OLD LINE BANCSHARES INC OLBK Income Statement

Old line bancshares inc (OLBK)

Income statement / TTM

Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	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	Sep'10	Jun'10
Interest Income
Loans, including fees
116,385	116,316	113,640	104,490	94,185	83,150	72,467	68,132	64,372	60,542	58,339	56,031	53,419	51,429	49,384	47,948	45,897	43,927	43,010	41,723	42,685	43,980	42,708	40,206	37,208	34,383	33,687	33,808	33,209	33,080	32,189	28,432	24,770	20,243	0	0	0
U.S. Treasury securities
64	64	65	59	49	40	30	25	23	21	20	18	16	14	11	10	10	10	23	21	19	17	2	3	5	7	9	9	9	9	0	-	0	0	-	-	-
U.S. government agency securities
1,665	1,228	566	352	341	329	305	272	226	170	189	266	362	467	514	521	527	537	550	567	592	615	606	538	467	388	343	362	375	405	407	332	273	197	0	0	0
Corporate bonds
1,035	976	938	880	822	811	711	628	516	369	248	130	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign bonds
0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage backed securities
2,568	2,538	2,422	2,325	2,246	2,231	2,233	2,213	2,148	2,161	2,101	2,060	2,036	1,786	1,642	1,502	1,447	1,483	1,493	1,498	1,475	1,485	1,454	1,464	1,520	1,702	1,965	2,243	2,509	2,752	2,921	2,635	2,298	1,913	0	0	0
Municipal securities
1,973	1,983	1,990	1,995	1,969	1,926	1,837	1,772	1,739	1,702	1,663	1,586	1,472	1,349	1,283	1,239	1,236	1,268	1,359	1,479	1,596	1,711	1,762	1,797	1,808	1,780	1,729	1,592	1,425	1,232	1,058	745	483	283	0	0	0
Federal funds sold
18	19	19	14	7	8	6	6	6	3	2	2	1	1	0	1	1	3	4	4	4	3	3	3	4	5	5	6	5	4	5	6	7	8	0	0	0
Other
1,203	1,212	1,195	1,156	1,034	918	708	561	502	410	378	368	344	315	264	229	242	242	297	308	313	313	279	249	224	214	196	199	192	179	182	161	179	206	0	0	0
Total interest income
124,987	124,394	120,860	111,274	100,678	89,416	78,301	73,612	69,534	65,381	62,941	60,464	57,696	55,364	53,103	51,452	49,363	47,474	46,738	45,603	46,686	48,127	46,817	44,262	41,238	38,480	37,936	38,222	37,728	37,664	36,774	32,320	28,018	22,854	0	0	0
Interest expense
Deposits
22,907	20,886	17,929	14,619	11,698	9,525	8,086	7,321	6,681	6,177	5,779	5,508	5,198	4,894	4,606	4,246	3,850	3,583	3,418	3,401	3,524	3,644	3,753	3,716	3,850	3,966	0	-	0	0	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	4,229	4,053	0	0	0
Borrowed funds
7,682	7,773	7,356	6,709	5,875	5,199	4,579	4,177	3,954	3,439	2,673	2,016	1,363	927	758	617	554	525	514	498	501	501	491	486	553	648	722	822	849	859	857	829	860	925	0	0	0
Total interest expense
30,590	28,660	25,286	21,328	17,573	14,725	12,666	11,498	10,635	9,616	8,452	7,525	6,561	5,821	5,364	4,864	4,404	4,108	3,932	3,899	4,026	4,146	4,245	4,202	4,310	4,491	4,687	5,057	5,267	5,395	5,498	5,219	5,090	4,978	0	0	0
Net interest income
94,397	95,734	95,573	89,945	83,104	74,691	65,635	62,114	58,898	55,765	54,488	52,939	51,134	49,543	47,738	46,588	44,958	43,365	42,806	41,703	42,660	43,980	42,572	40,060	36,928	33,989	33,249	33,164	32,460	32,268	31,276	27,101	22,927	17,876	0	0	0
Provision for loan losses
1,556	1,408	1,867	1,848	1,335	1,162	909	955	1,055	1,225	1,246	1,584	1,784	1,742	1,527	1,310	1,369	1,660	3,119	2,827	2,883	2,918	1,573	1,504	1,390	1,175	1,350	1,525	1,925	2,350	2,025	1,800	1,200	570	0	0	0
Net interest income after provision for loan losses
92,840	94,325	93,705	88,096	81,769	73,528	64,725	61,158	57,843	54,540	53,242	51,354	49,349	47,801	46,210	45,277	43,589	41,705	39,686	38,876	39,776	41,062	40,998	38,556	35,538	32,814	31,899	31,639	30,535	29,918	29,251	25,301	21,727	17,306	0	0	0
Non-interest income
Account service charges
0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Point of sale sponsorship program
0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales or calls of investment securities
0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sales or calls of investment securities
-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	1,721	1,718	1,725	1,729	1,773	1,815	1,867	1,904	1,901	1,884	1,758	1,607	1,453	1,302	1,262	1,281	1,312	1,376	1,445	1,208	937	635	0	0	0
Gains on sales or calls of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	1,226	900	81	65	195	0	0	-	-	0	-	641	948	1,237	1,511	1,156	876	659	379	140	0	0	0	-	-
Gain on the sale of stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other than temporary impairment on equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Earnings on bank owned life insurance
2,079	2,071	2,007	1,806	1,581	1,358	1,179	1,167	1,143	1,131	1,131	1,132	1,110	1,076	1,043	1,009	998	996	992	988	990	996	950	840	723	607	544	548	556	775	759	701	641	369	0	0	0
Gain (loss) on disposal of assets
-	0	-	13	-33	-24	-24	73	120	62	85	-27	-33	16	-5	14	-28	-125	-107	-30	17	114	77	-104	0	0	0	-	-	-	-	-	-	-	-	-	-
Loss on write down of stock
-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of loans
-	-	-	-	-	-	-	-	0	0	-	-	-919	-462	22	0	1,497	1,168	1,019	771	807	824	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Rental income
0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Income on marketable loans
2,808	2,230	1,900	1,822	1,821	1,892	2,107	2,319	2,622	2,727	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	-
Other fees and commissions
-	-	-	-	-	-	-	-	-	-	-	-	1,890	2,200	2,110	2,006	2,321	2,033	2,326	2,096	2,114	2,181	2,040	1,995	959	836	784	714	584	590	493	437	534	490	0	0	0
Total non-interest income
14,270	13,018	12,948	11,980	9,587	8,933	7,740	7,800	7,572	7,559	8,127	8,256	8,350	8,056	6,996	6,844	6,655	6,074	6,396	5,956	9,552	9,708	9,034	8,870	4,775	4,245	4,056	3,708	3,367	3,494	3,047	2,493	2,161	1,416	0	0	0
Non-interest expense
Salaries and benefits
29,194	28,969	28,569	26,921	25,445	23,320	21,169	20,551	20,047	19,494	19,522	20,031	19,549	19,143	18,396	17,237	17,344	17,496	17,175	17,831	18,017	18,142	18,258	16,617	15,059	13,400	0	-	0	0	-	-	-	-	-	-	-
Severence expense
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Salaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Employee benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Occupancy and equipment
9,525	9,537	9,384	8,911	8,509	7,988	7,400	7,073	6,646	6,724	6,717	6,788	6,837	6,409	6,100	5,775	6,094	5,983	6,081	6,268	6,082	6,092	5,871	5,353	4,595	4,132	0	-	0	0	-	-	-	-	0	0	0
Salaries and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-
Occupancy and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-
Equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Data processing
2,970	2,847	2,789	2,671	2,481	2,265	1,924	1,671	1,545	1,486	1,508	1,549	1,527	1,494	1,477	1,432	1,423	1,440	1,385	1,340	1,381	1,473	1,490	1,422	1,267	1,021	884	869	852	870	911	816	722	594	0	0	0
FDIC insurance and State of Maryland assessments
835	1,050	1,109	1,050	988	991	927	1,001	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger and integration
-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FDIC insurance and State of Maryland assessments
-	-	-	-	-	-	-	-	-	-	-	-	1,031	987	953	-	972	960	942	912	899	887	840	777	716	648	0	-	0	0	-	-	-	-	-	-	-
FDIC insurance and State of Maryland assessments
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
FDIC insurance and State of Maryland assessments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	593	564	0	0	0
Merger and integration
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	29	378	521	3,307	3,518	3,533	3,439	682	470	136	165	513	574	732	0	0	0	-
Core deposit premium amortization
2,624	2,633	2,524	2,179	1,834	1,442	1,083	968	853	782	802	830	1,631	1,623	1,228	792	1,310	903	885	866	-1,282	-1,300	-889	-838	-387	-333	0	-	0	0	-	-	-	-	-	-	-
Loss on sales of other real estate owned
-	-	-	-52	-80	-58	-16	13	11	43	91	77	194	0	0	-	0	-	-	697	899	628	548	144	-212	-249	-57	110	156	0	0	-	0	-	0	-	0
OREO expense (income)
203	44	30	190	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OREO expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	554	565	565	607	838	667	936	0	-	0	0	-	-	-	-	-	-	-
Directors Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	482	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain)/loss on sales of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
OREO expense
-	-	-	-	-	-	-	-	-	155	191	-	371	452	465	430	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Directors fees
687	693	721	711	713	689	652	659	654	670	674	665	657	653	650	651	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Network services
464	472	451	416	384	390	459	519	576	570	552	549	570	605	654	699	719	746	725	743	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Telephone
-	-	-	-	-	-	-	-	-	-	-	-	765	753	713	659	648	658	664	667	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Network services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Telephone
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Core deposit premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-	-
Other operating
10,342	10,068	9,901	9,203	8,523	7,839	7,392	7,302	6,836	6,718	6,566	6,522	6,559	6,323	6,296	6,159	6,168	6,132	6,173	6,047	5,559	5,680	5,234	5,319	5,738	0	0	-	0	-	5,595	4,799	4,119	3,084	0	0	0
Other operating
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Total non-interest expense
57,774	59,602	65,947	62,691	59,472	57,450	46,302	44,843	42,770	37,927	38,550	39,643	41,158	39,968	38,208	36,275	35,225	35,103	34,761	35,046	35,244	35,888	37,973	36,077	34,033	31,033	26,555	25,161	23,264	23,287	23,395	20,636	18,313	14,770	0	0	0
Income before income taxes
49,336	47,741	40,706	37,386	31,884	25,010	26,163	24,116	22,645	24,171	22,818	19,967	16,541	15,888	14,999	15,846	15,019	12,675	11,322	9,786	14,084	14,881	12,059	11,349	6,280	6,026	9,400	10,185	10,638	10,125	8,903	7,158	5,575	3,952	0	0	0
Income tax expense
12,574	11,899	11,049	10,168	8,970	8,199	8,108	8,152	8,209	8,355	7,838	6,812	5,714	5,489	5,130	5,382	4,775	3,805	3,298	2,694	4,408	4,742	3,771	3,602	1,190	1,131	2,398	2,720	2,936	2,761	2,435	1,926	1,994	1,526	0	0	0
Net income
-	-	-	-	-	-	-	-	-	-	-	13,155	10,827	10,399	9,868	10,464	10,244	8,870	8,023	7,092	9,676	10,139	8,288	7,747	5,090	4,894	7,002	7,465	7,701	7,363	6,467	5,231	3,580	2,425	0	0	0
Less: Net gain attributable to the non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	0	0	3	2	-4	-3	-10	-24	-37	-101	-102	-99	-91	-37	-52	-58	-65	-79	-96	-145	-148	-144	-122	0	0	0
Net income
36,762	35,842	29,656	27,217	22,913	16,811	18,055	15,963	14,436	15,816	14,977	13,155	10,826	10,395	9,865	10,468	10,247	8,880	8,048	7,130	9,777	10,241	8,388	7,838	5,127	4,947	7,060	7,530	7,780	7,459	6,613	5,379	3,725	2,548	0	0	0
Basic earnings per common share (in dollars per share)
0.54	0.52	0.50	0.59	0.49	0.17	0.48	0.48	0.18	0.36	0.36	0.39	0.33	0.29	0.20	0.18	0.30	0.25	0.25	0.17	0.16	0.16	0.17	0.47	0.22	-0.01	0.19	0.24	0.30	0.30	0.26	0.32	0.25	0.17	0.12	0.08	0.14
Diluted earnings per common share (in dollars per share)
0.54	0.52	0.50	0.58	0.48	0.17	0.48	0.45	0.18	0.36	0.36	0.40	0.32	0.28	0.20	0.19	0.29	0.24	0.25	0.16	0.16	0.16	0.17	0.46	0.22	-0.01	0.19	-	0.29	-	-	-	-	-	-	0.08	0.14
Dividend per common share (in dollars per share)
-	-	-	-	-	-	-	0.08	0.08	0.08	0.08	0.06	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.05	0.05	0.04	0.04	0.04	0.04	0.04	0.04	-	-	-	-	-	-	-	-	-	-
Diluted earnings (loss) per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-
Dividend per common share (in dollars per share)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.04	0.04	-	0.03	0.03	0.03	0.03	0.03
Financial Service, Other [Member]
Income
2,829	2,767	3,169	3,135	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Public Utilities [Member]
Telephone
954	1,002	1,020	977	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-