Triumph bancorp, inc. (TBK)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Interest and dividend income:
Loans, including fees

195,648

160,723

121,567

84,244

61,637

56,080

23,262

11,429

Factored receivables, including fees

101,257

92,103

47,177

35,213

33,944

28,158

17,938

14,458

Securities

10,474

6,354

6,823

4,309

2,558

2,630

1,225

1,013

FHLB and other restricted stock

712

507

207

73

156

-

-

-

Tax exempt securities

-

-

-

-

-

60

39

-

Cash deposits

3,062

3,289

1,450

653

465

302

166

52

Total interest income

311,153

262,976

177,224

124,492

98,760

87,230

42,630

26,952

Interest expense:
Deposits

40,225

23,058

13,082

9,156

6,906

5,036

3,560

3,341

Federal Home Loan Bank advances

-

-

-

-

-

-

-

14

Senior secured note

-

-

-

-

-

584

123

-

Subordinated notes

3,553

3,351

3,344

835

-

-

-

-

Junior subordinated debentures

2,910

2,741

1,955

1,427

1,121

1,095

247

-

Other borrowings

8,562

6,776

3,159

716

82

55

17

360

Total interest expense

55,250

35,926

21,540

12,134

8,109

6,770

3,947

3,715

Net interest income

255,903

227,050

155,684

112,358

90,651

80,460

38,683

23,237

Credit loss expense

7,942

16,167

11,628

6,693

4,529

5,858

3,412

1,739

Net interest income after credit loss expense

247,961

210,883

144,056

105,665

86,122

74,602

35,271

21,498

Noninterest income:
Net OREO gains (losses) and valuation adjustments

351

-514

-850

-1,427

-108

-582

154

1,379

Net gains (losses) on sale of securities

61

-272

35

-56

259

88

-

-

Net gains on sale of loans

-

-

-

-

1,630

1,495

846

132

Insurance commissions

4,219

3,492

2,981

1,295

296

-

-

-

Gain on branch sale

-

-

-

-

-

12,619

-

-

Bargain purchase gain

-

-

-

-

15,117

-

9,014

-

Gain on sale of subsidiary or division

-

1,071

20,860

-

-

-

-

-

Other

5,492

2,060

5,407

6,151

3,560

3,231

702

290

Total noninterest income

31,569

22,970

40,656

20,956

33,297

24,767

13,013

2,661

Noninterest expense:
Salaries and employee benefits

112,862

90,212

72,696

54,531

50,175

42,131

20,737

11,739

Occupancy, furniture and equipment

18,196

14,023

9,833

7,301

6,259

5,474

2,465

1,308

FDIC insurance and other regulatory assessments

298

1,129

1,201

913

1,086

1,042

499

241

Carrying costs for OREO

-

-

-

-

-

-

-

240

Professional fees

7,288

8,939

7,192

5,529

4,429

3,574

2,460

1,169

Amortization of intangible assets

9,131

6,980

5,201

3,782

3,979

2,923

620

948

Advertising and promotion

6,126

4,974

3,226

2,716

2,061

2,594

682

621

Communications and technology

20,976

18,270

8,843

6,491

4,360

3,748

1,412

546

Other

29,207

22,826

15,422

11,849

9,516

7,716

3,849

1,667

Total noninterest expense

204,084

167,353

123,614

93,112

81,865

69,202

32,724

18,479

Net income (loss) before income tax

75,446

66,500

61,098

33,509

37,554

30,167

15,560

5,680

Income tax expense (benefit)

16,902

14,792

24,878

12,809

8,421

10,378

2,133

-5,394

Net income

-

-

-

-

-

19,789

13,427

11,074

Income attributable to noncontrolling interests

-

-

-

-

-

2,060

867

993

Net income (loss)

58,544

51,708

36,220

20,700

29,133

17,729

12,560

10,081

Dividends on preferred stock

-

578

774

887

780

780

721

-

Net income available to common stockholders

58,544

51,130

35,446

19,813

28,353

16,949

11,839

10,081

Earnings (loss) per common share
Basic

2.26

2.06

1.85

1.11

1.60

1.55

1.40

2.24

Diluted

2.25

2.03

1.81

1.10

1.57

1.52

1.39

2.24

Service charges on deposits
Revenue

7,132

5,469

4,181

3,447

2,732

3,009

703

-

Card income
Revenue

7,873

6,514

3,822

2,732

2,234

2,098

405

-

Fee income
Revenue

6,441

5,150

2,503

2,240

1,931

1,820

1,189

860

Asset management fees
Revenue

-

-

1,717

6,574

5,646

989

0

-