SB FINANCIAL GROUP, INC. SBFGP Income Statement

Sb financial group, inc. (SBFGP)

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
Loans
Taxable
40,897	40,529	39,877	38,769	37,555	36,268	34,703	32,857	31,132	29,792	28,680	27,981	27,386	26,846	25,948	25,146	24,333	23,692	23,313	23,016	22,835	22,457	22,178	21,972	22,192	22,834	23,246	23,703	23,866	23,911	24,243	24,388	24,521	24,445	24,554	25,052	0	0	0
Tax exempt
317	300	272	232	195	154	122	101	86	85	82	83	86	75	65	53	38	35	31	30	34	44	51	56	59	67	76	83	91	90	93	96	87	75	63	57	0	0	0
Securities
Securities
Taxable
3,007	3,226	3,311	3,145	2,956	2,618	2,310	2,232	2,188	2,076	1,926	1,772	1,595	1,536	1,529	1,533	1,536	1,506	1,449	1,346	1,261	1,198	1,211	1,237	1,223	1,244	1,261	1,339	1,446	1,515	1,572	1,635	1,798	2,010	2,219	2,153	0	0	0
Tax exempt
325	345	373	399	420	439	468	493	511	527	542	555	571	594	619	647	673	694	702	707	711	709	713	713	708	703	679	657	629	606	618	634	790	979	1,163	1,374	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Total interest income
44,546	44,400	43,833	42,545	41,126	39,479	37,603	35,683	33,917	32,480	31,230	30,391	29,638	29,051	28,161	27,379	26,580	25,927	25,495	25,099	24,841	24,408	24,153	23,978	24,182	24,848	25,262	25,782	26,032	26,122	26,526	26,753	27,196	27,509	28,000	28,607	0	0	0
Interest Expense
Deposits
8,622	8,660	8,044	7,258	6,257	5,314	4,476	3,911	3,683	3,456	3,227	2,997	2,781	2,578	2,361	2,176	2,029	1,979	1,970	1,978	1,981	1,984	2,014	2,053	2,123	2,231	2,371	2,526	2,721	2,969	3,263	3,545	3,787	3,982	4,310	4,620	0	0	0
Other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	0	0
Repurchase agreements & other
84	82	75	64	53	37	28	21	21	15	16	17	15	16	17	17	17	17	67	85	85	91	52	42	53	58	47	45	90	142	209	270	554	912	1,278	1,639	0	0	0
Federal Home Loan Bank advance expense
402	402	432	471	481	460	414	360	313	320	321	318	332	352	361	372	389	375	375	375	352	334	321	310	323	339	349	358	349	333	318	305	343	402	556	766	0	0	0
Trust preferred securities expense
404	430	438	437	428	401	378	350	320	303	287	272	263	252	240	230	221	213	211	512	789	1,071	1,347	1,329	1,337	1,407	1,508	1,590	1,693	1,882	1,808	1,746	1,654	1,406	1,437	1,484	0	0	0
Total interest expense
9,512	9,574	8,989	8,230	7,219	6,212	5,296	4,642	4,337	4,094	3,851	3,604	3,391	3,198	2,979	2,795	2,656	2,584	2,623	2,950	3,207	3,480	3,734	3,734	3,836	4,035	4,290	4,551	4,883	5,390	5,669	5,945	6,443	6,798	7,689	8,622	0	0	0
Net Interest Income
35,034	34,826	34,844	34,315	33,907	33,267	32,307	31,041	29,580	28,386	27,379	26,787	26,247	25,853	25,182	24,584	23,924	23,343	22,872	22,149	21,634	20,928	20,419	20,244	20,346	20,813	20,972	21,231	21,149	20,732	20,857	20,808	20,753	20,711	20,311	19,984	0	0	0
Provision for loan losses
0	-	0	0	-	600	800	800	700	400	700	700	500	750	400	500	1,000	1,100	1,100	1,150	800	450	300	551	601	900	1,300	1,199	1,199	1,350	1,250	1,247	1,945	1,994	2,592	8,794	0	0	0
Net interest income after provision for loan losses
33,634	34,026	34,344	34,115	33,607	32,667	31,507	30,241	28,880	27,986	26,679	26,087	25,747	25,103	24,782	24,084	22,924	22,243	21,772	20,999	20,834	20,478	20,119	19,693	19,745	19,913	19,672	20,032	19,950	19,382	19,607	19,561	18,808	18,717	17,719	11,190	0	0	0
Noninterest Income
Wealth management fees
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees
-	-	0	0	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer service fees
2,812	2,761	2,728	2,671	2,657	2,670	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth management fees
-	-	-	-	-	-	-	-	-	-	-	-	2,662	2,628	2,626	2,567	2,580	2,606	2,630	2,664	2,657	2,630	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Wealth Management Fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2,518	2,501	2,563	2,616	2,643	2,605	0	0	0
Customer service fees
-	-	-	-	-	-	-	-	-	-	-	-	2,665	2,705	2,763	2,805	2,827	2,779	2,754	2,750	2,713	2,691	2,678	2,607	2,581	2,587	2,562	2,580	2,609	2,624	2,622	2,609	2,581	2,531	2,528	2,479	0	0	0
Gain on sale of mortgage loans & OMSR
9,170	8,413	7,011	6,582	6,962	6,870	6,832	6,977	6,982	7,132	7,526	7,818	8,039	8,172	7,576	6,760	6,247	6,264	5,861	5,616	5,056	4,228	4,001	3,915	4,154	5,066	6,426	6,642	6,587	6,284	5,677	5,206	4,376	3,620	3,526	3,002	0	0	0
Mortgage loan servicing fees, net
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage loan servicing fees, net
-	-	0	0	-	-	0	0	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage loan servicing fees, net
-	-	-	-	-	-	-	-	-	-	-	-	1,639	810	-166	-273	521	1,025	720	909	544	731	929	1,050	1,312	1,246	1,157	557	-26	124	-337	-941	-780	-970	-1,084	-362	0	0	0
Gain on sale of non-mortgage loans
1,032	1,255	1,300	963	897	1,230	1,114	1,283	1,502	1,272	1,145	1,178	960	979	1,003	972	1,142	947	1,014	789	552	321	481	454	452	585	376	502	420	264	297	127	165	208	206	238	0	0	0
Title insurance income
1,366	1,120	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data service fees
-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net gain on sale of securities
-	-	-	0	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Data service fees
-	-	-	-	-	-	-	-	-	-	-	-	833	917	1,006	1,077	1,150	1,190	1,241	1,284	1,300	1,289	1,260	1,256	1,392	1,500	2,016	2,168	2,286	2,515	2,375	2,633	3,361	3,630	5,003	6,869	0	0	0
Net gain on sales of securities
-	-	-	-	-	-	-	-	-	-	-	-	-	262	262	203	111	-	0	56	0	-	0	0	-	48	0	0	0	-	0	1,871	0	-	0	0	-	0	0
Investment securities recoveries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Loss on sale/disposal of assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-329	-303	-179	-289	-333	-415	-390	0	0	0
Gain (loss) on sale/disposal of assets
-	-	0	0	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-
Other income
1,682	1,570	1,424	1,219	1,293	1,582	1,565	1,732	1,617	1,186	1,185	1,069	1,146	1,239	1,192	1,057	913	878	866	946	946	856	896	807	890	845	881	884	811	862	770	730	727	684	691	707	0	0	0
Total noninterest income
17,177	18,016	15,987	14,823	15,381	16,624	16,786	17,445	17,658	17,217	18,253	18,407	18,252	17,889	16,477	15,414	15,550	15,707	15,155	15,012	13,864	12,827	12,612	12,513	13,038	14,046	15,745	15,443	14,831	14,845	13,619	12,686	14,575	13,857	14,969	17,020	0	0	0
Noninterest Expense
Salaries and employee benefits
22,589	22,064	21,030	20,687	20,583	20,620	20,261	19,733	19,199	18,646	18,553	18,381	18,028	17,421	16,620	15,598	15,219	14,917	14,241	14,026	13,542	13,185	13,033	12,941	13,178	13,497	14,295	14,549	14,458	14,518	14,181	14,167	14,143	14,174	14,744	16,064	0	0	0
Net occupancy expense
2,656	2,603	2,528	2,460	2,393	2,397	2,379	2,357	2,349	2,260	2,211	2,168	2,140	2,145	2,091	2,049	2,005	1,943	1,985	2,012	2,017	2,087	1,951	1,950	1,978	2,055	2,164	2,172	2,187	2,085	2,035	2,088	2,077	2,113	2,155	2,154	0	0	0
FDIC insurance expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	628	719	773	804	908	976	1,029	0	0	0
Equipment expense
2,817	2,828	2,820	2,799	2,771	2,889	2,881	2,902	2,948	2,760	2,747	2,708	2,664	2,618	2,449	2,368	2,253	2,223	2,282	2,330	2,451	2,525	2,551	2,636	2,694	2,810	2,851	2,872	2,881	2,837	2,853	2,821	2,827	2,827	2,991	4,687	0	0	0
Software and fixed asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Data processing fees
2,078	1,973	1,896	1,886	1,816	1,811	1,708	1,648	1,626	1,558	1,579	1,502	1,445	1,380	1,260	1,194	1,102	1,060	1,026	978	980	928	952	903	848	714	592	506	433	469	468	523	594	625	705	776	0	0	0
Professional fees
2,616	2,476	2,369	2,191	2,046	1,848	1,808	1,917	1,830	1,774	1,686	1,564	1,473	1,426	1,403	1,439	1,539	1,663	1,747	1,766	1,805	1,703	1,681	1,702	1,736	1,827	2,070	2,065	1,956	1,912	1,718	1,644	1,831	1,920	2,047	2,231	0	0	0
Marketing expense
864	895	986	944	902	884	775	758	760	734	735	678	671	647	650	673	616	594	603	562	590	564	534	564	486	471	450	400	411	393	371	375	362	328	374	398	0	0	0
Printing and office supplies
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	230	236	283	335	333	392	403	0	0	0
Telephone and communications
466	466	466	472	488	495	487	483	468	462	460	441	430	413	405	400	396	387	375	373	382	404	423	485	536	582	618	613	594	580	573	563	567	580	708	906	0	0	0
Postage and delivery expense
371	340	320	314	296	286	338	358	354	454	484	535	638	661	681	725	764	801	830	827	813	783	759	763	785	796	827	851	842	856	888	925	984	1,099	1,251	1,448	0	0	0
State, local and other taxes
1,091	1,092	925	859	788	719	703	724	718	699	0	0	0	-	0	0	0	-	481	440	407	370	414	465	508	550	548	536	516	502	442	417	433	457	535	275	0	0	0
Employee expense
826	795	871	915	899	912	856	855	818	797	752	627	572	545	489	498	508	543	528	524	526	488	531	534	520	557	516	509	502	456	456	481	534	524	558	643	0	0	0
Intangible amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	218	219	295	372	446	520	542	564	593	621	626	630	630	658	697	737	779	794	0	0	0
OREO impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	0	0	0	-	58	58	0	-	0	0	-	0	0
Other expenses
1,816	1,878	1,875	1,848	1,864	1,986	1,905	1,861	1,753	1,434	2,029	2,306	2,449	2,835	3,133	2,919	2,860	2,796	2,135	2,656	2,714	2,548	2,518	2,004	2,109	2,055	1,879	1,742	1,473	1,388	241	191	1,306	1,253	2,797	3,749	0	0	0
Total noninterest expense
38,190	37,410	36,086	35,375	34,846	34,847	34,101	33,596	32,823	31,578	31,331	30,977	30,578	30,091	29,071	27,767	27,178	26,927	26,451	26,713	26,522	25,957	25,793	25,467	25,920	26,511	27,524	27,687	27,478	27,484	28,244	28,342	29,869	30,253	31,019	40,101	0	0	0
Income before income tax
12,621	14,632	14,245	13,563	14,142	14,444	14,192	14,090	13,715	13,625	13,601	13,517	13,421	12,901	12,188	11,731	11,296	11,023	10,475	9,297	8,175	7,348	6,939	6,740	6,864	7,448	7,893	7,788	7,303	6,743	4,983	3,906	3,515	2,322	1,669	-11,890	0	0	0
Provision for income taxes
2,193	2,659	2,670	2,632	2,731	2,806	1,482	1,775	2,190	2,560	4,251	4,343	4,299	4,117	3,853	3,679	3,518	3,404	3,199	2,772	2,396	2,085	1,977	1,947	1,997	2,243	2,388	2,323	2,143	1,929	1,420	1,044	890	658	252	-4,497	0	0	0
Net Income
10,428	11,973	11,575	10,931	11,411	11,638	12,710	12,315	11,525	11,065	9,350	9,174	9,122	8,784	8,335	8,052	7,778	7,619	7,276	6,525	5,779	5,263	4,962	4,793	4,867	5,205	5,505	5,465	5,160	4,814	3,563	2,862	2,625	1,664	1,416	-7,392	0	0	0
Preferred share dividends
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Share Dividends
-	-	0	0	-	-	0	0	0	-	0	0	0	-	975	975	975	-	713	469	225	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income available to common shareholders
9,722	11,023	10,612	9,957	10,436	10,663	11,735	11,340	10,550	10,090	8,375	8,199	8,147	7,809	7,360	7,077	6,803	6,663	6,563	6,056	5,554	5,263	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	-	-