People's Utah Bancorp PUB Income Statement

People's utah bancorp (PUB)

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	Sep'14	Jun'14
Interest income
Interest and fees on loans
107,475	108,530	110,374	110,250	109,695	108,498	103,622	95,045	85,895	76,965	71,072	69,105	67,602	66,600	64,758	62,977	60,903	58,861	56,535	53,909	0	0	0
Interest and dividends on investments
11,806	10,519	9,367	8,109	7,370	6,854	6,706	6,847	6,966	7,015	6,919	6,570	6,257	6,155	6,132	6,085	5,893	5,740	5,708	5,952	0	0	0
Total interest income
119,281	119,049	119,741	118,359	117,065	115,352	110,328	101,892	92,861	83,980	77,991	75,675	73,859	72,755	70,890	69,062	66,796	64,601	62,243	59,861	0	0	0
Interest expense
9,049	9,131	8,849	8,476	7,924	7,174	6,263	5,100	4,071	3,342	2,981	2,937	2,886	2,874	2,893	2,913	2,955	2,961	3,056	3,133	0	0	0
Net interest income
110,232	109,918	110,892	109,883	109,141	108,178	104,065	96,792	88,790	80,638	75,010	72,738	70,973	69,881	67,997	66,149	63,841	61,640	59,187	56,728	0	0	0
Provision for credit losses
6,100	7,000	8,975	8,800	8,125	8,625	6,200	5,175	4,600	2,750	2,150	1,575	900	900	950	825	1,050	1,000	1,400	1,550	0	0	0
Net interest income after provision for credit losses
104,132	102,918	101,917	101,083	101,016	99,553	97,865	91,617	84,190	77,888	72,860	71,163	70,073	68,981	67,047	65,324	62,791	60,640	57,787	55,178	0	0	0
Non-interest income
Mortgage banking
7,078	6,785	6,552	6,104	5,988	6,209	6,722	6,740	7,195	7,536	7,834	8,392	8,709	8,478	7,947	7,544	7,292	7,316	7,225	7,085	0	0	0
Card processing
3,334	3,242	3,154	3,004	2,989	3,097	2,618	2,496	2,389	2,790	1,497	1,922	2,366	2,273	4,399	4,349	4,279	4,250	4,214	4,198	0	0	0
Service charges on deposit accounts
2,930	2,807	2,832	2,825	2,824	2,840	2,809	2,708	2,582	2,445	2,305	2,251	2,204	2,181	2,205	2,236	2,319	2,449	2,595	2,690	0	0	0
Net (loss)/gain on sale of investment securities
-	-	-	-	-	336	335	-152	-484	-499	0	0	0	-	-	-	-	-	-	-	-	-	-
Other
2,246	2,351	2,414	2,346	2,613	2,647	2,500	2,437	2,318	2,122	2,005	1,936	1,784	1,769	1,748	1,749	1,733	1,989	1,929	1,853	0	0	0
Total non-interest income
15,584	15,181	14,953	14,280	14,748	15,129	14,983	14,229	14,000	14,394	13,052	14,398	14,959	14,610	16,299	15,878	15,623	16,004	15,963	15,826	0	0	0
Non-interest expense
Salaries and employee benefits
39,460	38,502	39,220	38,695	39,365	39,902	40,354	39,282	36,848	34,392	32,466	31,327	31,524	31,441	31,584	31,233	30,582	29,892	28,799	28,514	0	0	0
Occupancy, equipment and depreciation
6,117	6,034	6,033	6,070	5,923	6,010	5,888	5,576	5,253	4,827	4,500	4,437	4,425	4,296	4,204	4,072	3,951	3,953	3,890	3,813	0	0	0
Data processing
3,993	3,902	3,634	3,645	3,690	3,515	3,635	3,395	2,993	2,798	2,740	2,755	2,834	2,866	2,761	2,825	2,849	2,831	2,938	2,981	0	0	0
Card processing
-	-	-	-	-	-	-	-	-	-	-	-	2,117	-	2,149	2,152	2,137	2,017	2,013	2,065	0	0	0
Other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Marketing and advertising
2,144	1,828	1,326	863	958	1,288	1,536	1,537	1,565	1,381	1,238	1,196	1,137	1,044	957	935	849	853	875	773	0	0	0
FDIC premiums
-	249	396	629	780	1,019	1,048	944	775	572	515	504	562	631	697	759	762	754	752	761	0	0	0
Acquisition-related costs
-	-	-	-	-	232	716	1,009	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Merger-related expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Other
9,644	9,757	9,919	9,956	10,265	10,030	9,429	8,388	7,526	7,205	6,664	6,667	6,595	6,430	6,764	6,682	6,571	6,468	5,773	5,816	0	0	0
Total non-interest expense
61,517	60,272	60,528	59,740	60,864	61,996	65,718	63,552	59,564	55,959	47,663	46,451	47,016	46,708	49,059	48,601	47,684	46,768	45,198	45,808	0	0	0
Income before income tax expense
58,199	57,827	56,342	55,623	54,900	52,686	47,130	42,294	38,626	36,323	38,249	39,110	38,016	36,883	34,287	32,601	30,730	29,876	28,552	25,196	0	0	0
Income tax expense
13,607	13,503	13,035	12,968	12,767	12,054	16,583	15,992	16,297	16,477	12,454	13,305	13,128	13,273	12,333	11,629	10,671	10,262	9,926	8,775	0	0	0
Net income
44,592	44,324	43,307	42,655	42,133	40,632	30,547	26,302	22,329	19,846	25,795	25,805	24,888	23,610	21,954	20,972	20,059	19,614	18,626	16,421	0	0	0
Earnings per common share:
Basic
0.57	0.62	0.59	0.58	0.56	0.58	0.56	0.56	0.48	0.03	0.35	0.36	0.36	0.37	0.35	0.31	0.30	0.28	0.30	0.31	0.32	0.27	0.20
Diluted
0.57	0.61	0.59	0.58	0.55	0.56	0.55	0.55	0.48	0.03	0.34	0.35	0.36	0.36	0.34	0.31	0.29	0.27	0.29	0.30	0.31	0.26	0.20
Weighted average common shares outstanding:
Basic
18,884	18,861	18,840	18,805	18,781	18,724	18,713	18,679	18,598	18,280	17,976	17,937	17,884	17,796	17,764	17,738	17,632	17,599	17,467	15,197	14,770	14,709	14,646
Diluted
19,038	19,041	19,029	19,007	18,989	18,992	19,010	18,989	18,937	18,725	18,396	18,351	18,316	18,314	18,248	18,173	18,124	18,225	18,105	15,684	15,301	15,142	15,054