Riverview Financial Corp RIVE Income Statement

Riverview financial corp (RIVE)

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	Sep'13	Sep'12
Interest income:
Interest and fees on loans:
Loans, including fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,320	15,786	15,864	15,124	0	0	0	0
Taxable
43,961	44,867	46,960	46,634	46,180	47,733	46,907	40,667	34,430	26,474	19,194	18,075	17,423	17,565	24,409	23,632	19,517	15,333	4,567	1,059	1,132	1,178	944	0	0	0	0
Tax-exempt
994	979	953	924	926	930	938	854	726	600	551	492	473	451	274	265	285	293	389	470	540	632	701	0	0	0	0
Interest on investment securities available-for-sale:
Taxable
2,530	2,735	2,773	2,683	2,493	2,276	2,164	2,090	2,114	2,155	2,163	2,225	2,094	1,931	0	0	0	-	0	-	-	-	-	-	-	-	-
Tax-exempt
168	200	236	273	307	320	331	298	263	228	186	192	237	326	0	0	0	-	0	-	-	-	-	-	-	-	-
Interest-bearing deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	40	39	37	0	0	0	0
Dividends
-	-	-	-	-	-	-	-	-	3	3	4	8	8	-41	-39	-27	13	89	97	92	57	33	0	0	0	-
Interest on interest-bearing deposits in other banks
624	766	861	842	727	575	404	254	177	121	90	72	61	53	0	0	0	-	0	-	-	-	-	-	-	-	-
Interest on federal funds sold
-	-	-	-	-	20	20	22	16	12	12	10	7	2	0	0	0	-	-	-	-	-	-	0	-	-	-
Total interest income
48,277	49,547	51,783	51,356	50,643	51,854	50,764	44,185	37,726	29,593	22,199	21,070	20,303	20,336	19,720	18,698	17,958	17,111	16,921	16,983	17,591	17,771	16,840	0	0	0	0
Interest expense:
Interest on deposits
7,802	8,086	8,226	8,084	7,708	7,189	6,630	5,566	4,511	3,489	2,439	2,065	1,858	1,793	1,760	1,732	1,707	1,679	1,747	1,760	1,785	1,853	1,894	0	0	0	0
Interest on short-term borrowings
0	-	-	-	-	30	63	175	238	230	222	113	63	84	92	104	109	81	55	49	34	21	0	0	0	-	0
Interest on long-term debt
503	514	576	643	704	746	735	616	502	401	309	311	315	295	250	201	169	169	189	224	238	250	259	0	0	0	0
Total interest expense
8,310	8,600	8,802	8,727	8,412	7,965	7,428	6,357	5,251	4,120	2,970	2,489	2,236	2,172	2,102	2,037	1,985	1,929	1,991	2,033	2,057	2,124	0	0	0	-	-
Total Interest Expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net interest income
39,967	40,947	42,981	42,629	42,231	43,889	43,336	37,828	32,475	25,473	19,229	18,581	18,067	18,164	17,618	16,661	15,973	15,182	14,930	14,950	15,534	15,647	14,673	0	0	0	0
Provision for loan losses
3,623	2,406	2,250	1,426	808	615	1,615	2,000	2,519	2,734	1,903	1,322	959	453	0	0	0	-	-	0	-	-	0	-	0	0	0
Net interest income after provision for loan losses
36,344	38,541	40,731	41,203	41,423	43,274	41,721	35,828	29,956	22,739	17,326	17,259	17,108	17,711	16,312	15,384	14,402	13,710	14,080	13,974	15,008	15,121	14,500	0	0	0	0
Noninterest income:
Service charges, fees and commissions
-	-	-	-	-	-	-	-	-	-	-	-	1,317	1,278	0	0	0	-	0	-	-	-	-	-	-	-	-
Commission and fees on fiduciary activities
-	-	-	-	-	-	-	-	-	-	-	-	129	118	0	0	0	-	0	-	-	-	-	-	-	-	-
Wealth management income
-	-	-	-	-	-	-	-	-	-	-	-	925	825	0	0	0	-	0	-	-	-	-	-	-	-	-
Mortgage banking income
-	-	-	-	-	-	-	-	-	-	-	-	597	597	0	0	0	-	0	-	-	-	-	-	-	-	-
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	419	441	451	420	0	0	0	0
Other service charges and fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
Other service charges and fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	592	812	775	0	0	0	0
Bank owned life insurance investment income
769	763	766	767	772	776	779	692	567	449	323	334	336	345	326	250	248	217	218	247	223	223	224	0	0	0	0
Fees and commissions from securities brokerage
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	842	821	834	772	0	0	0	-
Net gain (loss) on sale of investment securities available-for-sale
835	-22	-55	0	0	-	-	0	-	89	106	215	485	484	0	0	0	-	0	0	-	-	0	0	-	-	-
Gain/(loss) on write-down of other real estate owned
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Loss on other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-2	0	0	0	-	0
Gain on sale of mortgage loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	360	318	315	302	0	0	0	0
Total noninterest income
9,633	8,514	8,237	8,331	8,738	8,880	8,535	7,316	5,585	4,411	3,350	3,538	3,789	3,647	3,235	2,818	2,287	2,197	2,544	2,650	2,501	2,779	2,283	0	0	0	0
Noninterest expense:
Salaries and employee benefits expense
21,391	23,845	25,061	24,861	24,252	22,064	22,250	20,146	17,682	15,196	11,171	10,577	9,946	9,261	8,975	8,406	10,073	10,000	9,599	9,701	7,867	7,599	6,929	0	0	0	0
Net occupancy and equipment expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Net occupancy and equipment expense
4,448	4,357	4,185	4,152	4,120	4,153	4,518	4,125	3,747	3,271	2,443	2,366	2,258	2,165	0	0	0	-	-	1,673	1,404	1,355	1,258	0	0	0	0
Equipment expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	651	643	631	593	0	0	0	0
Telecommunication and processing charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,237	1,208	1,182	1,040	0	0	0	0
Postage and office supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	386	382	394	356	0	0	0	0
Loan prepayment penalty
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-
FDIC premiums
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	336	342	364	342	0	0	0	0
Bank shares tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	306	297	294	0	0	0	-	-
Bank shares tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Directors' compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	460	454	452	405	0	0	0	0
Professional services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	485	431	329	296	0	0	0	0
Amortization of intangible assets
749	773	793	814	840	867	888	744	595	538	399	423	428	340	300	277	268	259	274	272	279	286	0	0	0	-	-
Net cost (benefit) of operation of other real estate owned
71	-67	-38	-82	-176	-48	-41	1	-135	-172	-278	-374	-325	-331	-382	-324	-276	-260	-98	-151	-349	-317	-540	0	0	0	-
Other expenses
12,799	13,026	12,442	12,520	11,965	11,793	13,777	12,286	10,774	9,383	5,716	5,433	5,420	5,232	7,085	6,820	5,817	4,852	1,858	1,152	1,418	1,315	1,459	0	0	0	0
Total noninterest expense
39,316	42,068	42,519	42,429	41,353	38,925	41,474	37,300	32,933	28,560	20,007	19,173	18,377	17,329	16,937	16,253	18,068	17,811	17,225	17,148	14,976	14,452	13,185	0	0	0	0
Income (loss) before income taxes
6,661	4,987	6,449	7,105	8,808	13,229	8,782	5,844	2,608	-1,410	669	1,624	2,520	4,029	2,610	1,949	-1,379	-1,904	-601	-524	2,533	3,448	3,598	0	0	0	0
Income tax expense (benefit)
1,055	701	964	1,098	1,448	2,371	5,320	4,769	4,141	3,501	168	553	773	962	437	125	-1,004	-1,150	-763	-723	448	727	903	0	0	0	0
Net income (loss)
5,606	4,286	5,485	6,007	7,360	10,858	3,462	1,075	-1,533	-4,911	501	1,071	1,747	3,067	2,173	1,824	-375	-754	162	199	2,085	2,721	2,695	0	0	0	0
Net income (loss) available to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Distributed and undistributed earnings (loss) allocated to common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities available-for-sale
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification adjustment for net (gain) loss on sale of investment securities available-for-sale included in net income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized gain (loss) on investment securities available-for-sale
-	-	3,230	2,910	-	-1,012	-1,776	-1,250	-116	1,471	-1,960	-2,058	-2,723	-2,728	0	0	0	-	0	-	-	-	-	-	-	-	-
Reclassification adjustment for net (gain) loss on sales included in net income
-	-	-55	-	-	-	-	0	-	89	106	215	485	484	0	0	0	-	0	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-
Income tax expense related to other comprehensive income
430	604	642	563	172	-277	-424	-335	52	451	-687	-757	-1,075	-1,076	0	0	0	-	0	-	-	-	-	-	-	-	-
Other comprehensive income, net of income taxes
1,618	2,271	2,418	2,124	651	-1,040	-1,429	-1,035	-312	877	-1,332	-1,469	-2,086	-2,089	0	0	0	-	0	-	-	-	-	-	-	-	-
Comprehensive income
7,224	6,557	7,903	8,131	8,011	9,818	2,033	40	-1,845	-4,034	-831	-398	-339	978	0	0	0	-	0	-	-	-	-	-	-	-	-
Net income (loss):
Basic
0.07	0.14	0.25	0.16	-0.08	0.27	0.30	0.31	0.31	-0.91	0.08	0.04	-0.12	0.15	0.30	0.27	0.23	-	0.23	-0.50	-	-	0.25	0.20	-	-	-
Diluted
0.07	0.14	0.25	0.16	-0.08	0.27	0.30	0.31	0.31	-0.91	0.08	0.04	-0.12	0.15	0.30	0.27	0.23	-	0.23	-0.50	-	-	0.25	0.20	-	-	-
Average common shares outstanding:
Basic
9,223	9,192	9,173	9,160	9,143	9,115	9,100	9,089	9,079	9,051	4,880	3,655	3,454	3,232	3,224	3,214	3,206	-	2,710	-	-	-	-	-	-	-	-
Diluted
9,233	9,229	9,181	9,172	9,143	9,164	9,156	9,134	9,137	8,915	4,945	3,726	3,454	3,254	3,244	3,245	3,222	-	2,719	-	-	-	-	-	-	-	-
Dividends declared
0.08	-	-	-	0.10	-	-	-	-	0.13	0.14	0.14	0.14	0.13	0.14	0.14	0.14	-	0.14	-	-	-	-	-	-	-	-
Basic and Diluted Earnings Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.14	-	-	-	0.37	0.28	0.12
Dividends Per Share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.14	-	-	-	0.37	0.12	0.12
Service Charges, Fees and Commissions [Member]
Noninterest income
5,514	5,186	5,048	5,186	5,522	5,697	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Commission and Fees on Fiduciary Activities [Member]
Noninterest income
1,033	1,080	1,099	1,011	965	915	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth Management Income [Member]
Noninterest income
913	940	948	921	904	811	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking Income [Member]
Noninterest income
569	567	471	488	577	641	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-