ServisFirst Bancshares, Inc. SFBS Income Statement

Servisfirst bancshares, inc. (SFBS)

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 and fees on loans
358,169	354,308	347,986	336,210	321,220	305,370	289,642	274,508	260,800	246,682	231,858	219,474	208,772	200,463	194,080	187,008	179,903	171,302	161,054	151,315	142,460	136,066	131,782	127,595	123,219	118,285	113,757	108,891	104,455	100,462	96,157	91,591	86,998	82,294	77,224	72,931	0	0	0
Taxable securities
18,416	17,008	15,812	14,721	13,655	12,654	11,616	10,628	9,775	9,117	8,253	7,197	6,161	5,343	4,797	4,606	4,472	4,331	4,416	4,506	4,528	4,497	4,406	4,255	4,037	3,888	3,822	4,031	4,425	4,814	5,189	5,374	5,516	5,721	5,935	6,231	0	0	0
Nontaxable securities
1,216	1,429	1,699	1,966	2,196	2,406	2,564	2,710	2,839	2,948	3,031	3,125	3,207	3,300	3,390	3,457	3,497	3,499	3,495	3,482	3,478	3,489	3,488	3,469	3,446	3,407	3,360	3,329	3,296	3,246	3,191	3,106	3,011	2,943	2,757	2,559	0	0	0
Federal funds sold
5,096	6,038	5,951	5,075	3,771	3,103	2,645	2,132	1,725	1,693	1,562	1,530	1,453	1,007	624	309	123	127	174	180	194	159	169	175	154	128	128	134	159	196	196	200	193	176	148	110	0	0	0
Other interest and dividends
10,974	12,020	11,332	7,736	5,475	3,094	2,056	2,128	2,109	2,316	2,192	2,620	2,865	2,789	2,262	1,614	1,158	716	548	529	567	514	442	435	341	373	344	270	282	305	293	324	303	277	248	165	0	0	0
Total interest income
393,871	390,803	382,780	365,708	346,317	326,627	308,523	292,106	277,248	262,756	246,896	233,946	222,458	212,902	205,153	196,994	189,153	179,975	169,687	160,012	151,227	144,725	140,287	135,929	131,197	126,081	121,411	116,655	112,617	109,023	105,026	100,595	96,021	91,411	86,312	81,996	0	0	0
Deposits
85,558	90,958	90,129	80,552	68,026	55,502	45,499	37,863	32,470	28,831	25,694	23,478	21,790	20,169	18,646	17,106	15,985	14,894	13,856	13,161	12,676	12,420	12,366	12,374	12,131	11,830	11,648	11,596	11,840	12,249	12,496	12,799	13,035	13,047	12,893	12,340	0	0	0
Borrowed funds
11,806	12,200	11,925	10,572	9,270	8,446	7,795	7,481	6,971	6,502	6,078	5,822	5,698	5,636	5,358	4,795	3,755	2,810	2,261	1,824	1,757	1,699	1,660	1,648	1,656	1,789	1,985	2,198	2,492	2,652	2,751	2,846	2,893	3,033	3,189	3,337	0	0	0
Total interest expense
97,364	103,158	102,054	91,124	77,296	63,948	53,294	45,344	39,441	35,333	31,772	29,300	27,488	25,805	24,004	21,901	19,740	17,704	16,117	14,985	14,433	14,119	14,026	14,022	13,787	13,619	13,633	13,794	14,332	14,901	15,247	15,645	15,928	16,080	16,082	15,677	0	0	0
Net interest income
296,507	287,645	280,726	274,584	269,021	262,679	255,229	246,762	237,807	227,423	215,124	204,646	194,970	187,097	181,149	175,093	169,413	162,271	153,570	145,027	136,794	130,606	126,261	121,907	117,410	112,462	107,778	102,861	98,285	94,122	89,779	84,950	80,093	75,331	70,230	66,319	0	0	0
Provision for loan losses
31,337	22,638	23,272	22,911	22,148	21,402	23,939	22,118	22,378	23,225	18,245	16,906	16,325	13,398	12,631	12,239	12,501	12,847	12,298	11,974	10,350	10,259	9,856	10,142	11,038	13,008	13,101	11,252	11,001	9,100	9,158	10,713	9,124	8,972	9,002	8,799	0	0	0
Net interest income after provision for loan losses
265,170	265,007	257,454	251,673	246,873	241,277	231,290	224,644	215,429	204,198	196,879	187,740	178,645	173,699	168,518	162,854	156,912	149,424	141,272	133,053	126,444	120,347	116,405	111,765	106,372	99,454	94,677	91,609	87,284	85,022	80,621	74,237	70,969	66,359	61,228	57,520	0	0	0
Securities gains
-	-	0	0	-	190	190	4	4	-	-	-	-	-	0	0	-	29	29	32	32	3	3	0	8	131	131	131	123	0	0	0	523	666	681	0	0	-	0
Service charges on deposit accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,306	5,218	5,188	5,088	4,930	4,823	4,604	4,265	3,934	3,585	3,334	3,228	3,161	3,004	2,917	2,756	2,593	2,496	2,324	2,290	2,247	2,266	0	0	0
Mortgage banking
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,301	3,062	2,896	2,682	2,569	2,278	2,217	2,047	1,884	1,704	1,817	2,513	3,013	3,476	3,568	3,560	3,448	3,397	2,994	2,373	2,230	0	0	0	-
Credit card income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in cash surrender value life insurance
4,437	3,746	3,107	3,107	3,115	3,130	3,147	3,185	3,184	3,131	3,079	3,024	2,894	2,794	2,679	2,592	2,597	2,621	2,640	2,506	2,392	2,280	2,179	2,121	2,060	1,994	1,909	1,804	1,704	1,624	1,161	0	0	-	0	-	-	-	-
Other operating income
1,883	1,743	1,491	1,332	1,292	1,239	875	952	985	1,099	2,154	2,211	2,242	2,688	363	838	1,181	1,084	2,924	2,721	2,623	2,371	2,490	2,343	2,169	2,144	2,011	1,901	1,859	1,703	1,530	1,512	1,303	1,207	1,066	1,042	0	0	0
Total noninterest income
25,712	23,982	21,951	20,806	19,969	19,440	17,641	17,366	17,230	17,361	19,075	19,076	18,118	17,007	15,405	14,352	13,935	13,577	13,092	12,360	11,868	10,966	10,490	9,753	9,388	10,010	10,225	10,316	10,171	9,643	9,122	8,570	7,924	6,926	6,209	5,405	0	0	0
Salaries and employee benefits
59,176	57,783	56,488	54,059	52,818	51,849	50,896	50,254	49,187	47,604	47,369	45,899	44,601	43,955	41,642	41,279	40,972	38,913	36,361	33,656	32,328	31,017	31,226	30,384	28,342	26,324	26,260	24,909	23,101	22,587	21,665	20,691	20,469	19,518	17,510	15,934	0	0	0
Equipment and occupancy
9,413	9,272	9,096	8,902	8,728	8,423	7,816	7,570	7,722	8,018	8,339	8,492	8,250	7,985	7,627	7,102	6,713	6,389	6,205	6,067	5,842	5,547	5,562	5,397	5,457	5,202	4,982	4,698	4,190	4,014	3,838	3,773	3,746	3,697	3,557	3,408	0	0	0
Third party processing and other services
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Professional services
4,189	4,235	4,136	4,102	3,835	3,646	3,415	3,367	3,251	3,217	3,442	3,819	4,010	3,977	3,625	3,111	2,777	2,607	2,459	2,620	2,487	2,435	2,357	1,971	1,864	1,809	1,824	1,703	1,584	1,455	1,245	1,260	1,305	1,213	1,148	1,016	0	0	0
FDIC and other regulatory assessments
3,288	2,975	2,706	3,677	3,755	3,869	3,997	4,132	4,054	3,918	3,960	3,925	3,647	3,400	3,061	2,967	2,790	2,660	2,443	2,295	2,197	2,094	2,114	1,986	1,884	1,799	1,703	1,707	1,637	1,595	1,573	1,567	1,436	1,796	2,004	0	0	0	-
Other real estate owned
994	415	337	548	496	790	925	667	563	323	254	401	386	759	992	1,214	1,462	1,227	1,431	1,251	1,260	1,533	1,480	1,617	1,523	1,426	1,846	2,648	2,980	2,727	2,148	1,104	703	820	987	0	0	0	-
Merger expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,100	2,096	2,096	2,096	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expense
26,726	27,448	24,038	22,976	22,102	23,298	21,695	21,627	21,223	21,129	22,207	21,700	20,971	19,812	20,864	20,224	19,817	20,100	17,022	17,099	16,153	14,709	14,014	12,150	11,390	10,929	11,479	11,633	11,329	10,722	10,388	10,023	10,233	10,414	9,059	10,163	0	0	0
Total noninterest expense
104,720	102,128	99,212	96,675	94,145	91,875	88,744	87,617	86,000	84,209	85,571	84,236	81,865	79,888	77,815	75,901	74,535	73,996	68,017	65,084	62,363	57,335	56,753	53,505	50,460	47,489	48,094	47,298	44,821	43,100	40,857	38,418	37,892	37,458	34,265	32,994	0	0	0
Income before income taxes
186,162	186,861	180,193	175,804	172,697	168,842	160,187	154,393	146,659	137,350	130,383	122,580	114,898	110,818	106,108	101,305	96,312	89,005	86,347	80,329	75,949	73,978	70,142	68,013	65,300	61,975	56,808	54,627	52,634	51,565	48,886	44,389	41,001	35,827	33,172	29,931	0	0	0
Provision for income taxes
37,151	37,618	35,750	34,364	33,350	31,902	38,334	41,841	43,483	44,258	36,703	33,250	30,856	29,339	26,617	26,457	25,871	25,465	27,525	23,771	22,275	21,601	20,929	21,990	21,176	20,358	18,503	17,832	17,194	17,120	16,410	15,080	14,178	12,389	11,522	10,395	0	0	0
Net income
149,011	149,243	144,443	141,440	139,347	136,940	121,853	112,552	103,176	93,092	93,680	89,330	84,042	81,479	79,491	74,848	70,441	63,540	58,822	56,558	53,674	52,377	48,157	0	0	-	0	-	35,440	34,445	32,476	29,309	26,823	23,438	21,650	19,536	0	0	0
Net income attributable to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Net income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-
Dividends on preferred stock
63	63	31	62	0	-	0	0	-	-	-	0	-	47	47	80	180	280	371	438	431	431	432	432	416	416	400	400	400	400	400	0	0	-	0	-	-	-	-
Net income available to common stockholders
148,948	149,180	144,380	141,377	139,284	136,877	121,791	112,490	103,114	93,030	93,625	89,275	83,995	81,432	79,444	74,768	70,261	63,260	58,451	56,120	53,243	51,946	48,781	45,591	43,708	41,201	37,905	36,395	35,040	34,045	32,076	28,909	26,523	23,238	21,550	0	0	0	-
Basic earnings per common share (in dollars per share)
0.65	0.77	0.70	0.67	0.65	0.68	0.65	0.63	0.61	0.39	0.48	0.46	0.43	0.41	0.40	0.36	0.38	-0.47	0.63	0.56	0.51	-0.49	0.56	0.49	0.53	-0.41	0.51	0.46	1.44	-2.39	1.53	1.38	1.37	1.10	1.03	1.02	0.88	0.87	0.73
Diluted earnings per common share (in dollars per share)
0.64	0.76	0.69	0.66	0.65	0.67	0.64	0.62	0.60	0.38	0.47	0.45	0.42	0.39	0.39	0.36	0.38	-0.44	0.61	0.54	0.49	-0.46	0.54	0.46	0.51	-0.34	0.49	0.44	1.31	-2.10	1.35	1.21	1.20	0.97	0.90	0.89	0.77	0.77	0.65
Deposit Account [Member]
Noninterest income
7,243	7,029	6,937	6,797	6,664	6,547	0	6,204	5,933	5,702	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Mortgage Banking [Member]
Noninterest income
4,857	4,361	3,683	3,139	2,841	2,784	0	3,179	3,454	3,835	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Credit Card [Member]
Noninterest income
7,265	7,076	6,705	6,251	5,871	5,550	0	3,842	3,670	3,594	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-