Randolph bancorp, inc. (RNDB)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15
Interest and dividend income:
Loans

5,620

5,841

6,144

6,058

5,588

5,624

5,036

4,586

4,295

4,050

3,936

3,697

3,416

3,456

3,434

2,830

2,718

2,725

2,751

2,560

2,452

Securities-taxable

370

359

366

358

384

196

386

398

338

194

339

368

358

352

282

307

319

327

396

392

397

Securities-tax exempt

7

7

8

12

16

15

19

21

65

83

87

88

89

89

90

91

96

97

101

104

107

Interest-bearing deposits and certificates of deposit

56

13

23

26

28

215

27

34

29

165

27

22

21

27

70

32

22

25

17

16

15

Total interest and dividend income

6,053

6,220

6,541

6,454

6,016

6,050

5,468

5,039

4,727

4,492

4,389

4,175

3,884

3,924

3,876

3,260

3,155

3,174

3,265

3,072

2,971

Interest expense:
Deposits

1,425

1,582

1,365

1,221

1,160

995

865

730

480

433

406

381

336

312

388

331

314

309

292

297

290

Federal Home Loan Bank of Boston advances

203

245

603

744

478

634

343

276

265

219

167

104

64

76

67

57

61

-

52

31

-

Total interest expense

1,628

1,827

1,968

1,965

1,638

1,629

1,208

1,006

745

652

573

485

400

388

455

388

375

368

344

328

316

Net interest income

4,425

4,393

4,573

4,489

4,378

4,421

4,260

4,033

3,982

3,840

3,816

3,690

3,484

3,536

3,421

2,872

2,780

2,806

2,921

2,744

2,655

Provision for loan losses

724

-

-

-144

-

579

178

-90

95

205

0

100

235

201

-160

0

62

-

-153

125

-

Net interest income after provision for loan losses

3,701

4,249

4,573

4,633

4,378

3,842

4,082

4,123

3,887

3,635

3,816

3,590

3,249

3,335

3,581

2,872

2,718

2,915

3,074

2,619

2,655

Non-interest income:
Customer service fees

306

353

363

362

329

367

357

439

301

-

359

378

-

-

-

-

-

-

-

-

-

Gain on loan origination and sale activities, net

7,144

5,462

5,782

5,068

2,588

2,182

1,956

1,854

1,547

-

2,705

2,520

-

-

-

-

-

-

-

-

-

Customer service fees

-

-

-

-

-

-

-

-

-

-

-

-

372

381

369

396

356

394

408

404

366

Net gain on sales of mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

2,038

3,241

5,401

1,058

681

622

755

608

582

Mortgage servicing fees, net

-

-

-

-

-

-

-

-

-

-

-

-

660

-

-

-

-

-

-

-

-

Mortgage servicing fees, net

-1,254

32

-181

224

319

329

310

291

334

-

199

290

-

356

-95

69

100

-

79

-

-

Gain on sales of securities

-

-

-

-

-

-

0

0

49

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

55

41

Gain on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

0

100

0

62

261

-261

0

-7

Increase in cash surrender value of life insurance

45

47

45

48

45

69

73

38

38

39

38

38

38

32

36

48

56

56

59

60

61

Gain on sales of buildings

-

-

-

-

-

-

230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on life insurance settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

486

-

-

402

-

-

Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,451

-

-

-

-

-

-

Other

210

182

294

153

132

151

282

161

139

-49

270

208

302

446

98

29

48

50

8

7

2

Total non-interest income

6,451

6,092

6,303

5,855

3,413

5,284

3,208

2,783

2,408

2,548

3,571

3,434

3,410

4,281

7,360

2,086

1,303

1,442

1,450

1,134

1,045

Non-interest expenses:
Salaries and employee benefits

8,126

6,382

7,010

6,092

5,412

5,562

4,788

4,979

4,436

4,672

4,668

4,715

4,676

5,237

5,348

2,381

2,202

2,307

2,538

2,223

2,202

Occupancy and equipment

698

811

673

643

656

717

728

729

699

698

682

619

656

680

691

363

394

370

423

407

525

Data processing

196

240

179

197

194

184

172

166

170

218

179

179

182

166

209

131

255

330

263

257

239

Professional fees

405

366

264

287

268

340

252

320

252

325

348

369

302

395

393

305

285

259

231

301

211

Marketing

152

324

275

180

188

312

205

321

303

365

277

199

148

141

135

103

69

125

83

87

87

Foreclosed real estate, net

-

-

-

-

-

-

-

-

-

-

-

-

-

5

5

154

4

2

0

104

17

FDIC insurance

56

-

-

-

31

-

-

-

40

41

18

43

43

-

-

56

83

75

77

77

68

Charitable foundation contribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,275

-

-

-

-

-

-

Merger and integration costs

-

-

-

-

-

-

-

-

-

0

7

357

167

316

514

33

117

-

517

-

-

Other

1,326

1,399

1,317

1,464

1,129

1,292

1,282

1,397

1,098

1,143

1,030

947

955

1,105

1,082

714

607

639

754

666

638

Total non-interest expenses

10,959

9,491

9,718

8,863

7,878

9,335

7,427

7,912

6,998

8,056

7,209

7,428

7,129

8,152

10,652

4,240

4,016

4,201

4,886

4,122

3,987

Loss before income taxes

-807

850

1,158

1,625

-87

-209

-137

-1,006

-703

-1,873

178

-404

-470

-536

289

718

5

156

-362

-369

-287

Income tax expense (benefit)

11

21

14

119

-36

18

5

4

4

-295

129

-254

-23

10

0

0

3

-103

-1

-1

-3

Net loss

-818

829

1,144

1,506

-51

-227

-142

-1,010

-707

-1,578

49

-150

-447

-546

289

718

2

259

-361

-368

-284

Weighted average common shares outstanding (basic and diluted)

5,158

5,244

5,345

5,465

5,478

5,530

5,567

5,580

5,603

5,599

5,429

5,425

5,420

-

5,403

-

-

-

-

-

-

Loss per common share (basic and diluted)

-0.16

0.16

0.21

0.28

-0.01

-0.03

-0.03

-0.18

-0.13

-0.29

0.01

-0.03

-0.08

-

0.05

-

-

-

-

-

-