Oconee federal financial corp. (OFED)
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'11Sep'11Jun'11Mar'11Dec'10Sep'10
Interest and dividend income:
Loans, including fees

16,666

16,615

16,522

16,171

15,572

15,084

14,655

14,443

14,436

14,434

14,452

14,634

14,670

15,021

15,232

15,378

15,852

15,915

15,402

14,405

13,093

11,866

11,399

11,365

11,551

11,867

12,231

12,749

13,185

13,560

13,964

14,264

14,493

14,644

14,678

14,686

0

0

0

Securities, taxable

1,574

1,602

1,631

1,637

1,622

1,640

1,636

1,591

1,558

1,526

1,516

1,590

1,675

1,751

1,793

1,740

1,660

1,606

1,546

1,537

1,550

1,534

1,545

1,535

1,475

1,383

1,275

1,170

1,106

1,050

973

879

729

595

517

474

0

0

0

Securities, tax-exempt

433

513

623

728

800

842

851

848

830

801

767

739

713

662

601

511

402

317

238

186

128

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other interest-earning assets

566

576

467

310

231

176

160

164

157

175

185

191

179

161

151

126

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest-bearing deposits and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

57

52

47

46

54

57

65

70

73

91

102

115

126

107

100

91

82

0

0

0

Total interest income

19,239

19,306

19,243

18,846

18,225

17,742

17,302

17,046

16,981

16,936

16,920

17,154

17,237

17,595

17,777

17,755

18,013

17,914

17,252

16,185

14,841

13,545

13,048

12,976

13,085

13,315

13,576

13,992

14,382

14,712

15,052

15,269

15,329

15,339

15,286

15,242

0

0

0

Interest expense:
Deposits

3,969

3,901

3,532

3,037

2,545

2,095

1,802

1,599

1,464

1,406

1,366

1,324

1,287

1,249

1,221

1,189

1,171

1,189

1,209

1,229

1,255

1,291

1,359

1,480

1,625

1,793

1,978

2,174

2,373

2,607

2,881

3,202

3,576

4,028

4,517

4,947

0

0

0

Other borrowings

331

496

598

556

479

395

285

211

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

4,300

4,397

4,130

3,593

3,024

2,490

2,087

1,810

1,620

1,468

1,377

1,324

1,287

1,249

1,221

1,189

1,171

1,189

1,209

1,229

1,255

1,291

1,359

1,480

1,625

1,793

1,978

2,174

2,373

2,607

2,881

3,202

3,576

4,028

4,517

4,947

0

0

0

Net interest income

14,939

14,909

15,113

15,253

15,201

15,252

15,215

15,236

15,361

15,468

15,543

15,830

15,950

16,346

16,556

16,566

16,842

16,725

16,043

14,956

13,586

12,254

11,689

11,496

11,460

11,522

11,598

11,818

12,009

12,105

12,171

12,067

11,753

11,311

10,769

10,295

0

0

0

Provision for loan losses

-

-

-

218

266

201

134

108

84

169

184

203

212

118

371

451

440

438

0

-

0

0

-

108

85

224

200

260

303

205

383

270

312

224

94

135

0

0

0

Net interest income after provision for loan losses

14,954

14,839

14,967

15,035

14,935

15,051

15,081

15,128

15,277

15,299

15,359

15,627

15,738

16,228

16,185

16,115

16,230

16,117

15,703

14,761

13,544

12,178

11,662

11,388

11,375

11,298

11,398

11,558

11,706

11,900

11,788

11,797

11,441

11,087

10,675

10,160

0

0

0

Noninterest income:
Service charges on deposit accounts

428

437

445

424

426

420

419

427

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

419

419

432

446

461

473

464

424

323

230

138

76

76

73

75

78

80

78

81

80

78

83

81

82

87

0

0

0

Income on bank owned life insurance

460

465

467

468

471

473

478

483

491

500

507

514

516

523

528

514

453

391

331

286

326

294

298

307

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing income

192

199

202

211

220

232

234

244

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking income

-

-

-

-

-

-

-

-

-

-

-

298

336

357

370

373

456

508

447

351

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of mortgage loans

139

155

128

122

0

0

0

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM & debit card income

337

327

324

308

304

307

297

292

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in fair value of equity securities, net

-104

158

178

83

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain/(loss) on sale of securities, net

135

-29

-29

-40

-67

-16

-16

-7

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on payoff of purchase credit impaired loans

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain/(loss) on sale of securities, net

-

-

-

-

-

-

-

-

-

-

-

128

153

244

187

128

103

129

153

149

219

244

0

-

0

0

-

-

-

0

-

185

0

0

0

-

-

-

-

Gain on payoff of purchase credit impaired loans

-

-

-

-

-

-

-

-

-

-

-

729

955

473

443

1,119

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in loan servicing asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

9

14

20

53

40

39

39

34

45

42

37

7

22

35

47

48

13

19

35

33

88

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sales of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

67

95

32

0

-

0

0

-

-8

0

0

0

Total noninterest income

1,905

1,800

1,799

1,693

1,781

1,658

1,651

1,662

1,576

1,977

2,095

2,126

2,402

2,064

2,021

2,643

2,520

2,560

2,365

1,398

950

621

604

608

697

606

418

410

424

394

401

412

256

225

187

98

0

0

0

Noninterest expense:
Salaries and employee benefits

6,513

6,664

6,813

6,909

6,850

6,758

6,684

6,554

6,524

6,474

6,369

6,268

5,949

5,961

6,270

6,304

6,534

6,481

5,856

5,277

4,635

3,915

3,678

3,629

3,627

3,610

3,439

3,368

3,248

3,089

3,023

2,899

2,789

2,753

2,629

2,571

0

0

0

Occupancy and equipment

1,892

1,799

1,802

1,749

1,812

1,754

1,735

1,717

1,626

1,593

1,520

1,491

1,480

1,535

1,519

1,511

1,485

1,377

1,253

1,060

884

741

676

664

658

640

629

651

656

663

676

659

657

665

690

705

0

0

0

Data processing

883

874

860

893

929

964

1,015

990

1,009

865

753

695

539

571

541

518

518

509

506

424

373

309

268

264

260

254

257

253

254

250

282

298

306

333

303

288

0

0

0

ATM & debit card expense

243

233

222

217

209

206

200

190

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Professional and supervisory fees

590

570

593

642

773

949

996

1,006

967

819

817

818

847

978

896

940

956

919

968

830

850

846

774

773

614

515

468

435

388

375

393

442

441

390

329

251

0

0

0

Office expense

208

197

192

193

213

224

231

228

208

243

221

231

244

220

234

223

214

255

241

243

196

167

150

136

152

143

140

134

148

115

141

145

130

119

88

77

0

0

0

Advertising

243

239

228

222

232

207

231

226

227

228

191

177

186

181

198

204

165

155

112

98

89

79

76

74

71

71

70

68

69

64

65

66

68

63

57

53

0

0

0

FDIC deposit insurance

36

67

96

128

128

130

134

135

171

171

172

194

180

202

220

219

230

252

237

220

192

154

155

157

129

129

130

117

147

149

149

163

189

224

252

275

0

0

0

Charitable contributions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

0

-

-

1,683

0

0

0

Foreclosed assets, net

317

225

136

104

32

32

-1

36

151

126

150

102

48

70

115

288

357

496

469

313

300

246

246

259

243

141

137

142

263

0

0

-

0

-

-

-

-

-

-

Change in loan servicing asset

360

236

235

225

149

7

39

48

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in loan servicing asset

-

-

-

-

-

-

-

-

-

-

-

-

-

-

309

350

178

64

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on sales of real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-11

-11

-15

-6

65

150

534

332

131

-150

-611

-525

-450

0

0

0

Other

843

838

861

852

852

912

916

920

861

885

885

869

1,078

1,009

965

923

687

667

577

519

462

344

369

351

350

364

327

326

296

304

306

356

314

318

343

240

0

0

0

Total noninterest expense

12,128

11,942

12,038

12,134

12,179

12,143

12,180

12,050

11,997

11,688

11,056

10,750

10,503

10,818

11,267

11,480

11,289

11,162

10,248

8,957

8,039

6,809

6,400

6,307

6,104

5,868

5,599

5,496

5,331

5,322

5,524

5,624

5,627

7,153

6,895

6,593

0

0

0

Income before income taxes

4,731

4,697

4,728

4,594

4,537

4,566

4,552

4,740

4,856

5,588

6,398

7,003

7,637

7,474

6,939

7,278

7,461

7,515

7,820

7,202

6,455

5,990

5,866

5,689

5,968

6,036

6,217

6,472

6,799

6,972

6,665

6,585

6,070

4,159

3,967

3,665

0

0

0

Income tax expense

781

741

943

874

868

541

1,505

1,705

1,204

1,856

1,289

1,478

2,196

2,028

1,862

2,032

2,452

2,703

2,910

2,690

2,317

2,193

2,102

2,050

2,114

2,187

2,275

2,432

2,636

2,711

2,612

2,572

2,350

1,584

1,503

1,366

0

0

0

Net income

3,950

3,956

3,785

3,720

3,669

4,025

3,047

3,035

3,652

3,732

5,109

5,525

5,441

5,446

5,077

5,246

5,009

4,812

4,910

4,512

4,138

3,797

3,764

3,639

3,854

3,849

3,942

4,040

4,163

4,261

4,053

4,013

0

0

0

-

-

-

-

Other comprehensive income
Unrealized gains on securities available-for-sale

3,459

3,274

4,899

3,767

2,029

-1,412

-3,676

-2,890

-2,007

442

-2,359

-3,014

-2,436

-1,252

1,693

2,995

915

266

1,374

348

2,125

1,986

617

851

-2,581

-3,475

-2,358

-1,731

0

0

0

-

-

-

-

-

-

-

-

Tax effect

733

681

1,010

768

392

-316

-942

-751

-478

105

-849

-1,086

-877

-450

609

1,079

316

99

509

134

805

756

235

324

-978

-1,318

-893

-655

0

0

0

-

-

-

-

-

-

-

-

Reclassification adjustment for (gains)/losses realized in net income

135

-29

-29

-40

-67

-16

-16

-7

10

13

70

128

153

244

187

128

103

129

153

149

219

162

0

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

Tax effect

15

0

0

-

0

-

-

-2

3

6

26

46

55

88

67

46

37

48

57

56

83

62

0

-

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Unrealized gain on securities available-for-sale, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

174

0

0

-

0

-

-

Reclassification adjustment for gains realized in income, net of taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

Total other comprehensive income

2,620

2,617

3,913

3,031

1,688

-1,087

-2,724

-2,134

-1,536

330

-1,554

-2,010

-1,657

-958

964

1,834

533

86

769

121

1,166

1,108

236

384

-1,757

-2,268

-1,547

-1,158

817

953

771

463

171

0

0

-

0

-

-

Comprehensive income

6,570

6,573

7,698

6,751

5,357

2,938

323

901

2,116

4,062

3,555

3,515

3,784

4,488

6,041

7,080

5,542

4,898

5,679

4,633

5,304

4,905

4,000

4,023

2,097

1,581

2,395

2,882

4,980

5,214

4,824

4,476

4,017

2,766

2,675

2,435

0

0

0

Basic net income per share: (Note 3) (in dollars per share)

0.17

0.19

0.16

0.16

0.17

0.16

0.16

0.16

0.23

-0.01

0.15

0.28

0.24

0.23

0.22

0.25

0.24

0.17

0.25

0.22

0.21

0.18

0.18

0.15

0.15

0.18

0.16

0.19

0.14

0.18

0.16

0.19

0.16

0.15

0.16

-

-0.04

-

-

Diluted net income per share: (Note 3) (in dollars per share)

0.17

0.19

0.16

0.17

0.16

0.16

0.15

0.16

0.22

-0.01

0.15

0.26

0.24

0.23

0.22

0.25

0.24

0.16

0.25

0.21

0.21

0.18

0.18

0.15

0.15

0.18

0.16

0.19

0.14

0.18

0.16

0.18

0.16

0.15

0.16

-

-

-

-

Dividends declared per share: (in dollars per share)

0.10

0.10

0.10

-0.10

0.30

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

0.10

-

0.10

0.10

-

-

0.10

-

-