Randolph bancorp, inc. (RNDB)
Income statement / TTM
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

23,663

23,631

23,414

22,306

20,834

19,541

17,967

16,867

15,978

15,099

14,505

14,003

13,136

12,438

11,707

11,024

10,754

10,488

0

0

0

Securities-taxable

1,453

1,467

1,304

1,324

1,364

1,318

1,316

1,269

1,239

1,259

1,417

1,360

1,299

1,260

1,235

1,349

1,434

1,512

0

0

0

Securities-tax exempt

34

43

51

62

71

120

188

256

323

347

353

356

359

366

374

385

398

409

0

0

0

Interest-bearing deposits and certificates of deposit

118

90

292

296

304

305

255

255

243

235

97

140

150

151

149

96

80

73

0

0

0

Total interest and dividend income

25,268

25,231

25,061

23,988

22,573

21,284

19,726

18,647

17,783

16,940

16,372

15,859

14,944

14,215

13,465

12,854

12,666

12,482

0

0

0

Interest expense:
Deposits

5,593

5,328

4,741

4,241

3,750

3,070

2,508

2,049

1,700

1,556

1,435

1,417

1,367

1,345

1,342

1,246

1,212

1,188

0

0

0

Federal Home Loan Bank of Boston advances

1,795

2,070

2,459

2,199

1,731

1,518

1,103

927

755

554

411

311

264

261

0

0

0

-

0

0

-

Total interest expense

7,388

7,398

7,200

6,440

5,481

4,588

3,611

2,976

2,455

2,110

1,846

1,728

1,631

1,606

1,586

1,475

1,415

1,356

0

0

0

Net interest income

17,880

17,833

17,861

17,548

17,092

16,696

16,115

15,671

15,328

14,830

14,526

14,131

13,313

12,609

11,879

11,379

11,251

11,126

0

0

0

Provision for loan losses

0

-

-

0

-

762

388

210

400

540

536

376

276

103

0

0

0

-

0

0

-

Net interest income after provision for loan losses

17,156

17,833

17,426

16,935

16,425

15,934

15,727

15,461

14,928

14,290

13,990

13,755

13,037

12,506

12,086

11,579

11,326

11,263

0

0

0

Non-interest income:
Customer service fees

1,384

1,407

1,421

1,415

1,492

1,464

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

Gain on loan origination and sale activities, net

23,456

18,900

15,620

11,794

8,580

7,539

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

Customer service fees

-

-

-

-

-

-

-

-

-

-

-

-

1,518

1,502

1,515

1,554

1,562

1,572

0

0

0

Net gain on sales of mortgage loans

-

-

-

-

-

-

-

-

-

-

-

-

11,738

10,381

7,762

3,116

2,666

2,567

0

0

0

Mortgage servicing fees, net

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

Mortgage servicing fees, net

-1,179

394

691

1,182

1,249

1,264

0

0

0

-

0

0

-

430

0

0

0

-

0

-

-

Gain on sales of securities

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Gain on sales of securities

-

-

-

-

-

-

-

-

-

-

-

-

-

162

423

62

62

-7

0

0

0

Increase in cash surrender value of life insurance

185

185

207

235

225

218

188

153

153

153

146

144

154

172

196

219

231

236

0

0

0

Gain on sales of buildings

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on life insurance settlement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

-

Bargain purchase gain

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Other

839

761

730

718

726

733

533

521

568

731

1,226

1,054

875

621

225

135

113

67

0

0

0

Total non-interest income

24,701

21,663

20,855

17,760

14,688

13,683

10,947

11,310

11,961

12,963

14,696

18,485

17,137

15,030

12,191

6,281

5,329

5,071

0

0

0

Non-interest expenses:
Salaries and employee benefits

27,610

24,896

24,076

21,854

20,741

19,765

18,875

18,755

18,491

18,731

19,296

19,976

17,642

15,168

12,238

9,428

9,270

9,270

0

0

0

Occupancy and equipment

2,825

2,783

2,689

2,744

2,830

2,873

2,854

2,808

2,698

2,655

2,637

2,646

2,390

2,128

1,818

1,550

1,594

1,725

0

0

0

Data processing

812

810

754

747

716

692

726

733

746

758

706

736

688

761

925

979

1,105

1,089

0

0

0

Professional fees

1,322

1,185

1,159

1,147

1,180

1,164

1,149

1,245

1,294

1,344

1,414

1,459

1,395

1,378

1,242

1,080

1,076

1,002

0

0

0

Marketing

931

967

955

885

1,026

1,141

1,194

1,266

1,144

989

765

623

527

448

432

380

364

382

0

0

0

Foreclosed real estate, net

-

-

-

-

-

-

-

-

-

-

-

-

-

168

165

160

110

123

0

0

0

FDIC insurance

0

-

-

-

0

-

-

-

142

145

0

0

0

-

-

291

312

297

0

0

0

Charitable foundation contribution

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

Merger and integration costs

-

-

-

-

-

-

-

-

-

531

847

1,354

1,030

980

0

0

0

-

0

-

-

Other

5,506

5,309

5,202

5,167

5,100

5,069

4,920

4,668

4,218

4,075

4,037

4,089

3,856

3,508

3,042

2,714

2,666

2,697

0

0

0

Total non-interest expenses

39,031

35,950

35,794

33,503

32,552

31,672

30,393

30,175

29,691

29,822

29,918

33,361

30,173

27,060

23,109

17,343

17,225

17,196

0

0

0

Loss before income taxes

2,826

3,546

2,487

1,192

-1,439

-2,055

-3,719

-3,404

-2,802

-2,569

-1,232

-1,121

1

476

1,168

517

-570

-862

0

0

0

Income tax expense (benefit)

165

118

115

106

-9

31

-282

-158

-416

-443

-138

-267

-13

13

-100

-101

-102

-108

0

0

0

Net loss

2,661

3,428

2,372

1,086

-1,430

-2,086

-3,437

-3,246

-2,386

-2,126

-1,094

-854

14

463

1,268

618

-468

-754

0

0

0

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

-

-

-

-

-

-