Severn bancorp inc (SVBI)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Interest income:
Loans

35,372

36,201

36,685

36,383

35,673

34,877

33,758

32,656

31,534

30,294

29,682

29,419

29,286

29,262

29,040

29,110

29,295

29,734

30,304

30,409

30,478

30,574

30,539

30,954

31,786

32,838

34,293

35,102

36,797

38,140

39,292

41,178

42,183

43,675

45,018

46,184

47,679

49,154

0

0

0

Securities

890

930

1,000

1,069

1,135

1,196

1,226

1,263

1,284

1,233

1,186

1,136

1,107

1,149

1,206

1,240

1,182

1,104

1,053

1,020

990

951

866

741

679

636

617

628

649

672

686

689

669

617

530

466

356

245

0

0

0

Other earning assets

1,921

2,679

3,158

3,097

2,518

1,587

986

730

726

697

586

502

410

339

324

310

320

315

300

296

286

291

308

339

336

318

311

274

259

245

225

223

216

209

204

194

151

134

0

0

0

Total interest income

38,183

39,810

40,843

40,549

39,326

37,660

35,970

34,649

33,544

32,224

31,454

31,057

30,803

30,750

30,570

30,660

30,797

31,153

31,657

31,725

31,754

31,816

31,713

32,034

32,801

33,792

35,221

36,004

37,705

39,057

40,203

42,090

43,068

44,501

45,752

46,844

48,186

49,533

0

0

0

Interest expense:
Deposits

7,278

7,350

7,249

7,048

6,424

5,688

5,051

4,531

4,195

4,037

3,955

3,963

4,029

4,033

3,997

4,010

4,025

4,050

4,059

3,995

3,946

3,928

3,996

4,198

4,437

4,706

5,107

5,716

6,546

7,541

8,420

9,198

9,817

10,405

11,161

12,069

12,993

13,735

0

0

0

Borrowings and subordinated debentures

1,728

1,953

2,214

2,425

2,744

2,915

2,993

3,206

3,357

3,593

3,879

4,088

4,234

4,528

4,762

4,908

5,035

4,942

4,905

4,838

4,774

4,706

4,606

4,552

4,547

4,478

4,460

4,577

4,719

4,961

5,154

5,205

5,196

5,182

5,215

5,357

5,467

5,594

0

0

0

Total interest expense

9,006

9,303

9,463

9,473

9,168

8,603

8,044

7,737

7,552

7,630

7,834

8,051

8,263

8,561

8,759

8,918

9,060

8,992

8,964

8,833

8,720

8,634

8,602

8,750

8,984

9,184

9,567

10,293

11,265

12,502

13,574

14,403

15,013

15,587

16,376

17,426

18,460

19,329

0

0

0

Net interest income

29,177

30,507

31,380

31,076

30,158

29,057

27,926

26,912

25,992

24,594

23,620

23,006

22,540

22,189

21,811

21,742

21,737

22,161

22,693

22,892

23,034

23,182

23,111

23,284

23,817

24,608

25,654

25,711

26,440

26,555

26,629

27,687

28,055

28,914

29,376

29,418

29,726

30,204

0

0

0

Provision for loan losses

0

-

0

-

-

-

0

-

-

-650

-1,150

-1,100

-625

-350

-330

-380

-380

-280

600

850

731

831

4,131

16,081

16,400

16,520

13,120

920

620

765

606

1,456

4,443

4,612

5,671

5,821

5,378

5,744

0

0

0

Net interest income after provision for loan losses

28,927

31,007

31,880

31,376

30,458

29,357

28,226

26,912

26,367

25,244

24,770

24,106

23,165

22,539

22,141

22,122

22,117

22,441

22,093

22,042

22,303

22,351

18,980

7,203

7,417

8,088

12,534

24,791

25,820

25,790

26,023

26,231

23,612

24,302

23,705

23,597

24,348

24,460

0

0

0

Noninterest income:
Mortgage-banking revenue

4,661

3,747

3,506

3,138

2,686

2,561

2,327

1,921

1,567

1,507

2,111

2,819

3,468

3,654

4,179

3,996

4,015

3,764

2,933

2,380

1,869

1,600

1,223

1,711

2,482

3,318

3,561

3,103

0

-

0

0

-

-

-

-

-

-

-

-

-

Real estate commissions

1,662

1,834

1,844

1,822

1,804

1,707

1,552

1,455

1,363

1,358

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

-

-

-

-

Real estate commissions

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,512

1,330

1,319

1,252

1,183

881

1,034

848

769

676

528

514

492

548

644

724

783

754

657

625

598

612

594

0

0

0

Real estate management fees

628

627

617

630

655

674

689

729

664

675

687

704

767

738

731

683

665

658

654

655

646

742

734

742

765

686

719

691

686

655

623

644

627

625

604

590

582

573

0

0

0

Credit report and appraisal fees

-

-

-

-

-

-

-

-

-

464

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit service charges

2,241

2,189

2,106

1,967

1,766

1,552

1,340

1,104

799

538

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Title company revenue

1,147

1,126

1,135

1,089

1,120

1,045

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit service charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage banking activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Other noninterest income

299

350

431

441

509

534

410

378

233

185

369

241

442

543

772

864

1,286

1,205

1,004

1,401

853

949

1,388

955

1,046

997

892

1,025

928

879

782

694

661

652

609

662

700

735

0

0

0

Total noninterest income

11,029

10,264

9,995

9,443

8,896

8,429

7,598

6,736

5,673

5,238

5,596

6,093

7,179

7,071

7,482

7,055

7,296

6,946

5,843

5,619

4,249

4,325

4,193

4,177

4,969

5,529

5,878

5,688

4,769

4,123

3,637

3,226

2,838

2,510

2,558

2,654

2,770

2,745

0

0

0

Noninterest expense:
Compensation and related expenses

20,674

19,738

18,959

18,555

18,066

17,819

17,374

16,001

15,255

14,734

14,766

15,406

15,546

15,425

15,349

15,179

15,456

15,630

15,463

15,313

14,827

14,654

14,518

14,435

14,433

14,321

13,706

13,044

12,371

11,906

11,340

11,020

10,601

10,155

9,826

9,750

9,691

9,583

0

0

0

Occupancy

1,806

1,703

1,587

1,624

1,626

1,555

1,494

1,432

1,366

1,358

1,639

1,618

1,742

1,858

1,655

1,699

1,703

1,676

1,715

1,759

1,724

1,732

1,585

1,495

1,548

1,556

2,307

2,165

1,863

1,597

908

1,035

1,167

1,247

1,180

1,269

1,402

1,466

0

0

0

Legal fees

274

157

204

182

187

149

118

122

126

143

151

191

162

264

372

361

422

354

288

273

274

316

391

548

712

798

869

818

801

746

740

818

856

905

946

1,086

1,101

1,258

0

0

0

Write-downs, losses, and costs of real estate acquired through foreclosure, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

10

2,551

3,866

5,177

6,132

4,082

3,610

3,004

3,319

3,526

3,873

4,681

5,409

5,866

5,689

5,822

5,518

0

0

0

Write-downs, losses, and costs of real estate acquired through foreclosure, net of gains

121

172

316

218

176

83

-13

106

131

132

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Deposit Insurance Corporation insurance premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Foreclosed real estate income, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Deposit Insurance Corporation insurance premiums

-

116

235

235

230

229

153

164

172

115

0

0

0

-

-

-

-

1,234

1,239

1,258

1,297

1,331

1,347

1,387

1,399

1,389

1,567

1,556

1,422

1,444

903

1,101

1,474

1,670

1,920

1,961

1,940

1,948

0

0

0

Professional fees

1,310

1,147

1,013

867

529

498

408

423

436

462

686

751

868

905

803

793

793

887

844

967

996

921

953

1,070

1,101

1,119

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Advertising

969

936

905

972

975

1,021

890

786

815

788

853

813

776

703

828

758

751

760

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Data processing

1,626

1,508

1,403

1,275

1,176

1,098

1,051

1,002

975

907

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Office supplies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Online charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

818

797

893

907

957

957

846

860

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Credit report and appraisal fees

225

198

178

208

231

185

256

360

485

594

649

594

651

651

607

629

746

773

799

925

847

890

968

917

860

856

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Licensing and software

982

946

930

793

657

596

503

526

469

423

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on disposal of premises and equipment

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage leads purchased

-

-

-

-

-

-

-

-

-

235

0

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other noninterest expense

1,968

1,968

1,998

2,086

2,002

2,019

2,844

2,672

2,744

2,751

1,735

1,743

1,785

1,592

2,279

2,114

1,742

1,518

645

512

2,031

2,288

3,515

3,698

2,328

2,417

-446

478

1,424

1,969

5,625

5,193

4,700

4,664

4,747

4,802

4,894

4,901

0

0

0

Total noninterest expense

31,163

29,661

28,716

28,003

26,843

26,240

25,079

23,643

23,114

22,642

23,145

23,754

24,181

24,084

24,922

24,630

24,747

24,762

22,840

22,756

23,623

23,736

27,254

28,921

29,029

30,072

27,209

25,749

24,138

23,527

23,042

23,040

23,479

24,050

24,485

24,557

24,850

24,674

0

0

0

Net income before income tax provision

8,793

11,610

13,159

12,816

12,511

11,546

10,745

10,005

8,926

7,840

7,221

6,445

6,163

5,526

4,701

4,547

4,666

4,625

5,096

4,905

2,929

2,940

-4,081

-17,541

-16,643

-16,455

-8,797

4,730

6,451

6,386

6,618

6,417

2,971

2,762

1,778

1,694

2,268

2,531

0

0

0

Income tax provision

2,463

3,236

3,392

3,265

3,218

2,977

5,125

5,291

5,148

5,022

2,952

2,380

-9,395

-10,014

-10,814

-11,140

89

90

89

57

22

31

30

8,186

8,276

8,710

9,624

1,929

2,679

2,658

2,764

2,686

1,289

1,210

817

799

1,055

1,172

0

0

0

Net income

-

-

9,767

9,551

-

8,569

5,620

4,714

3,778

2,818

4,269

4,065

15,558

15,540

15,515

15,687

4,577

4,535

5,007

4,848

2,907

2,909

-4,111

-25,727

-24,919

-25,165

-18,421

2,801

3,772

3,728

3,854

3,731

1,682

1,552

961

895

1,213

1,359

0

0

0

Amortization of discount on Series B preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

781

271

271

271

271

270

270

270

270

270

270

270

270

270

270

270

270

270

270

270

270

270

270

271

270

0

0

0

Dividends on preferred stock

-

-

-

-

-

70

140

210

280

280

281

659

985

1,441

1,896

1,974

2,104

2,105

2,106

2,106

2,106

2,072

1,838

1,604

1,371

1,170

1,169

1,170

1,170

1,240

1,311

1,380

1,450

1,450

1,450

1,450

1,449

1,450

0

0

0

Net income

6,330

8,374

9,767

9,551

9,293

8,499

5,480

4,504

3,498

2,538

3,410

2,760

13,860

13,318

13,348

13,442

2,202

2,159

2,631

2,472

531

567

-6,219

-27,601

-26,560

-26,605

-19,860

1,361

2,332

2,218

2,273

2,081

-38

-168

-759

-825

-507

-361

0

0

0

Net income per common share - basic (in dollars per share)

0.04

0.10

0.19

0.17

0.20

0.21

0.17

0.15

0.15

-0.04

0.10

0.08

0.07

0.07

0.04

1.02

0.03

0.04

0.06

0.08

0.03

0.10

0.05

-0.12

0.03

-0.58

-2.08

-0.01

0.03

0.10

0.03

0.08

0.01

0.10

0.01

-0.13

0.00

0.03

0.01

-0.10

0.02

Net income per common share - diluted (in dollars per share)

0.04

0.09

0.19

0.17

0.20

0.20

0.17

0.15

0.15

-0.03

0.10

0.07

0.07

0.06

0.04

1.02

0.03

0.04

0.06

0.08

0.03

0.10

0.05

-0.12

0.03

-0.58

-2.08

-0.01

0.03

0.10

0.03

0.08

0.01

0.10

0.01

-0.13

0.00

0.03

0.01

-0.10

0.02

Common stock dividends declared per share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.00

0.00