| Jun'19 | Jun'18 | Jun'17 | Jun'16 | Jun'15 | Jun'14 | Jun'13 | Jun'12 | Jun'11 | Jun'10 |
|---|---|---|---|---|---|---|---|---|---|
Interest income: | |||||||||
Interest on mortgage loans | |||||||||
144,457 | 144,051 | 133,967 | 125,427 | - | - | - | - | - | - |
Amount of dividends on federal home loan bank stock received during the period. | |||||||||
1,817 | 1,788 | 1,834 | 1,588 | 1,908 | 1,801 | 1,752 | 1,387 | 1,399 | - |
Dividends on equity securities | |||||||||
48 | 43 | 35 | - | - | - | - | - | - | - |
Interest on debt securities available for sale | |||||||||
868 | 1,461 | 3,119 | - | - | - | - | - | - | - |
Interest on mortgage loans | |||||||||
- | - | - | - | 121,778 | 119,004 | 117,418 | 108,409 | 99,963 | 87,373 |
Interest on securities available for sale | |||||||||
- | - | - | 4,566 | 6,301 | 6,590 | 7,099 | 11,254 | 14,162 | 13,200 |
Interest on debt securities held to maturity | |||||||||
8,189 | 5,328 | 3,500 | 2,737 | 1,766 | 820 | 955 | 908 | 1,571 | 4,595 |
The aggregate interest income earned from (1) the lending of excess federal funds to another commercial bank requiring such for its legal reserve requirements and (2) short term investment. | |||||||||
376 | 155 | 7 | 6 | 6 | 11 | 4 | 32 | 258 | 171 |
Total interest income | |||||||||
155,755 | 152,826 | 142,462 | 134,324 | 131,759 | 128,226 | 127,228 | 121,990 | 117,353 | 105,339 |
Interest expense: | |||||||||
Deposits | |||||||||
41,638 | 31,624 | 24,671 | 17,884 | 11,849 | 8,615 | 8,524 | 12,823 | 15,719 | 21,623 |
Borrowings | |||||||||
13,029 | 11,276 | 13,180 | 16,139 | 22,354 | 22,488 | 21,274 | 20,510 | 20,611 | 20,763 |
Total interest expense | |||||||||
54,667 | 42,900 | 37,851 | 34,023 | 34,203 | 31,103 | 29,798 | 33,333 | 36,330 | 42,386 |
Net interest income before provision for loan losses | |||||||||
101,088 | 109,926 | 104,611 | 100,301 | 97,556 | 97,123 | 97,430 | 88,657 | 81,023 | 62,953 |
Reversal of provision for loan losses | |||||||||
-2,000 | 0 | 0 | 0 | 200 | 700 | 3,850 | 8,500 | 9,300 | 10,000 |
Net interest income after provision for loan losses | |||||||||
103,088 | 109,926 | 104,611 | 100,301 | 97,356 | 96,423 | 93,580 | 80,157 | 71,723 | 52,953 |
Non-interest income: | |||||||||
Fees and service charges | |||||||||
1,655 | 1,410 | 1,208 | - | - | - | - | - | - | - |
Service charges | |||||||||
- | - | - | 949 | 913 | 1,084 | 922 | 1,132 | 1,310 | 1,477 |
Real estate operations, net | |||||||||
- | - | - | - | 1,350 | 1,135 | 1,255 | 1,225 | 1,199 | 1,267 |
Bank-owned life insurance | |||||||||
2,434 | 2,492 | 2,618 | 2,718 | 2,555 | 2,018 | 3,253 | 1,594 | 1,210 | 1,144 |
Net (loss) gain on sale of securities | |||||||||
- | - | - | 990 | 768 | - | - | - | - | - |
Net gain on sale of securities | |||||||||
- | - | - | - | - | 51 | 0 | - | - | - |
Net loss on sale and writedown of securities | |||||||||
- | - | - | - | - | - | - | - | - | -167 |
Gain on sale of real estate held for investment | |||||||||
- | - | - | - | - | - | - | - | - | 1,043 |
Net gain on sale of assets and loans | |||||||||
0 | 0 | 20,856 | 37,544 | 11,616 | -58 | 72 | -262 | -49 | - |
(Loss) gain on sale of assets and loans | |||||||||
- | - | - | - | - | - | - | 580 | 0 | - |
(Gain) on sale of real estate owned | |||||||||
855 | -2 | 0 | 328 | -9 | 221 | 631 | 210 | 718 | - |
Change in fair value of equity securities | |||||||||
-208 | 0 | 0 | - | - | - | - | - | - | - |
Net losses on sale of debt securities available for sale | |||||||||
0 | -324 | -826 | - | - | - | - | - | - | - |
Net income from investments in real estate joint ventures | |||||||||
0 | 0 | 769 | 1,177 | 1,805 | 860 | -566 | 689 | 857 | 538 |
Derivatives termination cost, net | |||||||||
0 | 0 | -7,670 | 0 | 0 | - | - | - | - | - |
Other income | |||||||||
22 | 18 | 13 | 625 | 284 | 291 | 253 | 233 | 207 | 184 |
Total non-interest income | |||||||||
4,758 | 3,594 | 16,968 | 44,331 | 19,282 | 5,602 | 5,820 | 5,401 | 5,452 | 5,486 |
Non-interest expense: | |||||||||
Compensation, payroll taxes and fringe benefits | |||||||||
23,678 | 25,082 | 27,140 | 33,774 | 29,745 | 28,593 | 27,774 | 25,095 | 19,682 | 32,871 |
Advertising | |||||||||
570 | 571 | 502 | 361 | 385 | 360 | 361 | 497 | 657 | 665 |
Office occupancy and equipment expense | |||||||||
3,049 | 3,195 | 3,178 | 3,002 | 3,003 | 3,043 | 2,812 | 2,603 | 2,425 | 2,290 |
Data processing service fees | |||||||||
2,086 | 2,029 | 2,213 | 2,030 | 1,961 | 1,814 | 1,652 | 1,513 | 1,231 | 1,131 |
Federal insurance premiums | |||||||||
1,125 | 1,200 | 1,350 | 1,649 | 1,571 | 1,340 | 1,331 | 1,215 | 1,381 | 2,248 |
Real estate owned expense | |||||||||
- | - | - | - | 1,954 | 362 | 391 | 902 | 1,996 | 462 |
Amount represents the difference between the cash acquisition price of the debt and the net carrying amount of the debt at the time of its extinguishment. | |||||||||
0 | 0 | 5,169 | 17,988 | 806 | 0 | - | - | - | - |
Other expenses | |||||||||
8,277 | 7,433 | 6,501 | 4,999 | 4,097 | 3,966 | 3,556 | 3,626 | 4,344 | 3,112 |
Total non-interest expense | |||||||||
38,785 | 39,510 | 46,053 | 63,803 | 43,522 | 39,478 | 37,877 | 35,451 | 31,716 | 42,779 |
Income before income tax expense | |||||||||
69,061 | 74,010 | 75,526 | 80,829 | 73,116 | 62,547 | 61,523 | 50,107 | 45,459 | 15,660 |
Income tax expense (note 11) | |||||||||
17,002 | 31,116 | 26,382 | 28,534 | 26,214 | 21,488 | 21,979 | 18,457 | 16,952 | 7,296 |
Net income | |||||||||
52,059 | 42,894 | 49,144 | 52,295 | 46,902 | 41,059 | 39,544 | 31,650 | 28,507 | 8,364 |
Net income available to common stockholders | |||||||||
- | - | - | - | - | - | - | - | - | 8,174 |
Earnings per basic common share (in dollars per share) | |||||||||
1.19 | 0.97 | 1.14 | 1.25 | 1.13 | 0.96 | 0.94 | 0.72 | 0.54 | 0.15 |
Earnings per diluted common share (in dollars per share) | |||||||||
1.18 | 0.95 | 1.10 | 1.21 | 1.10 | 0.94 | 0.92 | 0.71 | 0.54 | 0.15 |