Malvern bancorp, inc. (MLVF)
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'11
Interest and Dividend Income
Loans, including fees

44,286

44,360

43,574

42,212

40,177

38,256

36,862

35,736

34,602

33,229

30,841

27,906

25,220

22,974

21,206

19,354

17,822

16,827

16,484

16,644

17,092

17,411

17,736

18,155

18,610

19,166

20,172

21,159

22,122

23,152

24,046

0

0

0

Investment securities, taxable

927

946

982

1,022

1,063

1,115

1,094

1,029

1,151

1,319

1,561

1,875

2,096

2,421

2,824

3,235

3,451

3,434

3,073

2,637

2,297

2,068

2,109

2,169

2,154

1,971

1,745

1,553

1,436

1,497

1,600

0

0

0

Investment securities, tax-exempt

162

185

207

227

239

247

251

261

300

394

492

596

688

719

751

794

774

680

522

313

170

128

145

199

227

230

228

207

173

122

74

0

0

0

Dividends, restricted stock

706

682

627

584

555

531

467

398

332

262

257

260

261

260

250

249

249

328

311

280

269

146

123

96

44

28

19

11

0

0

-

0

-

-

Interest-bearing cash accounts

2,440

2,365

2,265

1,541

1,294

1,282

1,356

1,518

1,332

984

631

433

362

288

213

139

84

67

72

76

74

62

54

76

97

121

137

117

0

0

-

0

-

-

Dividends, restricted stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Interest-bearing cash accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Total Interest and Dividend Income

48,521

48,538

47,655

45,586

43,328

41,431

40,030

38,942

37,717

36,188

33,782

31,070

28,627

26,662

25,244

23,771

22,380

21,336

20,462

19,950

19,902

19,815

20,167

20,695

21,132

21,516

22,301

23,049

23,842

24,853

25,775

0

0

0

Interest Expense
Deposits

15,369

15,141

14,348

12,824

11,202

9,989

9,200

8,484

7,825

7,067

6,236

5,625

5,160

4,897

4,537

4,175

3,838

3,536

3,431

3,484

3,621

3,761

3,969

4,191

4,411

4,829

5,279

5,695

6,084

6,356

6,692

0

0

0

Short-term borrowings

-

-

7

21

34

54

68

76

64

53

34

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term borrowings

3,060

2,847

2,693

2,443

2,296

2,270

2,200

2,209

2,215

2,197

2,176

2,179

2,204

2,225

2,195

2,126

2,014

1,936

1,817

1,614

1,441

1,232

1,102

0

0

0

-

-

-

0

-

0

0

-

Subordinated debt

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Subordinated Debt

-

-

-

1,532

-

-

-

1,540

1,557

1,392

1,000

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

Long-term borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Total Interest Expense

19,961

19,522

18,580

16,820

15,047

13,831

12,995

12,309

11,661

10,709

9,446

8,420

7,596

7,122

6,732

6,301

5,852

5,472

5,248

5,098

5,062

4,993

5,071

5,389

5,750

6,327

6,944

7,403

7,793

8,072

8,412

0

0

0

Net Interest Income

28,560

29,016

29,075

28,766

28,281

27,600

27,035

26,633

26,056

25,479

24,336

22,650

21,031

19,540

18,512

17,470

16,528

15,864

15,214

14,852

14,840

14,822

15,096

15,306

15,382

15,189

15,357

15,646

16,049

16,781

17,363

0

0

0

Provision for Loan Losses

2,831

3,076

2,379

2,968

0

0

-

0

0

-

2,791

2,402

2,229

1,607

947

847

375

0

90

273

273

273

263

10,060

9,870

10,915

11,235

1,590

2,105

0

-

0

0

-

Provision (Credit) for Loan Losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Net Interest Income after Provision for Loan losses

25,729

25,940

26,696

26,262

25,244

25,193

26,081

25,315

24,682

23,348

21,545

20,248

18,802

17,933

17,565

16,623

16,153

15,864

15,124

14,579

14,567

14,549

14,833

5,246

5,512

4,274

4,122

13,941

13,819

15,271

16,553

0

0

0

Other Income
Service charges and other fees

1,481

1,115

1,796

1,660

1,938

1,937

1,268

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges and other fees

-

-

-

-

-

-

-

-

-

-

-

-

982

935

-

834

893

930

989

1,055

999

959

947

978

992

976

1,049

994

968

1,021

897

0

0

0

Rental income

221

230

243

256

266

269

268

262

250

238

227

217

221

216

211

215

221

235

249

253

255

255

255

254

253

252

251

249

246

250

253

0

0

0

Net gains on sale of investments

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sale of investments

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate owned expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net gains on sale of real estate

-

-

-

-

-

-

1,186

0

0

0

-

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of investments, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

499

415

620

515

437

361

95

83

59

283

466

479

591

338

323

751

0

0

0

Net gains on sale of real estate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

Loss on disposal of fixed assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Net gains on sale of loans

3

22

37

43

46

53

102

144

172

176

154

132

121

127

116

137

133

117

102

68

335

344

352

373

-224

-231

-94

0

0

0

-

-

0

0

Earnings on bank-owned life insurance

499

494

488

484

481

480

480

484

490

496

505

510

513

515

517

672

676

680

680

529

537

546

559

571

591

599

1,176

1,156

1,130

1,114

526

0

0

0

Total Other Income

2,412

1,889

2,592

2,470

2,731

2,739

3,304

3,407

3,506

3,599

2,341

2,424

2,269

2,228

2,333

2,357

2,338

2,582

2,535

2,342

2,446

2,158

2,155

2,194

1,894

2,061

2,860

2,826

0

0

-

0

-

-

Other Expenses
Total Other Income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Salaries and employee benefits

8,716

8,658

8,541

8,622

8,423

8,211

8,193

7,740

7,589

7,392

7,114

7,058

6,785

6,503

6,290

6,008

5,741

5,769

5,998

6,247

6,909

7,431

7,770

8,245

8,150

8,025

7,806

7,435

7,224

7,000

6,741

0

0

0

Occupancy expense

2,313

2,299

2,256

2,246

2,263

2,272

2,295

2,268

2,224

2,152

2,084

2,013

1,949

1,891

1,820

1,767

1,705

1,714

1,715

1,711

1,875

1,999

2,091

2,176

2,121

2,061

2,027

2,047

2,051

2,062

2,088

0

0

0

Federal deposit insurance premium

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal deposit insurance premium

-

-

-

291

-

-

298

298

300

316

244

280

242

383

579

702

865

817

784

737

718

711

735

760

787

830

856

858

851

852

867

0

0

0

Advertising

101

99

107

120

120

128

152

147

184

219

216

241

200

152

131

121

149

184

239

285

332

488

561

592

649

715

737

757

758

712

718

0

0

0

Data processing

1,069

1,048

1,024

1,043

1,058

1,074

1,098

1,103

1,137

1,171

1,195

1,194

1,164

1,133

1,128

1,166

1,200

1,231

1,236

1,227

1,210

1,217

1,245

1,249

1,275

1,280

1,269

1,276

1,274

1,287

1,262

0

0

0

Professional fees

1,788

1,741

1,799

1,924

2,607

2,602

2,891

2,799

2,332

2,281

1,894

1,928

1,722

1,684

1,683

1,606

1,555

1,628

1,571

1,708

1,807

2,063

2,205

2,123

2,116

1,877

1,756

1,551

1,374

1,382

1,473

0

0

0

Other real estate owned expense, net

213

242

192

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Pennsylvania shares tax

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other real estate owned (income) expense, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-46

-533

-491

-348

-299

800

1,090

1,226

1,638

1,215

1,346

1,576

1,336

0

0

0

Other operating expenses

3,052

2,978

2,916

3,054

2,863

2,827

2,876

2,996

2,781

2,689

2,572

2,359

2,403

2,293

2,264

2,223

2,241

2,393

2,464

2,694

2,622

2,548

2,336

2,041

2,055

2,121

2,143

2,109

2,051

1,879

1,908

0

0

0

Total Other Expenses

18,010

17,815

17,487

17,471

17,764

17,426

17,803

17,179

16,375

16,048

15,147

15,093

14,485

14,067

13,922

13,617

13,512

13,725

13,961

14,076

14,982

16,109

16,644

19,529

19,786

19,678

19,775

17,248

16,929

16,750

16,393

0

0

0

Income before income tax expense

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

-

4,721

3,698

2,845

2,031

598

344

-12,089

-12,380

-13,343

-12,793

-367

0

0

-

0

-

-

Income before income tax expense

10,131

10,014

11,801

11,261

10,211

10,506

11,582

0

0

0

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax expense

2,083

1,908

2,469

1,986

1,349

1,592

4,276

4,924

5,718

5,652

2,922

-4,234

-5,097

-5,685

-6,174

-970

-970

-970

-970

-371

-371

-370

-367

6,652

6,611

6,067

6,010

-606

0

0

-

0

-

-

(Loss) Income before income tax expense (benefit)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Income tax (benefit) expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net Income

8,048

8,106

9,332

9,275

8,862

8,914

7,306

6,619

6,095

5,247

5,817

11,813

11,683

11,779

12,150

6,333

5,949

5,691

4,668

3,216

2,402

968

711

-18,741

-18,991

-19,410

-18,803

184

315

1,379

1,959

0

0

0

Earnings Per Common Share:
Basic

0.25

0.10

0.34

0.35

0.26

0.27

0.41

0.35

0.31

0.06

0.30

0.27

0.18

0.15

1.24

0.25

0.20

0.21

0.33

0.19

0.16

0.05

0.11

0.06

-0.07

0.01

-3.22

0.02

0.13

0.11

0.04

0.04

0.03

0.20

Diluted

0.25

0.10

0.34

0.35

0.26

0.27

0.41

0.35

0.31

0.06

0.30

0.27

0.18

0.15

1.45

0.25

0.20

0.00

-

-

0.00

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Common Shares Outstanding:
Basic

7,663

7,665

7,662

7,669

7,667

7,555

6,477

6,453

6,448

6,445

6,436

6,443

6,427

6,418

6,414

6,411

6,408

6,402

-

6,395

6,391

-

-

-

-

-

-

-

-

-

-

-

-

-

Diluted

7,663

7,665

7,663

7,670

7,667

7,555

6,479

6,456

6,452

6,450

6,436

6,445

6,427

6,419

12,817

6,411

6,408

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends Declared Per Share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

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

-

-

0.00

0.00

-