Wvs financial corp (WVFC)
Income statement / Quarterly
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'10
INTEREST AND DIVIDEND INCOME:
Loans, including fees

875

871

883

866

847

825

804

742

748

754

739

720

699

668

634

627

608

567

522

457

430

380

373

362

388

415

414

420

472

549

586

624

695

713

860

770

808

837

882

Commercial paper and investment securities

941

997

1,081

1,171

1,188

1,066

1,022

951

766

680

639

566

553

503

509

530

491

461

507

480

382

336

295

354

318

397

498

612

603

748

780

920

818

647

724

1,096

1,031

1,045

1,223

Investment securities - non-taxable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

7

39

42

57

51

51

52

Mortgage-backed securities

685

757

885

956

973

927

889

879

800

722

729

681

582

524

546

549

583

509

514

561

670

754

796

778

707

588

474

380

288

247

247

245

219

235

230

201

246

324

425

Certificates of deposit

7

15

15

10

7

3

2

3

16

21

32

41

40

34

9

1

2

2

2

1

1

2

2

1

3

3

3

1

2

2

2

3

7

9

11

22

29

34

38

Interest-earning demand deposits

1

1

1

2

1

6

3

4

3

2

1

1

0

2

0

-

0

0

-

-

1

0

-

-

0

0

-

-

0

0

-

-

0

0

-

0

1

1

1

FHLB Stock

131

130

122

116

142

116

112

117

149

88

85

86

81

83

79

81

80

83

92

82

256

65

54

52

31

21

13

4

5

8

2

2

2

0

0

-

0

-

-

Trading securities

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total interest and dividend income

2,640

2,771

2,987

3,121

3,158

2,943

2,832

2,696

2,482

2,267

2,225

2,097

1,958

1,814

1,777

1,789

1,764

1,622

1,637

1,581

1,740

1,537

1,520

1,548

1,447

1,424

1,402

1,418

1,370

1,554

1,617

1,795

1,748

1,643

1,867

2,146

2,166

2,292

2,621

INTEREST EXPENSE:
Deposits

224

232

250

351

253

129

123

137

102

86

81

62

74

54

55

51

53

54

52

51

52

55

59

77

85

89

79

84

86

100

108

120

132

139

152

162

218

252

286

Federal Home Loan Bank advances - long-term - fixed rate

116

116

114

-

114

116

-

-

0

0

32

-

107

109

109

-

140

142

142

-

138

142

142

-

207

211

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank advances - long-term - variable rate

402

452

518

-

586

526

-

0

0

0

11

27

13

18

7

89

145

91

83

78

76

73

70

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal Home Loan Bank advances - short-term

247

310

302

277

373

437

909

848

716

591

520

407

294

215

202

119

59

32

28

25

16

15

17

37

56

55

54

47

38

54

53

55

44

19

11

3

0

1

0

Federal Home Loan Bank advances - long-term - fixed rate

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

211

208

207

211

211

207

209

211

244

412

587

815

1,451

Other short-term borrowings

1

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

5

1

6

3

2

0

0

-

3

-

-

-

0

-

-

-

0

-

-

14

5

8

6

Total interest expense

990

1,110

1,184

1,306

1,326

1,208

1,032

985

818

677

644

597

488

396

373

398

402

320

311

298

284

285

288

307

351

355

344

339

331

365

372

383

385

369

407

591

810

1,076

1,743

NET INTEREST INCOME

1,650

1,661

1,803

1,815

1,832

1,735

1,800

1,711

1,664

1,590

1,581

1,500

1,470

1,418

1,404

1,391

1,362

1,302

1,326

1,283

1,456

1,252

1,232

1,241

1,096

1,069

1,058

1,079

1,039

1,189

1,245

1,412

1,363

1,274

1,460

1,555

1,356

1,216

878

(CREDIT) PROVISION FOR LOAN LOSSES

-7

-8

-10

-

10

14

19

-

10

6

5

-

15

18

16

-

21

28

19

-

31

18

3

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

PROVISION FOR LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9

5

-99

12

5

-24

-25

-24

-54

-11

-20

-19

-33

2

7

9

NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES

1,657

1,669

1,813

1,778

1,822

1,721

1,781

1,682

1,654

1,584

1,576

1,491

1,455

1,400

1,388

1,403

1,341

1,274

1,307

1,265

1,425

1,234

1,229

1,232

1,091

1,168

1,046

1,074

1,063

1,214

1,269

-

-

-

-

-

-

-

-

NON-INTEREST INCOME:
Service charges on deposits

25

30

29

29

30

26

29

30

32

32

32

-

31

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INTEREST INCOME AFTER RECOVERY OF LOAN LOSSES

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,374

1,294

1,479

-

1,354

1,209

869

Service charges on deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

35

37

-

33

41

43

44

33

44

41

42

40

50

52

46

45

47

51

49

40

53

60

55

54

65

58

Earnings on Bank Owned Life Insurance

29

29

30

30

30

30

31

30

31

32

33

33

32

33

33

34

33

33

34

35

35

35

35

37

37

36

26

-

-

0

0

-

-

-

-

-

-

-

-

Other than temporary impairment gains

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-43

-

-

-

4

-

-

0

0

106

197

0

0

0

0

Portion of loss recognized in other comprehensive income (before taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-62

-

-

-

-8

-

-

-

0

0

-

-

-

-

-

Portion of loss recognized in other comprehensive income (before taxes)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

173

-

0

0

0

Net impairment loss recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

19

-

-

-

12

-

-

1

0

106

24

0

0

0

0

Investment securities gains (losses)

-

32

-

0

0

0

-2

-

2

-

0

-

0

-

-

-

0

21

-

-

0

0

-

-

-

-

-

38

0

0

8

4

0

0

0

-

-

-

-

Market gain (loss) on trading assets

-

-

-

-

-

-

-

-

-

-

-

-

9

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other than temporary impairment losses

-32

-16

-

-

122

-

-

45

0

0

41

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Portion of loss recognized in other comprehensive income

-

-

-

-

148

-

-

-149

0

0

49

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net impairment loss recognized in earnings

-32

-16

-1

-

-26

-

-

-6

0

0

-8

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM fee income

38

36

42

43

38

43

42

43

43

47

47

-

46

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

ATM fee income

-

-

-

-

-

-

-

-

-

-

-

-

-

49

49

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Market losses on trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

41

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of other real estate owned

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16

-

-

-

0

-

-

-

-

-

-

Other

10

11

10

8

15

11

10

14

12

13

11

9

12

31

11

-133

65

61

62

7

64

66

62

57

54

60

59

-57

57

178

71

77

61

71

65

64

62

89

67

Total non-interest income

70

122

110

108

87

110

110

111

120

124

115

123

130

107

130

146

131

156

139

143

132

145

138

136

112

146

137

144

74

225

130

129

101

18

101

119

116

154

125

NON-INTEREST EXPENSE:
Salaries and employee benefits

559

535

545

726

575

565

556

625

546

549

554

625

555

541

543

575

559

565

544

550

532

549

533

540

538

532

511

507

505

491

493

523

493

486

479

534

486

474

470

Occupancy and equipment

63

57

63

70

66

58

68

82

80

75

73

78

82

81

82

81

84

80

84

78

90

78

77

78

83

95

73

75

80

80

75

74

74

75

78

72

82

79

83

Data processing

55

52

57

58

56

58

58

57

60

54

49

55

58

54

55

47

58

56

59

60

62

58

59

57

64

60

60

64

59

61

61

61

61

65

56

61

61

63

61

Correspondent bank service charges

7

9

9

10

9

7

7

10

10

10

10

10

9

10

9

10

9

10

9

9

10

9

10

12

10

11

11

10

12

13

14

15

9

16

21

24

22

22

21

Federal deposit insurance premium

9

0

-23

-

24

22

28

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Federal deposit insurance premium

-

-

-

-

-

-

-

25

27

28

28

29

22

12

48

48

47

49

50

44

40

45

46

43

49

48

47

41

40

43

36

97

90

64

55

94

118

116

91

ATM network expense

24

18

23

23

21

25

37

31

25

25

25

32

31

30

34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

167

199

173

128

146

219

147

127

159

216

153

164

139

188

163

62

182

184

197

32

160

249

190

215

169

212

157

160

172

225

254

151

151

176

288

189

158

286

179

Total non-interest expense

884

870

847

1,038

897

954

901

957

907

957

892

993

896

916

934

947

939

944

943

909

894

988

915

945

913

958

859

857

868

913

933

921

878

882

977

974

927

1,040

905

INCOME BEFORE INCOME TAXES

843

921

1,076

848

1,012

877

990

836

867

751

799

621

689

591

584

602

533

486

503

499

663

391

452

423

290

356

324

361

269

526

466

674

597

430

603

733

543

323

89

INCOME TAX EXPENSE

218

194

283

233

265

192

242

243

233

355

297

203

263

196

186

210

204

193

192

177

203

125

153

144

92

123

114

130

130

201

81

268

215

226

193

134

190

108

30

NET INCOME

625

727

793

615

747

685

748

593

634

396

502

418

426

395

398

392

329

293

311

322

460

266

299

279

198

233

210

231

139

325

385

406

382

204

410

599

353

215

59

EARNINGS PER SHARE:
Basic

0.35

0.41

0.45

0.35

0.42

0.38

0.42

0.31

0.35

0.22

0.28

0.22

0.23

0.21

0.21

0.21

0.17

0.15

0.16

0.16

0.24

0.14

0.15

0.14

0.10

0.11

0.10

0.10

0.07

0.16

0.19

0.19

0.19

0.10

0.20

0.30

0.17

0.10

0.03

Diluted

0.35

0.41

0.45

0.35

0.42

0.38

0.42

0.31

0.35

0.22

0.28

0.22

0.23

0.21

0.21

0.21

0.17

0.15

0.16

0.16

0.24

0.14

0.15

0.14

0.10

0.11

0.10

0.10

0.07

0.16

0.19

0.19

0.19

0.10

0.20

0.30

0.17

0.10

0.03

AVERAGE SHARES OUTSTANDING:
Basic

1,771

1,771

1,775

1,774

1,772

1,782

1,793

1,827

1,828

1,826

1,824

1,855

1,882

1,881

1,876

1,912

1,910

1,910

1,909

1,919

1,939

1,949

1,959

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

Diluted

1,771

1,771

1,775

1,774

1,772

1,782

1,793

1,827

1,829

1,826

1,824

1,855

1,882

1,881

1,876

1,912

1,910

1,910

1,909

1,919

1,939

1,949

1,959

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057

2,057