Income Statement

Financial Highlights
3/31/2017
3/31/2018
6/30/2018
12/31/2018
Interest Income 1,438 1,865 2,198 8,790
Interest Expense 334 422 493 1,764
Net Interest Income 1,104 1,443 1,705 7,026
FTE Net Interest Income NA NA NA NA
Provision for Loan Losses 0 68 282 580
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 28 35 129
Gain on Sale of Loans (FAS 140) 0 0 0 0
Loan Fees & Charges NA NA NA NA
Bank-owned Life Insurance Revenue 30 28 27 109
Insurance Revenue 0 0 0 0
Investment Banking & Brokerage 0 0 0 0
Other Noninterest Income 25 6 4 17
Total Noninterest Income 55 62 66 255
Realized Gain on Securities 0 0 1 1
Nonrecurring Revenue 0 0 0 0
Compensation & Benefits 486 551 560 2,264
Occupancy & Equipment 49 48 50 227
Marketing and Promotion Expense NA NA NA 22
Professional Fees 39 53 19 132
Tech & Communications Expense NA 138 NA 618
Amrt of Intang & Goodwill Impair NA 17 16 67
Foreclosure & Repo NA 0 0 0
Other Expense 267 111 268 449
Total Noninterest Expense 841 918 913 3,779
Nonrecurring Expense 0 0 0 0
Pre-Provision Net Revenue 318 587 858 3,502
Non-FTE Pre-Provision Net Revenue 318 587 858 3,502
Net Income before Taxes 318 519 577 2,923
Provision for Taxes 118 119 134 690
Effective Tax Rate(%) 37.11 22.93 23.22 23.61
Min Int & Oth after-tax Items 0 0 0 0
Extraordinary Items 0 0 0 0
Net Income 200 400 443 2,233
Net Income Attributable to Noncontrolling Int 0 0 0 0
Net Income Attributable to Parent 200 400 443 2,233
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 200 400 443 2,233
Net Income for Diluted EPS 200 400 443 2,233
EPS after Extra($) 0.07 0.15 0.13 0.62
EPS after Extra Growth(%) (58.80) 114.30 18.20 226.30
Pre-Provision Earnings per Share($) 0.07 0.17 0.20 0.77
Comprehensive Income
Net Income 200 400 443 2,233
Preferred Dividend Adjustment to Comprehensive Inc 0 0 0 0
Total Other Comprehensive Income 118 (330) (140) (289)
Comprehensive Income 318 70 303 1,944
Interest Income Earned On:
Interest Earned on Loans 1,168 1,586 1,904 7,617
Int Inc: Securities 267 273 286 1,111
Int Inc: Other Earn Assets 3 6 8 62
Int Inc: Secs & Oth Earn Assets 270 279 294 1,173
Int Inc: Total Earn Assets 1,438 1,865 2,198 8,790
Interest Expense Incurred On:
Int Exp: CDs NA 261 299 1,077
Int Exp: Other Deposits NA 122 121 528
Int Exp: Total Deposits 322 383 419 1,605
Int Exp: Debt 12 39 74 159
Int Exp: Total Int-bearing Liab 334 422 493 1,764
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