Pioneer bancorp, inc./md (PBFS)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Mar'18
Interest and dividend income:
Loans

12,282

12,691

13,150

12,918

12,438

12,400

12,062

11,046

Securities

518

574

622

623

649

691

578

352

Interest-earning deposits with banks and other

488

565

813

686

512

236

366

445

Total interest and dividend income

13,288

13,830

14,585

14,227

13,599

13,327

13,006

11,843

Interest expense:
Deposits

1,213

1,276

1,327

1,300

1,082

964

981

793

Borrowings and other

22

1

-

-12

57

88

20

1

Total interest expense

1,235

1,277

1,327

1,288

1,139

1,052

1,001

794

Net interest income

12,053

12,553

13,258

12,939

12,460

12,275

12,005

11,049

Provision for loan losses

2,550

1,520

16,370

570

570

640

570

450

Net interest income after provision for loan losses

9,503

11,033

-3,112

12,369

11,890

11,635

11,435

10,599

Noninterest income:
Bank fees and service charges

1,718

2,382

2,631

2,097

2,232

1,941

1,796

1,516

Insurance and wealth management services

1,809

2,071

1,354

1,607

1,568

1,685

1,597

1,474

Net loss on equity securities

-1,017

364

-82

-

-

-

-

-

Net gain on available for sale securities transactions

83

51

-

-

-

-

-

-

Net gain on securities transactions

-

-

-

-

-

-

-

10

Net loss on disposal of assets

-7

1

-

-

-27

-548

-

-

Bank-owned life insurance

10

503

24

24

30

33

32

23

Other

69

141

42

140

169

-33

66

67

Total noninterest income

2,665

5,513

3,969

3,866

3,972

3,078

3,491

3,090

Noninterest expense:
Salaries and employee benefits

6,213

6,576

5,976

5,918

5,741

5,306

5,682

5,559

Net occupancy and equipment

1,559

1,615

1,424

1,405

1,522

1,576

1,372

1,369

Data processing

829

772

772

758

734

758

690

652

Advertising and marketing

162

185

204

205

282

242

196

222

FDIC insurance premiums

119

-125

-

-

196

159

-

-

FDIC insurance premiums

-

-

-

-

-

-

196

206

Contribution to Pioneer Bank Charitable Foundation

0

0

5,446

-

-

-

-

-

Fraudulent activity

0

0

2,500

-

-

-

-

-

Professional fees

966

1,403

495

-

81

84

103

-

Other

1,260

1,285

1,414

1,593

1,090

1,123

1,021

1,215

Total noninterest expense

11,108

11,711

18,231

9,736

9,646

9,248

9,260

9,223

Income (loss) before income taxes

1,060

4,835

-17,374

6,499

6,216

5,465

5,666

4,466

Income tax (benefit) expense

211

985

-4,690

1,505

1,437

665

1,223

1,050

Net income (loss)

849

3,850

-12,684

4,994

4,779

4,800

4,443

3,416

Income (Loss) per common share:
Basic

0.03

0.15

-0.51

-

-

-

-

-

Diluted

0.03

0.15

-0.51

-

-

-

-

-

Weighted average shares outstanding - basic and diluted

25,016

24,997

24,984

-

-

-

-

-