Poage bankshares, inc. (PBSK)
Income statement / Yearly
Dec'17Dec'16Dec'15Dec'14Sep'13Sep'12Sep'11Sep'10
Interest and dividend income
Loans, including fees

17,102

17,524

17,523

15,645

9,780

10,558

11,044

10,985

Taxable securities

998

905

1,012

1,316

1,258

1,504

758

1,824

Tax-exempt securities

461

452

419

500

596

797

1,022

819

Federal funds sold and other

421

223

152

131

116

124

88

101

Total Interest and Dividend Income

18,982

19,104

19,106

17,592

11,750

12,983

12,912

13,729

Interest expense
Deposits

2,456

2,040

1,816

1,709

1,877

2,646

3,731

4,513

Federal Home Loan Bank advances and other borrowings

391

380

394

455

451

607

799

1,058

Total Interest Expense

2,847

2,420

2,210

2,164

2,328

3,253

4,530

5,571

Net interest income

16,135

16,684

16,896

15,428

9,422

9,730

8,382

8,158

Provision for loan losses

3,516

1,249

514

504

106

902

615

650

Net interest income after provision for loan losses

12,619

15,435

16,382

14,924

9,316

8,828

7,767

7,508

Non-interest income
Recovery - fictitious loans

-

-

-

-

743

-

-

-

Recovery (Loss) - fictitious loans

-

-

-

-

-

-151

-

-

Service charges on deposits

1,976

2,029

1,974

1,710

562

578

416

464

Other service charges

51

53

47

33

-

-

-

14

Net gain (loss) on disposal of land and equipment

17

36

-

-

-

-

-

-

Loan servicing fees

298

475

477

-

-

-

-

-

Loss on disposal of equipment

-

-

-

-

-9

-69

-

-

Gains on mortgage loans sold, net

174

218

208

564

701

442

-

-

Net gains (losses) on securities

-

-3

14

232

22

-

-

-

Income from company owned life insurance

171

180

181

213

0

218

226

234

Net gains on sales of loans

-

-

-

-

-

-

361

93

Net gains on sales of securities

-

-

-

-

-

246

28

2,269

Income from death benefit

-

-

-

243

202

-

-

-

Bargain purchase gain

-

-

955

-

-

-

-

-

Other

13

35

56

22

45

27

36

37

Total Non-Interest Income

2,700

3,023

3,912

3,017

2,266

1,291

1,067

3,111

Non-interest expense
Salaries and employee benefits

6,950

7,356

7,272

6,974

4,293

4,223

3,693

3,321

Occupancy and equipment

1,972

2,077

1,791

1,680

874

845

751

695

Data processing

2,650

2,635

2,285

1,942

723

661

502

1,878

Federal deposit insurance

130

181

253

223

174

189

260

286

Loan processing and collection

365

395

312

291

135

-

-

-

Foreclosed assets, net

709

508

335

132

296

144

204

88

Advertising

397

324

185

215

123

280

279

285

Professional fees

553

479

859

932

662

649

200

-

Other taxes

463

426

500

247

250

233

203

-

Director fees and expenses

170

185

230

223

-

-

-

-

Amortization of intangible assets

339

347

343

264

0

-

-

-

Loss on fictitious loans

481

-

-

-

-

-

-

-

Conversion costs

-1,800

-

-575

-872

-

-

-

-

Early termination fee and conversion costs

-

-

-

-

0

-

-

-

Loss on fictitious loans

-

-

-

-

-

-

180

-

Other

1,139

1,118

1,206

1,488

1,013

909

799

1,228

Total Non-Interest Expense

18,118

16,031

16,146

15,483

8,543

8,133

7,071

7,781

Income (loss) before income taxes

-2,799

2,427

4,148

2,458

3,039

1,986

1,763

2,838

Income tax expense (benefit)

69

632

971

612

883

407

209

651

Net income (loss)

-2,868

1,795

3,177

1,846

-

1,579

1,554

2,187

Net income (loss)

-

-

-

-

2,156

-

-

-

Earnings (loss) per common share:
Basic

-0.84

0.50

0.87

0.52

0.69

0.51

0.01

-

Dilutive

-0.84

0.50

0.87

0.52

0.69

0.51

0.01

-

Dividend per share

0.24

0.28

0.23

-

-

-

-

-