Marlin business services corp. (MRLN)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest income

107,420

97,025

87,455

-

-

-

-

-

-

-

-

Fee income

15,205

15,843

14,864

-

-

-

-

-

-

-

-

Interest income

-

-

-

74,709

66,662

66,764

63,685

52,975

44,269

47,296

66,039

Fee income

-

-

-

15,543

-

-

-

-

-

-

-

Fee income

-

-

-

-

15,291

14,920

13,390

11,976

12,254

14,041

17,405

Interest and fee income

122,625

112,868

102,319

90,252

81,953

81,684

77,075

64,951

56,523

61,337

83,444

Interest expense

25,033

17,414

11,180

7,778

5,696

4,965

4,545

6,882

11,416

15,613

27,338

Net interest and fee income

97,592

95,454

91,139

82,474

76,257

76,719

72,530

58,069

45,107

45,724

56,106

Provision for credit losses

28,036

19,522

18,394

12,414

9,995

9,116

9,617

5,920

4,134

9,438

27,189

Net interest and fee income after provision for credit losses

69,556

75,932

72,745

70,060

66,262

67,603

62,913

52,149

40,973

36,286

28,917

Non-interest income:
Gain on leases sold

22,210

8,363

2,818

-

-

-

-

-

-

-

-

Insurance premiums written and earned

8,796

8,087

7,155

6,398

5,940

5,463

4,924

4,101

3,759

4,106

5,330

Gain (loss) on derivatives

-

-

-

-

-

-

-2

-6

-53

-

-

Gain (loss) on derivatives

-

-

-

-

-

-

-

-

-

-116

-1,959

Other income

13,025

4,984

6,759

3,360

1,869

1,614

1,676

1,869

1,945

1,295

1,525

Noninterest Income

44,031

21,434

16,732

9,758

7,809

7,077

6,598

5,964

5,651

5,285

4,896

Non-interest expense:
Salaries and benefits

44,168

39,750

37,569

31,912

31,174

26,628

27,680

24,862

22,539

19,966

19,071

General and administrative

32,566

24,915

28,272

19,523

17,451

15,606

14,725

13,547

13,044

12,762

12,854

Financing related costs

-

-

-

85

218

1,174

1,106

850

719

680

505

Non-interest expense

76,734

64,665

65,841

51,520

48,843

43,408

43,511

39,259

36,302

33,408

32,430

(Loss) income before income taxes

36,853

32,701

23,636

28,298

25,228

31,272

26,000

18,854

10,322

8,163

1,383

Income tax expense

9,737

7,721

-1,656

11,019

9,262

11,922

9,769

7,157

4,147

2,495

347

Net income

27,116

24,980

25,292

17,279

15,966

19,350

16,231

11,697

6,175

5,668

1,036

Basic (loss) earnings per share

2.21

2.01

2.02

1.38

1.25

1.50

1.26

0.92

0.48

0.44

0.08

Diluted (loss) earnings per share

2.20

2.00

2.01

1.38

1.25

1.49

1.25

0.91

0.48

0.44

0.08

Cash dividends declared and paid per share

-

-

-

-

-

-

-

-

-

0.00

-

Cash dividends declared per share

-

-

-

-

-

-

-

-

-

-

0.00