Marlin business services corp. (MRLN)
Income statement / Quarterly
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'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income

26,465

26,747

27,708

-

25,883

-

24,836

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee income

2,766

3,787

3,869

-

4,042

-

3,930

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest income

-

-

-

27,082

-

24,946

-

23,964

23,279

-

22,363

21,567

20,531

20,188

18,803

18,187

17,531

16,997

16,690

16,488

16,487

16,582

16,705

16,740

16,737

16,610

16,286

15,732

15,057

14,404

13,688

12,831

12,052

11,433

11,073

10,863

10,900

11,421

11,994

Fee income

-

-

-

3,507

-

4,078

-

3,876

3,959

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fee income

-

-

-

-

-

-

-

-

-

-

3,780

3,745

3,530

-

3,944

3,969

3,834

3,529

3,915

3,727

4,120

3,904

3,881

3,450

3,685

3,657

3,410

3,148

3,175

3,122

2,966

2,774

3,114

3,091

3,105

2,926

3,132

3,567

3,501

Interest and fee income

29,231

30,534

31,577

30,589

29,925

29,024

28,766

27,840

27,238

26,803

26,143

25,312

24,061

23,984

22,747

22,156

21,365

20,526

20,605

20,215

20,607

20,486

20,586

20,190

20,422

20,267

19,696

18,880

18,232

17,526

16,654

15,605

15,166

14,524

14,178

13,789

14,032

14,988

15,495

Interest expense

5,680

6,102

6,561

6,408

5,962

5,349

4,955

3,711

3,399

3,228

3,000

2,612

2,340

2,174

2,055

1,857

1,692

1,609

1,433

1,336

1,318

1,318

1,250

1,216

1,181

1,087

1,036

1,166

1,256

1,465

1,496

1,792

2,129

2,355

2,706

3,063

3,292

3,590

3,955

Net interest and fee income

23,551

24,432

25,016

24,181

23,963

23,675

23,811

24,129

23,839

23,575

23,143

22,700

21,721

21,810

20,692

20,299

19,673

18,917

19,172

18,879

19,289

19,168

19,336

18,974

19,241

19,180

18,660

17,714

16,976

16,061

15,158

13,813

13,037

12,169

11,472

10,726

10,740

11,398

11,540

Provision for credit losses

25,150

-

-

-

5,363

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for credit losses

-

10,255

7,662

4,756

-

5,761

4,893

4,256

4,612

4,516

5,680

4,314

3,884

3,534

3,137

2,668

3,075

2,453

1,986

2,216

3,340

2,554

2,706

2,124

1,732

3,257

2,303

1,893

2,164

2,373

1,414

1,031

1,102

1,194

837

924

1,179

2,083

2,494

Net interest and fee income after provision for credit losses

-1,599

14,177

17,354

19,425

18,600

17,914

18,918

19,873

19,227

19,059

17,463

18,386

17,837

18,276

17,555

17,631

16,598

16,464

17,186

16,663

15,949

16,614

16,630

16,850

17,509

15,923

16,357

15,821

14,812

13,688

13,744

12,782

11,935

10,975

10,635

9,802

9,561

9,315

9,046

Non-interest income:
Gain on leases sold

2,282

-

-

-

3,612

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Insurance premiums written and earned

2,282

2,258

2,230

2,176

2,132

2,108

2,047

1,993

1,939

1,881

1,817

1,751

1,706

1,639

1,567

1,570

1,622

1,646

1,470

1,358

1,466

1,467

1,341

1,338

1,317

1,352

1,186

1,246

1,140

1,042

1,029

1,021

1,009

1,070

761

951

977

985

987

Gain (loss) on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-2

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

-4

-

-8

-38

-5

-9

-25

Other income

7,639

-7,336

8,132

5,025

7,204

-3,346

2,401

2,634

3,295

599

1,785

2,328

2,047

1,347

1,065

493

455

533

572

399

365

438

400

394

382

476

386

400

414

750

452

363

304

655

574

434

282

354

306

Noninterest Income

12,203

13,520

10,362

7,201

12,948

7,125

4,448

4,627

5,234

5,298

3,602

4,079

3,753

2,986

2,632

2,063

2,077

2,179

2,042

1,757

1,831

1,905

1,741

1,732

1,699

1,828

1,572

1,644

1,554

1,787

1,482

1,386

1,309

1,723

1,327

1,347

1,254

1,330

1,268

Non-interest expense:
Salaries and benefits

9,519

9,351

10,897

12,469

11,451

9,908

10,292

9,527

10,023

9,806

9,302

9,070

9,391

8,083

7,817

7,812

8,200

9,884

7,058

7,265

6,967

6,666

6,313

6,463

7,186

8,137

6,601

6,355

6,587

6,179

5,988

5,633

7,062

5,659

5,559

5,384

5,937

4,947

4,588

General and administrative

13,605

7,052

6,092

6,068

13,354

6,450

5,445

6,449

6,571

5,583

6,409

6,110

10,170

5,450

4,980

4,628

4,465

4,671

4,357

4,330

4,093

3,630

3,818

3,969

4,189

3,807

3,475

3,900

3,543

3,374

3,390

3,489

3,294

3,202

3,226

3,145

3,471

3,156

3,073

Goodwill Impairment Loss

6,735

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing related costs

-

-

-

-

-

-

-

-

-

-

-

0

0

0

17

34

34

34

34

42

108

294

297

293

290

297

296

274

239

213

250

186

201

196

177

157

189

131

155

Non-interest expense

29,859

16,403

16,989

18,537

24,805

16,358

15,737

15,976

16,594

15,389

15,711

15,180

19,561

13,533

12,814

12,474

12,699

14,589

11,449

11,637

11,168

10,590

10,428

10,725

11,665

12,241

10,372

10,529

10,369

9,766

9,628

9,308

10,557

9,057

8,962

8,686

9,597

8,234

7,816

(Loss) income before income taxes

-19,255

11,294

10,727

8,089

6,743

8,681

7,629

8,524

7,867

8,968

5,354

7,285

2,029

7,729

7,373

7,220

5,976

4,054

7,779

6,783

6,612

7,929

7,943

7,857

7,543

5,510

7,557

6,936

5,997

5,709

5,598

4,860

2,687

3,641

3,000

2,463

1,218

2,411

2,498

Income tax expense

-7,434

2,880

3,281

1,974

1,602

2,259

1,723

2,057

1,682

-6,926

2,049

2,732

489

2,914

3,028

2,752

2,325

1,089

2,982

2,634

2,557

3,062

3,039

2,921

2,900

2,084

2,870

2,469

2,346

2,064

2,183

1,872

1,038

1,581

1,169

933

464

977

947

Net income

-11,821

8,414

7,446

6,115

5,141

6,422

5,906

6,467

6,185

15,894

3,305

4,553

1,540

4,815

4,345

4,468

3,651

2,965

4,797

4,149

4,055

4,867

4,904

4,936

4,643

3,426

4,687

4,467

3,651

3,645

3,415

2,988

1,649

2,060

1,831

1,530

754

1,434

1,551

Basic (loss) earnings per share

-1.00

0.69

0.61

0.50

0.42

0.52

0.48

0.52

0.50

1.28

0.26

0.36

0.12

0.38

0.35

0.36

0.29

0.24

0.38

0.32

0.31

0.38

0.38

0.38

0.36

0.25

0.37

0.35

0.29

0.28

0.27

0.24

0.13

0.16

0.14

0.12

0.06

0.11

0.12

Diluted (loss) earnings per share

-1.00

0.69

0.60

0.49

0.41

0.51

0.47

0.52

0.50

1.27

0.26

0.36

0.12

0.38

0.35

0.36

0.29

0.24

0.38

0.32

0.31

0.37

0.38

0.38

0.36

0.27

0.36

0.34

0.28

0.28

0.27

0.23

0.13

0.16

0.14

0.12

0.06

0.11

0.12

Cash dividends declared and paid per share

-

-

-

-

-

-

-

-

-

-

0.14

0.14

0.14

-

0.14

0.14

0.14

-

2.14

0.12

0.12

-

0.12

0.11

0.11

-

2.11

0.10

0.10

-

0.08

0.06

0.06

-

-

-

-

-

-

Cash dividends declared per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00

-

-

Weighted average shares used in computing basic earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,872

12,832

Weighted average shares used in computing diluted earnings per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,933

12,904