Standard avb financial corp. (STND)
Income statement / Yearly
Dec'19Dec'18Dec'17Sep'16Sep'13Sep'12Sep'11Sep'10
Interest and Dividend Income
Loans, including fees

32,487

32,033

26,948

14,430

13,429

14,684

15,627

15,994

Mortgage-backed securities

2,183

1,999

1,257

423

701

1,081

1,261

877

Investments:
Taxable

464

420

518

374

706

725

889

857

Tax-exempt

1,580

1,431

1,316

816

900

829

627

433

Federal Home Loan Bank and other restricted stock

618

590

384

166

-

-

-

-

Interest-earning deposits and federal funds sold

372

322

133

34

5

5

8

40

Total Interest and Dividend Income

37,704

36,795

30,556

16,243

15,741

17,324

18,412

18,201

Interest Expense
Deposits

6,991

4,961

3,471

2,604

3,328

3,610

3,766

4,614

Federal Home Loan Bank short-term borrowings

45

227

470

-

-

-

-

1,605

Long-term borrowings

2,209

2,255

1,131

842

492

744

1,137

-

Securities sold under agreements to repurchase

17

11

4

2

4

7

16

28

Total Interest Expense

9,262

7,454

5,076

3,448

3,824

4,361

4,919

6,247

Net Interest Income

28,442

29,341

25,480

12,795

11,917

12,963

13,493

11,954

Provision for Loan Losses

725

572

517

105

375

1,200

1,625

1,179

Net Interest Income after Provision for Loan Losses

27,717

28,769

24,963

12,690

11,542

11,763

11,868

10,775

Noninterest Income
Service charges

-

-

-

1,632

1,762

1,590

1,614

1,691

Earnings on bank-owned life insurance

537

533

510

491

496

396

395

386

Net losses on sales of securities

-1

-17

-323

-

-

-

-

-

Net gains on sales of equities

0

394

-

-

-

-

-

-

Net equity securities fair value adjustment (losses) gains

230

-484

-

-

-

-

-

-

Net loan sale gains and referral fees

273

71

-

-

-

-

-

-

Total other-than -temporary impairment losses on securities

-

-

-

-

-

-

-

102

Portion of loss recognized in other comprehensive income before taxes

-

-

-

-

-

-

-

0

Net impairment losses on securities

-

-

-

-

-

-

-

102

Net losses on sales of securities

-

-

-

117

79

56

22

21

Net loan sale gains

-

-

197

70

205

205

75

12

Annuity and mutual fund fees

-

-

-

-

194

121

190

224

Investment management fees

-

-

-

201

-

-

-

-

Other income

272

236

178

32

66

35

37

33

Total Noninterest Income

5,052

4,347

3,543

2,543

2,802

2,403

2,333

2,265

Noninterest Expenses
Compensation and employee benefits

12,812

12,418

10,403

6,520

6,210

5,836

5,512

5,069

Data processing

717

644

612

462

421

425

389

378

Premises and occupancy costs

2,427

2,637

2,182

1,248

1,158

1,097

995

910

Automatic teller machine expense

595

512

439

358

313

312

314

288

Federal deposit insurance

105

293

279

211

258

287

362

437

Core deposit amortization

627

836

772

-

168

168

168

168

Merger related expenses

-

-

3,089

709

-

-

-

-

Contribution to Standard Charitable Foundation

-

-

-

-

-

-

1,376

-

Other operating expenses

4,342

4,727

3,943

1,498

1,957

1,897

1,723

1,497

Total Noninterest Expenses

21,625

22,067

21,719

11,006

10,485

10,022

10,839

8,747

Income before Income Tax Expense

11,144

11,049

6,787

4,227

3,859

4,144

3,362

4,293

Income Tax Expense
Federal

1,704

1,713

2,106

930

823

1,007

773

-

State

634

535

356

263

154

181

165

-

Federal

-

-

-

-

-

-

-

1,217

State

-

-

-

-

-

-

-

161

Total Income Tax Expense

2,338

2,248

2,462

1,193

977

1,188

938

1,378

Net Income

8,806

8,801

4,325

3,034

2,882

2,956

2,424

-

Earnings Per Share:
Net Income

-

-

-

-

-

-

-

2,915

Basic earnings per common share (in dollars per share)

1.91

1.90

1.08

1.26

0.97

0.93

0.76

-

Diluted earnings per common share (in dollars per share)

1.90

1.88

1.05

1.22

0.97

0.93

0.76

-

Cash dividends paid per common share (in dollars per share)

0.88

0.88

0.77

0.42

0.18

0.18

-

-

Basic weighted average shares outstanding (in shares)

4,606

4,634

4,021

2,414

2,966

3,163

-

-

Diluted weighted average shares outstanding (in shares)

4,642

4,685

4,127

2,493

2,975

3,163

-

-

Weighted average shares outstanding (in shares)

-

-

-

-

-

-

3,207

-

Service charges
Fees and commissions

3,046

2,970

2,569

-

-

-

-

-

Investment management fees
Fees and commissions

695

644

412

-

-

-

-

-