PEOPLES BANCORP INC. PEBO Income Statement

Peoples bancorp inc. (PEBO)

Income statement / TTM

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	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	Sep'10	Jun'10	Mar'10
Interest income:
Interest and fees on loans
143,875	143,340	141,012	137,845	132,435	125,263	118,396	111,411	105,625	103,043	100,128	97,251	95,178	93,845	92,829	92,206	90,961	87,155	82,364	75,404	67,328	61,541	56,930	52,978	50,441	48,522	47,469	47,422	47,932	48,238	47,910	48,146	48,492	49,410	50,853	52,968	55,183	57,332	0	0	0
Interest and dividends on taxable investment securities
22,778	23,205	23,745	23,431	23,292	23,132	22,192	22,230	21,356	20,415	19,828	18,669	18,451	18,423	18,526	18,554	18,369	18,051	17,579	17,276	16,863	16,840	17,021	16,959	16,978	16,853	17,167	17,706	18,486	19,778	21,016	22,229	23,453	24,149	24,403	26,220	27,777	29,558	0	0	0
Interest on tax-exempt investment securities
2,749	2,631	2,532	2,455	2,361	2,467	2,557	2,645	2,772	2,923	3,051	3,121	3,140	3,126	3,122	3,151	3,176	2,992	2,680	2,350	1,990	1,810	1,749	1,689	1,637	1,600	1,553	1,511	1,472	1,434	1,427	1,437	1,466	1,550	1,691	1,903	2,137	2,354	0	0	0
Other interest income
979	919	1,155	735	526	402	253	209	181	144	96	64	49	50	47	61	111	135	148	129	26	9	17	34	101	96	72	55	34	20	17	16	17	24	54	82	98	91	0	0	0
Total interest income
170,381	170,095	168,444	164,466	158,614	151,264	143,398	136,495	129,934	126,525	123,103	119,105	116,818	115,444	114,524	113,972	112,617	108,333	102,771	95,159	86,207	80,200	75,717	71,660	69,157	67,071	66,261	66,694	67,924	69,470	70,370	71,828	73,428	75,133	77,001	81,173	85,195	89,335	0	0	0
Interest expense:
Interest on deposits
21,995	22,210	21,095	18,954	16,336	13,705	11,405	9,252	7,880	7,154	6,492	6,054	5,828	5,942	6,021	6,133	6,248	6,206	6,274	6,249	6,097	6,106	6,189	6,349	6,681	7,052	7,463	7,960	8,451	9,059	9,946	11,107	12,492	13,930	15,323	16,684	17,963	19,122	0	0	0
Interest on short-term borrowings
4,578	4,712	5,034	5,501	5,443	5,238	4,441	3,193	2,251	1,534	1,060	800	672	508	375	308	234	182	140	144	149	146	165	147	133	114	80	71	68	74	75	80	87	103	138	176	216	262	0	0	0
Interest on long-term borrowings
2,248	2,335	2,477	2,603	2,668	2,709	2,939	3,541	4,012	4,460	4,629	4,426	4,275	4,129	4,066	4,056	4,175	4,333	4,485	4,571	4,516	4,442	4,402	4,386	4,453	4,520	4,371	4,176	3,969	3,949	4,214	4,563	4,951	5,142	5,345	6,118	7,080	8,063	0	0	0
Interest on junior subordinated debentures held by subsidiary trust
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,913	1,981	1,981	1,982	1,979	1,981	1,981	1,980	1,986	0	0	0
Total interest expense
28,821	29,257	28,606	27,058	24,447	21,652	18,785	15,986	14,143	13,148	12,181	11,280	10,775	10,579	10,462	10,497	10,657	10,721	10,899	10,964	10,762	10,694	10,756	10,882	11,267	11,686	12,345	13,133	13,906	14,995	16,216	17,731	19,512	21,154	22,787	24,959	27,239	29,433	0	0	0
Net interest income
141,560	140,838	139,838	137,408	134,167	129,612	124,613	120,509	115,791	113,377	110,922	107,825	106,043	104,865	104,062	103,475	101,960	97,612	91,872	84,195	75,445	69,506	64,961	60,778	57,890	55,385	53,916	53,561	54,018	54,475	54,154	54,097	53,916	53,979	54,214	56,214	57,956	59,902	0	0	0
Provision for (recovery of) credit losses (a)
19,736	2,504	2,343	2,640	3,202	5,448	5,588	5,372	5,131	3,772	3,368	3,428	3,208	3,539	10,066	14,757	14,702	14,097	6,987	770	681	339	-753	-1,292	-3,337	-4,410	-3,949	-3,986	-3,644	-4,716	-4,686	-2,865	550	7,998	15,423	22,563	25,726	26,916	0	0	0
Net interest income after provision for (recovery of) credit losses
121,824	138,334	137,495	134,768	130,965	124,164	119,025	115,137	110,660	109,605	107,554	104,397	102,835	101,326	93,996	88,718	87,258	83,515	84,885	83,425	74,764	69,167	65,714	62,070	61,227	59,795	57,865	57,547	57,662	59,191	58,840	56,962	53,366	45,981	38,791	33,651	32,230	32,986	0	0	0
Non-interest income:
Gross impairment losses on investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,620	0	0	0
Less: Non-credit losses included in other comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	166	0	0	0
Net impairment losses on investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,786	0	0	0
Insurance income
14,311	14,802	14,893	14,895	14,778	14,812	14,755	14,712	14,757	14,204	13,773	13,565	13,450	13,846	13,847	13,985	13,969	13,783	13,746	13,640	13,800	13,604	13,570	13,662	13,439	12,201	11,447	10,553	9,771	9,844	9,700	9,657	9,384	9,265	9,279	9,171	9,267	8,846	0	0	0
Mortgage banking income
4,290	4,328	3,945	3,801	3,770	3,333	2,863	2,338	1,836	1,872	1,841	1,733	1,531	1,304	1,242	1,027	1,174	1,317	1,292	1,414	1,313	1,237	1,188	1,214	1,268	1,759	2,451	2,729	3,046	2,877	2,526	2,258	1,862	1,687	1,740	1,724	1,705	1,566	0	0	0
Bank owned life insurance income
2,527	2,430	1,957	1,965	1,972	1,955	1,939	1,926	1,925	1,950	1,974	1,983	1,740	1,414	1,085	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	0	0	-	0	0	0
Net gain on investment securities
453	164	70	-27	-117	-146	618	2,479	2,644	2,983	2,287	425	1,174	930	918	981	225	729	911	973	1,028	398	206	81	41	489	716	829	803	3,548	3,275	3,220	3,276	473	473	4,234	7,196	6,852	0	0	0
Commercial loan swap fees
-	-	-	-	-	-	-	-	-	-	-	1,567	1,180	1,076	1,132	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss on asset disposals and other transactions
-687	-782	-568	-478	-590	-334	-463	-500	14	-63	-28	-227	-1,105	-1,133	-1,522	-1,349	-716	-1,788	-1,436	-1,494	-1,545	-431	-410	-320	-139	-155	-1,090	-1,232	-1,269	-4,326	-4,075	-3,525	-4,038	-916	-1,029	-6,056	-6,848	-6,891	0	0	0
Other non-interest income
1,901	2,565	2,625	2,506	2,425	2,655	2,509	2,501	2,784	1,865	1,776	2,017	1,693	1,826	1,799	1,625	1,772	1,798	1,668	1,556	1,272	1,156	1,378	1,330	1,340	1,183	1,197	1,164	1,146	1,201	1,449	1,563	1,529	1,537	1,886	1,698	1,727	1,607	0	0	0
Total non-interest income
64,582	64,274	61,288	59,248	57,214	56,754	56,316	56,409	56,871	55,573	53,904	52,771	51,419	50,867	50,456	49,060	48,496	46,382	44,993	42,952	40,749	40,020	39,017	38,707	38,345	37,554	36,319	35,276	34,495	34,193	33,640	33,954	32,890	32,501	32,237	30,291	32,342	31,595	0	0	0
Non-interest expense:
Salaries and employee benefit costs
78,576	77,860	76,342	75,319	72,520	69,308	66,513	63,746	60,770	60,276	60,238	59,681	58,604	57,433	56,604	55,592	56,180	59,216	58,386	56,481	53,162	46,593	43,163	40,854	38,547	36,472	35,724	34,417	33,898	33,426	34,056	34,706	34,244	33,626	31,398	29,929	29,472	29,222	0	0	0
Net occupancy and equipment expense
12,607	12,431	11,961	11,713	11,384	11,272	11,172	10,941	10,786	10,633	10,560	10,709	10,642	10,735	11,089	11,161	11,718	11,207	10,290	9,717	8,318	7,839	7,541	6,911	6,798	6,840	6,857	6,643	6,520	6,094	5,817	5,847	5,816	5,885	5,866	5,796	5,764	5,781	0	0	0
Electronic banking expense
7,474	7,186	6,910	6,392	6,106	6,057	5,919	5,770	5,888	5,874	5,866	6,113	6,073	5,992	6,016	5,774	5,609	5,300	5,065	4,940	4,571	4,529	4,257	3,894	3,828	3,586	3,536	3,503	3,488	3,342	3,127	2,953	2,768	2,692	2,639	2,594	2,466	2,453	0	0	0
Data processing and software expense
6,539	6,332	6,014	5,850	5,642	5,419	5,200	4,884	4,621	4,441	4,590	4,239	4,156	3,763	3,504	3,673	3,685	3,671	3,296	3,059	2,589	2,424	2,331	2,188	2,121	2,012	2,016	1,956	1,953	1,979	1,929	1,949	1,917	1,893	1,880	1,851	1,925	2,032	0	0	0
Professional fees
7,512	7,095	6,891	6,742	7,420	7,862	8,178	8,176	6,683	6,575	6,725	6,993	7,587	7,436	6,996	6,622	6,307	7,295	7,566	7,730	7,242	5,649	4,748	4,485	4,167	4,207	4,265	4,249	4,451	4,370	4,105	3,740	3,549	3,531	3,583	3,623	3,211	3,108	0	0	0
Amortization of other intangible assets
3,394	3,359	3,332	3,241	3,278	3,338	3,390	3,397	3,407	3,516	3,610	3,749	3,885	4,030	4,156	4,275	4,412	4,077	3,460	2,700	1,838	1,428	1,186	999	881	807	692	646	591	509	481	488	531	586	669	752	835	918	0	0	0
Franchise tax expense
3,248	3,071	3,171	2,990	2,832	2,771	2,370	2,337	2,307	2,246	2,392	2,338	2,237	2,192	1,966	1,939	1,958	1,968	1,729	1,615	1,555	1,392	1,620	1,644	1,615	1,643	1,483	1,486	1,487	1,486	1,618	1,572	1,516	1,505	1,584	1,588	1,604	1,576	0	0	0
Marketing expense
2,170	2,291	2,243	2,065	2,231	1,962	2,029	2,061	1,759	1,714	1,524	1,416	1,476	1,594	1,855	1,934	2,591	2,838	2,934	3,143	2,485	2,299	2,282	2,161	2,310	2,301	2,093	2,027	0	-	0	0	-	-	0	-	-	-	-	-	-
Foreclosed real estate and other loan expenses
2,279	1,956	1,816	1,589	1,458	1,431	1,223	1,064	905	873	908	883	804	859	785	755	1,206	1,276	1,231	1,249	895	789	678	687	652	654	710	787	880	884	1,127	1,115	1,084	1,213	1,100	1,131	1,379	1,675	0	0	0
Communication expense
1,183	1,181	1,179	1,216	1,199	1,265	1,290	1,319	1,409	1,475	1,665	1,849	2,043	2,261	2,294	2,404	2,412	2,286	2,194	1,987	1,785	1,642	1,503	1,424	1,395	1,339	1,361	1,313	1,240	1,285	1,238	1,251	1,257	1,223	0	0	0	-	-	-	-
FDIC insurance premium
226	602	1,125	1,516	1,551	1,546	1,650	1,708	1,749	1,816	1,532	1,632	1,715	1,899	2,274	2,287	2,277	2,084	1,898	1,667	1,424	1,260	1,160	1,053	1,016	1,036	967	1,000	973	1,002	1,104	1,287	1,514	1,867	2,176	2,353	2,515	2,470	0	0	0
Other non-interest expense
14,507	13,886	13,701	13,888	13,995	13,746	13,493	12,753	8,581	8,536	8,241	8,533	8,738	8,717	9,367	9,760	10,094	13,863	13,736	13,592	13,242	9,165	8,954	8,179	7,567	7,368	6,139	6,166	6,030	6,415	6,002	5,542	5,768	5,545	4,494	5,059	5,389	5,596	0	0	0
Total non-interest expense
139,715	137,250	134,685	132,521	129,616	125,977	122,427	118,156	108,865	107,975	107,851	108,135	107,960	106,911	106,906	106,176	108,449	115,081	111,785	107,880	99,106	85,009	79,423	74,479	70,897	68,265	66,976	65,379	64,643	63,474	62,932	62,696	61,729	61,331	58,967	57,495	57,085	57,042	0	0	0
(Loss) income before income taxes
46,691	65,358	64,098	61,495	58,563	54,941	52,914	53,390	58,666	57,203	53,607	49,033	46,294	45,282	37,546	31,602	27,305	14,816	18,093	18,497	16,407	24,178	25,308	26,298	28,675	29,084	27,208	27,444	27,514	29,910	29,548	28,220	24,527	17,151	12,061	6,447	6,687	5,753	0	0	0
Income tax (benefit) expense
8,130	11,663	11,366	10,906	9,680	8,686	11,555	13,861	17,263	18,732	16,729	15,258	14,323	14,125	11,214	8,928	7,680	3,875	5,490	5,849	5,195	7,494	7,755	10,407	11,340	11,510	10,874	8,803	8,764	9,525	9,193	8,768	7,184	4,596	2,782	676	552	172	0	0	0
Net (loss) income
38,561	53,695	52,732	50,589	48,883	46,255	41,359	39,529	41,403	38,471	36,878	33,775	31,971	31,157	26,332	22,674	19,625	10,941	12,603	12,648	11,212	16,684	17,553	15,891	17,335	17,574	16,334	18,641	18,750	20,385	20,355	19,452	17,343	12,555	9,279	5,771	6,135	5,581	0	0	0
Preferred dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,866	1,343	1,017	266	1,016	2,052	0	0	0
Net income available to common shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,523	11,212	7,768	3,983	4,073	3,529	0	0	0
(Loss) earnings per common share - basic
-0.04	0.72	0.72	0.47	0.74	0.72	0.65	0.41	0.64	0.49	0.60	0.54	0.49	0.41	0.43	0.44	0.44	0.16	0.23	0.27	-0.04	0.26	0.33	0.32	0.45	0.48	0.24	0.46	0.47	0.37	0.45	0.47	0.63	0.33	0.35	0.26	0.13	0.00	-0.01	0.27	0.08
(Loss) earnings per common share - diluted
-0.04	0.72	0.72	0.46	0.73	0.71	0.65	0.41	0.64	0.49	0.60	0.53	0.48	0.40	0.43	0.44	0.44	0.16	0.22	0.27	-0.04	0.27	0.32	0.32	0.44	0.47	0.23	0.46	0.47	0.37	0.45	0.47	0.63	0.33	0.35	0.26	0.13	0.00	-0.01	0.27	0.08
Weighted-average number of common shares outstanding - basic
20,367	20,422	20,415	20,277	19,366	19,354	19,325	19,160	18,126	18,069	18,056	18,044	18,029	18,008	17,993	17,980	18,071	18,175	18,127	18,116	15,802	14,709	12,632	10,755	10,636	10,602	10,589	10,576	10,556	10,542	10,530	10,524	10,513	10,494	10,484	10,478	10,471	10,446	10,437	10,422	10,391
Weighted-average number of common shares outstanding - diluted
20,538	20,547	20,595	20,442	19,508	19,472	19,466	19,293	18,256	18,224	18,213	18,203	18,192	18,202	18,110	18,113	18,194	18,295	18,271	18,253	15,930	14,838	12,765	10,880	10,740	10,856	10,692	10,597	10,571	10,544	10,530	10,524	10,513	10,424	10,519	10,507	10,477	10,460	10,437	10,429	10,400
Cash dividends declared
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Cash dividends declared per common share
0.34	-	0.34	0.34	0.30	-	0.28	0.28	0.26	-	0.22	0.20	0.20	-	0.16	0.16	0.15	-	0.15	0.15	0.15	-	0.15	0.15	0.15	-	0.14	0.14	0.12	-	0.11	0.11	0.11	-	0.10	0.00	0.10	-	0.10	0.10	0.10
Unrealized Gain (Loss) on Marketable Securities, Cost Method Investments, and Other Investments
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit and Debit Card [Member]
Revenue from Contract with Customer, Including Assessed Tax
13,973	13,680	12,848	12,161	11,679	11,477	11,126	10,780	10,582	10,358	10,178	10,399	10,379	10,353	10,292	9,768	9,513	8,958	8,379	7,833	7,083	6,642	6,460	6,312	6,311	6,191	6,046	5,983	5,886	5,955	5,760	5,589	5,409	5,142	5,061	4,928	4,819	4,686	0	0	0
Deposit Account [Member]
Revenue from Contract with Customer, Including Assessed Tax
12,179	11,700	11,169	10,588	9,999	9,778	9,644	9,399	9,305	9,614	9,793	10,219	10,488	10,662	10,779	10,868	11,153	10,845	10,451	9,978	9,357	9,173	9,072	9,000	8,818	8,764	8,716	8,600	8,785	8,965	9,237	9,604	9,828	9,765	9,667	9,454	9,457	9,581	0	0	0
Fiduciary and Trust [Member]
Revenue from Contract with Customer, Including Assessed Tax
13,309	13,159	12,851	12,756	12,587	12,543	12,471	12,199	11,944	11,558	11,236	11,090	10,889	10,589	10,339	10,144	9,912	9,577	9,117	8,496	7,885	7,685	7,553	7,428	7,267	7,122	6,844	6,658	6,335	6,129	5,939	5,759	5,719	5,548	5,476	5,317	5,117	5,348	0	0	0