0.19 | 0.15 | 0.10 | 0.05 | 0.09 | -0.04 | 0.68 |
Weighted average basic and diluted shares outstanding | |||||||||
5,820 | 5,820 | 5,820 | - | - | - | - | - | - | - |