BFIN · As filed with the SEC
BankFinancial income statement, by fiscal year
The statement as BankFinancial presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
Consolidated Statements of Operations · USD thousands, except per-share amounts
| USD thousands, except per-share amounts | FY2024 Year ended Dec 31, 2024 | FY2023 Year ended Dec 31, 2023 | FY2022 Year ended Dec 31, 2022 | FY2021 Year ended Dec 31, 2021 | FY2020 Year ended Dec 31, 2020 |
|---|---|---|---|---|---|
| Loans, including fees | 50,757 | 56,699 | 48,562 | 45,188 | 50,467 |
| Securities | — | 3,707 | 2,658 | 232 | 854 |
| Taxable | 193 | 0 | 446 | — | — |
| Tax exempt | 9,101 | — | — | — | — |
| Other | 8,522 | 5,749 | 4,076 | 1,146 | 1,554 |
| Total interest income | 68,573 | 66,155 | 55,296 | 46,566 | 52,875 |
| Interest expense | |||||
| Deposits | 18,343 | 12,552 | 3,687 | 2,227 | 6,988 |
| Borrowings and Subordinated notes | — | 1,774 | 794 | 567 | 0 |
| Total interest expense | — | 14,326 | 4,481 | 2,794 | 6,988 |
| Borrowings and Subordinated notes | 1,789 | — | — | — | — |
| Total interest expense | 20,132 | — | — | — | — |
| Net interest income | 48,441 | 51,829 | 50,815 | 43,772 | 45,887 |
| Provision for (recovery of) loan losses | — | — | 1,828 | (1,240) | 55 |
| Provision for credit losses - loans | 5,081 | 395 | — | — | — |
| Recovery of credit losses - unfunded commitments | (56) | (82) | — | — | — |
| Provision for credit losses | 5,025 | 313 | — | — | — |
| Net interest income after provision for credit losses | 43,416 | 51,516 | 48,987 | 45,012 | 45,832 |
| Noninterest income | |||||
| Deposit service charges and fees | 3,433 | 3,318 | 3,271 | 3,184 | 3,196 |
| Loan servicing fees | 582 | 532 | 590 | 731 | 552 |
| Mortgage brokerage and banking fees | — | — | 38 | 35 | 98 |
| Trust and insurance commissions and annuities income | 1,558 | 1,280 | 1,153 | 1,136 | 961 |
| Earnings on bank-owned life insurance | — | — | — | 114 | 70 |
| (Loss) earnings on bank-owned life insurance | — | — | (39) | — | — |
| Losses on sales of securities | 0 | (454) | — | — | — |
| (Loss) gain on sale of premises and equipment | (124) | 9 | — | — | — |
| Valuation adjustment on bank premises held-for-sale | 0 | (602) | — | — | — |
| Loss on bank-owned life insurance | (168) | (346) | — | — | — |
| Gain on repurchase of Subordinated notes | 107 | — | — | — | — |
| Other | 401 | 680 | 517 | 489 | 489 |
| Total noninterest income | 5,789 | 4,417 | 5,976 | 5,689 | 5,366 |
| Noninterest expense | |||||
| Compensation and benefits | 23,146 | 22,232 | 21,576 | 22,638 | 21,323 |
| Office occupancy and equipment | 7,323 | 8,052 | 7,981 | 7,524 | 7,271 |
| Advertising and public relations | 496 | 762 | 690 | 742 | 591 |
| Information technology | 3,956 | 3,732 | 3,566 | 3,083 | 3,360 |
| Professional fees | 1,545 | 1,330 | 1,292 | 1,336 | 1,356 |
| Supplies, telephone, and postage | 1,132 | 1,254 | 1,393 | 1,615 | 1,232 |
| Nonperforming asset management | — | — | — | 52 | 146 |
| Operations of foreclosed assets, net | — | — | — | 364 | 17 |
| FDIC insurance premiums | 620 | 865 | 467 | 478 | 348 |
| Other | 5,966 | 4,954 | 4,163 | 3,111 | 2,794 |
| Total noninterest expense | 44,184 | 43,181 | 41,128 | 40,943 | 38,438 |
| Income before income taxes | 5,021 | 12,752 | 13,835 | 9,758 | 12,760 |
| Income tax benefit | 948 | 3,359 | 3,341 | 2,348 | 3,597 |
| Net income | 4,073 | 9,393 | 10,494 | 7,410 | 9,163 |
| Basic and diluted earnings per common share (in dollars per share) | — | — | — | 0.53 | 0.61 |
| Basic and diluted weighted average common shares outstanding (in shares) | — | — | — | 14,031,198 | 14,951,656 |
| Basic and diluted earnings per common share (in dollars per share) | 0.33 | 0.74 | 0.80 | — | — |
| Basic and diluted weighted average common shares outstanding (in shares) | 12,462,512 | 12,622,882 | 13,071,742 | — | — |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.