Sb financial group, inc. (SBFGP)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Interest Income
Loans
Loans
Taxable

40,529

36,268

29,792

26,846

23,692

22,457

22,834

23,911

24,445

25,838

27,272

Tax exempt

300

154

85

75

35

44

67

90

75

62

91

Securities
Securities
Taxable

3,226

2,618

2,076

1,536

1,506

1,198

1,244

1,515

2,010

2,266

4,082

Tax exempt

345

439

527

594

694

709

703

606

979

1,395

1,063

Other

-

-

-

-

-

-

-

-

-

0

81

Total interest income

44,400

39,479

32,480

29,051

25,927

24,408

24,848

26,122

27,509

29,563

32,591

Interest Expense
Deposits

8,660

5,314

3,456

2,578

1,979

1,984

2,231

2,969

3,982

5,123

6,525

Notes payable

-

-

-

-

-

-

-

64

96

116

132

Repurchase agreements & other

82

37

15

16

17

91

58

142

912

1,731

1,733

Federal funds purchased

-

-

-

-

-

-

-

-

-

3

2

Federal Home Loan Bank advance expense

402

460

320

352

375

334

339

333

402

1,093

1,624

Trust preferred securities expense

430

401

303

252

213

1,071

1,407

1,882

1,406

1,533

1,573

Total interest expense

9,574

6,212

4,094

3,198

2,584

3,480

4,035

5,390

6,798

9,601

11,592

Net Interest Income

34,826

33,267

28,386

25,853

23,343

20,928

20,813

20,732

20,711

19,961

20,998

Provision for loan losses - Bank Only

-

-

-

-

-

-

-

-

-

7,587

5,738

Provision for loan losses - RDSI

-

-

-

-

-

-

-

-

-

3,000

0

Provision for loan losses

800

600

400

750

1,100

450

900

1,350

1,994

10,587

5,738

Net interest income after provision for loan losses

34,026

32,667

27,986

25,103

22,243

20,478

19,913

19,382

18,717

9,374

15,260

Noninterest Income
Wealth management fees

3,093

2,871

2,777

-

-

-

-

-

-

-

-

Customer service fees

2,761

2,670

2,671

-

-

-

-

-

-

-

-

Wealth management fees

-

-

-

2,628

2,606

2,630

2,653

2,501

-

-

-

Wealth Management Fees

-

-

-

-

-

-

-

-

2,616

2,547

2,508

Customer service fees

-

-

-

2,705

2,779

2,691

2,587

2,624

2,531

2,460

2,607

Gain on sale of mortgage loans & OMSR

8,413

6,870

7,132

8,172

6,264

4,228

5,066

6,284

3,620

4,493

3,213

Mortgage loan servicing fees, net

-397

1,296

1,316

-

-

-

-

-

-

-

-

Mortgage loan servicing fees, net

-

-

-

810

1,025

731

1,246

124

-970

276

83

Gain on sale of non-mortgage loans

1,255

1,230

1,272

979

947

321

585

264

208

307

141

Title insurance income

1,120

-

-

-

-

-

-

-

-

-

-

Data service fees

-

-

738

-

-

-

-

-

-

-

-

Net gain on sale of securities

206

70

119

-

-

-

-

-

-

-

-

Data service fees

-

-

-

917

1,190

1,289

1,500

2,515

3,630

9,736

18,859

Net gain on sales of securities

-

-

-

262

-

160

48

-

1,871

450

960

Investment securities recoveries

-

-

-

-

-

-

-

-

-

73

0

Loss on sale/disposal of assets

-5

35

6

177

18

-79

-484

-329

-333

-199

-134

Other income

1,570

1,582

1,186

1,239

878

856

845

862

684

671

1,063

Total noninterest income

18,016

16,624

17,217

17,889

15,707

12,827

14,046

14,845

13,857

20,818

29,304

Noninterest Expense
Salaries and employee benefits

22,064

20,620

18,646

17,421

14,917

13,185

13,497

14,518

14,174

17,932

21,034

Net occupancy expense

2,603

2,397

2,260

2,145

1,943

2,087

2,055

2,085

2,113

2,100

2,227

FDIC insurance expense

-

-

-

-

-

-

-

628

908

1,137

1,131

Equipment expense

2,828

2,889

2,760

2,618

2,223

2,525

2,810

2,837

2,827

6,433

7,463

Fixed asset and software impairment expense

-

-

-

-

-

-

-

-

609

4,892

0

Data processing fees

1,973

1,811

1,558

1,380

1,060

928

714

469

625

743

609

Professional fees

2,476

1,848

1,774

1,426

1,663

1,703

1,827

1,912

1,920

2,545

2,891

Marketing expense

895

884

734

647

594

564

471

393

328

455

857

Printing and office supplies

-

-

-

-

-

-

-

230

333

453

601

Telephone and communications

466

495

462

413

387

404

582

580

580

1,191

1,622

Postage and delivery expense

340

286

454

661

801

783

796

856

1,099

1,748

2,079

State, local and other taxes

1,092

719

699

-

-

370

550

502

457

543

724

Insurance expense

-

-

-

-

-

-

-

-

88

71

91

Employee expense

795

912

797

545

543

488

557

456

524

818

1,151

Intangible amortization expense

-

-

-

-

-

372

564

630

737

800

858

Goodwill impairment

-

-

-

-

-

-

-

-

381

4,680

0

Other intangibles impairment

-

-

-

-

-

-

-

-

-

1,591

0

FHLB/Repo, prepayment penalty

-

-

-

-

-

-

-

-

-1,083

0

0

OREO impairment

-

-

-

-

-

-

33

-

214

971

0

Other expenses

1,878

1,986

1,434

2,835

2,796

2,548

2,055

1,388

1,253

3,194

1,498

Total noninterest expense

37,410

34,847

31,578

30,091

26,927

25,957

26,511

27,484

30,253

52,308

44,843

Income before income tax

14,632

14,444

13,625

12,901

11,023

7,348

7,448

6,743

2,322

-22,115

-277

Provision for income taxes

2,659

2,806

2,560

4,117

3,404

2,085

2,243

1,929

658

-6,502

-660

Net Income

11,973

11,638

11,065

8,784

7,619

5,263

5,205

4,814

1,664

-15,613

382

Preferred share dividends

950

975

975

975

956

-

-

-

-

-

-

Preferred Share Dividends

-

-

-

-

-

0

0

-

-

-

-

Net income available to common shareholders

11,023

10,663

10,090

7,809

6,663

5,263

5,205

-

-

-

-

Basic earnings per common share (in Dollars per share)

1.71

1.72

2.10

1.60

1.36

1.08

1.07

0.99

0.34

-3.21

0.07

Diluted earnings per common share (in Dollars per share)

1.51

1.51

1.74

1.38

1.19

1.07

1.07

0.99

0.34

-3.21

0.07