Pcb bancorp (PCB)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Sep'17Jun'17
Interest income:
Interest and fees on loans

20,406

20,888

21,876

21,969

20,934

21,088

19,699

18,610

17,440

16,000

14,807

Interest on tax-exempt investment securities

38

39

38

38

39

39

39

41

40

46

48

Interest on investment securities

606

784

940

1,024

1,054

1,037

892

828

808

700

540

Interest and dividends on other interest-earning assets

610

565

833

999

925

1,067

866

865

340

344

294

Total interest income

21,660

22,276

23,687

24,030

22,952

23,231

21,496

20,344

18,628

17,090

15,689

Interest expense:
Interest on deposits

4,992

5,514

6,060

6,200

5,665

5,239

4,643

4,292

3,166

2,534

2,302

Interest on borrowings

102

102

98

138

134

136

137

170

168

173

3

Total interest expense

5,094

5,616

6,158

6,338

5,799

5,375

4,780

4,462

3,334

2,707

2,305

Net interest income

16,566

16,660

17,529

17,692

17,153

17,856

16,716

15,882

15,294

14,383

13,384

Provision (reversal) for loan losses

2,896

4,030

-102

394

-85

294

417

425

95

586

-274

Net interest income after provision for loan losses

13,670

12,630

17,631

17,298

17,238

17,562

16,299

15,457

15,199

13,797

13,658

Noninterest income:
Service charges and fees on deposits

639

676

667

620

588

664

613

597

565

555

536

Loan servicing income

-554

2,982

-534

492

-631

1,527

-578

585

626

674

601

Gain (Loss) on Sales of Loans, Net

725

1,445

1,540

1,891

1,120

1,083

1,328

1,033

2,116

2,159

2,370

Other income

357

-

323

303

294

-

297

279

271

295

274

Total noninterest income

2,026

3,604

2,802

3,054

2,409

2,239

2,580

2,273

3,362

3,461

3,582

Noninterest expense:
Salaries and employee benefits

6,551

6,016

6,901

6,600

6,622

6,234

5,840

6,153

6,246

5,594

5,574

Occupancy and equipment

1,380

1,417

1,408

1,407

1,313

1,358

1,244

1,246

1,144

1,073

1,090

Professional fees

797

622

664

686

758

452

213

988

523

445

476

Marketing and business promotion

179

501

292

529

228

526

555

541

388

500

419

Data processing

358

361

348

338

318

309

314

295

302

276

261

Director fees and expenses

221

189

188

185

189

281

220

211

230

198

180

Loan related expenses

-

-

-

-

-

-

-

-

-

98

92

Regulatory assessments

219

126

0

309

116

75

192

145

132

108

103

Other expenses

862

1,033

976

930

745

900

942

1,361

666

666

601

Total noninterest expense

10,567

10,265

10,777

10,984

10,289

10,135

9,520

10,940

9,631

8,958

8,796

Income before income taxes

5,129

5,969

9,656

9,368

9,358

9,666

9,359

6,790

8,930

8,300

8,444

Income tax expense

1,600

1,772

2,871

2,800

2,800

2,978

2,800

2,000

2,666

3,494

3,584

Net Income (Loss) Attributable to Parent

3,572

4,158

6,785

6,601

6,564

6,732

6,543

4,762

6,264

4,806

4,860

Earnings Per Share, Basic

0.23

0.27

0.43

0.41

0.41

0.43

0.44

0.35

0.47

0.36

0.36

Earnings Per Share, Diluted

0.23

0.27

0.42

0.40

0.40

0.40

0.44

0.35

0.46

0.35

0.36

Dividend paid per common share (in dollars per share)

-

-

-

-

-

-

-

-

-

0.03

-

Weighted Average Number of Shares Outstanding, Basic

15,505

15,660

15,816

16,017

15,999

16,007

14,730

13,432

13,418

13,412

13,408

Weighted Average Number of Shares Outstanding, Diluted

15,700

15,988

16,099

16,330

16,271

16,625

14,924

13,628

13,586

13,544

13,542

Service charges and fees on deposits
Service charges and fees on deposits

390

407

405

368

364

398

377

376

349

-

-