TriState Capital Holdings, Inc. TSC Income Statement

Tristate capital holdings, inc. (TSC)

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
Interest income:
Loans and leases
240,984	239,328	232,630	219,549	203,584	185,349	167,790	152,924	138,552	126,544	115,428	105,193	97,294	92,252	88,390	84,884	82,082	79,205	78,464	77,370	76,013	74,237	72,072	70,555	69,588	68,602	68,347	68,292	67,685	67,268	0	0	0
Interest and Dividend Income, Securities, Operating
15,872	16,324	16,203	15,103	13,252	10,683	8,658	7,296	6,531	6,217	6,022	5,891	5,668	5,443	5,296	4,936	4,475	4,022	3,739	3,496	3,278	3,319	3,237	3,442	3,609	3,683	3,590	3,400	3,352	3,174	0	0	0
Interest-earning deposits
6,891	6,795	6,302	5,175	4,436	3,754	3,044	2,423	1,891	1,534	1,209	925	727	617	525	455	404	369	367	396	481	529	556	571	563	566	636	643	588	592	0	0	0
Interest and Dividend Income, Operating
263,747	262,447	255,135	239,827	221,272	199,786	179,492	162,643	146,974	134,295	122,659	112,009	103,689	98,312	94,211	90,275	86,961	83,596	82,570	81,262	79,772	78,085	75,865	74,568	73,760	72,851	72,573	72,335	71,625	71,034	0	0	0
Interest expense:
Deposits
123,503	125,592	121,816	109,884	94,425	78,493	63,951	52,373	44,173	37,485	31,692	26,275	22,382	19,807	17,474	15,561	14,134	12,888	12,082	11,562	11,078	10,611	10,350	10,187	10,372	10,981	11,793	12,527	13,098	13,651	0	0	0
Interest Expense, Borrowings
8,637	9,798	9,796	9,917	9,333	7,889	6,870	6,813	6,102	5,457	4,900	4,568	3,955	3,692	3,618	3,294	2,953	2,755	2,666	2,637	2,266	1,640	985	325	86	86	85	66	44	23	0	0	0
Interest Expense
132,140	135,390	131,612	119,801	103,758	86,382	70,821	59,186	50,275	42,942	36,592	30,843	26,337	23,499	21,092	18,855	17,087	15,643	14,748	14,199	13,344	12,251	11,335	10,512	10,458	11,067	11,878	12,593	13,142	13,674	0	0	0
Net interest income
131,607	127,057	123,523	120,026	117,514	113,404	108,671	103,457	96,699	91,353	86,067	81,166	77,352	74,813	73,119	71,420	69,874	67,953	67,822	67,063	66,428	65,834	64,530	64,056	63,302	61,784	60,695	59,742	58,483	57,360	0	0	0
Provision (credit) for loan and lease losses
2,402	-968	-2,277	-1,904	-777	-205	-1,289	-772	-671	-623	2,220	1,395	959	838	-96	-895	-790	13	-440	1,552	10,476	10,159	10,841	15,101	6,663	8,187	10,738	7,364	9,086	8,185	0	0	0
Net interest income after provision for loan and lease losses
129,205	128,025	125,800	121,930	118,291	113,609	109,960	104,229	97,370	91,976	83,847	79,771	76,393	73,975	73,215	72,315	70,664	67,940	68,262	65,511	55,952	55,675	53,689	48,955	56,639	53,597	49,957	52,378	49,397	49,175	0	0	0
Non-interest income:
Net gain on the sale and call of debt securities
445	416	270	64	-47	-70	62	77	317	310	254	253	74	77	93	79	17	33	17	17	431	1,428	1,441	1,441	1,027	797	784	883	1,898	1,114	0	0	0
Other income
281	812	45	197	17	-668	302	346	556	564	1,681	1,665	1,136	683	-425	-913	-305	77	237	769	376	211	358	92	135	197	741	793	628	536	0	0	0
Total non-interest income
53,029	52,782	50,866	49,374	49,897	47,917	48,481	47,436	46,646	46,966	48,476	49,267	49,002	46,508	41,693	37,211	35,340	35,483	35,307	36,582	36,127	31,549	24,479	16,307	8,490	5,798	5,330	5,757	6,963	6,199	0	0	0
Non-interest expense:
Compensation and employee benefits
69,847	69,176	69,061	67,321	66,078	64,771	64,695	62,411	60,891	59,316	57,916	57,897	56,482	54,522	51,009	47,858	46,655	46,136	46,125	45,837	44,224	41,048	35,564	30,243	26,518	24,556	24,641	25,070	24,707	24,106	0	0	0
Premises and occupancy costs
7,380	6,741	6,402	6,130	5,560	5,580	5,233	5,058	5,034	5,010	5,045	5,073	5,002	4,865	4,693	4,581	4,556	4,549	4,455	4,282	4,148	3,931	3,774	3,551	3,315	3,190	3,098	3,079	2,963	2,826	0	0	0
Professional fees
6,663	6,188	4,897	4,481	4,629	4,729	4,769	4,848	4,117	3,873	4,009	3,734	3,900	3,850	3,632	3,768	3,664	3,739	3,380	3,397	3,407	3,431	4,361	4,283	4,295	4,098	3,219	3,262	3,040	3,025	0	0	0
FDIC insurance expense
6,041	5,292	4,672	4,731	4,818	4,543	4,497	4,565	4,431	4,238	4,109	3,921	3,489	3,058	2,537	2,065	2,042	1,988	1,975	2,079	1,988	1,928	1,828	1,638	1,506	1,463	1,427	1,395	1,344	1,397	0	0	0
General insurance expense
1,065	1,097	1,074	1,094	1,077	1,030	1,009	976	993	1,047	1,074	1,087	1,093	1,037	1,007	969	1,017	1,066	1,157	1,238	1,206	1,165	1,077	1,025	956	840	0	0	0	-	-	-	-
State capital shares tax
423	420	165	1,370	1,474	1,521	1,794	1,707	1,621	1,546	1,556	1,487	1,417	1,394	1,175	1,156	1,137	1,081	1,197	998	1,002	1,043	837	1,094	1,118	1,124	886	839	813	806	0	0	0
Travel and entertainment expense
4,649	4,620	4,392	4,039	4,005	3,816	3,566	3,408	3,149	3,118	3,112	3,002	3,100	3,062	3,028	3,021	2,812	2,761	2,554	2,440	2,495	2,404	2,168	2,018	1,701	1,551	1,456	1,291	1,254	1,231	0	0	0
Data processing expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,073	1,041	996	961	922	897	870	839	793	803	790	812	843	0	0	0
Intangible amortization expense
2,000	2,000	2,009	2,009	2,009	1,968	1,977	1,938	1,898	1,900	1,850	1,850	1,826	1,753	1,680	1,607	1,559	1,558	1,559	1,558	1,558	1,299	909	520	130	0	0	0	0	-	-	-	-
Change in fair value of acquisition earn out
-	-	-	-	-	0	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other operating expenses
13,539	13,601	38,034	37,444	36,702	35,572	11,442	11,197	10,440	9,834	8,229	7,760	7,175	6,791	7,194	6,233	5,673	5,071	5,155	5,145	4,883	4,391	3,890	3,406	2,746	2,345	1,997	2,028	2,325	2,295	0	0	0
Total non-interest expense
114,621	112,149	108,333	106,246	103,979	101,157	100,572	97,698	94,164	91,472	86,571	84,273	81,946	78,794	76,035	72,822	70,947	70,043	71,363	70,735	68,637	64,327	56,160	49,503	43,979	40,815	39,461	39,439	38,731	37,865	0	0	0
Income before tax
67,613	68,658	68,333	65,058	64,209	60,369	57,869	53,967	49,852	47,470	45,752	44,765	43,449	41,689	38,873	36,704	35,057	33,380	32,206	31,358	23,442	22,897	22,008	15,759	21,150	18,580	15,826	18,696	17,629	17,509	0	0	0
Income Tax Expense (Benefit)
9,089	8,465	7,624	6,372	5,622	5,945	6,522	6,899	8,955	9,482	12,236	12,827	13,159	13,048	12,217	12,384	11,782	10,892	10,212	9,776	7,074	6,969	6,362	4,489	6,522	5,713	5,813	7,061	6,888	6,837	0	0	0
Net income
58,524	60,193	60,709	58,686	58,587	54,424	51,347	47,068	40,897	37,988	33,516	31,938	30,290	28,641	26,656	24,320	23,275	22,488	21,994	21,582	16,368	15,928	15,646	11,270	14,628	12,867	10,013	11,635	10,741	10,672	0	0	0
Preferred stock dividends
7,036	5,753	4,470	3,187	2,799	2,120	1,441	762	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,525	0	0	0
Net income available to common shareholders
51,488	54,440	56,239	55,499	55,788	52,304	47,895	42,684	0	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,598	9,147	0	0	0
Earnings Per Share [Abstract]
Basic (in usd per share)
0.39	0.44	0.52	0.49	0.50	0.52	0.49	0.50	0.38	0.44	0.36	0.31	0.27	0.27	0.31	0.25	0.21	0.20	0.22	0.21	0.18	0.18	0.20	0.02	0.16	0.16	0.05	0.15	0.13	0.07	0.11	0.15	0.14
Diluted (in usd per share)
0.38	0.44	0.50	0.47	0.48	0.50	0.47	0.48	0.36	0.42	0.35	0.29	0.26	0.26	0.30	0.24	0.21	0.20	0.22	0.20	0.18	0.17	0.20	0.02	0.16	0.15	0.05	0.15	0.13	0.07	0.11	0.15	0.14
Investment management fees
Total non-interest income
34,656	36,442	36,805	37,731	38,163	37,647	37,838	37,224	36,668	37,100	37,905	39,024	39,356	37,035	34,243	30,930	28,982	29,618	29,870	30,268	30,263	25,062	17,381	9,963	2,454	0	0	0	0	-	-	-	-
Service charges on deposits
Total non-interest income
636	559	493	510	572	570	532	482	439	399	398	436	462	504	553	567	620	647	644	659	637	604	573	530	499	482	467	470	453	433	0	0	0
Swap fees
Total non-interest income
13,599	11,029	9,911	7,621	7,866	7,311	6,711	6,221	5,502	5,353	4,670	4,256	4,243	4,384	3,662	2,982	2,474	1,551	1,517	1,783	1,341	1,178	1,490	1,090	1,156	1,056	667	565	707	903	0	0	0
Commitment and other loan fees
Total non-interest income
1,676	1,788	1,626	1,535	1,610	1,411	1,258	1,308	1,386	1,462	1,772	1,837	1,935	2,029	2,032	2,031	2,017	2,022	2,001	2,065	2,058	2,045	2,030	1,985	2,013	2,060	2,174	2,549	2,780	2,716	0	0	0