POAGE BANKSHARES, INC. PBSK Income Statement

Poage bankshares, inc. (PBSK)

Income statement / Quarterly

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Interest and dividend income
Loans, including fees
4,099	4,104	4,138	4,225	4,297	4,262	4,318	4,390	4,455	4,361	4,318	4,753	4,380	4,180	4,210	4,568	4,233	4,275	2,569	2,337	2,373	2,407	2,446	2,554	2,592	2,592	2,646	2,728	2,730	2,766	2,803	2,745	2,766
Taxable securities
301	280	252	269	255	250	224	201	207	241	256	255	253	243	261	324	213	388	391	399	328	313	307	310	339	421	409	335	335	181	139	103	484
Tax-exempt securities
116	115	119	116	116	113	116	116	115	111	110	108	104	105	102	109	120	146	125	125	139	151	160	146	165	188	216	228	152	291	305	274	201
Federal funds sold and other
159	139	117	119	113	99	90	75	49	49	50	48	35	36	33	33	38	34	26	22	25	28	30	33	32	27	30	35	22	22	22	22	24
Total Interest and Dividend Income
4,675	4,638	4,626	4,729	4,781	4,724	4,748	4,782	4,826	4,762	4,734	5,164	4,772	4,564	4,606	5,034	4,604	4,843	3,111	2,883	2,865	2,899	2,943	3,043	3,128	3,228	3,301	3,326	3,239	3,260	3,269	3,144	3,475
Interest expense
Deposits
713	687	650	648	629	597	582	582	501	485	472	465	454	450	447	451	461	439	358	367	395	422	478	582	590	615	666	775	899	894	922	1,016	1,098
Federal Home Loan Bank advances and other borrowings
98	99	87	108	114	85	84	88	101	100	91	96	93	102	103	110	134	114	97	95	98	110	117	126	132	146	153	176	176	195	204	224	226
Total Interest Expense
811	786	737	756	743	682	666	670	602	585	563	561	547	552	550	561	595	553	455	462	493	532	595	708	722	761	819	951	1,075	1,089	1,126	1,240	1,324
Net interest income
3,864	3,852	3,889	3,973	4,038	4,042	4,082	4,112	4,224	4,177	4,171	4,603	4,225	4,012	4,056	4,473	4,009	4,290	2,656	2,421	2,372	2,367	2,348	2,335	2,406	2,467	2,482	2,375	2,164	2,171	2,143	1,904	2,151
Provision for loan losses
169	669	497	1,870	947	346	353	437	352	85	375	29	0	394	91	477	27	0	0	0	0	7	99	0	585	57	222	38	155	160	150	150	150
Net interest income after provision for loan losses
3,695	3,183	3,392	2,103	3,091	3,696	3,729	3,675	3,872	4,092	3,796	4,574	4,225	3,618	3,965	3,996	3,982	4,290	2,656	2,421	2,372	2,360	2,249	2,335	1,821	2,410	2,260	2,337	2,009	2,011	1,993	1,754	2,001
Non-interest income
Recovery - fictitious loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	753	-	-	-	-	-	-	-	-	-	-	-
Recovery (Loss) - fictitious loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10	-	-134	-	-	-	-	-	-	-
Service charges on deposits
541	533	484	481	496	523	476	497	525	513	494	513	529	491	441	504	507	489	210	142	148	133	129	152	170	146	158	104	120	107	91	98	144
Other service charges
13	12	12	11	13	12	15	14	13	13	13	13	13	11	10	9	11	7	6	-	4	8	7	-	-	1	6	6	-	6	5	3	1
Net gain (loss) on disposal of land and equipment
0	-2	-1	1	0	0	16	-56	0	0	92	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan servicing fees
131	52	75	-	55	82	82	-	151	139	66	-	113	175	91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposal of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1	0	-10	0	-	-	-	-	-	-	-	-	-
Gains on mortgage loans sold, net
15	46	13	10	91	56	17	58	64	54	42	-	-	-	68	131	213	126	94	66	174	144	222	161	-	-	-	-	-	-	-	-	-
Gains on mortgage banking activity
-	-	-	-	-	-	-	-	-	-	-	-	28	82	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains (losses) on securities
-	-	-	-	-	-	-	-	-	-3	-	-	12	-	-	-	-	294	-	0	22	0	-	-	-	-	-	-	-	-	-	-	-
Income from company owned life insurance
39	41	41	43	43	43	42	45	45	45	45	46	45	45	45	-	-	-	-	0	48	51	50	53	54	54	54	56	56	56	55	59	40
Insurance recovery on fictitious loans
-	850	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gains on sales of loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96	89	138	67	50	51	193	-
Net gains on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	0	6	46	184	10	-	28	-	-	2,269
Income from death benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	78	49	49	67	49	-	-	-	-	-	-	-	-	-	-	-	-	-
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	35	1,555	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on insurance settlement/claims
-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bargain purchase gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
43	4	2	0	6	2	5	20	2	7	6	45	5	2	4	8	6	5	3	17	5	6	7	9	15	3	5	4	24	3	6	3	5
Total Non-Interest Income
782	1,536	626	625	704	718	653	697	800	768	758	71	780	2,361	700	881	786	970	380	274	401	1,095	405	365	265	212	496	318	253	250	208	356	2,459
Non-interest expense
Salaries and employee benefits
1,621	1,679	1,758	1,794	1,599	1,732	1,825	1,770	1,865	1,843	1,878	1,706	1,853	1,870	1,843	1,595	1,933	2,172	1,274	1,355	1,169	1,147	883	1,088	1,171	1,023	1,061	968	1,034	946	898	815	726
Occupancy and equipment
470	450	439	569	458	471	474	614	502	508	453	543	457	394	397	454	450	476	300	285	265	211	223	209	225	216	211	193	190	203	188	170	161
Data processing
712	724	665	686	698	691	575	644	668	616	707	573	615	548	549	528	575	507	332	187	177	193	182	171	175	158	171	157	81	140	134	147	1,079
Federal deposit insurance
27	32	32	31	32	32	35	6	60	51	64	72	62	55	64	72	64	58	29	25	38	46	43	47	44	43	51	51	-4	94	87	83	73
Loan processing and collection
125	126	118	93	82	104	86	127	108	85	75	82	69	90	71	99	71	92	29	38	35	-	-	-	-	-	-	-	-	-	-	-	-
Foreclosed assets, net
0	25	-8	495	67	54	93	199	191	64	54	55	111	63	106	34	11	58	29	2	52	131	36	77	105	-62	59	42	70	87	27	20	8
Advertising
87	58	98	107	75	101	114	87	121	68	48	63	42	42	38	66	57	51	41	27	29	34	36	30	75	83	50	72	76	73	72	58	68
Professional fees
820	103	78	88	303	83	79	84	137	137	121	183	238	251	187	-60	208	413	371	514	248	54	221	174	222	153	137	137	-	7	-	-	-
Other taxes
111	119	111	111	116	116	120	105	106	107	108	101	217	87	95	71	59	58	59	63	63	63	63	61	70	61	51	51	-	75	-	-	-
Director fees and expenses
85	51	39	40	51	39	40	50	44	34	57	50	69	57	54	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Director fees and expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62	55	58	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangible assets
84	87	84	83	85	85	86	86	87	87	87	89	93	80	81	175	15	74	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Early contract termination subsequent measurement
470	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Conversion costs
-14	-55	-99	-	-	-	-	-	-	-	-	-	-85	-418	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Early termination fee and conversion costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	53	877	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
239	361	243	299	298	294	248	306	297	289	226	252	390	294	270	711	91	470	216	343	155	292	349	248	119	236	357	197	26	205	244	324	221
Total Non-Interest Expense
3,925	3,870	3,756	6,677	3,864	3,802	3,775	4,078	4,186	3,889	3,878	3,841	4,301	4,249	3,755	3,735	3,596	4,537	3,615	2,839	2,231	2,171	2,036	2,105	2,206	1,911	2,148	1,868	1,974	1,830	1,650	1,617	2,336
Income (loss) before income taxes
552	849	262	-3,949	-69	612	607	294	486	971	676	804	704	1,730	910	1,142	1,172	723	-579	-144	542	1,284	618	595	-120	711	608	787	288	431	551	493	2,124
Income tax expense (benefit)
260	145	33	-269	-51	245	144	50	122	283	177	459	174	14	324	265	289	212	-154	16	144	406	172	161	-93	162	159	179	35	36	82	56	736
Net income (loss)
292	704	229	-3,680	-18	367	463	244	364	688	499	345	530	1,716	586	-	883	511	-	-	398	878	446	434	-27	549	449	608	253	395	469	437	1,388
Net income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-425	-160	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings (loss) per common share:
Basic
0.09	0.21	0.07	-1.07	-0.01	0.11	0.13	0.07	0.10	0.19	0.14	0.09	0.14	0.48	0.16	0.27	0.24	0.14	-0.13	-0.05	0.12	0.29	0.14	0.14	-0.01	0.18	0.14	0.20	-	-	-	-	-
Basic weighted average shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,541	3,551	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dilutive
0.09	0.21	0.07	-1.07	-0.01	0.11	0.13	0.07	0.10	0.19	0.14	0.09	0.14	0.48	0.16	0.27	0.24	0.14	-0.13	-0.05	0.12	0.29	0.14	0.14	-0.01	0.18	0.14	0.20	-	-	-	-	-
Dilutive weighted average shares outstanding (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,541	3,551	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend per share
0.06	0.06	0.06	-	0.06	0.06	0.06	-	0.08	0.06	0.06	-	0.06	0.06	0.05	-	0.05	0.05	0.05	-	0.04	0.04	0.04	-	-	0.04	0.04	-	-	-	-	-	-