Income Statement

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 4,814 5,436 7,807 26,046
Interest Expense 469 547 612 2,547
Net Interest Income 4,345 4,890 7,195 23,499
FTE Net Interest Income NA NA NA NA
Provision for Loan Losses 134 188 400 1,128
Trading Account Income 0 0 0 0
Foreign Exchange Income 0 0 0 0
Trust Revenue 0 0 0 0
Service Charges on Deposits NA NA NA NA
Gain on Sale of Loans (FAS 140) NA NA NA NA
Loan Fees & Charges NA 172 216 NA
Bank-owned Life Insurance Revenue NA NA NA NA
Insurance Revenue NA NA NA NA
Investment Banking & Brokerage NA NA NA NA
Other Noninterest Income NA 1,521 1,156 NA
Total Noninterest Income 1,459 1,693 1,372 6,686
Realized Gain on Securities NA 0 0 NA
Nonrecurring Revenue 0 0 4,000 4,000
Compensation & Benefits NA 2,630 2,869 NA
Occupancy & Equipment NA 420 456 NA
Marketing and Promotion Expense NA NA NA NA
Professional Fees NA NA NA NA
Tech & Communications Expense NA NA NA NA
Amrt of Intang & Goodwill Impair 0 0 0 0
Foreclosure & Repo NA NA NA NA
Other Expense NA 1,526 1,758 NA
Total Noninterest Expense 4,409 4,576 5,083 20,088
Nonrecurring Expense 0 0 0 0
Pre-Provision Net Revenue 1,395 2,007 3,484 10,097
Non-FTE Pre-Provision Net Revenue 1,395 2,007 3,484 10,097
Net Income before Taxes 1,261 1,819 7,084 12,969
Provision for Taxes 345 313 1,748 2,917
Effective Tax Rate(%) 27.36 17.21 24.68 22.49
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 916 1,506 5,335 10,052
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 916 1,506 5,335 10,052
Preferred Dividends 0 0 0 0
Other Preferred Dividends after Net Income 0 0 0 0
Other Changes to Net Income 0 0 0 0
Net Income Avail to Common 916 1,506 5,335 10,052
Net Income for Diluted EPS 916 1,506 5,335 10,052
EPS after Extra($) 0.38 0.62 2.19 NA
EPS after Extra Growth(%) 52 62.90 277.70 NA
Pre-Provision Earnings per Share($) 0.38 0.65 1.13 NA
Comprehensive Income
Net Income 916 1,506 5,335 10,052
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 228 (1,515) (484) (1,160)
Comprehensive Income 1,144 (9) 4,852 8,892
Interest Income Earned On:
Interest Earned on Loans 3,922 4,517 6,857 22,254
Int Inc: Securities 853 790 785 3,173
Int Inc: Other Earn Assets 39 129 165 619
Int Inc: Secs & Oth Earn Assets 892 919 950 3,792
Int Inc: Total Earn Assets 4,814 5,436 7,807 26,046
Interest Expense Incurred On:
Int Exp: CDs NA 291 NA NA
Int Exp: Other Deposits NA 97 NA NA
Int Exp: Total Deposits 346 388 451 1,903
Int Exp: Debt 123 159 161 644
Int Exp: Total Int-bearing Liab 469 547 612 2,547
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.

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