United community financial corp (UCFC)
Income statement / Quarterly
Sep'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'11Sep'10Jun'10
Interest income
Loans

26,037

26,373

25,856

26,588

24,031

23,275

22,759

21,529

20,697

20,011

17,558

15,285

14,633

14,184

13,801

13,612

13,426

12,890

12,691

-

12,436

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,361

12,122

-

12,233

12,207

12,627

-

14,567

16,959

-

-

-

-

-

-

-

Loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,656

-

19,558

21,421

22,510

24,589

24,918

Loans held for sale

1,067

991

1,007

1,184

1,264

1,012

858

886

882

872

661

578

482

363

332

371

390

341

294

217

114

74

49

63

80

78

89

119

101

104

100

272

163

41

66

109

69

Securities available for sale, nontaxable

235

236

307

335

333

356

388

416

416

418

418

377

339

290

123

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale, taxable

1,828

1,611

1,263

1,148

1,176

1,193

1,215

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale, taxable

-

-

-

-

-

-

-

-

1,276

1,479

1,602

-

1,630

1,781

1,935

2,002

2,599

2,679

2,861

2,946

3,002

3,125

3,241

3,278

3,364

3,384

3,428

3,488

3,219

3,540

3,494

3,102

3,323

3,094

2,847

3,235

2,896

Securities held to maturity, nontaxable

0

25

75

69

69

61

51

51

49

52

62

65

66

62

55

-

33

12

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities held to maturity, taxable

0

118

379

380

374

398

422

421

424

454

465

422

466

524

577

-

17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank stock dividends

173

245

290

290

289

274

280

267

253

227

214

181

180

180

182

182

181

178

182

182

180

230

267

267

280

277

283

316

279

280

300

267

264

294

300

297

294

Other interest earning assets

203

200

224

177

154

92

77

57

51

40

80

18

19

15

15

10

8

11

6

7

4

21

26

47

52

41

9

12

25

11

12

29

13

13

9

10

8

Total interest income

29,543

29,799

29,401

30,171

27,690

26,661

26,050

24,849

24,048

23,553

21,060

18,495

17,815

17,399

17,020

16,836

16,654

16,111

16,034

15,992

15,736

15,811

15,705

16,312

16,009

15,987

16,436

17,797

18,191

20,894

21,562

22,471

23,321

24,863

25,732

28,240

28,185

Interest expense
Deposits

6,856

7,197

6,574

5,865

5,044

3,790

3,097

2,603

2,226

1,987

1,621

1,425

1,389

1,496

1,612

1,664

1,690

1,639

1,533

1,583

1,548

1,627

1,677

1,780

1,847

1,909

2,087

2,322

2,600

2,942

4,032

5,957

5,972

6,081

6,331

7,528

8,408

Federal Home Loan Bank advances

1,103

559

641

811

1,023

1,576

1,420

1,365

1,315

1,064

955

732

661

563

530

387

340

302

305

443

537

524

518

530

529

524

523

535

535

613

732

748

793

796

825

984

875

Repurchase agreements and other

-

-

-

-

-

-

-

1

4

8

8

4

5

6

5

295

323

319

316

615

926

919

908

928

929

918

909

929

928

919

919

2,772

931

928

-922

942

931

Total interest expense

7,959

7,756

7,215

6,677

6,067

5,366

4,517

3,969

3,545

3,059

2,584

2,161

2,055

2,065

2,147

2,346

2,353

2,260

2,154

2,641

3,011

3,070

3,103

3,238

3,305

3,351

3,519

3,786

4,063

4,474

5,683

7,633

7,696

7,805

8,078

9,454

10,214

Net interest income

21,584

22,043

22,186

23,494

21,623

21,295

21,533

20,880

20,503

20,494

18,476

16,334

15,760

15,334

14,873

14,490

14,301

13,851

13,880

13,351

12,725

12,741

12,602

13,074

12,704

12,636

12,917

14,011

14,128

16,420

15,879

14,838

15,625

17,058

17,654

18,786

17,971

(Recovery) provision for loan losses

-

-

-

-

-

-

-

-

-

842

-

-

-

-

-

-

-

-

-184

194

116

-1,614

33

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for loan losses

701

-51

61

179

251

-138

407

-

721

-

1,475

1,493

1,344

395

2,155

-

673

753

-

-

-

-

-

-

657

1,113

2,064

-

30,279

6,264

680

2,386

11,836

8,244

2,192

17,116

10,310

Net interest income after provision for loan losses

20,883

22,094

22,125

23,315

21,372

21,433

21,126

19,665

19,782

19,652

17,001

14,841

14,416

14,939

12,718

13,597

13,628

13,098

14,064

13,157

12,609

14,355

12,569

12,792

12,047

11,523

10,853

11,909

-16,151

10,156

15,199

12,452

3,789

8,814

15,462

1,670

7,661

Non-interest income
Insurance agency income

575

545

701

562

545

513

577

552

509

472

473

383

451

516

336

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Brokerage income

480

409

370

-

339

300

272

-

271

301

322

-

337

396

300

-

259

248

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-deposit investment income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

292

259

408

407

341

373

275

373

541

373

478

506

541

347

389

308

354

388

484

Deposit related fees

-

-

-

-

-

-

-

-

-

1,411

1,290

-

1,418

1,362

1,326

1,573

1,405

1,341

1,065

1,051

1,321

1,331

1,198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing fees

908

881

873

858

821

813

812

781

760

729

735

719

715

701

698

692

683

681

674

684

678

686

689

704

702

698

704

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights valuation

336

996

499

44

6

20

-9

-6

10

2

3

-741

-25

292

435

-112

138

-206

161

-

-2

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights valuation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5

-1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deposit related fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,471

1,334

1,260

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights valuation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

30

211

-

-

-

-

-

-

-

-

-

-

-

Mortgage servicing rights amortization

702

553

446

430

477

542

500

519

491

486

448

534

525

567

468

446

449

462

443

428

435

432

392

431

482

570

660

-

-

-

-

-

-

-

-

-

-

Net Gains (losses):
Trading securities, including change in fair value

29

39

64

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Securities available for sale (includes $128, $0, $420 and $233, respectively, accumulated other comprehensive income reclassifications for unrealized net gains on available for sale securities)

128

148

144

-860

0

94

139

-

236

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other service fees

-

-

-

-

-

-

-

-

-

33

29

-

43

47

18

19

19

20

17

-

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other service fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

18

43

-

-

-

-

-

-

-

-

-

-

Service fees and other charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

793

901

2,317

1,172

203

1,588

1,453

1,563

424

Securities available for sale (includes $94, $301, $233, and $330, respectively, accumulated other comprehensive income reclassifications for unrealized net gains on available for sale securities)

-

-

-

-

-

-

-

-

-

301

29

-

218

233

153

131

0

0

11

82

328

31

3

-1

0

1,857

721

1,164

1,192

3,555

414

5,133

1,958

229

1,313

781

3,671

Mortgage banking income

2,508

2,631

1,676

1,118

1,409

1,205

1,358

1,375

1,688

2,117

1,323

1,236

1,957

1,869

1,382

1,538

1,709

2,041

1,553

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total impairment loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

28

-10

44

-

Loss recognized in other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

-

Net impairment loss recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

35

28

10

44

-

Mortgage banking income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

676

312

612

-

895

1,389

1,643

2,083

2,110

1,727

1,471

1,243

682

3,128

622

1,419

651

Real estate owned and other repossessed assets, net

55

33

31

24

45

113

78

46

73

18

52

17

0

63

13

134

119

102

90

172

203

42

383

-

395

1,140

-

-

-

-

-

-

-

-

-

-

-

Increase in cash surrender value of life insurance

398

397

385

-

435

433

434

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate owned and other repossessed assets charges, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-431

-

-1,795

-923

-729

-1,184

-2,627

-1,362

-992

-1,273

-1,755

Debit/credit card fees

-

-

-

-

-

-

-

-

-

1,326

923

-

915

1,120

885

907

1,036

925

816

893

837

852

772

850

821

1,179

734

-

-

-

-

-

-

-

-

-

-

Trust fees

-

-

-

-

-

-

-

-

-

420

282

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other income

80

83

58

1,665

122

66

40

1,107

475

486

481

526

449

458

476

743

468

377

384

603

559

298

385

491

218

1,035

703

-1,974

974

1,183

1,077

1,172

1,346

1,437

1,248

1,281

1,270

Total non-interest income

7,015

6,671

6,073

5,585

6,146

5,852

5,819

6,460

6,305

7,090

5,384

5,635

6,003

5,780

4,658

5,451

4,873

5,275

4,118

2,905

4,174

3,438

3,224

4,124

3,548

6,384

5,693

6,939

3,752

6,949

5,091

12,021

1,916

5,300

3,988

4,115

4,745

Non-interest expense
Salaries and employee benefits

8,831

9,106

10,575

9,029

9,107

8,937

9,998

8,347

8,736

8,749

8,975

7,376

6,950

7,186

7,088

5,756

6,894

6,898

7,176

6,683

7,001

8,282

7,580

6,291

7,379

7,132

6,873

4,510

8,634

8,684

8,333

7,863

7,927

7,686

7,684

7,568

9,105

Occupancy

1,024

1,028

1,046

1,023

1,094

950

1,100

1,023

1,013

943

964

809

847

855

862

744

819

768

918

847

874

815

933

906

811

851

822

849

845

851

799

794

854

856

905

850

839

Equipment and data processing

2,307

2,208

2,292

2,121

2,032

2,372

2,154

2,256

2,303

2,306

2,079

1,916

1,926

1,887

1,835

1,760

1,714

1,719

1,672

1,918

1,791

1,963

1,798

1,863

1,698

1,782

1,760

1,821

1,665

1,720

1,689

1,680

1,592

1,624

1,694

1,562

1,720

Financial institutions tax

509

509

509

464

495

495

496

300

348

510

490

410

411

431

442

-

272

326

-

-

-

-

-

351

385

400

431

445

521

437

438

254

370

402

469

498

503

Franchise tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

326

-

198

198

198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Advertising

407

465

390

413

340

290

235

317

285

265

124

207

290

221

127

191

183

221

142

221

181

247

189

247

226

281

139

292

134

211

141

354

204

141

121

205

147

Amortization of intangible assets

127

127

127

129

128

132

113

113

113

113

83

-26

72

10

13

13

14

13

14

16

17

16

19

20

20

23

23

25

26

28

29

33

33

36

37

43

45

FDIC insurance premiums

288

-

-

-

-294

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepayment penalty on FHLB advances

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

65

738

-

-

-

-

-

-

-

FDIC insurance premiums

-

297

331

-

-

288

290

249

301

340

188

172

155

287

326

295

313

307

326

341

295

327

253

592

598

603

554

1,026

1,012

1,055

1,109

1,282

1,111

1,057

1,405

1,391

1,459

Other insurance premiums

74

76

76

70

85

109

109

114

115

109

112

77

89

73

89

102

84

85

84

-

138

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other insurance premiums

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

135

137

-

174

175

176

-

-

-

-

-

-

-

-

-

-

Legal and consulting fees

181

214

60

292

356

147

299

155

156

184

229

448

211

214

80

338

361

311

217

85

184

177

161

171

368

-43

192

-1,798

2,219

1,039

880

1,132

1,290

293

962

948

940

Other professional fees

545

562

587

873

651

499

391

545

666

420

520

167

341

351

187

502

469

386

376

381

555

617

392

702

393

917

216

-

-

-

-

-

-

-

-

-

-

Supervisory fees

48

34

34

-

34

42

42

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Debt prepayment penalty

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,396

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Real estate owned and other repossessed asset expenses

39

17

39

34

25

34

36

17

33

23

62

1

41

77

72

45

134

18

141

92

189

137

213

310

354

293

493

239

383

419

702

5,016

-361

-891

-873

-1,027

-1,024

Merger related expenses

-

-

-

-

-

-

-

39

0

0

4,962

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expenses

1,207

1,333

1,608

1,513

1,131

1,235

1,337

3,854

1,395

1,214

1,502

1,373

1,645

1,268

1,343

1,412

1,028

1,156

1,289

1,056

1,433

1,312

1,670

3,387

1,122

1,954

2,185

3,255

1,826

1,861

2,374

2,387

827

2,924

2,338

1,608

1,509

Total non-interest expenses

15,011

15,976

17,674

17,177

15,772

15,530

16,600

17,329

15,464

15,176

20,290

13,717

12,978

12,860

12,464

12,755

12,285

12,208

12,681

13,939

14,252

14,226

13,543

14,977

13,528

14,368

13,864

14,302

17,330

17,043

16,494

16,545

14,569

15,910

16,488

15,700

17,291

Income before income taxes

12,887

12,789

10,524

11,723

11,746

11,755

10,345

8,796

10,623

11,566

2,095

6,759

7,441

7,859

4,912

6,293

6,216

6,165

5,501

-

2,531

3,567

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,250

-

2,067

3,539

2,682

4,546

-29,729

62

3,796

7,928

-8,864

-1,796

2,962

-9,915

-4,885

Income tax expense (includes $27, $0, $88 and $49 income tax expense from reclassification items)

2,383

2,303

1,868

2,171

2,217

2,214

1,789

4,294

3,067

3,377

557

1,734

2,288

2,529

1,592

1,965

2,073

2,040

1,815

-685

-369

-38,837

156

-

350

150

-

1,950

-2,838

0

0

-

-

0

0

0

0

Amortization of discount on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,642

0

5,930

-821

-

-

-

-

-

-

-

-

-

-

Earnings available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,239

1,717

-2,541

1,861

-

-

-

-

-

-

-

-

-9,915

-4,885

Net income

10,504

10,486

8,656

9,552

9,529

9,541

8,556

4,502

7,556

8,189

1,538

5,025

5,153

5,330

3,320

4,328

4,143

4,125

3,686

2,808

2,900

42,404

2,094

2,239

1,717

3,389

2,682

2,596

-26,891

62

3,796

7,928

-8,864

-1,796

2,962

-9,915

-4,885

Amortization of discount on preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

Earnings (loss) available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-26,891

62

-

-

-

-

-

-

-

Net income (loss)

10,504

10,486

8,656

9,552

9,529

9,541

8,556

4,502

7,556

8,189

1,538

-

5,153

5,330

-

-

-

-

-

-

-

-

-

-

1,717

3,389

2,682

2,596

-26,891

62

3,796

7,928

-8,864

-1,796

2,962

-9,915

-4,885

Other comprehensive (loss) income
Earnings available to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,796

-

-

-

-

-

-

Unrealized gain (loss) on securities, available for sale, net of reclassifications and tax of $667, $(463), $2,185 and $(1,912), respectively

2,507

2,715

2,996

4,317

-1,741

-1,433

-4,020

-435

486

1,562

965

-10,140

-1,369

4,442

6,429

-2,267

5,138

-5,937

3,890

6,352

-196

3,216

12,568

-10,440

-2,121

-32,922

-2,963

-3,636

2,729

5,425

-2,883

-4,799

8,218

7,474

-1,773

-1,569

506

Unamortized unrealized losses on securities transferred from available for sale to held to maturity and then transferred back to available for sale

-

-512

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accretion of unrealized losses on securities transferred from available for sale to held to maturity, net of tax of $0, $10, $9 and $26, respectively

0

9

24

30

35

31

30

31

33

32

33

42

47

37

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Unrealized gains (losses) and amortization of prior service credit on postretirement plan, net of tax of $0, $0 and $(447), respectively

-

-

-

-

-

-

-

-

-

-

-

-180

-289

-181

-181

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclassification adjustment for (gains) losses, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

213

20

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total other comprehensive income (loss)

2,507

3,236

3,020

4,347

-1,706

-1,402

-3,990

-404

519

1,594

998

-10,789

-1,611

4,298

6,282

-2,313

5,138

-5,937

3,890

6,312

-409

3,196

12,568

-10,341

-2,121

-32,922

-2,963

-3,621

2,729

5,425

-2,883

-

-

-

-

-

-

Comprehensive income

13,011

13,722

11,676

13,899

7,823

8,139

4,566

4,098

8,075

9,783

2,536

-5,764

3,542

9,628

9,602

2,015

9,281

-1,812

7,576

9,120

2,491

45,600

14,662

-8,102

-404

-29,533

-281

-1,025

-24,162

5,487

913

3,819

-646

5,678

1,189

-11,484

-4,379

Earnings per share
Basic

0.22

0.22

0.18

0.20

0.19

0.19

0.17

0.10

0.15

0.16

0.03

0.11

0.11

0.11

0.07

0.10

0.09

0.08

0.07

0.06

0.06

0.84

0.04

0.04

0.03

-0.06

0.06

0.08

-0.82

0.00

0.12

0.26

-0.29

-0.06

0.10

-0.32

-0.16

Diluted

0.22

0.22

0.18

0.19

0.19

0.19

0.17

0.10

0.15

0.16

0.03

0.11

0.11

0.11

0.07

0.10

0.09

0.08

0.07

0.06

0.06

0.84

0.04

0.05

0.03

-0.06

0.05

0.08

-0.82

0.00

0.12

0.26

-0.29

-0.06

0.10

-0.32

-0.16

Deposit Account [Member]
Deposit related fees

1,490

1,417

1,341

1,520

1,494

1,392

1,300

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financial Service, Other [Member]
Deposit related fees

21

21

38

36

26

61

38

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Credit and Debit Card [Member]
Deposit related fees

1,057

1,221

934

1,032

1,000

1,177

949

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Fiduciary and Trust [Member]
Deposit related fees

434

461

465

480

483

473

469

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-