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Income Statement
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Op Efficiency
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OLD LINE BANCSHARES INC (OLBK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11
   10-K10-K10-K10-K10-K10-K10-K10-K
    Interest income:  
        Interest income on loans  104.568.156.047.941.740.233.828.4
        Interest income on investments  2.01.81.61.2    
        Interest income on repurchase agreements  0.00.00.00.00.00.00.00.0
       111.373.660.551.545.644.338.232.3
    Interest expense:  
        Interest on deposits  14.67.35.54.23.43.74.24.4
        Interest on borrowings       0.50.80.8
       21.311.57.54.93.94.25.15.2
Net interest income  89.962.152.946.641.740.133.227.1
Provision for loan losses  1.81.01.61.32.81.51.51.8
Net interest income after provision for loan losses  88.161.251.445.338.938.631.625.3
        Deposit and loan fees     1.71.91.61.31.2
        Gain on sale of investments, net     0.10.10.61.20.1
        Other non-interest income  12.07.88.35.13.915.61.31.1
Total non-interest income  12.07.88.36.86.017.83.72.5
Non-interest expenses  62.744.839.636.335.036.125.220.6
Pre-tax income before non-recurring items  47.128.420.917.610.215.211.07.7
Non-recurring items  9.74.30.91.80.53.80.90.6
Pre-tax income  37.424.120.015.89.811.310.27.2
Income taxes  10.28.26.85.42.73.62.71.9
            Tax rate  27.2%33.8%34.1%34.0%27.5%31.7%26.7%26.9%
Minority interest    0.00.00.0-0.1-0.1-0.1
Net income  27.216.013.210.57.17.87.55.4
            Net margin  27.2%23.1%22.1%20.1%15.9%13.9%21.3%19.4%
   
Basic EPS  $1.73$1.38$1.21$0.98$0.66$0.87$1.10$0.86
Diluted EPS  $1.71$1.35$1.20$0.97$0.65$0.86$1.09$0.86
   
Shares outstanding (basic)  15.711.610.810.610.89.06.86.2
Shares outstanding (diluted)  15.911.811.010.810.99.16.96.3
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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