TriState Capital Holdings, Inc. TSCAP Income Statement

Tristate capital holdings, inc. (TSCAP)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11
Interest income:
Loans and leases
239,328	185,349	126,544	92,252	79,205	74,237	68,602	67,268	62,198
Interest and Dividend Income, Securities, Operating
16,324	10,683	6,217	5,443	4,022	3,319	3,683	3,174	2,416
Interest-earning deposits
6,795	3,754	1,534	617	369	529	566	592	753
Interest and Dividend Income, Operating
262,447	199,786	134,295	98,312	83,596	78,085	72,851	71,034	65,367
Interest expense:
Deposits
125,592	78,493	37,485	19,807	12,888	10,611	10,981	13,651	17,986
Interest Expense, Borrowings
9,798	7,889	5,457	3,692	2,755	1,640	86	23	0
Interest Expense
135,390	86,382	42,942	23,499	15,643	12,251	11,067	13,674	17,986
Net interest income
127,057	113,404	91,353	74,813	67,953	65,834	61,784	57,360	47,381
Provision (credit) for loan and lease losses
-968	-205	-623	838	13	10,159	8,187	8,185	5,339
Net interest income after provision for loan and lease losses
128,025	113,609	91,976	73,975	67,940	55,675	53,597	49,175	42,042
Non-interest income:
Net gain on the sale and call of debt securities
416	-70	310	77	33	1,428	797	1,114	1,323
Net gain on the sale of loans
-	-	-	-	-	-	-	-	5
Unrealized net gain (loss) on swaps
-	-	-	-	-161	-420	210	-15	-
Bank owned life insurance income
1,736	1,716	1,778	1,796	1,696	1,441	996	512	-
Other income
812	-668	564	683	77	211	197	536	235
Total non-interest income
52,782	47,917	46,966	46,508	35,483	31,549	5,798	6,199	3,908
Non-interest expense:
Compensation and employee benefits
69,176	64,771	59,316	54,522	46,136	41,048	24,556	24,106	21,115
Premises and occupancy costs
6,741	5,580	5,010	4,865	4,549	3,931	3,190	2,826	2,380
Professional fees
6,188	4,729	3,873	3,850	3,739	3,431	4,098	3,025	3,070
FDIC insurance expense
5,292	4,543	4,238	3,058	1,988	1,928	1,463	1,397	1,917
General insurance expense
1,097	1,030	1,047	1,037	1,066	1,165	840	480	413
State capital shares tax
420	1,521	1,546	1,394	1,081	1,043	1,124	806	1,319
Travel and entertainment expense
4,620	3,816	3,118	3,062	2,761	2,404	1,551	1,231	1,139
Data processing expense
1,848	1,565	582	1,153	1,073	922	793	843	701
Charitable contributions
1,157	1,039	1,057	996	1,021	1,151	855	856	316
Intangible amortization expense
2,000	1,968	1,900	1,753	1,558	1,299	0	0	-
Change in fair value of acquisition earn out
0	-218	0	-3,687	0	1,614	0	0	-
Other operating expenses
13,601	10,813	9,834	6,791	5,071	4,391	2,345	2,295	1,624
Total non-interest expense
112,149	101,157	91,472	78,794	70,043	64,327	40,815	37,865	33,994
Income before tax
68,658	60,369	47,470	41,689	33,380	22,897	18,580	17,509	11,956
Income Tax Expense (Benefit)
8,465	5,945	9,482	13,048	10,892	6,969	5,713	6,837	4,738
Net income
60,193	54,424	37,988	28,641	22,488	15,928	12,867	10,672	7,218
Preferred stock dividends
5,753	2,120	0	0	-	-	-	1,525	1,518
Net income available to common shareholders
54,440	52,304	37,988	28,641	-	-	-	9,147	5,700
Earnings Per Share [Abstract]
Basic (in usd per share)
1.95	1.90	1.38	1.04	0.81	0.56	0.49	0.47	0.33
Diluted (in usd per share)
1.89	1.81	1.32	1.01	0.80	0.55	0.48	0.47	0.33
Investment management fees
Total non-interest income
36,442	37,647	37,100	37,035	29,618	25,062	0	0	-
Service charges on deposits
Total non-interest income
559	570	399	504	647	604	482	433	393
Swap fees
Total non-interest income
11,029	7,311	5,353	4,384	1,551	1,178	1,056	903	70
Commitment and other loan fees
Total non-interest income
1,788	1,411	1,462	2,029	2,022	2,045	2,060	2,716	1,882