SB FINANCIAL GROUP, INC. SBFGP Income Statement

Sb financial group, inc. (SBFGP)

Income statement / Quarterly

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
Loans
Taxable
9,795	10,313	10,607	10,182	9,427	9,661	9,499	8,968	8,140	8,096	7,653	7,243	6,800	6,984	6,954	6,648	6,260	6,086	6,152	5,835	5,619	5,707	5,855	5,654	5,241	5,428	5,649	5,874	5,883	5,840	6,106	6,037	5,928	6,172	6,251	6,170	5,852	6,281	6,749
Tax exempt
79	83	82	73	62	55	42	36	21	23	21	21	20	20	22	24	9	10	10	9	6	6	9	13	16	13	14	16	24	22	21	24	23	25	24	15	11	13	17
Securities
Securities
Taxable
692	737	776	802	911	822	610	613	573	514	532	569	461	364	378	392	402	357	382	395	372	300	279	310	309	313	305	296	330	330	383	403	399	387	446	566	611	596	380
Tax exempt
78	72	81	94	98	100	107	115	117	129	132	133	133	144	145	149	156	169	173	175	177	177	178	179	175	181	178	174	170	157	156	146	147	169	172	302	336	353	382
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-31
Total interest income
10,644	11,205	11,546	11,151	10,498	10,638	10,258	9,732	8,851	8,762	8,338	7,966	7,414	7,512	7,499	7,213	6,827	6,622	6,717	6,414	6,174	6,190	6,321	6,156	5,741	5,935	6,146	6,360	6,407	6,349	6,666	6,610	6,497	6,753	6,893	7,053	6,810	7,244	7,499
Interest Expense
Deposits
1,880	2,392	2,258	2,092	1,918	1,776	1,472	1,091	975	938	907	863	748	709	677	647	545	492	492	500	495	483	500	503	498	513	539	573	606	653	694	768	854	947	976	1,010	1,049	1,275	1,285
Other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17	-2	34	-	25	24	25	32	30
Repurchase agreements & other
28	17	22	17	26	10	11	6	10	1	4	6	4	2	5	4	5	3	5	4	5	53	23	4	11	14	13	15	16	3	11	60	68	70	72	344	426	436	432
Federal Home Loan Bank advance expense
100	101	101	100	100	131	140	110	79	85	86	63	86	86	83	77	106	95	94	94	92	95	94	71	74	82	83	84	90	92	92	75	74	77	79	113	133	231	289
Trust preferred securities expense
88	99	107	110	114	107	106	101	87	84	78	71	70	68	63	62	59	56	53	53	51	54	354	330	333	330	336	338	403	431	418	441	592	357	356	349	344	388	403
Total interest expense
2,096	2,609	2,488	2,319	2,158	2,024	1,729	1,308	1,151	1,108	1,075	1,003	908	865	828	790	715	646	644	651	643	685	971	908	916	939	971	1,010	1,115	1,194	1,232	1,342	1,622	1,473	1,508	1,840	1,977	2,364	2,441
Net Interest Income
8,548	8,596	9,058	8,832	8,340	8,614	8,529	8,424	7,700	7,654	7,263	6,963	6,506	6,647	6,671	6,423	6,112	5,976	6,073	5,763	5,531	5,505	5,350	5,248	4,825	4,996	5,175	5,350	5,292	5,155	5,434	5,268	4,875	5,280	5,385	5,213	4,833	4,880	5,058
Provision for loan losses
600	-	300	200	-	0	0	300	300	200	0	200	0	500	0	0	250	150	100	500	350	150	150	150	0	0	401	200	299	400	300	200	450	300	297	898	499	898	6,498
Net interest income after provision for loan losses
7,948	8,296	8,758	8,632	8,340	8,614	8,529	8,124	7,400	7,454	7,263	6,763	6,506	6,147	6,671	6,423	5,862	5,826	5,973	5,263	5,181	5,355	5,200	5,098	4,825	4,996	4,774	5,150	4,993	4,755	5,134	5,068	4,425	4,980	5,088	4,315	4,334	3,982	-1,440
Noninterest Income
Wealth management fees
768	-	-	-	734	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees
-	-	775	783	-	-	705	710	739	-	688	704	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer service fees
682	712	729	689	631	679	672	675	644	-	674	667	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees
-	-	-	-	-	-	-	-	-	-	-	-	667	657	695	643	633	655	636	656	659	679	670	649	632	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth Management Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	669	652	643	-	646	607	642	623	629	669	695	650	590
Customer service fees
-	-	-	-	-	-	-	-	-	-	-	-	640	653	692	680	680	711	734	702	632	686	730	665	610	673	659	639	616	648	677	668	631	646	664	640	581	643	614
Gain on sale of mortgage loans & OMSR
1,949	3,048	2,495	1,678	1,192	1,646	2,066	2,058	1,100	1,608	2,211	2,063	1,250	2,002	2,503	2,284	1,383	1,406	1,687	1,771	1,400	1,003	1,442	1,211	572	776	1,356	1,450	1,484	2,136	1,572	1,395	1,181	1,529	1,101	565	425	1,435	576
Mortgage loan servicing fees, net
-2,052	-	-	-	-280	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage loan servicing fees, net
-	-	8	-459	-	-	273	247	471	-	227	241	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage loan servicing fees, net
-	-	-	-	-	-	-	-	-	-	-	-	383	1,324	205	-273	-446	348	98	521	58	43	287	156	245	241	408	418	179	152	-192	-165	329	-309	-796	-4	139	-423	-73
Gain on sale of non-mortgage loans
104	250	462	216	327	295	125	150	660	179	294	369	430	52	327	151	449	76	296	321	254	143	71	84	23	303	44	82	156	94	170	0	0	127	0	38	43	125	32
Title insurance income
265	393	400	308	19	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data service fees
-	-	-	-	-	-	-	-	-	-	182	184	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of securities
-	-	-	206	-	-	70	-	-	-	119	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data service fees
-	-	-	-	-	-	-	-	-	-	-	-	193	184	223	233	277	273	294	306	317	324	337	322	306	295	333	458	414	811	485	576	643	671	743	1,304	912	2,044	2,608
Net gain on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	0	59	92	111	-	0	0	0	-	0	56	-	0	28	0	20	-	0	0	0	-	0	1,871	-	0	0
Investment securities recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss on sale/disposal of assets
-46	-	-	-	-2	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-72	-151	-50	-56	-46	-27	-160	-100	-128	-1
Gain (loss) on sale/disposal of assets
-	-	1	-5	-	-	0	60	-39	-	8	0	2	-	-31	186	22	-	0	-1	-19	-	-15	-15	-34	-	15	-129	-105	-	-	-	-	-	-	-	-	-	-
Other income
491	420	496	275	379	274	291	349	668	257	458	234	237	256	342	311	330	209	207	167	295	197	287	167	205	237	198	250	160	273	201	177	211	181	161	174	168	188	177
Total noninterest income
2,161	5,959	5,366	3,691	3,000	3,930	4,202	4,249	4,243	4,092	4,861	4,462	3,802	5,128	5,015	4,307	3,439	3,716	3,952	4,443	3,596	3,164	3,809	3,295	2,559	2,949	3,710	3,820	3,567	4,648	3,408	3,208	3,581	3,422	2,475	5,097	2,863	4,534	4,526
Noninterest Expense
Salaries and employee benefits
5,427	6,142	5,715	5,305	4,902	5,108	5,372	5,201	4,939	4,749	4,844	4,667	4,386	4,656	4,672	4,314	3,779	3,855	3,650	3,935	3,477	3,179	3,435	3,451	3,120	3,027	3,343	3,688	3,439	3,825	3,597	3,597	3,499	3,488	3,583	3,573	3,530	4,058	4,902
Net occupancy expense
698	675	656	627	645	600	588	560	649	582	566	552	560	533	523	524	565	479	481	480	503	521	508	485	573	385	507	513	650	494	515	528	548	444	568	517	584	486	566
FDIC insurance expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	91	223	214	191	145	254	318	259	197
Equipment expense
700	764	688	665	711	756	667	637	829	748	688	683	641	735	649	639	595	566	568	524	565	625	616	645	639	651	701	703	755	692	722	712	711	708	690	718	711	872	2,385
Software and fixed asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,323
Data processing fees
548	543	499	488	443	466	489	418	438	363	429	396	370	384	352	339	305	264	286	247	263	230	238	249	211	254	189	194	77	132	103	121	113	131	158	192	144	211	229
Professional fees
757	639	571	649	617	532	393	504	419	492	502	417	363	404	380	326	316	381	416	426	440	465	435	465	338	443	456	499	429	686	451	390	385	492	377	577	474	619	561
Marketing expense
208	171	239	246	239	262	197	204	221	153	180	206	195	154	123	199	171	157	146	142	149	166	105	170	123	136	135	92	108	115	85	103	90	93	89	90	56	139	112
Printing and office supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	39	67	78	52	86	119	76	111	97
Telephone and communications
115	121	118	112	115	121	124	128	122	113	120	113	116	111	101	102	99	103	96	98	90	91	94	107	112	110	156	158	158	146	151	139	144	139	141	143	157	267	339
Postage and delivery expense
115	86	89	81	84	66	83	63	74	118	103	59	174	148	154	162	197	168	198	201	234	197	195	187	204	173	199	209	215	204	223	200	229	236	260	259	344	388	456
State, local and other taxes
254	347	243	247	255	180	177	176	186	164	198	170	167	-	170	171	99	-	130	128	129	94	89	95	92	138	140	138	134	136	128	118	120	76	103	134	144	154	-156
Employee expense
184	207	199	236	153	283	243	220	166	227	242	183	145	182	117	128	118	126	126	138	153	111	122	140	115	154	125	126	152	113	118	119	106	113	143	172	96	147	227
Intangible amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	55	54	55	55	131	131	129	129	153	153	158	157	158	157	158	185	197	197	200	200
OREO impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	33	-	0	58	0	-	0	0	-	0	215
Other expenses
400	481	483	452	462	478	456	468	584	397	412	360	265	992	689	503	651	1,290	475	444	587	629	996	502	421	599	482	607	367	423	345	338	282	-724	295	1,453	229	820	1,246
Total noninterest expense
9,406	10,176	9,500	9,108	8,626	8,852	8,789	8,579	8,627	8,106	8,284	7,806	7,382	7,859	7,930	7,407	6,895	6,839	6,626	6,818	6,644	6,363	6,888	6,627	6,079	6,199	6,562	7,080	6,670	7,212	6,725	6,871	6,676	7,972	6,823	8,398	7,060	8,738	15,905
Income before income tax
703	4,079	4,624	3,215	2,714	3,692	3,942	3,794	3,016	3,440	3,840	3,419	2,926	3,416	3,756	3,323	2,406	2,703	3,299	2,888	2,133	2,155	2,121	1,766	1,306	1,746	1,922	1,890	1,890	2,191	1,817	1,405	1,330	431	740	1,014	137	-221	-12,819
Provision for income taxes
22	721	862	588	488	732	824	687	563	-592	1,117	1,102	933	1,099	1,209	1,058	751	835	1,035	897	637	630	608	521	326	522	578	571	572	667	513	391	358	158	137	237	126	-247	-4,612
Net Income
681	3,358	3,762	2,627	2,226	2,960	3,118	3,107	2,453	4,032	2,723	2,317	1,993	2,317	2,547	2,265	1,655	1,868	2,264	1,991	1,496	1,525	1,513	1,245	980	1,224	1,344	1,319	1,318	1,524	1,304	1,014	972	273	603	777	11	25	-8,206
Preferred share dividends
-	-	-	-	244	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Share Dividends
-	-	233	243	-	-	244	244	244	-	244	244	244	-	244	244	244	-	244	244	225	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common shareholders
681	3,128	3,529	2,384	1,982	2,717	2,874	2,863	2,209	3,789	2,479	2,073	1,749	2,074	2,303	2,021	1,411	1,625	2,020	1,747	1,271	1,525	1,513	1,245	980	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Basic earnings per common share (in Dollars per share)
0.09	0.48	0.55	0.37	0.31	0.42	0.45	0.45	0.40	0.79	0.52	0.43	0.36	0.43	0.47	0.41	0.29	0.33	0.41	0.36	0.26	0.31	0.31	0.26	0.20	0.25	0.28	0.27	0.27	0.31	0.27	0.21	0.20	0.06	0.12	0.16	0.00	0.01	-1.69
Diluted earnings per common share (in Dollars per share)
0.09	0.42	0.48	0.33	0.28	0.37	0.39	0.40	0.35	0.63	0.43	0.37	0.31	0.37	0.40	0.35	0.26	0.30	0.35	0.31	0.23	0.31	0.31	0.25	0.20	0.25	0.28	0.27	0.27	0.31	0.27	0.21	0.20	0.06	0.12	0.16	0.00	0.01	-1.69
Dividends per common share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.05	0.05	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Average common shares outstanding (in thousands):
Basic: (in Shares)
7,749	-	6	6	6,482	-	6	6	5	-	4,797	4,827	4,855	-	4	4	4	-	4	4,884	4,879	-	4,875	4	4	-	4	-	-	-	-	-	-	-	4	4	4,862	-	-
Weighted average shares outstanding for diluted earnings per share (in Shares)
7,756	-	7	7	7,994	-	8	8	7	-	6,326	6,351	6,387	-	6	6	6	-	6	6,382	6,379	-	4,900	4	4	-	4	-	-	-	-	-	-	-	4	4	4,862	-	-