SOUTHERN MISSOURI BANCORP, INC. SMBC Income Statement

Southern missouri bancorp, inc. (SMBC)

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	Dec'10	Sep'10
INTEREST INCOME:
Loans
24	25,421	25,640	48,603	23	22,785	20,916	37,412	18	18,236	17,455	15,442	14,067	14,229	14,250	13,406	12,984	13,362	13,098	12,954	12,975	13,361	12,225	9,878	9,497	9,512	8,665	-	-	8,730	8,853	8,459	9,077	9,257	9,555	9,247	9,626	6,832	6,559
Investment securities
0	503	520	1,067	0	738	517	1,078	0	558	529	486	483	500	506	488	486	496	495	470	483	499	544	541	519	509	382	-	-	376	362	360	379	389	353	331	320	315	318
Mortgage-backed securities
0	691	716	1,470	0	649	584	973	0	426	417	409	392	350	345	362	367	368	370	376	435	448	415	355	286	214	88	-	-	79	125	179	224	244	276	305	324	356	389
Other interest-earning assets
0	31	46	66	0	35	25	47	0	11	10	8	13	4	4	7	12	9	7	17	16	49	34	-22	14	3	30	-	-	11	19	54	73	51	29	32	24	34	27
Total interest income
26	26,646	26,922	51,207	25	24,207	22,042	39,512	19	19,231	18,411	16,345	14,955	15,083	15,105	14,263	13,849	14,235	13,970	13,817	13,909	14,357	13,218	10,752	10,316	10,238	9,165	-	-	9,197	9,361	9,052	9,755	9,943	10,213	9,917	10,296	7,539	7,294
INTEREST EXPENSE:
Deposits
6	6,448	6,578	12,268	5	4,925	4,009	6,934	3	3,025	2,862	2,386	2,111	2,043	1,932	1,903	1,872	1,847	1,785	1,799	1,756	1,703	1,601	1,515	1,493	1,506	1,449	-	-	1,496	1,579	1,786	2,011	2,163	2,282	2,339	2,455	2,252	2,165
Securities sold under agreements to repurchase
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	29	29	32	30	27	28	36	34	31	31	-	-	-	-	-	-	-	-	-	-	-	-
Securities sold under agreements to repurchase
0	0	0	19	0	8	8	14	0	8	14	18	25	25	27	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	48	-	64	59	59	-	60	71	63
Advances from FHLB of Des Moines
0	573	522	845	0	932	599	530	0	284	226	214	224	282	418	341	293	320	317	-	301	333	-	271	272	286	256	-	-	258	254	243	310	339	339	335	332	395	490
Note Payable
0	34	37	74	0	48	35	63	0	29	28	13	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debt
0	214	225	470	0	226	224	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense from advances from FHLB of Des Moines
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	339	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debt
-	-	-	-	-	-	-	-	0	182	178	-	163	160	152	-	144	139	135	134	125	132	121	-	-	-	-	-	-	-	-	-	59	-	-	-	-	-	-
Subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	85	-	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	56	-	-	-	-	-	-	-	-	-	-	-	-
Subordinated debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	57	59	-	-	59	54	-	55	56	59
Total interest expense
6	7,269	7,362	13,679	6	6,139	4,875	7,951	3	3,528	3,308	2,804	2,523	2,510	2,529	2,423	2,341	2,335	2,266	2,270	2,212	2,195	2,089	1,903	1,882	1,908	1,792	-	-	1,867	1,941	2,139	2,445	2,621	2,736	2,825	2,903	2,775	2,779
NET INTEREST INCOME
19	19,377	19,560	37,528	18	18,068	17,167	31,561	15	15,703	15,103	13,541	12,432	12,573	12,576	11,840	11,508	11,900	11,704	11,547	11,697	12,162	11,129	8,849	8,434	8,330	7,373	-	-	7,330	7,419	6,913	7,309	7,321	7,477	7,091	7,392	4,763	4,514
PROVISION FOR LOAN LOSSES
2	388	896	1,035	0	314	682	1,536	0	642	868	383	376	656	925	817	563	496	618	659	837	862	827	598	253	295	500	-	-	462	610	707	215	345	516	272	1,195	273	642
Interest Income (Expense), after Provision for Loan Loss
-	-	-	-	-	-	-	-	-	-	14,235	-	12,056	11,917	11,651	-	10,945	-	-	-	-	11,300	10,302	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income After Provision for Loan Losses
16	18,989	18,664	36,492	18	17,754	16,485	-	15	15,061	-	-	-	-	-	-	-	11,404	11,086	-	10,860	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,251	8,181	8,035	6,873	-	-	6,868	-	-	-	-	-	-	-	-	-
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,868	-	-	-	-	-	-	-	-	-
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,809	-	7,094	6,976	6,961	-	6,196	4,489	3,872
NONINTEREST INCOME:
Deposit Account Charges and Related Fees
1	1,632	1,423	2,493	1	1,286	1,224	2,252	1	1,162	1,168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Fees and Commissions, Depositor Accounts
-	-	-	-	-	-	-	-	-	-	-	-	959	952	942	-	888	901	924	876	827	934	819	753	628	660	575	-	-	442	431	396	379	377	371	387	393	398	390
Bank card interchange income
1	1,311	1,362	2,411	1	1,182	1,063	2,000	0	905	869	761	699	719	685	684	628	632	636	634	568	589	503	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Late Charges
0	121	146	248	0	120	94	212	0	106	113	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan Servicing Fees
-0	103	130	62	0	154	159	473	0	147	180	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Bank card interchange income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	355	340	319	-	-	289	-	-	-	-	-	-	-	-	-
Bank credit transaction fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	303	278	263	263	255	221	210	201
Fees and Commissions, Other
-	-	-	-	-	-	-	-	-	-	-	-	136	100	85	-	107	81	77	94	127	83	97	67	57	63	54	-	-	52	51	51	53	57	58	71	44	59	56
Bank Servicing Fees
-	-	-	-	-	-	-	-	-	-	-	-	67	74	56	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loan servicing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	69	32	40	35	81	25	22	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Loan Fees
0	354	243	645	0	377	337	836	0	242	388	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Banking Fees and Commissions
-	-	-	-	-	-	-	-	-	-	-	-	279	319	238	-	189	178	170	308	166	112	134	86	129	152	76	-	-	73	72	78	22	49	50	41	46	60	48
Net realized gains on sale of loans
0	203	273	450	0	141	179	381	0	219	203	219	108	241	272	243	112	153	133	183	92	203	178	146	112	160	85	-	-	89	53	82	89	49	93	87	34	32	18
Net Realized Gains on Sale of Available for Sale Securities
-	-	254	-	-	-	246	-	0	37	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gains on sale of AFS securities
-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	3	3	-	-	-2	109	-	-	-	-	-	-	-	-	-	-	-	-	-
Bargain purchase gain on acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,996	-
Earnings on bank owned life insurance
0	253	270	606	0	594	128	-	0	234	-	211	503	210	211	174	143	466	145	142	140	144	143	155	126	130	129	-	-	128	125	128	71	71	71	69	68	69	69
Other income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	340	-	80	146	97	91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income
0	357	4,101	-2,666	0	200	3,430	487	0	122	117	101	174	85	86	-	79	-	82	-	-	-	-	-	57	53	42	-	-	41	26	51	58	30	207	-	40	39	35
Total noninterest income
3	4,334	-	-	3	4,054	-	7,422	3	3,174	3,271	2,884	2,925	2,700	2,575	2,587	2,178	2,791	2,202	2,398	2,094	2,187	1,980	1,723	1,462	1,667	1,280	-	-	1,117	1,059	1,093	954	899	1,116	965	850	7,866	819
NONINTEREST EXPENSE:
Compensation and benefits
7	6,993	7,125	13,879	7	6,445	6,047	11,939	6	5,424	5,932	5,020	5,086	4,513	4,787	4,394	4,653	4,399	4,323	4,514	4,541	4,628	4,145	3,386	3,215	3,032	2,632	-	-	2,523	2,461	2,292	2,418	2,274	2,252	2,184	2,281	1,852	1,668
Occupancy and equipment, net
3	2,967	2,888	5,481	2	2,671	2,470	5,072	2	2,379	2,309	2,316	2,080	1,991	2,031	1,953	1,838	1,676	1,665	1,465	1,424	1,633	1,357	1,039	1,045	978	784	-	-	681	691	650	679	619	582	560	518	715	447
Deposit insurance premiums
0	0	0	377	0	145	138	246	0	151	119	188	172	146	175	167	166	163	161	192	158	174	162	106	148	110	98	-	-	92	94	97	94	90	93	96	164	152	150
Legal and professional fees
0	239	184	454	0	254	256	632	0	293	252	445	260	325	203	144	162	144	126	149	221	264	263	292	321	685	226	-	-	116	99	104	145	94	98	123	82	251	72
Advertising
0	283	309	567	0	278	315	594	0	364	238	344	277	242	239	286	173	219	254	266	232	275	131	166	117	136	101	-	-	84	58	84	89	80	87	87	74	47	52
Postage and office supplies
0	178	183	426	0	193	152	354	0	177	197	129	155	145	132	152	158	154	159	144	133	172	128	129	169	167	103	-	-	123	103	93	115	110	122	96	96	93	74
Intangible amortization
0	441	441	901	0	374	396	760	0	348	348	227	228	228	228	228	228	259	310	315	323	323	292	208	186	176	104	-	-	104	104	104	104	104	104	104	104	73	73
Bank Card Network Expense
0	680	617	1,128	0	496	495	839	0	373	367	326	271	274	279	258	230	230	253	424	85	234	276	-	586	181	142	-	-	142	144	-	-	-	-	-	-	-	-
Bank card network fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	298	168	136	130	132	140	104	97	101
Other operating expense
1	1,904	1,214	2,736	1	1,696	1,180	2,747	1	1,010	993	1,828	1,035	842	1,085	693	649	922	737	533	974	887	848	703	832	761	377	-	-	573	380	476	1,083	379	311	439	640	411	221
Total noninterest expense
14	13,685	12,961	25,954	13	12,552	11,449	23,189	11	10,519	10,755	10,823	9,564	8,706	9,159	8,275	8,257	8,166	7,988	8,002	8,091	8,590	7,602	6,234	6,619	6,226	4,567	-	-	4,440	4,137	4,072	4,866	3,883	3,782	3,833	4,068	3,695	2,861
INCOME BEFORE INCOME TAXES
6	9,638	9,804	18,220	8	9,256	8,466	14,257	7	7,716	6,751	5,219	5,417	5,911	5,067	5,335	4,866	6,029	5,300	5,284	4,863	4,897	4,680	3,740	3,024	3,476	3,586	-	-	3,545	3,731	3,227	3,182	3,991	4,294	3,951	2,978	8,661	1,830
Unrealized gains (losses) on securities available-for-sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-398	-	-	-	-	-	-	-	-	-	-
Unrealized gains on available-for-sale securities for which a portion of an other-than-temporary impairment has been recognized in income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15	-	-	-	-	-	-	-	-	-	-
INCOME TAXES
1	1,921	1,976	3,577	1	1,802	1,666	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	141	-	-	-	-	-	-	-	-	-	-
INCOME TAXES
-	-	-	-	-	-	-	-	1	2,546	1,889	-	1,463	1,735	1,358	1,653	1,544	1,820	1,665	1,718	1,497	1,460	1,381	984	781	957	1,023	-	-	1,064	1,140	-	1,006	-	-	-	-	-	-
INCOME TAXES
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,317	1,444	-	1,000	3,085	527
NET INCOME
5	7,717	7,828	14,642	7	7,454	6,800	10,891	5	5,170	4,862	3,713	3,954	4,176	3,709	3,682	3,322	4,209	3,635	3,566	3,366	3,437	3,299	2,756	2,243	2,519	2,563	2,529	2,466	2,480	2,590	2,397	2,176	2,674	2,850	2,613	1,977	5,576	1,302
Net realized gains on sale of AFS securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: dividend on preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	35	50	50	50	50	50	-	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: dividend on preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	50	-	-	-	-	-	-	-	-	-	-	-	-
Less: dividend on preferred shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	50	195	-	50	121	230	-	128	127	127
NET INCOME AVAILABLE TO COMMON STOCKHOLDERS
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,682	3,322	4,174	3,585	3,516	3,316	3,387	3,249	2,706	2,193	2,469	2,513	-	-	2,430	2,395	2,280	2,126	2,552	2,619	2,485	1,849	5,448	1,174
Basic earnings per common share
0.55	0.84	0.85	0.80	0.76	0.82	0.76	0.63	0.60	0.60	0.57	-	0.53	-	0.50	0.50	0.45	0.56	0.48	0.47	0.45	0.46	0.46	-0.35	0.33	0.75	0.76	-	-	0.74	0.74	0.55	0.65	0.98	1.25	1.20	0.88	2.61	0.56
Diluted earnings per common share
0.55	0.84	0.85	0.81	0.76	0.81	0.76	0.63	0.60	0.60	0.56	-	0.53	-	0.50	0.49	0.45	0.56	0.48	0.46	0.44	0.45	0.44	-0.34	0.32	0.73	0.74	-	-	0.72	0.71	0.52	0.64	0.95	1.21	1.14	0.86	2.56	0.56
Dividends per common share
0.15	0.15	0.15	0.13	0.13	0.13	0.13	0.11	0.11	0.11	0.11	-	0.10	-	0.10	0.09	0.09	0.09	0.09	0.08	0.08	0.08	0.08	-0.08	0.08	0.16	0.16	-	-	0.15	0.15	-	0.12	0.12	0.12	-	0.12	0.12	-
Total other comprehensive income (loss)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-241	-	-	-	-	-	-	-	-	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,224	-	-	-	-	-	-	-	-	-	-
Dividends per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.12