SB ONE BANCORP SBBX Income Statement

Sb one bancorp (SBBX)

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	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Sep'10	Jun'10
INTEREST INCOME
Loans receivable, including fees
76,707	75,537	70,242	64,116	57,619	51,359	46,394	41,941	37,255	32,953	31,317	29,732	28,315	26,862	25,235	23,654	22,470	21,497	20,986	20,536	20,061	19,512	19,010	18,669	18,354	18,007	17,714	17,582	17,472	17,646	17,880	18,100	18,464	18,798	18,975	19,037	0	0	0
Securities:
Taxable
5,799	5,466	4,973	4,419	3,946	3,507	2,849	2,292	1,832	1,437	1,391	1,408	1,408	1,443	1,465	1,390	1,348	1,239	1,105	992	904	854	832	754	666	603	564	675	982	1,148	1,320	1,392	1,269	1,314	1,400	1,539	0	0	0
Tax-exempt
719	1,048	1,392	1,699	1,811	1,744	1,603	1,475	1,342	1,274	1,183	1,070	944	832	831	861	892	899	843	843	877	923	994	1,017	1,008	1,016	1,073	1,111	1,155	1,138	1,116	1,120	1,121	1,168	1,171	1,140	0	0	0
Federal funds sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	6	16	0	0	0
Interest bearing deposits
229	258	241	167	118	99	76	59	49	35	34	35	35	23	18	12	9	9	8	11	12	11	18	16	14	16	14	16	23	35	53	69	70	56	53	41	0	0	0
Total Interest Income
83,454	82,309	76,848	70,401	63,494	56,709	50,922	45,767	40,478	35,699	33,925	32,245	30,702	29,160	27,549	25,917	24,719	23,644	22,942	22,382	21,854	21,300	20,854	20,456	20,042	19,642	19,365	19,384	19,632	19,967	20,370	20,682	20,927	21,340	21,605	21,773	0	0	0
INTEREST EXPENSE
Deposits
18,071	17,595	15,883	13,284	10,484	8,078	6,325	5,132	4,325	3,584	3,151	2,807	2,591	2,449	2,300	2,129	1,931	1,772	1,721	1,697	1,674	1,648	1,646	1,641	1,679	1,827	1,966	2,134	2,313	2,494	2,737	2,956	3,091	3,141	3,285	3,590	0	0	0
Borrowings
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings
-	-	4,251	4,095	-	-	2,714	2,169	1,774	1,749	1,887	1,997	1,966	1,922	1,819	1,701	1,633	1,576	1,512	1,485	1,466	1,434	1,401	1,331	1,243	1,157	1,096	1,071	1,062	1,065	1,064	1,064	1,064	1,064	1,155	1,242	0	0	0
Subordinated debentures
1,267	1,266	1,266	1,266	1,263	1,263	1,267	1,269	1,272	1,278	0	0	0	-	0	0	0	-	215	214	212	212	213	213	216	217	221	227	233	241	241	236	230	222	226	226	0	0	0
Total Interest Expense
23,653	23,249	21,400	18,645	15,743	12,629	10,306	8,570	7,371	6,611	6,120	5,666	5,201	4,762	4,443	4,109	3,799	3,568	3,448	3,396	3,352	3,294	3,260	3,185	3,138	3,201	3,283	3,432	3,608	3,800	4,042	4,256	4,385	4,427	4,666	5,058	0	0	0
Net Interest Income
59,801	59,060	55,448	51,756	47,751	44,080	40,616	37,197	33,107	29,088	27,805	26,579	25,501	24,398	23,106	21,808	20,920	20,076	19,494	18,986	18,502	18,006	17,594	17,271	16,904	16,441	16,082	15,952	16,024	16,167	16,328	16,426	16,542	16,913	16,939	16,715	0	0	0
PROVISION FOR LOAN LOSSES
2,839	2,531	2,193	1,878	1,500	1,437	1,686	1,705	1,687	1,586	1,364	1,482	1,487	1,291	1,184	727	542	636	812	1,189	1,389	1,537	1,634	1,756	2,056	2,745	3,750	4,354	4,612	4,330	3,540	3,173	3,327	3,306	3,350	3,578	0	0	0
Net Interest Income after Provision for Loan Losses
56,962	56,529	53,255	49,878	46,251	42,643	38,930	35,492	31,420	27,502	26,441	25,097	24,014	23,107	21,922	21,081	20,378	19,440	18,682	17,797	17,113	16,469	15,960	15,515	14,848	13,696	12,332	11,598	11,412	11,837	12,788	13,253	13,215	13,607	13,589	13,137	0	0	0
NON -INTEREST INCOME
Service fees on deposit accounts
-	-	-	-	-	-	-	-	1,198	1,123	1,061	1,032	1,003	975	976	961	918	906	919	944	996	1,047	1,079	1,107	1,113	1,135	1,139	1,148	1,152	1,141	1,164	1,196	1,249	1,290	1,343	1,359	0	0	0
ATM and debit card fees
-	-	-	-	-	-	-	-	810	777	768	760	760	767	780	788	789	776	765	749	733	726	714	713	706	699	693	677	650	627	598	573	560	545	528	515	0	0	0
Bank-owned life insurance
929	931	895	850	806	761	707	661	601	522	461	391	338	308	303	307	311	313	314	314	317	322	329	336	344	353	361	372	383	394	405	414	418	419	414	382	0	0	0
Insurance commissions and fees
-	-	-	-	-	-	-	-	5,474	5,326	5,099	4,926	4,822	4,796	4,690	4,555	4,252	3,686	3,575	3,361	3,321	3,139	3,067	3,082	3,033	2,902	2,837	2,765	2,727	2,484	2,438	2,299	2,254	2,270	2,209	2,254	0	0	0
Investment brokerage fees
93	134	138	118	138	104	104	84	43	24	20	1	51	75	94	144	135	130	132	103	99	108	113	139	156	170	163	172	154	145	160	147	150	145	127	143	0	0	0
Net gain on sales of securities
-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of loans, held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	47	0	0	0	-	-	-	-	-	-
Net gain (loss) on sales of securities
-	-	-	-	-	-	-	-	-	-9	134	249	384	444	365	287	270	271	431	514	0	-	0	0	-	393	1,435	2,004	2,110	1,799	762	462	0	-	0	0	-	-	-
Net (loss) gain on disposal of premises and equipment
-	-	0	0	-	-	0	0	-	-	0	0	-	-19	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Realized holding gains on trading securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Gain on sale of securities, available for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Net (loss) gain on sale of premises and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	0	0	0	-	-	-	-	0	-
Net gain (loss) on sale of foreclosed real estate
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-38	10	9	0	0	0
Impairment write-downs on equity securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other
-	-	-	-	-	-	-	-	648	515	486	415	430	483	469	516	544	501	462	389	353	335	406	428	423	440	358	374	398	373	352	302	235	238	229	250	0	0	0
Total Non-Interest Income
14,393	14,345	13,621	13,036	11,525	10,749	10,217	9,728	8,665	8,285	8,029	7,774	7,782	7,829	7,520	7,401	7,076	6,453	6,468	6,314	6,271	5,961	5,961	5,894	5,799	6,093	6,983	7,509	7,564	7,001	6,031	5,277	5,360	5,283	5,128	5,060	0	0	0
NON-INTEREST EXPENSES
Salaries and employee benefits
25,574	24,934	23,896	22,705	21,782	20,710	19,285	18,007	16,273	14,773	14,396	13,884	13,283	13,078	12,690	12,366	12,079	11,506	11,077	10,789	10,441	10,079	9,871	9,627	9,507	9,324	9,186	8,995	8,798	8,987	9,060	9,083	8,945	8,528	8,097	8,017	0	0	0
Occupancy, net
3,483	3,383	3,294	3,211	2,953	2,776	2,548	2,253	1,982	1,880	1,878	1,879	1,935	1,859	1,820	1,767	1,698	1,751	1,729	1,694	1,648	1,624	1,606	1,573	1,523	1,464	1,462	1,475	1,482	1,450	1,428	1,411	1,393	1,412	1,391	1,384	0	0	0
Data processing
4,106	3,992	3,850	3,560	3,500	3,351	2,970	2,825	2,407	2,173	2,125	2,089	2,116	2,108	2,028	1,967	1,848	1,653	1,604	1,685	1,688	1,714	1,629	1,421	1,327	1,276	0	0	0	-	-	-	-	-	-	-	-	-	-
Furniture and equipment
1,345	1,345	1,276	1,219	1,231	1,194	1,126	1,071	979	938	934	951	1,000	993	984	957	888	865	914	877	775	729	613	566	599	587	50	239	428	630	1,320	1,277	1,231	1,177	1,196	1,208	0	0	0
Advertising and promotion
525	545	493	501	663	587	537	454	258	308	316	315	312	311	355	357	361	326	295	319	307	281	273	247	264	260	261	261	254	285	253	242	200	172	177	176	0	0	0
Professional fees
1,668	1,687	1,516	1,627	1,545	1,412	1,397	1,317	1,225	1,173	996	912	891	788	744	686	682	654	700	692	730	737	729	729	716	748	735	757	704	677	700	688	692	661	569	541	0	0	0
Director fees
669	637	611	586	548	550	519	492	439	399	362	427	498	450	504	450	437	544	514	546	504	475	535	504	386	455	384	334	421	321	268	217	215	176	209	264	0	0	0
FDIC assessment
792	706	721	766	585	529	463	329	322	263	322	411	439	508	457	439	442	446	441	504	555	607	709	702	705	698	688	689	683	681	681	657	611	700	767	839	0	0	0
Insurance
128	126	122	126	145	210	259	294	308	279	269	266	273	280	295	297	292	271	259	260	264	288	284	279	270	270	265	268	263	240	232	217	213	216	219	221	0	0	0
Stationary and supplies
338	331	327	313	312	285	235	218	173	148	160	165	171	191	192	194	193	197	204	219	222	221	219	198	197	191	191	192	180	176	190	185	186	184	175	186	0	0	0
Merger-related expenses
0	-	1,460	2,065	2,511	5,804	5,049	4,445	4,480	1,187	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan collection costs
231	276	285	242	314	255	250	220	159	122	106	107	132	140	141	136	142	207	256	290	400	380	395	379	326	347	425	592	677	713	853	826	0	-	0	0	-	0	0
Loan collection costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Write-down on foreclosed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-
Net expenses and write-downs related to foreclosed real estate
311	286	429	277	182	324	213	414	445	283	439	316	428	458	376	555	446	535	635	370	496	432	486	791	1,227	1,538	2,371	2,286	1,790	2,085	1,276	1,118	1,096	414	259	295	0	0	0
Amortization of intangible assets
395	406	370	329	288	247	182	121	61	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1	2	3	4	5	6	8	9	10	11	12	0	0	0
Other
2,544	2,581	2,514	2,413	2,435	2,176	1,924	1,828	1,723	1,691	1,738	1,677	1,474	1,421	1,471	1,598	1,585	1,598	1,492	1,371	1,401	1,262	1,241	1,150	1,071	1,069	592	720	840	933	1,438	1,371	1,342	1,309	1,281	1,244	0	0	0
Total Non-Interest Expenses
42,424	41,235	41,164	39,940	38,994	40,410	36,957	34,288	31,234	25,617	24,523	23,880	22,952	22,585	22,057	21,769	21,093	20,553	20,120	19,616	19,431	18,829	18,590	18,166	18,118	18,228	18,869	18,727	18,102	18,432	17,464	17,196	16,831	15,783	15,428	15,236	0	0	0
Income before Income Taxes
28,931	29,639	25,712	22,974	18,782	12,982	12,190	10,932	8,851	10,170	9,947	8,991	8,844	8,351	7,385	6,713	6,361	5,340	5,030	4,495	3,953	3,601	3,331	3,243	2,529	1,561	446	380	874	406	1,355	1,334	1,744	3,107	3,289	2,961	0	0	0
EXPENSE FOR INCOME TAXES
7,083	7,096	6,147	5,284	4,344	3,059	4,107	4,156	3,863	4,479	3,246	2,936	2,884	2,828	2,472	2,166	2,039	1,640	1,520	1,344	1,079	1,001	833	762	521	133	-264	-301	-154	-329	8	-1	163	637	703	604	0	0	0
Net Income
21,848	22,543	19,565	17,690	14,438	9,923	8,083	6,776	4,988	5,691	6,701	6,055	5,960	5,523	4,913	4,547	4,322	3,700	3,510	3,151	2,874	2,600	2,498	2,481	2,008	1,428	710	681	1,028	735	1,347	1,335	1,581	2,470	2,586	2,357	0	0	0
OTHER COMPREHENSIVE INCOME:
Unrealized gain (loss) on available for sale securities arising during the period
2,775	4,614	8,620	5,996	3,113	-1,966	-4,031	-2,658	-1,161	1,682	-1,126	-1,691	-1,259	-950	1,946	3,545	803	134	465	-48	2,754	4,155	3,406	3,325	-1,424	-3,785	-3,547	-3,284	132	1,193	1,522	1,182	1,734	1,534	0	0	0	-	-
Fair value adjustments on derivatives
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustments on derivatives
-	-	-	-	-	-116	2,496	1,654	871	-196	0	0	0	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fair value adjustments on derivatives
-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification adjustment for net (gain) on securities transactions included in net income
-	-	1,524	1,524	-	36	-24	-50	-116	-9	126	241	376	436	365	287	270	271	431	514	0	-	0	0	-	393	968	0	0	-	0	-	-	-	-	-	-	-	-
Income tax related to items of other comprehensive income
-4,774	-636	-756	-667	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reclassification adjustment for gain on securities transactions included in net income, Before Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	76	0	-	0	0	-	-	-
Other Comprehensive Income (Loss), Tax
-	-	-	-	-	-	-	-	77	598	511	339	181	104	89	684	53	-54	67	-200	919	1,546	1,261	1,296	-579	-1,671	-1,992	-2,116	-791	-243	418	511	678	448	0	0	0	-	-
Other comprehensive (loss), net of income taxes
-11,243	-1,343	-1,395	-1,700	105	-1,554	-1,196	-727	-251	897	765	510	271	157	133	1,025	80	-83	100	-299	1,378	2,320	1,893	1,941	-868	-2,507	-2,990	-3,172	-1,187	-363	603	880	0	-	0	0	-	-	-
Other comprehensive income, net of income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-
Comprehensive income
10,605	21,200	18,169	15,989	14,543	8,369	6,887	6,049	4,737	6,588	7,466	6,565	6,231	5,680	5,046	5,572	4,402	3,617	3,610	2,852	4,252	4,920	4,391	4,422	1,140	-1,079	-2,280	-2,491	-159	372	1,716	1,841	2,338	3,142	0	0	0	-	-
EARNINGS PER SHARE
Basic (in dollars per share)
0.55	0.57	0.55	0.67	0.62	0.29	0.42	0.38	0.17	0.05	0.33	0.25	0.43	0.34	0.28	0.24	0.34	0.20	0.21	0.19	0.21	0.16	0.13	0.13	0.15	0.17	0.14	0.04	0.03	-0.03	0.17	0.15	-0.06	0.17	0.16	0.22	0.21	0.19	0.09
Diluted (in dollars per share)
0.55	0.57	0.55	0.66	0.62	0.29	0.41	0.38	0.17	0.04	0.33	0.25	0.43	0.33	0.28	0.24	0.34	0.20	0.21	0.19	0.21	0.16	0.13	0.13	0.15	0.16	0.14	0.04	0.03	-0.03	0.17	0.14	-0.06	0.15	0.16	0.22	0.21	0.19	0.09
Service fees on deposit accounts
Revenue from contract with customer
1,392	1,403	1,368	1,328	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
ATM and debit card fees
Revenue from contract with customer
1,089	1,075	1,052	1,013	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Insurance commissions and fees
Revenue from contract with customer
8,053	8,017	8,009	8,024	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
Revenue from contract with customer
1,116	1,064	943	884	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-