PATHFINDER BANCORP, INC. PBHC Income Statement

Pathfinder bancorp, inc. (PBHC)

Income statement / Quarterly

Dec'19	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	Sep'13
Interest and dividend income:
Loans, including fees
9,421	8,817	8,222	7,575	7,477	7,213	7,018	6,718	6,491	6,291	5,869	5,741	5,336	5,396	5,047	4,924	4,801	4,699	4,551	4,399	4,417	4,344	4,104	4,063	4,057
Debt securities:
Taxable
1,738	1,770	1,655	1,799	1,512	1,348	1,171	1,128	1,021	971	825	781	600	590	581	556	518	519	516	459	455	473	466	421	399
Tax-exempt
8	11	51	108	112	143	217	248	289	188	312	249	263	211	200	191	190	186	190	197	197	196	194	195	189
Dividends
65	63	74	77	69	61	61	68	72	53	50	54	48	33	26	27	69	40	40	29	75	35	17	33	29
Interest earning time deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	2	-	5
Federal funds sold and interest earning deposits
16	72	106	110	85	65	49	47	53	30	28	45	17	21	12	14	9	5	5	2	1	2	1	3	2
Total interest and dividend income
11,248	10,733	10,108	9,669	9,255	8,830	8,516	8,209	7,926	7,533	7,084	6,870	6,264	6,251	5,866	5,712	5,587	5,449	5,302	5,086	5,148	5,052	4,784	4,715	4,681
Interest expense:
Interest on deposits
2,783	2,845	2,740	2,345	2,062	1,839	1,566	1,345	1,228	1,016	895	765	682	612	572	575	526	508	483	445	451	479	497	529	605
Interest on short-term borrowings
63	89	58	167	17	41	70	93	284	135	283	295	164	86	29	22	25	41	35	37	34	28	21	19	23
Interest on long-term borrowings
417	378	387	393	449	338	203	175	169	178	128	120	66	61	71	72	69	62	65	61	-49	149	148	147	151
Interest on subordinated loans
213	216	217	217	217	216	210	203	203	201	197	193	195	193	201	203	179	41	40	40	-	-	-	-	-
Total interest expense
3,476	3,528	3,402	3,122	2,745	2,434	2,049	1,816	1,884	1,530	1,503	1,373	1,107	952	873	872	799	652	623	583	597	656	666	695	779
Net interest income
7,772	7,205	6,706	6,547	6,510	6,396	6,467	6,393	6,042	6,003	5,581	5,497	5,157	5,299	4,993	4,840	4,788	4,797	4,679	4,503	4,551	4,396	4,118	4,020	3,902
Provision for loan losses
612	600	610	144	296	291	297	613	537	420	423	389	271	322	150	210	345	220	401	383	275	410	275	245	216
Net interest income after provision for loan losses
7,160	6,605	6,096	6,403	6,214	6,105	6,170	5,780	5,505	5,583	5,158	5,108	4,886	4,977	4,843	4,630	4,443	4,577	4,278	4,120	4,276	3,986	3,843	3,775	3,686
Noninterest income:
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	263	280	289	285	287	302	299	288	266	305	311	305	279	313
Earnings and gain on bank owned life insurance
107	133	101	121	108	138	108	73	59	92	62	71	67	94	66	80	1	250	65	85	118	64	66	60	60
Loan servicing fees
-	-	-	-	-	-	-	-	-	-	-	36	24	49	31	34	85	55	41	52	69	81	67	54	30
Net gains (losses) on sales and redemptions of investment securities
97	121	32	79	7	-60	-22	-107	175	108	135	71	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains (losses) on marketable equity securities
20	4	16	41	-88	0	13	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gains on equity securities
-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains on sales and redemptions of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	4	132	80	-	88	49	-	-	-	-	-	-
Net gains on sales of loans and foreclosed real estate
21	38	13	-8	26	8	13	3	80	2	-21	-24	-36	6	-10	0	-	17	-4	-	-5	10	26	3	36
Insurance agency revenue
213	170	218	243	201	174	236	229	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains on sales and redemptions of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	52	281	3	24	2	17
Debit card interchange fees
-	-	-	-	-	-	-	-	-	-	-	121	143	138	141	135	140	131	136	123	126	127	129	114	114
Other charges, commissions & fees
-	-	-	-	-	-	-	-	-	-	-	399	337	383	381	385	381	352	377	287	261	304	261	314	134
Total noninterest income
1,319	1,286	1,219	1,093	976	940	1,024	895	1,117	981	1,050	937	1,193	963	1,026	1,001	1,163	1,192	952	865	1,155	900	878	826	704
Noninterest expense:
Salaries and employee benefits
3,151	3,275	3,454	3,780	3,218	3,191	3,211	3,084	3,288	2,960	2,819	2,850	2,746	2,688	2,653	2,685	2,472	2,478	2,356	2,381	2,270	2,141	2,187	2,197	2,033
Building and occupancy
687	699	632	656	548	601	503	591	572	554	531	539	504	544	425	463	443	535	441	502	415	421	364	407	382
Data processing
572	587	587	593	500	492	453	479	468	468	416	427	367	474	419	422	405	462	354	388	418	367	399	364	356
Professional and other services
257	352	380	336	265	359	405	331	297	245	219	191	221	195	221	197	222	206	229	202	115	160	173	175	178
Advertising
238	238	242	244	290	158	281	191	270	191	172	176	251	150	189	140	148	116	114	140	164	141	99	133	146
FDIC assessments
50	130	130	111	85	152	135	120	183	153	81	56	21	108	108	108	106	105	102	95	104	99	100	95	123
Audits and exams
123	104	100	100	108	104	105	105	100	84	85	84	90	81	82	76	89	58	59	62	63	61	61	64	61
Insurance agency expense
198	190	229	199	196	190	325	164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Community service activities
228	110	144	138	171	142	141	87	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreclosed real estate expenses
13	28	59	237	57	19	48	26	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other expenses
681	569	582	317	613	504	520	281	-668	598	688	650	627	562	681	612	689	598	577	453	655	422	380	471	388
Total noninterest expenses
6,198	6,282	6,539	6,711	6,051	5,912	6,127	5,459	5,857	5,253	5,011	4,973	4,827	4,802	4,778	4,703	4,574	4,558	4,232	4,223	4,204	3,812	3,763	3,906	3,667
Income before income taxes
2,281	1,609	776	785	1,139	1,133	1,067	1,216	765	1,311	1,197	1,072	-	1,138	1,091	-	-	-	-	-	-	-	-	-	-
Income before income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	928	1,032	1,211	998	762	1,227	1,074	958	695	723
Provision for income taxes
415	324	175	251	41	157	166	182	53	386	238	245	291	322	225	273	240	316	290	225	385	317	275	176	195
Net income attributable to noncontrolling interest and Pathfinder Bancorp, Inc.
1,866	1,285	601	534	1,098	976	901	1,034	712	925	959	827	961	816	866	655	-	895	708	-	-	-	-	-	-
Net income attributable to noncontrolling interest and Pathfinder Bancorp, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	537	842	757	683	519	528
Net income (loss) attributable to noncontrolling interest
6	-10	-6	20	1	-9	-44	30	-152	18	39	27	2	-4	34	-6	11	10	14	8	8	11	7	30	0
Net income attributable to Pathfinder Bancorp, Inc.
1,860	1,295	607	514	1,097	985	945	1,004	864	907	920	800	959	820	832	661	-	885	694	-	-	-	-	-	-
Convertible preferred stock dividends
-	70	69	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Warrant dividends
-	7	8	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Undistributed earnings allocated to participating securities
-	206	38	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Pathfinder Bancorp Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	529	834	746	676	489	528
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	16	32	33	33	32	32	33	30	0	0
Net income available to common shareholders
-	1,012	492	-	-	985	945	-	-	-	-	-	959	820	832	645	749	852	661	497	802	713	646	489	528
Earnings per common share - basic
0.35	0.22	0.11	0.12	0.27	0.23	0.23	0.24	0.21	0.22	0.23	0.20	0.23	0.20	0.20	0.16	0.18	0.21	0.16	0.12	0.20	0.17	0.15	0.12	0.21
Earnings per common share - diluted
0.35	0.22	0.11	0.12	0.25	0.23	0.22	0.24	0.20	0.22	0.22	0.19	0.23	0.20	0.20	0.15	0.18	0.20	0.16	0.12	0.19	0.17	0.15	0.12	0.20
Dividends per common share
0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.05	0.03	0.03	0.03	0.03	0.03	0.03	0.03
Service Charges on Deposit Accounts [Member]
Noninterest income
362	399	348	282	310	291	273	274	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Servicing Fees [Member]
Noninterest income
67	57	60	27	62	25	42	41	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debit Card Interchange Fees [Member]
Noninterest income
160	166	187	144	144	141	148	143	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Charges, Commissions & Fees [Member]
Noninterest income
272	198	244	164	206	223	213	226	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-