Prudential bancorp, inc. (PBIP)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12
INTEREST INCOME:
Interest on loans

26,716

27,105

26,737

26,450

26,183

25,722

25,367

24,898

24,060

22,889

20,107

17,482

15,098

13,174

12,909

12,620

12,442

12,563

12,760

12,878

12,977

12,856

12,737

12,575

12,525

12,494

12,609

0

0

0

Interest on mortgage-backed securities

10,609

10,599

9,561

8,168

6,692

4,990

4,077

3,521

3,263

3,218

2,947

2,805

2,676

2,553

2,494

2,336

2,128

1,895

1,799

1,688

1,601

1,498

1,411

1,393

1,420

1,617

1,922

0

0

0

Interest and dividends on investments

7,100

7,052

6,782

6,857

6,254

5,598

5,015

4,115

3,852

3,523

3,180

2,725

2,328

2,106

1,979

1,933

1,891

1,934

2,003

2,146

2,212

2,199

2,199

2,193

2,206

2,219

2,147

0

0

0

Interest on interest-bearing assets

1,316

1,110

960

463

467

506

392

525

383

244

109

181

135

99

101

88

97

104

118

62

65

83

118

126

126

115

95

0

0

0

Total interest income

45,741

45,866

44,040

41,938

39,596

36,816

34,851

33,059

31,558

29,874

26,343

23,193

20,237

17,932

17,483

16,977

16,558

16,496

16,680

16,774

16,855

16,636

16,465

16,287

16,277

16,445

16,773

0

0

0

INTEREST EXPENSE:
Interest on deposits

12,571

13,245

13,160

12,407

10,983

9,014

7,386

6,156

5,226

4,651

3,930

3,373

3,053

2,800

2,861

2,984

3,153

3,281

3,430

3,441

3,416

3,397

3,401

3,531

3,742

4,029

4,344

0

0

0

Interest on advances from Federal Home Loan Bank(short-term)

1,482

1,179

790

536

395

332

347

0

0

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest on advances from Federal Home Loan Bank(long-term)

7,145

6,363

5,339

4,313

3,529

2,877

2,404

1,945

1,586

1,465

1,152

918

685

415

370

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Total interest expense

21,198

20,787

19,289

17,256

14,907

12,223

10,137

8,396

7,064

6,309

5,266

4,459

3,906

3,383

3,326

3,280

3,307

3,329

3,430

3,441

3,416

3,397

3,401

3,531

3,742

4,029

4,344

0

0

0

NET INTEREST INCOME

24,543

25,079

24,751

24,682

24,689

24,593

24,714

24,663

24,494

23,565

21,077

18,734

16,331

14,549

14,157

13,697

13,251

13,167

13,250

13,333

13,439

13,239

13,064

12,756

12,535

12,416

12,429

0

0

0

PROVISION FOR LOAN LOSSES

0

0

-

-

450

600

810

1,095

800

3,015

2,990

2,730

2,775

0

-

0

0

-

735

0

0

0

-

-

-

-

-500

0

0

0

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

23,818

24,854

24,651

24,557

24,239

23,993

23,904

23,568

23,694

20,550

18,087

16,154

13,631

14,139

13,932

13,322

12,816

12,507

12,515

12,508

12,824

12,924

12,824

13,256

13,035

12,916

12,929

0

0

0

NON-INTEREST INCOME:
Fees and other service charges

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fees and other service charges

-

-

-

0

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of securities available for sale, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

Other-than-temporary impairment losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16

20

27

25

38

0

0

0

Gain on sale of loans, net

267

0

-

0

0

-

-

-

-

-

52

61

58

54

11

2

2

1

138

0

0

0

-

-

-

-

-

-

-

-

Fees and other service charges

-

-

-

-

-

-

-

-

-

-

-

-

528

469

-

456

401

386

368

379

395

386

385

401

401

413

410

0

0

0

Gain on sale of investments and mortgage-backed securities

0

-

-

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

868

0

0

0

Gain (loss) on the sale of investment securities

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Swap income

-

0

-

0

-

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Holding gain (losses) on equity securities

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on the sale of investment securities (AFS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of office properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

289

2,082

0

-

0

0

-

-

-

-

-

-

-

-

-

Portion of loss recognized in other comprehensive income, before taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

0

6

0

0

0

Net impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21

27

25

32

0

0

0

Income from bank owned life insurance

675

660

645

632

622

629

639

591

660

675

677

648

502

415

333

335

336

339

344

349

340

299

258

0

0

0

-

-

-

-

Gain on sale of securities available for sale

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on equity securities, net

0

0

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SWAP expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

596

600

506

410

285

408

447

671

716

639

579

412

282

123

111

56

85

84

94

94

68

70

68

29

141

233

328

0

0

0

Total non-interest income

5,672

3,546

3,094

2,642

2,440

2,465

2,500

2,664

2,304

2,255

2,198

1,955

1,730

1,421

1,337

1,108

1,153

2,932

3,008

3,126

2,875

1,300

1,111

1,052

1,935

1,721

1,774

0

0

0

NON-INTEREST EXPENSES:
Salaries and employee benefits

9,396

8,981

8,857

8,778

8,645

8,473

8,273

7,928

7,770

7,873

7,468

7,040

6,840

6,370

6,518

7,154

7,627

8,048

7,996

7,907

7,328

6,856

6,741

6,478

6,375

6,255

6,163

0

0

0

Data processing

831

798

789

773

752

740

733

761

756

761

697

597

534

452

456

444

429

423

413

418

424

431

432

422

425

426

429

0

0

0

Professional services

1,397

1,463

1,460

1,401

1,447

1,475

1,866

2,040

1,839

1,906

1,433

1,343

1,343

1,115

1,075

1,205

1,278

1,381

1,378

1,394

1,287

1,229

1,190

955

1,005

980

927

0

0

0

Office occupancy

877

934

968

973

1,013

1,046

1,079

1,106

1,114

1,063

962

618

590

592

670

761

794

802

701

805

648

531

477

465

443

388

392

0

0

0

Depreciation

577

619

619

625

623

624

625

623

624

627

553

0

0

0

-

-

-

-

-

-

-

-

320

324

328

333

337

0

0

0

Depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Payroll taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

0

0

0

Director compensation

258

249

255

253

244

240

234

240

241

273

282

291

357

366

424

430

414

394

354

364

327

331

330

303

310

298

311

0

0

0

Deposit insurance premium

0

-

-

0

0

-

-

0

0

-

-

0

0

-

396

389

350

328

314

287

246

227

258

353

453

561

624

0

0

0

Real estate owned expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

146

166

135

379

447

0

0

0

Advertising

218

237

279

294

287

267

246

229

260

237

214

206

131

123

103

80

100

152

165

164

145

131

186

285

334

344

335

0

0

0

Real estate owned expense

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Merger-related expense

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Communications expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Furniture and fixtures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Core deposit amortization

117

120

123

125

129

134

138

142

145

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

2,026

2,140

2,162

2,395

2,221

2,135

1,991

2,176

2,264

2,365

2,210

1,778

1,406

1,056

1,004

1,088

1,276

1,451

1,528

1,540

1,545

1,420

1,385

1,388

1,298

1,315

1,285

0

0

0

Total non-interest expenses

16,408

16,094

16,065

16,285

15,865

15,588

15,639

15,265

14,995

17,889

16,566

15,766

15,081

11,114

11,290

11,813

12,430

13,145

13,175

12,821

12,145

11,588

11,465

11,165

11,126

11,285

11,250

0

0

0

INCOME BEFORE INCOME TAXES

13,082

12,306

11,680

10,914

10,814

10,870

10,765

10,967

11,003

4,916

3,719

2,343

280

4,446

3,979

2,617

1,539

2,294

2,348

2,813

3,554

2,636

2,470

3,143

3,844

3,352

3,453

0

0

0

INCOME TAXES:
Current expense

2,088

2,345

2,338

1,811

2,394

2,340

2,429

2,398

2,243

979

801

1,237

706

1,459

1,275

932

476

478

461

527

894

804

690

-181

-459

-970

-1,072

0

0

0

Deferred expense (benefit)

391

-58

-188

-278

0

0

-

1,872

2,382

1,856

140

-584

-776

-51

-16

-66

42

-358

-345

0

0

0

-

1,146

1,961

2,501

2,770

0

0

0

Total income tax expense

2,479

2,287

2,150

1,533

1,627

1,866

3,701

4,270

4,625

2,835

941

653

-70

1,408

1,259

866

518

120

116

208

475

723

690

965

1,502

1,531

1,698

0

0

0

NET INCOME

10,603

10,019

9,530

9,381

9,187

9,004

7,064

6,697

6,378

2,081

2,778

1,690

350

3,038

2,720

1,751

1,021

2,174

2,232

2,605

3,079

1,913

1,780

2,178

2,342

1,821

1,755

0

0

0

BASIC EARNINGS PER SHARE

0.33

0.28

0.30

0.30

0.27

0.22

0.27

0.28

0.24

0.00

0.25

0.25

-0.27

0.10

0.14

0.10

0.08

0.05

0.01

0.01

0.20

0.05

0.04

0.06

0.06

0.04

0.08

0.08

0.00

0.03

DILUTED EARNINGS PER SHARE

0.32

0.28

0.30

0.29

0.26

0.22

0.27

0.26

0.24

0.00

0.24

0.25

-0.27

0.10

0.14

0.10

0.07

0.05

0.02

0.01

0.18

0.05

0.03

0.06

0.06

0.04

0.09

0.07

0.00

0.03

DIVIDENDS PER SHARE

0.50

0.07

0.05

0.50

0.05

0.05

0.40

0.05

0.05

0.20

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.03

0.18

0.03

0.03

0.03

0.03

0.00

0.00

-

0.00

-

-