PDL Community Bancorp PDLB Income Statement

Pdl community bancorp (PDLB)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Sep'16	Jun'16
Interest and dividend income:
Interest on loans receivable
12,782	12,488	12,663	12,060	12,095	12,026	11,483	11,053	10,386	10,106	9,893	9,581	8,592	8,128	7,922
Interest on deposits due from banks
66	73	117	278	149	-	141	226	-	-	-	-	-	-	-
Interest and dividend on available-for-sale securities and FHLBNY stock
182	181	173	76	138	-	113	104	-	-	-	-	-	-	-
Interest and dividends on investment securities and FHLB stock
-	-	-	-	-	-	-	-	324	-	271	123	202	243	307
Total interest and dividend income
13,030	12,742	12,953	12,414	12,382	12,326	11,737	11,383	10,710	10,327	10,164	9,704	8,794	8,371	8,229
Interest expense:
Interest on certificates of deposit
1,827	1,921	1,896	1,904	1,956	2,078	1,942	1,847	1,750	1,599	1,574	1,428	1,316	1,386	1,395
Interest on other deposits
692	616	759	821	631	318	272	199	185	168	176	161	151	104	92
Interest on borrowings
587	643	533	345	333	321	276	204	98	83	66	32	29	1	-
Total interest expense
3,106	3,180	3,188	3,070	2,920	2,717	2,490	2,250	2,033	1,850	1,816	1,621	1,496	1,491	1,487
Net interest income
9,924	9,562	9,765	9,344	9,462	9,609	9,247	9,133	8,677	8,477	8,348	8,083	7,298	6,880	6,742
Provision for loan losses (Note 4)
1,146	95	14	0	149	216	602	337	94	1,219	238	207	52	116	235
Net interest income after provision for loan losses
8,778	9,467	9,751	9,344	9,313	9,393	8,645	8,796	8,583	7,258	8,110	7,876	7,246	6,764	6,507
Noninterest income:
Service charges and fees
248	266	247	228	230	217	191	214	223	-	231	225	-	-	-
Service charges and fees
-	-	-	-	-	-	-	-	-	-	-	-	229	238	229
Brokerage commissions
50	43	36	24	109	109	286	42	96	94	167	168	118	133	70
Late and prepayment charges
119	204	150	262	139	278	65	52	211	207	157	235	211	111	79
Other
205	152	146	172	275	211	172	216	355	169	213	256	200	156	293
Total noninterest income
622	665	579	686	753	815	714	524	885	694	768	884	758	638	671
Noninterest expense:
Compensation and benefits
5,008	4,726	4,667	4,476	5,014	4,371	4,547	4,563	4,458	5,104	4,220	3,956	3,829	3,635	3,687
Occupancy and equipment
2,017	2,026	1,943	1,732	1,911	1,880	1,585	1,717	1,491	1,588	1,412	1,400	1,425	1,410	1,363
Data processing expenses
467	394	398	431	353	358	342	300	408	293	316	413	448	490	381
Direct loan expenses
212	171	183	182	156	216	265	152	155	171	189	184	195	214	211
Insurance and surety bond premiums
121	102	146	83	83	94	87	99	89	64	44	79	82	97	135
Office supplies, telephone and postage
316	316	281	271	317	349	308	352	300	317	250	282	254	279	279
FDIC deposit insurance assessment
-	-	-	66	-	-	-	66	68	-	122	58	66	102	219
Charitable foundation contributions
-	-	-	-	-	-	-	-	-	-	6,293	-	-	-	-
Professional fees
1,627	1,038	956	733	510	1,024	978	529	623	-	-	-	-	-	-
Marketing and promotional expenses
234	39	46	47	26	68	40	55	52	-	-	-	-	-	-
Directors fees
69	69	69	73	83	69	69	70	69	-	-	-	-	-	-
Regulatory dues
46	58	70	47	56	61	63	58	56	-	-	-	-	-	-
Other operating expenses
705	672	575	566	582	718	485	494	490	-474	884	623	797	654	690
Total noninterest expense
10,822	19,475	9,334	8,707	9,091	9,074	8,769	8,455	8,259	8,736	13,730	6,995	7,096	6,881	6,965
Income (loss) before income taxes
-1,422	-9,343	996	1,323	975	1,134	590	865	1,209	-784	-4,852	1,765	908	521	213
Provision (benefit) for income taxes (Note 8)
-209	-1,891	287	373	307	499	188	166	268	2,081	-1,643	641	345	239	117
Net income (loss)
-1,213	-7,452	709	950	668	635	402	699	941	-2,865	-3,209	1,124	563	282	96
Earnings (loss) per share for the period (Note 10)
Basic
-0.07	-0.42	0.04	0.05	0.04	0.04	0.02	0.04	0.05	-	-	-	-	-	-
Diluted
-0.07	-0.42	0.04	0.05	0.04	0.04	0.02	0.04	0.05	-	-	-	-	-	-