OP Bancorp OPBK Income Statement

Op bancorp (OPBK)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17
Interest income
Interest and fees on loans
56,060	55,720	54,791	53,037	50,614	48,108	45,775	43,363	41,030	39,112	0	0	0
Interest on investment securities
0	-	0	0	0	-	0	0	0	-	0	0	0
Other interest income
1,666	1,706	1,746	1,477	1,203	975	705	594	526	495	0	0	0
Total interest income
59,038	58,779	57,896	55,790	52,974	50,068	47,325	44,739	42,277	40,283	0	0	0
Interest expense
Interest on deposits
14,448	14,507	13,775	12,359	10,718	8,964	7,414	6,092	5,032	4,470	0	0	0
Interest on borrowed funds
-	-	-	-	-	147	178	191	182	103	0	0	0
Total interest expense
14,448	14,507	13,776	12,404	10,778	9,111	7,593	6,283	5,215	4,573	0	0	0
Net interest income
44,590	44,272	44,120	43,386	42,196	40,957	39,732	38,455	37,062	35,710	0	0	0
Provision for loan losses
0	-	0	0	-	1,267	1,368	1,207	1,344	1,311	0	0	0
Net interest income after provision for loan losses
42,745	43,170	43,209	42,326	41,504	39,690	38,363	37,247	35,717	34,399	0	0	0
Noninterest income
Service charges on deposits
1,918	2,015	1,992	2,007	1,906	1,916	1,812	1,716	0	-	0	0	-
Service charges on deposits
-	-	-	-	-	-	-	-	-	-	-	-	0
Loan servicing fees, net of amortization
1,195	1,186	925	992	1,137	1,078	1,075	1,083	1,084	1,127	0	0	0
Gain on sale of loans
5,983	5,905	5,407	4,828	4,968	4,880	5,254	5,310	4,735	4,939	0	0	0
Other income
1,093	2,320	2,638	2,687	2,639	1,455	1,353	1,350	1,361	1,264	0	0	0
Total noninterest income
10,189	11,426	10,962	10,514	10,650	9,329	9,556	9,527	8,954	8,986	0	0	0
Noninterest expense
Salaries and employee benefits
20,170	20,267	20,427	19,881	19,152	18,195	17,690	17,151	16,661	16,474	0	0	0
Occupancy and equipment
4,801	4,648	4,486	4,230	4,162	4,111	4,065	4,075	3,980	3,918	0	0	0
Data processing and communication
1,581	1,530	1,393	1,328	1,258	1,231	1,274	1,284	1,322	1,323	0	0	0
Professional fees
1,050	980	1,020	1,053	972	921	765	620	600	589	0	0	0
FDIC insurance and regulatory assessments
0	-	0	-	0	-	0	-	-	-	-	-	-
FDIC insurance and regulatory assessments
-	-	-	414	-	-	-	377	373	-	0	0	0
Promotion and advertising
790	806	759	799	847	814	770	706	630	631	0	0	0
Directors’ fees
913	908	896	884	870	851	832	818	810	796	0	0	0
Foundation donation and other contributions
1,528	1,586	1,526	1,493	1,500	1,441	1,286	1,201	1,067	954	0	0	0
Other expenses
1,560	1,536	1,629	1,622	1,650	1,593	1,498	1,369	1,232	1,195	0	0	0
Total noninterest expense
32,654	32,520	32,423	31,704	30,824	29,562	28,566	27,605	26,679	26,257	0	0	0
Income before income taxes
20,280	22,076	21,748	21,136	21,330	19,457	19,354	19,170	17,992	17,128	0	0	0
Income tax expense
4,964	5,319	5,407	5,314	5,553	5,204	6,966	7,536	7,685	7,892	0	0	0
Net income
15,316	16,757	16,341	15,822	15,777	14,253	12,387	11,634	10,306	9,236	0	0	0
Earnings per share - Basic
0.21	0.26	0.25	0.24	0.29	0.23	0.22	0.24	0.23	0.14	0.20	0.18	0.16
Earnings per share - Diluted
0.21	0.27	0.24	0.23	0.29	0.23	0.21	0.23	0.22	0.14	0.19	0.18	0.15
Other comprehensive income:
Change in unrealized income on securities available for sale
0	-	0	0	0	-	0	0	0	-	0	0	0
Tax effect
0	-	0	0	0	-	0	0	0	-	0	0	0
Total other comprehensive income
0	-	0	0	0	-	0	0	0	-	0	0	0
Comprehensive income
0	-	0	0	0	-	0	0	0	-	0	0	0