MSB FINANCIAL CORP. MSBF Income Statement

Msb financial corp. (MSBF)

Income statement / Quarterly

Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10
Interest Income:
Loans receivable, including fees
2,508	2,537	2,512	2,497	2,549	2,499	2,488	2,473	2,594	2,618	2,750	2,794	2,876	3,010	3,103	3,174	3,314	3,374	3,444
Securities held to maturity
404	423	452	466	466	486	452	408	371	360	365	455	471	518	485	424	437	421	432
Other
22	21	23	21	23	20	25	24	20	22	27	22	23	21	23	24	25	31	27
Total Interest Income
2,934	2,981	2,987	2,984	3,038	3,005	2,965	2,905	2,985	3,000	3,142	3,271	3,370	3,549	3,611	3,622	3,776	3,826	3,903
Interest Expense
Deposits
365	389	395	393	394	423	445	462	473	517	555	585	617	710	740	784	838	907	1,013
Borrowings
189	193	196	195	191	194	187	195	175	172	172	169	170	172	173	170	169	172	173
Total Interest Expense
554	582	591	588	585	617	632	657	648	689	727	754	787	882	913	954	1,007	1,079	1,186
Net Interest Income
2,380	2,399	2,396	2,396	2,453	2,388	2,333	2,248	2,337	2,311	2,415	2,517	2,583	2,667	2,698	2,668	2,769	2,747	2,717
(Credit) provision for Loan Losses
-52	0	100	150	150	150	150	150	175	2,973	746	758	471	375	613	461	400	350	475
Net Interest Income after Provision for Loan Losses
2,432	2,399	2,296	2,246	2,303	2,238	2,183	2,098	2,162	-662	1,669	1,759	2,112	2,292	2,085	2,207	2,369	2,397	2,242
Non-Interest Income
Fees and service charges
84	84	86	97	110	102	98	92	76	78	83	96	80	82	83	91	100	101	177
Income from bank owned life insurance
53	55	55	55	53	53	56	55	54	56	52	50	50	51	50	50	48	49	49
Gain on trading securities
-	-	-	-	-	-	-	-	0	0	1	-5	9	3	-15	-4	-1	13	5
Other
26	23	21	25	21	27	27	23	29	28	23	13	21	37	26	22	21	26	26
Total Non-Interest Income
163	162	162	177	184	182	181	170	159	162	159	154	160	173	144	159	168	189	257
Non-Interest Expenses
Salaries and employee benefits
1,080	1,028	1,011	952	947	923	962	958	980	986	935	936	932	957	985	952	971	984	969
Directors compensation
113	112	127	108	109	115	112	118	121	129	127	153	130	116	115	126	112	111	109
Occupancy and equipment
327	339	339	325	356	331	331	334	364	349	356	295	351	377	410	406	447	420	385
Service bureau fees
144	149	115	157	161	148	160	148	139	127	139	137	117	108	108	113	94	107	99
Advertising
30	41	31	34	39	34	37	43	47	32	40	35	43	48	48	61	45	52	66
FDIC assessment
71	72	72	71	91	129	119	72	73	72	74	73	74	75	73	52	133	127	126
Professional services
172	217	195	143	131	125	148	120	138	171	114	146	106	125	137	-	135	120	-
Other
321	231	226	227	283	232	118	182	326	256	219	243	209	253	184	157	266	446	399
Total Non-Interest Expenses
2,258	2,628	2,116	2,017	2,117	2,037	1,987	1,975	2,188	2,122	2,004	2,018	1,962	2,059	2,060	2,044	2,203	2,367	2,153
Income before Income Taxes
337	-67	342	406	370	383	377	293	133	-2,622	-176	-105	310	406	169	322	334	219	346
Income Tax Expense
121	-58	115	160	127	132	129	100	44	-1,047	-84	-73	116	182	58	158	127	99	131
Net Income
216	-9	227	246	243	251	248	193	89	-1,575	-92	-32	194	224	111	164	207	120	215
Weighted average number of shares of common stock Outstanding basic and diluted (in Shares)
4,946	4,941	4,937	9,851	4,928	4	4,920	19,717	4	4	4	4,915	4,973	5,015	5,041	-	5,041	-	-
Weighted average number of common shares outstanding, basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,042	5,040
Earnings per share - basic and diluted (in Dollars per share)
0.04	-0.01	0.05	0.05	0.05	0.05	0.05	0.04	0.02	-0.32	-0.02	0.00	0.04	0.04	0.02	0.04	0.04	0.02	0.04
Other comprehensive loss, net of tax
Other comprehensive (loss) income, net of tax
Defined benefit pension plans:
Reclassification adjustment for prior service cost included in net income, net of tax of $3 and $-, respectively
-4	-	-	0	1	0	1	2	2	1	2	-	-	-	-	-	-	-	-
Actuarial loss arising during the period, net of tax of ($3) and $-, respectively
4	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification adjustment for net actuarial loss (gain) included in net income, net of tax of ($4) and $1, respectively
5	-1	-1	-1	-2	-1	-2	4	2	3	2	-	-	-	-	-	-	-	-
Dividends declared per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.03	0.03	-
Amortization of prior service cost included in net periodic pension cost, net of tax of $2 and $-; and $3 and $3 for the three and nine months, respectively
-	-	-	-	-	-	-	-	-	-	-	-	-2	-2	-1	-	-	-	-
Less: amortization of unrecognized gain, net of tax of $3 and $2; and $7 and $4 for the three and nine months, respectively.
-	-	-	-	-	-	-	-	-	-	-	-	-2	-2	-2	-	-	-	-
Total Other comprehensive income (loss)
5	-38	-1	1	-1	-1	-1	56	4	4	4	-20	4	4	3	-	-	-	-
Amortization component of net periodic pension cost, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1
Comprehensive income
221	-47	226	247	242	250	247	249	93	-1,571	-88	-52	198	228	114	82	207	120	216