Premier financial bancorp inc (PFBI)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Interest income
Loans, including fees

15,754

16,283

16,438

16,227

16,289

15,407

13,731

13,684

14,034

13,758

13,469

14,663

13,535

13,144

13,375

13,108

12,601

11,322

12,506

11,641

11,665

11,993

12,056

11,262

11,663

10,105

11,615

10,706

9,760

9,994

10,759

10,027

12,337

10,884

11,252

11,287

10,940

10,964

11,018

Securities available for sale
Taxable

2,543

2,344

2,266

2,313

2,338

2,235

1,745

1,634

1,408

1,392

1,427

1,464

1,345

1,275

1,285

1,362

1,428

1,227

1,176

1,206

1,257

1,297

1,365

1,400

1,315

1,361

1,501

1,528

1,582

1,603

1,740

1,829

1,791

1,798

1,916

2,121

1,936

1,976

2,048

Tax-exempt

89

83

85

88

92

88

52

55

59

63

62

64

72

78

82

88

84

45

51

56

55

57

59

63

35

35

36

41

43

46

50

56

56

57

58

60

62

63

65

Interest income on federal funds sold and interest income classified as other.. Federal funds sold represent the excess federal funds held by one commercial bank which it lends to another commercial bank, usually at an agreed-upon (federal funds) rate of interest. Such loans generally are of short-duration (overnight).

258

390

519

478

345

538

473

380

298

161

176

182

157

103

123

108

97

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal funds sold and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

52

36

-

46

64

32

45

40

42

30

40

31

44

32

43

28

40

53

49

34

Total interest income

18,644

19,100

19,308

19,106

19,064

18,268

16,001

15,753

15,799

15,374

15,134

16,373

15,109

14,600

14,865

14,666

14,210

12,661

13,782

12,955

13,013

13,390

13,526

12,789

13,045

11,546

13,192

12,317

11,415

11,683

12,580

11,956

14,216

12,782

13,254

13,508

12,991

13,052

13,165

Interest expense
Deposits

2,165

2,307

2,367

2,285

2,050

1,861

1,355

1,197

1,031

1,001

954

951

949

967

965

975

977

821

858

887

916

938

953

960

887

949

994

1,054

1,091

1,228

1,353

1,437

1,535

1,623

1,746

1,826

1,932

2,125

2,190

Gross expenses on securities sold coupled with an agreement to repurchase the same from the same counterparty at a fixed or determinable price within a fixed or variable time period and interest expense classified as other.

24

25

24

12

9

9

10

7

8

12

7

7

7

9

10

11

7

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other borrowings

0

-

0

10

21

-

37

41

47

-

68

79

87

-

101

107

-

-

132

136

-

-

-

-

-

-

-

-

-

-

-

189

237

-

257

270

263

215

223

Repurchase agreements and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

9

10

-

8

9

7

10

9

6

12

18

22

22

26

34

37

40

47

42

39

FHLB advances

30

78

48

48

55

237

0

0

0

-

-

-

-

321

10

15

120

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

FHLB advances and other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

123

-

-

-

-

-

-

-

-

-

188

-

-

-

-

-

-

-

-

Subordinated debt

83

88

91

96

94

95

90

89

78

77

74

74

70

75

63

67

51

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

139

144

144

-

162

164

172

-

-

-

-

-

-

-

-

-

-

Total interest expense

2,302

2,467

2,530

2,451

2,229

2,077

1,492

1,334

1,164

1,175

1,103

1,111

1,113

1,164

1,149

1,175

1,155

951

999

1,032

1,049

1,085

1,100

1,113

1,038

1,111

1,165

1,224

1,275

1,427

1,563

1,648

1,798

1,909

2,040

2,136

2,242

2,382

2,452

Net interest income

16,342

16,633

16,778

16,655

16,835

16,191

14,509

14,419

14,635

14,199

14,031

15,262

13,996

13,436

13,716

13,491

13,055

11,710

12,783

11,923

11,964

12,305

12,426

11,676

12,007

10,435

12,027

11,093

10,140

10,256

11,017

10,308

12,418

10,873

11,214

11,372

10,749

10,670

10,713

Provision for loan losses

1,000

-65

425

330

560

425

275

500

1,115

466

891

776

366

312

312

812

312

94

309

-146

69

387

536

-79

-310

-925

50

-70

570

1,300

1,260

750

950

480

810

1,820

520

761

1,409

Net interest income after provision for loan losses

15,342

16,698

16,353

16,325

16,275

15,766

14,234

13,919

13,520

13,733

13,140

14,486

13,630

13,124

13,404

12,679

12,743

11,616

12,474

12,069

11,895

11,918

11,890

11,755

12,317

11,360

11,977

11,163

9,570

8,956

9,757

9,558

11,468

10,393

10,404

9,552

10,229

9,909

9,304

Non-interest income
Fees earned from our deposit customers for transaction-based, account maintenance, and overdraft services.

1,106

1,229

1,216

1,122

1,094

1,219

1,183

1,066

1,094

-

1,136

1,089

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total non-interest income

-

-

-

-

-

-

-

-

-

-

-

-

2,017

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Service charges on deposit accounts

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,031

983

961

925

948

914

878

1,014

924

899

739

838

883

847

789

921

919

873

830

935

1,021

981

888

1,025

1,069

Income derived from customers' using an electronic means to transact their business. Includes but is not limited to income from (1) credit cards and debit cards, (2) Fees charged to customers for the use of internet banking facilities and (3) fees charged to non-customers for the use of bank-owned ATM's.

818

848

891

927

822

853

968

892

817

-

811

833

-

790

791

802

762

675

670

702

644

640

647

655

495

517

514

517

470

505

502

522

488

473

442

479

449

383

372

Secondary market mortgage income

66

60

97

33

24

38

29

81

32

-

67

39

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Secondary market mortgage income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

59

40

39

38

22

38

57

73

50

19

45

70

47

94

109

74

103

25

66

108

52

88

128

95

Gain on disposition of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

28

-

-

-

72

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

148

-

273

0

0

-

0

-

-

-

-

Other

259

203

267

265

236

254

257

192

123

-

163

173

-

225

176

221

174

191

146

124

145

196

186

179

128

155

219

170

144

174

168

134

174

208

295

222

186

199

158

Total non-interest income

2,249

2,340

2,471

2,347

2,176

2,364

2,437

2,231

2,066

-

2,177

2,134

-

2,123

2,062

2,065

1,937

1,830

1,802

1,762

1,705

1,908

1,858

1,783

1,381

2,748

1,758

1,581

1,645

4,444

1,936

1,632

1,517

1,700

1,866

1,734

1,611

1,735

1,694

Non-interest expenses
Salaries and employee benefits

5,408

5,437

5,422

5,427

5,199

5,136

4,846

5,043

4,778

4,652

4,760

4,973

4,970

4,780

4,817

5,217

4,991

3,984

4,149

4,475

4,341

4,814

4,400

4,873

3,984

3,868

3,741

3,845

3,592

3,581

3,720

3,858

3,963

4,020

4,174

4,012

4,031

3,978

3,916

Occupancy and equipment expenses

1,725

1,668

1,700

1,877

1,664

1,634

1,570

1,480

1,610

1,518

1,511

1,449

1,521

1,569

1,635

1,550

1,512

1,283

1,328

1,263

1,327

1,272

1,281

1,307

1,153

1,086

1,070

1,103

1,079

1,108

1,143

1,121

1,181

1,194

1,188

1,282

1,236

1,166

1,193

Outside data processing

1,531

1,494

1,478

1,426

1,384

1,358

1,315

1,277

1,249

1,154

1,344

1,355

1,320

1,275

1,300

1,314

1,321

1,120

1,104

1,075

1,096

1,080

1,079

1,029

869

861

836

855

820

784

850

873

872

1,117

954

1,180

1,207

1,029

1,021

Professional fees

244

174

286

306

365

245

526

399

336

254

196

277

248

284

167

183

150

167

189

179

129

121

-104

209

536

99

356

289

156

272

325

300

284

236

248

222

260

249

266

Taxes, other than payroll, property and income

275

239

235

261

238

219

217

212

240

191

189

211

189

141

156

159

158

115

135

145

196

66

203

152

152

174

149

151

212

135

187

190

155

90

158

222

193

254

257

The expenses incurred in holding real estate acquired via foreclosure prior to liquidation. Includes operating expenses, net of any revenue generated the properties operations (such as rent), any write-downs in carrying value due to impairment and any gains or losses recognized upon liquidation (disposition).

68

860

213

228

249

579

26

525

-886

462

346

553

240

424

765

398

239

758

669

340

342

102

450

-488

94

1,097

160

272

324

1,635

372

293

214

-

-

-

-

-48

312

Amortization of intangibles

242

212

223

223

227

203

190

190

195

206

252

251

265

277

278

317

267

209

210

209

225

225

225

224

144

144

152

152

152

152

173

174

173

174

203

205

210

131

135

Write-downs, expenses, sales of other real estate owned, net of gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

316

323

84

-

-

Loan collection expenses

-

-

-

-

-

-

-

-

-

-

-

-

99

-

-

-

-

-

-

-

-

-

-

-

-

33

114

129

137

140

189

184

669

331

471

180

190

-

-

FDIC insurance

-4

-15

-5

119

124

121

171

124

148

169

159

154

193

88

278

214

260

213

232

206

215

220

247

260

201

211

212

200

212

226

102

239

242

225

21

469

508

473

417

Conversion expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

146

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Conversion expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-31

909

463

379

61

0

Other expenses

1,248

969

1,198

1,174

1,143

616

1,306

1,208

1,319

757

1,168

1,181

953

746

1,212

1,285

1,031

745

1,070

1,037

921

707

1,047

1,148

896

821

789

813

703

675

843

834

841

923

895

1,158

1,009

1,177

1,038

Total non-interest expenses

10,737

11,380

10,750

11,041

10,593

10,857

10,167

10,458

8,989

9,891

9,925

10,404

9,998

9,873

10,608

10,637

10,075

8,997

9,086

8,929

8,792

8,919

8,828

8,714

8,029

8,394

7,579

7,809

7,387

8,708

7,904

8,066

8,594

7,961

9,537

9,716

9,307

8,470

8,555

Income before income taxes

6,854

7,658

8,074

7,631

7,858

7,273

6,504

5,692

6,597

6,169

5,392

6,216

5,649

5,374

4,858

4,107

4,605

4,449

5,190

4,902

4,808

4,907

4,920

4,824

5,669

5,714

6,156

4,935

3,828

4,692

3,789

3,124

4,391

4,132

2,733

1,570

2,533

3,174

2,443

Provision for income taxes

1,486

1,764

1,807

1,772

1,682

1,634

1,483

1,317

1,464

2,400

1,925

2,297

1,985

1,967

1,694

1,483

1,626

1,597

1,865

1,775

1,666

1,678

1,769

1,724

1,999

2,024

2,230

1,826

1,324

1,702

1,378

1,032

1,561

1,477

920

541

862

1,069

224

Net income

5,368

5,894

6,267

5,859

6,176

5,639

5,021

4,375

5,133

3,769

3,467

3,919

3,664

3,407

3,164

2,624

2,979

2,852

3,325

3,127

3,142

3,229

3,151

3,100

3,670

3,690

3,926

3,109

2,504

2,990

2,411

2,092

2,830

2,655

1,813

1,029

1,671

2,105

2,219

Discount on redemption of preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

904

-

-

-

0

-

-

-

-

Preferred stock dividends and accretion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63

205

165

165

164

165

165

165

777

297

-306

305

306

305

305

305

305

305

Net income available to common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,166

2,946

2,935

3,505

3,526

3,761

2,944

2,339

2,826

3,018

1,786

2,525

2,349

1,508

724

1,366

1,800

1,914

EARNINGS PER SHARE [Abstract]
Basic (in dollars per share)

0.37

0.40

0.43

0.40

0.42

0.39

0.38

0.33

0.38

0.22

0.26

0.29

0.34

0.08

0.30

0.25

0.29

0.20

0.41

0.38

0.39

0.25

0.36

0.36

0.44

0.44

0.47

0.37

0.29

0.35

0.38

0.23

0.32

0.30

0.19

0.09

0.17

0.23

0.24

Diluted (in dollars per share)

0.36

0.39

0.43

0.40

0.42

0.40

0.37

0.32

0.38

0.21

0.26

0.29

0.34

0.08

0.30

0.25

0.29

0.22

0.40

0.37

0.36

0.24

0.34

0.34

0.41

0.42

0.44

0.35

0.28

0.34

0.37

0.22

0.31

0.29

0.19

0.09

0.17

0.22

0.23

Dividends per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.12

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